On October 5, 2020, we initiated several approved and planned parking rate increases. However, on October 23, 2020, we made the decision to delay this planned rate increase until April 2021. We recognize that we are still in the midst of a pandemic that continues to cause financial challenges for many residents and businesses, and we heard from many of you who shared concerns around the impact of the delayed April rate increase. We have listened to your feedback, considered the options, and agree that this is not the right time to make this change. For this reason, we are again delaying hourly and monthly parking rate increases until January 2022.
We will also continue to offer the Downtown Durham Employee Parking Permit, a lower-cost option for evening employees who use the downtown garages. You can find full details regarding this permit option at www.ParkDurham.org.
Like many of you, our local government has been financially impacted by the pandemic and has to consider how we can continue to fund the transportation services and projects our community relies on. This includes payment for pre-pandemic initiatives like the new Morgan-Rigsbee Parking Garage, security upgrades at our garages, and improved payment stations—all efforts to improve the parking experience. In light of the delayed rate increases to January 2022, we will continue to look for cost savings and strategies to help offset the financial impact of COVID-19 on our organization and community.