This is a MuniPro demonstration of a redesigned Texas Bond Review Board website. It is not the official BRB site: nothing filed here reaches BRB, and the email addresses shown are BRB's own.

The official site is brb.texas.gov.

State issuer

Midwestern State University

$2,150,983 of principal outstanding on 1 issue at the end of fiscal year 2025.

Bonds not shown: BRB's data for fiscal year 2025 lists only a $2,150,983 capital lease for Midwestern State University. BRB's Data Center chart shows $58,040,983 outstanding, including tuition revenue bonds and Revenue Financing System bonds.

Sources: data.texas.gov dataset f9ph-sura (fiscal year 2025, period 2); data.brb.texas.gov/state/3.html.

Fiscal year 2025 at a glance

Principal outstanding
$2.2 million
Fiscal year 2025

$2,150,983

Interest still to be paid
$0
Fiscal year 2025
Total debt service outstanding
$2.2 million
Fiscal year 2025

$2,150,983

Issues outstanding
1
Fiscal year 2025

Debt outstanding

Fiscal year 2025

Revenue supported
$2,150,9831 issue
Total outstanding
$2,150,9831 issue

Calculated by this site from the 1 issue below.

Debt issued

Fiscal year 2025

No issue with a reported par was issued in fiscal year 2025.

Debt outstanding by fiscal year

Fiscal years 2019 to 2025

Download CSV
Principal outstanding at each fiscal year end, 2019 to 2025
Debt outstanding at each fiscal year end
Fiscal year?Principal?Interest?Total debt service?Issues?
Fiscal year2025 Latest NotePrincipal$2,150,983Interest$0Total debt service$2,150,983Issues1
Fiscal year2024 NotePrincipal$2,934,108Interest$0Total debt service$2,934,108Issues1
Fiscal year2023Principal$2,737,038Interest$0Total debt service$2,737,038Issues2
Fiscal year2022Principal$4,665,797Interest$0Total debt service$4,665,797Issues2
Fiscal year2021Principal$5,650,836Interest$0Total debt service$5,650,836Issues2
Fiscal year2020Principal$142,685Interest$5,085Total debt service$147,771Issues1
Fiscal year2019Principal$423,821Interest$7,656Total debt service$431,477Issues1

Bonds not shown: BRB's data for fiscal year 2024 lists only a $2,934,108 capital lease for Midwestern State University. BRB's Data Center chart shows $108,449,108 outstanding, including tuition revenue bonds and Revenue Financing System bonds.

Sources: data.texas.gov dataset f9ph-sura (fiscal year 2024, period 2); data.brb.texas.gov/state/3.html.

Issues outstanding, fiscal year 2025

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Issues with principal outstanding, largest first
Issuance name?Pledge?Maturity date?Principal?Scheduled interest?Total payment?Closed?Purpose?
Issuance nameMSU Flower Mound Capital Lease of Building PledgeRevenue supportedMaturity date8/31/2028Principal$2,150,983Scheduled interest$0Total payment$2,150,983ClosedNot reportedPurposeNot reported

Rows 1–1 of 1

Earlier issues

2 issues last reported before fiscal year 2025: repaid, refunded or matured

Texas fiscal years run September 1 to August 31. Each chart is as of fiscal year 2025 unless it names its years.

Colleges and university systems with revenue debt outstanding

Fiscal year 2025

Download CSV
UTS
University of Texas System
TAMUS
Texas A&M University System
UHS
University of Houston System
TSUS
Texas State University System
TTUS
Texas Tech University System
UNTS
University of North Texas System
TSTC
Texas State Technical College
TWU
Texas Woman's University
SFA
Stephen F. Austin State University
TSU
Texas Southern University
MSU
Midwestern State University
  1. University of Texas System$13.8 billion
  2. Texas A&M University System$5.4 billion
  3. University of Houston System$1.8 billion
  4. Texas State University System$1.4 billion
  5. Texas Tech University System$1.1 billion
  6. University of North Texas System$901.0 million
  7. Texas State Technical College$415.1 million
  8. Texas Woman's University$218.4 million
  9. Stephen F. Austin State University$154.8 million
  10. Texas Southern University$119.0 million
  11. Midwestern State University$58.0 million
  • Tuition revenue bonds (TRB)
  • Revenue Financing System (RFS)
  • Permanent University Fund (PUF)

Principal of revenue debt outstanding, each system split by its three bond programs. BRB chart data fetched 10/15/2026.

Colleges and university systems with revenue debt outstanding: the figures
SystemTuition revenue bonds (TRB)Revenue Financing System (RFS)Permanent University Fund (PUF)Total
University of Texas System$871,778,000$8,694,797,000$4,216,325,000$13,782,900,000
Texas A&M University System$772,445,595$3,043,875,425$1,628,020,000$5,444,341,020
University of Houston System$521,345,000$1,304,450,000$0$1,825,795,000
Texas State University System$284,405,000$1,112,530,057$0$1,396,935,057
Texas Tech University System$339,322,125$773,604,875$0$1,112,927,000
University of North Texas System$145,120,000$755,918,386$0$901,038,386
Texas State Technical College$201,900,000$213,211,195$0$415,111,195
Texas Woman's University$98,905,000$119,520,000$0$218,425,000
Stephen F. Austin State University$34,540,000$120,235,093$0$154,775,093
Texas Southern University$118,990,000$0$0$118,990,000
Midwestern State University$33,280,000$24,760,983$0$58,040,983

Total annual debt service outstanding

Fiscal years 2006 to 2035

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  • TRB principal
  • TRB interest
  • RFS principal
  • RFS interest
  • PUF: none outstanding

Principal and interest still owed at each fiscal year end, scheduled to the final maturity. BRB chart data fetched 10/15/2026.

Total annual debt service outstanding: the figures
Fiscal yearTRB principalTRB interestRFS principalRFS interestTotal
2006$14,525,000$5,622,811$11,950,000$5,092,491$37,190,302
2007$37,130,000$18,705,027$11,330,000$4,595,869$71,760,896
2008$23,610,000$9,205,792$61,755,136$42,017,226$136,588,154
2009$22,445,000$8,215,646$60,400,136$39,512,193$130,572,974
2010$21,235,000$7,274,080$65,705,136$41,698,221$135,912,437
2011$19,975,000$6,382,661$63,685,136$38,750,206$128,793,003
2012$18,655,000$5,543,880$61,440,136$35,906,380$121,545,396
2013$17,235,000$4,008,594$59,460,136$32,321,276$113,025,006
2014$15,670,000$3,409,358$56,970,136$29,764,689$105,814,183
2015$13,705,000$2,845,366$93,615,136$61,306,458$171,471,960
2016$12,015,000$2,413,376$91,135,136$57,472,978$163,036,490
2017$59,150,000$24,436,513$89,450,000$48,845,539$221,882,051
2018$55,695,000$22,010,472$86,775,000$45,270,404$209,750,876
2019$52,155,000$19,667,475$84,393,821$41,793,228$198,009,524
2020$49,195,000$17,431,350$81,062,685$38,402,172$186,091,207
2021$46,205,000$15,314,075$83,385,835$35,112,690$180,017,600
2022$43,695,000$13,323,475$79,070,797$31,946,571$168,035,843
2023$41,055,000$11,461,625$73,647,038$28,913,669$155,077,332
2024$38,280,000$9,735,150$70,169,108$26,029,193$144,213,451
2025$33,280,000$7,990,550$24,760,983$4,358,574$70,390,106
2026$30,875,000$6,643,575$21,887,417$3,519,339$62,925,331
2027$28,345,000$5,419,975$18,912,967$2,767,991$55,445,933
2028$25,690,000$4,326,000$16,120,000$2,109,359$48,245,359
2029$22,910,000$3,354,000$13,770,000$1,541,420$41,575,420
2030$20,015,000$2,495,500$11,490,000$1,058,818$35,059,318
2031$17,005,000$1,755,100$9,125,000$662,910$28,548,010
2032$13,870,000$1,137,600$6,670,000$358,009$22,035,609
2033$10,610,000$648,000$4,115,000$148,776$15,521,776
2034$7,215,000$291,500$1,460,000$39,931$9,006,431
2035$3,680,000$73,600$280,000$5,600$4,039,200

Total principal outstanding

Fiscal years 2006 to 2025

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  • Tax supported, not self-supporting
  • Revenue supported, self-supporting
  • None: tax supported, self-supporting; revenue supported, not self-supporting

Principal outstanding at each fiscal year end, by pledge and whether the debt pays for itself. BRB chart data fetched 10/15/2026.

Total principal outstanding: the figures
Fiscal yearTax supported, not self-supportingRevenue supported, self-supportingTotal
2006$10,310,000$26,475,000$36,785,000
2007$9,165,000$48,460,000$57,625,000
2008$7,985,000$85,365,136$93,350,136
2009$6,770,000$82,845,136$89,615,136
2010$5,515,000$86,940,136$92,455,136
2011$4,210,000$83,660,136$87,870,136
2012$2,860,000$80,095,136$82,955,136
2013$1,455,000$76,695,136$78,150,136
2014$0$72,640,136$72,640,136
2015$0$107,320,136$107,320,136
2016$0$103,150,136$103,150,136
2017$0$148,600,000$148,600,000
2018$0$142,470,000$142,470,000
2019$0$136,548,821$136,548,821
2020$0$130,257,685$130,257,685
2021$0$129,590,835$129,590,835
2022$0$122,765,797$122,765,797
2023$0$114,702,038$114,702,038
2024$0$108,449,108$108,449,108
2025$0$58,040,983$58,040,983

Charts: BRB Data Center, Midwestern State University: its three chart CSVs. BRB chart data fetched 10/15/2026.

EMMA links are added as each issue is matched.

Source: State Issuance Fee By Year (updated by the publisher 8/27/2026); Debt Outstanding By Issuance State By Year (updated by the publisher 10/6/2026). Loaded here 10/18/2026.

Texas fiscal years run September 1 to August 31.

Issuer names are shown as published, without source footnote letters.

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