Parking Authority Meeting

Village of Nyack 9 North Broadway, Nyack, NY 10960 Meeting of the Village Parking Authority June 26, 2025 7:00 pm YouTube meeting livestream access link (public comment is in-person only): www.nyack.link/youtube 1. Action Items THE DRAFT RESOLUTIONS SET FORTH BELOW ARE FOR CONSIDERATION BY THE VILLAGE BOARD OF TRUSTEES (“BOARD”), WHICH RESOLUTIONS MAY BE APPROVED, OR MAY NOT BE APPROVED, OR MAY BE APPROVED WITH MODIFICATION(S), OR MAY BE TABLED WITHOUT ANY ACTION BEING TAKEN BY THE BOARD – THEIR INCLUSION IN THIS AGENDA IS NOT, IN ANY WAY, DETERMINATIVE OF A DECISION, IF ANY, TO BE MADE BY THE BOARD. 1.1 Resolution No. 2025-103 Resolution of the Nyack Village Parking Authority to Adopt the 2025-2026 Parking Authority Budget RESOLVED, the members of the board of the Nyack Parking Authority hereby adopt the draft FY 25-26 Parking Authority budget as the approved budget for FY 25-26. Page 1 of 1  Nyack Parking Authority DRAFT FY 2025-2026 BUDGET 2025/2026 Account # Account Name 2020/2021 2021/2022 2022/2023 2023/2024 2024/2025 YTD Annualized Budget CP-0000-1710-1000 Parking Ticket Revenue 314,967.72 791,642.01 725,693.39 568,051.49 570,583.20 683,432.40 750,000.00 CP-0000-1721-1000 Parking Lots - Artopee 22,380.00 - 29,490.00 24,060.00 23,650.00 28,380.00 30,000.00 CP-0000-1721-2000 Parking Lots - Catherine 18,723.00 - 16,350.00 12,780.00 14,460.00 17,352.00 19,000.00 CP-0000-1721-3000 Parking Lots - Spear 11,708.00 - 8,470.00 6,100.00 5,860.00 7,032.00 9,000.00 CP-0000-1721-4000 Parking Lots - Other 8,613.00 26,955.00 15,365.50 425.00 225.00 270.00 250.00 CP-0000-1741-1000 Parking Meters - Coin 76,292.00 112,600.21 124,600.00 85,826.00 89,750.00 107,700.00 115,000.00 CP-0000-1741-2000 Parking Meters - Credit Card 88,594.05 162,079.09 116,962.96 63,693.03 71,405.78 85,686.94 80,000.00 CP-0000-1741-3000 PARKING METER FEES - PARKMOBILE - 187,393.84 348,993.70 279,362.31 284,089.15 340,906.98 370,000.00 CP-0000-1789-0000 PARKING BOOT FEES - - 150.00 - - CP-0000-2770-0000 MISCELLANEOUS REVENUES - 25.00 550.00 - - TOTAL BUDGET - REVENUE 541,277.77 1,280,695.15 1,386,625.55 1,040,297.83 1,060,023.13 1,270,760.32 1,373,250.00 CP=1320-4000-0000 Auditor: Contractual - - 3,000.00 3,000.00 CP-1650-4000-0000 Telephone / Internet 4,260.95 4,985.40 2,467.61 1,837.94 1,598.24 2,107.50 2,200 CP-1660-4000-0000 Office Supplies 3,796.57 2,723.01 1,938.91 1,755.76 1,293.94 1,759.79 1,900 CP-1670-4000-0000 Printing & Mailing - 960.17 6,491.04 60.51 161.46 289.92 6,000 CP-1680-4000-0000 Computer Consulting - - - - - - CP-1910-4000-0000 Insurance 30,846.42 31,277.28 40,238.74 35,749.68 39,588.88 39,588.88 42,000 CP-1989-4000-000 Miscellaneous 9,723.72 13,587.50 58.00 100.00 59.55 59.55 100 CP-3320-4000-0000 Signs 15,815.12 531.00 3,328.58 1,533.22 3,880.83 3,880.83 3,000 CP-3320-4100-0000 Armored Car Service 7,292.97 7,093.94 9,683.16 7,964.34 10,399.19 11,344.57 13,500 CP-3320-4200-0000 Credit Card Fees 3,338.68 23,106.40 157,278.09 86,283.23 123,505.00 128,187.27 118,015 CP-3320-4300-0000 Parking app fees 18,305.65 68,470.08 62,507.40 59,774.40 61,478.00 73,773.60 85,000 CP-3320-4400-0000 Revenue Collection Fees 101,890.51 151,747.11 126,606.88 80,652.98 67,285.23 115,346.11 135,000 CP-3320-4500-0000 Meter Maintenance 18,987.64 29,011.50 32,207.72 16,336.70 14,210.00 24,360.00 27,200 CP-3320-4600-0000 Vehicle Expense 7,624.87 14,340.94 7,573.19 5,525.01 5,578.21 5,642.22 53,000 CP-5650-1000-0000 Parking Personnel 240,428.22 223,285.18 285,575.70 202,011.93 260,794.64 312,953.57 340,979 CP-5650-2000-0000 Equipment 29,626.07 89,677.10 47,576.07 - - - 20,000 CP-5650-4100-0000 Library Lease - 7,040.23 14,730.41 - - 10,000.00 10,000 CP-5650-4200-0000 Village Lease - 230,000.00 230,000.00 300,000.00 - 300,000.00 300,000 CP-5650-4700-0000 Uniforms/Meal Allowance 2371.49 1,778.71 1,136.77 2,090.22 1,298.78 5,558.89 3,350 CP-9010-8000-0000 Retirement 48,284.90 15,878.52 12,777.43 17,799.72 20,462.16 20,462.16 35,043 CP-9030-8000-0000 Social Security / Medicare 17,173.13 17,081.30 20,806.46 16,450.09 19,908.29 23,889.95 26,085 CP-9040-8000-0000 Workers Compensation 11,535.73 10,660.80 11,197.01 5,844.88 5,625.13 5,625.13 6,075 CP-9045-8000-0000 Life Insurance 837.12 287.15 941.76 471.16 506.40 552.44 900 CP-9050-8000-0000 Unemployment Insurance 44,081.81 (184.12) - - - - CP-9060-8000-0000 Medical Insurance 47,736.25 65,124.66 108,636.80 39,197.65 34,152.90 112,510.95 143,903 Debt-Interest 1,676.47 - - - TOTAL BUDGET - EXPENDITURES 663,957.82 1,008,463.86 1,183,757.73 883,115.89 671,786.83 1,197,893 1,373,250 PROFIT/LOSS (122,680.05) 272,231.29 202,867.82 157,181.94 388,236.30 72,866.99 0 * 2019/2020 - Village shut down 3/17/2020 through the end of the year due to COVID *2020/2021 - Parking did not resume until September due to COVID - full enforcement with 3 staff resumed in November