REQUEST FOR CITY COUNCIL ACTION
SUBMITTED TO: Honorable Mayor and City Council Members
SUBMITTED BY: Fred A. Wilson, City Manager
PREPARED BY: Gilbert Garcia, Chief Financial Officer
Subject:
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Adopt Ordinance No. 4148 adding Chapter 10.50 to the Code, both relating to On-Street Parking Meter Zones and Off-Street City Parking Lots
Approved for introduction December 17, 2018 - Vote: 7-0
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Statement of Issue:
As we look ahead to FY 2019-20 and beyond budget development, we expect deficits in the base budget as a result of rising costs, notably those associated with retirement benefits. Consequently, one of the City Council's Strategic Objectives for 2018 is to "conduct a City Council Study Session on budget balancing options, including looking at current revenue sources, potential new revenue options and sale of surplus property." A study session was held on May 7, 2018, in which staff presented the City Council with a wide range of budget balancing options. At that study session, the City Council referred the item to the Finance Commission for follow-up and recommendations. At the regularly scheduled Finance Commission meetings on May 23, 2018, June 27, 2018, July 25, 2018, and November 14, 2018, proposed budget balancing options were reviewed and discussed. At the City Council Study Session on August 6, 2018, the Finance Commission presented its recommendations for both revenue and budget reduction options. Based on the recommendations of the Finance Commission and feedback from the City Council during study sessions and the Council Meeting held November 5, 2018, staff recommends the following actions:
(1) Adjust the Citywide Master Fee and Charges Schedule to increase certain fees to 100 percent cost recovery and increase other fees to achieve a higher rate of cost recovery;
(2) Adjust parking meters to a single year round rate and remove seasonal changes; and
(3) Adjust fines for certain parking citations.
Financial Impact:
Citywi...
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