Page 149 - Saginaw FY20 Annual Budget
P. 149

CITY OF SAGINAW

                                               FUND DESCRIPTION
                                                       2019-2020



         DEBT SERVICE FUND




                                               DEBT PAYMENTS


           $4,500,000
           $4,000,000  $3,500,603                                             $3,567,705       $3,838,795
           $3,500,000                         $3,125,471      $3,394,183   $3,431,183   $3,381,610
           $3,000,000                                 $2,881,779
                              $2,446,587   $2,379,214
           $2,500,000
           $2,000,000
           $1,500,000
           $1,000,000
            $500,000
                 $0
                       10-11   11-12   12-13   13-14   14-15   15-16   16-17   17-18   18-19    19-20



                  COMPARISON OF 2018-2019 GENERAL OBLIGATION BOND INDEBTEDNESS



                 CITY               Population        Net Taxable Value     GO Indebtedness    Bond Debt Per Capita

         White Settlement             17,828        $               825,281,890  $                 11,080,000  $621

         Corinth                      21,152        $            2,159,281,283  $                 13,465,000  $637

         Prosper                      22,650        $            3,939,530,644  $                   36,985,000  $1,633
         Saginaw                      23,014        $            1,843,931,670  $                 30,380,000  $1,320

         Sachse                       25,937        $            2,366,146,541  $                   42,800,000  $1,650

         Weatherford                  30,654        $            2,600,396,894  $                 39,535,000  $1,290
         Southlake                    31,824        $            7,593,368,970  $                   30,112,186  $946

         The comparison is of other north Texas cities by population. Information was obtained from the 2019 TML
         Taxation and Debt Survey.

























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