The Amarillo Pioneer

Amarillo's only free online newspaper. Established in 2016, we work to bring you local news that is unbiased and honest.

 

How Local Government Debt Stacks Up in Amarillo

The Amarillo Pioneer has searched the financial reports and budgets of various local entities to find out how much each entity currently owes toward servicing accumulated debt.

As of the most recent available financial report for each entity, here is how the debt stacks up in Amarillo.

Amarillo College (As of August 31, 2017)

Current Debt: $62,465,000

Last Bond Election Held: November 2007 (Passed - $68 million)

2016 Revenue: $94,885,506

2016 Tax Rate (According to PRAD) : $0.2705


Amarillo Independent School District (As of 2016)

Current Debt: $159,000,000

Last Bond Election Held: November 2017 (Passed - $100 million)*

2016 Revenue: $105,267,846

2016 Tax Rate (According to PRAD) : $1.1890

*2017 debt not counted in 2016 total


Canyon Independent School District (As of August 2016)

Current Debt: $65,879,967

Last Bond Election Held: May 2015 (Passed - $34.8 million)

2016 Revenue: $69,965,632

2016 Tax Rate (According to PRAD) : $1.2650


City of Amarillo

Current Debt: $46,299,000

Last Bond Election Held: November 2016 (Passed - 2 Propositions)*

2016 Revenue: $359,725,301

2016 Tax Rate (According to PRAD) : $0.36364

*Full 2016 bond debt not included in total


Potter County (As of 2017)

Current Debt: $28,170,000

Last Bond Election Held: November 2017 (Passed)*

2016 Revenue: $56,799,598

2016 Tax Rate (According to PRAD) : $0.6700

*Bonds passed backed by Potter County Assistance District


Randall County (As of 2017)

Current Debt: $52,462,675

Last Bond Election Held: Information Unavailable

2016 Revenue: $62,084,881

2016 Tax Rate (According to PRAD) : $0.41473

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