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LTC 318-2018 PARKING STATUS REPORT APRIL 2018MIAMIBEACH OFFICE OF THE CITY MANAGER NO. LTC# 318-2018 LE TER TO COMMISSION e City Co mission TO: Mayor Dan Gelber and Members of FROM: Jimmy L. Morales, City Manager DATE: May 30, 2018 SUBJECT: PARKING STATUS REPORT APRIL 2018 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 reported herein. The following is a condensed presentation of revenue by source and variance: *These amounts include revenue from Pay by Phone Transactions 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 42nd 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. Also, the proliferations of Transportation Network Entities (TNE) such as Uber and Lyft have impacted parking demand citywide. Unfortunately, TNE impact is difficult, if not impossible to quantify due to it being proprietary data. Il. Enforcement ** April 2017 April 2018 Monthly April April YTD I. On/Off Metered Spaces* $ 259,228 $ 255,847 Variance 2017YTD 2018YTD Variance On/Off Metered Spaces $ 2,535,564 $ 2,593,076 $ 57,512 $ 17,236,878 $ 17,078,889 $ (157,989) Total Metered Spaces $ 2,535,564 $ 2,593,076 $ 57,512 $ 17,236,878 $ 17,078,889 $ (157,989) *These amounts include revenue from Pay by Phone Transactions 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 42nd 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. Also, the proliferations of Transportation Network Entities (TNE) such as Uber and Lyft have impacted parking demand citywide. Unfortunately, TNE impact is difficult, if not impossible to quantify due to it being proprietary data. Il. Enforcement ** April 2017 April 2018 Monthly Variance April 2017 YTD April 2018 YTD YTD Variance M -D Parking Violation $ 259,228 $ 255,847 $ (3,381) $ 1,517,716 $ 1,464,837 $ (52,879) Towing 59,335 51,575 (7,760) 339,580 330,255 (9,325) Total Enforcment $ 318,563 $ 307,422 $ (11,141) $ 1,857,296 $ 1,795,092 $ (62,204) **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. April 3, 2018 Letter to Commission Parking Status Report - March, 2018 Page 2 of 3 III. Off Street Facilities April 2017 April 2018 Monthly Variance April 2017 YTD April 2018 YTD YTD Variance A. Garages $ 6,965 $ 9,162 $ 2,197 $ 128,133 $ 145,397 $ 17,264 17th Street Garage $ 364,480 $ 367,859 $ 3,379 $ 2,586,278 $ 2,412,317 $ (173,961) Pennsylvania Garage $ 74,961 $ 77,688 2,727 $ 605,219 571,545 (33,674) Sunset Harbour Garage $ 83,118 $ 74,646 (8,472) $ 547,530 499,426 (48,103) City Hall Garage $ 25,105 $ 25,782 677 $ 276,599 247,056 (29,543) 7th Street Garage $ 224,041 $ 226,969 2,928 $ 1,497,761 1,457,173 (40,588) 12th Street Garage $ 72,161 $ 58,604 (13,557) $ 432,311 433,761 1,450 13th Street Garage $ 125,838 $ 150,669 24,832 $ 926,912 1,024,320 97,408 42nd Street Garage $ 72,217 $ 65,495 (6,722) $ 554,452 550,008 (4,444) 16th Street Garage $ 378,276 $ 329,128 (49,148) $ 2,337,267 2,085,520 (251,747) Total Garages $ 1,420,197 $ 1,376,841 $ (43,355) $ 9,764,328 $ 9,281,127 $ (483,202) B. Joint Development* April 2017 April 2018 Monthly Variance April 2017YTD April 2018YTD YTD Variance 5th and Alton Garage $ 50,781 $ 40,615 $ (10,166) $ 350,685 $ 283,998 $ (66,687) Total Joint Development $ 50,781 $ 40,615 $ (10,166) $ 350,685 $ 283,998 $ (66,687) *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. 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 of April 2018 is $40,615.25 resulting in total net loss of $21,883.94. Pursuant to the Development Agreement, the City receives its proportionate share of profit or must subsidize any Toss. 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 April 2017 April 2018 Monthly Variance April 2017 YTD April 2018 YTD YTD Variance Municipal Monthly Permits $ 6,965 $ 9,162 $ 2,197 $ 128,133 $ 145,397 $ 17,264 Valet & Sapce Rentals $ 390,489 $ 211,948 (178,541) 1,852,536 1,960,695 108,159 Residential & Visitor Permits $ 71,474 $ 71,541 68 496,806 691,487 194,681 Hotel Hang Tags $ - $ -- 32,000 18,000 (14,000) Total Permit Sales $ 468,928 $ 292,652 $ (176,276) $ 2,509,475 $ 2,815,579 $ 306,104 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 renewals). This spread the purchase permit sales over all months versus a set month. April 3, 2018 Letter to Commission Parking Status Report - March, 2018 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 virtual 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. V. Preferred Lot April 2017 April 2018 Monthly Variance April 2017YTD April 2018YTD YTD Variance Preferred Lot $ - $ - $ - $ 100,000 $ 100,000 $ - Total Prefered Lot $ - $ - $ - $ 100,000 $ 100,000 $ - 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: This category consists of other accounts including a revenue share from Citibike, advertising revenue, interest, etc. April 2017 April 2018 Monthly April April YTD VI. Miscellaneous Variance 2017YTD 2018 YTD Variance Miscellanous $ 72,516 $ 84,534 $ 12,018 $ 316,539 $ 426,815 $ 110,276 Total Miscellaneous $ 72,516 $ 84,534 $ 12,018 $ 316,539 $ 426,815 $ 110,276 Miscellaneous: This category consists of other accounts including a revenue share from Citibike, advertising revenue, interest, etc. Parkmobile: The City Commission awarded Parkmobile to provide mobile payment application service. 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. JIM/KG /S f:\ping \$pers\statusreport\2018\Februa ry2018 pa rkingstatusreportdoc April 2017 April 2018 Monthly April April YTD VII. Pay by Phone Variance 2017 YTD 2018 YTD Variance Transaction Fees (Collected on behalf of Parkmobile) $ 62,454 $ 68,540 $ 6,086 $ 388,471 $ 443,178 $ 54,707 Total Pay by Phone $ 62,454 $ 68,540 $ 6,086 $ 388,471 $ 443,178 $ 54,707 Parkmobile: The City Commission awarded Parkmobile to provide mobile payment application service. 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. JIM/KG /S f:\ping \$pers\statusreport\2018\Februa ry2018 pa rkingstatusreportdoc Zone South South South South South Middle South South South South Name G1 7th Street G2 12th Street G3 13th Street G4 16th Street (Anchor) G5 17th Street G6 42nd Street G7 City Hall G8 5th & Alton* G9 Pennsylvania Avenue G10 Sunset Harbor City of Miami Beach Parking Utilization Trend Apr -17 216,459 70,571 117,986 270,701 280,126 44,267 19,435 50,781 41,839 52,113 ATTENDED GARAGE HOURS Ar -1 196,647 56,358 133,971 233,615 280,449 48,834 19,287 40,615 50,442 51,146 TOTAL GARAGES HOURS 1,164,278 1,111,365 *The 5th & Alton Garage provides free parking for the first 2 hours of occupancy Monthly Variance (19,812) (14,213) 15,985 (37,086) 323 4,568 (148) (10,166) 8,603 (967) (52,913) Varince % -9% -20% 14% -14% 0% 10% -1% -20% 21% -2% April FY 2017 f]PD 1,325,151 379,095 820,730 1,662, 878 1,879,043 325,491 155,467 153,795 338,006 392,524 -5% 7,432,180 ATTENDED LOT HOURS Zone # Name Apr 17 fpr -1:8 South P1 South Pointe 19,869 18,970 South P32 P -Lot* - Middle P71 46th & Collins 71,448 74,959 TOTAL LOT HOURS 91,317 93,929 *The P -Lot closed following Art Basel 2015 do to the renovation of the Miami Beach Convention Center Monthly_ Variance (899) 3,511 2,612 Varince % -5% 0%, 5% April FY 2018 YTD 1,254,722 (70,429) 371,025 (8,070) 905,825 85,095 1,552,518 (110,360) 1,706,725 (172,318) 325,095 (395) 122,895 (32,572) 129,941 (23,854) 318,033 (19,973) 364,049 (28,475) 7,050,827 (381,353). YTS YTD Vaiance Variance % -5% -2% 10% -7% -9% 0% -21 % -16% -6% -7% -5% April FY 2017 April FY 201$ YTD YTD 114,901 126,168 414,547 431,058 3% 529,448 557,227 YTD YT Vaiance Variance % 11,267 10% 0% 16,512 4% 27,779 5% TOTAL ATTENDED PARKING HOURS 1,255,595 1,205,294 (50,301) -4% 7,961,628 7,608,054 (353,574) -4% one South Middle North TOTAL OFF-STREET HOURS Zone South Middle North TOTAL ON -STREET HOURS METERED LOT HOURS (OFF-STREET) ApP-17 Apr18 227,555 95,617 85,699 408,871 241,553 108,106 90,359 440,018 Monthly Variance 13,998 12,489 4,660 31,147 Varince % 6% 13% 5% 8% April FY 2911 April FY 2018 YTD YTD YTD YID 'Mame Variance % 1,616,518 1,660,680 44,162 3% 641,031 653,436 12,405 2% 513,141 509,062 (4,079) -1% 2,770,690 2,823,178 52,488 2% METERED CURBSIDE HOURS (ON -STREET) Apr -17 Apr -1 Zone # Name Middle G6 42nd Street South G7 City Hall TOTAL GARAGE HOURS 345,748 66,211 68,317 480,275 366,543 68,580 64,439 499,561 Monthly_ Variance 20,794 2,369 (3,878) 19,286 Varince % 6% 4% -6% 4% METERED GARAGE HOURS r17 Apr -LB 127 1,902 2,029 265 1,851 2,116 Monthly Variance 138 (51) 87 Varince % 109% -3% 4% April FY 2017 YID 2,345,953 461,521 426,978 3,234,451 April FY 2017 YTD 995 13,754 14,749 April FY 200 YTD 2,373,483 456,146 359,801 3,189,429 April FY 2018 YTD 1,488 13,579 15,067 Vaiance 27,529 (5,375) (67,177) (45,022) YTD Variance % 1% -1 % -16% -1% YTD YTD Vaiance Variance % 493 50% (175) -1% 318 2% TOTAL METERED PARKING HOURS 891,175 941,695 50,520 6% 6,019,890 6,027,674 7,784 0% TOTAL ATTENDED & METERED HOURS 2,146,770 2,146,989 F:\PING\$MAN\Charles\Apr-18 Monthly Parking Utilization Trend.xlsx 219 0% 13,981,518 13,635,728 (345,790) -2%