Page 147 - Saginaw FY21 Annual Budget

CITY OF SAGINAW
GENERAL LONG TERM DEBT OUTSTANDING
2020-2021

Description Bonds FY 2020-2021 Bonds
Interest Rate Range Original Outstanding Payments Outstanding
Redemption Dates Issue 10/1/2020 Principal Interest 9/30/2021
2020 General Obligation Refunding Bonds $1,135,000 $ 1,135,000 $ 105,000 $ 12,599 $ 1,030,000
1.11%
September 1, 2020 to September 1, 2030

2013 General Obligation & Refunding Bonds $9,075,000 $ 6,070,000 $ 450,000 $ 230,081 $ 5,620,000
2.000% to 4.125%
September 1, 2013 to September 1, 2033

2014 General Obligation Refunding Bonds $2,130,000 905,000 220,000 18,010 $ 685,000
1.99%
March 1, 2014 to September 1, 2024
2015 General Obligation Bonds $8,000,000 6,105,000 345,000 167,200 $ 5,760,000
1.000% to 3.500%
March 1, 2016 to September 1, 2035

2016 General Obligation Refunding Bonds $5,910,000 3,085,000 430,000 52,137 $ 2,655,000
1.69%
March 1, 2016 to September 1, 2027

2017 General Obligation Bonds $7,830,000 6,965,000 320,000 208,950 $ 6,645,000
3.00%
March 1, 2018 to September 1, 2037
2019 Tax Note $2,000,000 1,570,000 410,000 19,110 $ 1,160,000
1.40%
March 1, 2020 to March 1, 2026

2019 General Obligation Refunding Bonds $1,880,000 1,470,000 410,000 23,961 $ 1,060,000
1.63%
March 1, 2020 to September 1, 2025

2020 Certificates of Obligation $17,345,000 17,345,000 35,000 670,272 $ 17,310,000
2.000% to 4.000%
March 1, 2021 to September 1, 2040

TOTALS $55,305,000 $44,650,000 $2,725,000 $1,402,319 $41,925,000

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