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Nixon-Smiley CISD

Unl Tax School Bldg Bonds Ser 2014B

Last reported in fiscal year 2023, with $710,000 of principal then outstanding.

Terms

Closing date
September 25, 2014
Fiscal year issued
2015
Par amount
$6,500,000
New money / refunding
$6,500,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Negotiated
Final maturity
August 15, 2024

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2023$710,000$19,170$729,170
2022$1,405,000$56,410$1,461,410
2021$2,080,000$110,188$2,190,188
2020$2,740,000$178,485$2,918,485
2019$3,390,000$259,458$3,649,458
2018$4,025,000$350,590$4,375,590
2017$4,650,000$449,535$5,099,535
2016$5,270,000$554,060$5,824,060

Costs of issuance

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One-time costs reported: $185,319, or $28.51 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$6,500.00$1.00
Bond counselMcGuire Woods LLPOne time$25,000.00$3.85
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.23
Cobond counselPowell & Leon LLPOne time$12,500.00$1.92
Financial advisorGovernment Capital CorpOne time$81,250.00$12.50
Underwriter's spread: management feeNot reportedOne time$6,500.00$1.00
Other costsNot reportedOne time$2,500.00$0.38
Paying agent and registrarBank of Texas NAOne time$500.00$0.08
Rating agencyS&POne time$8,625.00$1.33
Underwriter's spread: expensesNot reportedOne time$4,600.00$0.71
Underwriter's spread: takedownNot reportedOne time$27,843.75$4.28
Underwriter's counselAndrews & Kurth LLPOne time$8,000.00$1.23

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.