In governmental accounting, fund used to account for the accumulation of resources for, and the payment of, general long-term debt principal and interest except that payable from proprietary, fiduciary, or special assessment funds.
| Accounting Dictionary: Debt Service Fund |
In governmental accounting, fund used to account for the accumulation of resources for, and the payment of, general long-term debt principal and interest except that payable from proprietary, fiduciary, or special assessment funds.
| 5min Related Video: Debt Service Fund |
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