Serving New York MEMORANDUM Bureau of Parking Management March 7, 2011 10: All Permit Holders FROM William Hill, Deputy Commissioner SUBJECT Parking Fee Increase Effective April 1, 2011, monthly parking fees will inerease as follows Type Old Rate Surface $23.76 Surface Reserved $47.52 Covered $47.52 Covered Reserved $95.04 Grand Street Carpooling $15.12 or those on payroll deduction, the increase will automatically take effect during payroll period #1, covering the period of March 31 through April 13. If you are on the administrative payroll, you will see the increase in your check on April 27, 2011. If you are on the institutional payroll, you will see the increase in your check on April 20, 2011. For those on quarterly billing, the new rate will take effect in your April 1 ~ June 30, 2011 bill. New Rate $24.84 $49.68 $49.68 $99.36 $16.74 The new payroll deduction rates will be as follows (new rate x 12 / 26 payroll periods): . ‘Type Rate beginning Payroll #1. Surface $11.46 Surface Reserved $22.93 Covered $22.93 Covered Reserved $45.86 Grand Street Carpooling $7.73 Surface Carpool Incentive Program $2.87 Covered Carpool Incentive Program $5.73 (All figures include 8 percent sales tax) OGS Parking Management makes every effort to contain its operating expenses. ‘These increases have been negotiated with the various employee unions to recover the cast of both the trast and Sheridan Avenue parking garages. If you have any questions regarding the rate inerease, please contact OGS Parking Management at (518) gio