HomeMy WebLinkAboutCityofGeorgetown_1378 - Debt as 9-30-19Texas Comptroller’s Annual Local Debt Report
Table of Contents
1 - Contact Information
2 - Individual Debt Obligations
3 - Summary of Debt Obligations
4 - Additional Notes
5 - Optional Reporting
6 - Instructions and Glossary
End of Worksheet
Texas Comptroller’s Annual Local Debt Report
Fill in the cells in column B that correspond with the requested information. (*) indicates required information.
Entity Information
Political Subdivision Name*:
Political Subdivision Type*:
If "other", please specify
Reporting Fiscal Year*:
Fiscal Year Start (MM/DD/YYYY)*:
Fiscal Year End (auto):
Political Subdivision Website, if applicable:
Political Subdivision Telephone*:
Political Subdivision Email, if applicable:
Does the Political Subdivision have any reportable debt?*
Contact Information
Contact Name*:
Contact Title*:
Contact Phone*:
Contact Email:
Physical Address, Line 1*:
Physical Address, Line 2:
City*:
Zip*:
County*:
Is the entity's physical and mailing address the same?*
Mailing Address, Line 1:
Mailing Address, Line 2:
Mailing City:
Mailing Zip:
Mailing County:
End of Worksheet
City of Georgetown
City
2019
10/1/2018
9/30/2019
www.georgetown.org
512-930-3652
Yes
Karrie Pursley
Treasurer
512-930-6515
Karrie.Pursley@georgetown.org
808 Martin Luther King St.
Georgetown
78626
Williamson
Yes
Texas Comptroller’s Annual Local Debt Report
Entity Information (Auto)
Political Subdivision Name:
Reporting Fiscal Year:
Directions: Beginning with the row immediately below the column headings, list each of the political subdivision's individual debt obligations along with the information for each obligation.
Every column except B, Q, R and S is required for each debt obligation and must be provided for this report to be considered complete.
All information entered should reflect the last day of the political subdivision's fiscal year identified on this form. If the political subdivision has no debt to report for the fiscal
year, enter "No Reportable Debt" in the first cell below the column title in column A.
Individual Debt Obligations (click column titles for more information)
Outstanding debt obligation*
Sr Lien Sales Tax Rev Ref Bds Ser 2015
Comb Tax & Rev C/O Ser 2008
GO Bds Ser 2009
Comb Tax & Rev C/O Ser 2009
GO Ref Bds Ser 2009
GO Bds Ser 2010
Comb Tax & Rev C/O Ser 2010
GO Bds Ser 2010A
Comb Tax & Rev C/O Ser 2011
GO Bds Ser 2012
Comb Tax & Rev C/O Ser 2012
GO Ref Bds Ser 2012
GO Bds Ser 2012A
GO Bds Ser 2013
Comb Tax & Rev C/O Ser 2013
GO Ref Bds Ser 2013
Comb Tax & Rev C/O Ser 2014
GO Ser 2014
GO Ref Bds Ser 2014
GO Bds Ser 2015
Comb Tax & Rev C/O Ser 2015
Comb Tax & Rev C/O Taxable Ser 2015
GO Ref Bds Ser 2015
GO Bds Ser 2015A
GO Bds Ser 2016
Comb Tax & Rev C/O Ser 2016
GO Ref Bds Ser 2016
GO Bds Ser 2017
GO Ref Bds Ser 2017
Comb Tax & Rev C/O Ser 2017
Combination Tax and Revenue Certificates of Obligation, Series 2018
General Obligation Bonds, Series 2018
Util Sys Rev Bds Ser 2010
Util Sys Rev Ref Bds Ser 2012
Util Sys Rev Bds Ser 2014
Util Sys Rev Ref Bds Ser 2014
Util Sys Rev Bds Ser 2014A
Util Sys Rev Bds Ser 2015
Util Sys Rev Bds Ser 2016
Util Sys Rev Ref Bds Ser 2016
Util Sys Rev & Ref Bds Ser 2017
Utility System Revenue Bonds, Series 2018
Combination Tax and Revenue Certificates of Obligation, Series 2019
General Obligation Bonds, Series 2019
End of Worksheet
City of Georgetown
2019
If debt is conduit or component debt, enter related entity name:
GTEC
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Principal issued*
7755000
5145000
1175000
5400000
2375000
1370000
6575000
11930000
9720000
12500000
3300000
8415000
12500000
9500000
4065000
11005000
2300000
4800000
12275000
4345000
6990000
6470000
6360000
11785000
12585000
18690000
7510000
8555000
12940000
14405000
10840000
23555000
10120000
7715000
13000000
11855000
5350000
10920000
9620000
6925000
27915000
6510000
20315000
4920000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Principal outstanding*
5555000
0
0
0
0
0
0
615000
6060000
10235000
1605000
4485000
10295000
7140000
3125000
5415000
1915000
3990000
8975000
3725000
5485000
5960000
3445000
10095000
11210000
16330000
4275000
8160000
12765000
13130000
9870000
23020000
6560000
3075000
10845000
7595000
4080000
9370000
8600000
5065000
25765000
6340000
20315000
4920000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
End of Worksheet
Combined principal and interest required to pay each outstanding debt obligation on time and in full*
6712650
0
0
0
0
0
0
630375
7565875
13802593.76
1930918.78
5316750
13553643.92
9000715.14
3864012.62
6136350
2478868.88
5150128.84
10429400
4944843.8
7125000.04
8121406
3868112.5
12881942.5
14398812.6
21190406.24
4724975
11362125.14
16230600
17555825.18
12167952.5
32432925.02
8100630
3358600
14068575
8731400
4931365
12393906.28
11035975.02
6016250
34871706.44
8748656.26
28987479.03
7168339.31
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Final maturity date* (MM/DD/YYYY)
8/15/2027
8/15/2018
8/15/2019
8/15/2019
8/15/2018
8/15/2019
8/15/2019
8/15/2020
8/15/2031
2/15/2037
8/15/2032
8/15/2029
8/15/2037
8/15/2037
8/15/2033
8/15/2025
8/15/2034
8/15/2034
8/15/2027
8/15/2035
8/15/2035
8/15/2035
8/15/2028
8/15/2035
8/15/2036
8/15/2036
8/15/2027
8/15/2037
8/15/2029
8/15/2037
8/15/2038
8/15/2038
8/15/2029
8/15/2023
8/15/2034
8/15/2027
8/15/2031
8/15/2035
8/15/2036
8/15/2028
8/15/2037
8/15/2038
8/15/2039
8/15/2039
Is the debt secured in any way by ad valorem taxes?*
No
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
No
No
No
No
No
No
No
No
No
No
Yes
Yes
Total proceeds received*
8429329.27
5161969.1
1159454.78
5466800
2404029.24
1374912.4
6593869.38
11718399.68
9734073.13
12550515.11
3311481.79
9145871.73
12530493.1
9500000
4066621.4
11943370.81
2312519.4
4811013.15
13384736.8
4339260.71
7155082.12
6479761.6
6442357.55
11804001.82
13092961.21
19578690.06
7916285.69
9201313.69
15249284.94
11300000
24450000
10155398.37
8438854.2
13021036.95
12713436.67
5396668.7
10826302.97
9924301.64
7702904.85
27208512.83
6537000
22158000
5330000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Proceeds spent*
8429329.27
5161969.1
1159454.78
5466800
2404029.24
1374912.4
6593869.38
11718399.68
9734073.13
12550515.11
3311481.79
9145871.73
12530493.1
9500000
4066621.4
11943370.81
2312519
4811013.15
13384736.8
2008004.94
6466161.66
6479761.6
6442357.55
11804002
11828522
16417658.17
7916285.69
8275065.1
13270855.45
9182620
10111592
10155398.37
8438854.2
12562223
12713436.67
5396668.7
9459950.97
8655027.48
7702904.85
12518613
6257634.64
7206280.22
635530.49
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Proceeds unspent*
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0.4
0
0
2331255.77
688920.46
0
0
-0.18
1264439.21
3161031.89
0
926248.59
0
1978429.49
2117380
14338408
0
0
458813.95
0
0
1366352
1269274.16
0
14689899.83
279365.36
14951719.78
4694469.51
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Official stated purpose for which the debt obligation was authorized*
Proceeds from the sale of the Bonds will be used for the purpose of refunding all outstanding maturities of the Corporation's outstanding obligations and paying the costs of issuing
the Bonds.
Proceeds from the sale of the Certificates will be used for the purpose of: (1) constructing, improving, renovating, and replacing a low-water crossing bridge in Berry Creek and related
infrastructure and improvements; (2) designing improvements and renovations to the old City library building for relocation of the Municipal Court; (3) improving, renovating and expanding
City parking lots, including lots for the Community Center, Georgetown Medical Center and 8th Street in front of the City library; (4) constructing, improving, renovating and/or equipping
the City animal shelter and related infrastructure and improvements; (5) constructing, improving, renovating ad/or equipping City parks and recreational facilities and related infrastructure
and improvements; (6) acquisition of street equipment; (7) acquisition of City vehicles, including fire apparatus and public safety vehicles; (8) acquisition of public safety equipment;
(9) constructing, improving, and renovating City streets and bridges and related infrastructure and improvements; and (10) professional services including fiscal, engineering, architectural
and legal fees and other such costs incurred in connection therewith including the costs of issuing the Certificates.
Proceeds from the sale of the GO Bonds will be used for the purpose of constructing, improving, expanding and upgrading City streets and roads and paying the costs of issuing the GO
Bonds.
Proceeds from the sale of the Certificates wil lbe used for the purpose of paying contractual obligations incurred or to be incurred by the City for (i) reimbursing for the costs of
acquiring the Albertson's Building at 610 North Austin Avenue for City purposes; (ii) constructing, improving, and renovating Williams Drive; and (iii) professional services including
fiscal, engineering, architectural and legal fees and other such costs incurred in connection therewith including the costs of issuing the Certificates.
Proceeds from the sale of the Refunding Bonds will be used for the purpose of refunding certain maturities of the City's outstanding obligations and paying the costs of issuing the Refunding
Bonds.
Proceeds from the sale of the Bonds will be used for the purpose of constructing, improving, expanding and upgrading City streets and roads and paying the costs of issuing the Bonds.
Proceeds from the sale of the Certificates will be used for the purpose of paying contractual obligations incurred or to be incurred by the City for (i) first phase of constructing and
equipping Fire Station No 5 including acquisition of necessary site; (ii) constructing and improving the City's drainage system; (iii) constructing, improving, extending, expanding,
upgrading and developing City streets, bridges, sidewalks, intersections and related traffic improvements including purchasing any necessary right-of-way and equipment; (iv) acquisition
of automated meter reading infrastructure and customer information system replacement; and (v) professional services including fiscal, engineering, architectural and legal fees and
other such costs incurred in connection therewith including the costs of issuing the Certificates.
Proceeds from the sale of the Bonds will be used for the purpose of (i) constructing, improving, expanding and upgrading City streets and roads, (ii) constructing, acquiring, improving,
renovating and developing park and recreational buildings and facilites and (iii) paying the costs of issuing the Bonds.
Proceeds from the sale of the Certificates will be used for the purpose of paying contractual obligations incurred or to be incurred by the City for (i) constructing, improving, expanding,
upgrading and equiping City fire stations including acquisition of necessary sites, public safety training facilities adn fire trucks; (ii) constructing, improving, extending, expanding,
upgrading and developing City streets, bridges, sidewalks, intersections and related traffic improvements including purchasing any necessary right-of-way and equipment including Williams
Drive; (iii) acquisition of public safety equipment, including security systems and vehicles; (iv) constructing, improving, expanding, renovating and equipping the City-owned facility
Madella Hillard; and (v) professional services including fiscal, engineering, architectural and legal fees and other such costs incurred in connection therewith including the costs
of issuing the Certificates.
Proceeds from the sale of the Bonds will be used for the purpose of constructing, improving, equipping a public safety facility for police and fire protection including operations and
training facilities, related infrastructure, parking and other related costs and paying professional services including fiscal, engineering, architectural and legal fees and other such
costs incurred in connection therewith including the costs of issuing the Bonds.
Proceeds from the sale of the Certificates will be used for the purpose of paying contractual obligations incurred or to be incurred by the City for (i) acquisition of equipment and
vehicles including fire trucks and public safety vehicles; (ii) acquisition of land including any necessary right-of-way in the southeast quadrant of the City for transportation purposes;
and (iii) professional services including fiscal, engineering, architectural and legal fees and other such costs incurred in connection therewith including the costs of issuing the
Certificates.
Proceeds from the sale of the Bonds will be used for the purpose of refunding certain maturities of the City's outstanding obligations to achieve a debt service savings and paying the
costs of issuing the Bonds.
Proceeds from the sale of the Bonds will be used for the purpose of constructing, improving, equipping a public safety facility for police and fire protection including operations and
training facilities, related infrastructure, parking and other related costs and paying professional services including fiscal, engineering, architectural and legal fees and other such
costs incurred in connection therewith including the costs of issuing the Bonds.
Proceeds from the sale of the Bonds will be used for the purpose of (i) constructing, improving, and equipping a public safety facility for police and fire protection including operations
and training facilities, related infrastructure, parking and other related costs, (ii) constructing, acquiring, improving, renovating, developing and/or equipping land, building and
facilites for park and recreational purposes to wit; acquisition of public and open space preserve land, constructing pedestrian and bike trail improvements, improvements to Garey Park
and renovation to San Gabriel Park and (iii) paying professional services including fiscal, engineering, architectural and legal fees and other such costs incurred in connection therewith
including the costs of issuing the Bonds.
Proceeds from the sale of the Certificates will be used for the purpose of paying contractual obligations incurred or to be incurred by the City for (i) constructing, improving, and
equipping the Westside Service Center including staging area for utility departments, vehicle service bay and utility storage, (ii) constructing, improving, extending, expanding, upgrading
adn developing City streets, bridges, sidewalks, intersections and related traffic improvements including purchasing any necessary right-of-way and equipment and (iii) professional
services including fiscal, engineering, architectural and legal fees and other such costs incurred in connection therewith including the costs of issuing the Certificates.
Proceeds from the sale of the Bonds will be used for the purpose of refunding certain maturities of the City's outstanding obligations to achieve a debt service savings and paying the
costs of issuing the Bonds.
Proceeds from the sale of the Certificates will be used for the purpose of paying contractual obligations incurred or to be incurred by the City for (i) constructing, improving, extending,
expanding, and upgrading City sidewalks, including purchasing any necessary right-of-way and equipment; (ii) constructing, improving and equipping downtown parking facilities, including
a parking lot at the intersection of 8th Street and MLK Street; (iii) constructing, improving, upgrading and eqipping City parks, including River Ridge Pool adn Chautauqua Park (iv)
constructing, improving, extending, expanding adn upgrading the City's stormwater drainage facilities, including purchasing homes in flood areas as part of the City's storm water control
improvement program; and (v) professional services including fiscal, engineering, architectural and legal fees and other such costs incurred in connection therewith including the costs
of issuing the Certificates.
Proceeds from the sale of the Bonds will be used for (i) constructing, improving, extending, expanding, upgrading and/or developing streets, roads, bridges and intersections as further
set forth in the November 2008 bond proposition and (ii) paying the costs of issuing the Bonds.
Proceeds from the sale of the Bonds will be used for the purpose of refunding certain maturities of the City's outstanding obligations to achieve a debt service savings and paying the
costs of issuing the Bonds.
Proceeds from the sale of the Bonds will be used for (i) constructing, improving, extending, expanding, upgrading and/or developing streets, roads, bridges and intersections as further
set forth in the November 2008 bond proposition and (ii) paying the costs of issuing the Bonds.
Proceeds from the sale of the Certificates will be used for the purpose of paying contractual obligations incurred or to be incurred by the City for (i) constructing, improving, extending,
expanding, and upgrading City sidewalks, including purchasing any necessary right-of-wayand equipment (ii) constructing, improving and equipping airport facilities including, runway
improvements and fuel farm; (iii) constructing, improving, upgrading and equipping City park and recreational building and facilities, including Williams Drive Pool and Splash Pad;
(iv) constructing, improving, extending, expanding and upgrading the City's storm water drainage facilities, including Smith Branch remediation program; (v) constructing, improving,
renovating, expanding and equipping City buildings and facilities including the Westside Service Center; (vi) purchase of vehicles and equipment; and (vii) professional services including
fiscal, engineering, architectural and legal fees and other such costs incurred in connection therewith including the costs of issuing the Certificates.
Proceeds from the sale of the Taxable Certificates will be used for the purpose of paying contractual obligations incurred or to be incurred by the City for (i) constructing, improving,
extending, expanding and equipping the Summit at Rivery Park Projects including a public parking garage; and (ii) professional services including fiscal, engineering, architectural
and legal fees and other such costs incurred in connection therewith including the costs of issuing the Taxable Certificates.
Proceeds from the sale of the Bonds will be used for the purpose of refunding certain maturities of the City's outstanding obligations to achieve a debt service savings and paying the
costs of issuing the Bonds.
Proceeds from the sale of the Bonds wil be used for (i) constructing, improving, extending, expanding, upgrading and/or developing streets, roads, bridges and intersections, (ii) constructing,
acquiring, improving, renovating, developing and/or equipping, land, buildings, and facilities for park and recreational purposes, and (iii) paying the costs of issuing the Bonds.
Proceeds from the sale of the Bonds will be used for (i) constructing, acquiring, improving, renovating, developing and/or equipping, land, buildings and facilities for park and recreational
purposes as further set forth in the proposition approved at the Novemeber 4, 2008 election; (ii) constructing, improving, extending, expanding, upgrading, and/or develop streets,
roads, bridges, and intersections, includingsidewalks, as further set forth in the proposition approved May 9, 2015 election and (iii) paying the costs of issuing the Bonds.
Proceeds from the sale of the Certificates will be sed for the purposeof paying contractual obligations incurred or to be incurred by the City for (i) constructing, improving, extending,
expanding, upgrading and developing City streets, bridges, sidewalks, intersections and related traffic improvements including purchasing any necessary right-of-way and equipment, including
for Mays Street, SH 29, Austin Avenue, Wolf Ranch Parkway, Woodlawn Ave, Hintz Road, Hershey Avenue and Highknoll Lane; (ii) improving and upgrading the City's waste collection and
transfer facility; (iii) constructing and installing accessibility improvements at City buildings and facilities in accordance with the Americans with Disabilities Act; (iv) constructing,
improving, upgrading and equipping City park and recreational buildings, facilities and improvements, including improvements to Rivery Park, streetscaping and open space design in the
City's downtown and accessibility improvements in accordance iwth teh American with Disabilities Act; (v) acquiring and upgrading public safety vehicles and equipment, including fire
trucks and related equipment; (vi acquiring and upgrading information techology equipment at City facilities; (vii) constructing, improving, extending, expanding and upgrading the City's
stormwater drainage facilities; (viii) constructing, improving and extending waterworks and sewer improvements to the City's utility system and related costs and acquisision of any
necessary easements or land and (ix) professional services including fiscal engineering, architectural and legal fees and other such costs incurred in connection therewith including
hte costs of issuing hte Certificates.
Proceeds of the sale of the Bonds will be used for the purpose of refunding certain maturities of the City's outstanding utility system revenue obligations to achieve a debt service
savings and paying the costs of issuing the Bonds.
Proceeds from the sale of the Bonds will be used for (i) constructing, acquiring, improving, renovating, developing and/or equipping, land, buildings and facilities for park and recreational
purposes as further set forth in the proposition approved at the November 4, 2008 election; (ii) constructing, improving, extending, expanding, upgrading, and/or develop streets, roads,
bridges and intersections, including sidewalks, as further set forth in the proposition approved at the May 9, 2015 election and (iii) paying the costs of issuing the Bonds.
Proceeds from the sale fo the Bonds will be used for the purpose of refunding certain maturities of the City's outstanding obligations (the "Refunding Obligations") (see "SCHEDULE I"
herein) to achieve a debt service savings and paying the costs of issuing the Bonds.
Proceeds from the sale fo the Certificates will be used for the purpose of paying contractual obligations incurred or to be incurred by the City for (i) acquiring and upgrading City
radio communication equipment; (ii) constructing and installing accessibility improvements at City buildings and facilities in accordance with the Americans wiht Disabilities Act; (iii)
constructing, improving, renovating, expanding and equipping the Grace Heritage Center at Founders Memorial Park; (iv) acquiring and upgrading public safety vehicles and equipment,
including police vehicles, a fire truck and related equipment; (v)constructing, improving, extending, expandingand upgrading City sidewalks, including along the frontage road of IH-35,
including purchasing any necessary right-of-way and equipment; (vi) constructing, improving, renovating, expanding and equipping City buildings for the Downtown West Prject including
renovations to existing City buildings for a new City Hall, Council Chambers adn Municipal Court Building, (vii) constructing, improving, extending, expanding and upgrading the City's
storm water drainage facilities, including the construction of a storm wter quality pond at the City's Solid Waste Transfer Station; (viii) constructing, improving, extending, expanding,
upgrading and developing City streets, bridges, sidewalks, intersections and related traffic improvements including purchasing any necessary right-of-way and equipment, including for
Airport Road; and (ix) professional servies including fiscal, engineering, architectural and legal fees adn other such costs incurred in connection therewith including hte costs of
issuing the Certificates.
Proceeds from the sale of the Certificates will be used for the purpose of paying contractual obligations incurred or to be incurred by the City for (i) acquiring and upgrading public
safety vehicles and equipment, including fire trucks, emergency response vehicles and related equipment; (ii) acquiring and upgradign City radio communication equipment; (iii) constructing
and installing accessibility improvements at City buildings, facilities and parks in accordance with the Americans with Disabilities Act; (iv) constructing, improving, renovating and
expanding City downtown parkign and signage; (v) constructing, improving, renovating, expanding and equipping fire stations; (vi) acquiring and upgrading the City's information technology
equipment, including upgrading of major software systems; (vii) constructing, improving, extending, expanding and upgrading City sidewalks and related traffic and curb improvements,
including Austin Ave and Rock St; (viii) constructing and installing improvements at the City's municipal airport, including taxiway lighting improvements; and (ix) professional services
including fiscal, engineering, architechtural and legal fees and other such costs incurred in connection therewith including the costs of issuing the Certificates.
Proceeds from the sale of the Bonds will be used for (i) constructing, improving, extending, expanding, upgrading and/or developing streets, roads, bridges and intersections as further
set forth in the November 2008 bond proposition and (ii) constructing, acquiring, improving, renovating, developing and/or equipping, land, building and facilities for park and recreational
purposes as further set forth in the proposition approved at the November 4, 2008 election; (iii) constructing, improving, extending, expanding, upgrading and/or developing streets,
roads, bridges, and intersections as set forth in the proposition approved at the May 9, 2015 election; and (iv) paying the costs of issuing the Bonds.
Proceeds from the sale of the Bonds will be used for the purposes of (i) constructing improvements and extension to the City's Utility System and (ii) paying professional services including
legal, fiscal, architectrual, engineer and any costs of issuance.
Proceeds from the sale of the Bonds will be used for the purpose of refunding certain maturities of the City's outstanding obligations to achieve a debt service savings and paying the
costs of issuing the Bonds.
Proceeds from the sale of the Bonds will be used for the purpose of improving the City's System including (i)electric transformers and system replacement; (ii) water system improvements
including a new elevated storage facililty; (iii) wastewater line upgrades; and (iv) paying the costs of issuing the Bonds.
Proceeds from the sale of the Bonds will be used for the purpose of refunding certain maturities of the City's outstanding utility system revenue obligations to achieve a debt service
savings and paying the costs of issuing the Bonds.
Proceeds from the sale of the Bonds will be used for the purpose of purchasing the Chisholm Trail Special Utility District's interest in the City's Lake Georgetown Treatment Plant and
paying the costs of issuing the Bonds.
Proceeds from the sale of the Bonds will be used for the purpose of extending and improving the City's System including (i) electric transformers and system replacement; (ii) water system
improvements including a new elevated storage facility; (iii) wastewater line upgrades; and (iv) paying hte costs of issuing the Bonds.
Proceeds from the sale of the Bonds will be used for the purpose of extending and improving the City's System including (i) electric system SCADA remote monitoring and ocntrol systems
and substation improvements; (ii) water system pump station improvements; (iii) wastewater system improvements for Pecan Branch and Berry Creek Interceptors; and (iv) paying hte costs
of issuing the Bonds.
Proceeds from the sale fo the Bonds will be used for the purpose of refunding certain maturities of the City's outstanding Previously Issued Parity Obligations to achieve a debt service
savings and paying the costs of issuing the Bonds.
Proceeds from the sale of the Bonds will be used for the purpose of (i) extending and improving the City’s System including acquiring and upgrading electric system information technology
equipment, (ii) water system improvements to the Domel Pump Station, (iii) wastewater system improvementsto the Berry Creek Lift Station and force main improvements at the San Gabriel
Wastewater Treatment Plant, paying the costs of issuing the Bonds.
Proceeds from the sale of the Bonds will be used for the purpose of extending and improving the City's System including (1) electric system improvements described in the City's capital
improvement plan and (ii) paying the costs of issuing the Bonds.
Proceeds from the sale fo the Certificates will be used for the purpose of paying contractual obligations incurred or to be incurred by the City for (i) acquiring and upgrading public
safety vehicles and equipment, including fire trucks, police vehicles, and related equipment; (ii) acquiring and upgrading City radio communicaiton equipment; (iii) acquiring and upgrading
self-contained breathing apparatus fire safety equipment; (iv) constructing, improving, renovating and expanding City downtown parking, including a parking garage; (v) constructing,
improving, renovating, expanding and equipping fire stations, including easements and right of way; (vi) constructing, improving, renovating, expanding and equipping City parks facilities,
including Berry Creek Park, adding additional parking at VFW Park and parking and sidewalk improvements at Blue Hole Park; (vii) constructing, improving, expanding and renovating the
City's municipal airport, including runway improvements, design and rehabilitation; (viii) design, constructing, improving, and expanding the City's solid waste and recycling transfer
facilities; (ix) constructing, improving, extending, expanding and upgrading stormwater drainage improvements, including curb and gutter improvements and acquiring and/or upgrading
stormwater drainage equipment; and (x) professional services including fiscal, engineering, architectural and legal fees and other such costs incurred in connection therewith including
the costs of issuing the Certificates.
Proceeds from the sale of the Bonds will be used for(i) constructing, improving, extending, expanding, upgrading and/or developing streets, roads, bridges, and intersections as set forth
in the proposition approved at the May 9, 2015 election; and (ii) paying the costs of issuing the Bonds.
Is the debt obligation rated by any nationally recognized credit rating organization?*
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Moody's
NR
Aa2
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
Not Rated
Not Rated
NR
NR
NR
NR
NR
NR
NR
NR
NR
Not Rated
Not Rated
Not Rated
S&P
AA-
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA
AA
AA
AA
AA
AA
AA
AA
AA
AA
AA+
AA+
Fitch
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
Not Rated
Not Rated
NR
NR
NR
NR
NR
NR
NR
NR
NR
Not Rated
Not Rated
Not Rated
Kroll
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
Not Rated
Not Rated
NR
NR
NR
NR
NR
NR
NR
NR
NR
Not Rated
Not Rated
Not Rated
Other rating (if applicable)
Optional: Explanation of repayment source
Optional: Comments or additional information per individual debt obligation
x diff att gen fee
x diff att gen fee
Texas Comptroller’s Annual Local Debt Report
Entity Information (Auto)
Political Subdivision Name:
Reporting Fiscal Year:
Directions: Fill in the cells in column B that correspond with the requested information.
All information entered should reflect the last day of the political subdivision's fiscal year identified on this form.
If there is no debt to report for the fiscal year, enter "N/A" or "$0" in each cell along column B.
Total Tax-Supported and Revenue Debt
Total authorized debt obligations:
Total principal of all outstanding debt obligations:
Combined principal and interest required to pay all outstanding debt obligations on time and in full:
Total debt secured by Ad Valorem Taxation (includes combination tax and revenue debt obligations)
Total authorized debt obligations secured by ad valorem taxation:
Total principal of all outstanding debt obligations secured by ad valorem taxation:
Combined principal and interest required to pay all outstanding debt obligations secured by ad valorem taxation on time and in full:
Per Capita Total Debt secured by Ad Valorem Taxation (required for municipalities, counties, and school districts only)
Population of the political subdivision:
Source and year of population data:
Total authorized debt obligations secured by ad valorem taxation expressed as a per capita amount:
Total principal of outstanding debt obligations secured by ad valorem taxation as a per capita amount:
Combined principal and interest required to pay all outstanding debt obligations secured by ad valorem taxation on time and in full as a per capita amount:
End of Worksheet
City of Georgetown
2019
390260000
309410000
401990090.8
294615000
216560000
283020376.8
67756
CAFR 2019/Planning Website
4348.1758
3196.1745
4177.0526
(select)
Yes
No
Protection Pasword:
(select)
City
County
ISD
CCD
Water District
Other
(select)
2016
2017
2018
2019
2020
hb1378
Moody's
(select)
Not Rated
Aaa
Aa1
Aa2
Aa3
A1
A2
A3
Baa1
Baa2
Baa3
Ba1
Ba2
Ba3
B1
B2
B3
Caa
Ca
C
S&P
(select)
Not Rated
AAA
AA+
AA
AA−
A+
A
A−
BBB+
BBB
BBB−
BB+
BB
BB−
B+
B
B−
CCC
CC
C
D
Fitch
(select)
Not Rated
AAA
AA+
AA
AA−
A+
A
A−
BBB+
BBB
BBB−
BB+
BB
BB−
B+
B
B−
CCC
CC
C
D
Kroll
(select)
Not Rated
AAA
AA
A
BBB
BB
B
CCC
CC
C
D
N/A - No Reportable Debt
Texas Comptroller’s Annual Local Debt Report
Additional Notes (optional)
Please use this space to enter any other information the political subdivision considers relevant or necessary to explain information submitted in this report.
1
2
3
4
5
6
7
8
9
10
End of Worksheet
Texas Comptroller’s Annual Local Debt Report
Optional Reporting
Directions: Please complete each of the cells in the right-most column (column E) for all debt obligations in aggregate (or total) as of the last day of the political subdivision's most
recently completed fiscal year.
For political subdivisions other than school districts, municipalities and counties
Item #
1
2
3
4
5
6
7
8
9
For all political subdivisions
Item #
10
11
12
13
14
15
16
17
18
19
20
21
End of Worksheet
Optional Item
Total authorized debt obligations secured by ad valorem taxation expressed as a per capita amount for political subdivisions other than municipalities, school districts and counties.
Population total used to calculate per capita figure in #1:
Source and year of population estimate used to calculate per capita figure in #1:
Total principal on outstanding debt obligations secured by ad valorem taxation expressed as a per capita amount:
Population total used to calculate per capita figure in #4:
Source and year of population estimate used to calculate per capita figure in #4:
Total combined principal and interest required to pay all outstanding ad valorem-secured debt obligations on time and in full, expressed as a per capita amount:
Population total used to calculate per capita figure in #7:
Source and year of population estimate used to calculate per capita figure in #7:
Optional Item
Total authorized and outstanding debt obligations secured by ad valorem taxation, expressed as a per capita amount, projected as of the last day of the maximum term of the most recent
debt obligation:
Population projection total used to calculate per capita figure in #10:
Source and year of population projection used to calculate per capita figure in #10:
Date of last day of maximum term of most recently issued debt obligation in #10(MM/DD/YYYY):
Total principal on outstanding debt obligations secured by ad valorem taxation expressed as a per capita amount, projected as of the last day of the maximum term of the most recently
issued debt obligation:
Population projection total used to calculate per capita figure in #14:
Source and year of population projection used to calculate per capita figure in #14:
Date of last day of maximum term of most recently issued debt obligation in #14(MM/DD/YYYY):
Total combined principal and interest required to pay all outstanding ad valorem-secured debt obligations on time and in full, expressed as a per capita amount, projected as of the last
day of the maximum term of the most recently issued debt obligation:
Population total used to calculate per capita figure in #18:
Source and year of population estimate used to calculate projected per capita figure in #18:
Date of last day of maximum term of most recently issued debt obligation in #18(MM/DD/YYYY):
Instructions
Sum all authorized debt obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt in this calculation. Divide this sum
by the population of the political subdivision for the corresponding year of debt obligation data.
The denominator used to calculate per capita figure requested in #1.This is a population total for your entity.
The source of population data comprising the denominator of per capita figure in #1.
Sum the total amount borrowed of all obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total.
Ensure that the population data matches time frame of the fiscal year for which you are reporting.
The denominator used to calculate per capita figure requested in #4.This is a population total for your entity.
The source of population data comprising the denominator of per capita figure in #4.
Sum the total amount borrowed of all obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total.
Add to this the cost of debt service for these debt obligations. Divide this total by the population of the political subdivision. Ensure that the population data matches time frame
of the fiscal year for which you are reporting.
The denominator used to calculate per capita figure requested in #7.This is a population total for your entity.
The source of population data comprising the denominator of per capita figure in #7.
Instructions
Sum any and all authorized debt obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total.
Divide this by the projected population of the political subdivision as of the entity's last day of the maximum term of the most recently issued debt obligation.
The denominator used to calculate per capita figure requested in #10.This is a population projection total for your entity.
The source of population projection comprising the denominator of per capita figure in #10.
The bill asks for the "most recent debt obligation" which is interpreted to mean the most recently issued debt obligation issued by the political subdivision.
Sum the total amount borrowed of all obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total.
Divide by the projected population total for the political subdivision corresponding to the last day of the maximum term of the most recently issued debt obligation.
The denominator used to calculate per capita figure requested in #14.This is a population projection total for your entity.
The source of the population projection comprising the denominator of per capita figure in #14.
The bill asks for the "most recent debt obligation" which is interpreted to mean the most recently issued debt obligation issued by the political subdivision.
Sum the total amount borrowed of all obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total.
Add to this the cost of debt service for these debt obligations. Divide this total by the projected population of the political subdivision corresponding to the last day of the maximum
term of the most recently issued debt obligation.
The denominator used to calculate per capita figure requested in #18.This is a population projection total for your entity.
The source of the population projection comprising the denominator of per capita figure in #18.
The bill asks for the "most recent debt obligation" which is interpreted to mean the most recently issued debt obligation issued by the political subdivision.
References, Local Government Code
140.008(b)(3)(A)
140.008(b)(3)(A)
140.008(b)(3)(A)
140.008(b)(3)(A)
140.008(b)(3)(A)
140.008(b)(3)(A)
140.008(b)(3)(A)
140.008(b)(3)(A)
140.008(b)(3)(A)
References, Local Government Code
140.008(b)(3)(C)
140.008(b)(3)(C)
140.008(b)(3)(C)
140.008(b)(3)(C)
140.008(b)(3)(C)
140.008(b)(3)(C)
140.008(b)(3)(C)
140.008(b)(3)(C)
140.008(b)(3)(C)
140.008(b)(3)(C)
140.008(b)(3)(C)
140.008(b)(3)(C)
Response
Response
Texas Comptroller’s Annual Local Debt Report
Instructions and Glossary
The tables below provide further guidance on properly completing this report. Please contact the Texas Comptroller's office if you have any further questions, by phone (844) 519-5676;
or email, Transparency@cpa.texas.gov
Tab 1: Contact Information
Item #
1
2
3
Tab 2: Individual Debt Obligations
Column
column A
column B
column C
column D
column E
column F
column G
column H
column I
column J
column K
columns L - Q
Tab 3: Summary of Debt Obligations
Item #
1
2
3
4
5
6
7
8
9
10
11
End of Worksheet
Terms
Political Subdivision Name
Political Subdivision Type
Does the Political Subdivision have reportable debt?
Terms
Outstanding debt obligation
If debt is conduit or component debt, enter related entity name
Principal issued
Principal outstanding
Combined principal and interest required to pay each outstanding debt obligation on time and in full
Final maturity date
Is the debt secured in any way by ad valorem taxes?
Total proceeds received
Proceeds spent
Proceeds unspent
Official stated purpose for which the debt obligation was authorized
current credit rating
Terms
Total authorized debt obligations
Total principal of all outstanding debt obligations
Combined principal and interest required to pay all outstanding debt obligations on time and in full
Total authorized debt obligations secured by ad valorem taxation
Total principal of all outstanding debt obligations secured by ad valorem taxation
Combined principal and interest required to pay all outstanding debt obligations secured by ad valorem taxation on time and in full
Political subdivision's population
Source and year of population data
Total authorized debt obligations secured by ad valorem taxation expressed as a per capita amount (required for a municipality, county, and school districts only)
Total principal of outstanding debt obligations secured by ad valorem taxation as a per capita amount (required for municipalities, counties, and school districts only)
Combined principal and interest required to pay all outstanding debt obligations secured by ad valorem taxation on time and in full as a per capita amount (required for municipalities,
counties, and school districts only)
Definitions
Political subdivisions are counties, municipalities, school districts, junior college districts, other special districts, or other subdivisions of state government (Local Government
Code, section 140.008 (a) (2))
Political subdivisions are counties, municipalities, school districts, junior college districts, other special districts, or other subdivisions of state government (Local Government
Code, section 140.008 (a) (2))
A political subdivision must annually compile and report the required financial information under Local Government Code, Section 140.008. There is not an exception to the filing requirement
for a political subdivision with no outstanding debt.
Definitions
an issued public security, as defined under Government Code §1201.002, that has yet to be repaid.
debt that is not a legal liability of the political subdivision but is secured by another entity, such as an Economic Development Corporation
total amount borrowed (par)
total amount borrowed (par) of obligation that has yet to be repaid
the total amount borrowed (par) plus the cost of interest for each individual debt obligation or bond series
final payment date of individual debt obligation at which point all principal and interest will be paid off
indicates which individual debt obligations are in part or whole pledged with property taxes
total assets received from the sale of a new issue of public securities
the portion of total proceeds received (column H) that have been spent
the portion of total proceeds received that are remaining to be spent
The reason for the debt issuance as defined in ballot language if applicable or the Official Statement
existing rating given by any nationally recognized credit rating organization to debt obligations
Definitions
1. Debt obligations are defined in the bill as issued public securities which are instruments, including bonds, certificates, notes, or other types of obligations authorized to be issued
by an issuer under a statute, a municipal home-rule charter, or the constitution of this state (Government Code section 1201.002 (2)).
2. Issuance is the process of authorizing, selling and delivering public debt.
3. Public security authorization means a resolution , order, or ordinance that is approved or adopted, or any other action taken in a proceeding, by the governing body of an issuer in
authorizing the issuance of a public security (Government Code section 1201.002 (3)).
Total amount borrowed (par) of all obligations that have yet to be repaid
Total amount borrowed (par) that has yet to be repaid plus the cost of interest
Total debt obligations secured by a pledge of property taxes
Total amount borrowed (par) of obligations secured by a pledge of property taxes that have yet to be repaid
Total amount borrowed (par)of all property tax-secured obligations plus the cost of interest
The denominator used to calculate per capita figures requested on the Summary of Debt Obligations tab. This is a population total for the entity.
The source of population data comprising the denominator of per capita figures.
Total authorized debt obligations secured by a pledge of property taxes divided by the population of the political subdivision (only school districts, municipalities and counties are
required to provide a response to this question).
Total amount borrowed (par) secured by a pledge of property taxes divided by the population of the political subdivision (only school districts, municipalities and counties are required
to provide a response to this question).
Total debt obligations secured by a pledge of property taxes plus the cost of debt service on these obligations divided by the population of the political subdivision (only school districts,
municipalities and counties are required to provide a response to this question).
Directions
Enter the legal name of your political subdivision.
Click on the cell to access the drop down menu. Select the appropriate type of political entity from the list. If "other" is selected, the blank cell below it must specify the type.
Selecting another entity will black the lower cell out.
Click on the cell to the right to access the drop down menu. Selecting "No" still requires tabs 2 and 3 to be completed. All contact and entity information needs to be completed regardless
if there is no reportable debt.
Directions
Enter the name of the individual debt obligation or bond series. If the entity has no debt to report, enter "No Reportable Debt" in the first cell below the column title (row 10).
Enter the name of the entity who the debt is issued to on behalf of the political subdivision.
Enter the amount borrowed for each individual debt obligation or bond series.
Enter the amount borrowed that has yet to be repaid for each individual debt obligation or bond series.
Enter the amount borrowed plus the cost of interest for each individual debt obligation or bond series; total debt service.
Enter the date of the final payment of principal and interest for each individual debt obligation.
Select "Yes" from the dropdown list if any part of the debt obligation is secured with ad valorem taxes. If not, select "No".
Enter the total assets received from the individual debt obligation.
Enter the portion of the total assets received from the individual debt obligation that have been spent. The spreadsheet automatically calculates this amount.
Enter the portion of the total assets received from the individual debt obligation that have not been spent. (Formula: subtract column I from column H)
Enter the purpose for the issuance of this individual series as defined in ballot language if applicable or the Official Statement. If there is not sufficient space in column K, use
the Additional Notes (tab 4) to add further information regarding purpose. Be sure to label any additional notes you enter in the Additional Notes tab.
Identify if the obligation has received a credit rating. If so, enter the current rating in the appropriate column. Enter credit ratings for all agencies that apply. If the credit rating
organization is not listed, enter the rating organization and rating in the "Other Rating" column. If the debt obligation is identified as unrated, columns M - Q will be blacked out.
Directions
Sum any and all authorized debt obligations. This includes voter-approved and non-voter approved debt obligations.
Sum the total amount borrowed of all debt obligations that have yet to be repaid.
Sum the amount borrowed that has yet to be repaid and the cost of interest; total debt service.
Sum any and all authorized debt obligations secured in any way by ad valorem taxation. Include combination tax and revenue debt obligations in this total.
Sum the total amount borrowed of all obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total.
Sum the amount borrowed for obligations secured in any way by ad valorem taxation plus debt service costs. Include combination tax and revenue debt obligations in this total.
Make sure that the year of the population figures being used match the fiscal year being reporting on.
Include the data source, year and any other pertinent information on the data. For example, if you are using the American Community Survey data, specify the table number. Note that school
district population data is available from the U.S. Census Bureau's Poverty Estimates for School Districts which is part of their Small Area Income and Poverty Program (SAIPE)
Sum any and all authorized debt obligations secured in any way by ad valorem taxation that have yet to be repaid and divide this by the population of the political subdivision. Include
combination tax and revenue debt obligations in this total.
Sum the total amount borrowed of all obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total.
Divide this figure by the population total for the political subdivision.
Sum the total amount borrowed of all obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total.
Add to this the cost of debt service for these debt obligations. Divide this total by the population of the political subdivision.
References, Local Government Code
140.008(2)
140.008(2)
140.008
References, Local Government Code
140.008(b)(1)(C)
N/A
140.008(b)(1)(G)(i)
140.008(b)(1)(C)
140.008(b)(1)(E )
140.008(b)(1)(G)(iii)
140.008(b)(1)(F)
140.008(b)(1)(G)(ii)
140.008(b)(1)(G)(ii)
140.008(b)(1)(G)(ii)
140.008(b)(1)(G)(iv)
140.008(b)(2)
References, Local Government Code
140.008(b)(1)(A), 1201.002
140.008(b)(1)(B)
140.008(b)(1)(D)
140.008(b)(1)(F) & 140.008(b)(1)(A)
140.008(b)(1)(F) & 140.008(b)(1)(B)
140.008(b)(1)(F) & 140.008(b)(1)(D)
140.008(b)(1)(F)
140.008(b)(1)(F)
140.008(b)(1)(F) & 140.008(b)(1)(A)
140.008(b)(1)(F) & 140.008(b)(1)(B)
140.008(b)(1)(F) & 140.008(b)(1)(D)