Investor Relations Dashboard

(data as of 6/30/2023)

AFS
$971.4m

The Auxiliary Facilities System (AFS) includes Housing, Parking, Recreation, Athletic and Student Services Facilities.

COPS
$40.6m

Certificates of Participation (COPS) include Utility Infrastructure, Information Technology and Academic Facilities projects.

ESCO
$17.2m

Energy Service Contracts (ESCO) includes the UIUC Veterinary Medicine Facility and the UIC Science and Engineering Building.

HSFS
$89.2m

The Health Services Facilities System (HSFS) includes the University of Illinois Hospital and associated clinical facilities.

P3
$350.5m

 Public-Private Partnerships (P3) allow for capital project delivery with external development partners.

Note: This section displays a visual of interactive data. Select the download data link for the campus report card that follows which enables users to download a file for an alternative textual representation of the visual data.

Debt Information

Click each debt silo below to explore more about outstanding balances, data detail, ratings and pledge of repayment across each of our debt Silos.

Auxiliary Facilities System (AFS)

  • $971.4 million outstanding 6/30/2023, $86.3m estimated FY24 debt service
  • Credit Ratings (Moody's/S&P): Aa2 / AA-
  • Auxiliary Facility System Revenue Bonds have a payment pledge on the following revenue streams: the net revenues of the Auxiliary Facilities System, student tuition and fees, and the Bond and Interest Sinking Fund.
  • For Fiscal Year 2022, the Auxiliary Facilities System had total operating revenues of $368 million, and the University of Illinois System had over $1.34 billion in student tuition and fee revenue
  • On April 11, 2023, the University issued AFS Series 2023A, which refunded all outstanding principal of the Series 2013A bonds. The $153.15 million Series 2023A has a final maturity on 4/1/2032.

Certificates of Participation (COPS)

  • $40.6 million outstanding at 6/30/2023, $11.8m estimated FY24 debt service
  • Credit Ratings (Moody's/S&P): Aa2 / AA-
  • Certificates of Participation are payable from legally available non-appropriated University funds (primarily tuition and fees, not to exceed debt service and subject to a prior pledge). The security for each issue of COPs is the underlying physical project.
  • The University of Illinois System had $1.34 billion in student tuition and fee revenue for Fiscal Year 2022

Energy Service Contract (ESCO)

  • $17.2 million outstanding at 6/30/2023, $4.2 m estimated FY24 debt service
  • ESCO's are contracts which finance energy conservation measures to existing University facilities.

Health Services Facilities System (HSFS)

  • $89.2 million outstanding at 6/30/2023, $9.4m estimated FY24 debt service
  • Credit Ratings (Moody's/S&P): A2 / A-
  • The bonds are payable from and secured by a pledge of and lien on monies in the Bond and Interest Sinking Fund Account. The Bonds and Additional Parity Debt (as hereinafter defined) issued under the Bond Resolution are payable from and secured by a pledge of and lien on monies, as the following sources: (i) the net revenues of the System, (ii) Medical Service Plan (MSP) revenues in an amount not to exceed in any fiscal year the amount of scheduled debt service payments on the bonds and any mandatory transfers as described in the bond resolution for such fiscal year, and (iii) College of Medicine tuition in an amount not to exceed in any Fiscal Year the amount of scheduled debt service payments on the bonds and any mandatory transfers as described in the bond resolution for such fiscal year, subject to the prior pledge in favor of the Prior Pledge Bonds.
  • On October 25, 2023, HSFS Series 2023 refunding bonds were delivered to refund all callable Series 2013 bonds. The $68.325 million Series 2023 bonds have a final maturity on October 1, 2042.

Public-Private Partnerships (P3)

Public Private Partnerships are a financing mechanism which affords the University the opportunity to leverage the expertise of external developers and financing teams to deliver capital projects at an expedited rate. As of 6/30/2023, the University has entered into four separate P3s financed with bonds issued by the Illinois Finance Authority (IFA) to deliver the projects listed below.

  • IFA CHF-Chicago Series 2017AB - $94.86 million of IFA Lease Revenue Bonds issued on 12/19/2017 to finance the construction of the Academic and Residential Commons (ARC) facility at UIC. The ARC hosts 54,000 square feet of innovative instructional and learning space leased by the University while also providing a 548 bed residence hall marketed to UIC students managed by American Campus Communities. The housing bonds are secured by room and board revenue of the facility and respective debt service and principal of the housing bonds are omitted from tables presented above. At 6/30/2023, $28.71 million in principal was outstanding for the academic wing and $62.11 million in principal was outstanding for the housing wing of the facility.
  • IFA Provident UIUC 2019 - $71.525 million of IFA Lease Revenue Bonds issued on 5/30/2019 to finance the construction of the Campus Instructional Facility and Feed Technology Center at UIUC. The Campus Instructional Facility provides over 122,000 square feet of innovative and collaborative learning space, including a large 500 seat lecture hall. The Feed Technology Center replaces nearly century old facilities used for research and supplies for the University’s College of ACES, and provides cutting edge technology and equipment. At 6/30/2023, $70.355 million of principal was outstanding on the projects.
  • IFA Provident Group - UIC Surgery Center LLC – UI Health 2020 - $149.845 million of IFA Lease Revenue Bonds issued on 8/27/2020 to finance the construction of an outpatient surgery center for the University of Illinois Hospital in Chicago. This new surgical center, totaling 200,000 square feet, is connected to the University of Illinois Hospital and provides state of the art facilities to support the hospital’s operations and care delivery. At 6/30/2023, $149.845 million of principal was outstanding on the project.
  • IFA Provident Group-SCCIL Properties LLC; $87.215 million of IFA Lease Revenue Bonds issued on 5/4/2023 to finance the construction of parking and interdisciplinary academic facilities at the University of Illinois Urbana-Champaign. The new learning facility will primarily serve the Gies College of Business and parking structure serve the south campus community. At 6/30/2023, $87.215 million of principal was outstanding on the project..

Last reviewed: January 11, 2024