Page 45 - Saginaw FY21 Annual Budget

CITY OF SAGINAW
BUDGET SUMMARY TRANSFERS- ALL FUNDS
2020-2021

CAPITAL DRAINAGE GENERAL W/WW
GENERAL ENTERPRISE PROJECTS CCPD UTILITY DONATIONS ESCROW ESCROW TOTAL
DESCRIPTION FUND FUND FUND FUND FUND FUND FUND FUND ALL FUNDS
TRANSFERS IN
From General Fund $ - $ - $ 2,600,000 $ - $ - $ - $ 48,040 $ - $ 2,648,040
From Enterprise Fund 716,430 - 26,340 742,770
From CCPD Fund 1,034,065 - 1,034,065
From Drainage Fund 118,515 91,130 - 209,645
From Donations Fund 8,120 - 8,120
From General Escrow Fund 5,200 - 5,200
From W/WW Escrow Fund 1,737,500 1,737,500
TOTAL TRANSFERS IN $ 1,882,330 $ 1,828,630 $ 2,600,000 $ - $ - $ - $ 48,040 $ 26,340 $ 6,385,340

TRANSFERS OUT
To General Fund $ 716,430 $ 1,034,065 $ 118,515 $ 8,120 $ 5,200 $ - $ 1,882,330
To Capital Projects Fund $ 2,600,000 - - $ 2,600,000
To Enterprise Fund 91,130 1,737,500 $ 1,828,630
To W/WW Escrow Fund 26,340 - - - - - - $ 26,340
To General Escrow Fund 48,040 $ 48,040
TOTAL TRANSFERS OUT $ 2,648,040 $ 742,770 $ - $ 1,034,065 $ 209,645 $ 8,120 $ 5,200 $ 1,737,500 $ 6,385,340

EXPLANATION OF TRANSFERS
The General Fund recieves transfers from:
Enterprise Fund for indirect costs such as Information Systems services, Administrative oversight, audit services, legal services, and building overhead
costs. The Enterprise Fund also pays a portion of the cost of Fleet Maintenance.
CCPD Fund for the salaries and benefits of 10 patrol officers, 1 public services offficer, 1 dispatcher, and 1/2 of a school resource officer.
Drainage Fund for the salaries and benefits of 2 drainage utility maintenance workers.
Donations Fund for the salaries of 2 seasonal part time library pages.
General Escrow Fund for the overtime of police officers acting as bailiff for the Municipal Court.
The Enterprise Fund receives transfers from:

Drainage Fund for 1/2 the salary and benefits of the environmental sepecialist and environmental assistant.
W/WW Escrow Fund for impact fee funding of water and wastewater capital projects.
The Capital Projects Fund recieves transfers from:
General Fund for the Bailey Boswell Overpass Project
The General Escrow Fund recieves transfers from:
General Fund for the annual contrubtion to the equipment replacement escrow

The Enterprise Escrow Fund recieves transfers from:

Enterprise Fund for the annual contribution to the equipment replacement escrow

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