Page 53 - Saginaw FY24 Adopted Budget

CITY OF SAGINAW
BUDGET DETAIL
2023-2024

GENERAL ESCROW FUND

YEAR-END YEAR-END ADOPTED REVISED ADOPTED $
ACTUAL ACTUAL BUDGET BUDGET BUDGET INCREASE
2020-2021 2021-2022 2022-2023 2022-2023 2023-2024 (DECREASE)
REVENUES
HOTEL/MOTEL TAX - 15% $ 12,439 $ 18,714 $ 13,680 $ 13,680 $ 13,750 $ 70
INTEREST ON INVESTMENTS 13 262 100 100 840 740
HOTEL/MOTEL TAX - 85% 70,485 82,002 77,520 77,520 77,930 410
INTEREST ON INVESTMENTS 68 1,381 565 565 7,200 6,635
COURT TECHNOLOGY FEES 11,372 10,212 11,025 11,025 8,800 (2,225)
OTHER INCOME - - - - - -
INTEREST ON INVESTMENTS 2 98 40 40 60 20
COURT SECURITY FEES 13,021 12,025 12,840 12,840 10,375 (2,465)
INTEREST ON INVESTMENTS 58 902 410 410 4,800 4,390
INTEREST INCOME-SPRING CREEK ESCROW 43 618 275 275 3,300 3,025
INTEREST (MUNICIPAL PROPERTY) - - - - - -
GAS PRODUCTION PROCEEDS - - - - - -
INTEREST ON INVESTMENTS 0 1 - - - -
DONATIONS-TRAIN & GRAIN - - - - - -
INTEREST ON INVESTMENTS - - - - - -
M COURT JURY FEES 237 230 240 240 200 (40)
INTEREST EARNINGS 0 3 - - 60 60
INTEREST EARNINGS 19 569 205 205 5,100 4,895
INTEREST (MCLEROY TURN LANE) 40 585 265 265 3,120 2,855
INSURANCE CLAIMS 216,266 142,250 50,000 50,000 86,365 36,365
INTEREST (INSURANCE) 61 1,373 540 540 4,200 3,660
INTEREST (EQUIPMENT REPLACEMENT) 33 1,055 375 375 6,600 6,225
INTEREST (HIGHLANDS RD) - - - - - -
OTHER INCOME-INDUSTRIAL BLVD - - - - - -
INTEREST ON INVESTMENTS INDSTRL 89 1,295 575 575 7,200 6,625
OTHER INCOME-OLD DECATUR RD 163,875 - 533,380 533,380 - (533,380)
INTEREST ON INVESTMENTS ODR 325 5,215 2,340 2,340 - (2,340)
PID REIMB DEPOSIT 50,000 - - - - -
INTEREST ON INVESTMENTS PID 11 - - - - -
PID REIMB DEPOSIT - BELTMILL 50,000 78,534 - - - -
INTEREST ON INVESTMENTS PID 7 2 - - - -
OTHER INCOME - UCD MEDIAN CUT 92,693 61,603 - - - -
INTEREST ON INVESTMENTS 11 8 - - - -
OTHER INCOME - BLUE MOUND/INDUST 10,300 -
INTEREST ON INVESTMENTS 1 25 - - - -
INTEREST ON INVESTMENTS(INSUR SBLZ) 4 1,276 495 495 4,800 4,305
OTHER INCOME - MCLEROY SIDEWALKS 25,042 - - - -
INTEREST ON INVESTMENTS 150 75 75 840 765
OTHER INCOME - KNOWLES SIDEWALKS 18,892 - - - -
INTEREST ON INVESTMENTS 114 50 50 600 550
OTHER INCOME-OPIOD ABATEMENT -
INTEREST ON INVESTMENTS 300 300
TSF FROM GENERAL FUND 274,681 232,150 73,480 73,480 102,945 29,465
USE OF ESCROW BAL - BB - - - - - -
USE OF ESCROW BAL - COURT TECH - - - - - -
USE OF ESCROW BAL - GAS PROD - - - - - -
USE OF ESCROW BAL - INSURANCE - - - - - -
USE OF ESCROW BAL-H/M CHAMBER -
USE OF ESCROW BAL-HIGHLANDS RD - - - - - -
Total Revenues $ 966,153 $ 696,583 $ 778,475 $ 778,475 $ 349,385 $ (429,090)

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