Page 236 - CityofSaginawFY25Budget

CITY OF SAGINAW
POLICE EXPENDABLE TRUST FUND

OVERVIEW OF REVENUES AND EXPENDITURES
2024-2025

The Police Expendable Fund was created to better track funds that are received and are to be used
for a specific purpose. These receipts will remain in the Police Expendable Fund until an
appropriate expense is approved by the City Council.

REVENUE:

Confiscated Property:
Confiscated Property is any money that is obtained by the police department that is logged into the
property room and is not involved with a chapter 59 seizure. Examples are found money, prisoner
money, evidence obtained through the course of an investigation, etc. If we’ve identified the owner
of the money we send them a certified letter to claim the money within 90 days.

Asset Forfeiture:
Asset Forfeiture account is any cash that is seized under Chapter 59 and awarded to the police
department by the District Court. This money has limitations on what it can be used for. A few
examples are as follows: equipment, supplies, or training-related expenses for the police department
only. It cannot be used to generate revenue for any other department in the city.

EXPENDITURES:

Supplies:

Any supplies related to public safety. Expenses for the canine unit are budgeted in these line items.

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