|Total outstanding debt obligations FY 2019||$51,985,308|
|Total revenue supported debt obligations||$43,657,927|
|Lease revenue obligations||$2,898,417|
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.