Last Updated on August 19, 2021 by Lawrence Berezin
Here’s the NYC parking ticket data
I spent a good part of my morning (starting at 6 a.m.) reviewing awe-inspiring NYC parking ticket data. To clarify, the MMR (Mayor’s Management Report), and the CAFR (Controller’s Comprehensive Annual Financial Report) published the information.
Comprehensive Annual Financial Report (“CAFR”)
The Office of the Comptroller publishes real and budgeted parking fine revenues in the CAFR. The NYC fiscal years run from July 1 to June 30. Further, parking fine figures include the Red Light Camera Monitoring Program.
Actual revenues for NYC parking fines totaled an astounding $604,050,097 in 2010; up from 2009 parking fine revenues of $594,958,818. In 2010, parking fine revenue was $607,864,000. However, the report anticipatedrevenue of $686,181,943 in 2010
In other words, NYC missed the parking fine revenue target by a whole bunch of money.
Mayor Bloomberg’s Management Report Fiscal 2010 (“MMR”)
The MMR detailed other NYC agency data and performance statistics:
- Parking summons (tickets) issued in 2010 totaled 10,709,000; up from 10,662,000 in 2009 (How many trees died for our parking sins?)
- 60.9% of NYC parking tickets issued were paid within 90 days
- 13.9% of NYC parking tickets issued were dismissed within 90 days
- 15.1% of parking ticket appeals granted a reversal
Here are some performance statistics averages::
- Turnaround time for in-person NYC parking ticket hearings: 25 minutes
- Time to issue decision for NYC parking ticket hearing-by-mail/web (prior to new, faster, on-line hearing): 36.2 days
- Time to issue decision for parking ticket appeals: 11 days
- Refunds time for parking tickets, appeals and towing charges: 15 days
NYC parking tickets is a major cash cow for the City that never sleeps. In other words, Imagine running a business enterprise with revenues in excess of $600M, where you have police officers, tow trucks, and NYC marshals to collect your debt.
For example, the parking ticket hearings took 25 minutes. This figure does not include wait time.
I have yet to receive an NYC parking ticket hearing-by-mail decision within 36.2 days. How about you?
The financial wizards of NYC significantly missed the real revenue generated by NYC parking tickets. IN other words, they guessed wrongly. Any thoughts on the subject?
Links of interest
NYC Comptroller (where you’ll find the Comprehensive Annual Financial Reports)