Over the past several years, Parking & Transportation Services expenses have increased as a result of building the West Village garage, mandatory merit and COLA increases and department expansion. Since 2011, the university avoided increasing parking permit rates by temporarily drawing on other revenue sources. With those sources no longer available, parking permit fees and student fees must increase.
After much consideration and consultation with the TU Administration, TUSC, RPAC and the SGA, the decision has been made to increase permit fees for students and faculty/staff by 9 percent for the fall 2014 academic year. The permit rate tiers will also change, with the A tier representing employees who make up to $19,999 per year, and the new top tier representing employees who make $100,000 or more per year. Permit rates for those in the new top tier will increase by 15 percent. In addition to the permit adjustments, student fees will also increase in order to generate funding.
See below for the revised tier structure and associated 2014-2015 permit rates. Note that your rate for fall permits is based on your prior year income as reported by Human Resources.
|
Tier |
Pay Range | Permit Rate |
|
A |
Regular & Contingent Annual F/S Less than $19,999 |
$132 |
|
B |
Regular & Contingent F/S Annual $20K to $39,999 |
$282 |
|
C |
Regular & Contingent F/S Annual $40K to $59,999 |
$444 |
|
D |
Regular & Contingent F/S Annual $60K to $79,999 |
$582 |
|
E |
Regular & Contingent F/S Annual $80K to $99,999 |
$899 |
|
F |
Regular & Contingent F/S Annual $100,000 + |
$949 |
Permit Sales
Faculty/Staff parking permit sales for the fall 2014/spring 2015 academic year will begin in early July. Individuals who utilized payroll deduction as their payment method for the 2013-2014 academic year will have their permits automatically renewed in the beginning of July. Individuals using other payment methods can purchase their permits beginning July 14 at https://auxt2ebizvm.towson.edu/t2/cmn/index.aspx. New permits will be valid effective Monday August 11, 2014.
Please visit the Parking & Transportation website for more information regarding permit sales and rates. For questions, email us at UPARK@towson.edu or call 410-704-PARK.
