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Direct and Overlapping Governmental Activities Debt – General Obligation Bonds XI
City of Belton, Texas
Direct and Overlapping Governmental Activities Debt General Obligation Bonds
September 30, 2021 XI
Estimated Estimated Share of Debt Overlapping Percentage Governmental Unit Outstanding Debt Applicable (2)
City Direct Debt (1) $11,341,369 (1) 100.00 % $ 11,341,369
Overlapping Debt : Belton Independent School District 228,020,000 35.21% 80,285,842 Bell County 159,610,000 7.22% 11,523,842 Total overlapping 387,630,000 91,809,684
Total direct and overlapping debt $398,971,369 $ 103,151,053
(1) City Direct Debt is comprised of debt obligations supported by a pledge of ad valorem taxes. (2) Overlapping debt estimates provided by Municipal Advisory Council of Texas