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<blockquote data-quote="SoonerP226" data-source="post: 3863136" data-attributes="member: 26737"><p>I’d bet if you looked into it, those are debts are actually bonds for capital improvements. The public universities in Oklahoma aren’t allowed to run deficits in their annual budgets. </p><p></p><p>I’d guess that if you looked into it, OSU and OU do the same thing on their facilities projects; they line up donors to fund the projects, then offer bonds to actually pay for them (especially when you have a project that requires a major cash outlay up front), using the donations to pay back the bonds over time.</p></blockquote><p></p>
[QUOTE="SoonerP226, post: 3863136, member: 26737"] I’d bet if you looked into it, those are debts are actually bonds for capital improvements. The public universities in Oklahoma aren’t allowed to run deficits in their annual budgets. I’d guess that if you looked into it, OSU and OU do the same thing on their facilities projects; they line up donors to fund the projects, then offer bonds to actually pay for them (especially when you have a project that requires a major cash outlay up front), using the donations to pay back the bonds over time. [/QUOTE]
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