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February garage revenues reported at $215,728; ParkMobile to replace Flowbird ahead of summer
Summary
Colonial Parking reported February garage revenue of $215,728 and net operating income of $167,875. The parking bureau said the vendor Flowbird will be retired and ParkMobile is expected to launch before the service ends, possibly in June.
Chris Henkins of Colonial Parking told the Parking Committee that combined revenue for the two municipal garages in February was $215,728, with operating expenses of $47,853 and a net operating income of $167,875. Henkins said February was below budget and slightly below the prior year, which he said was partly inflated by a payment timing issue during a January transition.
Ramsey, speaking in the director’s report, said meter revenue was up in February while ticket and posting revenue fell versus the prior year. “We have been notified that Flowbird is…
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