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Debt Obligation

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The total amount of debt supported by Ad Valorem Tax for the City of Bastrop, as of September 30, 2021, is $22,967,505 and revenue supported is $70,172,495 making the total debt obligation $93,140,000.. Total tax supported debt obligations expressed as per capita is $2,438. 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 2010 Census, estimated out for 11 years. The City's current general obligation bond rating with Standard & Poors is "AA" and revenue bond is "AA-".

 

graph per capita

 

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

Total Debt Outstanding by Issue

Bond Issues Purpose & Balances

Bond Election History

Current Fiscal Year's Tax Rate Information

Time Trend for Total Outstanding Tax-supported

Time Trend for Total Outstanding Revenue-supported

 

Other 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.”