Util Sys Rev Ref Bonds New Ser 2020

$1,950,000 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	$1,950,000	$137,025	$2,087,025
2024	$2,415,000	$185,850	$2,600,850
2023	$3,225,000	$253,800	$3,478,800
2022	$4,020,000	$345,825	$4,365,825
2021	$4,565,000	$457,950	$5,022,950

One-time costs reported: $189,019, or $41.41 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	$4,565.00	$1.00
Bond counsel	Kelly Hart & Hallman LLP	One time	$25,750.00	$5.64
Bond insurance	Assured Guaranty Inc	One time	$21,092.95	$4.62
Escrow agent	BOKF NA	One time	$500.00	$0.11
Financial advisor	Hilltop Securities Inc	One time	$78,723.21	$17.25
Underwriter's spread: management fee	Not reported	One time	$4,565.00	$1.00
Paying agent and registrar	BOKF NA	One time	$350.00	$0.08
Paying agent and registrar	BOKF NA	Annual	$350.00	$0.08
Rating agency	S&P	One time	$19,000.00	$4.16
Underwriter's spread: expenses	Not reported	One time	$3,829.09	$0.84
Underwriter's spread: takedown	Not reported	One time	$22,143.75	$4.85
Underwriter's counsel (paid by the underwriter)	McCall Parkhurst & Horton LLP	One time	$8,500.00	$1.86

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.