Texas Transportation Commission
State of Texas Highway Improvement GO Ref Bonds Txbl Ser 2019
$491,115,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- December 11, 2019
- Fiscal year issued
- 2020
- Par amount
- $705,550,000
- New money / refunding
- $0 / $705,550,000
- Pledge
- Tax-supported (general obligation)
- Purpose
- Refunding
- Program
- TTC GO Transportation Bonds
- Sale
- Negotiated
- Final maturity
- April 1, 2044
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $491,115,000 | $171,897,407 | $663,012,407 |
| 2025 | Period 1 | $494,910,000 | $179,600,277 | $674,510,277 |
| 2024 | Year end | $494,910,000 | $187,303,147 | $682,213,147 |
| 2024 | Period 1 | $695,435,000 | $274,614,933 | $970,049,933 |
| 2023 | Year end | $695,435,000 | $285,387,008 | $980,822,008 |
| 2023 | Period 1 | $698,940,000 | $296,229,183 | $995,169,183 |
| 2022 | Year end | $698,940,000 | $307,071,358 | $1,006,011,358 |
| 2022 | Period 1 | $702,310,000 | $317,980,934 | $1,020,290,934 |
| 2021 | Year end | $702,310,000 | $328,890,509 | $1,031,200,509 |
| 2021 | Period 1 | $705,550,000 | $339,864,884 | $1,045,414,884 |
| 2020 | Year end | $705,550,000 | $350,839,259 | $1,056,389,259 |
| 2020 | Period 1 | $705,550,000 | $357,545,822 | $1,063,095,822 |
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: $3,466,422, or $4.91 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 | $109,885.00 | $0.16 |
| Contingency | Not reported | One time | $28,544.00 | $0.04 |
| Co underwriter counsel (paid by the underwriter) | Bates & Coleman PC | One time | $14,111.00 | $0.02 |
| Co underwriter counsel (paid by the underwriter) | Winstead PC | One time | $56,444.00 | $0.08 |
| Disclosure counsel | Bracewell LLP | One time | $70,555.00 | $0.10 |
| Escrow agent | US Bank | One time | $1,500.00 | $0.00 |
| Escrow verification | Ritz & Associates PA | One time | $1,000.00 | $0.00 |
| Financial advisor | Estrada Hinojosa & Co Inc | One time | $126,410.00 | $0.18 |
| Paying agent and registrar | US Bank | One time | $750.00 | $0.00 |
| Printing | ImageMaster LLC | One time | $2,114.00 | $0.00 |
| Rating agency | Fitch | One time | $85,000.00 | $0.12 |
| Rating agency | Moodys | One time | $85,000.00 | $0.12 |
| Rating agency | S&P | One time | $77,601.00 | $0.11 |
| Underwriter's spread: expenses | Not reported | One time | $173,445.00 | $0.25 |
| Underwriter's spread: takedown | Not reported | One time | $2,624,563.00 | $3.72 |
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.