The City of Euless utilizes a pay-as-you-go method of financing capital projects when deemed feasible and reasonable. When debt is issued, the life of the bonds will not exceed the useful life of the project financed. When appropriate, self-supporting revenues will be used to pay debt service in lieu of tax revenue.

The schedule below reflects the indebtedness of the City of Euless as of the close of the last fiscal year.

• Summary of Debt Obligations as of September 30, 2024
• Debt Obligation Details as of September 30, 2024