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Presentation - Item 19
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Presentation - Item 19
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2/18/2025 7:01:04 PM
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City Clerk
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2/18/2025
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Work Study Session: Parking Enterprise Fund 27 <br />Community Development Agency <br />February 18, 2025 <br />Slide 8 <br />Budget Option 1 <br />RATE INCREASE FOR STRUCTURES AND <br />SOME FREE PARKING (1st Saturday and 1st hr Free) <br />Category Revenue Expenses <br />Parking Meters ($2 per hour)$ <br />1,777,720 <br />$ 1,531,120 <br />Parking Structures ($3 per hour)$ <br />5,910,138 <br />$ 2,108,040 <br />Downtown Enhancements*$ -$ 1,098,420 <br />Total $ <br />7,687,858 <br />$ 4,737,580 <br />Net $ 2,950,278 <br />*Downtown Enhancements include: Clean and Safe Program ($700k), <br />Holiday Decorations in Downtown ($60k), Utilities, Repairs, Personnel <br />costs ($300k)
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