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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.
HB 1378: Debt Obligation Reporting
The 84th Legislature passed HB 1378 to increase the transparency of local government debt. Under political subdivisions, including cities, annually compiling of their debt obligation data from the preceding fiscal year is required.
Total Debt Outstanding per year and Issue
Time Trend for Total Outstanding Tax & Revenue Supported Debt
Bond Issues Purpose & Balances
Bond Election History
Current Fiscal Year's Tax Rate Information
Texas Comptroller of Public Accounts Debt at a Glance Tool
Local Entity Debt Lookup tool
City Council Contact Information
Link to previous adopted budgets
Texas Bond Review Board
“The Mission of the City of Bastrop is to continuously strive to provide innovative and proactive services that enhance our authentic way of life to achieve our vision.”
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