Advancing Urban Governance In The Digital Era: From Classical Statistics To Lstm Deep Learning For Parking Revenue Prediction
Keywords:
digital urban governance, parking revenue prediction, classical statistics, LSTM deep learningAbstract
Regional autonomy in Indonesia has increased the responsibility of local governments to enhance public welfare through optimized local revenue. Parking retribution, particularly from on-street parking, serves as an important source of income for Karanganyar Regency, a densely populated and tourism-oriented area with high potential. However, unregulated parking, inconsistent fee collection, and reliance on manual forecasting have resulted in suboptimal revenue outcomes. Existing methods remain limited, depending on simple calculations or linear projections without utilizing modern computational tools. This study compares classical statistical forecasting and Long Short-Term Memory (LSTM) deep learning models to predict parking revenue in Karanganyar Regency. The results show that classical methods capture general trends, while LSTM provides higher accuracy and robustness in handling nonlinear and temporal data. The study highlights the importance of advanced machine learning as a digital governance instrument to improve transparency, optimize revenue management, and support data-driven urban policymaking.
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