Transportation Department Finance
Where Does the Money Come From?...How Do We Use
It?
NCSU Transportation is totally receipts supported and does not
receive funding from any other source; we do not receive any appropriated
money.
A recent NC Supreme Court
ruling impacts the Transportation budget. This ruling affected all
16 UNC school systems and directs the majority of funds generated
by parking citations to the local school systems.
Meeting Parking Demand
As the University has grown, the parking system has also grown to
accommodate increased need. From 2003-2006, 3,000 spaces have been
added bringing the parking space inventory to approximately 19,000
spaces. The majority of these new spaces are in parking decks, which
require more extensive and expensive maintenance (structural checks,
lighting, etc.)
Campus Paths Plan
Although Transportation has cut or postponed many projects, in addition
to more parking spaces, several traffic initiatives have been implemented
which have increased safety and ease of travel around campus –
new traffic pattern around the Coliseum Deck/traffic signal at Cates
Avenue and Pullen Road, additional exit lane on Morrill drive to
facilitate traffic flow exiting campus. All of these improvements
have generated positive and measurable results. Visit Campus
Paths to learn more about recommended transportation improvement
projects.
Funding Levels Equal Service Levels
The level of service provided is contingent on the level of funding.
From monies collected, Transportation administers parking services,
campus transit, and maintains all parking lots and decks including
paving, repairs, snow removal, and lighting.
Revenues are derived primarily from the sale of parking permits,
paylots, parking meters, and the student transit fee. Our revenues
for the fiscal year ended June 30, 2005 were approximately $7.8
million. Transportation expenditures were approximately $7.8 million.
For a detailed breakdown of our revenues and expenses, visit the
following detailed Web pages:
Transportation's Source of Revenue
for the Fiscal Year Ended June 30, 2005
Transportation's Expenditures for
the Fiscal Year Ended June 30, 2005
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