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Burleson ISD's debt takes the form of tax-supported bonds. 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. Burleson ISD does not have any revenue-supported debt or lease-purchase/lease-revenue debt.
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Debt Information
Required Disclosures under HB 1378
Outstanding General Obligation Debt
Debt Per Capita and Per Student
Debt Information for Previous Years Budget
Bond Projects - The district does not have any upcoming bond elections at this time.
Bond Review Board - Information on the local government debt data can be found on the Bond Review Board website.
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Annual Obligation Schedule
Fiscal Year Ending Principal Interest Total Per Capita (pop 50,216) 2024 16,955,411 14,237,041 31,192,452 $ 621.17 2025 7,913,538 14,771,266 22,684,804 $ 451.74 2026 9,185,000 10,326,129 19,511,129 $ 388.54 2027 9,550,000 10,856,129 20,406,129 $ 406.37 2028 9,920,000 10,496,392 20,416,392 $ 406.57 2029-2033 64,120,000 50,376,016 114,496,016 $ 2,280.07 2034-2038 83,145,000 22,100,069 105,245,069 $ 2,095.85 2039-2043 73,760,000 5,770,857 79,530,857 $ 1,583.78 2044-2047 10,085,000 788,000 10,873,000 $ 216.52 Total $ 284,633,949 $139,721,899 $424,355,848 $ 8,234.09
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Total Outstanding Debt Per Capita
Total Outstanding Tax-Supported Debt