Responsible City Government

Bond ratings reflect a detailed analysis of the City’s ability to repay debt and includes an assessment of the City's local/regional economy, overall administration, financial policies, and track record in managing its financial position.

The City of Missouri City uses this measure to approximate the tax burden on residents. The actual tax rate represents the amount of funds the City requires for operation and maintenance, and the amount required to pay the current portion of debt.

Reserve funds will be established and maintained to ensure the continued delivery of City services to address emergencies, address a temporary revenue shortfall or provide stability throughout economic cycles. Sufficient reserve funds will be managed to provide adequate cash flow and provide continuity in service delivery.

This measure is the dollars of net bonded debt per capita and net bonded debt as a percent of taxable value of property. The FY 2020 results reported include the assessed value from the annexed areas. 

Formula:

Net bonded debt per capita represents the total outstanding debt secured by property taxes, net of debt service funds and self-supporting debt, divided by the city's population.

Per Capita: (Net bonded debt/population)

Debt to Value: (Net bonded debt/taxable property value)

The net assessed value of the City divided by the total acreage of the City, expressed as a number. 

Formula for Net Assessed Value

(Total assessed value / Total acreage)

This measure is updated in the 4th quarter of each fiscal year, upon receipt of the certified tax roll.