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Willis ISD

Unl Tax School Bldg & Ref Bonds Ser 2016

$67,085,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
March 24, 2016
Fiscal year issued
2016
Par amount
$71,090,000
New money / refunding
$65,525,000 / $5,565,000
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Negotiated
Final maturity
August 15, 2045

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$67,085,000$30,753,775$97,838,775
2024$68,020,000$33,595,600$101,615,600
2023$68,945,000$36,470,050$105,415,050
2022$69,865,000$39,362,950$109,227,950
2021$70,180,000$42,268,200$112,448,200
2020$70,490,000$45,179,700$115,669,700
2019$70,795,000$48,097,350$118,892,350
2018$71,090,000$51,021,000$122,111,000
2017$71,090,000$53,947,600$125,037,600
2016$71,090,000$56,874,200$127,964,200

Costs of issuance

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One-time costs reported: $619,785, or $8.72 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$0.13
Bond counselAndrews & Kurth LLPOne time$71,090.00$1.00
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.02
Escrow agentWells Fargo BankOne time$3,000.00$0.04
Escrow verificationGrant Thornton LLPOne time$3,000.00$0.04
Financial advisorFirst Southwest Co LLCOne time$66,860.94$0.94
Underwriter's spread: management feeNot reportedOne time$24,881.00$0.35
Other costsNot reportedOne time$4,500.00$0.06
Other costsNot reportedOne time$500.00$0.01
Paying agent and registrarWells Fargo BankOne time$3,000.00$0.04
PrintingIpreo LLCOne time$4,000.00$0.06
Rating agency (paid by the underwriter)MoodysOne time$32,400.00$0.46
Underwriter's spread: expensesNot reportedOne time$17,121.93$0.24
Underwriter's spread: takedownNot reportedOne time$353,550.00$4.97
Underwriter's counsel (paid by the underwriter)Bracewell LLPOne time$24,881.50$0.35

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 3, 2026.

Texas fiscal years run September 1 to August 31.

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