Wtr Sys Jr Lien Rev Bonds Ser 2021A

$38,085,000 of principal outstanding at the end of fiscal year 2025.

Terms

No changes since this site began recording on October 6, 2026.

Source: BRB data loads; as of 10/18/2026.

Firms and fees reported for this issue, by role
Role?	Firm?	Fees paid?
Financial advisor	Post Oak Municipal Advisors LLC	$146,838
Financial advisor	Robert W Baird & Co	$146,838
Bond counsel	Allen Boone Humphries Robinson LLP	$229,410
Other counsel	Orrick Herrington & Sutcliffe LLP	$8,000
Paying agent, trustee and escrow	Regions Bank	$8,500

From the costs of issuance reported to BRB. A firm that was not paid a reported fee is not listed.

Fiscal years 2022 to 2025

Principal and interest outstanding at each fiscal year end

Principal, interest and debt service outstanding at each reporting date
Fiscal year?	Principal?	Interest?	Total debt service?
Fiscal year2025	Principal$38,085,000	Interest$13,093,663	Total debt service$51,178,663
Fiscal year2024	Principal$39,245,000	Interest$13,850,462	Total debt service$53,095,462
Fiscal year2023	Principal$40,405,000	Interest$14,610,393	Total debt service$55,015,393
Fiscal year2022	Principal$41,470,000	Interest$15,372,563	Total debt service$56,842,563

One-time costs to the issuer: $545,585, or $13.16 per $1,000 of par.

Annual fees: $3,500.

Each cost of issuance by role, who was paid and how much, with each role's subtotal of the issuer's one-time costs
Cost?	Paid to?	Type?	Amount?	Per $1,000?
CostBond counsel 1 fee	42.0% of the issuer's costs		Subtotal $229,410	Per $1,000$5.53
Similar issues: median $2.98 per $1,000
CostBond counsel	Paid toAllen Boone Humphries Robinson LLP	TypeOne time	Amount$229,410.00	Per $1,000$5.53
CostFinancial advisor 2 fees	53.8% of the issuer's costs		Subtotal $293,675	Per $1,000$7.08
Similar issues: median $2.45 per $1,000
CostCo-financial advisor	Paid toPost Oak Municipal Advisors LLC	TypeOne time	Amount$146,837.50	Per $1,000$3.54
CostCo-financial advisor	Paid toRobert W Baird & Co	TypeOne time	Amount$146,837.50	Per $1,000$3.54
CostOther 5 fees	4.1% of the issuer's costs		Subtotal $22,500	Per $1,000$0.54
Similar issues: median $0.43 per $1,000
CostAttorney General review	Paid toNot reported	TypeOne time	Amount$9,500.00	Per $1,000$0.23
CostBank counsel	Paid toOrrick Herrington & Sutcliffe LLP	TypeOne time	Amount$8,000.00	Per $1,000$0.19
CostEscrow agent Counted as: Annual fee: not added	Paid toRegions Bank	TypeAnnual	Amount$500.00	Per $1,000$0.01
CostPaying agent and registrar	Paid toRegions Bank	TypeOne time	Amount$5,000.00	Per $1,000$0.12
CostPaying agent and registrar Counted as: Annual fee: not added	Paid toRegions Bank	TypeAnnual	Amount$3,000.00	Per $1,000$0.07
CostTotal, 8 fees			Amount$549,085	Per $1,000
CostCosts to the issuer			Amount$545,585	Per $1,000$13.16

Bond counsel 1 fee$229,410$5.53 per $1,000Similar issues: median $2.98 per $1,000

Financial advisor 2 fees$293,675$7.08 per $1,000Similar issues: median $2.45 per $1,000

Other 5 fees$22,500$0.54 per $1,000Similar issues: median $0.43 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.