The police allege that he got away with $60,712.70 in cash.
He's also blamed for $84,353 in damage to the parking meters.
Today at Christchurch District Court, Davie pleaded guilty to the charge of theft.
But while Davie admits the "majority" thefts, he disputes the total number and therefore the amounts involved.
Judge Brian Callaghan remanded him to a disputed facts hearing on August 19 before he is sentenced on September 12.
When police caught up with him, 12 parking meter coin tins were found at his house.
He told officers he had a severe Ritalin, methamphetamine and gambling addictions.