Page 145 - Saginaw FY19 Annual Budget
P. 145

DEBT SERVICE FUND




































                                          City of Saginaw














                   The  Debt  Service  Fund,  also  known  as  the  Interest  and

                   Sinking  Fund,  is  used  to  account  for  the  accumulation  of
                   resources for, and the payment of, general obligation long-
                   term debt principal and interest.





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