{"data":{"id":"us-dc/d.c.-code-1-204.83","jurisdiction":"us-dc","citation":"D.C. Code § 1-204.83","heading":"Payment of the general obligation bonds and notes.","body":"(a)\nThe Council shall provide in each annual budget for the District of Columbia government for a fiscal year adopted by the Council pursuant to § 1-204.46 sufficient funds to pay the principal of and interest on all general obligation bonds or notes issued under § 1-204.61(a), § 1-204.71(a), or § 1-204.72(a) becoming due and payable during such fiscal year.\n\n(b)\nThe Mayor shall insure that the principal of and interest on all general obligation bonds and notes issued under § 1-204.61(a), § 1-204.71(a), or § 1-204.72(a) are paid when due, including by paying such principal and interest from funds not otherwise legally committed.\n\n(c)\nRepealed.\n\n(d)\nSection 1-204.46(c) shall not apply to:\n(1)\nAny amount set aside in a debt service fund under § 1-204.81(a);\n(2)\nAny amount obligated or expended for the payment of the principal of, interest on, or redemption premium for any general obligation bond or note issued under § 1-204.61(a), § 1-204.71(a), or § 1-204.72(a);\n(3)\nAny amount obligated or expended as provided by the Council in any annual budget for the District of Columbia government pursuant to subsection (a) of this section or as provided by any amendment or supplement to such budget; or\n(4)\nAny amount obligated or expended by the Mayor pursuant to subsection (b) or (c) [(c) repealed] of this section.","path":["Title 1. Government Organization.","Chapter 2. District of Columbia Home Rule.","Subchapter IV. The District Charter.","Part E. Borrowing.","Subpart 3. Payment of Bonds and Notes."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/1-204.83","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"9617f0909767563901aec751b566e51a455939f467c3cc52a29e0b5c12b33cae","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-1-204.82","next":"us-dc/d.c.-code-1-204.84"},"notice":"GroundRules: Original legal text. Not legal advice."}