On-campus parking permits will increase 3 percent for fall 2015 and each of the next four years thereafter — a 15 percent hike, all told. After that, an inflationary increase of 2 percent will be assessed each year.
The increase comes at the request of Transportation Services, said Texas A&M chief financial officer Jerry Strawser in an email to faculty and staff.
Revenue generated from the increases will go toward as many as five parking garages set for construction within the next 20 years. It will also be used to maintain roads and sidewalks on campus and to construct surface parking areas, according to the email.
The most recent increases came in 2009 (10 percent) and 2010 (4.2 percent).
Campus parking passes to get price bump beginning fall 2015
April 15, 2015
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