RFS Impr & Ref Bonds, Series 2016
$34,615,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- April 28, 2016
- Fiscal year issued
- 2016
- Par amount
- $56,915,000
- New money / refunding
- $37,585,000 / $19,330,000
- Pledge
- Revenue
- Purpose
- School facilities and equipment
- Program
- College and University Bonds
- Sale
- Negotiated
- Final maturity
- October 15, 2029
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $10,225,000 | $1,225,525 | $11,450,525 |
| 2025 | Year end | $24,390,000 | $5,435,253 | $29,825,253 |
| 2025 | Period 1 | $24,390,000 | $5,936,344 | $30,326,344 |
| 2025 | Period 1 | $10,225,000 | $1,470,000 | $11,695,000 |
| 2024 | Year end | $11,980,000 | $1,758,350 | $13,738,350 |
| 2024 | Year end | $26,060,000 | $6,479,184 | $32,539,184 |
| 2024 | Period 1 | $26,060,000 | $7,022,025 | $33,082,025 |
| 2024 | Period 1 | $11,980,000 | $2,046,700 | $14,026,700 |
| 2023 | Year end | $13,645,000 | $2,376,675 | $16,021,675 |
| 2023 | Year end | $27,650,000 | $7,604,616 | $35,254,616 |
| 2023 | Period 1 | $13,645,000 | $2,706,650 | $16,351,650 |
| 2023 | Period 1 | $27,650,000 | $8,187,206 | $35,837,206 |
| 2022 | Year end | $15,215,000 | $3,075,875 | $18,290,875 |
| 2022 | Year end | $29,425,000 | $8,814,172 | $38,239,172 |
| 2022 | Period 1 | $29,425,000 | $9,441,138 | $38,866,138 |
| 2022 | Period 1 | $15,215,000 | $3,445,100 | $18,660,100 |
| 2021 | Year end | $31,110,000 | $10,110,228 | $41,220,228 |
| 2021 | Year end | $16,700,000 | $3,851,450 | $20,551,450 |
| 2021 | Period 1 | $16,700,000 | $4,257,800 | $20,957,800 |
| 2021 | Period 1 | $31,110,000 | $10,779,319 | $41,889,319 |
| 2020 | Year end | $32,725,000 | $11,480,710 | $44,205,710 |
| 2020 | Year end | $18,110,000 | $4,692,350 | $22,802,350 |
| 2020 | Period 1 | $32,725,000 | $12,182,100 | $44,907,100 |
| 2020 | Period 1 | $18,110,000 | $5,126,900 | $23,236,900 |
| 2019 | Year end | $34,280,000 | $12,914,591 | $47,194,591 |
| 2019 | Year end | $18,110,000 | $5,561,450 | $23,671,450 |
| 2019 | Period 1 | $18,110,000 | $5,996,000 | $24,106,000 |
| 2019 | Period 1 | $34,280,000 | $13,647,081 | $47,927,081 |
| 2018 | Year end | $35,765,000 | $14,401,847 | $50,166,847 |
| 2018 | Year end | $18,110,000 | $6,430,550 | $24,540,550 |
| 2018 | Period 1 | $35,765,000 | $15,156,613 | $50,921,613 |
| 2018 | Period 1 | $18,110,000 | $6,865,100 | $24,975,100 |
| 2017 | Year end | $18,110,000 | $7,299,650 | $25,409,650 |
| 2017 | Year end | $37,005,000 | $15,923,778 | $52,928,778 |
| 2017 | Period 1 | $37,005,000 | $16,690,944 | $53,695,944 |
| 2017 | Period 1 | $18,110,000 | $7,734,200 | $25,844,200 |
| 2016 | Year end | $38,780,000 | $17,419,171 | $56,199,171 |
| 2016 | Year end | $18,110,000 | $8,137,366 | $26,247,366 |
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: $712,691, or $12.52 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 | $0.17 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $33,831.00 | $0.59 |
| Bond insurance | Assured Guaranty Inc | One time | $111,337.00 | $1.96 |
| Escrow agent | Bank of Texas NA | One time | $2,750.00 | $0.05 |
| Escrow verification | Grant Thornton LLP | One time | $3,500.00 | $0.06 |
| Financial advisor | First Southwest Co LLC | One time | $59,458.00 | $1.04 |
| Other costs | Not reported | One time | $2,373.00 | $0.04 |
| Paying agent and registrar | Bank of Texas NA | One time | $350.00 | $0.01 |
| Printing | First Southwest Co LLC | One time | Not reported | |
| Printing | Ipreo LLC | One time | $2,760.00 | $0.05 |
| Rating agency | Fitch | One time | $32,413.00 | $0.57 |
| Rating agency | Moodys | One time | $42,600.00 | $0.75 |
| Rating agency | S&P | One time | $28,215.00 | $0.50 |
| Underwriter's spread: expenses | Not reported | One time | $93,578.72 | $1.64 |
| Underwriter's spread: takedown | Not reported | One time | $260,025.00 | $4.57 |
| Underwriter's counsel (paid by the underwriter) | Andrews & Kurth LLP | One time | $30,000.00 | $0.53 |
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.