Indebtedness on capital assets

What is Indebtedness on capital assets ?

Indebtedness on capital assets meaning Liabilities associated with the debt incurred in financing the institution’s capital assets, including bonds, mortgages, notes, capital leases, and any other outstanding debt that was incurred to acquire, construct, or improve capital assets. Indebtedness issued and backed by the state government and that will be repaid by the state from sources other than institutional funds are excluded.

 

reference: IPEDS Data Collectrion System – Glossary

Tags: