Page 35 - CityofSaginawFY25Budget

CITY OF SAGINAW

BUDGET HIGHLIGHTS

2024-2025

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

$325,000 funding is provided for street repairs to be identified by the pavement management system.

The $60,000 reduction to contract maintenance reflects the change to in-house crack seal as a result of the current
year purchase of a crack seal machine

Street projects include Phase 1 of the Opal Street reconstruction $750,000 and Tarrant County mill and overlay of
E McLeroy Boulevard from Lavonne to Blue Mound Road $176,000 and E McLeroy Boulevard from Burlington
to Saginaw Boulevard $52,700.

The fund balance at year end is estimated to be $1.7 million which will be used for future street maintenance
projects.

DONATIONS FUND

The Donations Fund is used to track funds received through water bill donations and direct donations to the City
for specific purposes. Currently Animal Services, Parks, Library, Senior Center, Fire, Police, Train and Grain
Festival, Beautification, and community events have donation funds available for expenditure.

Recurring expenses in this fund include the annual Fire Camp and Easter egg hunt from Fire donations, highway
mowing, seasonal landscaping, and holiday lighting from Beautification donations, supplies and animal care from
Animal Shelter donations, Senior Center supplies from Senior Center donations, and books, data processing
expense, supplies, and special programming from Library donations. Parks donations fund the ongoing cost of the
outdoor early weather warning system. It is anticipated that the Train and Grain Festival will be held in 2025 and
will be funded through donations.

Library donations will fund seasonal student apprentices. The seasonal positions will enable the library to meet the
higher demands of the summer season.

Beautification donations will continue a public art program ($30,000).

Tree planting at City parks is funded with Park donations $5,000 and Beautification donations $5,000.

GENERAL ESCROW FUND

The General Government Escrow Fund was created in FY 2014-2015 to better track funds that are received and to
be used for a specific purpose. The types of revenues budgeted in this fund are: hotel/motel tax, court technology
fees, court security fees, developer contributions toward future infrastructure construction, and insurance
deductibles and settlements.
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