Fiscal Note
The Parking Utility estimates that the rate changes will yield increased parking revenues (to be utilized by the Utility for capital improvements) of $679,000 in 2009 and $1,358,000 in 2010 (the first full year of implementation). The revenues for 2009 are included in the Parking Utility 2009 adopted operating budget.
Title
Amending Secs. 12.142(3) and 12.145(1)(d) of the Madison General Ordinances to increase on-street parking meter rates and rates for meter hoods.
Body
DRAFTER'S ANALYSIS: This amendment increases on-street parking meter rates from 50¢ to 75¢ per hour and from $1.25 to $1.50 per hour. The rate for the parking meter zone established by Sec. 12.151 shall be increased from 50¢ to $1.00 per hour. Sec. 12.145(3) is being amended to include two additional subsections, which establish the hourly rate for on-street multi-space parking meter of $1.70 and on-street motorcycle parking meter of 75¢ cents.
Additionally, the rates for meter hoods will be increased from $13 to $15 per day. The rate for a half-day shall be increased from $7 to $8. Sec. 12.142 is being amended to include the language of “stall marker” in various locations to provide the proper language for multi-space meters. Sec. 12.142(3)(d) is being created to establish a $50 fee for the covering and uncovering of signs used to designate stalls for vehicles used by a person with physical disabilities as provided in Sec. 12.142(1)(c). Section 12.145(3)(f) is amended to require a minimum of one dollar payment for using other methods of payment other than cash. These amendments have been recommended by the Transit and Parking Commission and shall be effective June 1, 2009.
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