Public Parking System Fund

Transcription

1 Public Parking System Fund M-1

2 Fund 503- PUBLIC PARKING SYSTEM Budget Resources by Classification: Total $900,663 Misc. 6% Use of Money/ Property 0.4% Fund Balance Fwd 13% Charges for Service 80.6% RECEIPTS 2002 Actual Adopted Budget Meter $ 330,819 $ 330,000 $ 330,000 $ 355,000 Overtime Parking 245, , , ,000 Riverfront Garage 89,216 75,000 75,000 75,000 9th & New Hampshire Garage 13,188 10,000 10,000 10,000 Interest on Investments 8,387 4,000 4,000 4,000 Lease Payment 1, Miscellaneous 79,982 5,000 40,000 40,000 TOTAL RECEIPTS 767, , , ,000 Balance, January 1 228, , , ,663 TOTAL RESOURCES AVAILABLE $ 996,181 $ 858,082 $ 933,858 $ 900,663 Revenue Sources - Descriptions and Trends Revenue Source- The Public Parking Fund is an Enterprise Fund for the City, and is used to account for the operations that are financed and operated in a manner similar to private business enterprises - where the intent of the governing body is that the costs of providing services (operation of all parking facilities owned by the City) to the general public on a continuing basis is financed or recovered primarily through user charges. The primary revenue source for this Fund is parking meter receipts, followed by revenue from overtime parking citations. The City's two garages (Riverfront and 9th/New Hampshire) both collect fees from parking permits and collection boxes. The City Commission voted to raise fines for overtime parking in. Trends- the 9th/New Hampshire parking garage was completed in 2002 and serves the new Arts center and the central downtown area. Projections for increased revenue are based on an assumption of increased use as additional retail and residential projects in the vicinity are completed. A review of system-wide parking rates is recommended for to assure adequate maintenance and operation support for the system. M-3

3 Fund 503- PUBLIC PARKING SYSTEM Budget Expenditures by Category: Total $883,045 Transfers Out 5.66% Commodities 7.36% Contractual Services 13.19% Personal Services 69.25% EXPENDITURES 2002 Actual Adopted Budget Personal Services $ 511,957 $ 543,695 $ 543,695 $ 611,545 Contractual Services 131, , , ,500 Commodities 85,647 74,500 74,500 65,000 Capital Outlay 2,206 25,000 25,000 - Debt Service Transfer - 50,000 50,000 50,000 Contingency - 15,000 15,000 40,000 TOTAL EXPENDITURES 731, , , ,045 FUND BALANCE FORWARD $ 264,858 $ 30,887 $ 106,663 $ 17,618 Expenditures - Descriptions and Trends Personal Services- Cost of wages, salaries, retirement, and other fringe benefits for City employees and to some extent, part-time, seasonal staff. Increases in are due to projected merit increases for eligible employees. Additionally, the City's share of the per employee health care costs have increased for. This Fund provides the funding for staff from four separate departments involved in the public parking operations. Police: police officers, parking control officers, and a parking control technician; Public works: maintenance worker; Legal Services: court clerks; Parks & Recreation: parttime seasonal employees. M-3

4 PUBLIC PARKING SYSTEM FUND PARKING CONTROL ACCOUNT DEPARTMENT / DIVISION SPENDING SUMMARY EXPENDITURES 2002 Actual Adopted Estimate Budget Personal Services $ 511,957 $ 543,695 $ 543,695 $ 611,545 Contractual Services 131, , , ,500 Commodities 85,647 74,500 74,500 65,000 Capital Outlay 2,206 25,000 25,000 - Debt Service Transfers - 50,000 50,000 50,000 Contingency - 15,000 15,000 40,000 Total $ 731,323 $ 827,195 $ 827,195 $ 883,045 DEPARTMENT / DIVISION PERSONNEL SUMMARY PERSONNEL 2001 Actual 2002 Adopted 2002 Estimate Budget Authorized Positions DEPARTMENT / DIVISION ORGANIZATIONAL CHART Parking Control Officer (5) Parking Control Technician Maintenance Worker II Police Officer (3) Court Clerk II (3) Summer Laborer * Shading indicates positions funded from this account. M-5

5 PURPOSE AND MISSION OF THE DEPARTMENT / DIVISION The Public Parking Division is charged with the responsibility of enforcing parking regulations and meter time limits in the Central Business District to provide adequate parking turnover in the downtown area. The parking meter program includes meter and zone enforcement, meter maintenance, meter collections and debt service. In conjunction with the Public Works and Parks and Recreation Departments, the division maintains existing lots and landscapes the arcades and planters along Massachusetts Street. This division also maintains the Riverfront Garage as well as the New Hampshire Parking Garage. Revenues from the garage are used to finance operations and make transfers to the parking reserve fund to finance maintenance and improvements in the overall public parking system. Significant Issues for - The increase in Personal Services can be attributed to merit increases for eligible employees and increased costs for employee health care coverage. CURRENT YEAR ACCOMPLISHMENTS Provided janitorial, repair, landscaping, and maintenance services for parking lots owned and operated by the City of Lawrence. Moved operations to parking garage at 9th and New Hampshire. Installed new digital parking meters. MAJOR GOALS AND OBJECTIVES FOR 1. To provide efficient and effective enforcement of meter and lot violations. 2. To provide adequate public parking downtown. 3. To optimize use of all city operated parking facilities, maximizing revenue. 4. To maintain public garages and parking areas that are aesthetically pleasing, clean, and safe. 5. To increase meter violation fine collection by sending mailers bi-weekly instead of monthly. 6. To increase the use of the credit card payment option. PERFORMANCE INDICATORS Actual Actual Number of Overtime Parking Meter Projected Citations Issued 114, , ,000 M-5