Page 118 - Manfield FY21 Budget
P. 118
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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