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Write a paper on Radford University and focus your attention on its financial he
Write a paper on Radford University and focus your attention on its financial health. Assume that you are the institution’s president and will be testifying to a state legislative committee or its Board of Trustees to request additional funding for the next fiscal year. Consequently, you need to be knowledgeable about Radford University’s current financial condition and why supporting Radford University with financial resources is appropriate.
1. Construct a five- to seven-page executive summary report on Radford University’s fiscal condition and/or your budgetary needs. Be sure to include an introduction of Radford University (such as the type of institution or its mission) no more than one page in length. Your report should include an analysis of its revenues and expenses and its:
o Liquidity position.
o Operational performance.
o Debt service, and equity positions,
2. See Chapter 4 in your Serna & Weiler textbook for a template.
3. Below are suggestions that you may want to consider including in your analysis:
o Provide the committee an overview of Radford University’s financial condition (using IPEDS, institutional financial statements and budgets, and ratio analysis) to create a picture of your Radford University’s fiscal health.
o Include enrollment trend analysis.
o Are you able to determine if tuition discounting is taking place and if institutional aid is growing, remaining constant, or failing to support enrollment?
o Examine revenue sources (including appropriation levels) and make a determination on their adequacy.
o Present information on Radford University’s expenditures and any budgetary concerns.
o Are you able to determine if Radford University has adequate reserves/Are reserves being set aside?
o Make the case for why it is important for state policymakers to make Radford University (and/or higher education) a priority in the upcoming legislative budget.
o Are there any current or projected environmental factors that would be beneficial or detrimental to Radford University?
o Make the case for/against investing state taxes in higher education. Does it serve the public good? How would you respond if a legislator argued that state subsidies primarily benefit individuals rather than the public?
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