Handbook for Minnesota Cities Chapter 23: Debt and Borrowing

This material contains general information; it should not be used as a substitute for legal advice. Any attorney general opinions cited in this material are available on request from the League’s Research and Information Service staff.

Find information on the legal aspects of debt and borrowing such as laws governing bonds, debt service funds, and the impact of federal law. Read also practical suggestions about the administration of capital financing programs and descriptions of how the process actually works.