The following information is provided to allow Sweeny ISD tax payers an easy to understand source for the district's debt obligations.
2019-20 Tax Rate
-
M&O Tax Rate: $0.99 per $100 of taxable value
-
I&S Tax Rate: $0.1517 per $100 of taxable value
-
Total Combined Tax Rate: $1.1417 per $100 of taxable value
Current Credit Ratings
| AGENCY |
UND RATING |
ENH Rating |
| Moody's |
Aa3 |
Aaa |
Authorized General Obligation Bonds
(As of 3/31/2020)
| AUTHORIZATION |
ISSUED |
UNISSUED |
TOTAL AUTHORIZATION AMOUNT |
| 1998 |
$14,000,000 |
$0 |
$14,000,000 |
| 2002 |
$3,000,000 |
$0 |
$3,000,000 |
| 2005 |
$6,000,000 |
$0 |
$6,000,000 |
| 2006 |
$16,000,000 |
$0 |
$16,000,000 |
| 2010 |
$6,000,000 |
$0 |
$6,000,000 |
| 2014 |
$26,000,000 |
$0 |
$26,000,000 |
| 2019 |
$26,600,000 |
$1,400,000 |
$28,000,000
|
Total tax-supported debt outstanding at August 31, 2019: $50,801,956
Texas Comptroller Report Debt at a Glance
HB 1378 Transparency Form 2019