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General Obligation Bonds Overview
Norfolk’s general obligation bonds are secured by the full faith and credit of the City.
A portion of Norfolk’s general obligation bonds are paid by self-supporting enterprise funds. The table below summarizes Norfolk’s self-supporting debt that was outstanding as of June 30, 2026.
Self-Supporting G.O. Debt Outstanding as of June 30, 2026
| Total Outstanding Par | |
|---|---|
| Parking | 105,543,427 |
| Wastewater | 58,503,219 |
| Storm Water | 54,865,722 |
| Water | 10,526,530 |
| Self-Supporting | 229,438,897 |
| Total G.O. Bonds Outstanding | 1,209,549,932 |
| G.O. Debt Paid from dedicated fees & revenues | 19% |
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