University operating budget
Each year, Financial Planning & Analysis develops a budget blueprint for the university in consultation with colleges and other Ohio State units. The Board of Trustees ultimately approves the budget plan.
Fiscal year 2022 financial plan
Ohio State continues to invest in our strengths as a leading national flagship research university and thriving academic medical center.
Our consolidated Fiscal Year 2022 budget projects:
- $8.4 billion in revenues
- $7.9 billion in spending
Dr. Kristina M. Johnson became the 16th University President in August 2020. In her first State of the University address, President Johnson announced a commitment to four areas of excellence: academic, research and creative expression, entrepreneurship and partnerships, and service to the State of Ohio, the Nation and the World.
The FY 2022 Financial Plan reflects these new initiatives and enhances upon the strategic pillars of the Time and Change Strategic Plan.
Note: The operating budget is prepared as a planning document for the university and uses the best assumptions and expectations available when it is created. The audited financial reports prepared through the Controller's office reflect final performance based on actual circumstances.