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Southwest ISD

Unl Tax School Bldg & Ref Bonds Ser 2016

$20,865,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
August 9, 2016
Fiscal year issued
2016
Par amount
$35,070,000
New money / refunding
$18,130,000 / $16,940,000
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Negotiated
Final maturity
August 1, 2038

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$20,865,000$5,123,325$25,988,325
2024$22,200,000$5,932,450$28,132,450
2023$23,470,000$6,806,700$30,276,700
2022$24,685,000$7,743,075$32,428,075
2021$25,855,000$8,722,256$34,577,256
2020$28,135,000$9,770,869$37,905,869
2019$30,310,000$10,930,856$41,240,856
2018$32,355,000$12,186,119$44,541,119
2017$33,830,000$13,504,406$47,334,406
2016$35,070,000$14,978,220$50,048,220

Costs of issuance

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One-time costs reported: $424,725, or $12.11 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$0.27
Bond counselNorton Rose Fulbright US LLPOne time$52,837.50$1.51
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.04
Escrow agentBank of Texas NAOne time$2,500.00$0.07
Escrow verificationBarthe & Wahrman PAOne time$3,500.00$0.10
Financial advisorSAMCO Capital Markets IncOne time$93,612.50$2.67
Underwriter's spread: management feeNot reportedOne time$35,070.00$1.00
Other costsWells Fargo BankOne time$500.00$0.01
Paying agent and registrarBank of Texas NAOne time$400.00$0.01
PrintingClements Printing Co LLCOne time$2,500.00$0.07
Rating agencyMoodysOne time$18,750.00$0.53
Rating agencyS&POne time$23,400.00$0.67
Underwriter's spread: expensesNot reportedOne time$9,615.00$0.27
Underwriter's spread: takedownNot reportedOne time$153,504.75$4.38
Underwriter's counsel (paid by the underwriter)Escamilla & Poneck LLPOne time$17,535.00$0.50

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.