City of Troup Debt Information
City of Troup Tax Supported Debt Obligations
| Certificates of Obligation | Council Approved | Approved Amount | Funding Source | Purpose |
| 2013 Refunding Certificates of Obligation | Yes | $1,544,000 | Ad Valorem Taxes | Construction of Elevated Water Storage Tank |
| 2020 Combination Tax and Surplus Water and Sewer System Revenue Certificates of Obligation | Yes | $844,000 | Ad Valorem Taxes | Renovation of Wastewater Treatment Plant |
City of Troup Lease Purchase or Lease Revenue Debt Obligations
| Type | Council Approved | Approved Amount | Purpose |
| Lease Purchase | Yes | $44,698.00 | Storm Siren |
| Lease Purchase | Yes | $34,155.71 | Tractor |
| Lease Purchase | Yes | $72,500.00 | Backhoe |
| Lease Purchase | Yes | $65,330.00 | Vacuum Excavator |
City of Troup Current Debt Obligations
| Per Capita | ||
| Total Outstanding Debt Obligations |
$1,805,179.74 | |
| Tax Supported Debt Obligations |
$1,629,000.00 | $881.02 |
| Revenue Supported Debt Obligation |
-0- | |
| Lease Purchase or Lease Revenue Debt Obligations |
$176,179.74 |
Per Capita is based on the 2010 Census
Download the spreadsheet with the total outstanding tax-supported and revenue supported debt for the past five years.
Download the spreadsheet with the complete information on the outstanding 2013 Refunding Bond debt obligation.
All City of Troup ad valorum Tax Obligations are Certificates of Obligation authorized by the Troup City Council. All Lease Purchase agreements are authorized by the Troup City Council.
Annually, the City of Troup files a Local Annual Debt Report or a document created in compliance with Local Government Code § 140.008.
The link to that report is here.
Click the above images to go to our Financial Transparency or Pension Transparency