Balch Springs

Debt
Outstanding
- Fiscal Year 2021 -
Tax Supported:
$13,250,000
Revenue Supported:
$90,000
Total Outstanding:
$13,340,000
Debt
Issued
- Fiscal Year 2021 -
Tax Supported:
$0
Revenue Supported:
$0
Total Issued:
$0

The fiscal year for the State of Texas runs from September 1 until August 31.

Unless otherwise stated, the data for each chart is as of the fiscal year stated above.

TIP: Click on the legend elements to focus the chart's display.

The chart above shows an annual trend of the total principal amount of debt outstanding for the Texas local government debt issuer and includes both tax-supported debt and revenue debt.

The above chart shows the total tax-supported debt of the Texas local government debt issuer and compares this to the tax-supported debt of the eight cities with the most similar population. The chart illustrates the portion of tax-supported debt attributable to certificate of obligation (CO). A CO is an obligation issued by a city, county or certain hospital districts under subchapter C of Chapter 271 of the Local Government Code to finance public projects. CO debt is paid from ad valorem taxes and/or a combination of revenues available from other sources. A CO issuance does not require voter approval unless a valid petition of 5 percent of the voters requesting an election is presented. Data for this chart is represented as of the most recently published fiscal year.
Third Party Data Sources: United States Census Bureau Population Division, Population

The above chart shows the tax-supported debt per capita of the Texas local government debt issuer and compares this to the tax-supported debt of the eight cities with the most similar population. Data for this chart is represented as of the most recently published fiscal year.
Third Party Data Sources: United States Census Bureau Population Division, Population

The above chart shows the annual tax-supported debt per capita of the Texas local government debt issuer and compares this to a trendline of its closest peers. The debt per capita trendline is based on a sample of the eight cities with the most similar population. The exact members in the current peer group are represented in the previous chart.

Third Party Data Sources: United States Census Bureau Population Division, Population

The chart above compares the total debt service owed by the Texas local government debt issuer alongside the eight cities with the most similar population and includes the principal and interest of current interest bonds (CIBs) outstanding compared to capital appreciation bonds (CABs) outstanding.

Third Party Data Sources: United States Census Bureau Population Division, Population

The chart above shows total debt service outstanding for the Texas local government debt issuer and includes a breakout of the principal and interest of current interest bonds (CIBs) compared to capital appreciation bonds (CABs). Note that most local government debt issuers do not have capital appreciation bonds outstanding. Also, included in the chart is an illustration of the projected annual scheduled debt service owed in the future until the final maturity date of all outstanding debt.

The above chart measures the rate of debt retirement for the Texas local government’s tax-supported debt outstanding. The rate of debt retirement measures the extent to which new debt capacity is created for future debt issuance. As a guideline, rating agencies look for a repayment schedule that retires (repays) 25 percent of the principal one quarter through the life of the debt (Q1), 50 percent halfway through the life of the debt (Q2), and 75 percent of the principal repaid by three-quarters of the debt’s life (Q3).

The above chart measures the rate of debt retirement for the Texas local government's revenue debt outstanding. The rate of debt retirement measures the extent to which new debt capacity is created for future debt issuance. As a guideline, rating agencies look for a repayment schedule that retires (repays) 25 percent of the principal one quarter through the life of the debt (Q1), 50 percent halfway through the life of the debt (Q2), and 75 percent of the principal repaid by three-quarters of the debt’s life (Q3).

The chart above represents unique bond counsel firms used by the Texas local government debt issuer over the past five fiscal years. The size of each bar is determined by summing the total fees paid to each firm. Bond counsel firms that are designated as historically underutilized businesses (HUBs) are coded as such in the chart legend.

For more information about local government bond issue costs, see Appendix D of the Bond Review Board Local Government Annual Report.

The chart above represents unique financial advisor firms used by the Texas local government debt issuer over the past five fiscal years. The size of each bar is determined by summing the total fees paid to each firm. Financial advisor firms that are designated as historically underutilized businesses (HUBs) are coded as such in the chart legend.

The chart above represents the top 20 unique underwriter firms used by the Texas local government debt issuer during the past five fiscal years. The size of each bar is determined by summing the number of issuances the firm has served as an underwriter for the issuer. Underwriter firms that are designated as historically underutilized businesses (HUBs) are coded as such in the chart legend.

The chart above represents the rating agency fees paid by the Texas local government debt issuer over the past five fiscal years. The size of each slice is determined by the sum of the fees paid to each rating agency by the issuer.