Bellingham School District #501 · Fund #300 · Debt Service
Bellingham SD #501 Bond Debt Service Fund
Bellingham School District #501 Bond Debt Service Fund accounts for the principal and interest payments on the District's outstanding general-obligation bonds. Funded by a voter-approved excess property-tax levy under ...
ActiveDebt ServiceBellingham School District #501
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About this fund
Bellingham School District #501 Bond Debt Service Fund accounts for the principal and interest payments on the District's outstanding general-obligation bonds. Funded by a voter-approved excess property-tax levy under WA Constitution Art. VIII §6 and RCW 28A.530.
Bond ballot measures require 60% supermajority approval and a minimum 40% turnout (the "validation requirement").
Authorization
The legal basis for the fund.
RCW citation: RCW 28A.530; WA Constitution Art. VIII §6
Multi-year balance ledger
Year-by-year revenue, spending, and ending balance from the city's budget and CAFRs.
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Outstanding debt
Active bond and loan obligations managed by the Whatcom County Treasurer for this jurisdiction. Source: quarterly Treasurer Debt Portfolio (auto-refreshed when published).
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Where the money goes
Top spending categories from documented budget line items.
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Where the money went
Actual outflows from the City's vendor-payment ledger — every payment with recipient, project, and line description, presented unfiltered. Categorical "Where the money goes" shows the budgeted intent; this section shows the real disbursements.
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Revenue mix
Every documented inflow into this fund. By default the mix uses each source's most recent year (which means percentages mix years). Pick a single year to see strictly comparable percentages.
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Discussed in meetings
Real Briefings that mention this fund.
No briefings tagged with this fund yet. As briefings get tagged with fund references, related meetings will appear here.
Methodology note
Real Record tracks BSD #501 bond debt service separately from operating and capital funds. Bond rate adjusts annually based on outstanding principal and assessed-value totals.