Contract Rev Bonds Ser 2021 (City of Sherman Proj)
$8,875,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- April 13, 2021
- Fiscal year issued
- 2021
- Par amount
- $9,685,000
- New money / refunding
- $9,685,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Competitive
- Final maturity
- April 1, 2047
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $8,875,000 | $2,282,081 | $11,157,081 |
| 2024 | $9,155,000 | $2,508,131 | $11,663,131 |
| 2023 | $9,425,000 | $2,745,181 | $12,170,181 |
| 2022 | $9,685,000 | $2,992,831 | $12,677,831 |
| 2021 | $9,685,000 | $3,237,253 | $12,922,253 |
Costs of issuance
Download CSVOne-time costs reported: $296,444, or $30.61 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 | $0.98 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $72,700.00 | $7.51 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $500.00 | $0.05 |
| Bond insurance (paid by the underwriter) | Build America Mutual (BAM) Assurance Co | One time | $41,064.40 | $4.24 |
| Contingency | Not reported | One time | $750.00 | $0.08 |
| CUSIP | S&P | One time | $847.00 | $0.09 |
| Financial advisor | Specialized Public Finance Inc | One time | $45,147.50 | $4.66 |
| Financial advisor | Specialized Public Finance Inc | One time | $7,500.00 | $0.77 |
| Financial advisor | Specialized Public Finance Inc | One time | $5,000.00 | $0.52 |
| Underwriter's spread: management fee | Not reported | One time | $11,837.85 | $1.22 |
| Paying agent and registrar | BOKF NA | Annual | $600.00 | $0.06 |
| Paying agent and registrar | BOKF NA | One time | $600.00 | $0.06 |
| Printing | Ipreo LLC | One time | $1,200.00 | $0.12 |
| Printing | Island Printing | One time | $600.00 | $0.06 |
| Rating agency | S&P | One time | $19,125.00 | $1.97 |
| Underwriter's spread: expenses | Not reported | One time | $3,389.82 | $0.35 |
| Underwriter's spread: takedown | Not reported | One time | $76,682.50 | $7.92 |
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.