Baker Tilly Higher Education Practice Leader Dave Capitano and Managing Director Christine Smith host the eighth episode in our fiscal resiliency podcast series with higher education credit rating specialists Barry Fick, Executive Director at the Minnesota Higher Education Facilities Authority and Elizabeth Bergman, Director with Baker Tilly Municipal Advisors. We discuss what drives rating changes, characteristics of downgrades seen across the industry and strategies to prevent a downgrade. The speakers also examine the effect debt management has on ratings and how taking a holistic, intentional, honest and proactive approach to managing an institution’s finances is critical to improve liquidity and protect ratings.
Baker Tilly Higher Education Practice Leader Dave Capitano and Managing Director Christine Smith host the eighth episode in our fiscal resiliency podcast series with higher education credit rating specialists Barry Fick, Executive Director at the Minnesota Higher Education Facilities Authority and Elizabeth Bergman, Director with Baker Tilly Municipal Advisors. We discuss what drives rating changes, characteristics of downgrades seen across the industry and strategies to prevent a downgrade. The speakers also examine the effect debt management has on ratings and how taking a holistic, intentional, honest and proactive approach to managing an institution’s finances is critical to improve liquidity and protect ratings.
Tune into the podcast for advice to be prepared for your next rating agency meeting and how to leverage your rating as a motivator to make strategic, transformational change.
View more fiscal resiliency resources for higher education institutions: https://www.bakertilly.com/insights/fiscal-resiliency-resources-for-higher-education
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