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Council presses paid-parking revenue details as staff eyes rate increases and vehicle replacement
Summary
During the July 21 budget workshop, Neptune Beach staff said the paid-parking program generated about $997,711.32 across 217 spaces and estimated per-space annual revenue at roughly $4,606.96; councilors asked for breakdowns as staff proposed a $30,000 vehicle replacement and possible rate increases.
Neptune Beach — Council members pressing for concrete numbers on the paid-parking program heard multiple breakdowns on July 21, as staff outlined revenue, space composition and options for rate increases.
Chief Key said the paid-parking program currently includes 217 spaces across Neptune Beach, Atlantic Beach and a courtyard lot, with gross revenue just under $1.0 million (he quoted $997,711.32). "You take the million dollars divided by 217 and you ultimately get each spot generates $4,606.96 revenue per year at…
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