State Water Implementation Revenue Fund For Texas Rev Bonds Ser 2019A (Master Trust)
$780,005,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- October 10, 2019
- Fiscal year issued
- 2020
- Par amount
- $835,825,000
- New money / refunding
- $835,825,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Program
- TWDB SWIRFT Bonds
- Sale
- Negotiated
- Final maturity
- October 15, 2054
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $780,005,000 | $485,352,500 | $1,265,357,500 |
| 2025 | Period 1 | $787,110,000 | $501,103,750 | $1,288,213,750 |
| 2024 | Year end | $793,145,000 | $517,005,875 | $1,310,150,875 |
| 2024 | Period 1 | $799,855,000 | $533,075,750 | $1,332,930,750 |
| 2023 | Year end | $805,265,000 | $549,280,875 | $1,354,545,875 |
| 2023 | Period 1 | $811,710,000 | $565,647,125 | $1,377,357,125 |
| 2022 | Year end | $816,750,000 | $582,139,375 | $1,398,889,375 |
| 2022 | Period 1 | $822,745,000 | $598,781,500 | $1,421,526,500 |
| 2021 | Year end | $827,420,000 | $615,540,500 | $1,442,960,500 |
| 2021 | Period 1 | $832,385,000 | $632,423,625 | $1,464,808,625 |
| 2020 | Year end | $834,825,000 | $649,367,750 | $1,484,192,750 |
| 2020 | Period 1 | $835,825,000 | $666,808,240 | $1,502,633,240 |
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: $3,504,975, or $4.19 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 | $176,156.00 | $0.21 |
| Disclosure counsel | Bracewell LLP | One time | $36,557.00 | $0.04 |
| Financial advisor | Hilltop Securities Inc | One time | $249,969.00 | $0.30 |
| Other costs | Not reported | One time | $20,367.00 | $0.02 |
| Printing | Hilltop Securities Inc | One time | $7,299.00 | $0.01 |
| Printing | ImageMaster LLC | One time | $1,705.00 | $0.00 |
| Rating agency | Fitch | One time | $82,725.00 | $0.10 |
| Rating agency | S&P | One time | $137,518.00 | $0.16 |
| Underwriter's spread: expenses | Not reported | One time | $172,029.00 | $0.21 |
| Underwriter's spread: takedown | Not reported | One time | $2,501,243.00 | $2.99 |
| Trustee | Bank of New York Mellon Trust Co | One time | $51,407.00 | $0.06 |
| Underwriter's counsel (paid by the underwriter) | Orrick Herrington & Sutcliffe LLP | One time | $58,500.00 | $0.07 |
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.