{
    "document_id": 13374,
    "page": 18,
    "width_pt": 612,
    "height_pt": 792,
    "rotation": 0,
    "pipeline_version": "paddleocr-vl-1.6+paul-48",
    "engine": "paddleocr_vl",
    "source_run_id": 13487,
    "item_count": 38,
    "counts_by_type": {
        "form_field": 6,
        "heading": 7,
        "list": 5,
        "list_item": 17,
        "text": 3
    },
    "build_ms": 3,
    "items": [
        {
            "id": "p18.1",
            "order": 1,
            "type": "text",
            "bbox": {
                "l": 105.6,
                "t": 704.4,
                "r": 234.96,
                "b": 689.76
            },
            "text": "Presenter: Mr. David King"
        },
        {
            "id": "p18.2",
            "order": 2,
            "type": "heading",
            "bbox": {
                "l": 87.12,
                "t": 668.88,
                "r": 195.6,
                "b": 655.2
            },
            "text": "• Current strategy:",
            "level": 3
        },
        {
            "id": "p18.3",
            "order": 3,
            "type": "list",
            "bbox": {
                "l": 144,
                "t": 650.232,
                "r": 256.6212,
                "b": 613.1759999999999
            },
            "text": "",
            "attrs": {
                "item_count": 2
            },
            "children": [
                {
                    "id": "p18.3.1",
                    "order": 4,
                    "type": "list_item",
                    "bbox": {
                        "l": 144,
                        "t": 650.232,
                        "r": 206.292,
                        "b": 634.1759999999999
                    },
                    "text": "70% equities",
                    "marker": "○",
                    "children": [
                        {
                            "id": "p18.3.1.1",
                            "order": 5,
                            "type": "form_field",
                            "bbox": {
                                "l": 144,
                                "t": 650.23,
                                "r": 156,
                                "b": 638.23
                            },
                            "text": "",
                            "attrs": {
                                "field_kind": "radio",
                                "label": "70% equities",
                                "source": "glyph_estimate",
                                "bbox_estimated": true,
                                "label_source": "parent_text",
                                "label_ref": "p18.3.1",
                                "text_offset": 0,
                                "text_span": 0
                            }
                        }
                    ]
                },
                {
                    "id": "p18.3.2",
                    "order": 6,
                    "type": "list_item",
                    "bbox": {
                        "l": 144,
                        "t": 629.232,
                        "r": 256.6212,
                        "b": 613.1759999999999
                    },
                    "text": "30% fixed income/cash",
                    "marker": "○",
                    "children": [
                        {
                            "id": "p18.3.2.1",
                            "order": 7,
                            "type": "form_field",
                            "bbox": {
                                "l": 144,
                                "t": 629.23,
                                "r": 156,
                                "b": 617.23
                            },
                            "text": "",
                            "attrs": {
                                "field_kind": "radio",
                                "label": "30% fixed income/cash",
                                "source": "glyph_estimate",
                                "bbox_estimated": true,
                                "label_source": "parent_text",
                                "label_ref": "p18.3.2",
                                "text_offset": 0,
                                "text_span": 0
                            }
                        }
                    ]
                }
            ]
        },
        {
            "id": "p18.4",
            "order": 8,
            "type": "heading",
            "bbox": {
                "l": 87.36,
                "t": 606,
                "r": 243.6,
                "b": 592.32
            },
            "text": "• Expected long-term return:",
            "level": 3
        },
        {
            "id": "p18.5",
            "order": 9,
            "type": "text",
            "bbox": {
                "l": 123.84,
                "t": 585.12,
                "r": 389.76,
                "b": 571.44
            },
            "text": "○ Approximately 7.75% over the next 10 or 15 years",
            "children": [
                {
                    "id": "p18.5.1",
                    "order": 10,
                    "type": "form_field",
                    "bbox": {
                        "l": 123.84,
                        "t": 585.12,
                        "r": 135.84,
                        "b": 573.12
                    },
                    "text": "",
                    "attrs": {
                        "field_kind": "radio",
                        "label": "○ Approximately 7.75% over the next 10 or 15 years",
                        "source": "glyph_estimate",
                        "bbox_estimated": true,
                        "label_source": "parent_text",
                        "label_ref": "p18.5",
                        "text_offset": 0,
                        "text_span": 1
                    }
                }
            ]
        },
        {
            "id": "p18.6",
            "order": 11,
            "type": "heading",
            "bbox": {
                "l": 87.12,
                "t": 564,
                "r": 210.48,
                "b": 550.32
            },
            "text": "Endowment growth:",
            "level": 3
        },
        {
            "id": "p18.7",
            "order": 12,
            "type": "list",
            "bbox": {
                "l": 83.76,
                "t": 543.12,
                "r": 541.92,
                "b": 393.84
            },
            "text": "",
            "attrs": {
                "item_count": 6
            },
            "children": [
                {
                    "id": "p18.7.1",
                    "order": 13,
                    "type": "list_item",
                    "bbox": {
                        "l": 123.84,
                        "t": 543.12,
                        "r": 346.8,
                        "b": 529.44
                    },
                    "text": "Increased from $25 million to $29 million",
                    "marker": "○",
                    "children": [
                        {
                            "id": "p18.7.1.1",
                            "order": 14,
                            "type": "form_field",
                            "bbox": {
                                "l": 123.84,
                                "t": 543.12,
                                "r": 135.84,
                                "b": 531.12
                            },
                            "text": "",
                            "attrs": {
                                "field_kind": "radio",
                                "label": "Increased from $25 million to $29 million",
                                "source": "glyph_estimate",
                                "bbox_estimated": true,
                                "label_source": "parent_text",
                                "label_ref": "p18.7.1",
                                "text_offset": 0,
                                "text_span": 0
                            }
                        }
                    ]
                },
                {
                    "id": "p18.7.2",
                    "order": 15,
                    "type": "list_item",
                    "bbox": {
                        "l": 123.84,
                        "t": 522.24,
                        "r": 428.88,
                        "b": 507.84
                    },
                    "text": "Generated approximately $5.6 million in investment gains",
                    "marker": "○",
                    "children": [
                        {
                            "id": "p18.7.2.1",
                            "order": 16,
                            "type": "form_field",
                            "bbox": {
                                "l": 123.84,
                                "t": 522.24,
                                "r": 135.84,
                                "b": 510.24
                            },
                            "text": "",
                            "attrs": {
                                "field_kind": "radio",
                                "label": "Generated approximately $5.6 million in investment gains",
                                "source": "glyph_estimate",
                                "bbox_estimated": true,
                                "label_source": "parent_text",
                                "label_ref": "p18.7.2",
                                "text_offset": 0,
                                "text_span": 0
                            }
                        }
                    ]
                },
                {
                    "id": "p18.7.3",
                    "order": 17,
                    "type": "list_item",
                    "bbox": {
                        "l": 123.84,
                        "t": 501.36,
                        "r": 432.24,
                        "b": 487.2
                    },
                    "text": "Provided $1.4 million in university support over 18 months",
                    "marker": "○",
                    "children": [
                        {
                            "id": "p18.7.3.1",
                            "order": 18,
                            "type": "form_field",
                            "bbox": {
                                "l": 123.84,
                                "t": 501.36,
                                "r": 135.84,
                                "b": 489.36
                            },
                            "text": "",
                            "attrs": {
                                "field_kind": "radio",
                                "label": "Provided $1.4 million in university support over 18 months",
                                "source": "glyph_estimate",
                                "bbox_estimated": true,
                                "label_source": "parent_text",
                                "label_ref": "p18.7.3",
                                "text_offset": 0,
                                "text_span": 0
                            }
                        }
                    ]
                },
                {
                    "id": "p18.7.4",
                    "order": 19,
                    "type": "list_item",
                    "bbox": {
                        "l": 86.88,
                        "t": 480.24,
                        "r": 429.12,
                        "b": 465.84
                    },
                    "text": "Regents had questions on market outlook and growth challenges.",
                    "marker": "•"
                },
                {
                    "id": "p18.7.5",
                    "order": 20,
                    "type": "list_item",
                    "bbox": {
                        "l": 83.76,
                        "t": 452.16,
                        "r": 541.92,
                        "b": 423.12
                    },
                    "text": "Education and General Finance & Administration Updates. Dr. Heather Bigard, Vice President of Finance and Administration/CFO.",
                    "marker": "C."
                },
                {
                    "id": "p18.7.6",
                    "order": 21,
                    "type": "list_item",
                    "bbox": {
                        "l": 84.24,
                        "t": 407.76,
                        "r": 234.96,
                        "b": 393.84
                    },
                    "text": "Presenter: Dr. Heather Bigard."
                }
            ]
        },
        {
            "id": "p18.8",
            "order": 22,
            "type": "heading",
            "bbox": {
                "l": 123.6,
                "t": 378.48,
                "r": 315.12,
                "b": 365.28
            },
            "text": "i. Fiscal Year 2025 Audit Update.",
            "attrs": {
                "block_label": "paragraph_title"
            },
            "level": 3
        },
        {
            "id": "p18.9",
            "order": 23,
            "type": "list",
            "bbox": {
                "l": 84,
                "t": 364.74,
                "r": 403.68,
                "b": 333.84
            },
            "text": "",
            "attrs": {
                "item_count": 2
            },
            "children": [
                {
                    "id": "p18.9.1",
                    "order": 24,
                    "type": "list_item",
                    "bbox": {
                        "l": 84.24,
                        "t": 364.74,
                        "r": 230.64,
                        "b": 349.44
                    },
                    "text": "Audit nearing completion",
                    "marker": "-"
                },
                {
                    "id": "p18.9.2",
                    "order": 25,
                    "type": "list_item",
                    "bbox": {
                        "l": 84,
                        "t": 349.38,
                        "r": 403.68,
                        "b": 333.84
                    },
                    "text": "Draft Management Discussion and Analysis (MD&A) received"
                }
            ]
        },
        {
            "id": "p18.10",
            "order": 26,
            "type": "heading",
            "bbox": {
                "l": 123.36,
                "t": 318.24,
                "r": 447.84,
                "b": 304.32
            },
            "text": "ii. Fiscal Year 2026 Education and General Financial Update.",
            "attrs": {
                "block_label": "paragraph_title"
            },
            "level": 3
        },
        {
            "id": "p18.11",
            "order": 27,
            "type": "heading",
            "bbox": {
                "l": 126.96,
                "t": 288.96,
                "r": 373.92,
                "b": 275.52
            },
            "text": "FY 26 Education and General Projection Revenue",
            "attrs": {
                "block_label": "paragraph_title"
            },
            "level": 3
        },
        {
            "id": "p18.12",
            "order": 28,
            "type": "list",
            "bbox": {
                "l": 123.12,
                "t": 253.72979999999995,
                "r": 315.6,
                "b": 177.12
            },
            "text": "",
            "attrs": {
                "item_count": 4
            },
            "children": [
                {
                    "id": "p18.12.1",
                    "order": 29,
                    "type": "list_item",
                    "bbox": {
                        "l": 123.36,
                        "t": 253.72979999999995,
                        "r": 295.68,
                        "b": 240.24
                    },
                    "text": "Tuition and Fees: $22.9 million"
                },
                {
                    "id": "p18.12.2",
                    "order": 30,
                    "type": "list_item",
                    "bbox": {
                        "l": 123.6,
                        "t": 232.8,
                        "r": 284.88,
                        "b": 219.6
                    },
                    "text": "Uncollected Debt: $3 million",
                    "marker": "•"
                },
                {
                    "id": "p18.12.3",
                    "order": 31,
                    "type": "list_item",
                    "bbox": {
                        "l": 123.12,
                        "t": 212.16,
                        "r": 315.6,
                        "b": 198.24
                    },
                    "text": "Net Tuition and Fees: $13.3 million",
                    "marker": "•"
                },
                {
                    "id": "p18.12.4",
                    "order": 32,
                    "type": "list_item",
                    "bbox": {
                        "l": 123.36,
                        "t": 191.04,
                        "r": 292.08,
                        "b": 177.12
                    },
                    "text": "Total Revenue: $41.34 million",
                    "marker": "•"
                }
            ]
        },
        {
            "id": "p18.13",
            "order": 33,
            "type": "heading",
            "bbox": {
                "l": 120.24,
                "t": 156,
                "r": 348.24,
                "b": 142.08
            },
            "text": "FY27 Budget Education and General Revenue",
            "attrs": {
                "block_label": "paragraph_title"
            },
            "level": 3
        },
        {
            "id": "p18.14",
            "order": 34,
            "type": "list",
            "bbox": {
                "l": 123.12,
                "t": 134.88,
                "r": 316.08,
                "b": 79.44
            },
            "text": "",
            "attrs": {
                "item_count": 3
            },
            "children": [
                {
                    "id": "p18.14.1",
                    "order": 35,
                    "type": "list_item",
                    "bbox": {
                        "l": 123.12,
                        "t": 134.88,
                        "r": 295.92,
                        "b": 121.2
                    },
                    "text": "Tuition and Fees: $16.8 million"
                },
                {
                    "id": "p18.14.2",
                    "order": 36,
                    "type": "list_item",
                    "bbox": {
                        "l": 123.36,
                        "t": 114,
                        "r": 300.48,
                        "b": 100.32
                    },
                    "text": "Uncollected Debt: $3.02 million",
                    "marker": "•"
                },
                {
                    "id": "p18.14.3",
                    "order": 37,
                    "type": "list_item",
                    "bbox": {
                        "l": 123.12,
                        "t": 93.12,
                        "r": 316.08,
                        "b": 79.44
                    },
                    "text": "Net Tuition and Fees: $9.24 million",
                    "marker": "•"
                }
            ]
        },
        {
            "id": "p18.15",
            "order": 38,
            "type": "text",
            "bbox": {
                "l": 301.68,
                "t": 61.92,
                "r": 310.56,
                "b": 51.12
            },
            "text": "4",
            "attrs": {
                "block_label": "number"
            }
        }
    ],
    "excluded_furniture": {
        "first": [],
        "last": []
    }
}