scholarsmateqxf7
scholarsmateqxf7 t1_iwzy3co wrote
Reply to comment by Ok-Difference-8696 in where does all the money from parking tickets go? by Ok-Difference-8696
The budget is public, yes, I'm sure it's on the website but I'm not at my computer rn to find it. Again, it's GF, so you won't be able to say "the parking money went to education," it gets boiled into one big money soup that gets split up into budget items regardless of where the dollars originally came from.
Luxury tax is what you pay every year if you own a car, RV, jet ski, etc, you also may pay it for individual consumer goods like tampons (🙄) or champagne.
scholarsmateqxf7 t1_iwzvss9 wrote
Reply to comment by Ok-Difference-8696 in where does all the money from parking tickets go? by Ok-Difference-8696
GF is the "one big pot" that taxes and other income gets dumped into when it doesn't already have a purpose. So if the city gets a chunk of federal or state money that can only be spent on police or sidewalks (typically through a grant), that stays separate, but taxes like property, luxury, sales, etc gets put in the GF where the mayor proposes a budget that the council approves and goes to things like police and sometimes other stuff
scholarsmateqxf7 t1_iwzu6we wrote
The money goes into a specific fund to support parking enforcement and meters. Every year they appropriate the leftovers into the General Fund where it gets budgeted with all the other taxes
scholarsmateqxf7 t1_iwzzyob wrote
Reply to comment by Ok-Difference-8696 in where does all the money from parking tickets go? by Ok-Difference-8696
Funds like that typically get appropriated individually and without much fanfare. The budget MAY have a record or list of GF sources, but I haven't seen it so can't confirm. I know the parking fund is in the 5m range I believe?
Yes, tampons have historically been taxed as luxuries, along with a number of other feminine hygiene or just women-marketed products. Very cool and normal!