Page 47 - GFOA Draft 2
P. 47
CITY OF SAGINAW
CONSOLIDATED BUDGET SUMMARY BY FUND
SCHEDULE OF SOURCES AND USES OF FUNDS
AND CHANGES IN FUND BALANCE
GOVERNMENTAL FUNDS
Debt Capital Police
General Service Projects CCPD Expendable
Fund Fund Fund Fund Fund
Revenues
Property Taxes $ 7,166,080 $ 6,162,085 $ - $ - $ -
Sales Taxes 6,700,000 1,632,000
Other Taxes 47,200 18,000
Franchise Fees 1,648,000
Licenses,Permits,Fines/Fees 1,683,890
Grant Assistance 43,750 2,500
Interest Income 144,000 12,615 138,000 9,000
Other Income 934,065 - -
Charges for Services
Total Revenues $ 18,366,985 $ 6,192,700 $ 138,000 $ 1,643,500 $ -
Other Financing Sources
Transfers from other funds $ 2,220,740 $ - $ 1,380,750 $ - $ -
Bond Proceeds 16,950,000
Use of Bond Funds -
Use of Escrow Funds -
Use of Beginning Fund Balance 785,625 59,305 24,070,865 486,290 12,500
Total Other Financing Sources $ 3,006,365 $ 59,305 $ 42,401,615 $ 486,290 $ 12,500
Total Available Resources $ 21,373,350 $ 6,252,005 $ 42,539,615 $ 2,129,790 $ 12,500
Operating Expenditures
General Gov't/Econ. Dev. $ 2,874,270 $ - $ - $ - $ -
Municipal Court 225,760
Fire 4,328,010
Police 6,007,415 164,670 12,500
Community Services 1,862,400
Library 779,505
Public Works 3,802,700 -
Total Operating Expenditures $ 19,880,060 $ - $ - $ 164,670 $ 12,500
Other Financing Uses
Capital Outlay
General Gov't/Econ. Dev. $ 66,600 $ - $ - $ - $ -
Municipal Court -
Fire 275,000 4,722,915
Police 299,245 773,295 -
Community Services 261,965 6,920,000
Library - 17,920,000
Public Works 517,000 12,976,700 -
Total Capital Outlay 1,419,810 - 42,539,615 773,295 -
Debt Service 6,252,005
Transfer to Other Funds 73,480 - - 1,191,825
Total Other Financing Uses $ 1,493,290 $ 6,252,005 $ 42,539,615 $ 1,965,120 $ -
Total Uses of Resources $ 21,373,350 $ 6,252,005 $ 42,539,615 $ 2,129,790 $ 12,500
Change in Fund Balance $ (785,625) $ (59,305) $ (24,070,865) $ (486,290) $ (12,500)
Beginning Fund Balance $ 11,880,505 $ 1,157,334 $ 35,208,191 $ 1,406,897 $ 19,270
Ending Fund Balance $ 11,094,880 $ 1,098,029 $ 11,137,326 $ 920,607 $ 6,770
Table of Contents 46
