Parking rates for the FY07 have been approved and are posted online. This year, our rates will increase by 7%, translating to a $2.33/month increase for faculty/staff, and $12/semester for students.

Several years ago our Campus Parking Master Plan called for an annual rate increase in the range of 13-15% to offset anticipated debt. Budget considerations delayed implementing those increases for a few years until modest rate increases (7.9%) resumed last year. Earlier this year, the central campus parking deck construction project was placed on hold pending the outcome of a campus transportation study. This means we will not be realizing the additional debt, and as a result, do not need to implement the full 13-15% increase called for in the Master Plan. The campus transportation study should be completed within this calendar year, at which time rate increase percentages will be re-evaluated with further direction from University Administration.