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Schertz

GO & Ref Bonds Ser 2018

$4,200,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
November 27, 2018
Fiscal year issued
2019
Par amount
$8,570,000
New money / refunding
$580,000 / $7,990,000
Pledge
Tax-supported (general obligation)
Purpose
Transportation
Sale
Competitive
Final maturity
August 1, 2033

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$4,200,000$609,478$4,809,478
2024$4,870,000$791,422$5,661,422
2023$5,530,000$1,006,616$6,536,616
2022$6,125,000$1,253,184$7,378,184
2021$6,680,000$1,528,503$8,208,503
2020$7,560,000$1,839,697$9,399,697
2019$8,475,000$2,195,766$10,670,766

Costs of issuance

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One-time costs reported: $150,353, or $17.54 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$8,570.00$1.00
Bond counselNorton Rose Fulbright US LLPOne time$21,500.00$2.51
Escrow agentUMB Bank NAOne time$500.00$0.06
Financial advisorSAMCO Capital Markets IncOne time$70,109.98$8.18
Underwriter's spread: management feeNot reportedOne time$30,180.00$3.52
Other costsWells Fargo BankOne time$1,000.00$0.12
Paying agent and registrarUMB Bank NAOne time$400.00$0.05
Rating agencyS&POne time$13,175.00$1.54
Underwriter's spread: expensesNot reportedOne time$4,917.75$0.57

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.