Debt Service Funds DEBT 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
2020 Adopted Budget
Debt Service-Levy
Purpose Amount
Bonded Debt Levy:
2005 Street Improvement Bonds 1,086,999.38
2006 Street Improvement Bonds 484,575.00
2007 Street Improvement Bonds 281,708.45
2008 Street Improvement Bonds 468,680.63
2009 Street Improvement Bonds 538,650.00
2010 Street Improvement Bonds 27,146.60
2011 Street Improvement Bonds 113,191.75
2012 Street Improvement Bonds 164,313.56
2013 Street Improvement Bonds 128,964.75
2014 Street Improvement Bonds 134,774.51
2015 Street Improvement Bonds 385,558.72
2016 Street Improvement Bonds 64,417.86
2017 Street Improvement Bonds 138,081.05
2018 Street Improvement Bonds 177,531.15
2019 Street Improvement Bonds 11,000.36
2016 Brookview Community Center Lease 1,218,300.00
Total Bonded Debt Levy 5,423,894