Public input needed Wednesday . . . or send in your comments before then!
The Madison Transit and Parking Commission will hold a public hearing on a proposal to modify parking rates at Parking Utility-operated lots, garages and on-street meters, and for residential parking permits. The hearing is scheduled for Wednesday, March 9, 2016, at 6:00 PM, in Room 260 of the Madison Municipal Building, 215 Martin Luther King, Jr., Boulevard. The public hearing is part of the Transit and Parking Commission’s regularly scheduled meeting that starts at 5:00 PM.)
Staff is recommending the rate schedule proposal. The schedule is subject to change prior to the public hearing. If approved, rate changes are proposed to take effect June 2016. The last system-wide rate increase was made on June 1, 2012.
The proposed parking rate increases will serve several purposes, the most important being to develop sufficient cash reserves to replace parking garages. The Utility has three garages 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.
The proposed rates for monthly parking continue the Utility’s policy of charging lower rates for residents than non-residents. This discounted rate for residents is seen as a means to assess non-residents for a portion of the costs of the City’s transportation infrastructure. Eligible carpoolers also qualify for the discounted resident rate.
Citizens are welcome to address the Transit and Parking Commission at the March 9, 2016 hearing, with each speaker allowed a maximum of five minutes to present comments. If you cannot attend the March 9th hearing and wish to submit written comments, please mail them to: Madison Parking Utility, PO Box 2986, Madison WI 53701-2986; or email them at: parking@cityofmadison.com.
View proposed new rates: New Parking Rates Proposed for 2016
5 – 45 cents per hour increase in garages
$5 increase on tickets
10 – 25 cents per hour increase on street meters
10 – 30 cents per hour increase in parking lots
$10-40 hours a month increase for monthly parking
Yearly parking fee for RP3 stickers downtown goes from $21 to $28
