Parking Public Open House - No Video/Audio Only

August 5, 2026 NOTICE TO THE PUBLIC TO: All Citizens and City Staff Notice is hereby given that the City’s Parking Division shall hold a Public Open House on Monday, August 24, 2026, at 5:30 PM in the City Hall Chambers, 1565 First Street, Sarasota, Florida. The purpose of the Open House is to provide the public with factual information regarding the City's Parking Ordinance and current parking operations, answer questions, and receive public input. City staff will present information on the City's parking program and recent parking initiatives to help foster an informed community discussion Comments and feedback received during the Open House will be collected and presented to the City Commission as part of the City Commission Workshop scheduled for Monday, August 31, 2026. All interested citizens, business owners, property owners, and stakeholders are encouraged to attend. Steve Cover Director of Planning

1 PARKING PUBLIC OPEN HOUSE MONDAY, AUGUST 24, 2026

2 Purpose & Overview 2 • Parking Inventory — Provide a clear picture of Sarasota’s on-street parking, parking garages and surface lots • Parking Demand — Understand when parking is needed, where people are coming from and how far they travel or walk • Parking Operations — Explain how the parking system is funded and managed • Parking Financials — Review the key financial factors, revenues, expenses and upcoming capital needs • Parking Ideas & Opportunities — Explore potential programs, strategies and funding approaches for the future • Public Input — Gather community feedback to help inform future parking decisions 2

3PITCH DECK3 3

4 ON-STREET PARKING • PARKING GARAGES • SURFACE LOTS Parking Inventory

5 On-Street Parking Area Pay Stationed 2 Hour 3 Hour No Time Restrictive Accessible Motorcycle Total Downtown Core 421 692 119 197 52 24 1505 Rosemary District* *Parking Study Underway 0 0 0 347 2 1 350 Bayfront 0 0 0 49 0 0 49 St. Armand’s 407 0 369 347 10 0 1133 Lido Key 0 0 0 186 8 0 194 South Village 0 235 0 37 5 0 277 Total City On-Street Parking Spaces 828 927 488 1163 77 25 3508 Source: City of Sarasota Parking Division; City staff analysis.

6 Parking Garages Spaces Accessible EV Spaces (Tenant Reserved) Total State Street Parking Garage 385 10 -32 362 Palm Avenue Parking Garage 726 13 4 -50 693 2nd Street Parking Garage 300 300 St. Armands Parking Garage 470 10 5 485 Total Parking Garage Spaces 1881 33 9 -82 1841 Source: City of Sarasota Parking Division; City staff analysis.

7 Surface Lots Time Restricted No Time Restrictive Accessible EV Spaces Total Downtown Core Surface Lot Parking* 264 27 13 2 306 Bayfront Surface Lot Parking 593 907 40 2 1542 St. Armands Lot Parking 274 7 2 283 Lido Key Lot Parking 225 368 13 606 Other Lot Parking** 461 925 53 2 1441 Total Surface Lots 1817 2227 126 8 4178 Source: City of Sarasota Parking Division; City staff analysis. *1st Street, City Hall Lots, Selby Library, Federal Building, East Lot **Judicial Payne Park, Birk Key Park, Hearts Landing, Newtown Surface, Orange Ave, Ken Thompson Park, Centennial Boat Park, Golden Gate Point, Orange Ave. 7

8PITCH DECK 8Source: City of Sarasota Parking Division; City staff analysis.

9 WHEN, WHERE & HOW FAR PEOPLE TRAVEL Parking Demand

1010 Downtown Parking

1111 Downtown Activity When Parking Demand Peaks Downtown parking demand is likely to be greatest during the midday and afternoon hours, when the greatest number of businesses are open and operating. Evening activity shifts from primarily retail toward restaurants, food & beverage, and other businesses. Source: City of Sarasota Local Business Tax records and publicly available business operating hours; City staff analysis Downtown Business Operating Hours

12 • Nearly 23,000 people visit Main Street daily. • Inbound commuters increased 13.4%. • Out-of-market visitors dominate at nearly 19,650 daily. • 96% of activity comes from commuters and visitors. • Overall daily activity increased 1.1%. Residents Inbound Commuters Out-of-Market Visitors Total Daily Activity 2025 Avg. 978 2,046 19,628 22,652 2026 Avg. 927 2,320 19,650 22,896 Change -51 274 22 245 % Change -5.20% 13.40% 0.10% 1.10% -10.00% -5.00% 0.00% 5.00% 10.00% 15.00% -5000 0 5000 10000 15000 20000 25000 Downtown Visitors (Main Street) May-July 2026 vs 2027 Source: Placer.ai estimated visitation and location intelligence data for the Main Street study area, Sarasota, Florida; 2025–2026. Analysis prepared by City staff.

13 Downtown Garages • State Street and Palm Avenue garages are within approximately a 5-minute walk of much of the downtown core • Both garages provide convenient walking access to Main Street and surrounding downtown destinations • The walking areas of the two garages overlap, providing broad coverage of the downtown core

1414 St. Armands Parking 14

1515 St. Armands Activity When Parking Demand Peaks St. Armands experiences sustained parking demand throughout the day, with strong activity from late morning through early evening and continued activity into the evening hours. Source: City of Sarasota Local Business Tax records and publicly available business operating hours; City staff analysis

16 St. Armands Garage • The entire St. Armands commercial core is within approximately a 5-minute walk of the parking garage • The garage provides convenient walking access to shops, restaurants and businesses throughout St. Armands Circle • The garage is centrally located to serve destinations throughout the Circle

17 FUNDING • PARKING DIVISION • RATES Parking Operations

18 What is an Enterprise Fund ? A self-supporting fund where revenue generated by a service helps pay for that service. Fees Permits Citations Other Revenues 18

1919 Role of the Parking Division 1. OPERATE Garages • Lots • On-Street Parking 2. MANAGE Rates • Hours • Time Limits • Parking Policies 3. AMBASSADORSHIP Customer Service • Public Assistance • Parking Guidance • Education & Outreach 4. PARKING STANDARDS Parking Regulations • ADA Compliance • Safety • Citations 5. MAINTAIN Pay Stations • Gates • Signs • Parking Equipment 6. PERMIT Residential • Employee • Valet • Special Events 7. ANALYZE Occupancy • Utilization • Turnover • Revenue • Demand 8. PLAN Future Parking • Capital Improvements • New Programs • Technology Parking is more than spaces and enforcement. It is a citywide system that must balance operations, finances, technology, demand and the needs of residents, businesses and visitors.

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2121 Parking Rates Parking Type Current Rate On-street – Downtown / most locations $1.50/hour On-street – Judicial District $1.50/hour On-street – Ben Franklin Dr./Lido Beach $1.00/hour Palm Ave. Garage 1st hour free; 2nd hour $2; then $1/hour State Street Garage 1st hour free; 2nd hour $2; then $1/hour St. Armands Garage 1st hour free; 2nd hour $2; then $1/hour 1st Street Lot $1.00/hour Fillmore Lot – St. Armands $1.00/hour Judicial Lot $1.00/hour Burns Square Lot 3 hours free Gulfstream Lot 2 hours free Rosemary Square Lot 3 hours free Centennial Park Boat Ramp $5 vehicle / $10 vehicle + trailer Private Lots $4 - $18/hour

22 Other Rates Violation Fees Time Restriction Violation $30 Unpaid Pay Station Parking $30 Expired Registration $30 Parked Outside a Marked Space $50 Safety Violations (Fire hydrant, double park, etc.) $50 ADA Access Aisle $250 Illegal Parking in Disabled Space $250 22 Current Monthly Parking Permit Fees ST. ARMANDS EMPLOYEE PARKING Garages & Lots - $10/month DOWNTOWN EMPLOYEE PARKING Garages & Lots - $20/month CONTRACTOR PARKING Downtown & St. Armands - $50/month ST. ARMANDS RESIDENTIAL PERMIT Neighborhood Parking - $10/year RESIDENTIAL GARAGE PERMIT $100/month

23 Parking Rate Comparison On-Street City of Sarasota – Parking Division Venice Many locations – Free 2-hour parking Bradenton Downtown parking - $1.80/hr. Many locations – Free 2-hour parking Tampa Downtown - $4 (1st hr.) $3 each additional hour Other locations - $3 (1st hr.) $2 each additional hour Clearwater Downtown - $1/hr. Beach - $3.50/hr. St. Petersburg - $1-$1.50/hr. Anna Maria Island $4.00/hr. currently being proposed 23 Sarasota $1.50/hour Source: City of Sarasota Parking Division; Publicly available published parking rates.

24 Parking Rate Comparison - Garages City of Sarasota – Parking Division Bradenton Judicial Garage - $1.80/hr. 12th St. Garage - .25 per ½ hr. Manatee Co. Garage - $1 (1st hr.) $2 each additional hr. Tampa $2 - $3/hr. depending on location Clearwater $.75/hr., $7.50/day St. Petersburg $2/hr. ($16 daily max) 24 Sarasota Garages First Hour Free $1/hour Source: City of Sarasota Parking Division; Publicly available published parking rates.

25 KEY FACTORS • REVENUES • EXPENSES • CAPITAL Parking Financials

26 Factors Impacting the Parking Fund Revenue Impacts • Year-over-Year Revenue Decline • Delayed Implementation of Parking Fees • Temporary Suspension of Parking Citations • Underutilization of Parking Garages • Temporary Parking Closures & Service Disruptions Weather & Unforeseen Events • St. Armands Flooding Impacts • Hurricane & Severe Weather Impacts Operating • Increased Vendor & Service Fees • Credit Card & Transaction Processing Fees • Parking Equipment, Software & Technology Costs • Increasing Maintenance & Repair Costs • Higher Equipment Replacement Costs Infrastructure & Capital Needs • Aging Parking Infrastructure • Deferred Capital Improvements 26

2727 Financial Picture – Prior to Policy Change Presented to City Commission on 3/23/2026 General Parking Fund - Downtown Year FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 Anticipated Revenue $4,172,790 $ 4,297,974 $ 4,426,913 $ 4,559,720 $ 4,696,512 $ 4,837,407 Expenses $4,529,233 $ 6,261,020 $ 6,682,206 $ 6,005,617 $ 6,174,450 $ 6,496,158 Net Operating Income $ (356,443) $(1,963,047) $(2,255,293) $(1,445,897) $(1,477,939) $(1,658,750) General Parking Fund - St. Armands Year FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 Anticipated Revenue $2,115,000 $ 2,178,450 $ 2,243,804 $ 2,311,118 $ 2,380,451 $ 2,451,865 Expenses $ 2,029,341 $ 2,296,757 $ 2,647,258 $ 2,381,791 $ 2,719,016 $ 2,566,375 Net Operating Income $ 85,659 $ (118,307) $ (403,454) $ (70,674) $ (338,565) $ (114,510) Combined Parking At Current Rate Structure Year FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 Anticipated Revenue $6,287,790 $ 6,476,424 $ 6,670,716 $ 6,870,838 $ 7,076,963 $ 7,289,272 Expenses $ 6,558,574 $ 8,557,777 $ 9,329,463 $ 8,387,408 $ 8,893,467 $ 9,062,532 Net Operating Income $ (270,784) $(2,081,353) $(2,658,747) $(1,516,570) $(1,816,504) $(1,773,260) Capital Expenditure $ 1,025,600 $ 1,490,000 $ 230,000 $ 230,000 Contingency % 16% 12% 8% 8% 5% Source: City of Sarasota Finance Department and Parking Division, budget and capital planning information; City staff analysis..

28 Parking Management FY 2026–27 Proposed Parking Budget 28 Note: The FY 2026–27 proposed budget was developed using revenue assumptions associated with parking policy changes that have since been rolled back. As a result, actual revenues under the current parking structure may differ from the amounts shown.

29 St. Armands Paid Parking Area Fund FY 2026–27 Proposed Budget 29 Note: The FY 2026–27 proposed budget was developed using revenue assumptions associated with parking policy changes that have since been rolled back. As a result, actual revenues under the current parking structure may differ from the amounts shown. Key Factors • Garage:; opened March 2019 • Financing: Construction funded through 2017 Revenue Bonds • Property Assessment: $260,000 annually from St. Armands property owners • Debt Service: Parking revenues and the assessment support bond repayment and operations • 20-Year Commitment: Special assessment began FY 2016–17 and continues for the life of the bonds • Paid Parking: On-street paid parking implemented with the garage opening in 2019

30 Key Financial Expenditures Expenses Cost % of Budget Personnel $ 1,871,175 28% Contractual $ 274,540 4% IT, General Admin, Car Maintenance $ 774,000 12% Utilities $ 107,550 2% Maintenance and Repairs $ 855,450 13% Supplies and Expenses $ 783,930 12% Insurance and Liability $ 441,481 7% Capital Outlay $ 1,453,000 22% Expenses Cost % of Budget Personnel $ 423,046 16.1% Contractual $ 15,515 0.6% Utilities $ 3,100 0.1% Maintenance and Repairs $ 317,100 12.1% Supplies and Expenses $ 336,520 12.8% Insurance and Liability $ 140,187 5.3% Debt Service $ 192,767 7.4% Interest $ 52,486 2.0% Loan Payment $ 860,000 32.8% 30 St. Armands Parking FundParking Management Fund FY 2026–27 Proposed Budget Note: Percentages reflect each expenditure as a share of the FY 2026–27 proposed budget. The proposed budget was developed using higher anticipated revenues associated with parking policy changes that have since been rolled back.

3131 Upcoming Capital Expenditures 2027 2028 2029 2030 State Street Garage Elevator Replacement (2) $750,000 Palm Avenue Garage Elevator Replacement (2) $750,000 Garage Directional Signage $230,000 Garage Directional Signage $230,000 License Plate Recognition (2 Units) $90,000 License Plate Recognition (2 Units) $90,000 Pay Station Contactless Payments $85,600 On-street Pay Station Replacement (Approximately 104) $650,000 Vehicle Replacement (4) $100,000 Total Cost of Projects Total Cost of Projects Total Cost of Projects Total Cost of Projects $1,025,600 $1,490,000 $230,000 $230,000 Note: Capital costs are budget estimates. Actual costs will be determined through the applicable procurement and competitive bidding process in accordance with State law and City policies and procedures.

32Source: Publicly available municipal parking programs, funding practices and best-practice resources; City of Sarasota staff research and analysis.

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34 Note: All calculations are for illustrative purposes only.

35 KEY FACTORS • REVENUES • EXPENSES • CAPITAL Parking Ideas & Opportunities

36 City Parking Programs Valet Parking • City permit required when valet operations use public right-of-way • Designated staging area for vehicle drop-off & pick-up • Approved parking/storage location where valet vehicles are parked • Approved route between the staging and storage areas • Property owner authorization required when vehicles are stored on private property • City manages use of public parking/curb space and monitors compliance • Annual permits for ongoing operations; special-event permits available for temporary valet service Potential Opportunities • Centralized Downtown Valet Vendor • Shared Valet Stations serving multiple businesses • Use Garages & Lots for valet vehicle storage • Business-Sponsored Valet / Validation • Evening & Weekend Valet Pilot • Consistent Rates & Service Standards • Text-Based Vehicle Retrieval • Expand or Pilot at St. Armands

37 City Parking Programs Parking Permit Employee Parking Program • Available for Downtown and St. Armands employees • Provides designated garage and surface-lot parking • Allows employees to park beyond normal public time limits • Downtown employee permits are available at locations such as 2nd Street/Whole Foods Garage, 1st Street Lot, Orange Avenue Lot, Gulfstream Lot, Judicial Lot and Fillmore Lot Residential Parking Program • Available to qualifying residents in Downtown and St. Armands • Includes Downtown Residential, St. Armands Residential and St. Armands Neighborhood permits Potential Opportunities • Citywide Resident Parking Permit discounted for verified City residents • Resident Garage Benefit free or reduced-rate parking in City garages • Discounted Pay Station Parking for Residents • Annual “Sarasota Resident Pass” one low annual fee for designated garages, lots and/or on-street spaces • Evening & Weekend Resident Pass to encourage residents to visit Downtown and St. Armands during business hours

38 Other Parking Opportunities • Business Validation Program – businesses help offset parking costs for customers • Expand Pay Station Parking – extend paid parking to additional streets and high-demand areas • Increase Parking Rates – evaluate rates to support operating, maintenance and capital needs • Event & Evening Parking Programs – special pricing for events and peak evening activity • Advertising & Sponsorship Revenue – generate additional revenue from appropriate garage, kiosk or parking-system sponsorships • Improved Parking Wayfinding – direct drivers to available and underutilized garages and lots • Parking Technology Improvements – make payment, permits and finding parking easier for customers

39 Thank You Questions / Comments ParkingInfo@SarasotaFL.gov Phone: 941-263-6475