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Saginaw

Ltd Tax Notes Ser 2019

$240,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
September 17, 2019
Fiscal year issued
2020
Par amount
$2,000,000
New money / refunding
$2,000,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
General purpose
Sale
Private placement
Final maturity
March 1, 2026

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$240,000$3,360$243,360
2024$475,000$10,010$485,010
2023$705,000$19,880$724,880
2022$935,000$32,970$967,970
2021$1,160,000$49,210$1,209,210
2020$1,570,000$71,190$1,641,190

Costs of issuance

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One-time costs reported: $43,000, or $21.50 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
CostPaid toTypeAmountPer $1,000
Attorney General reviewNot reportedOne time$2,000.00$1.00
Bank counselNaman Howell Smith & Lee PLLCOne time$2,000.00$1.00
Bond counselMcCall Parkhurst & Horton LLPOne time$9,000.00$4.50
Financial advisorSAMCO Capital Markets IncOne time$29,500.00$14.75
Paying agent and registrarFirst National BankOne time$500.00$0.25

Source: Local Issuance Fee By Year (updated by the publisher Sep 9, 2026); Debt Outstanding By Issuance Local By Year (updated by the publisher Sep 9, 2026). Loaded here Oct 3, 2026.

Texas fiscal years run September 1 to August 31.

Figures are as reported to the agency and have not been independently verified.