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HomeNewsFewer parking meters being fed means slimmer parking revenues for city

Fewer parking meters being fed means slimmer parking revenues for city

On the up side, it hasn’t been difficult finding parking in downtown Timmins the last six months.

On the down side, it’s costing City Hall money.

Back when the pandemic hit, council suspended payment in on-street parking meters. That lasted about three months.

City clerk Steph Palmateer says parking revenues dropped by 46 percent.

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“In 2019 by the end of August, we had collected around $440,000 in revenues,” he outlines. “And this year at this point in time, we’re at $238,000.”

Palmateer says permit fees and money from parking meters are going back up slowly and steadily.

“I know that the finance department has been updating council regularly with those projections,” he says, looking forward to the end of the year, “but yeah, we’re going to be probably about 50% less revenues than previous years.”

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