SRF Rev Bonds New Ser 2025
$183,810,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- April 16, 2025
- Fiscal year issued
- 2025
- Par amount
- $183,810,000
- New money / refunding
- $183,810,000 / $0
- Pledge
- Revenue
- Purpose
- Pension obligations
- Program
- TWDB SRF
- Sale
- Negotiated
- Final maturity
- August 1, 2046
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $183,810,000 | $117,254,000 | $301,064,000 |
| 2025 | Period 1 | $183,810,000 | $119,934,563 | $303,744,563 |
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: $1,139,672, or $6.20 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $140,405.00 | $0.76 |
| Disclosure counsel | Bracewell LLP | One time | $50,000.00 | $0.27 |
| Financial advisor | Hilltop Securities Inc | One time | $177,141.22 | $0.96 |
| Other costs | BondLink Inc | One time | $14,514.30 | $0.08 |
| Paying agent and registrar | Bank of New York Mellon Trust Co | One time | $598.00 | $0.00 |
| Rating agency | Fitch | One time | $58,000.00 | $0.32 |
| Rating agency | S&P | One time | $140,400.00 | $0.76 |
| Underwriter's spread: takedown | Not reported | One time | $553,397.96 | $3.01 |
| Travel | Not reported | One time | $5,215.72 | $0.03 |
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.