Comb Tax & Ltd Pledge Rev CO Ser 2023
$7,120,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- October 11, 2023
- Fiscal year issued
- 2024
- Par amount
- $8,820,000
- New money / refunding
- $8,820,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Water and sewer
- Sale
- Competitive
- Final maturity
- August 1, 2043
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $7,120,000 | $3,021,750 | $10,141,750 |
| 2024 | $7,405,000 | $3,348,838 | $10,753,838 |
Costs of issuance
Download CSVOne-time costs reported: $192,698, or $21.85 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $8,820.00 | $1.00 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $24,000.00 | $2.72 |
| Contingency | City of Watauga | One time | $2,760.21 | $0.31 |
| Financial advisor | SAMCO Capital Markets Inc | One time | $62,955.00 | $7.14 |
| Underwriter's spread: management fee | Not reported | One time | $18,768.64 | $2.13 |
| Paying agent and registrar | BOKF NA | One time | $400.00 | $0.05 |
| Paying agent and registrar | BOKF NA | Annual | $400.00 | $0.05 |
| Printing | Clements Printing Co LLC | One time | $1,250.00 | $0.14 |
| Rating agency | S&P | One time | $17,575.00 | $1.99 |
| Underwriter's spread: takedown | Not reported | One time | $56,168.75 | $6.37 |
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.