LTC 496-2017 Parking Status Report June 2017MIAMIBEACH
OFFICE OF THE CITY MANAGER
NO. LTC#
�ss-Zo�� LETTER TO COMMISSION
TO: Mayor Philip Levine and Members ��f the City pmmission
�
FROM: Jimmy L. Morales, City Manager
DATE: October 10, 2017
�
sugJECT: PARKING STATUS REPORT JUt� 2017
The Parking Department received revenue from different sources outlined in the categories listed
below. In addition, only selected recurring expenses associated with the parking garages are reporfed
herein.
The following is a condensed presentation of revenue by source and variance:
I June 2016
I On/Off Metered Spaces`
On/Off Metered Spaces $2,573,386.88
Total Metered Spaces $2,573,386.88
�These amounts include revenue from Parkmobile transactions.
June 2017
$2,345,831 .54
$2,345,831.54
$ variance
$(227,555.34) �
$(227,555.34) �
Meter Revenue: Meter revenue is composed of both single space and multi space meters on the
street and in lots as well as multi space meters located inside the City Hall and 42�d Street Garages.
Meter revenue variances are driven by many variables which include, but are not limited to, road and
sidewalk construction, closed streets and site of events held in the City. When compared to the prior
year, a reduction in metered space revenue was partially due to parking areas utilized to support the
United States Conference of Mayors. Also, the proliferation of Transportation Network Entities (TNE)
such as Uber and LyR has impacted parking demand citywide. Unfortunately, TNE impact is difficult,
if not impossible to quantify due to it being proprietary data.
II Enforcement'* June 2016 June 2017 $ variance �
M-D Parking Violations $263,189.10 $245,516.64 $j17,b72.46) �
Towing 67,111.30 37,835.00 (29,276.30) �
Total Enforcement $330,300.40 $283,351.64 $(46,948.76) �
**These amounts include revenue for the month that had not yet posted.
Enforcement: The City receives a share of ticket citations for parking violations that occur in Miami
Beach and are collected by Miami-Dade County. When compared to the prior year, the reduction in
enforcement revenue is partially attributed to the reduction in Freight Loading Zone (FLZ) enforcement
hours as well as community adherence to the FLZ regulations. Also, weather impacts partially
accounted for the decrease as there were four (4) more inches of rainfall in 2017 than in 2016.
III Off Street Facilities
a. Garages
17th Street Garage
Pennsylvania Garage
Sunset Harbour Garage
City Hall Garage
7th Street Garage
June 2016
$351,086.37
67,687.31
71,982.07
42,321 .68
201,026.43
June 2017
$321,319.70
68,224.83
55,348.85
23,152.14
194,393.31
$ variance �
�
$�29,766.67) �
537.52 �
(16,633.22) �
(19,169.54) �
(6,633.12) �
October 10, 2017
Letter to Commission
Parking Status Report-June, 2017
Page 2 of 3
12th Street Garage �
13th Street Garage �
42nd Street Garage �
16th Street Garage �
Total Garages �
53,129.28 53,455.15 325.87
128,368.69 132,057.68 3,688.99
84,199.16 75,51378 (8,685.38)
326,699.61 349,305.73 22,606.12
$1,326,500.60 $1,272,771.17 $(53,729.43)
� b. Joint Development* � June 2016 June 2017 $ variance �
� 5th and Alton Garage � $54,530.80 � $45,639.96 $�8,890.84) �
� Total Joint Development � $54,530.80 � $45,639.96 $(8,890.84) �
"46% of total revenue which represents the City's pro-rata share pursuant to the Development Agreement
Garages: Revenues are composed of transient, monthly, and flat rate special event rates. Garage
revenue variances are driven by many variables which include, but are not limited to, special events,
weather, tourism, and maintenance. The overall decrease in garage revenue was due to a decrease
transient parking at the 17'" street garage and a decrease in monthly permit sales at the City Hall
garage.
5th and Alton Garage: The 5th and Alton Garage is a joint development (parking garage) with
the "Developer" (Edens) containing 1,080 parking spaces. The Developer and City own 54% and
46% of the parking spaces, respectively, and profit/loss is also shared in the same manner. The
City's revenue portion (46%) for the month ofJune 2017 is $45,639.96 resulting in total net profit of
$4,586.09. Pursuant to the Development Agreement, the City receives its proportionate share of profit
or must subsidize any loss. The City and Developer continue to jointly pursue initiatives to promote the
use of the garage. These initiatives include but are not limited to "after hours" flat rate parking; valet
parking storage; monthly parking; and strategically placed electronic signage directing users to the
facility. Future considerations include promotional rates for "after hours and park and ride options to
the entertainment districts.
� IV Permit Sales
I Municipal Monthly Permits
� Valet & Space Rental
I Residential and Visitor Permits
I Hotel Hang Tags
� Total Permit Sales
V Preferred Lots
Preferred Lots
Total Preferred Lots
VI Miscellaneous
Miscellaneous
Total Miscellaneous �
VII Pay by Phone
Transaction Fees
(collected on behalf of Parkmobile)
Total Pay by Phone
June 2016
$2,707.70
325,575.00
63,220.27
4,000.00
$395,502.97
$0.00
$0.00
$122,224.81
$86,688.59
$51,265.85
$51,265.85
June 2017 �
$5,759.74
332,284.00 �
65,568.43 �
8,000.00 �
$411,612.17 �
$0.00
$0.00
$72,417.68
$72,417.68
$58,1 16.90
$58,1 16.90
$ variance �
�
$3,052.04 �
6,709.00 �
2,348.16 �
4,000.00 �
$16,109.20 �
�
$0.00 �
$0.00 �
�
$�49,807.13) �
$(49,807.13) �
$6,851.05
$6,851.05
Permit Sales: The sale of residential and visitor's virtual permits was introduced in fiscal year 2015,
allowing residents to purchase residential permits and visitor permits for their guests online. As part of
this program, in 2015, the Administration transitioned from set annual or semi-annual periods for
residential permit renewal by zone to renewal periods according to birth month (similar to vehicle
registration renewalsj. This spread the purchase permit sales over all months versus a set month.
October 10, 2017
LeHer to Commission
Parking Status Repori—June, 2017
Page 3 of 3
Additionally, before the transition to the new system, residents pre-purchased visitor hang tags from
our customer service center to be used at a later date. The new virtuaf permit system allows residents
to purchase a virtual visitor permit real time when needed. This eliminated the need to purchase
multiple (paper) permits and it too spread the purchase of the virtual visitor permits over all months
versus a set month. The virtual visitor permits are enforced using LPR technology. When compared to
the prior year, the increase in Valet and Space rental revenue reflects an increase in rentals year over
year.
Preferred Lot: This lot is located in the front of the Convention Center, and variances are contingent
on convention center special events. This lot closed at the end of December 2015 to support the
Convention Center renovation project and eventual transition to a public meeting space.
Miscellaneous Revenue: This category consists of other accounts including a revenue share from
Citibike, advertising revenue, interest, etc. The decrease is due to the profit recognized from the sale
of department assets at the Fisher auction in 201 b.
Parkmobile: The City Commission awarded Parkmobile to provide mobile payment application
service. The mobile payment application services provides enhanced functionality over the in-vehicle
parking meter. Miami Beach residents will continue to enjoy the resident discounted rate of $1.00 per
hour in the South Beach and Middle East Beach areas; from $4.00 for on-street parking and $2.00
for off-street parking in South Beach, and $3.00 for on-street parking and $2.00 for off-street parking
in East Middle Beach. Moreover, Parkmobile will assess no transaction fees to Miami Beach residents
for pay by phone service. Parkmobile began services on May 12, 2014. The revenue shown above
represents the transaction fees collected by the City for non-resident transactions and remitted to
Parkmobile in the following month. The increase is directly linked to increased usage of the mobile
payment application service.
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