Tax Notes Ser 2020

$5,760,000 of principal outstanding at the end of fiscal year 2025.

Terms

Principal, interest and debt service outstanding at each reporting date
Fiscal year	Principal	Interest	Total debt service
2025	$5,760,000	$347,800	$6,107,800
2024	$8,475,000	$686,800	$9,161,800
2023	$11,085,000	$1,130,200	$12,215,200
2022	$13,595,000	$1,674,000	$15,269,000
2021	$16,010,000	$2,314,400	$18,324,400
2020	$18,330,000	$3,047,600	$21,377,600

One-time costs reported: $221,944, or $12.11 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	$9,500.00	$0.52
Bond counsel	Norton Rose Fulbright US LLP	One time	$30,000.00	$1.64
Contingency	Not reported	One time	$1,175.00	$0.06
Financial advisor	Hilltop Securities Inc	One time	$57,950.00	$3.16
Underwriter's spread: management fee	Not reported	One time	$18,330.00	$1.00
Paying agent and registrar	US Bank	One time	$450.00	$0.02
Paying agent and registrar	US Bank	Annual	$450.00	$0.02
Printing	Hilltop Securities Inc	One time	$450.00	$0.02
Printing	Ipreo LLC	One time	$500.00	$0.03
Rating agency	Moodys	One time	$13,975.00	$0.76
Rating agency	S&P	One time	$14,000.00	$0.76
Underwriter's spread: expenses	Not reported	One time	$6,767.29	$0.37
Underwriter's spread: takedown	Not reported	One time	$59,681.25	$3.26
Underwriter's counsel (paid by the underwriter)	Bracewell LLP	One time	$9,165.00	$0.50

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.