Re: Jenn, who pays the city for parking in garage?
Posted: Wed Aug 19, 2015 1:26 pm
Jennifer Pae wrote:Marguerite Harkness wrote:I have a couple city finance questions for Jenn Pae, now that she's back:
1. Jenn, who pays the city for the free parking the hospital employees get in the south garage? How much annual income is that? How much other (non-employee) parking income do we get annually from the south garage? How much is the usual annual expense for that garage?
2. I remember that the North Garage used to be city owned (I know, because the City took our house so they could build the garage for the developer who was supposed to build his own garage). Then the city (Cain?) turned it over to someone else. Is that still city-owned but operated by a manager, or is it owned and operated by somebody else? If city-owned, how much income do we get from it and how much annual expense does it cost? If not city-owned, how much real estate tax do we get from it?
I assume this isn't exactly at your fingertips, and that you have to dig through some records to find this info - but would appreciate learning more about this. And THANKS! SO glad to have you back!
Thanks Marguerite.
To answer your first question, it is one for LHA. None of LHA's revenues and expenditures are on the City's financial statements, and have been not since 1987.
The second one will require more research on the property regarding parcel number and property taxes paid, but like the Lakewood Hospital Garage, the City does not receive any revenues from the operations of those two garages because neither is City-owned.
Jenn,
As a point of clarification, are you referring to the South Parking Garage or the North Parking Garage, or both?
On your Build Lakewood website, it states that:
Build Lakewood wrote:Q: What properties are at issue?
A: The current Lakewood Hospital, the Professional Office Building (Corner of Belle & Detroit), the South Parking Garage (across Belle from the Hospital), the Community Health Center that houses the Lakewood Child Care Center -- overall, approximately nine acres of city-owned property (map).
Q: Who owns these properties?
A: The City of Lakewood.
http://www.buildlakewood.org/#!faqs/c1dqg
Matt