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        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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        <Total>152478</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>152478</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>261133</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>444518</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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        <ManagementAndGeneral>26641</ManagementAndGeneral>
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      <TravelEntrtnmntPublicOfficials>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>172173</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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        <Total>382104</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>382104</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>54351</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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        <Description>Claims Incurred</Description>
        <Total>30172324</Total>
        <ProgramServices>30172324</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <OtherExpenses>
        <Description>Education &amp; Staff Development</Description>
        <Total>68238</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>68238</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Property Taxes/Employee Relations</Description>
        <Total>36328</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>36328</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Consulting</Description>
        <Total>9250</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>9250</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <TotalFunctionalExpenses>
        <Total>37137598</Total>
        <ProgramServices>30172324</ProgramServices>
        <ManagementAndGeneral>6965274</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>0</BOY>
        <EOY>0</EOY>
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      <SavingsAndTempCashInvestments>
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        <EOY>41867350</EOY>
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        <EOY>0</EOY>
      </PledgesAndGrantsReceivable>
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        <EOY>689</EOY>
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      <ReceivablesFromOfficersEtc>
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        <EOY>0</EOY>
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      <ReceivablesFromDisqualPersons>
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        <EOY>0</EOY>
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      <OtherNotesLoansReceivableNet>
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        <EOY>0</EOY>
      </OtherNotesLoansReceivableNet>
      <InventoriesForSaleOrUse>
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        <EOY>0</EOY>
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        <EOY>0</EOY>
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      <LandBuildingsEquipmentBasis>3035392</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>2192636</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
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        <EOY>842756</EOY>
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      <InvestmentsPubTradedSecurities>
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        <EOY>443230961</EOY>
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        <EOY>0</EOY>
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        <EOY>0</EOY>
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        <EOY>0</EOY>
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        <EOY>0</EOY>
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      <DeferredRevenue>
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        <EOY>0</EOY>
      </DeferredRevenue>
      <TaxExemptBondLiabilities>
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        <EOY>0</EOY>
      </TaxExemptBondLiabilities>
      <EscrowAccountLiability>
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        <EOY>0</EOY>
      </EscrowAccountLiability>
      <LoansFromOfficersDirectors>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </LoansFromOfficersDirectors>
      <MortNotesPyblSecuredInvestProp>
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        <EOY>0</EOY>
      </MortNotesPyblSecuredInvestProp>
      <UnsecuredNotesLoansPayable>
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        <EOY>0</EOY>
      </UnsecuredNotesLoansPayable>
      <OtherLiabilities>
        <BOY>401407796</BOY>
        <EOY>403763865</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>432453840</BOY>
        <EOY>432799026</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </UnrestrictedNetAssets>
      <TemporarilyRestrictedNetAssets>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </TemporarilyRestrictedNetAssets>
      <PermanentlyRestrictedNetAssets>
        <BOY>30853268</BOY>
        <EOY>53142730</EOY>
      </PermanentlyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>30853268</BOY>
        <EOY>53142730</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>463307108</BOY>
        <EOY>485941756</EOY>
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      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>7122908</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>15166554</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>1</AccountantCompileOrReview>
      <FSAudited>1</FSAudited>
      <AuditCommittee>1</AuditCommittee>
      <FederalGrantAuditRequired>0</FederalGrantAuditRequired>
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    <IRS990ScheduleD documentId="R000002" softwareId="11000129" softwareVersion="v1.00">
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        <OtherCostOrOtherBasis>0</OtherCostOrOtherBasis>
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        <OtherCostOrOtherBasis>0</OtherCostOrOtherBasis>
        <Depreciation>128119</Depreciation>
        <BookValue>178474</BookValue>
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      <Equipment>
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        <OtherCostOrOtherBasis>0</OtherCostOrOtherBasis>
        <Depreciation>2064517</Depreciation>
        <BookValue>664282</BookValue>
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      <OtherLandBuildings>
        <InvestmentCostOrOtherBasis>0</InvestmentCostOrOtherBasis>
        <OtherCostOrOtherBasis>0</OtherCostOrOtherBasis>
        <Depreciation>0</Depreciation>
        <BookValue>0</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>842756</TotalOfBookValueLandBuildings>
      <FederalIncomeTaxLiability>0</FederalIncomeTaxLiability>
      <OtherLiabilities>
        <Description>Claims Payable</Description>
        <Amount>403763865</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>403763865</TotalOfAmounts>
      <TotalRevenue>44260506</TotalRevenue>
      <TotalExpenses>37137598</TotalExpenses>
      <ExcessOrDeficitForYear>7122908</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>0</NetUnrealizedGLOnInvestments>
      <DonatedServicesAndFacilities>0</DonatedServicesAndFacilities>
      <InvestmentExpenses>0</InvestmentExpenses>
      <PriorPeriodAdjustments>0</PriorPeriodAdjustments>
      <OtherAmount>0</OtherAmount>
      <TotalAdjustments>0</TotalAdjustments>
      <ExcessOrDeficitPerFS>7122908</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>44260506</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>0</NetUnrealizedGainsInvestments>
      <DonatedSrvcAndUseOfFacilities>0</DonatedSrvcAndUseOfFacilities>
      <RecoveriesOfPriorYearGrants>0</RecoveriesOfPriorYearGrants>
      <OtherRevenues>0</OtherRevenues>
      <RevenueNotRptdF990>0</RevenueNotRptdF990>
      <RevenueSubtotal>44260506</RevenueSubtotal>
      <InvestmentExpensesNotIncluded>0</InvestmentExpensesNotIncluded>
      <OtherRevenuesNotIncluded>0</OtherRevenuesNotIncluded>
      <RevenueNotRptdOnFinStmt>0</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>44260506</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>37137598</TotExpensesEtcAuditedFinclStmt>
      <DonatedServicesUseOfFacilities>0</DonatedServicesUseOfFacilities>
      <PriorYearAdjustments>0</PriorYearAdjustments>
      <LossesReported>0</LossesReported>
      <OtherExpensesIncluded>0</OtherExpensesIncluded>
      <ExpensesNotRptdF990>0</ExpensesNotRptdF990>
      <ExpensesSubtotal>37137598</ExpensesSubtotal>
      <InvestmentExpensesNotIncluded2>0</InvestmentExpensesNotIncluded2>
      <OtherExpensesNotIncluded>0</OtherExpensesNotIncluded>
      <ExpensesNotRptdOnFinStmt>0</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>37137598</TotalExpensesPerForm990>
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    <IRS990ScheduleJ documentId="R000003" softwareId="11000129" softwareVersion="v1.00">
      <IndependentConsultant>X</IndependentConsultant>
      <CompensationSurvey>X</CompensationSurvey>
      <BoardOrCommitteeApproval>X</BoardOrCommitteeApproval>
      <SeverancePayment>0</SeverancePayment>
      <SupplementalNonqualRetirePlan>0</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>0</EquityBasedCompArrangement>
      <Form990ScheduleJPartII>
        <NamePerson>Marvin Kelly</NamePerson>
        <BaseCompensationFilingOrg>284578</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>0</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
        <OtherCompensationFilingOrg>0</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>0</DeferredCompFilingOrg>
        <DeferredCompRelatedOrgs>0</DeferredCompRelatedOrgs>
        <NontaxableBenefitsFilingOrg>0</NontaxableBenefitsFilingOrg>
        <NontaxableBenefitsRelatedOrgs>0</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationFilingOrg>284578</TotalCompensationFilingOrg>
        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>317111</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>Brent Jones</NamePerson>
        <BaseCompensationFilingOrg>158824</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>0</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
        <OtherCompensationFilingOrg>0</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>0</DeferredCompFilingOrg>
        <DeferredCompRelatedOrgs>0</DeferredCompRelatedOrgs>
        <NontaxableBenefitsFilingOrg>0</NontaxableBenefitsFilingOrg>
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        <TotalCompensationFilingOrg>158824</TotalCompensationFilingOrg>
        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>164196</CompReportPrior990FilingOrg>
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    <IRS990ScheduleO documentId="R000004" softwareId="11000129" softwareVersion="v1.00">
      <GeneralExplanation>
        <Identifier>F990_P06_S0A_L06</Identifier>
        <ReturnReference>Form 990, Part VI, Section A, Line 6</ReturnReference>
        <Explanation>All licensed property and casualty insurance companies in the state of Texas.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0A_L07a</Identifier>
        <ReturnReference>Form 990, Part VI, Section A, Line 7a</ReturnReference>
        <Explanation>All licensed property and casualty insurance companies in the state of Texas.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0A_L09</Identifier>
        <ReturnReference>Form 990, Part VI, Section A, Line 9</ReturnReference>
        <Explanation>Lee Ann Alexander 701 Brazos Ste 500 Austin, TX 78701 Jo Betsy Norton 6210 East Hwy 290 Austin, TX 78723 Michael F Gerik 7420 Fish Pond Road Waco, TX 76710 Alan W Smith 414 Stadium Drive Garland, TX 75040 Patrick L Brockett McCombs School of Business Univerity of Texas Austin, TX 78712 Priscilla Clark 8900 Amberglen Blvd Austin, TX 78729</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L11b</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 11b</ReturnReference>
        <Explanation>The audited financial statements are reviewed with the Board of Directors. The audited financial statements are then used to prepare the form 990.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L12c</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 12c</ReturnReference>
        <Explanation>Conflict of interest questionairres are required to be completed by the Board of Directors and other employees of the Guaranty Association as part of the annual financial audit process.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L15</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 15</ReturnReference>
        <Explanation>A salary survey is conducted as directed by the Board of Directors. This affects all employees of the Guaranty Association including the Executive Director.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0C_L19</Identifier>
        <ReturnReference>Form 990, Part VI, Section C, Line 19</ReturnReference>
        <Explanation>The financial statements are available online at the Association's website. All the other documents are available upon request.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P11_S00_L05</Identifier>
        <ReturnReference>Form 990, Part XI, Line 5</ReturnReference>
        <Explanation>Other Comprehensive Income</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <ReasonableCauseExplanation documentId="R000005" softwareId="11000129" softwareVersion="v1.00">
      <Explanation>To review 990 form with the Board of Directors before filing with the Internal Revenue Service.</Explanation>
    </ReasonableCauseExplanation>
  </ReturnData>
</Return>