Real-World · Refunding Verification
City of McKinney — GO Refunding Bonds, Series 2025B
A penny-perfect replication of the Causey Public Finance verification report for
McKinney's $26.44M Series 2025B current refunding of the 2015 GO bonds. Nine tabs walk
through every Causey exhibit (escrow cash flow, SLGS receipt, sources & uses,
refunding production), plus a full PV-savings vs. cash-flow reconciliation, TIC and
All-in TIC, escrow arbitrage analysis, ratings, authority for issuance, and an
inline glossary of every refunding term.
- Source
- Causey Verification Report (June 18, 2025) · Series 2025B Official Statement (May 21, 2025)
- Coverage
- 9 tabs · 21 DS rows verified · 11 OIP maturities tied to OS p.v · full PV/TIC math
- Best For
- Auditing a refunding to the penny · teaching PV vs. cash-flow savings · council briefings on a current refunding
Real Data
Financial
Interactive