Dig Deeper: Parking Increase Begins Friday - NBC 10 Philadelphia

Dig Deeper: Parking Increase Begins Friday

Starting now, the parking rate in Center and University City will increase by $.50 an hour.

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    As if parking in Philadelphia isn’t already expensive, prices have increased.

    That’s right, Philly, the time has come to fork up another $.50 an hour if you’re parking in Center or University City, according to the Philadelphia Parking Authority.

    That means that parking in Center City goes $2 an hour to $2.50 and from $1.50 to $2 in University City.

    The July 15 increase applies to meters and kiosks in those areas.

    The money from the parking increase along with a property tax hike as well as $10 million from the city’s general fund means an extra $53 million for the Philadelphia School District.