Water district · Denton County · id 061-204-48
Northlake MMD 2
$31,350,000 of principal outstanding on 4 issues at the end of fiscal year 2025.
Fiscal year 2025 at a glance
Principal outstanding
$31.35 million
Fiscal year 2025
$31,350,000
Interest still to be paid
$17.91 million
Fiscal year 2025
$17,909,100
Total debt service outstanding
$49.26 million
Fiscal year 2025
$49,259,100
Issues outstanding
4
Fiscal year 2025
Tax rate (total, per $100 of value)
0.7050
Fiscal year 2025
Taxable value
$274.9 million
Fiscal year 2025
$274,920,818
Tax-supported principal to taxable value
11.40%
Fiscal year 2025
Computed here from the reported figures.
Principal per resident
$16,227
Fiscal year 2025
Computed here from the reported figures (population 1,932).
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service | Issues | Tax rate | Taxable value |
|---|---|---|---|---|---|---|
| 2025 | $31,350,000 | $17,909,100 | $49,259,100 | 4 | 0.7050 | $274,920,818 |
| 2024 | $26,400,000 | $15,756,988 | $42,156,988 | 3 | 0.7050 | $217,829,529 |
| 2023 | $19,070,000 | $11,150,482 | $30,220,482 | 2 | 0.0000 | $114,293,686 |
| 2022 | $9,000,000 | $4,016,775 | $13,016,775 | 1 | 0.7050 | $42,705,902 |
Issues outstanding, fiscal year 2025
Download CSV| Issue | Closed | Pledge | Purpose | Final maturity | Principal | Interest |
|---|---|---|---|---|---|---|
| Unl Tax Util Bonds Ser 2022 | Nov 9, 2022 | Tax-supported (general obligation) | Combined utility system | Mar 1, 2048 | $10,070,000 | $6,411,469 |
| Unl Tax Road Bonds Ser 2022 | Mar 15, 2022 | Tax-supported (general obligation) | Transportation | Mar 1, 2047 | $8,240,000 | $3,157,800 |
| Unl Tax Road Bonds Ser 2023 | Nov 9, 2023 | Tax-supported (general obligation) | Transportation | Mar 1, 2048 | $7,415,000 | $5,034,331 |
| Unl Tax Util Bonds Ser 2024 | Dec 19, 2024 | Tax-supported (general obligation) | Water and sewer | Mar 1, 2049 | $5,625,000 | $3,305,500 |
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.