Sys Second Tier Rev Ref Bonds Ser 2023B
$137,440,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- November 9, 2023
- Fiscal year issued
- 2024
- Par amount
- $137,440,000
- New money / refunding
- $0 / $137,440,000
- Pledge
- Revenue
- Purpose
- Refunding
- Sale
- Negotiated
- Final maturity
- July 1, 2031
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $137,440,000 | $36,684,250 | $174,124,250 |
| 2024 | $137,440,000 | $43,556,250 | $180,996,250 |
Costs of issuance
Download CSVOne-time costs reported: $1,048,177, or $7.63 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Accountant CPA | Crowe LLP | One time | $2,976.26 | $0.02 |
| Attorney General review | Not reported | One time | $9,500.00 | $0.07 |
| Co bond counsel | Locke Lord LLP | One time | $103,573.76 | $0.75 |
| Co bond counsel | McCall Parkhurst & Horton LLP | One time | Not reported | |
| Co disclosure counsel | Locke Lord LLP | One time | Not reported | |
| Co disclosure counsel | McCall Parkhurst & Horton LLP | One time | $106,151.80 | $0.77 |
| Co financial advisor | Estrada Hinojosa & Co Inc | One time | Not reported | |
| Co financial advisor | Hilltop Securities Inc | One time | $110,223.02 | $0.80 |
| Co financial advisor | RSI Group LLC | One time | Not reported | |
| Co underwriter counsel (paid by the underwriter) | Bracewell LLP | One time | $71,430.18 | $0.52 |
| Co underwriter counsel (paid by the underwriter) | West & Associates LLP | One time | Not reported | |
| Escrow verification | Public Finance Partners LLC | One time | $1,666.70 | $0.01 |
| Issuer counsel | Locke Lord LLP | One time | $19,048.05 | $0.14 |
| Other costs | CDM Smith Inc | One time | $37,067.03 | $0.27 |
| Paying agent and registrar | US Bank | One time | $1,047.64 | $0.01 |
| Printing | Garza Business Services Inc | One time | $1,523.84 | $0.01 |
| Rating agency | Moodys | One time | $44,048.61 | $0.32 |
| Rating agency | S&P | One time | $35,852.00 | $0.26 |
| Underwriter's spread: expenses | Not reported | One time | $23,028.08 | $0.17 |
| Underwriter's spread: takedown | Not reported | One time | $481,040.00 | $3.50 |
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.