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<br />. <br /> <br />. <br /> <br /> <br />Debt Service Funds <br /> <br />City of Arden Hills <br />March 24, 2005 <br />Page Nine <br /> <br /> <br />Debt service fimds are used to account for the payment of long-term debt priucipal and i <br />not report the outstanding debt as a liability of the fund except for debt paid from ent <br />summary of the assets accumulated in each debt service fund and the related long-t <br /> <br />Debt Description <br />G.O. Tax Increment Bonds <br />Tax Increment Bonds of 1998A <br /> <br />Special Revenue Funds <br /> <br />Total <br />Cash <br /> <br />Final <br />Maturity <br />Date <br /> <br />A comparative summary of year end fund balanc <br /> <br /> <br />,---- <br />i.2004 <br />,.2003 <br /> <br />5(14,870) <br />54,]82 <br /> <br />952.835.9090 . Fax 952.83.'i.3261 <br /> <br />....c-ww.aemcpas_com <br /> <br />$. <br />-------- <br />5(13,752) <br /> <br />$23] ,048 <br />$553,081 <br /> <br />$275,653 $147,532 $248,425 <br />-----~.-._...- -..-- <br />$267,488 $258,722 _L__S228,684 <br /> <br />$(454,660) <br />$(685,73]) I <br />