This annual review highlights some of the work and accomplishments of Division of Finance employees in fiscal/academic year 2017.
Ensuring UVM's Financial Sustainability
In support of academic quality and affordability
- Developed a Strategic Financial Planning model for UVM that allows the University’s executive leadership to evaluate long-term options for budgeting, debt, and investments
- Developed a plan to increase funding for deferred maintenance from $8M to $18M annually over the next 5 years
- Saved UVM $10M by refunding 2007 bonds, including $4M accrued in the first two years to support additional deferred maintenance funding without borrowing
- Modeled future rates for federal F&A (indirect) reimbursement
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Thank you for taking the time to explore this report. I welcome any feedback on how our Division may serve you better.
Richard H. Cate, VP for Finance and Treasurer