Investor Relations

TxDOT's debt programs are an important source of funds that support providing safe and reliable transportation solutions for the citizens of Texas. The Investor Relations webpage is designed to promote transparency and provide useful information to investors and analysts.

TxDOT's Project Finance, Debt and Strategic Contracts Division is responsible for managing the department's debt and financing programs effectively and efficiently to minimize borrowing costs that are supported by taxpayers.

The issuance of debt is performed in a manner that serves the public interest, complies with state and federal tax and securities laws, is within the guidelines of adopted TxDOT policies, and ensures that timely repayment of debt service can be accomplished in a fiscally appropriate manner.

Hurricane Harvey Update

Due to the emergency situation caused by Hurricane Harvey and the resulting flooding, tolls were suspended on the SH 130 (Segments 1-4) and SH 45 Southeast elements of the Central Texas Turnpike System as of 12:25 a.m. Monday, Aug. 28, 2017, in order to facilitate evacuation efforts. Tolling was resumed at 10:52 p.m. Wednesday, Aug. 30, 2017.

Note: The information provided speaks only as of the date of such information.

TxDOT Primary Bond Programs

Name Fitch Moody's S&P
Highway Improvement General Obligation (HIGO) Bonds AAA Aaa AAA
State Highway Fund Revenue Bonds Not rated Aaa AAA
Texas Mobility Fund Bonds AAA Aaa AAA

TxDOT Toll Revenue Bonds

Name Fitch Moody's S&P
Central Texas Turnpike System Bonds A- A3 A-

Related Programs

TxDOT has entered into a Toll Equity Loan Agreement (TELA) with the North Texas Toll Authority (NTTA) and the Grand Parkway Transportation Corporation (GPTC) for the projects listed below.