2013-2014 budget - City of Syracuse

01.1722 CITY GARAGE: This revenue represents income the City receives from the operation of the parking garage located above the former
Sibley's department store. This garage was closed 01/01/2011.
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01.1723 ONONDAGA TOWER GARAGE: The
Onondaga Tower Garage is located on South Warren
Street between the Marine Midland and Blue
Cross/Blue Shield buildings. In 1970, a long-term
agreement was signed, whereby the City collects a flat
fee from the operator. This lease ended 5/1/2013.
$5,000,000
$4,500,000
$4,000,000
01.1727 FAYETTE PARKING GARAGE: These
revenues represent parking fees collected at the
Fayette Parking Garage, located at Fayette and
Montgomery streets, less the fee paid by the City to the
operator.
$3,500,000
$3,000,000
$2,500,000
01.1728 MADISON-IRVING PARKING GARAGE:
These revenues represent parking fees collected at the
parking garage, located at Madison Street and Irving
Avenue, less the fee paid by the City to the operator.
$2,000,000
$1,500,000
01.1729 HARRISON STREET PARKING GARAGE:
1993 was the first year of operation of the Harrison
Street Garage, which is surrounded by Harrison, North
Warren, Adams and Harrison Place. Projected
revenues represent what is expected to be collected
less the cost of operation of this facility.
$1,000,000
$500,000
$0
2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13
projected
Parking Garage Receipts
2013/14
budgeted
01.1731 WASHINGTON STREET PARKING GARAGE: Revenues derived from the Washington Street Parking Garage are credited to the General
Fund with the sale of the garage from the Syracuse Industrial Development Agency to the City in the fall of 1993. The sale is a component of the
refinancing of the S.I.D.A. bond issues. The result of this refinancing is a substantial saving of debt service expenses for the remaining years of
financial obligation. Revenues represent parking fees collected at the parking garage, located on Washington Street between West and Franklin
streets, less the fee paid by the City to the operator.
01.1732 ARMORY SQUARE GARAGE: These revenues represent parking fees collected at the parking garage located in the Armory Square
Historic District.