Excerpt from the Dayton Daily News
Wright State University trustees approved a budget nearly $100 million higher than the previous year, citing revenues and spending higher due to the university’s partnerships, including with Premier Health and Dayton Children’s.
Wright State plans to spend nearly $370 million next year, up from about $277 million in the 2026 fiscal year, which began last summer and completes at the end of June. Sommer Todd, the university’s controller, noted the university’s revenues for this year will match expenses.
The increase includes a 3% raise for many employees, effective Aug. 1, program expansions and investing in students.
As a public university, Wright State will receive about $12.4 million through Ohio’s capital budget for projects such as upgrading deteriorating buildings, replacing HVAC systems and updating technology infrastructure.
WSU expects to get $68 million total from the state in financial support.
Wright State noted in a statement that its external fiscal measures continue to remain strong, including from the state, its accreditor, the Higher Learning Commission, and Moody’s, essentially a credit score often used by large institutions. Around 2017, the university began to face significant financial distress. Since then, its external markers have improved.
