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Somervell County WD

GO Bonds Ser 2023

$9,085,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
August 30, 2023
Fiscal year issued
2023
Par amount
$9,900,000
New money / refunding
$9,900,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
Water and sewer
Sale
Private placement
Final maturity
March 1, 2034

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$9,085,000$1,830,742$10,915,742
2024$9,900,000$2,231,325$12,131,325
2023$9,900,000$2,441,376$12,341,376

Costs of issuance

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One-time costs reported: $118,040, or $11.92 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$9,500.00$0.96
Bank counselJackson Walker LLPOne time$3,500.00$0.35
Bond counselMcCall Parkhurst & Horton LLPOne time$22,500.00$2.27
ContingencyNot reportedOne time$7,500.00$0.76
Financial advisorHilltop Securities IncOne time$73,650.00$7.44
MACNot reportedOne time$1,390.00$0.14
Paying agent and registrarRegions BankAnnual$750.00$0.08

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 4, 2026.

Texas fiscal years run September 1 to August 31.

Figures are as reported to the agency and have not been independently verified.