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State issuer

Texas Public Finance Authority

$4,138,935,000 of principal outstanding on 24 issues at the end of fiscal year 2025.

Fiscal year 2025 at a glance

Principal outstanding
$4.14 billion
Fiscal year 2025

$4,138,935,000

Interest still to be paid
$1.25 billion
Fiscal year 2025

$1,248,076,885

Total debt service outstanding
$5.39 billion
Fiscal year 2025

$5,387,011,885

Issues outstanding
24
Fiscal year 2025

Debt outstanding by fiscal year

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Principal outstanding at each fiscal year end; the table below gives the figures.FY 2016: $3,134,040,0632016FY 2017: $2,941,273,3622017FY 2018: $2,991,144,3572018FY 2019: $3,145,829,7482019FY 2020: $3,321,822,6082020FY 2021: $3,804,290,0002021FY 2022: $3,924,190,0002022FY 2023: $4,076,670,0002023FY 2024: $4,180,705,0002024FY 2025: $4,138,935,0002025
Debt outstanding at each fiscal year end
Fiscal yearPrincipalInterestTotal debt serviceIssues
2025$4,138,935,000$1,248,076,885$5,387,011,88524
2024$4,180,705,000$1,273,496,632$5,454,201,63227
2023$4,076,670,000$1,155,823,224$5,232,493,22429
2022$3,924,190,000$1,023,237,581$4,947,427,58129
2021$3,804,290,000$1,088,085,873$4,892,375,87330
2020$3,321,822,608$1,002,256,721$4,324,079,33032
2019$3,145,829,748$994,369,354$4,140,199,10232
2018$2,991,144,357$975,360,291$3,966,504,64832
2017$2,941,273,362$935,515,950$3,876,789,31334
2016$3,134,040,063$969,887,277$4,103,927,34033

Issues outstanding, fiscal year 2025

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Issues with principal outstanding, largest first
IssueClosedPledgePurposeFinal maturityPrincipalInterest
GO & Ref Bonds Ser 2021ABNov 18, 2021Tax-supported (general obligation)HealthOct 1, 2041$706,025,000$129,881,024
State of Texas GO and Ref Bonds Txbl Ser 2020Apr 23, 2020Tax-supported (general obligation)HealthOct 1, 2039$354,135,000$64,935,877
GO & Ref Bonds Taxable Ser 2023 (CPRIT)Aug 29, 2023Tax-supported (general obligation)HealthOct 1, 2043$345,985,000$161,528,940
Lease Rev and Ref Bonds (Texas Facil Commission) Txbl Ser 2020Dec 23, 2020RevenueGeneral purposeFeb 1, 2041$318,300,000$53,245,137
GO Ref Bonds Txbl Ser 2025Jul 31, 2025Tax-supported (general obligation)RefundingOct 1, 2044$298,100,000$145,196,441
State of Texas GO & Ref Bonds Txbl Ser 2023A (CPRIT)Nov 15, 2023Tax-supported (general obligation)HealthOct 1, 2043$285,000,000$166,337,325
Lease Rev Bonds (TxDOT - Austin Campus Cons Proj) Txbl Ser 2021Mar 11, 2021RevenueGeneral purposeFeb 1, 2041$270,385,000$59,876,639
State of Texas GO and Ref Bonds, Taxable Series 2017 (CPRIT)Feb 8, 2017Tax-supported (general obligation)HealthOct 1, 2036$225,000,000$50,830,688
State of Texas GO & Ref Bonds, Taxable Ser 2018Sep 11, 2018Tax-supported (general obligation)HealthOct 1, 2037$204,010,000$50,821,095
GO & Ref Bonds Ser 2015C (Taxable)Oct 29, 2015Tax-supported (general obligation)HealthOct 1, 2035$203,390,000$42,272,393
Series 2019A and Series 2019B (Taxable) (New MLPP and Lease Purchase Projects)Not reportedRevenueAug 31, 2041$198,610,000$129,991,156
Lease Rev and Ref Bonds (Texas Facil Commission) Ser 2019Jun 18, 2019RevenueGeneral purposeFeb 1, 2039$178,215,000$52,190,300
TPFA Lease Rev Ref Bonds Ser 2024 (Texas Facil Commission)Oct 30, 2024RevenueRefundingFeb 1, 2041$96,845,000$38,730,125
State of Texas GO Ref Bonds, Series 2016May 26, 2016Tax-supported (general obligation)RefundingOct 1, 2030$89,945,000$10,044,100
GO Ref Bonds Series 2017AMar 29, 2017Tax-supported (general obligation)RefundingOct 1, 2035$80,245,000$19,988,300
TSU RFS Bonds Ser 2023Jul 25, 2023RevenueSchool facilities and equipmentMay 1, 2042$74,430,000$39,484,275
State of Texas GO Ref Bonds, Ser 2018AOct 11, 2018Tax-supported (general obligation)RefundingOct 1, 2029$69,130,000$7,215,250
MSU RFS Rev and Ref Bonds, Series 2016ABSep 15, 2016RevenueSchool facilities and equipmentDec 1, 2035$55,890,000$12,349,124
TSU RFS Rev Bonds, Series 2016Sep 15, 2016RevenueSchool facilities and equipmentMay 1, 2036$35,925,000$8,223,600
State of Texas GO Ref Bonds Ser 2015ABMay 5, 2015Tax-supported (general obligation)RefundingOct 1, 2028$18,290,000$1,218,000
State of Texas GO Ref Bonds (Texas Military Value Revolving Loan Program), Taxable Series 2016Dec 7, 2016Tax-supported (general obligation)RefundingOct 1, 2032$13,995,000$1,910,653
TSU RFS Ref Bonds Ser 2021Jun 24, 2021RevenueRefundingMay 1, 2030$8,635,000$1,337,750
State of Texas GO Ref Bonds, Taxable Series 2017BOct 3, 2017Tax-supported (general obligation)RefundingOct 1, 2028$8,030,000$460,293
Lease Rev Ref Bonds (THCP), Taxable Series 2017Sep 28, 2017RevenueRefundingFeb 1, 2026$420,000$8,400

Earlier issues

Issues last reported before fiscal year 2025: repaid, refunded or matured.

Source: State Issuance Fee By Year (updated by the publisher Aug 27, 2026); Debt Outstanding By Issuance State By Year (updated by the publisher Aug 26, 2026). Loaded here Oct 3, 2026.

Texas fiscal years run September 1 to August 31.

Figures are as reported to the agency and have not been independently verified.