MISSOURI CITY, TX
Responsible City Government
Status Indicators: On Target | Monitoring Progress | Reviewing for Improvement | Neutral- Actual Figure | Project Not Scheduled to Begin Yet
Please note that Q1, Q2, Q3, and Q4 refer to the first, second, third, and fourth quarters of the fiscal year. The City’s fiscal year runs from October 1st – September 30th and is denoted by FY. CY denotes calendar year.
The net general bonded debt per capita was $1,560 which is calculated by the net general bonded debt of $125,265,119 divided by the estimated population of 80,311.
The ratio of net general bonded debt to assessed value was 1.56% which is calculated by the net bonded debt of $125,265,119 divided by the assessed value of $3,029,815,321.
The data is received approximately 2 months after the close of the quarter reporting period.
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.
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 target would be the prior year's ratio, there is no standard ratio.
The City wants to ensure the responsible use of debt. By managing this ratio the City can ensure its ability to keep taxes low for residents.
The Missouri City Annual Comprehensive Financial Report
Missouri City, TX
1522 Texas Pkwy
Missouri City, TX 77489
City Manager's Office