State Water Implementation Rev Fund for Texas Rev Bonds Ser 2016 (Master Trust)
$527,535,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- October 13, 2016
- Fiscal year issued
- 2017
- Par amount
- $600,065,000
- New money / refunding
- $600,065,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Program
- TWDB SWIRFT Bonds
- Sale
- Negotiated
- Final maturity
- October 15, 2051
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $527,535,000 | $321,543,056 | $849,078,056 |
| 2025 | Period 1 | $540,235,000 | $333,489,325 | $873,724,325 |
| 2024 | Year end | $540,235,000 | $345,435,594 | $885,670,594 |
| 2024 | Period 1 | $551,565,000 | $357,664,488 | $909,229,488 |
| 2023 | Year end | $551,565,000 | $369,893,381 | $921,458,381 |
| 2023 | Period 1 | $562,565,000 | $382,392,775 | $944,957,775 |
| 2022 | Year end | $562,565,000 | $394,892,169 | $957,457,169 |
| 2022 | Period 1 | $575,565,000 | $407,701,563 | $983,266,563 |
| 2021 | Year end | $575,565,000 | $420,510,956 | $996,075,956 |
| 2021 | Period 1 | $582,565,000 | $433,495,350 | $1,016,060,350 |
| 2020 | Year end | $582,565,000 | $446,479,744 | $1,029,044,744 |
| 2020 | Period 1 | $589,565,000 | $459,639,138 | $1,049,204,138 |
| 2019 | Year end | $589,565,000 | $472,798,531 | $1,062,363,531 |
| 2019 | Period 1 | $595,565,000 | $486,107,925 | $1,081,672,925 |
| 2018 | Year end | $595,565,000 | $499,417,319 | $1,094,982,319 |
| 2018 | Period 1 | $598,065,000 | $512,776,713 | $1,110,841,713 |
| 2017 | Year end | $598,065,000 | $526,136,106 | $1,124,201,106 |
| 2017 | Period 1 | $600,065,000 | $539,684,382 | $1,139,749,382 |
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: $2,983,837, or $4.97 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $19,000.00 | $0.03 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $51,569.00 | $0.09 |
| Disclosure counsel | Mahomes Bolden & Warren PC | One time | $45,193.00 | $0.08 |
| Financial advisor | First Southwest Co LLC | One time | $227,344.00 | $0.38 |
| Other costs | Not reported | One time | $10,110.00 | $0.02 |
| Printing | ImageMaster LLC | One time | $2,395.00 | $0.00 |
| Rating agency | Fitch | One time | $145,000.00 | $0.24 |
| Rating agency | S&P | One time | $115,000.00 | $0.19 |
| Underwriter's spread: expenses | Not reported | One time | $121,699.00 | $0.20 |
| Underwriter's spread: takedown | Not reported | One time | $2,136,835.00 | $3.56 |
| Trustee | Bank of New York Mellon Trust Co | One time | $59,692.00 | $0.10 |
| Underwriter's counsel (paid by the underwriter) | Locke Lord LLP | One time | $50,000.00 | $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.