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Auburn projecting $70K loss in parking revenue for 2018-2019

The city of Auburn has proposed hiring a new attendant at the Lincoln Street parking garage, yet is forecasting a $70,000 loss in parking revenues from the current fiscal year.

According to the preliminary 2018-2019 city budget, the city expects to collect $405,000 in parking fees from off- and on-street parking meters, parking garage fees and parking permits. During the 2017-2018 fiscal year, which will end June 31, the city budgeted for $475,000 in parking revenue. In 2016-2017, the city actually collected around $415,500 from parking fees.

City Treasurer Robert Gauthier stressed the revenue loss has been estimated "conservatively."

The Citizen:
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