Texas Transportation Commission
CTTS First Tier Rev Ref Bonds Ser 2020A, B, & C
$458,780,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- March 5, 2020
- Fiscal year issued
- 2020
- Par amount
- $683,780,000
- New money / refunding
- $0 / $683,780,000
- Pledge
- Revenue
- Purpose
- Refunding
- Program
- TXDOT Toll Revenue Bonds
- Sale
- Negotiated
- Final maturity
- August 15, 2041
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $458,780,000 | $242,972,857 | $701,752,857 |
| 2025 | Period 1 | $458,780,000 | $251,189,806 | $709,969,806 |
| 2024 | Year end | $458,780,000 | $259,406,755 | $718,186,755 |
| 2024 | Period 1 | $683,780,000 | $458,061,953 | $1,141,841,953 |
| 2023 | Year end | $683,780,000 | $471,476,402 | $1,155,256,402 |
| 2023 | Period 1 | $683,780,000 | $458,808,611 | $1,142,588,611 |
| 2022 | Year end | $683,780,000 | $470,656,152 | $1,154,436,152 |
| 2022 | Period 1 | $683,780,000 | $481,100,601 | $1,164,880,601 |
| 2021 | Year end | $683,780,000 | $491,545,051 | $1,175,325,051 |
| 2021 | Period 1 | $683,780,000 | $501,989,500 | $1,185,769,500 |
| 2020 | Year end | $683,780,000 | $512,433,949 | $1,196,213,949 |
State issues are reported twice each fiscal year. "Year end" is the balance at the end of the fiscal year (reporting period 2), which the totals on this site use; "Period 1" is the earlier report in the same year.
Costs of issuance
Download CSVOne-time costs reported: $4,700,721, or $6.87 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $28,500.00 | $0.04 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $665,657.00 | $0.97 |
| Co underwriter counsel (paid by the underwriter) | Escamilla & Poneck LLP | One time | $34,189.00 | $0.05 |
| Disclosure counsel | McCall Parkhurst & Horton LLP | One time | $166,756.00 | $0.24 |
| Escrow agent | Bank of New York Mellon Trust Co | One time | $6,100.00 | $0.01 |
| Escrow verification | AMTEC Corp | One time | $1,200.00 | $0.00 |
| Financial advisor | Estrada Hinojosa & Co Inc | One time | $198,210.00 | $0.29 |
| Paying agent and registrar | Bank of New York Mellon Trust Co | One time | $2,250.00 | $0.00 |
| Printing | ImageMaster LLC | One time | $4,941.00 | $0.01 |
| Rating agency | Fitch | One time | $150,000.00 | $0.22 |
| Rating agency | Moodys | One time | $185,000.00 | $0.27 |
| Rating agency | S&P | One time | $150,500.00 | $0.22 |
| Underwriter's spread: expenses | Not reported | One time | $233,146.00 | $0.34 |
| Underwriter's spread: takedown | Not reported | One time | $2,741,705.00 | $4.01 |
| Trustee | Bank of New York Mellon Trust Co | One time | $10,000.00 | $0.01 |
| Trustee counsel | McGuire Craddock & Strother PC | One time | $20,000.00 | $0.03 |
| Underwriter's counsel (paid by the underwriter) | Norton Rose Fulbright US LLP | One time | $102,567.00 | $0.15 |
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.