Page 280 - Saginaw FY22 Adopted Annual Budget

CITY OF SAGINAW
DRAINAGE UTILITY FUND

FIVE YEAR FORECAST

ADOPTED
BUDGET ESTIMATED ESTIMATED ESTIMATED ESTIMATED
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026

BEGINNING FUND BALANCE $ 3,168,993 $ 3,726,038 $ 2,453,112 $ 235,847 $ 390,689
REVENUES
DRAINAGE UTILITY FEES $ 820,000 $ 828,200 $ 836,482 $ 844,847 $ 853,295
INT ON INVESTMENTS 360 500 500 500 500

TOTAL REVENUES $ 820,360 $ 828,700 $ 836,982 $ 845,347 $ 853,795
EXPENDITURES
TSF TO ENT FD-REIM SAL/OPER $ 99,045 $ 103,997 $ 109,197 $ 114,657 $ 120,390
TSF TO GEN FD-REIM SAL/OPER 105,170 110,429 115,950 121,747 127,835
UNIFORMS 1,600 1,600 1,600 1,600 1,600
SUPPLIES 45,000 45,000 45,000 45,000 45,000
DISPOSAL COSTS 10,000 10,000 10,000 10,000 10,000
EDUCATIONAL TRAINING/TRAVEL 1,000 1,000 1,000 1,000 1,000
PERMIT FEE 1,500 1,500 1,500 1,500 1,500
CAPITAL OUTLAY/SPECIAL REQUEST - 1,828,100 2,770,000 395,000 185,000

TOTAL EXPENDITURES $ 263,315 $ 2,101,626 $ 3,054,247 $ 690,504 $ 492,325

ENDING FUND BALANCE $ 3,726,038 $ 2,453,112 $ 235,847 $ 390,689 $ 752,160

Increase/(Decrease) in Fund Balance $ 557,045 $ (1,272,926) $ (2,217,265) $ 154,842 $ 361,471

Estimates for the Drainage Utility Fund include a 1% increase due to commercial growth and assume no increase in the monthly
drainage fee. The transfers to other funds include a 5% increase for salary and benefit cost increases. Capital outlay includes the
replacement of Drainage vehicles and the East Cement Creek Drainage Project.

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