j_cdc_2018a_2018-09-05t08:59:58z1 Hearing Summary

Mr. Matt Becker, Legislative Council Staff, provided an overview of the Higher Education Bond Intercept Program, with particular attention to forthcoming requests from Colorado State University. Committee members received a memorandum about the program authored by Legislative Council Staff, along with the Colorado Treasurer's annual report concerning the fiscal health of Colorado's higher education programs (Attachment B). Mr. Becker responded to questions regarding consideration of certain factors by the State Treasurer in creating the annual report and interest rates for debt incurred by higher education institutions.  Discussion ensued regarding universities that have elected to participate in the Higher Education Bond Intercept Program.