Page 13 - Black Modern Annual Report A4

Institutional Finance

Facilities Master Plan

and Capital Projects Requests

Each public two- and four-year institution submitted a Facilities Master Plan and Capital
Projects Request to the Commission as required by statute. The Facilities Master Plan
and Capital Projects Request Report for the FY25-29 period was presented at the
December 8, 2023 Commission meeting. The two- and four-year institutions will need
over $6.9 billion to fund capital projects during this five-year period. A summary table of
the general obligation bonds that have been issued by the institutions was included in
the report. As of September 30, 2023, the institutions paid $399,086,936 in debt service,
leaving a total of $4,285,345,184 in outstanding bonds.

Sources of Funding for Requested Capital Projects

Total Two- and Four-Year Institutions

ETF
37%

Other
Funds
50% ETF A&T
Funds
0.8%

Other
State
Funds
12%

Two-Year Institutions Four-Year Institutions

ETF Other ETF
17% Funds 40%
Other 52%
Funds
40% ETF A&T
Funds
1.4%

ETF A&T
Funds
0.7%
Other
State Other
Funds State
42% Funds
7%

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