City debt records list drainage-fund debt issued before 2023: Series 2012A certificates of obligation ($6,260,000), Drainage Revenue Series 2014 ($6,080,000), Series 2020 ($9,240,000) and Series 2021 ($9,160,000), each for acquiring, improving and constructing municipal drainage facilities and serviced by drainage fund revenue.[1][2]
The City's schedule of debt at September 30, 2025 lists debt serviced by drainage fund revenue: Certificates of Obligation Series 2012A ($6,260,000), Drainage Revenue 2014 ($6,080,000), 2020 ($9,240,000), 2021 ($9,160,000), 2023 ($4,675,000) and 2024 ($38,135,000), totaling $73,550,000 issued and $62,645,000 outstanding.
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