Page 336 - Hurst FY20 Approved Budget

ANALYSIS OF SELECTED CITIES
G.O. BONDED INDEBTEDNESS FOR 2018-2019

RATIO OF
BONDED DEBT TO
DEBT PER ASSESSED
CITY POPULATION GO & CO CAPITA Rank VALUATION Rank
Grapevine 51,971 $ 127,301,837 $2,449.48 2 0.61% 17
Southlake 30,991 $ 64,542,592 $2,082.62 3 0.97% 16
North Richland Hills 69,798 $ 132,075,000 $1,892.25 5 3.86% 3
Saginaw 22,079 $ 33,090,000 $1,498.71 8 2.53% 6
Irving 238,289 $ 295,063,194 $1,238.26 13 5.30% 2
Coppell 41,360 $ 63,645,000 $1,538.81 7 1.02% 15
Hurst 39,160 $ 62,680,000 $1,604.00 6 2.65% 5
Arlington 392,772 $ 382,735,000 $974.45 15 1.96% 11
McKinney 172,298 $ 327,665,000 $1,901.73 4 2.16% 9
Keller 46,646 $ 27,175,353 $582.59 19 1.41% 14
Bedford 49,528 $ 64,415,000 $1,300.58 9 2.02% 10
Azle 12,064 $ 15,265,000 $1,265.33 11 2.27% 8
Farmers Branch 34,988 $ 31,225,000 $892.45 16 0.30% 18
Denton 133,808 $ 163,264,836 $1,220.14 14 1.94% 12
Euless 54,769 $ 47,080,000 $859.61 18 1.49% 13
Watauga 24,629 $ 30,945,000 $1,256.45 12 0.15% 19
Colleyville 26,152 $ 7,125,000 $272.45 20 0.06% 20
Haltom City 44,361 $ 38,435,000 $866.41 17 2.28% 7
Richland Hills 8,350 $ 23,652,000 $2,832.57 1 3.71% 4
Carrollton 133,351 $ 170,030,000 $1,275.06 10 23.28% 1

$2,107,409,812
AVERAGE $1,390.20 3.00%

The average bonded debt per capita for all listed cities is $1,390.20. Hurst is slightly above this average and ranks 6 th of twenty surveyed
cities in average bonded debt per capita. The average ratio of debt to assessed valuation is 3.00%. Hurst ranks 5th in this category (for
General Obligation and Certificate of Obligation debt).

Information was taken from the Texas Municipal League Surveys website at http://www.tml.org/surveys.asp#tnd18

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