Tipton Outstanding Obligations
Security Class Purpose Type Description Final Maturity Amount
General Obligation Public Buildings/Schools New Fire Station, St Project Refunding, Water Main Project 06-01-2023 $1,350,000.00
General Obligation Transportation Salt Storage Shed, St. Project, Water Tower Debt, Streetscape Sidewalk Project 06-01-2022 $1,045,000.00
General Obligation Parks/Recreation Aquatic Center upgrades,park improvements,library upgrades,Sewer Relief, Streets., Water main, Ambulance, Cemetery Rds, Police-Fire eqpt.Airport 06-01-2026 $920,000.00
General Obligation Transportation St Prjcts, Eqpt Purchases,Airport Imprvmnts, Wetland Mitigation Prjct 06-01-2023 $745,000.00
General Obligation Transportation Public Works Addition, St. Projects, Equipment Acquisition, Water Projects 06-01-2024 $670,000.00
General Obligation Utilities/Sewers Water Refunding 06-01-2020 $550,000.00
General Obligation Public Safety Fire Truck Purchase. 07-01-2019 $135,294.66
Revenue Bonds Utilities/Sewers Electric Substation 06-01-2027 $2,095,000.00
Revenue Bonds Utilities/Sewers SRF Loan, Wastewater Facility 06-01-2023 $1,475,000.00
Revenue Bonds Utilities/Sewers Electric, Additional Generation Project 06-01-2022 $1,130,000.00
Capital Leases/Lease to Purchase Other Copier Lease 07-31-2020 $35,331.92
Total Debt as of 2016: $10,150,626.58

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