Energy conservation measures will improve lighting at dozens of campus buildings and create a more efficient heating and cooling system for a campus laboratory building through capital projects to be launched this spring.
Ohio State's innovative approach to capital markets will save the university another $11 million through the issuance of the Series 2017 General Receipts Bonds.
On Dec. 6, the university successfully issued nearly $70 million in bonds that advance refunded the Series 2008A General Receipts Bonds. With a true interest cost of 1.9 percent, the new bond issue will save Ohio State $11.1 million in debt payments compared with the previous issue.
Effective Jan. 1, 2018, the mileage reimbursement rate will increase from 53.5 cents per mile to 54.5 cents a mile for all business miles driven from Jan. 1, 2018 through Dec. 31, 2018.
The Payroll Tax Office strongly urges you to take a close look at your paystub to ensure that your information is accurate. Here are a few reminders about what you should review:
Is your work location listed correctly for tax purposes?
As an employer, Ohio State is required to withhold local tax for the city in which you work. The work locality can be found on your paystub under the Tax Data section. If this is not correct or you have multiple work locations that aren't displayed, please contact the Payroll Tax Office at 614-292-2311 or taxoffice@osu.edu...
Ohio State's innovative approach to capital markets will save the university another $11 million through the issuance of the Series 2017 General Receipts Bonds.
On Dec. 6, the university successfully issued nearly $70 million in bonds that advance refunded the Series 2008A General Receipts Bonds. With a true interest cost of 1.9 percent, the new bond issue will save Ohio State $11.1 million in debt payments compared with the previous issue.
Ohio State was able to take advantage of favorable market conditions because of our innovative multiyear debt issuance program, which provides the university with flexibility to quickly...
Since 2012, Ohio State has pursed an innovative funding strategy that has generated $2 billion in support for the university.
These relationships, with banks, insurance companies, apparel companies, and other corporate partners have created tangible benefits for the Ohio State community.
Some examples from the past year:
Scarlet and Gray Financial Counseling provides a comprehensive suite of financial wellness services to students throughout their college careers. This Office of Student Life program has grown dramatically since it was created in 2012-13, supported largely through relationships with corporate partners. Last school year, Scarlet and Gray...
Since 2016, the University Institute for Teaching and Learning has provided faculty with opportunities to share successful teaching techniques and support adoption of modern methods that enhance student learning.
But the university community might not be familiar with the innovative source of funding for this essential resource: Ohio State's contract extension with NIKE.
That extension, valued at $252 million over 15 years, includes more than $41 million in support for the university outside of athletics. Ohio State utilized $10 million from this relationship to establish an endowment that is now providing annual support for the...
The Ohio State University Travel Office is announcing that a recorded version of the Introductory Travel Workshop is now available in BuckeyeLearn.
The link above will allow you to access the recorded Travel session. I f the link does not launch the correct content, this alternate link will both "register you" and launch the player for the recorded session.
Description : This two-hour recorded webinar explains the basics of business travel for Ohio State; covering the Travel Policy and specific travel resources for developing a travel budget and initiating...
Ohio State's investment portfolio earned a +14.5 percent return for fiscal 2017, placing it among the top quartile of university endowments for the year.
The market value of the Long-Term Investment Pool was $4.25 billion as of the June 30 end of the fiscal year. Since then, Ohio State has invested $819 million in proceeds from the Comprehensive Energy Management Project in the LTIP, bringing the market value to more than $5.15 billion as of Oct. 2.
Ohio State's investment team outperformed the benchmark for each major asset class in fiscal 2017, surpassing the portfolio benchmark...
