Texas Water Districts Debt

Lauren Willis
Chris Bryan
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ext. 3-4070

November 20, 2014

Texas Comptroller Susan Combs Releases Updated “Debt-At-A-Glance” Pages For Texas Water Districts

(AUSTIN) — Texas Comptroller Susan Combs today announced updated “Debt-at-a-Glance” Web pages that detail debt information for all water and municipal utility districts in the state, a major milestone in the Comptroller’s efforts to shine a light on government spending.

The new information includes debt information for 2,106 water and municipal utility districts, and an updated bond election table with the recent results from the Nov. 4 elections.

“As Comptroller I have made transparency at all levels of government a top priority,” Combs said. “Since launching our Debt-at-a-Glance pages, we have continued to add information beneficial to taxpayers. This updated information includes the November 2014 bond elections as well as essential data concerning water and municipal utility districts, which give Texans easy access to informative data to help them understand the full scope of their local government debt obligations.”

Information for the water and utility districts can be found HERE. The data is updated through the end of fiscal 2013 and comes from the Texas Commission on Environmental Quality and the Bond Review Board, which compiles debt information reported by state agencies and local governments.

Results from the Nov. 4 bond elections can be found HERE at Nov. 4 Bond Election results.

Debt at a Glance is a user-friendly online Web resource that outlines debt totals and trends as well as details on tax rates, bond elections, authorized but unissued debt, certificates of obligation and links to the comprehensive annual financial report (CAFR).

The Web pages were already in place for each of the state’s 1,215 cities, 1,026 school districts, 50 community college districts and 254 counties. The entities covered to date represent 91 percent of all local debt in Texas.