Page 82 - Haltom City FY20 Approved Budget
P. 82
Debt Service Fund
The Debt Service Fund is used for the accumulation of
resources for the payment of principal and interest on
long-term debts. Financing is provided primarily by a
specific annual property tax levy and transfers from
other resources for general obligation debts.
Debt Service for Water & Sewer and Drainage are paid
from the respective individual fund directly.
