- Associated Press - Sunday, March 12, 2017

OXFORD, Miss. (AP) - Oxford is seeing a revenue boost because it increased the cost for parking at meters.

The Oxford Eagle reports (https://bit.ly/2naKFMW ) the Board of Aldermen approved the 25-cents-an-hour increase in late 2016, and the higher price started the first week of January.

The board also extended the hours paid parking is enforced, ending at midnight instead of 10 p.m. Monday through Saturday. The starting time remained at 10 a.m.

Parking director Matt Davis says that in October, during the height of football season, the average weekly revenue from meters was about $12,000, with the highest week at $13,688.

Since increasing the fee and changing the hours, the city is collecting about $15,000 a week from the meters. The peak was $16,691.

The money will help fund construction of a parking garage.



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