Somerset Hills Road District 4
Unl Tax Road Bonds Txbl Ser 2023
$2,270,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- September 12, 2023
- Fiscal year issued
- 2024
- Par amount
- $2,595,000
- New money / refunding
- $2,595,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Transportation
- Sale
- Negotiated
- Final maturity
- August 15, 2048
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $2,270,000 | $1,744,088 | $4,014,088 |
| 2024 | $2,440,000 | $1,874,000 | $4,314,000 |
Costs of issuance
Download CSVOne-time costs reported: $118,355, or $45.61 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 | $0.19 |
| Attorney General review | Not reported | One time | $2,595.00 | $1.00 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $250.00 | $0.10 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $25,950.00 | $10.00 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $750.00 | $0.29 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $750.00 | $0.29 |
| Bond insurance | Assured Guaranty Inc | One time | $26,117.59 | $10.06 |
| Contingency | McCall Parkhurst & Horton LLP | One time | $500.00 | $0.19 |
| Financial advisor | Specialized Public Finance Inc | One time | $25,950.00 | $10.00 |
| Underwriter's spread: management fee | Not reported | One time | $4,541.25 | $1.75 |
| Paying agent and registrar | BOKF NA | Annual | $400.00 | $0.15 |
| Printing | Ipreo LLC | One time | $1,000.00 | $0.39 |
| Printing | Specialized Public Finance Inc | One time | $5,000.00 | $1.93 |
| Underwriter's spread: expenses | Not reported | One time | $3,976.36 | $1.53 |
| Underwriter's spread: takedown | Not reported | One time | $12,975.00 | $5.00 |
| Underwriter's counsel (paid by the underwriter) | Orrick Herrington & Sutcliffe LLP | One time | $7,500.00 | $2.89 |
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.