TL;DR (generated · confidence: high)

PBOT is ramping up Parking Enforcement with 22 new hires to double net citation revenue to $7.8 million annually. Permit parking revenues are recovering, but a significant downward adjustment of $5.2 million was made to TSUP forecasts. The Parking Facilities Fund faces budget shortfalls delaying loan repayment. General Fund contributes $25,640 annually for Director Park spaces, receiving an 8% reduction in FY 2025-26. Discretionary expenses encompass programmatic spending, debt service (Sellwood Bridge, Portland Milwaukie Light Rail, Pension Obligation Bonds), contingency reserves, and citywide overhead.

Key points (each cites a PDF page):

PBOT ramping up Parking Enforcement to 22 new hires to roughly double net citation revenue from post-COVID lows to $7.8 million per year (p. 1399)
TSUP revenue forecast reduced by approximately $5.2 million per year to align with actual receipts; five-year projections kept relatively flat (p. 1399)
Parking Facilities Fund facing budget shortfalls; loan repayment from General Transportation Resources delayed until final two years of forecast (p. 1399)
General Fund annual contribution of $25,640 for on-street spaces removed for Director Park receiving 8% reduction in FY 2025-26 (p. 1399)
Discretionary expenses categorized as: programmatic expenditures, debt repayment, reserves and contingency, and citywide overhead charges (p. 1399)

💰 $7.8 million · $5.2 million · $25,640 · 👥 22 new hires · 📋 Parking Enforcement · Area Permit Parking Program (APPP) · Temporary Street Use Permits (TSUP) · Director Park · 🏛️ PBOT

Discretionary Expenses

Source: PDF p. 1399 · raw: 1399

Breadcrumb: 6 pw › PW---FYFP---ALL_0 › Executive Summary › Discretionary Revenue › Discretionary Expenses

violations). Citation figures recovered to around 40-50% of pre-COVID levels by fall 2020 before leveling off. As part of a Decision Package authorized in the FY25 budget, PBOT has begun ramping up its Parking Enforcement FTES until it reaches the authorized number of 22 new hires. The bureau estimates that the addition of the new enforcement officers will roughly double its net citation revenue from post-COVIDS lows and level off at $7.8 million per year. Permit Parking Permit Parking is the aggregate of several revenue streams. PBOT’s Area Permit Parking Program (APPP) and Special Permit revenue continue to recover in a manner similar to parking meter revenues. In contrast, the reserved parking program, known as Temporary Street Use Permits (TSUP), is driven by short-term use permit (e.g., a wedding caterer reserving spaces for a day); and development-driven forces (e.g., blocking the frontage of a construction site). A very significant true- up was required in the current budget cycle to bring the bureau’s TSUP forecast in line with PBOT’s actual revenue receipts. The effect was to drop revenue projections by about $5.2 million per year, thereby keeping projections relatively flat on average over the five-year forecast. Parking Garages Garage revenues, like on-street meters, have seen a dramatic and sustained reduction since March 2020. As an enterprise fund, the Parking Facilities Fund is obligated to address the operation and maintenance of its facilities. Due to projected budget shortfalls in the Parking Facilities Fund, the repayment of loans received from General Transportation Resources is not expected until the final two years of the 5-year forecast. General Fund resources from the City are limited to an annual contribution of $25,640 to offset revenue losses from on-street parking spaces removed to create Director Park. This ongoing transfer is expected to receive an 8% reduction in FY 2025-26 due to General Fund shortfalls. Not included in this total are General Fund contributions to non-discretionary programs, including the construction of ADA ramps to comply with the City’s CREEC settlement, streetlight operations and contributions from the General Fund’s capital set-aside. Discretionary Expenses Table 3 shows PBOT’s five-year forecast of expected revenue and expenses supported by General Transportation Revenue (GTR). Components of PBOT’s discretionary expenses include: Programmatic Expenditures support the bureau’s day-to-day operations and maintenance activities, as well as capital project expenditures. Repayment of Debt includes debt service payments for Sellwood Bridge, Portland Milwaukie Light Rail, Pension Obligation Bonds, and other debt funded projects. Reserves and Contingency includes the bureau’s storm contingency funds and payments for Portland Harbor, streetcar replacement, transportation reserve funds, transit mall maintenance, and parking meter replacements. Citywide Overhead Charges includes contributions for Citywide administrative costs. 6

Parent: Discretionary Revenue · PDF: p. 1399