View from Ira Allen Chapel

This annual review highlights some of the work and accomplishments of Division of Finance employees in fiscal/academic year 2017.

  • Class on the UVM green

    Ensuring UVM's Financial Sustainability

    In support of academic quality and affordability

    • Developed a Strategic Financial Planning model for UVM that allows the University‚Äôs 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