欧美视频

Housing a number of offices that include Finance and Administration, the University of Central Missouri's Administration Building is a hub for many activities geared toward the university's financial strength. 
 

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 fifth consecutive year regarding its Missouri Health & Educational facilities Authority鈥檚 series 3013C, 2018A and 2018B educational facilities bonds. In addition, as a result of UCM鈥檚 dedication to sound financial operations, the rating includes an improved outlook, going from 鈥渘egative鈥� to 鈥渟table鈥�.

In its rating action, S&P Global noted, 鈥淭he outlook revision reflects our view of a third consecutive year of positive full-accrual operating performance due, in part, to management鈥檚 proven ability to make material adjustments to its expense base as needed. Furthermore, the outlook revision reflects our view of the university鈥檚 historically strong available resources, which, due to favorable market conditions through fiscal 2021, grew at the university and foundation level and provide ample support to the university. Finally, the revision reflects our view of a slowly improving enrollment picture thanks to what appears to be the return of what was once a healthy international enrollment.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 2021, UCM鈥檚 total debt outstanding equaled approximately $94.6 million, including $55.6 million in revenue bonds for projects that include construction of The Crossing 鈥� South at Holden, the university鈥檚 first student living-retail complex, and a $13 million energy savings capital lease issued in April 2009 for deferred maintenance to buildings on the main campus.

"To maintain an "A+" rating for a fifth consecutive year, with an improved outlook, says a great deal about the campus-wide 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, 鈥淲hile we continue to focus on student success and academic excellence, it is vital that the institution remains financially sustainable.  This rating reflects this sustainability as well as our ability to secure financing for potential future projects that will benefit our students.鈥�