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Bozeman Parking Commission
POLICY 2017-01: Rate Setting
Adopted by BPC Resolution 2017-01 on 3/9/2017
Adopted by Bozeman City Commission Resolution X-X on x/x/xxxx
The City of Bozeman operates the Parking Services Division as an enterprise fund, which requires
that charges for service should generate sufficient revenue to provide for the necessary operating
and capital expenditures in the division. To assure that the rates charged for parking services
keep pace with local demand, market conditions, and are adequate to support the enterprise fund,
the Bozeman Parking Commission has established a schedule for the annual study and possible
adjustment of parking rates, both on and off street, within their jurisdiction.1
In evaluating parking rates, the Bozeman Parking Commission will consider several factors, to
include:
Current and projected operating costs, and planned capital expenditures, to include the
acquisition and development of additional parking;
Ensure that the existing parking supply is utilized in an efficient manner;
Market demand within the respective areas, both separately and as a combined system;
Meaningful comparison to the rate structures of other benchmark communities;
In order to perform an accurate analysis of parking system rates, and the factors above, the
Parking Services Division will conduct a timely inventory and study of current amounts of parking
occupancy and duration of stay. A threshold indicator that might substantiate parking rate
adjustment would be the industry standard of sustained occupancies at/in excess of 85%.
The Bozeman Parking Commission will conduct its review of all off-street, and on-street, parking
rates from November to January, with final rate setting action expected by their February meeting.
The rate review process shall include the following:
o Surface Lot Lease Rate
o Garage Lease Rate
o Garage Transient Rate
o Citation Fees (in consultation with the Bozeman Police Department).
o Residential Permit Fees
Residential Citation Fees; in consultation with the Bozeman Police
Department.
1 This is consistent with recommendations in the Strategic Parking Management Plan completed by Rick Williams Consulting, for the
City of Bozeman, in July 2016.