Texas Public Finance Authority
State of Texas GO Ref Bonds (Texas Military Value Revolving Loan Program), Taxable Series 2016
$13,995,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- December 7, 2016
- Fiscal year issued
- 2017
- Par amount
- $25,420,000
- New money / refunding
- $0 / $25,420,000
- Pledge
- Tax-supported (general obligation)
- Purpose
- Refunding
- Program
- TPFA TMPC, GO, SS
- Sale
- Negotiated
- Final maturity
- October 1, 2032
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $13,995,000 | $1,910,653 | $15,905,653 |
| 2025 | Period 1 | $13,995,000 | $2,145,127 | $16,140,127 |
| 2024 | Year end | $15,625,000 | $2,412,201 | $18,037,201 |
| 2024 | Period 1 | $15,625,000 | $2,679,275 | $18,304,275 |
| 2023 | Year end | $17,195,000 | $2,977,748 | $20,172,748 |
| 2023 | Period 1 | $17,195,000 | $3,276,222 | $20,471,222 |
| 2022 | Year end | $18,700,000 | $3,604,796 | $22,304,796 |
| 2022 | Period 1 | $18,700,000 | $3,933,369 | $22,633,369 |
| 2021 | Year end | $20,150,000 | $4,290,943 | $24,440,943 |
| 2021 | Period 1 | $20,150,000 | $4,648,517 | $24,798,517 |
| 2020 | Year end | $21,545,000 | $5,033,990 | $26,578,990 |
| 2020 | Period 1 | $21,545,000 | $5,419,464 | $26,964,464 |
| 2019 | Year end | $22,885,000 | $5,831,738 | $28,716,738 |
| 2019 | Period 1 | $22,885,000 | $6,244,012 | $29,129,012 |
| 2018 | Year end | $24,175,000 | $6,682,085 | $30,857,085 |
| 2018 | Period 1 | $24,175,000 | $7,120,159 | $31,295,159 |
| 2017 | Year end | $25,420,000 | $7,583,133 | $33,003,133 |
| 2017 | Period 1 | $25,420,000 | $7,876,349 | $33,296,349 |
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: $325,630, or $12.81 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 | $0.37 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $55,000.00 | $2.16 |
| Disclosure counsel | Escamilla & Poneck LLP | One time | $40,030.00 | $1.57 |
| Escrow agent | Texas Treasury Safekeeping Trust Co | One time | $500.00 | $0.02 |
| Financial advisor | First Southwest Co LLC | One time | $33,369.00 | $1.31 |
| Underwriter's spread: management fee | Not reported | One time | $12,710.00 | $0.50 |
| Other costs | Not reported | One time | $3,584.00 | $0.14 |
| Printing | Financial Printing Resources Inc | One time | $774.00 | $0.03 |
| Rating agency | Moodys | One time | $18,730.00 | $0.74 |
| Rating agency | S&P | One time | $20,062.00 | $0.79 |
| Underwriter's spread: expenses | Not reported | One time | $20,971.00 | $0.83 |
| Underwriter's spread: takedown | Not reported | One time | $95,400.00 | $3.75 |
| Underwriter's counsel (paid by the underwriter) | Norton Rose Fulbright US LLP | One time | $15,000.00 | $0.59 |
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.