Page 30 - Saginaw FY19 Annual Budget

CITY OF SAGINAW

BUDGET HIGHLIGHTS
2018-2019

 The Library will replace fourteen computers for use by the public at a cost of $15,000.

 A rental inspection program will begin in FY18/19. The program will be phased in
starting with multi-family units. Each rental unit will be required to be inspected before
utility service is started. When the unit passes the initial inspection, another inspection
will not be required for three years. The annual fee for a permit will be $50 to $75. If
the owner of the rental unit attends the certification program the lower fee will be
required. Revenues of $41,850 are budgeted as a result of this program.

 With anticipated staff retirements, the Inspection staff will be reorganized. The result of
the reorganization and the revenue from the Rental Inspection Program will allow for the
use of approximately 950 hours of a contract inspector and will not require an additional
position to implement the new program.

 A digital plan review work station ($15,000) and the replacement of code books ($6,000)
is included in the Inspections/Code Enforcement Division.

 Front office furniture will be replaced at the Animal Shelter ($2,000).

 The Information Technology function has been removed from Administration and will
become a separate department. Staffing remains at two full time positions. Some costs
associated with city-wide technology have been moved from other department budgets
to IT.

 Two servers will be replaced in the coming year ($9,000).

 An equipment replacement escrow fund will begin in FY18/19. The annual contribution
will be based on the useful life of the purchased asset and the estimated replacement
cost. Funding for the replacement of equipment purchased beginning in FY18/19 will be
in the equipment replacement escrow, as long as the annual contribution is made. The
contribution for General Fund equipment will be $28,905 and Enterprise Fund will be
$14,485.

 The Economic Development Director added in FY17/18 is fully funded. An operating
budget is included for this function as well as $50,000 for economic development
incentives.

 A total of $1,019,925 is proposed in the General Fund for one-time items described
above. The fund is balanced with $885,540 of reserves.

DEBT SERVICE FUND:

 The budget includes $2,495,000 principal and $886,610 interest payments. The
estimated fund balance at year end will be $1,038,995.

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