What changed
Official annual totals, newest first · US Census Bureau · published once a year, after the fiscal year endsTexas government debt
US Census Bureau · official as of Jun 30, 2024 · projected at last year's pace between annual reportsState government debt
US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN (State and Local Government Finances by Level of Government: U.S. and States: 2017-2024), Debt - Total Debt Outstanding (LF0231) · official, Jun 30, 2024 · fixedLocal government debt
US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN (State and Local Government Finances by Level of Government: U.S. and States: 2017-2024), Debt - Total Debt Outstanding (LF0231) · official, Jun 30, 2024 · fixedBond Review Board: state government debt
Texas Bond Review Board, Annual Report 2025 (Dec 2025), Table 2.3 State of Texas Debt Outstanding · official, Aug 31, 2025 · fixedBond Review Board: local government debt in Texas
Texas Bond Review Board, 2025 Local Government Annual Report (Jan 2026), Tables 1.1 and 1.3 · official, Aug 31, 2025 · fixedPer Texan
Census Bureau, Vintage 2025 state population estimates (NST-EST2025) · Jul 1, 2025History
Fixed official figures · US Census Bureau · these do not tickDetails
Full official tablesState government debt: $70,050,561,000
Official, fiscal year-end Jun 30, 2024 · US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN (State and Local Government Finances by Level of Government: U.S. and States: 2017-2024), Debt - Total Debt Outstanding (LF0231) (Texas, Government type 'State', items LF0231 Total, LF0233 Long-term and LF0232 Short-term Debt Outstanding, survey year 2024; amounts published in $1,000)
| Part | Amount |
|---|---|
| Long-term debt outstanding (Census item LF0233) | $64,925,971,000 |
| Short-term debt outstanding (Census item LF0232) | $5,124,590,000 |
| Total | $70,050,561,000 |
All debt of the Texas state government as Census defines it: long-term and short-term debt of the state and its dependent agencies, whatever the source of repayment. Census uses the same definition for every state.
Local government debt: $319,276,233,000
Official, fiscal year-end Jun 30, 2024 · US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN (State and Local Government Finances by Level of Government: U.S. and States: 2017-2024), Debt - Total Debt Outstanding (LF0231) (Texas, Government type 'Local', items LF0231 Total, LF0233 Long-term and LF0232 Short-term Debt Outstanding, survey year 2024; amounts published in $1,000)
| Part | Amount |
|---|---|
| Long-term debt outstanding (Census item LF0233) | $311,533,240,000 |
| Short-term debt outstanding (Census item LF0232) | $7,742,993,000 |
| Total | $319,276,233,000 |
All debt of Texas's counties, cities, towns, school districts and special districts, on the same Census definition. Census estimates local totals from a sample of local governments in most years (2022 was a full count, the Census of Governments); coefficient of variation for 2024: 1.09%.
By year (official)
| Fiscal year-end | State debt | Local debt | Combined | Change |
|---|---|---|---|---|
| Jun 30, 2024 | $70,050,561,000 | $319,276,233,000 | $389,326,794,000 | +$31.14B |
| Jun 30, 2023 | $53,473,418,000 | $304,708,952,000 | $358,182,370,000 | +$21.95B |
| Jun 30, 2022 | $64,009,660,000 | $272,226,158,000 | $336,235,818,000 | +$10.82B |
| Jun 30, 2021 | $52,664,275,000 | $272,751,884,000 | $325,416,159,000 | +$1.05B |
| Jun 30, 2020 | $57,886,725,000 | $266,483,869,000 | $324,370,594,000 | +$16.03B |
| Jun 30, 2019 | $53,950,255,000 | $254,391,339,000 | $308,341,594,000 | +$12.59B |
| Jun 30, 2018 | $51,537,711,000 | $244,215,041,000 | $295,752,752,000 | +$2.65B |
| Jun 30, 2017 | $50,955,563,000 | $242,147,479,000 | $293,103,042,000 | — |
State's own report: state + local debt: $445,937,005,000
Official, fiscal year-end Aug 31, 2025 · Texas Bond Review Board, Annual Report 2025 (state) and 2025 Local Government Annual Report (State: Table 2.3; local: Tables 1.1 and 1.3)
| Part | Amount |
|---|---|
| Bond Review Board: state government debt | $77,051,105,000 |
| Bond Review Board: local government debt in Texas | $368,885,900,000 |
| Total | $445,937,005,000 |
State and local totals come from separate Bond Review Board reports and are added as published; the board does not publish one combined total.
Bond Review Board: state government debt: $77,051,105,000
Official, fiscal year-end Aug 31, 2025 · Texas Bond Review Board, Annual Report 2025 (Dec 2025), Table 2.3 State of Texas Debt Outstanding (Table 2.3, printed page 17 (PDF page 30))
| Part | Amount |
|---|---|
| General obligation (full faith and credit of the state) | $16,213,495,000 |
| of which repaid from general revenue (not self-supporting) | $5,884,180,000 |
| Non-general-obligation revenue debt (colleges, water, highways, housing, etc.) | $47,739,659,000 |
| of which repaid from general revenue (not self-supporting) | $792,390,000 |
| Conduit, component and related organizations (not a legal liability of the state) | $13,097,950,000 |
| Total | $77,051,105,000 |
All state debt the Bond Review Board tracks, including $13.10 billion of conduit, component and related-organization debt that is not a legal liability of the state (it is repaid by third parties).
Bond Review Board: local government debt in Texas: $368,885,900,000
Official, fiscal year-end Aug 31, 2025 · Texas Bond Review Board, 2025 Local Government Annual Report (Jan 2026), Tables 1.1 and 1.3 (Table 1.1, printed page 3 (PDF page 11); Table 1.3 for prior years)
| Part | Amount |
|---|---|
| By how it is repaid | |
| Tax-supported (general obligation, backed by property taxes) | $257,022,700,000 |
| Revenue debt (water, sewer, electric and other project revenue) | $111,863,300,000 |
| By type of government | |
| School districts | $148,382,100,000 |
| Cities, towns, villages | $113,373,900,000 |
| Water districts and authorities | $55,807,200,000 |
| Counties | $20,362,100,000 |
| Other special districts and authorities | $19,039,300,000 |
| Community and junior college districts | $6,498,200,000 |
| Health and hospital districts | $5,423,100,000 |
| Total | $368,885,900,000 |
Debt of school districts, cities, water districts, counties, community colleges, hospital districts and other special districts, as reported to the Bond Review Board. Excludes local conduit debt and debt that is not a public security (for example many private loans). FY2025 amounts do not include cash defeasances.
How it works
Official annual figures · projection labelled · sources linkedThe live number = latest official total + (last year's official change per second × seconds since that total). The Census Bureau publishes Texas's state + local debt once a year, not daily, so this is a projection between annual reports, not an official figure.
projected = 389,326,794,000 + 984.8849 × (seconds since Jun 30, 2024 11:59:59 PM CT)
The rate is each part's official change over its latest year, added up: state debt $70,050,561,000 − $53,473,418,000 = $16,577,143,000; local debt $319,276,233,000 − $304,708,952,000 = $14,567,281,000; combined $31,144,424,000 over 366 days = $984.88 per second. The actual path is lumpy (bonds are sold in batches and repaid on schedules), so the projection will drift; when new annual reports come out, the clock re-bases to the new official figures.
How often it's published. Annual. The Census Bureau's Annual Survey of State and Local Government Finances comes out about two years after the fiscal year (survey year 2024: July 2026; survey year 2023: July 2025). The next Census figures, for survey year 2025, are expected around mid-2027, based on the last two release dates. The state's own report (shown as a secondary line) updates sooner.
Per Texan divides by the Census Bureau's estimate of 31,709,821 residents on Jul 1, 2025. It is not projected forward, so the live per-Texan figure rises only with the debt.
Note. Census publishes Texas's state + local total as $389.33 billion for 2024 (coefficient of variation 0.89%) and $358.18 billion for 2023. State + local here is exactly Census's state figure plus its local figure.
Note. Census's figures are the newest official state + local totals that use one definition for all 50 states, but they lag about two years, so the live clock projects from June 30, 2024. The state's own report (Texas Bond Review Board, FY2025) is fresher and counted differently; it is shown separately and never added. For the same year the two agree closely: the board's FY2023 state + local total is $380.65 billion, against Census's $389.33 billion for survey year 2024, which holds Texas's FY2023.
Note. About the Bond Review Board figure: The local report's summary bullet says $368.30 billion ($256.64B tax-supported, $111.66B revenue), but its own Tables 1.1 and 1.3 and its Chapter 1 text say $368.89 billion ($257.02B and $111.86B). We use the table figure.
Note. About the Bond Review Board figure: State and local totals come from separate Bond Review Board reports and are added as published; the board does not publish a combined total for the same date.
Note. Not included: unfunded pension and retiree-health liabilities, and the state's share of the federal debt.
Note. Texas's state fiscal year ends August 31, so Census survey year 2024 holds the state's fiscal year ended Aug 31, 2023; local governments' years vary. Census survey year 2024 covers each government's fiscal year that ended between July 1, 2023 and June 30, 2024; the clock dates it June 30, 2024, the end of that window.
Note. Figures from source tables may not add exactly because of rounding in the source.
Sources: US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN (State and Local Government Finances by Level of Government: U.S. and States: 2017-2024), Debt - Total Debt Outstanding (LF0231) · Census Bureau, Vintage 2025 state population estimates (NST-EST2025) · Texas Bond Review Board, Annual Report 2025 (state) and 2025 Local Government Annual Report · Texas Bond Review Board, Annual Report 2025 (Dec 2025), Table 2.3 State of Texas Debt Outstanding · Texas Bond Review Board, 2025 Local Government Annual Report (Jan 2026), Tables 1.1 and 1.3 · US Census Bureau, 2024 State & Local Government Finance Datasets and Tables (release page) · US Census Bureau, 2024 Annual Survey of Local Government Finances methodology · Census data API download used for these figures (Texas) · Texas Bond Review Board, 2025 Local Government Annual Report (Jan 2026)
Page built Oct 26, 2026 7:50 PM CT from the official figures above.