Affordability Increase & General Fund Swap
I’m writing with information on the 3% affordability increase and general fund swap. The attached memo provides a general overview of how funding will be impacted by these two events. Detailed, unit-specific information will also be placed in your Finance Repository early next week. While implementation is complex, there is a lot of good news here. The Finance team stands ready to assist as you analyze these initiatives.
Jim Henry, CFO
School of Humanities & Sciences, Stanford University