Debt Service · Interest
7010 Debt Service – Interest
Since 2026.03
- What it is
- Debt service – interest includes interest payments/expense on outstanding debt or financing obligations.
- Accounting note
- Tie to trustee statements; accrue interest where required for accrual statements.
- Examples
- Bond interest payment; loan interest.
- Do not use for
- Principal (7000).
Where it reports on the Cities FTR
| Fund type | FTR line |
|---|---|
| Governmental funds | By functionForm 28 R02 Interest Payments on Long Term DebtCURR_EXP_INTEREST_LT_DEBT Current expenditures column. |
| By major objectForm 29 R10 Interest Payments on Long Term DebtINTEREST_PAYMT | |
| Government-wide ledger (980) | Not reported. Government-wide revenues and expenses are not reported; the FTR uses fund-basis activity. |
| Enterprise funds (water example) | Form 12 R60 Interest ExpenseINT_EXP |
| Internal service funds | Form 03 R17 Interest ExpenseINT_EXP |
| Fiduciary funds (pension trust example) | Form 30.5 R24 Other DeductionsPEN_DEDUCT_OTHR Column for the trust or custodial fund type. |
Enterprise placement is shown for a water fund; other enterprise funds use the same line on their own form. Check any combination in the FTR finder.