Debt Overview

The following information is provided to allow Sweeny ISD tax payers an easy to understand source for the district's debt obligations.

2021-2022 Tax Rate

  •          

    M&O Tax Rate: $0.8847 per $100 of taxable value

  •          

    I&S Tax Rate: $0.1517 per $100 of taxable value

  •         

    Total Combined Tax Rate: $1.0364 per $100 of taxable value

 

Current Credit Ratings

AGENCY UND RATING ENH Rating
Moody's Aa3 Aaa

Authorized General Obligation Bonds
(As of 8/31/2021)

AUTHORIZATION ISSUED UNISSUED TOTAL AUTHORIZATION AMOUNT
1998 $14,000,000 $0 $14,000,000
2002 $3,000,000 $0 $3,000,000
2005 $6,000,000 $0 $6,000,000
2006 $16,000,000 $0 $16,000,000
2010 $6,000,000 $0 $6,000,000
2014 $26,000,000 $0 $26,000,000
2019 $28,000,000 $0 $28,000,000

Total tax-supported debt outstanding at August 31, 2021: $52,870,000

Texas Comptroller Report Debt at a Glance

HB 1378 Transparency Form 2021