Debt Obligation

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-".