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DEFINITION - KPI 18
Fiscal integrity was defined using the Composite Financial Index (CFI) as a proprietary measure of financial well-being of an institution (on a scale from 1 to above 10). It combines four core ratio measures:
- net income ratio
- return on net asset
- primary reserve ratio
- viability ratio
Interpretation of the score is as follows:
- “1” denotes very little financial health and institution is under financial stress;
- “3” denotes relatively stronger financial position and institution can afford modest program enhancements; and
- “10” denotes great financial position, but institution should deploy resources to achieve mission.
Additional Clarifications:
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New Data should be available in Oct./Nov. of each year.
PRIORITY V
For more information drill down in the following areas:
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What is CMU's "Fiscal Integrity (CFI)" and what would we like it to be by 2010? Summary
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How have we done in the past? Past Trends
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What actions are we taking to reach our goal? Funded Projects
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What other measures can allow us to see the bigger picture? Related Measures