Page 158 - Saginaw FY22 Adopted Annual Budget

CITY OF SAGINAW
GENERAL LONG TERM DEBT OUTSTANDING
2021-2022

Description Bonds FY 2021-2022 Bonds
Interest Rate Range Original Outstanding Payments Outstanding
Redemption Dates Issue 10/1/2021 Principal Interest 9/30/2022

2020 General Obligation Refunding Bonds $1,135,000 $ 1,030,000 $ 110,000 $ 11,433 $ 920,000
1.11%
September 1, 2020 to September 1, 2030

2013 General Obligation & Refunding Bonds $9,075,000 $ 5,620,000 $ 460,000 $ 216,581 $ 5,160,000
2.000% to 4.125%
September 1, 2013 to September 1, 2033

2014 General Obligation Refunding Bonds $2,130,000 685,000 225,000 13,632 $ 460,000
1.99%
March 1, 2014 to September 1, 2024

2015 General Obligation Bonds $8,000,000 5,760,000 350,000 160,300 $ 5,410,000
1.000% to 3.500%
March 1, 2016 to September 1, 2035

2016 General Obligation Refunding Bonds $5,910,000 2,655,000 440,000 44,870 $ 2,215,000
1.69%
March 1, 2016 to September 1, 2027

2017 General Obligation Bonds $7,830,000 6,645,000 330,000 199,350 $ 6,315,000
3.00%
March 1, 2018 to September 1, 2037

2019 Tax Note $2,000,000 1,160,000 225,000 14,665 $ 935,000
1.40%
March 1, 2020 to March 1, 2026

2019 General Obligation Refunding Bonds $1,880,000 1,060,000 420,000 17,278 $ 640,000
1.63%
March 1, 2020 to September 1, 2025

2020 Certificates of Obligation $17,345,000 17,310,000 100,000 640,700 $ 17,210,000
2.000% to 4.000%
March 1, 2021 to September 1, 2040

2021 General Obligation Bonds $8,435,000 8,435,000 500,000 258,917 $ 7,935,000
2.000% to 4.000%
March 1, 2022 to September 1, 2041

TOTALS $63,740,000 $50,360,000 $3,160,000 $1,577,725 $47,200,000

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