Spec Assessment Rev Bonds Txbl Ser 2020

$26,800,000 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	$26,800,000	$26,963,831	$53,763,831
2024	$27,220,000	$28,579,519	$55,799,519
2023	$27,625,000	$30,216,863	$57,841,863
2022	$28,010,000	$31,874,944	$59,884,944
2021	$28,010,000	$33,543,131	$61,553,131

One-time costs reported: $1,836,050, or $65.55 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	$9,500.00	$0.34
Bond counsel	Bracewell LLP	One time	$510,100.00	$18.21
Contingency	Not reported	One time	$5,000.00	$0.18
Financial advisor	Masterson Advisors LLC	One time	$440,150.00	$15.71
Other costs	P3Works LLC	One time	$20,000.00	$0.71
Printing	ImageMaster LLC	One time	$3,500.00	$0.13
Underwriter's spread: expenses	Not reported	One time	$5,798.27	$0.21
Underwriter's spread: takedown	Not reported	One time	$554,401.73	$19.79
Trustee	Wilmington Trust NA	One time	$1,500.00	$0.05
Trustee	Wilmington Trust NA	Annual	$4,500.00	$0.16
Trustee counsel	Naman Howell Smith & Lee PLLC	One time	$6,000.00	$0.21
Underwriter's counsel	Orrick Herrington & Sutcliffe LLP	One time	$280,100.00	$10.00

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.