Page 211 - Saginaw FY22 Adopted Annual Budget
P. 211

CITY OF SAGINAW
                                        POLICE EXPENDABLE FUND

                         OVERVIEW OF REVENUES AND EXPENDITURES
                                                       2021-2022


         The Police Expendable Fund was created in FY 2021-2022 to better track funds that are received
         and are to be used for a specific purpose. These receipts will remain in the Police Expendable Fund
         until an appropriate expense is approved by the City Council.


         REVENUE:

         Confiscated Property:
         Confiscated Property is any money that is obtained by the police department that is logged into the
         property room and is not involved with a chapter 59 seizure.  Examples are found money, prisoner
         money, evidence obtained through the course of an investigation, etc. If we’ve identified the owner
         of the money we send them a certified letter to claim the money within 90 days.

         Asset Forfeiture:
         Asset Forfeiture account is any cash that is seized under Chapter 59 and awarded to the police
         department by the District Court.  This money has limitations on what it can be used for. A few
         examples are as follows: equipment, supplies, or training-related expenses for the police department
         only. It cannot be used to generate revenue for any other department in the city.



         EXPENDITURES:


         Supplies:
         Any supplies related to public safety.



































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