FY2022

Long-term Projections:

Future revenues for the Parking Fund are projected to be relatively flat over the next five years, with no projected rate increases. This assumes that revenues will return to normal in 2022 once the impact of the COVID-19 pandemic subsides. Future expenditures were projected with the assumptions that personnel related expenditures would grow at a 3% rate annually and services and supplies would grow at a 2% rate annually. The Parking Fund has a structural surplus in its operations to allow for future potential growth in the system’s parking supply.

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