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Park Norwalk reports small revenue shortfall in September; 15-minute digital pilot logs ~90 transactions
Summary
The authority’s September report showed a modest revenue shortfall offset by expense savings; a digital pilot for short-term free parking saw about 90 transactions across four pilot streets.
Rocky, Park Norwalk finance staff, presented the September financial statement and usage metrics. For the month, Rocky said total parking revenue missed budget by about 4.3%, driven by lower transient and violation revenue in the Sono (Maritime Garage, Wapsalot, and Haviland Deck). He reported Park Norwalk’s total expenses were below budget by about 11.2% for the month, producing a positive…
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