Year End Unrestricted Net Assets Excluding Plant
Net of Comp Absences and Pensions
(Millions)
KSU's goals for Unrestricted Net Assets Excluding Plant Net of Compensated Assets are follows:
| Fiscal Year | Amount (in Millions) |
|---|
| 2017-18 | $16.4 |
| 2018-19 | $16.3 |
| 2019-20 | $18.8 |
| 2020-21 | $22.0 |
The Composite Financial Index (CFI) is a structured approach for evaluating the financial health of a university developed by KPMG and Prager, McCarthy, and Sealy, LLC in the late 1990s. It has been revised a number of times and provides four core measures as well as an overall index score:
Primary Reserve Ratio
Viability Ratio
Return on Net Assets Ratio
Net Operating Revenue Ratio
Composite Financial Index
For the KSU management plan, the CFI and component ratios are presented without the impact of the Governmental Accounting Standards Board Statement 68 (GASB 68). GASB 68 requires entities to report an allocation of net pension liabilities if they