From John Duggan - 50 alarm economic fire in the US and Canada and Europe. [With Explaination]
- Jim Costa
- 1 day ago
- 2 min read
ITM Trading . . . . 37 Minute Video
Grok said:
What is the taxable property base in Texas? What are the outstanding municipal and school bond totals in Texas?
Texas’s statewide taxable property base (2025) is approximately $4.135 trillion. According to the Texas Comptroller of Public Accounts’ 2025 State Totals (Property Value Study), the Total Taxable Value (Value Assigned) is $4,135,316,550,823. This figure represents the taxable value after exemptions and deductions (including state-mandated homestead exemptions and others) and is the primary base used for local property taxes, particularly school district maintenance & operations (M&O) purposes.
Related figures from the same report include a slightly higher PTAD (Property Tax Assistance Division) value of about $4.181 trillion before full assignment adjustments.Outstanding Municipal and School Bonds (Fiscal Year 2025, as of August 31, 2025)Data comes from the Texas Bond Review Board (BRB), which tracks local government debt. Figures below refer primarily to principal outstanding (tax-supported + revenue-supported where applicable). Slight variations appear across BRB summaries and the annual report due to reporting updates.
Independent School Districts (public school bonds): Approximately $148.35 billion total outstanding
Tax-supported: ~$148.24 billion
Revenue-supported: ~$113 million
Schools account for the largest share of local government debt (around 40%).
Cities / Municipal (cities, towns, and villages): Approximately $111.3 billion total outstanding
Tax-supported: ~$51.4 billion
Revenue-supported: ~$59.9 billion
(Some BRB tables show a figure closer to $113.4 billion.)
For context, total local government debt outstanding (all categories: schools, cities, counties, water districts, etc.) was roughly $365.5–$368.9 billion in FY 2025. School districts and cities together make up roughly two-thirds of that total. These amounts cover principal only and exclude most interest, short-term obligations, and certain conduit debt.
Figures can change with new issuances, maturities, and refundings. The most current official data is available from the Texas Comptroller (property values) and the Texas Bond Review Board data center/annual reports (debt).
The bond totals are combined school $261 B
Muni bond totals: $113B
Not near the $ 4.1 Trill mentioned; that is the value of the underlying property value.
What does this mean?
Regards, Tore
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