State Revolving Fund Revenue Bonds, New Series 2018
$205,025,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- April 26, 2018
- Fiscal year issued
- 2018
- Par amount
- $288,395,000
- New money / refunding
- $288,395,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Program
- TWDB SRF
- Sale
- Negotiated
- Final maturity
- August 1, 2038
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $205,025,000 | $71,268,800 | $276,293,800 |
| 2025 | Period 1 | $219,275,000 | $76,578,125 | $295,853,125 |
| 2024 | Year end | $219,275,000 | $81,887,450 | $301,162,450 |
| 2024 | Period 1 | $232,840,000 | $87,535,900 | $320,375,900 |
| 2023 | Year end | $232,840,000 | $93,184,350 | $326,024,350 |
| 2023 | Period 1 | $245,760,000 | $99,155,800 | $344,915,800 |
| 2022 | Year end | $245,760,000 | $105,127,250 | $350,887,250 |
| 2022 | Period 1 | $258,070,000 | $111,406,450 | $369,476,450 |
| 2021 | Year end | $258,070,000 | $117,685,650 | $375,755,650 |
| 2021 | Period 1 | $269,800,000 | $124,258,100 | $394,058,100 |
| 2020 | Year end | $269,800,000 | $130,830,550 | $400,630,550 |
| 2020 | Period 1 | $281,080,000 | $137,628,600 | $418,708,600 |
| 2019 | Year end | $281,080,000 | $144,426,650 | $425,506,650 |
| 2019 | Period 1 | $288,395,000 | $151,371,000 | $439,766,000 |
| 2018 | Year end | $288,395,000 | $161,980,424 | $450,375,424 |
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: $1,638,958, or $5.68 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 | $0.03 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $156,000.00 | $0.54 |
| Disclosure counsel | Bracewell LLP | One time | $35,000.00 | $0.12 |
| Financial advisor | Hilltop Securities Inc | One time | $203,217.00 | $0.70 |
| Other costs | Not reported | One time | $5,249.00 | $0.02 |
| Paying agent and registrar | Bank of New York Mellon Trust Co | One time | $575.00 | $0.00 |
| Printing | Hilltop Securities Inc | One time | $7,500.00 | $0.03 |
| Printing | ImageMaster LLC | One time | $5,200.00 | $0.02 |
| Rating agency | Fitch | One time | $80,000.00 | $0.28 |
| Rating agency | S&P | One time | $112,500.00 | $0.39 |
| Underwriter's spread: expenses | Not reported | One time | $105,819.00 | $0.37 |
| Underwriter's spread: takedown | Not reported | One time | $865,898.00 | $3.00 |
| Underwriter's counsel (paid by the underwriter) | Orrick Herrington & Sutcliffe LLP | One time | $52,500.00 | $0.18 |
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.