The Seguin ISD Business Department is responsible for preparing financial reports and debt information that promote transparency and accountability.
The information below shows debt obligation as of June 30, 2019.
DEBT INFORMATION SUMMARY
Tax-supported bonds are payable solely from future revenues of the Debt Service Fund. The Debt Service Fund accounts for the resources accumulated and payments made for principal and interest on long-term general obligation debt of governmental funds. The primary revenue source is local ad valorem property taxes levied specifically for debt service. Revenue-supported bonds are payable from revenues of the General Fund. The General Fund accounts for revenues from local maintenance taxes (M&O), other local sources, foundation entitlements, and other Foundation School Program sources.
The following is a summary of changes in long-term debt for the year ended June 30, 2019.
June 30, 2018
June 30, 2019
TAX-SUPPORTED DEBT TREND
REVENUE-SUPPORTED DEBT TREND
INFLATION ADJUSTED TAX-SUPPORTED DEBT PER STUDENT TREND
Note: The inflation adjustment above uses inflation adjustment by Consumer Price Index (CPI)
published by the Bureau of Labor Statistics (BLS).
OUTSTANDING BONDS PAYABLE
RATION OF TAX-SUPPORTED DEBT TO ASSESSED VALUE
MOODY'S BOND RATINGS
LINKS AND OTHER INFORMATION
1221 E. Kingsbury | Seguin, Texas 78155 | Phone: (830) 401-8600 | Fax: (830) 379-0392 • © 2006-2018 Seguin Independent School District
It is the policy of the Seguin Independent School District not to discriminate on the basis of race, color, national origin, sex or disability in its Educational programs, services or activities, as required by Title VI of the Civil Rights Act of 1964, as amended; Title IX of the Educational Amendments of 1972; the Age Discrimination Act of 1975, as amended; and Section 504 of the Rehabilitation Act of 1973, as amended.