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The Financial State of the UniversityGeoff Chatas, Chief Financial Officer | The Ohio State University

THURSDAY, NOVEMBER 15, 2012 | UNIVERSITY SENATE

University Core Goals2The Financial State of the University3The Financial State of the University4

Look before you leap.To achieve our ambitious academic goals, we need to take a strategic approach:

Where are we going?The Financial State of the University5Otherwise, just where will you land?

Strategy is paramount.

The Financial State of the University6Even before the recession struck, it was evident that expanding our funding streams would protect our academic core as nothing else possible could.

President Gee, Address to Faculty, October 18, 2012The Financial State of the University7We cannot carry out our historic purposes and focus on teaching and knowledge without a firm financial foundation.

President Gee, Address to Faculty, October 18, 2012The Financial State of the University8Ambitious Academic Goals9So, just how do we fund our ambitions?What We Know10Examples of Recent Funding Efforts1111Striving for SimplicityImprove qualityReduce wasteful effortsMaximize our existing resourcesMinimize costsReduce time12

The Financial State of the University13Our bold financing strategies are attracting attention.September 2012: Columbus Business First awarded Transaction of the Year honors for the sale of $500 million worth of 100-year bonds making Ohio State the first public university to issue century bonds.

November 2012: Ohio State earns The Bond Buyer Deal of the Year in the non-traditional financing category for our 50-year lease and concession agreement of parking facilities and operations in exchange for a $483 million up-front payment.

The Financial State of the University14Moodys Investors Service has assigned a Aa1 rating to the university. The outlook is stable.

Standard & Poor's Ratings Services: Long-term Rating AA/Stable

The Financial State of the UniversityWhat the Future Holds15Fourth University Core Goal1616B&F Goals and Vision: 2012-201317B&F Goals: Generation of New Resources

18Resource Generation Scorecard Fiscal 2013 Targets19

University Financial Scorecard: Fiscal Year-to-Date September 30, 201220

Challenges For the Future21Challenges For the Future22The Financial State of the UniversityOptimistic View for the FutureReinvestment in Our Academic CoreAmbitious Goals to AchievePositive Financial State and Outlook

23The Financial State of the UniversityQuestions and Answers24