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I have serious concerns about the bonding portion on the UO New Partnership proposal. If we allow the UO to have a $800 MILLION bond, it would nearly max out our debt capacity and prevent Oregon’s other public universities from erecting a building for 5-10 years. Also, as we have seen through the last couple of years, the endowment market is quite unstable. The average endowment is down 25-35% from 3 years ago. That means that if the New Partnership had gone into effect as recently as 2007, it could have already LOST $240 MILLION - or more - of the taxpayers’ money on a high risk investment. This proposal is too large of a risk!
posted 2 years, 2 months ago
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