Util Sys Rev Bonds Ser 2024
$7,620,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- April 23, 2024
- Fiscal year issued
- 2024
- Par amount
- $7,620,000
- New money / refunding
- $7,620,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Competitive
- Final maturity
- August 1, 2040
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $7,620,000 | $2,697,750 | $10,317,750 |
| 2024 | $7,620,000 | $3,035,450 | $10,655,450 |
Costs of issuance
Download CSVOne-time costs reported: $277,503, or $36.42 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $7,620.00 | $1.00 |
| Bond counsel | Naman Howell Smith & Lee PLLC | One time | $25,000.00 | $3.28 |
| Bond insurance (paid by the underwriter) | Build America Mutual (BAM) Assurance Co | One time | $80,500.00 | $10.56 |
| CUSIP | Not reported | One time | $657.00 | $0.09 |
| Disclosure counsel | Orrick Herrington & Sutcliffe LLP | One time | $8,000.00 | $1.05 |
| Financial advisor | Blitch Associates Inc | One time | $43,350.00 | $5.69 |
| Underwriter's spread: management fee | Not reported | One time | $8,763.00 | $1.15 |
| Paying agent and registrar | UMB Bank NA | One time | $500.00 | $0.07 |
| Paying agent and registrar | UMB Bank NA | Annual | $500.00 | $0.07 |
| Printing | Ipreo LLC | One time | $3,500.00 | $0.46 |
| Underwriter's spread: expenses | Not reported | One time | $8,763.00 | $1.15 |
| Underwriter's spread: takedown | Not reported | One time | $90,850.00 | $11.92 |
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.