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), and RM 2338. TxDOT has reimbursed a total of $127,009,375.
  • 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. To date, we have received $6,459,490.

Refunding Bonds and Limited Tax Notes

  • In September 2022, the County redeemed and defeased $15.4 million of the 2015 Unlimited Tax Road Bonds and $8.9 million of the 2015 Certificate of Obligations. $25 million of debt service was deposited in an escrow account. This amount included $24.3 million in principal and the remainder in interest. The debt defeasance resulted in savings of $12.3 million in interest payments over the next 15 years. Since 2004, Williamson County has defeased a par value of $147.2 million for a total savings of $83.4 million
  • 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 Williamson County taxpayer’s money. Over the course of the bond program since 2004, refinancing debt has saved more than 103.4 million.

Bond Election

  • On November 5, 2019, Williamson County voters approved $412 million in road bonds an $35 million in park bonds.
        - On February 19, 2020, $300 million of the 2019 road bonds and $35 million of the park bonds were issued.
        - On July 20, 2022, $104,715,000 of the remainder of the 2019 road bond were issued.
        - Both the road and park bond authorizations have been issued in full.

Important Documents

Important Links