Rio Grande City Grulla ISD · issued by Rio Grande City ISD
Rio Grande City ISD Unl Tax Ref Bonds Ser 2016
$4,795,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- December 29, 2016
- Fiscal year issued
- 2017
- Par amount
- $4,900,000
- New money / refunding
- $0 / $4,900,000
- Pledge
- Tax-supported (general obligation)
- Purpose
- Refunding
- Sale
- Negotiated
- Final maturity
- August 15, 2029
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $4,795,000 | $500,600 | $5,295,600 |
| 2024 | $4,795,000 | $703,600 | $5,498,600 |
| 2023 | $4,795,000 | $906,600 | $5,701,600 |
| 2022 | $4,795,000 | $1,109,600 | $5,904,600 |
| 2021 | $4,795,000 | $1,312,600 | $6,107,600 |
| 2020 | $4,795,000 | $1,515,600 | $6,310,600 |
| 2019 | $4,795,000 | $1,718,600 | $6,513,600 |
| 2018 | $4,795,000 | $1,921,600 | $6,716,600 |
| 2017 | $4,795,000 | $2,124,600 | $6,919,600 |
Costs of issuance
Download CSVOne-time costs reported: $137,073, or $27.97 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $4,900.00 | $1.00 |
| Bond counsel | Perez Law Firm PLLC | One time | $19,500.00 | $3.98 |
| Bond insurance | Permanent School Fund (PSF) Guarantee | One time | $1,500.00 | $0.31 |
| Contingency | Not reported | One time | $4,644.83 | $0.95 |
| Escrow agent | Wells Fargo Bank | One time | $3,000.00 | $0.61 |
| Escrow verification | The Arbitrage Group Inc | One time | $1,900.00 | $0.39 |
| Financial advisor | Estrada Hinojosa & Co Inc | One time | $1,500.00 | $0.31 |
| Financial advisor | Estrada Hinojosa & Co Inc | One time | $1,500.00 | $0.31 |
| Financial advisor | Estrada Hinojosa & Co Inc | One time | $35,616.26 | $7.27 |
| Underwriter's spread: management fee | Not reported | One time | $4,900.00 | $1.00 |
| Other costs | Wells Fargo Bank | One time | $1,050.00 | $0.21 |
| Paying agent and registrar | Wells Fargo Bank | One time | $750.00 | $0.15 |
| Printing | Financial Printing Resources Inc | One time | $2,500.00 | $0.51 |
| Rating agency | Fitch | One time | $9,000.00 | $1.84 |
| Rating agency | S&P | One time | $10,500.00 | $2.14 |
| Underwriter's spread: expenses | Not reported | One time | $3,203.43 | $0.65 |
| Underwriter's spread: takedown | Not reported | One time | $24,108.00 | $4.92 |
| Underwriter's counsel (paid by the underwriter) | McCall Parkhurst & Horton LLP | One time | $7,000.00 | $1.43 |
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.