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 2023 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 2023 budget projects:
- $8.8 billion in revenues
- $8.2 billion in spending
President Kristina M. Johnson, Ph.D., highlighted in her second State of the University address a continued commitment to five areas of excellence: academics, research, service and clinical, talent and culture, and operations. The FY 2023 Financial Plan reflects these initiatives and supports progress in each area of strategic focus.
Read the FY 2023 financial 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.