Unl Tax Ref Bonds Ser 2025
$40,255,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Par amount
- $40,255,000
- Final maturity
- 8/15/2041
- New money / refunding
- New money Not reportedRefunding $40,255,000
- Closing date
- 7/1/2025
- Purpose
- Refunding
- Sale
- Negotiated
- Pledge
- Tax supported
- Fiscal year issued
- 2025
Changes in BRB's data
No changes since this site began recording on October 6, 2026.
Source: BRB data loads; as of 10/18/2026.
Finance team
Download CSV| Role? | Firm? | Fees paid? |
|---|---|---|
| Underwriter | Jefferies Financial Group | $194,017 Paid by the underwriter |
| Financial advisor | Specialized Public Finance Inc | $59,847 |
| Bond counsel | McCall Parkhurst & Horton LLP | $48,005 |
| Underwriter's counsel | Orrick Herrington & Sutcliffe LLP | $20,128 Paid by the underwriter |
| Rating agency | S&P | $34,245 |
| Paying agent, trustee and escrow | Bank of New York Mellon Trust Co | $2,000 |
| Paying agent, trustee and escrow | Public Finance Partners LLC | $2,500 |
| State review and filing fees | McCall Parkhurst & Horton LLP | $750 |
| Printing, disclosure and data services | Ipreo LLC | $1,200 |
| Engineers, accountants and other consultants | McCall Parkhurst & Horton LLP | $500 |
| Other costs | Specialized Public Finance Inc | $8,591 |
From the costs of issuance reported to BRB. A firm that was not paid a reported fee is not listed.
Debt outstanding by fiscal year
Fiscal year 2025
- Principal
- Interest
| Fiscal year? | Principal? | Interest? | Total debt service? |
|---|---|---|---|
| Fiscal year2025 | Principal$40,255,000 | Interest$17,210,625 | Total debt service$57,465,625 |
Costs of issuance
Download CSVOne-time costs to the issuer: $166,388, or $4.13 per $1,000 of par.
Shown below but not added: $214,144 paid by the underwriter.
Annual fees: $750.
| Cost? | Paid to? | Type? | Amount? | Per $1,000? |
|---|---|---|---|---|
| CostBond counsel 3 fees | 28.9% of the issuer's costs | Subtotal $48,005 | Per $1,000$1.19 | |
| Similar issues: median $1.41 per $1,000 | ||||
| CostBond counsel | Paid toMcCall Parkhurst & Horton LLP | TypeOne time | Amount$46,755.00 | Per $1,000$1.16 |
| CostBond counsel expense | Paid toMcCall Parkhurst & Horton LLP | TypeOne time | Amount$1,000.00 | Per $1,000$0.02 |
| CostBond preparation fee | Paid toMcCall Parkhurst & Horton LLP | TypeOne time | Amount$250.00 | Per $1,000$0.01 |
| CostFinancial advisor 2 fees | 36.0% of the issuer's costs | Subtotal $59,847 | Per $1,000$1.49 | |
| Similar issues: median $2.29 per $1,000 | ||||
| CostComputer structuring fee | Paid toSpecialized Public Finance Inc | TypeOne time | Amount$6,000.00 | Per $1,000$0.15 |
| CostFinancial advisor | Paid toSpecialized Public Finance Inc | TypeOne time | Amount$53,846.88 | Per $1,000$1.34 |
| CostUnderwriter 3 fees | Subtotal $194,017 | Per $1,000Not added | ||
| CostUnderwriter's spread: expenses Counted as: Paid by the underwriter: shown, not added | Paid toJefferies Financial Group | TypeOne time | Amount$15,425.03 | Per $1,000$0.38 |
| CostUnderwriter's spread: management fee Counted as: Paid by the underwriter: shown, not added | Paid toJefferies Financial Group | TypeOne time | Amount$34,216.75 | Per $1,000$0.85 |
| CostUnderwriter's spread: takedown Counted as: Paid by the underwriter: shown, not added | Paid toJefferies Financial Group | TypeOne time | Amount$144,375.00 | Per $1,000$3.59 |
| CostUnderwriter's counsel 1 fee | Subtotal $20,128 | Per $1,000Not added | ||
| CostUnderwriter's counsel Counted as: Paid by the underwriter: shown, not added | Paid toOrrick Herrington & Sutcliffe LLP | TypeOne time | Amount$20,127.50 | Per $1,000$0.50 |
| CostRating agency 1 fee | 20.6% of the issuer's costs | Subtotal $34,245 | Per $1,000$0.85 | |
| Similar issues: median $0.82 per $1,000 | ||||
| CostRating agency | Paid toS&P | TypeOne time | Amount$34,245.00 | Per $1,000$0.85 |
| CostOther 10 fees | 14.6% of the issuer's costs | Subtotal $24,291 | Per $1,000$0.60 | |
| Similar issues: median $0.43 per $1,000 | ||||
| CostATR form prep | Paid toMcCall Parkhurst & Horton LLP | TypeOne time | Amount$500.00 | Per $1,000$0.01 |
| CostAttorney General review | Paid toNot reported | TypeOne time | Amount$9,500.00 | Per $1,000$0.24 |
| CostEscrow agent | Paid toBank of New York Mellon Trust Co | TypeOne time | Amount$1,250.00 | Per $1,000$0.03 |
| CostEscrow verification | Paid toPublic Finance Partners LLC | TypeOne time | Amount$2,500.00 | Per $1,000$0.06 |
| CostIRS Form 8038 filing fee | Paid toMcCall Parkhurst & Horton LLP | TypeOne time | Amount$750.00 | Per $1,000$0.02 |
| CostOther costs | Paid toSpecialized Public Finance Inc | TypeOne time | Amount$2,091.38 | Per $1,000$0.05 |
| CostOther costs | Paid toSpecialized Public Finance Inc | TypeOne time | Amount$5,000.00 | Per $1,000$0.12 |
| CostOther costs | Paid toSpecialized Public Finance Inc | TypeOne time | Amount$1,500.00 | Per $1,000$0.04 |
| CostPaying agent and registrar Counted as: Annual fee: not added | Paid toBank of New York Mellon Trust Co | TypeAnnual | Amount$750.00 | Per $1,000$0.02 |
| CostPOS/OS posting | Paid toIpreo LLC | TypeOne time | Amount$1,200.00 | Per $1,000$0.03 |
| CostTotal, 20 fees | Amount$381,283 | Per $1,000 | ||
| CostCosts to the issuer | Amount$166,388 | Per $1,000$4.13 | ||
Bond counsel 3 fees28.9%$48,005$1.19 per $1,000Similar issues: median $1.41 per $1,000
- Cost
- Bond counsel
- Paid to
- McCall Parkhurst & Horton LLP
- Type
- One time
- Amount
- $46,755.00
- Per $1,000
- $1.16
- Cost
- Bond counsel expense
- Paid to
- McCall Parkhurst & Horton LLP
- Type
- One time
- Amount
- $1,000.00
- Per $1,000
- $0.02
- Cost
- Bond preparation fee
- Paid to
- McCall Parkhurst & Horton LLP
- Type
- One time
- Amount
- $250.00
- Per $1,000
- $0.01
Financial advisor 2 fees36.0%$59,847$1.49 per $1,000Similar issues: median $2.29 per $1,000
- Cost
- Computer structuring fee
- Paid to
- Specialized Public Finance Inc
- Type
- One time
- Amount
- $6,000.00
- Per $1,000
- $0.15
- Cost
- Financial advisor
- Paid to
- Specialized Public Finance Inc
- Type
- One time
- Amount
- $53,846.88
- Per $1,000
- $1.34
Underwriter 3 fees$194,017Not added
- Cost
- Underwriter's spread: expenses
Counted as: Paid by the underwriter: shown, not added - Paid to
- Jefferies Financial Group
- Type
- One time
- Amount
- $15,425.03
- Per $1,000
- $0.38
- Cost
- Underwriter's spread: management fee
Counted as: Paid by the underwriter: shown, not added - Paid to
- Jefferies Financial Group
- Type
- One time
- Amount
- $34,216.75
- Per $1,000
- $0.85
- Cost
- Underwriter's spread: takedown
Counted as: Paid by the underwriter: shown, not added - Paid to
- Jefferies Financial Group
- Type
- One time
- Amount
- $144,375.00
- Per $1,000
- $3.59
Underwriter's counsel 1 fee$20,128Not added
- Cost
- Underwriter's counsel
Counted as: Paid by the underwriter: shown, not added - Paid to
- Orrick Herrington & Sutcliffe LLP
- Type
- One time
- Amount
- $20,127.50
- Per $1,000
- $0.50
Rating agency 1 fee20.6%$34,245$0.85 per $1,000Similar issues: median $0.82 per $1,000
- Cost
- Rating agency
- Paid to
- S&P
- Type
- One time
- Amount
- $34,245.00
- Per $1,000
- $0.85
Other 10 fees14.6%$24,291$0.60 per $1,000Similar issues: median $0.43 per $1,000
- Cost
- ATR form prep
- Paid to
- McCall Parkhurst & Horton LLP
- Type
- One time
- Amount
- $500.00
- Per $1,000
- $0.01
- Cost
- Attorney General review
- Paid to
- Not reported
- Type
- One time
- Amount
- $9,500.00
- Per $1,000
- $0.24
- Cost
- Escrow agent
- Paid to
- Bank of New York Mellon Trust Co
- Type
- One time
- Amount
- $1,250.00
- Per $1,000
- $0.03
- Cost
- Escrow verification
- Paid to
- Public Finance Partners LLC
- Type
- One time
- Amount
- $2,500.00
- Per $1,000
- $0.06
- Cost
- IRS Form 8038 filing fee
- Paid to
- McCall Parkhurst & Horton LLP
- Type
- One time
- Amount
- $750.00
- Per $1,000
- $0.02
- Cost
- Other costs
- Paid to
- Specialized Public Finance Inc
- Type
- One time
- Amount
- $2,091.38
- Per $1,000
- $0.05
- Cost
- Other costs
- Paid to
- Specialized Public Finance Inc
- Type
- One time
- Amount
- $5,000.00
- Per $1,000
- $0.12
- Cost
- Other costs
- Paid to
- Specialized Public Finance Inc
- Type
- One time
- Amount
- $1,500.00
- Per $1,000
- $0.04
- Cost
- Paying agent and registrar
Counted as: Annual fee: not added - Paid to
- Bank of New York Mellon Trust Co
- Type
- Annual
- Amount
- $750.00
- Per $1,000
- $0.02
- Cost
- POS/OS posting
- Paid to
- Ipreo LLC
- Type
- One time
- Amount
- $1,200.00
- Per $1,000
- $0.03
- Total, 20 fees
- $381,283
- Costs to the issuer
- $166,388$4.13 per $1,000
Per $1,000 is computed here from each amount and the par. Subtotals and totals are rounded to the whole dollar.
How these costs are counted
- Net spread counted once. Takedown, management fee, spread expenses and underwriting risk make up the underwriter's spread. Where an issue reports an amount for any of them, its row for the underwriter's net spread (the same spread as one figure) is shown as a cross-check and not added.
- Paid by the underwriter: shown, not added to the issuer's costs. Rows BRB's table marks as paid by the underwriter (whether the underwriter paid the fee) are shown and count in the fees paid to that firm and role, but not in the issuer's one-time costs, per-$1,000 figures or medians.
- The issuer's one-time costs add every other one-time row: not annual fees, not rows paid by the underwriter, not the cross-check. Per $1,000 of par divides them by the issue's par and multiplies by 1,000 (computed here).
- Missing, zero and negative amounts. A row with no amount shows "Not reported" and is added to nothing. A reported $0 counts as $0, in sums and medians. A negative amount is added as reported; where a role's or firm's one-time costs on an issue come to less than $0, that issue is left out of the medians.
- Similar issues. The median per $1,000 of par for that group across other issues by the same type of issuer, with the same pledge, sold the same way, a par half to twice this one's and a fiscal year within 3 years, shown when at least 5 report it.
- Per $1,000 on each row is computed here from its amount and the par, not taken from BRB's rounded figure.
EMMA links are added as each issue is matched.
Source: Local Issuance Fee By Year (updated by the publisher 10/6/2026); Debt Outstanding By Issuance Local By Year (updated by the publisher 9/9/2026). Loaded here 10/18/2026.
Texas fiscal years run September 1 to August 31.
Issuer names are shown as published, without source footnote letters.
Figures are as reported to the agency and have not been independently verified.