Vehicle Registration Fee Rev Ref Bonds Ser 2014

Last reported in fiscal year 2021, with $960,000 of principal then outstanding.

Terms

Principal, interest and debt service outstanding at each reporting date
Fiscal year	Principal	Interest	Total debt service
2021	$960,000	$10,800	$970,800
2020	$1,900,000	$42,975	$1,942,975
2019	$2,820,000	$94,925	$2,914,925
2018	$3,725,000	$165,125	$3,890,125
2017	$4,610,000	$253,225	$4,863,225
2016	$5,475,000	$358,825	$5,833,825

One-time costs reported: $164,411, or $25.99 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	$6,325.00	$1.00
Bond counsel	Bracewell LLP	One time	$39,000.00	$6.17
Bond insurance	None	One time	$0.00	$0.00
Cobond counsel	Lucio Group PLLC	One time	$5,000.00	$0.79
Contingency	Not reported	One time	$4,897.55	$0.77
Escrow agent	Bank of New York Mellon Trust Co	One time	$750.00	$0.12
Escrow verification	Grant Thornton LLP	One time	$1,750.00	$0.28
Financial advisor	Estrada Hinojosa & Co Inc	One time	$60,144.24	$9.51
Underwriter's spread: management fee	Not reported	One time	$6,325.00	$1.00
Paying agent and registrar	Bank of New York Mellon Trust Co	One time	$750.00	$0.12
Printing	Not reported	One time	$2,500.00	$0.40
Rating agency	S&P	One time	$15,000.00	$2.37
Underwriter's spread: expenses	Not reported	One time	$2,591.85	$0.41
Underwriter's spread: takedown	Not reported	One time	$10,752.00	$1.70
Trustee	Bank of New York Mellon Trust Co	One time	$3,625.00	$0.57
Underwriter's counsel (paid by the underwriter)	Winstead PC	One time	$5,000.00	$0.79

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.