The city owes $149,183,110 in scheduled debt payments, and has promised retirement benefits beyond that.
This page is the balance sheet, not the budget: what Deer Park has already committed to, whatever happens next year. Debt is shown to its last scheduled payment rather than as a yearly figure, and the pension and retiree-health promises are shown as how far they sit from fully funded. What the town spent this year is a different question, answered on Where it goes.
Measure · Obligations reads: FY2025 ACFR, liabilities
What it owes
What is this town committed to, whether it likes it or not?
What the ledger carries today on the obligation side, straight off the audited statements. This is what Deer Park owes; what it spent this year is a different measure, on where it goes.
| Obligation | Position |
|---|---|
| Governmental debt service to maturity (GO+CO)City of Deer Park FY2025 ACFR · Notes to Financial Statements - debt service to maturity, total $149,183,110 (printed p.57 / PDF p.63); expenses_and_debt.md §5 | $149,183,110 |
| Net debt per capita (FY2025)City of Deer Park FY2025 ACFR · Ratios of General Bonded Debt Outstanding, per-capita column '2,075' (printed p.121 / PDF p.129); Ratios of Outstanding Debt by Type (printed p.120 / PDF p.128); Deer_Park EXTRACTION_REPORT_FY2025 §D GO-bonds basis is $2,260/capita. LOCATOR CORRECTED: $2,075 is on the Ratios of General Bonded Debt Outstanding table (printed p.121), NOT the Legal Debt Margin / Demographic pages the reports' prior 'p.131-133' (PDF-page) citation pointed at. |
$2,075 (net debt $70.18M / 33,823) |
| Net bonded debt per capita, start of the FY2016-FY2025 ACFR window (FY2016)City of Deer Park FY2019 CAFR · Ratios of General Bonded Debt Outstanding, 'Net Bonded Debt Per Capita', FY2016 column = $493 (FY2019 CAFR PDF p.155-156; identically FY2020 CAFR) With the M17 extension the series now reaches FY2011 ($783/capita). correction on the record: Rev 2 said $538 (FY2016), read in good faith from the FY2025 ACFR statistical table. Per the year-shift finding (see dp.series.netdebt.fy2016 rev 2), $538 is FY2015's value in every contemporaneous report; FY2016 is $493. |
$493 (FY2016) |
| Total OPEB liability (primary govt, meas. 9/30/2025)City of Deer Park FY2025 ACFR · Notes to Financial Statements - OPEB (printed p.73 / PDF p.79); Deer_Park EXTRACTION_REPORT_FY2025 §B | $19,863,003 |
| TMRS net pension liability (meas. 12/31/2024)City of Deer Park FY2025 ACFR · Schedule of Changes in Net Pension Liability and Related Ratios (printed p.85 / PDF p.92); Deer_Park EXTRACTION_REPORT_FY2025 §B | $9,441,206 (94.9% funded) |
| General Fund -> enterprise transfer (FY2025)City of Deer Park FY2025 ACFR · Statement of Activities, transfers (printed p.21 / PDF p.27); Statement of Revenues, Expenses and Changes in Fund Net Position (printed p.29 / PDF p.35); expenses_and_debt.md §4 Direction is GF->enterprise (capital for the community center), not a hidden subsidy to the GF. LOCATOR CORRECTED: the figure is on the Statement of Activities (printed p.21), NOT printed p.114 as the reports' prior 'p.122' (PDF-page) citation implied. |
$10,542,348 |
In plain words — every term in that table, defined:
- Net debt per capita — the town’s net debt divided by its people: your household’s share of what the city has borrowed. It is $2,075 (net debt $70.18M / 33,823)printed p.121 / PDF p.129 today, up from $493 (FY2016)†correctedFY2019 CAFR PDF p.155-156; identically FY2020 CAFR a decade ago — roughly quadrupled, on the courthouse and community-center bonds.
- GO + CO bonds — the two ways a Texas city borrows. General Obligation (GO) bonds require a public vote; Certificates of Obligation (CO) can be issued by the council without one. Both are repaid from your taxes; $149,183,110printed p.57 / PDF p.63 is the two combined, totaled to the last scheduled payment.
- OPEB — “other post-employment benefits”: promised retiree health coverage, separate from pensions. $19,863,003printed p.73 / PDF p.79 is care city employees have already earned that the town will pay for in future years.
- TMRS — the Texas Municipal Retirement System, the city employees’ pension plan. $9,441,206 (94.9% funded)printed p.85 / PDF p.92 is how far that promise sits from fully funded — here about 95% funded, which is healthy for a Texas city.
- General Fund → enterprise transfer — money moved from the tax-supported General Fund into a utility/enterprise fund. $10,542,348printed p.21 / PDF p.27 here paid for the community center — not a struggling utility being propped up by taxes. The direction of that arrow matters, and the ledger records it.