Bonds

General Obligation Debt
  • Moody's Investor's Service, Incorporated Underlying Rating:  "Aa2"
  • Standard and Poor's Corporation Underlying Rating: "AA"
  • Fitch Ratings Underlying Rating: "AA"
Water & Sewer
  • Moody's Investor's Service, Incorporated Underlying Rating: "NR"
  • Standard and Poor's Corporation Underlying Rating: "AA"
  • Fitch Ratings Underlying Rating: "NR"
La Porte Area Water Authority
  • Moody's Investor's Service, Incorporated Underlying Rating: "NR"
  • Standard and Poor's Corporation Underlying Rating: "AA"
  • Fitch Ratings Underlying Rating: "NR"
The City’s last bond sale was April 17, 2014.

Additional information on the City's debt can be found in the Budget document which can be accessed under the Budget/CAFR section in PDF format.

Fiscal Year 2015 Resources for General Fund (Budgeted)
  • Property Tax Revenues: 36%
  • In Lieu of Taxes: 29%
  • Charges for Services: 14%
  • Sales Tax: 11%
  • Franchise Fees: 5%
  • Other Revenue: 5%