Independent school district · Taylor County · id 221-904-02
Merkel ISD
$7,410,000 of principal outstanding on 2 issues at the end of fiscal year 2025.
Fiscal year 2025 at a glance
Principal outstanding
$7.41 million
Fiscal year 2025
$7,410,000
Interest still to be paid
$1.39 million
Fiscal year 2025
$1,393,828
Total debt service outstanding
$8.80 million
Fiscal year 2025
$8,803,828
Issues outstanding
2
Fiscal year 2025
Tax rate (total, per $100 of value)
0.8497
Fiscal year 2025
Taxable value
$581.9 million
Fiscal year 2025
$581,906,961
Tax-supported principal to taxable value
1.27%
Fiscal year 2025
Computed here from the reported figures.
Principal per student in average daily attendance
$7,567
Fiscal year 2025
Computed here from the reported figures (average daily attendance 979).
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service | Issues | Tax rate | Taxable value |
|---|---|---|---|---|---|---|
| 2025 | $7,410,000 | $1,393,828 | $8,803,828 | 2 | 0.8497 | $581,906,961 |
| 2024 | $8,075,000 | $1,679,834 | $9,754,834 | 2 | 0.8724 | $551,485,827 |
| 2023 | $8,715,000 | $1,985,266 | $10,700,266 | 2 | 1.0671 | $528,963,395 |
| 2022 | $9,335,000 | $2,309,522 | $11,644,522 | 2 | 1.1616 | $468,273,491 |
| 2021 | $9,935,000 | $2,652,003 | $12,587,003 | 2 | 1.1788 | $454,931,651 |
| 2020 | $10,520,000 | $3,012,185 | $13,532,185 | 2 | 1.1855 | $451,654,089 |
| 2019 | $11,095,000 | $3,387,691 | $14,482,691 | 2 | 1.2675 | $445,622,935 |
| 2018 | $11,655,000 | $3,774,497 | $15,429,497 | 2 | 1.2825 | $401,863,689 |
| 2017 | $12,200,000 | $4,172,303 | $16,372,303 | 2 | 1.2825 | $391,814,100 |
| 2016 | $12,740,000 | $4,580,960 | $17,320,960 | 2 | 1.3079 | $387,971,781 |
Issues outstanding, fiscal year 2025
Download CSV| Issue | Closed | Pledge | Purpose | Final maturity | Principal | Interest |
|---|---|---|---|---|---|---|
| Unl Tax School Bldg Bonds Ser 2014 | Feb 20, 2014 | Tax-supported (general obligation) | School facilities and equipment | Aug 15, 2034 | $5,135,000 | $863,628 |
| Unl Tax School Bldg Bonds Ser 2015 | Feb 18, 2015 | Tax-supported (general obligation) | School facilities and equipment | Aug 15, 2035 | $2,275,000 | $530,200 |
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.
View this issuer on EMMA (listed there as MERKEL TEX INDPT SCH DIST). Source: EMMA (MSRB); issuer matched by MuniPro on 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.