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Special study of long-term debt obligations
South Carolina State Auditor
South Carolina State Auditor
Abstract
Proviso 105.5, fiscal year 2024, directs the State Auditor to identify certain long-term obligations by state institutions of higher learning, and report findings to the General Assembly. The intent is to identify those obligations which are long-term debt or tantamount to long-term debt, or those which, if not honored, might result in a negative rating action on the institution’s or the State’s credit rating. Such obligations would not include either general obligation debt or bonded indebtedness issued directly by an institution.
Issue Date
2023-06-30
Keywords
Debts, Public--South Carolina, Long-term business financing--South Carolina, Universities and colleges--South Carolina--Accounting
Type
Rights
Copyright status determined to be in the public domain on April 27, 2020 by United States Supreme Court ruling (Georgia et al., Petitioners v. Public.Resource.Org, Inc. : 590 U.S.__(2020))
Digitization Specifications
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