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Kerens ISD

Unl Tax School Bldg Bonds Ser 2017

$7,555,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
August 15, 2017
Fiscal year issued
2017
Par amount
$8,990,000
New money / refunding
$8,990,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Negotiated
Final maturity
August 15, 2047

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$7,555,000$3,806,600$11,361,600
2024$7,760,000$4,116,125$11,876,125
2023$7,955,000$4,435,650$12,390,650
2022$8,140,000$4,764,675$12,904,675
2021$8,320,000$5,101,925$13,421,925
2020$8,495,000$5,445,400$13,940,400
2019$8,665,000$5,793,200$14,458,200
2018$8,830,000$6,144,350$14,974,350
2017$8,990,000$6,498,750$15,488,750

Costs of issuance

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One-time costs reported: $206,014, or $22.92 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$8,990.00$1.00
Bond counselPowell & Leon LLPOne time$13,000.00$1.45
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.17
Financial advisorLive Oak Public Finance LLCOne time$69,001.00$7.68
Underwriter's spread: management feeNot reportedOne time$8,990.00$1.00
Other costsBracewell LLPOne time$6,000.00$0.67
Paying agent and registrarBank of Texas NAAnnual$500.00$0.06
PrintingMuniOSOne time$1,700.00$0.19
Rating agencyS&POne time$11,250.00$1.25
Underwriter's spread: expensesNot reportedOne time$24,245.00$2.70
Underwriter's spread: takedownNot reportedOne time$42,337.50$4.71
Underwriter's counsel (paid by the underwriter)Andrews Kurth Kenyon LLPOne time$19,000.00$2.11

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.