- Home
- Your Government
- Financial Transparency
- Debt Transparency
Debt Transparency
The City of Cleburne takes pride in upholding the highest standards of fiscal responsibility and transparency. We believe in open communication with our community, and that includes being fully transparent about our financial obligations and debt management practices.
| Title, Issue Year and Purpose | Term (Years) | Original Issue Amount | Retired in Previous Years | Debt Balance Oct. 1, 2022 |
|---|---|---|---|---|
General Obligation Refunding Bonds, Series 2011 Refunding of Certificates of Obligation Series 2004 Constructing and improving a City golf course, city streets, and gutter systems. Purchasing and upgrading geographical information systems - including software and hardware. Professional services rendered in connection with financing foregoing projects and items | 13 | $2,655,000 | $1,750,000 | $905,000 |
| Combination Tax and Revenue Certificates of Obligation, Series 2015 (Tax Portion) Designing, developing, constructing, improving, extending and expanding streets, thoroughfares, sidewalks, bridges, and other public ways of the City. Professional services rendered in connection with financing foregoing projects and items. | 20 | $2,400,000 | $240,000 | $2,160,000 |
| General Obligation Refunding Bonds, Series 2021 Refunding 2013 Refunding Bonds and 2013 and 2015 Certificates of Obligation | 13 | $1,795,000 | $15,000 | $1,780,000 |
| Ad Valorem Tax Supported | $6,850,000 | $2,005,000 | $4,845,000 | |
| 4B Sales Tax Revenue Refunding Bonds, Series 2017 (Self Supported Debt) 4B Economic Development Corporation Fund Refunding of 2007 bonds that refunded the 2002 bonds ($12,400,000), including an additional issuance of $5,000,000 for Conference Center construction | 16 | $12,985,000 | $3,675,000 | $9,310,000 |
| 4B Sales Tax Revenue Bonds, Series 2022 (Self Supported Debt) 4B Economic Development Corporation Parks Master Plan Projects | 25 | $8,935,000 | -- | $8,935,000 |
| General Obligation Taxable Bonds, Series 2016 (Self-Supported Debt from 4A Economic Development Corporation Fund) Promoting economic development within the City by designing and constructing a professional league baseball stadium generally located at the Southeast corner of Highway 67 and Nolan River Road, including the acquisition of land therefor, and including concessions, parking facilities, road, street, water, sewer or park facilities or other infrastructure facilities located in proximity to the stadium. | 20 | $24,875,000 | $4,205,000 | $20,670,000 |
| Type A Economic Development Sales Tax Revenue Bonds, Series 2016 Infrastructure structure surrounding The Depot at Cleburne Station | 20 | $6,450,000 | $1,380,000 | $5,070,000 |
| Sales Tax Supported | $40,260,000 | $5,585,000 | $34,675,000 | |
| TOTAL | $47,110,000 | $7,590,000 | $39,520,000 |