S&P Global Ratings has affirmed the 老司机福利网鈥檚 A- revenue bond rating and BBB+ lease appropriation bond rating, maintaining a stable outlook. The ratings remain unchanged from the previous year.
In its report, S&P cited UL 老司机福利网鈥檚 enrollment growth, research enterprise, financial resources and continued state support, while recognizing actions the University has taken to strengthen financial oversight and improve its long-term financial position. The stable outlook reflects S&P鈥檚 expectation that the University will continue building on that progress.
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University of Louisiana System President and CEO Dr. Rick Gallot said the affirmation reflects the importance of continued financial discipline.
鈥淪&P鈥檚 decision to maintain UL 老司机福利网鈥檚 credit ratings reflects the University鈥檚 consistent application of sound financial principles. This outcome is expected when strong fiscal management is in place, and it underscores the importance of staying disciplined as UL 老司机福利网 continues strengthening its financial position," Gallot said.
That focus on long-term financial stability is central to the Board of Supervisors鈥 oversight of each University of Louisiana System institution.
鈥淥ne of the Board鈥檚 most important responsibilities is ensuring our universities remain well-positioned to serve students for the long term,鈥 said University of Louisiana System Board of Supervisors Chairman Mark Romero. 鈥淚ndependent affirmations like this are encouraging because they recognize meaningful progress while reminding us that sustained success comes through disciplined stewardship and continued focus.鈥