Wtr Sys Rev Ref & Impr Bonds Ser 2025
$868,650,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- July 23, 2025
- Fiscal year issued
- 2025
- Par amount
- $868,650,000
- New money / refunding
- $395,430,000 / $473,220,000
- Pledge
- Revenue
- Purpose
- General purpose
- Sale
- Negotiated
- Final maturity
- March 1, 2056
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $868,650,000 | $672,037,535 | $1,540,687,535 |
Costs of issuance
Download CSVOne-time costs reported: $5,656,959, or $6.51 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 | $0.01 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $978,340.00 | $1.13 |
| Escrow agent | Bank of New York Mellon Trust Co | One time | $750.00 | $0.00 |
| Financial advisor | Hilltop Securities Inc | One time | $706,442.50 | $0.81 |
| Underwriter's spread: management fee | Not reported | One time | $40,000.00 | $0.05 |
| Other costs | Not reported | One time | $2,500.00 | $0.00 |
| Other costs | US Bank | One time | $500.00 | $0.00 |
| Paying agent and registrar | Bank of New York Mellon Trust Co | One time | $750.00 | $0.00 |
| Rating agency | Moodys | One time | $130,000.00 | $0.15 |
| Rating agency | S&P | One time | $116,025.00 | $0.13 |
| Underwriter's spread: expenses | Not reported | One time | $103,250.00 | $0.12 |
| Underwriter's spread: takedown | Not reported | One time | $3,308,306.25 | $3.81 |
| Underwriter's counsel | Bracewell LLP | One time | $260,595.00 | $0.30 |
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.