University of Connecticut General Obligation Bonds 2023 Series A and Refunding Series A slide image

University of Connecticut General Obligation Bonds 2023 Series A and Refunding Series A

University of Connecticut's General Obligation Bond Program Key Credit Strengths UCONN Experienced senior management team and key constituent representatives operating UConn TREASURER'S OFFICE STATE OF CONNECTICUT BUSTINET Strong Governance Structure & Seamless Operations Excellent Market Position ■ Permanent positions have been appointed in key management roles (President, Provost, CFO) ■ Continued success in implementing the UConn 2000 Infrastructure Improvement Program ("UConn 2000") ■ The University of Connecticut ranks among the top 30 public universities in the nation according to U.S. News & World Report Best Colleges ■ The University continues to enjoy stable enrollment for all campuses from Fall 2019 through Fall 2023 ■ SAT scores for students entering the University consistently exceed the statewide and national SAT score averages Meaningful Diversification & Growth in Assets ■ UConn has a diverse revenue base including strong ongoing State support Giving University-wide continued at record levels, with contributions of $157.9 million to support the University students, faculty, and programs during FY 2023 Strategic Investment in Research and Academic Enterprise State of Connecticut Support of the University ▪ UConn 2000 is making strategic investments in core facilities to transform UConn's research, academic and residential capabilities ■ Continued national recognition for growing research, innovation, entrepreneurship and academic accomplishments ■ The State has demonstrated unwavering commitment to the UConn 2000 Program for nearly three decades, since 1996 ■ The State annually appropriates funds for the general operating support of the University and the State's Debt Service Commitment is deemed appropriated out of the State's general fund without any annual legislative approval Source: POS Appendix A University of Connecticut | State of Connecticut 4
View entire presentation