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Water district · Galveston County · id 084-239-04

Galveston County MUD 59

$28,250,000 of principal outstanding on 3 issues at the end of fiscal year 2025.

Fiscal year 2025 at a glance

Principal outstanding
$28.25 million
Fiscal year 2025

$28,250,000

Interest still to be paid
$20.13 million
Fiscal year 2025

$20,128,888

Total debt service outstanding
$48.38 million
Fiscal year 2025

$48,378,888

Issues outstanding
3
Fiscal year 2025
Tax rate (total, per $100 of value)
0.9800
Fiscal year 2025
Taxable value
$155.7 million
Fiscal year 2025

$155,682,857

Tax-supported principal to taxable value
18.15%
Fiscal year 2025

Computed here from the reported figures.

Principal per resident
$15,565
Fiscal year 2025

Computed here from the reported figures (population 1,815).

Debt outstanding by fiscal year

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Principal outstanding at each fiscal year end; the table below gives the figures.FY 2024: $11,625,0002024FY 2025: $28,250,0002025
Debt outstanding at each fiscal year end
Fiscal yearPrincipalInterestTotal debt serviceIssuesTax rateTaxable value
2025$28,250,000$20,128,888$48,378,88830.9800$155,682,857
2024$11,625,000$9,637,488$21,262,48810.9800$91,568,408

Issues outstanding, fiscal year 2025

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Issues with principal outstanding, largest first
IssueClosedPledgePurposeFinal maturityPrincipalInterest
Unl Tax Bonds Ser 2024Dec 19, 2024Tax-supported (general obligation)Water and sewerJun 1, 2050$11,500,000$7,641,381
Unl Tax Road Bonds Ser 2023Nov 28, 2023Tax-supported (general obligation)TransportationJun 1, 2049$11,410,000$8,997,138
Unl Tax Road Bonds Ser 2024Dec 19, 2024Tax-supported (general obligation)TransportationJun 1, 2050$5,340,000$3,490,369

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.