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Rayford Road MUD

Unl Tax Ref Bonds Ser 2015

$960,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
July 28, 2015
Fiscal year issued
2015
Par amount
$2,925,000
New money / refunding
$0 / $2,925,000
Pledge
Tax-supported (general obligation)
Purpose
Refunding
Sale
Private placement
Final maturity
March 1, 2029

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$960,000$62,964$1,022,964
2024$1,210,000$94,908$1,304,908
2023$1,465,000$133,584$1,598,584
2022$1,725,000$179,124$1,904,124
2021$1,985,000$231,528$2,216,528
2020$2,250,000$290,928$2,540,928
2019$2,520,000$357,456$2,877,456
2018$2,660,000$427,680$3,087,680
2017$2,800,000$501,600$3,301,600
2016$2,870,000$577,368$3,447,368

Costs of issuance

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One-time costs reported: $82,668, or $28.26 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$2,925.00$1.00
Bank counselAndrews & Kurth LLPOne time$2,500.00$0.85
Bond counselSmith Murdaugh Little & Bonham LLPOne time$35,000.00$11.97
Bond insuranceNoneOne time$0.00$0.00
ContingencyNot reportedOne time$2,000.00$0.68
Escrow agentBank of New York Mellon Trust CoOne time$500.00$0.17
Escrow verificationGrant Thornton LLPOne time$3,500.00$1.20
Financial advisorFirst Southwest Co LLCOne time$29,250.00$10.00
MACNot reportedOne time$692.50$0.24
Other costsNot reportedOne time$300.00$0.10
Paying agent and registrarBank of New York Mellon Trust CoAnnual$750.00$0.26
Private placementHuntington Bancshares IncOne time$6,000.00$2.05

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 4, 2026.

Texas fiscal years run September 1 to August 31.

Figures are as reported to the agency and have not been independently verified.