Debt and Capital Planning

The Capital Planning group in the Office of the Treasurer is primarily responsible for the management of Columbia's debt portfolio, compliance with IRS regulations and debt covenants, and strategic financing of capital projects.

Key Functions:

  • Develops University debt strategy to help finance construction and renovation of capital projects
  • Coordinates University borrowing activities, including both tax-exempt and taxable debt issuances
  • Manages University’s relationships with credit rating agencies and public authority conduit issuers
  • Ensures compliance with debt-related covenants and IRS requirements 
  • Manages the reimbursement of eligible project expenditures with tax-exempt bond proceeds
  • Arranges payment of principal, interest, and debt-related fees
  • Ensures adequate liquidity coverage to support the debt portfolio

Additional Resources

Columbia Construction Projects

Visit the Columbia University Facilities website for information on current and past construction projects. 

Secondary Market Information: EMMA

The Electronic Municipal Market Access (EMMA) provides investors with free access to key information about municipal bonds and 529 college savings plans. 

Public Authority Conduit Issuer: DASNY

The Dormitory Authority of the State of New York (DASNY) provides construction, financing, and allied services that serve the public good of New York State.

Public Authority Conduit Issuer: NJEDA

The New Jersey Economic Development Authority (NJEDA) provides access to capital and tax incentives for organizations in The State of New Jersey.

Our Team

Look up our team in the Finance Organizational Charts (in "Office of the Treasurer").