Page 292 - Hurst Budget FY21

ANALYSIS OF SELECTED CITIES
G.O. BONDED INDEBTEDNESS FOR 2019-2020

RATIO OF
BONDED DEBT TO
DEBT PER ASSESSED
CITY POPULATION GO & CO CAPITA Rank VALUATION Rank
Grapevine 53,982 $ 147,832,633 $2,738.55 4 0.71% 16
Weatherford 31,836 $ 90,455,000 $2,841.28 3 1.36% 12
North Richland Hills 70,836 $ 121,400,000 $1,713.82 9 3.55% 3
Saginaw 22,380 $ 29,640,000 $1,324.40 12 2.26% 8
Irving 240,373 $ 295,063,194 $1,227.52 14 5.30% 1
Coppell 41,941 $ 92,305,000 $2,200.83 6 1.48% 11
Hurst 39,160 $ 64,985,000 $1,659.47 11 2.75% 7
Arlington 398,112 $ 222,885,000 $559.86 19 1.14% 13
Flower Mound 77,329 $ 169,720,000 $2,194.78 7 1.12% 14
Keller 44,940 $ 57,475,000 $1,278.93 13 2.99% 5
Bedford 49,528 $ 145,925,000 $2,946.31 2 4.57% 2
Azle 13,347 $ 15,185,000 $1,137.71 16 2.26% 9
Farmers Branch 40,209 $ 44,785,000 $1,113.81 17 0.44% 18
Trophy Club 12,369 $ 45,727,577 $3,696.95 1 0.54% 17
Euless 57,346 $ 59,300,000 $1,034.07 18 1.88% 10
Watauga 24,629 $ 41,400,000 $1,680.95 10 0.20% 19
Colleyville 26,945 $ 8,140,000 $302.10 20 0.07% 20
Haltom City 44,417 $ 51,205,000 $1,152.82 15 3.04% 4
Richland Hills 8,350 $ 18,618,500 $2,229.76 5 2.92% 6
Blue Mound 2,500 $ 5,256,830 $2,102.73 8 0.72% 15

$1,727,303,734
AVERAGE $1,756.83 1.97%

The average bonded debt per capita for all listed cities is $1,756.83. Hurst is slightly below this average and ranks 11 th of twenty
surveyed cities in average bonded debt per capita. The average ratio of debt to assessed valuation is 1.97%. Hurst ranks 7th 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#tnd20

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