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General Ohio University Discussion/Alumni Events Topic
Topic: Presidential search
Page: 6 of 6
BillyTheCat
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BTC
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BillyTheCat
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Posted: 4/15/2023 12:20 PM
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Campus Flow wrote:expand_more
The Resources, Facilities and Affordability Committee met to discuss the forecast for Fiscal Year 23, an update on special course fees and items addressed by the advancement group.

The FY23 forecast original budget contained about a $1 million deficit; however, this prediction was wrong, and the forecast now shows almost a $39 million surplus for this year, Senior Vice President, Mark Heil, said.

https://www.thepostathens.com/article/2023/04/ou-board-of...
Another nice surplus for OU (39 million) on the back of a large freshman class. The university keeps over deliverying on freshman class target that would be another 50-55 million per yer to put into research to help solidify the R1 ranking. Structural pandemic downsizing was a good move.
$39 Million dollar surplus and won't give classified staff a raise.
OhioCatFan
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Member Since: 12/20/2004
Location: Athens, OH
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Posted: 4/15/2023 5:03 PM
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BillyTheCat wrote:expand_more
The Resources, Facilities and Affordability Committee met to discuss the forecast for Fiscal Year 23, an update on special course fees and items addressed by the advancement group.

The FY23 forecast original budget contained about a $1 million deficit; however, this prediction was wrong, and the forecast now shows almost a $39 million surplus for this year, Senior Vice President, Mark Heil, said.

https://www.thepostathens.com/article/2023/04/ou-board-of...
Another nice surplus for OU (39 million) on the back of a large freshman class. The university keeps over deliverying on freshman class target that would be another 50-55 million per yer to put into research to help solidify the R1 ranking. Structural pandemic downsizing was a good move.
$39 Million dollar surplus and won't give classified staff a raise.
It is a crying shame. I agree entirely. [Note for the BA record book. I've now agreed with BTC three times in 2023. Could end up a record setting year.]
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