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Spearman ISD

MTN Ser 2018

Last reported in fiscal year 2020, with $2,187,500 of principal then outstanding.

Terms

Closing date
December 7, 2018
Fiscal year issued
2019
Par amount
$2,500,000
New money / refunding
$2,500,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Private placement
Final maturity
April 15, 2027

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2020$2,187,500$344,531$2,532,031
2019$2,500,000$490,000$2,990,000

Costs of issuance

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One-time costs reported: $11,250, or $4.50 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$2,500.00$1.00
Bond counselNaman Howell Smith & Lee PLLCOne time$8,500.00$3.40
Other costsNot reportedOne time$250.00$0.10

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.