Page 121 - Mansfieldr FY20 Approved Budget
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DEBT SERVICE FUND
The General Obligation Debt Service Fund is used to account for payment of principal and
interest on the City of Mansfield’s general obligation bonds and capital lease payments.
Revenue Debt Service Funds are used to account for Revenue Bonds whose principal and
interest are payable from earnings of the City of Mansfield’s Enterprise Funds.
Special Revenue Debt Service Funds are used to account for Sales Tax Revenue Bonds whose
principal and interest are payable from a special ½ ¢ sales tax.
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