HomeMy WebLinkAbout06-14-2016 Item 04 2016-17 Parking Enterprise Fund Review
Meeting Date: 6/14/2016
FROM: Daryl Grigsby, Director of Public Works
Prepared By: Timothy Bochum, Deputy Director of Public Works
Alexander Fuchs, Parking Services Supervisor
Ryan Betz, Administrative Analyst
SUBJECT: FISCAL YEAR 2016-17 PARKING ENTERPRISE FUND REVIEW
RECOMMENDATIONS
1. Review and discuss the Fiscal Year (FY) 2016-17 Parking Fund Review (Attachment A); and
2. Conceptually approve the FY 2016-17 Parking Enterprise Fund budget, with final action with
the adoption of the FY 2016-17 Financial Plan Supplement; and
3. Adopt a Resolution approving an increase in Fines and Forfeitures for miscellaneous
violations.
DISCUSSION
Background
This report presents a review of the annual Parking Enterprise Fund for Fiscal Year (FY) 2015-
16 and a forecast for the FY 2016-2017 Supplemental Financial Budget. This review looks at key
issues and trends which could have an impact on the overall health of the fund. In this regard,
staff is pleased to report that the Parking Fund is balanced and the revised FY 2016-17
Supplemental Financial Budget is consistent with the operating assumptions adopted in the 2015-
17 Financial Plan with minor adjustments discussed below.
Consistent with previously adopted policies, the long-term forecast of the Parking Fund
continues to assume a 10% system-wide rate, fines and forfeiture adjustment every three years.
The forecast shows these will be necessary in FY 2018-19 and again in FY 2020-21 to fund
anticipated expenses, capital projects, and debt service obligations. Minor fine adjustments are
recommended in FY 2016-17 to increase fines for the overtime parking violations, no permit in
lot violations, 72-hour violations, and nighttime parking of large vehicles violations.
The Palm-Nipomo parking structure is programed to begin construction during FY 2017-18. The
anticipated costs for the Palm-Nipomo parking structure were developed several years ago, and
staff will be working with a consultant to update the cost and project timeline. A parking
structure rehabilitation and assessment study, including anticipated costs to replace outdated
structure equipment, is anticipated to be completed in FY 2016-17.
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This review highlights a healthy fund that is able to support both current and anticipated
expenses, capital projects, and debt service obligations while maintaining the minimum 20%
reserve level in working capital in accordance with the City Financial Management policies.
As outlined in the FY 2016-17 Parking Fund Analysis (Attachment A), which forecasts the
financial position of the Parking Fund through FY 2019-20, the City is able to:
1. Provide parking services and access for the Downtown businesses, visitors and patrons;
and
2. Provide parking services and enforcement for residential parking permit district; and
3. Fund debt service for the completed parking structures as well as long-term financing
obligations for the Palm-Nipomo parking structure; and
4. Meet bond covenants and debt ratios to maintain a strong bond rating; and
5. Meet Enterprise Fund reserves as set by City policy; and
6. Continue capital maintenance projects to maintain assets and provide high quality
services; and
7. Promote revitalization and reinvestment in our Downtown by accommodating public-
private partnerships with the Garden Street Terraces and Chinatown projects.
Parking Fund Accomplishments in FY 2015-16
Although the Fund Review is focused on financial and budgetary information, it is important to
look at the accomplishments that have occurred during this past fiscal year. The following is a
list of some of the highlights that Parking Services has accomplished in FY 2015-16.
1. Worked with project applicants, property and business owners and the public to begin
construction of the Garden Street Terraces project and Phase II of the Chinatown project.
2. Successfully relocated existing credit card meters from surface parking lots 2, 3, and 11;
increased the parking meter rate from $1.25 to $1.50 at these locations; and increased
rates in the parking structures hourly rate from $0.75 per hour to $1.00 per hour.
3. Hired a new Parking Services Supervisor as approved in the 2015-17 Financial Plan and
recommended in the Parking Organizational Study (2014).
4. Conducted a Palm-Nipomo Parking Structure update for Council in January 2016 and
reactivated the project for environmental and design.
Summary of Operating Programs
There have been minimal revisions to the Parking Fund expenses for FY 2016-17.
1. Consistent with the General Fund assumptions, Parking Staffing, Contract Services, and
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Other Operating expenses assume an increase of 3% in 2017-18, 3.25% in 2018-19, and
3.5% in 2019-20 for anticipated changes in Memorandum of Agreement (MOA), Cost of
Living Adjustments (COLA), and minimum wage.
2. Operating expenses for Palm-Nipomo are programmed beginning in FY 2018-19 but
could be delayed depending upon the start of construction of the structure.
3. The amount budgeted for General Government decreased by $26,984.
Table 1: Expenditures
Expense Category
2015-16
Budget
2016-17
Budget
2016-17
Revised Variance
Operating Programs
Transportation 2,328,330$ 2,188,099$ 2,188,099$ 0%
General Government 711,587$ 711,587$ 684,603$ -4%
Total Operating Programs 3,039,917$ 2,899,686$ 2,872,702$ -1%
Capital Improvement Plan Projects 1,952,970$ 50,798$ 50,798$ 0%
Debt Service 970,817$ 969,389$ 969,400$ 0%
TOTAL EXPENDITURES 5,963,704$ 3,919,873$ 3,892,900$ -1%
Capital Improvement Program
Below is the summary of the anticipated 2016-17 Financial Plan capital project budget
projections for the Parking Services Enterprise Fund.
1. New Parking Structure. To be conservative, the Palm-Nipomo parking structure is
projected for July 2017; the earliest date at which construction could begin. Debt
financing will be used to fund a significant portion of the project. The current project
construction estimate is $23.6 million with $17.45 million in debt financing.
2. Parking Structure Equipment Retrofit. Although not programed into the Fund
Analysis (Attachment A), staff anticipates the need for additional funding for replacing
outdated parking structure equipment. This project was originally estimated as a retrofit
to the existing equipment. Unfortunately, the manufacturer is now out of business and a
retrofit is not possible. Instead, a full replacement of the parking structure’s control
system is needed. The project is currently funded at $113,000, however a review of the
equipment replacement costs is projected to exceed that amount. Though a final amount
is not yet known, staff will be combining this assessment of what equipment fits the
structures best with the Parking Structure Assessment and Rehabilitation Study project,
funded at $135,000. This is anticipated to begin in FY 2016-17. Staff will ask the
consultant to recommend equipment retrofits for existing structures as well as equipment
for the new Palm-Nipomo parking structure. We anticipate having this product as a first
item of work for the consultant and expect to come to Council at the FY 2016-17 Mid-
Year with recommendations for any additional funding.
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3. New Parking Demand and Supply Model. Staff anticipates a return to Council in FY
2016-17 with a request for use of Parking Fund monies to pursue the development of a
Downtown parking demand and supply model. This project is not shown in the Fund
Analysis because a total cost for the project is not yet known. This project would result in
a tool similar to the City’s traffic model. It would help forecast the parking and access
needs for the Downtown area, analyze issues such as extending the Parking In-Lieu fee
program east of Santa Rosa Street, assist in developing appropriate pricing strategies for
parking, and assess individual development projects for adequacy in parking supply.
Development of a portion of this model was anticipated to be completed as part of a joint
effort with the project proposal for the old Shell station site. However, that particular
project is no longer being pursued by the applicant and the need for better tools to help
staff analyze parking scenarios still exists. In addition, it became apparent during the in-
depth parking study associated with the Palm/Nipomo Structure that such a tool would
save hours of staff time and yield accurate information easily and quickly to help policy
makers and the community comprehensively understand Downtown parking dynamics.
None of the aforementioned projects are included or assumed in this budget review, they
are all subject to future Council review and action that will be requested at a later date.
Revenues
Overall, Parking Fund revenues are healthy as the economy continues to improve. Revenues
have largely stabilized since the installation of the credit card capable meters and enforcement of
Sunday parking implemented three years ago. However, the last half of FY 2015-16 has seen the
closures of Lots 2, 3 and 11 and significant changes in parking locations habits (and revenue) are
expected.
Table 2: Revenues
Revenue Category
2015-16
Budget
2016-17
Budget
2016-17
Revision Variance
Service Charges
Parking Meter Collections
Lots 174,200 166,200 166,200
Streets 1,523,800 1,606,200 1,539,100 -4%
Parking Structure Collections 1,044,200 1,183,700 1,054,700 -11%
Long-Term Parking Revenues 430,600 434,900 434,900
Lease Revenues 480,500 482,900 500,500 4%
Parking In-Lieu Fees 2,787,530 20,200 20,200
Other Service Charges 100 100 100
Total Service Charges 6,440,930 3,894,200 3,715,700 -5%
Investment and Property Revenues 28,300 45,500 48,200 6%
Fines and Forfeitures 663,200 673,000 669,900
Other Revenues 0
TOTAL REVENUES 7,132,430 4,612,700 4,433,800 -4%
Revenues in the structures as well as on-street meters are anticipated to continue to increase due
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to this relocated demand as a result of the lot closures. Table 3 below shows Parking Fund
revenue trends with actuals for the previous three years, the budgeted amount for the two
financial plan years, and revised amounts for FY 2016-2017. Significant Parking In-Lieu fees
were collected in FY 2015-16 due to the construction of Chinatown and the Garden Street
Terraces projects. These fees, although shown as revenues, are one -time only and are to be used
for the development or maintenance of parking that satisfies the demand requirements of new
development projects within the Parking In-Lieu fee area.
Table 3: Parking Fund Revenue Trends
(1) Loss of Public Parking Lots 2, 3, and 11 to construction projects
(2) Garden Street Terraces project loan repayment and rent payment
(4) Parking In-Lieu fees for Garden Street Terraces, Granada Hotel & Bistro, and phase 2 of the Chinatown project
Fines and Forfeitures are not anticipated to change to significantly over the next fiscal year.
There is a recommendation included with this Fund review to increase the fine amounts for the
following violations:
1. 72-Hour violation from $23 to $33
2. Nighttime parking of large vehicles (oversized vehicle) violation from $23 to $33
3. Overtime parking violation from $38 to $43
4. No permit in lot violation from $33 to $38
At this time, the fiscal impact for these fine amount changes will be minimal. An analysis of
citations from January 2015 to December 2015 shows the increase in fine amounts will generate
approximately $6,000 in additional revenue. Table 4 below compares the current parking
violation fine amounts with other municipalities in the area.
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Table 4: Parking Violation Fine Amount Comparison
SLO City SLO City Cuesta Arroyo Paso
Current Proposed Cal Poly College Grande Robles
10.36.050 USE OF STREETS FOR STORAGE
OF VEHICLES PROHIBITED $23 $33 $58
10.36.150 NIGHTTIME PARKING OF LARGE
VEHICLES $23 $33
10.36.235 RESTRICTED PARKING - NO
PERMIT LOT $33 $38 $40 $39
10.40.010 OVERTIME PARKING $38 $43 $35 $68 $53 $33
VIOLATIONCODE
Overall, it is anticipated that Parking Fund revenues will continue to steadily grow as the
economy improves from the recession. Consistent with previous adopted policies, Revenue
projections assume a conservative 1% annual growth and a major 10% increase in revenues is
assumed in FY 2018-19 and every 3 years thereafter for periodic rate enhancements.
FISCAL IMPACT
As shown in the Parking Enterprise Fund Financial Analysis (Attachment A), staff is projecting
an end of year working capital of $9,643,354 in FY 2015-16 and $9,673,056 in FY 2016-2017.
The 2016 Parking Fund Analysis includes the key assumptions used in preparing Fund
projections. Consistent with the analysis presented to the Council in this report and in the 2015 -
2017 Financial Plan, there are sufficient funds to support operations, capital projects, and debt
service needs of the Parking Fund.
Attachments:
4.a a - 2016-17 Supplement Parking Fund Analysis
4.b b - Resolution Approving an Increase in Fine Amounts
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Parking Enterprise Fund
2016-17 Financial Plan Supplement
Parking Enterprise Fund
2016 Fund Analysis
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June 14, 2016
TABLE OF CONTENTS
I. OVERVIEW ........................................................................................................................... 3
II. 2015-17 FINANCIAL PLAN ................................................................................................. 3
a. Summary of Operating Programs ........................................................................................ 3
b. Capital Improvement Program ............................................................................................. 4
c. Revenues .............................................................................................................................. 5
d. Debt Service ......................................................................................................................... 5
III. ASSUMPTIONS ..................................................................................................................... 6
1. General Assumptions ........................................................................................................... 6
2. Parking Lots ......................................................................................................................... 6
3. Street Parking ....................................................................................................................... 6
4. Parking Structures ................................................................................................................ 6
5. Long Term Parking .............................................................................................................. 6
6. Parking Leases ..................................................................................................................... 7
7. Parking In-Lieu .................................................................................................................... 7
8. Investment Earnings............................................................................................................. 7
9. Parking Fines ....................................................................................................................... 7
10. Transportation & General Government Expenses ........................................................... 7
11. Capital Improvement Plan (CIP) Expenses ...................................................................... 8
12. Debt Service ..................................................................................................................... 8
IV. EXHIBIT A – 2015-17 Changes in Financial Position .......................................................... 9
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2016 Parking Fund Report
I. OVERVIEW
This report presents a review of the annual Parking Enterprise Fund for the FY 2015-16 and a
forecast for FY 2016-17. This review looks at key issues and trends which could have an impact
on the overall health of the fund. To this regard, staff is pleased to report that the Parking Fund is
balanced and the revised 2016-17 budget will be consistent with the operating assumptions
adopted in the 2015-17 Financial Plan with some minor adjustments.
As previously assumed in the long-term forecast of the Parking Fund, system parking rate, fines
and forfeiture adjustments will be necessary in FY 2018-19 and again in FY 2020-21 to fund
anticipated expenses, capital projects, and debt service obligations. Minor fine adjustments are
recommended in the FY 2016-17 primarily to increase fines for the 72-hour violations and
overnight large trailer violations. The Palm-Nipomo parking structure is programed to begin
construction during the 2017-18 fiscal year to show the future fiscal impacts on the Parking
Fund.
This review highlights a healthy fund in its ability to support both current and anticipated
expenses, capital projects, and debt service obligations while maintaining the minimum 20%
reserve level in working capital in accordance with the City Financial Management policies.
II. 2015-17 FINANCIAL PLAN
1. Summary of Operating Programs
Below is the summary of the revised 2015-17 Financial Plan operating budget projections
for the Parking Services Enterprise Fund. Operating expenses for Palm-Nipomo is
programed to begin during FY 2018-19 but could be delayed depending upon construction
start date or delays during construction.
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2015-16 2016-17 2016-17 2017-18 2018-19 2019-2020
Budget Budget Revised Projected Projected Projected
Staffing 1,309,824$ 1,310,591$ 1,268,891$ 1,349,909$ 1,393,781$ 1,478,627
Contract Services 670,100$ 683,750$ 683,750$ 704,263$ 727,151$ 771,416
Other Operating Expenses 223,271$ 235,458$ 235,458$ 242,522$ 250,404$ 266,425
CalJPIA Retrospective Work Comp
CalJPIA Retrospective Alloc. Lib.35,028$
Cost Assumptions for Class/Comp 11,220$
Palm-Nipomo Expenses 197,570$ 202,887$
Total Parking Services 2,203,195 2,229,799 2,188,099 2,296,694 2,371,336 2,516,468
2. Capital Improvement Program
Below is the summary of the revised 2015-17 Financial Plan capital project budget
projections for the Parking Services Enterprise Fund. The Palm-Nipomo Parking Structure is
projected for July 2017; the earliest date at which construction could occur. Debt financing will
be used to fund a significant portion of the project.
Parking Capital Program 2015-16 2016-17 2016-17 2017-18 2018-19 2019-20
Budget Budget Revised Projected Projected Projected
Fleet Replacement: 2 Go-4s 34,000$
Fleet Replacement: Utility Vehicle 27,100$ 27,100$
Fleet Replacement: Pickup Trucks 29,500$ 31,500$
Palm Nipomo Construction 23,600,000$
Parking Structure Assessment 66,667$ 10,000$ 10,000$
Marsh Street Parking Garage Circ.
Improve.78,000$
IT MS Office Replacement 4,909$
IT Radio Replacement 10,100$
IT Storage Capacity Upgrade 5,600$
IT UPS Battery Replacement 646$
IT VM Infrastructure 3,065$ 3,065$ 3,065$
IT Vehicle License Plate
Recognition 135,000$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$
IT VoIP 6,233$ 646$
IT Radio Handhleds 9,339$
IT Tait Radio System 633$ 633$ 9,339$
IT Firewall Replacement 4,069$
IT Network Swith Replacement 4,955$
IT Finance System Replacement 62,500$
Carryover from Previous Years
Palm-Nipomo Land acquistion and
Environmental 227,117$
Palm-Nipomo Design 1,067,873$
Parking Structure Equipment
Upgrades 113,000$
Other Carryover projects 544,980$
Total Parking Capital Program 2,233,283$ 50,798$ 50,798$ 23,641,272$ 83,485$ 120,998$
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Although not shown in the table above, staff anticipates the need for additional funding
for the upgrade of the parking structure equipment project currently funded at $113,000.
A final amount is not yet known. Staff will be combining this with the Parking Garages
Assessment and Rehabilitation Study project that will being in FY 2016-17 and will ask
the consultant to recommend equipment retrofits for existing structures as well as the new
Palm-Nipomo parking structure.
3. Revenues
It is anticipated that Parking Fund revenues will continue to steadily grow as the
economy improves from the Great Recession. Consistent with previous adopted policies,
Revenue projections assume a conservative 1% annual growth and a major 10% increase
in revenues is assumed in 2018-19 and every 3 years thereafter for periodic rate
enhancements.
Anticipating revenue changes for the closures of Lots 2, 3, and 11 have been forecast
however, revenue changes due to public redistribution from these closures may be off
depending where people choose to park after closures.
2015-16 2016-17 2016-17 2017-18 2018-19 2019-2020
Revised Budget Revised Projection Projection Projection
Revenues
Service Charges
Parking Meter Collections
Lots 174,200 166,200 166,200 155,400 170,900 172,600
Streets 1,523,800 1,606,200 1,539,100 1,554,500 1,709,900 1,727,000
Parking Structure Collections 1,044,200 1,183,700 1,054,700 1,065,200 1,171,700 1,276,000
Long-Term Parking Revenues 430,600 434,900 434,900 439,300 483,200 488,000
Lease Revenues 480,500 482,900 500,500 502,900 531,800 534,500
Parking In-Lieu Fees 2,787,530 20,200 20,200 20,400 22,400 22,600
Other Service Charges 100 100 100 100 100 100
Total Service Charges 6,440,930 3,894,200 3,715,700 3,737,800 4,090,000 4,220,800
Investment and Property Revenues 28,300 45,500 48,200 54,900 21,000 15,800
Fines and Forfeitures 663,200 673,000 669,900 666,600 733,300 740,600
Other Revenues
Total Revenues 7,132,430 4,612,700 4,433,800 4,459,300 4,844,300 4,977,200
4. Debt Service
Debt Service for the Palm-Nipomo Parking Structure is scheduled to begin in FY 2017-
18. Annual payments for Palm-Nipomo are estimated to average $1.4 million depending
upon final debt financing terms. The next debt service to be retired is for the Marsh Street
Parking Structure expansion, which will occur in August 2031.
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Parking Debt Service 2015-16 2016-17 2016-17 2017-18 2018-19 2019-20
Revised Budget Revised Projected Projected Projected
Marsh Expansion until Aug 2031 420,578$ 419,729$ 419,729$ 418,856$ 417,955$ 417,027$
919 Palm until Jun 2036 540,439$ 539,899$ 539,899$ 538,755$ 539,803$ 540,275$
Palm-Nipomo until Jun 2047 1,086,023$ 1,452,112$ 1,450,684$
Dispatch Ctr Upgrade until Jun 2039 9,800$ 9,800$ 9,800$ 9,800$ 9,700$ 4,200$
970,817$ 969,428$ 969,428$ 2,053,434$ 2,419,570$ 2,412,187$
III. ASSUMPTIONS
The following assumptions have been programed into the long-term forecast of the Parking
Fund.
1. General Assumptions
a. Minimum working capital reserve should equal at least 20% of the total Operating
Program expenditures according to the City's fiscal policy and Standard and
Poor's rating criteria. Based upon this policy, the minimum reserve level should
be approximately $575,000. The year-end working capital greatly exceeds the
minimum reserve policy levels.
b. Consistent with previously adopted policies, Parking Fund Revenue sources
assume a conservative 1% annual growth and a 10% increase every three years
for periodic rate adjustments.
2. Parking Lots
a. Parking revenues and expenses from Lot 14 will cease due to the construction of
the Palm-Nipomo parking structure in FY 2017-18.
3. Street Parking
a. No major changes in Street Parking assumptions have been programed.
4. Parking Structures
a. It is anticipated that some of the drivers that would have parked in Lot 14 will
instead park in garages due to the loss of lot parking spaces. Due to the first hour
free in garages, it is anticipated that only 50% of the revenues formerly tied to Lot
14 will be retained through garage parking fees.
b. A study will be conducted in FY 2016-17 to determine condition of the parking
structures and make recommendations for new annual maintenance plans to
extend the useful life of each structure and minimize emergency repair needs.
5. Long-Term Parking
a. There was an increase in 10-Hour Parking Meter Permit sales in FY 2015-16 due
to the establishment of a Residential Parking Permit District near the downtown
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area and the recent closure of three public parking lots downtown. Future
increases in 10-Hour Parking Meter Permit sales are limited by the total number
of permits available throughout a given fiscal year.
6. Parking Leases
a. Section 16 of the Memorandum of Agreement between the City of San Luis
Obispo and Garden Street SLO Partners, L.P. states that the Parking Fund will
loan the developer $500,000, assumed in 2016-17. In the same year, the developer
will begin repayment to the City Parking Fund by paying approximately $36,000
per year for 30 years with the option of a balloon payment buyout at the end of 10
years.
b. Section 6 of the Memorandum of Agreement between the City of San Luis
Obispo and Garden Street SLO Partners, L.P. states that the Developer will an
annual rent equal to the annual net revenue from the operation of surface parking
lot 2. The fund review projects this amount at $204,379 however final annual
amount has yet to be determined and it may be more or less depending upon time
of calculation. The annual base rent shall be increased on the first day of every
third fiscal year by the amount of increase in the Consumer Price Index (CPI) for
the period of three (3) years immediately preceding but in no event shall the
increase be less than two percent (2%) nor more than four percent (4%) per year,
for a cumulative total increase of not less than six percent (6%) and not more than
twelve percent (12%) in any three year period.
7. Parking In-Lieu
a. No Parking In-Lieu fee assumptions have been programed.
8. Investment Earnings
a. Assumes projected interest earnings of 0.5% annually.
9. Parking Fines
a. Transfer of parking fines to the Police Department is approximately $105,400 for
FY 2016-17.
b. State and County surcharges of $13 per paid parking citation is added then
deducted from fine revenues.
c. A total 1% decrease in fine revenues due to the loss of Lot 14 for the construction
of Palm-Nipomo parking structure in FY 2017-18.
10. Transportation & General Government Expenses
a. Transportation operating expenses attributed to Parking Lot 14 will decrease by
$7,400 in FY 2017-18 and thereafter.
b. Parking Staff, Contract Services, and Other Operating expenses assume an
increase of 3% in FY 2017-18, 3.25% in 2018-19, and 3.5% in 2019-20 for
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2016 Parking Fund Analysis
Page 8
anticipated changes in Memorandum of Agreement (MOA), Cost of Living
Adjustments (COLA), and minimum wage.
c. General Government expenses decreased by $26,984 in FY 2016-17 due to the
results of the FY 2014-15 Cost Allocation Plan.
d. General Government assumes no annual increase.
11. Capital Improvement Plan (CIP) Expenses
a. The Palm Nipomo parking structure construction is estimated at $23.6 million in
FY 2017-18. There will be a $6,000,000 contribution from working capital and
$17,600,000 proceeds from debt financing or Bond Issuance. Final amounts will
be determined as the project construction documents move forward in the City
process.
b. Assumes Finance and Information Technology capital projects that have
associated Parking Fund support will occur in the projected years.
c. A vehicle license plate recognition pilot program ($135,000) will occur as a
carryover project in FY 2016-17 to determine if the technology can improve
operational costs and enhance enforcement in the Downtown and residential
neighborhoods.
12. Debt Service
a. Assumes a 30-year level debt service, net proceeds of $17,600,000 and bond
issuance on July 1, 2018. Interest payment and principal payment is due
beginning in FY 2017-18, estimated at $1.4 million annually.
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2016 Parking Fund Analysis
Page 9
IV. EXHIBIT A – 2015-17 Changes in Financial Position
2015-17 PARKING FUND
FINANCIAL SCHEDULES
CHANGES IN FINANCIAL POSITION - PARKING FUND BUDGET
Mid-Year Adopted Revised Projected Projected Projected
2015-16 2016-17 2016-17 2017-18 2018-19 2019-20
Revenues
Service Charges
Parking Meter Collections
Lots 174,200 166,200 166,200 155,400 170,900 172,600
Streets 1,523,800 1,606,200 1,539,100 1,554,500 1,709,900 1,727,000
Parking Structure Collections 1,044,200 1,183,700 1,054,700 1,065,200 1,171,700 1,276,000
Long-Term Parking Revenues 430,600 434,900 434,900 439,300 483,200 488,000
Lease Revenues 480,500 482,900 500,500 502,900 531,800 534,500
Parking In-Lieu Fees 2,787,530 20,200 20,200 20,400 22,400 22,600
Other Service Charges 100 100 100 100 100 100
Total Service Charges 6,440,930 3,894,200 3,715,700 3,737,800 4,090,000 4,220,800
Investment and Property Revenues 28,300 45,500 48,200 54,900 21,000 15,500
Fines and Forfeitures 663,200 673,000 669,900 666,600 733,300 740,600
Other Revenues
Total Revenues 7,132,430 4,612,700 4,433,800 4,459,300 4,844,300 4,976,900
Expenditures
Operating Programs
Transportation 2,328,330 2,188,099 2,188,099 2,296,693 2,574,833 2,663,305
General Government 711,587 711,587 684,603 684,603 684,603 684,603
Total Operating Programs 3,039,917 2,899,686 2,872,702 2,981,296 3,259,436 3,347,908
Capital Improvement Plan Projects 1,952,970 50,798 50,798 23,641,272 83,485 120,998
Debt Service 970,817 969,389 969,400 2,053,434 2,419,570 2,412,187
Total Expenditures 5,963,704 3,919,873 3,892,900 28,676,002 5,762,491 5,881,093
Other Sources (Uses)
Cashflow adjustment for working capital
Operating Transfers In
Operating Transfers Out (151,011)(186,930)(43,100)
Proceeds from Debt Financing 17,600,000
Other 38,071
GST Loan per Council Approval (500,000)
(11,198)
Total Other Sources
(Uses)38,071 - (511,198) 17,448,989 (186,930)(43,100)
Revenues and Other Sources; Over (Under)
Expenditures and Other Uses 1,206,797 692,827 29,702 (6,767,713) (1,105,121) (947,293)
Working Capital, Beginning of Year 8,436,557 10,279,336 9,643,354 10,972,163 4,204,450 3,099,329
Working Capital, End of Year 9,643,354 10,972,163 9,673,056 4,204,450 3,099,329 2,152,036
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RESOLUTION NO. (2016 SERIES)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO,
CALIFORNIA, APPROVING AN INCREASE IN PARKING CITATION FINES
WHEREAS, State law provides, in Vehicle Code Section 40203.5, that cities establish the
amount of parking penalties, fees, and surcharges; and
WHEREAS, State law authorizes the City to recover administrative fees, parking penalties,
fees and collection costs related to civil debt collection, late payment penalties, and other related
charges; and
WHEREAS, the City wishes to provide secure and user friendly parking for all users of the
parking structures; and
WHEREAS, the parking program needs to continue to be self-sufficient for its financial
commitments; and
WHEREAS, the Council considered the staff report and held a public meeting on the proposed
changes to the parking citation fine amounts.
NOW THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo as
follows:
SECTION 1. Effective July 1, 2016, the City of San Luis Obispo Penalty Schedule is hereby
amended as set forth in Exhibit "A" attached hereto and incorporated herein by this reference.
Upon motion of ___________________, seconded by_____________________ and
on the following vote:
AYES:
NOES:
ABSENT:
The foregoing resolution was passed and adopted this ____ day of ___________, 2016.
_______________________
Mayor Jan Marx
ATTEST:
_____________________________
Lee Price, MMC
Interim City Clerk
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Resolution No. _____ (2016 Series) Page 2
R ______
APPROVED AS TO FORM:
_____________________________
J. Christine Dietrick
City Attorney
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of
San Luis Obispo, California, this ______ day of ______________, _________.
____________________________________
Lee Price, MMC
Interim City Clerk
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Resolution No. _____ (2016 Series) Page 3
R ______
EXHIBIT A
CITY OF SAN LUIS OBISPO PENALTY SCHEDULE
EFFECTIVE DATE: 7/1/2016
CODE & SECTION DESCRIPTION PENALTY
SLMC 10.12.050 INTERFERENCE WITH POLICE/AUTHORIZED OFFICER 93
SLMC 10.14.030 OBEDIENCE TO TRAFFIC CONTROL DEVICES 58
SLMC 10.14.090 UNAUTHORIZED PAINTING ON CURBS 58
SLMC 10.34.020 OVERNIGHT CAMPING (10pm - 6 am) 100
SLMC 10.36.020 STOPPING OR STANDING IN PARKWAYS PROHIBITED 33
SLMC 10.36.030 STOP/STAND/PARK IN VIOLATION OF CHAPTER 33
SLMC 10.36.040 NO PARKING ZONE - PROHIBITED PARKING - Also Taxi Zone (d) 53
SLMC 10.36.050 USE OF STREETS FOR STORAGE OF VEHICLES PROHIBITED 33
SLMC 10.36.070 REPAIRING OR GREASING VEHICLE ON PUBLIC STREET 23
SLMC 10.36.080 WASHING OR POLISHING VEHICLES 23
SLMC 10.36.090 PARKING ADJACENT TO SCHOOLS 23
SLMC 10.36.100 PARKING PROHIBITED ON NARROW STREETS 23
SLMC 10.36.110 PARKING ON GRADES 23
SLMC 10.36.120 UNLAWFUL PARKING - PEDDLERS, VENDORS 23
SLMC 10.36.130 EMERGENCY PARKING SIGNS 23
SLMC 10.36.140 LARGE/COMMERCIAL VEHICLE PARKING NEAR INTERSECTION 23
SLMC 10.36.150 NIGHTTIME PARKING OF LARGE VEHICLES 33
SLMC 10.36.160 NIGHTTIME PARKING OF VEH W/OPERATING AIR/REFRIGERATION 23
SLMC 10.36.200 PARKING IN A RESIDENTIAL PERMIT PARKING AREA 38
SLMC 10.36.230 PERMITS - DISPLAY OF PERMITS 28
SLMC 10.36.235 NO PERMIT LOT 38
SLMC 10.40.010 TIMED PARKING 10 MINUTES TO 10 HOURS (Overtime Parking) 43
SLMC 10.40.020 BACKING INTO PARKING SPACE PROHIBITED 28
SLMC 10.40.040 PARKING PARALLEL ON ONE-WAY STREETS 21
SLMC 10.40.050 DIAGONAL PARKING 21
SLMC 10.40.060 PARKING SPACE MARKINGS 33
SLMC 10.40.070 NO STOPPING ZONE 21
SLMC 10.40.080 ALL NIGHT PARKING PROHIBITED (3-5am) 38
SLMC 10.44.020 CURB MARKING TO INDICATE NO STOPPING/PARKING REGS. 23
SLMC 10.44.030 EFFECT OF PERMISSION TO LOAD/UNLOAD IN YELLOW ZONE 53
SLMC 10.44.040 EFFECT OF PERMISSION TO LOAD/UNLOAD IN WHITE ZONE 33
SLMC 10.44.050 STANDING IN ANY ALLEY 33
SLMC 10.44.070 DISABLED PARKING 338
SLMC 10.48.010 CERTAIN VEHICLES PROHIBITED IN CENTRAL DISTRICT 58
SLMC 10.48.020 ADVERTISING VEHICLES 33
SLMC 10.48.030 ANIMAL DRAWN VEHICLES 33
SLMC 10.48.040 TRUCK ROUTES 88
SLMC 10.48.050 COMM. VEHICLES PROHIBITED FROM USING CERTAIN STREETS 88
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Resolution No. _____ (2016 Series) Page 4
R ______
SLMC 10.48.060 MAX. GROSS WT. LIMITS OF VEHICLES ON CERTAIN STREETS 88
SLMC 10.52.040 PARKING METERS - OPERATIONAL PROCEDURES 23
SLMC 10.52.050 UNLAWFUL TO PARK AFTER METER TIME HAS EXPIRED 33
SLMC 10.52.060 UNLAWFUL TO EXTEND TIME BEYOND LIMIT 15
SLMC 10.52.070 IMPROPER USE OF METER 15
SLMC 10.52.080 PARKING METERS/STANDARDS - PROPER USE 15
SLMC 10.52.110 MOTORCYCLE SPACES 15
CVC 5204(a)* CURRENT TAB IMPROPERLY ATTACHED *25
CVC 21113(a) VEHICLE OR ANIMAL ON PUBLIC GROUNDS-MOVING 116
CVC 21113(b) VEHICLE OR ANIMAL ON PUBLIC GROUNDS-PARKING 33
CVC 21113 (c) DRIVEWAYS, PATHS, PARKING FACILITIES ON GROUNDS 33
CVC 22500.1 STOPPING/STANDING/PARKING: FIRE LANE 116
CVC 22500(a) STOPPING/STANDING/PARKING: WITHIN INTERSECTION 33
CVC 22500(b) STOPPING/STANDING/PARKING: ON A CROSSWALK 33
CVC 22500(c) STOPPING/STANDING/PARKING: BETWEEN SAFETY ZONE 33
CVC 22500(d) STOPPING/STANDING/PARKING: W/IN 15' FIREHOUSE ENTRANCE 33
CVC 22500(e) STOPPING/STANDING/PARKING: PUBLIC/PRIVATE DRIVEWAY 33
CVC 22500(f) STOPPING/STANDING/PARKING: ON SIDEWALK 33
CVC 22500(g) STOPPING/STANDING/PARKING: ALONG/OPPOSITE OBSTRUCT 33
CVC 22500(h) STOPPING/STANDING/PARKING: ON ROADWAY SIDE OF VEHICLE 33
CVC 22500(i) IMPROPER PARKING IN BUS ZONE 263
CVC 22500(j) STOPPING/STANDING/PARKING: IN TUBE OR TUNNEL 33
CVC 22500(k) STOPPING/STANDING/PARKING: UPON BRIDGE EXCEPT AUTH 33
CVC 22500(l) IMPROPER PARKING IN WHEELCHAIR ACCESS 263
CVC 22502(a) CURB PARKING 33
CVC 22502(b) PARKING OPPOSITE DIRECTION OF TRAFFIC 33
CVC 22502(c) CURB PARKING - WHEELS MORE THAN 18 INCHES FROM CURB 33
CVC 22504(a) UNINCORPORATED AREA PARKING 33
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blank.
FY 2016-17:
Supplemental Budget Review
June 14, 2016
Presented By: Alexander Fuchs, Parking Services Supervisor
Ryan Betz, Administrative Analyst
Parking Fund Review
Key Points
1.Staff Recommendations
2.2015-16 Accomplishments
3.Major Assumption Changes
4.Revenue & Expenditure
Projections
5.Proposed Increases in Parking
Violation Fine Amounts
2 PARKING FUND:
2016-17 Supplemental Budget Review
Staff Recommendations
3
1.Review and discuss the FY 2016-17 Parking Enterprise
Fund Review
2.Conceptually approve the FY 2016-17 Parking Enterprise
Fund budget, with final adoption of the FY 2016-17
Financial Plan Supplement
3.Adopt a Resolution approving an increase in Fines and
Forfeitures for miscellaneous violations
PARKING FUND:
2016-17 Supplemental Budget Review
Major 2015-16 Accomplishments
4
1.Worked with stakeholders to begin
construction of the Garden Street Terraces
project and Phase II of the Chinatown
project
PARKING FUND:
2016-17 Supplemental Budget Review
2.Successfully relocated existing credit card
meters from surface parking lots 2, 3, and
11; maintained hourly rate for parking meters
relocated to on-street locations; and
increased the parking structure hourly rate
from $0.75/hr. to $1.00/hr.
3.Conducted a Palm-Nipomo Parking
Structure update for Council in January 2016
and reactivated the project for environmental
and design work
4.Hired two key leadership positions: Parking
Services Manager and Parking Services
Supervisor.
Major Assumption Changes
5
1.General Government expenses
decreased by $27,000
2.Parking Lot 2 closed later than
anticipated, while Lot 3 & 11
closed sooner than anticipated
3.Aligned Parking Fund
expenditure assumptions with
General Fund assumptions
4.Modified forecast from the
FY 15 -16 Mid-Year Adjustments
PARKING FUND:
2016-17 Supplemental Budget Review
Revenue Projections
6
0
250,000
500,000
750,000
1,000,000
1,250,000
1,500,000
1,750,000
Adopted FY 16-17 ($4.6M)
Revised FY 16-17 ($4.4M)
PARKING FUND:
2016-17 Supplemental Budget Review
Expenditure Projections
7
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
Staffing Contract Operating General
Government
CIP Debt Service
Adopted 16-17 ($3.9M)
Revised FY 16-17 ($3.9M)
PARKING FUND:
2016-17 Supplemental Budget Review
Parking Fund 5-Year Forecast
8 PARKING FUND:
2016-17 Supplemental Budget Review
CHANGES IN FINANCIAL POSITION - PARKING FUND BUDGET
Mid-Year Adopted Revised Projected Projected Projected
2015-16 2016-17 2016-17 2017-18 2018-19 2019-20
Total Service Charges 6,440,930 3,894,200 3,715,700 3,737,800 4,090,000 4,220,800
Investment and Property Revenues 28,300 45,500 48,200 54,900 14,500 9,000
Fines and Forfeitures 663,200 673,000 669,900 666,600 733,300 740,600
Other Revenues
Total Revenues 7,132,430 4,612,700 4,433,800 4,459,300 4,837,800 4,970,400
Total Operating Programs 3,039,917 2,899,686 2,872,702 2,981,296 3,259,436 3,347,908
Capital Improvement Plan Projects 1,952,970 50,798 50,798 23,641,272 83,485 120,998
Debt Service 970,817 969,389 969,400 2,053,434 2,419,570 2,412,187
Total Expenditures 5,963,704 3,919,873 3,892,900 28,676,002 5,762,491 5,881,093
Total Other Sources
(Uses)38,071 - (511,198) 17,448,989 (186,930)(43,100)
Revenues and Other Sources; Over (Under)
Expenditures and Other Uses 1,206,797 692,827 29,702 (6,767,713) (1,111,621) (953,793)
Working Capital, Beginning of Year 8,436,557 10,279,336 9,643,354 9,673,056 2,905,343 1,793,722
Working Capital, End of Year 9,643,354 10,972,163 9,673,056 2,905,343 1,793,722 839,929
Proposed Fine Amount Increases
9
Code
Section Description of Violation Current
Amount
Proposed
Amount
10.36.050 72-Hour (Storage of Vehicles Prohibited) $23 $33
10.36.150 Nighttime Parking of Large Vehicles
Prohibited $23 $33
10.40.010 Overtime Parking $38 $43
10.36.235 No Permit in Lot $33 $38
PARKING FUND:
2016-17 Supplemental Budget Review
Palm/Nipomo Update
10
Items being worked on:
1.Reactivated Consultant Team
to prepare revised Scope of
work (In Progress) for design &
EIR
2.Combined Palm/Nipomo and
Mission Plaza Extension
projects into one Traffic Impact
Study
3.Revised project description for
EIR RFP underway
PARKING FUND:
2016-17 Supplemental Budget Review
Staff Recommendations
11
1.Review and discuss the FY 2016-17 Parking Enterprise
Fund Review
2.Conceptually approve the FY 2016-17 Parking Enterprise
Fund budget, with final adoption of the FY 2016-17
Financial Plan Supplement
3.Adopt a Resolution approving an increase in Fines and
Forfeitures for miscellaneous violations
PARKING FUND:
2016-17 Supplemental Budget Review
Questions
12 PARKING FUND:
2016-17 Supplemental Budget Review
13
Parking Structure Occupancy
14
-
20,000
40,000
60,000
80,000
100,000
Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16
Number of Vehicles Parked in All Parking Structures
Lot 2 Closed
Upper Portion
of Lot 3 & 11
Closed
PARKING FUND:
2016-17 Supplemental Budget Review
10-Hour Meter Permit Sales
15
0
500
1,000
1,500
2,000
2,500
2012-13 2013-14 2014-15 2015-16 (Projected
Thru End of Year)
Quarterly Permits Monthly Permits
PARKING FUND:
2016-17 Supplemental Budget Review
CHANGES IN FINANCIAL POSITION - PARKING FUND BUDGET
Mid-Year Adopted Revised Projected Projected Projected
2015-16 2016-17 2016-17 2017-18 2018-19 2019-20
Revenues
Service Charges
Parking Meter Collections
Lots 174,200 166,200 166,200 155,400 170,900 172,600
Streets 1,523,800 1,606,200 1,539,100 1,554,500 1,709,900 1,727,000
Parking Structure Collections 1,044,200 1,183,700 1,054,700 1,065,200 1,171,700 1,276,000
Long-Term Parking Revenues 430,600 434,900 434,900 439,300 483,200 488,000
Lease Revenues 480,500 482,900 500,500 502,900 531,800 534,500
Parking In-Lieu Fees 2,787,530 20,200 20,200 20,400 22,400 22,600
Other Service Charges 100 100 100 100 100 100
Total Service Charges 6,440,930 3,894,200 3,715,700 3,737,800 4,090,000 4,220,800
Investment and Property Revenues 28,300 45,500 48,200 54,900 14,500 9,000
Fines and Forfeitures 663,200 673,000 669,900 666,600 733,300 740,600
Other Revenues
Total Revenues 7,132,430 4,612,700 4,433,800 4,459,300 4,837,800 4,970,400
Expenditures
Operating Programs
Transportation 2,328,330 2,188,099 2,188,099 2,296,693 2,574,833 2,663,305
General Government 711,587 711,587 684,603 684,603 684,603 684,603
Total Operating Programs 3,039,917 2,899,686 2,872,702 2,981,296 3,259,436 3,347,908
Capital Improvement Plan Projects 1,952,970 50,798 50,798 23,641,272 83,485 120,998
Debt Service 970,817 969,389 969,400 2,053,434 2,419,570 2,412,187
Total Expenditures 5,963,704 3,919,873 3,892,900 28,676,002 5,762,491 5,881,093
Other Sources (Uses)
Cashflow adjustment for working capital
Operating Transfers In
Operating Transfers Out (151,011)(186,930)(43,100)
Proceeds from Debt Financing 17,600,000
Other 38,071
GST Loan per Council Approval (500,000)
(11,198)
Total Other Sources
(Uses)38,071 - (511,198) 17,448,989 (186,930)(43,100)
Revenues and Other Sources; Over (Under)
Expenditures and Other Uses 1,206,797 692,827 29,702 (6,767,713) (1,111,621) (953,793)
Working Capital, Beginning of Year 8,436,557 10,279,336 9,643,354 9,673,056 2,905,343 1,793,722
Working Capital, End of Year 9,643,354 10,972,163 9,673,056 2,905,343 1,793,722 839,929
Parking Fund Revenue Trends
17