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Spearman ISD

Unl Tax Ref Bonds Ser 2025A

$4,345,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
August 26, 2025
Fiscal year issued
2025
Par amount
$4,345,000
New money / refunding
$0 / $4,345,000
Pledge
Tax-supported (general obligation)
Purpose
Refunding
Sale
Negotiated
Final maturity
August 15, 2036

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$4,345,000$1,279,987$5,624,987

Costs of issuance

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One-time costs reported: $133,303, or $30.68 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
CostPaid toTypeAmountPer $1,000
Attorney General reviewOrrick Herrington & Sutcliffe LLPOne time$4,345.00$1.00
Bond counselOrrick Herrington & Sutcliffe LLPOne time$40,202.00$9.25
Bond insuranceTexas Education AgencyOne time$1,500.00$0.35
Financial advisorLive Oak Public Finance LLCOne time$42,932.69$9.88
Underwriter's spread: management feeNot reportedOne time$4,345.00$1.00
Other costsNot reportedOne time$1,000.00$0.23
OS preparationLive Oak Public Finance LLCOne time$3,000.00$0.69
Paying agent and registrarBOKF NAOne time$250.00$0.06
Pos os postingMuniHubOne time$1,750.00$0.40
Rating agencyS&POne time$9,938.00$2.29
Redemption feeTruist BankOne time$500.00$0.12
Underwriter's spread: expensesNot reportedOne time$9,234.31$2.13
Underwriter's spread: takedownNot reportedOne time$14,306.25$3.29

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.