Page 155 - Saginaw FY22 Adopted Annual Budget
P. 155

CITY OF SAGINAW
                                               FUND DESCRIPTION

                                                       2021-2022


         DEBT SERVICE FUND




                                              DEBT PAYMENTS


           $5,000,000                                                                          $4,737,725
           $4,500,000
                                                                                      $4,127,320
           $4,000,000                                         $3,567,705      $3,756,720
                                              $3,394,183   $3,431,183   $3,381,610
           $3,500,000         $3,125,471
           $3,000,000                 $2,881,779
                      $2,379,214
           $2,500,000
           $2,000,000
           $1,500,000
           $1,000,000
            $500,000
                 $0
                       12-13   13-14   14-15   15-16   16-17   17-18   18-19   19-20    20-21   21-22



                   COMPARISON OF 2020-2021 GENERAL OBLIGATION BOND INDEBTEDNESS



                 CITY              Population         Net Taxable Value    GO Indebtedness     Bond Debt Per Capita

         Belton                       22,885        $            1,431,908,000  $                   8,340,000  $364
         Saginaw                      23,090        $            2,054,763,191  $                 26,955,000  $1,167
         Corsicana                    23,989        $            1,777,692,646  $                 30,065,000  $1,253
         Watauga                      24,629        $            1,597,254,264  $                 20,065,000  $815
         Prosper                      25,630        $            4,601,196,301  $                 30,788,900  $1,201
         Forney                       27,236        $            2,203,782,929  $                 29,720,000  $1,091
         Midlothian                   33,532        $            4,133,104,050  $                 76,966,729  $2,295

         The comparison is of other north Texas cities by population. Information was obtained from the 2021 TML
         Taxation and Debt Survey.

























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