Metropolitan Transit Auth of Harris Co
Sale & Use Tax Contr Oblig Ser 2018
$89,300,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- December 20, 2018
- Fiscal year issued
- 2019
- Par amount
- $119,030,000
- New money / refunding
- $119,030,000 / $0
- Pledge
- Revenue
- Purpose
- Transportation
- Sale
- Negotiated
- Final maturity
- May 1, 2044
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $89,300,000 | $17,362,000 | $106,662,000 |
| 2024 | $100,530,000 | $22,107,750 | $122,637,750 |
| 2023 | $110,015,000 | $27,371,375 | $137,386,375 |
| 2022 | $119,030,000 | $33,097,500 | $152,127,500 |
| 2021 | $119,030,000 | $39,049,000 | $158,079,000 |
| 2020 | $119,030,000 | $45,000,500 | $164,030,500 |
| 2019 | $119,030,000 | $50,952,000 | $169,982,000 |
Costs of issuance
Download CSVOne-time costs reported: $992,368, or $8.34 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $9,500.00 | $0.08 |
| Bond counsel | Orrick Herrington & Sutcliffe LLP | One time | $110,000.00 | $0.92 |
| Co bond counsel | Powell & Leon LLP | One time | $35,000.00 | $0.29 |
| Co financial advisor | TKG & Associates LLC | One time | $19,847.03 | $0.17 |
| Contingency | Not reported | One time | $5,791.00 | $0.05 |
| Disclosure counsel | West & Associates LLP | One time | $75,000.00 | $0.63 |
| Financial advisor | PFM Group | One time | $68,361.98 | $0.57 |
| Other costs | Not reported | One time | $10,000.00 | $0.08 |
| Other costs | Not reported | One time | $2,500.00 | $0.02 |
| Paying agent and registrar | Wells Fargo Bank | One time | $6,500.00 | $0.05 |
| Printing | ImageMaster LLC | One time | $5,000.00 | $0.04 |
| Rating agency | Moodys | One time | $62,500.00 | $0.53 |
| Rating agency | S&P | One time | $75,000.00 | $0.63 |
| Underwriter's spread: expenses | Not reported | One time | $21,321.56 | $0.18 |
| Underwriter's spread: takedown | Not reported | One time | $436,046.25 | $3.66 |
| Underwriter's counsel (paid by the underwriter) | Baker Williams Matthiesen LLP | One time | $50,000.00 | $0.42 |
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.