transparency Debt at a Glance

DAAG - City Richardson

City of Richardson

Pop. 120,981

% Change Population, 2009-2018

+22.8% Richardson +16.9% Texas

Source: U.S. Census Bureau

Richardson in Dallas and Collin Counties was home to 120,981 Texans in 2018. Its residents had a median income of $76,719 in 2016.

The data on this page is provided as of the date indicated and may not reflect debt, population or other data as of any subsequent date. In addition, the debt is shown for the city only, and not for other political subdivisions that may have outstanding debt, taxing powers, and the same boundaries as the city. Debt of a controlled non-profit corporation is included as debt of its sponsoring city, even if non-recourse. See other explanations.

For more information on the types of debt, refer to our Debt Glossary.

Current Debt Obligations

Debt Outstanding Richardson, Texas as of August 31, 2018

the table lists the type of debt and amount
Type of Debt Amount
Tax Supported Debt $308,820,000  
Revenue Supported Debt $0  
Lease-Purchase Obligations $0 

Source: Texas Bond Review Board

CABs Outstanding for Richardson, as of August 31, 2018

No data available.

Source: Texas Bond Review Board

Sales Tax Rate in Fiscal Year 2018

Property Tax Rate in Calendar Year 2018
(Per $100 Valuation)

How Richardson Compares

Tax-Supported Debt Outstanding for Cities of Similar Size, as of August 31, 2018

a list of cities of similar population and their debt
City Name Tax Supported Debt Outstanding Tax Supported Debt Outstanding Per Capita Population
Round Rock   $190,160,000   $1,477   128,739  
Abilene   $314,145,000   $2,554   122,999  
Pearland   $310,500,000   $2,542   122,149  
Richardson   $308,820,000   $2,553   120,981  
Odessa   $108,310,000   $898   120,568  
Sugar Land   $285,117,426   $2,404   118,600  
Beaumont   $208,180,000   $1,758   118,428  
The Woodlands Township   $34,440,000   $294   117,305  
College Station   $322,495,000   $2,775   116,218  
Lewisville   $80,545,000   $756   106,586  

Source: Texas Bond Review Board, U.S. Census Bureau
Note: The table includes Richardson and nine cities with closest population numbers based on 2018 U.S. Census Bureau population data. Tax-supported debt does not include revenue debt and lease-purchase obligations. For cities with municipal gas and/or electric utilities, regional airports, or other capital assets not common to cities generally, Tax-Supported Outstanding Debt may include debt for infrastructure that in other cities is carried by private enterprises, a public facility corporation or not at all.

Certificates of Obligation Issuances

Source: Texas Bond Review Board
Note: Amounts are estimates and have not been adjusted for inflation or population growth. The Bond Review Board has reconciled Certificates of Obligation issuances from 2003 through 2018.

Most Recent Bond Election

City of Richardson Bond Election

Approved Bonds

Election Proposition Purpose Amount
11/03/2015 Prop. 1   Public Buildings   $67,000,000  
11/03/2015 Prop. 2   Streets   $38,570,000  
11/03/2015 Prop. 3   Parks   $7,230,000  
11/03/2015 Prop. 4   Sidewalks   $2,200,000  

Defeated Bonds

No data available.

Source: City of Richardson
Note: Does not reflect authorized but unissued debt, if any, approved at earlier elections.

Proposed Bond Issuances

No data available.

Note: Reflects only referenda currently known and verified by the Comptroller's office at this time.

For a full list statewide, see the Upcoming Bond Election Roundup.

Tax-Supported Debt per Capita
changed by -0.1%
from 2009 to 2018.

Richardson Tax-Supported Debt Per Capita Outstanding at Fiscal Year End: 10-Year Trend

Sources: Texas Bond Review Board, U.S. Census Bureau, Bureau of Labor Statistics
Note: Reflects debt in 2018 dollars divided by estimated population in the relevant year. Some debt issued before 2008 may not be reflected.

Authorized But Unissued Tax-Supported Debt

After voters approve tax-supported debt for a local entity in an election, the entity applies to the Attorney General (OAG) to approve issuance before debt is issued. Typically, the entity does not apply for the OAG to approve the total debt package at once, but rather over time so that it can manage the projects and reduce interest expense. Authorized but unissued tax-supported debt totals are the remaining voter approved tax-supported debt that the entity has not issued yet and may be issued in the future.

No data available.

Source: Texas Bond Review Board
Note: Reflects authorized but unissued tax-supported debt as of August 31, 2018. Some debt authorized prior to 2003 but still unissued may not be reflected.

An Introduction to Understanding

Comprehensive Annual Financial Reports

When you’re ready to learn about a public entity’s fiscal health, you’ll find a great deal of information in comprehensive annual financial reports (CAFRs) and other yearly reports. Often posted online alongside other financial information, CAFRs report an entity’s accounting statements, debts and other key information for the past year.

But sometimes that information can be tricky to find – and tough to understand. Because of that, our office compiled some tips for locating an entity’s CAFRs and for understanding them. You’ll learn how all CAFRs have certain similarities and when and why different entities’ CAFRs will differ in key ways. Plus, we detail strategies for pinpointing the debt, expenditure and revenue information you need to hold a government entity accountable.

Note that the data in the following publications is presented as of the dates indicated in the publications and may not reflect debt, population or other data as of any subsequent date. For further or more current information, see the applicable entity’s web site or its most recent filings at Electronic Municipal Market Access (EMMA®). The Comptroller does not control or guarantee the accuracy, completeness, or currency of any such site. When you access any such site, you will be leaving the Comptroller’s website.

Read our Guide to Understanding Comprehensive Annual Reports (CAFRs)

Download 2018 city debt data. (XLSX)

To learn more about the finances of public pension plans that may operate in this jurisdiction, please visit our public pension search tool.