Page 67 - GFOA Draft 2

CITY OF SAGINAW
BUDGET DETAIL
2022-2023

General Fund Major Revenue Sources

Current Property Sales Tax Transfers In
Taxes - 34% 31% 10%

License, Permits, Franchise Fees Other Income
Fines, and Fees- 8% 8% 4%

Use of Fund Balance Interest on Proceeds From
4% Investments Lease/Loan - 0%
1%

Grant Assistance
0%

ADOPTED
ACTUAL ACTUAL ACTUAL REVISED
DESCRIPTION 2018-2019 2019-2020 2020-2021 2021-2022 BUDGET
2022-2023
Current Property Taxes $5,485,381 $5,927,468 $6,428,906 $6,935,785 $7,166,080
Sales Tax 5,153,399 5,499,512 6,679,922 7,085,130 6,700,000
Franchise Fees 1,764,936 1,612,022 1,561,343 1,658,255 1,648,000
License, Permits, Fines, and Fees 1,984,747 1,486,996 1,959,563 1,542,165 1,731,090
Other Income 433,548 1,640,378 424,791 440,785 934,065
Grant Assistance 53,987 54,518 54,950 80,000 43,750
Interest on Investments 295,148 113,140 6,911 92,100 144,000
Transfers In 1,797,112 1,884,758 1,956,514 2,115,450 2,220,740
Proceeds from Lease/Loan - 5,000 15,000 3,750 -
Use of Fund Balance - - - - 785,625

TOTALS $ 16,968,259 $ 18,223,792 $ 19,087,901 $ 19,953,420 $ 21,373,350

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