FOURTH QUARTER  --  REVIEW AND ANALYSIS

 

PARKING AUTHORITY

 

Fiscal Year 2005

 

1.         Parking Authority Goals

 

A.        Maintained all parking equipment in good working order.

B.         Mulched and planted for festival.

C.        Delaware elevator worked on old elevator several times for jamming on floors.

D.        B & H Coatings came in and repaired expansion joint rubber seals.

E.         Rich Hearn continues training on parking computer.

F.         Lot 1 exit gate replaced with gate mechanism.

G.        Ticket spitter at Lot 1 broke.  All P/C boards and upper mech sent to Whitaker for in-  house troubleshooting.

H.        Trained Rich Hearn on meter collections.

I.          Attendants terminal at garage repaired by Whitaker Bros.

J.          Rich Hearn left employment 6-17-2005, due to low pay.

K.         B & H Coatings started repair of brickwall at Division Street end.

L.          Parking supervisor doing double duty due to no maintenance worker.

 

 

 

 

2.         Statistics

 

A.        Figures below are for the attended parking lots (Lot #1 and Parking Garage).  Figures in            parenthesis are for the corresponding quarter for last year.

 

Average Daily Cars

Parking Lot #1

Parking Garage

             April

735(739)

87(81)

             May

620(673

78(62)

             June

631(700)

74(68)

 

Parking Garage has 564(700)permits ending June 30, 2005.  Total active permit parking, all lots as of June 30, 2004 is 787(802).

 

 

 

 

 

 

3.         Financial Data  --  REVENUE

 

 

Parking Area

4th Quarter (FY'05)

4th Quarter (FY'04)

 

 

 

Attended Lot #1

 $   11474.55

11828.09

Parking Garage (hrly)

 $     3454.68

3730.30

Metered Lot #4

 $     1338.40

1636.33

Metered Lot #7 & #13

 $              -  

243.00

Metered Lot #9

 $     1479.62       

1,536.36

Metered Lot #10

 $     1302.18

1,631.54

Metered Lots #11 & #12

 $     2060.64

1048.32

Metered Lot #15

 $     2270.55

2,569.44

On-Street Meters

 $   14005.57

14,739.74

All Monthly Parking Permits

 $  78,385.66

60,849.56

Lot #14 (Sheraton

 

 

 

 $              -  

                 -

Broad Street

 $          00.00  

             00.00

Smart Cards

 $        917.00

533.02  

Validated Tickets

 $     2,085.50

1,273.00

Jurors & Law Clerks

 $     1,332.00

1,170.00

Wicomico Transit

 $        810.00

N/A

Juvenile Justice

 $        324.00

N/A

Health Department

 $     4,387.50

N/A

Library

 $     1,340.67

                 N/A

County Employees

 $     2,174.25

         3,295.00    

P.D. (Lot 30)

                N/A

         1,211.10

TOTAL REVENUE

 127,202.22

$114,808.80

 

                                                           

 

 

 

  
4.         Financial Data  --  EXPENSES

 

 

Item

4th Quarter (FY’05)

4th Quarter (FY’04)

Revenue – Cash Collected

Data not available at this time

             $114,808.80

 

 

 

Expenses:

 

 

Salaries

  

31,705.33 

Legal, Audit, Prof. Servcs

 

  2,106.25

Blacktop

    

-0-

Office Supplies, Gas

 

  2,766.20

Electric, Fuel, Phone

  

  8,543.37

Lease/Isear (Cavalier Resources)  SOLD

 

   -0-

Retirement, Insurance, SS

 

  7,943.34

Maintenance Lots, Meters, Equipment

 

74,588.17  

Administrative Services

 

-0-

Insurance – Auto/Bldg/Health

 

-0-

Advertising

 

    485.54

Uniforms

 

    349.93

Training/Schools/Travel

 

 3,566.53

Miscellaneous:

 

        

    196.15

TOTAL EXPENSES

 

              132,250.81

 

         * New Vehicle   

 

5.         Financial Data  --  HISTORICAL

Month

 1999-2000

 2000-2001

 2001-2002

 2002-2003

 2003-2004

 2004-2005

 

 

 

 

 

 

 

 July

 $  50,606.73

 $   31,877.94

 $   44,639.10

 $   51,451.61

 $   54,670.83

 $   63,825.21

 August

 $  31,726.51

 $   31,554.10

 $   30,692.94

 $   28,955.55

 $   34,075.14

 $   35,102.25

 September

 $  24,760.37

 $   42,796.72

 $   30,904.83

 $   34,248.61

 $   38,755.45

 $   40,171.15

 October

 $  36,352.75

 $   32,435.01

 $   43,704.19

 $   37,954.19

 $   54,592.91

 $   40,828.03

 November

 $  28,251.26

 $   25,555.73

 $   31,017.90

 $   25,952.43

 $   29,546.54

 $   33,378.77

 December

 $  29,547.41

 $   25,206.71

 $   28,926.82

 $   31,009.13

 $   33,406.73

 $   33,166.01

 January

 $  37,820.13

 $   41,004.60

 $   44,951.29

 $   47,882.74

 $   58,991.30

 $   54,596.83          

 February

 $  30,393.81

 $   28,420.92

 $   31,312.46

 $   32,324.88

 $   34,415.40

 $   34,363.29

 March

 $  34,526.30

 $   31,047.21

 $   33,497.70

 $   34,883.28

 $   41,838.77

 $   41,386.21

 April

 $  34,619.11

 $   37,677.58

 $   38,645.64

 $   39,357.60

 $   40,472.18

 $   32,669.13

 May

 $  29,923.68

 $   27,828.08

 $   29,087.60

 $   33,273.71

 $   33,442.83

 $   42,623.93

 June

 $  36,723.19

 $   34,447.13

 $   27,902.88

 $   38,419.49

 $   40,893.79

 $   51,909.16

 

 

 

 

 

 

 

 TOTALS:

 $ 405,251.25

 $ 389,851.73

 $ 415,283.35

 $ 435,713.22

 $ 495,101.87

 $ 504,019.97