Webster City Outstanding Obligations
Security Class Purpose Type Description Final Maturity Amount
General Obligation Transportation GO Bond to refund 2020A Road Use Revenue Bond, pay for 2020 & 2021 2nd Street Projects, Trails, Police Radios, Parking Lots 06-01-2040 $8,420,000.00
General Obligation Transportation Street Reconstruction, Sidewalk/Trail Construction, Storm Sewer Utility Relocation 06-01-2029 $2,145,000.00
Revenue Bonds Utilities/Sewers This is a refinancing revenue bond for constructing transmission and generation improvements for the municipal electric department. 11-01-2036 $10,431,250.00
Revenue Bonds Utilities/Sewers Electric Distribution Projects & portion of AMI meters. 06-01-2044 $8,410,000.00
Revenue Bonds Utilities/Sewers Water portion of street projects, water distribution project, clarifier, water plant improvements and a few other water projects 06-01-2044 $5,135,000.00
Revenue Bonds Utilities/Sewers Water Revenue Bond Refunded 2012A Water Bond and used for Water Distribution Projects & portion of Street Bldg housing water distribution items 06-01-2041 $4,440,000.00
Revenue Bonds Parks/Recreation This loan is to pay for improvements to our recreation building 03-01-2041 $1,463,762.09
Revenue Bonds Industrial Related USDA Pass through loan from their REDLG program. Money went to Mary Ann's Specialty Foods who is reimbursing the City for the payments each month 11-15-2027 $344,537.76
Revenue Bonds Health Care USDA Pass through loan from their REDLG program. Money went to Van Diest Medical Center who is reimbursing the City for the payments each month 06-25-2026 $201,680.64
Loans Housing/Urban Dev. An internal loan between funds. Electric Utility loaned Brewer Creek Estates money to construct a housing development 06-01-2028 $2,529,848.91
Loans Utilities/Sewers An internal loan between funds. Electric Utility loaned Sewer Utility money for the sewer portion of the 2020 2nd Street Reconstruction Project. 12-01-2031 $511,400.80
Total Debt as of 2024: $44,032,480.20

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