Page 45 - Saginaw FY22 Adopted Annual Budget

CITY OF SAGINAW
CONSOLIDATED BUDGET SUMMARY BY FUND
SCHEDULE OF SOURCES AND USES OF FUNDS
AND CHANGES IN FUND BALANCE
GOVERNMENTAL FUNDS
Debt Capital Police
General Service Projects CCPD Expendable
Fund Fund Fund Fund Fund

Revenues
Property Taxes $ 6,805,960 $ 4,642,825 $ - $ - $ -
Sales Taxes 5,788,900 1,390,080
Other Taxes 39,300 16,000
Franchise Fees 1,565,000
Licenses,Permits,Fines/Fees 1,486,525
Grant Assistance 50,000 -
Interest Income 2,400 500 1,140 40
Other Income 429,440 1,677,250 -
Charges for Services

Total Revenues $ 16,167,525 $ 4,659,325 $ 1,678,390 $ 1,390,120 $ -
Other Financing Sources
Transfers from other funds $ 2,008,085 $ - $ - $ - $ -
Bond Proceeds -
Use of Bond Funds -
Use of Escrow Funds -
Use of Beginning Fund Balance 1,901,425 94,400 7,321,610 17,455 -

Total Other Financing Sources $ 3,909,510 $ 94,400 $ 7,321,610 $ 17,455 $ -
Total Available Resources $ 20,077,035 $ 4,753,725 $ 9,000,000 $ 1,407,575 $ -

Operating Expenditures
General Gov't/Econ. Dev. $ 2,736,260 $ - $ - $ - $ -
Municipal Court 206,540
Fire 4,052,955
Police 5,573,605 80,100 3,290
Community Services 1,630,105
Library 699,280
Public Works 3,209,145 -

Total Operating Expenditures $ 18,107,890 $ - $ - $ 80,100 $ 3,290
Other Financing Uses
Capital Outlay
General Gov't/Econ. Dev. $ 228,005 $ - $ - $ - $ -
Municipal Court -
Fire 68,000
Police 50,000 247,080
Community Services 55,000 700,000
Library - 1,500,000
Public Works 1,500,420 6,800,000 -
Total Capital Outlay 1,901,425 - 9,000,000 247,080 -
Debt Service 4,753,725
Transfer to Other Funds 67,720 - - 1,080,395
Total Other Financing Uses $ 1,969,145 $ 4,753,725 $ 9,000,000 $ 1,327,475 $ -

Total Uses of Resources $ 20,077,035 $ 4,753,725 $ 9,000,000 $ 1,407,575 $ 3,290
Change in Fund Balance $ (1,901,425) $ (94,400) $ (7,321,610) $ (17,455) $ (3,290)
Beginning Fund Balance $ 11,584,458 $ 1,081,565 $ 22,706,949 $ 749,016 $ 15,416

Ending Fund Balance $ 9,683,033 $ 987,165 $ 15,385,339 $ 731,561 $ 12,126

45