Debt Information

The Town of Little Elm's outstanding debt comprises direct obligations and custodial debt associated with Public Improvement Districts. Direct obligations consist of debt issued by the Town and secured by levied taxes or Town revenues. Public Improvement District (PID) Debt is debt issued that the Town is not obligated to pay and assessed through the various PIDs levies.


TOWN OF LITTLE ELM 
TOTAL OUTSTANDING DEBT OBLIGATIONS


As of September 30, 2022, the Direct Obligated Debt for the Town was as follows:

Note:  Per Capita figures are based on the Town’s 2022 estimated population of 51,635


 Debt Per Capita

Town of Little Elm - Outstanding Direct Debt: Fiscal Year 2022Per Capita Outstanding Debit
Governmental Activities

                                  General Obligation Bonds        $16,170,109   $313.16
                                  Certificate of Obligations        $59,735,500$1,156.88
                                Total Tax-Supported Debt Obligations        $75,905,609$1,470.04
Business-Type Activities

                                  General Obligation Bonds        $14,479,458   $280.42
                                  Certification of Obligations        $27,008,050   $523.06
                                Total Tax-Supported Debt Obligations        $41,487,508   $803.48



TOTAL LITTLE ELM OUTSTANDING DIRECT DEBT       $117,393,117$2,273.52


Chart of Little Elm Debt History 2018-2022

Debt Detail Information

Outstanding Debt Obligation by Issue as of 09/30/22: Issue-by-issue listing, including the principal amount of each outstanding debt obligation


Outstanding Direct Debt by Fiscal Year for the Last 5-Years: Total outstanding tax-supported and revenue-supported debt. 

                                                                                                                                                           

HB 1378: Debt Obligation Reporting under Local Government Code Section 140.008

The 84th Legislature passed HB 1378 to increase the transparency of local government debt. Under Local Government Code § 140.008political 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.

Town of Little Elm's 2021 Direct Debt and Debt Service Requirements.