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Wow, that's nuts. I've been putting together a paper on the budgetary effects of driverless cars, but I haven't looked at LA yet - if that's their overall budge
by ameister14 10y ago
Wow, that's nuts. I've been putting together a paper on the budgetary effects of driverless cars, but I haven't looked at LA yet - if that's their overall budget and they match a range of numbers with cities like Boston, DC and NY for traffic and parking violations, they're going to get hit HARD.
[edit] just with a quick overview of parking alone, they're looking at a 3-5% drop in revenue with total adoption - I'll look into it more but if traffic/vehicle violations make up the normal percentage of 'licenses, permits, fines and fees' it'll be up to 10%.