OREGON STATE UNIVERSITY
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Oregon State University Transportation Services is a self-supported auxiliary. This means that all revenue collected supports the services and infrastructure for parking on the OSU Corvallis campus.
In addition to the services that we provide, we own, maintain and replace equipment and facilities including approximately 90 parking lots, the parking garage, Beaver Buses, bike lockers, and bus shelters.
Expenses related to parking operations include maintenance of parking facilities, vehicles and equipment, employee salaries and benefits, supplies, minor equipment, utilities, transportation options program and Beaver Bus operations.
Transportation Services maintains a Reserve Fund for capital expenses, like new parking lots, and for the maintenance or repair of parking facilities and capitalized equipment. The fund is replenished by transfers from the operating fund equivalent to the average estimated expenditures of our ten-year capital plan.
Parking revenue includes annual, monthly, and daily parking permit sales, parking meter payments, parking fines, internal sales (to OSU departments), and miscellaneous revenue from bicycle locker rentals, surplus sales and reimbursements from outside entities.
This chart represents the expenditures made in Fiscal Year 2023 (July 1, 2022 through June 30, 2023). Revenues above operational expenditures are transferred to the unit's reserve funds for capitalized construction projects and equipment replacement.
This chart represents the revenue received in Fiscal Year 2023 (July 1, 2022 through June 30, 2023).
Expenses: $4,015,022
Revenue: $4,024,856
Expenses: $1,830,076
Revenue: $1,720,790
Expenses: $2,873,967
Revenue: $3,191,585
