Page 62 - Saginaw FY19 Annual Budget
P. 62

TRANSFERS IN FROM OTHER FUNDS
            The transfers from other funds includes the Enterprise Fund paying it's share of administrative costs reported
            in the General Fund such as vehicle maintenance, postage, IT services, bank fees, and legal and audit
            services. The CCPD Fund pays for the salaries and benefits of ten Police Officers, one Public Service
            Officer, one Dispatcher, and one half the cost of a School Resource Officer. The Drainage Utility Fund pays
            for the cost of two Drainage Utility Maintenance Workers. The increase reflects the retirement cost increase
            and a more detailed approach to estimating administrative costs.
                                                                           $1,907
                                                                  $1,855
            In Thousands
                                             TRANSFERS IN FROM OTHER FUNDS
            In Thousands                FRANCHISE FEE REVENUES - UTILITIES                     $1,942   $1,723
            $1,500
                                                         $1,563
                                                $1,438
                    $1,348             $1,356
           $2,000            $1,312                                                                      $1,794
                    $1,611    $1,669   $1,523   $1,573    $1,502   $1,583    $1,633   $1,697   $1,705
           $1,500
           $1,000
            $1,000
             $500    09-10    10-11    11-12     12-13    13-14    14-15    15-16     16-17    17-18    18-19
              $0
                    09-10     10-11    11-12     12-13    13-14    14-15     15-16    16-17     17-18    18-19
            USE OF FUND BALANCE
            The use of fund balance in FY12/13 was for the City Hall project. The use of fund balance in FY17/18 was
            one time capital purchases including a fire engine, improvements related to Basswood Crossing, traffic
            signals at Basswood Boulevard and Bailey Boswell and Knowles and McLeroy, the replacement of the public
            safety radio system, and park improvements to accommodate an area for food trucks and a farmer's market.
            FY18/19 use of fund balance is for one time capital items, expenses related to a charter election, the
            replacement of Fire Department self-contained breathing apparatus, and a matching contribution for the
            construction of an all abilities playground at Willow Creek Park.

                                                                           $1,907
                                                                  $1,855
            In Thousands
            In Thousands                FRANCHISE FEE REVENUES - UTILITIES                     $1,942   $1,723
                                             USE OF FUND BALANCE
            $1,500
                                                         $1,563
                                                $1,438
                    $1,348             $1,356
           $2,400            $1,312                                                            $1,986
                                                $1,723
           $1,800
           $1,200                                                                                         $886
            $1,000
             $600    09-10    10-11    11-12     12-13    13-14    14-15    15-16     16-17    17-18    18-19
                     $0        $0        $0                $0        $0       $0        $0
              $0
                    09-10     10-11    11-12     12-13    13-14    14-15     15-16    16-17     17-18    18-19
























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