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Horned Frog Athletics
Scott & Wes Frog Fan Forum
TCU Construction Updates
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<blockquote data-quote="Gary's Shirtless Revenge" data-source="post: 2402756" data-attributes="member: 72515"><p>Relevant data to this discussion from the latest tax filing (FY 2015-2016)</p><p></p><p>Total TCU Debt Outstanding as of 06/01/2016: $540 million</p><p>Total Interest Paid During FY2015-2016: $16 million</p><p></p><p>On that debt, some is covered by future contributions (like how we paid for the AGC but accepted funds over 1-5+ years), but not all of it. Most of the "revenue producing" buildings on campus were paid for with debt.</p><p></p><p>At the end of FY2015-2016 $2.8 billion in total assets against that debt... That's roughly 20% debt to asset ratio.</p></blockquote><p></p>
[QUOTE="Gary's Shirtless Revenge, post: 2402756, member: 72515"] Relevant data to this discussion from the latest tax filing (FY 2015-2016) Total TCU Debt Outstanding as of 06/01/2016: $540 million Total Interest Paid During FY2015-2016: $16 million On that debt, some is covered by future contributions (like how we paid for the AGC but accepted funds over 1-5+ years), but not all of it. Most of the "revenue producing" buildings on campus were paid for with debt. At the end of FY2015-2016 $2.8 billion in total assets against that debt... That's roughly 20% debt to asset ratio. [/QUOTE]
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Which team did TCU defeat in the College Football Playoffs?
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