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Elkhart ISD

MTN Ser 2016

$56,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
July 20, 2016
Fiscal year issued
2016
Par amount
$520,000
New money / refunding
$520,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Private placement
Final maturity
August 15, 2026

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$56,000$1,019$57,019
2024$111,000$3,039$114,039
2023$165,000$6,042$171,042
2022$218,000$10,010$228,010
2021$271,000$14,942$285,942
2020$323,000$20,821$343,821
2019$374,000$27,628$401,628
2018$424,000$35,344$459,344
2017$473,000$43,953$516,953
2016$520,000$54,074$574,074

Costs of issuance

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One-time costs reported: $20,000, or $38.46 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$750.00$1.44
Bond counselNorton Rose Fulbright US LLPOne time$6,270.00$12.06
Bond insuranceNoneOne time$0.00$0.00
Financial advisorSAMCO Capital Markets IncOne time$12,220.00$23.50
MACNot reportedOne time$260.00$0.50
Paying agent and registrarFirst National BankOne time$500.00$0.96

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 4, 2026.

Texas fiscal years run September 1 to August 31.

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