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Cleveland ISD

Unl Tax Ref Bonds Ser 2020

$14,105,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
February 6, 2020
Fiscal year issued
2020
Par amount
$16,945,000
New money / refunding
$0 / $16,945,000
Pledge
Tax-supported (general obligation)
Purpose
Refunding
Sale
Negotiated
Final maturity
August 15, 2033

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$14,105,000$2,858,750$16,963,750
2024$14,685,000$3,504,450$18,189,450
2023$15,220,000$4,178,025$19,398,025
2022$15,720,000$4,877,475$20,597,475
2021$16,180,000$5,600,925$21,780,925
2020$16,600,000$6,346,375$22,946,375

Costs of issuance

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One-time costs reported: $277,338, or $16.37 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$0.56
Bond counselNorton Rose Fulbright US LLPOne time$31,000.00$1.83
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.09
Escrow agentUS BankOne time$500.00$0.03
Escrow verificationSamuel Klein & CoOne time$2,000.00$0.12
Financial advisorHilltop Securities IncOne time$87,900.00$5.19
Underwriter's spread: management feeNot reportedOne time$16,945.00$1.00
Other costsUS BankOne time$300.00$0.02
Paying agent and registrarUS BankAnnual$500.00$0.03
Paying agent and registrarUS BankOne time$500.00$0.03
PrintingHilltop Securities IncOne time$1,200.00$0.07
PrintingIpreo LLCOne time$800.00$0.05
Rating agencyMoodysOne time$19,800.00$1.17
Rating agencyS&POne time$15,000.00$0.89
Underwriter's spread: expensesNot reportedOne time$5,591.85$0.33
Underwriter's spread: takedownNot reportedOne time$76,328.75$4.50
Underwriter's counsel (paid by the underwriter)Orrick Herrington & Sutcliffe LLPOne time$8,472.50$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 3, 2026.

Texas fiscal years run September 1 to August 31.

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