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Commission endorses staff plan to implement approved lease rate increases and to increase oversell cap to 15%
Summary
After reviewing utilization data, the Missoula Parking Commission directed staff to implement lease rate increases approved earlier and authorized staff to increase oversell allowances from 10% to 15%, with a follow‑up utilization review in December. Commissioners debated whether this should be a staff decision or a board action.
The Missoula Parking Commission reviewed lease utilization data and directed staff to implement lease rate increases already approved in April and to increase the oversell allowance from 10% to 15% in order to improve utilization of underused lease areas.
Jody presented utilization figures showing overall lease utilization rose from 49% in April of last year to 52% this April. Industry practice considers a lot full at about 80% utilization; by that standard only two lease areas —…
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