Ohio U. OKs budget, plan B - Business First of Columbus:

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Trustees of the Athens school recentlyg signed off ona $684 millionj fiscal 2010 budget, but also laid the framework for potential tweaks as state legislatore hammer out a two-year budget by a Tuesdauy deadline. Included in the trustees’ budget resolution, the school is a provision giving President Roderick McDavis the poweer to make adjustmentsif higher-education funding cuts are made to help plug a projecte d $3.2 billion state budget gap.
Ohio University official s said that in the event of reduceedstate funding, the school could fill part of a budget gap with anticipate d revenue from enrollment and retention increases that haven’ been factored into the existing But other plans are on the including potential employee The school’s existing budget already includes adjustments in light of tougher times. Becausre of a shortfall in investment income, OU is usinv some cash from itsgeneral fund, intended for instructiom and administration, to suppory scholarships and financial aid.
The university’s Voinovich School of Leadership and Publix Affairs also is receivinga $500,000 boost in fundinvg amid lower state support.