Finance Utilities and Rules Committee Meeting - May 20, 2026
Finance Utilities and Rules Committee Meeting - May 20, 2026
The Finance Utilities and Rules Committee met on May 20, 2026, to discuss two major items: Ordinance D 2820-26, which amends parking fines and enforcement procedures using license plate reader (LPR) technology, and a resolution to refund multiple bond series from 2016 and 2020 to achieve significant savings. The meeting included presentations from the Carmel Police Department, bond counsel, and financial advisors. The committee voted to amend the ordinance to increase the fine for parking in handicapped spaces and to send the amended ordinance and several bond refunding items to the full city council with positive recommendations.
Discussion Items
- Parking Ordinance (D 2820-26): Sergeant Zach Hasty of the Carmel Police Department presented a new LPR-based parking enforcement system. The system uses cameras mounted on vehicles and handheld devices to scan license plates, enforce time limits, and manage residential and merchant parking permits. The ordinance also designates Passport as an agent for the city clerk to collect fines, expands enforcement to parking enforcement officers, and allows tickets to be mailed. The current $25 fine for general parking violations would increase to $50, and the $50 fine for handicapped parking would increase to $150 (after amendment). The committee discussed the legal framework, data privacy, and the importance of keeping enforcement in-house to focus on behavior change rather than revenue generation. Councilor Manor proposed an amendment to increase the handicapped parking fine to $150 with a notice to appear, which was seconded and passed. The amended ordinance was then moved to the full council with a positive recommendation.
- Bond Refunding (Items B, E, F, G, H): City CFO Zach Jackson, bond counsel Brad Bingham, and financial advisor Heidi Amsbaugh presented a plan to refund 18 bond series from 2016 and 2020, including property tax-backed, TIF-backed, and stormwater revenue bonds. The refunding would not extend maturities and is expected to generate net present value savings of $9–12 million, with annual savings of approximately $4 million in fiscal years 2027 and 2028 to offset rising operational costs. The bonds are secured by a special benefits tax (SBT) as a backup, but the city expects to repay from local income taxes, TIF, and stormwater fees. The committee discussed the market timing, interest rate trends, and the impact of removing bond insurance and debt service reserve funds. A motion to amend Resolution CC 051826-01 by striking the last sentence of section one (which would have terminated the local income tax pledge) was passed. The committee then voted to send items B, E, F, G, and H to the full council with a positive recommendation.
Key Outcomes
- Motion to Amend Ordinance D 2820-26: Increased the fine for parking in a handicapped space from $50 to $150, with a notice to appear. Passed.
- Motion to Send Amended Ordinance to Full Council: Passed unanimously.
- Motion to Amend Resolution CC 051826-01: Struck the last sentence of section one to retain the local income tax pledge. Passed.
- Motion to Send Bond Refunding Items (B, E, F, G, H) to Full Council: Passed with positive recommendation.
- Items C, I, and D Held Over: These items will be considered at the next Finance Committee meeting on June 1, 2026, at 4:30 p.m.
The meeting adjourned at 7:24 p.m.
Meeting Transcript
Welcome to the Wednesday, May 20th, 2026, Finance Utilities and Rules Committee meeting. First item on the agenda we have is ordinance D 2820-26, an ordinance of the common council of the City of Carmel, Indiana, amending chapter 3, Article 2, Section 3-58, and Chapter 8, Article 5, Section 3, Section 8-45 of the Carmel City Code. We have Officer Hasty here from the Carmel Police Department to present how they came up with these fee structures and open for discussion for the public. This all started with a parking study that was conducted in the central core related to complaints and so forth and parking. The Carmel PD then investigated ways to increase enforcement. And this is part of solving some solution creating some solutions and hopefully ensuring some compliance when it comes to parking in our central core and throughout the city. Yeah, if you just give a brief overview of how we got here and then why uh chief and yourself are recommending these. Okay. Change. I'm Zach HC, Sergeant Carmel PD. We've been listening to our residents and listening to the counselors, and and we saw a need to explore options to increase our patrols of timed parking spaces within the city. So historically we've we've just not had the tools to do that. And so we started looking at at looking at options that we were going to be able to help turn over those spots that were in front of some of our businesses to encourage more visitation from uh from this from the community to them. Um and then also to target some of our not necessarily target, but to help increase patrols around the high school and some of our neighborhoods that have the uh residential permit citation. So we started looking at options that were kind of an all-encompassing type thing, something that could offer a way that we could effectively do the patrolling, and then also uh that would cover our permitting needs for our merchant parking and residential parking. So we we started this process about 18 months ago. We interviewed many different companies, many different styles. Once we got the parking study back, um it was recommended in the parking study as well that an LPR based, which is license plate reader, an LPR-based system was recommended. So that was already the route that we started looking at to begin with. Um, so we we kind of dove all in on that. Uh the equipment, it it essentially mounts onto a pre-existing vehicle that we have. There's between three and four cameras that mount at at about eye level around the vehicle. One one might be a little lower, but um essentially what it does is as the parking enforcement or CSO would drive around the city, it's it's collecting data, it's collecting license plate data. What that will do is we're working with Passport now to kind of build out what the infrastructure looks like in the system. Essentially, they took our local ordinances that have all of our locations for the timed parking locations already in it. They're going to map out the entire city. So whenever you scan a license plate, it uses GPS latitude and longitude technology to know exactly where that vehicle is and know what time spot it is in, and then it will start a timer based on that. So if it's in a three-hour spot, it will start a three-hour timer based on the exact latitude and longitude GPS coordinates of where that vehicle is parked. At that point, and it does this instantaneously as as the uh as the parking enforcement officers driving around. So as they continue to drive around and do their patrols, if they come across a vehicle that's that's past the time, an alert will pop up on the computer that they can take enforcement action, whatever that may be a warning ticket, education, whatever, whatever that looks like. But they'll be alerted from the system that hey, this car is not moved. It's been here for four hours and a three-hour spot. So then at that point, the parking enforcement officer can take enforcement action, whether, like I said, whether it's a ticket warning, education, um, but then they can they can then print off the ticket from the computer. Um, the ticket we were working with Benjamin on the formatting and what kind of information is on there, but the tickets essentially going to give them a link to the passport payment portal. Um, that's that's partly one of the things that we're still working through to get passport as the approved agent to be able to collect those funds. But once that once that happens, payment will go to passport. We have elected to get payment remitted back to us once a month from the collected fine revenue that comes from that, minus the fees that we pay passport to run their to use their uh their database to use their software to use their payment portal. So we we would pay a fee for that, and then that would that would be taken out of whatever fines are collected for the month, and then we would get whatever's left over, or if we're in the in the red, then we would cut a check for the difference, whatever whatever that would be on a monthly basis. We're also looking at getting three handheld devices that are LPR as well. Um so it runs off of a um Android platform and it's got a camera on it and a printer. So if it's a nice day, we're gonna encourage officers to walk around, be involved in the community, have conversations with folks. Um but it does the same thing, but it's just a handheld unit. So what they would do is they would go up to the vehicle, scan the license plate, they would mark on the application where like the valve sim or whatever would be, um, take a photo of the vehicle, it would start the timer, and then they could keep doing their patrols walking around. The handheld devices and the mobile device that we're looking at will communicate with each other. So if somebody scans a plate that another parking officer scanned earlier, they will communicate with each other, um, and then they'll they'll alert them if there's if there's a violation in the area. Uh so I mean that's that's the 30,000 foot view of how this would work. We're looking at hiring two part-time folks in the process of doing that now. There uh is an application process that's open through tomorrow, um, and then we're gonna do some more interviews and try to identify a couple folks to to come on board part-time to help us with the parking enforcement. So we have the we had the red line um ordinance in our packet, um, and then there was some uh we may uh Benjamin, we sort of give an overview of just the red line changes and how that uh how that impacts and then Sergeant Hasey will probably have a couple other questions, sir. Yes, sir.
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