BERKELEY -- Residents will pay 60 percent more for street parking permits under a plan going before the City Council Tuesday evening.

The city plans to raise the rates for the yearly permit from $34.50 to $55. A hearing on the matter is scheduled at the 7 p.m. meeting in Council chambers, 2134 Martin Luther King Jr. Way.

The rates were raised in 2010 by 15 percent from $30 to $34.50.

Oakland residents currently pay $35 a year for their permits.

The city raises about $2 million a year from selling permits and from writing the tickets to those without them, but that doesn't cover costs and it's running a $410,000 deficit, according to a report on the issue.

Not all Berkeley neighborhoods require the permits. The program was designed to protect high-density areas from an influx of nonresident cars and traffic and allow residents an easier shot at finding parking on the street near their homes.

Doug Oakley covers Berkeley. Contact him at 510-843-1408. Follow him at Twitter.com/douglasoakley.