Bond Debt & Obligations

$1.997 Billion
in Outstanding Bond Debt

As of FY2025, Humble ISD carries nearly $2 billion in total bond obligations — principal still owed plus all future scheduled interest payments. That's $9,779 per resident, more than double the per-capita burden from a decade ago. The district's population grew 7.7% in that time. Debt grew 126%.

Total Outstanding Debt
$1.997B
Principal + all future interest, FY2025
Interest Owed
$700.8M
Cost of borrowing — on top of principal
Per Resident (Est.)
$9,779
Est. population 204,178 — up from $4,653 in 2014
Debt Growth Since 2014
+126%
From $881.9M to $1.997B in 11 years
💡
What is this debt, and who pays for it?
This is bond debt — money Humble ISD borrowed to build and renovate school buildings. It is completely separate from the operating budget (teacher salaries, transportation, etc.) and is funded through a dedicated line on your property tax bill called the I&S rate (Interest & Sinking). Humble ISD voters approved these bonds at elections.

The figures shown are total obligations — the principal Humble ISD still owes, plus every future interest payment already scheduled. As new bonds are issued and old ones are paid off, this number changes each year. The $700.8M in interest means that for every dollar borrowed, the district pays back roughly $1.54 in total.
📈 Total Outstanding Debt by Year — Principal vs. Interest

Blue = principal still owed (money borrowed). Orange = interest still owed (cost of borrowing). Both are growing — but interest is growing faster.

⚠️
The interest alone now exceeds the entire 2014 debt
In FY2025, Humble ISD owes $700.8 million in interest on top of $1.296 billion in principal. That interest figure is larger than the district's entire outstanding debt in 2014 ($881.9M total). This is the compounding cost of repeated bond issuance — voters approved the bonds, but the interest payments represent a long-term financial obligation that grows with each new bond cycle.
👤 Per Resident Debt Burden by Year

Each resident's share of the total outstanding debt. A family of four carries roughly four times this amount.

📊 Full Debt History — FY2014 through FY2025
Fiscal Year Principal Interest Total Owed Population* Per Capita Year-Over-Year Change

*Population estimates per Municipal Advisory Council of Texas. Fiscal year ends June 30. "Total Owed" = principal remaining + all future scheduled interest payments as of year-end.

What does this mean
for taxpayers?

Bond debt is not the same as the annual school budget. You pay for it on a separate line of your property tax bill — the I&S (Interest & Sinking) rate, which goes entirely toward repaying bonds and interest. The M&O rate funds daily school operations.

Humble ISD's total debt has grown from $882 million in 2014 to nearly $2 billion in 2025 — a 126% increase — while the district's population grew by less than 8%. That gap means each resident now carries more than twice the debt share they did a decade ago.

  • 🗳️
    Voter-approved bonds — Humble ISD voters approved these bonds at elections. Bonds fund the construction and major renovation of school buildings — things that can't come from the regular operating budget.
  • 🏠
    Separate from your operating budget tax — The I&S rate on your property tax bill goes directly to bondholders. It is charged in addition to the M&O rate that pays for teachers and daily operations.
  • 💸
    $700M is just the cost of borrowing — Of the nearly $2B owed, $700.8M is interest — money paid to bondholders above and beyond what was originally borrowed. That's not a building or a classroom. It's the price of financing.
  • 📉
    Debt outpaced growth — Population rose 7.7% from 2014 to 2025. Debt rose 126%. The per-capita burden has more than doubled: $4,653 per resident in 2014 → $9,779 in 2025. A family of four now carries roughly $39,116 in Humble ISD bond obligations.
Data Source
Official Humble ISD — Total Outstanding Debt Summary — Annual report published by Humble ISD. Figures represent total obligations (principal + all future scheduled interest) at fiscal year end (June 30). Population estimates from the Municipal Advisory Council of Texas. This report is a public document available from Humble ISD.