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

Texas Southern University

$118,990,000 of principal outstanding at the end of fiscal year 2025, all revenue supported.

BRB's data files these bonds under Texas Public Finance Authority, so they are already included in that agency's figures, not added to them.

Debt outstanding

Fiscal year 2025

Tax supported
$0
Revenue supported
$118,990,000
Total outstanding
$118,990,000

From the principal chart, fiscal year 2025.

Debt issued

Fiscal year 2025

None in fiscal year 2025

Tax supported
$0
Revenue supported
$0
Total issued
$0

Calculated by this site from the par of any issue filed under Texas Public Finance Authority that name this issuer, issued in fiscal year 2025, in State Issuance Fee By Year (its par and fiscal year issued).

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

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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 2041

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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$84,690,000$38,159,624$29,935,000$10,202,865$162,987,489
2007$80,700,000$34,124,685$27,245,000$8,816,218$150,885,903
2008$73,470,000$28,719,859$24,425,000$7,563,446$134,178,305
2009$69,170,000$25,150,108$21,470,000$6,451,966$122,242,073
2010$64,690,000$21,755,603$19,940,000$5,487,532$111,873,134
2011$89,245,000$40,179,508$18,345,000$4,591,361$152,360,868
2012$83,435,000$35,435,494$79,820,280$22,637,488$221,328,262
2013$75,635,000$28,231,871$76,343,153$20,243,760$200,453,784
2014$68,635,000$25,183,425$78,233,152$20,538,060$192,589,637
2015$62,545,000$21,674,688$96,658,486$24,804,711$205,682,884
2016$56,200,000$18,424,250$114,929,927$26,238,386$215,792,563
2017$102,860,000$38,832,538$108,253,362$23,442,383$273,388,283
2018$95,320,000$33,974,800$101,364,357$20,857,196$251,516,354
2019$87,415,000$29,487,563$95,804,748$18,452,614$231,159,924
2020$79,125,000$25,386,050$90,102,609$16,190,436$210,804,095
2021$67,010,000$18,966,995$2,480,000$155,550$88,612,545
2022$58,000,000$16,270,050$1,690,000$68,200$76,028,250
2023$133,000,000$60,465,933$860,000$17,200$194,343,133
2024$125,695,000$55,057,525$0$0$180,752,525
2025$118,990,000$49,045,625$0$0$168,035,625
2026$111,965,000$43,368,975$0$0$155,333,975
2027$104,580,000$38,043,575$0$0$142,623,575
2028$96,825,000$33,087,425$0$0$129,912,425
2029$88,675,000$28,519,025$0$0$117,194,025
2030$80,155,000$24,327,925$0$0$104,482,925
2031$73,240,000$20,531,425$0$0$93,771,425
2032$66,010,000$17,048,025$0$0$83,058,025
2033$58,455,000$13,892,175$0$0$72,347,175
2034$50,550,000$11,078,775$0$0$61,628,775
2035$42,320,000$8,597,700$0$0$50,917,700
2036$33,740,000$6,463,538$0$0$40,203,538
2037$28,810,000$4,692,188$0$0$33,502,188
2038$23,625,000$3,179,663$0$0$26,804,663
2039$18,160,000$1,939,350$0$0$20,099,350
2040$12,415,000$985,950$0$0$13,400,950
2041$6,365,000$334,163$0$0$6,699,163

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$38,520,000$114,625,000$153,145,000
2007$36,315,000$107,945,000$144,260,000
2008$32,180,000$97,895,000$130,075,000
2009$27,910,000$90,640,000$118,550,000
2010$23,490,000$84,630,000$108,120,000
2011$18,910,000$107,590,000$126,500,000
2012$14,140,000$163,255,280$177,395,280
2013$9,180,000$151,978,153$161,158,153
2014$4,015,000$146,868,152$150,883,152
2015$0$159,203,486$159,203,486
2016$0$171,129,927$171,129,927
2017$0$211,113,362$211,113,362
2018$0$196,684,357$196,684,357
2019$0$183,219,748$183,219,748
2020$0$169,227,609$169,227,609
2021$0$69,490,000$69,490,000
2022$0$59,690,000$59,690,000
2023$0$133,860,000$133,860,000
2024$0$125,695,000$125,695,000
2025$0$118,990,000$118,990,000

Bond counsel fees paid

Past five fiscal years

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  1. Bracewell, LLP$235,000
  2. Bates & Coleman, PC$30,000

Total fees paid to each firm. BRB chart data fetched 10/15/2026.

Financial advisor fees paid

Past five fiscal years

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  1. RBC Capital Markets, LLC$73,157
  2. PFM Group$42,400

Total fees paid to each firm. BRB chart data fetched 10/15/2026.

Underwriter fees paid

Past five fiscal years

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  1. Loop Capital Markets, LLC$182,465
  2. Ramirez & Co Inc$79,583
  3. SAMCO Capital Markets Inc$79,583
  4. Mesirow Financial Holdings Inc$43,270

Management fee plus takedown, for each of the top 20 firms. BRB chart data fetched 10/15/2026.

Rating agency fees paid

Past five fiscal years

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  1. Fitch$77,000, 100%

Total fees paid to each rating agency, with its share. BRB chart data fetched 10/15/2026.

Source: BRB Data Center, Texas Southern University: its seven chart CSVs. BRB chart data fetched 10/15/2026.

The Debt issued card: State Issuance Fee By Year, loaded here 10/17/2026.

The outstanding figure compared under Debt outstanding: Debt Outstanding By Issuance State By Year, loaded here 10/17/2026.

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.