Fiscal Management

Discipline

Strong, disciplined management is the hallmark of any successful government.  The City should borrow only for capital projects – not operating expense – and capitalize on low interest rates to make sound investments in our City’s future.

We must have a transparent, open budget process so that the entire community can understand where their tax dollars go and can contribute to a debate over how to make City services more effective and efficient.  Only together can we determine the best way to spend our City’s resources.

Parking Management

The City can save property taxpayers hundreds of thousands of dollars per year through better management of its garages, surface lots and parking meters.

Take, for example, the metered parking spaces in Collegetown. During the day, while the meters are running these spaces are largely vacant. Students, who are looking to avoid parking tickets and are unable to feed the meter every two hours, ‘hide’ their cars elsewhere. They park in paved over backyards or in surrounding neighborhoods. At 6pm when the meters stop running, the streets of Collegetown fill up as all of the cars come out of hiding.

Smart meters, which accept credit card payments, would encourage students to swipe their card once and leave their cars on street all day. The rates would be adjusted until the City achieves 85% occupancy in our on-street metered spaces. 85% is the balance that parking experts recommend in order to maximize revenue while still ensuring that shoppers can park conveniently. This balance is especially important for businesses like Kraftees, The Bike Rack, Classical Optical, Fontanas Shoes and others that need available parking to bring in customers.

This approach to parking management would:
• Generate non-tax revenue for the City.
• Relieve parking pressure from backyards, Bryant Park, and Belle Sherman.
• Provide students with a more convenient alternative to the current ‘musical chairs’ parking.

 

 

 

In the coming month’s the campaign will be seeking input on each and every issue before the city.  We are eager to use this input to inform our platform.  Check back regularly for updates and if you’d like to speak with Svante about any of these issues please contact us here.


Home / Issues / Investment in the Future / Fiscal Management