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Grady ISD

Unl Tax School Bldg Bonds Ser 2018A

Last reported in fiscal year 2020, with $2,395,000 of principal then outstanding.

Terms

Closing date
March 13, 2018
Fiscal year issued
2018
Par amount
$8,000,000
New money / refunding
$8,000,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Private placement
Final maturity
August 15, 2030

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2020$2,395,000$114,723$2,509,723
2019$7,800,000$1,139,544$8,939,544
2018$8,000,000$1,423,744$9,423,744

Costs of issuance

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One-time costs reported: $89,500, or $11.19 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$8,000.00$1.00
Bank counselNaman Howell Smith & Lee PLLCOne time$3,500.00$0.44
Bond counselUnderwood Law Firm PCOne time$13,000.00$1.63
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.19
Financial advisorSpecialized Public Finance IncOne time$57,000.00$7.13
Other costsNot reportedOne time$1,000.00$0.13
Paying agent and registrarFirst National BankOne time$500.00$0.06
Private placementFirst National BankOne time$5,000.00$0.63

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.