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Galveston

Comb Tax & Rev CO Ser 2024

$17,580,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
October 22, 2024
Fiscal year issued
2025
Par amount
$18,460,000
New money / refunding
$18,460,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
Water and sewer
Sale
Negotiated
Final maturity
May 1, 2044

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$17,580,000$10,058,250$27,638,250

Costs of issuance

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One-time costs reported: $284,464, or $15.41 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
CostPaid toTypeAmountPer $1,000
Attorney General reviewNot reportedOne time$9,500.00$0.51
Bond counselBracewell LLPOne time$80,000.00$4.33
Disclosure counselJackson Walker LLPOne time$25,000.00$1.35
Financial advisorHuntington Bancshares IncOne time$36,644.51$1.99
Underwriter's spread: management fee (paid by the underwriter)BOKF NAOne time$9,230.00$0.50
Paying agent and registrarBank of New York Mellon Trust CoAnnual$750.00$0.04
PrintingMuniOSOne time$5,000.00$0.27
Rating agencyFitchOne time$30,000.00$1.63
Underwriter's spread: expenses (paid by the underwriter)BOKF NAOne time$6,738.32$0.37
Underwriter's spread: takedown (paid by the underwriter)BOKF NAOne time$72,351.25$3.92
Underwriter's counsel (paid by the underwriter)Orrick Herrington & Sutcliffe LLPOne time$10,000.00$0.54

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.