Municipal Drainage Util Sys Rev Bonds Ser 2025
$3,550,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- June 18, 2025
- Fiscal year issued
- 2025
- Par amount
- $3,550,000
- New money / refunding
- $3,550,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- March 1, 2045
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $3,550,000 | $2,120,493 | $5,670,493 |
Costs of issuance
Download CSVOne-time costs reported: $119,335, or $33.62 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $3,550.00 | $1.00 |
| Bond counsel | Bracewell LLP | One time | $18,700.00 | $5.27 |
| Financial advisor | Hilltop Securities Inc | One time | $31,900.00 | $8.99 |
| Underwriter's spread: management fee (paid by the underwriter) | BOKF NA | One time | $5,279.90 | $1.49 |
| Other costs | MuniPlatform | One time | $750.00 | $0.21 |
| OS preparation | Hilltop Securities Inc | One time | $7,500.00 | $2.11 |
| Paying agent and registrar | Bank of New York Mellon Trust Co | Annual | $750.00 | $0.21 |
| Rating agency | Moodys | One time | $17,000.00 | $4.79 |
| Rating agency | S&P | One time | $19,350.00 | $5.45 |
| Underwriter's spread: takedown (paid by the underwriter) | Not reported | One time | $13,812.50 | $3.89 |
| Travel | Hilltop Securities Inc | One time | $250.00 | $0.07 |
| Underwriter's counsel (paid by the underwriter) | McCall Parkhurst & Horton LLP | One time | $1,242.50 | $0.35 |
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.