Independent school district · Hidalgo County · id 108-907-02
Mercedes ISD
$31,480,000 of principal outstanding on 6 issues at the end of fiscal year 2025.
Fiscal year 2025 at a glance
Principal outstanding
$31.48 million
Fiscal year 2025
$31,480,000
Interest still to be paid
$9.30 million
Fiscal year 2025
$9,297,574
Total debt service outstanding
$40.78 million
Fiscal year 2025
$40,777,574
Issues outstanding
6
Fiscal year 2025
Tax rate (total, per $100 of value)
1.1269
Fiscal year 2025
Taxable value
$771.6 million
Fiscal year 2025
$771,590,680
Tax-supported principal to taxable value
4.08%
Fiscal year 2025
Computed here from the reported figures.
Principal per student in average daily attendance
$8,640
Fiscal year 2025
Computed here from the reported figures (average daily attendance 3,643).
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service | Issues | Tax rate | Taxable value |
|---|---|---|---|---|---|---|
| 2025 | $31,480,000 | $9,297,574 | $40,777,574 | 6 | 1.1269 | $771,590,680 |
| 2024 | $33,725,000 | $10,750,729 | $44,475,729 | 6 | 1.0960 | $723,195,158 |
| 2023 | $36,890,000 | $12,352,243 | $49,242,243 | 6 | 1.3450 | $695,232,870 |
| 2022 | $39,910,000 | $14,095,322 | $54,005,322 | 6 | 1.3520 | $664,519,892 |
| 2021 | $44,140,000 | $16,033,029 | $60,173,029 | 6 | 1.3519 | $627,880,177 |
| 2020 | $49,615,000 | $17,986,055 | $67,601,055 | 7 | 1.2784 | $581,294,926 |
| 2019 | $53,555,000 | $20,294,889 | $73,849,889 | 7 | 1.3800 | $541,080,384 |
| 2018 | $52,300,000 | $21,272,436 | $73,572,436 | 6 | 1.3800 | $528,447,292 |
| 2017 | $55,350,000 | $23,901,692 | $79,251,692 | 6 | 1.3800 | $477,732,287 |
| 2016 | $59,035,000 | $28,084,471 | $87,119,471 | 7 | 1.3800 | $463,389,580 |
Issues outstanding, fiscal year 2025
Download CSV| Issue | Closed | Pledge | Purpose | Final maturity | Principal | Interest |
|---|---|---|---|---|---|---|
| Unl Tax Ref Bonds Ser 2016 | Sep 1, 2016 | Tax-supported (general obligation) | Refunding | Aug 15, 2037 | $7,575,000 | $2,421,000 |
| Unl Tax School Bldg QSC Bonds Ser 2014B (Direct-Pay Subsidy Bonds) | Mar 25, 2014 | Tax-supported (general obligation) | School facilities and equipment | Aug 15, 2032 | $7,570,000 | $2,490,530 |
| Unl Tax School Bldg Bonds Ser 2014A | Mar 25, 2014 | Tax-supported (general obligation) | School facilities and equipment | Aug 15, 2043 | $5,610,000 | $2,886,675 |
| Unl Tax Ref Bonds Ser 2021 | Aug 17, 2021 | Tax-supported (general obligation) | Refunding | Aug 15, 2034 | $4,770,000 | $768,750 |
| Unl Tax School Bldg & Ref Bonds Ser 2015 | Jun 16, 2015 | Tax-supported (general obligation) | School facilities and equipment | Aug 15, 2034 | $3,640,000 | $496,700 |
| MTN Ser 2018 | Dec 28, 2018 | Tax-supported (general obligation) | School facilities and equipment | Aug 15, 2029 | $2,315,000 | $233,919 |
Earlier issues
Issues last reported before fiscal year 2025: repaid, refunded or matured.
- Unl Tax Ref Bonds Ser 2012 closed Jul 12, 2012; last reported fiscal year 2020
- Unl Tax Ref Bonds Ser 2011 closed Apr 28, 2011; last reported fiscal year 2020
- Unl Tax School Bldg Bonds Ser 2007 closed Aug 23, 2007; last reported fiscal year 2016
- Unl Tax School Bldg Bonds Ser 2006 closed Oct 12, 2006; last reported fiscal year 2016
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.