From the Editor

September is budgeting time for many parking and mobility organizations, and IPMI is no exception. As the IPMI staff works through the budget for next year, we need to be both realistic and forward-thinking—a unique juxtaposition. How realistic will we be able to be about spending needs for one of the most fluid and transitional times in our industry’s history? Technology is changing minute by minute, and the needs of our members are changing just as fast. Our budget needs to reflect a moving target, and frankly…it is exhausting.

And I cannot even imagine how complicated it is for all of you.

That said, good budgeting is vital. It is the foundation for success. Like going to the dentist—no one wants to do it, but we all know that we must stay healthy. And if we do not go, problems simply compound and make us wish we had.

So, here comes IPMI with toothpaste and a new toothbrush, giving you some tools to help you through.

I am hoping that this month’s Parking & Mobility magazine, with a focus on funding and finance for parking and mobility organizations, can help you frame the finance topic as you look to plan for the upcoming year. We have provided several different stories of organizations impacting their bottom line through creative approaches to traditional services.

Does your organization take a creative approach to funding and finance that may help others in the industry? What programs have you implemented that have had positive financial impacts? We want to hear from you!

Thanks as always for spending some time with us. We look forward to finishing out this year strong with you!