FY2022

Parking Debt Service Parking debt service consists of principal and interest payments on parking revenue bonds and the Harrison Street lease-purchase agreement, which are repaid with parking revenue. HIGHLIGHTS • Completed seventh year of First Hour Free resulting 843,800 hours of free parking. This is a 25% decrease from fiscal year 2019 which is attributed to the pandemic • Provided free parking March 23 rd through May 17 th , 2020 to assist essential workers • There were 184,934 total digital parking transactions using the Passport app totaling revenue of $352,528 – a 16% decrease over fiscal year 2019 Recent Accomplishments:

Upcoming Challenges: • Parking facilities continue to age and require maintenance and rehabilitation • Parking revenues losses due to COVID- 19 pandemic • Accommodating commercial deliveries in an evolving downtown environment • Rehabilitation and expansion of bike parking downtown • Bringing bikeshare online

• Implemented protocols for providing safe essential parking services during the COVID-19 pandemic • Established 42 temporary “10 Minute Pick Up/Drop Off” parking spaces in the CBD to support downtown businesses during the pandemic • Installed Electric Vehicle Charging stations at all parking facilities

Staffing:

FY2020

FY2021

FY2022

Total FTE’s

19.63

21.38

21.38

Staffing Level Change Summary: There are no staffing level changes in the fiscal year 2022 budget. Service Level Change Summary: There are no service level changes included in the fiscal year 2022 budget. Financial Highlights: In Parking Administration, Services expenditures increased by 8.8% in fiscal year 2022 primarily due to an increase in both ITS and administrative chargebacks.

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