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Use of Parkmoble App cuts into Village of Ridgewood’s Parking Revenue

parkmobile_meter

October 26,2017

the staff of The Ridgewood Blog

Ridgewood NJ, Proving once again the old adage that there’s no such thing as a free lunch, Village CFO Robert G. Rooney just revealed that revenue reports from the Village’s Parking Utility indicate usage of the Parkmobile app within Ridgewood resulted in approximately $200k in the form of an annual commission being paid to Parkmobile, Inc.

That $200k could have been retained by Village if cash had been used in parking meters instead of parking fees having been paid by app/phone.

Parkmobile was introduced for use in Ridgewood during May of 2015.  It was touted by then Village Manager, Roberta Sonenfeld as offering an alternative method of providing payment for parking.