Terms
- Closing date
- September 17, 2015
- Fiscal year issued
- 2016
- Par amount
- $2,250,000
- New money / refunding
- $0 / $2,250,000
- Pledge
- Tax-supported (general obligation)
- Purpose
- Refunding
- Sale
- Negotiated
- Final maturity
- August 15, 2026
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $225,000 | $7,875 | $232,875 |
| 2024 | $440,000 | $23,275 | $463,275 |
| 2023 | $650,000 | $46,025 | $696,025 |
| 2022 | $850,000 | $75,775 | $925,775 |
| 2021 | $1,095,000 | $114,100 | $1,209,100 |
| 2020 | $1,330,000 | $160,650 | $1,490,650 |
| 2019 | $1,555,000 | $213,950 | $1,768,950 |
| 2018 | $1,775,000 | $273,850 | $2,048,850 |
| 2017 | $1,985,000 | $340,050 | $2,325,050 |
| 2016 | $2,195,000 | $410,450 | $2,605,450 |
Costs of issuance
Download CSVOne-time costs reported: $79,756, or $35.45 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $2,250.00 | $1.00 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $9,250.00 | $4.11 |
| Bond insurance | None | One time | $0.00 | $0.00 |
| Contingency | Not reported | One time | $4,100.00 | $1.82 |
| Escrow agent | Bank of Texas NA | One time | $1,000.00 | $0.44 |
| Escrow verification | Grant Thornton LLP | One time | $2,000.00 | $0.89 |
| Financial advisor | Frost Bank | One time | $25,000.00 | $11.11 |
| Underwriter's spread: management fee | Not reported | One time | $2,250.00 | $1.00 |
| Paying agent and registrar | Bank of Texas NA | Annual | $400.00 | $0.18 |
| Paying agent and registrar | Bank of Texas NA | One time | $400.00 | $0.18 |
| Printing | Clements Printing Co LLC | One time | $1,500.00 | $0.67 |
| Printing | PostOScom | One time | $1,500.00 | $0.67 |
| Rating agency | S&P | One time | $11,500.00 | $5.11 |
| Underwriter's spread: expenses | Not reported | One time | $2,055.83 | $0.91 |
| Underwriter's spread: takedown | Not reported | One time | $10,450.00 | $4.64 |
| Travel | Not reported | One time | $1,500.00 | $0.67 |
| Underwriter's counsel (paid by the underwriter) | Bracewell LLP | One time | $5,000.00 | $2.22 |
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.