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Garland ISD

Unl Tax School Bldg & Ref Bonds Ser 2015A

$118,415,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
June 18, 2015
Fiscal year issued
2015
Par amount
$185,740,000
New money / refunding
$175,000,000 / $10,740,000
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Negotiated
Final maturity
August 15, 2035

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$118,415,000$24,160,944$142,575,944
2024$131,050,000$29,448,681$160,498,681
2023$139,190,000$35,255,794$174,445,794
2022$146,935,000$41,460,031$188,395,031
2021$153,810,000$48,029,769$201,839,769
2020$156,910,000$54,848,881$211,758,881
2019$157,910,000$61,770,494$219,680,494
2018$162,870,000$68,791,506$231,661,506
2017$171,960,000$75,977,819$247,937,819
2016$180,705,000$83,342,481$264,047,481

Costs of issuance

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One-time costs reported: $1,401,216, or $7.54 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$9,500.00$0.05
Bond counselNorton Rose Fulbright US LLPOne time$206,095.00$1.11
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.01
ContingencyNot reportedOne time$9,113.41$0.05
Escrow agentUS BankOne time$750.00$0.00
Financial advisorFirst Southwest Co LLCOne time$147,587.50$0.79
Underwriter's spread: management feeNot reportedOne time$65,009.00$0.35
Other costsUS BankOne time$300.00$0.00
Paying agent and registrarUS BankOne time$400.00$0.00
Paying agent and registrarUS BankAnnual$400.00$0.00
PrintingFirst Southwest Co LLCOne time$3,150.00$0.02
PrintingIpreo LLCOne time$760.00$0.00
Rating agencyFitchOne time$81,667.18$0.44
Rating agencyMoodysOne time$69,176.91$0.37
Underwriter's spread: expensesNot reportedOne time$41,624.33$0.22
Underwriter's spread: takedownNot reportedOne time$708,861.00$3.82
Underwriter's counsel (paid by the underwriter)Escamilla & Poneck LLPOne time$55,722.00$0.30

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.