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Garland

GO Ref Bonds Ser 2023

$45,285,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
May 31, 2023
Fiscal year issued
2023
Par amount
$45,285,000
New money / refunding
$0 / $45,285,000
Pledge
Tax-supported (general obligation)
Purpose
Refunding
Sale
Competitive
Final maturity
August 15, 2043

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$45,285,000$23,696,525$68,981,525
2024$45,285,000$25,803,575$71,088,575
2023$45,285,000$28,349,594$73,634,594

Costs of issuance

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One-time costs reported: $239,752, or $5.29 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$0.21
Bond counselMcCall Parkhurst & Horton LLPOne time$59,739.75$1.32
Disclosure counselBracewell LLPOne time$11,348.99$0.25
Financial advisorHilltop Securities IncOne time$49,924.66$1.10
Other costsNot reportedOne time$1,565.22$0.03
Paying agent and registrarZions Bancorporation NAOne time$750.00$0.02
Paying agent and registrarZions Bancorporation NAAnnual$750.00$0.02
PrintingHilltop Securities IncOne time$1,261.00$0.03
Rating agencyFitchOne time$23,202.38$0.51
Rating agencyS&POne time$27,918.52$0.62
Underwriter's spread: expensesNot reportedOne time$12,285.10$0.27
Underwriter's spread: takedownNot reportedOne time$42,256.52$0.93

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.