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Cypress-Fairbanks ISD

VR Unl Tax School Bldg Bonds Ser 2015B-3

Last reported in fiscal year 2021, with $45,990,000 of principal then outstanding.

Terms

Closing date
November 17, 2015
Fiscal year issued
2016
Par amount
$45,990,000
New money / refunding
$45,990,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Negotiated
Final maturity
August 15, 2040

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2021$45,990,000$19,620,000$65,610,000
2020$45,990,000$21,459,600$67,449,600
2019$45,990,000$23,299,200$69,289,200
2018$45,990,000$25,138,800$71,128,800
2017$45,990,000$26,978,400$72,968,400
2016$45,990,000$28,818,000$74,808,000

Costs of issuance

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One-time costs reported: $335,198, or $7.29 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$0.21
Bond counselBracewell LLPOne time$56,862.00$1.24
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.03
Cobond counselBates & Coleman PCOne time$11,240.25$0.24
ContingencyNot reportedOne time$1,500.00$0.03
Disclosure counselWest & Associates LLPOne time$25,000.00$0.54
Escrow agentWilmington Trust NAOne time$1,500.00$0.03
Escrow verificationGrant Thornton LLPOne time$3,000.00$0.07
Financial advisorFirst Southwest Co LLCOne time$39,530.21$0.86
Underwriter's spread: management feeNot reportedOne time$9,583.00$0.21
Other costsNot reportedAnnual$1,000.00$0.02
Paying agent and registrarBank of New York Mellon Trust CoOne time$166.66$0.00
Paying agent and registrarBank of New York Mellon Trust CoAnnual$750.00$0.02
PrintingFirst Southwest Co LLCOne time$1,333.34$0.03
Rating agencyMoodysOne time$15,750.00$0.34
Rating agencyS&POne time$12,875.00$0.28
Underwriter's spread: expensesNot reportedOne time$5,882.31$0.13
Underwriter's spread: takedownNot reportedOne time$114,975.00$2.50
Underwriter's counsel (paid by the underwriter)Andrews & Kurth LLPOne time$25,000.00$0.54

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.