ISU Parking makes $5 million: Here’s where the money goes
Parking costs at Iowa State have steadily climbed in recent years, and so has the department’s revenue.
The ISU Parking Division reported a revenue of nearly $5.1 million in fiscal year 2024, an increase from nearly $4.8 million in 2023.
During the same period, permit fees increased by nearly 3.1% on average, while the parking division’s revenue increased by 6.7%. The increase in revenue outperformed rising fees, in part because the price of violations rose by an average of more than 5.4% durin...
The ISU Parking Division reported a revenue of nearly $5.1 million in fiscal year 2024, an increase from nearly $4.8 million in 2023.
During the same period, permit fees increased by nearly 3.1% on average, while the parking division’s revenue increased by 6.7%. The increase in revenue outperformed rising fees, in part because the price of violations rose by an average of more than 5.4% durin...