Report of the Exec. VP & Chief Financial Officer

Report of the
Executive Vice President
& Chief Financial Officer

Report of Leonard W. Sandridge

Financial Highlights

Endowment Spending Policy

Faculty Salary Initiative

Growth Over Time

Management Responsibility
Auditor's Opinion

Changes in Fund Balances

Current Funds Revenues, Expenditures and Other Changes

Notes to Financial Statements

President's Report 1996-97 Contents

Financial Report 1996-1997