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LTC 376-2018 Parking Status Report May 2018 MIAMIBEACH OFFICE OF THE CITY MANAGER NO. LTC# 376-2018 LETTER TO OMMISSION TO: Mayor Dan Gelber and Members the City C mission FROM: Jimmy L. Morales, City Manager DATE: July 6, 2018 SUBJECT: PARKING STATUS REPORT 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. It is important to note that weather events impact parking utilization. It bears mentioning that this was the case during this period. According to U.S. climate date, Miami Beach had 5.6 inches of rainfall in May 2018 compared to 2.3 inches in May 2017, an increase of 143%. The following is a condensed presentation of revenue by source and variance: Monthly May May YTD May 2017 May 2018 I.On/Off Metered Spaces* Variance 2017 YTD 2018 YTD Variance On/Off Metered Spaces $ 2,633,164 $ 2,315,725 $ (317,439) $ 19,870,042 $ 19,394,614 _ $ (475,428) Total Metered Spaces $ 2,633,164 $ 2,315,725 $ (317,439) $ 19,870,042 $ 19,394,614 $ (475,428) *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 ("NE) such as Uber and Lyft have impacted parking demand citywide. Unfortunately, THE impact is difficult, if not impossible to quantify due to it being proprietary data. Monthly May May YTD May 2017 May 2018 II. Enforcement** Variance 2017 YTD 2018 YTD Variance M-D Parking Violation $ 263,983 $ 232,829 $ (31,154)_ $ 1,781,699 $ 1,697,666 $ (84,033) Towing 55,370 51,585 (3,785) 394,950 381,840 (13,110) Total Enforcment $ 319,353 $ 284,414 $ (34,939) $ 2,176,649 $ 2,079,506 $ (97,143) **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 to an increase in total precipitation accumulation during the month. July 6, 2018 Letter to Commission Parking Status Report-May, 2018 Page 2 of 3 Monthly May May YTD May 2017 May 2018 Ill.Off Street Facilities Variance 2017 YTD 2018 YTD Variance A.Garages 17th Street Garage $ 390,082 $ 378,168 $ (11,915) $ 2,976,360 $ 2,790,485 $ (185,876) Pennsylvania Garage $ 76,899 $ 65,902 (10,998) $ 682,118 637,447 (44,671) Sunset Harbour Garage $ 67,696 $ 95,113 27,417 $ 615,225 594,539 (20,686) City Hall Garage $ 37,769 $ 39,519 1,749 $ 314,368 286,575 (27,793) 7th Street Garage $ 250,852 $ 258,128 7,276 $ 1,748,613 1,715,301 (33,312) 12th Street Garage $ 59,444 $ 80,579 21,135 $ 491,755 514,340 22,585 13th Street Garage $ 145,792 $ 164,885 19,094 $ 1,072,704 1,189,205 116,501 42nd Street Garage $ 84,222 $ 80,073 (4,150) $ 638,674 630,080 (8,594) 16th Street Garage $ 262,743 $ 281,372 18,629 $ 2,600,010 2,366,892 (233,118) Total Garages $ 1,375,500 $ 1,443,737 $ 68,237 $ 11,139,828 $ 10,724,864 $ (414,964) Monthly May May YTD May 2017 May 2018 B.Joint Development* Variance 2017 YTD 2018 YTD Variance 5th and Alton Garage $ 50,245 $ 46,177 $ (4,068) $ 400,930 $ 330,176 $ (70,755) Total Joint Development $ 50,245 $ 46,177 $ (4,068) $ 400,930 $ 330,176 $ (70,755) *46%of total revenue which represents the City's pro-rota 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 May 201 8 is $46,177.30 resulting in total net loss of $1 ,139.31 . 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. Monthly May May YTD May 2017 May 2018 IV.Permit Sales Variance 2017 YTD 2018 YTD Variance Municipal Monthly Permits $ 9,816 s $ 10,973 $ 1,157 $ 137,949 $ 156,370 $ 18,421 Valet&Sapce Rentals $ 249,813 . $ 236,864 (12,949) 2,102,348 2,197,559 95,210 Residential &Visitor Permits $ 69,039 $ 65,166 (3,873) 565,844 756,653 190,809 Hotel Hang Tags $ 4,000 s $ - (4,000) 36,000 18,000 (18,000) Total Permit Sales $ 332,667 $ 313,003 $ (19,665) $ 2,842,142 $ 3,128,582 $ 286,439 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. rib July 6, 2018 Letter to Commission Parking Status Report—May, 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. Monthly May May YTD May 2017 May 2018 V.Preferred Lot Variance 2017 YTD 2018 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. Monthly May May YTD May 2017 May 2018 VI.Miscellaneous Variance 2017 YTD 2018 YTD Variance Miscellanous $ 214,358 $ 135,167 $ (79,191) $ 530,897 $ 561,982 $ 31,085 Total Miscellaneous $ 214,358 $ 135,167 $ (79,191) $ 530,897 $ 561,982 $ 31,085 Miscellaneous: This category consists of other accounts including a revenue share from Citibike, advertising revenue, interest, etc. When compared to the prior year, the reduction in revenue was attributed the timing difference in the posting of interest revenue from the fund bank accounts. Monthly May May YTD May 2017 May 2018 VII. Pay by Phone Variance 2017 YTD 2018 YTD Variance Transaction Fees (Collected on behalf of Parkmobile) $ 61,290 $ 61,766 $ 476 $ 449,762 $ 504,944 $ 55,183 Total Pay by Phone $ 61,290 $ 61,766 $ 476 $ 449,762 $ 504,944 $ 55,183 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 paynt application service. JLM/K /SF ao City of Miami Beach Parking Utilization Trend ATTENDED GARAGE HOURS May-17 May-18 Monthly May FY May FY YTD. YTD Zone # Name Variance Varince% 2017YTD 2018 YTD Vaiance Variance% South G1 7th Street 206,833 173,319 (33,514) -16% 1,531,983 1,428,041 (103,943) -7% South G2 12th Street 52,932 56,213 3,281 6% 432,027 427,238 (4,789) •1% South G3 13th Street 146,172 135,068 (11,104) -8% 966,902 1,040,893 73,991 8% South G4 16th Street(Anchor) 214,396 227,488 13,092 6% 1,877,274 1,780,006 (97,268) -5% South G5 17th Street 253,982 218,670 (35,312) -14% 2,133,025 1,925,395 (207,631) -10% Middle G6 42nd Street 86,369 88,569 2,200 3% 411,860 413,664 1,805 0% South G7 City Hall 23,531 18,179 (5,352) -23% 178,998 141,074 (37,924) -21% South G8 5th&Alton• 50,245 46,177 (4,068) -8% 204,040 176,118 (27,922) -14% South G9 Pennsylvania Avenue 40,269 26,918 (13,351) -33% 378,276 344,951 (33,325) -9% South G10 Sunset Harbor 49,819 48,766 (1,053) -2% 442,343 412,815 (29,528) -7% TOTAL GARAGES HOURS" 1,124,548 1,039,367 (85,181) -8% 8,556,728 8,090,194 (466,533) -5% *The 5th&Alton Garage provides free parking for the first 2 hours of occupancy "Parking garage rate increase went into effect in May 2018 ATTENDED LOT HOURS May-1Z May-18 MonthlyMay FY May FY YID YTD Zone # Name Variance Yarince% 2017_YID 20181D Vaiance Variance% South P1 South Pointe 21,593 9,761 (11,832) -55% 136,494 135,929 (565) 0% South P32 Plot" - - 0% - - - 0% Middle P71 46th&Collins 86,727 35,166 (51,561) •59% 501,274 466,225 (35,049) -7% TOTAL LOT HOURS 108,320 44,927 (63,393) -59% 637,768 602,154 (35,614) -6% *The P-Lot closed following Art Basel 2015 do to the renovation of the Miami Beach Convention Center TOTAL ATTENDED PARKING HOURS 1,232,868 1,084,294 (148,574) -12% 9,194,496 8,692,348 (502,148) -5% METEREDIOT HO.URS_.(OFESTREET) Monthly_ MaylY MayiY YTD_ YTD Zone May-17 May-18 Variance Varince% 2017 YTD 2018 YTD Vaiance Variance% South 250,512 205,693 (44,820) -18% 1,867,030 1,866,373 (658) 0% Middle 103,123 98,979 (4,144) .4% 744,154 752,415 8,261 1% North 103,467 66,046 (37,421) -36% 616,608 575,108 (41,500) -7% TOTAL OFF-STREET HOURS 457,102 370,717 (86,385) -19% 3,227,792 3,193,895 (33,897) -1% METERED CURBSIDE HOURS(ON-STREET) May-17 May 18 Monthly May FY May FY YTD YID Zone Variance Varince% 2017 YTD 2018 YTD Vaiance Variance% South 350,926 314,238 (36,688) -10% 2,696,879 2,687,721 (9,158) 0% Middle 68,336 60,617 (7,720) -11% 529,857 516,763 (13,095) -2% North 75,462 52,789 (22,673) -30% 502,440 412,590 (89,850) -18% TOTAL ON-STREET HOURS 494,725 427,644 (67,081) -14% 3,729,177 3,617,074 (112,103) -3% METERED GARAGE HOURS May 17 May 18 Monthly May FY May FY YTD YTD_ Zone # Name Variance Varince% 2017 YTD 2018 YTD Vaiance Variance% Middle G6 42nd Street 151 105 (45) -30% 1,146 1,593 448 39% South G7 City Hall 1,884 1,525 (359) -19% 15,638 15,104 (534) -3% TOTAL GARAGE HOURS 2,035 1,631 (404) -20% 16,784 16,698 (86) -1% TOTAL METERED PARKING HOURS 953,861 799,992 (153,869) -16% 6,973,752 6,827,667 (146,085) -2% TOTAL ATTENDED&METERED HOURS 2,186,729 1,884,286 (302,443) -14% 16,168,248 15,520,015 (648,233) -4% F:\PING\PERS\StatusReport\2018\08-May 2018\May-18 Monthly Parking Utilization Trend.xlsx