|
|
|
Welcome to the Budget Update website. Over the course of the past several months, an abundance of information from many different sources has been disseminated widely concerning the current economic situation facing our university, state and nation. The purpose of this Web site is to provide one location for quick and easy access to accurate information about the current economic situation and how it could potentially impact the Ohio University community.
On this website, visitors will find the latest news from the Governor's Budget Office and the Ohio Board of Regents, initiatives undertaken by other public higher education institutions, and Ohio University's budget preparation and planning efforts. In the column at right, a list of resources and contact information for constituent representatives participating in the planning and preparation efforts is provided. If you have ideas or suggestions for ways to strengthen our operations, I encourage you to share your ideas and suggestions with the appropriate representative.
As we receive news from our state leaders and others, we will continue to update this site with timely, accurate information.
Cordially,
Roderick J. McDavis
President |
|
|
President's message on state budget
Following is an excerpt from a memo President Roderick J. McDavis distributed via e-mail to the University community on July 1, 2011. Click here to read the full memo.
Dear Faculty, Staff, and Students:
The purpose of my message is to highlight key higher education-related aspects of the biennial budget that Governor John Kasich signed into law on June 30th. The state budget underscores the importance of the work the entire university community did over the last year to plan and prepare for the anticipated changes and affirms the actions of the Board of Trustees in its approval of the Ohio University 2011-12 budget late last week.
The budget addresses affordability and access by funding the Ohio College Opportunity Grant at the $37 million level for four-year public universities, and by limiting tuition changes at public universities to no more than 3.5 percent increase per year. In an effort to encourage native Ohioans to return to their home state, the bill also grants residency status for purposes of in-state college tuition to Ohio high school graduates who enroll in an institution of higher education, regardless of their location of residence prior to enrollment.
While the final budget resulted in a reduction in the State Share of Instruction (SSI) and the elimination of some line-item appropriations for Ohio University, our long-term financial planning efforts, transition to Responsibility Centered Management (RCM), and faculty and staff efforts to increase revenues and improve our efficiencies will strengthen our ability to offset these reductions.
Read the full memo
|
|
|
