Board of Visitors minutes April 7, 2006 | ||
Purpose
-
1. Monitor debt affordability and capacity through
the use of four key ratios:
- a. Debt Burden Percentage
- b. Debt Service Coverage Ratio
- c. Viability Ratio
- d. Debt Capitalization Percentage
- 2. Clearly communicate with key parties the University’s debt management philosophy and ongoing assessment of debt capacity and affordability.
Board of Visitors minutes April 7, 2006 | ||