During fiscal year 2018, The County borrowed $1,430,000 of General Obligation Bonds for the purpose of paying the cost, to that extent, of undertaking an urban renewal project in the Greater Downtown Urban Renewal Area of which consists of exterior renovations and roofing repairs to the Dubuque County courthouse. The interest rates on the bonds range from 2.00% to 2.60% with a maturity date of June 1, 2023.

During fiscal year 2019, the County borrowed $11,830,000 of General Obligation Bonds for the urban renewal project in the City of Dubuque's Dubuque Industrial Center Economic Development District consisting of constructing a new County building including administrative office space and a maintenance and storage shop. The interest rates on the bonds range from 3.00% to 5.00%, with a maturity date of June 1, 2033.

A summary of the County's June 30, 2022, indebtedness is as follows:

Years EndingGeneral Obligation BondsGeneral Obligation Landfill Bonds
June 30,PrincipalInterestPrincipalInterest
2023$ 1,605,000$ 542,711$ 450,000$ 210,459
20241,355,000482,581465,000198,609
20251,405,000428,031475,000186,065
20261,460,000378,181490,000172,965
20271,515,000326,031505,000158,865
2028-20328,235,000952,8812,770,000563,547
2033-20361,790,00050,6251,905,000135,595
Total$ 17,365,000$ 3,161,041$ 7,060,000$ 1,626,105
Rural Economic
Development LoanTotal
Years EndingPrincipalInterestPrincipalInterest
June 30,PrincipalInterestPrincipalInterest
2023$ 41,205$ 1,245$ 2,096,205$ 754,415
202441,6178331,861,617682,023
202541,6705141,921,670614,610
2026--1,950,000551,146
2027--2,020,000484,896
2028-2032--11,005,0001,516,428
2033-2036--3,695,000186,220
Total$ 124,492$ 2,592$ 24,549,492$ 4,789,738