RFS Bonds Series 2024

$49,525,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date: October 8, 2024
Fiscal year issued: 2025
Par amount: $50,195,000
New money / refunding: $50,195,000 / $0
Pledge: Revenue
Purpose: School facilities and equipment
Program: College and University Bonds
Sale: Private placement
Final maturity: August 1, 2034

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	$49,525,000	$16,465,296	$65,990,296
2025	Period 1	$13,550,000	$4,296,342	$17,846,342
2025	Period 1	$36,645,000	$13,268,225	$49,913,225

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: $197,117, or $3.93 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	$0.19
Bank counsel	Norton Rose Fulbright US LLP	One time	$20,000.00	$0.40
Bond counsel	McCall Parkhurst & Horton LLP	One time	$56,665.75	$1.13
Bond counsel expense	McCall Parkhurst & Horton LLP	One time	$96.54	$0.00
Financial advisor	Hilltop Securities Inc	One time	$55,097.50	$1.10
Financial advisor	Hilltop Securities Inc	One time	$357.20	$0.01
Paying agent and registrar	BOKF NA	One time	$400.00	$0.01
Paying agent and registrar	BOKF NA	Annual	$400.00	$0.01
Rating agency	Fitch	One time	$55,000.00	$1.10

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.