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Model Municipal Debt Policy

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Reviewed Date: June 24, 2011

Original Author: 
Date Created: 
Oct 31, 2011

Finance--Debt obligation
Municipal government--Finance

Model Municipal Debt Policy

The purpose of this debt policy is to establish a set of parameters by which debt obligations will be undertaken by the City. (NOTE: Bold language or similar statements are required by the State of TN Comptroller's Office. Italicized language is recommended along with other components in GFOA's Model Debt Policy.)


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MTAS letters and publications were written based upon the law at the time and/or a specific sets of facts. The laws referenced in the letters and publications may have changed and/or the technical advice provided may not be applicable to your city or circumstances. Always consult with your city attorney or an MTAS consultant before taking any action based on information contained in this database.