See this article on The Lens about city budget and tax implications.
The city lost a source of revenue recently when the mayor and council agreed – again, apparently in private – to drop an increase in taxes paid by parking-lot owners.
Stupid… You want a 21 Century City? Cars aren’t 21st Century. Make the Parking Lot Owners pay taxes they will raise their rates to compensate. Some people may change their mind about needing to take a CAR to downtown. The city can’t really be afraid that FEWER people will choose to shop downtown because of increasing fees by Parking Lot owners? Really? All the people who don’t shop downtown because of Parking are already NOT shopping downtown.