Annual Financial Report 2024 2025

Virginia Tech Financial Report 2024-2025

13. Detail of Long-term Indebtedness (continued)

Unamortized Premium (Discount)

Principal Payable

Ending Balance

Interest Rates

Maturity

Other nonsystem notes payable, continued Campus heating plant Series 2014B, issued $1,790 - partial refunding series 2007A Series 2016A, issued $575 - partial refunding series 2007A Series 2016A, issued $3,625 - partial refunding series 2009B Series 2021B, issued $485 - partial refunding series 2014B Series 2021B, issued $690 - partial refunding series 2016A Chiller plant Series 2021B, issued $5,315 - refunding series 2011A

4.00%

2026

265 575 485 690 1,995

29 30

294 605 485 690 2,262

3.00% - 5.00% 2028 3.00% - 5.00% 2030 1.13% - 1.33% 2030 1.53% - 1.71% 2032

267

- -

0.61% - 1.91% 2034

4,335

1

4,336

Corps Leadership and Military Sciences Building Series 2023A, issued $28,600

4.00% - 5.00% 2053

27,685

2,609

30,294

Data and Decision Sciences Building Series 2023A, issued $8,850

4.00% - 5.00% 2043

8,335

1,008

9,343

Goodwin Hall Series 2021B, issued $8,320 - partial refunding series 2011A

0.61% - 1.71% 2032

6,490

2

6,492

Hitt Hall

Series 2023A, issued $11,065

4.00% - 5.00% 2043

10,705

1,290

11,995

Holden Hall

Series 2019A, issued $7,920

2.25% - 5.00% 2040

6,540

612

7,152

Holtzman Alumni Center and Skelton Conference Center Series 2021B, issued $10,840 - refunding series 2012A ICTAS II Series 2016A, issued $8,345 - partial refunding series 2009B Kelly Hall Series 2016A, issued $3,180 - partial refunding series 2006A Life Sciences I Facility Series 2014B, issued $1,005 - partial refunding series 2005 Steger Hall Series 2021A, issued $6,785 - refunding series 2010B Veterinary medicine instruction addition Series 2021B, issued $6,355 - partial refunding series 2012B

0.61% - 1.81% 2033

8,450

3

8,453

3.00% - 5.00% 2030

4,585

614

5,199

3.00%

2027

2,150

63

2,213

4.00%

2026

615

10

625

5.00%

2030

5,125

863

5,988

0.61% - 1.81% 2033

5,200

1

5,201

Virginia Tech Carilion biosciences addition Series 2017A and 2017B, issued $24,630 Series 2018B, issued $3,965 Total other nonsystem notes payable

2.75% - 3.30% 2038 3.70% - 5.00% 2039

18,305 3,105 121,120

109

18,414 3,140 129,006

35

7,886 13,646

$ 210,980 $

$ 224,626

Total notes payable

Finance purchase obligation - Kentland Farm dairy complex

$

9,515 $

-

$

9,515

Virginia Tech Photo

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