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Downtown Parking Committee forwards FY26 budget proposal to City Council with limited capital spending
Summary
The committee recommended City Council consider the parking fund budget that holds operating levels steady for FY26, pauses several capital projects, and creates a downtown services fund to shift non-parking expenses out of the parking fund.
The Downtown Parking Committee voted May 8 to recommend City Council consider staff’s fiscal year 2026 parking fund proposal, which holds operations near current levels, pauses several capital projects for one year and creates a downtown services fund for non-parking expenses.
Ed (staff member) presented the budget overview. Staff proposed modest operational changes intended to increase revenue by roughly $445,000 while pausing capital expenditures and moving non-parking costs (for example promenade maintenance…
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