Page 144 - Saginaw FY21 Annual Budget
P. 144

CITY OF SAGINAW
                                               FUND DESCRIPTION

                                                       2020-2021


         DEBT SERVICE FUND




                                               DEBT PAYMENTS


           $4,500,000                                                                          $4,127,320
           $4,000,000                                                                 $3,868,795
                                                      $3,394,183   $3,431,183   $3,567,705   $3,381,610
           $3,500,000                 $3,125,471
                                              $2,881,779
           $3,000,000
                      $2,446,587   $2,379,214
           $2,500,000
           $2,000,000
           $1,500,000
           $1,000,000
            $500,000
                 $0
                       11-12   12-13   13-14   14-15   15-16   16-17   17-18   18-19   19-20    20-21



                  COMPARISON OF 2019-2020 GENERAL OBLIGATION BOND INDEBTEDNESS



                 CITY               Population        Net Taxable Value     GO Indebtedness    Bond Debt Per Capita

         Belton                       22,222        $            1,266,833,635  $                    4,845,000  $218
         Saginaw                      22,380        $            2,046,012,112  $                   27,855,000  $1,245
         Forney                       23,727        $            1,935,983,668  $                 33,335,000  $1,405

         Corsicana                    23,989        $            1,602,093,299  $                 35,398,836  $1,476

         Watauga                      24,629        $            1,534,755,654  $                    7,905,000  $321
         Prosper                      25,630        $            4,209,067,499  $                   32,815,500  $1,280
         Weatherford                  31,836        $            2,446,243,189  $                   39,545,000  $1,242

         The comparison is of other north Texas cities by population. Information was obtained from the 2020 TML
         Taxation and Debt Survey.

























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