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Hearne ISD

Qualified Energy Conservation MTN Txbl Ser 2015

$645,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
December 28, 2015
Fiscal year issued
2016
Par amount
$1,525,000
New money / refunding
$1,525,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Private placement
Final maturity
April 1, 2031

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$645,000$27,131$672,131
2024$750,000$36,798$786,798
2023$850,000$47,886$897,886
2022$950,000$60,360$1,010,360
2021$1,050,000$74,220$1,124,220
2020$1,150,000$89,466$1,239,466
2019$1,245,000$106,064$1,351,064
2018$1,340,000$123,978$1,463,978
2017$1,435,000$143,208$1,578,208
2016$1,525,000$169,182$1,694,182

Costs of issuance

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One-time costs reported: $40,448, or $26.52 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$1,525.00$1.00
Bank counselMcGuire Woods LLPOne time$3,000.00$1.97
Bond counselEscamilla & Poneck LLPOne time$10,122.50$6.64
Bond insuranceNoneOne time$0.00$0.00
Financial advisorWells Nelson & Associates LLCOne time$25,000.00$16.39
Paying agent and registrarBank of Texas NAOne time$800.00$0.52

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.