Cooperstown looking at parking meters for additional revenue
COOPERSTOWN, N.Y. (WKTV) - The Village of Cooperstown is taking control of its own financial destiny and the mayor hopes to have paid parking along the main drag by springtime.
Mayor Jeff Katz says the village is currently looking at a prospective parking meter model that will take quarters, dollar bills and credit cards. The move is to help the village generate more income from its many visitors. He says that of the $30 million in county sales tax that is generated in Otsego County, Cooperstown only receives one percent. The village receives none of the county's "bed tax" revenue, he added.
"A lot of people make money off of Cooperstown and that's fine," Mayor Katz said. "The village government is responsible for all of the infrastructure. Paid parking makes the best of the resources we have."
Paid parking at the Doubleday Field lot brought in $125,000 last year. The mayor hopes the new parking meters will bring in $250,000 a year.
The meters would serve roughly 12-13 spots, whereas the old meters could one serve one spot. Residents and those who visit the village frequently could purchase parking permits in order to avoid the meters.
Katz says the parking meter that the village is currently looking at is solar powered.