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Optimize Your Parking Assets to Boost Revenue

Learn how to run an effective parking system in your community that considers revenue and customer service tradeoffs.An improperly run parking system, perhaps more than any other public asset, has a very real impact on the life of citizens and the success, or not, of a business district. Many public officials do not completely understand the cost of parking, and thus the revenues needed to maintain a healthy, vibrant, and revenue positive program. Parking, when operated and executed properly, can often be self-funded and even contribute monies to the general fund, rather than being a funding drain. This topic helps those responsible for parking decisions understand the cost of parking and how to optimize parking revenues in order to cover debt service, repairs and maintenance, and operating costs. Learn the optimal methods of parking provider procurement and elements of contract negotiation which may not be inherently clear in public parking operations. Even self-operated parking programs face line item expense issues, which when minimized, deliver the same end result as revenue gains. Whether your agency has structured parking at the beginning or end of a life cycle, street parking, or any type of parking asset, this workshop is critical in optimizing parking revenues for the benefit of your community.


Runtime: 90 minutes
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Why Lorman?

Over 30 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Off Street Parking

  • Market Rate Surveys
  • Parking Access and Revenue Control Systems (PARCS)
  • Functional Design and Optimization

On Street Parking

  • Right Pricing Preferred Stalls
  • Meter Methods of Operation
  • Enforcement

Event Parking

  • Pre vs. Post Cashier
  • Event Handheld Equipment
  • Mixed Use Development

Contracts and Expenses

  • Operator or Owner Written
  • Statement Review
  • Expense Line Items
  • Operational Assessments
  • RFPs

Maintaining Your Asset

  • Audits
  • Asset Management Plan
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Why Lorman?

Over 30 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on October 4, 2016.

Call 1-866-352-9540 for further credit information.

  • AL CPE
     
  • This course is acceptable for 1.5 live credit hour(s) through the Alabama State Board of Public Accountancy.
     
  • GA CPE
     
  • This program is applicable for CPE credit. *The Georgia State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • IA CPE
     
  • This program is applicable for CPE credit. *The Iowa State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • IN CPE
     
  • This program is applicable for self study CPE credit. *The Indiana State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • KY CPE
     
  • This Ondemand program is applicable for CPE credit. *The Kentucky State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • MA CPE
     
  • This Ondemand program is applicable for CPE credit. *The Massachusetts State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • MD CPE
     
  • This course is not pre-approved for CPE credit in your state however, it is applicable. *Please check the rules and requirements in your state for compliance.
     
  • ME CPE
     
  • This Ondemand program is applicable for CPE credit. *The Maine State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • MI CPE
     
  • This Ondemand program is applicable for CPE credit. *The Michigan State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • MO CPE
     
  • This Ondemand program is applicable for CPE credit. *The Missouri State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • MT CPE
     
  • This Ondemand program is applicable for CPE credit.* *The Montana State Board of Accountancy has final authority on the acceptance of individual courses and providers. Please check the rules and requirements for CPE compliance and calculate the amount of credit hours you can claim for self study courses.
     
  • ND CPE
     
  • This Ondemand program is applicable for CPE credit. *The North Dakota State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • NH CPE
     
  • This Ondemand program is applicable for CPE credit. *The New Hampshire State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • NV CPE
     
  • This Ondemand program is applicable for CPE credit.*The Nevada State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • OH CPE
     
  • This Ondemand program is applicable for CPE credit. *The Ohio State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • PA CPE
     
  • This Ondemand program is applicable for CPE credit. *The Pennsylvania State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • TX CPE 1.5
     
  • Lorman Business Center, Inc. has registered with the Texas State Board of Public Accountancy as a CPE Sponsor. This registration does not constitute an endorsement by the Board as to the quality of our CPE Program. This program qualifies for 1.5 hours of continuing professional education.
     
  • VA CPE
     
  • This Ondemand program is applicable for CPE credit. *The Virginia State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • WA CPE
     
  • This Ondemand program is applicable for CPE credit.* *Please check the rules and requirements in your state for compliance.
     
  • WY CPE
     
  • This Ondemand program is applicable for CPE credit. *The Wyoming State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     

Audio & Reference Manual

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • GA CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

MP3 Download

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.
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More Program Information

Why Lorman?

Over 30 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Phillip Schragal

Phillip Schragal

Walker Parking Consultants

  • Director of Operations Consulting at Walker Parking Consultants
  • Heads Walker’s Parking Operations Consulting Group, which includes studies related to all facets of parking operations, due diligence, financial and parking planning, and auditing
  • Involved in the development, administration and negotiation of request for proposals for both private owners and public agencies seeking third-party parking management by professional parking operators
  • Serves on the internal committee that reviews all Feasibility Studies completed by Walker Parking Consultants
  • Professional affiliations include National Parking Association; International Parking Institute; Certified Parking Facility Manager – National Parking Association
  • Successfully completed numerous studies for private as well as public entities
  • Has reviewed existing operating conditions, policies and procedures for all types of operations including municipalities, airports and off-airport locations
  • Provided operational and functional design assessments; developed standard operating procedure documents, financial and market studies and has also advised on the testing of parking access control equipment, and on request for proposal documents that have resulted in the award of numerous types of parking management and lease agreements
  • As a parking consultant with 20+ years of hands-on parking operations experience, many at an executive level, he is particularly adept at solving operational challenges and skillfully projecting the financial outcomes
  • Articles include “Parking Problems: Evaluating operations could lead to better service and greater profitability,” CIRE Magazine, May/June 2014; “The Right Moment - How (and Why) to Know When It's Time to Issue a New RFP for Parking Services,” The Parking Professional, May 2014; and “RFPs test parking operators’ competitiveness: Transparency trumps complacency,” Canadian Property Management, 28 March 2013
  • Can be contacted at [email protected]
Jonathan Wicks

Jonathan Wicks

Walker Parking Consultants

  • Parking Operations consultant at Walker Parking Consultants
  • Joined Walker’s Parking Operations Consulting Group after 10 years of leadership positions with private parking operators
  • Based out of the Los Angeles office he covers the West Coast and has expertise in all manners of parking including, Class A commercial garages, hotel, event and stadium, on street valet, mixed use, municipalities, off-airport and flat lots
  • Developed parking policy and procedures and consulted for the City of Beverly Hills, SFMTA, Starwood, CIM, LBA, the Irvine Company, and the Counties of Santa Clara, Alameda, and Contra Costa
  • A forward thinking parking operator who has recently led work in mobile App development and EV implementation
  • Articles include “15 Parking Predictions for 2016,” Parking Exec., 11 January 2016; “Q&A with Jonathan Wicks of Walker Parking Consultants,” Parking Exec., 10 April 2015; and “13 Parking Predictions for 2015,” Parking Exec., 13 January 2015
  • Can be contacted at [email protected] or on Twitter® @parkingmaster
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Why Lorman?

Over 30 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 399284
Published 2016
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