RFS Bonds, Taxable Series 2016A

$29,380,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date: April 12, 2016
Fiscal year issued: 2016
Par amount: $91,520,000
New money / refunding: $0 / $91,520,000
Pledge: Revenue
Purpose: Refunding
Program: College and University Bonds
Sale: Negotiated
Final maturity: May 15, 2037

Debt outstanding by fiscal year

Principal, interest and debt service outstanding at each reporting date
Fiscal year	Period	Principal	Interest	Total debt service
2025	Year end	$665,000	$28,665	$693,665
2025	Year end	$28,715,000	$4,647,190	$33,362,190
2025	Period 1	$990,000	$42,445	$1,032,445
2025	Period 1	$36,060,000	$5,213,707	$41,273,707
2024	Year end	$36,060,000	$5,780,224	$41,840,224
2024	Year end	$990,000	$56,226	$1,046,226
2024	Period 1	$1,305,000	$74,048	$1,379,048
2024	Period 1	$43,220,000	$6,438,605	$49,658,605
2023	Year end	$1,305,000	$91,870	$1,396,870
2023	Year end	$43,220,000	$7,096,985	$50,316,985
2023	Period 1	$1,615,000	$113,405	$1,728,405
2023	Period 1	$50,215,000	$7,839,165	$58,054,165
2022	Year end	$50,215,000	$8,581,345	$58,796,345
2022	Year end	$1,615,000	$134,941	$1,749,941
2022	Period 1	$58,885,000	$9,420,890	$68,305,890
2022	Period 1	$1,915,000	$159,846	$2,074,846
2021	Year end	$1,915,000	$184,751	$2,099,751
2021	Year end	$58,885,000	$10,260,434	$69,145,434
2021	Period 1	$67,535,000	$11,183,365	$78,718,365
2021	Period 1	$2,205,000	$212,451	$2,417,451
2020	Year end	$67,535,000	$12,106,295	$79,641,295
2020	Year end	$2,205,000	$240,151	$2,445,151
2020	Period 1	$2,495,000	$270,285	$2,765,285
2020	Period 1	$76,040,000	$13,100,582	$89,140,582
2019	Year end	$2,495,000	$300,418	$2,795,418
2019	Year end	$76,040,000	$14,094,870	$90,134,870
2019	Period 1	$2,780,000	$332,610	$3,112,610
2019	Period 1	$84,460,000	$15,149,991	$99,609,991
2018	Year end	$84,460,000	$16,205,113	$100,665,113
2018	Year end	$2,780,000	$364,803	$3,144,803
2018	Period 1	$85,730,000	$17,267,995	$102,997,995
2018	Period 1	$2,825,000	$397,270	$3,222,270
2017	Year end	$2,825,000	$429,738	$3,254,738
2017	Year end	$85,730,000	$18,330,876	$104,060,876
2017	Period 1	$86,995,000	$19,400,083	$106,395,083
2017	Period 1	$2,895,000	$462,555	$3,357,555
2016	Year end	$86,995,000	$20,469,289	$107,464,289
2016	Year end	$2,895,000	$495,373	$3,390,373

State issues are reported twice each fiscal year. "Year end" is the balance at the end of the fiscal year (reporting period 2), which the totals on this site use; "Period 1" is the earlier report in the same year.

Costs of issuance

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One-time costs reported: $485,145, or $5.30 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
Cost	Paid to	Type	Amount	Per $1,000
Attorney General review	Not reported	One time	$9,500.00	$0.10
Bond counsel	Andrews & Kurth LLP	One time	$28,086.00	$0.31
Disclosure counsel	Andrews & Kurth LLP	One time	$6,583.00	$0.07
Escrow agent	Bank of Texas NA	One time	$1,500.00	$0.02
Escrow verification	Causey Demgen & Moore PC	One time	$2,250.00	$0.02
Financial advisor	First Southwest Co LLC	One time	$45,815.00	$0.50
Other costs	Not reported	One time	$8,521.00	$0.09
Other costs	Regions Bank	One time	$300.00	$0.00
Paying agent and registrar	Bank of Texas NA	One time	$2,800.00	$0.03
Printing	First Southwest Co LLC	One time	Not reported
Printing	Ipreo LLC	One time	$825.00	$0.01
Rating agency	Fitch	One time	$17,554.00	$0.19
Rating agency	Moodys	One time	$26,770.00	$0.29
Rating agency	S&P	One time	$23,917.00	$0.26
Underwriter's spread: expenses	Not reported	One time	$35,180.00	$0.38
Underwriter's spread: takedown	Not reported	One time	$260,901.00	$2.85
Underwriter's counsel (paid by the underwriter)	McCall Parkhurst & Horton LLP	One time	$14,643.20	$0.16

Source: State Issuance Fee By Year (updated by the publisher Aug 27, 2026); Debt Outstanding By Issuance State By Year (updated by the publisher Aug 26, 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.