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General Debt Service Fund

The General Debt Service Fund accumulates financial resources to pay interest and principal on all general obligation debt of the City. Currently, the City has the following obligations reported in this fund: Redevelopment Non-Ad Valorem Revenue Note, Series 2016; BB&T Revenue Note – Fire Truck; Non-Ad Valorem Revenue Note, Series 2020A; Non-Ad Valorem Revenue Note, Series 2020B. Currently, the largest revenue source for the General Debt Service Fund is the Community Redevelopment Fund, which transfers a portion of Tax Increment Funds (TIF) to cover debt service requirements.

$3,967,760
FY25 approved
3.8%
share of citywide spend
1
department · divisions
14
approved line items

Where it goes

Departments and divisions in General Debt Service Fund

One spending unit pulls from this fund. Expand for the line items.

  • General Debt Service201201
    $3.97M
    100.0% of fund

    By category

    • Other$3.97M100%

    Line items (8)

    • 47138Principal - 2016 Note$744K
    • 47140Principal - 2020 Fire Truck$55K
    • 47144Principal - 2020B Note$1.10M
    • 47145Principal - 2022 Note$1.72M
    • 47238Interest - 2016 Note$143K
    • 47242Interest - 2020 Fire Truck$16K
    • 47244Interest - 2020B Note$105K
    • 47245Interest - 2022 Note$89K

The arc

General Debt Service Fund across the decade

Up 3% from FY23-24. Newest first; tap any year to switch.

Source: City of New Port Richey adopted budget for FY25. Approved line items only; figures may differ slightly from printed totals where sub-project nesting in the source PDF prevented full extraction. See methodology for details.