Util Sys Rev Notes Ser 2016

$2,635,000 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 10/17/2026.

Firms and fees reported for this issue, by role
Role?	Firm?	Fees paid?
Financial advisor	Robert W Baird & Co	$85,600
Bond counsel	McCall Parkhurst & Horton LLP	$71,800
Other counsel	Bickerstaff Heath Delgado Acosta LLP	$3,500
Engineers, accountants and other consultants	Maxwell Locke & Ritter LLP	$2,500
Other costs	Municipal Advisory Council (MAC) of Texas	$3,594

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

Fiscal years 2016 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$2,635,000	Interest$211,452	Total debt service$2,846,452
Fiscal year2024	Principal$3,125,000	Interest$293,640	Total debt service$3,418,640
Fiscal year2023	Principal$3,600,000	Interest$388,320	Total debt service$3,988,320
Fiscal year2022	Principal$4,065,000	Interest$495,229	Total debt service$4,560,229
Fiscal year2021	Principal$4,515,000	Interest$613,974	Total debt service$5,128,974
Fiscal year2020	Principal$4,955,000	Interest$744,290	Total debt service$5,699,290
Fiscal year2019	Principal$5,385,000	Interest$885,916	Total debt service$6,270,916
Fiscal year2018	Principal$5,805,000	Interest$1,038,587	Total debt service$6,843,587
Fiscal year2017	Principal$6,210,000	Interest$1,201,910	Total debt service$7,411,910
Fiscal year2016	Principal$6,605,000	Interest$1,375,622	Total debt service$7,980,622

One-time costs to the issuer: $185,740, or $26.76 per $1,000 of par.

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	38.7% of the issuer's costs		Subtotal $71,800	Per $1,000$10.35
Similar issues: median $6.06 per $1,000
CostBond counsel	Paid toMcCall Parkhurst & Horton LLP	TypeOne time	Amount$71,799.56	Per $1,000$10.35
CostFinancial advisor 1 fee	46.1% of the issuer's costs		Subtotal $85,600	Per $1,000$12.33
Similar issues: median $6.70 per $1,000
CostFinancial advisor	Paid toRobert W Baird & Co	TypeOne time	Amount$85,600.00	Per $1,000$12.33
CostOther 6 fees	15.3% of the issuer's costs		Subtotal $28,340	Per $1,000$4.08
Similar issues: median $2.26 per $1,000
CostAccountant CPA	Paid toMaxwell Locke & Ritter LLP	TypeOne time	Amount$2,500.00	Per $1,000$0.36
CostAttorney General review	Paid toNot reported	TypeOne time	Amount$6,940.00	Per $1,000$1.00
CostBank counsel	Paid toBickerstaff Heath Delgado Acosta LLP	TypeOne time	Amount$3,500.00	Per $1,000$0.50
CostIssuer fee	Paid toMunicipal Advisory Council (MAC) of Texas	TypeOne time	Amount$3,594.00	Per $1,000$0.52
CostOther costs	Paid toNot reported	TypeOne time	Amount$1,806.44	Per $1,000$0.26
CostOther costs	Paid toNot reported	TypeOne time	Amount$10,000.00	Per $1,000$1.44
CostTotal, 8 fees			Amount$185,740	Per $1,000
CostCosts to the issuer			Amount$185,740	Per $1,000$26.76

Bond counsel 1 fee$71,800$10.35 per $1,000Similar issues: median $6.06 per $1,000

Financial advisor 1 fee$85,600$12.33 per $1,000Similar issues: median $6.70 per $1,000

Other 6 fees$28,340$4.08 per $1,000Similar issues: median $2.26 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 10/17/2026.

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.