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Cypress-Fairbanks ISD

VR Unl Tax School Bldg Bonds Ser 2017A-1

Last reported in fiscal year 2020, with $51,140,000 of principal then outstanding.

Terms

Closing date
November 15, 2017
Fiscal year issued
2018
Par amount
$62,500,000
New money / refunding
$62,500,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Negotiated
Final maturity
August 15, 2027

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2020$51,140,000$7,303,785$58,443,785
2019$56,350,000$8,445,866$64,795,866
2018$62,500,000$17,549,700$80,049,700

Costs of issuance

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One-time costs reported: $360,881, or $5.77 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$8,718.03$0.14
Bond counselBracewell LLPOne time$57,240.73$0.92
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,376.53$0.02
Co bond counselBates & Coleman PCOne time$19,080.24$0.31
Co bond counselBates & Coleman PCOne time$611.79$0.01
Disclosure counselWest & Associates LLPOne time$29,060.09$0.47
Financial advisorFirst Southwest Co LLCOne time$44,111.11$0.71
Underwriter's spread: management feeNot reportedOne time$12,315.00$0.20
Other costsNot reportedOne time$152.95$0.00
Other costsNot reportedOne time$917.68$0.01
Other costsBank of New York Mellon Trust CoAnnual$305.90$0.00
Paying agent and registrarBank of New York Mellon Trust CoAnnual$688.27$0.01
PrintingFirst Southwest Co LLCOne time$1,088.99$0.02
Rating agencyMoodysOne time$27,989.45$0.45
Rating agencyS&POne time$21,106.80$0.34
Underwriter's spread: expensesNot reportedOne time$11,694.77$0.19
Underwriter's spread: takedownNot reportedOne time$93,750.00$1.50
Underwriter's counsel (paid by the underwriter)Andrews Kurth Kenyon LLPOne time$31,666.67$0.51

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.