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HomeMy WebLinkAboutStaff Report 9325 City of Palo Alto (ID # 9325) Policy and Services Committee Staff Report Report Type: Action Items Meeting Date: 6/21/2018 Summary Title: Parking Funds Audit Status Update and Fund Consolidation Title: Staff Recommendation That the Policy and Services Committee Recommend the City Council Accept the Status Update on the Audit of Parking Funds and Approve Consolidation of Residential Parking Funds From: City Manager Lead Department: Planning and Community Environment Recommended Motion Staff recommends that the Policy and Services Committee recommend that the City Council: a.) accept the attached Status of Audit Recommendations regarding the Audit of Parking Funds, and; b.) approve the consolidation of residential parking programs into a single non- revenue neutral fund. Background In December 2015, the City Auditor’s Office issued an audit of parking funds (Staff report 6404). The purpose of the audit was to determine if the City’s parking in‐lieu and parking permit fees are collected, accounted for, and used in accordance with applicable laws, regulations, policies, and governing documents. Staff members from Planning and Community Environment, Administrative Services, Public Works, the City Attorney’s Office, Police, and Community Services have jointly worked to address the recommendations. To ensure the continuity of improvements, a workgroup was formed consisting of staff from these departments. This group meets at least quarterly to create high level procedures that establish roles and responsibilities for budgeting and parking fund management. Staff reported on audit status to the Policy and Services Committee in November, 2017. At that time, of the eight recommendations identified in the audit, five had been completed, two required ongoing work (recommendations 2.1 and 2.2), and one (recommendation 1.5) was expected to be complete when the new downtown parking garage is constructed. City of Palo Alto Page 1 Discussion With the workgroup’s successful completion of the Fiscal Year 2019 proposed parking budgets, recommendations 2.1 and 2.2 are now considered complete. The workgroup will continue to pursue the remaining recommendation (recommendation 1.5): creating necessary procedures to ensure appropriations, funding sources, and capital expenses are accurately and completely tracked during the life of each new parking garage CIP project. The role of the workgroup and the status of these audit recommendations are covered in more detail in Attachment A. The staff recommendation also includes a change to the manner in which staff administers the RPP fund. The parking audit recommended and staff implemented separate accounts for each RPP. This change however, has resulted in additional administrative challenges that have complicated implementation of this audit objective. Alternatively, staff requests approval to combine these RPP accounts and to do so in a manner that allows Council to track data for each individual district. The City Auditor has reviewed and supports this recommended change. This fund will not be revenue neutral so that the city can adjust parking permit rates based on city policy to discourage employees from parking in residential neighborhoods. Attachments:  Audit status update parking funds June 2018 City of Palo Alto Page 2