Page 275 - Ord 866 Adopting a revised Fiscal Year 17-18 and new proposed Fiscal Year 18-19 budget

Fund Debt Service Fund

301

Property Tax Supported)

This section provides a summary of the annual

principal and interest payments for all

outstanding bonded debt that is funded

through property tax revenue.

The Town issues general obligation bonds and

certificates of obligation to provide for the

acquisition and construction of major capital

facilities and infrastructure.

261