This is a MuniPro demonstration of a redesigned Texas Bond Review Board website. It is not the official BRB site: nothing filed here reaches BRB, and the email addresses shown are BRB's own. The official site is brb.texas.gov.

Pilot Point

Spec Assessment Rev Bonds Ser 2023 (Mobberly PID Impr Area 1B Proj)

$2,173,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
June 15, 2023
Fiscal year issued
2023
Par amount
$2,226,000
New money / refunding
$2,226,000 / $0
Pledge
Revenue
Purpose
Water and sewer
Sale
Negotiated
Final maturity
March 15, 2049

Debt outstanding by fiscal year

Download CSV
Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$2,173,000$1,762,101$3,935,101
2024$2,219,000$1,882,616$4,101,616
2023$2,226,000$1,973,905$4,199,905

Costs of issuance

Download CSV

One-time costs reported: $247,378, or $111.13 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$2,226.00$1.00
Bond counselNorton Rose Fulbright US LLPOne time$44,520.00$20.00
Financial advisorHilltop Securities IncOne time$44,520.00$20.00
Issuer counselMesser Fort & McDonald PLLCOne time$30,000.00$13.48
Other costsNot reportedOne time$5,000.00$2.25
Other costsCity of Pilot PointOne time$15,000.00$6.74
Other costsP3Works LLCOne time$22,831.67$10.26
PrintingImageMaster LLCOne time$3,000.00$1.35
Underwriter's spread: takedownNot reportedOne time$44,520.00$20.00
TrusteeWilmington Trust NAOne time$6,750.00$3.03
Trustee counselNaman Howell Smith & Lee PLLCOne time$6,750.00$3.03
Underwriter's counsel (paid by the underwriter)Locke Lord LLPOne time$22,260.00$10.00

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.