Debt

The City issues debt for the purpose of constructing or acquiring capital assets that have a general benefit to residents and that allow White Settlement to fulfill its various duties and missions as a city. Debt may be issued for the purchasing of land or rights-of-way, improvements to land, capital equipment, and for the construction of projects that provide for the general good of the city.

Bond Ratings

Moody’s - A1
Standard & Poor’s - AA-

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 § 140.008 , political 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.

BudgetDocuments include debt service information for current and previous fiscal years.

Texas Comptroller Public Accounts Debt at a Glance tool

Bond Review Board

Analysis of Outstanding Debt