Item 3B1 (2)City of Southlake Debt Management Strategy
Presentation Outline
Funding of City debt;
City’s debt obligations;
City’s debt management strategies;
FY 2012
Annual Debt Service
$21,348,272
What funding sources are used?
Property Tax Bill for Average Southlake Home
Current Debt Paid Off
75%
Tax Supported Obligations
Self-Supported Debt
CCPD Bonds
TIF Bonds
SPDC Bonds
Utility Fund Bonds
Crime Control Prevention District
Southlake Parks Development Corporation
Tax Increment Reinvestment Zone #1
Utility Fund Projects
Ratings: Fitch and Standard & Poor’s
AAA
Questions?