Relationship of the Ohio Board of Regents and the Commission

Even though the Commission is a state agency with general administrative powers, the Commission has not found it necessary to hire a staff and establish a permanent office. Rather, the Commission has chosen to rely on Bond Counsel and the services of the OHEFC Administrator, who is employed by the Ohio Board of Regents.

The Ohio Board of Regents provides three services to the Commission:

Accounting and Recordkeeping - Commission files are maintained in the Board of Regents offices. Accounting records are kept for revenue and expenditures of the Commission.
Meeting and Project Coordination - As mentioned above in the general procedures section, all project applications are sent to the Regents' offices. Coordination between the institution, Bond Counsel, and the Commission Members is handled by the Regents staff.
Analyses - From time to time the Regents' staff has provided financial and/or programmatic analyses of specific projects being considered by the Commission.

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