RFS Bonds, Taxable Series 2016B
$235,775,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- April 12, 2016
- Fiscal year issued
- 2016
- Par amount
- $325,575,000
- New money / refunding
- $325,575,000 / $0
- Pledge
- Revenue
- Purpose
- School facilities and equipment
- Program
- College and University Bonds
- Sale
- Negotiated
- Final maturity
- May 15, 2045
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $235,775,000 | $89,425,946 | $325,200,946 |
| 2025 | Period 1 | $247,220,000 | $94,037,027 | $341,257,027 |
| 2024 | Year end | $247,220,000 | $98,648,109 | $345,868,109 |
| 2024 | Period 1 | $258,385,000 | $103,402,438 | $361,787,438 |
| 2023 | Year end | $258,385,000 | $108,156,767 | $366,541,767 |
| 2023 | Period 1 | $269,295,000 | $113,041,798 | $382,336,798 |
| 2022 | Year end | $269,295,000 | $117,926,829 | $387,221,829 |
| 2022 | Period 1 | $279,955,000 | $122,931,572 | $402,886,572 |
| 2021 | Year end | $279,955,000 | $127,936,314 | $407,891,314 |
| 2021 | Period 1 | $290,420,000 | $133,041,940 | $423,461,940 |
| 2020 | Year end | $290,420,000 | $138,147,565 | $428,567,565 |
| 2020 | Period 1 | $300,720,000 | $143,339,607 | $444,059,607 |
| 2019 | Year end | $300,720,000 | $148,531,650 | $449,251,650 |
| 2019 | Period 1 | $310,860,000 | $153,796,953 | $464,656,953 |
| 2018 | Year end | $310,860,000 | $159,062,257 | $469,922,257 |
| 2018 | Period 1 | $320,905,000 | $164,388,936 | $485,293,936 |
| 2017 | Year end | $320,905,000 | $169,715,615 | $490,620,615 |
| 2017 | Period 1 | $325,575,000 | $175,062,141 | $500,637,141 |
| 2016 | Year end | $325,575,000 | $181,388,863 | $506,963,863 |
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
Download CSVOne-time costs reported: $1,995,091, or $6.13 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $9,500.00 | $0.03 |
| Bond counsel | Andrews & Kurth LLP | One time | $99,914.00 | $0.31 |
| Disclosure counsel | Andrews & Kurth LLP | One time | $23,417.00 | $0.07 |
| Financial advisor | First Southwest Co LLC | One time | $162,983.00 | $0.50 |
| Other costs | Not reported | One time | $3,267.00 | $0.01 |
| Paying agent and registrar | Bank of Texas NA | One time | $2,800.00 | $0.01 |
| Printing | First Southwest Co LLC | One time | Not reported | |
| Printing | Ipreo LLC | One time | $2,935.00 | $0.01 |
| Rating agency | Fitch | One time | $62,446.00 | $0.19 |
| Rating agency | Moodys | One time | $95,230.00 | $0.29 |
| Rating agency | S&P | One time | $85,083.00 | $0.26 |
| Underwriter's spread: expenses | Not reported | One time | $102,324.49 | $0.31 |
| Underwriter's spread: takedown | Not reported | One time | $1,293,100.00 | $3.97 |
| Underwriter's counsel (paid by the underwriter) | McCall Parkhurst & Horton LLP | One time | $52,092.00 | $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.