MU parking prices continue to rise: Here’s why
The Memorial Union Parking Ramp has seen a steady rise in annual revenue in recent years.
In fiscal year 2024, the MU made more than $794,000 from its parking ramp, an increase from 2023, when the amount was more than $788,000.
Despite the increase in revenue, the MU has raised permit prices over the past three years. The most significant increase occurred from FY 2023 to FY 2024, where permit fees were increased by an average of 7%.
Permit fees over the past two years saw an increase of 3%. A...
In fiscal year 2024, the MU made more than $794,000 from its parking ramp, an increase from 2023, when the amount was more than $788,000.
Despite the increase in revenue, the MU has raised permit prices over the past three years. The most significant increase occurred from FY 2023 to FY 2024, where permit fees were increased by an average of 7%.
Permit fees over the past two years saw an increase of 3%. A...