Debt Model Report Sept 30, 2020 Updated Aug 1, 2019City of Schertz, Texas
R1- 1U, 170-
For Fiscal Year Ending
September 30, 2020
Updated: August 1, 2019
Presented by:
SAMCO Capital Markets, Inc.
Mark McLiney
Andrew Friedman
(210) 832-9760
M -• We
2020
$ 426,823 $
568,888 $
538,551 $
504,170 $
383,775 $
36,313 $ 157,007 $
741,188 $
375,406 $
235,569 $
103,863 $
538,875 $
264,650 $
670,346 $
407,263 $
807,444 $
380,275 $
7,140,403
2021
423,799
x7566,938
537,367 is
503,370
380,775
40,700 154,697
737,400
376,206
r. 238,169
102,063
531;800
264,925
668,368
410,888
729,694
377,700
7,044,857::
2022
425,267
567,350
708,911
503,676
1,018,025
- 157,387
37,050
376,606
235,469
100,263
534,425
265,050
671,125
408,888
366,819
379,900
6,756,210
2023
426,123
566,263
698,242:
505,126
1;020,150
-
37,050
376,606
237,469 :
103,388
418,400
365,025
'- 668,617
411,263
377,069
1381,800
-. 6,492,590'-
2024
426,370
566,713
667,689
500,920
1,019,525
- -
37,050
376,206
97,319
101,438
418,800
264,850
670,844
408,013
410,694
375,675
6,342,104
2025
426,005
:' 568,606
399,675
500,645
1;021,000
- _.
37;050
375,406
':: 100,144
104,413
271;150
264,525
672,753
409,138
383;569
372,875
; 5,507,278
2026
425,031
569,469
-
504,435
1,021,425
- -
37,050
374,206
97,894
102,313
270,525
264,050
669,397
297,388
386,444
375,975
5,395,600
2027 :
423,445
569,263
502,250
1,018,575
-
37;050
375,556
: 100,969 !
104,950
269;750
263,425
:. 665,829 :
297,888
383;694
- 197,175
5,209,818
2028
567,950
-
504,275
1,022,175
-
37,050
374,606
99,369
102,325
268,825
262,650
666,996
297,888
675,794
196,675
5,076,577
2029
565,494
500,925
1,014,375
37;050
373,366
97,719
104,613
267,750
266,650
297,388
579;494
397,063
4,301,884'
2030
-
566,738
-
502,200
1,022,588
- -
37,050
371,638
100,913
101,813
271,450
265,425
-
297,513
579,294
193,075
4,309,694
2031
'r 566,250
-
502,785
-
@
1,158;525
374,350
! 98,947 1
103,925
269,925
264,050
299,488
580,634
:193,650
'. 4,412,529::
2032
569,125
502,673
-
376,425
101,869
100,844
268,250
267,450
297,363
583,256
194,075
3,261,329
2033
-
r 565,875
-
372,275
99,675 (
102,563:
271,350
'265,625
299,856
579,619
P194,350
:. 2,751,188:
2034
566,500
-
-
- -
372,075
97,200
104,094
268,925
263,356
-
296,806
194,475
2,163,431
2035
'i 565,875
-
376,500
99,425
100,5311
270,963
:265,556
298,356
'194,450
S 2,171,656=
2036
568,875
-
-
375,550
101,500
101,875
267,756
262,513
299,409
194,275
2,171,753
2037
- s
-
-
269;306
264,225
299,959
:193,950
.....:193,475
1,027,441
2038.....
_
295,075
488,550..
2039 :
192,850
192,850:1
Total
$ 3,402,863 $
9,646,169 $
3,150,759 $
6,537,450 $
9,942,388 $
77,013 $ 469,091 $
2,970,563 $
6,372,984 $
2,239,616 $
1,745,269 $
5,948,225 $
4,764,000 $
6,024,275 $
6,329,825 $
7,423,516 $
5,173,738 $
82,217,741
2020
$ 248,663 $ 507,813 $
219,283 $
25,963 $ 399,550 $
463,625 $
235,725 $
2,100,621
2020
$
124,200
2021
247,200 506,525
224,252:
30,525 400,050
461,500
236,900
2,106,952?
2021
395,688 -
122,100
2022
- 237,975
224,028
- 400,050
463,500
233,000
1,558,553
Total
$
246,300
2023
- '' 238,250
218,739-
(399,550
': 464,500 :
234,025
1,555,064
233,450 233,490-
2024
237,963
223,321
398,550
464,500
233,500
1,557,833
2025
';237,100
217,774!
- 397,050
468,375
232,100
1,552,399.:'.
-'.a
2026
236,063
-
399,925
461,250
236,100
1,333,338
•
a.
2027
- 239,300
397,175
234,800
871,275-
2020
167;888
2028
236,800
-
398,800
233,300
868,900
2021
-
2029
239,000
399,675
232,875
871,550'
Total
$
167,888
2030
- 235,900 -
- 396,425 -
233,125 865,450
2031
=.237,500
395,775
232,800 866,075'1.
2032
238,700 -
396,325
232,325 867,350
2033
€ 234,600
:396,369
236,625 867,594
2034
-
395,688 -
235,700 631,388
2035 :
399,394
234,625. 634;019::
2036
- - -
- 397,466 -
233,400 630,866
2037
394,978
236,950 631,928':
2038
-
396,825
235,275 632,100
2039 :
233,450 233,490-
Total $
495,863 $ 3,863,488 $ 1,327,395 $
56,488 $ 7,559,619 $ 3,247,250
$ 4,686,600 $ 21,236,701
2020 $ 520,000 $ 664,450 $ 2,444,175 $ 2,231,531 $ 828,137 $ 1,325,175 $ 8,013,468 $ 4,006,734
2022
520,000
665,175
2,434,650
2,229,242
828,137
1,326,825
8,004,029
4,002,015
2023
520,000
665,650
2,435,950
2,226,390
828,137
1,328,600
8,004,727
4,002,364
2024
520,000
663,950
2,436,250
2,227,166
828,137
1,323,475
7,998,978
3,999,489
2025
520,000
666,463
2,435,125
2,226,361
828,137
1,326,850
8,002,935
4,001,468
2026
520,000
-
3,226,375
2,224,201
828,137
1,323,600
8,122,313
4,061,156
2027
520,000
3,214,125
2,225,659
828,137
1,323,725
8,111,646
4,055,823
2028
520,000
2048
3,222,250
2,219,166
828,137
1,326,975
8,116,528
4,058,264
2029
520,000
$ 33,232,213
3,220,250
2,220,811
828,137
1,328,225
8,117,423
4,058,711
2030
520,000
3,213,250
2,217,486
828,137
1,327,475
8,106,348
4,053,174
2031
2,268,330
1,475,500
2,216,266
828,137
1,324,200
8,112,433
4,056,216
2032
2,272,390
1,478,750
2,217,804
828,137
1,323,700
8,120,781
4,060,390
2033
2,271250
1,480,500
2,217,790
828,137
1,321,800
8,119,477
4,059,739
2034
2,269,780
1,483,800
2,216,040
828,137
1,323,400
8,121,157
4,060,579
2035
2,272,590
1,479,000
2,216,437
1,128,137
1,323,400
8,419,564
4,209,782
2036
-
3,737,200
2,216,117
1,518,567
1,326,700
8,798,584
4,399,292
2037
3,741,300
2,219,127
1,920,887
1,328,200
9,209,514
4,604,757
2038
3,750,200
2,217,979
1,921,962
1,323,000
9,213,141
4,606,571
2039
3,743,900
2,220,580
1,921,653
1,326,000
9,212,133
4,606,067
2040
3,742,400
2,221,791
1,924,960
1,327,000
9,216,151
4,608,076
2041
3,740,400
2,221,612
1,921,710
1,326,000
9,209,722
4,604,861
2042
425,300
2,225,043
1,927,076
-
4,577,419
2,288,710
2043
424,600
2,220,642
1,925,084
4,570,326
2,285,163
2044
423,300
2,219,531
1,921,152
4,563,983
2,281,991
2045
-
2,216,553
1,915,280
4,131,833
2,065,917
2046
2,211,710
1,912,468
4,124,178
2,062,089
2047
-
1,912,522
1,912,522
956,261
2048
1,910,063
1,910,063
955,032
2049
1,905,635
1,905,635
952,818
2050
1,904,238
1,904,238
952,119
2051
-
-
-
1,900,693
1,900,693
950,347
Total
$ 17,074,340 $
3,988,263 $
61,835,400 $
59,973,898 $
43,814,142 $
29,158,125 $
215,844,167
$ 107,922,084
2020
$ 1,510,188
2021
1,512,788
2022
1,509,288
2023
1,509,688
2024
1,508,888
2025
1,510,963
2026
1,511,138
2027
1,510,022
2028
1,510,284
2029
1,512,206
2030
1,512,859
2031
1,512,244
2032
1,510,359
2033
1,510,100
2034
1,511,200
2035
1,510,500
2036
11508,000
2037
1508,600
2038
1:512,100
2039
1,508,500
2040
1,512,700
2041
1,509,600
2042
-
2043
2044
2045
2046
2047
2048
2049
2050
2051
-
Total
$ 33,232,213
2019 $
412,250 $
165,125 $
577,375
2020
414,150
302,850 i
717,000
2021
410,950
303,100
714,050
2022
412,750
303,100 ?
715,850
2023
412,800
302,850
715,650
20241
412,700
302,350
715,050
2025
412,450
301,600
714,050
2026
410,250
300,600
710,850
2027
412,850
304,350
717,200
2028
410,050
302,600
712,650
2029
412,050
300,600
712,650
2030
413,650
303,350
717,000
2031
409,850
300,600
710,450
2032'
410,850
302,600
713,450
2033
411,450
304,100
715,550
2034
411,650
300,100
711,750
2035
411,450
300,850
712,300
2036'
413,200
301,100
714,300
2037
414,200
300,850
715,050
2038
409,450
305,100
714,550
2039
409,200
303,600
712,800
2040
413,200
304,000
717,200
2041
409,600
304,000
713,600
2042
410,600
303,600
714,200
2043
411,000
302,800
713,800
2044'
410,800
301,600
712,400
Total $
10,703,400 $
7,727,375 $
18,430,775
Debt Service Schedules
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$6,000,000 General Obligation Bonds, Series 2007
Callable at Par plus Prepayment Penalty
Dated Date 09/27/2007
Delivery Date 09/27/2007
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
315,000
4.070%
59,116.75
374,116.75
08/01/2020
52,706.50
52,706.50
09/30/2020
426,823.25
02/01/2021
325,000
4.070%
52,706.50
377,706.50
08/01/2021
46,092.75
46,092.75
09/30/2021
423,799.25
02/01/2022
340,000
4.070%
46,092.75
386,092.75
08/01/2022
39,173.75
39,173.75
09/30/2022
425,266.50
02/01/2023
355,000
4.070%
39,173.75
394,173.75
08/01/2023
31,949.50
31,949.50
09/30/2023
426,123.25
02/01/2024
370,000
4.070%
31,949.50
401,949.50
08/01/2024
24,420.00
24,420.00
09/30/2024
426,369.50
02/01/2025
385,000
4.070%
24,420.00
409,420.00
08/01/2025
16,585.25
16,585.25
09/30/2025
426,005.25
02/01/2026
400,000
4.070%
16,585.25
416,585.25
08/01/2026
8,445.25
8,445.25
09/30/2026
425,030.50
02/01/2027
415,000
4.070%
8,445.25
423,445.25
09/30/2027
423,445.25
2,905,000
497,862.75
3,402,862.75
3,402,862.75
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 1
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$8,250,000 General Obligation Bonds, Series 2011
Callable 2/1/2021 at Par
Dated Date 03/01/2011
Delivery Date 04/26/2011
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
260,000
4.000%
157,043.75
417,043.75
08/01/2020
151,843.75
151,843.75
09/30/2020
568,887.50
02/01/2021
270,000
5.000%
151,843.75
421,843.75
08/01/2021
145,093.75
145,093.75
09/30/2021
566,937.50
02/01/2022
285,000
5.500%
145,093.75
430,093.75
08/01/2022
137,256.25
137,256.25
09/30/2022
567,350.00
02/01/2023
300,000
5.500%
137,256.25
437,256.25
08/01/2023
129,006.25
129,006.25
09/30/2023
566,262.50
02/01/2024
315,000
4.000%
129,006.25
444,006.25
08/01/2024
122,706.25
122,706.25
09/30/2024
566,712.50
02/01/2025
330,000
4.125%
122,706.25
452,706.25
08/01/2025
115,900.00
115,900.00
09/30/2025
568,606.25
02/01/2026
345,000
4.250%
115,900.00
460,900.00
08/01/2026
108,568.75
108,568.75
09/30/2026
569,468.75
02/01/2027
360,000
4.375%
108,568.75
468,568.75
08/01/2027
100,693.75
100,693.75
09/30/2027
569,262.50
02/01/2028
375,000
4.500%
100,693.75
475,693.75
08/01/2028
92,256.25
92,256.25
09/30/2028
567,950.00
02/01/2029
390,000
4.625%
92,256.25
482,256.25
08/01/2029
83,237.50
83,237.50
09/30/2029
565,493.75
02/01/2030
410,000
4.750%
83,237.50
493,237.50
08/01/2030
73,500.00
73,500.00
09/30/2030
566,737.50
02/01/2031
430,000
5.000%
73,500.00
503,500.00
08/01/2031
62,750.00
62,750.00
09/30/2031
566,250.00
02/01/2032
455,000
5.000%
62,750.00
517,750.00
08/01/2032
51,375.00
51,375.00
09/30/2032
569,125.00
02/01/2033
475,000
5.000%
51,375.00
526,375.00
08/01/2033
39,500.00
39,500.00
09/30/2033
565,875.00
02/01/2034
500,000
5.000%
39,500.00
539,500.00
08/01/2034
27,000.00
27,000.00
09/30/2034
566,500.00
02/01/2035
525,000
5.000%
27,000.00
552,000.00
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 2
Capital
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 3
BOND DEBT SERVICE
City of Schertz, Texas
$8,250,000 General Obligation Bonds, Series 2011
Callable 2/1/2021 at Par
Period
Annual
Ending
Principal Coupon Interest
Debt Service
Debt Service
08/01/2035
13,875.00
13,875.00
09/30/2035
565,875.00
02/01/2036
555,000 5.000% 13,875.00
568,875.00
09/30/2036
568,875.00
6,580,000 3,066,168.75
9,646,168.75
9,646,168.75
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 3
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$6,745,000 General Obligation Refunding Bonds, Series 2011A
Callable 2/1/2021 at Par
Dated Date 12/15/2011
Delivery Date 12/15/2011
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
475,000
2.330%
34,542.25
509,542.25
08/01/2020
29,008.50
29,008.50
09/30/2020
538,550.75
02/01/2021
485,000
2.330%
29,008.50
514,008.50
08/01/2021
23,358.25
23,358.25
09/30/2021
537,366.75
02/01/2022
670,000
2.330%
23,358.25
693,358.25
08/01/2022
15,552.75
15,552.75
09/30/2022
708,911.00
02/01/2023
675,000
2.330%
15,552.75
690,552.75
08/01/2023
7,689.00
7,689.00
09/30/2023
698,241.75
02/01/2024
660,000
2.330%
7,689.00
667,689.00
09/30/2024
667,689.00
2,965,000
185,759.25
3,150,759.25
3,150,759.25
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 4
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$2,675,000 General Obligation Refunding Bonds, Series 2011
Callable 9/1/2019 at Par
Dated Date 06/01/2011
Delivery Date 06/30/2011
Period
Ending
Principal Coupon
Interest
Debt Service
Annual
Debt Service
03/01/2020
6,831.25
6,831.25
09/01/2020
235,000 2.750%
6,831.25
241,831.25
09/30/2020
248,662.50
03/01/2021
3,600.00
3,600.00
09/01/2021
240,000 3.000%
3,600.00
243,600.00
09/30/2021
247,200.00
475,000
20,862.50
495,862.50
495,862.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 5
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$7,625,000 General Obligation Bonds, Series 2012
Callable 2/1/2022 at Par
Dated Date 08/01/2012
Delivery Date 09/13/2012
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
355,000
3.000%
77,247.50
432,247.50
08/01/2020
71,922.50
71,922.50
09/30/2020
504,170.00
02/01/2021
365,000
3.000%
71,922.50
436,922.50
08/01/2021
66,447.50
66,447.50
09/30/2021
503,370.00
02/01/2022
375,000
2.250%
66,447.50
441,447.50
08/01/2022
62,228.75
62,228.75
09/30/2022
503,676.25
02/01/2023
385,000
2.250%
62,228.75
447,228.75
08/01/2023
57,897.50
57,897.50
09/30/2023
505,126.25
02/01/2024
390,000
2.500%
57,897.50
447,897.50
08/01/2024
53,022.50
53,022.50
09/30/2024
500,920.00
02/01/2025
400,000
2.700%
53,022.50
453,022.50
08/01/2025
47,622.50
47,622.50
09/30/2025
500,645.00
02/01/2026
415,000
2.800%
47,622.50
462,622.50
08/01/2026
41,812.50
41,812.50
09/30/2026
504,435.00
02/01/2027
425,000
3.000%
41,812.50
466,812.50
08/01/2027
35,437.50
35,437.50
09/30/2027
502,250.00
02/01/2028
440,000
3.000%
35,437.50
475,437.50
08/01/2028
28,837.50
28,837.50
09/30/2028
504,275.00
02/01/2029
450,000
3.000%
28,837.50
478,837.50
08/01/2029
22,087.50
22,087.50
09/30/2029
500,925.00
02/01/2030
465,000
3.000%
22,087.50
487,087.50
08/01/2030
15,112.50
15,112.50
09/30/2030
502,200.00
02/01/2031
480,000
3.100%
15,112.50
495,112.50
08/01/2031
7,672.50
7,672.50
09/30/2031
502,785.00
02/01/2032
495,000
3.100%
7,672.50
502,672.50
09/30/2032
502,672.50
5,440,000
1,097,450.00
6,537,450.00
6,537,450.00
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 6
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$4,965,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2013
Callable 2/1/2022 at Par
Dated Date 09/01/2013
Delivery Date 10/10/2013
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
405,000
2.500%
53,937.50
458,937.50
08/01/2020
48,875.00
48,875.00
09/30/2020
507,812.50
02/01/2021
415,000
3.000%
48,875.00
463,875.00
08/01/2021
42,650.00
42,650.00
09/30/2021
506,525.00
02/01/2022
155,000
3.000%
42,650.00
197,650.00
08/01/2022
40,325.00
40,325.00
09/30/2022
237,975.00
02/01/2023
160,000
3.000%
40,325.00
200,325.00
08/01/2023
37,925.00
37,925.00
09/30/2023
238,250.00
02/01/2024
165,000
3.500%
37,925.00
202,925.00
08/01/2024
35,037.50
35,037.50
09/30/2024
237,962.50
02/01/2025
170,000
3.500%
35,037.50
205,037.50
08/01/2025
32,062.50
32,062.50
09/30/2025
237,100.00
02/01/2026
175,000
3.500%
32,062.50
207,062.50
08/01/2026
29,000.00
29,000.00
09/30/2026
236,062.50
02/01/2027
185,000
4.000%
29,000.00
214,000.00
08/01/2027
25,300.00
25,300.00
09/30/2027
239,300.00
02/01/2028
190,000
4.000%
25,300.00
215,300.00
08/01/2028
21,500.00
21,500.00
09/30/2028
236,800.00
02/01/2029
200,000
4.000%
21,500.00
221,500.00
08/01/2029
17,500.00
17,500.00
09/30/2029
239,000.00
02/01/2030
205,000
4.000%
17,500.00
222,500.00
08/01/2030
13,400.00
13,400.00
09/30/2030
235,900.00
02/01/2031
215,000
4.000%
13,400.00
228,400.00
08/01/2031
9,100.00
9,100.00
09/30/2031
237,500.00
02/01/2032
225,000
4.000%
9,100.00
234,100.00
08/01/2032
4,600.00
4,600.00
09/30/2032
238,700.00
02/01/2033
230,000
4.000%
4,600.00
234,600.00
09/30/2033
234,600.00
3,095,000
768,487.50
3,863,487.50
3,863,487.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 7
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$4,965,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2013
Callable 2/1/2022 at Par
Dated Date 09/01/2013
Delivery Date 10/10/2013
General Obligation Portion (CI61)
Period
Ending
Principal
Coupon Interest
Debt
Service
Annual
Debt
Service
02/01/2020
260,000
2.500% 7,225
267,225
08/01/2020
3,975
3,975
09/30/2020
271,200
02/01/2021
265,000
3.000% 3,975
268,975
09/30/2021
268,975
525,000
15,175
540,175
540,175
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 8
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$4,965,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2013
Callable 2/1/2022 at Par
Dated Date 09/01/2013
Delivery Date 10/10/2013
Utility Fund Portion (CI62)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
145,000
2.500%
46,712.50
191,712.50
08/01/2020
44,900.00
44,900.00
09/30/2020
236,612.50
02/01/2021
150,000
3.000%
44,900.00
194,900.00
08/01/2021
42,650.00
42,650.00
09/30/2021
237,550.00
02/01/2022
155,000
3.000%
42,650.00
197,650.00
08/01/2022
40,325.00
40,325.00
09/30/2022
237,975.00
02/01/2023
160,000
3.000%
40,325.00
200,325.00
08/01/2023
37,925.00
37,925.00
09/30/2023
238,250.00
02/01/2024
165,000
3.500%
37,925.00
202,925.00
08/01/2024
35,037.50
35,037.50
09/30/2024
237,962.50
02/01/2025
170,000
3.500%
35,037.50
205,037.50
08/01/2025
32,062.50
32,062.50
09/30/2025
237,100.00
02/01/2026
175,000
3.500%
32,062.50
207,062.50
08/01/2026
29,000.00
29,000.00
09/30/2026
236,062.50
02/01/2027
185,000
4.000%
29,000.00
214,000.00
08/01/2027
25,300.00
25,300.00
09/30/2027
239,300.00
02/01/2028
190,000
4.000%
25,300.00
215,300.00
08/01/2028
21,500.00
21,500.00
09/30/2028
236,800.00
02/01/2029
200,000
4.000%
21,500.00
221,500.00
08/01/2029
17,500.00
17,500.00
09/30/2029
239,000.00
02/01/2030
205,000
4.000%
17,500.00
222,500.00
08/01/2030
13,400.00
13,400.00
09/30/2030
235,900.00
02/01/2031
215,000
4.000%
13,400.00
228,400.00
08/01/2031
9,100.00
9,100.00
09/30/2031
237,500.00
02/01/2032
225,000
4.000%
9,100.00
234,100.00
08/01/2032
4,600.00
4,600.00
09/30/2032
238,700.00
02/01/2033
230,000
4.000%
4,600.00
234,600.00
09/30/2033
234,600.00
2,570,000
753,312.50
3,323,312.50
3,323,312.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 9
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$2,160,000 General Obligation Refunding Bonds, Series 2013
Callable 2/1/2023 at Par
Dated Date 10/10/2013
Delivery Date 10/10/2013
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
190,000
2.580%
15,867.00
205,867.00
08/01/2020
13,416.00
13,416.00
09/30/2020
219,283.00
02/01/2021
200,000
2.580%
13,416.00
213,416.00
08/01/2021
10,836.00
10,836.00
09/30/2021
224,252.00
02/01/2022
205,000
2.580%
10,836.00
215,836.00
08/01/2022
8,191.50
8,191.50
09/30/2022
224,027.50
02/01/2023
205,000
2.580%
8,191.50
213,191.50
08/01/2023
5,547.00
5,547.00
09/30/2023
218,738.50
02/01/2024
215,000
2.580%
5,547.00
220,547.00
08/01/2024
2,773.50
2,773.50
09/30/2024
223,320.50
02/01/2025
215,000
2.580%
2,773.50
217,773.50
09/30/2025
217,773.50
1,230,000
97,395.00
1,327,395.00
1,327,395.00
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 10
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$8,450,000 General Obligation Refunding Bonds, Series 2014
Callable 2/1/2023 at Par
Dated Date 05/15/2014
Delivery Date 06/26/2014
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
100,000
3.000%
142,637.50
242,637.50
08/01/2020
141,137.50
141,137.50
09/30/2020
383,775.00
02/01/2021
100,000
3.000%
141,137.50
241,137.50
08/01/2021
139,637.50
139,637.50
09/30/2021
380,775.00
02/01/2022
750,000
3.000%
139,637.50
889,637.50
08/01/2022
128,387.50
128,387.50
09/30/2022
1,018,025.00
02/01/2023
775,000
3.000%
128,387.50
903,387.50
08/01/2023
116,762.50
116,762.50
09/30/2023
1,020,150.00
02/01/2024
800,000
3.500%
116,762.50
916,762.50
08/01/2024
102,762.50
102,762.50
09/30/2024
1,019,525.00
02/01/2025
830,000
3.500%
102,762.50
932,762.50
08/01/2025
88,237.50
88,237.50
09/30/2025
1,021,000.00
02/01/2026
860,000
3.500%
88,237.50
948,237.50
08/01/2026
73,187.50
73,187.50
09/30/2026
1,021,425.00
02/01/2027
890,000
4.000%
73,187.50
963,187.50
08/01/2027
55,387.50
55,387.50
09/30/2027
1,018,575.00
02/01/2028
930,000
4.000%
55,387.50
985,387.50
08/01/2028
36,787.50
36,787.50
09/30/2028
1,022,175.00
02/01/2029
960,000
4.000%
36,787.50
996,787.50
08/01/2029
17,587.50
17,587.50
09/30/2029
1,014,375.00
02/01/2030
1,005,000
3.500%
17,587.50
1,022,587.50
09/30/2030
1,022,587.50
8,000,000
1,942,387.50
9,942,387.50
9,942,387.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 11
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$2,125,000 Tax Notes, Series 2015
Non Callable
Dated Date 01/08/2015
Delivery Date 01/08/2015
Period
Ending Principal Coupon
Annual
Interest Debt Service Debt Service
02/01/2020
4,681.25
4,681.25
08/01/2020
345,000 1.750% 4,681.25
349,681.25
09/30/2020
354,362.50
02/01/2021
1,662.50
1,662.50
08/01/2021
190,000 1.750% 1,662.50
191,662.50
09/30/2021
193,325.00
535,000 12,687.50 547,687.50 547,687.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 12
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$2,125,000 Tax Notes, Series 2015
Non Callable
Dated Date 01/08/2015
Delivery Date 01/08/2015
EMS 6 Years (CI61)
Period
Ending Principal Coupon
Annual
Interest Debt Service Debt Service
02/01/2020 1,443.75 1,443.75
08/01/2020 165,000 1.750% 1,443.75 166,443.75
09/30/2020 167,887.50
165,000 2,887.50 167,887.50 167,887.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 13
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$2,125,000 Tax Notes, Series 2015
Non Callable
Dated Date 01/08/2015
Delivery Date 01/08/2015
Drainage Equipment (CIB2)
240,000 6,300 246,300 246,300
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 14
Annual
Period
Debt
Debt
Ending
Principal Coupon Interest
Service
Service
02/01/2020
2,100
2,100
08/01/2020
120,000 1.750% 2,100
122,100
09/30/2020
124,200
02/01/2021
1,050
1,050
08/01/2021
120,000 1.750% 1,050
121,050
09/30/2021
122,100
240,000 6,300 246,300 246,300
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 14
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$2,125,000 Tax Notes, Series 2015
Non Callable
Dated Date 01/08/2015
Delivery Date 01/08/2015
EMS 6 Years (CI61)
Period
Ending Principal Coupon
Annual
Interest Debt Service Debt Service
02/01/2020 1,443.75 1,443.75
08/01/2020 165,000 1.750% 1,443.75 166,443.75
09/30/2020 167,887.50
165,000 2,887.50 167,887.50 167,887.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 15
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$2,125,000 Tax Notes, Series 2015
Non Callable
Dated Date 01/08/2015
Delivery Date 01/08/2015
Drainage Equipment (CIB2)
240,000 6,300 246,300 246,300
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 16
Annual
Period
Debt
Debt
Ending
Principal Coupon Interest
Service
Service
02/01/2020
2,100
2,100
08/01/2020
120,000 1.750% 2,100
122,100
09/30/2020
124,200
02/01/2021
1,050
1,050
08/01/2021
120,000 1.750% 1,050
121,050
09/30/2021
122,100
240,000 6,300 246,300 246,300
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 16
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$2,125,000 Tax Notes, Series 2015
Non Callable
Dated Date 01/08/2015
Delivery Date 01/08/2015
Water Equipment (CIB3)
Period
Ending
Principal Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
481.25
481.25
08/01/2020
25,000 1.750%
481.25
25,481.25
09/30/2020
25,962.50
02/01/2021
262.50
262.50
08/01/2021
30,000 1.750%
262.50
30,262.50
09/30/2021
30,525.00
55,000
1,487.50
56,487.50
56,487.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 17
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$2,125,000 Tax Notes, Series 2015
Non Callable
Dated Date 01/08/2015
Delivery Date 01/08/2015
Water Equipment (CIB3)
Period
Ending
Principal Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
481.25
481.25
08/01/2020
25,000 1.750%
481.25
25,481.25
09/30/2020
25,962.50
02/01/2021
262.50
262.50
08/01/2021
30,000 1.750%
262.50
30,262.50
09/30/2021
30,525.00
55,000
1,487.50
56,487.50
56,487.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 18
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$2,125,000 Tax Notes, Series 2015
Non Callable
Dated Date 01/08/2015
Delivery Date 01/08/2015
General Fund Equipment (CI64)
Period
Ending
Principal Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
656.25
656.25
08/01/2020
35,000 1.750%
656.25
35,656.25
09/30/2020
36,312.50
02/01/2021
350.00
350.00
08/01/2021
40,000 1.750%
350.00
40,350.00
09/30/2021
40,700.00
75,000
2,012.50
77,012.50
77,012.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 19
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$1,020,000 Tax Notes, Series 2015A
Non Callable
Dated Date 11/19/2015
Delivery Date 11/19/2015
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt
Service
02/01/2020
3,503.50
3,503.50
08/01/2020
150,000
1.540%
3,503.50
153,503.50
09/30/2020
157,007
02/01/2021
2,348.50
2,348.50
08/01/2021
150,000
1.540%
2,348.50
152,348.50
09/30/2021
154,697
02/01/2022
1,193.50
1,193.50
08/01/2022
155,000
1.540%
1,193.50
156,193.50
09/30/2022
157,387
455,000
14,091.00
469,091.00
469,091
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 20
BOND DEBT SERVICE
City of Schertz, Texas
$4,185,000 General Obligation Refunding Bonds, Series 2015
Callable 2/1/2025 at Par
Dated Date 11/01/2015
Delivery Date 12/15/2015
Period
Ending
Principal
Coupon Interest
Debt Service
Annual
Debt Service
02/01/2020
675,000
2.500% 37,312.50
712,312.50
08/01/2020
28,875.00
28,875.00
09/30/2020
741,187.50
02/01/2021
690,000
3.000% 28,875.00
718,875.00
08/01/2021
18,525.00
18,525.00
09/30/2021
737,400.00
02/01/2022
18,525.00
18,525.00
08/01/2022
18,525.00
18,525.00
09/30/2022
37,050.00
02/01/2023
18,525.00
18,525.00
08/01/2023
18,525.00
18,525.00
09/30/2023
37,050.00
02/01/2024
18,525.00
18,525.00
08/01/2024
18,525.00
18,525.00
09/30/2024
37,050.00
02/01/2025
18,525.00
18,525.00
08/01/2025
18,525.00
18,525.00
09/30/2025
37,050.00
02/01/2026
18,525.00
18,525.00
08/01/2026
18,525.00
18,525.00
09/30/2026
37,050.00
02/01/2027
18,525.00
18,525.00
08/01/2027
18,525.00
18,525.00
09/30/2027
37,050.00
02/01/2028
18,525.00
18,525.00
08/01/2028
18,525.00
18,525.00
09/30/2028
37,050.00
02/01/2029
18,525.00
18,525.00
08/01/2029
18,525.00
18,525.00
09/30/2029
37,050.00
02/01/2030
18,525.00
18,525.00
08/01/2030
18,525.00
18,525.00
09/30/2030
37,050.00
02/01/2031
1,140,000
3.250% 18,525.00
1,158,525.00
09/30/2031
1,158,525.00
2,505,000
465,562.50
2,970,562.50
2,970,562.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 21
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$5,880,000 General Obligation Bonds, Series 2016
Callable 2/1/2026 at Par
Dated Date 08/01/2016
Delivery Date 09/01/2016
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
225,000
4.000%
77,453.13
302,453.13
08/01/2020
72,953.13
72,953.13
09/30/2020
375,406.26
02/01/2021
235,000
4.000%
72,953.13
307,953.13
08/01/2021
68,253.13
68,253.13
09/30/2021
376,206.26
02/01/2022
245,000
4.000%
68,253.13
313,253.13
08/01/2022
63,353.13
63,353.13
09/30/2022
376,606.26
02/01/2023
255,000
4.000%
63,353.13
318,353.13
08/01/2023
58,253.13
58,253.13
09/30/2023
376,606.26
02/01/2024
265,000
4.000%
58,253.13
323,253.13
08/01/2024
52,953.13
52,953.13
09/30/2024
376,206.26
02/01/2025
275,000
4.000%
52,953.13
327,953.13
08/01/2025
47,453.13
47,453.13
09/30/2025
375,406.26
02/01/2026
285,000
4.000%
47,453.13
332,453.13
08/01/2026
41,753.13
41,753.13
09/30/2026
374,206.26
02/01/2027
295,000
2.000%
41,753.13
336,753.13
08/01/2027
38,803.13
38,803.13
09/30/2027
375,556.26
02/01/2028
300,000
2.000%
38,803.13
338,803.13
08/01/2028
35,803.13
35,803.13
09/30/2028
374,606.26
02/01/2029
305,000
2.125%
35,803.13
340,803.13
08/01/2029
32,562.50
32,562.50
09/30/2029
373,365.63
02/01/2030
310,000
2.250%
32,562.50
342,562.50
08/01/2030
29,075.00
29,075.00
09/30/2030
371,637.50
02/01/2031
320,000
2.375%
29,075.00
349,075.00
08/01/2031
25,275.00
25,275.00
09/30/2031
374,350.00
02/01/2032
330,000
2.500%
25,275.00
355,275.00
08/01/2032
21,150.00
21,150.00
09/30/2032
376,425.00
02/01/2033
335,000
3.000%
21,150.00
356,150.00
08/01/2033
16,125.00
16,125.00
09/30/2033
372,275.00
02/01/2034
345,000
3.000%
16,125.00
361,125.00
08/01/2034
10,950.00
10,950.00
09/30/2034
372,075.00
02/01/2035
360,000
3.000%
10,950.00
370,950.00
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 22
Capital
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 23
BOND DEBT SERVICE
City of Schertz, Texas
$5,880,000 General Obligation Bonds, Series 2016
Callable 2/1/2026 at Par
Period
Annual
Ending
Principal Coupon Interest
Debt Service
Debt Service
08/01/2035
5,550.00
5,550.00
09/30/2035
376,500.00
02/01/2036
370,000 3.000% 5,550.00
375,550.00
09/30/2036
375,550.00
5,055,000 1,317,984.47
6,372,984.47
6,372,984.47
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 23
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$2,375,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2016A
Callable 2/1/2026 at Par
Dated Date 08/01/2016
Delivery Date 09/01/2016
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
180,000
4.000%
29,584.38
209,584.38
08/01/2020
25,984.38
25,984.38
09/30/2020
235,568.76
02/01/2021
190,000
4.000%
25,984.38
215,984.38
08/01/2021
22,184.38
22,184.38
09/30/2021
238,168.76
02/01/2022
195,000
4.000%
22,184.38
217,184.38
08/01/2022
18,284.38
18,284.38
09/30/2022
235,468.76
02/01/2023
205,000
4.000%
18,284.38
223,284.38
08/01/2023
14,184.38
14,184.38
09/30/2023
237,468.76
02/01/2024
70,000
3.000%
14,184.38
84,184.38
08/01/2024
13,134.38
13,134.38
09/30/2024
97,318.76
02/01/2025
75,000
3.000%
13,134.38
88,134.38
08/01/2025
12,009.38
12,009.38
09/30/2025
100,143.76
02/01/2026
75,000
3.000%
12,009.38
87,009.38
08/01/2026
10,884.38
10,884.38
09/30/2026
97,893.76
02/01/2027
80,000
2.000%
10,884.38
90,884.38
08/01/2027
10,084.38
10,084.38
09/30/2027
100,968.76
02/01/2028
80,000
2.000%
10,084.38
90,084.38
08/01/2028
9,284.38
9,284.38
09/30/2028
99,368.76
02/01/2029
80,000
2.125%
9,284.38
89,284.38
08/01/2029
8,434.38
8,434.38
09/30/2029
97,718.76
02/01/2030
85,000
2.250%
8,434.38
93,434.38
08/01/2030
7,478.13
7,478.13
09/30/2030
100,912.51
02/01/2031
85,000
2.375%
7,478.13
92,478.13
08/01/2031
6,468.75
6,468.75
09/30/2031
98,946.88
02/01/2032
90,000
2.375%
6,468.75
96,468.75
08/01/2032
5,400.00
5,400.00
09/30/2032
101,868.75
02/01/2033
90,000
2.500%
5,400.00
95,400.00
08/01/2033
4,275.00
4,275.00
09/30/2033
99,675.00
02/01/2034
90,000
3.000%
4,275.00
94,275.00
08/01/2034
2,925.00
2,925.00
09/30/2034
97,200.00
02/01/2035
95,000
3.000%
2,925.00
97,925.00
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 24
BOND DEBT SERVICE
City of Schertz, Texas
$2,375,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2016A
Callable 2/1/2026 at Par
Period Annual
Ending Principal Coupon Interest Debt Service Debt Service
08/01/2035 1,500.00 1,500.00
09/30/2035 99,425.00
02/01/2036 100,000 3.000% 1,500.00 101,500.00
09/30/2036 101,500.00
1,865,000 374,615.74 2,239,615.74 2,239,615.74
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 25
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$2,375,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2016A
Callable 2/1/2026 at Par
Dated Date 08/01/2016
Delivery Date 09/01/2016
Remodel Component (REMODEL)
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 26
Annual
Period
Debt
Debt
Ending
Principal
Coupon
Interest
Service
Service
02/01/2020
120,000
4.000%
10,200
130,200
08/01/2020
7,800
7,800
09/30/2020
138,000
02/01/2021
125,000
4.000%
7,800
132,800
08/01/2021
5,300
5,300
09/30/2021
138,100
02/01/2022
130,000
4.000%
5,300
135,300
08/01/2022
2,700
2,700
09/30/2022
138,000
02/01/2023
135,000
4.000%
2,700
137,700
09/30/2023
137,700
510,000
41,800
551,800
551,800
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 26
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$2,375,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2016A
Callable 2/1/2026 at Par
Dated Date 08/01/2016
Delivery Date 09/01/2016
Road Work Component (ROAD)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
60,000
4.000%
19,384.38
79,384.38
08/01/2020
18,184.38
18,184.38
09/30/2020
97,568.76
02/01/2021
65,000
4.000%
18,184.38
83,184.38
08/01/2021
16,884.38
16,884.38
09/30/2021
100,068.76
02/01/2022
65,000
4.000%
16,884.38
81,884.38
08/01/2022
15,584.38
15,584.38
09/30/2022
97,468.76
02/01/2023
70,000
4.000%
15,584.38
85,584.38
08/01/2023
14,184.38
14,184.38
09/30/2023
99,768.76
02/01/2024
70,000
3.000%
14,184.38
84,184.38
08/01/2024
13,134.38
13,134.38
09/30/2024
97,318.76
02/01/2025
75,000
3.000%
13,134.38
88,134.38
08/01/2025
12,009.38
12,009.38
09/30/2025
100,143.76
02/01/2026
75,000
3.000%
12,009.38
87,009.38
08/01/2026
10,884.38
10,884.38
09/30/2026
97,893.76
02/01/2027
80,000
2.000%
10,884.38
90,884.38
08/01/2027
10,084.38
10,084.38
09/30/2027
100,968.76
02/01/2028
80,000
2.000%
10,084.38
90,084.38
08/01/2028
9,284.38
9,284.38
09/30/2028
99,368.76
02/01/2029
80,000
2.125%
9,284.38
89,284.38
08/01/2029
8,434.38
8,434.38
09/30/2029
97,718.76
02/01/2030
85,000
2.250%
8,434.38
93,434.38
08/01/2030
7,478.13
7,478.13
09/30/2030
100,912.51
02/01/2031
85,000
2.375%
7,478.13
92,478.13
08/01/2031
6,468.75
6,468.75
09/30/2031
98,946.88
02/01/2032
90,000
2.375%
6,468.75
96,468.75
08/01/2032
5,400.00
5,400.00
09/30/2032
101,868.75
02/01/2033
90,000
2.500%
5,400.00
95,400.00
08/01/2033
4,275.00
4,275.00
09/30/2033
99,675.00
02/01/2034
90,000
3.000%
4,275.00
94,275.00
08/01/2034
2,925.00
2,925.00
09/30/2034
97,200.00
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 27
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$2,375,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2016A
Callable 2/1/2026 at Par
Road Work Component (ROAD)
Period
Ending Principal Coupon
Annual
Interest Debt Service Debt Service
02/01/2035 95,000 3.000% 2,925.00 97,925.00
08/01/2035 1,500.00 1,500.00
09/30/2035 99,425.00
02/01/2036 100,000 1000% 1,500.00 101,500.00
09/30/2036 101,500.00
1,355,000 332,815.74 1,687,815.74 1,687,815.74
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 28
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$1,475,000 Combination Tax & Limited Pledge Revenue Certificates of Obligation, Taxable Series 2016B
Callable 2/1/2026 at Par
YMCA Lease Payment Supported
Dated Date 08/01/2016
Delivery Date 09/01/2016
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
60,000
3.000%
22,381.25
82,381.25
08/01/2020
21,481.25
21,481.25
09/30/2020
103,862.50
02/01/2021
60,000
3.000%
21,481.25
81,481.25
08/01/2021
20,581.25
20,581.25
09/30/2021
102,062.50
02/01/2022
60,000
3.000%
20,581.25
80,581.25
08/01/2022
19,681.25
19,681.25
09/30/2022
100,262.50
02/01/2023
65,000
3.000%
19,681.25
84,681.25
08/01/2023
18,706.25
18,706.25
09/30/2023
103,387.50
02/01/2024
65,000
3.000%
18,706.25
83,706.25
08/01/2024
17,731.25
17,731.25
09/30/2024
101,437.50
02/01/2025
70,000
3.000%
17,731.25
87,731.25
08/01/2025
16,681.25
16,681.25
09/30/2025
104,412.50
02/01/2026
70,000
3.000%
16,681.25
86,681.25
08/01/2026
15,631.25
15,631.25
09/30/2026
102,312.50
02/01/2027
75,000
3.500%
15,631.25
90,631.25
08/01/2027
14,318.75
14,318.75
09/30/2027
104,950.00
02/01/2028
75,000
3.500%
14,318.75
89,318.75
08/01/2028
13,006.25
13,006.25
09/30/2028
102,325.00
02/01/2029
80,000
3.500%
13,006.25
93,006.25
08/01/2029
11,606.25
11,606.25
09/30/2029
104,612.50
02/01/2030
80,000
3.500%
11,606.25
91,606.25
08/01/2030
10,206.25
10,206.25
09/30/2030
101,812.50
02/01/2031
85,000
3.500%
10,206.25
95,206.25
08/01/2031
8,718.75
8,718.75
09/30/2031
103,925.00
02/01/2032
85,000
3.750%
8,718.75
93,718.75
08/01/2032
7,125.00
7,125.00
09/30/2032
100,843.75
02/01/2033
90,000
3.750%
7,125.00
97,125.00
08/01/2033
5,437.50
5,437.50
09/30/2033
102,562.50
02/01/2034
95,000
3.750%
5,437.50
100,437.50
08/01/2034
3,656.25
3,656.25
09/30/2034
104,093.75
02/01/2035
95,000
3.750%
3,656.25
98,656.25
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 29
BOND DEBT SERVICE
City of Schertz, Texas
$1,475,000 Combination Tax & Limited Pledge Revenue Certificates of Obligation, Taxable Series 2016B
Callable 2/1/2026 at Par
YMCA Lease Payment Supported
Period
Ending
Annual
Principal Coupon Interest Debt Service Debt Service
08/01/2035
1,875.00 1,875.00
09/30/2035
100,531.25
02/01/2036
100,000 3.750% 1,875.00 101,875.00
09/30/2036
101,875.00
1,310,000 435,268.75 1,745,268.75 1,745,268.75
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 30
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$5,475,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2017
Callable 2/1/2027 at Par
Dated Date 05/15/2017
Delivery Date 06/20/2017
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
400,000
3.000%
72,437.50
472,437.50
08/01/2020
66,437.50
66,437.50
09/30/2020
538,875.00
02/01/2021
405,000
3.000%
66,437.50
471,437.50
08/01/2021
60,362.50
60,362.50
09/30/2021
531,800.00
02/01/2022
420,000
3.000%
60,362.50
480,362.50
08/01/2022
54,062.50
54,062.50
09/30/2022
534,425.00
02/01/2023
315,000
3.000%
54,062.50
369,062.50
08/01/2023
49,337.50
49,337.50
09/30/2023
418,400.00
02/01/2024
325,000
3.000%
49,337.50
374,337.50
08/01/2024
44,462.50
44,462.50
09/30/2024
418,800.00
02/01/2025
185,000
3.000%
44,462.50
229,462.50
08/01/2025
41,687.50
41,687.50
09/30/2025
271,150.00
02/01/2026
190,000
3.000%
41,687.50
231,687.50
08/01/2026
38,837.50
38,837.50
09/30/2026
270,525.00
02/01/2027
195,000
3.000%
38,837.50
233,837.50
08/01/2027
35,912.50
35,912.50
09/30/2027
269,750.00
02/01/2028
200,000
3.000%
35,912.50
235,912.50
08/01/2028
32,912.50
32,912.50
09/30/2028
268,825.00
02/01/2029
205,000
3.000%
32,912.50
237,912.50
08/01/2029
29,837.50
29,837.50
09/30/2029
267,750.00
02/01/2030
215,000
3.000%
29,837.50
244,837.50
08/01/2030
26,612.50
26,612.50
09/30/2030
271,450.00
02/01/2031
220,000
3.000%
26,612.50
246,612.50
08/01/2031
23,312.50
23,312.50
09/30/2031
269,925.00
02/01/2032
225,000
3.000%
23,312.50
248,312.50
08/01/2032
19,937.50
19,937.50
09/30/2032
268,250.00
02/01/2033
235,000
3.000%
19,937.50
254,937.50
08/01/2033
16,412.50
16,412.50
09/30/2033
271,350.00
02/01/2034
240,000
3.250%
16,412.50
256,412.50
08/01/2034
12,512.50
12,512.50
09/30/2034
268,925.00
02/01/2035
250,000
3.250%
12,512.50
262,512.50
08/01/2035
8,450.00
8,450.00
09/30/2035
270,962.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 31
BOND DEBT SERVICE
City of Schertz, Texas
$5,475,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2017
Callable 2/1/2027 at Par
Period Annual
Ending Principal Coupon Interest Debt Service Debt Service
02/01/2036
255,000 3.250% 8,450.00
263,450.00
08/01/2036
4,306.25
4,306.25
09/30/2036
267,756.25
02/01/2037
265,000 3.250% 4,306.25
269,306.25
09/30/2037
269,306.25
4,745,000 1,203,225.00
5,948,225.00 5,948,225.00
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 32
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$3,935,000 General Obligation Bonds, Series 2017
Callable 2/1/2027 at Par
Dated Date 05/15/2017
Delivery Date 06/20/2017
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
155,000
3.000%
55,987.50
210,987.50
08/01/2020
53,662.50
53,662.50
09/30/2020
264,650.00
02/01/2021
160,000
3.000%
53,662.50
213,662.50
08/01/2021
51,262.50
51,262.50
09/30/2021
264,925.00
02/01/2022
165,000
3.000%
51,262.50
216,262.50
08/01/2022
48,787.50
48,787.50
09/30/2022
265,050.00
02/01/2023
170,000
3.000%
48,787.50
218,787.50
08/01/2023
46,237.50
46,237.50
09/30/2023
265,025.00
02/01/2024
175,000
3.000%
46,237.50
221,237.50
08/01/2024
43,612.50
43,612.50
09/30/2024
264,850.00
02/01/2025
180,000
3.000%
43,612.50
223,612.50
08/01/2025
40,912.50
40,912.50
09/30/2025
264,525.00
02/01/2026
185,000
3.000%
40,912.50
225,912.50
08/01/2026
38,137.50
38,137.50
09/30/2026
264,050.00
02/01/2027
190,000
3.000%
38,137.50
228,137.50
08/01/2027
35,287.50
35,287.50
09/30/2027
263,425.00
02/01/2028
195,000
3.000%
35,287.50
230,287.50
08/01/2028
32,362.50
32,362.50
09/30/2028
262,650.00
02/01/2029
205,000
3.000%
32,362.50
237,362.50
08/01/2029
29,287.50
29,287.50
09/30/2029
266,650.00
02/01/2030
210,000
3.000%
29,287.50
239,287.50
08/01/2030
26,137.50
26,137.50
09/30/2030
265,425.00
02/01/2031
215,000
3.000%
26,137.50
241,137.50
08/01/2031
22,912.50
22,912.50
09/30/2031
264,050.00
02/01/2032
225,000
3.000%
22,912.50
247,912.50
08/01/2032
19,537.50
19,537.50
09/30/2032
267,450.00
02/01/2033
230,000
3.000%
19,537.50
249,537.50
08/01/2033
16,087.50
16,087.50
09/30/2033
265,625.00
02/01/2034
235,000
3.250%
16,087.50
251,087.50
08/01/2034
12,268.75
12,268.75
09/30/2034
263,356.25
02/01/2035
245,000
3.250%
12,268.75
257,268.75
08/01/2035
8,287.50
8,287.50
09/30/2035
265,556.25
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 33
Capital
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 34
BOND DEBT SERVICE
City of Schertz, Texas
$3,935,000
General Obligation Bonds, Series 2017
Callable 2/1/2027 at Par
Period
Annual
Ending
Principal
Coupon Interest
Debt Service
Debt Service
02/01/2036
250,000
3.250% 8,287.50
258,287.50
08/01/2036
4,225.00
4,225.00
09/30/2036
262,512.50
02/01/2037
260,000
3.250% 4,225.00
264,225.00
09/30/2037
264,225.00
3,650,000
1,114,000.00
4,764,000.00
4,764,000.00
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 34
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$6,035,000 General Obligation Refunding Bonds, Series 2018
Callable 2/1/2023 at Par
Dated Date 01/04/2018
Delivery Date 01/04/2018
Period
Ending
Principal
Coupon
Interest
Debt
Service
Annual
Debt
Service
02/01/2020
560,000
2.120%
58,141
618,141
08/01/2020
52,205
52,205
09/30/2020
670,346
02/01/2021
570,000
2.120%
52,205
622,205
08/01/2021
46,163
46,163
09/30/2021
668,368
02/01/2022
585,000
2.120%
46,163
631,163
08/01/2022
39,962
39,962
09/30/2022
671,125
02/01/2023
595,000
2.120%
39,962
634,962
08/01/2023
33,655
33,655
09/30/2023
668,617
02/01/2024
610,000
2.120%
33,655
643,655
08/01/2024
27,189
27,189
09/30/2024
670,844
02/01/2025
625,000
2.120%
27,189
652,189
08/01/2025
20,564
20,564
09/30/2025
672,753
02/01/2026
635,000
2.120%
20,564
655,564
08/01/2026
13,833
13,833
09/30/2026
669,397
02/01/2027
645,000
2.120%
13,833
658,833
08/01/2027
6,996
6,996
09/30/2027
665,829
02/01/2028
660,000
2.120%
6,996
666,996
09/30/2028
666,996
5,485,000
539,275
6,024,275
6,024,275
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 35
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$10,440,000 Combination Tax and Limited Pledge Revenues Certificates of Obligation, Series 2018
Callable 2/1/2028 at Par
Dated Date 07/01/2018
Delivery Date 08/08/2018
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
405,000
5.000%
205,968.75
610,968.75
08/01/2020
195,843.75
195,843.75
09/30/2020
806,812.50
02/01/2021
430,000
5.000%
195,843.75
625,843.75
08/01/2021
185,093.75
185,093.75
09/30/2021
810,937.50
02/01/2022
450,000
5.000%
185,093.75
635,093.75
08/01/2022
173,843.75
173,843.75
09/30/2022
808,937.50
02/01/2023
475,000
5.000%
173,843.75
648,843.75
08/01/2023
161,968.75
161,968.75
09/30/2023
810,812.50
02/01/2024
495,000
5.000%
161,968.75
656,968.75
08/01/2024
149,593.75
149,593.75
09/30/2024
806,562.50
02/01/2025
520,000
5.000%
149,593.75
669,593.75
08/01/2025
136,593.75
136,593.75
09/30/2025
806,187.50
02/01/2026
435,000
5.000%
136,593.75
571,593.75
08/01/2026
125,718.75
125,718.75
09/30/2026
697,312.50
02/01/2027
455,000
5.000%
125,718.75
580,718.75
08/01/2027
114,343.75
114,343.75
09/30/2027
695,062.50
02/01/2028
480,000
5.000%
114,343.75
594,343.75
08/01/2028
102,343.75
102,343.75
09/30/2028
696,687.50
02/01/2029
505,000
5.000%
102,343.75
607,343.75
08/01/2029
89,718.75
89,718.75
09/30/2029
697,062.50
02/01/2030
525,000
4.000%
89,718.75
614,718.75
08/01/2030
79,218.75
79,218.75
09/30/2030
693,937.50
02/01/2031
545,000
3.000%
79,218.75
624,218.75
08/01/2031
71,043.75
71,043.75
09/30/2031
695,262.50
02/01/2032
560,000
3.000%
71,043.75
631,043.75
08/01/2032
62,643.75
62,643.75
09/30/2032
693,687.50
02/01/2033
580,000
3.125%
62,643.75
642,643.75
08/01/2033
53,581.25
53,581.25
09/30/2033
696,225.00
02/01/2034
595,000
3.250%
53,581.25
648,581.25
08/01/2034
43,912.50
43,912.50
09/30/2034
692,493.75
02/01/2035
620,000
3.250%
43,912.50
663,912.50
08/01/2035
33,837.50
33,837.50
09/30/2035
697,750.00
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 36
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$10,440,000 Combination Tax and Limited Pledge Revenues Certificates of Obligation, Series 2018
Callable 2/1/2028 at Par
Period Annual
Ending Principal Coupon Interest Debt Service Debt Service
02/01/2036
640,000
3.375% 33,837.50
673,837.50
08/01/2036
23,037.50
23,037.50
09/30/2036
696,875.00
02/01/2037
660,000
3.375% 23,037.50
683,037.50
08/01/2037
11,900.00
11,900.00
09/30/2037
694,937.50
02/01/2038
680,000
3.500% 11,900.00
691,900.00
09/30/2038
691,900.00
10,055,000
3,834,443.75
13,889,443.75
13,889,443.75
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 37
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$10,440,000 Combination Tax and Limited Pledge Revenues Certificates of Obligation, Series 2018
Callable 2/1/2028 at Par
Dated Date 07/01/2018
Delivery Date 08/08/2018
General Fund Bond Component (GF)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
220,000
5.000%
96,381.25
316,381.25
08/01/2020
90,881.25
90,881.25
09/30/2020
407,262.50
02/01/2021
235,000
5.000%
90,881.25
325,881.25
08/01/2021
85,006.25
85,006.25
09/30/2021
410,887.50
02/01/2022
245,000
5.000%
85,006.25
330,006.25
08/01/2022
78,881.25
78,881.25
09/30/2022
408,887.50
02/01/2023
260,000
5.000%
78,881.25
338,881.25
08/01/2023
72,381.25
72,381.25
09/30/2023
411,262.50
02/01/2024
270,000
5.000%
72,381.25
342,381.25
08/01/2024
65,631.25
65,631.25
09/30/2024
408,012.50
02/01/2025
285,000
5.000%
65,631.25
350,631.25
08/01/2025
58,506.25
58,506.25
09/30/2025
409,137.50
02/01/2026
185,000
5.000%
58,506.25
243,506.25
08/01/2026
53,881.25
53,881.25
09/30/2026
297,387.50
02/01/2027
195,000
5.000%
53,881.25
248,881.25
08/01/2027
49,006.25
49,006.25
09/30/2027
297,887.50
02/01/2028
205,000
5.000%
49,006.25
254,006.25
08/01/2028
43,881.25
43,881.25
09/30/2028
297,887.50
02/01/2029
215,000
5.000%
43,881.25
258,881.25
08/01/2029
38,506.25
38,506.25
09/30/2029
297,387.50
02/01/2030
225,000
4.000%
38,506.25
263,506.25
08/01/2030
34,006.25
34,006.25
09/30/2030
297,512.50
02/01/2031
235,000
3.000%
34,006.25
269,006.25
08/01/2031
30,481.25
30,481.25
09/30/2031
299,487.50
02/01/2032
240,000
3.000%
30,481.25
270,481.25
08/01/2032
26,881.25
26,881.25
09/30/2032
297,362.50
02/01/2033
250,000
3.125%
26,881.25
276,881.25
08/01/2033
22,975.00
22,975.00
09/30/2033
299,856.25
02/01/2034
255,000
3.250%
22,975.00
277,975.00
08/01/2034
18,831.25
18,831.25
09/30/2034
296,806.25
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 38
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$10,440,000 Combination Tax and Limited Pledge Revenues Certificates of Obligation, Series 2018
Callable 2/1/2028 at Par
General Fund Bond Component (GF)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2035
265,000
3.250%
18,831.25
283,831.25
08/01/2035
14,525.00
14,525.00
09/30/2035
298,356.25
02/01/2036
275,000
3.375%
14,525.00
289,525.00
08/01/2036
9,884.38
9,884.38
09/30/2036
299,409.38
02/01/2037
285,000
3.375%
9,884.38
294,884.38
08/01/2037
5,075.00
5,075.00
09/30/2037
299,959.38
02/01/2038
290,000
3.500%
5,075.00
295,075.00
09/30/2038
295,075.00
4,635,000
1,694,825.01
6,329,825.01
6,329,825.01
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 39
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$10,440,000 Combination Tax and Limited Pledge Revenues Certificates of Obligation, Series 2018
Callable 2/1/2028 at Par
Dated Date 07/01/2018
Delivery Date 08/08/2018
Utility Fund Component (UF)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
185,000
5.000%
109,587.50
294,587.50
08/01/2020
104,962.50
104,962.50
09/30/2020
399,550.00
02/01/2021
195,000
5.000%
104,962.50
299,962.50
08/01/2021
100,087.50
100,087.50
09/30/2021
400,050.00
02/01/2022
205,000
5.000%
100,087.50
305,087.50
08/01/2022
94,962.50
94,962.50
09/30/2022
400,050.00
02/01/2023
215,000
5.000%
94,962.50
309,962.50
08/01/2023
89,587.50
89,587.50
09/30/2023
399,550.00
02/01/2024
225,000
5.000%
89,587.50
314,587.50
08/01/2024
83,962.50
83,962.50
09/30/2024
398,550.00
02/01/2025
235,000
5.000%
83,962.50
318,962.50
08/01/2025
78,087.50
78,087.50
09/30/2025
397,050.00
02/01/2026
250,000
5.000%
78,087.50
328,087.50
08/01/2026
71,837.50
71,837.50
09/30/2026
399,925.00
02/01/2027
260,000
5.000%
71,837.50
331,837.50
08/01/2027
65,337.50
65,337.50
09/30/2027
397,175.00
02/01/2028
275,000
5.000%
65,337.50
340,337.50
08/01/2028
58,462.50
58,462.50
09/30/2028
398,800.00
02/01/2029
290,000
5.000%
58,462.50
348,462.50
08/01/2029
51,212.50
51,212.50
09/30/2029
399,675.00
02/01/2030
300,000
4.000%
51,212.50
351,212.50
08/01/2030
45,212.50
45,212.50
09/30/2030
396,425.00
02/01/2031
310,000
3.000%
45,212.50
355,212.50
08/01/2031
40,562.50
40,562.50
09/30/2031
395,775.00
02/01/2032
320,000
3.000%
40,562.50
360,562.50
08/01/2032
35,762.50
35,762.50
09/30/2032
396,325.00
02/01/2033
330,000
3.125%
35,762.50
365,762.50
08/01/2033
30,606.25
30,606.25
09/30/2033
396,368.75
02/01/2034
340,000
3.250%
30,606.25
370,606.25
08/01/2034
25,081.25
25,081.25
09/30/2034
395,687.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 40
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$10,440,000 Combination Tax and Limited Pledge Revenues Certificates of Obligation, Series 2018
Callable 2/1/2028 at Par
Utility Fund Component (UF)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2035
355,000
3.250%
25,081.25
380,081.25
08/01/2035
19,312.50
19,312.50
09/30/2035
399,393.75
02/01/2036
365,000
3.375%
19,312.50
384,312.50
08/01/2036
13,153.13
13,153.13
09/30/2036
397,465.63
02/01/2037
375,000
3.375%
13,153.13
388,153.13
08/01/2037
6,825.00
6,825.00
09/30/2037
394,978.13
02/01/2038
390,000
3.500%
6,825.00
396,825.00
09/30/2038
396,825.00
5,420,000
2,139,618.76
7,559,618.76
7,559,618.76
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 41
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$8,570,000 General Obligation and Refunding Bonds, Series 2018
Callable 2/1/2028 at Par
Dated Date 10/15/2018
Delivery Date 11/27/2018
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
915,000
5.000%
189,471.88
1,104,471.88
08/01/2020
166,596.88
166,596.88
09/30/2020
1,271,068.76
02/01/2021
880,000
5.000%
166,596.88
1,046,596.88
08/01/2021
144,596.88
144,596.88
09/30/2021
1,191,193.76
02/01/2022
555,000
5.000%
144,596.88
699,596.88
08/01/2022
130,721.88
130,721.88
09/30/2022
830,318.76
02/01/2023
595,000
5.000%
130,721.88
725,721.88
08/01/2023
115,846.88
115,846.88
09/30/2023
841,568.76
02/01/2024
660,000
5.000%
115,846.88
775,846.88
08/01/2024
99,346.88
99,346.88
09/30/2024
875,193.76
02/01/2025
670,000
5.000%
99,346.88
769,346.88
08/01/2025
82,596.88
82,596.88
09/30/2025
851,943.76
02/01/2026
700,000
5.000%
82,596.88
782,596.88
08/01/2026
65,096.88
65,096.88
09/30/2026
847,693.76
02/01/2027
260,000
5.000%
65,096.88
325,096.88
08/01/2027
58,596.88
58,596.88
09/30/2027
383,693.76
02/01/2028
570,000
4.000%
58,596.88
628,596.88
08/01/2028
47,196.88
47,196.88
09/30/2028
675,793.76
02/01/2029
495,000
4.000%
47,196.88
542,196.88
08/01/2029
37,296.88
37,296.88
09/30/2029
579,493.76
02/01/2030
515,000
4.000%
37,296.88
552,296.88
08/01/2030
26,996.88
26,996.88
09/30/2030
579,293.76
02/01/2031
535,000
3.125%
26,996.88
561,996.88
08/01/2031
18,637.50
18,637.50
09/30/2031
580,634.38
02/01/2032
555,000
3.250%
18,637.50
573,637.50
08/01/2032
9,618.75
9,618.75
09/30/2032
583,256.25
02/01/2033
570,000
3.375%
9,618.75
579,618.75
09/30/2033
579,618.75
8,475,000
2,195,765.74
10,670,765.74
10,670,765.74
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 42
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$8,570,000 General Obligation and Refunding Bonds, Series 2018
Callable 2/1/2028 at Par
Dated Date 10/15/2018
Delivery Date 11/27/2018
General Fund Bond Component (GF)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
580,000
5.000%
120,971.88
700,971.88
08/01/2020
106,471.88
106,471.88
09/30/2020
807,443.76
02/01/2021
530,000
5.000%
106,471.88
636,471.88
08/01/2021
93,221.88
93,221.88
09/30/2021
729,693.76
02/01/2022
185,000
5.000%
93,221.88
278,221.88
08/01/2022
88,596.88
88,596.88
09/30/2022
366,818.76
02/01/2023
205,000
5.000%
88,596.88
293,596.88
08/01/2023
83,471.88
83,471.88
09/30/2023
377,068.76
02/01/2024
250,000
5.000%
83,471.88
333,471.88
08/01/2024
77,221.88
77,221.88
09/30/2024
410,693.76
02/01/2025
235,000
5.000%
77,221.88
312,221.88
08/01/2025
71,346.88
71,346.88
09/30/2025
383,568.76
02/01/2026
250,000
5.000%
71,346.88
321,346.88
08/01/2026
65,096.88
65,096.88
09/30/2026
386,443.76
02/01/2027
260,000
5.000%
65,096.88
325,096.88
08/01/2027
58,596.88
58,596.88
09/30/2027
383,693.76
02/01/2028
570,000
4.000%
58,596.88
628,596.88
08/01/2028
47,196.88
47,196.88
09/30/2028
675,793.76
02/01/2029
495,000
4.000%
47,196.88
542,196.88
08/01/2029
37,296.88
37,296.88
09/30/2029
579,493.76
02/01/2030
515,000
4.000%
37,296.88
552,296.88
08/01/2030
26,996.88
26,996.88
09/30/2030
579,293.76
02/01/2031
535,000
3.125%
26,996.88
561,996.88
08/01/2031
18,637.50
18,637.50
09/30/2031
580,634.38
02/01/2032
555,000
3.250%
18,637.50
573,637.50
08/01/2032
9,618.75
9,618.75
09/30/2032
583,256.25
02/01/2033
570,000
3.375%
9,618.75
579,618.75
09/30/2033
579,618.75
5,735,000
1,688,515.74
7,423,515.74
7,423,515.74
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 43
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$8,570,000 General Obligation and Refunding Bonds, Series 2018
Callable 2/1/2028 at Par
Dated Date 10/15/2018
Delivery Date 11/27/2018
Utility Fund Bond Component (UF)
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 44
Annual
Period
Debt
Debt
Ending
Principal
Coupon
Interest
Service
Service
02/01/2020
335,000
5.000%
68,500
403,500
08/01/2020
60,125
60,125
09/30/2020
463,625
02/01/2021
350,000
5.000%
60,125
410,125
08/01/2021
51,375
51,375
09/30/2021
461,500
02/01/2022
370,000
5.000%
51,375
421,375
08/01/2022
42,125
42,125
09/30/2022
463,500
02/01/2023
390,000
5.000%
42,125
432,125
08/01/2023
32,375
32,375
09/30/2023
464,500
02/01/2024
410,000
5.000%
32,375
442,375
08/01/2024
22,125
22,125
09/30/2024
464,500
02/01/2025
435,000
5.000%
22,125
457,125
08/01/2025
11,250
11,250
09/30/2025
468,375
02/01/2026
450,000
5.000%
11,250
461,250
09/30/2026
461,250
2,740,000
507,250
3,247,250
3,247,250
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 44
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$7,495,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2019
Callable 2/1/2028 at Par
Dated Date 08/01/2019
Delivery Date 08/21/2019
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
375,000
3.000%
123,312.50
498,312.50
08/01/2020
117,687.50
117,687.50
09/30/2020
616,000.00
02/01/2021
385,000
3.000%
117,687.50
502,687.50
08/01/2021
111,912.50
111,912.50
09/30/2021
614,600.00
02/01/2022
395,000
3.000%
111,912.50
506,912.50
08/01/2022
105,987.50
105,987.50
09/30/2022
612,900.00
02/01/2023
410,000
3.000%
105,987.50
515,987.50
08/01/2023
99,837.50
99,837.50
09/30/2023
615,825.00
02/01/2024
420,000
5.000%
99,837.50
519,837.50
08/01/2024
89,337.50
89,337.50
09/30/2024
609,175.00
02/01/2025
435,000
4.000%
89,337.50
524,337.50
08/01/2025
80,637.50
80,637.50
09/30/2025
604,975.00
02/01/2026
460,000
4.000%
80,637.50
540,637.50
08/01/2026
71,437.50
71,437.50
09/30/2026
612,075.00
02/01/2027
295,000
4.000%
71,437.50
366,437.50
08/01/2027
65,537.50
65,537.50
09/30/2027
431,975.00
02/01/2028
305,000
4.000%
65,537.50
370,537.50
08/01/2028
59,437.50
59,437.50
09/30/2028
429,975.00
02/01/2029
315,000
2.500%
59,437.50
374,437.50
08/01/2029
55,500.00
55,500.00
09/30/2029
429,937.50
02/01/2030
320,000
3.000%
55,500.00
375,500.00
08/01/2030
50,700.00
50,700.00
09/30/2030
426,200.00
02/01/2031
330,000
3.000%
50,700.00
380,700.00
08/01/2031
45,750.00
45,750.00
09/30/2031
426,450.00
02/01/2032
340,000
3.000%
45,750.00
385,750.00
08/01/2032
40,650.00
40,650.00
09/30/2032
426,400.00
02/01/2033
355,000
3.000%
40,650.00
395,650.00
08/01/2033
35,325.00
35,325.00
09/30/2033
430,975.00
02/01/2034
365,000
3.000%
35,325.00
400,325.00
08/01/2034
29,850.00
29,850.00
09/30/2034
430,175.00
02/01/2035
375,000
3.000%
29,850.00
404,850.00
08/01/2035
24,225.00
24,225.00
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 45
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$7,495,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2019
Callable 2/1/2028 at Par
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
09/30/2035
429,075.00
02/01/2036
385,000
3.000%
24,225.00
409,225.00
08/01/2036
18,450.00
18,450.00
09/30/2036
427,675.00
02/01/2037
400,000
3.000%
18,450.00
418,450.00
08/01/2037
12,450.00
12,450.00
09/30/2037
430,900.00
02/01/2038
410,000
3.000%
12,450.00
422,450.00
08/01/2038
6,300.00
6,300.00
09/30/2038
428,750.00
02/01/2039
420,000
3.000%
6,300.00
426,300.00
09/30/2039
426,300.00
7,495,000
2,365,337.50
9,860,337.50
9,860,337.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 46
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$7,495,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2019
Callable 2/1/2028 at Par
Dated Date 08/01/2019
Delivery Date 08/21/2019
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
375,000
3.000%
123,312.50
498,312.50
08/01/2020
117,687.50
117,687.50
09/30/2020
616,000.00
02/01/2021
385,000
3.000%
117,687.50
502,687.50
08/01/2021
111,912.50
111,912.50
09/30/2021
614,600.00
02/01/2022
395,000
3.000%
111,912.50
506,912.50
08/01/2022
105,987.50
105,987.50
09/30/2022
612,900.00
02/01/2023
410,000
3.000%
105,987.50
515,987.50
08/01/2023
99,837.50
99,837.50
09/30/2023
615,825.00
02/01/2024
420,000
5.000%
99,837.50
519,837.50
08/01/2024
89,337.50
89,337.50
09/30/2024
609,175.00
02/01/2025
435,000
4.000%
89,337.50
524,337.50
08/01/2025
80,637.50
80,637.50
09/30/2025
604,975.00
02/01/2026
460,000
4.000%
80,637.50
540,637.50
08/01/2026
71,437.50
71,437.50
09/30/2026
612,075.00
02/01/2027
295,000
4.000%
71,437.50
366,437.50
08/01/2027
65,537.50
65,537.50
09/30/2027
431,975.00
02/01/2028
305,000
4.000%
65,537.50
370,537.50
08/01/2028
59,437.50
59,437.50
09/30/2028
429,975.00
02/01/2029
315,000
2.500%
59,437.50
374,437.50
08/01/2029
55,500.00
55,500.00
09/30/2029
429,937.50
02/01/2030
320,000
3.000%
55,500.00
375,500.00
08/01/2030
50,700.00
50,700.00
09/30/2030
426,200.00
02/01/2031
330,000
3.000%
50,700.00
380,700.00
08/01/2031
45,750.00
45,750.00
09/30/2031
426,450.00
02/01/2032
340,000
3.000%
45,750.00
385,750.00
08/01/2032
40,650.00
40,650.00
09/30/2032
426,400.00
02/01/2033
355,000
3.000%
40,650.00
395,650.00
08/01/2033
35,325.00
35,325.00
09/30/2033
430,975.00
02/01/2034
365,000
3.000%
35,325.00
400,325.00
08/01/2034
29,850.00
29,850.00
09/30/2034
430,175.00
02/01/2035
375,000
3.000%
29,850.00
404,850.00
08/01/2035
24,225.00
24,225.00
09/30/2035
429,075.00
Aug 1, 2019 3:13 pm Prepared by ATF ( y: \dbc \Schertz:SCHERTZ- 2019_GF) Page 47
Capital
BOND DEBT SERVICE
City of Schertz, Texas
$7,495,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2019
Callable 2/1/2028 at Par
Period Annual
Ending Principal Coupon Interest Debt Service Debt Service
02/01/2036
385,000
3.000% 24,225.00
409,225.00
08/01/2036
18,450.00
18,450.00
09/30/2036
427,675.00
02/01/2037
400,000
3.000% 18,450.00
418,450.00
08/01/2037
12,450.00
12,450.00
09/30/2037
430,900.00
02/01/2038
410,000
3.000% 12,450.00
422,450.00
08/01/2038
6,300.00
6,300.00
09/30/2038
428,750.00
02/01/2039
420,000
3.000% 6,300.00
426,300.00
09/30/2039
426,300.00
7,495,000
2,365,337.50
9,860,337.50
9,860,337.50
Aug 1, 2019 3:13 pm Prepared by ATF ( y: \dbc \Schertz:SCHERTZ- 2019_GF) Page 48
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$7,495,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2019
Callable 2/1/2028 at Par
Dated Date 08/01/2019
Delivery Date 08/21/2019
Road Improvement Component (GF)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
105,000
3.000%
46,737.50
151,737.50
08/01/2020
45,162.50
45,162.50
09/30/2020
196,900.00
02/01/2021
105,000
3.000%
45,162.50
150,162.50
08/01/2021
43,587.50
43,587.50
09/30/2021
193,750.00
02/01/2022
110,000
3.000%
43,587.50
153,587.50
08/01/2022
41,937.50
41,937.50
09/30/2022
195,525.00
02/01/2023
115,000
3.000%
41,937.50
156,937.50
08/01/2023
40,212.50
40,212.50
09/30/2023
197,150.00
02/01/2024
115,000
5.000%
40,212.50
155,212.50
08/01/2024
37,337.50
37,337.50
09/30/2024
192,550.00
02/01/2025
120,000
4.000%
37,337.50
157,337.50
08/01/2025
34,937.50
34,937.50
09/30/2025
192,275.00
02/01/2026
125,000
4.000%
34,937.50
159,937.50
08/01/2026
32,437.50
32,437.50
09/30/2026
192,375.00
02/01/2027
135,000
4.000%
32,437.50
167,437.50
08/01/2027
29,737.50
29,737.50
09/30/2027
197,175.00
02/01/2028
140,000
4.000%
29,737.50
169,737.50
08/01/2028
26,937.50
26,937.50
09/30/2028
196,675.00
02/01/2029
145,000
2.500%
26,937.50
171,937.50
08/01/2029
25,125.00
25,125.00
09/30/2029
197,062.50
02/01/2030
145,000
3.000%
25,125.00
170,125.00
08/01/2030
22,950.00
22,950.00
09/30/2030
193,075.00
02/01/2031
150,000
3.000%
22,950.00
172,950.00
08/01/2031
20,700.00
20,700.00
09/30/2031
193,650.00
02/01/2032
155,000
3.000%
20,700.00
175,700.00
08/01/2032
18,375.00
18,375.00
09/30/2032
194,075.00
02/01/2033
160,000
3.000%
18,375.00
178,375.00
08/01/2033
15,975.00
15,975.00
09/30/2033
194,350.00
02/01/2034
165,000
3.000%
15,975.00
180,975.00
08/01/2034
13,500.00
13,500.00
09/30/2034
194,475.00
Aug 1, 2019 3:13 pm Prepared by ATF ( y: \dbc \Schertz:SCHERTZ- 2019_GF) Page 49
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$7,495,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2019
Callable 2/1/2028 at Par
Road Improvement Component (GF)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2035
170,000
3.000%
13,500.00
183,500.00
08/01/2035
10,950.00
10,950.00
09/30/2035
194,450.00
02/01/2036
175,000
1000%
10,950.00
185,950.00
08/01/2036
8,325.00
8,325.00
09/30/2036
194,275.00
02/01/2037
180,000
3.000%
8,325.00
188,325.00
08/01/2037
5,625.00
5,625.00
09/30/2037
193,950.00
02/01/2038
185,000
3.000%
5,625.00
190,625.00
08/01/2038
2,850.00
2,850.00
09/30/2038
193,475.00
02/01/2039
190,000
3.000%
2,850.00
192,850.00
09/30/2039
192,850.00
2,890,000
1,000,062.50
3,890,062.50
3,890,062.50
Aug 1, 2019 3:13 pm Prepared by ATF ( y: \dbc \Schertz:SCHERTZ- 2019_GF) Page 50
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$7,495,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2019
Callable 2/1/2028 at Par
Dated Date 08/01/2019
Delivery Date 08/21/2019
Fire Truck Component (FT)
Aug 1, 2019 3:13 pm Prepared by ATF ( y: \dbc \Schertz:SCHERTZ- 2019_GF) Page 51
Annual
Period
Debt
Debt
Ending
Principal
Coupon
Interest
Service
Service
02/01/2020
145,000
3.000%
20,275
165,275
08/01/2020
18,100
18,100
09/30/2020
183,375
02/01/2021
150,000
3.000%
18,100
168,100
08/01/2021
15,850
15,850
09/30/2021
183,950
02/01/2022
155,000
3.000%
15,850
170,850
08/01/2022
13,525
13,525
09/30/2022
184,375
02/01/2023
160,000
3.000%
13,525
173,525
08/01/2023
11,125
11,125
09/30/2023
184,650
02/01/2024
165,000
5.000%
11,125
176,125
08/01/2024
7,000
7,000
09/30/2024
183,125
02/01/2025
170,000
4.000%
7,000
177,000
08/01/2025
3,600
3,600
09/30/2025
180,600
02/01/2026
180,000
4.000%
3,600
183,600
09/30/2026
183,600
1,125,000
158,675
1,283,675
1,283,675
Aug 1, 2019 3:13 pm Prepared by ATF ( y: \dbc \Schertz:SCHERTZ- 2019_GF) Page 51
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$7,495,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2019
Callable 2/1/2028 at Par
Dated Date 08/01/2019
Delivery Date 08/21/2019
Utility Fund Component (UF)
Period
Ending
Principal
Coupon
Interest
Debt
Service
Annual
Debt
Service
02/01/2020
125,000
3.000%
56,300
181,300
08/01/2020
54,425
54,425
09/30/2020
235,725
02/01/2021
130,000
3.000%
54,425
184,425
08/01/2021
52,475
52,475
09/30/2021
236,900
02/01/2022
130,000
3.000%
52,475
182,475
08/01/2022
50,525
50,525
09/30/2022
233,000
02/01/2023
135,000
3.000%
50,525
185,525
08/01/2023
48,500
48,500
09/30/2023
234,025
02/01/2024
140,000
5.000%
48,500
188,500
08/01/2024
45,000
45,000
09/30/2024
233,500
02/01/2025
145,000
4.000%
45,000
190,000
08/01/2025
42,100
42,100
09/30/2025
232,100
02/01/2026
155,000
4.000%
42,100
197,100
08/01/2026
39,000
39,000
09/30/2026
236,100
02/01/2027
160,000
4.000%
39,000
199,000
08/01/2027
35,800
35,800
09/30/2027
234,800
02/01/2028
165,000
4.000%
35,800
200,800
08/01/2028
32,500
32,500
09/30/2028
233,300
02/01/2029
170,000
2.500%
32,500
202,500
08/01/2029
30,375
30,375
09/30/2029
232,875
02/01/2030
175,000
3.000%
30,375
205,375
08/01/2030
27,750
27,750
09/30/2030
233,125
02/01/2031
180,000
3.000%
27,750
207,750
08/01/2031
25,050
25,050
09/30/2031
232,800
02/01/2032
185,000
3.000%
25,050
210,050
08/01/2032
22,275
22,275
09/30/2032
232,325
02/01/2033
195,000
3.000%
22,275
217,275
08/01/2033
19,350
19,350
09/30/2033
236,625
02/01/2034
200,000
3.000%
19,350
219,350
08/01/2034
16,350
16,350
Aug 1, 2019 3:13 pm Prepared by ATF ( y: \dbc \Schertz:SCHERTZ- 2019_GF) Page 52
Capital
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
$7,495,000 Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2019
Callable 2/1/2028 at Par
Utility Fund Component (UF)
Aug 1, 2019 3:13 pm Prepared by ATF ( y: \dbc \Schertz:SCHERTZ- 2019_GF) Page 53
Annual
Period
Debt
Debt
Ending
Principal
Coupon
Interest
Service
Service
09/30/2034
235,700
02/01/2035
205,000
3.000%
16,350
221,350
08/01/2035
13,275
13,275
09/30/2035
234,625
02/01/2036
210,000
3.000%
13,275
223,275
08/01/2036
10,125
10,125
09/30/2036
233,400
02/01/2037
220,000
3.000%
10,125
230,125
08/01/2037
6,825
6,825
09/30/2037
236,950
02/01/2038
225,000
3.000%
6,825
231,825
08/01/2038
3,450
3,450
09/30/2038
235,275
02/01/2039
230,000
3.000%
3,450
233,450
09/30/2039
233,450
3,480,000
1,206,600
4,686,600
4,686,600
Aug 1, 2019 3:13 pm Prepared by ATF ( y: \dbc \Schertz:SCHERTZ- 2019_GF) Page 53
Capital
BOND DEBT SERVICE
$41,040,000 Contract Revenue Bonds, Series 2001
Schertz /Seguin Local Government Corp.
Non Callable
Dated Date 08/01/2006
Delivery Date 08/01/2006
Period
Ending
Principal
Coupon Interest
Debt
Service
Annual
Debt
Service
02/01/2020
260,000
260,000
08/01/2020
260,000
260,000
09/30/2020
520,000
02/01/2021
260,000
260,000
08/01/2021
260,000
260,000
09/30/2021
520,000
02/01/2022
260,000
260,000
08/01/2022
260,000
260,000
09/30/2022
520,000
02/01/2023
260,000
260,000
08/01/2023
260,000
260,000
09/30/2023
520,000
02/01/2024
260,000
260,000
08/01/2024
260,000
260,000
09/30/2024
520,000
02/01/2025
260,000
260,000
08/01/2025
260,000
260,000
09/30/2025
520,000
02/01/2026
260,000
260,000
08/01/2026
260,000
260,000
09/30/2026
520,000
02/01/2027
260,000
260,000
08/01/2027
260,000
260,000
09/30/2027
520,000
02/01/2028
260,000
260,000
08/01/2028
260,000
260,000
09/30/2028
520,000
02/01/2029
260,000
260,000
08/01/2029
260,000
260,000
09/30/2029
520,000
02/01/2030
260,000
260,000
08/01/2030
260,000
260,000
09/30/2030
520,000
02/01/2031
1,795,000
5.200% 260,000
2,055,000
08/01/2031
213,330
213,330
09/30/2031
2,268,330
02/01/2032
1,895,000
5.200% 213,330
2,108,330
08/01/2032
164,060
164,060
09/30/2032
2,272,390
02/01/2033
1,995,000
5.200% 164,060
2,159,060
08/01/2033
112,190
112,190
09/30/2033
2,271,250
02/01/2034
2,100,000
5.200% 112,190
2,212,190
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 54
BOND DEBT SERVICE
$41,040,000 Contract Revenue Bonds, Series 2001
Schertz /Seguin Local Government Corp.
Non Callable
Annual
Period Debt Debt
Ending Principal Coupon Interest Service Service
08/01/2034 57,590 57,590
09/30/2034 2,269,780
02/01/2035 2,215,000 5.200% 57,590 2,272,590
09/30/2035 2,272,590
10,000,000 7,074,340 17,074,340 17,074,340
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 55
Capital
BOND DEBT SERVICE
$25,425,000 Contract Revenue Bonds, Series 2012 (SAWS Expansion Water Treatment Project 2)
Schertz /Seguin Local Government Corp.
Callable 2/1/2020 at Par
Dated Date 06/01/2012
Delivery Date 07/19/2012
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
670,000
4.000%
426,793.75
1,096,793.75
08/01/2020
413,393.75
413,393.75
09/30/2020
1,510,187.50
02/01/2021
700,000
4.000%
413,393.75
1,113,393.75
08/01/2021
399,393.75
399,393.75
09/30/2021
1,512,787.50
02/01/2022
725,000
4.000%
399,393.75
1,124,393.75
08/01/2022
384,893.75
384,893.75
09/30/2022
1,509,287.50
02/01/2023
755,000
4.000%
384,893.75
1,139,893.75
08/01/2023
369,793.75
369,793.75
09/30/2023
1,509,687.50
02/01/2024
785,000
4.000%
369,793.75
1,154,793.75
08/01/2024
354,093.75
354,093.75
09/30/2024
1,508,887.50
02/01/2025
815,000
3.000%
354,093.75
1,169,093.75
08/01/2025
341,868.75
341,868.75
09/30/2025
1,510,962.50
02/01/2026
840,000
3.000%
341,868.75
1,181,868.75
08/01/2026
329,268.75
329,268.75
09/30/2026
1,511,137.50
02/01/2027
865,000
3.125%
329,268.75
1,194,268.75
08/01/2027
315,753.13
315,753.13
09/30/2027
1,510,021.88
02/01/2028
895,000
3.625%
315,753.13
1,210,753.13
08/01/2028
299,531.25
299,531.25
09/30/2028
1,510,284.38
02/01/2029
930,000
3.625%
299,531.25
1,229,531.25
08/01/2029
282,675.00
282,675.00
09/30/2029
1,512,206.25
02/01/2030
965,000
3.625%
282,675.00
1,247,675.00
08/01/2030
265,184.38
265,184.38
09/30/2030
1,512,859.38
02/01/2031
1,000,000
3.625%
265,184.38
1,265,184.38
08/01/2031
247,059.38
247,059.38
09/30/2031
1,512,243.76
02/01/2032
1,035,000
3.625%
247,059.38
1,282,059.38
08/01/2032
228,300.00
228,300.00
09/30/2032
1,510,359.38
02/01/2033
1,075,000
4.000%
228,300.00
1,303,300.00
08/01/2033
206,800.00
206,800.00
09/30/2033
1,510,100.00
02/01/2034
1,120,000
4.000%
206,800.00
1,326,800.00
08/01/2034
184,400.00
184,400.00
09/30/2034
1,511,200.00
02/01/2035
1,165,000
4.000%
184,400.00
1,349,400.00
08/01/2035
161,100.00
161,100.00
09/30/2035
1,510,500.00
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 56
Capital
BOND DEBT SERVICE
$25,425,000 Contract Revenue Bonds, Series 2012 (SAWS Expansion Water Treatment Project 2)
Schertz /Seguin Local Government Corp.
Callable 2/1/2020 at Par
Period Annual
Ending Principal Coupon Interest Debt Service Debt Service
02/01/2036
1,210,000
4.000%
161,100.00
1,371,100.00
08/01/2036
136,900.00
136,900.00
09/30/2036
1,508,000.00
02/01/2037
1,260,000
4.000%
136,900.00
1,396,900.00
08/01/2037
111,700.00
111,700.00
09/30/2037
1,508,600.00
02/01/2038
1,315,000
4.000%
111,700.00
1,426,700.00
08/01/2038
85,400.00
85,400.00
09/30/2038
1,512,100.00
02/01/2039
1,365,000
4.000%
85,400.00
1,450,400.00
08/01/2039
58,100.00
58,100.00
09/30/2039
1,508,500.00
02/01/2040
1,425,000
4.000%
58,100.00
1,483,100.00
08/01/2040
29,600.00
29,600.00
09/30/2040
1,512,700.00
02/01/2041
1,480,000
4.000%
29,600.00
1,509,600.00
09/30/2041
1,509,600.00
22,395,000
10,837,212.53
33,232,212.53
33,232,212.53
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 57
Capital
BOND DEBT SERVICE
$6,275,000 Contract Revenue Refunding Bonds, Series 2014
Schertz /Seguin Local Government Corp.
Callable 2/1/2022
Dated Date 09/01/2014
Delivery Date 10/15/2014
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
555,000
3.000%
58,887.50
613,887.50
08/01/2020
50,562.50
50,562.50
09/30/2020
664,450.00
02/01/2021
570,000
3.000%
50,562.50
620,562.50
08/01/2021
42,012.50
42,012.50
09/30/2021
662,575.00
02/01/2022
590,000
3.000%
42,012.50
632,012.50
08/01/2022
33,162.50
33,162.50
09/30/2022
665,175.00
02/01/2023
610,000
3.500%
33,162.50
643,162.50
08/01/2023
22,487.50
22,487.50
09/30/2023
665,650.00
02/01/2024
630,000
3.500%
22,487.50
652,487.50
08/01/2024
11,462.50
11,462.50
09/30/2024
663,950.00
02/01/2025
655,000
3.500%
11,462.50
666,462.50
09/30/2025
666,462.50
3,610,000
378,262.50
3,988,262.50
3,988,262.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 58
Capital
BOND DEBT SERVICE
$41,720,000 Contract Revenue Improvement and Refunding Bonds, New Series 2015
Schertz /Seguin Local Government Corp.
Callable 2/1/2023 at Par
Dated Date 12/01/2014
Delivery Date 01/13/2015
Period
Ending
Principal
Coupon
Interest
Debt
Service
Annual
Debt
Service
02/01/2020
775,000
3.000%
840,400
1,615,400
08/01/2020
828,775
828,775
09/30/2020
2,444,175
02/01/2021
785,000
4.000%
828,775
1,613,775
08/01/2021
813,075
813,075
09/30/2021
2,426,850
02/01/2022
825,000
4.000%
813,075
1,638,075
08/01/2022
796,575
796,575
09/30/2022
2,434,650
02/01/2023
860,000
4.000%
796,575
1,656,575
08/01/2023
779,375
779,375
09/30/2023
2,435,950
02/01/2024
900,000
5.000%
779,375
1,679,375
08/01/2024
756,875
756,875
09/30/2024
2,436,250
02/01/2025
945,000
5.000%
756,875
1,701,875
08/01/2025
733,250
733,250
09/30/2025
2,435,125
02/01/2026
1,805,000
5.000%
733,250
2,538,250
08/01/2026
688,125
688,125
09/30/2026
3,226,375
02/01/2027
1,885,000
5.000%
688,125
2,573,125
08/01/2027
641,000
641,000
09/30/2027
3,214,125
02/01/2028
1,990,000
5.000%
641,000
2,631,000
08/01/2028
591,250
591,250
09/30/2028
3,222,250
02/01/2029
2,090,000
5.000%
591,250
2,681,250
08/01/2029
539,000
539,000
09/30/2029
3,220,250
02/01/2030
2,190,000
5.000%
539,000
2,729,000
08/01/2030
484,250
484,250
09/30/2030
3,213,250
02/01/2031
520,000
5.000%
484,250
1,004,250
08/01/2031
471,250
471,250
09/30/2031
1,475,500
02/01/2032
550,000
5.000%
471,250
1,021,250
08/01/2032
457,500
457,500
09/30/2032
1,478,750
02/01/2033
580,000
5.000%
457,500
1,037,500
08/01/2033
443,000
443,000
09/30/2033
1,480,500
02/01/2034
610,000
4.000%
443,000
1,053,000
08/01/2034
430,800
430,800
09/30/2034
1,483,800
02/01/2035
630,000
4.000%
430,800
1,060,800
08/01/2035
418,200
418,200
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 59
Capital
BOND DEBT SERVICE
$41,720,000 Contract Revenue Improvement and Refunding Bonds, New Series 2015
Schertz /Seguin Local Government Corp.
Callable 2/1/2023 at Par
Period
Ending
Principal
Coupon
Interest
Debt
Service
Annual
Debt
Service
09/30/2035
1,479,000
02/01/2036
2,960,000
4.000%
418,200
3,378,200
08/01/2036
359,000
359,000
09/30/2036
3,737,200
02/01/2037
3,085,000
4.000%
359,000
3,444,000
08/01/2037
297,300
297,300
09/30/2037
3,741,300
02/01/2038
3,220,000
4.000%
297,300
3,517,300
08/01/2038
232,900
232,900
09/30/2038
3,750,200
02/01/2039
3,345,000
4.000%
232,900
3,577,900
08/01/2039
166,000
166,000
09/30/2039
3,743,900
02/01/2040
3,480,000
4.000%
166,000
3,646,000
08/01/2040
96,400
96,400
09/30/2040
3,742,400
02/01/2041
3,620,000
4.000%
96,400
3,716,400
08/01/2041
24,000
24,000
09/30/2041
3,740,400
02/01/2042
385,000
4.000%
24,000
409,000
08/01/2042
16,300
16,300
09/30/2042
425,300
02/01/2043
400,000
4.000%
16,300
416,300
08/01/2043
8,300
8,300
09/30/2043
424,600
02/01/2044
415,000
4.000%
8,300
423,300
09/30/2044
423,300
38,850,000
22,985,400
61,835,400
61,835,400
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 60
Capital
BOND DEBT SERVICE
$43,670,000 Contract Revenue Bonds, New Series 2016 (TWDB SWIRFT Project Financing)
Schertz /Seguin Local Government Corp.
Callable 8/1/2027 at Par
Dated Date 08/01/2016
Delivery Date 11/16/2016
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2020
495,765.50
495,765.50
08/01/2020
1,240,000
0.860%
495,765.50
1,735,765.50
09/30/2020
2,231,531.00
02/01/2021
490,433.50
490,433.50
08/01/2021
1,250,000
0.930%
490,433.50
1,740,433.50
09/30/2021
2,230,867.00
02/01/2022
484,621.00
484,621.00
08/01/2022
1,260,000
1.020%
484,621.00
1,744,621.00
09/30/2022
2,229,242.00
02/01/2023
478,195.00
478,195.00
08/01/2023
1,270,000
1.120%
478,195.00
1,748,195.00
09/30/2023
2,226,390.00
02/01/2024
471,083.00
471,083.00
08/01/2024
1,285,000
1.230%
471,083.00
1,756,083.00
09/30/2024
2,227,166.00
02/01/2025
463,180.25
463,180.25
08/01/2025
1,300,000
1.320%
463,180.25
1,763,180.25
09/30/2025
2,226,360.50
02/01/2026
454,600.25
454,600.25
08/01/2026
1,315,000
1.410%
454,600.25
1,769,600.25
09/30/2026
2,224,200.50
02/01/2027
445,329.50
445,329.50
08/01/2027
1,335,000
1.610%
445,329.50
1,780,329.50
09/30/2027
2,225,659.00
02/01/2028
434,582.75
434,582.75
08/01/2028
1,350,000
1.730%
434,582.75
1,784,582.75
09/30/2028
2,219,165.50
02/01/2029
422,905.25
422,905.25
08/01/2029
1,375,000
2.060%
422,905.25
1,797,905.25
09/30/2029
2,220,810.50
02/01/2030
408,742.75
408,742.75
08/01/2030
1,400,000
2.230%
408,742.75
1,808,742.75
09/30/2030
2,217,485.50
02/01/2031
393,132.75
393,132.75
08/01/2031
1,430,000
2.340%
393,132.75
1,823,132.75
09/30/2031
2,216,265.50
02/01/2032
376,401.75
376,401.75
08/01/2032
1,465,000
2.390%
376,401.75
1,841,401.75
09/30/2032
2,217,803.50
02/01/2033
358,895.00
358,895.00
08/01/2033
1,500,000
2.450%
358,895.00
1,858,895.00
09/30/2033
2,217,790.00
02/01/2034
340,520.00
340,520.00
08/01/2034
1,535,000
2.580%
340,520.00
1,875,520.00
09/30/2034
2,216,040.00
02/01/2035
320,718.50
320,718.50
08/01/2035
1,575,000
2.560%
320,718.50
1,895,718.50
09/30/2035
2,216,437.00
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 61
Capital
BOND DEBT SERVICE
$43,670,000 Contract Revenue Bonds, New Series 2016 (TWDB SWIRFT Project Financing)
Schertz /Seguin Local Government Corp.
Callable 8/1/2027 at Par
Period Annual
Ending Principal Coupon Interest Debt Service Debt Service
02/01/2036
300,558.50
300,558.50
08/01/2036
1,615,000
2.600%
300,558.50
1,915,558.50
09/30/2036
2,216,117.00
02/01/2037
279,563.50
279,563.50
08/01/2037
1,660,000
2.780%
279,563.50
1,939,563.50
09/30/2037
2,219,127.00
02/01/2038
256,489.50
256,489.50
08/01/2038
1,705,000
2.780%
256,489.50
1,961,489.50
09/30/2038
2,217,979.00
02/01/2039
232,790.00
232,790.00
08/01/2039
1,755,000
2.780%
232,790.00
1,987,790.00
09/30/2039
2,220,580.00
02/01/2040
208,395.50
208,395.50
08/01/2040
1,805,000
2.780%
208,395.50
2,013,395.50
09/30/2040
2,221,791.00
02/01/2041
183,306.00
183,306.00
08/01/2041
1,855,000
2.780%
183,306.00
2,038,306.00
09/30/2041
2,221,612.00
02/01/2042
157,521.50
157,521.50
08/01/2042
1,910,000
3.110%
157,521.50
2,067,521.50
09/30/2042
2,225,043.00
02/01/2043
127,821.00
127,821.00
08/01/2043
1,965,000
3.110%
127,821.00
2,092,821.00
09/30/2043
2,220,642.00
02/01/2044
97,265.25
97,265.25
08/01/2044
2,025,000
3.110%
97,265.25
2,122,265.25
09/30/2044
2,219,530.50
02/01/2045
65,776.50
65,776.50
08/01/2045
2,085,000
3.110%
65,776.50
2,150,776.50
09/30/2045
2,216,553.00
02/01/2046
33,354.75
33,354.75
08/01/2046
2,145,000
3.110%
33,354.75
2,178,354.75
09/30/2046
2,211,709.50
42,410,000
17,563,897.50
59,973,897.50
59,973,897.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 62
BOND DEBT SERVICE
$22,830,000 SWIFT Funding Board Participation Loan, Series 2016
Schertz /Seguin Local Government Corp.
Non - Callable
Dated Date 11/16/2016
Delivery Date 11/16/2016
Period
Ending
Principal Coupon Interest
Debt Service
Annual
Debt
Service
02/01/2020
414,068.50
414,068.50
08/01/2020
414,068.50
414,068.50
09/30/2020
828,137
02/01/2021
414,068.50
414,068.50
08/01/2021
414,068.50
414,068.50
09/30/2021
828,137
02/01/2022
414,068.50
414,068.50
08/01/2022
414,068.50
414,068.50
09/30/2022
828,137
02/01/2023
414,068.50
414,068.50
08/01/2023
414,068.50
414,068.50
09/30/2023
828,137
02/01/2024
414,068.50
414,068.50
08/01/2024
414,068.50
414,068.50
09/30/2024
828,137
02/01/2025
414,068.50
414,068.50
08/01/2025
414,068.50
414,068.50
09/30/2025
828,137
02/01/2026
414,068.50
414,068.50
08/01/2026
414,068.50
414,068.50
09/30/2026
828,137
02/01/2027
414,068.50
414,068.50
08/01/2027
414,068.50
414,068.50
09/30/2027
828,137
02/01/2028
414,068.50
414,068.50
08/01/2028
414,068.50
414,068.50
09/30/2028
828,137
02/01/2029
414,068.50
414,068.50
08/01/2029
414,068.50
414,068.50
09/30/2029
828,137
02/01/2030
414,068.50
414,068.50
08/01/2030
414,068.50
414,068.50
09/30/2030
828,137
02/01/2031
414,068.50
414,068.50
08/01/2031
414,068.50
414,068.50
09/30/2031
828,137
02/01/2032
414,068.50
414,068.50
08/01/2032
414,068.50
414,068.50
09/30/2032
828,137
02/01/2033
414,068.50
414,068.50
08/01/2033
414,068.50
414,068.50
09/30/2033
828,137
02/01/2034
414,068.50
414,068.50
08/01/2034
414,068.50
414,068.50
09/30/2034
828,137
02/01/2035
414,068.50
414,068.50
08/01/2035
300,000 3.190% 414,068.50
714,068.50
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 63
Capital
BOND DEBT SERVICE
$22,830,000 SWIFT Funding Board Participation Loan, Series 2016
Schertz /Seguin Local Government Corp.
Non - Callable
Period
Ending
Principal
Coupon
Interest
Debt Service
09/30/2035
02/01/2036
409,283.50
409,283.50
08/01/2036
700,000
3.240%
409,283.50
1,109,283.50
09/30/2036
02/01/2037
397,943.50
397,943.50
08/01/2037
1,125,000
3.460%
397,943.50
1,522,943.50
09/30/2037
02/01/2038
378,481.00
378,481.00
08/01/2038
1,165,000
3.460%
378,481.00
1,543,481.00
09/30/2038
02/01/2039
358,326.50
358,326.50
08/01/2039
1,205,000
3.460%
358,326.50
1,563,326.50
09/30/2039
02/01/2040
337,480.00
337,480.00
08/01/2040
1,250,000
3.460%
337,480.00
1,587,480.00
09/30/2040
02/01/2041
315,855.00
315,855.00
08/01/2041
1,290,000
3.460%
315,855.00
1,605,855.00
09/30/2041
02/01/2042
293,538.00
293,538.00
08/01/2042
1,340,000
3.880%
293,538.00
1,633,538.00
09/30/2042
02/01/2043
267,542.00
267,542.00
08/01/2043
1,390,000
3.880%
267,542.00
1,657,542.00
09/30/2043
02/01/2044
240,576.00
240,576.00
08/01/2044
1,440,000
3.880%
240,576.00
1,680,576.00
09/30/2044
02/01/2045
212,640.00
212,640.00
08/01/2045
1,490,000
3.880%
212,640.00
1,702,640.00
09/30/2045
02/01/2046
183,734.00
183,734.00
08/01/2046
1,545,000
3.880%
183,734.00
1,728,734.00
09/30/2046
02/01/2047
153,761.00
153,761.00
08/01/2047
1,605,000
3.580%
153,761.00
1,758,761.00
09/30/2047
02/01/2048
125,031.50
125,031.50
08/01/2048
1,660,000
3.580%
125,031.50
1,785,031.50
09/30/2048
02/01/2049
95,317.50
95,317.50
08/01/2049
1,715,000
3.580%
95,317.50
1,810,317.50
09/30/2049
02/01/2050
64,619.00
64,619.00
08/01/2050
1,775,000
3.580%
64,619.00
1,839,619.00
Annual
Debt
Service
1,128,137
1,518,567
1,920,887
1,921,962
1,921,653
1,924,960
1,921,710
1,927,076
1,925,084
1,921,152
1,915,280
1,912,468
1,912,522
1,910,063
1,905,635
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 64
Capital
BOND DEBT SERVICE
$22,830,000 SWIFT Funding Board Participation Loan, Series 2016
Schertz /Seguin Local Government Corp.
Non - Callable
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 65
Annual
Period
Debt
Ending Principal
Coupon Interest
Debt Service
Service
09/30/2050
1,904,238
02/01/2051
32,846.50
32,846.50
08/01/2051 1,835,000
3.580% 32,846.50
1,867,846.50
09/30/2051
1,900,693
22,830,000
20,984,142.00
43,814,142.00
43,814,142
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 65
Capital
BOND DEBT SERVICE
$19,045,000 Contract Revenue Refunding Bonds, Series 2018
Schertz /Seguin Local Government Corp.
Callable at Par on 2/1/2027
Dated Date 11/15/2018
Delivery Date 12/13/2018
Period
Ending
Principal
Coupon
Interest
Debt
Service
Annual
Debt
Service
02/01/2020
515,000
5.000%
411,525
926,525
08/01/2020
398,650
398,650
09/30/2020
1,325,175
02/01/2021
540,000
5.000%
398,650
938,650
08/01/2021
385,150
385,150
09/30/2021
1,323,800
02/01/2022
565,000
3.000%
385,150
950,150
08/01/2022
376,675
376,675
09/30/2022
1,326,825
02/01/2023
590,000
5.000%
376,675
966,675
08/01/2023
361,925
361,925
09/30/2023
1,328,600
02/01/2024
615,000
5.000%
361,925
976,925
08/01/2024
346,550
346,550
09/30/2024
1,323,475
02/01/2025
650,000
5.000%
346,550
996,550
08/01/2025
330,300
330,300
09/30/2025
1,326,850
02/01/2026
680,000
5.000%
330,300
1,010,300
08/01/2026
313,300
313,300
09/30/2026
1,323,600
02/01/2027
715,000
5.000%
313,300
1,028,300
08/01/2027
295,425
295,425
09/30/2027
1,323,725
02/01/2028
755,000
5.000%
295,425
1,050,425
08/01/2028
276,550
276,550
09/30/2028
1,326,975
02/01/2029
795,000
5.000%
276,550
1,071,550
08/01/2029
256,675
256,675
09/30/2029
1,328,225
02/01/2030
835,000
5.000%
256,675
1,091,675
08/01/2030
235,800
235,800
09/30/2030
1,327,475
02/01/2031
870,000
4.000%
235,800
1,105,800
08/01/2031
218,400
218,400
09/30/2031
1,324,200
02/01/2032
905,000
4.000%
218,400
1,123,400
08/01/2032
200,300
200,300
09/30/2032
1,323,700
02/01/2033
940,000
4.000%
200,300
1,140,300
08/01/2033
181,500
181,500
09/30/2033
1,321,800
02/01/2034
980,000
4.000%
181,500
1,161,500
08/01/2034
161,900
161,900
09/30/2034
1,323,400
02/01/2035
1,020,000
4.000%
161,900
1,181,900
08/01/2035
141,500
141,500
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 66
Capital
BOND DEBT SERVICE
$19,045,000 Contract Revenue Refunding Bonds, Series 2018
Schertz /Seguin Local Government Corp.
Callable at Par on 2/1/2027
Period
Ending
Principal
Coupon
Interest
Debt
Service
Annual
Debt
Service
09/30/2035
1,323,400
02/01/2036
1,065,000
4.000%
141,500
1,206,500
08/01/2036
120,200
120,200
09/30/2036
1,326,700
02/01/2037
1,110,000
4.000%
120,200
1,230,200
08/01/2037
98,000
98,000
09/30/2037
1,328,200
02/01/2038
1,150,000
4.000%
98,000
1,248,000
08/01/2038
75,000
75,000
09/30/2038
1,323,000
02/01/2039
1,200,000
4.000%
75,000
1,275,000
08/01/2039
51,000
51,000
09/30/2039
1,326,000
02/01/2040
1,250,000
4.000%
51,000
1,301,000
08/01/2040
26,000
26,000
09/30/2040
1,327,000
02/01/2041
1,300,000
4.000%
26,000
1,326,000
09/30/2041
1,326,000
19,045,000
10,113,125
29,158,125
29,158,125
Aug 1, 2019 2:54 pm Prepared by ATF (y: \dbc \Schertz:AGG) Page 67
Texas Municipal Reports
Schertz, City Texas Municipal Reports
i ➢, (General Obligation Debt) Last Revised: 4/2/2019
'
TMR # 2302
,f-
Guadalupe, Bexar, Comal Counties Page 1 of 14
��1►T1�L+3I�[����1�1i� iii
FOR OPERATING DATA OF THE WATERWORKS AND SEWER SYSTEM, SEE SEPARATE TEXAS
MUNICIPAL REPORT.
FINANCIAL STATEMENT (As of September 30, 2018)
Net Taxable Assessed Valuation ( "A.V. "), 2018
$4,055,582,301(a)
New Debt
$8,570,000
Outstanding Debt
72,575.000
Total General Obligation Debt
$81.145,000
Less: Self - Supporting (b)
MSRB
Water & Sewer
1.4,362,036
EMS Building
369,338
Drainage
329,525
GO Debt payable from Ad Valorem Taxes
$66,084,102
Less: I &S Fund
1.099,858
Net Debt
$64.984.244
(a) Includes $99,519,923 under review.
(b) The October 23, 2018 Official Statement reports the following General
Obligation Debt being paid from revenues other than ad valorem taxes: thus
considered self- supporting.
Net Debt Per Net Taxable Assessed Valuation - 1.60%
Net Debt Per Sq mile - $2,272,176.35
Net Debt Per Capita $1,620.88
Net Taxable Assessed Valuation Per Capita - $101,156.90
Bureau of Census Pop: 2000 18,694
Bureau of Census Pop: 2010 31,465
2018 Estimated Population 40.092
Area 28.60 Sol mile
PAYMENT RECORD
Never defaulted.
TAX DATA
Tax Tax Adjusted % Collected Total % Collected
Year A.U. Rate Levy within FY as of 09/30/2018 **
2013 $2,752,562,574 $0.4974 $13,383,759 99.35 99.86
2014 3.037,267,611 0.4974 14,793.867 99.63 99.93
2015 3.375,850,131 0.4911 16,238.180 99.52 99.88
2016 3,647,504,903 0.4911 17,356,822 99.34 99.75
2017 3,783,027,833 0.4910 18,010,824 99.38 99.38
2018 4,055,582,301* 0.5146 20,870,027 (In process of collection)
* Includes $99,519,923 for 2018 under review.
** Delinquent tax collections are allocated to the respective years in which the
taxes are levied.
Tax Rate Distribution 2018 2017 2016 2015
Operations $0.3497 $0.3248 $0.3168 $0.3159
I &S 0.1649 0.1662 0.1743 0.1752
- - - - -- - - - - -- - - - - -- - - - - --
Totals $0.5146 $0.4910 $0.4911 $0.4911
cities of more than 5.000 population; $2.50 per $100 assessed valuation. City
operates under a Home Rule Charter which adopts constitutional provisions.
TAX ABATEMENT The tax abatement for the 2018 assessed valuation was $902.273.
TAX INCREMENT REINVESTMENT ZONE #2 The City is participating in Tax Increment
Financing (TIF). Under the terms of the Zone agreement, the City of Schertz,
Bexar County, and San Antonio River Authority are funding infrastructure
improvements through tax increment financing to the Sedona Development Project.
The Zone was created in December 2006 with a base value of $3,127,500. The Zone
has a statutory termination date of December 31, 2027.
TAX INCREMENT CAPTURED VALUE:
2013 $15,046,362
2014 11,664,298
2015 15,879,383
2016 18,033,005
2017 17,315,650
2018 21,398,191
Municipal Sales Tax: The City has adopted the provisions of Municipal Sales and
Use Tax Act V.T.C.A, Tax Code, Chapter 321, which grants the City power to
impose and levy a 1% Local Sales and Use Tax within the City; the proceeds are
credited to the General Fund and are not pledged to the payment of the bonds in
this report. Voters approved an additional sales and use tax of 112 of 1% for
Cohorts Economic Development Corporation (Type B) effective January 1, 1998.
Net allocations on calendar year basis are as follows:
Calendar Total % of Ad Val Equiv of Ad
Year Rate Collected Tax Levy Val Tax Rate
2015 1.500% $10,303,429 63.45% $0.31
2016 1.500 10,992,476 63.33 0.31.
2017 1.500 10,849,278 60.23 0.30
2018 1.500 12,631,749 60.52 0.31
DETAILS OF OUTSTANDING DEBT
Details of Limited Tax Debt (Outstanding 9/30/2018)
Comb Tax & Ltd Pledge Rev C/O Ser 2007
Tax Treatment: Tax Exempt
Original Issue Amount $9,915,000.00
Dated Date:
0110112007
Sale Date:
12/19/2006
Delivery Date:
01/17/2007
Sale Type:
Private Placement
Record Date:
MSRB
Bond Form:
FR
Denomination
$100,000
Interest pays
Semi - Annually: 02101, 08 /01
1st Coupon Date:
08/01/2007
Paying Agent: The Bank of New York Mellon Trust Company, N.A., Houston, TX
Bond Counsel: Fulbright & Jaworski L.L.P.
Financial Advisor: Southwest Securities, San Antonio, TX
Purchaser: JPMorgan Chase Bank, N.A.
Security : Limited Tax and a subordinate lien on the net revenues of the
Waterworks & Sewer system not to exceed $1,000.
Water & Sewer 100.00%
Use of Proceeds: Utility, Streets & Drainage, Public Works, Energy Management
Sys, Communication Equipment.
,; i Texas Municipal Reports
Fe F
i ➢, (General Obligation Debt) Last Revised: 4/2/2019
'
TMR # 2302
,f-
Guadalupe, Bexar, Comal Counties Page 2 of 14
08/01/2019 355,000.00 4.0100% N/A
$355,000.00
Call Option: Bonds maturing on 08/01/2018 to 08/01/2019 callable in whole or in
part on any date beginning 08/01/2017 @ par.
Refunded Notes: Maturities refunded by GO & Ref Bds Ser 2018
Refunded Amount Mat Date Coupon Price Sched Call
370,000.00 08/01/2020 4.010 Par 11/28/2018
385,000.00 08/01/2021 4.010 Par 11/28/2018
400,000.00 08/01/2022 4.010 Par 11/28/2018
420,000.00 08/01/2023 4.010 Par 11/28/2018
435,000.00 08/01/2024 4.010 Par 11/28/2018
455,000.00 08/01/2025 4.010 Par 11/28/2018
470,000.00 08/01/2026 4.010 Par 11/28/2018
GO Bds Ser 2007
Tax Treatment: Tax Exempt
Original Issue Amount $6,000,000.00
Dated Date: 09/01/2007
Sale Date: 09/04/2007
Delivery Date: 09/24/2007
Sale Type: Private Placement
Record Date: MSRB
Bond Form: FR
Denomination $100,000
Interest pays Semi - Annually: 08/01, 02101
1st Coupon Date: 02/01/2008
Paying Agent: The Bank of New York Mellon Trust Company, N.A., Houston, TX
Bond Counsel: Fulbright & Jaworski L.L.P.
Financial Advisor: Southwest Securities, San Antonio, TX
Purchaser: JPMorgan Chase Bank, N.A.
Use of Proceeds: Recreational Facilities, Streets & Sidewalks. Drainage.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2027T 3,205,000.00 4.0700% N/A
- - $3,205,000.00
Call Option: Term bonds maturing on 02/01/2027 callable in whole or in part on
any date @ par plus a Prepayment Fee as specified in the Indenture.
Term Call: Term bonds maturing
on 0210112027:
Mandatory Redemption Date
Principal Amount
02/01/2008
$190,000
02/01/2009
$285,000
0210112010
$250.000
0210112011
$275,000
0210112012
$225,000
0210112013
$235,000
02/01/2014
$245,000
02/01/2015
$255,000
02/01/2016
$265,000
02/01/2017
$280.000
02/01/2018
$290,000
02/01/2019
$300,000
0210112020
$315,000
02/01/2021
$325,000
0210112022
$340,000
02/01/2023
$355,000
02/01/2024
$370.000
02/01/2025
$385,000
02/01/2026
$400,000
0210112027
$415.000
r,
°"
GO & Ref Bds
Ser 2009
Tax Treatment:
Bank Qualified
Original Issue Amount $9,500,000.00
Dated Date:
07/01/2009
Sale Date:
07/14/2009
Delivery Date:
08/13/2009
Sale Type:
Negotiated
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi- Annually: 08/01, 02101
1st Coupon Date:
0210112010
Paying Agent: Wells Fargo Bank, N.A., Austin, 1X
Bond Counsel: Fulbright & Jaworski L.L.P.
Financial Advisor: Southwest Securities, San Antonio, TX
Lead Manager: SAMCO Capital Markets, Inc.
Co- Manager: First Southwest Company
Use of Proceeds: Streets, Refunding, Recreational Facilities.
Refunding Notes: This bond refunded maturities from the following issues:
GO Bds Ser 98
Refunded Amount Mat Date Coupon Price Sched Call
255,000.00 0210112010 4.400 Par 08/17/2009
270.000.00 02/01/2011 4.375 Par 08/17/2009
285,000.00 0210112012 4.375 Par 08/17/2009
300,000.00 0210112013 4.375 Par 08/17/2009
315,000.00 0210112014 4.375 Par 08/17/2009
335,000.00 02/01/2015 4.375 Par 08/17/2009
355.000.00 02/01/2016 4.375 Par 08/17/2009
375,000.00 02/01/2017 4.375 Par 08/17/2009
395.000.00 02/01/2018 4.375 Par 08/17/2009
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019 210,000.00 3.5000% 3.510%
--------------------------------------------- - - - - -- $210.000.00
Call Option: Non - callable
Refunded Notes: Maturities refunded by GO & Ref Bds Ser 2018
Refunded Amount Mat Date Coupon Price Sched Call
250.000.00 0210112020 3.750 Par 02/01/2019
350,000.00 02/01/2022 4.050 Par 0210112019
390.000.00 02/01/2024 4.250 Par 02/01/2019
1,160,000.00 0210112028 4.500 Par 02/01/2019
2.555.000.00 02/01/2033 5.500 Par 02/01/2019
GO Ref Bds Ser 2010
Tax Treatment:
Bank Qualified
Original Issue Amount
$2,865,000.00
Dated Date:
1010112010
Sale Date:
1110212010
Delivery Date:
11/30/2010
Sale Type:
Negotiated
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi - Annually: 08/01, 02101
1st Coupon Date:
0210112011
Paying Agent: Wells Fargo Bank, N.A., Austin, TX
Bond Counsel: Fulbright & Jaworski L.L.P.
Financial Advisor: Southwest Securities, San Antonio, TX
Lead Manager: SAMCO Capital Markets, Inc.
Use of Proceeds: Refunding.
,; i Texas Municipal Reports
'_'
i ➢, (General Obligation Debt) Last Revised: 4/2/2019
'
TMR # 2302
,f-
Guadalupe, Bexar, Comal Counties Page 3 of 14
Refunding Notes: This bond refunded maturit
Comb Tax & Ltd Pledge Rev C/O Ser 2001
Refunded Amount Mat Date Coupon Price
225,000.00 0210112012 4.400 Par
235,000.00 02/01/2013 4.500 Par
250,000.00 02/01/2014 4.600 Par
260,000.00 02/01/2015 4.700 Par
275,000.00 02/01/2016 4.800 Par
290,000.00 02/01/2017 4.900 Par
300,000.00 02/01/2018 5.000 Par
320,000.00 02/01/2019 5.000 Par
335,000.00 02/01/2020 5.000 Par
350.000.00 0210112021 5.000 Par
es from the following issue=_
Schad Call
02/01/2011
02/01/2011
02/01/2011
02/01/2011
02/01/2011
02/01/2011
02/01/2011
02/01/2011
02/01/2011
02/01/2011
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019 300,000.00 3.0000% 2.650%
- -- $300,000.00
Call Option: Bonds maturing on 02/01/2019 callable in whole or in part on any
date beginning 02/01/2018 @ par.
Refunded Notes: Maturities refunded by GO & Ref Bds Ser 2018
Refunded Amount Mat Date Coupon Price Sched Call
310,000.00 0210112020 4.000 Par 11/28/2018
320.000.00 0210112021 4.000 Par 11/28/2018
GO Bds Ser 2011
Tax Treatment:
Tax Treatment:
Tax Exempt
Original Issue Amount
$8.250,000.00
Dated Date:
0310112011
Sale Date:
03/29/2011
Delivery Date:
04/26/2011
Sale Type:
Negotiated
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi- Annually: 08/01, 02101
1st Coupon Date:
0210112012
Paying Agent: BOKF, N.A., Austin, TX
Bond Counsel: Fulbright & Jaworski L.L.P.
Financial Advisor: Southwest Securities, San Antonio, TX
Lead Manager: SAMCO Capital Markets, Inc.
Co- Manager: Piper Jaffray & Co.
Use of Proceeds: Sports Complex, Aquatic Center, Animal Shelter.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019 250,000.00
0210112020 260,000.00
0210112021 270,000.00
02/01/2023T 585,000.00
02/01/2024 315,000.00
02/01/2025 330,000.00
02/01/2026 345,000.00
0210112027 360,000.00
02/01/2028 375,000.00
02/01/2029 390,000.00
02/01/2030 410,000.00
02/01/20327 885,000.00
02/01/2034T 975,000.00
02/01/2036T 1,080,000.00
3.5000%
4.0000%
5.0000%
5.5000%
4.0000%
4.1250%
4.2500%
4.3750%
4.5000%
4.6250%
4.7500%
5.0000%
5.0000%
5.0000%
3.010%
3.300%
3.500%
3.900%
4.130%
4.260%
4.400%
4.500%
4.61.0%
4.720%
4.800%
100.00%
5.050%
5.110%
--- - - - - -- $6.830.000.00
Call Option: Bonds maturing on 02/01/2024 to 02/01/2030 and term bonds maturing
on 02/01/2023 and 02/01/2032 and 02/01/2034 and 02/01/2036 callable in whole or
ri
in part on any date beginning 0210112021 @ par
Term Call: Term bonds maturing on 02/01/2023:
Mandatory Redemption Date Principal Amount
0210112022 $285,000
0210112023 $300,000
Term bonds maturing on 0210112032:
Mandatory Redemption Date Principal Amount
02/01/2031 $430,000
02/01/2032 $455,000
Term bonds maturing on 02/01/2034:
Mandatory Redemption Date Principal Amount
02/01/2033 $475,000
02/01/2034 $500,000
Term bonds maturing on 02/01/2036:
Mandatory Redemption Date Principal Amount
02/01/2035 $525,000
02/01/2036 $555,000
GO Ref Bds Ser 2011
Tax Treatment:
Tax Treatment:
Tax Exempt
Original Issue Amount
$2,675,000.00
Dated Date:
06/01/2011
Sale Date:
06/07/2011
Delivery Date:
06/30/2011
Sale Type:
Negotiated
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi- Annually: 09/01, 03/01
1st Coupon Date:
03/01/2012
Paying Agent: BOKF, N.A., Austin, TX
Bond Counsel: Fulbright & Jaworski L.L.P.
Financial Advisor: Southwest Securities, San Antonio, TX
Lead Manager: SAMCO Capital Markets, Inc.
Water & Sewer 100.00%
Use of Proceeds: Refunding.
Refunding Notes: This issue defeased mty(s) 9/1/2012- 9/1/2021 of Util Sys Rev &
Ref Bds Ser 2001 @ par.
Orig Reoffering
Maturity Amount Coupon Price /Yield
09/01/2019 230,000.00 2.5000% 2.750%
09/01/2020 235,000.00 2.7500% 3.000%
09/01/2021 240,000.00 3.0000% 1200%
$705,000.00
Call Option: Bonds maturing on 09/01/2020 to 09/01/2021 callable in whole or in
part on any date beginning 09/01/2019 @ par.
GO Ref Bds Ser 2011A
Tax Treatment:
Tax Exempt
Original Issue Amount
$6,745,000.00
Dated Date:
12/01/2011
Sale Date:
11/15/2011
Delivery Date:
12/15/2011
Sale Type:
Private Placement
Record Date:
MSRB
Bond Form:
FR
Denomination
$100,000
Interest pays
Semi - Annually: 08/01, 02101
,; i Texas Municipal Reports
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i ➢, (General Obligation Debt) Last Revised: 4/2/2019
'
TMR # 2302
,f-
Guadalupe, Bexar, Comal Counties Page 4 of 14
1st Coupon Date: 0210112012
Paying Agent: Compass Bank, Houston, TX
Bond Counsel: Fulbright & Jaworski L.L.P.
Financial Advisor: Southwest Securities, San Antonio, TX
Purchaser: Compass Mortgage Corporation, Houston, TX
Use of Proceeds: Refunding.
Refunding Notes: This issue defeased mty(s) 2/1/2014 - 2/1/2018 of Comb Tax & Ltd
Pledge Rev C/O Ser 2003 @ par.
This issue defeased mty(s) 02/01/2014- 02/01/2022, 02/01/2024 of Comb Tax & Ltd
Pledge Rev C/O Ser 2004 @ par.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019
485,000.00
2.3300%
N/A
0210112020
475,000.00
2.3300%
N/A
0210112021
485,000.00
2.3300%
N/A
0210112022
670,000.00
2.3300%
N/A
0210112023
675,000.00
2.3300%
N/A
0210112024
660,000.00
2.3300%
N/A
1st Coupon Date:
02/01/2013
2.7000%
$3.450.000.00
Call Option: Bonds maturing on 0210112022 to 0210112024 callable in whole or in
part on any date beginning 0210112021 @ par.
GO Bds Ser 2012
345,000.00
Tax Treatment:
Tax Exempt
Original Issue Amount
$7,625,000.00
Dated Date:
0810112012
Sale Date:
08/28/2012
Delivery Date:
09/13/2012
Sale Type:
Competitive
TIC:
2.8627%
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi- Annually: 08/01, 02101
1st Coupon Date:
02/01/2013
Paying Agent: BOKF, N.A., Austin, TX
Bond Counsel: Fulbright & Jaworski L.L.P.
Financial Advisor: Southwest Securities, San Antonio, TX
Lead Manager: Hutchinson Shockey Erley & Co.
Use of Proceeds: Aquatic Center, Sports Complex, Downtown Area
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019
345,000.00
2.0000%
1.550%
0210112020
355,000.00
3.0000%
1.800%
0210112021
365,000.00
3.0000%
2.000%
0210112022
375,000.00
2.2500%
2.150%
0210112023
385,000.00
2.2500%
2.400%
0210112024
390,000.00
2.5000%
2.600%
02/01/2025
400,000.00
2.7000%
2.750%
02/01/2026
415.000.00
2.8000%
2.900%
02/01/2028T
865,000.00
3.0000%
3.100%
02/01/2030T
915,000.00
3.0000%
3.160%
02/O1/2032T
975,000.00
3.1000%
3.240%
3.400%
02/01/20307
405.000.00
$5,785,000.00
Call Option: Bonds maturing on 0210112023 to 02/01/2026 and term bonds maturing
on 02/01/2028 and 02/01/2030 and 0210112032 callable in whole or in part on any
date beginning 0210112022 @ par.
Term Call: Term bonds maturing on 02/01/2028:
Mandatory Redemption Date Principal Amount
0210112027 $425,000
02/01/2028 $440,000
Term bonds maturing on 02/01/2030:
Mandatory Redemption Date Principal Amount
0210112029 $450,000
02/01/2030 $465.000
Term bonds maturing on 02/01/2032:
Mandatory Redemption Date Principal Amount
02/01/2031 $480,000
0210112032 $495.000
Comb Tax & Ltd Pledge Rev C/O Ser 2013
Tax Treatment: Bank Qualified
Original Issue Amount $4,965,000.00
Dated Date:
09/01/2013
Sale Date:
09/10/2013
Delivery Date:
10/10/2013
Sale Type:
Competitive
TIC:
3.1347%
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi- Annually: 08/01, 02101
1st Coupon Date:
02/01/2014
Paying Agent: BOKF, N.A., Austin, TX
Bond Counsel: Fulbright & Jaworski LLP
Financial Advisor: Southwest Securities, San Antonio, TX
Lead Manager: First Southwest Company
Security : Limited Tax and a Subordinate lien on the Net revenues of the Utility
system anticipated to be $1,000.
Water & Sewer 100.00%
Use of Proceeds: Public Improvements.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019
395,000.00
2.2500%
1.600%
0210112020
405.000.00
2.5000%
1.900%
0210112021
415.000.00
3.0000%
2.180%
0210112022
155,000.00
3.0000%
2.350%
0210112023
160,000.00
3.0000%
2.550%
0210112024
165,000.00
3.5000%
2.700%
02/01/2025
170,000.00
3.5000%
2.850%
02/01/2026
175,000.00
3.5000%
3.000%
02/01/20287
375.000.00
4.0000%
3.400%
02/01/20307
405.000.00
4.0000%
1800%
02/01/20337
670.000.00
4.0000%
4.150%
$3,490,000.00
Call Option: Bonds maturing on 0210112023 to 02/01/2026 and term bonds maturing
on 02/01/2028 and 02/01/2030 and 02/01/2033 callable in whole or in part on any
date beginning 0210112022 @ par.
Term Call: Term bonds maturing on 02/01/2028:
Mandatory Redemption Date Principal Amount
0210112027 $185,000
0210112028 $190.000
Term bonds maturing on 02/01/2030:
Mandatory Redemption Date Principal Amount
0210112029 $200,000
02/01/2030 $205,000
i
�.
.
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TMR # 2302
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Guadalupe, Bexar, Comal Counties Page 5 of 14
Term bonds maturing on 02/01/2033:
Mandatory Redemption Date Principal Amount
02/01/2031 $215,000
02/01/2032 $225,000
02/01/2033 $230.000
GO Ref Bds Ser 2013
Mat Date
Tax Treatment:
Bank Qualified
Original Issue Amount
$2,160,000.00
Dated Date:
09/01/2013
Sale Date:
09/10/2013
Delivery Date:
10/10/2013
Sale Type:
Private Placement
Record Date:
MSRB
Bond Form:
FR
Denomination
$100,000
Interest pays
Semi- Annually: 08/01, 02101
1st Coupon Date:
0210112014
Paying Agent: Compass Bank, Houston, TX
Bond Counsel: Fulbright & Jaworski LLP
Financial Advisor: Southwest Securities, San Antonio, TX
Purchaser: Compass Bank
Water & Sewer 100.00%
Use of Proceeds: Refunding.
Refunding Notes: This bond refunded maturities from the following issues
Comb Tax & Subord Lien Rev C/O Ser 2005
Refunded Amount
Mat Date
Sched Call
Price
155,000
02/01/2015
02/01/2014
Par
325,000
0210112017
0210112014
Par
170,000
02/01/2018
02/01/2014
Par
180,000
02/01/2019
02/01/2014
Par
185,000
0210112020
0210112014
Par
195.000
0210112021
0210112014
Par
860,000
02/01/2025
02/01/2014
Par
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019
190,000.00
2.5800%
N/A
0210112020
190,000.00
2.5800%
N/A
0210112021
200,000.00
2.5800%
N/A
0210112022
205,000.00
2.5800%
N/A
0210112023
205,000.00
2.5800%
N/A
02/01/2024
215,000.00
2.5800%
N/A
02/01/2025
215,000.00
2.5800%
N/A
3.5000%
2.200%
02/01/2025
$1,420,000.00
Call Option: Bonds maturing on 0210112024 to 02/01/2025 callable in whole or in
part on any date beginning 02/01/2023 @ par.
GO Ref Bds Ser 2014
100,000.00
Tax Treatment:
Bank Qualified
Original Issue Amount
$8,450,000.00
Dated Date:
05/1.5/2014
Sale Date:
06/03/2014
Delivery Date:
06/26/2014
Sale Type:
Negotiated
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi- Annually: 08/01, 02101
1st Coupon Date:
02/01/2015
Paying Agent: BOKF, N.A., Austin, TX
Bond Counsel: Fulbright & Jaworski LLP
U s
.�,f.
„ IJ "
Financial Advisor: Southwest Securities, San Antonio, TX
Lead Manager: SAMCO Capital Markets, Inc.
Underwriter's Counsel: McCall Parkhurst & Horton L.L.P.
Co- Purchaser: Frost Bank
Use of Proceeds: Refunding
Refunding Notes: This bond refunded maturities from the following issues:
GO Bds Ser 2006
Refunded Amount Mat Date Coupon Price Sched Call
1,540,000.00 0210112023 5.250 Par 02/01/2016
1,715,000.00 02/01/2025 5.250 Par 02/01/2016
1,900,000.00 0210112027 5.250 Par 02/01/2016
3.220.000.00* 0210112031 4.625 Par 02/01/2016
* Partial Maturity
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019
100,000.00
Tax Treatment:
3.0000%
1.250%
0210112020
100.000.00
12/01/2014
10000%
1.550%
0210112021
100,000.00
Sale Type:
10000%
1.750%
0210112022
750,000.00
FR
3.0000%
1.900%
0210112023
775,000.00
1st Coupon Date:
3.0000%
2.050%
0210112024
800,000.00
3.5000%
2.200%
02/01/2025
830,000.00
3.5000%
2.400%
02/01/2026
860,000.00
3.5000%
2.500%
0210112027
890.000.00
4.0000%
2.550%
02/01/2028
930,000.00
4.0000%
2650%
02/01/2029
960,000.00
4.0000%
2.750%
0210112030
1,005,000.00
3.5000%
3.100%
- -- $8.100.000.00
Call Option: Bonds maturing on 0210112024 to 0210112030 callable in whole or in
part on any date beginning 02/01/2023 @ par.
Tax Notes Ser 2015
Tax Treatment:
Tax Exempt
Original Issue Amount
$2,125,000.00
Dated Date:
12/01/2014
Sale Date:
12/16/2014
Delivery Date:
01/08/2015
Sale Type:
Private Placement
Record Date:
MSRB
Bond Form:
FR
Denomination
$100,000
Interest pays
Semi - Annually: 02101, 08/01
1st Coupon Date:
08/01/2015
Paying Agent: Frost Bank, San Antonio, TX
Bond Counsel: Norton Rose Fulbright US LLP
Financial Advisor: Southwest Securities, San Antonio, TX
Purchaser: Frost Bank, San Antonio, TX
Water & Sewer 8.44%
EMS Building 42.21%
Drainage 37.66%
Use of Proceeds: Public Works.
Orig Reoffering
Maturity Amount Coupon Price /Yield
08/01/2019 340,000.00 1.7500% N/A
0810112020 345,000.00 1.7500% N/A
08/01/2021 190,000.00 1.7500% N/A
$875,000.00
Call Option: Non Callable
,; i Texas Municipal Reports
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i ➢, (General Obligation Debt) Last Revised: 4/2/2019
'
TMR # 2302
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Guadalupe, Bexar, Comal Counties Page 6 of 14
Tax Notes Ser 2015A
150,000.00
Tax Treatment:
Tax Exempt
Original Issue Amount
$1.020,000.00
Dated Date:
10/15/2015
Sale Date:
10/27/2015
Delivery Date:
11/19/2015
Sale Type:
Private Placement
Record Date:
MSRB
Bond Form:
FR
Denomination
$100,000
Interest pays
Semi- Annually: 02101, 08/01
1st Coupon Date:
08/01/2016
Paying Agent: First National Bank Texas, Killeen, TX
Bond Counsel: Norton Rose Fulbright US LLP, San Antonio, TX
Financial Advisor: SAMCO Capital Markets, San Antonio, TX
Purchaser: First National Bank Texas
Use of Proceeds: Fire Truck.
Orig Reoffering
Maturity Amount Coupon Price /Yield
08/01/2019
150,000.00
1.5400%
N/A
08/01/2020
150,000.00
1.5400%
N/A
08/01/2021
150,000.00
1.5400%
N/A
08/01/2022
155,000.00
1.5400%
N/A
---------------------------------------------
MSRB
Bond Form:
- - - - -- $605.000.00
Call Option: Non Callable
GO Ref Bds Ser 2015
08/01/2016
Tax Treatment:
Tax Exempt
Original Issue Amount
$4,185,000.00
Dated Date:
11/01/2015
Sale Date:
11 /17/2015
Delivery Date:
12/15/2015
Sale Type:
Competitive
TIC:
2.6015%
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi- Annually: 08/01, 02101
1st Coupon Date:
0210112016
Paying Agent: BOKF, N.A., Austin, TX
Bond Counsel: Norton Rose Fulbright US LLP, San Antonio, TX
Financial Advisor: SAMCO Capital Markets, Inc., San Antonio, TX
Lead Manager: BOSC, Inc.
Use of Proceeds: Refunding.
Refunding Notes: This bond refunded
GO Bds Ser 2006
Refunded Amount Mat Date Coupon
425,000.00 0210112017 4.125
475,000.00 02/01/201.8 4.200
655,000.00 02/01/2019 4.300
685,000.00 0210112020 4.375
715,000.00 0210112021 4.400
1,175,000.00 ** 0210112031 4.625
** Remainder
iaturit
Price
Par
Par
Par
Par
Par
Par
es from the following issues
Sched Call
02/01/2016
021011201.6
02/01/2016
02/01/2016
02/01/2016
02/01/2016
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019 660.000.00 2.0000% 1.150%
0210112020 675.000.00 2.5000% 1.360%
0210112021 690.000.00 3.0000% 1.550%
02/01/2031 1,140,000.00 3.2500% 3.400%
$1165.000.00
Call Option: Bonds maturing on 0210112031 callable in whole or in part on any
date beginning 02/01/2025 @ par.
Comb Tax & Ltd Pledge Rev C/O Ser 2016A
Tax Treatment: Tax Exempt
Original Issue Amount $2,375,000.00
Dated Date:
08/01/2016
Sale Date:
08/02/2016
Delivery Date:
09/01/2016
Sale Type:
Competitive
TIC:
2.2663%
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi - Annually: 08/01, 02101
1st Coupon Date:
0210112017
Paying Agent: BOKF, N.A., Austin, TX
Bond Counsel: Norton Rose Fulbright US LLP, San Antonio, TX
Financial Advisor: SAMCO Capital Markets, Inc., San Antonio, TX
Lead Manager: Fidelity Capital Markets
Co- Manager: City Securities
Co- Manager: Jefferies LLC
Co- Manager: Morgan Stanley
Co- Manager: Raymond James
Security : Limited Tax and a Subordinate lien on the Net revenues of the Utility
system not to exceed $1,000.
Use of Proceeds: Public Improvements.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019
175,000.00
4.0000%
0.840%
0210112020
180,000.00
4.0000%
0.980%
0210112021
190,000.00
4.0000%
1.070%
0210112022
195,000.00
4.0000%
1.240%
0210112023
205.000.00
4.0000%
1.400%
0210112024
70.000.00
3.0000%
1.530%
02/01/2025
75.000.00
10000%
1.670%
0210112026
75,000.00
3.0000%
1.820%
0210112027
80,000.00
2.0000%
2.020%
02/01/2028
80,000.00
2.0000%
2.150%
02/01/2029
80,000.00
2.1250%
2.300%
0210112030
85.000.00
2.2500%
2.400%
0210112031
85.000.00
2.3750%
2.500%
0210112032
90.000.00
2.3750%
2600%
02/01/2033
90,000.00
2.5000%
2.650%
02/01/20367
285,000.00
3.0000%
100.00%
--
- --
---
------- --- $2,040,000.00
Call Option: Bonds maturing on 0210112027 to 02/01/2033 and term bonds maturing
on 02/01/2036 callable in whole or in part on any date beginning 02/01/2026 @
par.
Term Call: Term bonds maturing on 02/01/2036 subject to mandatory redemption as
follows:
Redemption Date Principal Amount
02/01/2034 $90,000
02/01/2035 $95.000
02/01/2036 $100,000
,
s,
$285,000
,; i Texas Municipal Reports
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i ➢, (General Obligation Debt) Last Revised: 4/2/2019
'
TMR # 2302
,f-
Guadalupe, Bexar, Comal Counties Page 7 of 14
Comb Tax & Ltd Pledge Rev C/O Taxable Ser 2016B
Tax Treatment: Taxable
Original Issue Amount $1,475,000.00
Dated Date:
08/01/2016
Sale Date:
08/02/2016
Delivery Date:
09/01/2016
Sale Type:
Competitive
TIC:
3.1726%
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi- Annually: 08/01, 02101
1st Coupon Date:
02/01/2017
Paying Agent: BOKF, N.A., Austin, TX
Bond Counsel: Norton Rose Fulbright US LLP, San Antonio, TX
Financial Advisor: SAMCO Capital Markets, Inc., San Antonio, TX
Lead Manager: Robert W. Baird & Co., Inc.
Co- Manager: Alamo Capital
Co- Manager: CL King & Associates
Co- Manager: Crews & Associates, Inc.
Co- Manager: Cronin & Co.
Co- Manager: Davenport & Co. LLC
Co- Manager: Duncan - Williams, Inc.
Co- Manager: Edward Jones
Co- Manager: First Empire Securities
Co- Manager: FMSbonds, Inc.
Co- Manager: FTN Financial
Co- Manager: IFS Securities, Inc.
Co- Manager: Isaak Bond
Co- Manager: Loop Capital Markets LLC
Co- Manager: Midland Securities, Ltd
Co- Manager: Oppenheimer & Co. Inc.
Co- Manager: R. Seelaus & Co., Inc.
Co- Manager: Rafferty Capital Markets, LLC
Co- Manager: Ross, Sinclaire & Associates, Inc.
Co- Manager: Sierra Pacific
Co- Manager: SumRidge Partners, LLC
Co- Manager: W. H. Me]] Associates, Inc
Co- Manager: Wayne Hummer Investments
Co- Manager: Wedbush Morgan Securities
Co- Manager: WNJ Capital
Security : Limited Tax and a Subordinate lien on the Net revenues of the Utility
system.
Use of Proceeds: Aquatic Center.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019
55,000.00
3.0000% 1.250%
Tax Exempt
0210112020
60,000.00
3.0000% 1.450%
08/01/2016
0210112021
60,000.00
3.0000% 1.650%
09/01/2016
0210112022
60,000.00
3.0000% 1.800%
2.4799%
02/01/2023
65,000.00
3.0000% 2.000%
BE
0210112024
65,000.00
3.0000% 2.200%
Semi - Annually: 08/01, 02101
02/01/2025
70,000.00
3.0000% 2.350%
02/01/2026
70,000.00
3.0000% 2.500%
02/01/2031T
395,000.00
3.5000% 2.800%
02/01/2036T
465,000.00
3.7500% 3.000%
------------------------------------------- - - - - -- $1.365.000.00
Call Option: Term bonds maturing on 02/01/2031 and 02/01/2036 callable in whole
or in part on any date beginning 02/01/2026 @ par.
Term Call: Term bonds maturing on 02/01/2031 subject to mandatory redemption as
follows:
Redemption Date Principal Amount
0210112027 $75,000
c
02/01/2028 $75,000
02/01/2029 $80,000
02/01/2030 $80,000
02/01/2031 $85,000
$395,000
Term bonds maturing on 02/01/2036 subject to mandatory redemption as follows:
Redemption Date Principal Amount
02/01/2032 $85,000
02/01/2033 $90,000
02/01/2034 $95,000
02/01/2035 $95,000
02/01/2036 $100.000
$465,000
GO Bds Ser 2016
Tax Treatment:
Tax Exempt
Original Issue Amount
$5,880,000.00
Dated Date:
08/01/2016
Sale Date:
08/02/2016
Delivery Date:
09/01/2016
Sale Type:
Competitive
TIC:
2.4799%
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi - Annually: 08/01, 02101
Tat Coupon Date:
0210112017
Paying Agent: BOKF, N.A., Austin, TX
Bond Counsel: Norton Rose Fulbright US LLP, San Antonio, TX
Financial Advisor: SAMCO Capital Markets, Inc., San Antonio, TX
Lead Manager: Fidelity Capital Markets
Co- Manager: City Securities
Co- Manager: Jefferies LLC
Co- Manager: Morgan Stanley
Co- Manager: Raymond James
Use of Proceeds: Streets & Drainage
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019 215,000.00 4.0000% 0.840%
0210112020 225,000.00 4.0000% 0.980%
0210112021 235,000.00 4.0000% 1.070%
0210112022 245,000.00 4.0000% 1.240%
0210112023 255,000.00 4.0000% 1.400%
0210112024 265,000.00 4.0000% 1.530%
02/01/2025 275,000.00 4.0000% 1.670%
0210112026 285,000.00 4.0000% 1.820%
0210112027 295,000.00 2.0000% 2.020%
0210112028 300,000.00 2.0000% 2.150%
02/01/2029 305,000.00 2.1250% 2.300%
0210112030 310,000.00 2.2500% 2.400%
0210112031 320,000.00 2.3750% 2.500%
0210112032 330,000.00 2.5000% 2.600%
02/01/2033 335,000.00 3.0000% 2.700%
02/01/20367 1,075,000.00 3.0000% 100.00%
------------------------------------------- - - - - -- $5.270.000.00
Call Option: Bonds maturing on 0210112027 to 02/01/2033 and term bonds maturing
on 02/01/2036 callable in whole or in part on any date beginning 02/01/2026 @
par.
Term Call: Term bonds maturing on 02/01/2036 subject to mandatory redemption as
follows:
Redemption Date Principal Amount
,; i Texas Municipal Reports
"C
i ➢, (General Obligation Debt) Last Revised: 4/2/2019
'
TMR # 2302
,f-
Guadalupe, Bexar, Comal Counties Page 8 of 14
02/01/2034 $345,000
02/01/2035 $360,000
02/01/2036 $370,000
$1.075.000
Comb Tax & Ltd Pledge Rev C/O Ser 2017
Tax Treatment: Bank Qualified
Original Issue Amount $5,475,000.00
Dated Date:
05/15/2017
Sale Date:
05/23/2017
Delivery Date:
0612012017
Sale Type:
Competitive
TIC:
2.6239%
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi- Annually: 08/01, 02101
Ist Coupon Date:
02/01/2018
Paying Agent: BOKF, N.A., Austin, TX
Bond Counsel: Norton Rose Fulbright US LLP, San Antonio, TX
Financial Advisor: SAMCO Capital Markets, Inc., San Antonio, TX
Lead Manager: Robert W. Baird & Co., Inc.
Co- Manager: Alamo Capital
Co- Manager: CL King & Associates
Co- Manager: Commerce Bank
Co- Manager: Country Club Bank
Co- Manager: Davenport & Co. LLC
Co- Manager: Dougherty & Company LLC
Co- Manager: Duncan - Williams, Inc.
Co- Manager: Edward Jones
Co- Manager: First Empire Securities
Co- Manager: First Kentucky Securities
Co- Manager: FMSbonds, Inc.
Co- Manager: IFS Securities, Inc.
Co- Manager: Isaak Bond
Co- Manager: Loop Capital Markets LLC
Co- Manager: Midland Securities, Ltd
Co- Manager: Oppenheimer & Co. Inc.
Co- Manager: Rafferty Capital Markets, LLC
Co- Manager: Ross, Sinclaire & Associates, Inc.
Co- Manager: Sierra Pacific
Co- Manager: Stephens Inc.
Co- Manager: SumRidge Partners, LLC
Co- Manager: UMB Bank
Co- Manager: Vining- Sparks ISO
Co- Manager: W. H. Me]] Associates, Inc
Co- Manager: Wayne Hummer Investments
Co- Manager: Wedbush Securities
Co- Manager: WNJ Capital
Security : Limited Tax and a Subordinate lien on the Net revenues of the Utility
system not to exceed $1,000.
Use of Proceeds: Public Improvements.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019
385,000.00
3.0000% 1.050%
3.0000%
0210112020
400,000.00
3.0000% 1.190%
05/15/2017
0210112021
405,000.00
3.0000% 1.350%
220,000.00
0210112022
420,000.00
3.0000% 1.500%
02/01/20337
0210112023
315,000.00
3.0000% 1.650%
2.800%
0210112024
325,000.00
3.0000% 1.750%
3.2500%
02/01/2025
185.000.00
3.0000% 1.900%
02/01/2026
190,000.00
3.0000% 2.000%
0210112027
195,000.00
3.0000% 2.150%
02/01/2028
200,000.00
3.0000% 2.300%
0210112029
205.000.00
Tax Treatment:
3.0000%
2.400%
02/01/2030
215.000.00
05/15/2017
10000%
2.500%
02/01/2031
220,000.00
Sale Type:
3.0000%
2.600%
02/01/20337
460,000.00
MSRS
3.0000%
2.800%
02/01/20357
490,000.00
Interest pays
3.2500%
3.000%
02/01/20377
520.000.00
3.2500%
3.150%
$5,130,000.00
Call Option: Bonds maturing on 0210112028 to 0210112031 and term bonds maturing
on 02/01/2033 and 0210112035 and 02/01/2037 callable in whole or in part on any
date beginning 0210112027 @ par.
Term Call: Term bonds maturing on 02/01/2033 subject to mandatory redemption as
follows:
Redemption Date Principal Amount
02/01/2032 $225,000
02/01/2033 $235,000
$460.000
Term bonds maturing on 02/01/2035 subject to mandatory redemption as follows:
Redemption Date Principal Amount
02/01/2034 $240.000
02/01/2035 $250.000
$490,000
Term bonds maturing on 0210112037 subject to mandatory redemption as follows:
Redemption Date Principal Amount
02/01/2036 $255,000
02/01/2037 $265,000
$520.000
GO Bids Ser 2017
Tax Treatment:
Bank Qualified
Original Issue Amount
$3,935,000.00
Dated Date:
05/15/2017
Sale Date:
05/23/2017
Delivery Date:
06/20/2017
Sale Type:
Competitive
TIC:
2.7797%
Record Date:
MSRS
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi- Annually: 08 /01, 02101
1st Coupon Date:
02/01/2018
Paying Agent: BOKF, N.A., Austin, TX
Bond Counsel: Norton Rose Fulbright US LLP, San Antonio, TX
Financial Advisor: SAMCO Capital Markets, Inc., San Antonio, TX
Lead Manager: Robert W. Baird & Co., Inc.
Co- Manager: Alamo Capital
Co- Manager: CL King & Associates
Co- Manager: Commerce Bank
Co- Manager: Country Club Bank
Co- Manager: Davenport & Co. LLC
Co- Manager: Dougherty & Company LLC
Co- Manager: Duncan - Williams, Inc.
Co- Manager: Edward Jones
Co- Manager: First Empire Securities
Co- Manager: First Kentucky Securities
Co- Manager: FMSbonds, Inc.
Co- Manager: IFS Securities, Inc.
Co- Manager: Isaak Bond
Co- Manager: Loop Capital Markets LLC
Co- Manager: Midland Securities, Ltd
Co- Manager: Oppenheimer & Co. Inc.
Co- Manager: Rafferty Capital Markets, LLC
Co- Manager: Ross, Sinclaire & Associates, Inc.
i.. �r' Litio- Ij . . oi ill �.
!c if pr �; �..�'
,; i Texas Municipal Reports
"C t
i ➢, (General Obligation Debt) Last Revised: 4/2/2019
'
TMR # 2302
,f-
Guadalupe, Bexar, Comal Counties Page 9 of 14
Co- Manager: Stephens Inc.
Co- Manager: SumRidge Partners, LLC
Co- Manager: UMB Bank
Co- Manager: Vining- Sparks IBG
Co- Manager: W. H. Me]] Associates, Inc
Co- Manager: Wayne Hummer Investments
Co- Manager: Wedbush Securities
Co- Manager: WNJ Capital
Co- Manager: Sierra Pacific
Use of Proceeds: Public Safety.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019
150,000.00
3.0000% 1.090%
Bank Qualified
0210112020
155,000.00
3.0000% 1.190%
12/15/2017
0210112021
160,000.00
3.0000% 1.350%
01/04/2018
0210112022
165,000.00
3.0000% 1.500%
2.1198%
0210112023
170,000.00
3.0000% 1.650%
FR
0210112024
175,000.00
3.0000% 1.750%
02/01/2025
180,000.00
3.0000% 1.900%
2.1200%
02/01/2026
185,000.00
3.0000% 2.000%
610,000.00
0210112027
190,000.00
3.0000% 2.150%
02/01/2028
195,000.00
3.0000% 2.300%
2.1200%
02/01/2029
205,000.00
3.0000% 2.400%
635.000.00
02/01/2030
210,000.00
3.0000% 2.500%
0210112031
215,000.00
3.0000% 2.600%
2.1200%
02/01/2033T
455,000.00
3.0000% 2.800%
660.000.00
02/01/2035T
480,000.00
3.2500% 3.000%
02/01/2037T
510,000.00
3.2500% 3.150%
$3.800.000.00
Call Option: Bonds maturing on 0210112028 to 0210112031 and term bonds maturing
on 02/01/2033 and 02/01/2035 and 0210112037 callable in whole or in part on any
date beginning 0210112027 @ par.
Term Call: Term bonds maturing on 02/01/2033 subject to mandatory redemption as
follows:
Redemption Date Principal Amount
02/01/2032 $225,000
02/01/2033 $230.000
$455,000
Term bonds maturing on 02/01/2035 subject to mandatory redemption as follows
Redemption Date Principal Amount
02/01/2034 $235,000
02/01/2035 $245.000
$480.000
Term bonds maturing on 02/01/2037 subject to mandatory redemption as follows
Redemption Date Principal Amount
02/01/2036 $250.000
0210112037 $260.000
$510,000
GO Ref Bds Ser 2018
550,000.00
Tax Treatment:
Bank Qualified
Original Issue Amount
$6,035,000.00
Dated Date:
12/15/2017
Sale Date:
1211212017
Delivery Date:
01/04/2018
Sale Type:
Private Placement
TIC:
2.1198%
Record Date:
MSRB
Bond Form:
FR
Denomination
$100,000
i..1
J in
Interest pays Semi - Annually: 02101, 08/01
1st Coupon Date: 08/01/2018
Paying Agent: First National Bank Texas, Killeen, TX
Bond Counsel: Norton Rose Fulbright US LLP, San Antonio, TX
Financial Advisor: SAMCO Capital Markets, Inc., San Antonio, TX
Purchaser: First National Bank Texas, Killeen, TX
Use of Proceeds: Refunding.
Refunding Notes: This bond refunded maturities from the following issues:
GO Dos Ser 2008
Refunded Amount Mat Date Coupon Price Sched Call
500,000.00 02/01/2019 4.130 Par 02/01/2018
520,000.00 0210112020 4.130 Par 0210112018
540,000.00 0210112021 4.130 Par 02/01/2018
565,000.00 0210112022 4.130 Par 02/01/2018
585,000.00 02/01/2023 4.130 Par 02/01/2018
610,000.00 0210112024 4.130 Par 02/01/2018
640,000.00 02/01/2025 4.130 Par 02/01/2018
665,000.00 0210112026 4.130 Par 0210112018
690,000.00 0210112027 4.130 Par 0210112018
720,000.00 0210112028 4.130 Par 02/01/2018
Grid Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019
550,000.00
Sale Date:
2.1200%
100.00%
08/08/2018
0210112020
560.000.00
TIC:
2.1200%
100.00%
MSRB
0210112021
570.000.00
Denomination
2.1200%
100.00%
Semi - Annually: 08/01, 02101
0210112022
585,000.00
2.1200%
100.00%
0210112023
595,000.00
2.1200%
100.00%
0210112024
610,000.00
2.1200%
100.00%
02/01/2025
625,000.00
2.1200%
100.00%
02/01/2026
635.000.00
2.1200%
100.00%
0210112027
645,000.00
2.1200%
100.00%
02/01/2028
660.000.00
2.1200%
100.00%
$6.035.000.00
Call Option: Bonds maturing on 0210112024 to 02/01/2028 callable in whole or in
part on any date beginning 02/01/2023 @ par.
Comb Tax & Ltd Pledge Rev C/O Ser 2018
Tax Treatment: Tax Exempt
Original Issue Amount $10.440,000.00
Dated Date:
07/01/2018
Sale Date:
07/10/2018
Delivery Date:
08/08/2018
Sale Type:
Competitive
TIC:
3.1999%
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi - Annually: 08/01, 02101
1st Coupon Date:
02/01/2019
Paying Agent: UMB Bank, N.A., Dallas, TX
Bond Counsel: Norton Rose Fulbright US LLP, San Antonio, TX
Financial Advisor: SAMCO Capital Markets, Inc., San Antonio, TX
Lead Manager: Morgan Stanley
Co- Manager: Fidelity Capital Markets
Co- Manager: Raymond James
Co- Manager: UBS Financial Services, Inc.
Co- Manager: Ziegler Securities Inc.
Security : Limited Tax and a Subordinate lien on the Net revenues of the Utility
system not to exceed $1.000.
Water & Sewer 53.49%
,; i Texas Municipal Reports
Fe F
i ➢, (General Obligation Debt) Last Revised: 4/2/2019
'
TMR # 2302
,f-
Guadalupe, Bexar, Comal Counties Page 10 of 14
Use of Proceeds: Public Improvements.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019
385,000.00
5.0000%
1.550%
0210112020
405,000.00
5.0000%
1.750%
0210112021
430,000.00
5.0000%
1.900%
0210112022
450,000.00
5.0000%
2.020%
02/01/2023
475,000.00
5.0000%
2.130%
02/01/2024
495,000.00
5.0000%
2.240%
02/01/2025
520,000.00
5.0000%
2.380%
02/01/2026
435,000.00
5.0000%
2.500%
0210112027
455,000.00
5.0000%
2.590%
02/01/2028
480,000.00
5.0000%
2.640%
02/01/2029
505,000.00
5.0000%
2.680%
02/01/2030
525,000.00
4.0000%
2.850%
02/01/2031
545,000.00
3.0000%
3.150%
0210112032
560,000.00
3.0000%
3.250%
02/01/2033
580,000.00
3.1250%
3.300%
0210112034
595,000.00
3.2500%
3.350%
02/01/2035
620,000.00
3.2500%
3.400%
02/01/2036
640,000.00
3.3750%
3.452%
02/01/2037
660,000.00
3.3750%
3.486%
02/01/2038
680,000.00
3.5000%
100.00%
$10,440,000.00
Call Option: Bonds maturing on 02/01/2029 to 02/01/2038 callable in whole or in
part on any date beginning 0210112028 @ par.
GO & Ref Bds Ser 2018
Tax Treatment: Tax Exempt
Original Issue Amount $8,570,000.00
Dated Date:
10/15/2018
Sale Date:
10/23/2018
Delivery Date:
11/27/2018
Sale Type:
Competitive
TIC:
3.0987%
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi - Annually: 08/01, 02101
1st Coupon Date:
02/01/2019
Paying Agent: UMB Bank, N.A., Austin, TX
Bond Counsel: Norton Rose Fulbright US LLP, San Antonio, TX
Financial Advisor: SAMCO Capital Markets, Inc., San Antonio, TX
Lead Manager: Citigroup Global Markets Inc.
Co- Manager: Academy Securities
Co- Manager: Amuni Financial Inc.
Co- Manager: Drexel Hamilton, LLC
Co- Manager: Estrada Hinodosa & Company, Inc.
Co- Manager: George K. Baum & Company
Co- Manager: Intercoastal Capital Markets Inc.
Co- Manager: Protective Securities
Co- Manager: Ramirez & Co., Inc.
Co- Manager: Roosevelt & Cross
Co- Manager: Siebert Cisneros Shank & Co., L.L.C.
Co- Manager: UMB Bank
Co- Manager: Wells Nelson & Associates. LLC
Co- Manager: Wiley Bros. Aintree Capital
Water & Sewer 31.90%
Use of Proceeds: Refunding, Street & Bridge.
Refunding Notes: This bond refunded maturities from the following issues
Comb Tax & Ltd Pledge Rev C/O Ser 2007
Refunded Amount Mat Date Coupon Price Sched Call
370,000.00 08/01/2020 4.010 Par 11/28/2018
385,000.00 0810112021 4.010 Par 1112812018
400,000.00 08/01/2022 4.010 Par 11/28/2018
420,000.00 08/01/2023 4.010 Par 11/28/2018
435,000.00 08/01/2024 4.010 Par 11/28/2018
455,000.00 08/01/2025 4.010 Par 11/28/2018
470,000.00 08/01/2026 4.010 Par 11/28/2018
GO & Ref Bds Ser 2009
Refunded Amount Mat Date Coupon Price Sched Call
250,000.00 0210112020 1750 Par 02/01/2019
350,000.00 0210112022 4.050 Par 02/01/2019
390,000.00 0210112024 4.250 Par 02/01/2019
1,160,000.00 0210112028 4.500 Par 02/01/2019
2,555.000.00 02/01/2033 5.500 Par 02/01/2019
GO Ref Bds Ser 2010
Refunded Amount Mat Date Coupon Price Sched Call
310,000.00 0210112020 4.000 Par 11/28/2018
320,000.00 0210112021 4.000 Par 11/28/2018
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2019
95,000.00
5.0000%
1.920%
0210112020
915,000.00
,r i,
5.0000%
2.110%
0210112021
880,000.00
5.0000%
2.180%
0210112022
555,000.00
5.0000%
2.270%
0210112023
595,000.00
5.0000%
2.380%
0210112024
660,000.00
5.0000%
2.480%
02/01/2025
670,000.00
5.0000%
2.600%
02/01/2026
700,000.00
5.0000%
2.720%
0210112027
260,000.00
5.0000%
2.840%
0210112028
570,000.00
4.0000%
3.000%
0210112029
495,000.00
4.0000%
3.120%
0210112030
515,000.00
4.0000%
3.220%
0210112031
535,000.00
3.1250%
1402%
02/01/2032
555,000.00
12500%
1524%
02/01/2033
570.000.00
3.3750%
3.601%
$8,570,000.00
Call Option: Bonds maturing on 0210112029 to 02/01/2033 callable in whole or in
part on any date beginning 0210112028 @ par.
Grand Total _ ______________> $81,145,000.00
Bond Debt Service
Period Ending Principal Interest Debt Service
09/30/19
09/30/20
09/30/21
09/30/22
09/30/23
09/30/24
09/30/25
09/30/26
09/30/27
09/30/28
09/30/29
09/30/30
09/30/31
09/30/32
09/30/33
09/30/34
09/30/35
09/30/36
09/30/37
6,320,000.00
6,405,000.00
6,360,000.00
5,610,000.00
5,530,000.00
5,580,000.00
4,930,000.00
4,770,000.00
4,470,000.00
4,495,000.00
3,875,000.00
4,025,000.00
4,270,000.00
3,245,000.00
2,835,000.00
2,100,000.00
2,190,000.00
2,270,000.00
1.185.000.00
2,670,829.66
2,512,111.25
2,299,309.25
2,091,862.00
1,901,828.00
1,710,761.75
1,524,701.75
1,346,862.50
1,179,118.00
1,020,502.25
868,496.88
723,943.75
582,153.75
457,278.75
352-,806.25
264,643.75
186,600.00
104,943.75
43.468.75
8,990,829.66
8,917,111.25
8,659,309.25
7,701.862.00
7,431,828.00
7,290,761.75
6,454,701.75
6,1.16,862.50
5,649,118.00
5,515,502.25
4,743,496.88
4,748,943.75
4,852,153.75
3,702,278.75
3,1.87,806.25
2,364,643.75
2,376,600.00
2,374,943.75
1.228.468.75
,
.. .,,
,r i,
. ,. ., ,, c, ... .. .. ..
,,� !f«
'4.
Schertz, City Texas Municipal Reports
'_' I
i ➢, (General Obligation Debt) Last Revised: 4/2/2019
'
TMR # 2302
,f-
Guadalupe, Bexar, Comal Counties Page 11 of 14
09/30/38 680,000.00 11,900.00 691,900.00
81,145,000.00 21,854,122.03 102,999,122.03
COMPUTED ON BASIS OF MANDATORY REDEMPTION
Debt Amortization Rates
condensed statements have been
compiled using
accounting principles
customarily
employed in the
%
of Principal
available for debt service,
Period Ending
Principal
Retired
depreciation, transfers,
09/30/2019
6,320,000.00
expenditures
07.79%
capital.
09/30/2020
6,405,000.00
Total:
15.68%
$15,000,000
09/30/2021
6,360,000.00
Year Ended
23.52%
from the following election
09/30/2022
5,610,000.00
09 -30 -2016
30.43%
Revenues:
09/30/2023
5.530,000.00
12/16/1961-
37.25%
Fees & Charges
09/30/2024
5,580,000.00
$5,921,223
44.12%
Other
09/30/2025
4,930,000.00
814
50.20%
Total Revenues
09/30/2026
4,770,000.00
-- - - - - --
$5,922,037
56.08%
Expenses
09/30/2027
4,470,000.00
$4,681,742
61.59%
Available For
09/30/2028
4,495,000.00
Inactive employees entitled to but
67.13%
Debt Service
09/30/2029
3,875,000.00
$1,240,295
71.90%
322
09/30/2030
4.025,000.00
76.86%
09/30/2031
4,270,000.00
82.12%
09/30/2032
3,245,000.00
86.12%
09/30/2033
2,835,000.00
89.62%
09/30/2034
2,100,000.00
92.21%
09/30/2035
2,190,000.00
94.90%
09/30/2036
2,270,000.00
97.70%
09/30/2037
1,185,000.00
99.16%
09/30/2038
680,000.00
100.00%
G.O. Debt Service Requirements for
fiscal year- ending 09/30/2019
I &S Fds all G.O. issues 09/30/2018
2018 I &S Fund Tax Levy @ 90%
Water & Sewer
EMS Building
Drainage
1:24:7 1Z[tj&t IF—All 1114ky,14►k1
$8,990,83C
$1,099,858
6,018,890
1,957,577
149,977
133,811
SCHERTZ EMS OPERATING EXPERIENCES The following
condensed statements have been
compiled using
accounting principles
customarily
employed in the
determination
of net revenues
available for debt service,
and
in all instances
exclude
depreciation, transfers,
debt service
payments and
expenditures
identified as
capital.
2,605,000
4,395,000
Total:
Contributions Employee
$15,000,000
$10,605,000
Fiscal
Year Ended
authorizations
from the following election
09 -30 -2018
09 -30 -2017
09 -30 -2016
09 -30 -2015
Revenues:
too old:
$14,634,709
12/16/1961-
$14,000
Fees & Charges
$6,092,559
$6,366,894
$5,921,223
$4,415,126
Other
10,640
3,649
814
1,014
Total Revenues
-- - - - - --
$6,103,199
-- - - - - --
$6.370,543
-- - - - - --
$5,922,037
-- - - - - --
$4,416.140
Expenses
$5,726,157
$5,649,614
$4,681,742
$4,467,869
Available For
98
84
Inactive employees entitled to but
Debt Service
$377,042
$720,929
$1,240,295
($51,729)*
* The EMS had a deficit net positon. The City planned to remedy this deficit
with a review of expenditures as well as an increase in fees from participants.
GENERAL OBLIGATION BONDS AUTHORIZED BUT UNISSUED*
Election
74.71%
Amount
Issued
$17,603,310
Date
Purpose
Authorized
To Date
Unissued
11/03/15
Public Safety
$8,000,000
$8,000,000
$0
11/03/15
Street & Bridge
7,000,000
2,605,000
4,395,000
Total:
Contributions Employee
$15,000,000
$10,605,000
$4,395.000
* Excludes
authorizations
from the following election
propositions)
because the
remaining
authorization is
deemed too small or
too old:
$14,634,709
12/16/1961-
$14,000
Sewer
% of Total Pension Liability
07/18/1970-
$250,000
Sewer
17,603,310
16,478,620
08/09/1997-
$595
Fire Improvements
of Covered Payroll
83.14%
08/09/1997-
$330
hospital
Inactive employees or beneficiaries
:24i,NIs]tl1[]i I all Itr_1:3 III ki1
All qualified employees of the City are members of the Texas Municipal
Retirement System. The City employees also participate in the U.S. Social
Security program.
Required Contribution Rates (Percentage of gross covered salary)
2019 2018
Employee: 7.00% 7.00%
City: 16.16% 16.14%
Actuarial Valuation as of 1213112017 12/31/2016
Assets $49,347,226 $44,121,457
Accrued Liabilities $66.054.349 $60,296,483
(Unfunded) /Overfunded Liab. ($16,707,123) ($16.175,026)
Funded Ratio
74.71%
73.17%
Annual Covered Payroll
$17,603,310
$16,478,620
(Unfunded) /Overfunded Liability
as a % of Covered Payroll
(94.91)%
(98.16)%
Pension Liability - Beginning
$60,296,483
$55,119,232
Pension Liability Ending (a)
$66,054,349
$60,296,483
Contributions Employer
$2,793,644
$2,627,335
Contributions Employee
$1,232,232
$1,152,864
Plan Fiduciary Net Position Beg
$43,270,388
$38,499,857
Plan Fiduciary Net Position End (b)
$51,419,640
$43,270,388
Net Pension Liability (a) - (b)
(Pension Liab - Fiduciary Position)
$14,634,709
$17,026,095
Plan Fiduciary Net Position as a
% of Total Pension Liability
77.84%
71.76%
Covered Employee Payroll
17,603,310
16,478,620
Net Pension Liability as a %
of Covered Payroll
83.14%
103.32%
Membership Data
Inactive employees or beneficiaries
currently receiving benefits
98
84
Inactive employees entitled to but
not yet receiving benefits
166
155
Active employees
322
317
Total 586 556
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Schertz, City Texas Municipal Reports
i ➢, (General Obligation Debt) Last Revised: 4/2/2019
'
TMR # 2302
,f-
Guadalupe, Bexar, Comal Counties Page 12 of 14
Source: Texas Municipal Retirement System.
POST EMPLOYMENT HEALTH BENEFITS: GASB STATEMENT 45 GASB released the Statement
of Governmental Accounting Standards No. 45 (GASB 45), Accounting and Financial
Reporting by Employers for Post Employment Benefits Other Than Pensions (OPEB),
in June 2004. The City has implemented GASB 45 for the fiscal year ending
September 30, 2014. GASB 45 sets forth standards for measurement, recognition,
and display of post - employment benefits, other than pensions, such as health and
life insurance for current and future retirees.
Measurement Year 2018
Net change in total OPEB liability
Total OPEB liability Beg.
Total OPEB liability - Ending
Covered employee payroll
Total OPEB liability as a %age
of covered employee payroll
$103,785
$519.156
$622,941
$17,603,310
3.54%
SUPPLEMENTAL DEATH BENEFIT PLAN SUPPLEMENTAL DEATH BENEFIT PLAN The City also
participates in the cost sharing multiple- employer defined benefit group -term
life insurance plan operated by TMRS known as the Supplemental Death Benefits
Fund (SDBF). The City elected, by ordinance, to provide group -term life
insurance coverage to both current and retired employees.
The death benefit for active employees provides a lump -sum payment approximately
equal to the employee's annual salary: retired employees are insured for $7,500;
this coverage is an "other postemployment benefit."
Source: City of Schertz CAFR 9 -30 -2018.
NON FUNDED DEBT
NON- FUNDED DEBT PAYABLE (As of September 30, 2018)
The City reports additional debt in the principal amount of $2,701.398 under
Emergency Medical Services and $14,398,565 under Govt Activities as follows:
Amount Next Year's Reported
Outstanding Requirements Under
Compensated Absences
$191,420
N/A
Emergency Medical Services
OPEB*
$411,613
N/A
Emergency Medical Services
Pension Liability*
$2.098,365
N/A
Emergency Medical Services
Capital Lease
$34.264
$8,565* *Govt Activities
Compensated Absences
$1,227,324
N/A
Govt Activities
Pension Liability*
$11,11.3,219
N/A
Govt Activities
OPEB*
$2,023,758
N/A
Govt Activities
* See PENSION FUND LIABILITY
section
for details
of this obligation.
** Amount excludes interest
ESTIMATED OVERLAPPING DEBT STATEMENT
Taxing Body Debt Amount As Of %Ovlpg Ovlpg Amt
Alamo CCD $470,915,000 * 02/28/19 0.29 $1,365,654
Bexar Cc 1,469,227,300 09/30/17 0.29 4,260,759
Bexar Co Hosp Dist 840,300,000 * 02/28/19 0.29 2,436,870
Comal Cc 138,670,000 10/01/18 4.84 6,711,628
Comal ISD 747,720,504 * 02/28/19 4.92 36,787.849
Guadalupe Cc 11,570,000 * 02/28/19 20.26 2,344,082
Schertz- Cibolo- Universal
City ISD 402,091,192 10/01/18 48.79 196,180,293
Total Overlapping Debt: $250,087,134
Schertz. City of 09/30/18 $64,984,244
Total Direct and Overlapping Debt: $315,071,378
Total Direct and Overlapping Debt % of A.V.: 7.77%
Total Direct and Overlapping Debt per Capita: $7,859
* Gross Debt
r•
This section contains excerpt(s) from or a summary of filings made by or on
behalf of the issuer. The information below is an extract or summary only. The
complete filing should be viewed on the Texas MAC website (www.mactexas.com) or
the Electronic Municipal Market Access (EMMA) System of the Municipal Securities
Rulemaking Board (https: / /emma.msrb.org /). See TMR disclaimer at the bottom of
this page.
11/16/2015 - Standard & Poor's Underlying: Upgrade on 05/28/2014
"On May 28, 201.4, Standard and Poor's ( "S &P ") upgraded the rating on the City's
existing general obligation debt from "AA" to "AA + ".
"Notice of this event was timely filed on May 28, 2014, but was inadvertently
associated with the wrong base CUSIP for outstanding City debt. Accordingly,
this filing is made to correct this technical error."
05/19/201.5 - Standard & Poor's Underlying: Upgrade on 05/08/201.5
"Standard & Poor's Rating Services upgraded the rating for the general
obligation debt of Bexar County from 'AA +" (Positive Outlook) to "AAA" (Stable
Outlook), due primarily to the county's consistent trend of improved budgetary
performance and the continued growth and diversification of the county's
economic base."
05/28/2014 - S &P Underlying Rating Upgrade
"Standard & Poor's Ratings Services raised its rating on Schertz, Texas' general
obligation (GO) debt one notch to 'AA +' from 'AA'. The stable outlook reflects
Standard & Poor's opinion of Schertz's very strong budget flexibility and
liquidity, supported by a strong management team and economy."
The City of Schertz is a retail center and fast - growing suburb located
approximately 20 miles northeast of San Antonio and is between the Cities of San
Antonio and New Braunfels, on Interstate 35 and FM 78 and on Interstate 10.
between San Antonio and Seguin. The City is near the center of the San Antonio
Metropolitan Statistical Area. The City serves an agricultural area in the
process of transforming into an urban setting with rapid growth. The City is
located in Guadalupe County with a portion extending into Bexar and Comal
Counties. The City's 2010 census was 31,465, increasing 68.32% since 2000.
COUNTY CHARACTERISTICS: Guadalupe County was created and organized in 1846 from
Bexar and Gonzales Counties and named after the Guadalupe River, which runs
through the middle. The county is located in south central Texas and traversed
by Interstate Highways 10 and 35.
COUNTY SEAT: Seguin
2010 census: 131,533 increasing 47.8% since 2000
2000 census: 89,023 increasing 37.2% since 1990
1990 census: 64,873
ECONOMIC BASE
Mineral: oil, gravel, gas and clay.
Industry: varied manufacturing and agribusiness
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Schertz, City Texas Municipal Reports
"C I
i ➢, (General Obligation Debt) Last Revised: 4/2/2019
'
TMR # 2302
,f-
Guadalupe, Bexar, Comal Counties Page 13 of 14
Agricultural: wheat, pecans, nursery crops, mild, hay, cotton, corn and cattle
OIL AND GAS - 2018
The oil production for this county accounts for 0.06% of the total state
production. The county ranks 88 out of all the counties in Texas for oil
production.
OIL PRODUCTION (Texas Railroad Commission)
Year Description Volume % Change From Previous Year
2015 Oil 741,580 BBL -17.31
2016 Oil 708,784 BBL -4.42
2017 Oil 658,374 BBL -7.11
2018 Oil 648,064 BBL -1.57
CASINGHEAD (Texas Railroad Commission)
Year Description Volume % Change From Previous Year
2015 Casinghead 35,184 MCC -19.20
2016 Casinghead 38,784 MCF 10.23
2017 Casinghead 10,649 MCF -72.54
2018 Casinghead 10 MCF -99.91
RETAIL SALES & EFFECTIVE BUYING INCOME (The Nielsen Company)
Year 2018 2017 2016
Retail Sales $2.9B $1.3B $1.4B
Effective Buying Income (EBI) $4.OB $3.8B $3.4B
County Median Household Income $59,902 $56,645 $53,189
State Median Household Income $61,175 $57,227 $55,352
% of Households with EBI below $25K 16.3% 16.6% 9.4%
% of Households with EBI above $25K 70.3% 71.5% 70.9%
EMPLOYMENT DATA (Texas Workforce Commission)
2018 2017 2016
Employed Earnings Employed Earnings Employed Earnings
1st Q: 41,005 $449.6M 39,254 $403.6M 37,487 $366.611
end Q: 41,561 $457.7M 40,377 $426.3M 38,428 $383.111
3rd Q: 41,703 $450.2M 41,313 $428.6M 38,632 $397.611
4th Q: N/A N/A 41,556 $455.3M 39,745 $416.4M
MAJOR COLLEGES AND UNIVERSITIES: Texas Lutheran University
COLLEGES AND UNIVERSITIES
Year Total Fall Enrollment
2018 1 1,447
2017 1 1,394
2016 1 1,295
2015 1 1,373
2014 1 1,319
2013 1 1,338
2012 1 1,317
2011 1 1,415
2010 1 1,340
2009 1 1,387
2008 1 1,432
Major Employers
# Employees
Schertz /Cibolo /UC ISO
1,837
Education
1.58%
Amazon.com
900
Online Retail
1.38%
Sysco Central Texas
807
Food Distributor
0.94%
Baker Hughes, a GE Company
500
Oil & Gas
The Brandt Companies, LLC
476
Engineering
FedEx Ground
462
Package Shipping Company
Visionworks
396
Optical Goods
Republic Beverage Company 372
Beverage Services
FEB Grocery Co. 350
Grocery Store
City of Schertz 316
Government
Source: City of Schertz CAFR dated September 30, 2018.
TOP TAXPAYERS
Principal Taxpayers
1. Caterpillar
Equipment
2. Sysco Central Texas
Food Packaging /Processing
3. Amazon LLC
Wholesale Supplier /Distribution Center
4. US Real Estate LP
Commercial Land
5. Republic Beverage Co.
Wholesale Supplier /Distribution Center
6. Colfin 2018 -3 Industrial Owner LLC
Commercial Land
7. Shell US Gas & Power LLC
Oil & Gas
8. GE Oil & Gas Inc.
Oil & Gas
9. SA WFR Partners LLC
Apartments
10. EM LP
Commercial Land
Total:
Mayor
Michael Carpenter
1400 Schertz Parkway
Schertz, TX 78154
Phone: 210 -619 -1040
Fax: 210 -619 -1039
mcarpenter @schertz.com
City Manager
Dr. Mark Browne
1400 Schertz Parkway
Schertz, TX 78154
Phone: 210- 619 -1000
Fax: 210 -619 -1039
mbrowne @schertz.com
City Secretary
Brenda Dennis
1400 Schertz Parkway
Schertz, TX 78154
Phone: 210- 619 -1030
Fax: 210- 619 -1039
bdennis @schertz.com
Director of Finance
James Walters
1400 Schertz Parkway
Schertz, TX 78154
Phone: 210- 619 -1140
Fax: 210 - 619 -1039
2018 A. V. % of A. V.
$127,829,440
3.15%
108,437,649
2.67%
64,043,532
1.58%
60,564,813
1.49%
56,088.100
1.38%
44,527,470
1.10%
37.942.000
0.94%
28,301,316 0.70%
26,108.900 0.64%
20,176,800 0.50%
- - - -- - - - - --
$574.020.020 14.15%
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,_'
i ➢, (General Obligation Debt) Last Revised: 4/2/2019
'
TMR # 2302
,f-
Guadalupe, Bexar, Comal Counties Page 14 of 14
jwalters @schertz.com
Tax Assessor /Collector
Daryl John
Guadalupe County Tax Office
307 W Court St.
Seguin, TX 78155
Phone: 830- 303 -3421
Fax: 830 - 372 -9940
daryl.john @co.guadalupe.tx.us
Chief Appraiser
Jamie Osborne
Guadalupe Appraisal District
3000 N Austin St.
Seguin, TX 78155
Phone: 830- 303 -3313
Fax: 830 -372 -2874
gadprotest @guadalupead.org
Chief Appraiser
Rufino Lozano
Comal County Appraisal District
900 S. Seguin Ave.
New Braunfels, TX 78131
Phone: 830 - 625 -8597
Fax: 830- 625 -8598
lozanr @co.comal.tx.us
Chief Appraiser
Michael Amezquita
Bexar County Appraisal District
411 N. Frio
San Antonio, Tx 78207
Phone: 210 - 224 -8511
Fax: 210 - 242 -2454
cs @bcad.org
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,; z/ i t Government Corp Texas Municipal Reports
'IC �
p i (San Antonia Water System Expansion) Last Revised: 10/24/2018
o
TIVIR # 2854
,f-
Guadalupe County Page 1 of 4
FINANCIAL STATEMENT
FOR OTHER BONDS FOR THIS ISSUER, SEE SEPARATE MUNICIPAL REPORTS
FINANCIAL STATEMENT (As of September 30, 2017)
Special Obligation Debt
Senior Lien $23,660,000
PAYMENT RECORD
Never defaulted.
DETAILS OF OUTSTANDING DEBT
Details of Senior Lien Debt (Outstanding 9/3012017)
Contract Rev Bds Ser 2012 (San Antonio Water System Expansion Water
Treatment Project 2)
Lien: Senior
Tax Treatment: Tax Exempt
Original Issue Amount $25,425,000.00
Dated Date:
06/01/2012
Sale Date:
06/19/2012
Delivery Date:
07/19/2012
Sale Type:
Negotiated
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi - Annually: 08/01, 02101
1st Coupon Date:
0210112013
Paying Agent: Regions Bank, Houston, TX
Bond Counsel: Fulbright & Jaworski L.L.P.
Financial Advisor: Southwest Securities, San Antonio, TX
Co- Financial Advisor: SAMCO Capital Markets, Inc., San Antonio, TX
Lead Manager: Piper Jaffray & Co.
Co- Manager: Allison, M.E. & Co., Inc.
Co- Manager: BBC Capital Markets
Underwriter's Counsel: Andrews Kurth L.L.P.
Use of Proceeds: Water.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2018 620,000.00
02/01/2019 645,000.00
0210112020 670,000.00
0210112021 700,000.00
0210112022 725,000.00
0210112023 755,000.00
0210112024 785,000.00
02/01/2025 815,000.00
02/01/2026 840,000.00
0210112027 865,000.00
02/01/2032T 4,825,000.00
02/01/2041T 11,415,000.00
4.0000% 1.4508
4.0000% 1.750%
4.0000% 2.050%
4.0000% 2.300%
4.0000% 2.490%
4.0000% 2.710%
4.0000% 2.910%
3.0000% 3.140%
3.0000% 3.230%
3.1250% 3.320%
3.6250% 3.8507
4.0000% 4.090%
$23,660,000.00
Call Option: Bonds maturing on 0210112021 to 0210112027 and term bonds maturing
on 0210112032 and 0210112041 callable in whole or in part on any date beginning
0210112020 @ par.
Term Call: Term bonds maturing on 0210112032:
Mandatory Redemption Date Principal Amount
0210112028 $895,000
02/01/2029 $930,000
0210112030 $965,000
02/01/2031 $1.000.000
02/01/2032
$1,035,000
Term bonds maturing on
02/01/2041:
Mandatory Redemption
Date Principal Amount
02/01/2033
$1,075,000
02/01/2034
$1,120,000
02/01/2035
$1,165,000
02/01/2036
$1,210,000
02/01/2037
$1,260,000
02/01/2038
$1,315,000
02/01/2039
$1,365,000
0210112040
$1,425,000
0210112041
$1,480.000
Grand Total _ ______________> $23,660,000.00
Bond Debt Service
Period Ending Principal Interest Debt Service
09/30/18
620,000.00
02.62%
891,787.50
09/30/2019
1,511,787.50
09/30/1.9
645,000.00
09/30/2020
866,487.50
08.18%
1,511,487.50
09/30/20
670,000.00
11.14%
840,187.50
0913012022
1,510,187.50
09/30/21
700,000.00
09/30/2023
812,787.50
17.39%
1,512,787.50
09/30/22
725,000.00
20.71%
784,287.50
09/30/2025
1,509,287.50
09/30/23
755,000.00
09/30/2026
754,687.50
27.70%
1,509,687.50
09/30/24
785,000.00
31.36%
723,887.50
09/30/2028
1,508,887.50
09/30/25
815,000.00
09/30/2029
695,962.50
39.07%
1,510,962.50
09/30/26
840,000.00
43.15%
671,1.37.50
1,511,137.50
09/30/27
865,000.00
645,021.88
1,510,021.88
09/30/28
895,000.00
615,284.38
1,510,284.38
09/30/29
930,000.00
582,206.25
1,512,206.25
09/30/30
965,000.00
547,859.38
1,512,859.38
09/30/31
1,000,000.00
512,243.75
1,512,243.75
09/30/32
1,035,000.00
475,359.38
1,510,359.38
09/30/33
1,075,000.00
435,1.00.00
1,510,100.00
09/30/34
1,120,000.00
391,200.00
1,511,200.00
09/30/35
1,165,000.00
345,500.00
1,510,500.00
09/30/36
1,210,000.00
298,000.00
1,508,000.00
09/30/37
1,260,000.00
248,600.00
1,508,600.00
09/30/38
1,315,000.00
197,100.00
1,512,100.00
09/30/39
1,365,000.00
143,500.00
1,508,500.00
09/30/40
1,425,000.00
87,700.00
1,512,700.00
09/30/41
1,480,000.00
29,600.00
1,509,600.00
23,660,000.00
12,595,487.50
36,255,487.50
COMPUTED ON BASIS OF MANDATORY REDEMPTION
Debt Amortization Rates
% of Principal
Period Ending Principal Retired
09/30/2018
620,000.00
02.62%
09/30/2019
645,000.00
05.35%
09/30/2020
670,000.00
08.18%
09/30/2021
700,000.00
11.14%
0913012022
725,000.00
14.20%
09/30/2023
755,000.00
17.39%
09/30/2024
785,000.00
20.71%
09/30/2025
815,000.00
24.15%
09/30/2026
840,000.00
27.70%
09/30/2027
865,000.00
31.36%
09/30/2028
895,000.00
35.14%
09/30/2029
930,000.00
39.07%
09/30/2030
965,000.00
43.15%
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TMR # 2854
,f-
Guadalupe County Page 2 of 4
09/30/2031
1,000,000.00
47.38%
09/30/2032
1,035,000.00
Year Ended
51.75%
$2,467,171
09/30/2033
1,075,000.00
09 -30 -2015
56.30%
Revenues:
09/30/2034
1,120,000.00
85.399
61.03%
Water Revenue
09/30/2035
1,165,000.00
$16,278,709
65.96%
Impact Fees
09/30/2036
1,210,000.00
910,030
71.07%
Reservation Fees
09/30/2037
1,260,000.00
0
76.39%
Lease Revenue
09/30/2038
1,315,000.00
129,600
81.95%
Other
09/30/2039
1,365,000.00
158,800
87.72%
09/30/2040
1,425,000.00
93.74%
09/30/2041
1,480,000.00
100.00%
SECURITY The Series 2012 bonds are special limited obligations of the
Schertz /Seguin Local Government Corporation payable and secured solely by a lien
on and pledge of the bonds payment portion of the annual payments to be paid
independently by the City of San Antonio to the Corporation pursuant to the
Mutual Regional Water Supply Contract, dated as of January 1, 2011, among the
Corporation, San Antonio Water System (SAWS), City of Schertz and the City of
Seguin. The Bonds are also secured by a lien on and pledge of the money in all
funds created, established and maintained by a Resolution.
RESERVE FUND The Corporation has not created, and there does not exist, a debt
service reserve fund relating to or providing additional security for the bonds,
though the Corporation has, in the Resolution, reserved the right to create such
a debt service reserve fund in conjunction with the future issuance of
additional bonds or additional obligations.
RATES AND CHARGES The Corporation has covenanted, while any of the bonds are
outstanding to establish and maintain rates and charges for facilities and
services afforded by the system that are reasonably expected, on the basis of
available information and experience and with due allowance for contingencies to
produce gross revenues in each year sufficient (i) to pall all maintenance and
operating expenses, (ii) to produce net revenues sufficient to pay the debt
service on any prior lien obligations issued by the Corporation and any amounts
required to be on deposit, (iii) to produce net revenues sufficient to pay the
debt service on any junior lien obligations issued by the Corporation and any
amounts required to be on deposit, (iv) to produce net revenues sufficient to
pay the debt service on and inferior lien obligations issued by the Corporation
and any amounts required to be on deposit, and (v) to produce net revenues to
pay debt service on the bonds similarly secured as the same become due and
payable and to deposit the amounts required to be deposited in any special fund
or account.
ADDITIONAL BONDS The Corporation reserves the right to issue additional
obligations that are payable from a lien on and pledge of the Pledged Revenues
on parity with the lien thereon and pledge thereof securing the bonds and
additional obligations without limitation as to principal amount but subject to
any terms, conditions or restrictions as may be applicable thereto under law or
otherwise.
PROJECT SAWS desires to obtain additional water supply to supplement its
existing sources, and has identified excess water supply of the Corporation,
derived from the Corporation's own and existing resources, and the development
by SAWS of its own well field in western Gonzales County, which is in the
vicinity of the system but farther from the SAWS System, as sources for this
excess water supply.
SCHERTZ /SEGUIN LOCAL
GOVERNMENT CORPORATION
Lease Payments
Fiscal
Year Ended
$2,234,066
$2,467,171
09 -30 -2017
09 -30 -2016
09 -30 -2015
09 -30 -2014
Revenues:
Amortization Expense
80,156
85.399
85,399
Water Revenue
$16,415,653
$14,675,393
$16,278,709
$13,790,208
Impact Fees
849,289
927,843
910,030
449,997
Reservation Fees
0
0
0
269,000
Lease Revenue
53,698
146,214
129,600
93,369
Other
349,871
260,967
158,800
124,447
7, =
J 'A.
JI ., _, ..
-- - - - - -- -- - - - - -- -- - - - - -- -- - - - - --
Total Revenues $17,668,511 $16.010,417 $17,477,139 $14,727,021
Expenses:
Lease Payments
$2,414,771
$2,252,353
$2,234,066
$2,467,171
Depreciation
2,436,451
2,395,014
1,962,622
1,547,003
Amortization Expense
80,156
85.399
85,399
85.399
Other
4,188,273
4,574,831
4,735,359
3,256,985
Total Expenses $9,119,651 $9,307,597 $9,017,446 $7,356,558
Available For
Debt Service $8,548,860 $6,702,820 $8,459,693 $7,370,463
Nonoperating Income
(Expense)
Interest Income $ 772,494 $ 85,829 $ 17,595 $ 14,551
Contribution from Cities
of Schertz & Seguin -0- -0- -0- (269,000)
Interest Expense (5,131,266) (4,313,689) (2,668,447) (3,521,370)
Gain (Loss) on Disposal
of Assets 1,414 -0- (912,761) -0-
Bond Issuance Costs (916,291) -0- -0- -0-
---------- ---- - - - - -- ---- - - - - -- ---- - - - - --
Change in Net Assets $ 3,275,211 $ 2,474,960 $ 4,896,080 $ 3,594,644
Beg. Balance 10 -1 $12,892,618 $10,417,658 $ 5,521,578 $ 1,926,934
End. Balance 9 -30 $16,167,829 $12,892,618 $10,417,658 $ 5,521,578
NON FUND DEBT
NON- FUNDED DEBT PAYABLE (As of September 30, 2017) None.
MATERIAL EVENTS AND OTHER FILINGS
This section contains excerpt(s) from or a summary of filings made by or on
behalf of the issuer. The information below is an extract or summary only. The
complete filing should be viewed on the Texas MAC website (www.mactexas.com) or
the Electronic Municipal Market Access (EMMA) System of the Municipal Securities
Rulemaking Board (https: / /emma.msrb.org /). See TMR disclaimer at the bottom of
this page.
10/17/2018 - Notice of Failure to File Disclosure - City of Seguin (FYE 2013,
2014, 2016 & 2017)
"The audits for the City of Seguin, Texas for the years 2013, 2014, 2016 and
2017 were not filed under the Schertz /Seguin Local Government Corporation
CUSIPs. The issuer has implemented procedures in an attempt to eliminate future
non - compliance in accordance with the Rule."
10/02/2018 - Notice of Failure to File Disclosure - City of Schertz (FYE 2013,
2014, 2016 & 2017)
"Certain tables associated with the City of Schertz's Utility System were not
updated in accordance to the Rule. The City of Schertz audits for the years
2013, 2014, 2016 and 2017 were not filed under this CUSIP. This filing includes
all required information.
"The issuer has implemented procedures in an attempt to eliminate future
noncompliance in accordance with the Rule."
11/26/2014 - Standard & Poor's Underlying: Upgrade on 11/25/2014
"Standard & Poor's Ratings Services has raised its rating on Schertz /Seguin
Local Government Corp., Texas' existing contract revenue debt issued for Schertz
and Seguin one notch to 'A +' from 'A'. Standard & Poor's has also assigned its
'A +' rating to the LGC's series 2015 contract revenue improvement and refunding
bonds. The outlook is stable."
,; Schertz/Seguin i t Government Corp Texas Municipal Reports
'Ic
p i (San Antonia Water System Expansion) Last Revised: 10/24/2018
o
TMR # 2854
,f-
Guadalupe County Page 3 of 4
SCHERTZ /SEGUIN LOCAL GOVERNMENT CORPORATION
Schertz /Seguin Local Government Corporation is a public, non - profit corporation
created by the Cities of Schertz and Seguin, Texas, pursuant to Subchapter D of
Chapter 431, Texas Transportation Code, as amended.
The Corporation was formed on December 23, 1998, among other things, for the
purpose to assist, and act on behalf of the cities in acquiring, constructing,
leasing, improving, enlarging, extending, repairing, maintaining, developing and
operating a wholesale water utility supply system pursuant to the provisions of
Texas Local Government Code 402.001. (Chapter 402) and other applicable laws of
the State and to assist and act on behalf of the Cities of Schertz and Seguin in
accomplishing a governmental purpose in the provision of water for public use.
The Corporation is governed by a board of 5 directors appointed by the City
Councils of the Cities.
The Corporation is not authorized to levy a tax
COUNTY CHARACTERISTICS: Guadalupe County was created and organized in 1846 from
Bexar and Gonzales Counties and named after the Guadalupe River, which runs
through the middle. The county is located in south central Texas and traversed
by Interstate Highways 10 and 35.
COUNTY SEAT: Seguin
2010 census: 131,533 increasing 47.8% since 2000
2000 census: 89,023 increasing 37.2% since 1990
1990 census: 64,873
ECONOMIC BASE
Mineral: oil, gravel, gas and clay.
Industry: varied manufacturing and agribusiness.
Agricultural: wheat, pecans, nursery crops, mile, hay, cotton, corn and cattle.
OIL AND GAS - 2017
The oil production for this county accounts for 0.07% of the total state
production. The county ranks 86 out of all the counties in Texas for oil
production.
OIL
PRODUCTION (Texas Railroad
Commission)
Year
Description
Volume
% Change From Previous Year
2014
Oil
896.850 BBL
-7.31
2015
Oil
741,580 BBL
-17.31
2016
Oil
708,784 BBL
-4.42
2017
Oil
658,374 BBL
-7.11
CASINGHEAD
(Texas
Railroad Commission)
Year
Description
Volume
% Change From Previous Year
2014
Casinghead
43,544 MCF
43.82
2015
Casinghead
35,184 MCF
-19.20
2016
Casinghead
38,784 MCF
10.23
2017
Casinghead
10,649 MCF
-72.54
RETAIL SALES & EFFECTIVE BUYING INCOME (The N
Year 2017
Retail Sales $1.3B
Effective Buying Income (EBI) $3.8B
County Median Household Income $56,645
State Median Household Income $57,227
% of Households with ENT below $25K 16.6%
% of Households with EBI above $25K 71.5%
elsen Company)
2016 2015
$1.4B $1.5B
$3.4B $3.5B
$53,189 $58,134
$55,352 $53,037
9.4% 8.0%
70.9% 70.5%
EMPLOYMENT DATA (Texas Workforce Commission)
2018 2017 2016
Employed Earnings Employed Earnings Employed Earnings
1st Q: 41,033 $453.9M 39,254 $403.6M 37,487 $366.6M
2nd Q: N/A N/A 40,377 $426.3M 38,428 $383.1M
3rd Q: N/A N/A 41,313 $428.6M 38,632 $397.6M
4th Q: N/A N/A 41,556 $455.311 39,745 $416.4M
MAJOR COLLEGES AND UNIVERSITIES: Texas Lutheran University
COLLEGES AND UNIVERSITIES
Year Total Fall Enrollment
2017
1 1,394
2016
1 1,295
2015
1 1,373
2014
1 1,319
2013
1 1,338
2012
1 1,317
2011
1 1,415
2010
1 1,340
2009
1 1,387
2008
1 1,432
General Manager
R. Alan Cockerell
Schertz- Seguin Local Government Corporation
205 N River Street
Seguin, TX 78155
Phone: 830 - 401 -2302
Fax: 830 - 386 -2588
acockerell @seguintexas.gov
Assistant General Manager
Amber Briggs -Beard
Schertz /Seguin Local Government Corporation
205 N River Street
Seguin, TX 78155
Phone: 830 - 401 -2409
Fax: 830 -401 -2320
abriggs @seguintexas.gov
City Manager
Dr. Mark Browne
1400 Schertz Parkway
Schertz, TX 781,54
Phone: 210 -619 -1000
Fax: 210 -619 -1139
mbrowne @schertz.com
City Manager
Douglas Faseler
205 N River Street
Seguin, TX 78155 -0591
Phone: 830 - 401 -2302
Fax: 830- 386 -2588
dfaseler @seguintexas.gov
Director of Finance
James Walters
1400 Schertz Parkway
Schertz, TX 78154
Phone: 210 -619 -1140
Fax: 210 -619 -1149
jwalters @schertz.com
Director of Finance
Susan Caddell
205 N River Street
Seguin, TX 78155 -0591
Phone: 830 -401 -2450
Fax 830 -401 -2499
scaddell @seguintexas.gov
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Schertz/Seguin Local Government Corp Texas Municipal Reports
(San Antonio Water System Expansion) Last Revised: 10/24/2018
Guadalupe County Page 4 of 4
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➢, (Schertz & Seguin, Cities of, Project) Last Revised: 11/19/2018
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TIVIR # 1764 -
,f-
Guadalupe County Page 1 of 7
FOR OTHER BONDS FOR THIS ISSUER, SEE SEPARATE MUNICIPAL REPORTS
FINANCIAL STATEMENT (As of September 30, 2017)(a)
Special Obligation Debt
Senior Lien
Junior Lien
Special Fund Balances
Debt Service
Repair & Replacement
Reserve
$11,025,000
$130,550,000
$141,575,000
$882,168
$500,000
$1,297,887(b)
(a) Includes Contract Revenue Refunding Bonds New Series 2018 dated November 1,
2018.
(b) Cash balance. Excludes surety bonds for Series 2001.
PAYMENT RECORD
Never defaulted.
DETAILS F OUTSTANDING DEBT
Details of Senior Lien Debt (Outstanding 9/30/2017)
Contract Rev Bds Ser 2001
Lien: Senior
Tax Treatment: Tax Exempt
Original Issue Amount $41,040,000.00
Dated Date:
0210112001
Sale Date:
0212212001
Delivery Date:
03/15/2001
Sale Type:
Negotiated
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi - Annually: 02101, 08/01
1st Coupon Date:
08/01/2001
Paying Agent: The Bank of New York Mellon Trust Company, N.A., New York, NY
Bond Counsel: Fulbright & Jaworski
Financial Advisor: Southwest Securities, San Antonio, TX
Co- Financial Advisor: SAMCO Capital Markets
Lead Manager: First Southwest Company
Co- Manager: Coastal Securities
Co- Manager: Dain Rauscher Incorporated
Co- Manager: PaineWebber Incorporated
Insurance: Assured Guaranty Municipal Corp. (FSA)
Use of Proceeds: Utility.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2035T 10,000,000.00 5.2000% 100.00%
$10,000,000.00
Call Option: Non Callable
Term Call: Term bonds maturing on 02/01/2035:
Mandatory Redemption Date Principal Amount
02/01/2031 $1,795,000
02/01/2032 $1,895,000
02/01/2033 $1,995,000
02/01/2034 $2,100,000
0210112035 $2,215.000
Refunded Notes: Maturities refunded by Contract Revenue & Ref Bus Ser 2007
Refunded Amount Mat Date Coupon Price Schell Call
290,000.00 0210112012 4.500 Par 0210112011
305,000.00 02/01/2013 4.625 Par 0210112011
310,000.00 0210112014 4.700 Par 0210112011
325,000.00 02/01/2015 4.800 Par 0210112011
340,000.00 02/01/2016 5.000 Par 0210112011
350,000.00 0210112017 5.000 Par 0210112011
375,000.00 02/01/2018 5.000 Par 0210112011
390,000.00 02/01/2019 5.125 Par 02/01/2011
410,000.00 02/01/2020 5.125 Par 0210112011
10,000,000.00 0210112030 5.375 Par 0210112011
4,765,000.00 0210112037 5.250 Par 0210112011
11,185,000.00 0210112041 5.250 Par 0210112011
Contract Rev Bds Ser 2010
Lien: Senior
Tax Treatment: Bank Qualified
Original Issue Amount $22,140,000.00
Dated Date:
06/01/2010
Sale Date:
06/15/2010
Delivery Date:
07/14/2010
Sale Type:
Negotiated
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi- Annually: 08/01, 02101
1st Coupon Date:
0210112011
Paying Agent: Wells Fargo Bank, N.A., Austin, TX
Bond Counsel: Fulbright & Jaworski L.L.P.
Financial Advisor: Southwest Securities, San Antonio, TX
Co- Financial Advisor: SAMCO Capital Markets, Inc., San Antonio, TX
Lead Manager: Coastal Securities, Inc.
Co- Manager: Allison, M.E. & Co., Inc.
Co- Manager: NBC Capital Markets
Insurance: Assured Guaranty Municipal Corp. (FSA)
Use of Proceeds: Utility.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2018 505,000.00 15000% 1250%
02/01/2019 520,000.00 3.5000% 3.450%
------------------------------------------- - - - - -- $1.025,000.00
Call Option: Non - callable
Refunded Notes: Maturities refunded by Contract Rev Ref Bds New Ser 2018
Refunded Amount Mat Date Coupon Price Schell Call
540,000.00 0210112020 1500 Par 02/01/2019
560,000.00 0210112021 4.000 Par 02/01/2019
585,000.00 0210112022 4.000 Par 02/01/2019
610,000.00 0210112023 4.000 Par 02/01/2019
630.000.00 0210112024 4.000 Par 02/01/2019
660,000.00 0210112025 4.000 Par 02/01/2019
685,000.00 0210112026 4.125 Par 02/01/2019
715,000.00 0210112027 4.250 Par 02/01/2019
745,000.00 0210112028 4.250 Par 02/01/2019
780,000.00 02/01/2029 4.250 Par 02/01/2019
815,000.00 02/01/2030 4.500 Par 02/01/2019
850.000.00 0210112031 4.500 Par 02/01/2019
890,000.00 0210112032 4.500 Par 02/01/2019
2,925,000.00 02/01/2035 4.625 Par 02/01/2019
3,370,000.00 02/01/2038 4.750 Par 02/01/2019
3,890,000.00 0210112041 4.750 Par 02/01/2019
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,; z/ i t Government Corp Texas Municipal Reports
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➢, (Schertz & Seguin, Cities of, Project) Last Revised: 11/19/2018
o
TIVIR # 1764 -
,f-
Guadalupe County Page 2 of 7
Grand Total _ ______________> $11,025,000.00
Bond Debt Service
Period Ending Principal Interest Debt Service
09/30/18
09/30/1.9
09/30/20
09/30/21
09/30/22
09/30/23
09/30/24
09/30/25
09/30/26
09/30/27
09/30/28
09/30/29
09/30/30
09/30/31
09/30/32
09/30/33
09/30/34
09/30/35
505,000.00
520,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1,795,000.00
1,895,000.00
1,995,000.00
2,100,000.00
2,215,000.00
1,406,300.00
529,100.00
520,000.00
520,000.00
520,000.00
520,000.00
520,000.00
520,000.00
520,000.00
520,000.00
520,000.00
520,000.00
520,000.00
473,330.00
377,390.00
276,250.00
169,780.00
57,590.00
1,911,300.00
1,049,100.00
520,000.00
520,000.00
520,000.00
520,000.00
520,000.00
520,000.00
520,000.00
520,000.00
520,000.00
520,000.00
520,000.00
2,268,330.00
2,272,390.00
2,271,250.00
2,269,780.00
2,272,590.00
11,025,000.00 9,009,740.00 20,034,740.00
COMPUTED ON BASIS OF MANDATORY REDEMPTION
Debt Amortization Rates
% of Principal
Period Ending Principal Retired
09/30/2018
505,000.00
Sale Date:
09/16/2014
04.58%
10/15/2014
09/30/2019
520,000.00
Record Date:
MSRB
09.30%
BE
09/30/2020
$5.000
0.00
0210112021
09.30%
02/01/2015
0913012021
2.050%
0.00
590,000.00
09.30%
3.0000%
09/30/2022
0210112023
0.00
09.30%
2.600%
09/30/2023
630,000.00
0.00
3.5000%
09.30%
02/01/2025
09/30/2024
0.00
2.900%
09.30%
09/30/2025
0.00
09.30%
09/30/2026
0.00
09.30%
09/30/2027
0.00
09.30%
09/30/2028
0.00
09.30%
09/30/2029
0.00
09.30%
09/30/2030
0.00
09.30%
09/30/2031
1,795,000.00
25.58%
09/30/2032
1,895,000.00
42.77%
09/30/2033
1,995,000.00
60.86%
09/30/2034
2,100,000.00
79.91%
09/30/2035
2.215.000.00
100.00%
Details of Junior Lien Debt (Outstanding 9130/2017)
Contract Rev Ref Bds New Ser 2014
Lien: Junior
Tax Treatment: Bank Qualified
Original Issue Amount $6,275,000.00
Dated Date:
09/01/2014
Sale Date:
09/16/2014
Delivery Date:
10/15/2014
Sale Type:
Negotiated
Record Date:
MSRB
Bond Form:
BE
Denomination
$5.000
Interest pays Semi - Annually: 08/01, 02101
1st Coupon Date: 02/01/2015
Paying Agent: Regions Bank, Houston, TX
Bond Counsel: Fulbright & Jaworski LLP
Financial Advisor: Southwest Securities, San Antonio, TX
Co- Financial Advisor: SAMCO Capital Markets, Inc., San Antonio, TX
Lead Manager: Raymond James
Co- Manager: Allison, M.E. & Co., Inc.
Underwriter's Counsel: Andrews Kurth L.L.P.
Insurance: Build America Mutual
Use of Proceeds: Refunding.
Refunding Notes: This bond refunded maturities from the following issues:
Contract Rev Ref Bds Ser 2005
Refunded Amount Mat Date Coupon Price Sched Call
475,000.00 02/01/2015 4.000 Par 1012112014
495,000.00 02/01/2016 4.000 Par 1012112014
520.000.00 0210112017 4.000 Par 1012112014
540,000.00 0210112018 4.000 Par 1012112014
560,000.00 02/01/2019 4.000 Par 10/21/2014
585,000.00 0210112020 4.100 Par 1012112014
610,000.00 0210112021 4.150 Par 10/21/2014
635,000.00 0210112022 4.200 Par 1012112014
665,000.00 0210112023 4.250 Par 1012112014
695.000.00 0210112024 4.300 Par 1012112014
725,000.00 0210112025 4.375 Par 1012112014
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2018
530,000.00
Sale Date:
2.0000%
1.200%
02/01/2019
540.000.00
Negotiated
2.0000%
1.600%
0210112020
555,000.00
Denomination
10000%
1.850%
0210112021
570.000.00
02/01/2015
10000%
2.050%
0210112022
590,000.00
3.0000%
2.350%
0210112023
610,000.00
3.5000%
2.600%
0210112024
630,000.00
3.5000%
2.750%
02/01/2025
655,000.00
3.5000%
2.900%
$4.680.000.00
Call Option: Bonds maturing on 0210112023 to 02/01/2025 callable in whole or in
part on any date beginning 0210112022 @ par.
Contract Rev Imp & Ref Bds New Ser 2015
Lien: Junior
Tax Treatment: Tax Exempt
Original Issue Amount $41,720,000.00
Dated Date:
1210112014
Sale Date:
1210212014
Delivery Date:
01/13/2015
Sale Type:
Negotiated
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi - Annually: 08/01, 02101
1st Coupon Date:
02/01/2015
Paying Agent: Regions Bank, Houston, TX
Bond Counsel: Fulbright & Jaworski LLP
Financial Advisor: Southwest Securities, San Antonio, TX
Co- Financial Advisor: SAMCO Capital Markets, Inc., San Antonio, TX
Lead Manager: Raymond James
Co- Manager: Allison, M.E. & Co., Inc.
Co- Manager: RBC Capital Markets
Underwriter's Counsel: Andrews Kurth L.L.P.
Insurance: Build America Mutual
D.
v ... _
Schertz/Seguin Local Government Corp Texas Municipal Reports
➢, (Schertz & Seguin, Cities of, Project) Last Revised: 11/19/2018
o
TMR # 1764 -
,f-
Guadalupe County Page 3 of 7
Use of Proceeds: Refunding.
Refunding Notes: This bond refunded
Contract Revenue & Ref Bds Ser 2007
Refunded Amount Mat Date Coupon
575,000.00 02/01/2016 4.000
590,000.00 0210112017 4.000
620,000.00 02/01/2018 4.000
640,000.00 02/01/2019 4.000
670,000.00 0210112020 4.125
685,000.00 0210112021 4.250
720,000.00 0210112022 4.250
750,000.00 0210112023 4.250
785,000.00 0210112024 4.250
820,000.00 02/01/2025 4.250
1,660,000.00 02/01/2026 4.250
7,405,000.00 02/01/2030 4.500
4,275,000.00 02/01/2036 4.500
15,370,000.00 0210112041 4.500
iaturit
Price
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
es from the following issues_
Sched Call
02/01/2015
02/01/2015
02/01/2015
02/01/2015
02/01/2015
02/01/2015
02/01/2015
02/01/2015
02/01/2015
02/01/2015
02/01/2015
02/01/2015
02/01/2015
02/01/2015
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2018 730,000.00 3.0000°% 1.130%
02/01/2019 745,000.00 3.0000% 1.450%
0210112020 775,000.00 3.0000% 1.760%
0210112021 785,000.00 4.0000% 2.060%
0210112022 825,000.00 4.0000% 2.330%
02/01/2023 860,000.00 4.0000% 2.560%
02/01/2024 900,000.00 5.0000% 2.740%
02/01/2025 945,000.00 5.0000% 2.850%
0210112026 1,805,000.00 5.0000% 2.930%
0210112027 1,885,000.00 5.0000% 3.030%
0210112028 1,990,000.00 5.0000% 3.120%
02/01/2029 2,090,000.00 5.0000% 3.180%
02/01/2030 2,190,000.00 5.0000% 3.260%
O2/01/2033T 1,650,000.00 5.0000% 3.390%
O2/01/2O41T 20,950,000.00 4.0000% 4.062%
O2/01/2O44T 1,200,000.00 4.0000% 4.066%
$40,325,000.00
Call Option: Bonds maturing on 0210112024 to 0210112030 and term bonds maturing
on 02/01/2033 and 0210112041 and 02/01/2044 callable in whole or in part on any
date beginning 02/01/2023 @ par.
Term Call: Term bonds maturing on 02/01/2033:
Mandatory Redemption Date Principal Amount
02/01/2031 $520.000
0210112032 $550,000
02/01/2033 $580.000
Term bonds maturing on 0210112041:
08/01/2016
Mandatory Redemption Date
Principal Amount
02/01/2034
$610.000
02/01/2035
$630.000
02/01/2036
$2,960,000
0210112037
$3,085,000
02/01/2038
$3,220,000
02/01/2039
$3,345,000
0210112040
$3,480,000
0210112041
$3,620,000
Term bonds maturing on 0210112044:
Mandatory Redemption Date Principal Amount
02/01/2042 $385,000
02/01/2043 $400,000
02/01/2044 $415,000
Contract Rev Bds New Ser 2016 (Texas Water Development Board
SWIRFT Project Financing)
Lien: Junior
Tax Treatment: Tax Exempt
Original Issue Amount $43,670,000.00
Dated Date:
08/01/2016
Sale Date:
1012012016
Delivery Date:
11/16/2016
Sale Type:
Private Placement
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi- Annually: 02101, 08/01
1st Coupon Date:
08/01/2017
Paying Agent:
Regions Bank,
Houston, TX
08/30/201.6
Bond Counsel:
Norton Rose
Fulbright
US LLP,
San Antonio, TX
Financial Advisor:
SAMCO
Capital Markets,
Inc., San Antonio, TX
Purchaser: Texas
Water
Development
Board
Use of Proceeds:
Water.
Orig
Reoffering
Maturity
Amount
Coupon Price
/Yield
08/01/2018
25,000.00
0.6600%
N/A
08/01/2019
1,235,000.00
0.7800%
N/A
08/01/2020
1,240,000.00
0.8600%
N/A
08/01/2021
1,250,000.00
0.9300%
N/A
08/01/2022
1,260,000.00
1.0200%
N/A
08/01/2023
1,270,000.00
1.1200%
N/A
0810112024
1,285,000.00
1.2300%
N/A
08/01/2025
1,300,000.00
1.3200%
N/A
08/01/2026
1,315,000.00
1.4100%
N/A
08/01/2027
1,335,000.00
1.6100%
N/A
08/01/2028
1,350,000.00
1.7300%
N/A
08/01/2029
1,375,000.00
2.0600%
N/A
08/01/2030
1,400,000.00
2.2300%
N/A
08/01/2031
1,430,000.00
2.3400%
N/A
08/01/2032
1,465,000.00
2.3900%
N/A
08/01/2033
1,500,000.00
2_4500%
N/A
08/01/2034
1,535,000.00
2.5800%
N/A
08/01/2035
1,575,000.00
2.5600%
N/A
08/01/2036
1,615,000.00
2.6000%
N/A
08/01/2037
1,660,000.00
2.7800%
N/A
08/01/2038
1,705,000.00
2.7800%
N/A
08/01/2039
1,755,000.00
2.7800%
N/A
08/01/2040
1,805,000.00
2.7800%
N/A
08/01/2041
1,855,000.00
2.7800%
N/A
08/01/2042
1,910,000.00
3.1100%
N/A
08/01/2043
1,965,000.00
3.1100%
N/A
08/01/2044
2,025,000.00
3.1100%
N/A
08/01/2045
2,085,000.00
3.1100%
N/A
08/01/2046
2,145,000.00
3.1100%
N/A
$41670.000.00
Call Option: Bonds maturing on 08/01/2028 to 08/01/2046 callable in whole or in
part inversely on any date beginning 08/01/2027 @ par. The Bonds are also
subject to Special Mandatory redemption as specified in the authorizing
resolution.
SWIFT Funding BP Loan Ser 2016
Lien: Junior
Tax Treatment: Tax Exempt
Original Issue Amount $22,830,000.00
Dated Date:
11/16/2016
Sale Date:
08/30/201.6
Delivery Date:
11/16/2016
Sale Type:
Private Placement
Record Date:
N/A
Bond Form:
N/A
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,; z/ i t Government Corp Texas Municipal Reports
Fe �
➢, (Schertz & Seguin, Cities of, Project) Last Revised: 11/19/2018
o T 1764
,f-
Guadalupe County Page 4 of 7
Denomination $0
Interest pays Semi- Annually: 02101, 08/01
1st Coupon Date: 08/01/2017
Paying Agent: The Bank of New York Mellon Trust Company, N.A., Dallas, TX
Financial Advisor: SAMCO Capital Markets, Inc., San Antonio, TX
Purchaser: Texas Water Development Board
Use of Proceeds: Project Costs.
Orig Reoffering
Maturity Amount Coupon Price /Yield
08/01/2035
300,000.00
3.1900%
N/A
08/01/2036
700,000.00
3.2400%
N/A
08/01/2037
1,125,000.00
3.4600%
N/A
08/01/2038
1,165,000.00
3.4600%
N/A
08/01/2039
1,205,000.00
3.4600%
N/A
08/01/2040
1,250,000.00
3.4600%
N/A
08/01/2041
1,290,000.00
3.4600%
N/A
08/01/2042
1,340,000.00
3.8800%
N/A
08/01/2043
1,390,000.00
3.8800%
N/A
08/01/2044
1,440,000.00
3.8800%
N/A
08/01/2045
1,490,000.00
3.8800%
N/A
08/01/2046
1,545,000.00
3.8800%
N/A
08/01/2047
1,605,000.00
3.5800%
N/A
08/01/2048
1,660,000.00
3.5800%
N/A
08/01/2049
1,715,000.00
3.5800%
N/A
08/01/2050
1,775,000.00
3.5800%
N/A
08/01/2051
1,835,000.00
3.5800%
N/A
$22,830,000.00
Call Option: Callable on the date prior to which the Corporation cannot purchase
the TWDB's portion of the Project as specified in the authorizing resolution.
Contract Rev Ref Bds New Ser 2018
Lien: Junior
Tax Treatment: Tax Exempt
Original Issue Amount $19,045,000.00
Dated Date:
11/15/2018
Sale Date:
11/01/2018
Delivery Date:
12/13/2018
Sale Type:
Negotiated
NIC:
3.9032%
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi- Annually: 08/01, 02101
1st Coupon Date:
02/01/2019
Paying Agent: Amegy Bank, Houston, TX
Bond Counsel: Norton Rose Fulbright US LLP, San Antonio, TX
Financial Advisor: SAMCO Capital Markets, Inc., San Antonio, TX
Lead Manager: Hilltop Securities Inc.
Co- Manager: UBS Financial Services, Inc.
Underwriter's Counsel: McCall, Parkhurst & Horton L.L.P., San Antonio, TX
Insurance: Build America Mutual
Use of Proceeds: Refunding.
Refunding Notes: This bond refunded maturities from the following issues
Contract Rev Bds Ser 2010
Refunded Amount
540,000.00
560,000.00
585,000.00
610,000.00
630,000.00
660,000.00
Mat Date Coupon
0210112020 3.500
0210112021 4.000
0210112022 4.000
0210112023 4.000
02/01/2024 4.000
02/01/2025 4.000
Price Sched Call
Par 02/01/2019
Par 02/01/2019
Par 02/01/2019
Par 02/01/2019
Par 02/01/2019
Par 02/01/2019
685,000.00 0210112026 4.125 Par 0210112019
715,000.00 0210112027 4.250 Par 02/01/2019
745,000.00 0210112028 4.250 Par 02/01/2019
780,000.00 02/01/2029 4.250 Par 02/01/2019
815,000.00 0210112030 4.500 Par 02/01/2019
850,000.00 0210112031 4.500 Par 02/01/2019
890.000.00 0210112032 4.500 Par 02/01/2019
2,925,000.00 02/01/2035 4.625 Par 0210112019
3.370,000.00 02/01/2038 4.750 Par 02/01/2019
3.890.000.00 0210112041 4.750 Par 02/01/2019
Orig Reoffering
Maturity Amount Coupon Price /Yield
0210112020
515,000.00
5.0000%
2.140%
0210112021
540,000.00
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5.0000%
2.270%
0210112022
565,000.00
. .. . , .. ..
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3.0000%
2.400%
0210112023
590,000.00
5.0000%
2.510%
0210112024
615,000.00
5.0000%
2.650%
02/01/2025
650,000.00
5.0000%
2.760%
02/01/2026
680,000.00
5.0000%
2.940%
0210112027
715,000.00
5.0000%
1080%
02/01/2028
755,000.00
5.0000%
1200%
02/01/2029
795,000.00
5.0000%
3.330%
0210112030
835,000.00
5.0000%
3.430%
02/01/2031
870,000.00
4.0000%
3.560%
0210112032
905,000.00
4.0000%
3.680%
02/01/2033
940,000.00
4.0000%
3.830%
02/01/2034
980,000.00
4.0000%
1930%
02/01/2035
1,020,000.00
4.0000%
1980%
02/01/2036
1,065,000.00
4.0000%
4.030%
0210112037
1,110,000.00
4.0000%
4.060%
02/01/2038
1,150,000.00
4.0000%
4.090%
02/01/2039
1,200,000.00
4.0000%
4.120%
0210112040
1,250,000.00
4.0000%
4.150%
0210112041
1,300.000.00
4.0000%
4.160%
$19,045.000.00
Call Option: Bonds maturing on 02/01/2028 to 02/01/2041 callable in whole or in
part on any date beginning 0210112027 @ par.
Grand Total _ ______________> $130,550,000.00
Bond Debt Service
Period Ending Principal Interest Debt Service
09/30/18
09/30/19
09/30/20
09/30/21
09/30/22
09/30/23
09/30/24
09/30/25
09/30/26
09/30/27
09/30/28
09/30/29
09/30/30
09/30/31
09/30/32
09/30/33
09/30/34
09/30/35
09/30/36
09/30/37
09/30/38
1,285,000.00
2,520,000.00
3,085,000.00
3,145,000.00
3,240,000.00
3,330,000.00
3,430,000.00
3,550,000.00
3,800,000.00
3,935,000.00
4,095,000.00
4,260,000.00
4,425,000.00
2,820,000.00
2,920,000.00
3,020,000.00
3,125,000.00
3,525,000.00
6,340,000.00
6,980,000.00
7.240.000.00
3,677,441.00
4,229,731.00
4,408,468.00
4,327,229.00
4,244,029.00
4,154,727.00
4,048,978.00
3,932,935.00
3,802,312.50
3,656,646.00
3,501,52/.50
3,337,422.50
3,161,347.50
3,024,102.50
2,928,390.50
2,828,227.00
2,726,377.00
2,621,974.00
2,458,584.00
2,229,514.00
1.973.141.00
4,962,441.00
6,749,731.00
7,493,468.00
7,4/2,229.00
7,484,029.00
7,484,727.00
7,478,978.00
7,482,935.00
7,602,312.50
7,591,646.00
7,596,52/.50
7,597,422.50
7,586.347.50
5,844,102.50
5,848,390.50
5,848,227.00
5,851,377.00
6,146,974.00
8,798,584.00
9,209.514.00
9.213.141.00
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,; z/ i t Government Corp Texas Municipal Reports
Fe �
➢, (Schertz & Seguin, Cities of, Project) Last Revised: 11/19/2018
o
TMR # 1764 -
,f-
Guadalupe County Page 5 of 7
09/30/39
7,505,000.00
?, .
1,707,133.00
9,212,133.00
09/30/40
7,785,000.00
._
1,431,151.00
9,216,151.00
09/30/41
8,065,000.00
1,144,722.00
9,209,722.00
09/30/42
3,635,000.00
942,419.00
4,577,419.00
09/30/43
3,755,000.00
815,326.00
4,570,326.00
09/30/44
3,880,000.00
683,982.50
4,563,982.50
09/30/45
3,575,000.00
556,833.00
4,131,833.00
09/30/46
3,690,000.00
434,177.50
4,124,177.50
09/30/47
1,605,000.00
307,522.00
1,912,522.00
09/30/48
1,660,000.00
250,063.00
1,910,063.00
09/30/49
1,715,000.00
190,635.00
1,905,635.00
09/30/50
1,775,000.00
129,238.00
1,904,238.00
09/30/51
1,835,000.00
65,693.00
1,900,693.00
09/30/2031
130,550,000.00
79.931,999.00
210,481,999.00
COMPUTED ON BASIS OF MANDATORY REDEMPTION
Debt Amortization Rates
% of Principal
Period Ending Principal Retired
09/30/2018
1,285,000.00
?, .
00.98%
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09/30/2019
2,520,000.00
._
02.91%
09/30/2020
3,085,000.00
05.28%
09/30/2021
3,145,000.00
07.69%
09/30/2022
3,240,000.00
10.17%
09/30/2023
3,330,000.00
12.72%
09/30/2024
3.430,000.00
15.35%
09/30/2025
3,550,000.00
18.07%
09/30/2026
3,800,000.00
20.98%
09/30/2027
3,935,000.00
23.99%
09/30/2028
4,095,000.00
27.13%
09/30/2029
4,260,000.00
30.39%
09/30/2030
4,425,000.00
33.78%
09/30/2031
2,820,000.00
35.94%
09/30/2032
2,920,000.00
38.18%
09/30/2033
3,020,000.00
40.49%
09/30/2034
3,125,000.00
42.88%
09/30/2035
3,525,000.00
45.58%
09/30/2036
6,340,000.00
50.44%
09/30/2037
6,980,000.00
55.79%
09/30/2038
7,240,000.00
61.33%
09/30/2039
7,505,000.00
67.08%
09/30/2040
7385,000.00
73.04%
09/30/2041
8,065,000.00
79.22%
09/30/2042
3,635,000.00
82.01%
09/30/2043
3,755,000.00
84.88%
09/30/2044
3,880,000.00
87.86%
09/30/2045
3.575,000.00
90.59%
09/30/2046
3,690,000.00
93.42%
09/30/2047
1,605,000.00
94.65%
09/30/2048
1,660,000.00
95.92%
09/30/2049
1,715,000.00
97.23%
09/30/2050
1,775,000.00
98.59%
09/30/2051
1.835.000.00
100.00%
SECURITY The Senior Lien Bonds are special obligations of the Schertz /Seguin
Local Government Corporation which are payable solely both as to principal and
interest from and secured solely by a lien on and pledge of the Bond Payment.
The Junior Lien bonds are special limited obligations of the Schertz /Seguin
Local Government Corporation payable and secured solely by a junior and inferior
lien on and pledge of the Bonds Payment portion of the annual payments to be
paid independently by the City of Schertz, Texas and the City of Seguin, Texas,
(a proportionate share of 50% each - as an operations and maintenance expense
from the gross revenues of such City's utility system as defined in Chapter
1502, as amended, Texas Government Code) to the Corporation pursuant to the
Regional Water Supply Contract, dated as of November 15, 1999, among the
Corporation and the Cities. The Bonds are also secured by a lien on and pledge
of the money in all funds created, established and maintained by a Resolution.
INTEREST AND SINKING FUND For purposes of providing funds to pay the new Bonds
as they become due and payable, the Corporation agrees to maintain, at the
Depository, a new Interest Sinking Fund. The Corporation covenants that the Bond
Payment portion of the Annual Payments shall be deposited upon receipt by the
Corporation into the Fund. The Authorized Officials covenant that there
shall be deposited into the Fund prior to each principal and interest payment
date from the available Bond Payment portion of the Annual Payments an amount
equal to 100% of the amount required to fully pay the interest on and the
principal of the New Bonds. The Series 2018 Bond proceeds included a deposit
into the Fund of $64,015.
RESERVE FUND The Reserve Fund is to accumulate and maintain a reserve for the
payment of the outstanding bonds equal to the average annual debt service
requirements. After the issuance of the Series 2010 bonds, Required Reserve Fund
balance shall be $4.681,081.82. The Reserve Fund is funded with three separate
Credit Facilities from, Assured Guaranty Municipal Corporation (Series 2001 and
2005 Bonds) and Ambac Assurance Corporation (Series 2007). The Series 2010
Reserve Requirement was funded with $1,000,000 cash from available Corporation
funds and $275,621 from bond proceeds. No debt service reserve fund has been
established with respect to the 2016 or 2018 Bonds.
RENEWAL AND REPLACEMENT FUND As additional security for the Bonds, there has
been established a Renewal and Replacement Fund. The Renewal and Replacement
Fund was initially funded from previously issued bonds in the amount of
$500,000, the Emergency amount.
RATE COVENANT Pursuant to the Contract, each City is required to pay its
proportionate share of the Annual Payments at least equal to (a) the amount
required to pay for all Operations and Maintenance Expenses; (b) to pay Overhead
Expenses; and (c) the establish and maintain the debt service and the debt
service reserve funds for the Priority Bonds and the Renewal and Replacement
Fund requirements contained in the Priority Resolution and the Bond Fund for the
New Series Bonds.
ADDITIONAL OBLIGATIONS The Corporation reserves the right to issue Additional
New Series Bonds without limitation as to principal amount but subject to
restrictions applicable under law or otherwise. Additional New Series Bonds,
when issued, together with the Bonds and other New Series Bonds at such time
outstanding, shall be payable from and secured solely by a junior and inferior
lien on and pledge of the Bond Payment portion of the Annual Payments. In
addition to Additional New Series Bonds, the Corporation has reserved the right
to issue additional obligations payable from a lien on and pledge of all or part
of the Bond Payment portion of the Annual Payments, so long as such lien and
pledge is subordinate to the lien thereon.
The Corporation has also reserved the right to issue Additional Obligations,
which are obligations of the Corporation secured by and payable from the
Corporation's Net Revenues (but which specifically exclude the Bond Payment
portion of the Annual Payments),
PROJECTS
41111041 =191
Proceeds from the Series 2001 Bonds were used to improve the Corporation's
utility system to deliver water to the Cities and to fund a Reserve Fund.
Proceeds from the Series 2010 Bonds were used for improving the utility system
to deliver water to the Cities and to fund a Reserve Fund.
Proceeds from the Series 2018 Bonds will be used to refund a portion of the
Series 2010 Contract Revenue Bonds.
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Schertz/Seguin t Government Corp Texas Municipal Reports
➢, (Schertz & Seguin, Cities of, Project) Last Revised: 11/19/2018
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TIVIR # 1764 -
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Guadalupe County Page 6 of 7
Proceeds from the sale of the Series 2014 and 2015 Bonds will be used for the
purpose of discharge and final payment of obligations of the Issuer, for the
purchase of land for the first phase of the Guadalupe Project. The Project
includes the construction of a well -field and cross - country pipeline.
Construction of twelve wells, the cross - county pipeline, treatment facilities,
pumping stations, water storage and gathering lines from the well -field is
complete in Gonzales County. This production capacity was designed for the
current needs of the Cities. After completion of the construction and with the
written consent of the Cities, the Corporation contracted to sell water to the
City of Selma, the City of Universal City, and Spring Hill Water Supply
Corporation. Additional acreage has been acquired in Guadalupe County since the
completion of construction to support expansion of a new well - field.
The Corporation obtained the necessary permits and drilled two additional wells
in Gonzales County to enable the Corporation to supply the new customers and
maintain safe operational abilities. With the addition of the two new wells,
the Corporation increased the permitted production to 12,910 acre -feet of water
per year. The Corporation is currently operating eight wells, a water treatment
plant and transmission facilities with operations personnel provided by the City
of Seguin and the City of Schertz on a contractual basis.
The Corporation is delivering water to the Cities at a rate that is very
competitive when compared to other wholesale water rates in the area and
increases in production are expected to continue over time as demand warrants.
The Corporation has revised its rate structure to authorize impact fees. The
purpose of the fee is to obtain customer contributions toward construction of
capital projects and to provide additional funds to be used to pay debt service
on the bond similarly secured. With a portion of the Series 2010 bond proceeds
the Corporation intends to acquire land and groundwater leases, drill and equip
wells #9 -12 which is expected to increase the total permitted capacity of the
Corporation to 19,362 acre -feet per year.
Proceeds from the 2016 Bonds will be used to provide funds to finance, acquire,
and construct treatment facilities, water supply pipelines, booster pumps, other
appurtenances, and necessary easements and other interests in land, and pay the
costs and expenses or issuing the Bonds, under and in strict conformity with the
laws of the State of Texas, particularly the Act, Chapter 1201, Texas Government
Code, as amended, the Contract, and the Resolution.
OPERATING STMT.
Fiscal Year Ended
09 -30 -2017 09 -30 -2016 09 -30 -2015 09 -30 -2014
Revenues:
Water Revenue
$16,415,653
$14,675,393
$16,278,709
$13,790,208
Impact Fees
849,289
927,843
910,030
449,997
Reservation Fees
0
0
0
269,000
Lease Revenue
53,698
1.46,21.4
129,600
93,369
Other
349,871
260,967
158,800
124,447
Total Revenues $17,668,511 $16.010,417 $17,477,139 $14,727,021
Expenses:
Lease Payments
$2,414,771
$2,252,353
$2,234,066
$2,467,171
Depreciation
2,436,451
2,395,01.4
1,962,622
1,547,003
Amortization Expense
80,156
85,399
85,399
85,399
Other
4,188,273
4,571,831
4,735,359
3,256,985
Total Expenses
-- - - - - --
$9,119,651
-- - - - - --
$9,304,597
-- - - - - --
$9,017,446
-- - - - - --
$7,356,558
Available For
Debt Service $8,548,860 $6,705,820 $8,459,693 $7,370,463
Nonoperating Income
(Expense)
Interest Income $ 772,494 $ 85,829 $ 17,595 $ 14,551
Contribution from Cities
of Schertz & Seguin -0- -0- -0- (269,000)
Interest Expense (5,131,266) (4,31.3,689) (2,668,447) (3,521,370)
Gain (Loss) on Disposal
of Assets 1,414 -0- (912,761) -0-
Bond Issuance Costs (916,291) -0- -0- -0-
---------- ---- - - - - -- ---- - - - - -- ---- - - - - --
Change in Net Assets $ 3,275,211 $ 2,477,960 $ 4,896,080 $ 3,594,644
Beg. Balance 10 -1 $12,895,618 $10,417,658 $ 5,521,578 $ 1,926,934
End. Balance 9 -30 $16,170,829 $12,895,618 $10,417,658 $ 5,521,578
NON FUNDED DEBT
NON- FUNDED DEBT PAYABLE (As of September 30, 2017) None.
MATERIAL EVENTS AND OTHER FILINGS
This section contains excerpt(s) from or a summary of filings made by or on
behalf of the issuer. The information below is an extract or summary only. The
complete filing should be viewed on the Texas MAC website (www.mactexas.com) or
the Electronic Municipal Market Access (EMMA) System of the Municipal Securities
Rulemaking Board (https: / /emma.msrb.org /), See TMR disclaimer at the bottom of
this page.
10/17/2018 - Notice of Failure to File Disclosure - City of Seguin (FYE 2013,
2014, 2016 & 2017)
"The audits for the City of Seguin, Texas for the years 2013, 2014, 2016 and
2017 were not filed under the Schertz /Seguin Local Government Corporation
CUSIPs. The issuer has implemented procedures in an attempt to eliminate future
non - compliance in accordance with the Rule."
10/02/2018 - Notice of Failure to File Disclosure - City of Schertz (FYE 2013,
2014, 2016 & 2017)
"Certain tables associated with the City of Schertz's Utility System were not
updated in accordance to the Rule. The City of Schertz audits for the years
2013, 2014, 2016 and 2017 were not filed under this CUSIP. This filing includes
all required information.
"The issuer has implemented procedures in an attempt to eliminate future
noncompliance in accordance with the Rule."
1112612014 - Standard & Poor's Underlying: Upgrade on 11/25/2014
"Standard & Poor's Ratings Services has raised its rating on Schertz /Seguin
Local Government Corp., Texas' existing contract revenue debt issued for Schertz
and Seguin one notch to 'A +' from 'A'. Standard & Poor's has also assigned its
'A +' rating to the LGC's series 2015 contract revenue improvement and refunding
bonds. The outlook is stable."
SCHERTZ /SEGUIN LOCAL GOVERNMENT CORPORATION
Schertz /Seguin Local Government Corporation is a public, non - profit corporation
created by the Cities of Schertz and Seguin, Texas, pursuant to Subchapter D of
Chapter 431, Texas Transportation Code, as amended.
The Corporation was formed on December 23. 1998, among other things, for the
purpose to assist, and act on behalf of the cities in acquiring, constructing,
leasing, improving, enlarging, extending, repairing, maintaining, developing and
operating a wholesale water utility supply system pursuant to the provisions of
Texas Local Government Code 402.001. (Chapter 402) and other applicable laws of
the State and to assist and act on behalf of the Cities of Schertz and Seguin in
accomplishing a governmental purpose in the provision of water for public use.
The Corporation is governed by a board of 5 directors appointed by the City
Councils of the Cities.
The Corporation is not authorized to levy a tax.
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,; Schertz/Seguin i t Government Corp Texas Municipal Reports
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➢, (Schertz & Seguin, Cities of, Project) Last Revised: 11/19/2018
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TMR # 1764 -
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Guadalupe County Page 7 of 7
COUNTY CHARACTERISTICS: Guadalupe County was created and organized in 1846 from
Bexar and Gonzales Counties and named after the Guadalupe River, which runs
through the middle. The county is located in south central Texas and traversed
by Interstate Highways 10 and 35.
COUNTY SEAT: Seguin
2010 census: 131,533 increasing 47.8% since 2000
2000 census: 89,023 increasing 37.2% since 1990
1990 census: 64,873
ECONOMIC BASE
Mineral: oil, gravel, gas and clay.
Industry: varied manufacturing and agribusiness.
Agricultural: wheat, pecans, nursery crops, mile, hay, cotton, corn and cattle.
OIL AND GAS - 2017
The oil production for this county accounts for 0.07% of the total state
production. The county ranks 86 out of all the counties in Texas for oil
production.
OIL
PRODUCTION (Texas Railroad Commission)
Year
Description
Volume
% Change From Previous Year
2014
Oil
896,850 BBL
-7.31
2015
Oil
741,580 BBL
-17.31
2016
Oil
708,784 BBL
-4.42
2017
Oil
658,374 BBL
-7.11
CASINGHEAD
(Texas
Railroad Commission)
Year
Description
Volume
% Change From Previous Year
2014
Casinghead
43,544 MCF
43.82
2015
Casinghead
35,184 MCF
-19.20
2016
Casinghead
38,784 MCF
10.23
2017
Casinghead
10,649 MCF
-72.54
RETAIL SALES & EFFECTIVE BUYING INCOME (The N
Year 2017
Retail Sales $1.3B
Effective Buying Income (EBI) $3.8B
County Median Household Income $56,645
State Median Household Income $57,227
% of Households with EBI below $25K 16.6%
% of Households with EBI above $25K 71.5%
elsen Company)
2016 2015
$1.4B $1.5B
$3.4B $3.5B
$53,189 $58,134
$55.352 $53,037
9.4% 8.0%
70.9% 70.5%
EMPLOYMENT DATA (Texas Workforce Commission)
2018 2017 2016
Employed Earnings Employed Earnings Employed Earnings
1st Q: 41,033 $453.9M 39,254 $403.6M 37.487 $366.611
End Q: N/A N/A 40,377 $426.3M 38,428 $383.1M
3rd Q: N/A N/A 41,313 $428.6M 38,632 $397.6M
4th Q: N/A N/A 41,556 $455.3M 39,745 $416.4M
MAJOR COLLEGES AND UNIVERSITIES: Texas Lutheran University
COLLEGES AND UNIVERSITIES
Year Total Fall Enrollment
2017
1 1,394
2016
1 1,295
2015
1 1,373
2014
1 1,319
2013
1 1,338
2012
1 1,317
2011
1 1,415
2010
1 1,340
2009
1 1,387
2008
1 1,432
General Manager
R. Alan Cockerell
Schertz- Seguin Local Government Corporation
205 N River Street
Seguin, TX 78155
Phone: 830 - 401 -2302
Fax 830- 386 -2588
acockerell @seguintexas.gov
Assistant General Manager
Amber Briggs -Beard
Schertz /Seguin Local Government Corporation
205 N River Street
Seguin, TX 78155
Phone: 830 - 401 -2409
Fax 830 -401 -2320
abriggs @seguintexas.gov
City Manager
Douglas Faseler
205 N River Street
Seguin, TX 78155 -0591
Phone: 830 -401 -2302
Fax: 830 -386 -2588
dfaseler @seguintexas.gov
Director of Finance
James Walters
1400 Schertz Parkway
Schertz, TX 78154
Phone: 210 -619 -1140
Fax: 21.0 - 619 -11.49
jwalters @schertz.com
Director of Finance
Susan Caddell
205 N River Street
Seguin, TX 78155 -0591
Phone: 830 - 401 -2450
Fax: 830 - 401 -2499
scaddell @seguintexas.gov
City Manager
Dr. Mark Browne
1400 Schertz Parkway
Schertz, TX 787.54
Phone: 210 -619 -1000
Fax: 210 -619 -1139
mbrowne @schertz.com
12
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,; i I Municipal t Texas Municipal Reports
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(Southern Wastewater Treatment Plant) Last Revised: 1/31/2019
U TMIR # 6774
Bexar, Comal, Guadalupe Counties Page 1 of 4
FINANCIAL STATEMENT
FOR OTHER BONDS FOR THIS ISSUER, SEE SEPARATE MUNICIPAL REPORTS
FINANCIAL STATEMENT (As of September 30, 2018)
Special Obligation Debt
Senior Lien $10.905.000
Special Fund Balances
I &S and Reserve $2,051,267*
* Includes funds for TMR #5386.
PAYMENT RECORD
Cibolo Creek Municipal Authority has never defaulted.
i' , i • Ii
Details of Senior Lien Debt (Outstanding 9130/2018)
Contract Rev Bds (Southern Wastewater Treatment Plant Proj) Ser 2014
Lien: Senior
Tax Treatment: Bank Qualified
Original issue Amount $6,950,000.00
Dated Date:
09/01/2014
Sale Date:
09/11/2014
Delivery Date:
1010812014
Sale Type:
Negotiated
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi- Annually: 09/01, 03/01
1st Coupon Date:
03/01/2015
Paying Agent: BOKF, N.A., Austin, TX
Bond Counsel: Fulbright & Jaworski LLP
Financial Advisor: Southwest Securities, San Antonio, TX
Lead Manager: Raymond James
Co- Manager: Frost Bank
Underwriter's Counsel: Andrews Kurth L.L.P.
Insurance: Assured Guaranty Municipal Corp.(AGM- Formerly FSA)
Use of Proceeds: Wastewater Treatment Plant.
Orig Reoffering
Maturity Amount Coupon Price /Yield
09/01/2019 155,000.00
09/01/2020 160,000.00
09/01/2021 160,000.00
09/01/2022 165,000.00
09/01/2023 170,000.00
09/01/2024 175,000.00
09/01/2026T 365,000.00
09/01/2028T 395,000.00
09/01/2030T 430,000.00
09/01/2032T 460,000.00
09/01/2034T 500,000.00
09/01/2039T 1,465,000.00
09/01/2044T 1,830,000.00
-------------------- - - - - --
2.0000%
2.0000%
2.0000%
3.0000%
3.0000%
3.0000%
4.0000%
4.0000%
4.0000%
4.0000%
4.0000%
5.0000%
4.0000%
1.550%
1.800%
100.00%
2.300%
2.550%
2.700%
2.850%
3.050%
3.300%
3.450%
3.550%
3.560%
100.00%
$6,430,000.00
Call Option: Term bonds maturing on 09/01/2026 and 09/01/2028 and 09/01/2030 and
09/01/2032 and 09/01/2034 and 09/01/2039 and 09/01/2044 callable in whole or in
part on any date beginning 09/01/2024 @ par.
Term Call: Term bonds maturing on 09/01/2026:
Mandatory Redemption Date Principal Amount
09/01/2025 $180,000
09/01/2026 $185,000
Term bonds maturing on 09/01/2028:
Mandatory Redemption Date Principal Amount
0910112027 $195,000
09/01/2028 $200,000
Term bonds maturing on 09/01/2030:
Mandatory Redemption Date Principal Amount
09/01/2029 $210,000
09/01/2030 $220,000
Term bonds maturing on 09/01/2032:
Mandatory Redemption Date Principal Amount
09/01/2031 $225,000
09/01/2032 $235,000
Term bonds maturing on 09/01/2034:
Mandatory Redemption Date Principal Amount
09/01/2033 $245,000
09/01/2034 $255.000
Term bonds maturing on 09/01/2039:
Mandatory Redemption Date Principal Amount
09/01/2035 $265,000
09/01/2036 $280,000
09/01/2037 $295,000
09/01/2038 $305,000
09/01/2039 $320,000
Term bonds maturing on 09/01/2044:
Mandatory Redemption Date Principal Amount
09/01/2040 $340,000
09/01/2041 $350,000
09/01/2042 $365,000
09/01/2043 $380,000
09/01/2044 $395,000
Contract Rev Bds Ser 2018 (Southern Wastewater Treatment Plant Proj)
Lien: Senior
Tax Treatment: Bank Qualified
Original Issue Amount $4,475,000.00
Dated Date:
11/15/2018
Sale Date:
11/08/2018
Delivery Date:
12/06/2018
Sale Type:
Negotiated
NIC:
4.0578%
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi - Annually: 03/01, 09/01
1st Coupon Date:
09/01/2019
Paying Agent: UMB Bank, N.A., Austin, TX
Bond Counsel: Norton Rose Fulbright US LLP, San Antonio, TX
Financial Advisor: SAMCO Capital Markets, Inc., San Antonio, TX
Lead Manager: Hilltop Securities Inc.
Underwriter's Counsel: McCall, Parkhurst & Horton L.L.P., San Antonio, TX
Use of Proceeds: Wastewater Treatment Plant.
Orig Reoffering
Maturity Amount Coupon Price /Yield
09/01/2020 95.000.00 5.0000% 2290%
09/01/2021 100,000.00 5.0000% 2.380%
09/01/2022 105,000.00 5.0000% 2.510%
09/01/2023 110,000.00 5.0000% 2.610%
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09/01/2024
115,000.00
5.0000% 2.740%
09/01/2043
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$280,000
09/01/2025
120,000.00
5.0000% 2.840%
09/01/2044
$290,000
09/01/2026
125,000.00
5.0000% 2.960%
09/01/2027
135,000.00
5.0000% 3.070%
$570,000
09/01/2028
140,000.00
5.0000% 3.210%
09/01/2030T
300,000.00
5.0000% 3.250%
09/01/20327
330, 000.00
5.0000% 3.350%
Grand Total _ ______________> $10,905,000.00
09/O1/2034T
365,000.00
5.0000% 3.470%
09/01/2036T
400,000.00
5.0000% 3.620%
09/01/2038T
445,000.00
5.0000% 3.700%
09/01/2040T
490,000.00
4.0000% 4.110%
Bond Debt Service
09/01/2042T
530,000.00
4.0000% 4.150%
09/O1/2044T
570,000.00
4.0000% 4.170%
Period Ending Principal
Interest
Debt Service
$4,475, 000. 00
---------------------------------------------------------
09/30/19 155,000.00
422,375.28
577,375.28
Call Option: Term
bonds
maturing on 09/01/2030 and 09/01/2032 and 09/01/2034 and
09/30/20 255,000.00
462,000.00
717,000.00
09/01/2036 and
09/01/2038
and 09/01/2040 and 09/01/2042 and 09/01/2044 callable
09/30/21 260,000.00
454,050.00
714,050.00
in whole or in
part on
any date beginning 09/01/2028 @
par.
09/30/22 270,000.00
445,850.00
715,850.00
09/30/23 280,000.00
435,650.00
715.650.00
Term Call: Term
bonds maturing
on 09/01/2030 subject to
mandatory redemption as
09/30/24 290,000.00
425,050.00
715,050.00
follows:
09/30/25 300,000.00
414,050.00
714,050.00
Redemption
Date
Principal Amount
09/30/26 310,000.00
400,850.00
710,850.00
09/01/2029
$145,000
09/30/27 330,000.00
387,200.00
717,200.00
09/01/2030
$155,000
09/30/28 340,000.00
372,650.00
712,650.00
09/30/29 355,000.00
357,650.00
772,650.00
$300,000
09/30/30 375,000.00
342,000.00
717.000.00
09/30/31 385,000.00
325,450.00
710,450.00
Term bonds maturing
on
09/01/2032 subject to mandatory
redemption as follows:
09/30/32 405,000.00
308,450.00
713.450.00
Redemption
Date
Principal Amount
09/30/33 425,000.00
290,550.00
715,550.00
09/01/2031
$160,000
09/30/34 440,000.00
271,750.00
711,750.00
09/01/2032
$170,000
09/30/35 460,000.00
252,300.00
712,300.00
09/30/36 485,000.00
229,300.00
714,300.00
$330,000
09/30/37 510,000.00
205,050.00
715.050.00
09/30/38 535,000.00
179,550.00
714,550.00
Term bonds maturing
on
09/01/2034 subject to mandatory
redemption as follows:
09/30/39 560,000.00
152,800.00
712,800.00
Redemption
Date
Principal Amount
09/30/40 590,000.00
127,200.00
717,200.00
09/01/2033
$180,000
09/30/41 610,000.00
103,600.00
713,600.00
09/01/2034
$185,000
09/30/42 635,000.00
79,200.00
714,200.00
09/30/43 660,000.00
53,800.00
713,800.00
$365,000
09/30/44 685,000.00
27,400.00
712,400.00
Term bonds maturing
on
09/01/2036 subject to mandatory
redemption as follows:
10,905,000.00
7,525,775.28
18,430.775.28
Redemption
Date
Principal Amount
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,; Cibolo t Texas Municipal Reports
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p . (Southern Wastewater Treatment Plant) Last Revised: 1/31/2019
o TMR # 6774
Bexar, Comal, Guadalupe Counties Page 3 of 4
09/30/2039
560,000.00
Revenue
70.84%
10.60%
09/30/2040
590,000.00
28.41
76.25%
Randolph Air Force Base
09/30/2041
610,000.00
San Antonio Water System
81.84%
09/30/2042
635,000.00
87.67%
8.82
09/30/2043
660,000.00
2.50
93.72%
09/30/2044
685,000.00
100.00%
PERTINENT PROVISIONS
PERTINENT PROVISIONS OF THE REVENUE BOND INDENTURE - PRIOR LIEN
1. Nature of Pledge: The Bonds are special obligations payable as to principal
and interest from, and secured by lien on and pledge of Special Payments to be
paid to the Authority initially by the City of Schertz.
2. Special Payments: Payments the Authority expects to receive by participating
members pursuant to the terms of the contract to be put towards debt service
requirements.
Contract - Regional Wastewater Treatment Contract, dated as of September 11,
2014, together with amendments and supplements thereto which by the term of such
instrument is designated as a supplement or amendment to such contract.
3. Issuance of Additional Bonds: The Authority reserves the right to issue
"Additional Bonds" and "Additional Obligations" without limitation as to
principal amount but subject to any terms, conditions, or restrictions as may be
applicable thereto under law or otherwise. Additional Bonds, when issued,
together with the Bonds and the currently outstanding Previously Issued Bonds,
shall be payable from and secured solely by a lien on and pledge of the Special
Payments, which consists of the Annual Payment as a portion of the Annual
Requirement. Additional Obligations, which include the Authority's Prior Lien
Obligations, Junior Lien Obligations, and Inferior Lien Obligations, when
issued, shall be secured by a prior lien on and pledge of the Net Revenues of
the System
4. Rate Covenant: The Authority has agreed, while any of the Bonds Similarly
Secured and the currently outstanding Previously Issued Bonds are Outstanding,
to establish and maintain rates and charges for facilities and services afforded
by the System that are reasonably expected, on the basis of available
information and experience and with due allowance for contingencies, to produce
Gross Revenues in each Fiscal Year sufficient: (1) to pay all Maintenance and
Operating Expenses of the System, or any expenses required by statute to be a
first claim on and charge against the Gross Revenues of the System; (2) to
produce Net Revenues, together with any other lawfully available funds,
sufficient to pay the principal of and interest on any Prior Lien Obligations
hereafter issued by the Authority and the amounts required to be deposited in
any reserve, contingency, or redemption fund or account created for the payment
and security of any Prior Lien Obligations, and any other obligations or
evidences of indebtedness issued or incurred that are payable from and secured
solely by a prior and first lien on and pledge of the Net Revenues of the
System: (3) to produce Net Revenues, together with any other lawfully available
funds, sufficient to pay the principal of and interest on any Junior Lien
Obligations hereafter issued by the Authority and the amounts required to be
deposited in any reserve, contingency, or redemption fund or account created for
the payment and security of any Junior Lien Obligations, and any other
obligations or evidences of indebtedness issued or incurred that are payable
from and secured solely by a junior and inferior lien on and pledge of the Net
Revenues of the System; (4) to produce Net Revenues, together with any other
lawfully available funds, sufficient to pay the principal of and interest on any
Inferior Lien Obligations hereafter issued by the Authority and the amounts
required to be deposited in any reserve, contingency, or redemption fund or
account created for the payment and security of any Inferior Lien Obligations,
and any other obligations or evidences of indebtedness issued or incurred that
are payable from and secured solely by a subordinate and inferior lien on and
pledge of the Net Revenues of the System; and (5) to produce Net Revenues,
together with any other lawfully available funds. including Special Payments, to
pay the principal of and interest on the Bonds Similarly Secured as the same
become due and payable and to deposit the amounts required to be deposited in
any special fund or account created and established for the payment and
security of the Bonds Similarly Secured. However, the Bonds Similarly Secured,
are secured solely by a lien on and pledge of the Special Payments, which
consists of the Annual Payment as a portion of the Annual Requirement to be paid
to the Authority initially solely by the City pursuant to the Contract.
5. PROJECT: The Southern Wastewater Treatment Plant is a joint effort by the
City of Cibolo and the Authority to bring wastewater service to Southern
Schertz, Southern Cibolo, and the Interstate 10 Corridor.
SYSTEM DESCRIPTION AND PERTINENT CONTRACTS
WASTEWATER TREATMENT CONTRACTS The Authority was created to provide a regional
waste treatment system to a 28,672 acre area which includes portions of Bexar,
Comal, and Guadalupe Counties.
Entity
% of Total
Revenue
City of Universal City
10.60%
City of Schertz
28.41
Randolph Air Force Base
4.31
San Antonio Water System
5.99
City of Cibolo
18.45
City of Selma
8.82
City of Live Oak
2.50
The Cities agree to pay the Authority a single monthly payment composed of: a)
Base monthly charge - a pro rata cost of maintenance and operation expense of
the system; b) Sewer charge - a pro -rata share of the system's debt service c)
Additional monthly charge - an amount charge for the treatment of each 1.000
gallons of inadmissible discharge into the system.
Randolph Air Force Base: On August 13, 1976 CCMA entered into a contract with
the Federal Government to provide wastewater treatment to Randolph AFB. The
contract continues until such time as Randolph AFB provides a sixty day notice
of cancellation.
RATES AND FEES
Sewer /Wastewater Rates
Old Rates (Effective as of October 1, 2016)
Impact Fees - $1,800.00*
$3.35/M gallons
* One -time charge per connection.
New Rates (Effective as of October 1, 2017)
Impact Fees - $1,800.00*
$3.58/M gallons
* One -time charge per connection.
AUTHORIZED BUT UNISSUED
REVENUE BONDS AUTHORIZED BUT UNISSUED None
PENSION FUND LIABILITY
PENSION FUND LIABILITY Employees of the Authority participate in an eligible
state deferred compensation plan under Section 457 of the IRS Act of 1986.
Participation is mandatory after ninety days employment. Each employee
contributes a minimum of 6% of their gross salary with a matching 10% provided
by the Authority. The Authority does not participate in the U.S. Social Security
program. The total payroll for the fiscal year September 30, 2018 was
$2,169,913. The Authority contributed $396,169 to the plan for the fiscal year
ended September 30, 2018.
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,; Cibolo t Texas Municipal Reports
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(Southern Wastewater Treatment Plant) Last Revised: 1/31/2019
U TMR # 6774
Bexar, Comal, Guadalupe Counties Page 4 of 4
Cibolo Creek Municipal Authority was created in 1971 as a conservation and
reclamation district for the purpose of providing a regional sewer system for an
area comprising some 58.26 square miles and encompassing the City of Schertz,
the City of Cibolo, and parts of the Cities of Live Oak, Universal City, San
Antonio, Selma, and the Randolph Air Force Base, all of which lie within the
Austin -San Antonio growth corridor. The economy of the area is dominated by
Randolph Air Force Base. A mall within the Authority's boundaries stimulates
commercial and residential development.
COUNTY CHARACTERISTICS: Bexar County was created in 1836. The south central
Texas county is the major component of the San Antonio Metropolitan Statistical
Area and is traversed by Interstate Highways 10 and 35, four U.S. Highways, and
two State Highways.
COUNTY SEAT: San Antonio
2010 census: 1,714,773 increasing 23.1% since 2000
2000 census: 1,392,931 increasing 17.5% since 1990
1990 census: 1,185,394
ECONOMIC BASE
Mineral: sand, limestone and gravel.
Industry: tourism, military bases, medical /biomedical research & services,
government and education center.
Agricultural: nursery crops, hay, grain sorghum, corn and beef cattle.
OIL AND GAS - 2017
The county ranks 165 out of all the counties in Texas for oil production.
OIL PRODUCTION (Texas Railroad Commission)
Year Description Volume % Change From Previous Year
2015 Oil 95,355 BBL -19.88
2016 Oil 128.211 BBL 34.46
2017 Oil 74,078 BBL -42.22
CASINGHEAD (Texas Railroad Commission)
Year Description Volume % Change From Previous Year
2015 Casinghead 23 MCF -4.17
2016 Casinghead 59,809 MCF 259,939.13
2017 Casinghead 22 MCF -99.96
PARKS (Texas Parks & Wildlife)
Year Description Volume
2015 Government Canyon State Natural Area 54,987 Visitors
2016 Government Canyon State Natural Area 72,321 Visitors
2017 Government Canyon State Natural Area 81,353 Visitors
2018 Government Canyon State Natural Area 80.767 Visitors
2015 San Antonio Missions National Historic Park 1,322,154 Visitors
2016 San Antonio Missions National Historic Park 1.358.911 Visitors
CIVIL / MILITARY PERSONNEL (TEXAS MILITARY PREPAREDNESS COMMISSION)
Year Description Volume
2015 Joint Base San Antonio 79,601 Members Prepared Bi- Annually.
2016 Joint Base San Antonio N/A
2017 Joint Base San Antonio 51,314 Members
RETAIL SALES & EFFECTIVE BUYING INCOME (The N
Year 2017
Retail Sales $28.78
Effective Buying Income (EBI) $43.38
County Median Household Income $46,558
State Median Household Income $57,227
% of Households with EBI below $25K 24.8%
% of Households with EBI above $25K 66.2%
elsen Company)
2016 2015
$28.1B $25.88
$40.78 $39.5B
$45,381 $45,298
$55,352 $53.037
12.0% 120%
65.8% 66.7%
EMPLOYMENT DATA (Texas Workforce Commission)
2018 2017 2016
Employed Earnings Employed Earnings Employed Earnings
1st Q: 855,381 $11.28 848,200 $10.8B 830,742 $10.18
End Q: 865,683 $10.6B 853,681 $10.18 839,061 $9.6B
3rd Q: N/A N/A 852,605 $10.OB 841,750 $10.OB
4th Q: N/A N/A 862,793 $11.OB 853,919 $10.6B
MAJOR COLLEGES AND UNIVERSITIES: University of the Incarnate Word of San
Antonio, University of Texas at San Antonio, Trinity University, The University
of Texas Health Science Center at San Antonio, Texas A &M University - San
Antonio, St. Mary's University, Our Lady of the Lake University, Alamo Community
College District
COLLEGES AND UNIVERSITIES
Year Total Fall Enrollment
2017
8 119.431
2016
8 115,582
2015
8 114.939
2014
8 112.588
2013
8 113,184
2012
8 114,580
2011
8 117,520
2010
8 116,078
2009
8 106.985
2008
7 99.166
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General Manager
Clint Ellis
100 Dietz Road
Schertz, TX 78154
Phone: 210 -658 -6241
Fax: 210- 658 -5830
cdb @ccmatx.org
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