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Mabank ISD

Unl Tax School Bldg & Ref Bonds Ser 2016

$14,155,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
February 18, 2016
Fiscal year issued
2016
Par amount
$19,765,000
New money / refunding
$9,115,000 / $10,650,000
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Negotiated
Final maturity
August 15, 2041

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$14,155,000$3,662,900$17,817,900
2024$15,405,000$4,318,300$19,723,300
2023$16,610,000$5,033,950$21,643,950
2022$17,775,000$5,796,200$23,571,200
2021$18,005,000$6,565,350$24,570,350
2020$18,220,000$7,340,950$25,560,950
2019$18,220,000$8,116,550$26,336,550
2018$18,435,000$8,896,450$27,331,450
2017$19,010,000$9,687,850$28,697,850
2016$19,580,000$10,490,650$30,070,650

Costs of issuance

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One-time costs reported: $295,931, or $14.97 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$0.48
Bond counselMcCall Parkhurst & Horton LLPOne time$30,500.00$1.54
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.08
Escrow agentUS BankOne time$750.00$0.04
Financial advisorHilltop Securities IncOne time$9,500.00$0.48
Financial advisorHilltop Securities IncOne time$94,000.00$4.76
Underwriter's spread: management feeNot reportedOne time$9,882.50$0.50
Other costsUS BankAnnual$500.00$0.03
Other costsUS BankOne time$500.00$0.03
Paying agent and registrarUS BankOne time$500.00$0.03
PrintingClements Printing Co LLCOne time$750.00$0.04
Rating agencyFitchOne time$15,000.00$0.76
Rating agencyS&POne time$14,000.00$0.71
Underwriter's spread: expensesNot reportedOne time$6,342.11$0.32
Underwriter's spread: takedownNot reportedOne time$93,323.75$4.72
Underwriter's counsel (paid by the underwriter)Norton Rose Fulbright US LLPOne time$9,882.50$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 3, 2026.

Texas fiscal years run September 1 to August 31.

Figures are as reported to the agency and have not been independently verified.