Penn Parking Services would like to thank its valued permit holders for their patronage of the University’s parking facilities. Over the last year, Parking Services’ ongoing commitment to enhance the experience of its patrons included multimillion-dollar investments in safety and security, facility repairs and renovations, and aesthetic features throughout our lots and garages. 

In addition, recently implemented federal legislation (The Tax Cuts and Jobs Act of 2017) contains provisions that pertain specifically to parking programs and, in turn, results in a substantial impact on the overall cost structure of Penn’s Parking operations. Parking Services has worked diligently to minimize permit rates to the extent possible and remains committed to investing resources to sustain Penn’s comprehensive parking and transportation infrastructure in support of the campus community. 

Effective July 1, 2019, the following FY20 rates, which reflect a 5% increase, apply to all permit holders. These new permit rates remain favorable to comparable parking facilities in University City and the vast majority reflect a daily parking rate of $9.09, which represents an approximate 20% discount off of other local permit rates and almost 30% less than area transient rates. 

¹  Rates reflect the permit holder’s payroll deduction

—Penn Parking Services