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LTC 247-2018 PARKING STATUS REPORT MARCH 2018MIAMIBEACH OFFICE OF THE CITY MANAGER NO. LTC# 247-2018 TO: Mayor Dan Gelber and Members FROM: Jimmy L. Morales, City Manage DATE: April 30, 2018 SUBJECT: PARKING STATUS REPORT MRCH 2018 LETTER T 1/ COMMISSION f the City ;i ommission 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. II. Enforcement** March 2017 March 2018 Monthly March March YTD I. On/Off Metered Spaces* $ 295,761 $ 259,092 Variance 2017 YTD 2018 YTD Variance On/Off Metered Spaces $ 2,961,038 $ 3,007,113 $ 46,075 $ 14,701,314 $ 14,485,813 $ (215,501) Total Metered Spaces $ 2,961,038 $ 3,007,113 $ 46,075 $ 14,701,314 $ 14,485,813 $ (215,501) *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. II. Enforcement** March 2017 March 2018 Monthly Variance March 2017YTD March 2018YTD YTD Variance M -D Parking Violation $ 295,761 $ 259,092 $ (36,668) $ 1,258,488 $ 1,208,990 $ (49,497) Towing 66,635 76,235 9,600 280,245 278,680 (1,565) Total Enforcment $ 362,396 $ 335,327 $ (27,068) $ 1,538,733 $ 1,487,670 $ (51,062) **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 was attributed community adherence to City parking regulations and a reduction in parking enforcement overtime during spring break. April 3, 2018 Letter to Commission Parking Status Report - March, 2018 Page 2 of 4 111.Off Street Facilities March 2017 March 2018 Monthly Variance March 2017 YTD March 2018 YTD YTD Variance A. Garages $ 55,329 $ 46,564 $ (8,764) $ 299,904 $ 243,383 $ (56,521) 17th Street Garage $ 482,405 $ 366,803 $ (115,602) $ 2,221,799 $ 2,044,458 $ (177,340) Pennsylvania Garage $ 133,113 $ 80,593 (52,519) $ 530,258 493,857 (36,401) Sunset Harbour Garage $ 93,514 $ 67,113 (26,401) $ 464,411 424,780 (39,631) City Hall Garage $ 43,393 $ 31,543 (11,850) $ 251,494 221,275 (30,219) 7th Street Garage $ 285,711 $ 249,048 (36,664) $ 1,273,720 1,230,204 (43,516) 12th Street Garage $ 119,950 $ 82,934 (37,016) $ 360,150 375,156 15,006 13th Street Garage $ 117,861 $ 151,535 33,674 $ 801,074 873,650 72,576 42nd Street Garage $ 107,732 $ 95,221 (12,511) $ 482,235 484,512 2,278 16th Street Garage $ 521,252 $ 339,110 (182,142) $ 1,958,991 1,756,392 (202,599) Total Garages $ 1,904,931 $ 1,463,900 $ (441,031) $ 8,344,132 $ 7,904,285 $ (439,846) B. Joint Development* March 2017 March 2018 Monthly Variance March 2017 YTD March 2018 YTD YTD Variance 5th and Alton Garage $ 55,329 $ 46,564 $ (8,764) $ 299,904 $ 243,383 $ (56,521) Total Joint Development $ 55,329 $ 46,564 $ (8,764) $ 299,904 $ 243,383 $ (56,521) *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 the timing difference of monthly garage permit renewal payments and the timing difference in the payment of outstanding valet invoices for the Loews hotel. 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 March 2018 is $46,564.46 resulting in total net loss of $5,842.21. 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 3, 2018 Letter to Commission Parking Status Report - March, 2018 Page 3 of 4 IV. Permit Sales March 2017 March 2018 Monthly Variance March 2017 YTD March 2018 YTD YTD Variance Municipal Monthly Permits $ 25,874 $ 12,344 $ (13,529) $ 121,168 $ 136,235 $ 15,067 Valet & Sapce Rentals $ 406,206 $ 371,639 (34,567) 1,462,047 1,748,747 286,700 Residential & Visitor Permits $ 77,308 $ 69,161 (8,148) 425,332 619,946 194,614 Hotel Hang Tags $ 8,000 $ 2,000 (6,000) 32,000 18,000 (14,000) Total Permit Sales $ 517,387 $ 455,144 $ (62,243) $ 2,040,547 $ 2,522,927 $ 482,380 V. Preferred Lot March 2017 March 2018 Monthly Variance March 2017YTD March 2018YTD YTD Variance Preferred Lot $ - $ - $ - $ 100,000 $ 100,000 $ - Total Prefered Lot $ - $ - $ - $ 100,000 $ 100,000 $ - VI. Miscellaneous March 2017 March 2018 Monthly Variance March 2017YTD March 2018YTD YTD Variance Miscellanous $ 47,770 $ 74,935 $ 27,165 $ 244,022 $ 342,281 $ 98,258 Total Miscellaneous $ 47,770 $ 74,935 $ 27,165 $ 244,022 $ 342,281 $ 98,258 VII. Pay by Phone March 2017 March 2018 Monthly Variance March 2017 YTD March 2018 YTD YTD Variance Transaction Fees (Collected on behalf of Parkmobile) $ 62,086 $ 73,401 $ 11,315 $ 326,017 $ 374,638 $ 48,620 Total Pay by Phone $ 62,086 $ 73,401 $ 11,315 $ 326,017 $ 374,638 $ 48,620 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. 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. 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 April 3, 2018 Letter to Commission Parking Status Report — March, 2018 Page 4 of 4 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/KGB/SF f:\ping\$pers\statusreport\2018\February2018parkingstatusreport.doc City of Miami Beach Parking Utilization Trend ATTENDED GARAGE HOURS Mar -17 Mar -18 Monthly March FY March FY YTD ISTD_ Za_rie A Name Variance Varince % 2017 YTD 2018 YTD Vaiance Variance % South G1 7th Street 243,451 228,109 (15,342) -6% 1,108,692 1,058,075 (50,617) -5% South G2 12th Street 74,644 63,974 (10,670) -14% 308,523 314,666 6,143 2% South G3 13th Street 118,882 139,997 21,115 18% 702,744 771,854 69,110 10% South G4 16th Street (Anchor) 267,648 274,311 6,663 2% 1,392,177 1,318,903 (73,273) -5% South G5 17th Street 295,498 289,705 (5,793) -2% 1,598,917 1,426,275 (172,642) -11% Middle G6 42nd Street 52,596 52,633 37 0% 281,224 276,261 (4,963) -2% South G7 City Hall 18,124 15,970 (2,154) -12% 136,033 103,608 (32,424) -24% South G8 51h&Alton* 24,671 20,173 (4,498) •18% 103,014 89,326 (13,688) -13% South G9 Pennsylvania Avenue 50,351 53,101 2,750 5% 296,167 267,591 (28,576) -10% South G10 Sunset Harbor 56,554 57,873 1,319 2% 340,411 312,903 (27,508) -8% TOTAL GARAGES HOURS 1,202,420 1,195,847 (6,573) -1% 6,267,902 5,939,462 (328,440) -5% *The 5th & Alton Garage provides free parking for the first 2 hours of occupancy ATTENDED LOT HOURS Mar -17 Mar -18 Monthly March FY March FY YTD YTS Zone # Name Variance Varince % 2017 YTD 2018 YTD Valance Variance % South P1 South Pointe 17,693 20,736 3,043 17% 95,032 107,198 12,166 13% South P32 P -Lot* - - - 0% - - 0% Middle P71 46th & Collins 54,095 66,004 11,909 22% 343,099 356,100 13,000 4% TOTAL LOT HOURS 71,788 86,741 14,952 21% 438,132 463,298 25,166 6% *The P -Lot closed following Art Basel 2015 do to the renovation of the Miami Beach Convention Center TOTAL ATTENDED PARKING HOURS 1,274,208 1,282,588 8,380 1% 6,706,034 6,402,760 (303,274) -5% METERED LOT HOURS (OFF-STREET) Monthly March FY March FY YTD r_D_ Zone Mar -17 Mar -18 Variance Varince % 2017 YTD 2018 YTD Vaiance Variance % South 267,906 270,705 2,799 1% 1,388,963 1,419,127 30,164 2% Middle 109,432 109,934 502 0% 545,414 545,330 (84) 0% North 98,454 89,346 (9,108) -9% 427,442 418,703 (8,739) •2% TOTAL OFF-STREET HOURS 475,793 469,985 (5,808) -1% 2,361,819 2,383,160 21,341 1% METERED CURBSIDE HOURS (ON -STREET) Mar -17 r•18 Monthly March FY March FY YTD YTD Zone Variance Varince % 2017 YTD 2018 YTD Vaiance Variance % South 401,760 398,814 (2,946) -1% 2,000,205 2,006,940 6,735 0% Middle 82,153 75,610 (6,543) -8% 395,310 387,566 (7,744) -2% North 82,566 62,644 (19,922) -24% 358,661 295,362 (63,299) -18% TOTAL ON -STREET HOURS 566,478 537,068 (29,410) -5% 2,754,175 2,689,868 (64,307) -2% METERED GARAGE HOURS Mar -17 Mar -18 Monthly March FY March FY YID YL Zone # Name Variance Varince % 2017 YTD 2018 YTD Vaiance Variance % Middle G6 42nd Street 154 264 110 71% 868 1,223 355 41 % South G7 City Hall 1,955 2,468 514 26% 11,852 11,728 (123) -1% TOTAL GARAGE HOURS 2,109 2,733 624 30% 12,720 12,952 232 2% TOTAL. METERED PARKING HOURS 1,044,380 1,009,786 (34,594) -3% 5,128,714 5,085,980 (42,734) -1% TOTAL ATTENDED & METERED HOURS 2,318,588 2,292,373 (26,215) -1% 11,834,748 11,488,739 (346,009) -3% F:\PING\$MAN\Charles\Mar-18 Monthly Parking Utilization Trend.xlsx