Summary of Debt Programs
Revenue Financing System (RFS)
- Five-year Capital Plan - $1.16 billion
- $865 million in outstanding tax-exempt bonds; 11 bonds issues outstanding 8/31/08
- $107 million in outstanding tax-exempt commercial paper
- $4 million in outstanding taxable note
- 4.49% average interest cost
Permanent University Fund (PUF)
- Five-year Capital Plan - $500 million
- $383 million in outstanding tax-exempt bonds; 4 issues outstanding 8/31/08
- $52 million in outstanding taxable flexible rate notes
- 5.41% average interest cost
