Page 247 - GFOA Draft 2

CITY OF SAGINAW
DONATIONS FUND
OVERVIEW OF REVENUES AND EXPENDITURES
2022-2023

The General Government Escrow Fund was created in FY 2014-2015 to better track funds that are received and are to be
used for a specific purpose. These receipts will remain in the General Government Escrow Fund until an appropriate
expense is approved by the City Council.

REVENUE:
Hotel/Motel Tax - 15%
This is the City's share of hotel/motel tax collected by the state. This portion of collections may be used for the promotion
of the arts.

Hotel/Motel Tax - 85%
The 85% balance of hotel/motel tax collections is reserved for promotional activities.

Court Technology Fees
For every citation issued, a $4 fee is assessed to be used for court technology.

Court Security Fees
For every citation issued, a $3 fee is assessed to be used for court security.

Gas Production Proceeds
Rents, royalties, and bonuses paid to the City as a result of natural gas drilling leases.

Insurance Deductible
Insurance claims revenue/reimbursements.

Transfer from Other Funds
Beginning in FY18/19 an annual contribution for an equipment replacement escrow based on estimated replacement cost
divided by the estimated useful life of the equipment.
EXPENDITURES:

Hotel Motel Tax Expenses
FY 20/21 includes promotion of arts at the "Train and Grain" festival, advertising, and Farmer's Market Management.

Court Technology Fees
Funding for the replacement of 4 ticket writers is included in the FY21/22 budget.

Court Security Expenses
Budgeted expenses are to reimburse the General Fund for bailiff services.

Insurance Deductible
These expenses are repairs to damaged property and other expenses covered by insurance.

PID Creation Escrows
These expenses are incurred when creating a new public improvement district and are funded with
developer escrow funds.

UCD/TXDOT Escrow
These expenses are incurred on behalf of the the UCD development for the median cut made by Texas Department of
Transportation along Blue Mound Road.

Blue Mound Road/Industrial Road Improvements
These expenses are related to local business participation in improvements at this intersection.

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