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Veribest ISD

Unl Tax School Bldg Bonds Ser 2023

$5,170,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
August 28, 2023
Fiscal year issued
2023
Par amount
$5,415,000
New money / refunding
$5,415,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Negotiated
Final maturity
August 15, 2048

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$5,170,000$3,687,250$8,857,250
2024$5,290,000$3,951,750$9,241,750
2023$5,415,000$4,212,723$9,627,723

Costs of issuance

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One-time costs reported: $147,912, or $27.32 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$5,415.00$1.00
Bond counselHaynes & Boone LLPOne time$500.00$0.09
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.28
Co bond counselHaynes & Boone LLPOne time$7,500.00$1.39
Co bond counselPowell Law Group LLPOne time$2,500.00$0.46
Financial advisorLive Oak Public Finance LLCOne time$250.00$0.05
Financial advisorLive Oak Public Finance LLCOne time$49,252.17$9.10
Underwriter's spread: management feeNot reportedOne time$5,415.00$1.00
Other costsNot reportedOne time$1,000.00$0.18
Paying agent and registrarBOKF NAOne time$500.00$0.09
PrintingLive Oak Public Finance LLCOne time$12,500.00$2.31
PrintingMuniHubOne time$1,500.00$0.28
Rating agencyS&POne time$14,400.00$2.66
Special tax counselCantu Harden Montoya LLPOne time$5,000.00$0.92
Underwriter's spread: expensesNot reportedOne time$3,604.84$0.67
Underwriter's spread: takedownNot reportedOne time$27,075.00$5.00
Underwriter's counsel (paid by the underwriter)Orrick Herrington & Sutcliffe LLPOne time$10,000.00$1.85

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.