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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, 2018, total outstanding bonds payable debt is $898,424,941 of which $106,288,550 is reimbursable by TXDOT. As of September 30, 2018, $76,260,835 has been reimbursed by 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 taxpayer’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. Since 2004, the total cost savings for refunding bonds is $77,166,956.

Cash Defeasance of Debt:
The County has legally defeased bonded debt. Since 2011, the County has defeased $39,885,000 in bonded debt. Total cost savings of $27,945,888 has been realized as a result of the reduction of future interest payments.

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 with $75 million remaining to issue.
  • 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. As of September 2018, several buildings have been built. These buildings include Round Rock Health District, Sheriff’s Office Training Facility, North Campus, Georgetown Annex, expansion of the Animal Shelter, and the Granger Simulcast Tower. Inner Loop Annex improvements and the Sheriff’s Gun Range improvements are under construction.