39 - 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
2021 Adopted Budget
Debt Service - Lew
Purpose
Bonded Debt Levy:
2005 Street Improvement Bonds
1,077,864.38
2006 Street Improvement Bonds
1,222,305.00
2007 Street Improvement Bonds
273,098.45
2008 Street Improvement Bonds
467,420.63
2009 Street Improvement Bonds
542,115.00
2010 Street Improvement Bonds
192,690.75
2011 Street Improvement Bonds
112,290.25
2012 Street Improvement Bonds
16,418.98
2013 Street Improvement Bonds
60,291.31
2014 Street Improvement Bonds
139,702.65
2015 Street Improvement Bonds
60,349.74
2016 Street Improvement Bonds
64,143.30
2017 Street Improvement Bonds
141,561.87
2018 Street Improvement Bonds
175,072.85
2019 Street Improvement Bonds
16,135.78
2016 Brookview Community Center Lease
1,218,300.00
Total Bonded Debt Levy
Amount
5,779,761