Page 68 - Saginaw FY21 Annual Budget

CITY OF SAGINAW
GOALS, OBJECTIVES AND PERFORMANCE MEASURES
2020-2021

GENERAL ADMINISTRATIVE OFFICE

GOAL: To improve the quality of life for all citizens by providing municipal services in a timely, efficient, professional and
fiscally responsible manner.
City FY 2019-2020 FY 2019-2020 FY 2020-2021
Strategy Department Goal Department Achievement Department Goal
Adopted a property tax rate
$0.459000 that generated the
Adopt a tax rate that allows us to maintain property tax revenue sufficient to Adopt a tax rate that allows us to maintain
current services and staffing levels. current services and staffing levels.
fund operations, as well as, debt
service payments.
Funded a 3% salary adjustment and
Continue to offer competitive salary and a full year of funding for the TMRS Continue to offer competitive salary and
benefits in order to hire and retain quality contribution that was increased in the benefits in order to hire and retain quality
employees in all departments. employees in all departments.
previous year.

Control the cost of employee health Offered multiple health insurance Control the cost of employee health
insurance by continuing to take plan options to allow each employee insurance by continuing to take
competitive bids for these services and to determine the cost/benefit based competitive bids for these services and
Maintain a evaluate plan options. on their needs. evaluate plan options.
financially
sound city
providing
superior Use Water Impact Fees to construct the Used Water Impact Fees to design the Use Water Impact Fees for construction
services Saginaw Boulevard 16" water line Phase2. Saginaw Boulevard 16" water line Phase of the Saginaw Boulevard 16" water line
2. Phase 2.

Add to General Fund Emergency Add to General Fund Emergency
Reserves and Enterprise Fund Emergency Maintained Emergency Reserves at the Reserves and Enterprise Fund Emergency
required level.
Reserves as required. Reserves as required.

Maintain Moody's rating of Aa3 and Maintained Moody's and Standard and Maintain Moody's rating of Aa3 and
Standard and Poor's rating of AA Stable Poor's ratings. Standard and Poor's rating of AA Stable

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