|Overall Rating||Gold - expired|
|Submission Date||March 19, 2014|
University of Vermont
OP-T2-33: Cash-out of Parking
|0.25 / 0.25||
Transportation and Parking Services
Does the institution allow commuters to cash out of parking spaces (i.e., it pays employees who do not drive to work)?:
A brief description of the program:
At the University of Vermont each individual user of a parking space must pay for that use. Relative few parking spaces are available on main campus, and there is a waiting list for proximate parking permits. The financial incentives are strong enough to incentivize many people to walk, bike and take the bus. Parking fees subsidize buses and other commuting alternatives.
This STARS credit is predicated on the notion that parking is often free on campuses, and that therefore an appropriate financial incentives for people to reduce their use of the campus parking is to pay them not park. In responding in the positive about this "best practice" regarding UVM's practices, we are assuming this credit is intended to be about financial incentives for not parking, versus the specific practice of paying people not to park.
The website URL where information about the program is available: