August 16, 2011

The Ohio State UniversityBy The Numbers

Geoffrey S. ChatasSenior Vice President,

for Business and Finance and Chief Financial Officer

64,077 Students

48,860 Employees

Ohio State By The Numbers

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909 Buildings

1,764 Acres

1,000 vehicle fleet

40,000 Parking Permits

Ohio State By The Numbers

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75,000 Flowers

15,000 Trees

Enough mulch to cover6 football fields

Ohio State By The Numbers

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More electricity than the city of Youngstown uses in an entire year…..

Ohio State By The Numbers

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Ohio State By The Numbers

$4.7 Billion Dollars

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Where It Comes From

Restricted$0.8 B

Health System$2.2 B

Earnings$0.4 B

General Funds$1.3 B

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Ohio State By The Numbers

General Funds

Other Miscellaneous

$154 M

Student Fees$726 M

State Support$394 M

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Ohio State By The Numbers

The General Funds Budget

State Support Student Fees

Research Indirect Cost Recoveries

SpaceCosts

Academic Support Costs

Taxes

College Budget

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Ohio State By The Numbers

The Earnings Funds Budgets

A More Traditional Business Model:

Monthly Review Estimates

Salaries, Supplies and Equipment Expenses

ProjectedNet Earnings 10

Ohio State By The Numbers

Restricted Funds Budget???

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More GuessWork Than

Precision

Ohio State By The Numbers

Fundraising??

Grants and Contracts?

Scholarships?

Who Wants More??

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Ohio State By The Numbers

EVERYONE!!!

How Do You Decide??

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Ohio State By The Numbers

• Academic Strategy drives funding priorities

• Financial Strategy drives resource availability

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Ohio State By The Numbers

Challenges For the Future

• Aligning resources with academic priorities• Managing reductions in state support • Diversifying revenue streams• Reducing expenditures• Meeting capital and infrastructure needs• Measuring performance• Establishing long-term financial plans