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City · Lubbock County · id 152-102-03

Shallowater

$3,315,000 of principal outstanding on 3 issues at the end of fiscal year 2025.

Fiscal year 2025 at a glance

Principal outstanding
$3.32 million
Fiscal year 2025

$3,315,000

Interest still to be paid
$679,310
Fiscal year 2025
Total debt service outstanding
$3.99 million
Fiscal year 2025

$3,994,310

Issues outstanding
3
Fiscal year 2025
Tax rate (total, per $100 of value)
0.5628
Fiscal year 2025
Taxable value
$302.9 million
Fiscal year 2025

$302,858,540

Tax-supported principal to taxable value
1.09%
Fiscal year 2025

Computed here from the reported figures.

Principal per resident
$1,115
Fiscal year 2025

Computed here from the reported figures (population 2,972).

Debt outstanding by fiscal year

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Principal outstanding at each fiscal year end; the table below gives the figures.FY 2016: $3,540,0002016FY 2017: $3,355,0002017FY 2018: $3,165,0002018FY 2019: $4,970,0002019FY 2020: $4,730,0002020FY 2021: $4,460,0002021FY 2022: $4,185,0002022FY 2023: $3,905,0002023FY 2024: $3,615,0002024FY 2025: $3,315,0002025
Debt outstanding at each fiscal year end
Fiscal yearPrincipalInterestTotal debt serviceIssuesTax rateTaxable value
2025$3,315,000$679,310$3,994,31030.5628$302,858,540
2024$3,615,000$784,027$4,399,02730.5948$276,425,341
2023$3,905,000$897,821$4,802,82130.5978$256,496,985
2022$4,185,000$1,020,027$5,205,02730.6166$212,999,721
2021$4,460,000$1,150,034$5,610,03430.6538$182,259,922
2020$4,730,000$1,287,286$6,017,28630.6535$177,747,386
2019$4,970,000$1,450,454$6,420,45430.6810$164,061,781
2018$3,165,000$886,633$4,051,63310.7161$151,381,918
2017$3,355,000$1,007,010$4,362,01010.6793$144,979,559
2016$3,540,000$1,131,693$4,671,69310.6793$135,812,115

Issues outstanding, fiscal year 2025

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Issues with principal outstanding, largest first
IssueClosedPledgePurposeFinal maturityPrincipalInterest
GO Bonds Ser 2012Jun 8, 2012Tax-supported (general obligation)Water and sewerAug 15, 2031$1,655,000$217,188
Comb Tax & Surplus Net Rev CO Ser 2019BJan 17, 2019Tax-supported (general obligation)Water and sewerAug 15, 2049$860,000$0
Comb Tax & Surplus Net Rev CO Ser 2019AJan 17, 2019Tax-supported (general obligation)Water and sewerAug 15, 2049$800,000$462,122

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 4, 2026.

Texas fiscal years run September 1 to August 31.

Figures are as reported to the agency and have not been independently verified.