The City of Ferndale is set to enhance its parking system and reduce costs, as discussed in the recent City Council Budget Workshop for 2025. A key highlight from the meeting was the successful transition to a new merchant processing service, which is expected to save the city approximately $50,000 annually in credit card transaction fees. This change aims to streamline payment processes for residents and visitors using mobile payments or kiosks.

Additionally, the council confirmed there will be no increase in hourly parking fees for the current fiscal year. This decision aligns with a previously established plan to adjust fees every two years, ensuring compliance with state mandates while maintaining financial stability. The council emphasized that these measures are part of a broader strategy to manage parking revenues and expenditures effectively.

Concerns were raised regarding the inclusion of depreciation expenses in the budget, which some council members believe may misrepresent the city’s financial health. While depreciation is a non-cash accounting entry, it contributes to the perceived deficit in the budget. Council members expressed a desire to clarify this issue with the state treasury to better communicate the city’s actual cash flow situation.

As Ferndale moves forward, the council is committed to improving infrastructure and financial management, with further updates expected by May. These initiatives reflect the city’s ongoing efforts to enhance services while ensuring fiscal responsibility for its residents.