Project

2022 Series B and Taxable Series C General Receipts Bonds

$90,675,000 PAR AMOUNT

2024 Series B and Taxable Series C General Receipts Bonds

$186,250,000 PAR AMOUNT

The University's Asset Preservation initiative is a multi-phase effort to preserve existing campus buildings and enabling infrastructure, so they continue to serve their intended functions well into the future. The project is funded by a combination of University bonds and Commonwealth of Kentucky bonds. The University of Kentucky is required to match 30 cents on the dollar to receive funding from the State.

• $200.5M total project cost
  • $46.3M - funded by a portion of the University of Kentucky's 2022 Series B and Taxable Series C General Receipts Bonds and the University of Kentucky's 2024 Series B and Taxable Series C General Receipts Bonds
  • $154.2M - funded by a Commonwealth of Kentucky bond issue