Here’s how much Boston parking meter rates would change under a new proposal

Under his 2020 budget proposal, Mayor Marty Walsh is looking to raise meter prices to at least $2 an hour.

–Pat Greenhouse / The Boston Globe

You may be paying more for a metered parking space in Boston come July.

Under his proposed 2020 fiscal year budget, Mayor Marty Walsh this week unveiled an investment package aimed at helping the city reach longterm transportation goals by 2030, including through parking rate hikes at the city’s 8,000 metered spaces.

At minimum, drivers would pay $2 per hour, up from the current standard rate of $1.25.

The new increases would take effect July 1 and are expected to bring in $5 million annually.

But exactly how far a couple of quarters will get you would vary depending on where you’re filling the meter.

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Walsh’s plan builds off of a two-year “performance parking” pilot in Back Bay and the Seaport, which officials say was successful in reducing double-parking and illegal parking in some of the city’s busiest neighborhoods, by 14 and 22 percent, respectively.

Officials anticipate the proposed increases would help further reduce congestion and lower emissions while making more parking spaces available in a similar way.

Here’s what’s being considered:

  • In the Seaport: Meters in high demand areas would set you back $3.75 an hour. Elsewhere, on an average block, rates would be $2 an hour.
  • In Fenway/Kenmore and Bullfinch Triangle: The city would set rates to $2.50 an hour for these two areas that have seen a rise in demand.
  • Other areas of Boston: Drivers heading to other neighborhoods — like the Financial District, South End, and Beacon Hill — would see the standard rate of $2 an hour. Residential neighborhoods where there aren’t any meters would not see a change in pricing, according to Walsh’s office.

Additional parts of Walsh’s budget proposal, which needs City Council approval, seek to pour $2 million into bike infrastructure; $8 million into the city’s “Walkable Streets” programs; and $8 million “to improve the state of good repair on the city’s bridges, roads, sidewalks and lane markings,” according to a statement.

“Investing in transportation that works for everyone — whether you walk, bike, take public transportation or drive — is our key goal as we continue to improve transportation in Boston,” Walsh said in the release. “Creating an equitable city with opportunity for all means ensuring residents can move easily and safely around Boston, and these new investments, from bike lanes to reconstructed sidewalks, will go a long way towards ensuring Boston’s streets and spaces [are] safe, reliable and accessible for all.”

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