Texas Transportation Commission
State of Texas Highway Improvement GO Bonds, Ser 2014
Last reported in fiscal year 2023, with $126,000,000 of principal then outstanding.
Terms
- Closing date
- October 15, 2014
- Fiscal year issued
- 2015
- Par amount
- $1,260,000,000
- New money / refunding
- $1,260,000,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Transportation
- Program
- TTC GO Transportation Bonds
- Sale
- Negotiated
- Final maturity
- April 1, 2026
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2024 | Period 1 | $126,000,000 | $9,450,000 | $135,450,000 |
| 2023 | Year end | $126,000,000 | $12,600,000 | $138,600,000 |
| 2023 | Period 1 | $168,000,000 | $16,800,000 | $184,800,000 |
| 2022 | Year end | $168,000,000 | $21,000,000 | $189,000,000 |
| 2022 | Period 1 | $210,000,000 | $26,250,000 | $236,250,000 |
| 2021 | Year end | $210,000,000 | $31,500,000 | $241,500,000 |
| 2021 | Period 1 | $252,000,000 | $37,800,000 | $289,800,000 |
| 2020 | Year end | $252,000,000 | $44,100,000 | $296,100,000 |
| 2020 | Period 1 | $966,000,000 | $538,440,000 | $1,504,440,000 |
| 2019 | Year end | $1,050,000,000 | $664,860,000 | $1,714,860,000 |
| 2019 | Period 1 | $1,092,000,000 | $691,530,000 | $1,783,530,000 |
| 2018 | Year end | $1,092,000,000 | $718,200,000 | $1,810,200,000 |
| 2018 | Period 1 | $1,134,000,000 | $745,920,000 | $1,879,920,000 |
| 2017 | Year end | $1,134,000,000 | $773,640,000 | $1,907,640,000 |
| 2017 | Period 1 | $1,176,000,000 | $802,410,000 | $1,978,410,000 |
| 2016 | Year end | $1,176,000,000 | $831,180,000 | $2,007,180,000 |
| 2016 | Period 1 | $1,218,000,000 | $861,000,000 | $2,079,000,000 |
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: $5,507,245, or $4.37 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $9,500.00 | $0.01 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $176,000.00 | $0.14 |
| Co underwriter counsel (paid by the underwriter) | Escamilla & Poneck LLP | One time | $43,750.00 | $0.03 |
| Disclosure counsel | Andrews & Kurth LLP | One time | $126,000.00 | $0.10 |
| Financial advisor | Estrada Hinojosa & Co Inc | One time | $103,341.00 | $0.08 |
| Paying agent and registrar | US Bank | One time | $175.00 | $0.00 |
| Printing | ImageMaster LLC | One time | $1,863.00 | $0.00 |
| Private activity | Texas Bond Review Board | One time | Not reported | |
| Rating agency | Fitch | One time | $100,000.00 | $0.08 |
| Rating agency | Moodys | One time | $120,000.00 | $0.10 |
| Rating agency | S&P | One time | $110,880.00 | $0.09 |
| Underwriter's spread: expenses | Not reported | One time | $276,566.00 | $0.22 |
| Underwriter's spread: takedown | Not reported | One time | $4,357,920.00 | $3.46 |
| Underwriter's counsel (paid by the underwriter) | Locke Lord LLP | One time | $81,250.00 | $0.06 |
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.