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Pandemic Deepens Ohio University’s Budget Crisis
By: David Forster
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ATHENS, Ohio (WOUB) — Ohio University expects to lose about $20 million in revenue because so many students are choosing not to return to campus this semester. This is just one piece of a projected budget deficit of $32.2 million for the current fiscal year, forcing the university to again dip into its reserves to… Read More
Ohio University Leaders Struggled To Forecast Depth Of Budget Crisis
By: David Forster
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Editor’s note: This is the first in a series of stories that will examine the budget crisis that has left Ohio University looking to cut millions of dollars in expenses. As the region’s largest employer, the decisions it makes can have a profound effect on the local economy. The stories will look at the specific… Read More
Ohio University Projections Show Millions In Deficits
By: David Forster
Posted on:
ATHENS, Ohio (WOUB) — Ohio University is looking at a more than $290 million budget deficit over the next five years if revenue and expenses are not brought into closer alignment. That budget gap would be plugged with money from the university’s reserves, and the biggest pool of money in these reserves could be drawn… Read More
OU Executive’s Bonus Raises Questions About Transparency
By: David Forster
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ATHENS, Ohio (WOUB) — One thing the payment of a $100,000 bonus to an Ohio University senior executive a few months ago has made clear is that this can be done in private. No public vote was taken, and no other public disclosure was required. Had the university’s board of trustees signed off on the… Read More