Debt Obligations
Below we have provided downloadable data, documents, and visualizations for the Town of Addison's outstanding debt.
Debt Summary for the Fiscal Year Ended September 30, 2023
- Total Outstanding Debt Obligations: $142,445,000
- Tax-Supported Debt Obligations: $110,485,000
- Note: Tax-supported debt is outstanding principal on governmental activities debt, secured in full by property taxes.
- Tax-Supported Debt Per Capita: $6,235
- Revenue-Supported Debt Obligations: $31,960,000
- Note: 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.
Historical Bond Election Info - General Obligation Bonds
| Election Date |
Purpose |
Amount Authorized |
Issued to Date |
Unissued |
| 05/12/2012 |
Streets Improvements |
$29,500,000 |
$19,500,000 |
$10,000,000 |
| 05/12/2012 |
Road Utilities |
$10,000,000 |
$10,000,000 |
$0 |
| 05/12/2012 |
Airport Land Acquisition |
$7,000,000 |
$7,000,000 |
$0 |
| 05/12/2012 |
Parking Garage |
$3,000,000 |
$0 |
$3,000,000 |
| 05/12/2012 |
Communication System |
$2,000,000 |
$2,000,000 |
$0 |
| 05/12/2012 |
Parks - Pedestrian Connectivity |
$3,500,000 |
$3,500,000 |
$0 |
| 11/05/2019 |
Streets Improvements |
$22,300,000 |
$14,030,000 |
$8,270,000 |
| 11/05/2019 |
Streets Improvements |
$33,602,000 |
$5,000,000 |
$28,602,000 |
| 11/05/2019 |
Parks and Recreation |
$6,723,000 |
$6,723,000 |
$0 |
| 11/05/2019 |
Town Facility Updates |
$7,395,000 |
$7,395,000 |
$0 |
| 11/05/2019 |
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(XLSX, 51KB) and Debt Book(PDF, 2MB)
- Current Fiscal Year Tax Rates
- Tax-Supported and Revenue-Supported Debt(XLSX, 16KB)
- Inflation-Adjusted Tax-Supported Debt Per Capita(XLSX, 15KB)
- Downloadable Issue-by-Issue Debt Obligations(XLSX, 12KB)
- 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
Financial Transparency