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Bel Air parking review: staff urges mix of modest rate increases, ParkMobile test and expense review to curb growing losses
Summary
Staff presented a comparative parking analysis showing Bel Air’s garage and street rates trail most peers and proposed testing ParkMobile in the Pennsylvania Avenue lot, raising select meter/fine rates, and separating garage vs. lot expenses for a clearer revenue/expense picture.
Bel Air staff on Tuesday laid out a detailed parking-fund analysis that recommends a mix of targeted rate increases and operational changes to reduce a multi-year decline in the fund’s equity.
Lisa (town finance staff) told commissioners the town’s garage and street hourly rates and monthly permit fees are lower than many peer municipalities; most respondents charge above $0.50 per hour and most monthly garage permits exceed $35. “We are in the minority when it comes to enforcement for the garage,” Lisa said, summarizing the comparative data. Staff proposed testing ParkMobile in the Pennsylvania Avenue lot and estimated…
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