To ensure selection and use of the most cost-effective debt financing to meet current operation and capital project needs.
May 2023Responsible Office
The Vice President for Finance and Treasurer is responsible for assessing and selecting the most cost-effective debt financing alternatives to meet current operation and capital project needs.
The Trustees must approve all debt agreements in excess of $1,000,000 prior to their execution.
Debt instruments shall be reviewed by the Debt Subcommittee of the Budget and Finance Committee annually.