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AAUP 2009: Temple Financials (K. Kaiser)
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AAUP 2009: Temple Financials (K. Kaiser)
1.
Temple University
Financial Overview June 19, 2009
2.
3.
Independent Third-Party Debt
Rating Aaa U of Michigan; U of Texas; U of Virginia Aa1 Aa2 PSU; Pitt; Penn; Maryland Aa3 Rutgers; PA/SSHE A1 Temple University A2 A3 Baa1 Baa2 Baa3 TUHS Ba1 Junk Bonds Ba2 Non-Investment/Speculative Grade Ba3 Source: Moody’s Investment Service Long-term Debt Rating Investment Grade Bonds
4.
5.
Diminishing buying power
of Commonwealth appropriations $35.9M loss in buying power since 2002 in $ thousands
6.
Temple Revenue 2009-2010
General Operating $793.1 Million
7.
8.
Notas del editor
Note: Then do a bracket to show the reduction