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LTC 179-2018 PARKING STATUS REPORT - JANUARY 2018MIAMIBEACH OFFICE OF THE CITY MANAGER NO. LTC# 179-2018 LETTER TO COMMISSION TO: Mayor Dan Gelber and Members othe City 4' ommission FROM: Jimmy L. Morales, City Manager DATE: April 6, 2018 SUBJECT: PARKING STATUS REPORT - J NUARY 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 Parkmobile (mobile app payment) 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. January January Monthly January January YTD 1. On/Off Metered Spaces* 2017 2018 Variance 2017 YTD 2018 YTD Variance On/Off Metered Spaces $2,471,709 $2,373,321 $ (98,388) $ 9,053,195 $ 9,129,565 $ 76,370 Total Metered Spaces $2,471,709 $2,373,321 $ (98,388) $ 9,053,195 $ 9,129,565 $ 76,370 *These amounts include revenue from Parkmobile (mobile app payment) 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. **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. January January Monthly January January YTD II. Enforcement** 2017 2018 Variance 2017YTD 2018YTD Variance M -D Parking Violation $ 256,487 $ 248,334 $ (8,153) $ 962,727 $ 949,898 $ (12,829) Towing 55,335 51,215 (4,120) 213,610 202,445 (11,165) Total Enforcment $ 311,822 $ 299,549 $ (12,273) $ 1,176,337 $ 1,152,343 $ (23,994) **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 6, 2018 Letter to Commission Parking Status Report -January, 2018 Page 2 of 4 111. Off Street Facilities January 2017 January 2018 Monthly Variance January 2017 YTD January 2018 YTD YTD Variance A. Garages 2017 2018 Variance 2017YTD 2018YTD Variance 17th Street Garage $ 338,598 $ 316,228 $ (22,370) $ 1,410,147 $ 1,374,971 $ (35,176) Pennsylvania Garage $ 70,387 $ 63,221 (7,166) $ 319,824 338,016 18,193 Sunset Harbour Garage $ 72,119 $ 88,822 16,703 $ 307,378 299,192 (8,186) City Hall Garage $ 26,778 $ 27,652 874 $ 176,112 134,692 (41,421) 7th Street Garage $ 221,576 $ 180,103 (41,473) $ 785,918 776,968 (8,950) 12th Street Garage $ 52,845 $ 63,589 10,744 $ 192,132 236,214 44,081 13th Street Garage $ 140,358 $ 140,151 (207) $ 551,583 583,110 31,528 42nd Street Garage $ 75,345 $ 76,837 1,492 $ 295,556 305,865 10,308 16th Street Garage $ 305,381 $ 289,413 (15,969) $ 1,192,630 1,151,402 (41,228) Total Garages $1,303,387 $1,246,016 $ (57,371) $ 5,231,280 $ 5,200,429 $ (30,852) *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. There was an overall decrease in garage revenue during the month of January due to reduced transient revenue at the 17th street and 7th street garages. 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 January 2018 is $42,978.67 resulting in total net loss of $10,602.13. 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. January January Monthly January January YTD B. Joint Development* 2017 2018 Variance 2017YTD 2018YTD Variance 5th and Alton Garage $ 45,406 $ 42,979 $ (2,427) $ 189,902 $ 156,578 $ (33,324) Total Joint Development $ 45,406 $ 42,979 $ (2,427) $ 189,902 $ 156,578 $ (33,324) *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. There was an overall decrease in garage revenue during the month of January due to reduced transient revenue at the 17th street and 7th street garages. 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 January 2018 is $42,978.67 resulting in total net loss of $10,602.13. 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. April 6, 2018 Letter to Commission Parking Status Report -January, 2018 Page 3 of 4 IV. Permit Sales January 2017 January 2018 Monthly Variance January 2017YTD January 2018YTD YTD Variance Municipal Monthly Permits $ 50,889 $ 33,601 $ (17,288) $ 73,234 $ 94,832 $ 21,598 Valet & Sapce Rentals 208,950 294,281 85,331 745,898 1,064,727 318,829 Residential & Visitor Permits 76,761 71,437 (5,325) 280,338 488,400 208,062 Hotel Hang Tags 8,000 4,000 (4,000) 20,000 12,000 (8,000) Total Permit Sales $ 344,601 $ 403,318 $ 58,718 $ 1,119,470 $ 1,659,958 $ 540,488 VII. Pay by Phone January January Monthly January January YTD V. Preferred Lot 2017 2018 Variance 2017YTD 2018YTD Variance Preferred Lot $ 37 $ - $ (37) $ 100,037 $ 100,000 $ (37) Total Prefered Lot $ 37 $ - $ (37) $ 100,037 $ 100,000 $ (37) VII. Pay by Phone January January Monthly January January YTD VI. Miscellaneous 2017 2018 Variance 2017YTD 2018YTD Variance Miscellanous $ 68,631 $ 48,511 $ (20,120) $ 137,243 $ 185,243 $ 48,000 Total Miscellaneous $ 68,631 $ 48,511 $ (20,120) $ 137,243 $ 185,243 $ 48,000 VII. Pay by Phone January 2017 January 2018 Monthly Variance January 2017 YTD January 2018 YTD YTD Variance Transaction Fees (Collected on behalf of Parkmobile) $ 56,436 $ 63,822 $ 7,386 $ 208,567 $ 239,027 $ 30,460 Total Pay by Phone $ 56,436 $ 63,822 $ 7,386 $ 208,567 $ 239,027 $ 30,460 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. 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. Lastly, when compared to the prior year permit sales increased due to an increase in valet and space rental revenue that supplemented reductions in monthly access card and visitor permit revenue Preferred Lot: This lot is located in the front of the Convention Center, and variances are contingent on convention center special events. This lot dosed 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 overall decrease in revenue is due to timing differences in the recording of Citibike sponsorship revenue share. April 6, 2018 Letter to Commission Parking Status Report—January, 2018 Page4of4 Parkmobile: The City Commission awarded Parkmobile to provide mobile payment application service. Mobile payment application service 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. JLM/KG /S f:\ ping \$pets\statusreport\2018Van20l 8\parkingstatusreport.doc City of Miami Beach Parking Utilization Trend ATTENDED GARAGE HOURS Jan 17 Jan -18 Monthly January FY January FY YTD_ Zone # Name Variance Varince % 2017 YTD 2018 YTD YTD Valance Variance % South 01 7th Street 194,490 167,093 (27,396) -14% 683,355 664,391 (18,964) -3% South G2 12th Street 41,432 51,583 10,151 25% 155,313 196,019 40,706 26% South G3 13th Street 123,266 126,670 3,404 3% 494,198 508,820 14,622 3% South G4 16th Street (Anchor) 254,436 216,914 (37,521) -15% 915,463 862,110 (53,352) -6% South G5 17th Street 267,031 229,370 (37,661) -14% 1,041,603 916,013 (125,590) -12% Middle G6 42nd Street 46,115 47,106 991 2% 176,405 169,540 (6,864) -4% South G7 City Hall 17,013 11,684 (5,329) -31% 98,380 75,353 (23,027) -23% South G8 5th & Alton* 15,347 16,299 953 6% 65,059 55,017 (10,043) -15% South G9 Pennsylvania Avenue 45,537 32,587 (12,950) -28% 200,907 175,096 (25,811) -13% South G10 Sunset Harbor 58,471 57,982 (489) -1% 231,578 209,281 (22,296) -10% TOTAL GARAGES HOURS 1,063,137 957,289 (105,849) -10% 4,062,260 3,831,641 (230,619) -6% *The 5th & Alton Garage provides free parking for the first 2 hours of occupancy ATTENDED LOT HOURS Jan -17 Jan -18 Monthly January FY January FY YTD Zone # Nome Variance Varince % 2017 YTD 2018 YTD YTD Vaiance Variance South P1 South Pointe 16,240 17,465 1,226 8% 61,533 66,047 4,514 7% South P32 P -Lot* - - 0% - 0% Middle P71 46th & Collins 42,288 45,802 3,515 8% 175,329 190,446 15,117 9% TOTAL LOT HOURS 58,528 63,268 4,740 8% 236,862 256,492 19,630 8% *The P -Lot closed following Art Basel 2015 do to the renovation of the Miami Beach Convention Center TOTAL ATTENDED PARKING HOURS 1,121,665 1,020,557 (101,108) -9% 4,299,122 4,088,134 (210,989) -5% METERED LOT HOURS (OFF-STREET) Jan -17 Jan 18 Monthly_ Jatluary_Y Jortt try FY YTD Zone Variance Varince % 2017 YTD 2018 YTD YTD Vaiance Variance % South 236,069 241,477 5,408 2% 897,339 925,913 28,574 3% Middle 95,297 97,438 2,141 2% 367,697 357,654 (10,043) -3% North 65,436 66,762 1,327 2% 246,358 253,122 6,764 3% TOTAL OFF-STREET HOURS 396,801 405,677 8,876 2% 1,511,395 1,536,690 25,295 2% METERED CURBSIDE HOURS (ON -STREET) Jan -17 Jan -18 Monthly JanuarylY January_ YT)L Zone Variance Varince % 2017 YTD 2018 YTD YTD Valance Variance % South 319,969 332,954 12,985 4% 1,267,136 1,283,944 16,808 1% Middle 68,053 71,519 3,466 5% 246,510 242,250 (4,260) -2% North 56,522 56,545 23 0% 219,867 180,564 (39,302) -18% TOTAL ON -STREET HOURS 444,543 461,017 16,474 4% 1,733,512 1,706,758 (26,755) -2% METERED GARAGE HOURS Jan -17 Jan -18 Monthly JanuarryfY January FY YID__ Zone # Name Variance Varince % 2017 YTD 3018 YTD YTD Vaiance Variance % Middle G6 42nd Street 90 143 52 58% 540 665 125 23% South G7 City Hall 1,373 1,865 492 36% 7,795 7,492 (304) -4% TOTAL GARAGE HOURS 1,463 2,007 545 37% 8,335 8,157 (178) -2% TOTAL METERED PARKING HOURS 842,807 868,702 25,895 3% 3,253,242 3,251,605 (1,638) 0% TOTAL ATTENDED & METERED HOURS 1,964,472 1,889,258 (75,214) -4% 7,552,365 7,339,738 (212,626) -3% F:\PING \ WAN \Charles\Jan-18 Monthly Parking Utilization Trend,xlsx