Debt Transparency
The Debt Obligations Transparency page contains information required by the Texas Comptroller of Public Accounts to qualify for the comptroller’s Transparency Stars program. This information will provide a broader understanding of the HCRMA’s finances.
Debt Information Summary
The 84 th Legislature passed HB 1378 to increase the transparency of local government debt. Under Local Government Code Sec. 140.008, political subdivisions, including counties, cities, school districts, junior college districts, special purpose districts, and other subdivisions of state government must annually compile their debt obligation data from preceding year.
The Authority is committed in providing reliable, timely and transparent information about its outstanding debt to the citizens of the county. Presently, the Authority has five outstanding revenue bonds: senior lien revenue and refunding bond series 2013, bond series 2020, issued during 2020. The bond series 2020 consisted of two bonds: a tax-exempt series 2020A and a taxable series 2020B. The taxable series was a partial advance refunding of the series 2013 bond, which resulted in $6,540,415 in present value savings. During the year, the Authority issued two additional bonds series 2022A and series 2022B. The purpose of the 2022A series was to begin construction of phase 1 and phase 2 of the 365 Toll Road. The 2022B series was to fully repay the Junior Lien Bond Series2016A and provide additional funding for the 365 Toll Road.
This summary provides a total overview of its outstanding revenue debt obligation at the end of December 31, 2022:
Visualizations
Historical Trends
Five Year Inflation Adjusted Revenue-Supported Debt Per Capita
Debt-Related Information
✔ Local Annual Debt Report – Created in compliance with Local Government Code §140.008.
2022 | 2021 | 2020 | 2019
✔ Debt Data in Adopted Budgets
2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013
✔ Downloadable Data
2022 | 2021 | 2020 | 2019
Other Information
✔ Texas Comptroller of Public Accounts Debt at a Glance
✔ Bond Review Board Local Government Debt Data