Last updated 7:41PM ET
October 20, 2017
WOUB Local News
WOUB Local News
McDavis says OU still looking at governor's funding plan
(2007-03-22)
(WOUB) - Ohio University President Roderick McDavis says the school is taking a long hard look at Governor Ted Strickland's plan for higher education.

In his State of the State address last week, Strickland outlined record funding increases for Ohio's public colleges and universities. He plans to give schools a five percent hike in the state's basic instructional subsidy.

But there's a catch. In exchange for the money, universities would have to agree not to raise tuition next year. And universities would also agree to just a three percent hike the following year, to get a two percent raise in state funding that year.

Ohio University is already considering increasing tuition next year in order to offset a projected $6.2 million budget shortfall.

McDavis says if OU agrees to Strickland's plan and not raise tuition, then the projected budget deficit will rise to around $11 million. But he says is also plenty of political capital at stake in deciding where or not follow the governor's plan.

McDavis says a university budget planning council is already taking a look at how to make up an initial projected deficit. He says the council is also considering how to make up the bigger deficit that comes with Strickland's plan but either way must present the OU's Board of Trustees with a balanced budget for 2008 when they meet in June.

McDavis says the university will also weigh the Board of Trustees' opinions on Strickland's plan when they meet in April.
© Copyright 2017, WOUB