Page 59 - Saginaw FY20 Annual Budget

CITY OF SAGINAW
BUDGET DETAIL
2019-2020

General Fund Major Revenue Sources
Proceeds from Use of Fund Balance
Lease/Loan
Transfers In 4%
0%
11%
Interest on Investments
1%
Grant Assistance
0% Current Property Taxes
34%
Other Income
2%

License, Permits, Fines,
and Fees
10%

Franchise Fees
9%
Sales Tax
29%

REVISED ADOPTED
ACTUAL ACTUAL ACTUAL BUDGET BUDGET
DESCRIPTION 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020

Current Property Taxes $ 3,847,393 $ 4,310,327 $ 4,626,775 $ 5,481,835 $ 5,987,865

Sales Tax 4,398,047 4,699,744 4,822,931 4,996,000 5,070,880
Franchise Fees 1,839,384 1,693,095 1,660,835 1,670,000 1,625,840
License, Permits, Fines, and Fees 1,907,371 2,007,031 2,078,295 1,797,850 1,768,940
Other Income 356,842 303,880 326,053 424,190 358,390

Grant Assistance 29,134 54,529 30,833 53,925 80,470
Interest on Investments 32,068 84,195 191,974 294,000 100,000
Transfers In 1,632,566 1,697,052 1,705,322 1,794,405 1,884,030
Proceeds from Lease/Loan - - 459,000 - -
Use of Fund Balance - - 49,193 1,529,830 729,080

$ 14,042,805 $ 14,849,852 $ 15,951,212 $ 18,042,035 $ 17,605,495

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