Texas Transportation Commission
CTTS First Tier Rev Ref Put Bonds Ser 2024B
$225,000,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- August 7, 2024
- Fiscal year issued
- 2024
- Par amount
- $225,000,000
- New money / refunding
- $0 / $225,000,000
- Pledge
- Revenue
- Purpose
- Refunding
- Program
- TXDOT Toll Revenue Bonds
- Sale
- Negotiated
- Final maturity
- August 31, 2042
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $225,000,000 | $162,631,600 | $387,631,600 |
| 2025 | Period 1 | $225,000,000 | $168,256,600 | $393,256,600 |
| 2024 | Year end | $225,000,000 | $173,254,100 | $398,254,100 |
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: $975,452, or $4.34 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $3,925.13 | $0.02 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $139,410.70 | $0.62 |
| CUSIP | Not reported | One time | $309.00 | $0.00 |
| Disclosure counsel | Bracewell LLP | One time | $93,926.44 | $0.42 |
| Escrow verification | AMTEC Corp | One time | $261.68 | $0.00 |
| Financial advisor | Estrada Hinojosa & Co Inc | One time | $39,221.96 | $0.17 |
| miscellaneous | Not reported | One time | $6,756.13 | $0.03 |
| miscellaneous | Ipreo LLC | One time | $51.44 | $0.00 |
| miscellaneous | Ipreo LLC | One time | $800.23 | $0.00 |
| miscellaneous | Ipreo LLC | One time | $7,716.52 | $0.03 |
| miscellaneous | The Depository Trust Company | One time | $425.00 | $0.00 |
| Other costs | Not reported | One time | $2,500.00 | $0.01 |
| Printing | ImageMaster LLC | One time | $686.16 | $0.00 |
| Rating agency | Fitch | One time | $27,544.75 | $0.12 |
| Rating agency | Moodys | One time | $28,233.37 | $0.13 |
| Rating agency | S&P | One time | $25,341.17 | $0.11 |
| Underwriter's spread: takedown | Not reported | One time | $562,500.00 | $2.50 |
| Trustee | Bank of New York Mellon Trust Co | One time | $2,100.29 | $0.01 |
| Trustee counsel | McGuire Craddock & Strother PC | One time | $6,197.57 | $0.03 |
| Underwriter's counsel (paid by the underwriter) | Not reported | One time | $27,544.75 | $0.12 |
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.