City · Cameron County · id 031-112-03
South Padre Island
$23,295,000 of principal outstanding on 6 issues at the end of fiscal year 2025.
Fiscal year 2025 at a glance
Principal outstanding
$23.30 million
Fiscal year 2025
$23,295,000
Interest still to be paid
$5.91 million
Fiscal year 2025
$5,906,925
Total debt service outstanding
$29.20 million
Fiscal year 2025
$29,201,925
Issues outstanding
6
Fiscal year 2025
Tax rate (total, per $100 of value)
0.2322
Fiscal year 2025
Taxable value
$4.27 billion
Fiscal year 2025
$4,270,960,044
Tax-supported principal to taxable value
0.37%
Fiscal year 2025
Computed here from the reported figures.
Principal per resident
$11,221
Fiscal year 2025
Computed here from the reported figures (population 2,076).
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service | Issues | Tax rate | Taxable value |
|---|---|---|---|---|---|---|
| 2025 | $23,295,000 | $5,906,925 | $29,201,925 | 6 | 0.2322 | $4,270,960,044 |
| 2024 | $19,350,000 | $5,590,674 | $24,940,674 | 6 | 0.2322 | $4,165,902,135 |
| 2023 | $18,725,000 | $5,854,732 | $24,579,732 | 5 | 0.2891 | $3,148,321,561 |
| 2022 | $16,605,000 | $5,419,475 | $22,024,475 | 5 | 0.3137 | $2,688,814,519 |
| 2021 | $18,225,000 | $6,012,287 | $24,237,287 | 6 | 0.3137 | $2,670,508,289 |
| 2020 | $15,460,000 | $6,073,050 | $21,533,050 | 5 | 0.3156 | $2,648,445,999 |
| 2019 | $17,130,000 | $6,652,013 | $23,782,013 | 5 | 0.3156 | $2,558,564,041 |
| 2018 | $18,750,000 | $7,274,450 | $26,024,450 | 5 | 0.3156 | $2,524,890,163 |
| 2017 | $20,330,000 | $7,937,388 | $28,267,388 | 5 | 0.3056 | $2,520,610,804 |
| 2016 | $12,610,000 | $2,170,400 | $14,780,400 | 4 | 0.2856 | $2,512,804,922 |
Issues outstanding, fiscal year 2025
Download CSV| Issue | Closed | Pledge | Purpose | Final maturity | Principal | Interest |
|---|---|---|---|---|---|---|
| Venue HOT Rev Bonds Ser 2017 | Aug 1, 2017 | Revenue | Recreation | Aug 1, 2047 | $7,500,000 | $3,661,688 |
| Tax Note Ser 2025 | Aug 13, 2025 | Tax-supported (general obligation) | General purpose | Aug 15, 2032 | $5,725,000 | $1,055,465 |
| Tax Notes Ser 2023 | Jul 13, 2023 | Tax-supported (general obligation) | Water and sewer | Aug 15, 2030 | $3,500,000 | $596,250 |
| Tax Notes Ser 2021 | Aug 18, 2021 | Tax-supported (general obligation) | General purpose | Aug 15, 2028 | $2,635,000 | $124,475 |
| Tax Notes Ser 2024 | Jul 17, 2024 | Tax-supported (general obligation) | Fire | Aug 15, 2031 | $2,345,000 | $321,897 |
| GO Ref Bonds Ser 2020 | Dec 1, 2020 | Tax-supported (general obligation) | Refunding | Aug 15, 2031 | $1,590,000 | $147,150 |
Earlier issues
Issues last reported before fiscal year 2025: repaid, refunded or matured.
- GO Ref Bonds Ser 2012 closed Aug 28, 2012; last reported fiscal year 2024
- Tax Notes Ser 2016 closed May 4, 2016; last reported fiscal year 2022
- Tax Notes Ser 2015 closed Jul 28, 2015; last reported fiscal year 2021
- GO Bonds Ser 2011 closed Jun 22, 2011; last reported fiscal year 2020
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.
