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Driscoll ISD

Unl Tax Ref Bonds Ser 2016

Last reported in fiscal year 2019, with $285,000 of principal then outstanding.

Terms

Closing date
June 9, 2016
Fiscal year issued
2016
Par amount
$1,065,000
New money / refunding
$0 / $1,065,000
Pledge
Tax-supported (general obligation)
Purpose
Refunding
Sale
Private placement
Final maturity
August 15, 2020

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2019$285,000$8,550$293,550
2018$553,000$25,140$578,140
2017$799,000$49,110$848,110
2016$1,052,000$80,670$1,132,670

Costs of issuance

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One-time costs reported: $20,000, or $18.78 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$1,065.00$1.00
Bond counselMcCall Parkhurst & Horton LLPOne time$5,500.00$5.16
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$1.41
Escrow agentBank of Texas NAOne time$800.00$0.75
Financial advisorFrost BankOne time$10,635.00$9.99
Other costsWells Fargo BankOne time$500.00$0.47
Paying agent and registrarBroadway BankOne time$0.00$0.00

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 4, 2026.

Texas fiscal years run September 1 to August 31.

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