Debt

    • Periodically, the taxpayers of Waxahachie ISD are asked to consider issuing bonds to improve educational opportunities afforded to thehands pointing at graph on clipboard 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 $592,221,701 in outstanding tax-supported debt principal, which is approximately $16,642.13 per enrolled student.  This amount represents outstanding debt from the 2003 bond issue through the most recent refunding bonds issued to save interest costs for taxpayers.  The total outstanding debt per student is approximately $53,541.42.

     

    View the required disclosures under HB 1378

     

    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 Per Capita (pop 61,805)
2025 $10,410,720 $29,783,867 $40,194,587 $650.35
2026 $10,040,981 $27,459,806 $37,500,787 $606.76
2027 $11,855,000 $24,810,663 $36,665,663 $593.25
2028 $13,545,000 $24,289,638 $37,834,638 $612.16
2029 $14,145,000 $23,688,663 $37,833,663 $612.15
2030-34 $79,280,000 $109,888,075 $189,168,075 $3,060.72
2035-39 $100,030,000 $89,132,456 $189,162.456 $3,060.63
2040-44 $125,665,000 $63,501,888 $189,166,888 $3,060.71
2045-49 $120,560,000 $34,801,900 $155,361,900 $2,513.74
2050-53 $106,690,000 $8,988,019 $115,678,019 $1,871.66
Total $592,221,701 $436,344,975 $1,028,566,676 $16,642.13

Additional Debt Information

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.