Tax Notes Ser 2018

Last reported in fiscal year 2020, with $3,230,000 of principal then outstanding.

Terms

Principal, interest and debt service outstanding at each reporting date
Fiscal year	Principal	Interest	Total debt service
2020	$3,230,000	$386,250	$3,616,250
2019	$3,300,000	$515,800	$3,815,800

One-time costs reported: $120,345, or $35.71 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	$3,370.00	$1.00
Bond counsel	Norton Rose Fulbright US LLP	One time	$11,620.00	$3.45
Bond insurance	Municipal Assurance Corp	One time	$6,403.15	$1.90
Contingency	Not reported	One time	$231.88	$0.07
Financial advisor	Hilltop Securities Inc	One time	$62,744.00	$18.62
Underwriter's spread: management fee	Not reported	One time	$3,370.00	$1.00
Paying agent and registrar	US Bank	One time	$500.00	$0.15
Printing	Hilltop Securities Inc	One time	$1,685.00	$0.50
Rating agency	S&P	One time	$9,773.00	$2.90
Underwriter's spread: expenses	Not reported	One time	$2,261.27	$0.67
Underwriter's spread: takedown	Not reported	One time	$13,331.25	$3.96
Underwriter's counsel (paid by the underwriter)	Locke Lord LLP	One time	$5,055.00	$1.50

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.