Page 31 - Saginaw FY22 Adopted Annual Budget

CITY OF SAGINAW
BUDGET HIGHLIGHTS
2021-2022

• Economic Development includes a $150,000 budget item for Saginaw
Boulevard/Industrial redevelopment.

• Line item increases in the Information Technology Department include increased costs
of computer and server replacements, remote management and operating system
software, increased cost of email and anti-virus software and increased off site backup.

• One-time expenses in the Information Technology budget include $18,000 for a new
server for the police records software and $12,440 for a disc printer for Police
Department records.

• The fund balance will be reduced by $1,901,425 for one-time items described above.

• There were not any changes made between the 21-22 proposed to adopted budget.

DEBT SERVICE FUND:

• The adopted budget includes $4,753,725 funding for principal and interest payments.
The estimated fund balance at year end will be $964,085 which is a budgeted drawdown
of $94,400.

ENTERPRISE FUND:

• The City of Saginaw purchases water from the City of Fort Worth. Fort Worth has
proposed a 9.92% increase in wholesale water rates. This budget includes a 10%
increase in water rates for our customers.

• The City of Fort Worth bills the City of Saginaw for wastewater treatment based on the
strengths and volume that pass through the system. Fort Worth has proposed an
15.24% increase in wastewater rates. This budget includes a 5% increase in rates for
our customers.

• The average customer using 8,000 gallons of water per month will see a monthly
increase of $5.89 as a result of the water and sewer rate increases.

• A Water/Wastewater Technician position is added at a cost of $61,930.

• Funding is included for the summer apprentice program ($8,765) that hires high school
and college students, with an interest in municipal government, for temporary summer
employment.

• The adopted budget includes two generators: one for the Jarvis elevated storage tank
($35,000) and one for the Public Works offices ($60,000) which houses the water control
system. The generators will solve some weaknesses identified during the winter storms
this past year. Funding ($20,000) is also proposed to paint the interior and epoxy coat
the floor of the Longhorn Pump Station.

• Construction of the Fort Worth meter station upgrade ($250,000) will be funded with
impact fees.

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