Who gives a damn if the city "loses money" on parking?
I had to delete a few versions of this comment because I got dizzy with anger.
What is wrong with people thinking government should make net profit on fees from every individual service?
Perhaps transit and parking charge nominal fees to ensure the users of said services aren't abusing a limited resource. But the cost of operating city services should ultimately come from taxes.
A city should not have the profit expectations of a publicly traded company.