Debt

    • hands pointing at graph on clipboardView required disclosures under HB 1378.  
    • Periodically, the taxpayers of Waxahachie ISD are asked to consider issuing bonds to improve educational opportunities afforded to the students in the district.  As a result of outstanding bonded indebtedness, a portion of the District tax rate (the Interest & Sinking, or I&S, portion) is devoted exclusively to servicing these debts. To increase the amount of outstanding bonded debt, the District would have to receive voter approval, through an election, before issuing any new bonds. 
    • Currently, the District has $223,277,000 in outstanding tax-supported debt principal, which is approximately $22,025.94 per enrolled student.  This amount represents outstanding debt from the 2002 bond issue through the most recent refund bonds issued to save interest costs for taxpayers.  The total outstanding debt per student is approximately $36,543.96.

     

    Business & Finance Office
    411 N. Gibson Street
    Waxahachie, TX 75165
    (972) 923-4631

Outstanding Obligations

Annual Obligation Schedule

FY Ending Aug 31 Principal Interest Total Payments
2023 $3,334,229 $14,091,565 $17,425,794
2024 $3,291,071 $13,960,754 $17,251,825
2025 $5,825,720 $11,581,405 $17,407,125
2026 $8,150,980 $11,587,643 $19,738,623
2027 $6,220,000 $9,233,626 $15,453,626
2028-31 $39,235,000 $40,120,062 $79,355,062
2032-37 $58,950,000 $27,384,417 $86,334,417
2038-42 $55,520,000 $15,474,450 $70,994,450
2043-47 $41,480,000 $3,703,475 $45,183,475
2048 $1,270,000 $31,750 $1,301,750
Total $223,277,000 $147,169,147 $370,446,147

Disclaimer

  • The Texas Comptroller of Public Accounts requires information to be posted in Excel format.  If alternate accommodations are required, please contact the Business and Finance office for assistance.