Page 48 - CityofSaginawFY25Budget

CITY OF SAGINAW
CONSOLIDATED BUDGET SUMMARY BY FUND
SCHEDULE OF SOURCES AND USES OF FUNDS
AND CHANGES IN FUND BALANCE
GOVERNMENTAL FUNDS
Debt Capital Police
General Service Projects CCPD Expendable
Fund Fund Fund Fund Fund

Revenues
Property Taxes $ 8,510,845 $ 6,751,580 $ - $ - $ -
Sales Taxes 7,649,320 1,976,215
Other Taxes 66,000 12,000
Franchise Fees 1,776,155
Licenses,Permits,Fines/Fees 2,167,515
Grant Assistance 29,000 -
Interest Income 840,000 150,000 375,240 48,000 800
Other Income 264,345 450,000 -
Charges for Services

Total Revenues $ 21,303,180 $ 6,913,580 $ 825,240 $ 2,024,215 $ 800
Other Financing Sources
Transfers from other funds $ 3,011,970 $ - $ 1,581,665 $ - $ -
Bond Proceeds 3,000,000
Use of Bond Funds -
Use of Escrow Funds -
Use of Beginning Fund Balance - - - 12,500

Total Other Financing Sources $ 3,011,970 $ - $ 4,581,665 $ - $ 12,500
Total Available Resources $ 24,315,150 $ 6,913,580 $ 5,406,905 $ 2,024,215 $ 13,300

Operating Expenditures
General Gov't/Econ. Dev. $ 4,369,845 $ - $ - $ - $ -
Municipal Court 253,440
Fire 5,710,045
Police 7,201,065 244,350 12,500
Community Services 2,640,775
Library 967,715
Public Works 4,980,645 -

Total Operating Expenditures $ 26,123,530 $ - $ - $ 244,350 $ 12,500
Other Financing Uses
Capital Outlay
General Gov't/Econ. Dev. $ - $ - $ - $ -
Municipal Court -
Fire
Police 426,025 -
Community Services
Library
Public Works 5,110,625 -
Total Capital Outlay - - 5,110,625 426,025 -
Debt Service 6,997,505
Transfer to Other Funds 102,495 - - 1,507,125
Total Other Financing Uses $ 102,495 $ 6,997,505 $ 5,110,625 $ 1,933,150 $ -

Total Uses of Resources $ 26,226,025 $ 6,997,505 $ 5,110,625 $ 2,177,500 $ 12,500
Change in Fund Balance $ (1,910,875) $ (83,925) $ 296,280 $ (153,285) $ (11,700)
Beginning Fund Balance $ 14,298,368 $ 1,471,756 $ 31,981,156 $ 1,157,750 $ 24,276

Ending Fund Balance $ 12,387,493 $ 1,387,831 $ 32,277,436 $ 1,004,465 $ 12,576

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