Terms
- Closing date
- October 22, 2024
- Fiscal year issued
- 2025
- Par amount
- $17,315,000
- New money / refunding
- $17,315,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Water and sewer
- Sale
- Competitive
- Final maturity
- August 15, 2054
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $17,315,000 | $12,900,150 | $30,215,150 |
Costs of issuance
Download CSVOne-time costs reported: $431,399, or $24.91 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 | $0.55 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $35,000.00 | $2.02 |
| Bond insurance (paid by the underwriter) | Assured Guaranty Inc | One time | $19,800.00 | $1.14 |
| Contingency | Not reported | One time | $1,050.00 | $0.06 |
| Financial advisor | Hilltop Securities Inc | One time | $80,200.00 | $4.63 |
| Underwriter's spread: management fee | Robert W Baird & Co | One time | $52,555.35 | $3.04 |
| Paying agent and registrar | U.S. Bank Trust Company, National Association | Annual | $500.00 | $0.03 |
| Paying agent and registrar | U.S. Bank Trust Company, National Association | One time | $500.00 | $0.03 |
| Pos os posting | Ipreo LLC | One time | $750.00 | $0.04 |
| Rating agency | S&P | One time | $28,000.00 | $1.62 |
| Underwriter's spread: expenses | Robert W Baird & Co | One time | $13,852.00 | $0.80 |
| Underwriter's spread: takedown | Robert W Baird & Co | One time | $190,191.84 | $10.98 |
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 4, 2026.
Texas fiscal years run September 1 to August 31.
Figures are as reported to the agency and have not been independently verified.