Wednesday, December 23, 2015

Ohio University responds to budget deficit projections - Danielle Keeton-Olsen, The Post

Ohio University stands by President Roderick McDavis' statement that OU is in "strong financial health," according to Bethany Venable, an OU spokeswoman, in response to a previous Post report. She said OU has revenues beyond tuition and other fees to cover any shortfall. "We would never present an operating budget with a $24 million deficit to the Board of Trustees," she said in the email. That figure is drawn from a new way the university budgets, Venable said. The next Board of Trustees meeting is Jan. 22. http://www.thepostathens.com/news/ohio-university-projects-multi-million-dollar-budget-deficit-according-to/article_0cb22ec2-a29e-11e5-91a9-a7a38a821546.html