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๐Ÿ‡ฎ๐Ÿ‡ฑ Israel /Economy & Trade

Tel Aviv municipal parking fees to rise 20% starting August 1

From Jerusalem Post · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Tel Aviv will increase parking fees by 20% starting August 1 due to rising operating costs.
  • While residents will retain discounted rates, hourly and evening parking costs will rise for both residents and non-residents.
  • The municipality stated the new rates remain competitive compared to private facilities.

The Tel Aviv-Jaffa Municipality is set to implement a 20% increase in parking fees at municipal facilities, effective August 1. This adjustment is attributed to escalating operating and maintenance expenses, including wages, security, cleaning, electricity, municipal taxes, and IT costs.

While Tel Aviv residents will continue to benefit from discounted rates and preferential parking arrangements, the hourly and evening parking charges will see a notable rise. For residents, the hourly rate will increase from NIS 5 to NIS 6, and the evening parking rate will go from NIS 7.50 to NIS 9. Non-residents will face higher charges, with hourly rates climbing from NIS 20 to NIS 24, and evening parking increasing from NIS 30 to NIS 36.

Specific parking facilities like Basel, Tel Nordau, Bnei Dan, Chen Boulevard, and Gordon will see changes in their discounted evening arrangements. The resident discount at these locations will be reduced from 75% to 50%, and the discounted evening period will begin later at 9 p.m. instead of 7 p.m. The Carmel 2 parking facility will maintain its current payment rules.

Additionally, a new provision will be introduced later, stipulating that vehicles parked for over 96 consecutive hours will lose their discounted rate and be charged the full price. The municipality and its wholly-owned parking company, Ahuzot HaHof, emphasized that despite the increases, the revised prices will still be lower than those charged by nearby private parking facilities.

DistantNews Editorial

Originally published by Jerusalem Post. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.