Development News for Saginaw, Texas

City Council Approves Purchase of New Aerial Ladder Truck with Rear Steering

The City Council approved the purchase of a new aerial ladder truck from Pierce for approximately $2.2 million, with a significant discount of $180,000 for prepaying. The truck features rear steering, which enhances maneuverability in tight residential and industrial areas, handles rougher roads better, and is expected to save costs on tire wear over the truck's life. Delivery is estimated within 30-31 months. The truck will be used for educational facilities, apartment complexes, industrial areas, and residential settings for tasks like attic fires and exposure protection.

City Council Reviews 2026-2027 Budget Framework and Tax Rate Structure

Finance Director Kim Quinn presented an overview of the upcoming 2026-2027 budget workshop, explaining budget concepts, the role of different funds, the current year's revised budget of nearly $85 million, and the importance of a structurally balanced budget. She detailed the components of the tax rate (Maintenance & Operations and Interest & Sinking), the city's portion of the total tax bill, and various exemptions for seniors and disabled individuals. Quinn also outlined the four required tax rate calculations (no-new-revenue, voter-approval, de minimis, and unused incremental) and the budget calendar, emphasizing upcoming workshops and deadlines.

City Council Approves Notice of Intention to Issue Certificates of Obligation for Capital Projects

The City Council approved Resolution 202608, initiating the process to issue combination tax and revenue certificates of obligation (COs). This is the first legal step, requiring publication of a notice of intention detailing the maximum amount to be borrowed, the purpose of the funds (including a new fire truck, fire department improvements, and an animal services facility), and the date for the final sale. The action is timed to coincide with receiving certified property values to target the desired tax rate. The sale is scheduled for August 4, 2026, with a closing on September 2nd.

Saginaw Police Department Promotes Sergeant Kadditz and Corporal Barber

The City Council recognized two employees of the Saginaw Police Department for their promotions. Sergeant Clayton Kadditz was promoted after six years of service, including roles as a field training officer and back officer, and completing ALIA School of Police Supervision. Corporal Joseph Barber was promoted after over three years with the department, having served as a police officer for more than five years, and is also a member of the U.S. Army Reserves. Both were sworn into their new roles with their spouses present.