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Fiscal Year 2024-25 Budget Work Study Session <br />May 16, 2024 <br />Page 4 <br />4 <br />2 <br />9 <br />6 <br />A General Fund subsidy for the Parking Enterprise is not sustainable. Therefore, staff <br />proposes using one-time money to subsidize one year of one-hour free parking, to allow <br />time for developing recommendations to re-balance the Parking Enterprise budget. If <br />the City Council opts to increase the duration of free parking and/or continue free <br />parking beyond FY 2024-25, the recurring spending plan will need to be adjusted. <br />Next Steps <br />•City Council can provide direction to staff and if additional discussion is needed <br />this agenda item can be continued to May 21st. <br />•On June 4, the City Council is scheduled to conduct the Budget Public Hearing <br />and consider the first reading of an ordinance to adopt the budget for FY 2024- <br />25, which begins on July 1, 2024, and ends on June 30, 2025. <br />•The second reading and adoption of the FY 2024-25 Budget Ordinance is <br />scheduled for June 18. <br />FISCAL IMPACT <br />There is no direct fiscal impact at this time. <br />Parking Meter Staf fi ng Costs <br />Parking and Admi nistrative Staff, Ve hi cle costs, <br />Operational Expense s 978,880$ <br />Mete r Equi pme nt, Mai nte nance <br />and Operation Costs <br />Smart Me ters, Parki ng App, Citation processing, meter <br />re pl ace me nts and counting se rvi ces 423,650$ <br />Parking Meter Operations <br />Inte rnal Charges & Othe r Costs <br />Liabi l i ty Insurance, IT Mai nte nance , Indirect Costs, Debt <br />(Pe nsion Bond), Indi re ct and Unantici pated Costs 312,860$ <br />Downtown Parki ng Enforcement <br />Parking Enforce ment staff i ng costs, misce l l aneous <br />ope rati ng e xpenses, winter cleani ngs and i nte rnal <br />Charges 304,360$ <br />Parking Ope rator and Graff i ti <br />Services <br />Parking Ope rator Manageme nt Costs, parki ng <br />e qui pment mai ntenance, e l e vator repai rs, graff i ti <br />abateme nt, city staff and related e xpenses.1,187,026$ <br />Contractors and Miscell aneous <br />Repairs <br />Contractor for signage, i rrigati on repai rs, and <br />unantici pated parking re pairs 200,004$ <br />Parking Structure <br />Security Guard Services 24/7 s ecurity s ervices at three parking s tructures 600,000$ <br />Downtown Santa Ana (DTSA) <br />Security Guard Services <br />Security s ervices provided in the downtown area. 16 <br />hours per day, 7 days per week.145,000$ <br />Parking Operations ($4.15M) <br />Parking Meter, Operations and Enforcement