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Mercedes ISD

MTN Ser 2018

$2,315,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
December 28, 2018
Fiscal year issued
2019
Par amount
$4,755,000
New money / refunding
$4,755,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Private placement
Final maturity
August 15, 2029

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$2,315,000$233,919$2,548,919
2024$2,780,000$337,140$3,117,140
2023$3,230,000$457,070$3,687,070
2022$3,660,000$592,966$4,252,966
2021$4,075,000$744,271$4,819,271
2020$4,475,000$910,428$5,385,428
2019$4,755,000$1,198,307$5,953,307

Costs of issuance

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One-time costs reported: $55,000, or $11.57 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$4,755.00$1.00
Bank counselWinstead PCOne time$3,250.00$0.68
Bond counselNorton Rose Fulbright US LLPOne time$24,000.00$5.05
Financial advisorRBC Capital Markets LLCOne time$21,525.94$4.53
MACNot reportedOne time$875.00$0.18
Other costsNot reportedOne time$594.06$0.12
Paying agent and registrarFrost BankOne time$0.00$0.00

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.