Capital Reserve Fund

Policy number: AF 10.0
Category:

Administrative Operational policiesFinancial Management

Yukon University recognizes that effective planning and prudent fiduciary management requires a Capital Reserve as a buffer against risk and unexpected economic pressures. The Reserve may be used under strictly defined criteria and with Board approval to support expenditures consistent with the University’s strategic plan and ongoing sustainability. These may include capital development projects, renovations, building maintenance and repair, catastrophic event recovery, or other expenditures the Board determines are necessary.
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AF 10.0 - Capital Reserve Fund Policy