Paid Parking Demo_Planning 102312

7/31/2019 Paid Parking Demo_Planning 102312

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Paid Parking Demonstration

Six Month Status Report

Todd PleskoVice President

Planning & Development

October 23, 2012


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Purpose of Demonstration

Manage park and ride lot capacity through

pricing.

Address the equity issue of providing transit

capacity for non-service area users.

Increase net transit revenue from paid parking.

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Other Purposes for the Demonstration

What are the unintended consequences of non-

resident paid parking?

Impact on adjacent free lots

Impact on adjacent commercial lots

Impact on transit ridership

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4/23

Park & Ride Lot Usage in 2008

At the Peak of Gasoline Price Spike

4

Location

TotalSpaces

ParkedVehicles atpeak hour

Percent Occupiedin Sept. 2008

Downtown Garland Station 710 866 122%

Glenn Heights Park & Ride 339 403 119%

Parker Road Station 1,566 1,608 103%

PGBT Station 778 797 102%

Westmoreland Station 693 563 81%

Total 4,086 4,237 104%


5/23

Initial DART Response to Demand Spike

Capital investment to expand parking:

Parker Road Station added 510 spaces

George Bush Station added 415 spaces

N. Carrollton Station added 700 spaces

Glenn Heights Station added 204 spaces

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Implementation of

Non Resident Paid Parking Demonstration in 2012

Parker Road StationApril 2012

N. Carrollton-Frankford StationApril 2012

NW Plano Park & Ride July 30, 2012 Belt Line StationScheduled for Dec. 3, 2012

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How did non-resident paid parking impactvolume of service area resident registration?

10/19/2012 7

1754

990

432374

273 310 291

0

500

1000

1500

2000

2500

3000

Vehicles

Registered

Residents

Registered

4133 -- Residents registered

6198 -- Resident vehicles registered

Parker Road Resident Registration

597

310

133106

93 81 80

0

200

400

600

800

1000

1200

Vehicles

Registered

Residents

Registered

N. Carrollton Frankford Resident Registration

1400 -- Residents registered

2187 -- Resident vehicles registered


8/23

Impact of Paid Parking at Parker Road Station

8

1,840

1,564

1,457

1,3581,288

1,2391312

1,012

574

828738

-

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12

Total in Use

Paid Non Residents

Residents

Parker Road

Station

Paid parkingBegan at

Parker Rd

Decline of 448 Non

Resident Vehicles

between March andSeptember.


9/23

Impact of Paid Parking at Parker Road Upon

Availability of Parking at George Bush Station

9

Paid parking

Began atParker Rd

755

1,0311,004

947990

1,044

1,138

438

162189

246203

150

550

200

400

600

800

1000

1200


Parking Spaces in Use

Vacant Spaces

George Bush Station

Increase in 383

Vehicles between

March and

September


10/23

Impact of Paid Parking at N. Carrollton-Frankford Station

10

529

412

366 366352

365

407

317

128

165

-

100

200

300

400

500

600


Total In Use

Residents

Non Residents

Decline of152 Non

Resident

Vehicles

Non Resident

Paid ParkingBegan


11/23

Impact of Paid Parking at N. Carrollton-Frankfordupon Parking Availability at Trinity Mills

11

369

537

494 494

-

100

200

300

400

500

600


In Use

Parking Available

Increase in 168

vehicles between

March &

September

Paid Parking

Began at NorthCarrollton


12/23

Net Financial Impact of Non-Resident ParkingAfter 6 Months of the Demonstration

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Parker,Carrollton,NWPlano Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Total

Revenue ($) 38,875 35,120 35,268 30,099 34,353 39,033 212,748

Expenses ($) 74,355 47,776 41,114 34,369 43,194 35,742 276,550

ManagementFee($) 3,800 3,800 3,800 3,800 4,800 4,800 24,800

TotalExpenses ($) 78,155 51,576 44,914 38,169 47,994 40,542 301,350

Net Revenue (39,280) (16,456) 9,646) (8,070) (13,641) (1,509) (88,602)


13/23

Net Financial Impact of Non-Resident ParkingWithout Shift of Non-Residents to George Bush and Trinity Mills

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Parker,Carrollton,NWPlano Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Total

Revenue ($) 56,715 52,960 53,108 47,939 52,193 56,873 319,788

Expenses ($) 74,355 47,776 41,114 39,901 46,957 39,653 289,756

ManagementFee ($) 3,800 3,800 3,800 3,800 4,801 4,802 24,803

TotalExpenses ($) 78,155 51,576 44,914 43,701 51,758 44,455 314,559

Net Revenue (21,440) 1,384 8,194 4,238 435 12,417 5,229


14/23

Summary Points after 6 Months

Non-residents shifting to free lots has reduced

approximately $100,000 in revenue during the first six

months.

Platinum has reduced costs by approximately 27% in

an attempt to adjust to lower revenue.

Despite reductions, it is unlikely that the program will

be able to break even without changes in the program.

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What are the cost percentages for the

paid parking demonstration?

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% Labor Related

Costs

63%% Equipment Costs

9%

% Credit Card Costs

6%

% Insurance Costs

7%

% Telephone

Expenses

2% % Fixed Fee

12%

% other

1%


16/23

Potential changes based upon

lessons learned

Expand to nearby lots to capture more non-resident

customers who have shifted.

Reduce costs further by spreading labor over morestations.

Reduce costs by using existing DART staff at ParkerRoad and Arapaho to register residents for Plano and

Richardson.

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Revenue Cost Analysis if Program is expanded and

Part of Registration taken over by DART

Lots Carryover

Losses

Dec.

12

Jan

13

Feb

13

Mar 13 April

13

May

13

June

13

July

13

Total

Parker 23,000 19,937 19,937 18,940 18,940 18,940 18,940 18,940 158,572

Carrollton 12,000 7,979 7,979 7,580 7,580 7,580 7,580 7,580 66,257

NW Plano 2,800 2,800 2,800 2,800 2,800 2,800 2,800 2,800 22,400

Trinity Mills 5,669 5,669 5,386 5,386 5,386 5,386 5,386 38,549

G. Bush 13,608 13,608 12,928 12,928 12,928 12,928 12,928 95,534

Belt Line 17,000 14,078 14,078 14,078 14,078 14,078 14,078 14,078 115,546

Arapaho5,025 3,500 3,500 3,500 3,500 3,500 3,500 26,025

Total

Expenses

54,800 72,096 67,571 67,571 65,211 65,211 65,211 65,211 522,883

Revenue 48,000 81,000 84,000 84,000 86,000 86,000 86,000 86,000 645,000

Net-100,000 $ (106,800) (97,896) (81,467) $ (65,038) (44,249) (23,460) (671) 22,118

22,117

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Impact of Paid Parking

on Average Weekday Ridership on Red Line

2011 2012

Stations Before Paid Parking After Paid Parking % Change

Parker Road 2,995 2,941 -1.8%

Downtown Plano 599 601 0.3%

Bush Turnpike 1,122 1,228 9.4%

Total 6,727 6,782 0.8%

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Impact of Paid Parking

on Average Weekday Ridership on Green Line

2011 2012

Stations Before Paid Parking After Paid Parking % Change

N. Carrollton 1,317 909 -31.0%

Trinity Mills 649 978 50.7%

Downtown

Carrollton 466 531 13.9%

Total 4,443 4,430 -0.3%

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Lessons Learned After Six Months

Paid Parking is effective at shifting terminal stationdemand to next stations as an alternative to buildingmore supply.

Parking revenue has not exceeded expenses after sixmonths of operation even with substantial costreductions. Without changes, it may not exceed costs.

Platinums method of registering resident vehicles is an

effective method for residents to obtain free parking at apaid lot.

Paid parking does not appear to have caused a reductionin transit ridership during the demonstration.

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Unintended Consequences

Residents reacted positively to paid parking for non-

residents at Parker Road and N. Carrollton Stations.

Residents at next station in reacted negatively to theincreased usage at George Bush and Trinity Mills.

Pricing at terminal stations caused disabled parkingto exceed supply at George Bush and Trinity Mills.

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Questions

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Paid Parking Demo_Planning 102312

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