Debt Model Report Sept 30, 2017 Updated May 23, 2017City of Schertz, Texas
Debt Model
For Fiscal Year Ending
September 30, 2017
Elm
Presented by.
SAMCO Capital Markets, Inc.
Mark McLiney
Andrew Friedman
(210) 832-9760
On- 74A T� roV
738,921 446,525 329,700 568,463 559,735
386,775
237
264,225 6,407,206
2021
423,799
735,969
409,628
326,400 566,938
537,367
503,370
- 380,775 40,700
154,697
737,400
376,206
238,169
102,063
531,800
264,925
6,330,204
2022
425,267
738;150
1372,540
567;350
708;911
:503,676
- : '- 1,018;025
':157387
37,050 !'
376,606
235,469
100,263
:534,425
265,050
6,040,159:'
2023
426,123
734,403
380,581
- 566,263
698,242
505,126
- - 1,020,150 -
-
37,050
376,606
237,469
103,388
418,400
265,025
5,768,825
2024
426,370::
734,726
412,294
- 566,713
667;689
:500,920
- 1,019;525 -
2026
37,050
376,206
97,319
101,438
:418,800
264,850
` 5,623,898-
2025
426,005
738,914
388,225
- 568,606
-
500,645
- - 1,021,000 -
-
37,050
375,406
100,144
104,413
271,150
264,525
4,796,083
2026
425,031!
736;965
C 389,000
569,469
504,435
- 1,021;425
-
37,050 1
374,206
97;894
102,313
:270,525
264,050
+. 4,792,362'
2027
423,445
733,985
389,325
- 569,263
-
502,250
- - 1,018,575 -
-
37,050
375,556
100,969
104,950
269,750
263,425
4,788,542
!'. 2028
-
734,868
;:682,450
- 567,950
` -
(504,275
- " - 1,022;175
-
37,050
374,606
99,369
102,325
368,825 `
262,650
'< 4,656,543s
2029
-
-
583,013
- 565,494
-
500,925
- - 1,014,375 -
-
37,050
373,366
97,719
104,613
267,750
266,650
3,810,953
2030
-
::582,300
566,738
1502,200
- 1,022;588
37,050
371,638
100;913
101,813
:271,450
265,425
r 3,822,113?
2031
-
585,075
- 566,250
-
502,785
- - -
-
1,158,525
374,350
98,947
103,925
269,925
264,050
3,923,832
2032
-
586,200
569,125
502,673
-
376,425
101;869
100,844
:'268,250
267,450
i 2,772,835::
2033
-
885,675
- 565,875
-
- -
-
372,275
99,675
102,563
271,350
265,625
2,263,038
2034
-
-
566;500
-
372;075
97,200
104,094
:268,925
263,356
1,672,150e:
2035
-
- 565,875
- - -
-
-
376,500
99,425
100,531
270,963
265,556
1,678,850
i 2036
-
-
568,875
-._
-
:_ -
:
375;550
,._
101,500
, -:
101,875
267,756
- 262,513
: 1,678,069'
2037
..269.306
264,225
533,531
I'. Total
:.14,681,491':: L_8837173
1_1158899
1
:11,640,600 i$11,351,431P $
5,155;680 $
8045,245 $ ;I
345,440 $ 329;258 $11,111;213 $ 1:89,625 $
'.943,741
$`::4,846638 ;:$
7,700;553 $
2,957;922 $
2;051,981 $
7;025,683 $:
::5,307,169
- :$90679,741:::
2018
485,563
249,475
510,663
218,958
26,838
1,491,496
2019
486,929'!
249,413
507,319
'. 224,185
26,400
1,494,245 >'
2020
487,694
248,663
507,813
219,283
25,963
1,489,414
2021
487,857::
247,200
506,525
224,252 !
30;525.
1,496;359
2022
487,418
2028 - -.::
237,975
224,028
-
949,421
2023
491,378'
2020
:238,250
- 218,739 'r
-
948;367;:.
2024
489,536
-
237,963
223,321
-
950,819
2025
492,093):
-
1237,100
<; 217774 '-
-
948;966:
2026
488,847
236,063
-..
-
724,910
2028
236,800
236,800
2030 - 235,900 - - 235,900
'z 2031 237,500 - 237;500-
2032 - 238,700 - 238,700
2033 z - :234,600 234;600;:
Total $4,886,110 $ 1,325,225 $ 5,389,831 $ 1,994,140 $ 137,000 $ 13,732,306
2018 360,769 360,769
2018
123,225
2019
12019
121,213`'.
2020 - -
2020
124,200
2021
2021
'- 122,100 -.
2022 - -
Total
$ 610,888
2023
2024
2025
Fiscal Year
Tax Notes:
2026 - -
Ending 9130
: 5.2015
2027
2017
$. 171,375
2028 - -.::
......2018
168,575...
'. 2029
' -2019
'. 170,775
2030 - -
2020
167,888
'i 2031 -
'2021
2032
Total
$ 678,613
2033
Total $ 727,556 $ 727,556
2017
$ 520,000 $
1,387,413 $
664,375 $
2,435,550 $
5,007,338
$ 2,503,669
2018
520,000
1,391,300
663,875
2,444,100
5,019,275
2,509,638
2019
520,000
1,388,363
663,175
2,436,975
5,008,513
2,504,256
2020
520,000
1,389,813
664,450
2,444,175
5,018,438
2,509,219
2021
520,000
1,389,163
662,575
2,426,850
4,998,588
2,499,294
2022
520,000
1,391,263
665,175
2,434,650
5,011,088
2,505,544
2023
520,000
1,392,363
665,650
2,435,950
5,013,963
2,506,981
2024
520,000
1,387,563
663,950
2,436 250
5,007,763 ?
2,503,881
2025
520,000
1,391,763
666,463
2,435,125
5,013,350
2,506,675
2026
520,000
1,389,434
-
3,226,375
5,135,809
2,567,905
2027
520,000
1,390,113
-
3,214,125
5,124,238
2,562,119
2028
520,000
1,389,088
-
3,222,250
5,131,338
2,565,669
2029
520,000
1,391,681
-
3,220,250
5,131,931
2,565,966
2030
520,000
1,391,769 <
3,213,250
5,125,019
2,562,509
2031
2,268,330
1,389,306
-
1,475,500
5,133,136
2,566,568
2032
2,272,390
1,390,156
-
1,478,750
5,141,296
2,570,648
2033
2,271,250
1,388,625
1,480,500
5,140,375
2,570,188
2034
2,269,780
1,389,572
-
1,483,800
5,143,152 -
2,571,576
2035
2,272,590
1,388,438
1,479,000
5,140,028
2,570,014
2036
1,389,438
-
3,737 200
5,126,638 r
2,563,319
2037
-
1,392,306
-
3,741,300
5,133,606
2,566,803
2038
-
1,387,681 '
-
3,750,200
5,137,881
2,568,941
2039
-
1,390,444
3,743,900
5,134,344
2,567,172
2040
-
1,390,356
3,742,400
5,132,756
2,566,378
2041
-
1,392,300
-
3,740,400
5,132,700
2,566,350
-
-
425,300
425,300
212,650
424,600
424,600
212,300
Total $ 18,634,340 $ 34,749,706 $ 5,979,688 $ 69,152,025 $ 128,515,759 $ 64,257,879
2017
$ 1,510,188
2018
1,511,788
2019
1,511,488
2020
1,510,188
2021
1,512,788
2022
1,509,288 i
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
1,508,000
2037
1,508,600
2038
1,512,100
2039
1,508,500
2040
1,512,700
2041
1,509,600
2042
-
2043
2044
Total
$ 37,765,675
2017 $ 413,250
2018 410,250
2019 412,250
2021
410,950
2022
412,750
2023
412,800
2024
412,700
2025
412,450
2026
410,250
2027
412,850
2029
412,050
2030
413,650
2031
409,850
2032
410,850
2033
411,450
2034
411,650
2035
411,450
2037
414,200
2038
409,450
2039
409,200
2040
413,200
2041
409,600
2042
410,600
2043
411,000
2044
410,800
Total $
11,526,900
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2007
Dated Date 01/17/2007
Delivery Date 01/17/2007
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
79,398.00
79,398.00
08/01/2017
330,000
4.010%
79,398.00
409,398.00
09/30/2017
488,796.00
02/01/2018
72,781.50
72,781.50
08/01/2018
340,000
4.010%
72,781.50
412,781.50
09/30/2018
485,563.00
02/01/2019
65,964.50
65,964.50
08/01/2019
355,000
4.010%
65,964.50
420,964.50
09/30/2019
486,929.00
02/01/2020
58,846.75
58,846.75
08/01/2020
370,000
4.010%
58,846.75
428,846.75
09/30/2020
487,693.50
02/01/2021
51,428.25
51,428.25
08/01/2021
385,000
4.010%
51,428.25
436,428.25
09/30/2021
487,856.50
02/01/2022
43,709.00
43,709.00
08/01/2022
400,000
4.010%
43,709.00
443,709.00
09/30/2022
487,418.00
02/01/2023
35,689.00
35,689.00
08/01/2023
420,000
4.010%
35,689.00
455,689.00
09/30/2023
491,378.00
02/01/2024
27,268.00
27,268.00
08/01/2024
435,000
4.010%
27,268.00
462,268.00
09/30/2024
489,536.00
02/01/2025
18,546.25
18,546.25
08/01/2025
455,000
4.010%
18,546.25
473,546.25
09/30/2025
492,092.50
02/01/2026
9,423.50
9,423.50
08/01/2026
470,000
4.010%
9,423.50
479,423.50
09/30/2026
488,847.00
3,960,000
926,109.50
4,886,109.50
4,886,109.50
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 1
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
General Obligation Bonds, Series 2007
Dated Date 09/27/2007
Delivery Date 09/27/2007
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
280,000
4.070%
76,821.25
356,821.25
08/01/2017
71,123.25
71,123.25
09/30/2017
427,944.50
02/01/2018
290,000
4.070%
71,123.25
361,123.25
08/01/2018
65,221.75
65,221.75
09/30/2018
426,345.00
02/01/2019
300,000
4.070%
65,221.75
365,221.75
08/01/2019
59,116.75
59,116.75
09/30/2019
424,338.50
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
3,775,000
906,490.75
4,681,490.75
4,681,490.75
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 2
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
General Obligation Bonds, Series 2008
Dated Date 09/10/2008
Delivery Date 09/10/2008
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
460,000
4.130%
143,930.50
603,930.50
08/01/2017
134,431.50
134,431.50
09/30/2017
738,362.00
02/01/2018
475,000
4.130%
134,431.50
609,431.50
08/01/2018
124,622.75
124,622.75
09/30/2018
734,054.25
02/01/2019
500,000
4.130%
124,622.75
624,622.75
08/01/2019
114,297.75
114,297.75
09/30/2019
738,920.50
02/01/2020
520,000
4.130%
114,297.75
634,297.75
08/01/2020
103,559.75
103,559.75
09/30/2020
737,857.50
02/01/2021
540,000
4.130%
103,559.75
643,559.75
08/01/2021
92,408.75
92,408.75
09/30/2021
735,968.50
02/01/2022
565,000
4.130%
92,408.75
657,408.75
08/01/2022
80,741.50
80,741.50
09/30/2022
738,150.25
02/01/2023
585,000
4.130%
80,741.50
665,741.50
08/01/2023
68,661.25
68,661.25
09/30/2023
734,402.75
02/01/2024
610,000
4.130%
68,661.25
678,661.25
08/01/2024
56,064.75
56,064.75
09/30/2024
734,726.00
02/01/2025
640,000
4.130%
56,064.75
696,064.75
08/01/2025
42,848.75
42,848.75
09/30/2025
738,913.50
02/01/2026
665,000
4.130%
42,848.75
707,848.75
08/01/2026
29,116.50
29,116.50
09/30/2026
736,965.25
02/01/2027
690,000
4.130%
29,116.50
719,116.50
08/01/2027
14,868.00
14,868.00
09/30/2027
733,984.50
02/01/2028
720,000
4.130%
14,868.00
734,868.00
09/30/2028
734,868.00
6,970,000
1,867,173.00
8,837,173.00
8,837,173.00
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 3
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
General Obligation and Refunding Bonds, Series 2009
Dated Date 07/01/2009
Delivery Date 08/13/2009
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
550,000
3.000%
137,287.50
687,287.50
08/01/2017
129,037.50
129,037.50
09/30/2017
816,325.00
02/01/2018
550,000
3.250%
129,037.50
679,037.50
08/01/2018
120,100.00
120,100.00
09/30/2018
799,137.50
02/01/2019
210,000
3.500%
120,100.00
330,100.00
08/01/2019
116,425.00
116,425.00
09/30/2019
446,525.00
02/01/2020
250,000
3.750%
116,425.00
366,425.00
08/01/2020
111,737.50
111,737.50
09/30/2020
478,162.50
02/01/2021
190,000
4.050%
111,737.50
301,737.50
08/01/2021
107,890.00
107,890.00
09/30/2021
409,627.50
02/01/2022
160,000
4.050%
107,890.00
267,890.00
08/01/2022
104,650.00
104,650.00
09/30/2022
372,540.00
02/01/2023
175,000
4.250%
104,650.00
279,650.00
08/01/2023
100,931.25
100,931.25
09/30/2023
380,581.25
02/01/2024
215,000
4.250%
100,931.25
315,931.25
08/01/2024
96,362.50
96,362.50
09/30/2024
412,293.75
02/01/2025
200,000
4.500%
96,362.50
296,362.50
08/01/2025
91,862.50
91,862.50
09/30/2025
388,225.00
02/01/2026
210,000
4.500%
91,862.50
301,862.50
08/01/2026
87,137.50
87,137.50
09/30/2026
389,000.00
02/01/2027
220,000
4.500%
87,137.50
307,137.50
08/01/2027
82,187.50
82,187.50
09/30/2027
389,325.00
02/01/2028
530,000
4.500%
82,187.50
612,187.50
08/01/2028
70,262.50
70,262.50
09/30/2028
682,450.00
02/01/2029
455,000
5.500%
70,262.50
525,262.50
08/01/2029
57,750.00
57,750.00
09/30/2029
583,012.50
02/01/2030
480,000
5.500%
57,750.00
537,750.00
08/01/2030
44,550.00
44,550.00
09/30/2030
582,300.00
02/01/2031
510,000
5.500%
44,550.00
554,550.00
08/01/2031
30,525.00
30,525.00
09/30/2031
585,075.00
02/01/2032
540,000
5.500%
30,525.00
570,525.00
08/01/2032
15,675.00
15,675.00
09/30/2032
586,200.00
02/01/2033
570,000
5.500%
15,675.00
585,675.00
09/30/2033
585,675.00
6,015,000
2,871,455.00
8,886,455.00
8,886,455.00
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 4
81010 WO M XUKETS, M.
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
General Obligation and Refunding Bonds, Series 2009
Dated Date 07/01/2009
Delivery Date 08/13/2009
General Fund (GF)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
200,000
3.000%
126,268.75
326,268.75
08/01/2017
123,268.75
123,268.75
09/30/2017
449,537.50
02/01/2018
195,000
3.250%
123,268.75
318,268.75
08/01/2018
120,100.00
120,100.00
09/30/2018
438,368.75
02/01/2019
210,000
3.500%
120,100.00
330,100.00
08/01/2019
116,425.00
116,425.00
09/30/2019
446,525.00
02/01/2020
250,000
3.750%
116,425.00
366,425.00
08/01/2020
111,737.50
111,737.50
09/30/2020
478,162.50
02/01/2021
190,000
4.050%
111,737.50
301,737.50
08/01/2021
107,890.00
107,890.00
09/30/2021
409,627.50
02/01/2022
160,000
4.050%
107,890.00
267,890.00
08/01/2022
104,650.00
104,650.00
09/30/2022
372,540.00
02/01/2023
175,000
4.250%
104,650.00
279,650.00
08/01/2023
100,931.25
100,931.25
09/30/2023
380,581.25
02/01/2024
215,000
4.250%
100,931.25
315,931.25
08/01/2024
96,362.50
96,362.50
09/30/2024
412,293.75
02/01/2025
200,000
4.500%
96,362.50
296,362.50
08/01/2025
91,862.50
91,862.50
09/30/2025
388,225.00
02/01/2026
210,000
4.500%
91,862.50
301,862.50
08/01/2026
87,137.50
87,137.50
09/30/2026
389,000.00
02/01/2027
220,000
4.500%
87,137.50
307,137.50
08/01/2027
82,187.50
82,187.50
09/30/2027
389,325.00
02/01/2028
530,000
4.500%
82,187.50
612,187.50
08/01/2028
70,262.50
70,262.50
09/30/2028
682,450.00
02/01/2029
455,000
5.500%
70,262.50
525,262.50
08/01/2029
57,750.00
57,750.00
09/30/2029
583,012.50
02/01/2030
480,000
5.500%
57,750.00
537,750.00
08/01/2030
44,550.00
44,550.00
09/30/2030
582,300.00
02/01/2031
510,000
5.500%
44,550.00
554,550.00
08/01/2031
30,525.00
30,525.00
09/30/2031
585,075.00
02/01/2032
540,000
5.500%
30,525.00
570,525.00
08/01/2032
15,675.00
15,675.00
09/30/2032
586,200.00
02/01/2033
570,000
5.500%
15,675.00
585,675.00
09/30/2033
585,675.00
5,310,000 2,848,898.75 8,158,898.75 8,158,898.75
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 5
81010 WO M XUKETS, M.
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
General Obligation and Refunding Bonds, Series 2009
Dated Date 07/01/2009
Delivery Date 08/13/2009
Sales Tax Supported (EDC)
Period
Ending
Principal Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
350,000 3.000%
11,018.75
361,018.75
08/01/2017
5,768.75
5,768.75
09/30/2017
366,787.50
02/01/2018
355,000 1250%
5,768.75
360,768.75
09/30/2018
360,768.75
705,000
22,556.25
727,556.25
727,556.25
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 6
81010 WO M XUKETS, M.
00IND11DN.11W:I ATJ 1419
City of Schertz, Texas
General Obligation Refunding Bonds, Series 2010
Dated Date 10/01/2010
Delivery Date 11/30/2010
Period
Ending
Principal
Coupon
Interest
Debt
Service
Annual
Debt
Service
02/01/2017
285,000
3.000%
25,650
310,650
08/01/2017
21,375
21,375
09/30/2017
332,025
02/01/2018
285,000
3.000%
21,375
306,375
08/01/2018
17,100
17,100
09/30/2018
323,475
02/01/2019
300,000
3.000%
17,100
317,100
08/01/2019
12,600
12,600
09/30/2019
329,700
02/01/2020
310,000
4.000%
12,600
322,600
08/01/2020
6,400
6,400
09/30/2020
329,000
02/01/2021
320,000
4.000%
6,400
326,400
09/30/2021
326,400
1,500,000
140,600
1,640,600
1,640,600
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 7
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
General Obligation Bonds, Series 2011
Dated Date 03/01/2011
Delivery Date 04/26/2011
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
235,000
3.000%
169,143.75
404,143.75
08/01/2017
165,618.75
165,618.75
09/30/2017
569,762.50
02/01/2018
240,000
3.500%
165,618.75
405,618.75
08/01/2018
161,418.75
161,418.75
09/30/2018
567,037.50
02/01/2019
250,000
3.500%
161,418.75
411,418.75
08/01/2019
157,043.75
157,043.75
09/30/2019
568,462.50
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
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 8
81010 WO M XUKETS, M.
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 9
BOND DEBT SERVICE
City of Schertz, Texas
General Obligation Bonds, Series 2011
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
7,305,000 4,046,431.25
11,351,431.25
11,351,431.25
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 9
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
General Obligation Refunding Bonds, Series 2011A
Dated Date 12/15/2011
Delivery Date 12/15/2011
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
620,000
2.330%
54,813.25
674,813.25
08/01/2017
47,590.25
47,590.25
09/30/2017
722,403.50
02/01/2018
635,000
2.330%
47,590.25
682,590.25
08/01/2018
40,192.50
40,192.50
09/30/2018
722,782.75
02/01/2019
485,000
2.330%
40,192.50
525,192.50
08/01/2019
34,542.25
34,542.25
09/30/2019
559,734.75
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
4,705,000
450,680.25
5,155,680.25
5,155,680.25
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 10
81010 WO M XUKETS, M.
00IND11DN.11W:I ATJ 1419
City of Schertz, Texas
General Obligation Refunding Bonds, Series 2011
Dated Date 06/01/2011
Delivery Date 06/30/2011
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
03/01/2017
15,237.50
15,237.50
09/01/2017
300,000
2.000%
15,237.50
315,237.50
09/30/2017
330,475.00
03/01/2018
12,237.50
12,237.50
09/01/2018
225,000
2.250%
12,237.50
237,237.50
09/30/2018
249,475.00
03/01/2019
9,706.25
9,706.25
09/01/2019
230,000
2.500%
9,706.25
239,706.25
09/30/2019
249,412.50
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
1,230,000
95,225.00
1,325,225.00
1,325,225.00
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 11
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
General Obligation Bonds, Series 2012
Dated Date 08/01/2012
Delivery Date 09/13/2012
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
320,000
4.350%
94,357.50
414,357.50
08/01/2017
87,397.50
87,397.50
09/30/2017
501,755.00
02/01/2018
335,000
4.000%
87,397.50
422,397.50
08/01/2018
80,697.50
80,697.50
09/30/2018
503,095.00
02/01/2019
345,000
2.000%
80,697.50
425,697.50
08/01/2019
77,247.50
77,247.50
09/30/2019
502,945.00
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
6,440,000
1,605,245.00
8,045,245.00
8,045,245.00
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 12
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
Tax Notes, Series 2013
Dated Date 04/30/2013
Delivery Date 04/30/2013
Period
Ending
Principal
Coupon Interest
Debt
Service
Annual
Debt
Service
02/01/2017
170,000
1.300% 2,550
172,550
08/01/2017
1,445
1,445
09/30/2017
173,995
02/01/2018
170,000
1.700% 1,445
171,445
09/30/2018
171,445
340,000
5,440
345,440
345,440
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 13
81010 WO M RUKETS, M.
OW III DlQ:I.11W:I ATJ 1419
City of Schertz, Texas
Tax Notes, Series 2013A
Dated Date 06/04/2013
Delivery Date 06/04/2013
Period
Ending Principal Coupon
Annual
Interest Debt Service Debt Service
02/01/2017 160,000 1.300% 2,112.50 162,112.50
08/01/2017 1,072.50 1,072.50
09/30/2017 163,185.00
02/01/2018 165,000 1.300% 1,072.50 166,072.50
09/30/2018 166,072.50
325,000 4,257.50 329,257.50 329,257.50
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 14
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2013
Dated Date 09/01/2013
Delivery Date 10/10/2013
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
380,000
2.000%
66,081.25
446,081.25
08/01/2017
62,281.25
62,281.25
09/30/2017
508,362.50
02/01/2018
390,000
2.000%
62,281.25
452,281.25
08/01/2018
58,381.25
58,381.25
09/30/2018
510,662.50
02/01/2019
395,000
2.250%
58,381.25
453,381.25
08/01/2019
53,937.50
53,937.50
09/30/2019
507,318.75
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
4,260,000
1,129,831.25
5,389,831.25
5,389,831.25
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 15
81010 WO M XUKETS, M.
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2013
Dated Date 09/01/2013
Delivery Date 10/10/2013
General Obligation Portion (CI131)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
245,000
2.000%
15,043.75
260,043.75
08/01/2017
12,593.75
12,593.75
09/30/2017
272,637.50
02/01/2018
250,000
2.000%
12,593.75
262,593.75
08/01/2018
10,093.75
10,093.75
09/30/2018
272,687.50
02/01/2019
255,000
2.250%
10,093.75
265,093.75
08/01/2019
7,225.00
7,225.00
09/30/2019
272,318.75
02/01/2020
260,000
2.500%
7,225.00
267,225.00
08/01/2020
3,975.00
3,975.00
09/30/2020
271,200.00
02/01/2021
265,000
3.000%
3,975.00
268,975.00
09/30/2021
268,975.00
1,275,000
82,818.75
1,357,818.75
1,357,818.75
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 16
81010 WO M XUKETS, M.
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2013
Dated Date 09/01/2013
Delivery Date 10/10/2013
Utility Fund Portion (CIB2)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
135,000
2.000%
51,037.50
186,037.50
08/01/2017
49,687.50
49,687.50
09/30/2017
235,725.00
02/01/2018
140,000
2.000%
49,687.50
189,687.50
08/01/2018
48,287.50
48,287.50
09/30/2018
237,975.00
02/01/2019
140,000
2.250%
48,287.50
188,287.50
08/01/2019
46,712.50
46,712.50
09/30/2019
235,000.00
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
2,985,000 1,047,012.50 4,032,012.50 4,032,012.50
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 17
81010 WO M XUKETS, M.
00IND11DN.11W:I ATJ 1419
City of Schertz, Texas
General Obligation Refunding Bonds, Series 2013
Dated Date 10/10/2013
Delivery Date 10/10/2013
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
180,000
2.580%
22,962.00
202,962.00
08/01/2017
20,640.00
20,640.00
09/30/2017
223,602.00
02/01/2018
180,000
2.580%
20,640.00
200,640.00
08/01/2018
18,318.00
18,318.00
09/30/2018
218,958.00
02/01/2019
190,000
2.580%
18,318.00
208,318.00
08/01/2019
15,867.00
15,867.00
09/30/2019
224,185.00
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
1,780,000
214,140.00
1,994,140.00
1,994,140.00
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 18
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
General Obligation Refunding Bonds, Series 2014
Dated Date 05/15/2014
Delivery Date 06/26/2014
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
100,000
2.000%
146,637.50
246,637.50
08/01/2017
145,637.50
145,637.50
09/30/2017
392,275.00
02/01/2018
100,000
3.000%
145,637.50
245,637.50
08/01/2018
144,137.50
144,137.50
09/30/2018
389,775.00
02/01/2019
100,000
3.000%
144,137.50
244,137.50
08/01/2019
142,637.50
142,637.50
09/30/2019
386,775.00
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
8,300,000
2,811,212.50
11,111,212.50
11,111,212.50
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 19
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
Tax Notes, Series 2015
Dated Date 01/08/2015
Delivery Date 01/08/2015
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
13,475.00
13,475.00
08/01/2017
330,000
1.750%
13,475.00
343,475.00
09/30/2017
356,950.00
02/01/2018
10,587.50
10,587.50
08/01/2018
335,000
1.750%
10,587.50
345,587.50
09/30/2018
356,175.00
02/01/2019
7,656.25
7,656.25
08/01/2019
340,000
1.750%
7,656.25
347,656.25
09/30/2019
355,312.50
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
1,540,000
76,125.00
1,616,125.00
1,616,125.00
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 20
81010 WO M XUKETS, M.
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
Tax Notes, Series 2015
Dated Date 01/08/2015
Delivery Date 01/08/2015
EMS 6 Years (CIB1)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
5,687.50
5,687.50
08/01/2017
160,000
1.750%
5,687.50
165,687.50
09/30/2017
171,375.00
02/01/2018
4,287.50
4,287.50
08/01/2018
160,000
1.750%
4,287.50
164,287.50
09/30/2018
168,575.00
02/01/2019
2,887.50
2,887.50
08/01/2019
165,000
1.750%
2,887.50
167,887.50
09/30/2019
170,775.00
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
650,000
28,612.50
678,612.50
678,612.50
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 21
81010 WO M XUKETS, M.
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
Tax Notes, Series 2015
Dated Date 01/08/2015
Delivery Date 01/08/2015
Drainage Equipment (CIB2)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
5,075.00
5,075.00
08/01/2017
110,000
1.750%
5,075.00
115,075.00
09/30/2017
120,150.00
02/01/2018
4,112.50
4,112.50
08/01/2018
115,000
1.750%
4,112.50
119,112.50
09/30/2018
123,225.00
02/01/2019
3,106.25
3,106.25
08/01/2019
115,000
1.750%
3,106.25
118,106.25
09/30/2019
121,212.50
02/01/2020
2,100.00
2,100.00
08/01/2020
120,000
1.750%
2,100.00
122,100.00
09/30/2020
124,200.00
02/01/2021
1,050.00
1,050.00
08/01/2021
120,000
1.750%
1,050.00
121,050.00
09/30/2021
122,100.00
580,000
30,887.50
610,887.50
610,887.50
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 22
81010 WO M XUKETS, M.
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
Tax Notes, Series 2015
Dated Date 01/08/2015
Delivery Date 01/08/2015
Water Equipment (CIB3)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
1,137.50
1,137.50
08/01/2017
25,000
1.750%
1,137.50
26,137.50
09/30/2017
27,275.00
02/01/2018
918.75
918.75
08/01/2018
25,000
1.750%
918.75
25,918.75
09/30/2018
26,837.50
02/01/2019
700.00
700.00
08/01/2019
25,000
1.750%
700.00
25,700.00
09/30/2019
26,400.00
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
130,000
7,000.00
137,000.00
137,000.00
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 23
81010 WO M XUKETS, M.
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
Tax Notes, Series 2015
Dated Date 01/08/2015
Delivery Date 01/08/2015
General Fund Equipment (CIB4)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
1,575.00
1,575.00
08/01/2017
35,000
1.750%
1,575.00
36,575.00
09/30/2017
38,150.00
02/01/2018
1,268.75
1,268.75
08/01/2018
35,000
1.750%
1,268.75
36,268.75
09/30/2018
37,537.50
02/01/2019
962.50
962.50
08/01/2019
35,000
1.750%
962.50
35,962.50
09/30/2019
36,925.00
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
180,000
9,625.00
189,625.00
189,625.00
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 24
81010 WO M RUKETS, M.
OW III DlQ:I.11W:I ATJ 1419
City of Schertz, Texas
Tax Notes, Series 2015A
Dated Date 11/19/2015
Delivery Date 11/19/2015
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt
Service
02/01/2017
6,891.50
6,891.50
08/01/2017
145,000
1.540%
6,891.50
151,891.50
09/30/2017
158,783
02/01/2018
5,775.00
5,775.00
08/01/2018
145,000
1.540%
5,775.00
150,775.00
09/30/2018
156,550
02/01/2019
4,658.50
4,658.50
08/01/2019
150,000
1.540%
4,658.50
154,658.50
09/30/2019
159,317
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
895,000
48,741.00
943,741.00
943,741
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 25
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
General Obligation Refunding Bonds, Series 2015
Dated Date 11/01/2015
Delivery Date 12/15/2015
Period
Ending
Principal
Coupon Interest
Debt Service
Annual
Debt Service
02/01/2017
450,000
2.000% 53,312.50
503,312.50
08/01/2017
48,812.50
48,812.50
09/30/2017
552,125.00
02/01/2018
490,000
2.000% 48,812.50
538,812.50
08/01/2018
43,912.50
43,912.50
09/30/2018
582,725.00
02/01/2019
660,000
2.000% 43,912.50
703,912.50
08/01/2019
37,312.50
37,312.50
09/30/2019
741,225.00
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
4,105,000
741,637.50
4,846,637.50
4,846,637.50
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 26
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
General Obligation Bonds, Series 2016
Dated Date 08/01/2016
Delivery Date 09/01/2016
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
405,000
2.000%
89,903.13
494,903.13
08/01/2017
85,853.13
85,853.13
09/30/2017
580,756.26
02/01/2018
205,000
4.000%
85,853.13
290,853.13
08/01/2018
81,753.13
81,753.13
09/30/2018
372,606.26
02/01/2019
215,000
4.000%
81,753.13
296,753.13
08/01/2019
77,453.13
77,453.13
09/30/2019
374,206.26
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
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 27
81010 WO M XUKETS, M.
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 28
BOND DEBT SERVICE
City of Schertz, Texas
General Obligation Bonds, Series
2016
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
5,880,000 1,820,553.25
7,700,553.25
7,700,553.25
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 28
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2016A
Dated Date 08/01/2016
Delivery Date 09/01/2016
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
170,000
4.000%
39,784.38
209,784.38
08/01/2017
36,384.38
36,384.38
09/30/2017
246,168.76
02/01/2018
165,000
4.000%
36,384.38
201,384.38
08/01/2018
33,084.38
33,084.38
09/30/2018
234,468.76
02/01/2019
175,000
4.000%
33,084.38
208,084.38
08/01/2019
29,584.38
29,584.38
09/30/2019
237,668.76
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
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 29
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2016A
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
2,375,000 582,922.02 2,957,922.02 2,957,922.02
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 30
81010 WO M XUKETS, M.
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2016A
Dated Date 08/01/2016
Delivery Date 09/01/2016
Remodel Component (REMODEL)
Period
Ending
Principal
Coupon
Interest
Debt
Service
Annual
Debt
Service
02/01/2017
110,000
4.000%
16,900
126,900
08/01/2017
14,700
14,700
09/30/2017
141,600
02/01/2018
110,000
4.000%
14,700
124,700
08/01/2018
12,500
12,500
09/30/2018
137,200
02/01/2019
115,000
4.000%
12,500
127,500
08/01/2019
10,200
10,200
09/30/2019
137,700
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
845,000
123,300
968,300
968,300
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 31
81010 WO M XUKETS, M.
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2016A
Dated Date 08/01/2016
Delivery Date 09/01/2016
Road Work Component (ROAD)
Period
Annual
Ending
Principal
Coupon
Interest
Debt Service
Debt Service
02/01/2017
60,000
4.000%
22,884.38
82,884.38
08/01/2017
21,684.38
21,684.38
09/30/2017
104,568.76
02/01/2018
55,000
4.000%
21,684.38
76,684.38
08/01/2018
20,584.38
20,584.38
09/30/2018
97,268.76
02/01/2019
60,000
4.000%
20,584.38
80,584.38
08/01/2019
19,384.38
19,384.38
09/30/2019
99,968.76
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
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 32
81010 WO M XUKETS, M.
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2016A
Road Work Component (ROAD)
Period
Ending
Principal Coupon Interest
Debt Service
Annual
Debt Service
09/30/2034
97,200.00
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 3.000% 1,500.00
101,500.00
09/30/2036
101,500.00
1,530,000 459,622.02 1,989,622.02 1,989,622.02
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 33
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Taxable Series 2016B
YMCA Lease Payment Supported
Dated Date 08/01/2016
Delivery Date 09/01/2016
Period
Annual
Ending
Principal
Coupon
Interest
Debt Service
Debt Service
02/01/2017
55,000
3.000%
24,856.25
79,856.25
08/01/2017
24,031.25
24,031.25
09/30/2017
103,887.50
02/01/2018
55,000
3.000%
24,031.25
79,031.25
08/01/2018
23,206.25
23,206.25
09/30/2018
102,237.50
02/01/2019
55,000
3.000%
23,206.25
78,206.25
08/01/2019
22,381.25
22,381.25
09/30/2019
100,587.50
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
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 34
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Taxable Series 2016B
YMCA Lease Payment Supported
Period Annual
Ending 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
1,475,000 576,981.25 2,051,981.25 2,051,981.25
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 35
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2017
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 36
Dated Date
05/15/2017
Delivery Date
06/20/2017
Period
Annual
Ending
Principal
Coupon
Interest
Debt Service
Debt Service
02/01/2018
345,000
3.000%
118,595.56
463,595.56
08/01/2018
78,212.50
78,212.50
09/30/2018
541,808.06
02/01/2019
385,000
3.000%
78,212.50
463,212.50
08/01/2019
72,437.50
72,437.50
09/30/2019
535,650.00
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
02/01/2036
255,000
3.250%
8,450.00
263,450.00
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 36
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2017
Period Annual
Ending Principal Coupon Interest Debt Service Debt Service
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
5,475,000 1,550,683.06 7,025,683.06 7,025,683.06
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 37
81010 WO M XUKETS, M.
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2017
Dated Date 05/15/2017
Delivery Date 06/20/2017
20 -Year Project Bond Component (BOND)
Period
Annual
Ending
Principal
Coupon
Interest
Debt Service
Debt Service
02/01/2018
130,000
3.000%
87,448.89
217,448.89
08/01/2018
59,537.50
59,537.50
09/30/2018
276,986.39
02/01/2019
155,000
3.000%
59,537.50
214,537.50
08/01/2019
57,212.50
57,212.50
09/30/2019
271,750.00
02/01/2020
160,000
3.000%
57,212.50
217,212.50
08/01/2020
54,812.50
54,812.50
09/30/2020
272,025.00
02/01/2021
165,000
3.000%
54,812.50
219,812.50
08/01/2021
52,337.50
52,337.50
09/30/2021
272,150.00
02/01/2022
170,000
3.000%
52,337.50
222,337.50
08/01/2022
49,787.50
49,787.50
09/30/2022
272,125.00
02/01/2023
175,000
3.000%
49,787.50
224,787.50
08/01/2023
47,162.50
47,162.50
09/30/2023
271,950.00
02/01/2024
180,000
3.000%
47,162.50
227,162.50
08/01/2024
44,462.50
44,462.50
09/30/2024
271,625.00
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
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 38
81010 WO M XUKETS, M.
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2017
20 -Year Proiect Bond Component (BOND)
Period
Ending
Principal
Coupon Interest
Debt Service
Annual
Debt Service
08/01/2035
8,450.00
8,450.00
09/30/2035
270,962.50
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
4,015,000
1,399,536.39
5,414,536.39
5,414,536.39
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 39
81010 WO M XUKETS, M.
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2017
Dated Date 05/15/2017
Delivery Date 06/20/2017
Fire Truck (7 YR)
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2018
115,000
3.000%
19,626.67
134,626.67
08/01/2018
12,075.00
12,075.00
09/30/2018
146,701.67
02/01/2019
125,000
3.000%
12,075.00
137,075.00
08/01/2019
10,200.00
10,200.00
09/30/2019
147,275.00
02/01/2020
130,000
3.000%
10,200.00
140,200.00
08/01/2020
8,250.00
8,250.00
09/30/2020
148,450.00
02/01/2021
130,000
3.000%
8,250.00
138,250.00
08/01/2021
6,300.00
6,300.00
09/30/2021
144,550.00
02/01/2022
135,000
3.000%
6,300.00
141,300.00
08/01/2022
4,275.00
4,275.00
09/30/2022
145,575.00
02/01/2023
140,000
3.000%
4,275.00
144,275.00
08/01/2023
2,175.00
2,175.00
09/30/2023
146,450.00
02/01/2024
145,000
3.000%
2,175.00
147,175.00
09/30/2024
147,175.00
920,000
106,176.67
1,026,176.67
1,026,176.67
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 40
81010 WO M XUKETS, M.
DETAILED BOND DEBT SERVICE
City of Schertz, Texas
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2017
Dated Date 05/15/2017
Delivery Date 06/20/2017
Ambulances (5 YR)
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 41
Annual
Period
Debt
Debt
Ending
Principal
Coupon
Interest
Service
Service
02/01/2018
100,000
3.000%
11,520
111,520
08/01/2018
6,600
6,600
09/30/2018
118,120
02/01/2019
105,000
3.000%
6,600
111,600
08/01/2019
5,025
5,025
09/30/2019
116,625
02/01/2020
110,000
3.000%
5,025
115,025
08/01/2020
3,375
3,375
09/30/2020
118,400
02/01/2021
110,000
3.000%
3,375
113,375
08/01/2021
1,725
1,725
09/30/2021
115,100
02/01/2022
115,000
3.000%
1,725
116,725
09/30/2022
116,725
540,000
44,970
584,970
584,970
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 41
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
General Obligation Bonds, Series 2017
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 42
Dated Date
05/15/2017
Delivery Date
06/20/2017
Period
Annual
Ending
Principal
Coupon
Interest
Debt Service
Debt Service
02/01/2018
135,000
3.000%
85,706.67
220,706.67
08/01/2018
58,237.50
58,237.50
09/30/2018
278,944.17
02/01/2019
150,000
3.000%
58,237.50
208,237.50
08/01/2019
55,987.50
55,987.50
09/30/2019
264,225.00
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
02/01/2036
250,000
3.250%
8,287.50
258,287.50
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 42
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
General Obligation Bonds, Series 2017
Period
Ending Principal Coupon
Annual
Interest Debt Service Debt Service
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
3,935,000 1,372,169.17 5,307,169.17 5,307,169.17
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 43
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
Contract Revenue Bonds, Series 2001
Schertz /Seguin local Government Corp.
Dated Date 08/01/2006
Delivery Date 08/01/2006
Period
Ending
Principal
Coupon Interest
Debt
Service
Annual
Debt
Service
02/01/2017
260,000
260,000
08/01/2017
260,000
260,000
09/30/2017
520,000
02/01/2018
260,000
260,000
08/01/2018
260,000
260,000
09/30/2018
520,000
02/01/2019
260,000
260,000
08/01/2019
260,000
260,000
09/30/2019
520,000
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
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 44
81010 WO M XUKETS, M.
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 45
BOND DEBT SERVICE
City of Schertz, Texas
Contract Revenue Bonds, Series 2001
Schertz /Seguin local Government Corp.
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 8,634,340 18,634,340
18,634,340
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 45
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
Contract Revenue Bonds, Series 2010
Schertz /Seguin local Government Corp.
Dated Date 06/01/2010
Delivery Date 07/14/2010
Period Annual
Ending Principal Coupon Interest Debt Service Debt Service
02/01/2017
485,000
3.000%
454,843.75
939,843.75
08/01/2017
447,568.75
447,568.75
09/30/2017
1,387,412.50
02/01/2018
505,000
3.500%
447,568.75
952,568.75
08/01/2018
438,731.25
438,731.25
09/30/2018
1,391,300.00
02/01/2019
520,000
3.500%
438,731.25
958,731.25
08/01/2019
429,631.25
429,631.25
09/30/2019
1,388,362.50
02/01/2020
540,000
3.500%
429,631.25
969,631.25
08/01/2020
420,181.25
420,181.25
09/30/2020
1,389,812.50
02/01/2021
560,000
4.000%
420,181.25
980,181.25
08/01/2021
408,981.25
408,981.25
09/30/2021
1,389,162.50
02/01/2022
585,000
4.000%
408,981.25
993,981.25
08/01/2022
397,281.25
397,281.25
09/30/2022
1,391,262.50
02/01/2023
610,000
4.000%
397,281.25
1,007,281.25
08/01/2023
385,081.25
385,081.25
09/30/2023
1,392,362.50
02/01/2024
630,000
4.000%
385,081.25
1,015,081.25
08/01/2024
372,481.25
372,481.25
09/30/2024
1,387,562.50
02/01/2025
660,000
4.000%
372,481.25
1,032,481.25
08/01/2025
359,281.25
359,281.25
09/30/2025
1,391,762.50
02/01/2026
685,000
4.125%
359,281.25
1,044,281.25
08/01/2026
345,153.13
345,153.13
09/30/2026
1,389,434.38
02/01/2027
715,000
4.250%
345,153.13
1,060,153.13
08/01/2027
329,959.38
329,959.38
09/30/2027
1,390,112.51
02/01/2028
745,000
4.250%
329,959.38
1,074,959.38
08/01/2028
314,128.13
314,128.13
09/30/2028
1,389,087.51
02/01/2029
780,000
4.250%
314,128.13
1,094,128.13
08/01/2029
297,553.13
297,553.13
09/30/2029
1,391,681.26
02/01/2030
815,000
4.500%
297,553.13
1,112,553.13
08/01/2030
279,215.63
279,215.63
09/30/2030
1,391,768.76
02/01/2031
850,000
4.500%
279,215.63
1,129,215.63
08/01/2031
260,090.63
260,090.63
09/30/2031
1,389,306.26
02/01/2032
890,000
4.500%
260,090.63
1,150,090.63
08/01/2032
240,065.63
240,065.63
09/30/2032
1,390,156.26
02/01/2033
930,000
4.625%
240,065.63
1,170,065.63
08/01/2033
218,559.38
218,559.38
09/30/2033
1,388,625.01
02/01/2034
975,000
4.625%
218,559.38
1,193,559.38
08/01/2034
196,012.50
196,012.50
09/30/2034
1,389,571.88
02/01/2035
1,020,000
4.625%
196,012.50
1,216,012.50
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 46
81010 WO M XUKETS, M.
Period
Ending
Principal
BOND DEBT SERVICE
City of Schertz, Texas
Contract Revenue Bonds, Series 2010
Schertz /Seguin local Government Corp.
Coupon Interest Debt Service
Annual
Debt Service
08/01/2035
172,425.00
172,425.00
09/30/2035
1,388,437.50
02/01/2036
1,070,000
4.750% 172,425.00
1,242,425.00
08/01/2036
147,012.50
147,012.50
09/30/2036
1,389,437.50
02/01/2037
1,125,000
4.750% 147,012.50
1,272,012.50
08/01/2037
120,293.75
120,293.75
09/30/2037
1,392,306.25
02/01/2038
1,175,000
4.750% 120,293.75
1,295,293.75
08/01/2038
92,387.50
92,387.50
09/30/2038
1,387,681.25
02/01/2039
1,235,000
4.750% 92,387.50
1,327,387.50
08/01/2039
63,056.25
63,056.25
09/30/2039
1,390,443.75
02/01/2040
1,295,000
4.750% 63,056.25
1,358,056.25
08/01/2040
32,300.00
32,300.00
09/30/2040
1,390,356.25
02/01/2041
1,360,000
4.750% 32,300.00
1,392,300.00
09/30/2041
1,392,300.00
20,760,000
13,989,706.33
34,749,706.33
34,749,706.33
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 47
81010 WO M XUKETS, M.
BOND DEBT SERVICE
City of Schertz, Texas
Contract Revenue Refunding Bonds, Series 2014
Schertz /Seguin Local Government Corp.
Dated Date 09/01/2014
Delivery Date 10/15/2014
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
02/01/2017
520,000
2.000%
74,787.50
594,787.50
08/01/2017
69,587.50
69,587.50
09/30/2017
664,375.00
02/01/2018
530,000
2.000%
69,587.50
599,587.50
08/01/2018
64,287.50
64,287.50
09/30/2018
663,875.00
02/01/2019
540,000
2.000%
64,287.50
604,287.50
08/01/2019
58,887.50
58,887.50
09/30/2019
663,175.00
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
5,200,000
779,687.50
5,979,687.50
5,979,687.50
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 48
BOND DEBT SERVICE
Schertz- Seguin Local Government Corporation
Contract Revenue Bond, Series 2015
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 49
Dated Date
12/01/2014
Delivery Date
01/13/2015
Annual
Period
Debt
Debt
Ending
Principal
Coupon
Interest
Service
Service
02/01/2017
700,000
3.000%
873,025
1,573,025
08/01/2017
862,525
862,525
09/30/2017
2,435,550
02/01/2018
730,000
3.000%
862,525
1,592,525
08/01/2018
851,575
851,575
09/30/2018
2,444,100
02/01/2019
745,000
3.000%
851,575
1,596,575
08/01/2019
840,400
840,400
09/30/2019
2,436,975
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
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 49
BOND DEBT SERVICE
Schertz- Seguin Local Government
CorporationContract Revenue Bond, Series 2015
Period
Ending
Principal
Coupon
Interest
Debt
Service
Annual
Debt
Service
02/01/2035
630,000
4.000%
430,800
1,060,800
08/01/2035
418,200
418,200
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
41,025,000
28,127,025
69,152,025
69,152,025
May 23, 2017 12:19 pm Prepared by SAMCO Capital Markets, Inc. (ATF) (Finance 7.017 Schertz:AGG) Page 50
ME X�MO�� •
Schertz, City Texas Municipal Reports
(General Obligation Debt) Last Revised: 10/20/2016
2302
,f-
Guadalupe, Comal, Bexar Counties Page 1 of 13
FOR OPERATING DATA OF THE WATERWORKS AND SEWER SYSTEM, SEE SEPARATE TEXAS
MUNICIPAL REPORT.
FINANCIAL STATEMENT (As of September 30, 2015)
Net Taxable Assessed Valuation ( "A.S. "), 2016 $3,757,413,736
New Debt $14,935,000
Outstanding Debt 63,620,000
Total General Obligation Debt $78.555,000
Less: Self - Supporting (a)
Water & Sewer 12,409,759
Economic Development (Type B) 1,384,993
EMS Building 804,885
Drainage 684,866
GO Debt payable from Ad Valorem Taxes $63.270,497
Less: I &S Fund 847,178
Net Debt $62,423,319
(a) The August 01, 2016 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 - 1.66%
Net Debt Per Sq mile - $2,527,259.88
Net Debt Per Capita $1,737.41
Net Taxable Assessed Valuation Per Capita - $104,578.86
Bureau of Census Pop: 2000 18,694
Bureau of Census Pop: 2010 31,465
2016 Estimated Population 37,865
Area 24.70 Sq mile
PAYMENT RECORD: Never defaulted.
MATERIAL INFORMATION:
MATERIAL EVENT NOTICE (As of May 28, 2014) Standard & Poor's Ratings Services
(S &P) raised its rating on the City's general obligation debt one notch to AA+
from AA based on S &P's local GO criteria published September 1.2, 2013. The
outlook is stable. The rating reflects S &P's opinion of the following factors
for the City: (i) strong economy; (ii) very strong budgetary flexibility; (iii)
strong budgetary performance (iv) very strong liquidity with strong access to
external liquidity: (v) strong management; and (vi) very weak debt and
contingent liabilities due mostly to high carrying charges and net direct debt.
The stable outlook reflects S &P's opinion of the City's very strong budgetary
flexibility and liquidity, supported by a strong management team and economy.
Tax
Tax
Adjusted %
Collected
Total % Collected
Year
A.V.
Rate
Levy
within
FY
as of 09/30/2015*
2010
$2,363,893,708
$0.4493
$9,978,430
99.17
Denomination
99.91
2011
2,411,270,623
0.4843
11,239,572
99.29
99.95
2012
2,600,365,551
0.4999
12,536,540
99.35
99.61
2013
2,752,562,574
0.4974
13,383,759
99.35
99.66
2014
3,037,267,611
0.4974
14393,867
99.63
99.63
2015
3.396,288,285
0.4911
16,679,172
(In
process
of collection)
2016
3.757,413,736
0.4911
18,452,659
* Delinquent tax collections are allocated to the respective years in which the
taxes are levied.
Tax Rate Distribution 2016 2015 2014 2013
Operations $0.3168 $0.3159 $0.3164 $0.3010
I &S 0.1743 0.1752 0.1810 0.1964
------ ------ - - - - -- - - - - --
Totals $0.4911 $0.4911 $0.4974 $0.4974
Tax Rate Limitation: Article XI, Section 5 of Texas Constitution, applicable to
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 ABATEMENTS The City currently has 4 tax abatement agreements. There were no
tax abatement losses for the 2016 tax year.
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:
2011 16.279.087
2012 14,300,641
2013 15,046,362
2014 11,664,298
2015 15,879,383
2016 18.033.005
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
Schertz 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
2012 1.500% $8.130,275 64.85% $0.32
2013 1.500 9,716,195 72.59 0.36
2014 1.500 10,445,078 70.60 0.35
2015 1.500 10,303,429 61,77 0.30
DETAILS OF OUTSTANDING DEBT
Details of Limited Tax Debt (Outstanding 9/3012015)
GO Bds Ser 2006
Tax Treatment:
Tax Exempt
Original Issue Amount
$15,000,000.00
Dated Date:
08/01/2006
Sale Date:
08/15/2006
Delivery Date:
09/20/2006
Sale Type:
Negotiated
Record Date:
MSRB
Bond Form:
BE
Denomination
$5,000
Interest pays
Semi - Annually: 08/01, 02101
1st Coupon Date:
0210112007
Paying Agent: Wells Fargo Bank, N.A., Austin, TX
Bond Counsel: Fulbright & Jaworski L.L.P.
,; i Texas Municipal Reports
"o
(General Obligation Debt) Last Revised: 10/20/2016
2302
,f-
Guadalupe, Comal, Bexar Counties Page 2 of 13
Financial Advisor: Southwest Securities, San Antonio, TX
Lead Manager: SAMCO Capital Markets
Co- Manager: BBC Capital Markets
Insurance: National Public Finance Guarantee Corporation
Use of Proceeds: Library, Streets & Sidewalks, Drainage.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2016 400,000.00 4.0000% 4.110%
$400,000.00
Call Option: Non Callable
Refunded Notes: M,
Refunded Amount
1,540,000.00
1,715,000.00
1,900,000.00
3,220,000.00*
3turities refunded
Mat Date Coupon
02/01/2023 5.250
02/01/2025 5.250
02/01/2027 5.250
02/01/2031 4.625
)y GO RE
Price
Par
Par
Par
Par
�f Bds Ser 2014
Sched Call
02/01/2016
02/01/2016
02/01/2016
02/01/2016
Maturities refunded by GO Ref Bds Ser 2015
Refunded Amount Mat Date Coupon Price Sched Call
425,000.00 0210112017 4.125 Par 02/01/2016
475,000.00 02/01/2018 4.200 Par 02/01/2016
655,000.00 02/01/2019 4.300 Par 02/01/2016
685,000.00 0210112020 4.375 Par 02/01/2016
715,000.00 0210112021 4.400 Par 02/01/2016
1,175,000.00 ** 02/01/2031 4.625 Par 02/01/2016
* Partial Maturity
** Remainder
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:
0111712007
Sale Type:
Private Placement
Record Date:
MSRB
Bond Form:
BE
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 81,000.
Economic Development (Type B) 7.37%
Water & Sewer 92.63%
Use of Proceeds: Utility, Streets & Drainage, Public Works, Energy Management
Sys, Communication Equipment.
Orig Reoffering
Maturity Amount Coupon Price /Yield
08/01/2016
655,000.00
4.0100%
N/A
08/01/2017
330,000.00
4.0100%
N/A
08/01/2018
340,000.00
4.0100%
N/A
08/01/2019
355,000.00
4.0100%
N/A
08/01/2020
370,000.00
4.0100%
N/A
08/01/2021
385,000.00
Tax Treatment:
4.0100%
N/A
08/01/2022
400,000.00
09/01/2007
4.0100%
N/A
08/01/2023
420,000.00
Sale Type:
4.0100%
N/A
08/01/2024
435,000.00
BE
4.0100%
N/A
08/01/2025
455,000.00
1st Coupon Date:
4.0100%
N/A
08/01/2026
470,000.00
8300,000
4.0100%
N/A
0210112021
8325,000
0210112022
8340.000
$4,615,000.00
Call Option: Bonds maturing on 08/01/2018 to 08/01/2026 callable in whole or in
part on any date beginning 08/01/2017 @ par.
GO Bds Ser 2007
on 0210112027:
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:
BE
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
02/01/20277 4,040,000.00 4.0700% N/A
$4,040,000.00
Call Option: Term bonds maturing on 0210112027 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
8275,000
02/01/2012
8225,000
02/01/2013
8235,000
0210112014
8245,000
0210112015
8255.000
0210112016
8265,000
0210112017
8280,000
02/01/2018
8290,000
02/01/2019
8300,000
0210112020
8315,000
0210112021
8325,000
0210112022
8340.000
0210112023
8355,000
0210112024
8370,000
02/01/2025
8385,000
0210112026
8400,000
0210112027
8415,000
GO Bds Ser 2008
Tax Treatment: Bank Qualified
Original Issue Amount $9,900,000.00
Dated Date: 08/01/2008
Sale Date: 08/12/2008
Delivery Date: 09/10/2008
,; i Texas Municipal Reports
Fe F
(General Obligation Debt) Last Revised: 10/20/2016
2302
,f-
Guadalupe, Comal, Bexar Counties Page 3 of 13
Sale Type:
Private Placement
Record Date:
MSRB
Bond Form:
BE
Denomination
$100,000
Interest pays
Semi- Annually: 08/01, 02101
1st Coupon Date:
02/01/2009
Paying Agent: Bank of America, N.A., Dallas, TX
Bond Counsel: Fulbright & Jaworski L.L.P.
Financial Advisor: Southwest Securities, San Antonio, TX
Purchaser: Bank of America, N.A., Dallas, TX
Use of Proceeds: Recreational Facilities. Streets & Sidewalks.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2016
440,000.00
4.1300%
N/A
0210112017
460,000.00
4.1300%
N/A
02/01/2018
475,000.00
4.1300%
N/A
02/01/2019
500,000.00
4.1300%
N/A
0210112020
520,000.00
4.1300%
N/A
0210112021
540,000.00
4.1300%
N/A
0210112022
565,000.00
4.1300%
N/A
02/01/2023
585,000.00
4.1300%
N/A
0210112024
610,000.00
4.1300%
N/A
02/01/2025
640,000.00
4.1300%
N/A
02/01/2026
665,000.00
4.1300%
N/A
0210112027
690,000.00
4.1300%
N/A
02/01/2028
720,000.00
4.1300%
N/A
$7,410,000.00
Call Option: Bonds maturing on 02/01/2019 to 02/01/2028 callable in whole or in
part on any date beginning 02/01/2018 @ par.
GO & Ref Bds
Ser 2009
Tax Treatment:
Bank Qualified
Original Issue Amount $9,500,000.00
Dated Date:
07/01/2009
Sale Date:
07/14/2909
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, TX
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
Economic Development (Type B) 15.94%
Use of Proceeds: Streets, Refunding, Recreational Facilities.
Refunding Notes: This issue defeased mty(s) 2/1/2010- 2/1/2018 of GO Bds Per 98 @
par.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2016
540,000.00
3.0000%
2.880%
0210112017
550,000.00
3.0000%
3.160%
02/01/2018
550,000.00
3.2500%
3.340%
02/01/2019
210,000.00
3.5000%
3.510%
02/01/2020
250,000.00
3.7500%
3.760%
02/01/2022T
350,000.00
4.0500%
4.060%
02/01/20247 390,000.00 4.2500% 100.00%
02/01/20287 1,160,000.00 4.5000% 4.600%
02/01/20337 2,555,000.00 5.5000% 4.700%
$6,555,000.00
Call Option: Bonds maturing on 0210112020 and term bonds maturing on 0210112022
and 0210112024 and 02/01/2028 and 02/01/2033 callable in whole or in part on any
date beginning 02/01/2019 @ par.
Term Call: Term bonds maturing on 0210112022:
Mandatory Redemption Date Principal Amount
0210112021 $190,000
0210112022 $160,000
Term bonds maturing on 0210112024:
Mandatory Redemption Date Principal Amount
02/01/2023 $175,000
02/01/2024 $215.000
Term bonds maturing on 0210112028:
Mandatory Redemption Date Principal Amount
02/01/2025 $200,000
02/01/2026 $210,000
0210112027 $220,000
02/01/2028 $530,000
Term bonds maturing on 02/01/2033:
Mandatory Redemption Date Principal Amount
0210112029 $455,000
02/01/2030 $480,000
02/01/2031 $510,000
02/01/2032 $540,000
02/01/2033 $570.000
GO Ref Bds Ser 2010
275,000.00
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.
Refunding Notes: This issue defeased mty(s) 2/1/2012 - 2/112021 of Comb Tax & Ltd
Pledge Rev C/O Ser 2001 @ par.
Orig Reoffering
Maturity Amount Coupon Price /Yield
0210112016
275,000.00
3.0000%
1.850%
0210112017
285,000.00
3.0000%
2.150%
02/01/2018
285,000.00
3.0000%
2.400%
02/01/2019
300.000.00
3.0000%
2.650%
0210112020
310,000.00
4.0000%
2.850%
02/01/2021
320,000.00
4.0000%
3.020%
$1375.000.00
Call Option: Bonds maturing on 02/01/2019 to 0210112021 callable in whole or in
part on any date beginning 02/01/2018 @ par.
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GO Bds Ser 2011
06/01/2011
Tax Treatment:
Tax Exempt
Original Issue Amount
$8,250,000.00
Dated Date:
03/01/2011
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
02/01/2016 225,000.00
0210112017 235,000.00
02/01/2018 240,000.00
02/01/2019 250,000.00
0210112020 260,000.00
0210112021 270,000.00
02/01/2023T 585,000.00
0210112024 315,000.00
0210112025 330,000.00
02/01/2026 345,000.00
02/01/2027 360,000.00
0210112028 375,000.00
02/01/2029 390,000.00
02/01/2030 410,000.00
02/01/2032T 885,000.00
02/01/2034T 975,000.00
02/O1/2036T 1,080,000.00
-------------------- - - - - --
3.0000%
3.0000%
3.5000%
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%
2.070%
2.410%
2.730%
3.010%
3.300%
3.500%
3.900%
4.130%
4.260%
4.400%
4.500%
4.610%
4.720%
4.800%
100.00%
5.050%
5.110%
--- - - - - -- $7,530,000.00
Call Option: Bonds maturing on 0210112024 to 0210112030 and term bonds maturing
on 02/01/2023 and 0210112032 and 02/01/2034 and 02/01/2036 callable in whole or
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 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
lst 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 - 911/2021 of Util Sys Rev &
Ref Bds Ser 2001 @ par.
Orig Reoffering
Maturity Amount Coupon Price /Yield
09/01/2016
300.000.00
Tax Exempt
2.0000%
1.700%
09/01/2017
300.000.00
Sale Date:
2.0000%
2.100%
09/01/2018
225.000.00
Private Placement
2.2500%
2.450%
09/01/2019
230,000.00
Denomination
2.5000%
2.750%
09/01/2020
235,000.00
0210112012
2.7500%
3.000%
09/01/2021
240,000.00
3.0000%
3.200%
$1,530,000.00
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:
BE
Denomination
$100,000
Interest pays
Semi- Annually: 08/01, 02101
lot 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, 0210112024 of Comb Tax & Ltd
Pledge Rev C/O Ser 2004 @ par.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2016 605,000.00 23300% N/A
0210112017 620,000.00 2.3300% N/A
02/01/2018 635,000.00 2.3300% N/A
02/01/2019 485,000.00 2.3300% N/A
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Guadalupe, Comal, Bexar Counties Page 5 of 13
0210112020
475,000.00
2.3300%
N/A
0210112021
485,000.00
2.3300%
N/A
0210112022
670,000.00
2.3300%
N/A
02/01/2023
675,000.00
2.3300%
N/A
0210112024
660,000.00
2.3300%
N/A
Denomination
$5,000
Interest pays
$5,310,000.00
Call Option: Bonds maturing on 0210112022 to 0210112024 callable in whole or in
part on any date beginning 0210112021 @ par.
GO Bds Ser 2012
310,000.00
Tax Treatment:
Tax Exempt
Original Issue Amount
$7,625,000.00
Dated Date:
08/01/2012
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
02/01/2016
310,000.00
3.8750%
0.800%
02/01/2017
320,000.00
4.3500%
1.000%
02/01/2018
335,000.00
4.0000%
1.300%
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%
02/01/2023
385,000.00
2.2500%
2.400%
02/01/2024
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%
02/01/2032T
975,000.00
3.1000%
3.240%
- $6.750.000.00
Call Option: Bonds maturing on 0210112023 to 02/01/2026 and term bonds maturing
on 02/01/2028 and 0210112030 and 0210112032 callable in whole or in part on any
date beginning 02/01/2022 @ 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 0210112030:
Mandatory Redemption Date Principal Amount
02/01/2029 $450,000
02/01/2030 $465,000
Term bonds maturing on 0210112032:
Mandatory Redemption Date Principal Amount
02/01/2031 $480,000
0210112032 $495.000
Tax Notes Ser 2013
Pledge Rev C/O Ser 2013
Tax Treatment:
Tax Exempt
Original Issue Amount
$835,000.00
Dated Date:
04/01/2013
Sale Date:
04/09/2013
Delivery Date:
04/30/2013
Sale Type:
Private Placement
Record Date:
MSRB
Bond Form:
BE
Denomination
$100.000
Interest pays
Semi- Annually: 08/01, 02101
1st Coupon Date:
02/01/2014
Paying Agent: BOKF, N.A., Austin, 1X
Bond Counsel: Fulbright & Jaworski L.L.P.
Financial Advisor: Southwest Securities, San Antonio, TX
Purchaser: Presidio Short Term Tax Exempt Fund, LP
Use of Proceeds: Public Safety.
Orig Reoffering
Maturity Amount Coupon Price /Yield
0210112016 170,000.00 1.0000% 100.00%
0210112017 170,000.00 1.3000% 100.00%
02/01/2018 170,000.00 1.7000% 100.00%
$510,000.00
Call Option: Non Callable
Tax Notes Ser 2013A
Pledge Rev C/O Ser 2013
Tax Treatment:
Bank Qualified
Original Issue Amount
$800,000.00
Dated Date:
05/15/2013
Sale Date:
05/14/2013
Delivery Date:
06/04/2013
Sale Type:
Private Placement
Record Date:
MSRB
Bond Form:
BE
Denomination
$100.000
Interest pays
Semi - Annually: 08/01, 02101
1st Coupon Date:
02/01/2014
Paying Agent: Branch Banking & Trust Company, Charlotte, NO
Bond Counsel: Fulbright & Jaworski LLP
Financial Advisor: Southwest Securities, San Antonio, TX
Purchaser: Branch Banking & Trust Company, Charlotte, NC
Use of Proceeds: Public Safety.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2016 160,000.00 1.3000% N/A
0210112017 160,000.00 1.3000% N/A
02/01/2018 165,000.00 1.3000% N/A
$485,000.00
Call Option: Bonds maturing on 0210112016 to 02/01/2018 callable in whole on any
date beginning 02/01/2015 @ par.
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%
Cl
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Guadalupe, Comal, Bexar Counties Page 6 of 13
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
0210112016
240,000.00
2.0000% 0.750%
Bank Qualified
0210112017
380,000.00
2.0000% 1.000%
09/01/2013
02/01/2018
390,000.00
2.0000% 1.350%
10/10/2013
02/01/2019
395,000.00
2.2500% 1.600%
MSRB
0210112020
405,000.00
2.5000% 1.900%
$100,000
0210112021
415,000.00
3.0000% 2.180%
02/01/2014
0210112022
155,000.00
3.0000% 2.350%
Par
0210112023
160,000.00
3.0000% 2.550%
Par
0210112024
165,000.00
3.5000% 2.700%
0210112023
02/01/2025
170,000.00
3.5000% 2.850%
N/A
02/01/2026
175,000.00
3.5000% 3.000%
2.5800%
02/01/2028T
375,000.00
4.0000% 3.400%
02/01/2030T
405,000.00
4.0000% 3.800%
02/01/2033T
670,000.00
4.0000% 4.150%
$4,500,000.00
Call Option: Bonds maturing on 02/01/2023 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
02/01/2028 $190,000
Term bonds maturing on 02/01/2030:
Mandatory Redemption Date Principal Amount
02/01/2029 $200.000
0210112030 $205,000
Term bonds maturing on 02/01/2033:
Mandatory Redemption Date Principal Amount
02/01/2031 $215,000
0210112032 $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:
BE
Denomination
$100,000
Interest pays
Semi- Annually: 08/01, 02101
1st Coupon Date:
02/01/2014
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
0210112014
Par
325,000
0210112017
0210112014
Par
170,000
02/01/2018
0210112014
Par
180,000
02/01/2019
0210112014
Par
185,000
0210112020
02/01/2014
Par
195,000
0210112021
0210112014
Par
860.000
02/01/2025
0210112014
Par
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2016
175,000.00
Tax Treatment:
2.5800%
N/A
0210112017
180,000.00
05/15/2014
2.5800%
N/A
02/01/2018
180,000.00
Sale Type:
2.5800%
N/A
02/01/2019
190,000.00
BE
2.5800%
N/A
0210112020
190.000.00
1st Coupon Date:
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
0210112024
215,000.00
2.5800%
N/A
02/01/2025
215.000.00
2.5800%
N/A
$1,955,000.00
Call Option: Bonds maturing on 0210112024 to 0210112025 callable in whole or in
part on any date beginning 0210112023 @ par.
GO Ref Bds Ser 2014
Tax Treatment:
Bank Qualified
Original Issue Amount
$8,450,000.00
Dated Date:
05/15/2014
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: BODE, N.A., Austin, TX
Bond Counsel: Fulbright & Jaworski LLP
Financial Advisor: Southwest Securities, San Antonio, TX
Co- Purchaser: Frost Bank
Lead Manager: SAMCO Capital Markets, Inc.
Underwriter's Counsel: McCall Parkhurst & Horton L.L.P.
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 0210112016
3.220.000.00* 02/01/2031 4.625 Par 0210112016
* Partial Maturity
,, n
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Guadalupe, Comal, Bexar Counties Page 7 of 13
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2016
100,000.00
2.0000%
0.450%
0210112017
100,000.00
2.0000%
0.800%
02/01/2018
100,000.00
3.0000%
1.050%
02/01/2019
100,000.00
3.0000%
1.250%
0210112020
100,000.00
3.0000%
1.550%
0210112021
100,000.00
3.0000%
1.750%
0210112022
750,000.00
3.0000%
1.900%
02/01/2023
775,000.00
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%
2.650%
02/01/2029
960,000.00
4.0000%
2.750%
02/01/2030
1,005,000.00
3.5000%
3.100%
$8,400,000.00
Call Option: Bonds maturing on 0210112024 to 0210112030 callable in whole or in
part on any date beginning 0210112023 @ par.
Tax Notes Ser 2015
315,000.00
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:
BE
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 8.08%
EMS Building 43.39%
Drainage 36.92%
Use of Proceeds: Public Works.
Orig Reoffering
Maturity Amount Coupon Price /Yield
08/01/2016
315,000.00
1.7500%
N/A
08/01/2017
330,000.00
1.7500%
N/A
08/01/2018
335.000.00
1.7500%
N/A
08/01/2019
340,000.00
1.7500%
N/A
08/01/2020
345,000.00
1.7500%
N/A
08/01/2021
190,000.00
1.7500%
N/A
N/A
0810112021
150,000.00
$1,855,000.00
Call Option: Non Callable
Tax Notes Ser 2015A
Tax Treatment: Tax Exempt
Original Issue Amount $1,020,000.00
Dated Date: 10/15/2015
Sale Date: 1007/2015
Delivery Date: 11/19/2015
Sale Type: Private Placement
Record Date: MSRB
Bond Form: BE
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
08/01/2016
125,000.00
Tax Treatment:
1.5400%
N/A
08/01/2017
145,000.00
11/01/2015
1.5400%
N/A
08/01/2018
145,000.00
Sale Type:
1.5400%
N/A
08/01/2019
150,000.00
MSRB
1.5400%
N/A
08/01/2020
150,000.00
Interest pays
1.5400%
N/A
0810112021
150,000.00
1.5400%
N/A
0810112022
155,000.00
1.5400%
N/A
$1,020,000.00
Call Option: Non Callable
GO Ref Bds Ser 2015
80,000.00
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:
02/01/2016
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 maturities from the following issues:
GO Bds Ser 2006
Refunded Amount Mat Date Coupon Price Sched Call
425,000.00 02/01/2017 4.125 Par 02/01/2016
475,000.00 02/01/2018 4.200 Par 02/01/2016
655,000.00 02/01/2019 4.300 Par 02/01/2016
685,000.00 0210112020 4.375 Par 0210112016
715,000.00 0210112021 4.400 Par 0210112016
1,175,000.00 ** 02/01/2031 4.625 Par 02/01/2016
** Remainder
prig Reoffering
Maturity Amount Coupon Price /Yield
0210112016
80,000.00
2.0000%
0.240%
02/01/2017
450,000.00
2.0000%
0.600%
02/01/2018
490,000.00
2.0000%
0.940%
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%
$4,185,000.00
i',:r , . qir v ,
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,; i Texas Municipal Reports
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Guadalupe, Comal, Bexar Counties Page 8 of 13
Call Option: Bonds maturing on 02/01/2031 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
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
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
0210112017
170,000.00
4.0000%
0.600%
02/01/2018
165,000.00
4.0000%
0.740%
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%
02/01/2023
205,000.00
4.0000%
1.400%
0210112024
70,000.00
3.0000%
1.530%
02/01/2025
75,000.00
3.0000%
1.670%
02/01/2026
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%
02/01/2030
85,000.00
2.2500%
2.400%
02/01/2031
85,000.00
2.3750%
2.500%
02/01/2032
90,000.00
2.3750%
2.600%
02/01/2033
90,000.00
2.5000%
2.650%
02/01/2036T
285,000.00
3.0000%
100.00%
$2.375.000.00
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
$285,000
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:
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: 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
0210112017
55,000.00
3.0000%
1.000%
02/01/2018
55.000.00
10000%
1.100%
02/01/2019
55,000.00
3.0000%
1.250%
0210112020
60,000.00
3.0000%
1.450%
0210112021
60,000.00
3.0000%
1.650%
0210112022
60,000.00
3.0000%
1.800%
0210112023
65.000.00
3.0000%
2.000%
0210112024
65,000.00
10000%
2.200%
02/01/2025
70.000.00
10000%
2.350%
02/01/2026
70,000.00
3.0000%
2.500%
02/01/20317
395,000.00
3.5000%
2.800%
02/01/2036T
465.000.00
3.7500%
3.000%
$1,475,000.00
Call Option: Term bonds maturing on 0210112031 and 02/01/2036 callable in whole
or in pars; on any date beginning 0210112026 @ par.
Term Call: Term bonds maturing on 02/01/2031 subject to mandatory redemption as
follows:
Redemption Date Principal Amount
0210112027 $75,000
02/01/2028 $75,000
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,; i Texas Municipal Reports
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(General Obligation Debt) Last Revised: 10/20/2016
2302
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Guadalupe, Comal, Bexar Counties Page 9 of 13
02/01/2029
02/01/2030
02/01/2031
$80,000
$80,000
$85,000
$395.000
Term bonds maturing on 02/01/2036 subject to mandatory redemption as follows
Redemption Date
Principal Amount
0210112032
$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
5,380,000.00
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
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
Use of Proceeds: Streets & Drainage.
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2017
02/01/2018
02/01/2019
02/01/2020
02/01/2021
02/01/2022
02/01/2023
02/01/2024
02/01/2025
02/01/2026
02/01/2027
02/01/2028
02/01/2029
02/01/2030
02/01/2031
02/01/2032
02/01/2033
02/01/20367
405,000.00
205,000.00
215,000.00
225,000.00
235,000.00
245,000.00
255,000.00
265,000.00
275.000.00
285,000.00
295,000.00
300,000.00
305,000.00
310,000.00
320,000.00
330.000.00
335,000.00
1.075.000.00
2.0000% 0.650%
4.0000% 0.7408
4.0000% 0.840%
4.0000% 0.980%
4.0000% 1.070%
4.0000% 1.240%
4.0000% 1.400%
4.0000% 1. 530%
4.0000% 1.6708
4.0000% 1.820%
2.0000% 2.020%
2.0000% 2.150%
2.1250% 2.300%
2.2500% 2.400%
2.3750% 2.500%
2.5000% 2.6008
3.0000% 2.700%
3.0000% 100.00%
- $5.880.000.00
Call Option: Bonds maturing on 02/01/2027 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
02/01/2034
02/01/2035
02/01/2036
Principal Amount
$345,000
$360,000
$370,000
$1,075,000
Grand Total _ ______________> $78,555,000.00
Bond Debt Service
Period Ending Principal Interest Debt Service
09/30/16
5,380,000.00
06.85%
2,288,738.10
09/30/2017
7,668,738.10
09/30/1.7
5,925,000.00
09/30/2018
2,462,938.50
21.74%
8,387,938.50
09/30/18
5,775,000.00
28.43%
2,297,640.50
09/30/2020
8,072,640.50
09/30/19
5,255,000.00
09/30/2021
2,138,563.50
42.14%
7,393,563.50
09/30/20
5,420,000.00
47.95%
1,978,072.50
09/30/2023
7,398.072.50
09/30/21
5,350,000.00
09/30/2024
1,801,937.50
59.58%
7,151,937.50
09/30/22
4,560,000.00
64.73%
1,630,114.00
09/30/2026
6,190,114.00
09/30/23
4,560,000.00
09/30/2027
1,473,766.75
74.41%
6,033,766.75
09/30/24
4,575,000.00
79.04%
1,316,067.25
09/30/2029
5,891,067.25
09/30/25
4,045,000.00
09/30/2030
1,162,373.50
86.63%
5,207,373.50
09/30/26
3,970,000.00
90.78%
1,012,696.50
09/30/2032
4,982,696.50
09/30/27
3,635,000.00
09/30/2033
859,667.25
95.89%
4,494,667.25
09/30/28
3,640,000.00
97.20%
721,868.00
09/30/2035
4,361,868.00
09/30/29
2,920,000.00
09/30/2036
595,553.13
100.00%
3,515,553.13
09/30/30
3,040,000.00
481,137.50
3,521,137.50
09/30/31
3,265,000.00
362,356.88
3,627,356.88
09/30/32
2,220,000.00
255,835.00
2,4/5,835.00
09/30/33
1,790,000.00
170,662.50
1,960,662.50
09/30/34
1,030,000.00
109,868.75
1,139.868.75
09/30/35
1,075,000.00
67,331.25
1,142,331.25
09/30/36
1,125,000.00
22,800.00
1,147,800.00
78.555.000.00 23.209.988.85 101.764.988.85
COMPUTED ON BASIS OF MANDATORY REDEMPTION
Debt Amortization Rates
% of Principal
Period Ending Principal Retired
09/30/2016
5,380,000.00
06.85%
09/30/2017
5,925,000.00
14.39%
09/30/2018
5,775,000.00
21.74%
09/30/2019
5,255,000.00
28.43%
09/30/2020
5,420,000.00
35.33%
09/30/2021
5,350,000.00
42.14%
09/30/2022
4,560,000.00
47.95%
09/30/2023
4,560,000.00
53.75%
09/30/2024
4,575,000.00
59.58%
09/30/2025
4,045,000.00
64.73%
09/30/2026
3,970,000.00
69.78%
09/30/2027
3,635,000.00
74.41%
09/30/2028
3,640,000.00
79.04%
09/30/2029
2,920,000.00
82.76%
09/30/2030
3,040,000.00
86.63%
09/30/2031
3,265,000.00
90.78%
09/30/2032
2,220,000.00
93.61%
09/30/2033
1,790,000.00
95.89%
09/30/2034
1,030,000.00
97.20%
09/30/2035
1,075,000.00
98.57%
09/30/2036
1.125.000.00
100.00%
,
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Schertz, City Texas Municipal Reports
,_' I
(General Obligation Debt) Last Revised: 10/20/2016
2302
,f-
Guadalupe, Comal, Bexar Counties Page 10 of 13
G.O. Debt Service Requirements for
fiscal year- ending 09/30/2016
I &S Fos all G.O. issues 09/30/2015
2015 I &S Fund Tax Levy @ 90%
Economic Development Corp (Type B)
Water & Sewer
EMS Building
Drainage
ECONOMIC DEVELOPMENT CORPORATION
Total Revenues $3,458,758
Expenses:
Economic Development
Debt Service
Other
Total Expenses
Excess (Deficiency) of
Revenues Over (Under)
Expenditures
SCHERTZ EMS
$7,668,738
$847,178
5,355,267
1.93,046
1,740,442
150,763
128.283
Fiscal Year Ended
09 -30 -2014 09 -30 -2013 09 -30 -2012
$3,521,338 $3,215,620 $2,659,194
9,599 8,821 9,195
0 0 16,848
$3,530,937 $3,224,441 $2,685,237
$279,980 $565,322 $572,880 $918,928
430,609 427,671 428,504 428,329
351,812 519,831 197,859 0
$1,062,401 $1,512,824 $1,199,243 $1,347,257
$2,396,357 $2,018,113 $2,025,198 $1,337,980
09 -30 -2015
Fees & Charges $4,416,140
Expenses $4,467,869
Excess (Deficiency) of
Revenues Over (Under)
Expenditures ($51,729)
f_A1ji:[i1 41"A4E7.1111111111 il Ib*13114
Fiscal Year Ended
09 -30 -2014 09 -30 -2013 09 -30 -2012
$4,533,828 $4,459,945 $3,561J83
$4.056.994 $3.802.397 $3.611.004
$476,834 $657,548 ($49,221)
GENERAL OBLIGATION BONDS AUTHORIZED BUT UNISSUED
Election
09 -30 -2015
Revenues:
Issued
Taxes
$3,442,819
Interest
14,461
Other
1.478
Total Revenues $3,458,758
Expenses:
Economic Development
Debt Service
Other
Total Expenses
Excess (Deficiency) of
Revenues Over (Under)
Expenditures
SCHERTZ EMS
$7,668,738
$847,178
5,355,267
1.93,046
1,740,442
150,763
128.283
Fiscal Year Ended
09 -30 -2014 09 -30 -2013 09 -30 -2012
$3,521,338 $3,215,620 $2,659,194
9,599 8,821 9,195
0 0 16,848
$3,530,937 $3,224,441 $2,685,237
$279,980 $565,322 $572,880 $918,928
430,609 427,671 428,504 428,329
351,812 519,831 197,859 0
$1,062,401 $1,512,824 $1,199,243 $1,347,257
$2,396,357 $2,018,113 $2,025,198 $1,337,980
09 -30 -2015
Fees & Charges $4,416,140
Expenses $4,467,869
Excess (Deficiency) of
Revenues Over (Under)
Expenditures ($51,729)
f_A1ji:[i1 41"A4E7.1111111111 il Ib*13114
Fiscal Year Ended
09 -30 -2014 09 -30 -2013 09 -30 -2012
$4,533,828 $4,459,945 $3,561J83
$4.056.994 $3.802.397 $3.611.004
$476,834 $657,548 ($49,221)
GENERAL OBLIGATION BONDS AUTHORIZED BUT UNISSUED
Election
Amount
Issued
Date
Purpose
Authorized
To Date
Unissued
11/03/15
Street & Bridge
$7,000,000
$2,000,000
$5,000,000
11/03/15
Pub Saftey
8,000,000
4,000,000
4,000,000
Total:
$15,000,000
$6,000,000
*$9,000,000
* Excludes authorizations from the following election propositions(s) because
the remaining authorization is deemed too small or too old:
12/16/1961- $14,000 Sewer Imprs
07/18/1970- $250,000 Sewer Imprs
08/09/1997- $595 Fire Station
08/09/1997- $330 EMS Building
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.
Changes in Texas Municipal Retirement System (TORS) Actuarial Method and Plan
Assumptions
In early 2007, TMRS informed each of the member cities that the current
actuarial assumptions did not take into account updated service credits or cost
of living increases which are granted to retirees. These benefits, which some
cities adopted, have been historically funded on a pay -as- you -go basis. This has
led to regular increases in member cities' rates and a decrease in the overall
funding of the retirement system. TMRS announced that it intended to study the
impact of these benefit components and make potential changes in the way
benefits are being funded.
After careful deliberation, the TMRS board approved several changes at its
November and December meetings to the actuarial methods and plan assumptions.
The board changed the actuarial method from unit credit to projected unit
credit. Projected unit credit will allow the actuaries to consider the future
financial impact of updated service credits and cost of living increases, and
these benefits will begin to be pre- funded instead of funded on a pay -as- you -go
basis. To mitigate the impact of this change, the board approved an eight year
transition period. During this time, cities will be able to phase in the higher
contribution rates instead of being required to fund these new rates
immediately. Also, the board changed the amortization period from a 25 -year open
period to a 30 -year closed period. Under a closed amortization period,
contribution rates are higher, but a greater percentage of the unfunded balance
is paid off each year. Finally, the board approved changes to the investment
policy. TMRS has historically invested solely in fixed income investments. The
board authorized the selection of an investment advisor to begin shifting a
portion of investments into equity securities as a way to diversify the
portfolio's holdings and earn higher returns than could be obtained with fixed
income investments.
Required Contribution Rates (Percentage of gross covered salary)
2017 2016
Employee: 7.00% 7.00%
City: 16.00% 16.06%
Actuarial Valuation as of 12/31/2015 12/31/2014
Assets $39,338,018 $35,200,062
Accrued Liabilities $55,119,232 $50,229,051
(Unfunded) /Overfunded Liab. ($15,781,214) ($15,028,989)
Funded Ratio 71.37% 70.08%
Annual Covered Payroll $16,309,269 $15,389,154
(Unfunded) /Overfunded Liability
as a % of Covered Payroll (96.76)% (97.66)%
2015 Source: Texas Municipal Retirement System 12/31/2015 CAFR
2014 Source: City of Schertz 09/30/2015 CAFR
SCHEDULE OF CHANGES IN NET PENSION LIABILITY AND RELATED RATIOS
12 -31 -2014
Pension Liability - Beginning $45,615,815
Pension Liability - Ending (a) $50,229,051
Contributions Employer $ 2,403,929
Contributions Employee $ 1,077,097
Plan Fiduciary Net Position - Beg $32,179,518
Plan Fiduciary Net Position - End (b) $36,412,844
Net Pension Liability (a) - (b)
(Pension Liab - Fiduciary Position) $13,816,207
Plan Fiduciary Net Position as a
% of Total Pension Liability 72.49
.e l
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Schertz, City Texas Municipal Reports
(General Obligation Debt) Last Revised: 10/20/2016
2302
,f-
Guadalupe, Comal, Bexar Counties Page 11 of 13
Covered Employee Payroll $15,389,154
Net Pension Liability as a %
of Covered Payroll 89.78
Membership data for the pension plans are as follows:
Inactive employees or beneficiaries
currently receiving benefits 67
Inactive employees entitled to but
not yet receiving benefits 133
Active employees 302
Total 502
Source: City of Schertz CAFR 9 -30 -2015.
POST EMPLOYMENT HEALTH BENEFITS: GASB STATEMENT 45 GARB released the Statement
of Governmental Accounting Standards No. 45 (GARB 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.
Fiscal Year Annual OPEB Cost % of Annual OPEB Net OPEB
Year Costs Contributed Cost Contributed Obligation
2013 $77,014 $13,248 17% $299,038
2014 79,512 13,645 17% 364,905
2015 79.728 15.485 19% 63,766
As of December 31, 2014, the most recent actuarial valuation date, the actuarial
accrued liability for benefits was $493,114, and the actuarial value of assets
was $0, resulting in an unfunded actuarial accrued liability of $493,114 . The
covered payroll was $14,365,845 and the ratio of the UAAL to the covered
payroll was 3.4 %.
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 (SORE). 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." The City's contributions to
the TMRS SDBF for the years ended 2015, 2014, and 2013, were $21,681, $20,815,
and $21,151, respectively, which equaled the required contributions each year.
Source: Source: City of Schertz CAER 9 -30 -2015.
NON FUNDED DEBT
NON- FUNDED DEBT PAYABLE (As of September 30, 2015)
The City reports additional debt in the principal amount of $2,171,095 under
Emergency Medical Services and $1,024,001 under Govt Activities as follows:
Amount Next Year's Reported
Outstanding Requirements Under
Compensated Absences $125,035 N/A EMS Fund
OPEB* $62,053 N/A EMS Fund
Pension Liability $1,984,007 N/A EMS Fund
Compensated Absences $932,506 N/A Govt Activities
Capital Lease $91,495 $36,230 Govt Activities
* See PENSION FUND LIABILITY section for details of this obligation.
ESTIMATED OVERLAPPING DEBT STATEMENT
Taxing Body Debt Amount As Of %Ovlpg Ovlpg Amt
Alamo CCD
$405,723,444
02/29/16
0.19
$770,875
Bexar Co
1,351,262,228
09/30/15
0.19
2,567,398
Bexar Cc Fiosp Dist
664,198,424
03/31/16
0.19
1,261,977
Coma] Co
43,030.875
12/31/15
4.75
2,043,967
Comal ISO
596,231,727
08/01/15
6.17
36,787,498
Guadalupe Co
9,000,000 *
09/30/16
21.31
1,917,900
Schertz - Cibolo- Universal
312,981,031
08/31/15
50.56
158,243,209
Total Overlapping Debt: $203,592,823
Schertz, City of 09/30/15 $62,423,319
Total Direct and Overlapping Debt: $266,016,142
Total Direct and Overlapping Debt % of A.V.: 7.08%
Total Direct and Overlapping Debt per Capita: $7,025
* Gross Debt
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. The County is
located in south central Texas.
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, tourism and agribusiness.
Agricultural: row crops, nursery crops, hay and cattle.
OIL AND GAS - 2015
The oil production for this county accounts for 0.08% of the total state
production. The county ranks 89 out of all the counties in Texas for oil
production.
OIL PRODUCTION (Texas Railroad Commission)
Year Description Volume % Change From Previous Year
2012 Oil 994,226 BBL 0.57
2013 Oil 967,534 BBL -2.68
2014 Oil 896,850 BBL -7.31
2015 Oil 741,580 BBL -17.31
CASINGHEAD (Texas Railroad Commission)
Year Description Volume % Change From Previous Year
2012 Casinghead 51,255 MCF -30.38
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Schertz, City Texas Municipal Reports
'IF I
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2302
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Guadalupe, Comal, Bexar Counties Page 12 of 13
2013 Casinghead 30,277 MCF
-40.93
Commercial Truck Leasing
2014 Casinghead 43,544 MCF
4182
4. AL95 Creekside Town Center LP
72,868,540 2.15%
2015 Casinghead 35,184 MCF
-19.20
Retail Center
5. US Real Estate LP
58,192,474 1.71%
RETAIL SALES & EFFECTIVE BUYING INCOME
(The Nielsen Company)
Retail Center
Year
2014 2013
2012
6. Western Rim Investors 2011 2 LP
33,904,150 1.00%
Retail Sales
$2.2B $1.5B
$1.4B
Retail Center
Effective Buying Income (EBI)
$3.3B $3.OB
$2.7B
7. Villas at Sundance I LLC
26,977,530 0.79%
County Median Household Income
$54,803 $51,246
$46,505
Apartments
State Median Household Income
$50,464 $48,646
$47,613
8. San Antonio MTA LP
24,394,783 0.72%
% of Households with EBI below $25K
8.5 % 9.6 %
11.3 %
Mass Transit
% of Households with EBI above $25K
71.2 % 73.6 %
70.6 %
9. Augusta Gruene Apartments LP
21,918,970 0.65%
Apartments
EMPLOYMENT DATA (Texas Workforce Commission)
10. Resolute Health /Family Urgent Care
20,653.050 0.61%
2016 2015
2014
Health Care
Employed Earnings Employed
Earnings Employed
Earnings
---- - - - - -- - - - - --
Isis Q: 37,226 $364.6M 33,204
$328.8M 32,404
$313.2M
Total:
$541,960,706 15.97%
2nd Q: N/A N/A 33,980
$334.6M 33,259
$318.2M
3rd Q: N/A N/A 34,291
$345.5M 32,677
$322.5M
FINANCE CONNECTED OFFICIALS
4th Q: N/A N/A 35,026
$378.OM 33,740
$355.61,`l
MAJOR COLLEGES AND UNIVERSITIES: Texas
Lutheran University
Mayor
Michael Carpenter
COLLEGES AND UNIVERSITIES
1400 Schertz Parkway
Year Total Fall Enrollment
Schertz, TX 78154
2015 1 1,373
Phone: 210- 619 -1040 Ext: 1132
2014 1 1,319
Fax 210- 619 -1139
2013 1 1,338
mcarpenter @schertz.com
2012 1 1,317
2011 1 1,415
City Manager
2010 1 1,340
John C. Kessel
2009 1 1,387
1400 Schertz Parkway
2008 1 1,432
Schertz, TX 78154
Phone: 210- 619 -1000 Ext: 1112
TOP 10 EMPLOYERS
Fax: 210- 619 1139
jkessel @schertz.com
Major Employers(a)
# Employees
City Secretary
Schert /Cibolo /UC ISD
1,810
Brenda Dennis
Education
1400 Schertz Parkway
Amazon.com
1,073
Schertz, TX 78154
Online Retail
Phone: 210 -619 -1030 Ext: 1131
Sysco Central Texas
837
Fax: 21.0- 619 -11.39
Food Distributor
bdennis @schertz.com
GE Oil Gas
600
Oil & Gas
Director of Finance
Brandt Engineering
437
Juan F. Santoya Jr.
Engineering
1400 Schertz Parkway
HVHC
400
Schertz, TX 78154
Supply % Distrubution Service
Phone: 210- 619 -1140
Republic Beverage Company
382
Fax: 210 -619 -1149
Beverage Services
jsantoya @schertz.com
HER Grocery Co.
350
Retail
Assistant Director of Finance
City of Schertz
341
James Walters
Government
1400 Schertz Parkway
Wal -Mart Stores
323
Schertz, TX 781,54
Retail
Phone: 210 -619 -1140
Fax: 210 -619 -1149
jwalters @schertz.com
(a) Source: City of Schertz CAFR dated
September 30, 2015.
Tax Assessor /Collector
TOPIOTAXPAYERS
Tavie Murphy RTA
Guadalupe County Tax Office
Principal Taxpayers
2015 A.V.
% of A.V.
307 W Court St.
Suite 205
1. Central Texas Corridor Hospital Co.
LLC $126,908,263
3.74%
Seguin, TX 78155
Health Care
Phone: 830 - 303 -3421
2. Amazon.com.KYDC LLC
82,416,686
2.43%
Fax 830- 372 -9940
Distribution Center
tavie@co.guadalupe.tx.us
3. Rush Truck Leasing
73,726,260
2.17%
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(General Obligation Debt) Last Revised: 10/20/2016
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Guadalupe, Cornal, Bexar Counties Page 13 of 13
Chief Appraiser
Jamie Osborne
Guadalupe Appraisal District
3000 N Austin St.
Seguin, TX 78155
Phone: 830-303-3313
Fax: 830-372-2874
josborne@guadalupead.org
Chief Appraiser
Curtis Koehler
Comal County Appraisal District
900 S. Seguin Ave.
New Braunfels, TX 78131
Phone: 830-625-8597
Fax- 830-625-8598
comalad@co.comal.tx.us
Chief Appraiser
Michael Amezquita
Bexar County Appraisal District
411 N. Frio
San Antonio, To 78207
Phone- 210-242-2406
Fax: 210-242-2451
esca@bcad.org
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FOR OTHER BONDS FOR THIS ISSUER, SEE SEPARATE MUNICIPAL REPORTS
FINANCIAL STATEMENT (As of September 30, 2015)(a)
Special Obligation Debt
Senior Lien
Junior Lien
Special Fund Balances
I &S
Repair & Replacement
Reserve
$54,065,000
$91,095,000
$145.160,000
$818,083
$500,000
$1,282,806(b)
(a) Includes $43,670,000 Contract Revenue Bond, New Series 2016 dated August 1,
2016 and $22,830,000 of the SWIFT Bond Participation Loan Series 2016 bonds
dated November 16, 2016.
(b) Cash balance. Excludes surety bonds for Series 2001, 2005, and 2007.
MATERIAL INFORMATION:
RATING UPGRADE (As of November 25, 2014) Standard & Poor's Rating Services has
raised its long -term and underlying rating to 'A +' from 'A' for the Issuer. The
higher ratings reflect the stable service areas that participate in the San
Antonio metropolitan area, stabilizing income levels, employment opportunities,
and historically strong financial risk for both member cities. Outlook is
stable.
Details of Senior Lien Debt (Outstanding 913012015)
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
Ist 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
02/01/20357 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
02/01/2035
$2.215.000
Refunded Notes: Maturities refunded by Contract Revenue & Ref Bus Ser 2007
Refunded Amount Mat Date Coupon Price Sched Call
290,000.00 0210112012 4.500 Par 0210112011
305,000.00 02/01/2013 4.625 Par 02/01/2011
310,000.00 02/01/2014 4.700 Par 02/01/2011
325,000.00 02/01/2015 4.800 Par 02/01/2011
340,000.00 02/01/2016 5.000 Par 02/01/2011
350.000.00 02/01/2017 5.000 Par 02/01/2011
375,000.00 02/01/2018 5.000 Par 02/01/2011
390,000.00 02/01/2019 5.125 Par 02/01/2011
410,000.00 02/01/2020 5.125 Par 02/01/2011
10,000,000.00 02/01/2030 5.375 Par 02/01/2011
4,765,000.00 02/01/2037 5.250 Par 02/01/2011
11,185,000.00 02/01/2041 5.250 Par 02/01/2011
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:
02/01/2011
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: BBC Capital Markets
Insurance: Assured Guaranty Municipal Corp. (FSA)
Use of Proceeds: Utility.
Orig Reoffering
Maturity Amount Coupon Price /Yield
0210112016 475,000.00 3.0000% 2.750%
0210112017 485,000.00 3.0000% 3.050%
02/01/2018 505,000.00 15000% 1250%
02/01/2019 520,000.00 3.5000% 3.450%
0210112020 540,000.00 3.5000% 3.650%
0210112021 560,000.00 4.0000% 3.850%
0210112022 585,000.00 4.0000% 3.950%
0210112023 610.000.00 4.0000% 100.00%
0210112024 630,000.00 4.0000% 4.100%
02/01/2025 660,000.00 4.0000% 4.180%
0210112026 685,000.00 4.1250% 4.250%
0210112027 715,000.00 4.2500% 4.320%
02/01/2028 745,000.00 4.2500% 4.390%
02/01/2029 780,000.00 4.2500% 4.480%
0210112030 815,000.00 4.5000% 4.570%
02/01/2031 850,000.00 4.5000% 4.650%
0210112032 890,000.00 4.5000% 4.710%
02/01/20357 2,925,000.00 4.6250% 4.810%
02/01/20387 3,370,000.00 4.7500% 4.860%
02/01/2041T 3,890,000.00 4.7500% 4.890%
Schertz/Seguin Local Government Corp Texas Municipal Reports
p I ➢, ( chertz & Seguin, Cities of, Project) Last Revised: 3/29/2017
o q TMR # 1764
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Guadalupe County Page 2 of 6
$21,235,000.00
Call Option: Bonds maturing on 0210112020 to 02/01/2032 and term bonds maturing
on 02/01/2035 and 02/01/2038 and 0210112041 callable in whole or in part on any
date beginning 02/01/2019 @ par.
Term Call: Term bonds maturing on 0210112035:
Mandatory Redemption Date Principal Amount
02/01/2033 $930,000
02/01/2034 $975,000
02/01/2035 $1,020,000
Term bonds maturing on 02/01/2038:
Mandatory Redemption Date Principal Amount
02/01/2036 $1,070,000
0210112037 $1,125,000
02/01/2038 $1,175,000
Term bonds maturing on 0210112041:
Mandatory Redemption Date Principal Amount
02/01/2039 $1,235.000
0210112040 $1,295,000
02/01/2041 $1.360.000
SWIFT Funding BP Loan Ser 2016
Lien: Senior
Tax Treatment: Tax Exempt
Original Issue Amount $22,830,000.00
Dated Date:
11/16/2016
Sale Date:
08/30/2016
Delivery Date:
11/16/2016
Sale Type:
Private Placement
Record Date:
N/A
Bond Form:
N/A
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
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 2014
Lien: Junior
Tax Treatment: Bank Qualified
Original Issue Amount $6,275,000.00
Dated Date:
09/01/2014
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 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 Soled 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 02/01/2018 4.000 Par 1012112014
560,000.00 02/01/2019 4.000 Par 1012112014
585,000.00 0210112020 4.100 Par 1012112014
610,000.00 0210112021 4.150 Par 1012112014
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 02/01/2025 4.375 Par 1012112014
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:
Orig Reoffering
Maturity
Amount
Sale Type:
Coupon
Price /Yield
02/01/2016
505,000.00
BE
2.0000%
0.650%
0210112017
520,000.00
2.0000%
0.900%
02/01/2018
530,000.00
2.0000%
1.200%
02/01/2019
540,000.00
2.0000%
1.600%
0210112020
555,000.00
3.0000%
1.850%
0210112021
570,000.00
3.0000%
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
15000%
2900%
$5.705.000.00
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:
12/02/2014
Delivery Date:
01/13/201.5
Sale Type:
Negotiated
Record Date:
MSRB
Bond Form:
BE
Denomination
$5.000
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Schertz/Seguin Local Government Corp Texas Municipal Reports
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TMR # 1764
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Guadalupe County Page 3 of 6
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
Use of Proceeds: Refunding.
Refunding Notes: This bond refunded maturities from the following issues
Contract Revenue & Ref Bds Ser 2007
Refunded Amount
575,000.00
590,000.00
620.000.00
640,000.00
670,000.00
685,000.00
720,000.00
750,000.00
785,000.00
820.000.00
1,660,000.00
7,405,000.00
4,275,000.00
15.370.000.00
Mat Date Coupon
02/01/2016 4.000
02/01/2017 4.000
02/01/2018 4.000
02/01/2019 4.000
0210112020 4.125
02/01/2021 4.250
02/01/2022 4.250
0210112023 4.250
02/01/2024 4.250
02/01/2025 4.250
02/01/2026 4.250
02/01/2030 4.500
02/01/2036 4.500
02/01/2041 4.500
Price Sched Call
Par 02/01/2015
Par 02/01/2015
Par 02/01/2015
Par 02/01/2015
Par 0210112015
Par 02/01/2015
Par 02/01/2015
Par 02/01/2015
Par 02/01/2015
Par 02/01/2015
Par 02/01/2015
Par 0210112015
Par 02/01/2015
Par 02/01/2015
Orig Reoffering
Maturity Amount Coupon Price /Yield
02/01/2016 695,000.00
0210112017 700,000.00
02/01/2018 730,000.00
02/01/2019 745,000.00
0210112020 775,000.00
0210112021 785,000.00
0210112022 825,000.00
02/01/2023 860,000.00
02/01/2024 900,000.00
02/01/2025 945,000.00
02/01/2026 1,805,000.00
0210112027 1,885,000.00
02/01/2028 1,990,000.00
02/01/2029 2,090,000.00
02/01/2030 2,190,000.00
02/01/2033T 1,650,000.00
02/01/2041T 20,950,000.00
02/01/2044T 1,200,000.00
2.0000% 0.480%
3.0000% 0.810%
3.0000% 1.130%
3.0000% 1.450%
3.0000% 1.760%
4.0000% 2.060%
4.0000% 2.330%
4.0000% 2.560%
5.0000% 2.740%
5.0000% 2.850%
5.0000% 2.930%
5.0000% 3.030%
5.0000% 3.120%
5.0000% 3.180%
5.0000% 3.260%
5.0000% 3.390%
4.0000% 4.062°
4.0000% 4.066%
$41.720.000.00
Call Option: Bonds maturing on 02/01/2024 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 0210112023 @ par.
Term Call: Term bonds maturing on 02/01/2033:
Mandatory Redemption Date Principal Amount
0210112031 $520,000
0210112032 $550,000
02/01/2033 $580.000
Term bonds maturing on 0210112041:
Mandatory Redemption Date Principal Amount
02/01/2034 $610.000
02/01/2035 $630,000
02/01/2036
$2,960,000
02/01/2037
$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 02/01/2044:
Mandatory Redemption Date Principal Amount
0210112042 $385,000
02/01/2043 $400,000
0210112044 $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:
10/20/2016
Delivery Date:
11/16/2016
Sale Type:
Private Placement
Record Date:
MSRB
Bond Form:
BF
Denomination
$5,000
Interest pays
Semi - Annually: 02101, 08/01
1st Coupon Date:
08/01/2017
Paying Agent: Regions Bank, Houston, TX
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
., t
0.9300%
N/A
0810112022
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
1J300%
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
11100%
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
$43,670,000.00
Call Option: Bonds maturing on 08/01/2028 to 08/01/2046 callable in whole or in
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part inversely on any date beginning 0810112027 @ par. The Bonds are also
subject to Special Mandatory redemption as specified in the authorizing
resolution.
Grand Total _ ______________> $145,160,000.00
Bond Debt Service
Period Ending Principal Interest Debt Service
09/30/16 1,675,000.00 3.344,437.50 5,019,437.50
09/30/17 1,705,000.00 4,598,209.25 6,303,209.25
09/30/18 1,790,000.00 5,083,741.00 6,873,741.00
09/30/19 3,040,000.00 5,032,813.50 8,072,813.50
09/30/20 3,110,000.00 4,968,105.50 8,078,105.50
09/30/21 3,165,000.00 4,892,591.50 8,057,591.50
09/30/22 3,260,000.00 4,808,466.50 8,068,466.50
09/30/23 3,350,000.00 4,718,489.50 8,068,489.50
09/30/24 3,445,000.00 4,618,065.50 8,063,065.50
09/30/25 3,560,000.00 4,507,847.50 8,067,847.50
09/30/26 3,805,000.00 4,383,146.88 8,188,146.88
09/30/27 3,935,000.00 4,243,033.50 8,178,033.50
09/30/28 4,085,000.00 4,093,640.00 8,178,640.00
09/30/29 4,245,000.00 3,935,878.75 8,180,878.75
09/30/30 4,405,000.00 3,765,641.25 8,170,641.25
09/30/31 4,595,000.00 3,582,538.75 8,177,538.75
09/30/32 4,800,000.00 3,387,236.75 8,187,236.75
09/30/33 5,005,000.00 3,181,302.00 8,186,302.00
09/30/34 5,220,000.00 2,967,328.88 8,187,328.88
09/30/35 5,740,000.00 2,744,601.50 8,484,601.50
09/30/36 6,345,000.00 2,516,321.50 8,861,321.50
09/30/37 6,995,000.00 2,278,620.25 9,273,620.25
09/30/38 7,265,000.00 2,012,822.25 9,277,822.25
09/30/39 7,540,000.00 1,736,576.75 9,276,576.75
09/30/40 7,830,000.00 1,449,507.25 9,279,507.25
09/30/41 8,125,000.00 1,151,022.00 9,276,022.00
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
145,160,000.00 98,377,874.50 243,537,874.50
COMPUTED ON BASIS OF MANDATORY REDEMPTION
Debt Amortization Rates
% of Principal
Period Ending Principal Retired
09/30/2016
1,675,000.00
24.69%
01.15%
09/30/2028
09/30/2017
1,705,000.00
02.33%
4,245,000.00
09/30/2018
1,790,000.00
09/30/2030
03.56%
33.46%
09/30/2019
3,040,000.00
4,595,000.00
05.66%
09/30/2020
3,110,000.00
39.94%
07.80%
09/30/2033
09/30/2021
3,165,000.00
09.98%
5,220,000.00
09/30/2022
3,260,000.00
09/30/2035
12.22%
50.93%
09/30/2023
3,350,000.00
6,345,000.00
14.53%
09/30/2024
3,445,000.00
60.12%
16.91%
09/30/2038
09/30/2025
3,560,000.00
19.36%
7,540,000.00
09/30/2026
3,805,000.00
09/30/2040
21.98%
75.72%
09/30/2027
3,935,000.00
24.69%
09/30/2028
4,085,000.00
27.50%
09/30/2029
4,245,000.00
30.43%
09/30/2030
4,405,000.00
33.46%
09/30/2031
4,595,000.00
36.63%
09/30/2032
4,800,000.00
39.94%
09/30/2033
5,005,000.00
43.38%
09/30/2034
5,220,000.00
46.98%
09/30/2035
5,740,000.00
50.93%
09/30/2036
6,345,000.00
55.30%
09/30/2037
6,995,000.00
60.12%
09/30/2038
7,265,000.00
65.13%
09/30/2039
7,540,000.00
70.32%
09/30/2040
7,830,000.00
75.72%
09/30/2041
8,125,000.00
81.31%
09/30/2042
3,635,000.00
83.82%
09/30/2043
3,755,000.00
86.40%
09/30/2044
3,880,000.00
89.08%
09/30/2045
3,575,000.00
91.54%
09/30/2046
3,690,000.00
94.08%
09/30/2047
1,605,000.00
95.19%
09/30/2048
1,660,000.00
96.33%
09/30/2049
1,715,000.00
97.51%
09/30/2050
1,775,000.00
98.74%
09/30/2051
1,835,000.00
100.00%
SECURITY The 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.
PLEDGE For the Series 2016 BP Loan the Corporation pledges and grants to the
Texas Water Development Board (TWDB) as security for the payments hereunder, a
lien and pledge on the Bond Payment portion of the Annual Payments from the
Contract, in such amounts as may be necessary to purchase the FWDB's undivided
ownership interest in the Project when, and as required by this Agreement, the
Schedules incorporated herein require.
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 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.
PROJECT Proceeds from the sale of the Bonds will be used for the purpose of
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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 of 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.
SCHERTZ /SEGUIN LOCAL GOVERNMENT CORPORATION
of Assets (912,761) -0- -0- (489,955)
---- - - - - -- ---- - - - - -- ---- - - - - -- ---- - - - - --
Change in Net Assets $ 4,896,080 $ 3,594,644 $ (819,682) $ (373,528)
Capital Contributions
from SAWS $ -0- $ -0- $ -0- $ 555.245
Contributions Refunded
to SAWS $ -0- $ -0- $ -0- $ (757,900)
Beg. Balance 10 -1 $ 5,521,578 $ 1,926,934 $2,746,616 $ 4,772,834
Prior Period Adj $ -0- $ -0- $ -0- $(1,450.035)
End. Balance 9 -30 $10,417,658 $ 5,521,578 $1,926,934 $ 2,746,616
NON FUNDED DEBT
NON- FUNDED DEBT PAYABLE (As of September 30, 2015) None.
ECONOMIC BACKGROUND
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. The County is
located in south central Texas.
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, tourism and agribusiness.
Agricultural: row crops, nursery crops, hay and cattle.
OIL AND GAS - 2015
The oil production for this county accounts for 0.08% of the total state
production. The county ranks 89 out of all the counties in Texas for oil
production.
OIL PRODUCTION (Texas Railroad Commission)
Year Description Volume % Change From Previous Year
2013 Oil 967,534 BBL -2.68
2014 Oil 896,850 BBL -7.31
2015 Oil 741,580 BBL -17.31
CASINGHEAD (Texas Railroad Commission)
Year Description Volume % Change From Previous Year
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Year Ended
09 -30 -2015
09 -30 -2014
09 -30 -2013
09 -30 -2012
Revenues:
Water Revenue
$16,278,709
$13,790,208
$9,107,237
$9,265,407
Impact Fees
910,030
449,997
417,297
515,522
Reservation Fees
0
269,000
538,000
538,000
Lease Revenue
129,600
93,369
126,444
133,466
Other
158,800
124,447
103,876
83,871
Total Revenues
-- - - - - --
$17,477,139
-- - - - - --
$14,727,021
-- - - - - --
$10,292,854
-- - - - - --
$10,536,266
Expenses:
Lease Payments
$2,234,066
$2,467,171
$2,473,882
$2,221,928
Depreciation
1, 962,622
1,547,003
1,506,043
1,31.2,738
Amortization Expense
85,399
85,399
85,399
85,399
Other
4,735,359
3,256,985
2,225,818
2,634,245
Total Expenses
-- - - - - --
$9,017,446
-- - - - - --
$7,356,558
-- - - - - --
$6,291,142
-- - - - - --
$6,254,310
Operating Income(Loss)
$8,459,693
$7,370,463
$4,001,712
$4,281,956
Nonoperating Income
(Expense)
Interest Income
$ 17,595
$ 14,551
$ 51,441
$ 51,702
Contribution from Cities
of Schertz & Seguin
-0-
(269,000)
(538,000)
(538,000)
Interest Expense
(2,668,447)
(3,521,370)
(4,334,835)
(3,679,231)
Gain (Loss) on Disposal
of Assets (912,761) -0- -0- (489,955)
---- - - - - -- ---- - - - - -- ---- - - - - -- ---- - - - - --
Change in Net Assets $ 4,896,080 $ 3,594,644 $ (819,682) $ (373,528)
Capital Contributions
from SAWS $ -0- $ -0- $ -0- $ 555.245
Contributions Refunded
to SAWS $ -0- $ -0- $ -0- $ (757,900)
Beg. Balance 10 -1 $ 5,521,578 $ 1,926,934 $2,746,616 $ 4,772,834
Prior Period Adj $ -0- $ -0- $ -0- $(1,450.035)
End. Balance 9 -30 $10,417,658 $ 5,521,578 $1,926,934 $ 2,746,616
NON FUNDED DEBT
NON- FUNDED DEBT PAYABLE (As of September 30, 2015) None.
ECONOMIC BACKGROUND
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. The County is
located in south central Texas.
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, tourism and agribusiness.
Agricultural: row crops, nursery crops, hay and cattle.
OIL AND GAS - 2015
The oil production for this county accounts for 0.08% of the total state
production. The county ranks 89 out of all the counties in Texas for oil
production.
OIL PRODUCTION (Texas Railroad Commission)
Year Description Volume % Change From Previous Year
2013 Oil 967,534 BBL -2.68
2014 Oil 896,850 BBL -7.31
2015 Oil 741,580 BBL -17.31
CASINGHEAD (Texas Railroad Commission)
Year Description Volume % Change From Previous Year
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2013 Casinghead 30,277 MCF -40.93
2014 Casinghead 43,544 MCF 4182
2015 Casinghead 35,184 MCF -19.20
RETAIL SALES & EFFECTIVE BUYING INCOME (The N
Year 2015
Retail Sales $1.5B
Effective Buying Income (EBI) $3.5B
County Median Household Income $58,134
State Median Household Income $53,037
% of Households with EBI below $25K 8.0 %
% of Households with EBI above $25K 70.5 %
elsen Company)
2014 2013
$2,28 $1.5B
$3.3B $3.OB
$54,803 $51,246
$50,464 $48,646
8.5 % 9.6 %
71.2 % 73.6 %
EMPLOYMENT DATA (Texas Workforce Commission)
2016 2015 2014
Employed Earnings Employed Earnings Employed Earnings
1st Q: 37,487 $366.6M 33,204 $328.8M 32,404 $313.2M
2nd Q: 38,455 $383.OM 33,980 $334.6M 33,259 $318.2M
3rd Q: N/A N/A 34,291 $345.5M 32,677 $322.5M
4th Q: N/A N/A 35,026 $378.OM 33,740 $355.6M
MAJOR COLLEGES AND UNIVERSITIES: Texas Lutheran University
COLLEGES AND UNIVERSITIES
Year Total Fall Enrollment
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
• I1 •
President. Board of Directors
Robin V. Dwyer
Schertz - Seguin Local Government Corporation
P.O. Box 833
Seguin, TX 78156
Phone: 830 -401 -2409
Fax: 830- 401 -2320
General Manager
R. Alan Cockerell
Schertz- Seguin Local Government Corporation
P. 0 Box 833
Seguin, TX 78156 -0833
Phone: 830 - 401 -2320
Fax: 830 -401 -2481
acockerell @seguintexas.gov
Assistant General Manager
Amber Briggs -Beard
Schertz /Seguin Local Government Corporation
P.O. Box 833
Seguin, TX 78156
Phone: 830 -401 -2409
Fax: 830 -401 -2320
Office Administrator
Angela Kleinschmidt
Schertz /Seguin Local Government Corporation
P.O. Box 833
Seguin, TX 78156
Phone: 830 -401 -2409
Fax: 830 -401 -2320
City Manager
John C. Kessel
1400 Schertz Parkway
Schertz, TX 78154
Phone: 210 -619 -1000 Ext: 1112
Fax: 210 - 619 -1139
jkessel @schertz com
City Manager
Douglas Faseler
205 N River Street
Seguin, TX 78155 -0591
Phone: 830 - 401 -2302
Fax: 830 -401 -2499
dfaseler @seguintexas.gov
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FINANCIAL STATEMENT
FOR OTHER BONDS FOR THIS ISSUER, SEE SEPARATE MUNICIPAL REPORTS
FINANCIAL STATEMENT (As of September 30, 2015)
Special Obligation Debt
Senior Lien $24,850,000
PAYMENT RECORD: Never defaulted.
DETAILS OF OUTSTANDING DEBT
Details of Senior Lien Debt (Outstanding 9/30/2015)
Contract Rev Bds Ser 2012 (San Antonio Water System Expansion Water
Treatment Project 2)
Lien: Senior
Original Issuer: Schertz /Seguin Local Government Corp (San Antonio. City of
Project)
Tax Treatment: Tax Exempt
Original Issue Amount $25,425,000.00
Dated Date: 0610112012
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: 02/01/2013
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
02/01/2016 590,000.00
0210112017 600,000.00
02/01/2018 620,000.00
02/01/2019 645,000.00
0210112020 670,000.00
0210112021 700,000.00
0210712022 725,000.00
02/01/2023 755,000.00
0210112024 785,000.00
0210112025 815,000.00
0210112026 840,000.00
0210112027 865,000.00
02/01/2032T 4,825,000.00
02/01/2041T 11,41.5,000.00
2.0000% 0.900%
2.0000% 1.140r
4.0000% 1.450%
4.0000% 1.750%
4.0000% 2.050%
4.0000% 2.300%
4.0000% 2.490%
4.0000% 2.710%
4.0000% 2.910r
3.0000% 3.140°
3.0000% 3.230%
3.1250% 3.320%
3.6250% 3.850%
4.0000% 4.090%
$24.850.000.00
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
02/01/2028 $895,000
02/01/2029 $930,000
02/01/2030 $965.000
02/01/2031
02/01/2032
$1,000.000
$1,035.000
Term bonds maturing on
02/01/2041:
Mandatory Redemption
Date Principal Amount
02/01/2033
$1,075,000
0210112034
$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 _ ______________> $24,850,000.00
Bond Debt Service
Period Ending Principal Interest Debt Service
09/30/16
590,000.00
02.37%
922,087.50
09/30/2017
1,512,087.50
09/30/17
600,000.00
09/30/2018
910,187.50
07.28%
1,510,187.50
09/30/18
620,000.00
09.88%
891,787.50
09/30/2020
1,511,787.50
09/30/19
645,000.00
09/30/2021
866,487.50
15.39%
1,511,487.50
09/30/20
670,000.00
18.31%
840,187.50
09/30/2023
1,510,187.50
09/30/21
700,000.00
09/30/2024
812,787.50
24.51%
1,512,787.50
09/30/22
725,000.00
27.79%
784,287.50
1,509,287.50
09/30/23
755,000.00
754,687.50
1,509,687.50
09/30/24
785,000.00
723,887.50
1,508,887.50
09/30/25
815,000.00
695,962.50
1,510,962.50
09/30/26
840,000.00
671,137.50
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
435,100.00
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
24.850.000.00
14.427.762.50
39,277.762.50
COMPUTED ON BASIS OF MANDATORY REDEMPTION
Debt Amortization Rates
% of Principal
Period Ending Principal Retired
09/30/2016
590,000.00
02.37%
09/30/2017
600,000.00
04.79%
09/30/2018
620,000.00
07.28%
09/30/2019
645,000.00
09.88%
09/30/2020
670,000.00
12.58%
09/30/2021
700,000.00
15.39%
09/30/2022
725,000.00
18.31%
09/30/2023
755,000.00
21.35%
09/30/2024
785,000.00
24.51%
09/30/2025
815,000.00
27.79%
J �.. olf .i. ., . . . .. .. . F .t . ,.
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,; Schertz/Seguin i t Government Corp Texas Municipal Reports
Fe �
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TIVIR # 2854
,f-
Guadalupe County Page 2 of 3
09/30/2026
840,000.00
31.17%
09/30/2027
865,000.00
$13.790,208
34.65%
$9,265,407
09/30/2028
895,000.00
449,997
38.25%
515,522
09/30/2029
930,000.00
269,000
41.99%
538,000
09/30/2030
965,000.00
93,369
45.88%
133,466
09/30/2031
1,000,000.00
124,447
49.90%
83,871
09/30/2032
1,035,000.00
54.06%
09/30/2033
1,075,000.00
58.39%
09/30/2034
1,120,000.00
62.90%
09/30/2035
1,165,000.00
67.59%
09/30/2036
1,210,000.00
72.45%
09/30/2037
1,260,000.00
77.53%
09/30/2038
1,315,000.00
82.82%
09/30/2039
1,365,000.00
88.31%
09/30/2040
1,425,000.00
94.04%
09/30/2041
1,480,000.00
100.00%
I» A d I Z I :I Z k 2:2 a*116K01H.1
SECURITY The 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 (1) 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
Fiscal Year Ended
09 -30 -2015 09 -30 -2014 09 -30 -2013 09 -30 -2012
Revenues:
Water Revenue
$16,278,709
$13.790,208
$9,107,237
$9,265,407
Impact Fees
910,030
449,997
417,297
515,522
Reservation Fees
0
269,000
538,000
538,000
Lease Revenue
129,600
93,369
126,444
133,466
Other
158,800
124,447
103,876
83,871
Total Revenues $17,477,139 $14,727,021 $10,292,854 $10,536,266
Expenses:
Lease Payments
$2,234,066
$2,467,171
$2,473,882
$2,221,928
Depreciation
1,962,622
1,547,003
1,506,043
1,312,738
Amortization Expense
85,399
85,399
85,399
85,399
Other
4,735,359
3,256,985
2,225,818
2,634,245
Total Expenses $9,017,446 $7,356,558 $6,291,142 $6,254,310
Operating Income(Loss) $8,459,693 $7,370,463 $4,001,712 $4,281,956
Nonoperating Income
(Expense)
Interest Income $ 17,595
Contribution from Cities
of Schertz & Seguin -0-
Interest Expense (2,668,447)
Gain (Loss) on Disposal
of Assets (912,761)
Amortization of Bond
$ 14,551 $ 51,441 $ 51,702
(269,000) (538,000) (538,000)
(3,521,370) (4,334,835) (3,679,231)
-0- -0- (489.955)
Change in Net Assets $ 4,896,080 $ 3,594,644 $ (819,682) $ (373,528)
Capital Contributions
from SAWS $ -0- $ -0- $ -0- $ 555,245
Contributions Refunded
to SAWS $ -0- $ -0- $ -0- $ (757,900)
Beg. Balance 10 -1 $ 5,521,578 $ 1,926,934 $2,746,616 $ 4,772,834
Prior Period Adj $ -0- $ -0- $ -0- $(1,450,035)
End. Balance 9 -30 $10,417,658 $ 5,521,578 $1,926,934 $ 2,746,616
NON FUNDED DEBT
NON- FUNDED DEBT PAYABLE (As of September 30, 2015) None,
ECONOMIC BACKGROUND
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. The County is
located in south central Texas.
,; z/ i t Government Corp Texas Municipal Reports
Fe �
p I ➢, (San Antonia Water System Expansion) Last Revised: 3/29/2017
o
TMR # 2854
,f-
Guadalupe County Page 3 of 3
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, tourism and agribusiness.
Agricultural: row crops, nursery crops, hay and cattle.
OIL AND GAS - 2015
The oil production for this county accounts for 0.08% of the total state
production. The county ranks 89 out of all the counties in Texas for oil
production.
OIL PRODUCTION (Texas Railroad Commission)
Year Description Volume % Change From Previous Year
2013 Oil 967,534 BBL -2.68
2014 Oil 896,850 BBL -7.31
2015 Oil 741.580 BBL -17.31
CASINGHEAD (Texas Railroad Commission)
Year Description Volume % Change From Previous Year
2013 Casinghead 30,277 MCF -40.93
2014 Casinghead 43,544 MCF 43.82
2015 Casinghead 35.184 MCF -19.20
RETAIL SALES & EFFECTIVE BUYING INCOME (The N
Year 2015
Retail Sales $1.5B
Effective Buying Income (EBI) $3.5B
County Median Household Income $58,134
State Median Household Income $53,037
% of Households with EBI below $25K 8.0 %
% of Households with EBI above $25K 70.5 %
elsen Company)
2014 2013
$2.2B $1.5B
$3.3B $3.OB
$54,803 $51,246
$50.464 $48,646
8.5 % 9.6 %
71.2 % 73.6 %
EMPLOYMENT DATA (Texas Workforce Commission)
2016 2015 2014
Employed Earnings Employed Earnings Employed Earnings
1st Q: 37,487 $366.6M 33,204 $328.8M 32.404 $313.211
2nd Q: 38,455 $383.OM 33,980 $334.6M 33,259 $318.2M
3rd Q: N/A N/A 34,291 $345.511 32,677 $322.5M
4th Q: N/A N/A 35,026 $378.011 33,740 $355.611
MAJOR COLLEGES AND UNIVERSITIES: Texas Lutheran University
COLLEGES AND UNIVERSITIES
Year Total Fall Enrollment
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
President, Board of Directors
Robin V. Dwyer
Schertz- Seguin Local Government Corporation
P.O. Box 833
Seguin, TX 78156
Phone: 830 -401-2409
Fax: 830 - 401 -2320
General Manager
R. Alan Cockerell
Schertz- Seguin Local Government Corporation
P. 0 Box 833
Seguin, TX 78156 -0833
Phone: 830 - 401 -2320
Fax 830 - 401 -2481
acockerell @seguintexas.gov
Assistant General Manager
Amber Briggs -Beard
Schertz /Seguin Local Government Corporation
P.O. Box 833
Seguin, TX 78156
Phone: 830 -401 -2409
Fax: 830 -401 -2320
Office Administrator
Angela Kleinschmidt
Schertz /Seguin Local
P.O. Box 833
Seguin, TX 78156
Phone: 830 - 401 -2409
Fax: 830 -401 -2320
Government Corporation
City Manager
John C. Kessel
1400 Schertz Parkway
Cohorts, TX 78154
Phone: 210 -619 -1000 Ext: 1112
Fax: 210 -619 -1139
jkessel @schertz.com
City Manager
Douglas Faseler
205 N River Street
Seguin, TX 78155 -0591
Phone: 830 - 401 -2302
Fax: 830 - 401 -2499
dfaseler @seguintexas.gov
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,; Cibolo Creek Municipal ut Texas Municipal Reports
_' a O
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p (Southern Wastewater Treatment Plant Project) Last Revised: 7/26/2016
TR # 6774
Bexar, Comal, Guadalupe Counties Page 1 of 3
FINANCIAL STATEMENT
Mandatory
Redemption Date
Principal Amount
09/01/2027
$195,000
FOR OTHER BONDS FOR THIS ISSUER, SEE SEPARATE MUNICIPAL REPORTS
09/01/2028
$200,000
FINANCIAL STATEMENT (As of September 30, 2015)
Term bonds maturing
on 09/01/2030:
Mandatory
Redemption Date
Principal
Amount
Special Obligation Debt
09/01/2029
$210,000
Senior Lien $6,875,000
09/01/2030
$220,000
PAYMENT RECORD: Cibolo Creek Municipal Authority has never defaulted.
Term bonds maturing
on 09/01/2032:
Mandatory
Redemption Date
Principal
Amount
DETAILS OF OUTSTANDING DEBT
09/01/2031
$225,000
09/01/2032
$235,000
Details of Senior Lien Debt (Outstanding 9/30/2015)
Term bonds maturing
on 09/01/2034:
Mandatory
Redemption Date
Principal
Amount
Contract Rev Bds (Southern Wastewater Treatment Plant Proj) Ser 2014
09/01/2033
$245,000
Lien: Senior
09/01/2034
$255,000
Tax Treatment: Bank Qualified
Original Issue Amount $6,950,000.00
Term bonds maturing
on 09/01/2039:
Dated Date: 09/01/2014
Mandatory
Redemption Date
Principal
Amount
Sale Date: 09/11/2014
09/01/2035
$265,000
Delivery Date: 10/08/2014
09/01/2036
$280,000
Sale Type: Negotiated
09/01/2037
$295,000
Record Date: MSRB
09/01/2038
$305,000
Bond Form: BE
09/01/2039
$320,000
Denomination $5,000
Interest pays Semi- Annually: 09/01, 03/01
Term bonds maturing
on 09/01/2044:
1st Coupon Date: 03/01/2015
Mandatory
Redemption Date
Principal
Amount
09/01/2040
$340,000
Paying Agent: BOKF, N.A., Austin, TX
09/01/2041
$350,000
Bond Counsel: Fulbright & Jaworski LLP
09/01/2042
$365,000
Financial Advisor: Southwest Securities, San Antonio, TX
09/01/2043
$380,000
Lead Manager: Raymond James
09/01/2044
$395,000
Co- Manager: Frost Bank
Underwriter's Counsel: Andrews Kurth L.L.P.
Grand Total
_ ______________>
$6,875,000.00
Insurance: Assured Guaranty Municipal Corp. (FSA)
Use of Proceeds: Wastewater Treatment Plant.
Bond Debt Service
Orig Reoffering
Maturity Amount Coupon Price /Yield
Period Ending
Principal
Interest Debt Service
09/01/2016 145,000.00 2.0000% 0.600%
09/30/16
145,000.00
266,150.00
411,150.00
09/01/2017 150,000.00 2.0000% 0.900%
09/30/1.7
1.50,000.00
263,250.00
413,250.00
09/01/2018 150,000.00 2.0000% 1.200%
09/30/18
150,000.00
260,250.00
410,250.00
09/01/2019 155.000.00 2.0000% 1.550%
09/30/19
155,000.00
257,250.00
412,250.00
09/01/2020 160,000.00 2.0000% 1.800%
09/30/20
160,000.00
254,150.00
414,150.00
09/01/2021 160,000.00 2.0000% 100.00%
09/30/21
160,000.00
250,950.00
410,950.00
09/01/2022 165,000.00 3.0000% 2.300%
09/30/22
165,000.00
247,750.00
412,750.00
09/01/2023 170,000.00 3.0000% 2.550%
09/30/23
170,000.00
242,800.00
412,800.00
09/01/2024 175,000.00 3.0000% 2.700%
09/30/24
175,000.00
237,700.00
412,700.00
09/01/2026T 365,000.00 4.0000% 2.850%
09/30/25
180,000.00
232,450.00
412,450.00
09/01/2028T 395.000.00 4.0000% 3.050%
09/30/26
185,000.00
225,250.00
410,250.00
09/01/2030T 430,000.00 4.0000% 3.300%
09/30/27
195,000.00
217,850.00
412,850.00
09/01/2032T 460,000.00 4.0000% 3.450%
09/30/28
200,000.00
210,050.00
410,050.00
09/01/2034T 500,000.00 4.0000% 3.550%
09/30/29
210,000.00
202,050.00
412,050.00
09/01/2039T 1,465,000.00 5.0000% 3.560%
09/30/30
220,000.00
193,650.00
413,650.00
09/01/2044T 1,830,000.00 4.0000% 100.00%
09/30/31
225,000.00
184,850.00
409,850.00
$6,875,000.00
09/30/32
235,000.00
175,850.00
410.850.00
09/30/33
245.000.00
166,450.00
411,450.00
Call Option: Term bonds maturing on 09/01/2026 and 09/01/2028 and 09/01/2030 and
09/30/34
255,000.00
156,650.00
411,650.00
09/01/2032 and 09/01/2034 and 09/01/2039 and 09/01/2044 callable in whole or in
09/30/35
265,000.00
146,450.00
411,450.00
part on any date beginning 09/01/2024 @ par.
09/30/36
280,000.00
133,200.00
413,200.00
09/30/37
295,000.00
119,200.00
414,200.00
Term Call: Term bonds maturing on 09/01/2026:
09/30/38
305,000.00
104,450.00
409,450.00
Mandatory Redemption Date Principal Amount
09/30/39
320,000.00
89,200.00
409,200.00
09/01/2025 $180,000
09/30/40
340,000.00
73,200.00
413,200.00
09/01/2026 $185,000
09/30/41
350,000.00
59,600.00
409,600.00
09/30/42
365,000.00
45,600.00
410,600.00
Term bonds maturing on 09/01/2028:
09/30/43
380,000.00
31,000.00
411,000.00
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,; Cibolo Creek Municipal ut Texas Municipal Reports
_' a O
c
p l (Southern Wastewater Treatment Plant Project) Last Revised: 7/26/2016
TR # 6774
Bexar, Comal, Guadalupe Counties Page 2 of 3
09/30/44 395,000.00 15,800.00 410,800.00
6,875,000.00 5,063,050.00 11,938,050.00
COMPUTED ON BASIS OF MANDATORY REDEMPTION
Debt Amortization Rates
% of Principal
Period Ending Principal Retired
09/30/2016
145,000.00
02.11%
09/30/2017
150,000.00
04.29%
09/30/2018
150,000.00
06.47%
09/30/2019
155,000.00
08.73%
09/30/2020
160,000.00
11.05%
09/30/2021
160,000.00
13.38%
09/30/2022
165,000.00
15.78%
09/30/2023
170,000.00
18.25%
09/30/2024
175,000.00
20.80%
09/30/2025
180,000.00
23.42%
09/30/2026
185,000.00
26.11%
09/30/2027
195,000.00
28.95%
09/30/2028
200,000.00
31.85%
09/30/2029
210,000.00
34.91%
09/30/2030
220,000.00
38.11%
09/30/2031
225,000.00
41.38%
09/30/2032
235,000.00
44.80%
09/30/2033
245,000.00
48.36%
09/30/2034
255,000.00
52.07%
09/30/2035
265,000.00
55.93%
09/30/2036
280,000.00
60.00%
09/30/2037
295,000.00
64.29%
09/30/2038
305,000.00
68.73%
09/30/2039
320,000.00
73.38%
09/30/2040
340,000.00
78.33%
09/30/2041
350,000.00
83.42%
09/30/2042
365,000.00
88.73%
09/30/2043
380,000.00
94.25%
09/30/2044
395.000.00
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: In addition to the right to issue bonds of
subordinate and inferior lien as authorized by the laws of this state of Texas,
the Authority reserves the right hereafter to issue Additional Bonds.
4. Rate Covenant: The Authority agrees and reaffirms its covenants to the
holders of the Parity Obligations that it will at all times maintain rates and
charges for sewer services furnished, provided and supplied by the System to
customers which will produce income and revenues sufficient to pay the interest
on and principal of all Parity Obligations, the interest on and principal of all
Subordinate Lien Obligations, and any legal debt or obligation of the System as
and when the same shall become due.
5. PROJECT: The Southern Wastewater Treatment Plant is a joint effort by the
City and the Authority to bring wastewater service to Southern Schertz, Southern
Cibolo, and the Interstate 10 Corridor.
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WASTEWATER TREATMENT CONTRACTS The Authority was created to provide a regional
waste treatment system to a 58,261 acre area which includes portions of Bexar,
Comal, and Guadalupe Counties.
Entity % of Total Revenue
City of Universal City 24.3%
City of Schertz 30.1
Randolph Air Force Base 14.9
Service Area Within City of San Antonio 9.2
City of Cibolo 8.6
City of Selma 6.6
Retama, Ltd. 5.3
City of Live Oak 1.0
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, FEES AND OPERATING DATA
SEWER RATES (Monthly billing)(Based on 3 month winter averaging) Effective
since October 1, 2013, October 1, 2014, and October 1, 2015.
Old Rates (Effective October 1, 2014)
Impact Fees - $1,800.00*
$3.27/M gallons
New Rates (Effective October 1, 2015)
Impact Fees - $1,800.00*
$3.15/M gallons
* One -time charge per connection.
AUTHORIZED BUT UNISSUED
REVENUE BONDS AUTHORIZED BUT UNISSUED None
ECONOMIC BACKGROUND
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. Texas A &M University - San Antonio was established on May
23, 2009.
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Ciolo Creek Municipal Auth Texas Municipal Reports
O
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p (Southern Wastewater Treatment Plant Project) Last Revised: 7/26/2016
TR # 6774
Bexar, Comal, Guadalupe Counties Page 3 of 3
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, horses, hay, grain sorghum, corn and beef cattle
OIL AND GAS - 2015
The oil production for this county accounts for 0.01% of the total state
production. The county ranks 163 out of all the counties in Texas for oil
production.
OIL PRODUCTION (Texas Railroad Commission)
Year Description Volume % Change From Previous Year
2012 Oil 119,303 BBL 8.78
2013 Oil 125,446 BBL 5.15
2014 Oil 119,014 BBL -5.13
2015 Oil 95,355 BBL -19.88
CASINGHEAD (Texas Railroad Commission)
Year Description Volume % Change From Previous Year
2012 Casinghead 36 MCF 38.46
2013 Casinghead 44 MCF 22.22
2014 Casinghead 24 MCF -45.45
2015 Casinghead 23 MCF -4.17
PARKS (Texas Parks & Wildlife)
Year Description Volume
2012 Government Canyon State Natural Area 40,352 Visitors
2013 Government Canyon State Natural Area 58,540 Visitors
2014 Government Canyon State Natural Area 63,633 Visitors
CIVIL / MILITARY PERSONNEL (US Department of Defense)
Year Description Volume
2012 Brooks City Air Force Base 40 Members
2013 Brooks City Air Force Base 13 Members
2012 Brooks City -Base 1,965 Members
2012 Camp Bullis
2013 Camp Bullis
2012 Fort Sam Houston
2013 Fort Sam Houston 21,256 Members
2012 Kelly Air Force Base 600 Members
2013 Kelly Air Force Base 206 Members
2012 Lackland Air Force Base
2013 Lackland Air Force Base 32,116 Members
2012 Randolph Air Force Base
2013 Randolph Air Force Base 7,333 Members
RETAIL SALES & EFFECTIVE BUYING INCOME (The N
Year 2014
Retail Sales $24.08
Effective Buying Income (EBI) $36.OB
County Median Household Income $42,396
State Median Household Income $50,464
% of Households with EBI below $25K 13.0 %
% of Households with EBI above $25K 65.6 %
elsen Company)
2013 2012
$30.98 $26.18
$35.5B $31.5B
$41,514 $37,969
$48,646 $47,613
13.1 % 15.3 %
65.4 % 62.7 %
EMPLOYMENT DATA (Texas Workforce Commission)
2015 2014 2013
Employed Earnings Employed Earnings Employed Earnings
1st Q: 806,522 $9.8B 778,165 $9.3B 759,308 $8.8B
2nd Q: 817,903 $9.18 794,010 $8.6B 770,700 $8.1B
3rd Q: 817,129 $9.3B 793,771 $8.8B 770.907 $8.3B
4th Q: 834,660 $10.68 809,353 $9.68 780,920 $8.98
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
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
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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