Columbia sees more than 50% jump in parking revenue after raising rates

COLUMBIA, Mo. (KMIZ)

Columbia’s parking revenue is up substantially in the first six months of this year after the city raised parking rates in January.

On-street parking rates increased to a $1 an hour on during the first week of January and has resulted in a 50.4% gain in revenue compared to the same time period last year, according to information that was obtained to a records request with the city’s Public Works Department.

Meter parking revenue collected from Jan. 6-June 1 of this year totals $727,886.02, compared to the $483,906.73 that was collected from Jan. 6, 2025-June 1, 2025.

Previous reporting shows the rate adjustment this year was the first since 2013.

The overall increase follows a similar trend that was seen earlier this year, when the city saw a 12% jump during January.