The Stillwater City Council is expected to approve the Downtown Parking Commission’s revised recommendation to address the downtown parking lots budget deficit during Tuesday’s meeting at City Hall.
The Parking Commission’s revised recommendation to close the downtown parking system’s budget deficit includes:
- Raising the monthly business parking permit fee from $10 to $20.
- Increasing the monthly downtown residential parking permit fee from $10 to $20.
- Raising parking violation fines from $15 to $25.
According to city records, the downtown parking lot system has an average budget deficit of $25,000 per year.
During the March 3 City Council meeting, the council reviewed the Downtown Parking Commission revised proposal to increase the fee for Downtown Business Parking Permits from $10 per month to $15 per month.
After discussion, the council agreed to send the proposal back to the Downtown Parking Commission to consider increasing the business parking permits from $10 to $20 to be consistent with the increase for Downtown Residential Parking Permits.
Downtown Parking Commission passed a 3-2 vote on March 19, recommending the increase from $10 per month to $20 per month.
The resolution will put an end to the city’s discussion of converting downtown parking lots to pay lots, for now.
The resolution is expected to pass during the consent agenda.
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