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Which of the following transactions would not be reported as expenditures in a Debt Service...

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Accounting

Which of the following transactions would not be reported as expenditures in a Debt Service Fund?

  1. Issuance costs incurred in a refunding bond issuance.
  2. Payments to escrow agents with resources transferred from the General Fund.
  3. Arbitrage rebate.
  4. Repayment of BANs issued to finance a capital project.

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