2025 annual report · Table 2.2
Table 2.2 — Texas Local Government — Tax-Supported Debt Issuance by Fiscal Year
As of .
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Excludes commercial paper and conduit debt. BRB has not yet approved these report definitions.
Texas Local Government — Tax-Supported Debt Issuance by Fiscal Year ($ millions; counts)
| Type of issuer / | 2021, counts; $ millions | 2022, counts; $ millions | 2023, counts; $ millions | 2024, counts; $ millions | 2025, counts; $ millions |
|---|---|---|---|---|---|
| Total issuers | 1,173 | 943 | 870 | 822 | 1,006 |
| Total issuances | 1,667 | 1,321 | 1,157 | 1,057 | 1,357 |
| Public School Districts | |||||
| Public School Districts — New Money | $8,976.4 | $12,259.5 | $21,720.1 | $15,563.7 | $24,241.5 |
| Public School Districts — Refunding | $8,817.9 | $3,513.7 | $1,163.4 | $1,980.9 | $5,932.4 |
| Public School Districts — Total Par Issued | $17,794.2 | $15,773.1 | $22,883.5 | $17,544.6 | $30,173.9 |
| Cities, Towns, Villages | |||||
| Cities, Towns, Villages — New Money | $4,956.5 | $5,367.2 | $6,414.9 | $6,235.3 | $7,464.1 |
| Cities, Towns, Villages — Refunding | $2,242.2 | $1,353.2 | $622.3 | $1,676.1 | $1,065.7 |
| Cities, Towns, Villages — Total Par Issued | $7,198.8 | $6,720.4 | $7,037.2 | $7,911.4 | $8,529.8 |
| Water Districts and Authorities | |||||
| Water Districts and Authorities — New Money | $2,207.7 | $3,153.7 | $3,706.4 | $3,819.3 | $3,983.2 |
| Water Districts and Authorities — Refunding | $1,622.0 | $340.4 | $443.5 | $10.9 | $170.3 |
| Water Districts and Authorities — Total Par Issued | $3,829.7 | $3,494.0 | $4,149.9 | $3,830.2 | $4,153.6 |
| Other Special Districts and Authorities | |||||
| Other Special Districts and Authorities — New Money | $21.8 | $16.7 | $12.8 | $37.2 | $15.2 |
| Other Special Districts and Authorities — Refunding | $5.1 | $0.0 | $0.0 | $0.0 | $0.0 |
| Other Special Districts and Authorities — Total Par Issued | $26.9 | $16.7 | $12.8 | $37.2 | $15.2 |
| Counties | |||||
| Counties — New Money | $903.8 | $1,167.0 | $1,419.8 | $2,434.4 | $2,021.2 |
| Counties — Refunding | $795.5 | $1,250.6 | $240.3 | $349.1 | $658.8 |
| Counties — Total Par Issued | $1,699.4 | $2,417.5 | $1,660.1 | $2,783.5 | $2,680.0 |
| Community and Junior College Districts | |||||
| Community and Junior College Districts — New Money | $648.9 | $503.0 | $821.2 | $17.9 | $469.4 |
| Community and Junior College Districts — Refunding | $644.8 | $92.9 | $53.8 | $14.9 | $147.6 |
| Community and Junior College Districts — Total Par Issued | $1,293.7 | $595.9 | $875.0 | $32.8 | $617.0 |
| Health/Hospital Districts and Authorities | |||||
| Health/Hospital Districts and Authorities — New Money | $38.2 | $76.4 | $1,018.5 | $26.6 | $1,076.3 |
| Health/Hospital Districts and Authorities — Refunding | $56.1 | $120.2 | $0.0 | $187.1 | $0.0 |
| Health/Hospital Districts and Authorities — Total Par Issued | $94.3 | $196.6 | $1,018.5 | $213.7 | $1,076.3 |
| Total New Money | $17,753.4 | $22,543.4 | $35,113.7 | $28,134.4 | $39,271.0 |
| Total Refunding | $14,183.6 | $6,670.9 | $2,523.3 | $4,219.1 | $7,974.7 |
| Total Par | $31,937.0 | $29,214.3 | $37,636.9 | $32,353.5 | $47,245.7 |
Source: Texas Bond Review Board - Bond Finance Office.
Local Issuance Fee By YearSource updated: 10/6/2026. Loaded 10/8/2026, 12:57 PM Central Time.
Data dictionary: local issues and their columns
Ties
These totals tie to the printed report at its stated rounding.
| Fiscal year / measure | Computed (counts; dollars) | Printed (counts; $ millions) | Difference (counts; dollars) | Result |
|---|---|---|---|---|
| 2021 — Issuers | 1,173 | 1,173 | 0 | Ties |
| 2021 — Issuances | 1,667 | 1,667 | 0 | Ties |
| 2021 — Total New Money | $17,753,394,702.51 | $17,753.4 | -$5,297.49 | Ties |
| 2021 — Total Refunding | $14,183,604,405.54 | $14,183.6 | $4,405.54 | Ties |
| 2021 — Total Par | $31,936,999,108.05 | $31,937.0 | -$891.95 | Ties |
| 2022 — Issuers | 943 | 943 | 0 | Ties |
| 2022 — Issuances | 1,321 | 1,321 | 0 | Ties |
| 2022 — Total New Money | $22,543,438,656 | $22,543.4 | $38,656 | Ties |
| 2022 — Total Refunding | $6,670,887,774.62 | $6,670.9 | -$12,225.38 | Ties |
| 2022 — Total Par | $29,214,326,430.62 | $29,214.3 | $26,430.62 | Ties |
| 2023 — Issuers | 870 | 870 | 0 | Ties |
| 2023 — Issuances | 1,157 | 1,157 | 0 | Ties |
| 2023 — Total New Money | $35,113,680,522.97 | $35,113.7 | -$19,477.03 | Ties |
| 2023 — Total Refunding | $2,523,261,363.73 | $2,523.3 | -$38,636.27 | Ties |
| 2023 — Total Par | $37,636,941,886.70 | $37,636.9 | $41,886.70 | Ties |
| 2024 — Issuers | 822 | 822 | 0 | Ties |
| 2024 — Issuances | 1,057 | 1,057 | 0 | Ties |
| 2024 — Total New Money | $28,134,422,260 | $28,134.4 | $22,260 | Ties |
| 2024 — Total Refunding | $4,219,060,000 | $4,219.1 | -$40,000 | Ties |
| 2024 — Total Par | $32,353,482,260 | $32,353.5 | -$17,740 | Ties |
| 2025 — Issuers | 1,006 | 1,006 | 0 | Ties |
| 2025 — Issuances | 1,357 | 1,357 | 0 | Ties |
| 2025 — Total New Money | $39,271,000,987.39 | $39,271.0 | $987.39 | Ties |
| 2025 — Total Refunding | $7,974,736,344.26 | $7,974.7 | $36,344.26 | Ties |
| 2025 — Total Par | $47,245,737,331.65 | $47,245.7 | $37,331.65 | Ties |
How this comparison works
Every difference is computed minus printed. The comparison uses the printed report’s stated precision.