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Galveston County WCID 01

Unl Tax Bonds Ser 2022

$5,125,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
March 22, 2022
Fiscal year issued
2022
Par amount
$5,710,000
New money / refunding
$5,710,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
Water and sewer
Sale
Competitive
Final maturity
March 1, 2042

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$5,125,000$1,618,100$6,743,100
2024$5,330,000$1,811,300$7,141,300
2023$5,525,000$2,014,250$7,539,250
2022$5,710,000$2,214,072$7,924,072

Costs of issuance

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One-time costs reported: $298,465, or $52.27 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
CostPaid toTypeAmountPer $1,000
Attorney General reviewNot reportedOne time$5,710.00$1.00
Bond counselHunton Andrews Kurth LLPOne time$85,500.00$14.97
Bond insurance (paid by the underwriter)Build America Mutual (BAM) Assurance CoOne time$21,400.00$3.75
Financial advisorUS Capital Advisors LLCOne time$84,600.00$14.82
Underwriter's spread: management feeNot reportedOne time$5,424.50$0.95
Paying agent and registrarBOKF NAAnnual$400.00$0.07
Rating agencyS&POne time$16,250.00$2.85
Underwriter's spread: expensesNot reportedOne time$7,480.10$1.31
Underwriter's spread: takedownNot reportedOne time$71,600.00$12.54
TCEQTexas Commission on Environmental Quality (TCEQ)One time$500.00$0.09

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.