Page 268 - Saginaw FY22 Adopted Annual Budget

CITY OF SAGINAW, TEXAS

FINANCIAL MANAGEMENT POLICIES

G. Debt Management Analysis
In addition to considering impact on utility service rates, total debt limits and
general obligation annual debt service limits, the City will analyze the following
factors when considering additional issuance of debt:
1. Capital improvement planning to determine funding levels needed
2. Cost of debt in relation to resources

3. Multi-year planning impact
4. Debt service forecasts
5. Length of debt maturities
6. Debt payment structure
7. Overlapping debt impact
8. Future debt issuance impact
9. Other capital funding sources

10. Pay- as- you- go financing
11. Structure of issuance— variable or fixed rate, term
12. Influence on credit rating

10

262