April 27-May 3, 2001
Back Issues
IN THIS ISSUE

NEWS COLUMN
Two tapped for Rome fellowships
U.Va. gets AAA rating
Employees honored

Casteen rallies U.Va. community to work toward future excellence
In Tune -- Dave Matthews Band Concert photo
Faculty Senate lectured on book-buying economics

Economics professor designs auction to reduce irrigation

General Faculty 2001-02 Council
Characteristics of the University in 2020
In Memoriam
Area code 434 starts June 1
Notable -- awards and achievements of faculty and staff
Hot Links -- Finals Weekend schedule
Important academic dates

Systems engineering students analyze Charlottesville's voting procedures

U.Va. gets AAA rating

Fitch, the international rating agency, has upgraded the University’s bond rating from AA+ to AAA, reflecting U.Va.’s strong balance sheet, substantial liquidity, high student demand and demonstrated fundraising capabilities.

The agency considers the level of U.Va.’s outstanding debt to be modest and anticipated debt is expected to be manageable. The University’s endowment, which stands at about $1.8 billion, is also a factor in judging financial health.

“We are thrilled to be recognized by another agency,” said Alice W. Handy, U.Va. treasurer and president of the University’s Investment Management Co. Moody’s has also given the University the AAA rating, which only two other public universities hold, Michigan and Texas.


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