Unl Tax Ref Bonds Ser 2016
$2,325,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- May 24, 2016
- Fiscal year issued
- 2016
- Par amount
- $7,225,000
- New money / refunding
- $0 / $7,225,000
- Pledge
- Tax-supported (general obligation)
- Purpose
- Refunding
- Sale
- Negotiated
- Final maturity
- August 15, 2028
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $2,325,000 | $172,250 | $2,497,250 |
| 2024 | $3,035,000 | $296,500 | $3,331,500 |
| 2023 | $3,705,000 | $454,250 | $4,159,250 |
| 2022 | $4,345,000 | $644,000 | $4,989,000 |
| 2021 | $4,955,000 | $864,250 | $5,819,250 |
| 2020 | $5,535,000 | $1,113,500 | $6,648,500 |
| 2019 | $6,105,000 | $1,374,150 | $7,479,150 |
| 2018 | $6,650,000 | $1,656,600 | $8,306,600 |
| 2017 | $7,170,000 | $1,959,850 | $9,129,850 |
| 2016 | $7,210,000 | $2,263,900 | $9,473,900 |
Costs of issuance
Download CSVOne-time costs reported: $184,628, or $25.55 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $7,225.00 | $1.00 |
| Bond counsel | Orrick Herrington & Sutcliffe LLP | One time | $10,000.00 | $1.38 |
| Bond insurance | Permanent School Fund (PSF) Guarantee | One time | $1,500.00 | $0.21 |
| Cobond counsel | Powell & Leon LLP | One time | $20,000.00 | $2.77 |
| Escrow agent | Bank of Texas NA | Annual | $450.00 | $0.06 |
| Escrow agent | Bank of Texas NA | One time | $1,500.00 | $0.21 |
| Financial advisor | Government Capital Corp | One time | $77,950.00 | $10.79 |
| Underwriter's spread: management fee | Not reported | One time | $7,225.00 | $1.00 |
| Paying agent and registrar | Bank of Texas NA | One time | $500.00 | $0.07 |
| Paying agent and registrar | Bank of Texas NA | Annual | $500.00 | $0.07 |
| Printing | Ipreo LLC | One time | $1,500.00 | $0.21 |
| Rating agency | S&P | One time | $10,500.00 | $1.45 |
| Underwriter's spread: expenses | Not reported | One time | $4,796.59 | $0.66 |
| Underwriter's spread: takedown | Not reported | One time | $33,431.25 | $4.63 |
| Underwriter's counsel (paid by the underwriter) | Andrews & Kurth LLP | One time | $8,500.00 | $1.18 |
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.