The Debt ClockLIVE ESTIMATE
Celina's total debt obligations, including principal and accumulating interest. This data is aggregated directly from Celina's own records, including FY 2025-26 adopted budget, Certificates of Obligation, General Obligation Bonds, and other debt obligations found in public records. (Sources linked below.)
City-Wide Principal & InterestPop: 67,232
The city pays $48,165,162/year in debt service — that's $5,498/hour, 24/7/365.
FY 2025 Total Debt Service Outstanding — (~50K-70K Pop.)
Total principal and interest of current interest bonds (CIBs) outstanding. Includes projected annual scheduled debt service owed through the final maturity date of all outstanding debt.
Celina's total debt service ($1.78B) is 6.9x the peer average ($259M) — that's $34,399 per resident. None of the other 8 cities even reach $700M.
The total amount of money required to pay both principal and interest on all outstanding debt obligations through the final maturity date. This represents the full cost of borrowing.
The original amount borrowed. This is the face value of all bonds issued that must be repaid. It does not include interest costs.
The standard type of municipal bond where interest is paid semiannually throughout the bond's life. All nine cities shown use CIBs exclusively — none have capital appreciation bonds.
Bonds where no interest payments are made until maturity, causing interest to compound. Often criticized because the total repayment can be many times the original principal. No city in this comparison has CABs outstanding ($0).
Source: Texas Bond Review Board Data Center — FY 2025 (reported Aug 31, 2025)
⚠ This data is approximately 1 year old. The city's debt has grown since this was reported to the State.
Peer cities selected by BRB based on nearest population match (~50K). All cities use Current Interest Bonds (CIBs) only.
FY 2025 Total Debt Service Outstanding (~50K-70K Pop.)
Total principal and interest of all current interest bonds (CIBs) outstanding, plus projected annual scheduled debt service owed through the final maturity date.
The total amount of money required to pay principal and interest on all outstanding debt obligations. This includes scheduled annual payments through the final maturity date.
The original amount borrowed. As Celina makes payments, principal decreases — but new bond issuances increase it. Celina's principal peaked at $1.06B in FY 2025.
The most common type of municipal bond. The issuer pays interest periodically (usually semiannually) throughout the life of the bond. All of Celina's bonds are CIBs — the city has no capital appreciation bonds.
Bonds where interest accrues and is not paid until maturity. Often criticized because total repayment can be many multiples of the original principal. Celina currently has $0 in CABs outstanding.
Source: Texas Bond Review Board Data Center — FY 2025 (reported Aug 31, 2025)
⚠ This data is approximately 1 year old. The city's debt has grown since this was reported to the State.
All figures sourced from the FY 2025-26 Adopted Budget (p.108). Per capita based on budget-projected population of 67,232.
View Official FY 2026 Adopted Budget (PDF)Financial Risk Alert: TIRZ Exposure
Zone Density
14 Active Zones
Celina has 14 zones vs. Frisco (4), Prosper (3), and McKinney (2).
Revenue Locked
$559 Million
Projected tax revenue diverted from General Fund over 40 years.
Service Liability
$1.2 Billion
Cost to taxpayers for Public Safety in these zones (unfunded by TIRZ).
What is a TIRZ?
Revenue Freeze
Locks tax growth away from the General Fund.
Source: 2023 Comprehensive TIRZ Impact Study (Willdan Financial Services).Read the Study