Debt Obligation
The total amount of debt supported by Ad Valorem Tax for the City of Bastrop, as of September 30, 2022, is $28,540,142 and revenue supported is $94,818,315 making the total debt obligation $123,358,457. Total tax supported debt obligations expressed as per capita is $2,580. The City of Bastrop debt obligations summary is shown below. The city does not participate in any lease-purchase or lease-revenue obligations. The population used in this calculation was derived from the 2020 Census, estimated out for 2 years. The City's current general obligation bond rating with Standard & Poors is "AA" and revenue bond is "AA-".
There is not a bond election scheduled at this time.