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File #: 19-0431    Version: 1
Type: discussion Status: Filed
File created: 4/30/2019 In control: Finance Committee
Agenda date: 5/15/2019 Final action: 5/15/2019
Title: Briefing on Commercial Parking Tax Options and Impacts
Attachments: 1. Comparative Commercial Parking Tax Table, 2. Link to RCW 82.80.030


Briefing on Commercial Parking Tax Options and Impacts


Recommended Action

Committee Recommendation:

Not referred to a committee


City Manager Recommendation:

Receive a briefing on the options and impacts of commercial parking taxes. Briefing only. No action requested.




Whether to receive a briefing on and discuss Commercial Parking Taxes.


Staff Contact:

Max DeJarnatt, Parking Program Analyst, Community Planning & Development, 360.570.3723



Max DeJarnatt, Parking Program Analyst


Background and Analysis:

The Commercial Parking Tax (CPT) allows cities to impose a tax for the act of parking a vehicle in a parking facility operated by a commercial parking business which charges fees for non-reserved parking stalls. The goals of the CPT are (1) to discourage drive-alone commuting and (2) to generate revenue for transportation purposes. Staff will present scenarios estimating potential annual revenue generated by a CPT in Olympia using other Washington cities’ tax structures, constraints on how revenue may be allocated, and potential impacts.


Neighborhood/Community Interests:

Department of Enterprise Services noted that this tax will impact union contract negotiations.



Information only.


Financial Impact:

Using existing CPT tax structures of ten Washington Cities, staff estimates potential revenue for the City of Olympia spanning between $186,615 and $1,049,915 annually. See attached table for comparison of Washington Cities CPT rates.



Comparative Commercial Parking Tax Table

Link to RCW