The Town of Carrboro is updating its study on downtown parking this year with the hopes of determining how residents use parking to find ways to improve it.
The Town conducted a parking study in 2017 that led the Carrboro Town Council to approve a downtown parking plan. Now in 2020, the Town is working with Walker Consultants, a consulting firm that works with cities to plan parking, to complete an updated study in order to get more up-to-date information about parking.
Through the process of determining the scope of the study, — referred to as Parking 2020 — Annette Stone, the economic and community development director for Carrboro, said a parking enterprise fund would be set up in order to gain a better understanding of how money is being spent on parking measures in Carrboro.
"Right now, it will be funded through the general fund,” she said. “But as a way to put a fence around and know what it really costs to supply the surface parking, the leases, the maintenance, the enforcement, all those things associated with it, we’ve set up a parking enterprise fund.”
One catalyst for doing a new study in 2020 is the building of The 203 Project. Carrboro Town Council member Susan Romaine said with The 203 Project being built on a municipal lot, the Town will be losing 100 parking spaces.