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State issuer

Texas Transportation Commission

$13,034,636,600 of principal outstanding on 27 issues at the end of fiscal year 2025.

Principal outstanding
$13.03 billion
Fiscal year 2025

$13,034,636,600

Interest still to be paid
$5.93 billion
Fiscal year 2025

$5,932,723,570

Total debt service outstanding
$18.97 billion
Fiscal year 2025

$18,967,360,171

Issues outstanding
27
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: $16,165,016,9192016FY 2017: $17,236,543,9772017FY 2018: $16,818,230,9012018FY 2019: $16,622,531,1552019FY 2020: $16,327,829,9312020FY 2021: $15,824,986,4432021FY 2022: $15,268,457,8222022FY 2023: $14,681,286,5032023FY 2024: $13,809,712,2032024FY 2025: $13,034,636,6002025
Fiscal yearPrincipalInterestTotal debt serviceIssues
2025$13,034,636,600$5,932,723,570$18,967,360,17127
2024$13,809,712,203$6,505,472,704$20,315,184,90727
2023$14,681,286,503$7,369,226,535$22,050,513,03926
2022$15,268,457,822$7,953,754,162$23,222,211,98426
2021$15,824,986,443$8,546,979,181$24,371,965,62527
2020$16,327,829,931$9,224,013,318$25,551,843,24927
2019$16,622,531,155$11,121,539,060$27,744,070,21622
2018$16,818,230,901$11,433,441,817$28,251,672,71821
2017$17,236,543,977$12,202,013,262$29,438,557,23922
2016$16,165,016,919$12,187,738,983$28,352,755,90221

Issues outstanding, fiscal year 2025

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IssueClosedPledgePurposeFinal maturityPrincipalInterest
TTC SHF First Tier Rev & Rev Ref Ser 2010 (5.10)Not reportedRevenueApr 1, 2030$1,281,385,000$234,023,053
TTC GO Mobility Fund Bonds Ser 2009A (BABs) (5.09)Not reportedTax-supported (general obligation)Apr 1, 2039$1,191,125,000$813,879,759
CTTS Second Tier Rev Ref Bonds Ser 2024CAug 7, 2024RevenueRefundingAug 31, 2042$1,022,495,000$542,180,500
GO Mobility Fund Ref Bonds Txbl Ser 2020Aug 5, 2020Tax-supported (general obligation)RefundingOct 1, 2044$854,400,000$229,743,838
Mobility Fund Ref Bonds Ser 2024Oct 1, 2024Tax-supported (general obligation)RefundingOct 1, 2044$840,260,000$246,630,500
GO Mobility Fund Ref Bonds, Series 2017A and Series 2017BFeb 1, 2017Tax-supported (general obligation)RefundingOct 1, 2036$770,155,000$322,269,625
GO Mobility Fund Ref Bonds, Series 2015ASep 30, 2015Tax-supported (general obligation)RefundingOct 1, 2036$742,160,000$225,939,050
State of Texas Highway Impr GO Ref Bonds Ser 2024Mar 28, 2024Tax-supported (general obligation)RefundingAug 31, 2044$634,285,000$234,820,750
TTC Texas Highway Imp GO Bonds Ser 2010A&B ( Prop 12) (1.10)Not reportedTax-supported (general obligation)Apr 1, 2040$607,725,000$242,549,565
State of Texas Highway Improvement GO Ref Bonds Txbl Ser 2019Dec 11, 2019Tax-supported (general obligation)RefundingApr 1, 2044$491,115,000$171,897,407
CTTS First Tier Rev Ref Bonds Ser 2020A, B, & CMar 5, 2020RevenueRefundingAug 15, 2041$458,780,000$242,972,857
State of Texas Highway Improvement GO Bonds, Series 2016May 4, 2016Tax-supported (general obligation)TransportationApr 1, 2046$430,500,000$236,775,000
Highway Improvement GO Bonds Ser 2016ANov 2, 2016Tax-supported (general obligation)TransportationApr 1, 2046$426,315,000$226,143,500
CTTS First Tier Rev Ref Bonds Ser 2024AAug 7, 2024RevenueRefundingAug 31, 2038$386,210,000$214,258,250
State of Texas GO Mobility and Ref Bonds, Series 2014A&BDec 18, 2014Tax-supported (general obligation)TransportationOct 1, 2044$350,000,000$206,334,876
Toll Rev Converting Note (IH 35E Managed Lane Project) TIFIA LoanNov 3, 2016RevenueTransportationAug 31, 2052$323,295,968$135,593,106
State Highway Fund First Tier Rev and Ref Bonds, Series 2014-A, First Tier Rev Bonds, Series 2014-B (SIFMA Index Floating Rate Bonds)Not reportedRevenueApr 1, 2032$300,000,000$50,522,072
State Highway Fund First Tier Rev Ref Bonds Ser 2024Mar 20, 2024RevenueRefundingAug 31, 2034$289,310,000$114,285,500
State of Texas GO Mobility Fund Ref Bonds, Series 2015BOct 7, 2015Tax-supported (general obligation)RefundingOct 1, 2036$254,105,000$127,327,875
SHF First Tier Rev Bonds Ser 2016A and First Tier Rev Ref Put Bonds Ser 2016BOct 26, 2016RevenueTransportationOct 1, 2030$253,915,000$20,887,547
State Highway 249 System First Tier Toll Rev Bonds Ser 2019A & Tax Ser 2019BFeb 26, 2019RevenueToll roadAug 1, 2057$249,251,954$449,879,828
CTTS First Tier Rev Ref Put Bonds Ser 2024BAug 7, 2024RevenueRefundingAug 31, 2042$225,000,000$162,631,600
State of Texas Highway Improvement GO Ref Bonds Txbl Ser 2020Jul 8, 2020Tax-supported (general obligation)RefundingApr 1, 2042$214,905,000$73,588,967
TTC GO Mobility Fund Ser 2006A&B (12/06)Not reportedTax-supported (general obligation)Aug 31, 2036$150,000,000$48,279,035
State Highway Fund First Tier Rev Ref Bonds, Series 2015Jul 22, 2015RevenueRefundingOct 1, 2026$147,495,000$6,589,875
TTA (DOT) CTTP, Ser 2002 (06/02)Not reportedRevenueAug 15, 2030$103,663,678$348,791,322
TTC SHF Bonds 2008 issued (08/08)Not reportedRevenueApr 1, 2028$36,785,000$3,928,313

Earlier issues

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

Other issues

Issues with no balance reported at a fiscal year end, such as those known only from their costs of issuance.

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.