- Sustainable Transportation
- Beaver Bus
- Motor Pool
- New to OSU
- About Us
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 asset depreciation and any revenue over expenses, although due to COVID-19 the FY20 transfer amount was lower than originally planned. The ending reserve fund cash balance for FY20 was just under $2.88 million, after a transfer into the fund of just over $205K from the operating budget.
Parking revenue includes annual, monthly, and daily parking permit sales, parking meter payments, parking fines, internal sales (to OSU departments), and miscellaneous revenue from Beaver Bus rentals, bicycle locker rentals, surplus sales and reimbursements from outside entities.
In the second half of fiscal year 2020, Transportation Services revenue was reduced by over $1M through refunds to annual permit holders and the cessation of parking charges from April to mid-July. The significant loss of revenue resulted in a workforce reduction of three employees and reduced FTE for remaining employees.
This chart represents the expenditures made in Fiscal Year 2020 (July 1, 2019 through June 30, 2020). 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 2020 (July 1, 2019 through June 30, 2020).