Terms
- Closing date
- June 26, 2025
- Fiscal year issued
- 2025
- Par amount
- $18,525,000
- New money / refunding
- $18,525,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Water and sewer
- Sale
- Competitive
- Final maturity
- March 1, 2045
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $18,525,000 | $7,647,494 | $26,172,494 |
Costs of issuance
Download CSVOne-time costs reported: $264,141, or $14.26 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 | $0.51 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $30,000.00 | $1.62 |
| Contingency | Not reported | One time | $6,247.18 | $0.34 |
| Financial advisor | Hilltop Securities Inc | One time | $51,277.82 | $2.77 |
| Paying agent and registrar | US Bank | Annual | $500.00 | $0.03 |
| Pos os posting | Hilltop Securities Inc | One time | $750.00 | $0.04 |
| Rating agency | S&P | One time | $24,225.00 | $1.31 |
| Underwriter's spread: expenses | Not reported | One time | $12,041.25 | $0.65 |
| Underwriter's spread: takedown | Not reported | One time | $130,100.00 | $7.02 |
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.