Page 47 - Saginaw FY22 Adopted Annual Budget
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CITY OF SAGINAW
CONSOLIDATED BUDGET SUMMARY BY FUND
SCHEDULE OF SOURCES AND USES OF FUNDS
AND CHANGES IN FUND BALANCE
Total Total Total
All Funds All Funds All Funds
2021-2022 2020-2021 2019-2020
(Adopted) (Revised) (Actual)
Revenues
Property Taxes $ 11,448,785 10,443,480 9,661,176
Sales Taxes 7,661,390 8,545,150 7,262,055
Other Taxes 129,315 105,485 97,222
Franchise Fees 1,565,000 1,594,400 1,612,022
Licenses,Permits,Fines/Fees 1,505,550 1,802,245 1,671,504
Grant Assistance 50,000 50,000 478,230
Interest Income 5,995 68,010 350,604
Other Income 2,512,070 3,524,485 2,929,975
Charges for Services 10,622,655 11,505,030 11,745,693
Total Revenues $ 35,500,760 $ 37,638,285 $ 35,808,480
Other Financing Sources
Transfers from other funds $ 2,451,190 6,319,905 2,135,076
Bond Proceeds - 9,190,930 23,774,982
Use of Bond Funds - - -
Use of Escrow Funds 223,660 1,711,160 -
Use of Beginning Fund Balance 9,852,825 3,422,895 -
Total Other Financing Sources $ 12,527,675 $ 20,644,890 $ 25,910,059
Total Available Resources $ 48,028,435 $ 58,283,175 $ 61,718,539
Operating Expenditures
General Gov't/Econ. Dev. $ 2,821,260 2,747,155 $ 2,418,010
Municipal Court 207,040 203,070 187,923
Fire 4,065,455 3,757,885 3,716,756
Police 5,656,995 5,091,370 5,062,242
Community Services 1,749,855 1,140,855 1,174,104
Library 748,280 679,955 603,596
Public Works 12,164,110 11,407,365 12,155,127
Total Operating Expenditures $ 27,412,995 $ 25,027,655 $ 25,317,759
Other Financing Uses
Capital Outlay
General Gov't/Econ. Dev. $ 228,005 $ 678,015 $ 76,451
Municipal Court 11,100 - 11,108
Fire 68,000 2,448,000 255,949
Police 297,080 213,860 162,020
Community Services 780,000 104,675 145,355
Library 1,500,000 - -
Public Works 9,364,200 15,440,660 10,815,243
Total Capital Outlay 12,248,385 18,885,210 11,466,124
Debt Service 4,998,735 4,385,455 7,082,548
Transfer to Other Funds 2,451,190 6,305,165 2,091,811
Total Other Financing Uses $ 19,698,310 $ 29,575,830 $ 20,640,484
Total Uses of Resources $ 47,111,305 $ 54,603,485 $ 45,958,243
Change in Fund Balance $ (9,159,355) $ (1,454,365) $ 15,760,296
Beginning Fund Balance $ 51,325,484 $ 52,779,849 $ 37,019,553
Ending Fund Balance $ 42,166,129 $ 51,325,484 $ 52,779,849
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