CORVALLIS, Ore. – The Oregon State University Board of Trustees Friday approved an operating budget of $1.3 billion for fiscal year 2019 to support university teaching, research and community engagement activities while investing in strategic university initiatives.
The overall operating budget projects revenue growth of 4.3 percent, and growth in expenditures for personnel services and supplies and services and transfers out to other funds of 4.2 percent.
OSU President Ed Ray said the budget will support the university’s strategic priorities to provide a transformative educational experience for all learners; demonstrate leadership in research and teaching in OSU’s signature academic and research areas; and strengthen the university’s impact in Oregon and globally.
The budget will focus investment in strategic OSU initiatives, including:
In other business, the board:
About Oregon State University: As one of only two universities in the nation designated as a land, sea, space and sun grant, Oregon State serves Oregon and the world by working on today’s most pressing issues. Our more than 31,000 students come from across the globe, and our programs operate in every Oregon county. Oregon State receives more research funding than all of the state’s comprehensive public universities combined. At our campuses in Corvallis and Bend, marine research center in Newport and award-winning Ecampus, we excel at shaping today’s students into tomorrow’s leaders.
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