City Percentage of Gross for Parking: 17

In a half dozen different items published since early February 2013, The Chronicle has reported incorrectly the percentage of gross parking system revenues received by the city of Ann Arbor under the terms of its contract with the Ann Arbor Downtown Development Authority. The correct figure is 17%. [.pdf of contract ratified on May 27, 2011 by the DDA] The erroneously reported additional half percent translates to roughly $95,000 annually. We note the errors here, and have corrected the mistake in previous reporting – most recently the city council meeting held on March 4, 2013.