Executive Summary - 6 year plan and fiscal year budget upda…

Overview of Existing System Debt

 Currently, the University has 6 series of System Revenue Bonds outstanding totaling $115.4 million

Delivery Date

Next Call Date

Final Maturity

Outstanding Par

Series Name

Issue Size

System Revenue Bonds, Series 2008

$36,495,000 6/18/2008 Not callable 5/1/2018

$915,000

System Revenue Bonds, 2010, Series A

2,515,000 11/17/2010 Not Callable 5/1/2019

1,320,000

System Revenue Bonds, 2010, Series B (BABs) 31,950,000 11/17/2010 MWC and

29,770,000

5/1/2020 (1) 5/1/2040

System Revenue Refunding Bonds, Series 2012 7,665,000 4/17/2012 5/1/2022 5/1/2032

6,120,000

System Revenue Refunding Bonds, Series 2013 53,415,000 3/28/2013 5/1/2023 5/1/2034

48,085,000

System Revenue Refunding Bonds, Series 2016 29,175,000 9/18/2016 5/1/2026 5/1/2038

29,175,000

Total:

$115,385,000

(1) The 2010B Build America Bonds have a make-whole call, and the 2022 and 2025 maturities also carry a par call on 5/1/2020

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