# Debt Management
The District issues general obligation bonds to pay the costs of acquiring or developing capital projects and to refund outstanding indebtedness. The Office of Finance and Treasury's Debt Management Unit handles the issuance of these bonds.
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website: https://cfo.dc.gov/page/debt-management
budget: $1,196,591,559
budget_percent: 9.94%
budget_per_capita: $1,815.74
program_outcome: Access to Capital
program_category: Debt
service: Financing
twitter: https://twitter.com/DCGovWeb