Parking Decal Prices Rise Following Four-Year Reprieve
Posted: May 18, 2000 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am
By Patty Snellings
The cost of parking on campus increases with the 2000-2001 academic year. Decal prices are set at $140 per year for general surface parking and $350 annually for reserved surface parking. Reserved deck parking remains unchanged at $425 per year, and semester decals are available for $75 for fall and spring, and $40 for summer. These rates were approved by the Board of Visitors at its meeting yesterday.
“This is the first increase in parking decal prices in four years,” says Ken Bumgarner, associate vice president for University Services. “Revenue from the sale of decals and other income sources–such as deck fees, event rentals, and parking citations–repays the debt service incurred when lots and the deck were constructed. Infrastructure projects, including lot renovations and deck and lighting maintenance, also are funded from these sources. Operating expenses and capital improvements now exceed our revenue.” Virginia law prohibits the use of general fund, tuition, or student fee revenue to support parking operations.
Recent physical improvements at the Fairfax Campus include the addition of 138 new spaces in Lot C. Repaving and restriping of other lots around the campus have improved access and increased the number of available spaces in these lots. In addition, construction is underway to increase deck parking by approximately 300 spaces; completion of this project is expected during the fall semester.
Restriping of lots at the Arlington Campus has resulted in additional parking spaces, and the feasibility of other parking options also is under consideration. Plans for additional parking at the Prince William Campus are in the design phase to meet increased needs as new buildings are introduced.
“We’ve developed a three-year financial plan to address our infrastructure funding and become self-sufficient,” says Bumgarner. “The increase in parking fees allows us to stabilize parking operations and move ahead with new initiatives outlined in this plan.” No additional rate increases are anticipated during the next three years.