# World Spinach Capital Misses Debt Payments After Severe Flood 2026-08-12T22:42:10+00:00 | World & Diplomacy | Indian Opinion Desk Corroboration: 1 independent outlet Crystal City, Texas, known as the spinach capital of the world, has missed debt service payments due on August 1 after severe flooding compounded its financial troubles, according to an August 12 securities filing. The city said it will make a partial payment of $31,000 on August 15 and expects to become current by November 1. It attributed the missed payments to emergency flood expenses, lower-than-budgeted tax collections after lay-offs at the local school district (its largest employer), and higher maintenance costs. The July 17 flood, which raised the Nueces River from roughly eight feet to 30 feet overnight, damaged 183 properties and prompted FEMA relief approvals. ## Coverage - livemint.com Tags: climate impact, Crystal City, debt default, flooding, municipal bonds, Texas Canonical: https://indianopinion.org/world-spinach-capital-misses-debt-payments-after-severe-flood/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/world-spinach-capital-misses-debt-payments-after-severe-flood/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.