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A city's Debt Service Funds have which of these fund balance classifications (mark all that apply): Unassigned fund balance Assigned fund balance Restricted fund balance

A city's Debt Service Funds have which of these fund balance classifications (mark all that apply):

Unassigned fund balance

Assigned fund balance

Restricted fund balance

Nonspendable fund balance

Committed fund balace

Which statement best describes the amount of Council and Public Election General Obligation Debt sold and retired during the year.

The city retired more general obligation bonds than it issued.

The city issued general obligation bonds but did not retire any.

The city issued more general obligation bonds than it retired.

The city retired general obligation bonds but did not issue any.

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