Page 43 - Saginaw FY21 Annual Budget

CITY OF SAGINAW
CONSOLIDATED BUDGET SUMMARY BY FUND
SCHEDULE OF SOURCES AND USES OF FUNDS
AND CHANGES IN FUND BALANCE

GOVERNMENTAL FUNDS PROPRIETARY FUNDS
Street General Water/Wastewater
Maintenance Donations Escrow Escrow Enterprise
Fund Fund Fund Fund Fund
Revenues
Property Taxes $ - $ - $ - $ - $ -

Sales Taxes 446,125
Other Taxes 51,140
Franchise Fees
Licenses, Permits, Fines, and Fees 12,680 -
Grant Assistance

Interest Income 4,800 840 1,125 - 24,000

Other Income 301,195 40,240 165,000

Charges for Services 9,087,350

Total Revenues $ 450,925 $ 302,035 $ 105,185 $ - $ 9,276,350
Other Financing Sources

Transfers from other funds $ - $ - $ 48,040 $ 26,340 $ 1,828,630

Bond Proceeds
Use of Bond Funds

Use of Escrow Funds - 1,711,160
Use of Beginning Fund Balance 263,555 - 211,305

Total Other Financing Sources $ 263,555 $ - $ 48,040 $ 1,737,500 $ 2,039,935

Total Available Resources $ 714,480 $ 302,035 $ 153,225 $ 1,737,500 $ 11,316,285

Operating Expenditures
General Gov't/Economic Dev. $ - $ 25,000 $ 60,000 $ - $ -

Municipal Court -
Fire 12,500

Police -

Community Services 76,200 7,500

Library 49,000

Public Works 280,000 10,000 - 7,811,740

Total Operating Expenditures $ 280,000 $ 172,700 $ 67,500 $ - $ 7,811,740

Other Financing Uses
Capital Outlay
General Gov't/Economic Dev. $ - $ - $ - $ - $ -
Municipal Court -
Fire
Police -
Community Services 25,000 -

Library

Public Works 434,480 - - 2,525,350

Total Capital Outlay 434,480 25,000 - - 2,525,350
Debt Service 236,425

Transfer to Other Funds - 8,120 5,200 1,737,500 742,770

Total Other Financing Uses $ 434,480 $ 33,120 $ 5,200 $ 1,737,500 $ 3,504,545

Total Uses of Resources $ 714,480 $ 205,820 $ 72,700 $ 1,737,500 $ 11,316,285

Change in Fund Balance $ (263,555) $ 96,215 $ 80,525 $ (1,711,160) $ (211,305)

Beginning Fund Balance $ 962,629 $ 490,649 $ 1,652,874 $ 2,033,557 $ 5,621,046

Ending Fund Balance $ 699,074 $ 586,864 $ 1,733,399 $ 322,397 $ 5,409,741
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