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Headwaters MUD

Unl Tax Road Bonds Ser 2021

$5,440,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
August 24, 2021
Fiscal year issued
2021
Par amount
$5,805,000
New money / refunding
$5,805,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
Transportation
Sale
Competitive
Final maturity
August 15, 2046

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$5,440,000$1,398,256$6,838,256
2024$5,625,000$1,526,056$7,151,056
2023$5,805,000$1,662,856$7,467,856
2022$5,805,000$1,799,656$7,604,656
2021$5,805,000$1,933,036$7,738,036

Costs of issuance

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One-time costs reported: $380,977, or $65.63 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
CostPaid toTypeAmountPer $1,000
Accountant CPAMunicipal Accounts & Consulting LPOne time$3,500.00$0.60
Attorney General reviewNot reportedOne time$5,805.00$1.00
Bond counselMcLean & Howard LLPOne time$93,050.00$16.03
Bond insurance (paid by the underwriter)Build America Mutual (BAM) Assurance CoOne time$57,800.00$9.96
ContingencyNot reportedOne time$750.00$0.13
CUSIPS&POne time$795.00$0.14
Disclosure counselMcCall Parkhurst & Horton LLPOne time$8,500.00$1.46
Financial advisorSpecialized Public Finance IncOne time$7,500.00$1.29
Financial advisorSpecialized Public Finance IncOne time$87,075.00$15.00
Underwriter's spread: management feeNot reportedOne time$8,707.50$1.50
Other costsSan Marcos Daily RecordOne time$184.31$0.03
Other costsWest Davis & CoOne time$13,000.00$2.24
Paying agent and registrarBOKF NAAnnual$400.00$0.07
PrintingIpreo LLCOne time$1,200.00$0.21
PrintingIsland PrintingOne time$600.00$0.10
PrintingSpecialized Public Finance IncOne time$5,000.00$0.86
Rating agencyS&POne time$15,750.00$2.71
Special tax counselMcCall Parkhurst & Horton LLPOne time$7,500.00$1.29
Underwriter's spread: expensesNot reportedOne time$6,791.85$1.17
Underwriter's spread: takedownNot reportedOne time$57,468.75$9.90

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.