Affordability Increase & General Fund Swap

Dear Colleagues,

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.

Thanks

Jim

Jim Henry, CFO

School of Humanities & Sciences, Stanford University