Terms
- Closing date
- June 4, 2019
- Fiscal year issued
- 2019
- Par amount
- $4,005,000
- New money / refunding
- $4,005,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- August 15, 2039
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $3,195,000 | $1,033,150 | $4,228,150 |
| 2024 | $3,365,000 | $1,162,450 | $4,527,450 |
| 2023 | $3,530,000 | $1,296,700 | $4,826,700 |
| 2022 | $3,690,000 | $1,435,750 | $5,125,750 |
| 2021 | $3,850,000 | $1,579,600 | $5,429,600 |
| 2020 | $4,005,000 | $1,728,100 | $5,733,100 |
| 2019 | $4,005,000 | $1,905,888 | $5,910,888 |
Costs of issuance
Download CSVOne-time costs reported: $131,989, or $32.96 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $4,005.00 | $1.00 |
| Bond counsel | Orrick Herrington & Sutcliffe LLP | One time | $15,000.00 | $3.75 |
| Bond insurance (paid by the underwriter) | Build America Mutual (BAM) Assurance Co | One time | $11,821.78 | $2.95 |
| Financial advisor | Government Capital Corp | One time | $55,250.00 | $13.80 |
| Underwriter's spread: management fee | Not reported | One time | $2,002.50 | $0.50 |
| Paying agent and registrar | UMB Bank NA | One time | $500.00 | $0.12 |
| Rating agency | S&P | One time | $12,500.00 | $3.12 |
| Underwriter's spread: expenses | Not reported | One time | $3,778.70 | $0.94 |
| Underwriter's spread: takedown | Not reported | One time | $19,631.25 | $4.90 |
| Underwriter's counsel | Naman Howell Smith & Lee PLLC | One time | $7,500.00 | $1.87 |
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.