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Rio Grande City Grulla ISD · issued by Rio Grande City ISD

Rio Grande City ISD Unl Tax Ref Bonds Ser 2015B

$19,815,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
December 8, 2015
Fiscal year issued
2016
Par amount
$29,700,000
New money / refunding
$0 / $29,700,000
Pledge
Tax-supported (general obligation)
Purpose
Refunding
Sale
Negotiated
Final maturity
August 15, 2037

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$19,815,000$5,660,500$25,475,500
2024$21,050,000$6,547,275$27,597,275
2023$22,230,000$7,493,050$29,723,050
2022$23,350,000$8,494,825$31,844,825
2021$24,420,000$9,550,100$33,970,100
2020$25,440,000$10,656,375$36,096,375
2019$26,420,000$11,801,850$38,221,850
2018$27,360,000$12,984,925$40,344,925
2017$28,260,000$14,204,000$42,464,000
2016$29,130,000$15,457,875$44,587,875

Costs of issuance

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One-time costs reported: $392,704, or $13.22 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$0.32
Bond counselPerez Law Firm PLLCOne time$43,000.00$1.45
Bond insurancePermanent School Fund (PSF) GuaranteeOne time$1,500.00$0.05
ContingencyNot reportedOne time$9,682.96$0.33
Escrow agentWells Fargo BankOne time$2,500.00$0.08
Escrow verificationThe Arbitrage Group IncOne time$3,200.00$0.11
Financial advisorEstrada Hinojosa & Co IncOne time$2,500.00$0.08
Financial advisorEstrada Hinojosa & Co IncOne time$85,341.91$2.87
Underwriter's spread: management feeNot reportedOne time$19,305.00$0.65
Other costsWells Fargo BankOne time$500.00$0.02
Paying agent and registrarWells Fargo BankOne time$750.00$0.03
PrintingFinancial Printing Resources IncOne time$3,500.00$0.12
Rating agencyFitchOne time$21,000.00$0.71
Rating agencyS&POne time$17,250.00$0.58
Underwriter's spread: expensesNot reportedOne time$8,042.20$0.27
Underwriter's spread: takedownNot reportedOne time$138,402.00$4.66
Underwriter's counsel (paid by the underwriter)McCall Parkhurst & Horton LLPOne time$26,730.00$0.90

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.