By Edna Mwende
Parking rates in Nairobi are set to double to Ksh400 if Members of the County Assembly (MCAs) adopt a proposal that will reverse last year’s move to reduce the rates.
According to the Business Daily, City Hall said that the proposed rise is aimed at reversing the drop in Nairobi County’s revenues and geared towards decongesting the Central Business District (CBD) adding that traffic jam is costing the city an estimated Ksh37 billion in fuel.
“The reduction in parking fees for street parking fees was the cornerstone of the amendments last year and has drastically reduced revenue collections from daily parking and increased congestion within the CBD,” said City Hall as quoted by the Business Daily.
Parking fees for non-commercial buses and lorries will be Ksh1,000 and Ksh3,000 for trucks in the CBD. Those paying monthly and yearly tickets will pay Ksh7,000 and Ksh55,000 respectively.
The increased charges come after MCAs shot down similar proposals last September and instead slashed it to Ksh200.
The proposal will also see parking charges of Ksh200 introduced in residential areas with motorists paying Ksh300 at shopping and business hubs.
The hubs include Upper Hill, Community, Westlands, Yaya Centre, Eastleigh, Industrial Area, Karen, Gigiri, Ngara and Hurlingham.
The fees are the biggest source of revenue for City Hall as it collects Ksh2 billion every year. The county collected an estimated Ksh10 billion in internal revenue against a target of Ksh15 billion whereby last year’s collection was Ksh10.1 billion.
The increasing in parking fees is expected to help City Hall boost its revenue collection which they have struggled with. The move will however make life harder for city motorists who are struggling with increased fuel costs.
The local daily’s also reported that raising the fees to Ksh400 goes against Sonko’s promise to reduce the them by half, that is from Ksh300 to Ksh150.