Texas Transportation Commission
State of Texas Highway Improvement GO Ref Bonds Txbl Ser 2020
$214,905,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- July 8, 2020
- Fiscal year issued
- 2020
- Par amount
- $794,235,000
- New money / refunding
- $0 / $794,235,000
- Pledge
- Tax-supported (general obligation)
- Purpose
- Refunding
- Program
- TTC GO Transportation Bonds
- Sale
- Negotiated
- Final maturity
- April 1, 2042
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $214,905,000 | $73,588,967 | $288,493,967 |
| 2025 | Period 1 | $214,905,000 | $76,341,900 | $291,246,900 |
| 2024 | Year end | $214,905,000 | $79,094,833 | $293,999,833 |
| 2024 | Period 1 | $770,630,000 | $254,717,545 | $1,025,347,545 |
| 2023 | Year end | $770,630,000 | $270,012,342 | $1,040,642,342 |
| 2023 | Period 1 | $793,730,000 | $285,884,638 | $1,079,614,638 |
| 2022 | Year end | $793,730,000 | $301,756,935 | $1,095,486,935 |
| 2022 | Period 1 | $794,235,000 | $317,641,856 | $1,111,876,856 |
| 2021 | Year end | $794,235,000 | $333,526,778 | $1,127,761,778 |
| 2021 | Period 1 | $794,235,000 | $349,411,700 | $1,143,646,700 |
| 2020 | Year end | $794,235,000 | $356,736,413 | $1,150,971,413 |
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: $3,772,242, or $4.75 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 | $119,135.00 | $0.15 |
| Co underwriter counsel (paid by the underwriter) | Kassahn & Ortiz PC | One time | $15,884.70 | $0.02 |
| Disclosure counsel | Orrick Herrington & Sutcliffe LLP | One time | $79,424.00 | $0.10 |
| Escrow agent | US Bank | One time | $1,000.00 | $0.00 |
| Escrow verification | AMTEC Corp | One time | $825.00 | $0.00 |
| Financial advisor | Estrada Hinojosa & Co Inc | One time | $125,000.00 | $0.16 |
| Other costs | Estrada Hinojosa & Co Inc | One time | $20,000.00 | $0.03 |
| Other costs | Winters & Associates | One time | $20,000.00 | $0.03 |
| Paying agent and registrar | US Bank | One time | $650.00 | $0.00 |
| Printing | ImageMaster LLC | One time | $2,215.00 | $0.00 |
| Rating agency | Fitch | One time | $90,000.00 | $0.11 |
| Rating agency | Kroll | One time | $70,000.00 | $0.09 |
| Rating agency | Moodys | One time | $97,750.00 | $0.12 |
| Underwriter's spread: expenses | Not reported | One time | $170,600.00 | $0.21 |
| Underwriter's spread: takedown | Not reported | One time | $2,886,719.00 | $3.63 |
| Underwriter's counsel (paid by the underwriter) | Locke Lord LLP | One time | $63,538.80 | $0.08 |
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.