OSU Officials Say T.E.L. Will Hurt Universities
The Ohio State University Board of Trustees is considering a resolution to oppose an amendment to the Ohio constitution.
The Tax Expenditure Limitation or TEL amendment is on the November ballot. It would limit the growth of state & local government spending by 3.5% or the sum of the rate of inflation plus population growth.
Senior Vice President for University Relations, Curt Steiner says, the proposed amendment would apply to fees, licenses and other revenue generated by the university and it would reduce state funds to the university.
Trustees are considering a resolution in opposition to the TEL amendment. Earlier, a committee voted unanimously in favor of the resolution.