City Parking Enterprise Overview

At a glance

What: An informational overview of the City Parking System Enterprise (file 26-306): mission, division responsibilities, budget, occupancy, 2026 capital improvement projects and marketing. No vote.
Key numbers: garages are generally about eighty percent full; a new parking garage would cost about 40 million dollars; the 2026 budget fell because the range of chargeable parking hours was changed.
Next step: No price or hours changes are planned this year; staff are collecting data to decide whether to change them next year.

Alyssa Alt, Public Works Division Manager for the Parking System Enterprise, and Rich Mulledy, Public Works Director, presented.
Donelson asked who pays for enforcement (parking enforcement is paid from the enterprise; ADA parking enforcement is funded by the police department), about pricing, occupancy (relatively unchanged), labor costs (Alt will provide), capital reserves (Mulledy: the enterprise decides where to invest; it previously funded streetscapes and is setting money aside for capital projects), and whether usage data exist (yes, but they need a way to analyze them).
Henjum asked about the budget decrease and whether businesses support the new hours (they appear to). Henjum also asked about investing in a new transit center; Mulledy said a cooperative agreement would have to be financially sound and make revenue for the enterprise.
Leinweber said space numbers are hard to read from a vehicle; Alt said signage will be added. Gold asked about electric vehicle chargers: Colorado Springs Utilities owns those at the City Administration Building garage and the City owns those at the Kiowa garage. Casey confirmed the chargers pay into the enterprise.

Overview presented under Staff and Appointee Reports; no action.