Church Street Marketplace Commission

Downtown Parking Update APRIL 15, 2026 Agenda & Goal ▪FY25 DID allocation ▪ 2 Hours Free DTG ▪ Free Employee Parking Program ▪Occupancy/Revenue ▪What’s next? ▪GOAL: Have a better understanding of what business owners need moving forward and how parking can help DID Rate Fiscal Year DID Amount Tax Rate 2025 $114,995.00 $0.035/$100 2024 $159,733.00 $0.035/$100 2019 $302,043.53 $0.07/$100  FY25 DID Assessment Allocation FY25 DID Assessment Allocation Programs supported by the Downtown Improvement District DID Tax Contribution Program Cost Future Estimated Program (Estimated) (Estimated) % Subsidy Program Cost 2 Hours Free Parking at the Downtown Garage $114,995 125,336 92% $100,000 Free Employee Parking* (Restaurant/Retail Only) $0 $595,200 0% $500,000 Total $114,995 $720,536 15% 20% *The "Free Employee Parking" program was expected to be financially sustainable based on increased revenues at the MPG with the removal of "2hrs Free." However, revenues realized are running at about $200K (less than a third of expected based on pre-pandemic opportunity cost of "2 hrs Free") threaten the viability of the program, which is estimated to cost ~$892,800. This graph shows an estimate of 2/3 this cost based on estimated usage. 2 Hours Free Parking – Downtown Garage ▪62,668 Transactions utilized ▪ Increased from 57,260 last year ▪>10,000 different license plates ▪There will be a change without the High School in FY27 Free Employee Parking Program ▪ Currently 744 Active permits ▪65 Employers sending monthly lists in ▪This program needs to change – but how? Half Price Permits Available ▪6 Months at half Price ▪No limit to the number of permits available ▪Have offered this for ~1 year, 0 businesses have taken advantage. On Street Revenues: Seeing Progress year/year retail, no meterbags On Street Revenues: Seeing Progress year/year retail, no meterbags Garage Occupancy: Steady, Very Slow Recovery Average Monthly Occupancy Downtown Garage Occupancy MPG Occupancy 55% 0.55 50% 0.5 0.45 45% 0.4 40% 0.35 35% 0.3 30% Financial Impact Traffic Fund (264) Received a grant to upgrade Signals along Main Street, East of Great Street project Ended FY25 with net positive revenue, adding to fund balance Parking Facilities Fund (265) $750K loan in year one of repayment, will be paid in FY28 $2.5M RAN being paid by net positive performance the last 2 FYs Miscellaneous General Status of garages ◦ Security – New security team! ◦ Elevators – a work in progress ◦ Painting the stairwells Kiosk in Library Lot What’s next? ▪What would be the best thing for your business and revitalization? ▪Half price employee parking promo Downtown Parking Update Church Street Marketplace F Y 2 7 B U D G E T P R E SE N TAT I ON A P R I L 2 0 26  Overview •Common Area Fees: Requesting fees increase by 1% to $3.05/sqft from $3.02/sqft in FY 26. If request is accepted, fees will have risen by 6% over the past 10 years. •Modest Cushion: Overall budget reflects $1,256,810 in revenue (this will help with any unexpected expenses). Roughly 60k in cushion at the moment, but there are still some unknowns. •Healthcare & Cost of Living: Increases for these two areas are still being negotiated with the Union. We won't know the final amount until June. Realistic assumptions were used in consultation with DFA. •Rent Revenue: New lease agreements for 64 Church and 180 Church have led to an additional 10k in projected annual rent revenue. •City Reimbursement: The City will continue to reimburse CSM $221k for maintenance expenses. •Reduced Fundraising Goal Remains: A more realistic fundraising goal of $80k reflects reality of corporate donations shifting from public events to social services organizations.  Revenue FY26 vs. FY27 Operational Operational City General Fund, City General Fund, Revenue, 14% Revenue, 14% 18% 18% Corporate Corporate Sponsorships, 6% Sponsorships, 6% FY26 FY27 Common Area Common Area Fees, 62% Fees, 62% FY26 revenue projected = $1,247,175 FY27 revenue = $1,256,810 Operational Revenue: Café Fees, Obstruction Fees, Busking Permits, Retails Tent Fees City General Fund: 221K Common Area Fees: 1% increase will grow the CAF to $775,710, roughly $7,500 more than FY 26  Expense FY26 vs. FY27 FY26 expense = $1,213,104.00 FY27 expense = $1,190,328.00 Fees to City: FY27 still being finalized – used historical rate of increase for projection. Admin Overhead: Decreased in the wake of the merger, especially for items like Rent, Office Supplies, Postage, etc. Maintenance: No anticipated vehicle purchase this year. Purchased a new trash truck and plow within the past couple of years. Staff Salary Breakdown Name Title Percentage billed to CSM Samantha Director 50% Jess Marketing Manager 50% Isa Marketing Specialist 50% Aida Project & Event Coordinator 50% Andrew Church St. Marketplace Coordinator 100% Jim Supervisor of Maintenance 100% Bruce Marketplace Maintenance Worker 100% Gabe Marketplace Maintenance Worker 100% Questions & Comments Full GL Account Description 2027 Proposed Budget 230-33-000.4100_120 Licenses And Certificates Culture & Recreation 35,000.00 230-33-000.4240 Obstruction Fee 1,500.00 230-33-000.4242 Sidewalk Cafe Fees 97,000.00 230-33-000.4245 Common Area Fees 775,710.00 230-33-000.4275 Rent & Lease 40,000.00 230-33-000.4825_155 Interdepartmental Interest on Pooled Cash 600.00 230-33-000.4990_100 Interfund Transfer Proceeds General Fund 200,000.00 230-33-000.5000-100 Salaries and Wages Regular, Full Time 51,940.00 230-33-000.5000_115 Salaries and Wages Seasonal/Temporary - 230-33-000.5100 Overtime 1,000.00 230-33-000.5200_115 Other Personnel Services Other Compensation 300 230-33-000.5200_120 Other Personnel Services Shift Differential 100 230-33-000.5200_130 Other Personnel Services Allowance Taxable 400 230-33-000.5400_100 Employee Benefits FICA 4,111.00 230-33-000.5400_115 Employee Benefits Retirement B 5,997.00 230-33-000.5400_120 Employee Benefits Workers Compensation 958 230-33-000.5400_125 Employee Benefits Health Insurance 19,654.00 230-33-000.5400_130 Employee Benefits Dental Insurance 753 230-33-000.5400_135 Employee Benefits Life Insurance 120 230-33-000.5400_145 Employee Benefits Employee Parking 2,000.00 230-33-000.5400_150 Employee Benefits Recognition 1,000.00 230-33-000.6000 Office Supplies 1,500.00 230-33-000.6000 Postage 100.00 230-33-000.6203 Dues/Subscriptions 1,000 230-33-000.6211 Specialized Equipment - 230-33-000.6400_125 Utilities Telecommunications 1,200.00 230-33-000.6400_127 Utilities Cellular Communications 4,000.00 230-33-000.6500_112 Professional and Consultant Svs Audits - Melanson - 230-33-000.6700_100 Travel & Training Education 2,000.00 230-33-000.6700_110 Travel & Training Travel Expense 1,000.00 230-33-000.6800_140 Fees for Services Hospitality Expense 1,200.00 230-33-000.7200_100 Capital Leases Property - 230-33-000.7200_115 Capital Leases Equipment 489.00 230-33-000.7230_105 Insurance General 10,500.00 230-33-000.7230_107 Insurance Property - 230-33-000.7230_115 Insurance Claims and Expenses 2,000 230-33-000.8015 Indirect Fees 75,000.00 230-33-000.8017 Indirect Fees - City Attorney 16,000.00 230-33-000.8095 Interest On Pooled Cash - 230-33-390.4345 Advertising Revenues 4,000.00 230-33-390.4600_120 Fees For Services Culture & Recreation 2,000.00 230-33-390.4950_115 Donations Corporate 80,000.00 230-33-390.4952 Revenue - Other - 230-33-390.4990_100 Interfund Transfer Proceeds General Fund - 230-33-390.5000_100 Salaries and Wages Regular, Full Time 176,333.00 230-33-390.5000_115 Salaries and Wages Seasonal/Temporary 5,000.00 230-33-390.5100 Overtime 6,500.00 230-33-390.5200_115 Other Personnel Services Other Compensation 2,000.00 230-33-390.5200_120 Other Personnel Services Shift Differential 200 230-33-390.5200_130 Other Personnel Services Allowance Taxable - 230-33-390.5400_100 Employee Benefits FICA 14,537.00 230-33-390.5400_115 Employee Benefits Retirement B 21,985.00 230-33-390.5400_120 Employee Benefits Workers Compensation 3,594.00 230-33-390.5400_125 Employee Benefits Health Insurance 50,763.00 230-33-390.5400_130 Employee Benefits Dental Insurance 1,946.00 230-33-390.5400_135 Employee Benefits Life Insurance 516 230-33-390.6000 Office Supplies - 230-33-390.6005 Postage 100.00 230-33-390.6202 Printing/Copying/Paper Mgt 12,000.00 230-33-390.6203 Dues/Subscriptions 8,000.00 230-33-390.6208 Special Supplies 2,500.00 230-33-390.6211 Specialized Equipment 1,000.00 230-33-390.6325 Items For Resale - 230-33-390.6350 Legal Notice & Advertising 60,000.00 230-33-390.6500_103 Professional and Consultant Svs Security Contracts 8,000.00 230-33-390.6500_118 Professional and Consultant Svs Contractual Services 35,000.00 230-33-390.6500_142 Professional and Consultant Svs Marketing and Promotion 20,000.00 230-33-390.6500_162 Professional and Consultant Svs Performers 18,000.00 230-33-390.6800_140 Fees for Services Hospitality Expense 1,000.00 230-33-390.7225_100 Provisioning Internet - 230-33-391.4875_125 Grants Federal Capital Direct - 230-33-391.4990 Interfund Transfer Proceeds 21,000.00 230-33-391.5000_100 Salaries and Wages Regular, Full Time 206,107.00 230-33-391.5000_115 Salaries and Wages Seasonal/Temporary 10,000.00 230-33-391.5100 Overtime 30,000.00 230-33-391.5200_115 Other Personnel Services Other Compensation 3,000.00 230-33-391.5200_116 Other Personnel Services Longevity Pay 673 230-33-391.5200_120 Other Personnel Services Shift Differential 600 230-33-391.5200_130 Other Personnel Services Allowance Taxable 1,200.00 230-33-391.5400_100 Employee Benefits FICA 19,246.00 230-33-391.5400_115 Employee Benefits Retirement B 20,105.00 230-33-391.5400_120 Employee Benefits Workers Compensation 3,376.00 230-33-391.5400_125 Employee Benefits Health Insurance 50,763.00 230-33-391.5400_130 Employee Benefits Dental Insurance 1,946.00 230-33-391.5400_135 Employee Benefits Life Insurance 516 230-33-391.6030 Vehicles and Trucks 5,000.00 230-33-391.6206 Custodian Supplies 15,000.00 230-33-391.6208 Special Supplies - 230-33-391.6211 Specialized Equipment 4,000.00 230-33-391.6212 Fuel 2,000.00 230-33-391.6214 Clothing And Uniforms 2,000.00 230-33-391.6300_105 Repair & Maintenance Vehicle Maint Supplies 10,000.00 230-33-391.6300_140 Repair & Maintenance Salt 15,000.00 230-33-391.6400_100 Utilities Electricity 15,000.00 230-33-391.6400_115 Utilities Water/Wastewater 3,500.00 230-33-391.6400_120 Utilities Rubbish Removal 10,000.00 230-33-391.6500_118 Professional and Consultant Svs Contractual Services 45,000.00 230-33-391.6500_121 Professional and Consultant Svs Contractual Snow Removal 63,000.00 230-33-391.6615 Property Repairs - 230-33-391.9500 Capital Outlay - Total Revenue 1,256,810.00 Total Expenses 1,190,328.00 Grand Total 66,482.00 To: Church Street Marketplace Commission From: Samantha McGinnis, Director Date: April 6, 2026 Re: Common Area Fees for 2026 Background: In March 1992, Burlington’s City Council resolved that the common area fees for the Church Street Marketplace shall be allocated on the basis of total ground floor square footage of buildings within the four blocks of the Marketplace, and that this method of allocation shall be fixed in order to provide predictability, stability and foster long-term planning and investment by property owners in the Marketplace. Each year, the Church Street Marketplace Commission votes on the fee rate for the upcoming fiscal year. This rate is then brought forth to City Council no later than June 15th of each year with at least 12 days’ notice to interested parties including the time, place and schedule of all proposed common area fees. Between fiscal year 2017 through 2023, this rate was $2.87. In fiscal year 2024, the commission voted to increase the fee by 5% to $3.02 per square foot. This rate remained flat for fiscal years 2025 and 2026. The fiscal year 2026 common area fees brought in $768,075.00 for the Marketplace budget, about 60% of total revenue for the department. There has not been an increase in three-years to the common area fees. Common area fees have note increased in three years. In order to keep up with inflation and increased staffing costs, Marketplace staff recommends increasing common area fees by 1% for fiscal year 2027. This would increase the common area fee to $3.05 per square foot and total revenue to $775,709.59. Recommended Action: Staff recommends a 1% increase in the Common Area Fees for fiscal year 2027 to $3.05 per square foot.