Water Revenue Bonds, Series 2025 (SRF loan and disbursement agreement)

Revenue (SRF loans) · Not on the latest statement

What the City of Tiffin owes, how that changed over time, and what each borrowing paid for, compiled from the Treasurer of Iowa disclosure statements, Annual Financial Reports, audits, official statements and debt books the city published. See also fund balances and the cash-flow chart (bond proceeds appear there as borrowing).

Compiled from documents the City of Tiffin published with its council agendas (the Treasurer of Iowa disclosure statements, Annual Financial Reports, audits, official statements, debt books, urban renewal reports). Not official accounting. Every figure is as printed on the linked page and as of the date shown; where two documents print different figures for the same date, both are shown.

As printed$39,307,059owed on Jun 30, 2026: 12 issues on the Treasurer of Iowa disclosure statement.

Estimate$49,982,504Estimate since the 2026 report: the statement's total, plus borrowing it leaves out.

Derived80.0%of the constitutional debt limit: the 2026 statement's GO rows ($32,025,000) over the last printed limit ($40,044,588, Mar 2, 2025).

62.0%last printed share of the limit, Mar 2, 2025 (Preliminary official statement).

Outstanding debt over time

One bar per fiscal year (July–June, named by the year it ends): the June 30 figure of the best source that year (disclosure statement, then audit, then Annual Financial Report); a year without a June 30 figure shows the latest one printed. Bars before 2021 are the AFR's own categories. The last bar adds the estimate (dashed outline).

Every figure printed, by date and source

Share of the constitutional debt limit used

Iowa limits general-obligation debt to 5% of the actual value of taxable property. Solid points: the city's own computation, joined only within one kind of document (official statements, which include the bond being sold at its planned size; the debt books' current-year rows). The two kinds are not joined to each other: they count different dates and items. Hollow points are derived: an Annual Financial Report's GO total over its limit (counts annual-appropriation bonds in full), and the latest disclosure statement's GO rows over the last printed limit. Dashed: the financial advisor's projection in the latest debt book, which assumed the 2025A at $5.5M, the Recreation Center bonds (2026A) at $10M (issued: $12.9M), a 2028A fire station issue of $8.5M and 8% yearly valuation growth.

Printed or computed from printed figuresDerived Projection (debt book)

Table of the debt-limit figures

Every borrowing

Include paid-off and refunded issues


Sewer Revenue Bond, SRF Series 2016	2016-09-30	2037-06-01	$2,296,000	$1,276,000	Wastewater treatment plant, phase one	Outstanding
General Obligation Corporate Purpose Bonds, Series 2017A	2017-12-20	2033-06-01	$5,140,000	$2,685,000	Streets, sewer, water, storm water, parks and trails	Outstanding
General Obligation Annual Appropriation Fire Truck Acquisition Bonds, Series 2018A	2018-04-04	2038-06-01	$1,100,000	$765,000	A fire department ladder truck	Outstanding
General Obligation Corporate Purpose Bonds, Series 2019A	2019-09-04	2031-06-01	$4,500,000	$2,175,000	Streets, water, sewer and storm sewer	Outstanding
General Obligation Urban Renewal and Refunding Bonds, Series 2020A	2020-08-25	2035-06-01	$7,670,000	$3,930,000	Phase II streets, a water well, the public works building, a sewer main, and refunding Series 2012A	Outstanding
Sewer Revenue Bond, SRF Series 2018	2021-02-05	2038-06-01	$5,624,000	$4,138,000	Wastewater treatment plant, phase two	Outstanding
General Obligation Annual Appropriation Corporate Purpose Refunding Bonds, Series 2021A	2021-03-09	2028-06-01	$2,510,000	$760,000	Refunding of Series 2015A	Outstanding
Sewer Revenue Bond, Series 2022 (SRF sponsored project)	2022-03-04	2038-06-01	$486,000	$343,059	Permeable paver parking (a water resource restoration project, 0% interest)	Outstanding
General Obligation Corporate Purpose Bonds, Series 2022A	2022-05-18	2038-06-01	$2,740,000	$2,050,000	Public works building, land purchase (fire station site), fire truck	Outstanding
Water Revenue Loan and Disbursement Agreement Anticipation Project Note, Series 2024 (SRF planning and design loan)	2024-01-05	2027-01-05	$143,774	$143,774	Planning and design of the water treatment plant	Not on the latest statement
General Obligation Corporate Purpose Bonds (Capital Loan Notes), Series 2024A	2024-05-30	2032-06-01	$3,565,000	$2,980,000	Original Town phase 3 streets, Kimberlite Street, fire and public works vehicles, North Park Road engineering	Outstanding
Financed purchase, 2013 street sweeper	2024-08-16		$130,000	$101,896	A used (2013) street sweeper	Not on the latest statement
Financed purchase, 2012 sewer cleaner	2025-01-15		$175,000	$175,000	A used (2012) sewer cleaning truck	Not on the latest statement
General Obligation Corporate Purpose Bonds, Series 2025A	2025-04-24	2040-06-01	$5,350,000	$5,280,000	North Park Road reconstruction	Outstanding
Water Revenue Bonds, Series 2025 (SRF loan and disbursement agreement)	2025-08-19		$14,384,000		Water treatment plant upgrades (reverse osmosis)	Not on the latest statement
General Obligation Urban Renewal Bonds, Series 2026A	2026-02-17	2043-06-01	$12,925,000	$12,925,000	The Community/Recreation Center	Outstanding

Outstanding: the latest balance printed, with its date and source (the latest disclosure statement for listed issues; for an SRF loan, the amount requested from it so far). Click a row for its history, documents and projects.