The total amount of advalorem tax supported debt for the City of El Campo, as of September 30, 2018 was $26,030,246, revenue supported debt was $9,793,536. This page provides information on the City’s general obligation and revenue bonds; as well as bond/investment information.
Debt Obligations PDF
HB 1378: Debt Obligation Reporting
The 84th Legislature passed HB 1378 to increase the transparency of local government debt. Under local 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.
Tax Rate and Previous Budgets
The City's tax rate for FY19 (October 1, 2018 through September 30, 2019) is $0.63218, $0.44718 for maintenance and operation of the General Fund and $0.18500 for payment of principal and interest on debt.
Previous budgets can be found here. Please note that debt information is included in the Appendices.
For more information on financial transparency, please visit the Texas Comptroller of Public Accounts Debt at a Glance tool and Bond Review Board local government data.
As bond elections occur, information regarding the date of the election, purpose and amount will be included here.