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LTC 618-2018 PARKING STATUS REPORT SEPTEMBER 2018MIAMI BEACH OFFICE OF THE CITY MANAGER NO. LTC# 618-2018 TO: Mayor Dan Gelber and Members FROM: Jimmy L. Morales, City Manager-.~J--~ DATE: November 14, 2018 SUBJECT: PARKING STATUS REPORT SE TEMBER 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. September September Monthly September September YTD I. On/Off Metered Spaces* 2017 2018 Variance 2017YTD 2018YTD Variance On/Off Metered Spaces $ 1,470,219 $ 2,089,503 $ 619,285 $ 29,062,726 $ 29,208,642 $ 145,916 Total Metered Spaces $ 1,470,219 $ 2,089,503 $ 619,285 $ 29,062,726 $ 29,208,642 $ 145,916 *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 streets 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. When compared to the prior year, there was an increase in meter revenue due to the evacuation order regarding Hurricane Irma in September 2017. Also, the proliferations ofTransportation 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. September September Monthly September September YTD II. Enforcement** 2017 2018 Variance 2017YTD 2018YTD Variance M-D Parking Violation $ 162,316 $ 201,547 $ 39,231 $ 2,675,797 $ 2,571,705 $ (104,092) Towing 27,005 49,005 22,000 545,615 588,405 42,790 Total Enforcment $ 189,321 $ 250,552 $ 61,231 $ 3,221,412 $ 3,160,110 $ (61,302) **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, there was an increase in parking enforcement revenues due to the evacuation order and flood relief program activation in connection with Hurricane Irma in September 2017. November 7 4, 20 7 8 Letter to Commission Parking Status Report-September, 20 7 8 Page 2 of 3 September Ill. Off Street Facilities 2017 A. Garages 17th Street Garage $ 171,542 Pennsylvania Garage $ 53,195 Sunset Harbour Garage $ 40,494 City Hall Garage $ 20,878 7th Street Garage $ 111,161 12th Street Garage $ 33,697 13th Street Garage $ 75,369 42nd Street Garage $ 32,228 16th Street Garage $ 219,584 Total Garages $ 758,149 September B. Joint Development* 2017 5th and Alton Garage $ 46,088 Total Joint Development $ 46,088 September Monthly September 2018 Variance 2017YTD $ 333,914 $ 162,372 $ 4,137,691 $ $ 50,714 (2,481) $ 952,786 $ 74,749 34,255 $ 842,775 $ 27,816 6,937 $ 448,590 $ 215,177 104,016 $ 2,469,923 $ 66,362 32,665 $ 693,681 $ 135,447 60,078 $ 1,570,019 $ 66,967 34,739 $ 920,582 $ 231,282 11,698 $ 3,874,368 $ 1,202,427 $ 444,278 $ 15,910,416 $ September Monthly September 2018 Variance 2017YTD $ 47,635 $ 1,547 $ 584,792 $ $ 47,635 $ 1,547 $ 584,792 $ *46% of total revenue which represents the City's pro-rata share pursuant to the Development Agreement September YTD 2018YTD Variance 4,307,856 $ 170,165 850,427 (102,359) 958,772 .115,998 395,983 (52,608) 2,733,890 263,967 795,339 101,658 1,847,962 277,943 926,315 5,732 3,509,907 (364,461) 16,326,451 $ 416,035 September YTD 2018YTD Variance 511,172 $ (73,620) 511,172 $ (73,620) 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. When compared to the prior year, there was an increase in parking garage revenues due to the evacuation order and flood relief program activation in connection with Hurricane Irma in September 2017. 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 August is $46,532 resulting in total net loss of $4,718. 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. September September Monthly September September YTD IV. Permit Sales 2017 2018 Variance 2017YTD 2018YTD Variance Municipal Monthly Permits $ 18,595 $ 28,107 $ 9,512 $ 171,591 $ 207,143 $ 35,552 Valet & Sa pee Rentals $ 94,468 $ 291,243 196,776 3,095,473 3,336,182 240,709 Residential & Visitor Permits $ 55,614 $ 64,765 9,151 827,869 1,020,202 192,333 Hotel Hang Tags $ 4,000 $ -(4,000) 52,000 26,000 (26,000) Total Permit Sales $ 172,676 $ 384,115 $ 211,439 $ 4,146,933 $ 4,589,527 $ 442,594 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. November 7 4, 20 18 Letter to Commission Parking Status Report-September, 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. When compared to the prior year, there was an increase in parking permit sales due to space rental credits and lost permits revenue resulting from the evacuation order in connection with Hurricane Irma in September 2017. September September Monthly September September VTD V. Preferred Lot 2017 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. September September Monthly September September YTD VI. Miscellaneous 2017 2018 Variance 2017YTD 2018YTD Variance Miscellanous $ 148,309 $ 299,444 $ 151,135 $ 925,006 $ 1,285,462 $ 360,456 Total Miscellaneous $ 148,309 $ 299,444 $ 151,135 $ 925,006 $ 1,285,462 $ 360,456 Miscellaneous: This category consists of other accounts including a revenue share from Citibike, advertising revenue, interest, etc. When compared to the prior year, there was an increase in miscellaneous parking revenue due to the evacuation order in connection with Hurricane Irma in September 2017. September September Monthly September September YTD VII. Pay by Phone 2017 2018 Variance 2017YTD 2018YTD Variance Transaction Fees {Collected on behalf of Parkmobile) $ 58,597 $ 72,015 $ 13,418 $ 669,371 $ 784,516 $ 115,145 Total Pay by Phone $ 58,597 $ 72,015 $ 13,418 $ 669,371 $ 784,516 $ 115,145 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. When compared to the prior year, there was an increase Parkmoblie revenue due to the evacuation order in connection with Hurricane Irma in September 2017. JLM/KGB/S(lf... City of Miami Beach Parking Utilization Trend ATTENDED GARAGE HOURS Zone # Name Sep-17 Sep-18 Monthly Varince% September FY September FY YTD YTD Variance 2017YTD 2018 YTD Vaiance Variance% South G1 7th Street 84,375 129,266 44,891 53% 1 ,975,162 1,940,330 134,832) -2% South G2 12th Street 24,637 44,057 19,420 79% 558,157 584,810 26,653 5% South G3 13th Street 62,999 138,344 75,345 120% 1,292,835 1,487,091 194,256 15% South G4 16th Street !Anchor) 134,511 185,152 50,641 38% 2,584,384 2,540,060 144,324) -2% South G5 17th Street 121,412 214,207 92,795 76% 2,762,595 2,611,918 1150,677) -5% Middle G6 42nd Street 23,013 77,730 54,717 238% 554,091 728,147 174,056 31% South G7 City Hall 10,380 11,761 1,381 13% 224,872 178,699 146, 173) -21% South G8 5th & Alton* 46,088 47,635 1,547 3% 433,947 405,873 128,073) -6% South G9 Pennsylvania Avenue 22,306 18,491 j3,815) -17% 477,968 408,983 168,985) -14% South G10 Sunset Harbor 27,581 58,844 31,263 113% 571,023 568,929 12,094) 0% TOTAL GARAGES HOURS** 557,302 925,487 368,185 66% 11,435,034 11,454,840 19,806 0% *The 5th & Alton Garage provides free parking lor the first 2 hours of occupancy **Parking garage rate increase went into effect in May 2018 ATTENDED LOT HOURS_ Zone # Name Sep-17 Sep-18 Monthly Varince% September FY September FY YTD YTD Variance 2017YTD 2018 YTD Vaiance Variance% South P1 South Pointe 11,361 25,852 14,492 128% 187,999 222,706 34,707 18% South P32 P-lot* 0% 0% Middle P71 46th & Collins 35,130 59,557 24,427 70% 683,693 704,255 20,562 3% TOTAL LOT HOURS 46,491 85,409 38,918 84% 871,692 926,961 55,269 6% *The P-lot closed following Art Basel2015 do to the renovation of the Miami Beach Convention Center TOTAL ATTENDED PARKING HOURS 603,792 1,010,896 407,103 67% 12,306,725 12,381,801 75,076 1% METERED LOT HOURS (OFF·STREET) Sep·17 Sep-18 Monthly Varince% September FY September FY YTD YTD Z!mft Variance 2017 YTD 2018 YTD Vaiance Variance% South 145,108 192,839 47,732 33% 2,509,287 2,515,077 5,790 0% Middle 57,319 84,289 26,970 47% 1,007,107 I ,057,350 50,243 5% North 46,047 59,098 13,050 28% 854,795 815,026 139,769) -5% TOTAL OFF-STREET HOURS 248,474 336,226 87,752 35% 4,371,189 4,387,453 16,264 0% METERED CURBSIDE HOURS (ON·STREET) Sep-17 Sep-18 Monthly Varince% September FY September FY YTD YTD ~ Variance 2017YTD 2018 YTD Vaiance Variunce% South 206,430 306,581 100,151 49% 3,654,755 3,765,670 110,916 3% Middle 36,769 54,091 17,322 47% 704,772 707,633 2,860 0% North 33,533 45,620 12,087 36% 676,414 589,954 186,460) -13% TOTAL ON-STREET HOURS 276,732 406,292 129,560 47% 5,035,941 5,063,256 27,316 1% METERED GARAGE HOURS Zone Sep·17 Sep-18 Monthly Varince% September FY September FY YTD YTD Variance 2017YTD 2018 YTD Valance Variance% Middle G6 42nd Street 110 81 129) -26% 1,569 I ,837 268 17% South G7 Ci2: Hall 979 1,423 444 45% 19,589 18,522 11,066) -5% TOTAL GARAGE HOURS 1,089 1,504 415 38% 21,158 20,359 (799) ·4% TOTAL METERED PARKING HOURS 526,296 744,023 217,727 41% 9,428,287 9,471,069 42,781 0% TOTAL ATTENDED & METERED HOURS 1,130,088 1,754,919 624,831 55% 21,735,013 21,852,870 117,857 1% F:\PING\$PERS\StatusReport\2018\ 12-September 20 18\September-18 Monthly Parking Utilization Trend.xlsx