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05-28-2025 Council Packet
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05-28-2025 Council Packet
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<br /> <br />NONMAJOR COMBINING DEBT SERVICE FUNDS <br /> <br />Debt service funds are used to account for the accumulation of resources used for the payment of principal, interest, and <br />fiscal charges on various City bond issues. <br /> <br />Nonmajor debt service funds presently established are as follows: <br /> <br />Canabury Condos Notes – Used to account for amounts received and related debt service expenditures of the Canabury <br />Condos Notes. <br /> <br />Canabury Square Condos HIA – Used to account for the debt service associated with housing improvement area project <br />costs for the Canabury Square condominiums. <br /> <br />G.O. Bonds 2014A – Used to account for amounts received and related debt service expenditures of the 2014A G.O. <br />Bonds. <br /> <br />G.O. Refunding Bonds 2015A – Used to account for amounts received and related debt service expenditures of the <br />2015A G.O. Refunding Bonds. <br /> <br />105
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