Controller's Unit

Policies

Debt Policy (pdf)

Formalizes the connection between the university’s strategic plan and the issuance of debt including coordinating debt management decisions with asset management decisions to optimize the overall funding and portfolio management strategies.

Internal Bank Policy (pdf)

One of the objectives of the Internal Bank is to facilitate the long-term financial stability of the university through effective asset liability management. 

Liquidity Management Policy (pdf)

Focuses on meeting financial cash needs during the operating cycle (sources and uses limited to five years).

Investment Policy (pdf) / Public University Fund Investment Policy (pdf)

Provides guidelines for suitable investments while maximizing the efficiency of the university’s cash management program. Operating assets are invested in the Public University Fund (PUF) managed by the Oregon State Treasury and governed by the Public University Fund Investment Policy. Endowment assets are managed by the Oregon State University Foundation (OSUF) governed by the Oregon State University Fund Management Agreement and Board-approved OSUF Endowment Fund & Pooled Investment Policy.

Framework to Guide Evaluation of Investment Policy Change Requests (pdf)

The Oregon State University Board of Trustees recognizes that from time to time it may receive requests from university stakeholders or, in the case of the Public University Fund for which Oregon State University serves as the Designated University responsible for administration of the fund, from the boards of other public universities participating in the fund, to make specific investment changes to the policy(ies), due to environmental, social, or governance factors. The purpose of this framework is to guide the Board’s consideration of such requests.

Financial Metrics  

The university monitors five financial metrics to assist the Board in evaluating debt capacity and affordability, as described below.

Financial Measures

As of October 8, 2021, the university monitors five financial metrics to assist the Board and stakeholders in evaluating the financial and operational performance outcomes, as follows:

Financial Peer Group Institutions

The defined peer group for OSU is made up of universities that meet specific criteria:

• Moody's rated in Aa2 or Aa3 category
• Land Grant Institution
• Tier 1 Research Institution
• No patient-related revenue (no affiliated hospital)

Peer Group List (as of Oct. 2021)