Last year, PaTS posted an article about how permit proceeds from that academic year were spent. The bottom line was that in the 2012 fiscal year, permit sales income (which includes all student, faculty and staff permits) was $6.5 million dollars. No question, that’s a lot of money!
Keep in mind though, that almost all the money from parking permit sales and visitor parking charges goes into design and construction of new decks, paying back construction bonds on existing decks, and maintenance/upkeep of all campus lots and decks (replace lights, repair surfaces, repaint stripes, etc.). So in 2012, PaTS spent $3 million in debt payments for decks already built and $4 million toward building the new South Village Deck ($500,000 more than permit sales brought in).
Here’s the update for fiscal year 2013:
Income: $9.17 million
- $6.8 million from permit sales
- The balance was from visitor parking fees, F/S premium gated access, etc.
Operating Expenses: $8.97 million
- $3.7 million was for debt service on existing decks;
- $1.3 million for CATS Campus Shuttle;
- $1 million for major repairs;
- $935,000 was for salaries (which includes enforcement personnel, most of whom are student workers).
The difference this year may look like a surplus of $205,500 — BUT — there was also $17 million in Capital Projects (CRI 1, North, and South Village decks) and that’s bond money that must be paid back with interest. So the $205,500 will go straight toward future years’ payment of debt service on those decks.
Permit prices are set to support a 10-year business plan that ensures that new decks can be built as enrollment growth demands, that parking removed by new buildings can be replaced, and that existing parking facilities are maintained so as to extend service life.
UNC Charlotte has had to build five parking decks within the last ten years.
- State funds are not used to pay for parking facilities;
- Tuition dollars don’t supplement parking;
- Citation fines cannot supplement construction/maintenance of parking lots and decks*;
- That means that parking has to be self-supporting and that’s what makes permits so expensive.
Unless/until demand for parking goes down, permit prices may continue to rise, but PaTS is committed to doing everything possible to minimize increases.
PaTS will continue to publish the numbers every year so that you can know where the money goes. We’re also happy to answer your questions about parking. Tweet @unccparking or write email@example.com.
*PaTS and the University reap no financial benefit from citation fines. Citation proceeds are governed by a State statute (GS 115C-457.1-3 – p. 305) which says that civil fines (i.e., parking tickets), minus the cost of collection, have to be remitted to the State of North Carolina, which then allocates the money to local K-12 public schools. The cost of collection cannot exceed 20% regardless of how much is actually spent to provide enforcement and collect the fines. Unfortunately, it costs PaTS more than the 20% they're allowed to keep to cover the cost of enforcement.
Night photo of North Deck