Terms
- Closing date
- June 14, 2023
- Fiscal year issued
- 2023
- Par amount
- $23,930,000
- New money / refunding
- $23,930,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- March 1, 2048
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $23,085,000 | $13,871,700 | $36,956,700 |
| 2024 | $23,630,000 | $14,923,550 | $38,553,550 |
| 2023 | $23,930,000 | $15,685,162 | $39,615,162 |
Costs of issuance
Download CSVOne-time costs reported: $300,486, or $12.56 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 | $0.40 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $34,930.00 | $1.46 |
| Contingency | Not reported | One time | $9,072.50 | $0.38 |
| Financial advisor | Hilltop Securities Inc | One time | $71,162.50 | $2.97 |
| Underwriter's spread: management fee | Not reported | One time | $5,982.50 | $0.25 |
| Paying agent and registrar | UMB Bank NA | One time | $400.00 | $0.02 |
| Printing | Hilltop Securities Inc | One time | $675.00 | $0.03 |
| Printing | Ipreo LLC | One time | $760.00 | $0.03 |
| Rating agency | Fitch | One time | $13,000.00 | $0.54 |
| Rating agency | Moodys | One time | $25,500.00 | $1.07 |
| Underwriter's spread: expenses | Not reported | One time | $7,657.60 | $0.32 |
| Underwriter's spread: takedown | Not reported | One time | $109,881.25 | $4.59 |
| Underwriter's counsel (paid by the underwriter) | Orrick Herrington & Sutcliffe LLP | One time | $11,965.00 | $0.50 |
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.