FINAL ADOPTED BUDGET FY2022-23

PARKING FACILITIES OPERATING FUND

Departmental Objectives  Build and Sustain a Safety Culture.

 Focus on the future by providing professional growth opportunities.  Document, review, and update key internal and external processes.  Engage in collaborative planning.  Identify and fund smart city technologies, projects, and approaches.  Coordinate data collection, sharing, and maintenance.  Implement the Vision Zero Action Plan.  Engage stakeholders to tell our story, educate, and inform.  Create holistic multi-modal programs, policies, and plans.

Performance Measures

Adopted 2022-23

Actual

Budget 2021-22

Projected 2023-24

2020-21

Workload Measures  Number of tickets issued in CBD  Number of tickets issued outside of CBD

12,600 9,600

3,072 6,438

12,600 8,400

13,000 9,600

Efficiency Measures  Percent of parking facilities utilized by monthly parkers  Average cost per City-owned space (does not include enforcement)  Percent Parking Operations cost recovery from parking revenue  Percent ticket appeals completed within five days

40% $814 39% 72%

44% $261 90% 94%

55% $583 51% 70%

42% $802 42% 75%

Effectiveness Measures  Percent of parking meters repaired within 48 hours  Percent of tickets appealed vs. issued (yearly)

85%

76%

85%

88%

4%

4%

4%

4%

Budget Highlights: The FY 22-23 Adopted Budget is increasing by $2,688,296, or 59.0%.

 A part-time Parking Attendant position was reclassified mid-year to full-time and includes an additional .375 FTE.  The budget includes a general parking rate increase from $100 to $107 and reserved parking rate increase from $130 to $139, effective January 1, 2023.  The Eugene Street Deck opened in March 2021 providing 948 additional spaces for the north Eugene Street area.  A second new deck is under construction on February One Street as part of the Westin hotel development.  Financial support for the long-term debt service costs associated with these new assets will require approximately $3.6 million in General Fund contributions to the Parking Fund beginning in FY 22-23.

Adopted 2022-23 Budget

105