38- 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 Aal.
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
2024 Adopted Budget
Total Debt Service Levy
Purpose
Bonded Debt Levy:
2012C(2005C) Street Improvement Bonds
1,078,993.13
2013B(2006B) Street Improvement Bonds
350,805.00
2014C(2007C)Street Improvement Bonds
750,533.45
2015C(2008A) Street Improvement Bonds
1,308,260.63
2017A(2009A) Street Improvement Bonds
554,610.00
2012A Street Improvement Bonds
63,918.75
2013A Street Improvement Bonds
22,109.07
2014A Street Improvement Bonds
140,648.01
2015A Street Improvement Bonds
33,397.84
2016A Street Improvement Bonds
68,359.66
2017A Street Improvement Bonds
141,031.81
2018A Street Improvement Bonds
177,882.93
2019A Street Improvement Bonds
19,365.36
2021A Street Improvement Bonds
50,156.79
2022A Street Improvement Bonds
127,473.20
2023A Street Improvement Bonds
241,759.80
2016 Brookview Community Center Lease
1,214,600.00
Amount
Total Bonded Debt Levy 6,343,905