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DEBT SERVICE FUNDS <br />Debt Service Funds are used to account for the accumulation of resources for, and the payment <br />of, interest, principal and related costs on general long-term debt. The City's Debt Service Funds <br />account for four types of bonded indebtedness: <br />General Debt Bonds — are repaid primarily from property taxes. <br />Improvement Bonds and Notes — are repaid primarily from special assessments. <br />Public Facility Lease Revenue Bonds — are repaid primarily from lease revenues received <br />from the EDA leasing the buildings to the City of Lino Lakes and other tenants. <br />Revenue Bonds — these bonds were issued to finance various improvements and will be <br />repaid primarily from pledged revenues derived from the constructed assets. <br />Capital Note — this note was issued to finance cable communications equipment and will <br />be repaid from revenues derived from franchise fees. <br />113 <br />