Page 48 - GFOA Draft 2
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CITY OF SAGINAW
CONSOLIDATED BUDGET SUMMARY BY FUND
SCHEDULE OF SOURCES AND USES OF FUNDS
AND CHANGES IN FUND BALANCE
GOVERNMENTAL FUNDS GOVERNMENTAL FUNDS
Drainage Street General Beltmill Water/Wastewater
Utility Maintenance Donations Escrow PID TIRZ Fund
Fund Fund Fund Fund Fund
Revenues
Property Taxes $ - $ - $ - $ - $ 12,045
Sales Taxes 559,765
Other Taxes 91,865
Franchise Fees
Licenses,Permits,Fines/Fees 24,315
Grant Assistance
Interest Income 32,400 12,000 1,315 2,555 120
Other Income - 294,160 586,260 498,095
Charges for Services 990,000
Total Revenues $ 1,022,400 $ 571,765 $ 295,475 $ 704,995 $ 498,095 $ 12,165
Other Financing Sources
Transfers from other funds $ - $ - $ - $ 73,480
Bond Proceeds
Use of Bond Funds
Use of Escrow Funds -
Use of Beginning Fund Balance 1,717,725 978,235 - 749,475
Total Other Financing Sources $ 1,717,725 $ 978,235 $ - $ 822,955 $ - $ -
Total Available Resources $ 2,740,125 $ 1,550,000 $ 295,475 $ 1,527,950 $ 498,095 $ 12,165
Operating Expenditures
General Gov't/Econ. Dev. $ - $ - $ 25,000 $ 75,000
Municipal Court 500
Fire 14,000
Police 2,420
Community Services 81,750 30,000
Library 49,000
Public Works 68,000 550,000 25,750
Total Operating Expenditures $ 68,000 $ 550,000 $ 197,920 $ 105,500 $ - $ -
Other Financing Uses
Capital Outlay
General Gov't/Econ. Dev. $ - $ - $ - $ 20,000 $ 18,000
Municipal Court 16,500
Fire
Police -
Community Services 25,000 -
Library
Public Works 2,453,000 1,000,000 - -
Total Capital Outlay 2,453,000 1,000,000 25,000 36,500 18,000 -
Debt Service
Transfer to Other Funds 219,125 - 20,575 1,385,950
Total Other Financing Uses $ 2,672,125 $ 1,000,000 $ 45,575 $ 1,422,450 $ 18,000 $ -
Total Uses of Resources $ 2,740,125 $ 1,550,000 $ 243,495 $ 1,527,950 $ 18,000 $ -
Change in Fund Balance $ (1,717,725) $ (978,235) $ 51,980 $ (749,475) $ 480,095 $ 12,165
Beginning Fund Balance $ 3,754,779 $ 2,069,672 $ 525,338 $ 2,689,607 $ 22,750 $ -
Ending Fund Balance $ 2,037,054 $ 1,091,437 $ 577,318 $ 1,940,132 $ 502,845 $ 12,165
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