Page 118 - City of Fort Worth Budget Book

Debt Service Funds Water Sub Lien Debt Service

FUND SUMMARY

FY2022 FY2023 FY2023 FY2024 Chg from PY Adopted

Final Adopted Adjusted Rec. Amount %
Revenues
Use of Money & Property $ 13,976 $ — $ — $ — $ — 0.0 %
Transfer In — — — — — 0.0 %
Total Revenues 13,976 — — — — 0.0 %

Expenses
Debt Service Accts — — — — — 0.0 %
Transfer Out & Other — — — — — 0.0 %
Total Expenses $ — $ — $ — $ — $ — 0.0 %
Grand Total $ 13,976 $ — $ — $ — $ — 0.0 %

FUND PURPOSE AND GOALS

In addition to the outstanding general obligation debt, the Water & Sewer Prior Lien Debt Service Fund includes
state revolving loan debt used to fund projects which update, upgrade, or improve the city’s current water & sewer
system. It also includes long-range development and planning of the systems. This debt works in conjunction with
the city’s other water & sewer debt in that issues are subordinate liens to the primary water & sewer system debt.

All debt obligations were relieved in FY2020 and no outstanding obligations remain for FY2024.

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