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 down to zero in three years under one budget scenario. This grim news was delivered to the university’s board of trustees at its meeting last week.
https://woub.org/2020/10/12/ohio-university-projections-show-millions-in-deficits/
