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Debt Information

Pass-Through Debt:

  • In 2006, TxDOT and Williamson County signed an agreement for the County to build US 183A, US 79 (3 Sections), IH-35 Turnaround Bridges (Georgetown), RM 2338 and FM 1660. TxDOT will reimburse a maximum of $151,942,000.00.
  • In 2011, Williamson County signed a second Pass Through Agreement with TxDOT for the construction of northbound frontage roads and ramps on IH-35 in Georgetown. TxDOT will reimburse a maximum of $12,096,700.00 on constructions costs.
  • As of September 30, 2017, total outstanding bonds payable debt is $893,869,942 of which $66,549,472 is reimbursable by TXDOT. As of September 30, 2017, $62,052,178 has been reimbursed from TXDOT.

Refunding Bonds:
Refunding bonds are issued to pay off outstanding debt to take advantage of lower interest rates. Refundings are only issued if the benefit is to save the Williamson County tax payer’s money. One refunding was issued in fiscal year 2017. In July 2017, Williamson County issued a refunding bond in the amount of $43,230,000 with a significant cost savings of $4,461,960 over the next 15 years.

Bond Election:

  • On Tuesday, November 5, 2013, Williamson County voters approved $275 million in road bonds and $40 million in park bonds.
  • In April 2014, $100 million of authorized Road Bonds and $20 million of authorized Park Bonds were issued.
  • In May 2015, $100 million of authorized Road Bonds were issued.
  • In June 2016, issued the remaining $20 million authorized park bonds.
  • In December 2017, the remaining authorized road bonds were issued in the amount of $75 million.

2015 Certificates of Obligations:

  • In May 2015, Williamson County issued $59,645,000 to construct buildings for an expanding workforce to meet the demands of a growing population. These buildings include the expansion of the North Campus improvements for Sheriff’s Office, EMS and HazMat located on SE Inner Loop and the Sheriff’s Office Training Facility located North of Hutto.