Forecasting Parking Revenue with Monit Data's Parking Monitor

The increase in revenues from parking in Dutch municipalities was in the news in The Netherlands. To help cities with forecasting the effect of paid parking policies on budgeted revenues Monit Data offers a tariff scenario module in the Parking Monitor suite.

This last Sunday NOS Nieuwsuur, one of the main investigative news broadcasts in The Netherland dedicated an item on the growth of paid parking. This broadcast focused on the challenges municipalities are facing with paid parking. Parking fees are a powerful tool to create a balance between accessibility and quality of life in an urban environment. It directly impacts traffic and parking intensity. But residents often also feel it as limiting their freedom and mobility. This makes it a political sensitive subject. In many cities the introduction and expansion of paid parking has led to local protest, with some plans being cancelled or decided by a referendum.

The Nieuwsuur item also showed that that municipalities are budgeting increasingly higher parking revenues. Adjusted for inflation, there has been an average 14% increase in the last five years. This increase does differ over the country. In some areas the parking fees are still free or remained stable, resulting in a net decrease compared to inflation rates. In popular cities such as Amsterdam, or tourist destinations as the beach town of Zandvoort the increases have been the largest.

The growth of budgeted parking revenues can be linked to three factors. Firstly there are more areas with paid parking, with an increase from 540 square kilometers in 2018 to 660 in 2022. Secondly the parking tariffs themselves have been increasing with a reported 6% in the period 2018-2022 for in the main cities. Finally, car ownership has been increased by 4% per capita.

So there are therefore several variables that determine the budgeted parking revenues for municipalities. To help municipalities with parking policies Monit Data offers the Parking Monitor suite. The Parking Monitor offers data-driven insights into on- and off-street parking occupancy, revenues and audits, enforcement as well as tools for operational management.

To address the challenge municipalities face with introducing or changing paid parking policies the Parking Monitor has a tariff scenario module available. In this module you can create various scenarios by adjusting the areas with paid parking, various tariff schemes and the tariffs themselves. And thus you can easily simulate in advance the effect of different parking policies on your budgeted parking revenues.

Use paid parking as a powerful policy tool with the data-driven insights from Monit Data. Contact us for a demonstration of the Parking Monitor and the tariff scenario’s module.

Below are some links to the various recent news items on the increase of paid parking. Please note these are in Dutch language only.

• Broadcast on NOS Nieuwsuur: Link
• Accompanying article on NOS website: Link
• Discussion on BNR Nieuwradio: Link (scroll to 32:45)

About Monit Data

Monit Data provides parking data analytics services for municipalities and private operators. User-friendly dashboards give clear information on car, EV, and bicycle usage. Use data-driven insights for urban mobility policies and day-to-day operational management.