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.

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.