Downtown Parking Study Committee Meeting #5 FeeinLieu July 2, 2019 - - PowerPoint PPT Presentation

Committee Meeting #5

July 2, 2019 Hood River City Hall

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Downtown Parking Study

Fee‐in‐Lieu + Existing Conditions

Agenda

• 1. Introductions
• 2. Approve Meeting #4 Notes

Rick Williams

• 3. Fee‐in‐Lieu (WP #5)

Rick Williams

• 4. Preview: Existing Conditions (WP #6)

Pete Collins

• 5. Update: Public Outreach

Rick Williams

• 6. Next Steps
• July 9, 2019 Open House
• August 6, 2019 Ad Hoc Committee

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Approve Meeting #4 Notes

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Refer to Handout

Fee‐in‐Lieu

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Refer to Handout

Fee‐in‐Lieu

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Key Purpose

Fees‐in‐lieu allows a new or intensified development to buy out of a requirement to provide a minimum number of parking stalls. Fees paid by the developer are used by the City to fund development of new public parking facilities.

A fee‐in‐lieu rate is generally set at a level less than the cost for a developer to provide on‐site parking. Fees‐in‐lieu are generally calibrated to the level of commitment the City makes to the payer for access to an off‐site parking supply: an “entitlement” to parking access.

Fee‐in‐Lieu

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Benefits

• Encourages developers to consider

“right sizing” their parking supply.

• Encourages developers to explore

shared‐use opportunities in reasonable proximity to their development site.

• Can reduce development costs, making

projects more feasible.

• Provides a revenue source that the City

can invest in a consolidated parking development plan.

Fee‐in‐Lieu

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Current Program 2019/2020 Fee Schedule

Type of Use Fee‐in‐lieu Residential $22,088 per space (first 2/3rd) + $2,142 per space (last 1/3rd) Commercial $1,226 per space Industrial $1,226 per space

• Appears to favor commercial/industrial?
• Would suggest disincentive to residential?
• Would suggest plan for other funds to

accommodate new supply for commercial/industrial?

Per 17.024.010 B, the City directs funds collected from fee‐in‐ lieu payments to be deposited “in a dedicated fund for the development and provision of public parking facilities.”

Fee‐in‐Lieu

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Case Studies

Bend, OR: $26,000/per stall. The fee goes into a fund designated “only for the planning, acquisition, development, and maintenance of

• ff‐street parking facilitates located in and/or

adjacent to the CBD.” Corvallis, OR: $10,560/per stall. Funds to be used by the City to construct publicly available parking

• spaces. “It should be recognized that Fee‐in‐Lieu

Parking Program fees may construct spaces that do not directly serve the parcels from which the fee was collected.” Tualatin, OR: $3,500 per stall required. Tualatin’s fee‐in‐lieu program (Chapter 3.3) only applies to the Central Business District.

Fee‐in‐Lieu

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Hood River: Issues to Consider

• Clarity on the strategic intent for use
• f the fees collected. City role and

responsibility.

• Are there expectations of an access

entitlement that may or may not be granted to fee payers?

• A consistent and market‐based

methodology for calculating fees.

• Planning for use of fees collected with
• ther funding sources to support new

supply.

Existing Conditions

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Refer to White Paper #6

Publicly Owned Supply

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Financial History

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• Gross revenue between $600,000 and $700,000 annually between FY 2010/11 and FY 2015/16.
• Revenue has shown a strong upward trend to FY 2016/17, exceeding $900,000.
• Revenues dropped slightly to just under $900,000 in FY 2017/2018 (the last fully completed fiscal

year).

• Expense growth has been constant (within normal growth range).

Revenue History

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70% 19% 11% 0% 0% Meters Enforcement Monthly Permits Work Permits Misc

Program Revenue (2010‐2018) Average Annual Percentage Meters $4,019,044 $502,380 70.0% Enforcement $1,066,796 $133,349 18.6% Monthly Permits $611,413 $76,426 10.6% Work Permits $24,154 $3,019 0.4% Misc. $22,744 $2,843 0.4% Total $5,744,152 $718,019

Expense History

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67% 15% 9% 5% 4% 0% Salary & Wages Office Operations Infrastructure Contract services Bank Fees Misc

Program Expenditures (2010‐2018) Average Annual Percentage Salary & Wages $1,450,346 $181,293 67.0% Office Operations $317,780 $39,722 14.7% Infrastructure $188,156 $23,519 8.7% Contract Services $105,657 $13,207 4.9% Bank Fees $99,615 $12,451 4.6% Misc. $2,721 $340 0.1% Total $2,164,277 $270,534

Existing Conditions

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• The parking system generates surplus

revenue over expenses.

• Based on the past eight years, the

downtown parking system has generated net revenues of $3,579,875; about $447,484 each year.

• The system is netting approximately $478

per stall per year, or $39.84 per stall per month.

• How all or a portion of future net

revenues are allocated back into the City’s financial program should be discussed.

Key Findings ‐ Financial

Existing Conditions

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• Payment Technology ‐ 72% of pay‐to‐park stalls

are coin only. This puts users at risk of receiving a citation or shortening their visit (and spending

• pportunity) in the downtown.
• Wayfinding. It is difficult to determine where off‐

street parking options are available.

• Lot identification. Individual City‐owned lots are

not visually identified with a common brand and/or lot identifier.

• Pricing. It does not appear at this time that on‐ or
• ff‐street pricing is tied to parking demand.
• Financial reporting. Revenue/expenditure

reporting for enforcement wages and salary (expense) and citations issued (revenue) should be called out as separate line items.

General Observations

Existing Conditions

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• Strategy Development – Couple 2018 data with

Guiding Principles and observations of existing conditions to propose management strategies.

 Policy/Code Development. Propose revisions to policy and code to ensure efficient parking system and supportive development environment.  Financial System. Propose revisions to financial reporting to support future decision‐making.  Pricing. Propose policy and procedure for setting and managing rates (on‐street, off‐ street, permits).  New technologies/communications systems. Propose best practice systems to support all strategies.

What’s Next?

Next Steps

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• Meeting #6: August 1, 2019
• Existing Conditions Detail
• New Technologies (WP #7)
• Public Outreach Update
• What more would the

Committee like to see?

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THANK YOU!