Prices are rising at about 50 of Toronto’s “Green P” parking lots, while on-street metered fees will probably go up soon as well.

Toronto Parking Authority president Lorne Persiko said Wednesday that the TPA board voted in favour of the hikes at a July 30 meeting.

Persiko said a full list of the changes won’t be available until next week. As an example, he said prices at the city hall garage are going from $2.50 to $2.75 per half-hour, and from $270 to $280 for monthly passes.

The hikes, to start coming into effect Sept. 8, will generate between $2 million and $2.5 million per year for the parking authority, he said.

Last year, TPA earned gross revenues of $129 million and gave $44,345,000 of that to the city treasury.

The hike for short-term parking at off-street lots is to offset inflation, Persiko said, while monthly rates are being increased to discourage purchase of those passes.

“Our target users are short-term parkers — we want people to be able to visit the stores and to do it affordably, and we have to make spaces available” if too many are being taken up by long-term users, he said.

Persiko said his agency will be talking to councillors this fall about recommended increases in some metered on-street spots. Unlike with off-street pricing, city council has final approval over any changes in the cost of on-street parking.

Wheel deals

Lots TPA operates: 160

Number of lots in garages: 20

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Total spaces in those lots: 20,000

On-street parking spots: 17,500

Current cost for metered on-street spots: $1.50, $2.25, $3.00 or $4.00 per hour depending on location

Source: Toronto Parking Authority