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THECB finance chief reports early FY2025 results; bond issuance planning continues
Summary
The THECB presented its first-quarter FY2025 financial report, noted allocation of a $157 million fund among 32 institutions, and said staff reserved $150 million in volume cap for a potential 2025–26 bond issue while monitoring market conditions.
Anthony Infantini, chief financial officer for the Higher Education Coordinating Board, presented the agency’s fiscal-year-2025 financial report to the Agency Operations Committee on Jan. 22.
“This report is the first 3 months of our fiscal year 2025 and our fiscal year began in September,” Infantini said, describing the report as primarily showing budget adjustments for unexpended balances in the agency’s biennial budget.
Infantini told the…
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