Laserfiche WebLink
<br /> TABLE OF CONTENTS <br /> Official Statement: .1!9L <br /> Elected Officials ------------------------------------------------------------- 3 <br /> Appointed Officials ----------------------------------------------------------- 3 <br /> Consultants and Advisors ------------------------------------------------------ 3 <br /> Registration ------------------------------------------------------------------ 4 <br /> Introductory Statement -------------------------------------------------------- 5 <br /> Valuation and Debt Information ------------------------------------------------ 6 <br /> Ad Valorem Taxation ----------------------------------------.------------------ 7/8 <br /> Non-Funded Debt --------------------------------------------------------------- 8 <br /> Funded Debt Limitation -------------------------------------------------------- 8 <br /> Valuation and Funded Debt History ---------------.----------------------------- 8 <br /> Estimated Future Net Taxable Assessed Valuations ------------------------------ 8 <br /> Estimated Overlapping Funded Debt Payable From Ad Valorem Taxes --------------- 9 <br /> Tax Rate Limitation ----------------------------------------------------------- 9 <br /> Taxable Assessed Valuations by Category --------------------------------------- 10 <br /> Tax Data ---------------------------------------------------------------------- 11 <br /> Municipal Sales Tax ----------------------------------------------------------- 11 <br /> Top Ten Taxpayers ------------------------------------------------------------- 12 <br /> Tax Adequacy ------------------------------------------------------------------ 12 <br /> Interest and Sinking Fund Management Index ------------------------------------ 12 <br /> Authorized General Obligation Bonds ------------------------------------------ 12 <br /> Anticipated Issuance of General Obligation Bonds ------------------------------ 12 <br /> General Obligation Debt Service Requirements ---------------------------------- 13 <br /> Computation of Self-Supporting Debt ------------------------------------------- 14 <br /> Proceeds ---------------------------------------------------------------------- 14 <br /> Pension Plan ------------------------------------------------------------------ 14 <br /> General Fund Revenues and Expenditures ---------------------------------------- 15 <br /> Condensed Statement of Operations - Waterworks and Sewer System --------------- 16 <br /> Authorized Revenue Bonds ------------------------------------------------------ 16 <br /> Anticipated Issuance of Voted Revenue Bonds ----------------------------------- 16 <br /> Value of Systems -------------------------------------------------------------- 17 <br /> City's Equity in System ------------------------------------------------------- 17 <br /> Waterworks System ------------------------------------------------------------- 17/18 <br /> Wastewater System ------------------------------------------------------------- 19 <br /> Top Ten Water and Sewer Customers --------------------------------------------- 19 <br /> Billing Procedures ------------------------------------------------------------ 19 <br /> Monthly Water and Sewer Rates ------------------------------------------------- 20 <br /> Analysis of Water Bills ------------------------------------------------------- 20 <br /> Analysis of Sewer Bills ------------------------------------------------------- 21 <br /> Condensed Statement of Operations - Airport System ---------------------------- 21 <br /> General IMformation Regarding City and Its Economy ---------------------------- 22/24 <br /> Ratings ----------------------------------------------------------------------- 25 <br /> Tax Exemption ----------------------------------------------------------------- 25 <br /> Registration and Qualification of Bonds for Sale ------------------------------ 25 <br /> Legal Investments and Eligibility to Secure Public Funds in Texas ------------- 25 <br /> Legal Opinions and No-Litigation Certificate ---------------------------------- 25/26 <br /> Authenticity of Financial Information ----------------------------------------- 26 <br /> Financial Advisor ------------------------------------------------------------- 26 <br /> Certification of the Official Statement --------------------------------------- 26 <br /> Audited Financial Statements, September 30,1984, examined by <br /> Harold V. Simpson & Company, Certified Public Accountants---------------- Enclosure <br /> -2- <br />