Debt

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Debt Obligations 

HB 1378: Debt Obligation Reporting - The 84th Legislature passed HB 1378 to increase the transparency of local government debt. Under Local Government Code Sec. 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.

The total amount of tax supported debt for the City of Keller as of September 30, 2023 is $17,435,000; revenue supported debt is $28,230,000. Detailed information for outstanding obligations can be viewed here or in booklet format

 Debt Obligations  FY 2022-23  Per Capita
 Total Revenue-Supported Debt Obligations
$28,230,000 $607.70
 Total Tax-Supported Debt Obligations $17,435,000  $375.32
 Total Outstanding Debt Obligations $45,665,000 $983.02

Bond Information
The City of Keller is reviewed by two separate rating agencies
Current bond ratings (as of 2022):
Standard and Poor's - AAA
Moody's Investor's Services - Aaa

Current Tax Rates

Includes property and sales taxes charged by all taxing entities on properties within the city limits
 

Downloadable Data 

Time Trend for Tax Supported and Revenue Supported Debt City of Keller

Historical Bond Election Information: Includes election date, purpose, and the amount of bond elections

Additional Links
Debt information in previous years' adopted budgets     
City of Keller Investment Policy
Texas Comptroller of Public Accounts Debt at a Glance
Texas Bond Review Board
Contact Local Officials