The City of Shenandoah debt obligations summary is shown below. The total outstanding debt included debt paid for by property taxes and debt that is paid for by the water and sewer enterprise fund. The last maturity date is scheduled for August 2033.
|FYE 2017||Per Capita*|
|Total Outstanding Debt Obligations||$20,595,000||-|
|Tax-Supported Debt Obligations||$17,283,500.00||$6,764.58|
|Revenue-Supported Debt Obligations||$3,311,500.00||-|
|Lease-Purchase or Lease Revenue Debt Obligations||$0.00||-|
*2013 population of 2,555. Source: United States Census Bureau
To view historical election information, click here.
To view current debt outstanding for the current fiscal year, click here.
To view outstanding debt by issue & a 5 year historical review, click here.
To view the debt service excerpts from previous years' budgets, click here.
To view the tax rates for the current fiscal year, click here.
To view Shenandoah's S&P Rating from November 2015, click here.
HB 1378: Debt Obligation Reporting under Local Government Code Section 140.008
The 84th Legislature passed HB 1378 to increase the transparency of local government debt. Under Local Government Code § 140.008, political subdivisions, including counties, cities, school districts, junior college districts, special purpose districts, and other subdivisions of state government must annually compile their debt obligation data from the preceding fiscal year.
To view Texas Comptroller annual local debt report for 2017, click here.