Contract Rev Bonds Ser 2022 (City of Sherman Proj)
$68,005,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- June 28, 2022
- Fiscal year issued
- 2022
- Par amount
- $68,005,000
- New money / refunding
- $68,005,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Competitive
- Final maturity
- April 1, 2053
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $68,005,000 | $52,652,675 | $120,657,675 |
| 2024 | $68,005,000 | $55,496,825 | $123,501,825 |
| 2023 | $68,005,000 | $58,340,975 | $126,345,975 |
| 2022 | $68,005,000 | $60,497,789 | $128,502,789 |
Costs of issuance
Download CSVOne-time costs reported: $1,241,390, or $18.25 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 | $0.14 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $71,003.75 | $1.04 |
| Bond insurance (paid by the underwriter) | Assured Guaranty Inc | One time | $211,169.00 | $3.11 |
| Contingency | Not reported | One time | $750.00 | $0.01 |
| CUSIP | S&P | One time | $956.00 | $0.01 |
| Financial advisor | Specialized Public Finance Inc | One time | $950.00 | $0.01 |
| Financial advisor | Specialized Public Finance Inc | One time | $127,756.25 | $1.88 |
| Financial advisor | Specialized Public Finance Inc | One time | $14,500.00 | $0.21 |
| Underwriter's spread: management fee | Not reported | One time | $106,827.08 | $1.57 |
| Paying agent and registrar | BOKF NA | One time | $600.00 | $0.01 |
| Paying agent and registrar | BOKF NA | Annual | $600.00 | $0.01 |
| Printing | Ipreo LLC | One time | $1,200.00 | $0.02 |
| Printing | Island Printing | One time | $620.00 | $0.01 |
| Printing | Specialized Public Finance Inc | One time | $5,000.00 | $0.07 |
| Rating agency | S&P | One time | $38,250.00 | $0.56 |
| Underwriter's spread: expenses | Not reported | One time | $41,451.45 | $0.61 |
| Underwriter's spread: takedown | Not reported | One time | $610,856.27 | $8.98 |
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.