Long Term Debt

About

Long term debt is issued to finance the Capital Improvement Program. The City of Garland issues General Obligation Bonds, Electric Utility System Revenue Bonds, and Water and Sewer Utility System Revenue Bonds.

House Bill 1378 - Debt Obligation Reporting

View the past and present debt obligation reports for the City of Garland.

Additional Reports & Statements

Continuing Disclosure

  1. Electric Utility Continuing Disclosure (PDF)
  2. General Obligation Continuing Disclosure (PDF)
  3. Water and Sewer Utility Continuing Disclosure (PDF)

Credit Ratings

  1. Fitch Electric Rating (PDF)
  2. Fitch Rating for General Obligation (PDF)
  3. Fitch Rating Water and Sewer (PDF)
  4. Moody's Electric Rating(PDF)
  5. S and P Rating for Water and Sewer (PDF)
  6. S and P Rating General Obligation (PDF)

Municipal Advisory Council of Texas (MAC) Report

  1. Electric Utility Texas Municipal Report (PDF)
  2. General Obligation Texas Municipal Report (PDF)
  3. Water and Sewer Texas Municipal Report (PDF)

Official Statement

  1. Electric Utility Official Statement (PDF)
  2. General Obligation Official Statement (PDF)
  3. Water and Sewer Official Statement (PDF)