2025 5 6 Budget Work Session Website 1

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FUND PROFILE
STAFFING PLAN
FY 2025-26 BUDGET PRIORITIES
GENERAL OBLIGATION BOND,
SERIES 2021 FUND
This Debt Service Fund is used to account for the financial resources used for the payment of principal and
interest on the debt of various city improvements including a new animal shelter, fire training facility, street
improvements related to the new school, public works facility, and city hall renovations.
Position Title FY 2023-24 FY 2025-26FY 2024-25
0
0
No Positions in this Fund
Total Positions
0
0
0
0
• Continue to fund the annual debt payment for various city improvement projects. For FY 2025-26, the
principal is $240,000 and interest is $140,500 for a total debt payment of $380,500.
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