COS Financial Plan 2018 - 2022

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 while ensuring the safe and efficient movement of pedestrians, cyclists and motorized vehicles. 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 “smart” pay stations. All aspects of parking are handled through this team including the development of parking standards, parking signage, pay parking, parking lot enforcement, truck parking 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.

2017 ACCOMPLISHMENTS

BUILT ENVIRONMENT & NEIGHBOURHOODS

 Worked with schools and Parent Advisory Committees at 29 schools to improve safety and operation of school parking and pick-up/drop-off, and provided maps for parents and staff clarifying parking availability and regulations.

ECONOMIC PROSPERITY & LIVELIHOODS

 Developed an electric vehicle (EV) charging vision and strategy including service and revenue options; and

 Reviewed City Centre off-street parking supply and utilization to enable updates to parking requirements in 2018.

INFRASTRUCTURE

 Expanded bus bench inventory to 850 units across the city.

the future lives here.

2018-2022 Financial Plan

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