This is a MuniPro demonstration of a redesigned Texas Bond Review Board website. It is not the official BRB site: nothing filed here reaches BRB, and the email addresses shown are BRB's own.

The official site is brb.texas.gov.

Water district · Denton County · id 061-204-48

Northlake MMD 2

$31,350,000 of principal outstanding on 4 issues at the end of fiscal year 2025.

Fiscal year 2025 at a glance

Principal outstanding
$31.4 million
Fiscal year 2025

$31,350,000

Interest still to be paid
$17.9 million
Fiscal year 2025

$17,909,100

Total debt service outstanding
$49.3 million
Fiscal year 2025

$49,259,100

Issues outstanding
4
Fiscal year 2025

Debt outstanding

Fiscal year 2025

Tax supported
$31,350,0004 issues
Total outstanding
$31,350,0004 issues

Calculated by this site from the 4 issues below.

Debt issued

Fiscal year 2025

Tax supported
$5,625,0001 issue
Total issued
$5,625,0001 issue

Calculated by this site from the par of the 1 issue issued in fiscal year 2025.

Tax base and ratios

Fiscal year 2025

Tax rate (total, per $100 of value)
0.7050
Taxable value
$274.9 million
$274,920,818
Tax supported principal to taxable value
11.40%
Calculated by this site
Principal per resident
$16,227
Calculated by this site population 1,932

Debt outstanding by fiscal year

Fiscal years 2022 to 2025

Download CSV
Principal outstanding at each fiscal year end, 2022 to 2025
Debt outstanding at each fiscal year end
Fiscal year?Principal?Interest?Total debt service?Issues?Tax rate?Taxable value?
Fiscal year2025 LatestPrincipal$31,350,000Interest$17,909,100Total debt service$49,259,100Issues4Tax rate0.7050Taxable value$274,920,818
Fiscal year2024Principal$26,400,000Interest$15,756,988Total debt service$42,156,988Issues3Tax rate0.7050Taxable value$217,829,529
Fiscal year2023Principal$19,070,000Interest$11,150,482Total debt service$30,220,482Issues2Tax rateNot reportedTaxable value$114,293,686
Fiscal year2022Principal$9,000,000Interest$4,016,775Total debt service$13,016,775Issues1Tax rate0.7050Taxable value$42,705,902

Issues outstanding, fiscal year 2025

Download CSV
Issues with principal outstanding, largest first
Issuance name?Pledge?Maturity date?Principal?Scheduled interest?Total payment?Closed?Purpose?
Issuance nameUnl Tax Util Bonds Ser 2022 PledgeTax supportedMaturity date3/1/2048Principal$10,070,000Scheduled interest$6,411,469Total payment$16,481,469Closed11/9/2022PurposeCombined utility system
Issuance nameUnl Tax Road Bonds Ser 2022 PledgeTax supportedMaturity date3/1/2047Principal$8,240,000Scheduled interest$3,157,800Total payment$11,397,800Closed3/15/2022PurposeTransportation
Issuance nameUnl Tax Road Bonds Ser 2023 PledgeTax supportedMaturity date3/1/2048Principal$7,415,000Scheduled interest$5,034,331Total payment$12,449,331Closed11/9/2023PurposeTransportation
Issuance nameUnl Tax Util Bonds Ser 2024 PledgeTax supportedMaturity date3/1/2049Principal$5,625,000Scheduled interest$3,305,500Total payment$8,930,500Closed12/19/2024PurposeWater and sewer

Rows 1–4 of 4

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.