Presenter: Mr. David King
Current strategy:
Expected long-term return:
70% equities
30% fixed income/cash
Approximately 7.75% over the next 10 or 15 years
Endowment growth:
Regents had questions on market outlook and growth challenges.
Increased from $25 million to $29 million
Generated approximately $5.6 million in investment gains
Provided $1.4 million in university support over 18 months
C. Education and General Finance & Administration Updates. Dr. Heather Bigard, Vice President of Finance and Administration/CFO.
Presenter: Dr. Heather Bigard.
Audit nearing completion
Draft Management Discussion and Analysis (MD&A) received
i. Fiscal Year 2025 Audit Update.
ii. Fiscal Year 2026 Education and General Financial Update.
FY 26 Education and General Projection Revenue
Tuition and Fees: $22.9 million
Uncollected Debt: $3 million
Net Tuition and Fees: $13.3 million
Total Revenue: $41.34 million
FY27 Budget Education and General Revenue
Tuition and Fees: $16.8 million
Uncollected Debt: $3.02 million
Net Tuition and Fees: $9.24 million
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