San Antonio River at sunset

Debt Obligations

Debt Obligations  
Total outstanding debt obligations FY 2018 $48,271,000
Total revenue supported debt obligations $32,585,000
Total other debt obligations $15,686,000

The San Antonio River Authority’s outstanding debt is comprised of debt issued for capital improvement projects including flood control structures and wastewater treatment plant and collection system improvements, as well as a facility for parks maintenance operations and staff. During fiscal year 2016, excess revenue debt was issued to fund the purchase and renovation of the Urban Reach Operations Center which houses the staff that manages the Museum Reach San Antonio River Improvements. These excess revenue bonds are not backed by ad valorem taxes. In fiscal year 2018, the River Authority refunded an outstanding bond series and also issued a new bonds for the construction of system improvements

In addition, the San Antonio River Authority Public Facilities Corporation issued debt for the construction of a maintenance facility for the Watershed and Parks Operation staff. The River Authority has also issued debt on behalf of partner agencies to fund improvements to their wastewater and reuse systems that benefit the San Antonio watershed.

Although the River Authority has no legal debt limits, its enabling statute prohibits the River Authority from pledging any ad valorem tax revenue to a debt issuance. The outstanding debt for the River Authority is currently paid from Bexar County flood control property tax revenues through a contract the county; wastewater systems revenues generated from user fees; and other outside agencies through contracts with entities such as the Alamo Community College District and the Universal City.
 

HB 1378 Debt Obligation Reporting under Local Government Code Section 140.008

The 84th Legislature passed HB 1378 to increase the transparency of local government debt. Under Local Government Code § 140.008 political subdivisions, including counties, cities, school districts, junior college districts, special purpose districts, and other subdivisions of state government must annually compile their debt obligation data from the preceding fiscal year.

Total Outstanding Debt Fiscal Years 2012-18
Debt Schedule
Debt Service
Bond Election Pledge

2020

Fiscal Policies

The primary purpose of the River Authority’s financial management policies are to provide guidelines for staff to use in making financial decisions that ensure the safeguarding of tangible and intangible assets while achieving the River Authority’s mission in an efficient manner.

Fund Balance Policy
Notes Receivable Policy
Fixed Assets
Obligation  and Disbursement of Funds
Grants Management
Investment Policy and Strategy and Broker/Dealer List

Downloadable Data

Outstanding debt for last five years and principal amount of each debt obligation.

Total Outstanding Debt Fiscal Years 2012-18

Contact Us

Finance
100 E. Guenther St.
San Antonio, TX 78204
Phone: (210) 227-1373
Fax: (210) 302-3689