Page 21 - Saginaw FY24 Adopted Budget

CITY OF SAGINAW
BUDGET SUMMARY TRANSFERS- ALL FUNDS
2023-2024

CAPITAL DRAINAGE GENERAL W/WW
GENERAL ENTERPRISE PROJECTS CCPD UTILITY DONATIONS ESCROW ESCROW TOTAL
DESCRIPTION FUND FUND FUND FUND FUND FUND FUND FUND ALL FUNDS
TRANSFERS IN
From General Fund $ - $ - $ - $ - $ - $ - $ 102,945 $ - $ 102,945
From Enterprise Fund 1,075,390 - 36,215 1,111,605
From CCPD Fund 1,328,845 - 1,328,845
From Drainage Fund 140,245 123,600 - 263,845
From Donations Fund 10,530 - 10,530

From General Escrow Fund 9,500 - 9,500
From W/WW Escrow Fund 451,000 451,000
TOTAL TRANSFERS IN $ 2,564,510 $ 574,600 $ - $ - $ - $ - $ 102,945 $ 36,215 $ 3,278,270

TRANSFERS OUT
To General Fund $ - $ 1,075,390 $ 1,328,845 $ 140,245 $ 10,530 $ 9,500 $ - $ 2,564,510

To Capital Projects Fund - - - $ -
To Enterprise Fund 123,600 451,000 $ 574,600
To W/WW Escrow Fund 36,215 - - - - - - $ 36,215
To General Escrow Fund 102,945 $ 102,945

TOTAL TRANSFERS OUT $ 102,945 $ 1,111,605 $ - $ 1,328,845 $ 263,845 $ 10,530 $ 9,500 $ 451,000 $ 3,278,270
EXPLANATION OF TRANSFERS
The General Fund recieves transfers from:
Enterprise Fund for indirect costs such as Information Systems services, Administrative oversight, audit services, legal services, and building overhead
costs. The Enterprise Fund also pays a portion of the cost of Fleet Maintenance.
CCPD Fund for the salaries and benefits of 11.5 patrol officers, 1 public services offficer, and 1 dispatcher.

Drainage Fund for the salaries and benefits of 2 drainage utility maintenance workers.
Donations Fund for the salaries of seasonal part time student apprentices.
General Escrow Fund for the overtime of police officers acting as bailiff for the Municipal Court.
The Enterprise Fund receives transfers from:
Drainage Fund for 1/2 the salary and benefits of the environmental sepecialist and environmental assistant.
W/WW Escrow Fund for impact fee funding of water and wastewater capital projects.
The General Escrow Fund recieves transfers from:
General Fund for the annual contrubtion to the equipment replacement escrow

The Enterprise Escrow Fund recieves transfers from:

Enterprise Fund for the annual contribution to the equipment replacement escrow

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