LTC 004-2021 October 2020 Parking Status ReportDocuSign Envelope ID: 474C715E-C915-4904-A222-757A1A94C05F
004-2021
1/7/2021 | 3:56 PM EST
BEACH
DocuSign Envelope ID: 474C715E-C915-4904-A222-757A1A94C05F
January 6, 2021
Letter to Commission - Parking Status Report - October 2020
Page 2 of 4
On-Street/curbside and Off-Street Lot revenue includes spaces located inside the City Hall and 42nd
Street Garages. Revenue variances are driven by many factors which include, but are not limited to,
road and sidewalk construction, closed streets and 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. When compared to the prior year, the decrease in r evenue was largely due a
reduction in parking demand as a result of the COVID -19 pandemic.
Historical On-Street Curbside Utilization : Historically the demand for on -street parking has been high.
Higher on-street hourly rates in addition to the loss of on -street parking due to various City projects
has diminished availability and therefore usage.
Historical Off-Street Lot Utilization: The adjustments in parking habits, to off-street surface lots, have
been a positive counter action to the reduction of on-street availability.
Enforcement
DocuSign Envelope ID: 474C715E-C915-4904-A222-757A1A94C05F
January 6, 2021
Letter to Commission - Parking Status Report - October 2020
Page 3 of4
Revenues are composed of transient, monthly, and special event flat rates. Garage revenue variances
are driven by many factors which include, but are not limited to, special events, weather, tourism,
and maintenance. When compared to the prior year, the decrease in revenue was a result of reduced
parking demand due to the COVID -19 pandemic and related curfew.
DocuSign Envelope ID: 474C715E-C915-4904-A222-757A1A94C05F
DocuSign Envelope ID: 474C715E-C915-4904-A222-757A1A94C05F
DocuSign Envelope ID: 474C715E-C915-4904-A222-757A1A94C05F