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Palestine

Tax Notes Ser 2014

Last reported in fiscal year 2020, with $655,000 of principal then outstanding.

Terms

Closing date
November 13, 2014
Fiscal year issued
2015
Par amount
$2,550,000
New money / refunding
$2,550,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
Transportation
Sale
Private placement
Final maturity
August 15, 2021

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2020$655,000$5,731$660,731
2019$1,295,000$22,794$1,317,794
2018$1,625,000$48,344$1,673,344
2017$1,950,000$79,625$2,029,625
2016$2,270,000$116,550$2,386,550

Costs of issuance

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One-time costs reported: $41,250, or $16.18 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
CostPaid toTypeAmountPer $1,000
Attorney General reviewNot reportedOne time$2,550.00$1.00
Bond counselBracewell LLPOne time$8,250.00$3.24
Bond insuranceNoneOne time$0.00$0.00
Financial advisorFirst Southwest Co LLCOne time$19,612.50$7.69
Other costsNot reportedOne time$4,462.50$1.75
Paying agent and registrarIndependent Bankers Bank TIBOne time$0.00$0.00
Private placementNot reportedOne time$6,375.00$2.50

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 3, 2026.

Texas fiscal years run September 1 to August 31.

Figures are as reported to the agency and have not been independently verified.