Revenue Authority outlines FY26 budget, proposes pilot commercial vehicle parking lots in Laurel and Bowie

The Prince George's County Revenue Authority presented its proposed fiscal year 2026 budget to the Government Operations and Fiscal Policy Committee, outlining a $43.1 million budget, a 14.3% decrease from FY25, and plans for a pilot commercial vehicle parking lot funded from reserves.

Shailene Miller Y, the analyst who provided the report, told the committee the authority's FY26 proposed budget is approximately $43,100,000, down $7.2 million (14.3%) from FY25. Managed program revenue was described at about $22.8 million (down 1.7%), operating programs at $13.9 million (down 31.7%), and financing inflows projected at $6.3 million (up 5.4%). Miller noted revenue changes in specific programs: the school bus program revenue rose by about 7% to $13.9 million while fine revenue enforcement decreased 57% to $6.1 million.

Executive Director Denise Robinson highlighted longer‑term economic development work. The authority said it plans to expand financial tools for economic development, pursue partnerships around the Bowie MARC train station and study multi‑site options to diversify housing options inside the Beltway. The authority also is planning a commercial vehicle parking lot pilot with $1,000,000 proposed for FY26 funded by reserves; potential pilot locations under consideration are Laurel and Bowie.

Staff explained the pilot seeks to provide legal, off‑street parking for commercial drivers and thereby reduce truck parking on residential streets. Robinson said the authority will evaluate the pilot and consider replication in other parts of the county if successful. Committee members asked about enforcement and whether moving truck parking to a paid lot would eliminate neighborhood parking issues; authority staff said the pilot's purpose is to provide alternatives and deterrence but enforcement would remain a separate county responsibility.

Analysts also noted separate capital projects managed by the authority, including Suitland scattered sites and other projects; the FY26 capital budget is distinct from the county CIP. The authority reported 10 vacancies with seven expected to be filled in FY26 and noted a 2.5% cost‑of‑living adjustment issued in FY25 for staff.

No formal vote or budget adoption occurred during the presentation; the committee asked staff and the authority to provide follow‑up details about pilot site selection criteria and enforcement coordination.