Page 66 - GFOA Draft 2

CITY OF SAGINAW
GENERAL FUND SUMMARY OF
REVENUES AND EXPENDITURES

YEAR-END REVISED ADOPTED
ACTUAL BUDGET BUDGET
2020-2021 2021-2022 2022-2023

BEGINNING FUND BALANCE $ 12,956,411 $ 12,045,780 $ 11,880,505

REVENUES
Current Property Taxes $ 6,428,906 $ 6,935,785 $ 7,166,080
Sales Tax 6,679,922 7,085,130 6,700,000
Other Taxes 32,917 72,590 47,200
Franchise Fees 1,561,343 1,658,255 1,648,000
License, Permits, Fees, and Fines 1,923,646 1,469,575 1,683,890
Other Revenue 427,791 440,785 934,065
Grant Assistance 54,950 80,000 43,750
Lease/Loan Proceeds 15,000 3,750 -
Interest on Investments 6,911 92,100 144,000
Transfers from Other Funds 1,956,514 2,115,450 2,220,740

TOTAL REVENUES $ 19,087,901 $ 19,953,420 $ 20,587,725

EXPENSES
General Administrative Office $ 2,601,053 $ 2,375,230 $ 2,217,735
Municipal Court 191,719 211,830 225,760
Fire 3,864,653 4,094,335 4,455,935
Police 5,018,523 5,306,265 6,306,660
Public Services 1,652,953 2,994,495 2,168,510
Parks 337,405 344,245 454,620
Community Services 645,987 1,298,665 1,438,130
Library 626,723 703,595 779,505
Inspections/Code Enforcement 716,644 880,920 1,019,505
Animal Services 471,756 466,995 544,165
Fleet Maintenance 457,526 642,885 677,065
Economic Development 170,177 311,265 260,850
Information Technology 398,732 420,250 462,285
Emergency Management - - 147,075
Communications - - 142,070
Transfer to Escrow Fund 244,681 67,720 73,480
Transfer to Capital Projects Fund 2,600,000 - -

TOTAL EXPENSES $ 19,998,532 $ 20,118,695 $ 21,373,350

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