As the City of Toronto, Ontario, Canada, implements stricter parking enforcement in the city’s downtown core, commercial vehicles (CVs) have become targets of increased ticketing and towing, often without alternate legal means of parking and loading. This paper investigates the feasibility of a CV parking permit to provide lawful and affordable parking options yet maintain a source of revenue for the municipality. Parking permits around the world are reviewed on the basis of their cost and scope. An analysis of historical parking citations in Toronto indicates clear patterns of parking behavior for which a permit would be beneficial. A nested choice model is developed to reflect the decision process of drivers searching for parking and calculate the revenue impacts of permit pricing schemes. This decision structure reflects a trade-off between permit pricing, legal parking costs (such as the value of walking time from distant loading zones), and the expected value of citations for illegal parking. The trade-off between permit revenue and parking ticket revenue shows that optimal permit pricing, in the order of Can$300 annually, can provide an improvement in municipal revenue and achieve widespread adoption (Can$1 = US$0.799 in March 2015). An improvement in social welfare is also achieved with permit adoption through the reduction of the cost of congestion, as permit holders are encouraged to park in legal zones away from congested arterials. The feasibility of a permit is contingent on the calibration of the price and rule structure in the fair appraisal of the value of parking in the downtown core and the needs of CV operators.
Investigation of Commercial Vehicle Parking Permits in Toronto, Ontario, Canada
Transportation Research Record
Transportation Research Record: Journal of the Transportation Research Board ; 2547 , 1 ; 11-18
2016-01-01
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
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