Util Sys Rev Ref Bonds Ser 2018

$945,000 of principal outstanding at the end of fiscal year 2025.

Terms

Principal, interest and debt service outstanding at each reporting date
Fiscal year	Principal	Interest	Total debt service
2025	$945,000	$96,000	$1,041,000
2024	$1,230,000	$157,500	$1,387,500
2023	$1,500,000	$232,500	$1,732,500
2022	$1,755,000	$320,250	$2,075,250
2021	$2,000,000	$420,250	$2,420,250
2020	$2,235,000	$532,000	$2,767,000
2019	$2,455,000	$654,750	$3,109,750
2018	$2,665,000	$788,000	$3,453,000

One-time costs reported: $133,624, or $49.86 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
Cost	Paid to	Type	Amount	Per $1,000
Attorney General review	Not reported	One time	$2,680.00	$1.00
Bond counsel	Germer PLLC	One time	$29,900.00	$11.16
Bond insurance (paid by the underwriter)	Build America Mutual (BAM) Assurance Co	One time	$11,284.21	$4.21
Contingency	Not reported	One time	$4,196.88	$1.57
Financial advisor	US Capital Advisors LLC	One time	$52,950.00	$19.76
Underwriter's spread: management fee	Not reported	One time	$12,588.75	$4.70
Other costs	Wells Fargo Bank	One time	$500.00	$0.19
Paying agent and registrar	Bank of Texas NA	One time	$300.00	$0.11
Printing	ImageMaster LLC	One time	$1,906.53	$0.71
Rating agency	Moodys	One time	$12,500.00	$4.66
Underwriter's spread: expenses	Not reported	One time	$4,817.57	$1.80

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.