City · Hidalgo County · id 108-110-03
Mercedes
$28,640,000 of principal outstanding on 9 issues at the end of fiscal year 2025.
Fiscal year 2025 at a glance
Principal outstanding
$28.64 million
Fiscal year 2025
$28,640,000
Interest still to be paid
$7.90 million
Fiscal year 2025
$7,896,425
Total debt service outstanding
$36.54 million
Fiscal year 2025
$36,536,425
Issues outstanding
9
Fiscal year 2025
Tax rate (total, per $100 of value)
0.7850
Fiscal year 2025
Taxable value
$945.7 million
Fiscal year 2025
$945,651,363
Tax-supported principal to taxable value
2.87%
Fiscal year 2025
Computed here from the reported figures.
Principal per resident
$1,633
Fiscal year 2025
Computed here from the reported figures (population 17,535).
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service | Issues | Tax rate | Taxable value |
|---|---|---|---|---|---|---|
| 2025 | $28,640,000 | $7,896,425 | $36,536,425 | 9 | 0.7850 | $945,651,363 |
| 2024 | $24,955,000 | $4,491,819 | $29,446,819 | 8 | 0.7750 | $900,251,092 |
| 2023 | $27,335,000 | $5,331,611 | $32,666,611 | 9 | 0.7750 | $776,137,343 |
| 2022 | $29,650,000 | $6,243,259 | $35,893,259 | 9 | 0.7750 | $721,663,884 |
| 2021 | $23,525,000 | $5,435,006 | $28,960,006 | 8 | 0.7450 | $685,606,144 |
| 2020 | $25,850,000 | $6,281,316 | $32,131,316 | 10 | 0.7450 | $640,581,071 |
| 2019 | $28,115,000 | $7,189,763 | $35,304,763 | 10 | 0.7450 | $598,672,051 |
| 2018 | $20,820,000 | $3,682,468 | $24,502,468 | 9 | 0.7450 | $587,819,775 |
| 2017 | $23,335,000 | $4,348,437 | $27,683,437 | 11 | 0.7450 | $545,308,420 |
| 2016 | $26,230,000 | $5,550,922 | $31,780,922 | 11 | 0.7550 | $529,169,236 |
Issues outstanding, fiscal year 2025
Download CSV| Issue | Closed | Pledge | Purpose | Final maturity | Principal | Interest |
|---|---|---|---|---|---|---|
| Comb Tax & Ltd Pledge Rev CO Ser 2021 | Nov 18, 2021 | Tax-supported (general obligation) | General purpose | Aug 15, 2033 | $7,645,000 | $1,001,131 |
| Comb Tax & Ltd Pledge Rev CO Ser 2018 | Dec 20, 2018 | Tax-supported (general obligation) | General purpose | Aug 15, 2038 | $7,385,000 | $2,083,900 |
| Comb Tax & Ltd Pledge Rev CO Ser 2024 | Oct 3, 2024 | Tax-supported (general obligation) | Combined utility system | Aug 15, 2049 | $6,080,000 | $4,168,275 |
| Ltd Tax Ref Bonds Ser 2016 | Dec 29, 2016 | Tax-supported (general obligation) | Refunding | Aug 15, 2036 | $4,065,000 | $417,913 |
| Util Sys Rev Bonds Ser 2013 | May 7, 2013 | Revenue | Water and sewer | Aug 15, 2033 | $1,470,000 | $125,207 |
| Comb Tax & Ltd Pledge Rev CO Ser 2015 | Feb 19, 2015 | Tax-supported (general obligation) | General purpose | Aug 15, 2030 | $1,100,000 | $76,440 |
| Pub Prop Finance Contr Oblig Ser 2013 | Dec 19, 2013 | Tax-supported (general obligation) | General purpose | Aug 15, 2028 | $525,000 | $20,655 |
| GO Ref Bonds Ser 2015 | Feb 19, 2015 | Tax-supported (general obligation) | Refunding | Aug 15, 2026 | $240,000 | $2,904 |
| Comb Tax & Sub Lien Rev CO Ser 2006 | Jun 29, 2006 | Tax-supported (general obligation) | Combined utility system | Aug 15, 2027 | $130,000 | $0 |
Earlier issues
Issues last reported before fiscal year 2025: repaid, refunded or matured.
- GO Ref Bonds Ser 2013 closed Dec 19, 2013; last reported fiscal year 2023
- Ltd Tax Ref Bonds Ser 2010A closed Dec 16, 2010; last reported fiscal year 2020
- Comb Tax & Sub Lien Rev CO Ser 2008 closed Nov 6, 2008; last reported fiscal year 2020
- Ltd Tax Ref Bonds Ser 2010 closed Feb 9, 2010; last reported fiscal year 2017
- Comb Tax & Ltd Pledge Rev CO Ser 2007 closed Dec 6, 2007; last reported fiscal year 2017
- Comb Tax & Sub Lien Rev CO Ser 2012 closed Jun 17, 2014; last reported fiscal year 2016
Source: Local Issuance Fee By Year (updated by the publisher Sep 9, 2026); Debt Outstanding By Issuance Local By Year (updated by the publisher Sep 9, 2026). Loaded here Oct 3, 2026.
Texas fiscal years run September 1 to August 31.
Figures are as reported to the agency and have not been independently verified.