Page 44 - Saginaw FY20 Annual Budget
P. 44
CITY OF SAGINAW CITY OF SAGINAW
CONSOLIDATED BUDGET SUMMARY BY FUND CONSOLIDATED BUDGET SUMMARY BY FUND
SCHEDULE OF SOURCES AND USES OF FUNDS SCHEDULE OF SOURCES AND USES OF FUNDS
AND CHANGES IN FUND BALANCE AND CHANGES IN FUND BALANCE
GOVERNMENTAL FUNDS
Debt Capital Drainage
General Service Projects CCPD Utility
Fund Fund Fund Fund Fund
Revenues
Property Taxes $ 5,987,865 $ 3,770,280 $ - $ - $ -
Sales Taxes 5,070,880 1,209,720
Other Taxes 56,000 27,000
Franchise Fees 1,625,840
Licenses, Permits, Fines, and Fees 1,712,940
Grant Assistance 80,470 3,250
Interest Income 100,000 50,000 50,000 4,800 39,000
Other Income 358,390 4,000,000 -
Charges for Services 810,000
Total Revenues $ 14,992,385 $ 3,847,280 $ 4,050,000 $ 1,217,770 $ 849,000
Other Financing Sources
Transfers from other funds $ 1,884,030 $ - $ 179,610 $ - $ -
Bond Proceeds -
Use of Bond Funds 4,600,390
Use of Escrow Funds -
Use of Beginning Fund Balance 729,080 2,515 - 82,795 992,660
Total Other Financing Sources $ 2,613,110 $ 2,515 $ 4,780,000 $ 82,795 $ 992,660
Total Available Resources $ 17,605,495 $ 3,849,795 $ 8,830,000 $ 1,300,565 $ 1,841,660
Operating Expenditures
General Gov't/Economic Dev. $ 2,499,360 $ - $ - $ - $ -
Municipal Court 217,725
Fire 3,733,850
Police 5,321,230 75,760
Community Services 1,415,195
Library 631,570
Public Works 2,402,765 - 58,700
Total Operating Expenditures $ 16,221,695 $ - $ - $ 75,760 $ 58,700
Other Financing Uses
Capital Outlay
General Gov't/Economic Dev. $ 70,195 $ - $ - $ - $ -
Municipal Court 1,000
Fire 331,000
Police 11,000 177,500
Community Services 120,225
Library -
Public Works 627,505 8,830,000 1,567,000
Total Capital Outlay 1,160,925 - 8,830,000 177,500 1,567,000
Debt Service 3,849,795
Transfer to Other Funds 222,875 - - 1,047,305 215,960
Total Other Financing Uses $ 1,383,800 $ 3,849,795 $ 8,830,000 $ 1,224,805 $ 1,782,960
Total Uses of Resources $ 17,605,495 $ 3,849,795 $ 8,830,000 $ 1,300,565 $ 1,841,660
Change in Fund Balance $ (729,080) $ (2,515) $ (4,600,390) $ (82,795) $ (992,660)
Beginning Fund Balance $ 10,069,562 $ 1,211,474 $ 6,580,390 $ 415,233 $ 2,182,476
Ending Fund Balance $ 9,340,482 $ 1,208,959 $ 1,980,000 $ 332,438 $ 1,189,816
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