Wright State is projected to have overspent by more than $120 million over the past six years, spending down most of its reserve funds.
News and Announcements
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Apr 27, 2017
The Big Lens Film Festival usually sells out, and seating is general admission.
Apr 26, 2017
Wright State has to trim $25 million from its upcoming budget while also boosting the school’s reserve fund by $5 million.
STRS Board votes to eliminate future cost-of-living increases to preserve fiscal integrity of system
Apr 22, 2017
Current benefit recipients’ base benefit and past cost-of-living increases will not be affected by this change.
Apr 22, 2017
Ohio House Speaker Cliff Rosenberger a year ago warned legislators to exercise caution in dealing with Wright State
Apr 21, 2017
Ohio pension systems are required to be able to pay off their unfunded liabilities within a 30-year window.
Apr 21, 2017
The leadership changes come as the school is dealing with a financial crisis that requires the administration to cut $25 million from next year’s budget to balance the books.
Apr 8, 2017
WSU Trustee Doug Fecher said WSRI suffered from a culture that coveted winning research contracts at any cost and lacked controls and transparency. Only a handful of people knew the full scope of WSRI operations and trustees weren’t in the loop until they were briefed on the Plante Moran audit in 2015.
Apr 7, 2017
Wright State’s interim president Curtis McCray and several other top officials said that “budget heads” should be punished for spending more than they’re supposed to.
Apr 2, 2017
A Dayton Daily News examination of financial data from the university found that it was losing millions of dollars a year even while pitching rosy forecasts to board members.
