欧美视频

The 欧美视频's strong ability to meet financial commitments over the years has made it possible to construct facilities such as The Crossing: South and Holden, a retail-student housing facility which connects UCM to Warrensburg's downtown area from the northwest side of campus.

WARRENSBURG, MO 鈥� The 欧美视频 has received a long-term rating of 鈥淎+鈥� by Standard & Poor鈥檚 (S&P) Global Ratings for the sixth consecutive year regarding its Missouri Health & Educational Facilities Authority鈥檚 (MoHEFA) series 3013C, 2018A and 2018B educational facilities bonds. In addition, as a result of UCM鈥檚 dedication to sound financial operations, the rating continues to include a stable outlook.

In its rating action, S&P Global noted, 鈥淭he stable outlook reflects our favorable view of the university鈥檚 continued operating success, which is fueled by the rebound and continued growth in graduate enrollment and management's conservative approach to financial management. Furthermore, the outlook reflects the university's healthy financial resources, which, despite market volatility, increased in fiscal 2022 and continue to provide ample support to the university. Finally, the outlook reflects UCM鈥檚 manageable debt burden, which, absent any additional debt, will materially decline over the next few years and the university continues to amortize debt.鈥�

S&P Global Ratings provide a forward-looking opinion about a borrower鈥檚 credit worthiness and ability to repay debt using a letter-grade system. 鈥淎AA鈥� is the very best rating that can be given for a borrower鈥檚 ability to replay long-term bonds. A long-term credit issue rating of 鈥淎鈥� means that the organization being rated is more susceptible to adverse effects of changes in circumstances and economic conditions than obligations in  higher-rated categories, but the borrower鈥檚 ability to meet its financial commitments is still strong.

At the end of Fiscal Year 2022, UCM鈥檚 total debt outstanding equaled approximately $83.6 million, including $42.7 million of revenue bonds for projects that include construction of The Crossing 鈥� South at Holden, $8.6 million of direct-placement bonds, and $30.6 million of leases. 

"To maintain an "A+" rating for a sixth consecutive year, with a stable outlook, demonstrates the university鈥檚 commitment to good stewardship of our limited financial resources," said Bill Hawley, vice president for finance and operations at UCM.    

Sondra Savage-Moore, associate vice president for finance and administration, added, in order to focus on student success and academic excellence, it is vital that the institution remains financially sustainable.  This rating reflects this sustainability.鈥�