Somerset Hills Road District 4
Unl Tax Road Bonds Txbl Ser 2022
$4,515,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- September 13, 2022
- Fiscal year issued
- 2023
- Par amount
- $4,750,000
- New money / refunding
- $4,750,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Transportation
- Sale
- Negotiated
- Final maturity
- August 15, 2047
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $4,515,000 | $3,181,375 | $7,696,375 |
| 2024 | $4,635,000 | $3,413,090 | $8,048,090 |
| 2023 | $4,750,000 | $3,649,290 | $8,399,290 |
Costs of issuance
Download CSVOne-time costs reported: $236,449, or $49.78 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| ATR form prep | McCall Parkhurst & Horton LLP | One time | $500.00 | $0.11 |
| Attorney General review | Not reported | One time | $4,750.00 | $1.00 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $47,500.00 | $10.00 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $250.00 | $0.05 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $500.00 | $0.11 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $750.00 | $0.16 |
| Bond insurance | Assured Guaranty Inc | One time | $84,997.63 | $17.89 |
| Contingency | Specialized Public Finance Inc | One time | $750.00 | $0.16 |
| Financial advisor | Specialized Public Finance Inc | One time | $47,500.00 | $10.00 |
| Underwriter's spread: management fee | Not reported | One time | $7,125.00 | $1.50 |
| Paying agent and registrar | BOKF NA | Annual | $400.00 | $0.08 |
| Printing | Ipreo LLC | One time | $1,125.00 | $0.24 |
| Printing | Specialized Public Finance Inc | One time | $5,000.00 | $1.05 |
| Underwriter's spread: expenses | Not reported | One time | $4,388.88 | $0.92 |
| Underwriter's spread: takedown | Not reported | One time | $23,312.50 | $4.91 |
| Underwriter's counsel (paid by the underwriter) | Orrick Herrington & Sutcliffe LLP | One time | $8,000.00 | $1.68 |
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.