The Public Math

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Principal

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Principal is the amount actually borrowed, before any interest is added.

In Leander. Of the $3.0 billion the district was scheduled to pay as of June 30, 2025, about $1.5 billion was principal.1

Everyday comparison. It is the sticker price of the car, not the finance charge.

Related terms: interest, bond. Read more: debt.

Footnotes

  1. Leander ISD, Annual Comprehensive Financial Report 2025, debt schedule, page 46. Local copy. ↩

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