Total Owed	Final Payment
Voter-approved bonds	$65.4M	2048
Revenue-backed COs	$276.4M	2045
Improvement & refunding bonds	$86.9M	2044
Refunding bonds	$514.9M	2050
Total	$943.6M	—

Voter-approved bonds: Debt approved directly by Midland voters and issued to fund capital projects.

Revenue-backed COs: Certificates of obligation approved by the City Council and intended to be repaid primarily through specific city revenues rather than voter-authorized property-tax bonds.

Improvement & refunding bonds: Debt that both funded projects and refinanced existing obligations.

Refunding bonds: Debt issued to refinance or restructure older bonds.