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Rayford Road MUD

Unl Tax Ref Bonds Ser 2019

$3,745,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
December 10, 2019
Fiscal year issued
2020
Par amount
$7,885,000
New money / refunding
$0 / $7,885,000
Pledge
Tax-supported (general obligation)
Purpose
Refunding
Sale
Negotiated
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$3,745,000$220,350$3,965,350
2024$5,045,000$360,113$5,405,113
2023$6,330,000$538,425$6,868,425
2022$7,635,000$755,888$8,390,888
2021$7,780,000$977,700$8,757,700
2020$7,800,000$1,200,113$9,000,113

Costs of issuance

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One-time costs reported: $275,268, or $34.91 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$7,885.00$1.00
Bond counselSmith Murdaugh Little & Bonham LLPOne time$78,850.00$10.00
Bond insuranceAssured Guaranty IncOne time$14,626.17$1.85
Escrow agentBank of New York Mellon Trust CoOne time$750.00$0.10
Escrow verificationPublic Finance Partners LLCOne time$3,500.00$0.44
Financial advisorMasterson Advisors LLCOne time$78,850.00$10.00
Underwriter's spread: management feeNot reportedOne time$7,885.00$1.00
Other costsNot reportedOne time$5,500.00$0.70
Other costsBank of New York Mellon Trust CoOne time$1,200.00$0.15
Other costsLumesis IncOne time$800.00$0.10
Paying agent and registrarBank of New York Mellon Trust CoAnnual$750.00$0.10
PrintingdigiColor LLCOne time$2,000.00$0.25
PrintingIpreo LLCOne time$1,000.00$0.13
Rating agencyS&POne time$16,000.00$2.03
Underwriter's spread: expensesNot reportedOne time$8,103.41$1.03
Underwriter's spread: takedownNot reportedOne time$39,318.75$4.99
Underwriter's counsel (paid by the underwriter)McCall Parkhurst & Horton LLPOne time$9,000.00$1.14

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.