37 - Debt Service FundsDEBT SERVICE FUNDS
Debt Service Funds are Governmental fund types used to account for
the accumulation of resources for, and the payment of, general long-
term debt principal and interest.
The City of Golden Valley is rated with Moody's Investor Services.
The bond rating is rated Aa1.
General Obligation Special Assessment Bonds
General Obligation Certificates of Indebtedness
General Obligation Tax Abatement Bonds
General Obligation Street Reconstruction Bonds
Other Bonds:
General Obligation State Aid Revenue Bonds
Storm Sewer Revenue Bonds (TIF reimbursed)
Lease Revenue Bonds
City of Golden Valley
2023 Adopted Budget
Debt Service - Levy
Purpose
Bonded
Debt Levy:
2005
Street Improvement Bonds
1,074,609.38
2006
Street Improvement Bonds
641,025.00
2007
Street Improvement Bonds
767,543.45
2008
Street Improvement Bonds
1,032,320.63
2009
Street Improvement Bonds
552,720.00
2012
Street Improvement Bonds
65,100.00
2013
Street Improvement Bonds
(16,614.97)
2014
Street Improvement Bonds
142,670.89
2015
Street Improvement Bonds
33,369.30
2016
Street Improvement Bonds
68,739.20
2017
Street Improvement Bonds
137,708.49
2018
Street Improvement Bonds
175,248.73
2019
Street Improvement Bonds
18,288.82
2021
Street Improvement Bonds
43,729.51
2022
Street Improvement Bonds
124,269.32
2016
Brookview Community Center Lease
1,218,300.00
Amount
Total Bonded Debt Levy 6,079,028