Victoria council seeks to offset looming tax increase with parking fee hike

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The City of Victoria is proposing a 50 cent per hour increase for street and parkade parking to combat rising property taxes.

Parking in downtown Victoria could get a lot more expensive as the City of Victoria drafts an approval for an increase in fees for both streets and parkades.by over $1.9 million in order to limit property tax increases to no more than the inflation rate.

“There’s a slight increase that’s been proposed,” said Mayor Marianne Alto. “That means that we’ll actually be adding 50 cents an hour to both of those particular modes of parking and also extending the time when that’s applied to 7 o’clock for both on-street and for parkade parking.” The proposed parking rate increase would include a 50-cent hike in on-street parking Monday to Saturday, extending hours drivers are charged from 6 p.m. to 7 p.m., and a 50-cent increase per hour at the city’s five downtown parkades.

Alto says the measures are being tabled to offset an upcoming rise in property taxes, which will go up by 6.9 per cent to compensate for inflation — down from the nine per cent increase owners would have seen without the additional revenue, reported in an earlier draft of the plan. “Inflation, although high, is at least something that is understandable by the public and it points both to our ability to look at what is essential to provide from a services perspective, but also which acknowledges the very very difficult situation everyone is in around [their] ability to pay,” says Alto.But local businesses like Robinson’s Outdoor Store say they will feel the pinch from any parking price hike.

 

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Perfect since I don’t drive downtown anymore I don’t have to worry about paying more parking.

Or they could spend with in their means

Another poor decision made by the City. If you expect people to return to downtown businesses, don’t charge people more for less available parking! I don’t want to pay to offset someone else’s property tax. This will only hurt businesses further

Streamline the administration and cap raises.... there is tonnes of tax money being wasted...

When is counsel going to collect fines for open drug use!!!,now there is a big ticket item. why don't you get LISA HELPS TO STAND ON THE FRONT STEP OF 844 TO ISSUE ,SEEING AS SHE ALLOWED THE PARTNER OF THE CITY PHS.COMMIT CRIMES AGAINST BY FIRE CODES AND DRUG USE ALL CLEAR ILEGAL

Charging a fee at the bike valet (if the valet returns) is a start. The increase in cost shouldn't be aimed at vehicle users. It should be shared. (20$ per bike checked isn't a price taxpayers should pay for)

Why don't they cut back on some of their pet products? (Bike Lanes, parking stall furniture / picnic tables, road obstructions, murals/ art, splash parks, non essential non inclusive events) Time to tighten the purse strings and stick to the amenities.

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