COVID-19 parking and transit updates
# Commuter, Resident, and Summer Permits Were Combined Into One Annual Student Permit Fall 2004
## Permit Type Discontinued after 2003
Most rate increases can be attributed to the construction of parking garage structures.
It costs approximately $15,000 to $25,000 per space to build a garage depending on size and outside façade desired.
A surface space can be constructed for approximately $2,500 to $3,500 per space including drainage and lighting.
At times, depending on the economy this price range will handle concrete lots as opposed to asphalt.
TAMU has constructed five garages since 1988 – the first was the Northside Garage in 1988.
The University Center Garage and the Southside Garage were both completed in 1991, the Central Campus Garage in 1998, and the West Campus Garage and Pedestrian Passageway in 2003.
Because of the construction, our annual debt service has increased to approximately $7,000,000, or 49% of revenues in the current fiscal year.