Wtr Sys Jr Lien Rev & Ref Bonds Ser 2021A (No Reserve Fund)
$254,470,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- July 13, 2021
- Fiscal year issued
- 2021
- Par amount
- $274,375,000
- New money / refunding
- $264,045,000 / $10,330,000
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- May 15, 2051
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $254,470,000 | $176,642,300 | $431,112,300 |
| 2024 | $259,825,000 | $188,380,300 | $448,205,300 |
| 2023 | $264,920,000 | $200,373,050 | $465,293,050 |
| 2022 | $269,765,000 | $212,608,050 | $482,373,050 |
| 2021 | $274,375,000 | $223,065,219 | $497,440,219 |
Costs of issuance
Download CSVOne-time costs reported: $1,709,394, or $6.23 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Accountant CPA | Baker Tilly Virchow Krause LLP | One time | $15,450.00 | $0.06 |
| Attorney General review | Not reported | One time | $9,500.00 | $0.03 |
| Co bond counsel | Kassahn & Ortiz PC | One time | $38,296.88 | $0.14 |
| Co bond counsel | McCall Parkhurst & Horton LLP | One time | $167,687.50 | $0.61 |
| Co financial advisor | Estrada Hinojosa & Co Inc | One time | $77,387.50 | $0.28 |
| Co financial advisor | PFM Group | One time | $116,081.25 | $0.42 |
| Escrow agent | UMB Bank NA | One time | $500.00 | $0.00 |
| Other costs | Not reported | One time | $7,719.91 | $0.03 |
| Other costs | US Bank | One time | $300.00 | $0.00 |
| Paying agent and registrar | UMB Bank NA | Annual | $500.00 | $0.00 |
| Paying agent and registrar | UMB Bank NA | One time | $500.00 | $0.00 |
| Printing | ImageMaster LLC | One time | $2,690.00 | $0.01 |
| Rating agency | Fitch | One time | $95,000.00 | $0.35 |
| Rating agency | Moodys | One time | $108,000.00 | $0.39 |
| Rating agency | S&P | One time | $76,050.00 | $0.28 |
| Underwriter's spread: expenses | Not reported | One time | $57,466.18 | $0.21 |
| Underwriter's spread: takedown | Not reported | One time | $886,765.00 | $3.23 |
| Underwriter's counsel (paid by the underwriter) | Locke Lord LLP | One time | $50,000.00 | $0.18 |
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.