Municipal Drainage Util Sys Rev Ref & Impr Bonds Ser 2021
$37,165,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- June 10, 2021
- Fiscal year issued
- 2021
- Par amount
- $40,590,000
- New money / refunding
- $38,390,000 / $2,200,000
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Competitive
- Final maturity
- May 15, 2061
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $37,165,000 | $18,306,544 | $55,471,544 |
| 2024 | $38,060,000 | $19,488,113 | $57,548,113 |
| 2023 | $38,915,000 | $20,712,432 | $59,627,432 |
| 2022 | $39,730,000 | $21,977,500 | $61,707,500 |
| 2021 | $40,590,000 | $23,194,731 | $63,784,731 |
Costs of issuance
Download CSVOne-time costs reported: $577,015, or $14.22 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 | $0.23 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $40,472.00 | $1.00 |
| Contingency | Not reported | One time | $3,351.85 | $0.08 |
| Financial advisor | Hilltop Securities Inc | One time | $54,340.00 | $1.34 |
| Underwriter's spread: management fee | Not reported | One time | $75,796.99 | $1.87 |
| Paying agent and registrar | Bank of New York Mellon Trust Co | One time | $500.00 | $0.01 |
| Paying agent and registrar | Bank of New York Mellon Trust Co | One time | $750.00 | $0.02 |
| Paying agent and registrar | Bank of New York Mellon Trust Co | Annual | $750.00 | $0.02 |
| Printing | Ipreo LLC | One time | $2,750.00 | $0.07 |
| Rating agency | Moodys | One time | $37,000.00 | $0.91 |
| Rating agency | S&P | One time | $34,250.00 | $0.84 |
| Underwriter's spread: expenses | Not reported | One time | $24,759.91 | $0.61 |
| Underwriter's spread: takedown | Not reported | One time | $293,543.75 | $7.23 |
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.