Drainage Util Sys Rev Ref Bonds Ser 2016
$10,095,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- June 28, 2016
- Fiscal year issued
- 2016
- Par amount
- $17,505,000
- New money / refunding
- $0 / $17,505,000
- Pledge
- Revenue
- Purpose
- Refunding
- Sale
- Competitive
- Final maturity
- August 15, 2033
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $10,095,000 | $1,379,050 | $11,474,050 |
| 2024 | $11,180,000 | $1,729,150 | $12,909,150 |
| 2023 | $12,220,000 | $2,121,750 | $14,341,750 |
| 2022 | $13,215,000 | $2,560,025 | $15,775,025 |
| 2021 | $14,160,000 | $3,046,800 | $17,206,800 |
| 2020 | $15,060,000 | $3,579,700 | $18,639,700 |
| 2019 | $15,915,000 | $4,156,475 | $20,071,475 |
| 2018 | $16,730,000 | $4,775,000 | $21,505,000 |
| 2017 | $17,505,000 | $5,433,275 | $22,938,275 |
| 2016 | $17,505,000 | $6,110,925 | $23,615,925 |
Costs of issuance
Download CSVOne-time costs reported: $282,490, or $16.14 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 | $0.54 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $24,378.75 | $1.39 |
| Bond insurance | None | One time | $0.00 | $0.00 |
| Cobond counsel | Kelly Hart & Hallman LLP | One time | $24,378.75 | $1.39 |
| Co financial advisor | Estrada Hinojosa & Co Inc | One time | $16,845.06 | $0.96 |
| Escrow agent | Bank of Texas NA | One time | $800.00 | $0.05 |
| Escrow verification | Grant Thornton LLP | One time | $2,500.00 | $0.14 |
| Financial advisor | First Southwest Co LLC | One time | $31,283.69 | $1.79 |
| Underwriter's spread: management fee | Not reported | One time | $20.52 | $0.00 |
| Other costs | Not reported | One time | $4,944.98 | $0.28 |
| Paying agent and registrar | Bank of Texas NA | Annual | $300.00 | $0.02 |
| Paying agent and registrar | Bank of Texas NA | One time | $300.00 | $0.02 |
| Printing | First Southwest Co LLC | One time | $6,000.00 | $0.34 |
| Rating agency | Fitch | One time | $18,000.00 | $1.03 |
| Rating agency | Moodys | One time | $22,000.00 | $1.26 |
| Rating agency | S&P | One time | $18,000.00 | $1.03 |
| Underwriter's spread: expenses | Not reported | One time | $5,251.50 | $0.30 |
| Underwriter's spread: takedown | Not reported | One time | $98,287.13 | $5.61 |
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.