City of Surrey's 2024-2028 Financial Plan

UTILITY OVERVIEW PARKING AUTHORITY

MISSION STATEMENT To provide a range of parking options and choices for resident, business and transit needs, and effectively manage the demand for on and off-street parking facilities in an innovative and cost effective manner. As well, to develop policy and infrastructure support of new mobility technologies such as Electric Vehicles, Automated Vehicles, and micro-mobility options. KEY PROGRAM AND SERVICES The Parking Authority Utility is a self-funded program that involves planning, managing and regulating the City’s on and off-street parking assets, employing leading edge technologies such as license plate recognition and mobile payment options. All aspects of parking are handled through this team including the development of parking standards, parking signage, pay parking, parking lot enforcement, and the City’s Electric Vehicle (“EV”) charging network. This section also administers the contracts that provide transit shelters, bus benches and digital media signs, all of which generate revenue to support transportation infrastructure throughout the City.

2023 ACCOMPLISHMENTS

ECOSYSTEMS

• Completed design work for four proposed BC Hydro Fast Chargers hub locations (North Surrey Ice, Surrey Sport & Leisure, Guildford Recreation Centre, Surrey Arts Centre) to provide minimum 40 dual connector Level 3 charging ports with output capacity of minimum 100 kWh each; and • Achieved the public EV charging network’s highest utilization in 10 year operating history, with 666,339 kWh transferred, 49,740 charging sessions, and 433 provincial carbon credits over 105 ports.

• Installed six Level 2 charging ports at the Cloverdale Town Centre public parking lot (5829 176A Street) in collaboration with and financial support from Cloverdale Business Improvement Association; • Added a third L2 charging port to the Hawthorne Park public parking lot (10503 144 Street) utilizing Clean BC funding; • Converted 142 on-street parking spaces in new Hospital Zone North to Virtual Payment zones and decommissioned 20 parking paystations in other locations reducing expenses related to supply/ maintenance, and coin transport/ processing;

City of Surrey | 2024—2028 Financial Plan | Utilities Operating Fund | Parking

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