Debt Service · Issuance/Fiscal Charges
7021-7029 Debt Issuance Costs – Local Detail
Reserved range for local detail codesSince 2026.03
- What it is
- Reserved local-detail block for Debt issuance costs include debt-related costs and fiscal charges as defined by policy (e.g., issuance expenses, fiscal agent fees) when classified here.
- Accounting standard
- Use for additional
- Accounting note
- Coordinate with auditors for classification; maintain invoices and bond closing documentation.
- Examples
- Bond counsel fees (if expensed); trustee set-up fees; issuance administrative costs.
- Do not use for
- Routine bank fees (5260) unless debt-specific; principal/interest.
Where it reports on the Cities FTR
| Fund type | FTR line |
|---|---|
| Governmental funds | By functionForm 28 R04 Other Debt Service PaymentsCURR_EXP_OTHER_DEBT_SERV Current expenditures column. |
| By major objectForm 29 R12 Other Debt Service PaymentsOTHR_DEBT_SERV | |
| 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 R62 Other Nonoperating ExpensesOTHR_NONOP_EXP |
| Internal service funds | Form 03 R19 Other Nonoperating ExpensesOTHR_NONOP_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.