City of Spokane

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Title 07
Chapter 07.08
Section 07.08.130
 

Title 07 Finance

Chapter 07.08 Funds

Article II. Special Revenue Funds

Section 07.08.130 Parking System Fund
  1. There is created and shall be maintained in the office of the City treasurer a special revenue fund designated the “parking system fund.” All City parking revenue from on and off street meter systems, miscellaneous parking fees, permits, etc., along with other sums appropriated in the budget from the City general fund shall be deposited into the fund upon receipt. For the remainder of 2013, all parking infraction revenue collected over and above the budgeted infraction revenues for the year (one million four hundred fifty-five thousand dollars) shall be deposited in the fund. Starting in 2014, an amount equal to one hundred percent of the total amount of the parking infraction revenue collected, less the expenditures of the municipal court parking violations program from the prior calendar year, will be transferred from the general fund to the fund.
     
  2. Money deposited into the fund shall be accumulated or expended to pay for operations and maintenance of the parking system, to include parking enforcement and collections, the parking violation system and to maintain, improve, and enhance the customer environment in those areas where parking revenue is generated within the City.
     
  3. City council priorities for expenditures from the parking system fund are parking system investments, parking environment improvements, administration, and safety and security of the parking system. For purposes of this section, “parking environment” shall mean all infrastructure in the public right-of-way that contributes to the interface between the downtown resident, visitor or worker and the downtown built environment. This infrastructure includes, but is not limited to, parking stalls, payment systems, parking asset management, streetscapes (including landscaping and lighting), wayfinding systems, public safety, vehicle, bicycle, and pedestrian rights-of-way, public spaces, gateways and all other aspects of downtown common areas, which contribute to the overall experience of downtown.
     
  4. Parking Advisory Committee.
    1. A parking advisory committee, formed by the Downtown Spokane Partnership, will advise the City on investments in the parking environment, policy, and rate-setting as informed by the downtown parking study. The committee will contain representation from a variety of downtown stakeholders, including property owners, large and small business owners, downtown residents and workers.
    2. An annual budget and project list for the parking system fund will be created by the asset management department in conjunction with the advisory committee recommendations and approved annually by the city council. Projects will be placed in the six-year capital program as needed. The parking advisory committee and city staff will report annually on outcomes of parking fund investments. The city council, the parking advisory committee and staff will develop a set of indicators that will track downtown vitality as a result of improvements made from parking system fund investments. These data will be available in the annual report.
       
  5. In 2014, the annual cost of two dedicated downtown neighborhood conditions (NCO) police officers will be funded out of parking system revenues. In 2015, the annual cost of one NCO officer will be funded out of parking system revenues.
     
  6. Any available parking funds must first be used to cover the debt service on Series 2005B LTGO bonds or any subsequent refinancing of these bonds.

Date Passed: Monday, June 17, 2013

Effective Date: Saturday, July 27, 2013

ORD C34989 Section 1