Microsoft Word - Debt Disclosure info for Webt 2016-2017 ...
BROCK INDEPENDENT SCHOOL DISTRICT DEBT TRANSPARENCY AS OF JUNE 30, 2018APPROVED BOND AUTHORIZATIONS BY VOTERS AS OF JUNE 30, 2018Authorization YearIssuedUnissuedTotal Authorization AmountPurpose for which Debt was authorized2012$2,535,0000$2,535,000Refund old bonds,2012A$2,759,3310$2,759,331construct, renovate,2013$3,495,0000$3,495,000acquire, and equip2015 RFDG$8,770,0000$8,770,000school buildings and2016 RFDG$13,119,2010$13,119,201pay costs to issue2017$18,000,0000$18,000,000BondsCurrent credit rating given by any nationally recognized credit organization to debt obligation of the political subdivision:Standard & Poor’s Rating Services:Stand AloneA+ PSF GuaranteeAAATotal Principal and Interest Outstanding at June 30, 2018$84,862,385Outstanding Debt Per Capital (Principal Only‐I&S Fund Balance) ($46,710,854‐$2,092,238)/7718**$5,781.11**Per latest TMR annual report for DistrictUnspent Proceeds as of June 30, 2018IssuePurpose2017Construction andNew Money ReceivedProceeds SpentTotal UnspentRenovation ofBuildings andEquipping schoolFacilities$18,000,000$15,741,928$2,258,072 ................
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