Summary of Debt Programs

Revenue Financing System (RFS)

  • Five-year Capital Plan - $1.21 billion
  • $1.125 billion in outstanding tax-exempt bonds; 10 bonds issues outstanding 8/31/09
  • $16 million in outstanding tax-exempt commercial paper
  • $4 million in outstanding taxable note
  • 4.75% average interest cost

Permanent University Fund (PUF)

  • Five-year Capital Plan - $279 million
  • $577 million in outstanding tax-exempt bonds; 6 issues outstanding 8/31/09
  • No outstanding tax-exempt commercial paper
  • 5.02% average interest cost