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Van ISD

Unl Tax School Bldg & Ref Bonds Ser 2016

$5,445,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
March 3, 2016
Fiscal year issued
2016
Par amount
$25,075,000
New money / refunding
$11,825,000 / $13,250,000
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Negotiated
Final maturity
August 15, 2041

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$5,445,000$1,403,306$6,848,306
2024$5,835,000$1,609,306$7,444,306
2023$6,210,000$1,830,606$8,040,606
2022$6,955,000$2,074,306$9,029,306
2021$20,355,000$10,943,906$31,298,906
2020$21,625,000$11,904,256$33,529,256
2019$22,835,000$12,926,606$35,761,606
2018$23,985,000$14,007,956$37,992,956
2017$25,075,000$15,145,306$40,220,306
2016$25,075,000$16,840,446$41,915,446

Costs of issuance

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One-time costs reported: $287,516, or $11.47 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$0.38
Bond counselNorton Rose Fulbright US LLPOne time$37,000.00$1.48
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.06
Escrow agentRegions BankOne time$2,600.00$0.10
Escrow verificationGrant Thornton LLPOne time$3,500.00$0.14
Financial advisorHilltop Securities IncOne time$54,000.00$2.15
Financial advisorHilltop Securities IncOne time$9,500.00$0.38
Underwriter's spread: management feeNot reportedOne time$12,537.50$0.50
Other costsNot reportedOne time$2,450.00$0.10
Paying agent and registrarRegions BankOne time$400.00$0.02
PrintingHilltop Securities IncOne time$750.00$0.03
PrintingIpreo LLCOne time$800.00$0.03
Rating agencyS&POne time$18,000.00$0.72
Underwriter's spread: expensesNot reportedOne time$7,434.74$0.30
Underwriter's spread: takedownNot reportedOne time$115,006.25$4.59
Underwriter's counsel (paid by the underwriter)McCall Parkhurst & Horton LLPOne time$12,537.50$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 4, 2026.

Texas fiscal years run September 1 to August 31.

Figures are as reported to the agency and have not been independently verified.