IV.6. Resolution Increasing Parking Permit Rates Effective January 1, 2026; Bishop
CITY OF HOPKINS
City Council Report 2025-168
To: Honorable Mayor and Council Members
Mike Mornson, City Manager
From: Nick Bishop, Finance Director
Date: November 18, 2025
Subject: Approve 2026 Parking Permit Rates
_____________________________________________________________________
RECOMMENDED ACTION
MOTION TO approve Resolution 2025-071 Increasing Parking Permit Rates Effective
January 1st, 2026.
OVERVIEW
The Parking fund budget has been reviewed for 2026. An increase in parking rates will
help support the cost of maintenance and enforcement of the city owned municipal lots
and parking ramp. Rate increases of approximately 5% are being proposed for monthly,
quarterly and annual permits. Sales tax is added to permit rates.
2025
Current
2026
Proposed
Daytime Permits
Daily $4.00 $4.25
Monthly $45.00 $47.25
Quarterly $110.00 $115.50
Annual $350.00 $370.00
Annual Overnight - (Between 8th & 11th Avenues, built pre-2012)$50.00 $50.00
Overnight Permits (open to all, limited availability)
Monthly $100.00 $100.00
Quarterly $300.00 $300.00
Annual $1,200.00 $1,200.00
Parking Fees
SUPPORTING INFORMATION
• Resolution 2025-071
Finance Department
CITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
RESOLUTION 2025-071
INCREASING PARKING PERMIT RATES
EFFECTIVE JANUARY 1, 2026
WHEREAS, The City of Hopkins has established Ordinance No. 91-1310, City Code
section 1310.11 which defines parking permit rates and allows adoption of fees through
council resolution; and
WHEREAS, it is estimated the present parking permit rates are not sufficient to cover
operating and enforcement expenses over the next year and will not provide sufficient
funding for capital improvements to the municipal lot and parking ramp;
NOW THEREFORE BE IT RESOLVED, that the City Council of the City of Hopkins
hereby set the parking permit fees at the following rates
Parking Permits
Daily $4.25
Monthly $47.25
Quarterly $115.50
Annual $370.00
Adopted by the City Council of the City of Hopkins this 18th day of November, 2025.
By:___________________________
Patrick Hanlon, Mayor
ATTEST:
_______________________________
Amy Domeier, City Clerk