The City of Midland maintains numerous governmental funds, the largest being the General Fund. Other governmental funds include special revenue funds, such as the Local and Major Street funds, and the City’s Debt Service and Cemetery funds. Financial data for all of the City’s governmental funds are combined for the following:
The City of Midland currently has five bonded debt obligations and two capital lease contracts, each of which require annual principal and interest payments. Annual interest and principal requirement on each outstanding bond, as well as the annual payment requirements for each of these obligations, is provided in the Debt Service Requirement document link below. The remaining unpaid principal balances are reported on this page by the type of debt and on a per capita basis.
The Performance Dashboard provides financial and operational measures reflective of fiscal stability, economic strength, and quality of life. More indicators will be added on a regular basis, and all indicators will be updated each year. Click the link below to view.