Page 121 - Mansfieldr FY20 Approved Budget
P. 121

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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