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Parking Enterprise Fund Updates for Meters and Structures <br />March 18, 2025 <br />Page 4 <br />scheduling of a work study session during the City Council meeting on February 18, <br />2025. <br />The recommended actions will allow the City to generate revenue, as parking has taken <br />general fund subsidies in the last five (5) years in the total amount of $9.5 million <br />dollars. <br />FISCAL IMPACT <br />There is no fiscal impact at this time. <br />Submitted By: Michael L. Garcia, Executive Director of Community Development <br />Approved By: Alvaro Nunez, City Manager <br />City Council 16 — 4 3/18/2025 <br />