Narrative to the Statistical Section

Financial Trends

These schedules contain trend information to help the reader understand how the University’s financial performance has changed over time. • Net Position by Component • Net Position • Changes in Net Position • Operating Expenses by Natural Classification • Combined Sources and Uses

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Revenue Capacity

These schedules contain information to help the reader assess the University’s revenue sources. • Principal Revenue Sources • Academic Year Tuition and Required Fees

Composite Financial Index

These schedules present information used to determine the Composite Financial Index which is a measurement of the Institution’s financial health based on four core ratios. • Primary Reserve Ratio • Return Net Position/Net Asset Ratio • Net Operating Revenues Ratio • Viability Ratio

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Debt Capacity

These schedules present information to help the reader assess the University’s current level of outstanding debt. • Summary of Ratios • Debt Coverage for Senior and Subordinate Lien Bonds • Long-term Debt

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Demographic and Economic Information 92

These schedules contain demographic and economic indicators to help the reader understand the environment in which the University’s financial activities take place. • Admissions, Enrollment, and Degrees Earned • Demographic Data • Principal Employers

Operating Information

These schedules contain service and infrastructure data to help the reader understand how the University’s financial information relates to the activities it performs. • Faculty and Staff • Capital Assets

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