Adel Outstanding Obligations
Security Class |
Purpose Type |
Description |
Final Maturity |
Amount |
General Obligation |
Transportation |
Adel Brick Streets 2017 |
06-01-2032 |
$3,935,000.00 |
General Obligation |
Parks/Recreation |
Aquatic Center |
06-01-2032 |
$3,260,000.00 |
General Obligation |
Public Buildings/Schools |
refund Library |
06-01-2024 |
$1,100,000.00 |
General Obligation |
Transportation |
refund Street Project |
06-01-2021 |
$770,000.00 |
General Obligation |
Public Safety |
New Fire Truck |
06-01-2025 |
$370,000.00 |
General Obligation |
Transportation |
Refunding street debt |
06-01-2018 |
$175,000.00 |
Revenue Bonds |
Utilities/Sewers |
2013 water project |
06-01-2033 |
$1,165,000.00 |
Revenue Bonds |
Utilities/Sewers |
2013 sewer project |
06-01-2033 |
$475,000.00 |
Total Debt as of 2017: |
$11,250,000.00 |
Fun Facts:
- Adel's per capita debt of $1,828.38 is ranked 477th out of 725 reporting.