It is a misperception that the proposed program creates a new policy to subsidize employee parking. Under our current parking regulations, approximately 185 free all-day spaces are provided on our streets, concentrated in two neighborhoods and utilized almost entirely by employees (mostly in the Tree Streets as well as Witherspoon-Jackson). This is truly subsidized employee parking. The proposed new plan, which is entirely self-funding, puts the onus on employers to fund the employee parking which is currently provided for free. The permit parking proposal does not create, but rather removes existing parking subsidies.