Issue Date: | 1994-10-14 |
---|---|
Revised Date: |
Object Type
Cash — Debt Service
Reference
Description
To retire existing debt before its maturity and replace it with a new debt. Payments are made from the new bond proceeds and are reported in "Other Financing Sources (Uses)" as "Payment For Refunding."
Expenditure code 7810 includes, but is NOT limited to:
- Defeasance of State Bonds -- Refunded
Note
USAS Values
Appropriation Year | 25 |
---|---|
USAS Title | DEFEASANCE OF STATE BONDS-REFUNDED |
Object Group | 03 – Bond Payments |
USAS Status | A |
Rev/Exp Category | 10 – PAYMENT ON PRINCIPAL-DEBT SERVICE |