Abstract: This report describes and evaluates parking tax options for possible implementation by the City of Seattle. A commercial parking tax is a special tax on priced parking. A nonresidential parking tax (NRPT) is a special tax that applies to both unpriced and priced parking. Commercial parking taxes discourage the pricing of parking and concentrate impacts in a few areas. Non-residential parking taxes distribute cost burdens more broadly, encourage property owners to manage parking supply more efficiently, which tends to reduce total parking costs, reduce automobile traffic, and reduce sprawl. Although non-residential parking taxes are more challenging to implement, they tend to support more of Seattle’s strategic planning objectives.
Publication Year: 2010
Publication Date: 2010-12-01
Language: en
Type: article
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