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File #: 86251    Version: Name: Amending the Parks Division 2025 Adopted Operating Budget to remove the paid parking pilot and associated revenues and expenditures
Type: Resolution Status: Passed
File created: 11/21/2024 In control: Finance Department
On agenda: 1/14/2025 Final action: 1/14/2025
Enactment date: 1/21/2025 Enactment #: RES-25-00038
Title: SUBSTITUTE Amending the Parks Division 2025 Adopted Operating Budget to remove the paid parking pilot and associated revenues and expenditures
Sponsors: Tag Evers, Isadore Knox Jr., Amani Latimer Burris, Nikki Conklin, Yannette Figueroa Cole
Attachments: 1. 111324-112524_CC_public_comments.pdf, 2. File 86251 -- FC Comment 12.2.24.pdf, 3. File 86251, FC Additional Comment.pdf, 4. 112524-121024_CC_public_comments.pdf, 5. 121124_CC_public_comment.pdf, 6. 86251 v1.pdf, 7. File 86251 Registration Report.pdf, 8. 121324-121624_CC_public_comments.pdf
Fiscal Note
The proposed resolution amends the Parks Division 2025 Adopted Operating budget by removing authorization for a paid parking pilot and associated revenues and expenses. The paid parking pilot was adopted by the Finance Committee on October 28, 2024. This amendment anticipated the pilot would cost $15,100 in staffing, supplies, and equipment, and generate $39,000 in agency revenues.

Removing the expenses and revenues from the Parks Division budget results in a net reduction of the Parks budget of $23,900. The total general fund budget for the Parks Division in 2025 is $17.27 million. The reduction of $23,900 would be in addition to a 1% budget reduction that is required from all general fund agencies ($170,440), and a 3% salary savings rate ($325,810), for a total reduction target of $520,150. The Parks Division and Finance Department will monitor the budget throughout 2025 to determine how Parks is achieving its reduction targets and if any transfers are needed.


Title
SUBSTITUTE Amending the Parks Division 2025 Adopted Operating Budget to remove the paid parking pilot and associated revenues and expenditures

Body
WHEREAS, the Finance Committee adopted an amendment to the 2025 Operating Budget on October 28, 2024, to establish a one-year paid parking pilot in the Parks Division; and,

WHEREAS, the Finance Committee amendment anticipated the pilot would cost $15,100 for staffing, supplies, and equipment, and would generate $39,000 in agency revenues, for a net revenue of $23,900; and,

WHEREAS, the Finance Committee amendment was adopted prior to the passage of the municipal property tax levy referendum (“City Referendum”) on November 5, 2024, which authorized a $22 million increase to the property tax levy to support City services; and,

WHEREAS, the passage of the City Referendum resulted in the City avoiding major service reductions and use of one-time funds to balance the 2025 budget; and,

WHEREAS, establishing a paid parking program ...

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