Sys First Tier Rev Ref Bonds Ser 2016A
$414,610,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- June 1, 2016
- Fiscal year issued
- 2016
- Par amount
- $987,790,000
- New money / refunding
- $0 / $987,790,000
- Pledge
- Revenue
- Purpose
- Refunding
- Sale
- Negotiated
- Final maturity
- July 1, 2039
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $414,610,000 | $173,585,000 | $588,195,000 |
| 2024 | $459,285,000 | $194,932,375 | $654,217,375 |
| 2023 | $842,630,000 | $269,714,000 | $1,112,344,000 |
| 2022 | $883,605,000 | $312,369,875 | $1,195,974,875 |
| 2021 | $922,620,000 | $357,025,500 | $1,279,645,500 |
| 2020 | $938,090,000 | $403,043,250 | $1,341,133,250 |
| 2019 | $952,820,000 | $449,816,000 | $1,402,636,000 |
| 2018 | $966,850,000 | $497,307,750 | $1,464,157,750 |
| 2017 | $980,215,000 | $545,484,375 | $1,525,699,375 |
| 2016 | $987,790,000 | $598,258,625 | $1,586,048,625 |
Costs of issuance
Download CSVOne-time costs reported: $6,278,305, or $6.36 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Accountant CPA | Crowe Horwath LLP | One time | $12,500.00 | $0.01 |
| Attorney General review | Not reported | One time | $9,500.00 | $0.01 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $540,000.00 | $0.55 |
| Bond insurance | None | One time | $0.00 | $0.00 |
| Cobond counsel | Mahomes Bolden & Warren PC | One time | $360,000.00 | $0.36 |
| Co financial advisor | Estrada Hinojosa & Co Inc | One time | $120,000.00 | $0.12 |
| Co financial advisor | RSI Group LLC | One time | $40,000.00 | $0.04 |
| Escrow agent | Wells Fargo Bank | Annual | Not reported | |
| Escrow verification | Grant Thornton LLP | One time | $5,000.00 | $0.01 |
| Financial advisor | First Southwest Co LLC | One time | $240,000.00 | $0.24 |
| Issuer counsel | McGuire Woods LLP | One time | $50,000.00 | $0.05 |
| Other costs | Not reported | One time | $85,881.00 | $0.09 |
| Paying agent and registrar | Wells Fargo Bank | One time | $13,000.00 | $0.01 |
| Rating agency | Moodys | One time | $155,000.00 | $0.16 |
| Rating agency | S&P | One time | $149,420.00 | $0.15 |
| Underwriter's spread: expenses | Not reported | One time | $101,609.00 | $0.10 |
| Underwriter's spread: takedown | Not reported | One time | $4,121,395.00 | $4.17 |
| Underwriter's counsel (paid by the underwriter) | Bracewell LLP | One time | $275,000.00 | $0.28 |
| Underwriter's counsel (paid by the underwriter) | West & Associates LLP | One time | Not reported |
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.