Permit Parking Rates--Fiscal Year 1996

For the 1996 academic year permit parking fees will increase an average of 4.85% which equates to a 69 per week increase in most University parking lots. The average permit parking rate will be $2.96 per working day and compares favorably with the minimum daily rate of $6.50 that non-permit holders currently pay in Penn's transient parking lots.
The general permit parking fee structure is responsive to the University policy requiring the Parking Program to be self-supporting. Parking income is used to cover the cost of surface lot improvements (e.g., pavement, fencing, striping, control gates), reduce the construction debt on garages, finance new construction of parking facilities, pay parking taxes and real estate rental fees, pay the salaries of attendants, and cover the cost of operating expenses (e.g., electricity, permit decals, snow removal).

-- Robert Furniss, Director, Transportation and Mail Service

1995-1996 Permit Parking Rates

(15% City of Philadelphia Parking tax included)

Permit Class   Description         Annual Rate   Two-Semester Rate
                                   (Sept-Aug)    (Sept-May)

CLASS 1 (F/S Garages #36,#44) $1,038.00 N/A
CLASS 2 (F/S Core Commuter) $711.00 $555.75
CLASS 3 (F/S Peripheral Commuter) $594.00 $468.50
CLASS 4 (F/S Remote Commuter) $435.00 $344.25
CLASS 5 (Student Commuter) $495.00 $389.25
CLASS 6 (24-Hour Parking) $951.00 $740.25
CLASS 7 (Evening:4 PM-11 PM) $297.00 $240.75
CLASS 8 (Motorcycle Commuter) $117.00 $ 92.25
CLASS 9 (Motorcycle 24-Hour) $234.00 $180.00


Almanac

Tuesday, July 18, 1995
Volume 42 Number 1


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