Municipal Drainage Util Sys Rev Bonds Ser 2024
$14,385,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- June 11, 2024
- Fiscal year issued
- 2024
- Par amount
- $14,660,000
- New money / refunding
- $14,660,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Competitive
- Final maturity
- May 15, 2054
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $14,385,000 | $10,946,188 | $25,331,188 |
| 2024 | $14,660,000 | $11,545,578 | $26,205,578 |
Costs of issuance
Download CSVOne-time costs reported: $182,759, or $12.47 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 | $0.65 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $14,728.00 | $1.00 |
| Contingency | Not reported | One time | $2,235.21 | $0.15 |
| Financial advisor | Hilltop Securities Inc | One time | $25,825.00 | $1.76 |
| Underwriter's spread: management fee | Not reported | One time | $7,311.54 | $0.50 |
| Paying agent and registrar | UMB Bank NA | One time | $300.00 | $0.02 |
| Paying agent and registrar | UMB Bank NA | Annual | $300.00 | $0.02 |
| Printing | Ipreo LLC | One time | $2,500.00 | $0.17 |
| Rating agency | Moodys | One time | $32,000.00 | $2.18 |
| Rating agency | S&P | One time | $22,500.00 | $1.53 |
| Underwriter's spread: expenses | Not reported | One time | $6,597.00 | $0.45 |
| Underwriter's spread: takedown | Not reported | One time | $59,262.49 | $4.04 |
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.