Tipton Outstanding Obligations
Security Class Purpose Type Description Final Maturity Amount
General Obligation Transportation 2018 Street Projects 06-01-2029 $1,500,000.00
General Obligation Public Buildings/Schools New Fire Station, St Project Refunding, Water Main Project 06-01-2023 $810,000.00
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 $665,000.00
General Obligation Transportation St Prjcts, Eqpt Purchases,Airport Imprvmnts, Wetland Mitigation Prjct 06-01-2023 $370,000.00
General Obligation Transportation Public Works Addition, St. Projects, Equipment Acquisition, Water Projects 06-01-2024 $335,000.00
General Obligation Transportation Salt Storage Shed, St. Project, Water Tower Debt, Streetscape Sidewalk Project 06-01-2022 $325,000.00
General Obligation Utilities/Sewers Water Refunding 06-01-2020 $135,000.00
General Obligation Public Safety Fire Truck Purchase. 07-01-2019 $36,475.88
Revenue Bonds Utilities/Sewers Electric Substation 06-01-2027 $1,585,000.00
Revenue Bonds Utilities/Sewers SRF Loan, Wastewater Facility 06-01-2023 $962,000.00
Revenue Bonds Utilities/Sewers Electric, Additional Generation Project 06-01-2022 $585,000.00
Capital Leases/Lease to Purchase Other Copier Lease 09-18-2023 $54,998.10
Capital Leases/Lease to Purchase Other Postage Machine 05-31-2022 $9,032.32
Total Debt as of 2019: $7,372,506.30

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