Quote:
Originally Posted by michael_atw
Traffic is down, so they raise prices. Traffic goes down more.
That's basically economics on the macro as well on all points.
|
FYI, It's not that traffic count is down, It's based on the number of cars trying to park in every lot in town, particularly those located at our main beach lots. We actually turn vehicles away at times. The revenue from the paring lots continues to increase. Last year alone brought a 20 % increase in revenue which exceeded 2.0 million dollars. There are beach on the cape in MA that charge in access of $50.00 for the day and just last year two lots at Hampton Beach in NH were charging $50.00 per day to park. Thanks for your business causing our tax rate to be the second lowest in the state at $7.58 per thousand.