Algona Outstanding Obligations
Security Class Purpose Type Description Final Maturity Amount
General Obligation Transportation Street Reconstruction Rural Fire Pumper 06-01-2040 $7,624,794.50
General Obligation Public Buildings/Schools New City Hall LOSST 06-01-2032 $1,340,000.00
General Obligation Industrial Related Industrial Park Land Series 2021B WIB 06-01-2032 $550,000.00
Revenue Bonds Utilities/Sewers 2017 Sanitary Sewer Improvements 06-01-2037 $1,922,000.00
Revenue Bonds Utilities/Sewers Wastewater Treatment Plant upgrades 2010 Series 06-01-2031 $857,000.00
Loans Industrial Related Industrial Park Land Acquisition (TIF) 05-01-2031 $190,912.00
Loans Industrial Related Industrial Park Land Acquisition (TIF) 12-01-2029 $110,803.00
Total Debt as of 2024: $12,595,509.50

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