Tag: budget
Kechichian owns the ‘good, bad and ugly’ in last lecture
Avo Kechichian, vice president and chief financial officer for the University, gave his final lecture Tuesday in La Fetra Auditorium before an audience of roughly 40 community members.
Welcome President Mahdavi! Here is our wish list
To do our part in contributing to these positive changes, we have compiled a wish list to inform Mahdavi about some of the changes and improvements we believe are most important.
Credit rating revised to match University’s budget outlook
Moody's Investors Services revised the University of La Verne's stable outlook to negative after affirming its “A3” issuer and revenue bond rating last month.
Despite cuts, University maintains its ‘A’ credit rating
The University of La Verne was classified as financially stable after receiving an “A” rating from Fitch Ratings last month. Fitch Ratings is an organization that publishes credit ratings for corporations and other institutions based on their ability to meet financial commitments, such as paying off debts.
Sustainability plan created to address enrollment decline
With the University of La Verne facing a marked decline in student enrollment, a group of faculty and administrators are working on a "Sustainability Plan” to bridge the anticipated tuition revenue gap and hopefully reverse the trend.
La Verne faculty and staff pay lags behind inflation
In the past two years the rate of inflation has taken a sharp 7.5% increase, while staff and faculty at the University of La Verne have not seen a general, or cost of living, pay raise to correspond with it.