Page 55 - Saginaw FY21 Annual Budget
P. 55
CITY OF SAGINAW
BUDGET DETAIL
2020-2021
General Fund Major Revenue Sources
Use of Fund Balance
15%
Transfers In Current Property Taxes
10% 31%
Interest on Investments
0%
Grant Assistance
0%
Other Income
2%
License, Permits, Fines,
and Fees
7% Sales Tax
Franchise Fees 27%
8%
REVISED ADOPTED
ACTUAL ACTUAL ACTUAL BUDGET BUDGET
DESCRIPTION 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021
Current Property Taxes $ 4,310,327 $ 4,626,775 $ 5,485,381 $ 5,930,000 $ 6,249,000
Sales Tax 4,699,744 4,822,931 5,153,399 5,480,000 5,392,875
Franchise Fees 1,693,095 1,660,835 1,764,936 1,651,990 1,571,200
License, Permits, Fines, and Fees 2,007,031 2,078,295 1,984,747 1,413,300 1,434,335
Other Income 303,880 326,053 433,548 1,640,560 438,185
Grant Assistance 54,529 30,833 53,987 49,870 50,000
Interest on Investments 84,195 191,974 295,148 113,000 36,000
Transfers In 1,697,052 1,705,322 1,797,112 1,884,030 1,882,330
Proceeds from Lease/Loan - 459,000 - - -
Use of Fund Balance - 49,193 - - 2,882,850
$ 14,849,852 $ 15,951,212 $ 16,968,259 $ 18,162,750 $ 19,936,775
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