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LTC 477-2018 Parking Status Report July 2018MIAMI BEACH OFFICE OF THE CITY MANAGER NO. LTC# 477-2018 TO : Mayor Dan Gelber and Members FROM : Jimmy L. Morales, City Manager DATE : August 28, 2018 SUBJECT : PARKING STATUS REPORT JULY 2018 COMMISSION 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. July2017 July 2018 Monthly July July YTD I. On/Off Metered Spaces* Variance 2017YTD 2018YTD Variance On/Off Metered Spaces $ 2,851,433 $ 2,713,978 $ (137,455) $ 25,067,306 $ 24,551,383 $ (515,923) Total Metered Spaces $ 2,851,433 $ 2,713,978 $ (137,455) $ 25,067,306 $ 24,551,383 $ (515,923) *These amounts include revenue from Pay by Phone Transactions Meter Revenue: Meter revenue i s 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. July 2017 July 2018 Monthly July July YTD II. Enforcement** Variance 2017YTD 2018YTD Variance M-D Parking Violation $ 246,204 $ 222,635 $ (23,569) $ 2,273,419 $ 2,135,652 $ (137,768) Towing 49,440 55,810 6,370 482,225 487,290 5,065 Total Enforcment $ 295,644 $ 278,445 $ (17,199) $ 2,755,644 $ 2,622,942 $ (132,703) **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. August 28, 20 7 8 Letter to Commission Parking Status Report -July, 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 July 2017 $ 372,470 $ 82,081 $ 63,540 $ 59,197 $ 225,667 $ 64,315 $ 148,675 $ 96,745 $ 381,163 $ 1,493,854 July 2017 $ 46,052 $ 46,052 July 2018 $ 411,172 $ 48,247 $ 86,081 $ 33,442 $ 293,099 $ 82,052 $ 182,749 $ 88,423 $ 327,290 $ 1,552,556 July 2018 $ 47,650 $ 47,650 Monthly July Variance 2017YTD $ 38,702 $ 3,670,150 $ (33,834) $ 832,424 22,541 $ 734,114 (25,756) $ 396,718 67,431 $ 2,168,673 17,737 $ 609,526 34,074 $ 1,353,436 (8,322) $ 810,933 (53,873) $ 3,330,479 $ 58,701 $ 13,906,454 $ Monthly July Variance 2017YTD $ 1,597 $ 492,623 $ $ 1,597 $ 492,623 $ *46% of total revenue which represents the City's pro-rota share pursuant to the Development Agreement July YTD 2018YTD Variance 3,591,064 $ (79,086) 742,884 (89,540) 783,234 49,119 341,872 (54,845) 2,270,867 102,193 661,129 51,603 1,542,721 189,285 783,392 (27,542) 3,007,246 (323,233) 13,724,409 $ (182,045} July YTD 2018YTD Variance 417,005 $ (75,618) 417,005 $ (75,618} 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 . July 2017 July 2018 Monthly July July YTD IV. Permit Sales Variance 2017YTD 2018YTD Variance Municipal Monthly Permits $ 6,024 $ 6,869 $ 845 $ 149,733 $ 170,632 $ 20,899 Valet & Sapce Rentals $ 236,516 $ 242,773 6,257 2,671,148 2,795,543 124,394 Residential & Visitor Permits $ 70,039 $ 67,325 (2,713) 701,452 887,167 185,715 Hotel Hang Tags $ -$ 2,000 2,000 44,000 22,000 (22,000) Total Permit Sales $ 312,579 $ 318,968 $ 6,389 $ 3,566,333 $ 3,875,341 $ 309,008 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 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. August 2 8, 20 7 8 Letter to Commission Parking Status Report -July, 20 7 8 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 . July 2017 Monthly July July YTD V. Preferred Lot July2018 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 . July 2017 Monthly July July YTD VI. Miscellaneous July2018 Variance 2017YTD 2018YTD Variance Miscellanous $ 67,317 $ 51,508 $ (15,809) $ 670,631 $ 862,066 $ 191,435 Total Miscellaneous $ 67,317 $ 51,508 $ (15,809) $ 670,631 $ 862,066 $ 191,435 Miscellaneous: This category consists of other accounts including a revenue share from Citibike, advertising revenue , interest, etc. Monthly July July YTD VII . Pay by Phone July 2017 July 2018 Variance 2017YTD 2018YTD Variance Transaction Fees (Collected on behalf of Parkmobi le) $ 64,816 $ 73 ,525 $ 8,709 $ 572,694 $ 648,457 $ 75,763 Total Pay by Phone $ 64,816 $ 73,525 $ 8,709 $ 572,694 $ 648,457 $ 75,763 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 followi ng month . The increase is directly linked to increased usage of the mobile payment application service . JLM/KGB/SF !?' City of Miami Beach Parking Utilization Trend ATIENDED GARAGE HOURS Zone # Name Jul-17 Jul-18 Monthly Varince % July FY July FY YTD YTD Variance 2017YTD 2018 YTD Vaiance Variance% South Gl 7th Street 193 ,809 218, 120 24,311 13 % 1,725,792 l,646, 161 (79 ,63 1) -5% South G2 12th Street 52,525 58, 164 5,639 11 % 484,552 485 ,402 850 0% South G3 13th Street 134,825 152,811 17,986 13 % 1,101 ,727 l , 193 ,704 91,977 8% South G4 l 6th Street (Anchor) 288,856 302,469 13,613 5% 2, 166, 130 2,082,475 (83 ,655) -4% South GS 17th Street 288,738 251,945 (36,793) -13% 2,421,763 2, 177,3 40 (244,424) -10% Middle G6 42nd Street 66,842 127,340 60,498 91% 478,702 541,004 62,302 13 % South G7 City Holl 18 ,339 12 ,302 (6 ,037) -33% 197,337 153,376 (43,961) -22% South GB 5th & Alton* 46,060 47,652 1,592 3% 341,799 310,603 (31, 197) -9% South G9 Pennsylvonio Avenue 43 ,3 47 23,716 (19,631) -45 % 421,623 368,667 (52 ,955) -13 % South GlO Sunset Herber 50,633 49,634 (999) -2% 492,976 462 ,449 130,527) -6% TOTAL GARAGES HOURS** 1,183,974 1,244,153 60,179 5% 9,832,402 9,421,180 (411,222) -4% *The 5th & Alton Garage provides free perking for the first 2 hours of occupancy •*Perking gerage rate increase went into effect in May 2018 ATIENDED LOT HOURS Zone # Name Jul-17 Jul-18 Monthly Varince % July FY July FY YTD YTD Variance 2017 YTD 2018 YTD Vaiance Variance% South Pl South Pointe 24,871 38, 118 13 ,247 53% 161 ,365 174,047 12 ,682 8% South P32 P-Lot* 0% 0% Middle P71 46th & Collins 93,778 101,493 7,716 8% 595,052 567,718 (27,334) -5% TOTAL LOT HOURS 118,649 139,611 20,963 18% 756,417 741,765 (14,652) -2% *The P-lot closed following Art Basel 2015 do to the renovation of the Miami Beach Convention Center TOTAL ATTENDED PARKING HOURS 1,302,623 1,383,764 81,141 6% 10,588,818 10,162,945 (425,873) -4% METERED LOT HOURS (OFF-STREET) Jul-17 Jul-18 Monthly Varince % July FY July FY YTD YTD Z2n.e Variance 2017 YTD 2018 YTD Vaiance Variance% South 253,380 229,258 (24, 122) -10% 2, 120,410 2,095,631 (24,779) -1% Middle 100,318 111 ,16 1 10 ,842 11% 844,472 863,576 19, 103 2% North 101 ,989 101,844 (145) 0% 718,597 676,952 (41,645) -6% TOTAL OFF-STREET HOURS 455,687 442,263 (13,425) -3% 3,683,479 3,636,159 (47,321) -1% METERED CURBSIDE HOURS (ON-STREET) Jul-17 Jul-18 Monthly Varince % July FY July FY YTD YTD ~ Variance 2017 YTD 2018 YTD Vaiance Variance% South 387,859 394,241 6,382 2% 3,084,738 3,081,962 (2 ,776) 0 % Middle 69,609 66,715 (2 ,894) -4% 599,466 583 ,478 (15 ,988) -3% North 71,576 72,736 l , 159 2% 574,016 485,326 (88,691) -15% TOTAL ON-STREET HOURS 529,045 533,692 4,647 1% 4,258,221 4,150,766 (107,455) -3% METERED GARAGE HOURS Zone # Name Jul-17 Jul-18 Monthly Varince % July FY July FY YTD YTD Variance 2017 YTD 2018 YTD Vaiance Variance% Middle G6 42nd Street 146 77 (69) -47% 1,292 1,670 378 29% South G7 Ci2'. Holl 1,3 42 993 (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 986,221 977,025 (9,196) -1% 7,959,973 7,804,692 (155,281) -2% TOTAL ATTENDED & METERED HOURS 2,288,844 2,360,789 71,946 3% 18,548,791 17,967,637 (581,154) -3% F:\PING\$PERS\StotusReport\2018\ l 0-July 20 l 8\July-1 8 Monthly Parking Utilization Trend .xlsx