This report provides JLARC’s analysis of the financial context of the University's management, drawing attention to some of the factors associated with the current return on investment picture for the Metropolitan Tract. JLARC recommends that the UW report and this additional information be distributed to the Senate Ways and Means and House Capital Budget Committees, and that the legislature should direct the University not to renew its leasing arrangements for the Metro Tract under the current terms and conditions.