Financial Liquidity Policy

April 17, 2023

The Financial Liquidity Policy establishes standards regarding how financial resources are to be managed to support the short-term and long-term financial health of the University, including preservation of sufficient liquidity to meet obligations as they come due and to plan for strategic investments which further the University’s mission.

Overview of Policy

• Cash forecasting tools will be used to identify patterns in cash receipts and cash disbursements and to project future cash balances.

• Management will consider short-term, intermediate-term, and long-term needs in determining liquidity.
Guidelines delineating the type, duration, and risk-level of investment securities will be applied to investment decisions.

• Internal loan guidelines will be following in determining the appropriate balance between maintaining liquidity and investing in the growth of University facilities and programs.