Debt Obligations
Below we have provided downloadable data, documents, and visualizations for the Town of Addison's outstanding debt.
Debt Summary for the Fiscal Year Ended September 30, 2020
| Total Outstanding Debt Obligations | $118,065,000 |
| Tax-Supported Debt Obligations* | $86,685,000 |
| Tax-Supported Debt Per Capita | $5,490 |
| Revenue-Supported Debt Obligations** | $31,380,000 |
*Tax-supported debt is an outstanding principal on governmental activities debt, secured in full by property taxes.
**Revenue-supported debt is an outstanding principal on business-type activities debt, such as Utilities, Stormwater, and Airport. The Town's revenue-supported debt is paid by these business-type activity funds but is also secured by property taxes.
Addison does not have lease-purchase or lease-revenue obligations.
| Election Date | Purpose | Amount Authorized | Issued to Date | Unissued |
|---|---|---|---|---|
| 5/12/2012 | Street Improvements | $29,500,000 | $6,500,000 | $23,000,000 |
| 5/12/2012 | Road Utilities | $10,000,000 | $10,000,000 | $0 |
| 5/12/2012 | Airport Land Acquisition | $7,000,000 | $7,000,000 | $0 |
| 5/12/2012 | Parking Garage | $3,000,000 | $0 | $3,000,000 |
| 5/12/2012 | Communication System | $2,000,000 | $2,000,000 | $0 |
| 5/12/2012 | Parks - Pedestrian Connectivity | $3,500,000 | $3,500,000 | $0 |
| 11/5/2019 | Streets Improvements | $22,300,000 | $14,030,000 | $8,270,000 |
| 11/5/2019 | Streets Improvements | $33,602,000 | $0 | $33,602,000 |
| 11/5/2019 | Parks and Recreation | $6,723,000 | $365,000 | $6,358,000 |
| 11/5/2019 | Town Facility Updates | $7,395,000 | $140,000 | $7,255,000 |
| 11/5/2019 | Traffic Control System | $600,000 | $600,000 | $0 |
| Total | $125,620,000 | $44,135,000 | $81,485,000 |
Bond Elections
There are no upcoming bond elections.
Visualizations
Downloadable Documents:
- Local Annual Debt Report and Debt Book
- Current Fiscal Year Tax Rates
- Tax-Supported and Revenue-Supported Debt
- Inflation-Adjusted Tax-Supported Debt Per Capita
- Downloadable Issue-by-Issue Debt Obligations
- Debt 101 Presentation from January 23, 2018, City Council Meeting
- Debt 201 Presentation from the September 27, 2018, City Council Meeting
- View the debt service payment history and requirements in the Town's Annual Budgets.
- For debt statistics on all Texas cities, counties, school districts, community colleges, and the state itself please visit the Texas Comptroller of Public Accounts Debt at a Glance tool page.
- Additional debt information is available on the Bond Review Board local government debt data website.
Town of Addison Annual Energy Consumption
| Utility | Provider | CY2020 | CY2021 | ||
|---|---|---|---|---|---|
| Electricity | Gexa Energy | 9,396,061 kWh | $815,451 | 9,720,737 kWh | $1,182,010 |
| Natural Gas | Atmos Energy | 38,313 CCF | $24,481 | 49,466 CCF | $41,257 |
| Water | Dallas Water Utilities | 1,519,445,000 Gal. | $3,471,469 | 1,861,201,000 Gal. | $4,362,305 |
| Total |
|
$4,311,401 |
|
$5,585,572 |
