The City Of LA and The Law of Diminishing Returns

Parking In City of LAIt has finally happened, and the City of LA still does not get it!  The simple economic law of diminishing returns.  Our city, which has no idea what a limited budget means, thinks that they can continue to raise “fees” to cover their excesses.  Yet, as pointed out in this article, despite much more efficient collection techniques, the number of tickets written has dropped from 3.5 million in 2003 to the current 2.5 million in 2011. 

That’s The Ticket (LA Daily News Article May 19, 2012)

It should not take a rocket scientist to figure out the reason.  Tickets in 2003 were much less expensive, my memory is that a typical street sweeping ticket was in the $30 range.  The current $68+ dollar ticket cuts deeply into the typical Angelenos pocket. 

The original purpose of parking tickets was to provide parking control for various purposes.  They were not intended to be a revenue source for the city.  This defacto tax has increasingly accomplished it’s original purpose.  Drivers (myself included) are much more careful not to violate parking restrictions due to the ever more costly penalties of breaking the law.  Thus, much less opportunity for parking officers to issue tickets! And presto chango, despite attempts by the city to increase ticket revenues, the actual amount collected will fall.

A clear thinking person would realize, raising fees, and increasing the number parking enforcement officers will not significantly increase revenues.  The deterrent factor will be increased and force drivers into more carefully following the rules.  And in the process create a more stressful living environment for the inhabitants of our fair city.  It is hard to comprehend more officers on the streets in my Sherman Oaks Neighborhood.  As the old saying goes, you already “can’t swing a stick without hitting at least one parking enforcement officer.”  This applies to the streets around my home, my business and all the local neighborhoods I fruquent.

In watching a 1968 episode of Dragnet (the Neighbor), Sgt. Gannon is complaining about receiving a parking ticket.  Sgt Friday tells Gannon to stop complaining and pay the $2 fine.  Figuring for inflation that $2 ticket should cost about $13.31, not the approximately $60 it is today.  What would Friday say about that $68 ticket today?

 

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About Blair Thompson

Blair Thompson has been selling homes throughout the Los Angeles Area centering on Sherman Oaks and the San Fernando Valley for 20 years. Working with sellers and buyers on the first time condo right up to the Multi-Million Dollar Estate he has experience with most any situation. His business is based on refferals past clients, friends and business associates he prides himself on his high level of service and extremely high customer satisfaction. Using a high service hands on approach he consistently gets the highest value possible for his home selling clients and insures that his buyer clients get the home of their dreams. In the rapidly changing field of real estate sales, Blair prides himself on keeping pace with technology and the best and newest ways to conduct business from electronic signatures, automated listing information, to the multitude of ways to communicate via text, email, facebook or email. He still values the old fashioned morals and ethics to earn repeat business

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