VR MTN Ser 2020

$16,575,000 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	$16,575,000	$7,937,125	$24,512,125
2024	$16,575,000	$8,765,875	$25,340,875
2023	$16,575,000	$9,594,625	$26,169,625
2022	$16,975,000	$14,780,353	$31,755,353
2021	$16,975,000	$15,992,063	$32,967,063
2020	$17,390,000	$16,618,750	$34,008,750

One-time costs reported: $221,213, or $12.72 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	$0.55
Bond counsel	Norton Rose Fulbright US LLP	One time	$36,000.00	$2.07
Financial advisor	Hilltop Securities Inc	One time	$80,250.00	$4.61
Underwriter's spread: management fee	Not reported	One time	$5,217.00	$0.30
Paying agent and registrar	Bank of New York Mellon Trust Co	One time	$750.00	$0.04
Printing	Hilltop Securities Inc	One time	$1,200.00	$0.07
Printing	Ipreo LLC	One time	$800.00	$0.05
Rating agency	Moodys	One time	$23,000.00	$1.32
Underwriter's spread: expenses	Not reported	One time	$4,521.40	$0.26
Underwriter's spread: takedown	Not reported	One time	$43,475.00	$2.50
Trustee	Bank of New York Mellon Trust Co	One time	$1,500.00	$0.09
Underwriter's counsel (paid by the underwriter)	Orrick Herrington & Sutcliffe LLP	One time	$15,000.00	$0.86

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.