The City's primary aim with this proposal is to facilitate better access to Lake Merritt, not raise money. Implementing these meters would produce revenue, however, and as with all metering revenues Citywide, the City Council would have discretion over how to spend them. Staff heard significant community support for using revenues on increased parks programming and maintenance, and will be making that recommendation to the City Council, suggesting also that they be used to support fee-free debit cards for Oakland's unbanked and underbanked residents to use the meters without additional charges, as well as supporting other efforts to provide mobility access.
In the summer of 2022, City Council adopted Resolution 89277 CMS, directing "the City Administrator to allocate the net revenues generated by the Lake Merritt Parking Management Plan as follows: 2% toward discounted transportation access and a vending program, 25% toward parking maintenance citywide, 30% toward an expanded Park Steward Program and 20% toward traffic safety improvements at the lake and adjacent to other parks citywide."