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LTC 452-2018 Parking Status Report June 2018MIAMI BEACH OFFICE OF THE CITY MANAGER NO. LTC# 452-2018 TO: Mayor Dan Gelber and Members FROM: Jimmy L. Morales, City Manager DATE : August 8, 2018 SUBJECT : PARKING STATUS REPORT JUNE 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. Monthly June June YTD I. On/Off Metered Spaces* June 2017 June 2018 Variance 2017YTD 2018YTD Variance On/Off Metered Spaces s 2,345,832 s 2,442,792 s 96,960 s 22,215,874 s 21,837,406 s (378,468) Total Metered Spaces $ 2,345,832 $ 2,442,792 $ 96,960 $ 22,215,874 $ 21,837,406 $ (378,468) *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 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. 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. Monthly June June YTD June 2017 June 2018 II. Enforcement** Variance 2017YTD 2018YTD Variance M-D Parking Violation s 245,517 s 215,350 s (30,166) s 2,027,216 s 1,913,017 s (114,199) Towing 37,835 49,640 11,805 432,785 431,480 (1,305) Total Enforcment $ 283,352 $ 264,990 $ (18,361) $ 2,460,001 $ 2,344,497 $ (115,504) **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. July6, 2078 Letter fo Commission Parking Status Report -May, 20 7 8 Page 2 of 3 Ill. Off Street Facilities A. Garages 17th Street Garage Pennsylvania Garage Sunset Harbour Garage City Hall Garage 7th Street Garage 12th Street Garage 13th Street Garage 42nd Street Garage 16th Street Garage Total Garages B. Joint Development* 5th and Alton Garage Total Joint Development June 2017 June 2018 $ 321,320 $ 389,408 $ 68,225 $ 57,190 $ 55,349 $ 102,613 $ 23,152 $ 21,856 $ 194,393 $ 262,467 $ 53,455 $ 64,737 $ 132,058 $ 170,767 $ 75,514 $ 64,888 $ 349,306 $ 313,064 $ 1,272,771 $ 1,446,989 June 2017 June 2018 $ 45,640 $ 39,179 $ 45,640 $ 39,179 Monthly June Variance 2017YTD $ 68,088 $ 3,297,680 $ (11,035) $ 750,343 47,264 $ 670,574 (1,296) $ 337,520 68,074 $ 1,943,006 11,282 $ 545,211 38,709 $ 1,204,761 (10,626) $ 714,188 {36,242) $ 2,949,316 $ 174,218 $ 12,412,600 $ Monthly June Variance 2017YTD $ (6,461) $ 446,570 $ $ (6,461} $ 446,570 $ *46% of fofal revenue which represents the City's pro-rafa share pursuant fo the Development Agreement June YTD 2018YTD Variance 3,179,892 $ (117,788) 694,637 (55,706) 697,152 26,578 308,431 (29,090) 1,977,768 34,762 579,077 33,866 1,359,972 155,211 694,968 (19,220) 2,679,956 (269,360) 12,171,853 $ (240,746} June YTD 2018YTD Variance 369,355 $ (77,215) 369,355 $ (77,215) 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 June 2018 is $39, 180.89 resulting in total net loss of $35,378.06 . 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 June June YTD June 2017 June 2018 IV. Permit Sales Variance 2017YTD 2018YTD Variance Municipal Monthly Permits $ 5,760 $ 7,393 $ 1,633 $ 143,709 $ 163,763 $ 20,054 Valet & Sapce Rentals $ 332,284 $ 355,211 22,927 2,434,632 2,552,770 118,137 Residential & Visitor Permits $ 65,568 $ 63,189 (2,380) 631,413 819,842 188,429 Hotel Hang Tags $ 8,000 $ 2,000 (6,000) 44,000 20,000 (24,000) Total Permit Sales $ 411,612 $ 427,792 $ 16,180 $ 3,253,754 $ 3,556,374 $ 302,620 Permit Sales: Th e 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 on line. 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. July6, 2018 Letter to Commission Parking Status Report -May, 2018 Page 3 of3 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 June June YTD V. Preferred Lot June 2017 June 2018 Variance 2017YTD 2018YTD 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 June June YTD VI. Miscellaneous June 2017 June 2018 Variance 2017YTD 2018YTD Variance Miscellanous $ 72,418 $ 248,576 $ 176,158 $ 603,314 $ 810,558 $ 207,244 Total Miscellaneous $ 72,418 $ 248,576 $ 176,158 $ 603,314 $ 810,558 $ 207,244 Miscellaneous: This category consists of other accounts including a revenue share from Citibike, advertising revenue, interest, etc. When compared to the prior year, the increase in revenue was attributed the timing difference in the posting of interest revenue from the fund bank accounts . Monthly June June YTD VII. Pay by Phone June 2017 June 2018 Variance 2017YTD 2018YTD Variance Transaction Fees (Collected on behalf of Parkmobile) $ 58,117 $ 69,988 $ 11,871 $ 507,878 $ 574,932 $ 67,054 Total Pay by Phone $ 58,117 $ 69,988 $ 11,871 $ 507,878 $ 574,932 $ 67,054 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 . JLM/~/SFl/J, City of Miami Beach Parking Utilization Trend ATTENDED GARAGE HOURS Zone # Name Jun-17 Jun-18 Monthly Varince % June FY 2017 June FY 2018 YTD YTD Variance YTD YTD Vaiance Variance% South Gl 7th Street 171,558 158,300 (13,258) -8% 1,703,542 1,586,341 (117,201) -7% South G2 12th Street 51,755 50,897 (858) -2% 483,782 478, 135 (5,647) -1% South G3 13th Street 122, 133 137,616 15,483 13% 1,089,035 1, 178,509 89,474 8% South G4 1 6th Street (Anchor) 243,426 224,755 (18,671) -8% 2 , 120,700 2,004,761 (115,939) -5% South GS 17th Street 228,292 229,360 1,068 0% 2,361,317 2, 154,755 (206,562) -9% Middle G6 42nd Street 51,479 95,795 44,316 86% 463,338 509,459 46, 121 10% South G7 City Hall 13,923 11,703 (2,220) -16% 192,921 152,777 (40,144) -21% South GB 5th & Alton* #DIV/OJ 204,040 176, 118 (27,922) -14% South G9 Pennsylvania Avenue 35,535 22,581 (12,954) -36% 413,811 367,532 (46,278) -11% South GlO Sunset Harbor 44,331 52,077 7,746 17% 486,674 464,892 (21,782) -4% TOTAL GARAGES HOURS .. 962,431 983,084 20,653 2% 9,519, 159 9,073,278 (445,880) -5% *The 5th & Alton Garage provides free parking for the first 2 hours of occupancy **Parking garage rate increase went into effect in May 201 8 ATTENDED LOT HOURS Zane # Name Jun-17 Jun-18 Monthly Varince % June FY 2017 June FY 2018 YTD YTD Variance YTD YTD Vaiance Variance% South Pl South Pointe 14,370 26,069 11,699 81% 150,864 161,998 11, 134 7% South P32 P-lot* 0% 0% Middle P71 46th & Collins 63, 116 85,219 22, 103 35% 564,390 551,444 (12,947) -2% TOTAL LOT HOURS 77,486 111,288 33,802 44% 715,254 713,442 (1,812) 0% *The P-lot closed following Art Basel 2015 do to the renovation of the Miami Beach Convention Center TOTAL ATTENDED PARKING HOURS 1,039,917 1,094,372 54,455 5% 10,234,413 9,786,720 (447,693) -4% METERED LOT HOURS (OFF-STREET) Jun-17 Jun-18 Monthly Varince % June FY 2017 June FY 2018 YTD YTD ~ Variance YTD YTD Vaiance Variance% South 228,814 219,671 (9, 143) -4% 2,095,844 2,086,044 (9 ,800) 0% Middle 92,868 99,809 6,941 7% 837,022 852,224 15,202 2% North 85,440 84, 127 (1,313) -2% 702,048 659,235 (42,813) -6% TOTAL OFF-STREET HOURS 407, 121 403,607 (3,514) ·1% 3,634,913 3,597,503 (37,410) -1% METERED CURBSIDE HOURS (ON-STREET) Jun-17 Jun-18 Monthly Varince % June FY 2017 June FY 2018 YTD YTD Zmie Variance YTD YTD Vaiance Variance% South 353,078 359,633 6,555 2% 3,049,957 3,047,354 (2,603) 0% Middle 69,304 59,483 (9,821) -14% 599, 161 576,246 (22,915) -4% North 70,618 58,034 (12,584) -18% 573,058 470,624 (102,434) -18% TOTAL ON-STREET HOURS 493,000 477, 149 (15,850) ·3% 4,222, 176 4,094,223 (127,952) ·3% METERED GARAGE HOURS Zone # Name Jun-17 Jun-18 Monthly Varince % June FY 2017 June FY 2018 YTD YTD Variance YTD YTD Vaiance Variance% Middle G6 42nd Street 146 77 (69) -47% 1,292 1,670 378 29% South G7 Ci!}: Hall 1,342 993 (349) -26% 16,980 16,097 (883) -5% TOTAL GARAGE HOURS 1,489 1,071 (418) -28% 18,273 17,768 (505) -3% TOTAL METERED PARKING HOURS 901,610 881,827 (19,783) -2% 7,875,362 7,709,494 (165,868) -2% TOTAL ATTENDED & METERED HOURS 1,941,527 1,976,200 34,672 2% 18,109,775 17,496,215 (613,560) -3% F:\PING\$PERS\StatusReport\2018\09-June 201 8\June-1 8 Monthly Parking Utilization T rend .xlsx