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To: Mayor & Board of Trustees From: Date: February 4, 2022 Re: Parking at Croton-Harmon Train Station As the Board prepares to enter into budget season, I wanted to provide an update on the parking situation at the Croton-Harmon Train Station. As you are likely aware, the train station provided a significant portion of the Village’s non-tax revenue before the pandemic; such revenue was budgeted to be $3.735 million in fiscal year 2019-2020. Once the pandemic began, and commuting practically vanished, our revenues plummeted at the train station. This year, revenue is budgeted at approximately $1.3 million. Since Summer 2021, parking revenues have been on a steady uptick as schools and offices reopened to students and staff. However, the advent of the Delta and Omicron variants led to temporary setbacks in further openings of offices and the return of more commuters to the train station. As such, I believe it is prudent to continue to budget conservatively when it comes to parking revenue at the train station; additional variants could cause another retreat by commuters. Please see below for an example of how the variant(s) have affected daily parking revenue; as permits are purchased on a quarterly basis, they have not been subjected as much to the rise and fall of variants. Time Period: Monthly Revenue (for daily parking): November 2021 $86,158.10 December 2021 $75,463.50 January 2022 $39,955.15 It should be pointed out, though, that we are still doing much better than we were at this time last year: Time Period (2020): Monthly Revenue: Time Period (2021): Monthly Revenue: October $22,574.00 October $83,910.00 November $16,470.00 November $86,158.10 December $17,285.00 December $75,463.50 Total: $56,239.00 Total: $245,531.60 Please let me know if you have any questions. Thank you. Mayor Brian Pugh Trustees Ann Gallelli Sherry Horowitz Alejandro Rosales Len Simon Village Manager Bryan T. Healy Treasurer Daniel Tucker Village Clerk Pauline DiSanto Village of Croton-on-Hudson New York Stanley H. Kellerhouse Municipal Building One Van Wyck Street Croton-on-Hudson, NY 10520-2501