The City’s public parking management structure was fragmented, with responsibilities for their system distributed among several departments. The lack of centralized management inhibited the City’s ability to strategize and execute comprehensive parking policies that benefited the parking system and the City as a whole. Walker prepared a parking management plan for on-street and off-street, performed a parking needs analysis and reviewed the operations and revenue.
Walker recommended the creating of a new Parking Enterprise Fund, along with technology-based meter improvements, strategic planning for parking policies and regulations, and shared parking to meet future demand.
In the past, public parking was subsidized by the General Fund but the Parking Enterprise Fund no longer requires a subsidy from the City. The annual operating revenue increased with the installation of equipment and application of the pricing strategy.