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Ohio State outlines financial plan, sets tuition rates

Ohio State outlines financial plan, sets tuition rates
University also details fall back-to-campus reactivation
The Ohio State University
The Ohio State University remains on strong financial footing in the short- and long-term, officials told the Board of Trustees this week.
The university spent tens of millions of dollars since March 2020 to combat COVID-19 on campus and faces revenue losses caused by the pandemic in areas including net tuition and fee revenue, auxiliary revenues and athletics. Yet, long-term, Ohio State is poised to rebound, university officials noted in an interim financial report covering July 1, 2020, to March 31, 2020.
The long-term picture is anchored by an increase of nearly $1.4 billion of investment income for Ohio State compared to the previous fiscal year. ....

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Ohio State University: Ohio State outlines financial plan, sets tuition rates

Ohio State University: Ohio State outlines financial plan, sets tuition rates
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Ohio State University airport land will move to Columbus City Schools

On Tuesday, Columbus Board of Education members agreed to let the transfer of more than 800 acres
go forward with a 6-0 vote. That process will now formally begin. Board member Michael Cole was absent from the meeting.
The board s deadline to make a decision was June 1. The other option was for Dublin to make a one-time payment of $1.15 million to Columbus by June 30.
Having the land in our district long term, we believe, will benefit the district . well past any agreement of cash at this point, Columbus City Schools Treasurer Stan Bahorek told school board members Tuesday evening.
The deal between the two districts dates back to 2016, when central Ohio s suburban districts were most recently revisiting their Win-Win agreements with Columbus City Schools. Every six years, districts revisit the agreement, which has been in place since 1986. Its intention was to halt a potential turf war as the city of Columbus rapidly expanded, annexing neighboring land. ....

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