Wednesday, October 28, 2020

OSU projects budget deficit - Bennett Hall, Gazette Times

In the face of ongoing financial challenges from the coronavirus pandemic, the Oregon State University Board of Trustees on Friday signed off on a revised budget for the current fiscal year that still leaves the university short of the break-even point. Meeting via videoconference, the trustees voted unanimously to approve a 2020-21 budget that includes about $1.292 billion in revenues and $1.357 billion in expenses, a projected shortfall of roughly $65 million. As bad as that sounds, it could be worse.

https://www.gazettetimes.com/news/local/osu-projects-budget-deficit/article_482a9680-bcaa-5c89-b6ff-a45f30542cc6.html