TheNewspaper.com: Driving Politics
Home >Police Enforcement > Parking Tickets > New York City Parking Tickets: Big Business 
Print It Email It Tweet It

New York City Parking Tickets: Big Business
New York city takes in $1 million a week From UPS, FedEx, Verizon in parking tickets.

UPS truck
New York City has cut a deal with commercial vehicle owners over parking tickets. Although the city makes $1 million every week in parking ticket revenue from three companies -- UPS, FedEx and Verizon -- the city was losing $4.6 million in court costs because each company would fight individual citations.

So in exchange for lower parking fines (a $115 ticket becomes $98), these companies agreed not to contest tickets any more. The deal was signed last July, and the city still made $9.4 million from FedEx, $8.3 million from UPS, and $3.2 million from Verizon last year in parking tickets alone.

The companies just see this as "cost of doing business in New York."


Article Excerpt:
"While these agreements say the program has to be revenue-neutral, the truth is we are coming out ahead because of what we are saving on processing, as are the companies," a spokeswoman for the Department of Finance, Joanna Perlman, said. "So it's a win-win for both."
Source: Get a $115 Fine, Pay Only $98 (New York Sun, 3/11/2005)

Regional News:
Other news about New York City, New York



Permanent Link for this item
Return to Front Page

Related News
Maryland Court Upholds Seat Belt Ticket Roadblocks

Federal Appeals Court Outlaws Tire Chalking

Michigan Motorist Fights Tire Chalking

Pennsylvania: Audit Shows Motorist Cash Funds Lavish State Salaries

Utah Supreme Court Defends Multi-Space Parking Meters




View Main Topics:

Get Email Updates
Subscribe with Google
Subscribe via RSS or E-Mail

Back To Front Page


Front Page | Get Updates | Site Map | News Archive | Search | RSS Feed
TheNewspaper.com: Driving politics
TheNewspaper.com