Summary: University of Colorado; Higher Education, Public Coll/Univ - Unlimited Student Fees Nov 04
- ID: 2030828
- November 2004
- Region: Colorado
- Standard & Poors
The 'AA-' rating on the University of Colorado Board of Regents' enterprise system revenue bonds, including series 2004, issued for the University of Colorado System (CU), reflects the university's: Position as Colorado's (state lease rating 'AA-/Stable') flagship university system; Broad revenue diversity, with low dependency on state appropriations and strong, expanding research activity; Solid student demand, with stable enrollment; Good financial flexibility and liquidity; and Capable central oversight of capital needs and funding sources, which contributes to a moderate debt burden. An offsetting credit factor is the unknown impact that the implementation of the college opportunity fund (COF), which will take the place of state appropriations, will have on CU. Additionally, CU has a significant amount of future capital needs....
Companies mentioned in this report are:
- University of Colorado
- University of Colorado Brd of Regents
Action: New Rating
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