Debt Obligations
Below we have provided downloadable data, documents, and visualizations for the Town of Addison's outstanding debt.
Total Outstanding Debt Obligations | $142,445,000 |
Tax-Supported Debt Obligations* | $110,485,000 |
Tax-Supported Debt Per Capita | $6,235 |
Revenue-Supported Debt Obligations** | $31,960,000 |
*Tax-supported debt is outstanding principal on governmental activities debt, secured in full by property taxes.
**Revenue-supported debt is outstanding principal on business-type activities debt, such as Utilities, Stormwater, and Airport. The Town's revenue-supported debt is paid by these business-type activity funds but is also secured by property taxes.
Election Date | Purpose | Amount Authorized | Issued to Date | Unissued |
5/12/2012 | Streets Improvements | $29,500,000 | $19,500,000 | $10,000,000 |
5/12/2012 | Road Utilities | $10,000,000 | $10,000,000 | $0 |
5/12/2012 | Airport Land Acquisition | $7,000,000 | $7,000,000 | $0 |
5/12/2012 | Parking Garage | $3,000,000 | $0 | $3,000,000 |
5/12/2012 | Communication System | $2,000,000 | $2,000,000 | $0 |
5/12/2012 | Parks - Pedestrian Connectivity | $3,500,000 | $3,500,000 | $0 |
11/5/2019 | Streets Improvements | $22,300,000 | $14,030,000 | $8,270,000 |
11/5/2019 | Streets Improvements | $33,602,000 | $5,000,000 | $28,602,000 |
11/5/2019 | Parks and Recreation | $6,723,000 | $6,723,000 | $0 |
11/5/2019 | Town Facility Updates | $7,395,000 | $7,395,000 | $0 |
11/5/2019 | Traffic Control System | $600,000 | $600,000 | $0 |
Totals: | $125,620,000 | $75,748,000 | $49,872,000 |
Bond Elections
There are no upcoming bond elections.
Visualizations
Downloadable Documents:
- Local Annual Debt Report and Debt Book
- Current Fiscal Year Tax Rates
- Tax-Supported and Revenue-Supported Debt
- Inflation-Adjusted Tax-Supported Debt Per Capita
- Downloadable Issue-by-Issue Debt Obligations
- Debt 101 Presentation from January 23, 2018, City Council Meeting
- Debt 201 Presentation from the September 27, 2018, City Council Meeting
- View the debt service payment history and requirements in the Town's Annual Budgets.
- For debt statistics on all Texas cities, counties, school districts, community colleges, and the state itself please visit the Texas Comptroller of Public Accounts Debt at a Glance tool page.
- Additional debt information is available on the Bond Review Board local government debt data website.
Town of Addison Annual Energy Consumption