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Committee creates separate parking fund, launches fee study and flags demand pricing, residency charges and bad‑debt as issues
Summary
The committee agreed to isolate parking as a separate enterprise fund, asked for a comprehensive parking study covering residential permits, beachfront pricing and demand pricing and requested staff analysis of outstanding receivables and enforcement challenges.
St. Pete Beach staff told the Finance and Budget Committee they have created a separate parking enterprise fund so parking revenue and expenses can be monitored outside the general fund.
Why it matters: parking revenues are being used to support streets, beaches, parks and a portion of public safety costs that patrol the beachfront. Separating parking into its own enterprise fund makes those flows more transparent and will be a focus of the fee study staff is completing.
What staff said and committee questions
Staff reported the parking fund is rebounding from storm impacts, but not yet at the levels budgeted in 2025. The committee…
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