BOV-021
Establishes requirements for the University’s capital and operating reserves to ensure, from a stewardship standpoint, that there is not a large deferred maintenance requirement for the institution and that the operations for each program are financially able to withstand a significant downturn in the generation of revenues.
Applies To
Academic Division
Approved On
Contact Office
Executive Vice President and Chief Operating Officer (Office of the)
Keywords
capital reserves
operating reserves
reserves
reserve requiremens
Major Category
Board of Visitors
Oversight Executive
Board of Visitors