2023 City of Belton Annual Comprehensive Financial Report

Page 138

City of Belton, Texas Direct and Overlapping Governmental Activities Debt General Obligation Bonds September 30, 2023 (Unaudited)

Debt Outstanding

Governmental Unit City Direct Debt (1) Overlapping Debt : Belton Independent School District Salado Independent School District Bell County Total overlapping Total direct and overlapping debt

(1) (2)

$

Estimated Share of Overlapping Debt

Estimated Percentage Applicable (2)

9,099,112 (1)

100.00 %

378,025,000 55,390,000 134,990,000

32.47% 1.58% 6.71%

$

122,744,718 875,162 9,057,829

568,405,000 $ 577,504,112

9,099,112

132,677,709 $

141,776,821

City Direct Debt is comprised of debt obligations supported by a pledge of ad valorem taxes. Overlapping debt estimates provided by Municipal Advisory Council of Texas

120


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2023 City of Belton Annual Comprehensive Financial Report by CityofBeltonTexas - Issuu