Title
Report regarding a resolution establishing parking meter and parking permit rates for Fiscal Year 2026-27. (Marissa Garren, Parking Place Commission Secretary)
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RECOMMENDATION
Recommendation
It is recommended that the Parking Place Commission adopt a resolution establishing revised parking meter and parking permit rates for Fiscal Year 2026-27.
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BACKGROUND/DISCUSSION
Municipal Code Section 11.56.020 states that parking rates and time limits are approved by resolution of the Parking Place Commission. Parking rates within the downtown parking district have not been adjusted since 2020. Best parking practices management suggests that parking rates are routinely adjusted (up or down) to assure the following:
* Cover normal annual increases in operating costs of the system for which a fee is assessed (e.g., on-street meter system, off-street lot and/or garage).
* Provide for future need. This would include normal capital planning and projected growth in the system.
* Reflect market demand. This would use the 85 percent occupancy standard as a decision-making trigger for adjusting rates.
* Consider rates in place in comparable cities to maintain competitiveness.
The City recently completed a downtown parking study conducted by Kimley-Horn and Associates to evaluate parking conditions within the downtown parking district. The study area included on-street parking along Grand Avenue and Linden Avenue, City parking lots, and the Miller Parking Garage. Parking observations were conducted on both a weekday and weekend between 8:00 a.m. and 9:00 p.m.
Parking Study Findings
The parking study found that downtown parking demand reached very high occupancy levels during peak periods:
* Weekday peak parking occupancy reached approximately 83 percent at 6:00 p.m.
* Weekend peak parking occupancy reached approximately 96 percent at 12:00 p.m.
Parking experts generally recommend maintaining parking occupancy near 85 percent to allow drivers to reasonably locat...
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