Page 76 - Saginaw FY22 Adopted Annual Budget

CITY OF SAGINAW
GOALS, OBJECTIVES AND PERFORMANCE MEASURES
2021-2022

GENERAL ADMINISTRATIVE OFFICE

GOAL: To improve the quality of life for all citizens by providing municipal services in a timely, efficient, professional
and fiscally responsible manner.
City FY 2020-2021 FY 2020-2021 FY 2021-2022
Strategy Department Goal Department Achievement Department Goal
Adopted a property tax rate $0.461579
Adopt a tax rate that allows us to Adopt a tax rate that allows us to
maintain current services and staffing that generated the property revenue maintain current services and staffing
sufficient to fund operations, as well as,
levels. levels.
debt service payments.

Continue to offer competitive salary and Continue to offer competitive salary and
benefits in order to hire and retain quality Adjusted the city-wide pay plan by 3% benefits in order to hire and retain quality
employees in all departments. employees in all departments.

Control the cost of employee health Offered multiple health insurance plan Control the cost of employee health
insurance by continuing to take options to allow each employee to insurance by continuing to take
competitive bids for these services and determine the cost/benefit based on competitive bids for these services and
Maintain a evaluate plan options. their needs evaluate plan options.
financially
sound city
providing
superior Use Water Impact Fees to construct the The Saginaw Blvd 16" water line porject Use Water Impact Fees to fund the Fort
services Saginaw Boulevard 16" water line is under construction using impact fees. Worth meter station upgrade.
Phase2.

Add to General Fund Emergency Maintained Emergency Reserves at the Add to General Fund Emergency
Reserves and Enterprise Fund Reserves and Enterprise Fund
Emergency Reserves as required. required level. Emergency Reserves as required.

Maintained both Moody's rating of Aa3
Maintain Moody's rating of Aa3 and Maintain Moody's rating of Aa3 and
Standard and Poor's rating of AA Stable and Standard and Poor's rating of AA Standard and Poor's rating of AA Stable
Stable

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