Debt Outstanding by Project, as of June 30, 2026
Estimates for projects in Series 2025A, which will be finalized only once all proceeds are spent.
| PROJECT | DEBT |
|---|---|
| 1855 Place | 85,769,214 |
| 2019C Savings from Refunding 2010C | (21,480,000) |
| Akers Hall Renovation | 13,845,976 |
| Anaerobic Digester - RNG Facility | 27,793 |
| Anthony Hall - Repair simulated slate roof | 63,574 |
| Armstrong & Bryan Hall Renovations | 20,459,308 |
| Auditorium - Alterations to Fairchild Theatre | 9,100,069 |
| Bailey and Rather Halls Renovation | 20,872,707 |
| Bio Engineering Facility | 22,248,426 |
| Biochemistry - HVAC Renovation | 5,342,478 |
| BIOMEDICAL & PHYSICAL SCI BLDG/CHILLER | 1,911,455 |
| Breslin Berkowitz - Facility Upgrades & Hall of History | 75,000 |
| Breslin Bleacher Reconfiguration | 194,368 |
| Breslin Student Events Center - Facility Upgrades | 23,956,282 |
| Broad Business College Complex Pavilion | 18,727,533 |
| Brody Hall Renovations | 29,719,390 |
| Brody utility infrastructure improvements | 726,249 |
| Butterfield Hall Renovation | 11,043,376 |
| Campbell Hall Renovation | 29,460,614 |
| Campus Fiber Optic System | 1,367,399 |
| Campus Steam Distribution System | 49,049,323 |
| Cap Interest/Interest Income/Fees/Issuance Costs | (207,213) |
| Case Hall - Elevator replacement | 267,826 |
| Case Hall 1st Floor Renovations of Dining Hall | 12,752,460 |
| Cashier's Office Renovations | 102,450 |
| CEMS Boiler 3 | 122,726 |
| Chemistry - HVAC Renovation | 3,320,337 |
| Chemistry Lab Renovation (5th floor) | 59,349 |
| Chemistry Office Addition | 518,075 |
| Chemistry Office Addition Renovations 2007 | 3,022,980 |
| Chillers 2006 | 1,731,676 |
| Clinical Center C-Wing HVAC | 2,264,581 |
| Combined Heat and Power Plant | 16,117,717 |
| COMM ARTS PARKING RAMP 5 | 3,809,519 |
| Convert Light T12-T8 | 1,468,189 |
| Cooling Tower 3 & 4 | 245,241 |
| Crescent Middlevale | 1,150,360 |
| Cyclotron Building - Office Addition - Phase III | 9,107,461 |
| Cyclotron Building New High Bay Addition | 2,876,974 |
| Cyclotron Low Eng Exp Res and Off Additions | 11,958,418 |
| Cyclotron Office Addition | 12,124,814 |
| Cyclotron-refrig/cryo projects | 178,146 |
| DAIRY CATTLE TEACHING & RESEARCH - CONSTRUCT REPLACEMENT COMPLEX | 39,280,819 |
| Data Access in Residential Halls | 382,455 |
| DETROIT RESEARCH - CONSTRUCT ORIGINAL BUILDING | 219,240,505 |
| Difference between bond debt service and project repayment schedules | (45,696,101) |
| Duffy Daugherty Football - Renovate Team Locker Room and Training Room | 570,834 |
| Duffy Daugherty SAAC - Skandalaris Football Offices and Demmer Hall of History | 643,488 |
| Electrical Support for Units 5 & 6 | 121,971 |
| Emmons Hall Renovations | 8,681,439 |
| Farm Lane Bridge | 11,051,009 |
| Farm Lane Underpass | 10,902,799 |
| Food Science - HVAC Renovation | 6,166,485 |
| FOOD SERVICE EQUIPMENT UPDATE | 103,676 |
| Food Stores Roof Replacement | 103,906 |
| FRIB 25MW Power Supply | 22,092,451 |
| FRIB Cryogenic Assembly Bldg | 12,154,879 |
| FRIB High Rigidity Spectrometer and Isotope Harvesting Experimental Vault | 21,799,981 |
| FRIB Power Plant Connection | 5,029,368 |
| FRIB Utility Relocation Phase I | 4,604,265 |
| Grand Rapids Property Purchase | 4,682,620 |
| Grand Rapids Research Center | 5,995,700 |
| Grand River Parking Ramp | 7,930,366 |
| Health, Wellness, and Fitness Center | 150,283,326 |
| Healthy Campus / Demonstration Hall - Phase 1 - Multi-Use Court Renovations | 1,507,369 |
| Healthy Campus / IM East Gym and Track | 1,439,574 |
| Healthy Campus / IM West Turf Arena Renovations | 2,778,217 |
| HENRY CENTER EXECUTIVE DEVEL. | 197,047 |
| Holden Hall Dining Upgrades | 534,634 |
| Hubbard Hall Asbestos | 84,565 |
| Hubbard Hall Fire Protection | 399,547 |
| HUMAN ECOLOGY SPDC RENOVATION | 1,494,747 |
| HUMAN ECOLOGY SUITE 2 RENOVATION | 250,559 |
| Innovation and Infrastructure Revolving Fund | 500,000,000 |
| Interdisciplinary Science and Technology Building - ISTB | 83,539,599 |
| Jenison Field House | 2,040,436 |
| Kuali Coeus Research Admin | 1,774,508 |
| Landon Renovation | 13,465,363 |
| Low NOX Burner Boilers 1-2 '01 | 394,392 |
| Low Nox Monitoring System | 281,530 |
| Mary Mayo renovations | 6,443,942 |
| McDonel Hall - Electrical Conversion | 115,648 |
| McDonel Hall - Elevator replacements | 247,669 |
| MSU MUSEUM INFRASTRUCTURE IMPROVEMENTS - ACCREDITATION | 6,560,879 |
| MSU Surplus Store and Recycling Center | 2,796,677 |
| MSU Union Renovation | 467,220 |
| Multicultural Center | 33,823,663 |
| Munn Ice Arena Expansion | 7,705,835 |
| MUSIC BUILDING - ADDITION NO. 3 | 23,098,040 |
| Natural Science Bldg-Window Replc | 1,373,740 |
| Natural Science- New Elect Substation | 522,558 |
| Old Hort Renovations | 383,886 |
| Plant and Environmental Science Construction | 134,560,279 |
| Plant Science Expansion | 34,005,365 |
| Power & Water -- Major repair & replacement (13 projects) | 351,159 |
| Public Art for Debt Funded Projects | 104,699 |
| Regional Chill Water Plant Rpl | 665,013 |
| Replace Chillers - Hannah Bldg. | 359,616 |
| Replace Chillers - Nisbet Bldg. | 130,466 |
| Replace Windows- Human Ecology Bldg. | 166,894 |
| Road- Wilson & Red Cedar - intersection | 1,629,587 |
| Scene Shop Relocation | 347,112 |
| Secchia Center | 73,833,264 |
| Settlement Debt | 345,220,325 |
| Shaw Hall New Dining Center | 9,218,678 |
| Shaw Hall Renovation | 2,692,973 |
| SHAW LANE PARKING RAMP 1 | 6,130,443 |
| SHAW/BOGUE INTERSECTION 2000 | 274,598 |
| SHAW/RED CEDAR INTERSECT 2000 | 259,622 |
| Snyder/Phillips dorm renovation | 16,593,853 |
| South Campus Anaerobic Digester | 1,555,100 |
| Spartan Child Dev Ctr | 991,961 |
| Spartan Stadium - Audio Upgrades | 1,256,542 |
| Spartan Stadium - North and East Bowl Restoration | 1,720,012 |
| Spartan Stadium North End Zone Addition | 509,498 |
| Spartan Turf Paved Nursery | 230,039 |
| Spartan Village - Re-roof various bldgs | 159,411 |
| Spartan Village Electrical | 718,605 |
| SRF High Bay Addition Phase I | 10,801,191 |
| Stadium Column Repair 2000 | 647,980 |
| Stadium Column Restoration | 225,134 |
| Stadium Expansion | 22,772,232 |
| STADIUM NEW TURF | 589,321 |
| Stadium North Restoration '02 | 602,189 |
| Stadium Restoration of East Stands 2000 | 1,547,561 |
| Stadium South Stands | 327,928 |
| Stadium W. Concourse & Columns | 363,654 |
| STEM Teaching and Learning Facility | 57,606,146 |
| STEM Teaching and Learning Facility - Shaw Lane Power Plant | 6,184,954 |
| Stm Dist & Road Rec E/W Circle Drive | 5,805,877 |
| Stores Addition | 155,356 |
| Student Data Service | 378,139 |
| T.B. Simon Power Plant - Modernization - Boilers | 16,246,612 |
| T.B. Simon Power Plant - Modernization - Reverse Osmosis | 977,614 |
| T.B. Simon Power Plant - Modernization - RICE | 41,110,411 |
| T.B. Simon Power Plant - Upgrade Utility Substation | 19,471,356 |
| TB Simon Dem Storage Tank #2 | 165,405 |
| TB Simon Low NOx Burner Installation #3 Boiler | 308,503 |
| TB Simon Power Plant - Coal Handling Changes Phase I | 14,431,691 |
| TB Simon Power plant addition | 15,211,228 |
| TB Simon Power Plant SNCR 1,2,3 | 1,046,654 |
| Track & Field Turf | 1,194,803 |
| Transportation Services Garage | 592,000 |
| Union Mechanical Renovation | 420,308 |
| University Village | 7,769,357 |
| Utility Distribution -- New elec. sub. sta. for Owen Graduate Center | 204,075 |
| Vet. Med. Center - Replace deteriorated roofs | 110,419 |
| Water Distribution - Campus Water System Improvements | 16,362,347 |
| Wells Hall Addition | 27,333,989 |
| West Regional Chilled Water Plant | 83,168,002 |
| Wharton Center Expansion | 9,620,037 |
| WILSON - RENO FOR TECH ENGINEERING | 1,714,230 |
| Wilson Hall - Electrical Conversion | 137,561 |
| Wilson Hall Alterations (C-102 Auditorium) | 98,238 |
| Wilson Rd Phase 2 | 1,392,878 |
| Wonders Hall - Teaching, Learning, and Student Support Renovation | 10,550,802 |
| Grand Total | 2,596,652,000 |