In entertainment and shopping districts such as Hollywood, meters would operate until midnight Fridays and Saturdays, and from 11 a.m. to 8 p.m. Sundays.
Bruce Gillman, a spokesman for the Los Angeles Department of Transportation, said the extended hours and higher rates were expected to net the city an additional $18 million annually, nearly doubling the revenue it now receives from meters. The department will need about three months to implement the changes at the city’s 40,000 or so parking meters, he said.
Los Angeles has not increased its parking meter rates in 17 years, Gillman said. Compared with other cities, he said, Los Angeles has among the lowest rates in the nation.
In Pasadena, almost all parking meters cost $1.25 an hour. Santa Monica charges 75 cents an hour citywide and $1 an hour for its downtown business district, where meters operate until 2 a.m.
