What Leander owes on software subscriptions and leases

In short

• The city owed about $276,000 on software it rents for more than a year.¹
• That is down from about $616,000 a year earlier.²
• All of it is due by 2027.¹

How it works

• Some deals count as debt. The city rents software under deals it cannot cancel. The audit lists what it still has to pay as money owed. It also lists the right to use the software as something the city owns.³

What the numbers show

Year ending Sept. 30	Amount owed paid off	Interest
2026	$156,321	$9,205
2027	$120,156	$2,264
Total	$276,477	$11,469

Source: the city’s fiscal 2025 annual financial report, Note 6.¹

• The deals started in 2022. They began at $1,348,095. The rate is 4.5%.¹
• The city signed no new deals for its main services in the year. It paid down $339,580.²
• Leases: the city owed $329,436 on leases for its main services. Of that, $228,573 is due within a year.²

The other side

• This is a small part of what the city owes. For its main services, it owed $211,995,000 on general obligation bonds alone.²

Questions to ask

• Which software do the city’s subscription deals cover?
• Does the city plan new multi-year software deals when these end?

Changes to this page

• Nov. 2, 2026: Rewrote the questions to ask so each is open, neutral and addressed to the public body.
• Nov. 2, 2026: New page.

Footnotes

1. City of Leander, Texas, Annual Financial Report for fiscal 2025, Note 6, “Long-term Debt,” SBITA Liability, p.51: governmental activities, various agreements, interest rate 4.50%, initial year 2022, initial liability $1,348,095, interest current year $20,069, outstanding 9/30/2025 $276,477, due within one year $156,321; debt service 2026 principal $156,321 interest $9,205, 2027 $120,156 and $2,264; totals $276,477 and $11,469. ↩ ↩² ↩³ ↩⁴

2. Same report, Note 6, long-term liability activity, governmental activities, p.48: SBITA liability beginning $616,057, additions $0, reductions $(339,580), ending $276,477; leases payable ending $329,436, due within one year $228,573; general obligation bonds ending $211,995,000. ↩ ↩² ↩³ ↩⁴

3. Same report, Note 1, “Subscription-Based Information Technology Arrangements (SBITA),” p.35: “The SBITAs are noncancellable, and the City recognizes a SBITA liability and an intangible right to use SBITA asset in the governmentwide financial statements.” ↩