Ltd Ad Valorem Tax Road Bonds Ser 2024
$12,395,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- December 17, 2024
- Fiscal year issued
- 2025
- Par amount
- $12,870,000
- New money / refunding
- $12,870,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Transportation
- Sale
- Negotiated
- Final maturity
- August 15, 2049
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $12,395,000 | $9,164,500 | $21,559,500 |
Costs of issuance
Download CSVOne-time costs reported: $546,470, or $42.46 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $9,500.00 | $0.74 |
| Bond counsel | Allen Boone Humphries Robinson LLP | One time | $116,850.00 | $9.08 |
| Bond insurance | Build America Mutual (BAM) Assurance Co | One time | $101,069.66 | $7.85 |
| Disclosure | Winstead PC | One time | $40,000.00 | $3.11 |
| Financial advisor | Hilltop Securities Inc | One time | $116,850.00 | $9.08 |
| Underwriter's spread: management fee | Not reported | One time | $41,245.70 | $3.20 |
| Paying agent and registrar | US Bank | Annual | $500.00 | $0.04 |
| Pos os posting | Ipreo LLC | One time | $6,500.00 | $0.51 |
| Rating agency | Moodys | One time | $27,000.00 | $2.10 |
| Underwriter's spread: expenses | Not reported | One time | $11,583.00 | $0.90 |
| Underwriter's spread: takedown | Not reported | One time | $59,912.50 | $4.66 |
| Underwriter's counsel | McCall Parkhurst & Horton LLP | One time | $15,958.80 | $1.24 |
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.