Page 63 - Saginaw FY22 Adopted Annual Budget

CITY OF SAGINAW
BUDGET DETAIL
2021-2022

General Fund Major Revenue Sources

Transfers In
Interest on Investments 11% Use of Fund Balance
0% 0%
Grant Assistance
0%
Other Income
Current Property Taxes
2% 38%
License, Permits, Fines,
and Fees
8%
Franchise Fees
9%

Sales Tax
32%

REVISED ADOPTED
ACTUAL ACTUAL ACTUAL BUDGET BUDGET
DESCRIPTION 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022
Current Property Taxes $ 4,626,775 $ 5,485,381 $ 5,927,468 $ 6,429,550 $ 6,805,960
Sales Tax 4,822,931 5,153,399 5,499,512 6,452,370 5,788,900
Franchise Fees 1,660,835 1,764,936 1,612,022 1,594,400 1,565,000
License, Permits, Fines, and Fees 2,078,295 1,984,747 1,486,996 1,807,380 1,526,825
Other Income 326,053 433,548 1,640,378 438,630 429,440
Grant Assistance 30,833 53,987 54,518 50,000 50,000
Interest on Investments 191,974 295,148 113,140 6,875 2,400
Transfers In 1,705,322 1,797,112 1,884,758 1,950,845 2,008,085
Proceeds from Lease/Loan 459,000 - 5,000 - -
Use of Fund Balance 49,193 - - - -
$ 15,951,212 $ 16,968,259 $ 18,223,792 $ 18,730,050 $ 18,176,610

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