Page 42 - Saginaw FY21 Annual Budget
P. 42
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 $ 6,249,000 $ 3,898,855 $ - $ - $ -
Sales Taxes 5,392,875 1,264,050
Other Taxes 49,120 17,000
Franchise Fees 1,571,200
Licenses, Permits, Fines, and Fees 1,385,215
Grant Assistance 50,000 4,880
Interest Income 36,000 15,000 - 960 6,000
Other Income 438,185 4,000,000 -
Charges for Services 816,000
Total Revenues $ 15,171,595 $ 3,930,855 $ 4,000,000 $ 1,269,890 $ 822,000
Other Financing Sources
Transfers from other funds $ 1,882,330 $ - $ 2,600,000 $ - $ -
Bond Proceeds -
Use of Bond Funds 21,408,635
Use of Escrow Funds -
Use of Beginning Fund Balance 2,882,850 209,465 - 54,715 924,445
Total Other Financing Sources $ 4,765,180 $ 209,465 $ 24,008,635 $ 54,715 $ 924,445
Total Available Resources $ 19,936,775 $ 4,140,320 $ 28,008,635 $ 1,324,605 $ 1,746,445
Operating Expenditures
General Gov't/Economic Dev. $ 2,528,550 $ - $ - $ - $ -
Municipal Court 209,375
Fire 3,865,690
Police 5,332,000 76,680
Community Services 1,440,715
Library 621,540
Public Works 3,008,015 - 58,700
Total Operating Expenditures $ 17,005,885 $ - $ - $ 76,680 $ 58,700
Other Financing Uses
Capital Outlay
General Gov't/Economic Dev. $ 150,000 $ - $ - $ - $ -
Municipal Court -
Fire -
Police - 213,860
Community Services -
Library -
Public Works 132,850 28,008,635 1,478,100
Total Capital Outlay 282,850 - 28,008,635 213,860 1,478,100
Debt Service 4,140,320
Transfer to Other Funds 2,648,040 - - 1,034,065 209,645
Total Other Financing Uses $ 2,930,890 $ 4,140,320 $ 28,008,635 $ 1,247,925 $ 1,687,745
Total Uses of Resources $ 19,936,775 $ 4,140,320 $ 28,008,635 $ 1,324,605 $ 1,746,445
Change in Fund Balance $ (2,882,850) $ (209,465) $ (21,408,635) $ (54,715) $ (924,445)
Beginning Fund Balance $ 12,205,849 $ 1,071,435 $ 22,112,947 $ 530,033 $ 2,461,122
Ending Fund Balance $ 9,322,999 $ 861,970 $ 704,312 $ 475,318 $ 1,536,677
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