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Kermit ISD

Unl Tax Ref Bonds Ser 2014

Last reported in fiscal year 2023, with $1,275,000 of principal then outstanding.

Terms

Closing date
December 18, 2014
Fiscal year issued
2015
Par amount
$26,154,999
New money / refunding
$0 / $26,154,999
Pledge
Tax-supported (general obligation)
Purpose
Refunding
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
2023$1,275,000$31,875$1,306,875
2022$2,490,000$126,000$2,616,000
2021$3,640,000$279,250$3,919,250
2020$22,185,000$8,100,788$30,285,788
2019$23,260,000$9,098,538$32,358,538
2018$24,310,000$10,122,913$34,432,913
2017$25,340,000$11,168,088$36,508,088
2016$25,550,000$12,225,663$37,775,663

Costs of issuance

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One-time costs reported: $331,179, or $12.66 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$0.36
Bond counselEscamilla & Poneck LLPOne time$52,000.00$1.99
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.06
Escrow agentRegions BankOne time$1,500.00$0.06
Escrow verificationGrant Thornton LLPOne time$3,500.00$0.13
Financial advisorWells Nelson & Associates LLCOne time$73,000.00$2.79
Underwriter's spread: management feeNot reportedOne time$26,304.82$1.01
Paying agent and registrarRegions BankOne time$500.00$0.02
PrintingClements Printing Co LLCOne time$1,500.00$0.06
Rating agencyS&POne time$17,250.00$0.66
Underwriter's spread: expensesNot reportedOne time$6,991.03$0.27
Underwriter's spread: takedownNot reportedOne time$124,481.00$4.76
Underwriter's counselWinstead PCOne time$13,152.41$0.50

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.