Page 34 - Saginaw FY22 Adopted Annual Budget

CITY OF SAGINAW
BUDGET HIGHLIGHTS
2021-2022

• The voluntary $1 donations that appear on utility bills are for Parks, Library, and
Beautification.

• Recurring expenses in this fund include the annual Fire Camp and Easter egg hunt from
Fire donations, highway mowing, street light pole painting, and holiday lighting from
Beautification donations, partial funding of the vaccination program and animal medical
care from Animal Shelter donations, Senior Center supplies from Senior Center
donations, and books, data processing expense, supplies, and special programming
from Library donations. It is anticipated that the Train and Grain Festival will be held in
2022 and will be funded through donations.

• Library donations will continue to fund two seasonal part time library pages who will be
hired for 13 weeks of the year and work 29 hours per week. These positions will enable
the library to meet the higher demands of the summer season. Partial funding is also
included for an Administrative Intern working at the Library.

• Parks donations will fund a fireworks display in 2022 ($10,000).

• Beautification donations will continue a public art program ($25,000).

GENERAL ESCROW FUND

• The General Government Escrow Fund was created in FY 2014-2015 to better track
funds that are received and to be used for a specific purpose. The types of revenues
budgeted in this fund are: hotel/motel tax, court technology fees, court security fees, gas
production proceeds, and insurance deductibles and settlements.

• The equipment replacement for the General Fund will be accounted for in the General
Escrow Fund. The equipment replacement escrow began in FY 2018-2019. The annual
contribution will be based on the useful life of the purchased asset and the estimated
replacement cost. Funding for the replacement of equipment purchased beginning in FY
2018-2019 will be in the equipment replacement escrow, as long as the annual
contribution is made. The contribution for General Fund equipment in FY 2021-2022 is
$48,040.

• Revenues are budgeted at $201,165.

• Budgeted expenditures include $10,000 each for advertising and entertainment for the
“Train and Grain” festival, a transfer to the General Fund for court security (Bailiff
$5,200), the replacement of four ticket writers ($11,100) payment of $30,000 to
Community Link for Farmer’s Market administration, and insurance deductibles/repairs
($40,000).

34