Joint Rev Ref & Impr Bonds Ser 2023B (Non-AMT)
$668,000,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- September 12, 2023
- Fiscal year issued
- 2024
- Par amount
- $691,305,000
- New money / refunding
- $193,275,000 / $498,030,000
- Pledge
- Revenue
- Purpose
- Economic development
- Sale
- Negotiated
- Final maturity
- May 1, 2048
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $668,000,000 | $303,452,750 | $971,452,750 |
| 2024 | $691,305,000 | $337,435,375 | $1,028,740,375 |
Costs of issuance
Download CSVOne-time costs reported: $4,448,517, or $6.43 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $250,000.00 | $0.36 |
| Co bond counsel | West & Associates LLP | One time | $134,500.00 | $0.19 |
| Co disclosure counsel | Hardwick Law Firm LLC | One time | $87,000.00 | $0.13 |
| Co financial advisor | Hilltop Securities Inc | One time | $306,387.00 | $0.44 |
| Contingency | Not reported | One time | $30,232.00 | $0.04 |
| Co underwriter counsel | Escamilla & Poneck LLP | One time | $113,750.00 | $0.16 |
| Disclosure counsel | Bracewell LLP | One time | $310,000.00 | $0.45 |
| Financial advisor | Estrada Hinojosa & Co Inc | One time | $131,309.00 | $0.19 |
| Financial advisor | Hilltop Securities Inc | One time | $15,000.00 | $0.02 |
| Other costs | Not reported | One time | $2,500.00 | $0.00 |
| Paying agent and registrar | US Bank | One time | $4,050.00 | $0.01 |
| Printing | Garza Business Services Inc | One time | $6,000.00 | $0.01 |
| Rating agency | Fitch | One time | $94,398.00 | $0.14 |
| Rating agency | Kroll | One time | $117,823.00 | $0.17 |
| Rating agency | Moodys | One time | $73,421.00 | $0.11 |
| Rating agency | S&P | One time | $52,444.00 | $0.08 |
| Underwriter's spread: expenses | Not reported | One time | $88,885.46 | $0.13 |
| Underwriter's spread: takedown | Not reported | One time | $2,419,567.50 | $3.50 |
| Underwriter's counsel | Kelly Hart & Hallman LLP | One time | $211,250.00 | $0.31 |
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.