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Bastrop County currently holds a bond rating of AA+ with S&P Global Ratings and an Aa1 with Moody’s Investor’s Service. In 2023 the County issued $9,500,000 in Combination Tax and Revenue Certificates of Obligation, series 2023. The bonds have interest rates ranging from 4% to 5%. The certificates will be used for (1) construction and equipping of a County’s building on County purchase land in Bastrop, Texas; (2) technology and communication upgrades; (3) construction and improvement of County roads and bridges; (4) acquisition of road maintenance equipment; (5) County building upgrades; (6) payment for professional services relating to the design, construction, project management, and financing of the aforementioned projects. The total outstanding debt as of September 30, 2022 is $42,274,000. All tables include information up to Bastrop County’s last audited fiscal year. Audits are published every April for the previous fiscal year ending September 30th.
Tax-Supported Debt is supported by Ad Valorem taxes levied within the issuer’s boundaries. Bastrop County currently only issues Certificates of Obligation.
Debt Per Capita is a measure of how much debt a government has per citizen. It is calculated by adding short-term debt and long term debt, and then dividing by the population. This metric is used as an aid for visualization of the total level of government debt.
The County issues bonds to provide funds for the acquisition and construction of major capital facilities. Bonds payable as of September 30, 2020 were as follows:
*Bastrop County currently has no Lease Purchase Obligations or Revenue Supported Debt Obligations.
Population - 88,723
The population was obtained from the United States Census Bureau.
*Bastrop County has not had any historical bond elections
Bastrop County Courthouse
804 Pecan Street
Bastrop, TX 78602
Phone: (512) 581-7100
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