Wtr & SS Rev Impr & Ref Bonds Ser 2023
$166,850,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- June 13, 2023
- Fiscal year issued
- 2023
- Par amount
- $171,925,000
- New money / refunding
- $131,925,000 / $40,000,000
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- March 1, 2049
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $166,850,000 | $126,901,963 | $293,751,963 |
| 2024 | $169,140,000 | $135,222,325 | $304,362,325 |
| 2023 | $171,925,000 | $141,285,047 | $313,210,047 |
Costs of issuance
Download CSVOne-time costs reported: $1,435,624, or $8.35 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $9,500.00 | $0.06 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $182,025.00 | $1.06 |
| Contingency | Not reported | One time | $9,072.45 | $0.05 |
| Financial advisor | Hilltop Securities Inc | One time | $201,000.50 | $1.17 |
| Underwriter's spread: management fee | Not reported | One time | $68,770.00 | $0.40 |
| Other costs | Not reported | One time | $7,500.00 | $0.04 |
| Paying agent and registrar | Computershare Trust Company NA | One time | $2,000.00 | $0.01 |
| Paying agent and registrar | Computershare Trust Company NA | Annual | $2,000.00 | $0.01 |
| Printing | Hilltop Securities Inc | One time | $5,000.00 | $0.03 |
| Rating agency | Fitch | One time | $78,550.91 | $0.46 |
| Rating agency | S&P | One time | $66,375.00 | $0.39 |
| Underwriter's spread: expenses | Not reported | One time | $38,545.59 | $0.22 |
| Underwriter's spread: takedown | Not reported | One time | $732,285.00 | $4.26 |
| Underwriter's counsel (paid by the underwriter) | Winstead PC | One time | $35,000.00 | $0.20 |
Source: Local Issuance Fee By Year (updated by the publisher Sep 9, 2026); Debt Outstanding By Issuance Local By Year (updated by the publisher Sep 9, 2026). Loaded here Oct 3, 2026.
Texas fiscal years run September 1 to August 31.
Figures are as reported to the agency and have not been independently verified.