Reporting

The $2 billion investment in the SWIFT is protected by the Texas Treasury Safe Keeping Trust Company (Texas Trust), a special entity created by the legislature to manage, invest and safeguard state funds. Funds in the SWIFT are leveraged through investments by the Texas Trust along with the issuance of revenue bonds through the State Water Implementation Revenue Fund for Texas (SWIRFT). The proceeds from SWIRFT revenue bond sales are used to fund state water plan projects through financial assistance to political subdivisions of the state. Money from SWIFT is transferred to SWIRFT through a legal mechanism called a bond enhancement agreement. Transferred funds from the SWIFT, combined with borrowers' loan repayments, are utilized to repay the TWDB revenue bond debt issued through the SWIRFT.

A copy of the SWIFT investment policy and annual report can be found on the Texas Trust website.

Cumulative SWIFT Loan Status

Status of loan repayments and assessment of risk of default; Funds to support projects for rural political subdivisions, agricultural water conservation, agricultural irrigation projects, water conservation, and reuse.

View Cumulative Loan Status

Annual Bond Transaction Summaries

Amount of revenue bonds issued, terms of bonds, and terms of bond enhancement agreement.

Financial Assistance Applications Received

Full Applications
Applicant Region Year
Cities of Buda, Kyle and San Marcos and the Canyon Regional Water Authority 2017
City of Azle 2017
City of Bastrop 2017
Brushy Creek Regional Utility Authority, Inc. 2017
Central Harris County Regional Water Authority Transmission and Distribution Expansion 2017
City of Corpus Christi 2017
City of Justin 2017
North Harris County Regional Water Authority 2017
North Texas Municipal Water District #1 2017
North Texas Municipal Water District #2 2017
North Texas Municipal Water District #3 2017
North Texas Municipal Water District #4 2017
North Texas Municipal Water District #5 2017
City of Springtown 2017
West Harris County Regional Water Authority 2017
City of Beeville N 2016
City of Bryan G 2016
Central Harris County Regional Water Authority 51021 H 2016
Central Harris County Regional Water Authority 51043 H 2016
City of Austin 51041 (part 1) K 2016
City of Austin 51041 (part 2) K 2016
City of Austin 51042 K 2016
El Paso Water Utilities 51012 (part 1) E 2016
El Paso Water Utilities 51012 (part 2) E 2016
City of Keller C 2016
North Harris County Regional Water Authority 51004 H 2016
North Harris County Regional Water Authority 51021 H 2016
Sabine River Authority I 2016
Schertz-Seguin Local Government Corporation L 2016
Trophy Club Municipal Utility District #1 C 2016
United Irrigation District M 2016
City of Waco G 2016
Brazosport Water Authority H 2015
Canyon Regional Water Authority L 2015
Central Harris County Regional Water Authority H 2015
City of Bedford C 2015
City of Fort Worth C 2015
City of Houston H 2015
City of Marfa E 2015
Coastal Water Authority H 2015
El Paso Water Utilities E 2015
Greater Texoma Utility Authority, City of Tom Bean C 2015
Guadalupe Blanco River Authority L 2015
Hays Caldwell Public Utility Agency L 2015
Hidalgo County Irrigation District #1 M 2015
Lone Star Regional Water Authority G 2015
North Fort Bend Water Authority H 2015
North Harris County Regional Water Authority H 2015
North Texas Municipal Water District (commitment withdrawn) C 2015
Palo Pinto County Municipal Water District #1 G 2015
Tarrant Regional Water District C 2015
Upper Trinity Regional Water District C 2015
West Harris County Regional Water Authority H 2015
Abridged Applications
Applicant Region Year
Bedford C 2015
Canyon Regional Water Authority L 2015
Cleveland H 2015
Coastal Water Authority H 2015
Dallas Water Utilities C 2015
El Paso B 2015
Greater Texoma Utility Authority – City of Krum C 2015
Greater Texoma Utility Authority – City of Sherman C 2015
Greater Texoma Utility Authority – City of Tom Bean C 2015
Greater Texoma Utility Authority – City of Whitewright C 2015
Houston Co WCID No. 1 I 2015
Houston Distribution Expansion H 2015
Houston Plant Expansion H 2015
Lone Star G 2015
Marfa E 2015
North Fort Bend Water Authority H 2015
North Texas Municipal Water District - Facility Improvements C 2015
North Texas Municipal Water District - Lower Bois d'Arc C 2015
Palo Pinto Municipal Utility District G 2015
Rhome C 2015
Tarrant Regional Water District C 2015
Upper Trinity Regional Water District C 2015
Brushy Creek Regional Utility Authority G 2017
Central Harris County Regional Water Authority H 2017
City of Azle C 2017
City of Bastrop K 2017
City of Bertram K 2017
City of Booker A 2017
City of Corpus Christi N 2017
City of Junction 12208 F 2017
City of Junction 12209 F 2017
City of Junction 12210 F 2017
City of Junction 12211 F 2017
City of Justin C 2017
City of Springtown C 2017
City of Waco G 2017
Creedmoor-Maha Water Supply Corporation K 2017
Guadalupe-Blanco River Authority L 2017
Hays Caldwell Public Utility Agency L 2017
North Harris County Regional Water Authority H 2017
North Texas Municipal Water District 12203 C 2017
North Texas Municipal Water District 12218 C 2017
Port of Corpus Christi Authority 12205 N 2017
Port of Corpus Christi Authority 12207 N 2017
West Harris County Regional Water Authority H 2017
Town of Anthony E 2016
City of Austin 51041 K 2016
City of Austin 51042 K 2016
City of Beeville N 2016
City of Bryan G 2016
Central Harris County Regional Water Authority 51021 H 2016
Central Harris County Regional Water Authority 51043 H 2016
Central Texas Regional Water Supply Corporation L 2016
City of Cleburne G 2016
City of Cleveland H 2016
Creedmoor-Maha Water Supply Corporation K 2016
El Paso Water Utilities E 2016
Falls, Hill, Limestone, & McLennan Regional Water Supply Corporation G 2016
Gastonia-Scurry Special Utility District C 2016
City of Groveton H 2016
Harris County Municipal Utility District #50 1 H 2016
Harris County Municipal Utility District #50 2 H 2016
Houston County Water Control and Improvement District #1 H 2016
City of Keller C 2016
Loop 360 Water Supply Corporation 1 K 2016
Loop 360 Water Supply Corporation 2 K 2016
Loop 360 Water Supply Corporation 3 K 2016
Loop 360 Water Supply Corporation 4 K 2016
Lower Valley Water District E 2016
Midland County Fresh Water Supply District #1 F 2016
Midland County Utility District F 2016
North Harris County Regional Water District 51004 H 2016
North Harris County Regional Water District 51021 H 2016
North Texas Municipal Water District C 2016
City of Pearland H 2016
Sabine River Authority I 2016
City of San Angelo E 2016
San Antonio Water System L 2016
Schertz-Seguin Local Government Corporation L 2016
City of Seabrook H 2016
Trophy Club Municipal Water District #1 C 2016
United Irrigation District M 2016
Upper Guadalupe River Authority J 2016
City of Waco G 2016
City of Yoakum P 2016

Administrative and Operating Expenses

Administrative and operating expenses incurred in developing the state water plan and providing financial assistance for projects included in the plan:

  • 2015: $650,566.82 and 9.15 full-time equivalent (FTE) employees
  • 2016: $1,010,026.40 and 14.96 FTEs
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