Santa Barbara downtown parking fees could see significant changes this year as the city grapples with dwindling parking department funds. A recent city report revealed that at the current pace, these funds will be depleted by next year, forcing the city’s general fund to cover the shortfall amidst a projected $7-million deficit.
To generate more revenue, proposed fee changes include the addition of parking meters in the downtown core area. The finance committee, comprised of three City Councilmembers, reviewed the figures and public feedback on Tuesday. They have decided to present the proposal to the full council for discussion at a special budget meeting on May 15.
City staff had foreseen this financial challenge years ago but hesitated to address it publicly. While the city previously had reserves to offset the parking fund deficit, those reserves have now been exhausted.
Downtown Team Manager Sarah Clark acknowledged the resistance to increasing parking fees but highlighted the need to find sustainable solutions. The finance committee identified various options, including different pay periods for parking garages and surface lots, a $10 limit for all-day parking in certain areas, and discounts for downtown employees.
City Councilmember Megan Harmon praised the staff for finding ways to make parking more affordable for locals while ensuring sustainability. The question of increasing downtown activity to boost revenue was also raised as a potential solution.
As the city prepares for potential changes to downtown parking fees, residents are encouraged to stay informed by visiting the City of Santa Barbara Parking report for updates.
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