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Iraan-Sheffield ISD

Unl Tax School Bldg Bonds Ser 2019

$6,100,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
February 26, 2019
Fiscal year issued
2019
Par amount
$9,000,000
New money / refunding
$9,000,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Negotiated
Final maturity
August 15, 2034

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$6,100,000$1,165,650$7,265,650
2024$6,645,000$1,428,975$8,073,975
2023$7,165,000$1,718,925$8,883,925
2022$7,655,000$2,034,125$9,689,125
2021$8,125,000$2,373,325$10,498,325
2020$8,570,000$2,735,400$11,305,400
2019$9,000,000$3,115,050$12,115,050

Costs of issuance

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One-time costs reported: $212,084, or $23.56 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$9,000.00$1.00
Bond counselOrrick Herrington & Sutcliffe LLPOne time$12,500.00$1.39
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.17
Co bond counselWalsh Gallegos PCOne time$12,500.00$1.39
Financial advisorGovernment Capital CorpOne time$1,500.00$0.17
Financial advisorGovernment Capital CorpOne time$99,500.00$11.06
Underwriter's spread: management feeNot reportedOne time$9,000.00$1.00
Paying agent and registrarUMB Bank NAOne time$500.00$0.06
Rating agencyS&POne time$11,625.00$1.29
Underwriter's spread: expensesNot reportedOne time$5,584.00$0.62
Underwriter's spread: takedownNot reportedOne time$40,375.00$4.49
Underwriter's counselNaman Howell Smith & Lee PLLCOne time$8,500.00$0.94

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.