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NEWS RELEASE

06/09/92

CONTACT: Stanford University News Service (415) 723-2558

Parking to cost $56-$224 at Stanford in 1992-93

STANFORD -- The "A" parking sticker at Stanford University will cost $224 for the 1992-93 academic year, up from $200, parking and transportation officials have announced.

"C" stickers, which are good in lots and structures somewhat farther away from most workplaces, will cost $56, an increase of $6 over the previous year's charges. The same price will be charged for resident student permits.

The free "Z" permits, good only in outlying lots, will continue to be issued on request, and carpool drivers will still be able to apply for free "A" or "C" permits (depending on size of carpool). Service vehicle permits, which are issued to departments and vendors, will cost $336 in 1992-93.

The annual permit prices are consistent with a seven-year plan adopted by the university in 1988, said Julia Fremon, manager of the Transportation Programs office. Under the plan, parking fees escalate each year to cover incremental operating costs and help pay for parking construction. The fees were not raised last year because employee raises were deferred by six months, part of the university's response to its budget deficit.

Parking fees cover the cost of parking operations, the Marguerite shuttle system, carpool and bicycle programs, and paratransit services for the disabled. Fremon said reorganization and streamlining over the past two years have increased services to customers while the Transportation Programs budget has risen only 2 percent a year.

Parking fees also have contributed to the cost of building new parking. In 1992-93, 38 percent of the income will go to the parking construction fund, up from 32 percent in 1991-92. The fee money augments the principal source of funds for parking construction, which is a "tax" on new academic buildings.

The fee structure contains several new features, Fremon said. A new 9-month resident permit and the introduction of quarterly and monthly permits for faculty and staff will reduce the costly refund system for people who leave in mid-year, and allow students who leave campus in summer to get a fairer rate.

The 9-month student permit will cost $42. Quarterly "A" permits will cost $60, and quarterly "C" or resident student permits will cost $18 under the plan approved by the University Committee on Parking and Transportation and by Ray Bacchetti, vice president for planning and management. Monthly "A" permits will be $22; monthly "C" and student permits $8.

Day use permits will cost $4 (for use in "A" lots) or $1 (for use in "C" or student parking areas). One-day service stickers will cost $6.

Long-range funding strategies are under study by the parking- transportation committee and other advisory groups, Fremon said. The academic building program has slowed down, producing less money for parking construction than was forecast in the 1988 plan.

Fremon said the groups are examining options for responding to the funding gaps and hope to formulate recommendations over the summer for discussion in a variety of community forums next fall.

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