SOUTH Australian Treasurer Jack Snelling last week announced the Government's Mid-Year Budget Review would include a new CBD parking levy to help fund transport projects such as park-and-ride facilities.
The Transport Development Levy (TDL) will see CBD car park owners charged $750 per year per car park and is expected to raise $25.7 million per year (indexed). While the TDL will not come into operation until 1 July 2014, works to begin the new park-and-ride facilities will begin immediately.
More than $21 million will be spent on new park-and-ride and passenger facilities at suburban Adelaide public transport interchanges in one of the first projects to benefit from the new levy.
"There are many parts of our public transport network which would benefit from improved park-and-rides and as part of the Mid-Year Budget Review we will look at where that needs to happen," Mr Snelling said.
Mr Snelling said the government had identified Paradise, Mount Barker and Clovelly Park (former Mitsubishi site on the Tonsley rail line) as the first likely sites for improved park-and-ride spots.
"We have already invested in improving park-and-ride facilities at Modbury, Klemzig and the tram terminus at The Entertainment Centre but if we want more people catching public transport more needs to be done," the Minister said.
"These are the first likely sites but more will be looked at to cater for demand and get more people catching public transport into Adelaide CBD.
"The TDL will reduce congestion within the CBD and recognises what it costs Government to upgrade the city's public transport system to make it easier for people to use public transport to commute to the Adelaide CBD," Mr Snelling said.
The TDL will apply to off-street and ticketed on-street car parks located within the Adelaide City Council area south of the River Torrens and the parkland side of Hackney Road, Dequetteville Terrace, Greenhill Road, the train line bordering the west parklands and Port Road.
The TDL will apply to public car parks, car parks that are leased out on a short-term or long term basis, privately owned car parks that are subject to Fringe Benefits Tax (FBT) and on-street ticketed car parks.
Residential car parks, non-chargeable privately owned car parks not subject to FBT (primarily customer and client parking provided on a business premises) and disabled parks will not be subject to the TDL. The TDL will also not apply in North Adelaide.
A number of other exemptions from the TDL will also be available, including emergency vehicle parking and special events car parking including occasional car parking within the parklands.
Car park owners will be required to lodge an annual return with RevenueSA providing details of car parks held as at 30 June of the previous financial year.
Mr Snelling said the government would continue to look at other transport improvements, such as initiatives that improve passenger loading and encourage walking and cycling, that could be funded from the new TDL.