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By Shelby Brown–
Prepare to pay more for parking and university housing this fall as trustees seek even the most modest increases in revenue to plug the $48 million shortfall first discovered in January.
For the first time in six years, the university will increase its parking rates. Three members of U of L’s Board of Trustees were presented plans to hike permit prices in a budget workshop May 17.
The increase is projected to generate an additional $157,400 in revenue.