The Indiana University Board of Trustees heard an update Friday about the university parking plan for the Bloomington and IUPUI campuses.
Last year the Board decided against privatizing campus parking, instead focusing on strengthening existing parking systems.
The new plan includes promoting transparency in rate setting and the use of newer technologies instead of relying on lot attendants.
IU Vice President and Chief Financial Officer MaryFrances McCourt led the university parking task force. She says by not privatizing parking, the campuses have the ability to build or renovate lots and garages.
“That’s a great reason why not privatizing is a benefit for us because with us having control of the assets,” McCourt said. “If IU were to do that, then we have the flexibility to do that and will work that into our models.”
It will take between 12 to 18 months to implement all the changes.