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Texas Veterans Land Board

State of Texas Veterans Bonds Ser 2014D

$55,255,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
September 10, 2014
Fiscal year issued
2015
Par amount
$100,000,000
New money / refunding
$100,000,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
Housing land
Program
VLB Land and Housing Bonds
Sale
Negotiated
Final maturity
June 1, 2045

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPeriodPrincipalInterestTotal debt service
2025Year end$55,255,000$9,535,602$64,790,602
2025Period 1$57,215,000$10,090,444$67,305,444
2024Year end$59,205,000$10,664,585$69,869,585
2024Period 1$61,230,000$11,258,363$72,488,363
2023Year end$63,285,000$11,872,069$75,157,069
2023Period 1$65,375,000$12,506,043$77,881,043
2022Year end$67,500,000$13,160,625$80,660,625
2022Period 1$69,660,000$13,836,152$83,496,152
2021Year end$71,855,000$14,532,966$86,387,966
2021Period 1$74,085,000$15,251,406$89,336,406
2020Year end$76,355,000$15,991,858$92,346,858
2020Period 1$78,660,000$16,754,664$95,414,664
2019Year end$81,005,000$17,540,210$98,545,210
2019Period 1$83,385,000$18,348,836$101,733,836
2018Year end$85,805,000$19,180,930$104,985,930
2018Period 1$88,265,000$20,036,880$108,301,880
2017Year end$90,760,000$20,917,025$111,677,025
2017Period 1$93,185,000$21,820,687$115,005,687
2016Year end$95,385,000$22,745,683$118,130,683
2016Period 1$97,345,000$23,689,686$121,034,686

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

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One-time costs reported: $346,860, or $3.47 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
CostPaid toTypeAmountPer $1,000
Attorney General reviewNot reportedOne time$9,500.00$0.10
Bond counselBracewell LLPOne time$75,000.00$0.75
Co bond counselLannen & Oliver PCOne time$20,250.00$0.20
Co underwriter counsel (paid by the underwriter)Mahomes Bolden & Warren PCOne time$5,000.00$0.05
Financial advisorGeorge K Baum & CoOne time$36,500.00$0.37
Liquidity provider counselChapman & Cutler LLPOne time$15,000.00$0.15
Other costsFitchOne time$5,000.00$0.05
PrintingFinancial Printing Resources IncOne time$920.00$0.01
Rating agencyMoodysOne time$19,000.00$0.19
Underwriter's spread: expensesNot reportedOne time$35,690.00$0.36
Underwriter's spread: takedownNot reportedOne time$100,000.00$1.00
Underwriter's counsel (paid by the underwriter)Locke Lord LLPOne time$25,000.00$0.25

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.