Time Warrants Ser 2016

$585,000 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	$585,000	$50,410	$635,410
2024	$675,000	$66,443	$741,443
2023	$760,000	$85,875	$845,875
2022	$840,000	$108,508	$948,508
2021	$920,000	$134,340	$1,054,340
2020	$1,000,000	$163,373	$1,163,373
2019	$1,000,000	$192,405	$1,192,405
2018	$1,000,000	$221,438	$1,221,438
2017	$1,000,000	$250,470	$1,250,470

One-time costs reported: $61,731, or $61.73 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	$1,000.00	$1.00
Bond counsel	Norton Rose Fulbright US LLP	One time	$6,750.00	$6.75
Bond insurance (paid by the underwriter)	Build America Mutual (BAM) Assurance Co	One time	$11,325.00	$11.33
Financial advisor	Hilltop Securities Inc	One time	$14,450.00	$14.45
Underwriter's spread: management fee	Not reported	One time	$255.75	$0.26
Paying agent and registrar	US Bank	Annual	$500.00	$0.50
Paying agent and registrar	US Bank	One time	$500.00	$0.50
Printing	Hilltop Securities Inc	One time	$2,800.00	$2.80
Printing	Ipreo LLC	One time	$800.00	$0.80
Rating agency	S&P	One time	$8,700.00	$8.70
Underwriter's spread: expenses	Not reported	One time	$8,544.22	$8.54
Underwriter's spread: takedown	Not reported	One time	$6,606.28	$6.61

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 4, 2026.

Texas fiscal years run September 1 to August 31.

Figures are as reported to the agency and have not been independently verified.