Then I read the article in the SP (Apr.29/10) that reported that 350 free parking permits have been issued to city hall employees. This would be over and above the multitude that get underground or surface parking stalls allocated to them on site. Parking is the biggest expense incurred by downtown workers. The convenience factor is the main reason people drive to work.
Why would any of these employees buy a bus pass, queue up on the corner in the dead of winter to wait for a bus and give up the convenience of having their vehicles at work when the major cost of doing so is eliminated?
Why would transit want to pilot this program with city hall employees knowing so many of them have free parking, compliments of the taxpayer?
Is this a taxable benefit to civic employees?
The downtown BID gets a share of parking meter revenue to be used for downtown improvement. At $2.00 an hour, 8 hours a day, five day s a week, 11 months of the year, times 350 employees translates in excess of $300,000.00 a year. Is the BID compensated for their loss of this shared revenue?
And those of us who foot the bills will circle the downtown in search of a parking meter while scrounging for a toonie to pay the freight.