Page 16 - Saginaw FY24 Adopted Budget

CITY OF SAGINAW
BUDGET HIGHLIGHTS
2023-2024

DRAINAGE UTILITY FUND:

• In January 2005 the Saginaw City Council approved the necessary ordinances to
establish a drainage utility within the city and adopted the utility’s rates. Fees are
assessed on properties based on the amount of storm water runoff they produce. Single
family residences are currently assessed a uniform base fee of $6.00 per month. Other
properties, including multi-family, commercial and industrial, produce more storm water
runoff at a higher rate and are charged a fee based on the number of equivalent base
(residential) units adjusted for the use of the property.

• The Drainage Utility Fund pays the salaries of two maintenance workers, one-half the
salary of the environmental specialist and the environmental assistant. It also funds
supplies, equipment and drainage system improvements.

• Construction will continue on the final phase of the East Cement Creek drainage
improvements.

• An additional $2,000 is added to the operating budget for contract tree trimming and
removal. $5,000 is added for CDL training for new hires.

• The fund balance at year end is estimated to be $1.3 million which will be used for future
drainage improvement projects.

STREET MAINTENANCE FUND:

• On May 12, 2007 the voters approved the ballot proposition imposing a one-eighth (1/8)
of one percent sales and use tax for the maintenance and repair of existing municipal
streets. This tax was effective in April 2008, and revenues were received beginning in
June 2008. The street maintenance tax was approved by voters in 2023 for an additonal
4 years.

• We anticipate revenues of $633,815 for fiscal year 2023-2024.

• These revenues will be be used for general street repairs that are identified as part of
the pavement management program.

• Increases are included for sidewalk replacement due to the increased cost of materials.

• $900,000 funding is provided for street repairs to be identified by the pavement
management system.

• The fund balance at year end is estimated to be $82,858 which will be used for future
street maintenance projects.

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