With the start of September, the Philadelphia Parking Authority has hiked the cost for residential parking permits from $35 to $75.
If you live in Philly, or visit and plan to park on residential streets, expect to pay more for parking, if you don't already.
That's because the Philadelphia Parking Authority has raised the costs for temporary parking permits and is set to hike to cost of annual residential parking permits, as well.
On Aug. 1, 2024, rates for temporary parking passes jumped as much as five times, as rates for 15-day passes jumped from $15 to $75 and the rates for 30-day passes jumped from $30 to $150.
Yet, parking passes for a day remained at $7.
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Also, the PPA has limited the issuance of temporary parking permits to 60 per household.
And now, as of Sunday, Sept. 1, 2024, the rates of residential parking passes will jump from $35 annually to $75.
Previously, a permit for a second vehicle per household cost $50 and a third vehicle cost $75. Four, or more, vehicles per household cost $100 each for a permit.
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Unlike in the past, come next month, residential permit costs will be a flat $75 fee, per vehicle, per permit. Also, come September, there will be a limit of three vehicles per household.
In a statement, Rich Lazer, the executive director of the PPA, said that the price hikes were needed as the costs for permits haven't been increased in over a decade.
"Significant pricing changes haven’t occurred since tiered pricing for permits was first introduced over a decade ago. Prior to that, the cost of an annual permit has remained at $35 since 1983," Lazer wrote.
He also noted that, the new limit on residential permits per household comes as there are more permits in the hands of residents then there are available parking spaces on city streets.
"These are needed reforms," he wrote in a statement. "There are only so many spaces on the street and the number of residential permits in circulation far exceeds the parking capacity."
Also, on its website, the PPA notes that the agency will be providing a 30-day grace period for the month of September to allow residents to renew their residential permits without penalty.
That grace period will end after Sept. 30, 2024.
For more information, visit the PPA's website for permits, here.
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