Local Government Debt Report (HB 1378) FY 2020

Description

The 84th Legislature passed HB 1378 to increase the transparency of local government debt. Under Local Government Code §140.008, political subdivisions, including counties, cities, school districts, junior college districts, certain special purpose districts, and other subdivisions of state government must annually compile their debt obligation data from the preceding fiscal year and either: 1. report it to the Comptroller of Public Accounts for posting or, alternatively, 2. post the information on their own websites. The information presented on the Comptroller's website and retrievable using this search tool is self-reported by submitting entities or third parties on their behalf and has not been independently verified by the Texas Comptroller of Public Accounts. The inclusion of an entity's information here confirms that the Comptroller received the submitted information but does not verify the entity's compliance with the terms of Local Government Code § 140.008. Specific questions or concerns regarding an entity's debt obligations should be directed to that entity. Submission deadline is 180 days from the last day of the entity’s fiscal year.