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VILLAGE REVENUES

PARKING TICKETS

 
PRESS RELEASE

FOR IMMEDIATE RELEASE: May 21, 2010

MAYWOOD PARKING TICKET REVENUES

ESCALATE 55% IN LAST FISCAL YEAR

Collections from parking tickets in Maywood increased 55% for the last fiscal year, reported Finance Director Lanya Satchell.  Revenues from sale of vehicle stickers went up 9% in the same reporting period.
 
Parking enforcement revenue increased to approximately $474,000 from $305,000 for the previous twelve months.  Sale of vehicle stickers brought in $316,000 compared to $290,500. 
 
“The village is pleased that revenues have increased in the last year,” stated Village Manager Jason Ervin.  “During the severe financial downturn, which has severely impacted other village revenue sources, we have taken steps to ensure that available revenue streams are maximized,” he added. 
 
Director Satchell attributed the rise in parking ticket revenues to “the finance department’s more direct involvement in parking enforcement, as well as more aggressive booting.”  She lauded the cooperation between the police department and the finance department in the parking collection process. 
 
Revenue from water collections remained the same as last year--$3,894.000.  Satchell noted that “complaints about water billing have been dramatically reduced.”

 

 

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