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Dripping Springs ISD

Unl Tax School Bldg & Ref Bonds Ser 2023

$155,735,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
December 5, 2023
Fiscal year issued
2024
Par amount
$163,290,000
New money / refunding
$95,100,000 / $68,190,000
Pledge
Tax-supported (general obligation)
Purpose
School facilities and equipment
Sale
Negotiated
Final maturity
August 15, 2053

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$155,735,000$94,391,125$250,126,125
2024$157,475,000$102,221,375$259,696,375

Costs of issuance

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One-time costs reported: $1,382,252, or $8.47 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$0.06
Bond counselBracewell LLPOne time$241,500.00$1.48
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$3,000.00$0.02
ContingencyNot reportedOne time$6,380.00$0.04
CUSIPNot reportedOne time$290.00$0.00
Escrow agentBank of New York Mellon Trust CoOne time$8,250.00$0.05
Escrow verificationPublic Finance Partners LLCOne time$4,500.00$0.03
Financial advisorSpecialized Public Finance IncOne time$258,775.00$1.58
Underwriter's spread: management feeNot reportedOne time$57,151.50$0.35
Other costsBaseFundOne time$2,500.00$0.02
Paying agent and registrarBank of New York Mellon Trust CoOne time$750.00$0.00
PrintingIpreo LLCOne time$1,200.00$0.01
PrintingIsland PrintingOne time$548.70$0.00
Rating agencyS&POne time$77,800.00$0.48
Underwriter's spread: expensesNot reportedOne time$34,313.50$0.21
Underwriter's spread: takedownNot reportedOne time$610,477.50$3.74
Underwriter's counsel (paid by the underwriter)McCall Parkhurst & Horton LLPOne time$65,316.00$0.40

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.