Page 81 - FY 2022-23 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Franchise Income - Official Police Garage
(Thousand Dollars)

2018-19 2019-20 2020-21 2021-22 2022-23
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 222 253 143 245 327 82 327 245
AUGUST 282 260 150 245 138 (107) 138 245
SEPTEMBE 202 266 93 245 318 73 318 245
OCTOBER 273 282 143 245 224 (21) 224 245
NOVEMBER 265 156 141 245 367 122 367 245
DECEMBER 152 294 117 245 154 (91) 154 245
JANUARY 283 224 178 245 379 134 379 245
FEBRUARY 217 241 265 245 208 (37) 208 245
MARCH 275 200 240 245 418 173 418 245
APRIL 223 265 593 245 245 245
MAY 324 127 192 245 245 245
JUNE 218 125 376 245 245 245
TOTAL $ 2,935 $ 2,692 $ 2,631 $ 2,940 $ 3,270 $ 2,940
% Change 0.7% -8.3% -2.3% 11.7% 24.3% -10.1%
2018-19 2019-20 2020-21 2021-22 2022-23
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 222 253 143 245 327 82 327 245
AUGUST 504 513 293 490 465 (25) 465 490
SEPTEMBE 706 778 387 735 783 48 783 735
OCTOBER 979 1,060 530 980 1,008 28 1,008 980
NOVEMBER 1,244 1,216 671 1,225 1,375 150 1,375 1,225
DECEMBER 1,396 1,510 788 1,470 1,529 59 1,529 1,470
JANUARY 1,679 1,734 966 1,715 1,908 193 1,908 1,715
FEBRUARY 1,896 1,975 1,231 1,960 2,116 156 2,116 1,960
MARCH 2,170 2,175 1,470 2,205 2,535 330 2,535 2,205
APRIL 2,393 2,440 2,063 2,450 2,780 2,450
MAY 2,717 2,567 2,255 2,695 3,025 2,695
JUNE 2,935 2,692 2,631 2,940 3,270 2,940

Franchise income is a fee of 7 percent of an Official Police Garage operators revenue from towing fees, storage
fees and vehicle lien processing fees from impound requests from the Police and Transportation departments. As
the number of impounds declines, operator revenue and franchise fee revenue declines accordingly. Changes in
the Police Department's impound policy for unlicensed drivers significantly reduced the number of impounds,
attendant fees and franchise revenue in 2012-13. Since then, receipts have remained stable until the pandemic.
2020-21 actual receipts reflect both the drop in parking demand and relaxed parking enforcement, although
receipts have not declined to the same extent as other parking related revenues. The 2021-22 estimate reflects
growth in this revenue. The 2022-23 estimate assumes a return to pre-pandemic receipts.
Official Police Garage Franchise Income - 12-Month
Moving Sum
(Million Dollars)
4
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-Actual
1.5 -
□ Adopted Revenue
1 - • Estimated Revenue
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0
12 13 14 15 16 17 18 19 20 21 22 23
Fiscal Year Ending
69