Debt Obligations

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The City of Lancaster supplies this Debt Obligation Transparency material to provide citizens a broader understanding of the City's finances.

Debt Obligation Summary Recap:

Current Debt Obligation Information As of 09/30/2024 Per Capita*
Tax Supported Debt    
     General Obligation Bonds $42,905,000 $996.49
Revenue Supported Debt    
     Certificate of Obligation Bonds $32,775,000 $   777.00
Total $74,810,000 $1,773.46
     
Capital Leases $969,921.31 $22.99
*Based on a population of 42,183    

Most Recent Bond Election:

Date:11/06/2007
Purpose:Permanent Public Improvements
Amount:$37,545,695

Visualizations to help with debt analysis:

City of Lancaster Tax-Supported and Revenue-Supported Debt
City of Lancaster Inflation-Adjusted Tax-Suppotd Debt Per Capita

Documents:

Debt Obligation Reporting Downloadable Data, provides data which complies with Local Government Code § 140.008 to give outstanding direct debt obligations, tax and revenue supported.

2024 Tax Rate Information:

Taxing Entity Tax Rate Per $100 Assessed Value
Dallas County 0.215500
Dallas County Hospital (Parkland) 0.212000
City of Lancaster 0.604606
Lancaster ISD 1.224400
Lancaster MUD #1 0.920000
Total Tax Rate 3.176506