Parking Revenue Reinvestment Program

The City of Calgary supports vibrant areas where people can live, work, shop, and spend time. The Parking Revenue Reinvestment Program helps make this possible by using a portion of on-street paid parking revenue to fund improvements in Business Improvement Areas (BIAs) and eligible communities.

These improvements make public spaces more welcoming and enjoyable. They support business activity and strengthen community life.

Policy Update

 In 2024, Council approved changes to the Calgary Parking Policies. One key change affects how funds are shared. Now, 10 per cent of the net revenue from on-street paid parking is used for local improvements in eligible areas. This change makes funding more stable from year to year.

What the Program Supports

 The Parking Revenue Reinvestment Program supports projects that:

  • Make streets more walkable and pedestrian-friendly
  • Improve streets and parking
  • Enhance the design of public space
  • Help create lively, well-used neighbourhoods

How Funding Works

Each year, 10 per cent of the net revenue from paid on-street parking is set aside for local improvements.

This funding goes to:

The funds are shared based on how much revenue was generated in each area. For example, if a BIA generated 20 per cent of the total on-street parking revenue among all BIAs, it would receive 20 per cent of the BIA portion of the funds.

The previous year’s surplus revenue is used to support improvements such as upgraded sidewalks, lighting, seating, landscaping, and other public space or parking enhancements.

 In BIA areas, The City works closely with BIA representatives to identify priorities. For communities outside BIAs, funds are pooled, and eligible projects are considered through an application process.

The money can be used for infrastructure and service improvements in these areas.

See a current list of 2024 allocation amounts below.

Business Improvement Area (BIA) Allocation of Parking Revenue Reinvestment - On-street Parking for 2024
17th Avenue Retail & Entertainment District Business Improvement Area  $45,614
4th Street South West Business Improvement Area  $66,052
Beltline Business Improvement Area  $73,336
Bridgeland Business Improvement Area  $7,827
Calgary Downtown Association (CDA) Business Improvement Area  $482,436
Chinatown Business Improvement Area  $77,219
Crescent Heights Village Business Improvement Area  $3,047
Inglewood Business Improvement Area  $7,528
Kensington Business Revitalization Zone  $63,942
Victoria Park Business Improvement Area  $85,628

Setting Parking Prices

Parking prices are based on local supply and demand. This is outlined in section 5.1.2 of the Calgary Parking Policies. There is no fixed revenue goal and some years there may not be a surplus available for reinvestment.

For more information about the program, please contact biasupport@calgary.ca.

 

For more information about Business Improvement Areas, click here:

Business Improvement Areas
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