ERIC Number: ED443333
Record Type: Non-Journal
Publication Date: 1999-Nov
Reference Count: N/A
Minnesota Higher Education Facilities Authority: 1999 Annual Report.
Minnesota Higher Education Facilities Authority, Saint Paul.
This annual report reviews fiscal year 1999 for institutions serviced by the Minnesota Higher Education Facilities Authority. The report notes a slight decline in new financing activity, although the $87.7 million financed during the 1999 fiscal year was the second highest annual total for the Authority. Following some introductory material, the report summarizes the mission of the Authority; reviews new financing for projects such as an equipment lease and construction of a campus center and other buildings at several colleges; and highlights other developments, including reduction of annual administrative fees, an annual debt financing conference, and an ongoing review of policies and procedures. The following section summarizes details of outstanding bond issues on a campus-by-campus basis for various public and private Minnesota colleges. A final section presents the fiscal year 1999 audit report, which includes a balance sheet and related statements of revenues, expenses, and changes in fund balances and cash flows. (SM)
Descriptors: Accounting, Annual Reports, Bond Issues, Building Conversion, Capital Outlay (for Fixed Assets), Debt (Financial), Educational Facilities, Educational Finance, Facility Expansion, Facility Improvement, Financial Support, Higher Education, Investment, Private Colleges, Public Colleges, State Aid, State Legislation
Minnesota Higher Education Facilities Authority, 175 Fifth Street East, Suite 450, Saint Paul, MN 55101-2905; Tel: 651-296-4690.
Publication Type: Numerical/Quantitative Data; Reports - Descriptive
Education Level: N/A
Authoring Institution: Minnesota Higher Education Facilities Authority, Saint Paul.
Identifiers - Location: Minnesota