Other Financing Sources/Uses · Proceeds of Debt
8022-8029 Proceeds of Debt – Local Detail
Reserved range for local detail codesSince 2026.10
- What it is
- Reserved local-detail block for Proceeds of debt represent inflows from issuing long-term debt or similar financing instruments.
- Accounting standard
- Use for additional Debt proceeds are classified as other financing sources in governmental fund statements; liabilities are recorded in government-wide/proprietary statements.
- Accounting note
- Tie to bond/loan closing statements and trustee deposits. Post debt-related liability balances in 2200/2210 where applicable for accrual statements.
- Reporting note
- Use for new money proceeds and similar financing inflows.
- Examples
- Bond proceeds deposited to project fund; loan draw proceeds.
- Do not use for
- Transfers (8000/8010) and interest earnings (3400).
Where it reports on the Cities FTR
| Fund type | FTR line |
|---|---|
| Governmental funds | Form 30 R02 Long Term Debt-Bonds COP and Other Agency DebtLT_DEBT_PROCEEDS |
| Government-wide ledger (980) | Not reported. Government-wide revenues and expenses are not reported; the FTR uses fund-basis activity. |
| Enterprise funds (water example) | Not reported. Debt proceeds and asset sale proceeds are balance sheet items in proprietary funds; report gains or losses instead. |
| Internal service funds | Not reported. Debt proceeds and asset sale proceeds are balance sheet items in proprietary funds; report gains or losses instead. |
| Fiduciary funds (pension trust example) | Not reported. Other financing sources are not used in fiduciary funds; review. |
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.