28 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
2022 Adopted Budget
Debt Service - Levy
Purpose
Bonded Debt Levy:
2005 Street Improvement Bonds
1,073,769.38
2006 Street Improvement Bonds
1,220,632.00
2007 Street Improvement Bonds
789,593.45
2008 Street Improvement Bonds
166,805.63
2009 Street Improvement Bonds
550,357.50
2012 Street Improvement Bonds
18,464.38
2013 Street Improvement Bonds
(18,029.03)
2014 Street Improvement Bonds
139,286.27
2015 Street Improvement Bonds
33,340.78
2016 Street Improvement Bonds
69,118.76
2017 Street Improvement Bonds
139,635.17
2018 Street Improvement Bonds
177,864.55
2019 Street Improvement Bonds
17,212.30
2021 Street Improvement Bonds
39,236.68
2016 Brookview Community Center Lease
1,218,300.00
Total Bonded Debt Levy
Amount
5,635,588