Page 187 - CityofSaginawFY25Budget

CITY OF SAGINAW
GENERAL LONG TERM DEBT OUTSTANDING
2024-2025

Description Bonds FY 2024-2025 Bonds
Interest Rate Range Original Outstanding Payments Outstanding
Redemption Dates Issue 10/1/2024 Principal Interest 9/30/2025
2020 General Obligation Refunding Bonds $1,135,000 $ 705,000 $ 115,000 $ 7,826 $ 590,000
1.11%
September 1, 2020 to September 1, 2030

2013 General Obligation & Refunding Bonds $9,075,000 $ 4,190,000 $ 395,000 $ 171,206 $ 3,795,000
2.000% to 4.125%
September 1, 2013 to September 1, 2033

2015 General Obligation Bonds $8,000,000 4,690,000 370,000 138,900 $ 4,320,000
1.000% to 3.500%
March 1, 2016 to September 1, 2035
2016 General Obligation Refunding Bonds $5,910,000 1,315,000 465,000 22,224 $ 850,000
1.69%
March 1, 2016 to September 1, 2027

2017 General Obligation Bonds $7,830,000 5,625,000 360,000 168,750 $ 5,265,000
3.00%
March 1, 2018 to September 1, 2037

2019 Tax Note $2,000,000 475,000 235,000 5,005 $ 240,000
1.40%
March 1, 2020 to March 1, 2026
2019 General Obligation Refunding Bonds $1,880,000 110,000 110,000 1,793 $ -
1.63%
March 1, 2020 to September 1, 2025

2020 Certificates of Obligation $17,345,000 16,685,000 800,000 626,200 $ 15,885,000
2.000% to 4.000%
March 1, 2021 to September 1, 2040

2021 General Obligation Bonds $8,435,000 7,315,000 330,000 194,200 $ 6,985,000
2.000% to 4.000%
March 1, 2022 to September 1, 2041

2022 General Obligation Bonds $22,260,000 21,445,000 400,000 1,022,500 $ 21,045,000
4.000% to 5.000%
March 1, 2023 to September 1, 2042
2023 General Obligation Bonds $15,590,000 15,490,000 300,000 738,300 $ 15,190,000
4.000% to 5.000%
March 1, 2024 to September 1, 2043
TOTALS $99,460,000 $78,045,000 $3,880,000 $ 3,096,903 $74,165,000

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