Page 184 - CityofSaginawFY25Budget
P. 184

CITY OF SAGINAW
                                               FUND DESCRIPTION

                                                       2024-2025


                                                  DEBT SERVICE FUND


                                                   DEBT PAYMENTS



            $8,000,000
                                                                                               $7,086,291  $6,976,905
            $7,000,000                                                                $6,235,005
            $6,000,000
            $5,000,000                                              $4,116,033   $4,696,376
            $4,000,000  $3,394,183  $3,431,183   $3,567,705   $3,381,610   $3,756,720
            $3,000,000
            $2,000,000
            $1,000,000
                   $-
                        15-16    16-17    17-18     18-19    19-20    20-21    21-22    22-23    23-24    24-25


                   COMPARISON OF 2022-2023 GENERAL OBLIGATION BOND INDEBTEDNESS



                 CITY              Population         Net Taxable Value    GO Indebtedness     Bond Debt Per Capita

         Taylor                       17,921        $            1,977,444,755  $                 40,065,000  $2,236
         Saginaw                      24,860        $            2,546,818,319  $                 52,105,000  $2,096
         Cleburne                     31,999        $            2,785,935,576  $                 39,375,000  $1,231
         Denison                      25,792        $            2,591,719,375  $                   6,480,000  $251
         Anna                         20,243        $            2,439,508,121  $                 70,078,000  $3,462
         Wataugua                     24,629        $            1,898,387,378  $                 24,385,000  $990
         Midlothian                   37,053        $            5,449,357,967  $                 59,579,759  $1,608

         The comparison is of other north Texas cities by population. Information was obtained from the 2023 TML
         Taxation and Debt Survey.


























                                                                                                          177
   179   180   181   182   183   184   185   186   187   188   189