Texas Bond Review Board Local Government Annual Report: 2011 Page: 47
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Table 6.6
Texas Other Special Districts and Authorities
Debt Issued by Fiscal Year
($ in thousands)
FY 2007 FY 2008 FY 2009 FY 2010 FY 2011
Issuers 6 8 14 9 5
Issuances 7 15 29 17 14
Tax-Supported
New Money $ - $ 9,500 $ 25,245 $ 35,520 $ 18,555
Refunding 7,295 - 8,790 - 10,835
Subtotal $ 7,295 $ 9,500 $ 34,035 $ 35,520 $ 29,390
Revenue
New Money $ 39,180 $ 340,855 $ 945,475 $ 617,847 $ 1,467,168
Refunding - 4,188,634 1,540,333 486,517 432,225
Subtotal $ 39,180 $ 4,529,489 $ 2,485,808 $1,104,365 $1,899,393
Sales Tax
New Money $ 500 $ 410,430 $ 1,677,435 $ 88,705 $ 729,390
Refunding 770,270 340,985 - 20,890 99,995
Subtotal $770,770 $ 751,415 $ 1,677,435 $ 109,595 $ 829,385
Lease-Revenue Obligations
New Money $ - $ 62,255 $ 45,785 $ - $
Refunding ....
Subtotal $ - $ 62,255 $ 45,785 $ - $
Total New Money $ 39,680 $ 823,040 $ 2,693,940 $ 742,072 $ 2,215,113
Total Refunding 777,565 4,529,619 1,549,123 507,407 543,055
Total Debt Issued $ 817,245 $ 5,352,659 $ 4,243,063 $1,249,480 $ 2,758,168
Source: Texas Bond Review Board - Bond Finance Office
Build America Bonds
During fiscal years 2009-2011, five OSDs issued $2.90 billion in Direct Payment Build America
Bonds (BABs) for transportation related purposes (Table 6.7).
Table 6.7
Texas Other Special Districts and Authorities
Build America Bond Issuances
(amounts in thousands)
Amount
Dallas Area Rapid Transit $1,559,005
North Texas Tollway Authority 1,135,000
Central Texas Regional Mobility Authority 105,000
Metropolitan Transit Authority of Harris Co. 82,555
Cameron County Regional Mobility Authority 15,535
Total $ 2,897,095
Source: Texas Bond Review Board - Bond Finance Office
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Texas Bond Review Board. Texas Bond Review Board Local Government Annual Report: 2011, report, May 2012; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth303619/m1/59/?q=%222010-09-01%2F2011-08-31%22: accessed June 30, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting UNT Libraries Government Documents Department.