Over 25,000 Public Service Vehicles (PSVs) from 444 Saccos in Nairobi County have been targeted to contribute Ksh1.8 billion in parking fees.
As outlined in the Nairobi City County Fiscal Strategy paper 2023 released on March 26, the county government is looking to raise the parking fees collected by the county from Ksh1.87 billion to Ksh3 billion.
"The highest collection from this stream was Ksh2.03 billion realized in FY 2015/16. The medium-term projections depict an increase to Ksh3 billion starting from the FY 2023/24, from the latest collection of Ksh1.87 billion achieved in FY 2021/2022," read part of the report.
In the strategy, the county government aims to utilise all parking areas to increase the revenue collected which will be essential in running key county operations.
The collection of Ksh1.8 billion from PSVs is one of the nine plans the government will implement to achieve this goal.
"Ensure collection of 444 Saccos and collect Ksh1.8 billion from 25,000 PSVs at an average fee of Ksh6,000 per month," read part of the report.
Another measure the county wants to implement is to set targets for all street attendants and enforcers for all 12,000 parking slots countywide and collect Ksh691.2 million.
Additionally, the county will enhance supervision at off-street and country buses and collect Ksh43.2 million and Ksh36 million respectively.
The county will also enhance compliance through clamp towing. This will necessitate the driver to pay a fine for failing to pay the parking fee on time.
Also, the county is eyeing 3,000 motorists to collect Ksh120 million in private seasonal tickets each month. These tickets give the holder access to the park at one lot for a specified time frame.
Part of the 9-point plan is to automate the collection at Sunken and country bus stations. The county will also follow up on loading zone arrears for parking bays occupied by government institutions.
Another plan is to target 3,000 PSVs terminating outside the Nairobi Central Business District (CBD). Through this, the county is expected to collect Ksh108 million.
Conclusively, the county will also ensure collection from 1,000 loading zones and collect Ksh220 million.
This strategy may be met with resistance from Nairobi motorists who have in the past raised concerns over the high parking fees in the city.
In October 2023, Nairobi Governor Johnson Sakaja signed the County Finance Act 2023 which called for an increase in parking fees. The fees were increased by more than 50 per cent.
