State issuer

Texas State University System

$1,396,935,057 of principal outstanding on 11 issues at the end of fiscal year 2025.

Principal outstanding

$1.40 billion

Fiscal year 2025

$1,396,935,057

Interest still to be paid

$567.7 million

Fiscal year 2025

$567,727,028

Total debt service outstanding

$1.96 billion

Fiscal year 2025

$1,964,662,085

Issues outstanding

Fiscal year 2025

Debt outstanding by fiscal year

Debt outstanding at each fiscal year end
Fiscal year	Principal	Interest	Total debt service	Issues
2025	$1,396,935,057	$567,727,028	$1,964,662,085	11
2024	$1,425,782,560	$618,028,081	$2,043,810,641	12
2023	$1,053,743,000	$365,844,439	$1,419,587,439	10
2022	$1,052,254,000	$364,376,199	$1,416,630,199	11
2021	$1,062,343,000	$369,480,760	$1,431,823,760	11
2020	$1,115,150,000	$428,812,020	$1,543,962,020	11
2019	$1,101,830,000	$488,966,815	$1,590,796,815	11
2018	$1,093,555,000	$494,706,866	$1,588,261,866	12
2017	$1,110,593,000	$518,422,857	$1,629,015,857	13
2016	$804,023,000	$383,294,708	$1,187,317,708	11

Issues with principal outstanding, largest first
Issue	Closed	Pledge	Purpose	Final maturity	Principal	Interest
RFS Ref Bonds Ser 2024	Jun 11, 2024	Revenue	School facilities and equipment	Mar 15, 2054	$580,395,000	$360,319,200
RFS Rev and Ref Bonds Ser 2017A	Jan 31, 2017	Revenue	School facilities and equipment	Mar 15, 2032	$214,595,000	$51,911,250
RFS Rev & Ref Bonds Ser 2019A	Dec 17, 2019	Revenue	School facilities and equipment	Mar 15, 2030	$121,895,000	$37,194,600
RFS Rev & Ref Bonds Txbl Ser 2019B	Nov 21, 2019	Revenue	Refunding	Mar 15, 2040	$107,275,000	$21,342,541
RFS Rev & Ref Bonds, Series 2015A	Mar 18, 2015	Revenue	School facilities and equipment	Mar 15, 2028	$88,570,000	$27,258,013
CP Program Series A	Not reported	Revenue		Feb 1, 2036	$84,672,000	$14,369,250
RFS Rev & Ref Bonds Ser 2021A	Feb 2, 2021	Revenue	Refunding	Mar 15, 2050	$75,605,000	$26,208,888
RFS Rev & Ref Bonds, Taxable Series 2015B	Mar 18, 2015	Revenue	School facilities and equipment	Mar 15, 2045	$69,105,000	$14,833,139
RFS Ref Bonds Txbl Ser 2021B	Feb 2, 2021	Revenue	Refunding	Mar 15, 2042	$29,440,000	$8,651,307
RFS Rev Bonds Ser 2017B (Taxable)	Jan 31, 2017	Revenue	School facilities and equipment	Mar 15, 2036	$20,345,000	$5,284,007
GASB 87 Lease Purchase Agreements	Not reported	Revenue		Aug 31, 2032	$5,038,057	$354,833

Issues last reported before fiscal year 2025: repaid, refunded or matured.

Rev Financing Sys Rev & Ref Bonds Ser 2014 closed date not reported; last reported fiscal year 2024
RFS Rev and Ref Bonds Ser 2013 closed date not reported; last reported fiscal year 2022
TSUS RFS Rev Bonds, Ser 2011 (5.11) closed date not reported; last reported fiscal year 2020
TSUS RFS Rev and Ref Bonds Ser 2012 (SB 5 Exempt) closed date not reported; last reported fiscal year 2020
TSUS RFS Rev Ref Bonds, Series 2010 (11.09) closed date not reported; last reported fiscal year 2019
TSUS RFS Rev Bonds, Series 2010A (7.10) closed date not reported; last reported fiscal year 2019
TSUS RFS Ser 2009 (one or more series) (5.09) closed date not reported; last reported fiscal year 2018
TSUS Rev Fin Sys Rev Bonds Ser 2008 closed date not reported; last reported fiscal year 2017

Issues with no balance reported at a fiscal year end, such as those known only from their costs of issuance.

Source: State Issuance Fee By Year (updated by the publisher Aug 27, 2026); Debt Outstanding By Issuance State By Year (updated by the publisher Aug 26, 2026). Loaded here Oct 3, 2026.

Texas fiscal years run September 1 to August 31.

Figures are as reported to the agency and have not been independently verified.