Metropolitan Transit Auth of Harris Co
Sales & Use Tax Ref Contr Oblig Ser 2016B
$19,500,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- April 27, 2016
- Fiscal year issued
- 2016
- Par amount
- $25,635,000
- New money / refunding
- $0 / $25,635,000
- Pledge
- Revenue
- Purpose
- Refunding
- Sale
- Negotiated
- Final maturity
- May 1, 2034
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $19,500,000 | $4,508,963 | $24,008,963 |
| 2024 | $21,185,000 | $5,492,263 | $26,677,263 |
| 2023 | $22,785,000 | $6,557,688 | $29,342,688 |
| 2022 | $22,785,000 | $7,663,113 | $30,448,113 |
| 2021 | $24,245,000 | $8,805,038 | $33,050,038 |
| 2020 | $25,635,000 | $10,018,213 | $35,653,213 |
| 2019 | $25,635,000 | $11,266,138 | $36,901,138 |
| 2018 | $25,635,000 | $12,514,063 | $38,149,063 |
| 2017 | $25,635,000 | $13,761,988 | $39,396,988 |
| 2016 | $25,635,000 | $15,023,778 | $40,658,778 |
Costs of issuance
Download CSVOne-time costs reported: $301,642, or $11.77 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 | $0.37 |
| Bond counsel | Andrews & Kurth LLP | One time | $25,317.69 | $0.99 |
| Bond insurance | None | One time | $0.00 | $0.00 |
| Contingency | Not reported | One time | $317.54 | $0.01 |
| Disclosure counsel | Escamilla & Poneck LLP | One time | $37,750.00 | $1.47 |
| Escrow agent | Wells Fargo Bank | One time | $2,000.00 | $0.08 |
| Escrow verification | Causey Demgen & Moore PC | One time | $1,425.00 | $0.06 |
| Financial advisor | PFM Group | One time | $34,190.50 | $1.33 |
| Other costs | Not reported | One time | $19,500.00 | $0.76 |
| Paying agent and registrar | Wells Fargo Bank | One time | $6,500.00 | $0.25 |
| Printing | Ipreo LLC | One time | $506.35 | $0.02 |
| Rating agency (paid by the underwriter) | Moodys | One time | $14,515.47 | $0.57 |
| Rating agency (paid by the underwriter) | S&P | One time | $13,477.45 | $0.53 |
| Underwriter's spread: expenses | Not reported | One time | $12,372.85 | $0.48 |
| Underwriter's spread: takedown | Not reported | One time | $99,268.75 | $3.87 |
| Underwriter's counsel (paid by the underwriter) | Greenberg Traurig LLP | One time | $25,000.00 | $0.98 |
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.