Debt Policy Summary

Debt Policy Summary

Debt policy approved by Regent Finance & Facilities Committee and Board of Regents in February 2009; updated May 2013, July 2017, and February 2023.

All capital debt issues must be approved by Regents.

University monitors and provides analysis annually, and as new debt is considered, of:

·Cash & Investments to Debt

·Debt to Revenue

·Debt Service to Expenses

·Average Debt Service Coverage