Debt Obligations Transparency Star

City logo displayed on the side of New Braunfels City Hall building

Debt Obligations

Debt Obligations Transp Star

The financial information and documents below are provided to give New Braunfels citizens a clear view of the data regarding outstanding debt obligations, bond election information, and other debt-related information. For questions about the information presented, please contact the City of New Braunfels Finance Department at 830-221-4380.

HB 1378: Debt Obligation Reporting

The 84th Legislature passed HB1378 to increase the transparency of local government debt. Under Local Government Code §140.008, political subdivisions, including counties, cities, school districts, junior college districts, special purpose districts, and other subdivisions of state government must annually compile their debt obligation data from the preceding fiscal year.

Funding Source
Total Outstanding Debt
Debt Outstanding Per Capita*
General Fund
$301,265,397 
$2,715 
New Braunfels Economic Development Corporation (NBEDC)
$43,299,848 
$390
Solid Waste Fund
$5,185,378 
$47
Airport Fund
$2,620,409 
$24
Hotel/Motel Fund
$1,197,750 
$11
Golf Fund
$1,000,000 
$9
Fire Apparatus Replacement Fund
$139,800
$1
Total Ad Valorem Supported
$354,708,583
$3,197
Creekside TIRZ Fund
$25,420,715
$229
Total Revenue Supported
$25,420,715
$229
Outstanding Capital Leases - Total
$352,255
$3
Total
$380,481,553
$3,429
*2023 Census Estimate $110,958
   

Historical Bond Program Information

2023 Bond Program - May 6th, 2023

Proposition
   Amount
Proposition A - Transportation Projects
 $99,330,000
Proposition B - Phase 2 of Mission Hill Park 
  $12,155,000
Proposition C - Southeast Library Branch 
  $28,560,000
Total
$140,045,000

2019 Bond Program - May 4th, 2019

Proposition
       Amount
Infrastructure/Transportation                                
     $44,512,490
Parks & Recreation
     $16,547,420
Public Safety
     $50,414,750
Library Facilities
        $5,525,340
Total

   $117,000,000

2013 Bond Program - May 11th, 2013

Proposition  
  Amount
Street Improvements        
$37,500,000
Drainage & Flood Improvements                  
$24,500,000
Parks & Recreation
$20,000,000
Economic Development
   $4,000,000
Total

$86,000,000

Visualizations

Transparency Star - Total Outstanding Debt
Transparency Star Inflation Adjusted Tax Support Debt Per Capita

Property Taxes

The total property tax rate in the City of New Braunfels is .4089. The total tax rate is comprised of the Operations and Maintenance portion (.2050) and the Interest and Sinking portion (.2280). The O&M portion of the tax rate is allocated towards operating expenditures in the City’s General Fund, whereas the I&S portion is dedicated to the repayment of debt service.

property tax graph


Downloadable Data