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Franklin ISD

Unl Tax School Bldg Bonds Ser 2015

Last reported in fiscal year 2017, with $2,040,000 of principal then outstanding.

Terms

Closing date
September 23, 2015
Fiscal year issued
2016
Par amount
$5,990,000
New money / refunding
$5,990,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Competitive
Final maturity
August 15, 2018

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2017$2,040,000$20,400$2,060,400
2016$4,040,000$81,200$4,121,200

Costs of issuance

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One-time costs reported: $102,367, or $17.09 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$5,990.00$1.00
Bond counselAndrews & Kurth LLPOne time$27,000.00$4.51
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.25
Financial advisorUS Capital Advisors LLCOne time$29,000.00$4.84
Other costsNot reportedOne time$3,310.00$0.55
Paying agent and registrarBank of New York Mellon Trust CoOne time$1,000.00$0.17
PrintingIpreo LLCOne time$9,000.00$1.50
Rating agencyMoodysOne time$11,700.00$1.95
Underwriter's spread: expensesNot reportedOne time$3,836.85$0.64
Underwriter's spread: takedownNot reportedOne time$10,030.00$1.67

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.