FY22 financial report print.indd

Virginia Tech Financial Report 2021-2022

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

1.13% - 1.33% 2030 1.53% - 1.71% 2032

485 690

- -

485 690

0.48% - 1.91% 2034

5,315

2

5,317

Goodwin Hall Series 2021B, issued $8,320 - partial refunding series 2011A 0.48% - 1.71% 2032

8,320

3

8,323

Holden Hall Series 2019A, issued $7,920

2.25% - 5.00% 2040

7,410

735

8,145

Holtzman Alumni Center and Skelton Conference Center Series 2021B, issued $10,840 - refunding series 2012A

0.48% - 1.81% 2033

10,840

4

10,844

ICTAS II Series 2016A, issued $8,345 - partial refunding series 2009B 3.00% - 5.00% 2030 Kelly Hall Series 2014B, issued $6,040 - partial refunding series 2006A 3.00% - 5.00% 2024

6,950

983

7,933

1,935 3,180

222 157

2,157 3,337

Series 2016A, issued $3,180 - partial refunding series 2006A Life Sciences I Facility Series 2012A, issued $3,985 - partial refunding series 2005 Series 2014B, issued $1,005 - partial refunding series 2005 Steger Hall Series 2021A, issued $6,785 - refunding series 2010B

3.00%

2027

5.00%

2023

535

64

599

Series 2021B, issued $1,235 - partial refunding series 2012A 0.48% - 1.00% 2025

1,205

2

1,207

3.00% - 5.00% 2026

615

39

654

5.00%

2030

6,785

1,381

8,166

Unified Communications Series 2015A, issued $6,160

5.00%

2023

1,015

103

1,118

Veterinary medicine instruction addition Series 2012B, issued $9,820 Virginia Tech Carilion biosciences addition Series 2017A and 2017B, issued $24,630 Series 2018B, issued $3,965 Total other nonsystem notes payable

3.00% - 5.00% 2033

480

57

537

Series 2021B, issued $6,355 - partial refunding series 2012B 0.48% - 1.81% 2033

6,355

2

6,357

2.75% - 3.30% 2038 3.12% - 5.00% 2039

21,610 3,565 92,045

150

21,760 3,607 96,540 158,280

42

4,495

$

150,980 $

7,300 $

Total notes payable

$

11,050 $

- $

11,050

Finance purchase obligation - Kentland Farm dairy complex

Groundbreaking event for the new Hitt Hall building on Virginia Tech’s campus. Photo by Christina Franusich for Virginia Tech.

31

Notes to Financial Statements