Spec Assessment Rev Bonds Ser 2022 (Somerset PID 1)

$11,533,000 of principal outstanding at the end of fiscal year 2025.

Terms

Principal, interest and debt service outstanding at each reporting date
Fiscal year	Principal	Interest	Total debt service
2025	$11,533,000	$9,881,528	$21,414,528
2024	$11,735,000	$10,474,228	$22,209,228
2023	$11,735,000	$11,071,347	$22,806,347
2022	$11,735,000	$11,691,687	$23,426,687

One-time costs reported: $930,450, or $79.29 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
Cost	Paid to	Type	Amount	Per $1,000
Attorney General review	Not reported	One time	$9,500.00	$0.81
Bond counsel	McCall Parkhurst & Horton LLP	One time	$238,700.00	$20.34
Contingency	Not reported	One time	$5,000.00	$0.43
Financial advisor	SAMCO Capital Markets Inc	One time	$234,700.00	$20.00
Other costs	Flato Realty Advisors LLC	One time	$15,000.00	$1.28
Other costs	MuniCap Inc	One time	$60,000.00	$5.11
Other costs	UMB Bank NA	One time	$1,000.00	$0.09
Printing	ImageMaster LLC	One time	$3,500.00	$0.30
Underwriter's spread: expenses	Not reported	One time	$3,250.00	$0.28
Underwriter's spread: takedown	Not reported	One time	$231,450.00	$19.72
Trustee	UMB Bank NA	One time	$1,000.00	$0.09
Trustee	UMB Bank NA	Annual	$3,500.00	$0.30
Trustee counsel	Locke Lord LLP	One time	$10,000.00	$0.85
Underwriter's counsel (paid by the underwriter)	Orrick Herrington & Sutcliffe LLP	One time	$117,350.00	$10.00

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.