Debt Obligations
Debt Information Summary
Val Verde County issues long-term debt to finance major capital projects that support public infrastructure, public facilities and improvements, land acquisitions and road improvements. Debt obligations are typically issued in the form of tax-supported bonds, such as general obligation bonds and certificates of obligation and are repaid from property tax revenues.
The County strives to manage its debt responsibly to maintain financial flexibility and ensure that borrowing costs remain low. Debt is only issued after careful analysis of the County's ability to repay without negatively impacting operations or services.
County Debt Data represented in the tables and charts reflects the County's most recently posted Annual Comprehensive Financial Report (ACFR). To view the County's ACFR, please Click Here.
There were no bond elections during fiscal year 2024
Tax Rates
TAXING ENTITIES | TAX RATES |
---|---|
City of Del Rio | 0.6970 |
San Felipe-Del Rio CISD | 0.9363 |
Val Verde County | 0.4977 |
Val Verde County Hospital District | 0.0751 |
Downloadable Data
- 5 Years tax-supported and revenue-supported debt
- Annual Local Debt Report
- Annual Local Debt Contact Info
- Issue-by-issue listing including principal amount of each outstanding debt obligation