State Water Implementation Revenue Fund for Texas Revenue Bonds, Series 2017A (Master Trust)
$867,275,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- October 12, 2017
- Fiscal year issued
- 2018
- Par amount
- $1,046,970,000
- New money / refunding
- $1,046,970,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Program
- TWDB SWIRFT Bonds
- Sale
- Negotiated
- Final maturity
- October 15, 2052
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $867,275,000 | $505,694,859 | $1,372,969,859 |
| 2025 | Period 1 | $895,125,000 | $525,428,300 | $1,420,553,300 |
| 2024 | Year end | $895,125,000 | $545,161,741 | $1,440,286,741 |
| 2024 | Period 1 | $921,225,000 | $565,547,681 | $1,486,772,681 |
| 2023 | Year end | $921,225,000 | $585,933,622 | $1,507,158,622 |
| 2023 | Period 1 | $945,785,000 | $606,933,563 | $1,552,718,563 |
| 2022 | Year end | $945,785,000 | $627,933,503 | $1,573,718,503 |
| 2022 | Period 1 | $967,435,000 | $649,474,694 | $1,616,909,694 |
| 2021 | Year end | $967,435,000 | $671,015,884 | $1,638,450,884 |
| 2021 | Period 1 | $988,005,000 | $693,071,325 | $1,681,076,325 |
| 2020 | Year end | $988,005,000 | $715,126,766 | $1,703,131,766 |
| 2020 | Period 1 | $1,006,970,000 | $737,621,331 | $1,744,591,331 |
| 2019 | Year end | $1,006,970,000 | $760,115,897 | $1,767,085,897 |
| 2019 | Period 1 | $1,026,970,000 | $783,110,463 | $1,810,080,463 |
| 2018 | Year end | $1,026,970,000 | $806,105,028 | $1,833,075,028 |
| 2018 | Period 1 | $1,046,970,000 | $829,991,170 | $1,876,961,170 |
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: $4,199,640, or $4.01 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 | $153,216.00 | $0.15 |
| Disclosure counsel | Bracewell LLP | One time | $34,375.00 | $0.03 |
| Financial advisor | Hilltop Securities Inc | One time | $262,514.00 | $0.25 |
| Printing | Hilltop Securities Inc | One time | $7,366.00 | $0.01 |
| Printing | ImageMaster LLC | One time | $1,479.00 | $0.00 |
| Rating agency | Fitch | One time | $93,304.00 | $0.09 |
| Rating agency | S&P | One time | $153,952.00 | $0.15 |
| Underwriter's spread: expenses | Not reported | One time | $206,138.00 | $0.20 |
| Underwriter's spread: takedown | Not reported | One time | $3,129,284.00 | $2.99 |
| Travel | Not reported | One time | $18,108.00 | $0.02 |
| Trustee | Bank of New York Mellon Trust Co | One time | $66,564.00 | $0.06 |
| Trustee counsel | Bank of New York Mellon Trust Co | One time | Not reported | |
| Underwriter's counsel (paid by the underwriter) | Andrews Kurth Kenyon LLP | One time | $63,840.00 | $0.06 |
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.