Parking rates to climb in Downtown Madison on Monday | News
The process to change parking rates approved by the Madison Common Council and the Transit and Parking Commission will start on June 4 and will continue for at least a month or two until completed.
The additional money will be targeted for eventual replacement of three parking garages that are at or near replacement age. In addition to providing new facilities, the proposed rate increases are needed to replace on-street meters, and to repair and maintain current facilities, officials said.
Many rates were left unchanged including: residential parking permit fee, hourly rates at State Street campus, as well as evening and weekend maximums.
Other rates will increase between 5 to 25 cents per hour. The special event fee will increase from $4 to $5 per event. Most downtown street meters will be $1.75 per hour. Rates in lots will increase between 5 and 30 cents per hour.
The last system-wide rate increase was made in June 2009.
For more information, go to www.cityofmadison.com/parkingUtility.