The Controller's Division is within the Office of Finance and Administration of the Chancellor's Office. The Controller's Division, located in Corvallis on the Oregon State University campus, provides administrative support to the Chancellor and is responsible for agency-wide financial management and assistance. This includes administration of automated agency wide systems for accounting, disbursements, personnel data base and payroll. Other responsibilities include preparation of the agency consolidated financial statements for inclusion in the Statewide Financial Report; disbursement and receipt of all agency funds; establishment and maintenance of accounting policies and procedures in accordance with generally accepted accounting principles (GAAP); calculation and negotiation of indirect cost rates; issuance of debt securities (General Obligation bonds, debt securities and Certificates of Participation); maintenance of debt service program; asset accounting; monitoring the investment of bond building, sinking and donation funds; administration of the endowment investment program; agency-wide travel accounting; and maintenance of the tax deferred annuity program.

The Controller's Division affects students of all State universities, all State system employees through payroll processing, benefits accounting and tax reporting, the general public as a result of vendor payments, other Federal and State agencies, other centralized and institutional administrators, and affiliated organizations.


Current Events

2013-14 Closing of the Books Instructions

The FY 2014 closing of the books instructions have been issued and can be found at Closing of the Books

2013 Annual Financial Report

The Oregon University System 2013 Annual Financial Report has been issued and can be found at Annual Financial Reports.

A-133 Audit Reports

The federal government requires an annual federal compliance and internal control audit of expenditures charged to federal grants and contracts.  The audit, performed for the State of Oregon as a whole, follows the requirements of OMB Circular A-133. The A-133 audit report "Federal Compliance Report and Internal Control Report" is issued annually by the Audits Division of the State of Oregon. See Annual A-133 Audit Reports.   


Controller's Division Staff:

Jefferson Street Building
Oregon State University Campus
Driving Directions

Mailing Address:
PO Box 488
Corvallis, OR 97339-0488

Phone: (541) 737-3636
Fax: (541) 737-0552