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Att 3 Parking Meters PPT

City Council/Public Financing Authority
May 16, 2023

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Att 3 Parking Meters PPT
Meeting
May 16, 2023
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City Council/Public Financing Authority
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Text extracted from the city's file for reading and search. Open the original on huntingtonbeach.legistar1.com. That file is the official record.

Parking Meter Rates Review
May 16, 2023

Hourly Parking Rates Update
Hourly parking rates were last raised in 2021
Proposed market rate adjustments would increase hourly rates by $0.75 in the off-peak season and $1-1.25 in the peak season, depending on the parking zone A new Special Event rate of $2/hr is proposed for six (6) days per year, including July 4th, the two days immediately preceding and/or following as selected by the Director of Community & Library Services, and three (3) days of the Air Show.

Projected increase in annual General Fund revenue: $2,700,000 Meter Zone at 400 Main Street
42 additional metered spaces could be developed along the 400 block of Main Street Staff would proactively meet with local businesses to obtain feedback One-time meter purchase cost of $23,000
Projected increase in annual General Fund revenue: $148,000

Hourly Parking Rates Market Comparison Summary
CITY

OFF PEAK SEASON RATES

PEAK SEASON RATES
Newport Beach
October - April
May - September
Balboa-Newport Pier Areas
$1.15/hr to $3.40/hr
$1.15/hr - $3.40/hr
Balboa Business
$2.30/hr (up to 2 hrs);
$4.65/hr (up to 2 hrs);
$3.40/hr 3+ hrs
$5.80/hr 3+ hrs
Corona del Mar Main Beach Lot
$2.65/hr (weekdays)
None
$4.40/hr 6-9am;
$4.40/hr 6-9am; 6-10 pm
6-10 pm (weekends)
$7.05/hr 9am-6 pm (weekends)
$7.05/hr 9am-6 pm
Laguna Beach
Day after Labor Day - End of June
End of June - Labor Day
Downtown Area
$2.50/hr - $3.00/hr
$5.40/hr (3-hr limit)
Coastal Area
$2.50/hr
$3.00/hr (3-hr limit)
Huntington Beach - Current
Day after Labor Day - Friday prior to Memorial Day Weekend Memorial Weekend - Labor Day
Beach Area
$2.25/hr
$2.50/hr
Downtown Area
$2.25/hr
$3.00/hr
Huntington Beach – Proposed Standard Rate
Beach Area
$3.00/hr
$3.50/hr
Downtown Area
$3.00/hr
$4.00/hr
Huntington Beach –
Proposed Event Rate
Beach Area
$5.00/hr
$5.50/hr
Downtown Area
$5.00/hr
$6.00/hr

Recommended Actions
Adopt Ordinance No. 4292 Amending Huntington Beach Municipal Code Chapter 10.60 Relating to On-Street Parking Meter Zones If approved, adjustments to the hourly parking meter rates would take effect June 15th.

Questions?

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