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memo 1 page

To: From: Date: March 4, 2022 Re: Update on Train Station Parking The Mayor asked that I provide the Board with an update on the parking at the Croton-Harmon Train Station. As everyone is aware, the parking lot at the train station remains at approximately 50% of peak usage during pre-COVID times. Below I have put into table format what those numbers look like, revenue-wise: FY2022 FY2021 FY2020 FY2019 Permit Revenue (Q1-Q3) $716,589 $669,075 $1,526,530 $1,486,800 While we are seeing a 7% increase in permit sales over this time last year, it remains far below where we were in previous years. Below is the same information for the daily lot: FY2022 FY2021 FY2020 FY2019 Daily Revenue (Q1-Q3) $553,298 $144,610 $1,376,664 $1,387,598 Daily parking has rebounded much stronger than permit parking. It is 283% higher than it was at this point last year. However, it too remains well below what could have been expected pre-COVID. As we begin the budget review process in the next few weeks, it will be important to monitor the trends in the parking lot to see if the oft-mentioned “return-to-office” materializes in additional commuters. The first few days of March has seen a slight increase in permits and a larger increase in daily parking but it is too early to determine if these will persist. 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