Page 15 - Saginaw FY24 Adopted Budget

CITY OF SAGINAW
BUDGET HIGHLIGHTS
2023-2024

CAPITAL PROJECTS FUND:

• The balance of funding for projects not completed in the current year will be rolled
forward for completion in FY23/24. The projects that may be rolled forward include: Old
Decatur Road, West McLeroy Blvd, intersection improvements at Industrial and Blue
Mound Road, Library/Senior Center, and Parks Projects.

• Additional funding for construction of Knowles Drive Phases 2 and 3 from previously
issued bonds ($8,371,270) is included.

• The remaining Tarrant County reimbursement for Knowles Phase 1 construction is
estimated to be $335,000 in this fiscal year.

CCPD FUND:

• The voters approved an additional one-half cent sales tax for use by the Crime Control
and Prevention District (CCPD) in November 1997. The additional sales tax went into
effect on April 1, 1998, and revenues were received beginning in June 1998. The district
was continued for five years in 2002. In 2007 and 2017, the tax was continued for ten
years and reduced to three eighths (3/8) of one percent with the remaining eighth used
for street maintenance.

• Sales tax revenues are estimated to be $1,807,485 which is the same as the current
year estimate.

• The Crime Control and Prevention District will provide for the salaries and benefits of
eleven and one-half patrol officers, a public services officer, and a dispatcher.

• The ongoing cost of body worn cameras, tasers, and mobile terminals is included in the
budget $76,810. Additional funding of $4,000 is provided for crime prevention and
community engagement programs.

• Funding for license plate reader cameras is included in the adopted budget ($90,500).

• Four patrol vehicles with associated equipment ($332,075), 4 ticket writers ($12,000),
and 5 radios ($30,625) will be replaced.

• The fund is balanced with $133,410 of reserves used for these one-time items.

POLICE EXPENDIBLE TRUST FUND:

• This fund tracks the receipt and disbursement of confiscated property and asset
forfeitures.

• Expenses include supplies and training for the canine unit.

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