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‘Surge pricing' approved for Milwaukee metered parking

Posted at 4:15 PM, Sep 25, 2018
and last updated 2018-09-26 16:15:49-04

Get ready to pay a premium for parking in some parts of Milwaukee. 

The common council approved “surge pricing”  in some parts of the city and it will raise rates all over by a vote of 9-5. 

The top hourly meter rate of 50 cents will go up to $2 per hour. It would also expand meter hours to 9 p.m. and add Saturdays. 

The “surge pricing” will apply to spots near special events.  For example, rates could be raised around Fiserv Forum during a basketball game or in the Third Ward on busy days. 

Mayor Tom Barrett is expected to sign the measure. Estimates say the changes would add $1.9 million to the city’s parking budget.