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*
Ad Valorem Supported
General Fund
$232,210,000
$2,285
EMS Apparatus Replacement Fund
250,000
2
Airport Fund
2,585,000
25
Solid Waste Fund
4,660,000
46
Hotel/Motel Fund
2,620,000
26
NBEDC
17,790,000
175
Total Ad Valorem Supported
$260,115,000
$2,559
Revenue Supported
Creekside TIRZ Fund
18,975,000
187
Total
$279,090,000
$2,746
Total Outstanding Debt
Outstanding Per Capita*
Capital Leases
$955,164
$9
*2021 Census Estimate 101,637
Historical Bond Program Information
2019 Bond Program - May 4th, 2019
Proposition
Amount
Infrastructure/Transpiration
$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
Charts and Graphs
Property Taxes
The total property tax rate in the City of New Braunfels is .4754. The total tax rate is comprised of the Operations and Maintenance portion (.2474) 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.
Current Debt Obligations as of 9/30/21: Outstanding direct debt obligations, tax and revenue supported, as well as State Infrastructure Bank (SIB) loans and leases. Includes purpose, credit rating, outstanding principal amount, debt service, and spent and unspent proceeds issue-by-issue.