Util Sys Rev Ref Bonds New Ser 2022

$5,765,000 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	$5,765,000	$783,600	$6,548,600
2024	$6,830,000	$1,039,000	$7,869,000
2023	$7,850,000	$1,335,200	$9,185,200
2022	$8,850,000	$1,671,400	$10,521,400

One-time costs reported: $288,318, or $32.58 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	$8,850.00	$1.00
Bond counsel	Norton Rose Fulbright US LLP	One time	$55,780.00	$6.30
Bond insurance (paid by the underwriter)	Build America Mutual (BAM) Assurance Co	One time	$16,871.24	$1.91
Contingency	Not reported	One time	$3,225.79	$0.36
Escrow agent	BOKF NA	One time	$500.00	$0.06
Financial advisor	SAMCO Capital Markets Inc	One time	$89,742.50	$10.14
Underwriter's spread: management fee	Not reported	One time	$30,932.69	$3.50
Other costs	BOKF NA	One time	$500.00	$0.06
Paying agent and registrar	BOKF NA	Annual	$400.00	$0.05
Paying agent and registrar	BOKF NA	One time	$400.00	$0.05
Printing	Clements Printing Co LLC	One time	$1,250.00	$0.14
Rating agency	S&P	One time	$19,800.00	$2.24
Underwriter's spread: expenses	Not reported	One time	$7,522.50	$0.85
Underwriter's spread: takedown	Not reported	One time	$52,943.75	$5.98

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.