Parking ticket fines are a bonanza for New York City. Our fair city collected $957 million from all fines in FY 2015, and 59 % was from parking tickets. How much money was raised by the evil boot and tow, any idea?
Parking ticket fines
NYC Goal to Raise $93M more in Parking Ticket Fines
The New York Post reports, citing new budget documents, that the Bloomberg administration has set its sights on a whopping $686M in revenue next year from parking ticket fines and penalties; obliterating the notion that parking enforcement warriors aren’t given quotas to fill. This exceeds projections of NYC parking ticket revenue for 2009 by $93M. […]