Terms
- Closing date
- July 12, 2023
- Fiscal year issued
- 2023
- Par amount
- $7,370,000
- New money / refunding
- $7,370,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- March 1, 2043
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $6,965,000 | $3,340,750 | $10,305,750 |
| 2024 | $7,200,000 | $3,675,250 | $10,875,250 |
| 2023 | $7,370,000 | $3,903,917 | $11,273,917 |
Costs of issuance
Download CSVOne-time costs reported: $127,792, or $17.34 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $7,370.00 | $1.00 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $16,400.00 | $2.23 |
| Contingency | Not reported | One time | $330.00 | $0.04 |
| Financial advisor | Hilltop Securities Inc | One time | $37,750.00 | $5.12 |
| Underwriter's spread: management fee | Not reported | One time | $7,370.00 | $1.00 |
| Paying agent and registrar | US Bank | One time | $500.00 | $0.07 |
| Paying agent and registrar | US Bank | Annual | $500.00 | $0.07 |
| Printing | Hilltop Securities Inc | One time | $350.00 | $0.05 |
| Printing | Ipreo LLC | One time | $400.00 | $0.05 |
| Rating agency | Fitch | One time | $8,400.00 | $1.14 |
| Rating agency | S&P | One time | $10,500.00 | $1.42 |
| Underwriter's spread: expenses | Not reported | One time | $3,422.10 | $0.46 |
| Underwriter's spread: takedown | Not reported | One time | $30,000.00 | $4.07 |
| Underwriter's counsel (paid by the underwriter) | McCall Parkhurst & Horton LLP | One time | $5,000.00 | $0.68 |
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.