New Rates July 1, 2015
To Our Valued Patrons:
The Parking Fund’s revenues from monthly and daily parking are used to fund all operating expenses of our system, address all capital improvements, and to fund the cost to expand the parking system for the benefit of downtown. These revenues are not part of the overall taxpayer funded General Fund of the City.
Over the past year we have updated and finalized a 5 Year Comprehensive Maintenance Plan for our parking facilities which was used during the FY 2016 budget planning process to direct the spending needs of our parking system. The types of projects included in the plan are elevator modernization, equipment upgrades, and preventative maintenance work on our parking structures.
City Council has approved Rate Adjustments which are intended to begin to fund the needs listed in this 5 year plan in addition to the ongoing operating expenses of the system. PARK Roanoke has not had comprehensive rate adjustments in 9 years. These rates will become effective July 1, 2015. Here is a downloadable New Rates July 1, 2015 brochure.
We appreciate your patronage and look forward to continuing to serve you. Please contact us if you have any questions.
PARK Roanoke Management