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 |
| Lease Purchase | Yes | $102,588.00 | Water Well Equipment |
City of Troup Current Debt Obligations
| Per Capita | ||
| Total Outstanding Debt Obligations | $1,507000.00 | $751.25 |
| Tax Supported Debt Obligations | $1,507,000.00 | $751.25 |
| Revenue Supported Debt Obligation | -0- | |
| Lease Purchase or Lease Revenue Debt Obligations | $140,580.59 | $70.08 |
Per Capita is based on the 2020 Census
Currently the City of Troup has scheduled no bond elections.
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.
Download the spreadsheet with the complete information on the outstanding 2020 Combination Tax and
Surplus Water and Sewer System Revenue Certificates of Obligation, Series 2020.
The tax rates for our current fiscal year can be found on our budget cover page by following this link.
The tax rates and budgets for the current year and preceding years can be found in the budget documents located at this link.
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.
Follow this link to the Texas Comptroller of Pubic Accounts Debt at a Glance tool
Follow this link to the Bond Review Board local government debt data.
Click the above images to go to our Financial Transparency or Pension Transparency