Terms
- Closing date
- March 5, 2025
- Fiscal year issued
- 2025
- Par amount
- $30,810,000
- New money / refunding
- $30,810,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Water and sewer
- Sale
- Competitive
- Final maturity
- August 15, 2055
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $30,810,000 | $23,565,292 | $54,375,292 |
Costs of issuance
Download CSVOne-time costs reported: $452,491, or $14.69 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 | $0.31 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $40,111.36 | $1.30 |
| Bond insurance (paid by the underwriter) | Assured Guaranty Inc | One time | $68,415.00 | $2.22 |
| CUSIP | CUSIP Global Services | One time | $1,231.00 | $0.04 |
| Financial advisor | Hilltop Securities Inc | One time | $61,060.00 | $1.98 |
| Underwriter's spread: management fee | BofA Securities Inc | One time | $94,493.47 | $3.07 |
| Paying agent and registrar | BOKF NA | One time | $400.00 | $0.01 |
| Pos os posting | Hilltop Securities Inc | One time | $750.00 | $0.02 |
| Printing | Hilltop Securities Inc | One time | $7,500.00 | $0.24 |
| Rating agency | Fitch | One time | $28,000.00 | $0.91 |
| Rating agency | S&P | One time | $34,550.00 | $1.12 |
| Underwriter's spread: expenses | BofA Securities Inc | One time | $78,060.06 | $2.53 |
| Underwriter's spread: takedown | BofA Securities Inc | One time | $28,420.01 | $0.92 |
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.
