2012-2013 Budget - City of Saginaw MI

SCHEDULE OF BOND MATURITIES SCHEDULE – (As of 07/31/12)Share ofCounty SaginawGeneral Issued MidlandObligations Revenues Bonds Water AuthorityYear Bonds Bonds Drain Bonds Total2012 3,160,000 725,000 837,540 1,174,091 5,171,6312013 4,580,000 735,000 136,620 1,176,757 6,628,3772014 4,710,000 795,000 139,590 1,211,525 6,856,1152015 2,130,000 800,000 142,560 1,246,293 4,318,8532016 2,180,000 910,000 145,530 1,286,410 4,521,9402017 2,225,000 925,000 0 213,953 3,363,9532018 2,180,000 940,000 0 213,953 3,333,9532019 2,225,000 1,055,000 0 213,953 3,493,9532020 1,770,000 1,070,000 0 211,279 3,051,2792021 735,000 1,090,000 0 0 1,825,0002022 745,000 1,210,000 0 0 1,955,0002023 660,000 1,230,000 0 0 1,890,0002024 665,000 1,255,000 0 0 1,920,0002025 680,000 1,385,000 0 0 2,065,0002026 695,000 1,410,000 0 0 2,105,0002027 500,000 1,540,000 0 0 2,040,0002028 125,000 1,570,000 0 0 1,695,0002029 125,000 705,000 0 0 830,0002030 130,000 740,000 0 0 870,0002031 0 780,000 0 0 780,000Total $ 30,220,000 $ 20,145,000 $ 1,401,840 $ 6,948,214 $ 58,715,054DEBT HISTORYThe City has no record of default on its obligations.SCHEDULE OF BOND MATURITIESFUTURE BONDING: The City anticipates issuing approximately $2.9 million in bonds through theState Revolving Fund for wastewater treatment plant improvements within the next 6 months.243