March 22, 2011 — The prices of Academic Division parking permits at the University of Virginia have not increased since 2008.
But the expenses at U.Va.'s Department of Parking and Transportation have continued to rise – for things like parking garage maintenance, surface lot paving, new buses (and the fuel to run them), and subsidizing the free ride program on city buses for University students, faculty and staff.
P&T today announced a $1-per-month, across-the-board increase in parking rates for Academic Division employees, effective June 1. Director Rebecca White said the department couldn't hold out any longer.
"We understand that our customers have not received a pay increase in several years, and we have done our best to hold the line on parking," White said. "But as an auxiliary enterprise, we must generate all of the revenue that supports our budget. We don’t receive state funding. And without a rate increase, we could not meet our essential needs."
The cost of premium parking permits last went up in 2008, while the cost of the lowest-priced permits has remained steady since 2007. The new prices will be $50 per month for premium reserve parking, $40 monthly for non-premium reserve, $38 monthly for dorm storage, and $17 monthly for commuter and low-cost storage parking.
Metered parking rates – which have not increased for at least 10 years, White noted – will rise from 50 cents to 75 cents per hour.
Parking rates at the Medical Center will also rise, as they have for the past two years. A spot in the Medical Center's reserved lots will cost $85 monthly, up from $80.
The proposed increases, which are expected to generate an additional $350,000 in revenue annually, were endorsed by the Vice President's Committee on Transportation and Parking and approved by top University officials.
The increases will, for instance, contribute toward the estimated $7.5 million that will be required over the next 10 years to repair and waterproof the concrete in the Central Grounds, Emmet/Ivy and John Paul Jones parking garages. They will also help with fuel for buses, the price of which has risen about 40 percent since 2007. Additional buses will be needed to address enrollment growth, White said.
P&T raises about $7.5 million annually from parking permit sales, including $3.1 million from the Academic Division and $4.4. million from the Health System, White said.
As an alternative to purchasing a parking permit, U.Va. employees who live near a Charlottesville Area Transit bus line can catch CAT for free by showing a U.Va. ID. For those employees who don't live on a CAT route, carpooling may be a good option. Those who wish to investigate alternatives to driving their own vehicles to work are invited to check out Parking and Transportation's Transportation Demand Management website.