Page 43 - HaltomCityFY26Budget
P. 43

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.








                 • Debt Service Fund Description


                 • Debt Service Fund Budget Summary


                 • Debt Service Fund Details
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