Page 33 - GFOA Draft 2

CITY OF SAGINAW
BUDGET HIGHLIGHTS
2022-2023

The average customer using 8,000 gallons of water per month will see a monthly increase of
$5.60 as a result of the water and sewer rate increases.
Other fee increases include: changing the residential late fee from $5 to 10% of the past due
balance and increasing the new move in fee, final fee, and transfer fee from $10 to $15.
The proposed budget includes: a combination sewer cleaning truck ($561,525), an upgrade to
the SCADA system ($69,725), a sewer service camera/line locator ($10,385) and 50% funding
($12,500) for the home renovation incentive program.
Design will continue on the Fairmont 12” Sanitary Sewer Rehabilitation Phase 2 project
$132,500.

Work will continue on the Beltmill and Northwest Booster Pump Stations. The Beltmill Pump
Station is funded with Enterprise Fund balance with a potential reimbursement from the TIRZ
Fund in the future. The Northwest Booster Pump Station is funded with impact fees $462,500
transferred from the Enterprise Escrow Fund and American Rescue Plan Act funding $895,000.

The Enterprise Fund has been balanced with $1,401,110 of reserves for one time and capital
items. There is a budgeted operating surplus of $238,575 intended to begin funding a systematic
replacement of old water and sewer lines throughout the City in conjunction with street
rehabilitation.

CAPITAL PROJECTS FUND

Voter approved bonds will be sold for the second and third phases of Knowles reconstruction
($9,550,000) and possibly the Knowles-McLeroy Intersection ($3,400,000). Construction will
continue on the first phase of Knowles.
Voter approved bonds will be sold for park improvements ($4,000,000).

A transfer of $1,380,750 from the General Escrow Fund represents developer escrow payments
for the construction of Old Decatur Road. Construction is expected to begin in FY22-23.
Construction of Knowles Drive Phase 1 will be completed and Phases 2 and 3 will begin.

Previously issued bond proceeds will fund intersection improvements at Industrial and Blue
Mound Road $493,700.
Construction will begin on the Library/Senior Citizen Center with funding from the FY21-22 bond
sale.

Construction will be completed for the Central Fire Station.
Park Improvements include replacement of playground equipment at Highland Station Park,
design of the Food Truck Park expansion, and the relocation of the Kiwanis Veterans Memorial
Park.
Fund balance of $24,070,865 will be used from previously issued bonds for these capital
projects.

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