Page 166 - Saginaw FY20 Annual Budget
P. 166
CITY OF SAGINAW
SUMMARY OF WATER & WASTEWATER
DEBT SERVICE EXPENDITURES
2019-2020
BUDGET BUDGET
ACCOUNT DESCRIPTION 2018-2019 2019-2020
Bond Principal Payment $ 245,000 $ 250,000
Bond Interest Payment 35,005 29,637
Paying Agent Fees 2,250 2,250
TOTALS $ 282,255 $ 281,887
The outstanding bond balance (principal) at 9-30-20 will be $ 1,220,000
166
