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McAllen ISD

Unl Tax Ref Bonds Txbl Ser 2020B

$23,445,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
October 30, 2020
Fiscal year issued
2021
Par amount
$32,800,000
New money / refunding
$0 / $32,800,000
Pledge
Tax-supported (general obligation)
Purpose
Refunding
Sale
Negotiated
Final maturity
August 15, 2030

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$23,445,000$1,825,700$25,270,700
2024$27,690,000$2,636,475$30,326,475
2023$32,040,000$3,597,925$35,637,925
2022$32,240,000$4,649,375$36,889,375
2021$32,435,000$5,706,750$38,141,750

Costs of issuance

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One-time costs reported: $322,749, or $9.84 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$0.29
Bond counselNorton Rose Fulbright US LLPOne time$44,948.00$1.37
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.05
ContingencyNot reportedOne time$1,257.35$0.04
Escrow agentBank of New York Mellon Trust CoOne time$2,250.00$0.07
Escrow verificationRobert Thomas CPA LLCOne time$2,500.00$0.08
Financial advisorRBC Capital Markets LLCOne time$78,432.42$2.39
Underwriter's spread: management feeNot reportedOne time$14,760.00$0.45
Other costsBank of New York Mellon Trust CoOne time$300.00$0.01
Paying agent and registrarBank of New York Mellon Trust CoAnnual$750.00$0.02
PrintingClements Printing Co LLCOne time$832.89$0.03
Rating agencyMoodysOne time$21,950.00$0.67
Underwriter's spread: expensesNot reportedOne time$7,708.00$0.24
Underwriter's spread: takedownNot reportedOne time$122,050.00$3.72
Underwriter's counsel (paid by the underwriter)Perez Law Firm PLLCOne time$14,760.00$0.45

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.