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Sherman ISD

Unl Tax School Bldg Bonds Ser 2018A

$119,425,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
March 1, 2018
Fiscal year issued
2018
Par amount
$121,260,000
New money / refunding
$121,260,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Negotiated
Final maturity
August 15, 2045

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$119,425,000$65,216,875$184,641,875
2024$120,325,000$71,201,625$191,526,625
2023$121,125,000$77,211,875$198,336,875
2022$121,260,000$83,236,150$204,496,150
2021$121,260,000$89,262,450$210,522,450
2020$121,260,000$95,288,750$216,548,750
2019$121,260,000$101,315,050$222,575,050
2018$121,260,000$107,341,350$228,601,350

Costs of issuance

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One-time costs reported: $1,100,791, or $9.08 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$0.08
Bond counselMcCall Parkhurst & Horton LLPOne time$149,255.00$1.23
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.01
Financial advisorBOKF NAOne time$163,402.00$1.35
Underwriter's spread: management feeNot reportedOne time$42,441.00$0.35
Paying agent and registrarBank of New York Mellon Trust CoOne time$750.00$0.01
Paying agent and registrarBank of New York Mellon Trust CoAnnual$750.00$0.01
PrintingClements Printing Co LLCOne time$1,650.00$0.01
PrintingIpreo LLCOne time$1,350.00$0.01
Rating agencyMoodysOne time$81,000.00$0.67
Rating agencyS&POne time$66,000.00$0.54
Underwriter's spread: expensesNot reportedOne time$24,621.87$0.20
Underwriter's spread: takedownNot reportedOne time$529,006.25$4.36
Underwriter's counsel (paid by the underwriter)Norton Rose Fulbright US LLPOne time$30,315.00$0.25

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.