2025 annual report · Table 3.2
Table 3.2 — Texas Local Government — Revenue 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 — Revenue 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 | 162 | 140 | 120 | 131 | 151 |
| Total issuances | 298 | 259 | 202 | 198 | 255 |
| Public School Districts | |||||
| Public School Districts — New Money | $11.2 | $0.0 | $0.0 | $0.0 | $0.0 |
| Public School Districts — Refunding | $0.0 | $0.0 | $0.0 | $0.0 | $0.0 |
| Public School Districts — Total Par Issued | $11.2 | $0.0 | $0.0 | $0.0 | $0.0 |
| Cities, Towns, Villages | |||||
| Cities, Towns, Villages — New Money | $2,529.2 | $3,750.1 | $3,541.6 | $2,762.1 | $5,426.2 |
| Cities, Towns, Villages — Refunding | $3,950.1 | $4,578.2 | $2,508.0 | $3,460.8 | $3,294.8 |
| Cities, Towns, Villages — Total Par Issued | $6,479.3 | $8,328.3 | $6,049.7 | $6,222.9 | $8,721.0 |
| Water Districts and Authorities | |||||
| Water Districts and Authorities — New Money | $1,387.2 | $2,024.4 | $2,098.1 | $2,463.2 | $2,383.1 |
| Water Districts and Authorities — Refunding | $1,340.3 | $790.9 | $214.6 | $686.4 | $1,092.5 |
| Water Districts and Authorities — Total Par Issued | $2,727.5 | $2,815.3 | $2,312.7 | $3,149.5 | $3,475.7 |
| Other Special Districts and Authorities | |||||
| Other Special Districts and Authorities — New Money | $1,032.9 | $726.8 | $57.5 | $199.1 | $300.0 |
| Other Special Districts and Authorities — Refunding | $3,949.5 | $1,382.4 | $689.2 | $610.5 | $1,557.5 |
| Other Special Districts and Authorities — Total Par Issued | $4,982.4 | $2,109.2 | $746.6 | $809.6 | $1,857.5 |
| Counties | |||||
| Counties — New Money | $434.3 | $6.1 | $44.5 | $785.6 | $291.9 |
| Counties — Refunding | $34.0 | $389.1 | $119.5 | $171.9 | $0.0 |
| Counties — Total Par Issued | $468.2 | $395.1 | $164.0 | $957.5 | $291.9 |
| Community and Junior College Districts | |||||
| Community and Junior College Districts — New Money | $80.3 | $45.7 | $0.0 | $4.0 | $230.7 |
| Community and Junior College Districts — Refunding | $153.7 | $18.4 | $0.0 | $17.2 | $4.3 |
| Community and Junior College Districts — Total Par Issued | $233.9 | $64.1 | $0.0 | $21.2 | $234.9 |
| Health/Hospital Districts and Authorities | |||||
| Health/Hospital Districts and Authorities — New Money | $40.9 | $43.6 | $113.0 | $142.8 | $51.5 |
| Health/Hospital Districts and Authorities — Refunding | $22.2 | $126.7 | $0.0 | $33.8 | $54.8 |
| Health/Hospital Districts and Authorities — Total Par Issued | $63.1 | $170.3 | $113.0 | $176.6 | $106.3 |
| Total New Money | $5,515.9 | $6,596.6 | $5,854.7 | $6,356.8 | $8,683.4 |
| Total Refunding | $9,449.8 | $7,285.7 | $3,531.3 | $4,980.6 | $6,003.9 |
| Total Par | $14,965.7 | $13,882.3 | $9,386.0 | $11,337.4 | $14,687.4 |
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 | 162 | 162 | 0 | Ties |
| 2021 — Issuances | 298 | 298 | 0 | Ties |
| 2021 — Total New Money | $5,515,893,938.40 | $5,515.9 | -$6,061.60 | Ties |
| 2021 — Total Refunding | $9,449,825,285 | $9,449.8 | $25,285 | Ties |
| 2021 — Total Par | $14,965,719,223.40 | $14,965.7 | $19,223.40 | Ties |
| 2022 — Issuers | 140 | 140 | 0 | Ties |
| 2022 — Issuances | 259 | 259 | 0 | Ties |
| 2022 — Total New Money | $6,596,600,718.33 | $6,596.6 | $718.33 | Ties |
| 2022 — Total Refunding | $7,285,656,394.37 | $7,285.7 | -$43,605.63 | Ties |
| 2022 — Total Par | $13,882,257,112.70 | $13,882.3 | -$42,887.30 | Ties |
| 2023 — Issuers | 120 | 120 | 0 | Ties |
| 2023 — Issuances | 202 | 202 | 0 | Ties |
| 2023 — Total New Money | $5,854,694,683 | $5,854.7 | -$5,317 | Ties |
| 2023 — Total Refunding | $3,531,306,000 | $3,531.3 | $6,000 | Ties |
| 2023 — Total Par | $9,386,000,683 | $9,386.0 | $683 | Ties |
| 2024 — Issuers | 131 | 131 | 0 | Ties |
| 2024 — Issuances | 198 | 198 | 0 | Ties |
| 2024 — Total New Money | $6,356,800,403.96 | $6,356.8 | $403.96 | Ties |
| 2024 — Total Refunding | $4,980,591,764.16 | $4,980.6 | -$8,235.84 | Ties |
| 2024 — Total Par | $11,337,392,168.12 | $11,337.4 | -$7,831.88 | Ties |
| 2025 — Issuers | 151 | 151 | 0 | Ties |
| 2025 — Issuances | 255 | 255 | 0 | Ties |
| 2025 — Total New Money | $8,683,406,671.82 | $8,683.4 | $6,671.82 | Ties |
| 2025 — Total Refunding | $6,003,944,328.18 | $6,003.9 | $44,328.18 | Ties |
| 2025 — Total Par | $14,687,351,000 | $14,687.4 | -$49,000 | Ties |
How this comparison works
Every difference is computed minus printed. The comparison uses the printed report’s stated precision.