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Vernon ISD

Unl Tax Ref Bonds Ser 2016

Last reported in fiscal year 2018, with $575,000 of principal then outstanding.

Terms

Closing date
January 20, 2016
Fiscal year issued
2016
Par amount
$1,680,000
New money / refunding
$0 / $1,680,000
Pledge
Tax-supported (general obligation)
Purpose
Refunding
Sale
Negotiated
Final maturity
August 15, 2019

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2018$575,000$8,625$583,625
2017$1,135,000$31,475$1,166,475
2016$1,680,000$65,375$1,745,375

Costs of issuance

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One-time costs reported: $62,123, or $36.98 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
CostPaid toTypeAmountPer $1,000
ATR form prepNot reportedOne time$500.00$0.30
Attorney General reviewNot reportedOne time$1,680.00$1.00
Bond counselMcCall Parkhurst & Horton LLPOne time$9,000.00$5.36
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.89
Escrow agentUS BankOne time$550.00$0.33
Financial advisorFirst Southwest Co LLCOne time$22,720.00$13.52
Underwriter's spread: management feeNot reportedOne time$1,680.00$1.00
Paying agent and registrarUS BankOne time$450.00$0.27
Paying agent and registrarUS BankAnnual$450.00$0.27
PrintingFirst Southwest Co LLCOne time$5,150.00$3.07
PrintingIpreo LLCOne time$760.00$0.45
Rating agencyS&POne time$5,700.00$3.39
Underwriter's spread: expensesNot reportedOne time$1,764.00$1.05
Underwriter's spread: takedownNot reportedOne time$4,918.75$2.93
Underwriter's counsel (paid by the underwriter)Andrews & Kurth LLPOne time$5,750.00$3.42

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.