Page 62 - Saginaw FY22 Adopted Annual Budget

GENERAL FUND SUMMARY OF

REVENUES AND EXPENDITURES

YEAR-END REVISED ADOPTED
ACTUAL BUDGET BUDGET
2019-2020 2020-2021 2021-2022

BEGINNING FUND BALANCE $ 11,604,137 $ 12,956,411 $ 11,373,796

REVENUES
Current Property Taxes $ 5,927,468 $ 6,429,550 $ 6,805,960
Sales Tax 5,499,512 6,452,370 5,788,900
Other Taxes 32,888 31,720 39,300
Franchise Fees 1,612,022 1,594,400 1,565,000
License, Permits, Fees, and Fines 1,454,108 1,774,660 1,486,525
Other Revenue 1,640,378 423,630 425,690
Grant Assistance 54,518 50,000 50,000
Lease/Loan Proceeds 5,000 15,000 3,750
Interest on Investments 113,140 6,875 2,400
Transfers from Other Funds 1,884,758 1,950,845 2,008,085

$ 18,223,792 $ 18,729,050 $ 18,175,610

EXPENDITURES
General Administrative Office $ 1,798,906 $ 2,836,175 $ 2,166,255
Municipal Court 187,063 203,070 206,540
Fire 3,965,266 3,849,985 4,120,955
Police 5,001,254 5,014,690 5,623,605
Public Services 1,916,937 1,670,015 2,951,775
Parks 538,607 364,455 395,910
Community Services 811,155 662,005 1,193,920
Library 568,572 630,955 699,280
Inspections/Code Enforcement 625,716 705,655 784,775
Animal Services 389,123 461,325 491,185
Fleet Maintenance 435,294 461,680 577,105
Economic Development 206,308 176,650 346,700
Information Technology 427,317 416,300 451,310

Transfer to Escrow Fund - 48,040 67,720
Transfer to Capital Projects Fund - 2,600,000 -
TOTAL EXPENDITURES $ 16,871,518 $ 20,101,000 $ 20,077,035

59