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Porter MUD

Unl Tax Bonds Ser 2022 (Hendricks Defined Area)

$7,110,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
September 20, 2022
Fiscal year issued
2023
Par amount
$7,260,000
New money / refunding
$7,260,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
Water and sewer
Sale
Competitive
Final maturity
March 1, 2051

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$7,110,000$5,621,350$12,731,350
2024$7,185,000$5,949,150$13,134,150
2023$7,260,000$6,283,700$13,543,700

Costs of issuance

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One-time costs reported: $713,310, or $98.25 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$7,260.00$1.00
Bond application reportA&S Engineers IncOne time$50,000.00$6.89
Bond counselYoung & BrooksOne time$186,500.00$25.69
Bond insurance (paid by the underwriter)Build America Mutual (BAM) Assurance CoOne time$290,400.00$40.00
CUSIPCUSIP Global ServicesOne time$956.00$0.13
Disclosure counselOrrick Herrington & Sutcliffe LLPOne time$8,000.00$1.10
Financial advisorBlitch Associates IncOne time$51,300.00$7.07
Paying agent and registrarBank of New York Mellon Trust CoAnnual$750.00$0.10
Printing1Vision IncOne time$5,500.00$0.76
Underwriter's spread: expensesNot reportedOne time$8,494.20$1.17
Underwriter's spread: takedownNot reportedOne time$86,750.00$11.95
TCEQTexas Commission on Environmental Quality (TCEQ)One time$18,150.00$2.50

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.