Paid on-street parking is a profitable business for municipalities

A municipality can make good money on charging for on-street parking.Parking is a profitable business, which Enköping Municipality in Sweden is a good example of.
After a number of years when parking was free in Enköping, the municipality decided to install new on-street parking terminals in 2010. Since, Enköping Municipality has received around six million SEK in revenues. To this comes around 0.5 million SEK in fines.
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