Texas Comptroller’s Annual Local Debt Report	
Table of Contents	
1 - Contact Information	
2 - Individual Debt Obligations	
3 - Summary of Debt Obligations	
4 - Additional Notes	
5 - Optional Reporting	
6 - Instructions and Glossary	

Texas Comptroller’s Annual Local Debt Report
Fill in the cells in column B that correspond with the requested information. (*) indicates required information.
Entity Information		
Political Subdivision Name*:	Houston Community College	
Political Subdivision Type*:	CCD	
If "other", please specify		
Reporting Fiscal Year*:	2021	
Fiscal Year Start (MM/DD/YYYY)*:	9/1/2020	
Fiscal Year End (auto):	8/31/2021	
Political Subdivision Website, if applicable:	hccs.edu	
Political Subdivision Telephone*:	713-718-2000	
Political Subdivision Email, if applicable:		
Does the Political Subdivision have any reportable debt?*	Yes	

Contact Information		
Contact Name*:	Diana M Fonseca	
Contact Title*:	Manager, Cash, Investments & Debt	
Contact Phone*:	713-718-5573	
Contact Email:	diana.fonseca@hccs.edu	
Physical Address, Line 1*:	3100 Main Street	
Physical Address, Line 2:		
City*:	Houston	
Zip*:	77002	
County*:	Harris	
Is the entity's physical and mailing address the same?*	Yes	
Mailing Address, Line 1:		
Mailing Address, Line 2:		
Mailing City:		
Mailing Zip:		
Mailing County:		
End of Worksheet

Texas Comptroller’s Annual Local Debt Report
Entity Information (Auto)		
Political Subdivision Name:	Houston Community College	
Reporting Fiscal Year:	2021	

Directions: Beginning with the row immediately below the column headings, list each of the political subdivision's individual debt obligations along with the information for each obligation. Every column except B, Q, R and S is required for each debt obligation and must be provided for this report to be considered complete. All information entered should reflect the last day of the political subdivision's fiscal year identified on this form. If the political subdivision has no debt to report for the fiscal year, enter "No Reportable Debt" in the first cell below the column title in column A.
Individual Debt Obligations (click column titles for more information)	

Outstanding debt obligation*	
If debt is conduit or component debt, enter related entity name:	

Principal issued*	

Principal outstanding*	Combined principal and interest required to pay each outstanding debt obligation on time and in full*	
Final maturity date* (MM/DD/YYYY)	
Is the debt secured in any way by ad valorem taxes?*	
Total proceeds received*	

Proceeds spent*	
Proceeds unspent*	
Official stated purpose for which the debt obligation was authorized*	Is the debt obligation rated by any nationally recognized credit rating organization?*	

Moody's	

S&P	
Junior Lien Student Fee Revenue Refunding Bonds, Series 2011	N/A	$	33,940,000	$	9,460,000	$	89,974,922	4/15/2030	No	$	37,511,794	$	37,511,794	$	-	(I)	Yes	Aa3	A+	
Limited Tax Refunding Bonds, Series 2011	N/A	$	109,490,000	$	-	$	162,240,169	2/15/2028	Yes	$        126,257,575	$        126,257,575	$	-	Refund existing bonds	Yes	Aa1	AA+	
Maintenance Tax Notes, Series 2011	N/A	$	41,560,000	$	-	$	29,600,000	2/15/2031	Yes	$	43,360,441	$	42,354,491	$	1,005,950	Maintenance & repair facilities	Yes	Aa1	AA+	
Maintenance Tax Notes, Series 2011A	N/A	$	19,590,000	$	-	$	30,877,949	2/15/2031	Yes	$	22,057,247	$	19,863,436	$	2,193,811	Maintenance & repair facilities	Yes	Aa1	AA+	
Limited Tax Bonds, Series 2013	N/A	$	398,775,000	$	10,740,000	$	788,873,287	2/15/2043	Yes	$        454,167,571	$        450,909,441	$	3,258,130	Construction & equip buildings	Yes	Aa1	AA+	
Combined Fee Revenue Refunding Bonds, Series 2014A	N/A	$	9,210,000	$	4,295,000	$	11,334,395	4/15/2026	No	$	9,583,489	$	9,583,489	$	-	Refund existing bonds	Yes	Aa2	AA−	
Combined Fee Revenue Refunding Bonds, Series 2014B	N/A	$	30,900,000	$	5,060,000	$	34,478,803	4/15/2026	No	$	30,767,413	$	30,767,413	$	-	Refund existing bonds	Yes	Aa2	AA−	
Combined Fee Revenue and Refunding Bonds, Series 2015	N/A	$	68,865,000	$	42,440,000	$	96,099,964	4/15/2031	No	$	77,689,807	$	77,689,807	$	-	Ref bonds/purch PFC prop	Yes	Aa2	AA−	
Combined Fee Revenue Refunding Bonds, Series 2016	N/A	$	50,345,000	$	37,010,000	$	70,585,813	4/15/2031	No	$	60,419,216	$	60,419,216	$	-	Refund existing bonds	Yes	Aa2	AA−	
Limited Tax Refunding Bonds, Series 2016	N/A	$	19,455,000	$	19,455,000	$	20,500,000	2/15/2017	Yes	$	20,647,337	$	20,647,337	$	-	Refund existing bonds	Yes	Aa1	AA+	
Maintenance Tax Refunding Bonds, Series 2016	N/A	$	28,870,000	$	21,665,000	$	39,421,650	2/15/2028	Yes	$	35,405,208	$	35,405,208	$	-	Refund existing notes	Yes	Aa1	AA+	
LoanSTAR Revolving Loan Program	N/A	$	6,325,273	$	-	$	6,619,929	2/29/2028	No	$	6,325,273	$	6,325,273	$	-	Energy savings projects	No			
Combined Fee Revenue Refunding Bonds, Series 2019	N/A	$	26,870,000	$	17,990,000	$	33,513,115	4/15/2030	No	$	30,368,397	$	30,368,397	$	-	Refund existing bonds	Yes	Aa2	AA−	
Tax-Exempt Note Purchase Agreement	N/A	$	33,211,994	$	33,211,994	Unknown	12/13/2021	No	$	33,211,994	$	33,211,994	$	-	(H)	No			
Combined Fee Revenue Refunding Bonds, Series 2020	N/A	$	13,595,000	$	12,580,000	$	17,921,301	4/15/2031	No	$	16,208,792	$	16,208,792	$	-	Refund existing bonds	Yes	Aa2	AA−	
Limited Tax Refunding Bonds, Series 2020	N/A	$	33,290,000	$	33,290,000	$	56,423,641	2/15/2036	Yes	$	40,481,227	$	40,481,227	$	-	Refund existing bonds	Yes	Aaa	AA+	
Maintenance Tax Refunding Bonds, Series 2020	N/A	$	32,060,000	$	28,245,000	$	39,557,939	2/15/2031	Yes	$	37,565,362	$	37,565,362	$	-	Refund existing bonds	Yes	Aaa	AA+	
Maintenance Tax Refunding Bonds, Series 2021A	N/A	$	31,185,000	$	31,185,000	$	58,750,634	2/15/2031	Yes	$	38,778,244	$	38,778,244	$	-	Refund existing bonds	Yes	Aaa	AA+	
Limited Tax Refunding Bonds, Series 2021A	N/A	$	46,515,000	$	49,615,000	$	40,301,028	2/15/2028	Yes	$	57,892,152	$	57,892,152	$	-	Refund existing bonds	Yes	Aaa	AA+	
Limited Tax Refunding Bonds, Taxable Series 2021B	N/A	$	298,290,000	$	298,290,000	$	393,767,480	2/15/2043	Yes	$        326,477,357	$        326,477,357	$	-	Refund existing bonds	Yes	Aaa	AA+	

	

Fitch	

Kroll	
Other rating (if applicable)	
Optional: Explanation of repayment source	
Optional: Comments or additional information per individual debt obligation	

					

					

					

					

					

					

Texas Comptroller’s Annual Local Debt Report
Entity Information (Auto)		
Political Subdivision Name:	Houston Community College	
Reporting Fiscal Year:	2021	

Directions: Fill in the cells in column B that correspond with the requested information.
All information entered should reflect the last day of the political subdivision's fiscal year identified on this form. If there is no debt to report for the fiscal year, enter "N/A" or "$0" in each cell along column B.
Total Tax-Supported and Revenue Debt	
Total authorized debt obligations:	$1,332,342,267	
Total principal of all outstanding debt obligations:	$654,531,994	
Combined principal and interest required to pay all outstanding debt
obligations on time and in full:	$2,020,842,021	

Total debt secured by Ad Valorem Taxation (includes combination tax
and revenue debt obligations)	
Total authorized debt obligations secured by ad valorem taxation:	$1,065,405,273	
Total principal of all outstanding debt obligations secured by ad valorem
taxation:	$492,485,000	
Combined principal and interest required to pay all outstanding debt
obligations secured by ad valorem taxation on time and in full:	$1,666,933,707	

Per Capita Total Debt secured by Ad Valorem Taxation (required for
municipalities, counties, and school districts only)	
Population of the political subdivision:	2,480,742	
Source and year of population data:	2021	
Total authorized debt obligations secured by ad valorem taxation expressed
as a per capita amount:	$429	
Total principal of outstanding debt obligations secured by ad valorem
taxation as a per capita amount:	$199	
Combined principal and interest required to pay all outstanding debt
obligations secured by ad valorem taxation on time and in full as a per capita amount:	
$672	
End of Worksheet

Texas Comptroller’s Annual Local Debt Report	
Additional Notes (optional)	
 Please use this space to enter any other information the political subdivision considers relevant or necessary to explain information submitted in this report.		
1	(D) Renovate and provide equipment for existing facilities	
2	(F) Pay for the rehabilitation and energy conservation renovations of existing facilities	
3	(G) Maintenance, repair, rehabilitation and replacement of existing facilities	
4	(H) Purchase and acquisition of certain land; construction, renovation and equipment of certain facilities	
5	(I) Refund certain outstanding Junior Lien Bonds	
6		
7		
8		
9		
10		
End of Worksheet	

Texas Comptroller’s Annual Local Debt Report Optional Reporting
Directions: Please complete each of the cells in the right-most column (column E) for all debt obligations in aggregate (or total) as of the last day of the political subdivision's most recently completed fiscal year.
For political subdivisions other than school districts, municipalities and counties	
Item #	Optional Item	Instructions	References, Local Government Code	Response	

1	Total authorized debt obligations secured by ad valorem taxation expressed as a per capita amount for political subdivisions other than municipalities, school districts and counties.	Sum all authorized debt obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt in this calculation. Divide this sum by the population of the political
subdivision for the corresponding year of debt obligation data.	
140.008(b)(3)(A)		
2	Population total used to calculate per capita figure in #1:	The denominator used to calculate per capita figure requested in #1.This is a population total for your entity.	140.008(b)(3)(A)		
3	Source and year of population estimate used to calculate per capita figure in #1:	The source of population data comprising the denominator of per capita figure in #1.	140.008(b)(3)(A)		

4	Total principal on outstanding debt obligations secured by ad valorem taxation expressed as a per capita amount:	Sum the total amount borrowed of all obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total. Ensure that the population data
matches time frame of the fiscal year for which you are reporting.	
140.008(b)(3)(A)		
5	Population total used to calculate per capita figure in #4:	The denominator used to calculate per capita figure requested in #4.This is a population total for your entity.	140.008(b)(3)(A)		
6	Source and year of population estimate used to calculate per capita figure in #4:	The source of population data comprising the denominator of per capita figure in #4.	140.008(b)(3)(A)		

7	
Total combined principal and interest required to pay all outstanding ad valorem-secured debt obligations on time and in full, expressed as a per capita amount:	Sum the total amount borrowed of all obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total. Add to this the cost of debt service for these debt obligations. Divide this total by the population of the political subdivision. Ensure that the
population data matches time frame of the fiscal year for which you are reporting.	
140.008(b)(3)(A)		
8	Population total used to calculate per capita figure in #7:	The denominator used to calculate per capita figure requested in #7.This is a population total for your entity.	140.008(b)(3)(A)		
9	Source and year of population estimate used to calculate per capita figure in #7:	The source of population data comprising the denominator of per capita figure in #7.	140.008(b)(3)(A)		

For all political subdivisions	
Item #	Optional Item	Instructions	References, Local Government Code	Response	

10	Total authorized and outstanding debt obligations secured by ad valorem taxation, expressed as a per capita amount, projected as of the last day of the maximum term of the most recent debt obligation:	Sum any and all authorized debt obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total. Divide this by the projected population of the political subdivision as of the entity's last day of the maximum term of the most recently issued
debt obligation.	
140.008(b)(3)(C)		
11	Population projection total used to calculate per capita figure in #10:	The denominator used to calculate per capita figure requested in #10.This is a population projection total for
your entity.	140.008(b)(3)(C)		
12	Source and year of population projection used to calculate per capita figure in #10:	The source of population projection comprising the denominator of per capita figure in #10.	140.008(b)(3)(C)		
13	Date of last day of maximum term of most recently issued debt obligation in
#10(MM/DD/YYYY):	The bill asks for the "most recent debt obligation" which is interpreted to mean the most recently issued debt
obligation issued by the political subdivision.	140.008(b)(3)(C)		

14	Total principal on outstanding debt obligations secured by ad valorem taxation expressed as a per capita amount, projected as of the last day of the maximum term of the most recently issued debt obligation:	Sum the total amount borrowed of all obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total. Divide by the projected population total for the political subdivision corresponding to the last day of the maximum term of the most recently issued
debt obligation.	
140.008(b)(3)(C)		
15	Population projection total used to calculate per capita figure in #14:	The denominator used to calculate per capita figure requested in #14.This is a population projection total for
your entity.	140.008(b)(3)(C)		
16	Source and year of population projection used to calculate per capita figure in #14:	The source of the population projection comprising the denominator of per capita figure in #14.	140.008(b)(3)(C)		
17	Date of last day of maximum term of most recently issued debt obligation in
#14(MM/DD/YYYY):	The bill asks for the "most recent debt obligation" which is interpreted to mean the most recently issued debt
obligation issued by the political subdivision.	140.008(b)(3)(C)		

18	Total combined principal and interest required to pay all outstanding ad valorem-secured debt obligations on time and in full, expressed as a per capita amount, projected as of the last day of the maximum term of the most recently issued debt obligation:	Sum the total amount borrowed of all obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total. Add to this the cost of debt service for these debt obligations. Divide this total by the projected population of the political subdivision
corresponding to the last day of the maximum term of the most recently issued debt obligation.	
140.008(b)(3)(C)		
19	Population total used to calculate per capita figure in #18:	The denominator used to calculate per capita figure requested in #18.This is a population projection total for
your entity.	140.008(b)(3)(C)		
20	Source and year of population estimate used to calculate projected per capita figure in #18:	The source of the population projection comprising the denominator of per capita figure in #18.	140.008(b)(3)(C)		
21	Date of last day of maximum term of most recently issued debt obligation in
#18(MM/DD/YYYY):	The bill asks for the "most recent debt obligation" which is interpreted to mean the most recently issued debt
obligation issued by the political subdivision.	140.008(b)(3)(C)		
End of Worksheet

Texas Comptroller’s Annual Local Debt Report Instructions and Glossary
The tables below provide further guidance on properly completing this report. Please contact the Texas Comptroller's office if you have any further questions, by phone (844) 519-5676; or email, Transparency@cpa.texas.gov
Tab 1: Contact Information	
Item #	Terms	Definitions	Directions	References, Local Government Code	

1	
Political Subdivision Name	
Political subdivisions are counties, municipalities, school districts, junior college districts, other special districts, or other subdivisions of state government (Local Government Code, section 140.008 (a) (2))	
Enter the legal name of your political subdivision.	
140.008(2)	

2	
Political Subdivision Type	Political subdivisions are counties, municipalities, school districts, junior college districts, other special districts, or other subdivisions of state government (Local Government Code, section 140.008 (a) (2))	Click on the cell to access the drop down menu. Select the appropriate type of political entity from the list. If "other" is selected, the blank cell below it must specify the type. Selecting another entity will black the
lower cell out.	
140.008(2)	

3	
Does the Political Subdivision have reportable debt?	A political subdivision must annually compile and report the required financial information under Local
Government Code, Section 140.008. There is not an exception to the filing requirement for a political subdivision with no outstanding debt.	Click on the cell to the right to access the drop down menu. Selecting "No" still requires tabs 2 and 3 to be completed. All contact and entity information needs to be completed regardless if there is no reportable
debt.	
140.008	

Tab 2: Individual Debt Obligations	
Column	Terms	Definitions	Directions	References, Local Government Code	
column A	Outstanding debt obligation	an issued public security, as defined under Government Code §1201.002, that has yet to be repaid.	Enter the name of the individual debt obligation or bond series. If the entity has no debt to report, enter
"No Reportable Debt" in the first cell below the column title (row 10).	140.008(b)(1)(C)	
column B	If debt is conduit or component debt, enter related
entity name	debt that is not a legal liability of the political subdivision but is secured by another entity, such as an
Economic Development Corporation	Enter the name of the entity who the debt is issued to on behalf of the political subdivision.	N/A	
column C	Principal issued	total amount borrowed (par)	Enter the amount borrowed for each individual debt obligation or bond series.	140.008(b)(1)(G)(i)	
column D	Principal outstanding	total amount borrowed (par) of obligation that has yet to be repaid	Enter the amount borrowed that has yet to be repaid for each individual debt obligation or bond series.	140.008(b)(1)(C)	
column E	Combined principal and interest required to pay each
outstanding debt obligation on time and in full	the total amount borrowed (par) plus the cost of interest for each individual debt obligation or bond series	Enter the amount borrowed plus the cost of interest for each individual debt obligation or bond series;
total debt service.	140.008(b)(1)(E )	
column F	Final maturity date	final payment date of individual debt obligation at which point all principal and interest will be paid off	Enter the date of the final payment of principal and interest for each individual debt obligation.	140.008(b)(1)(G)(iii)	
column G	Is the debt secured in any way by ad valorem taxes?	indicates which individual debt obligations are in part or whole pledged with property taxes	Select "Yes" from the dropdown list if any part of the debt obligation is secured with ad valorem taxes. If
not, select "No".	140.008(b)(1)(F)	
column H	Total proceeds received	total assets received from the sale of a new issue of public securities	Enter the total assets received from the individual debt obligation.	140.008(b)(1)(G)(ii)	

column I	
Proceeds spent	
the portion of total proceeds received (column H) that have been spent	Enter the portion of the total assets received from the individual debt obligation that have been spent. The spreadsheet automatically calculates this amount.	
140.008(b)(1)(G)(ii)	
column J	Proceeds unspent	the portion of total proceeds received that are remaining to be spent	Enter the portion of the total assets received from the individual debt obligation that have not been spent.
(Formula: subtract column I from column H)	140.008(b)(1)(G)(ii)	

column K	
Official stated purpose for which the debt obligation was authorized	
The reason for the debt issuance as defined in ballot language if applicable or the Official Statement	Enter the purpose for the issuance of this individual series as defined in ballot language if applicable or the Official Statement. If there is not sufficient space in column K, use the Additional Notes (tab 4) to add further information regarding purpose. Be sure to label any additional notes you enter in the Additional
Notes tab.	
140.008(b)(1)(G)(iv)	

columns L - Q	
current credit rating	
existing rating given by any nationally recognized credit rating organization to debt obligations	Identify if the obligation has received a credit rating. If so, enter the current rating in the appropriate column. Enter credit ratings for all agencies that apply. If the credit rating organization is not listed, enter the rating organization and rating in the "Other Rating" column. If the debt obligation is identified as
unrated, columns M - Q will be blacked out.	
140.008(b)(2)	

Tab 3: Summary of Debt Obligations	
Item #	Terms	Definitions	Directions	References, Local Government Code	

1	

Total authorized debt obligations	Debt obligations are defined in the bill as issued public securities which are instruments, including bonds, certificates, notes, or other types of obligations authorized to be issued by an issuer under a statute, a municipal home-rule charter, or the constitution of this state (Government Code section 1201.002 (2)).
Issuance is the process of authorizing, selling and delivering public debt.
Public security authorization means a resolution , order, or ordinance that is approved or adopted, or any other action taken in a proceeding, by the governing body of an issuer in authorizing the issuance of a public security (Government Code section 1201.002 (3)).	

Sum any and all authorized debt obligations. This includes voter-approved and non-voter approved debt obligations.	

140.008(b)(1)(A), 1201.002	

2	
Total principal of all outstanding debt obligations	
Total amount borrowed (par) of all obligations that have yet to be repaid	
Sum the total amount borrowed of all debt obligations that have yet to be repaid.	
140.008(b)(1)(B)	
3	Combined principal and interest required to pay all
outstanding debt obligations on time and in full	Total amount borrowed (par) that has yet to be repaid plus the cost of interest	Sum the amount borrowed that has yet to be repaid and the cost of interest; total debt service.	140.008(b)(1)(D)	
4	Total authorized debt obligations secured by ad
valorem taxation	Total debt obligations secured by a pledge of property taxes	Sum any and all authorized debt obligations secured in any way by ad valorem taxation. Include
combination tax and revenue debt obligations in this total.	140.008(b)(1)(F) & 140.008(b)(1)(A)	

5	
Total principal of all outstanding debt obligations secured by ad valorem taxation	
Total amount borrowed (par) of obligations secured by a pledge of property taxes that have yet to be repaid	
Sum the total amount borrowed of all obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total.	
140.008(b)(1)(F) & 140.008(b)(1)(B)	

6	Combined principal and interest required to pay all outstanding debt obligations secured by ad valorem taxation on time and in full	
Total amount borrowed (par)of all property tax-secured obligations plus the cost of interest	
Sum the amount borrowed for obligations secured in any way by ad valorem taxation plus debt service costs. Include combination tax and revenue debt obligations in this total.	
140.008(b)(1)(F) & 140.008(b)(1)(D)	
7	Political subdivision's population	The denominator used to calculate per capita figures requested on the Summary of Debt Obligations tab.
This is a population total for the entity.	Make sure that the year of the population figures being used match the fiscal year being reporting on.	140.008(b)(1)(F)	

8	
Source and year of population data	
The source of population data comprising the denominator of per capita figures.	Include the data source, year and any other pertinent information on the data. For example, if you are using the American Community Survey data, specify the table number. Note that school district population data is available from the U.S. Census Bureau's Poverty Estimates for School Districts which is
part of their Small Area Income and Poverty Program (SAIPE)	
140.008(b)(1)(F)	

9	Total authorized debt obligations secured by ad valorem taxation expressed as a per capita amount (required for a municipality, county, and school
districts only)	Total authorized debt obligations secured by a pledge of property taxes divided by the population of the political subdivision (only school districts, municipalities and counties are required to provide a response to this question).	Sum any and all authorized debt obligations secured in any way by ad valorem taxation that have yet to be repaid and divide this by the population of the political subdivision. Include combination tax and revenue debt obligations in this total.	
140.008(b)(1)(F) & 140.008(b)(1)(A)	

10	Total principal of outstanding debt obligations secured by ad valorem taxation as a per capita amount (required for municipalities, counties, and
school districts only)	Total amount borrowed (par) secured by a pledge of property taxes divided by the population of the political subdivision (only school districts, municipalities and counties are required to provide a response to this question).	Sum the total amount borrowed of all obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total. Divide this figure by the population total for the political subdivision.	
140.008(b)(1)(F) & 140.008(b)(1)(B)	

11	Combined principal and interest required to pay all outstanding debt obligations secured by ad valorem taxation on time and in full as a per capita amount (required for municipalities, counties, and school districts only)	
Total debt obligations secured by a pledge of property taxes plus the cost of debt service on these obligations divided by the population of the political subdivision (only school districts, municipalities and counties are required to provide a response to this question).	
Sum the total amount borrowed of all obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total. Add to this the cost of debt service for these debt obligations. Divide this total by the population of the political subdivision.	

140.008(b)(1)(F) & 140.008(b)(1)(D)	
End of Worksheet