Page 50 - CityofSaginawFY25Budget

CITY OF SAGINAW
CONSOLIDATED BUDGET SUMMARY BY FUND
SCHEDULE OF SOURCES AND USES OF FUNDS
AND CHANGES IN FUND BALANCE

PROPRIETARY FUNDS
Water/Wastewater Total Total Total
Escrow Enterprise All Funds All Funds All Funds
Fund Fund 2024-2025 2023-2024 2022-2023
(Adopted) (Revised) (Actual)
Revenues
Property Taxes $ - $ - $ 15,433,845 14,954,585 13,410,512
Sales Taxes 10,263,550 10,645,425 10,450,488
Other Taxes 201,400 78,415 300,368
Franchise Fees 1,776,155 1,650,000 1,783,344
Licenses,Permits,Fines/Fees - 2,288,080 2,475,430 1,716,865
Grant Assistance 29,000 110,735 376,302
Interest Income 7,200 450,000 2,083,020 4,556,625 4,151,056
Other Income 13,245 325,215 1,976,060 3,838,365 5,552,762
Charges for Services 10,855,090 11,875,090 13,542,000 14,237,157

Total Revenues $ 20,445 $ 11,630,305 $ 45,926,200 $ 51,851,580 $ 51,978,854
Other Financing Sources
Transfers from other funds $ 36,215 $ 494,450 $ 5,227,245 3,441,970 3,254,262
Bond Proceeds 4,200,000 7,200,000 - 17,191,874
Use of Bond Funds - - -
Use of Escrow Funds - - -
Use of Beginning Fund Balance - 12,500 990,735 7,044

Total Other Financing Sources $ 36,215 $ 4,694,450 $ 12,439,745 $ 4,432,705 $ 20,453,180
Total Available Resources $ 56,660 $ 16,324,755 $ 58,365,945 $ 56,284,285 $ 72,432,034

Operating Expenditures
General Gov't/Econ. Dev. $ - $ - $ 4,565,845 3,931,395 $ 3,466,179
Municipal Court 267,950 252,785 $ 235,681
Fire 5,730,045 5,023,075 $ 4,729,943
Police 7,457,915 7,409,045 $ 5,491,666
Community Services 2,743,405 2,582,765 $ 1,896,227
Library 1,023,340 990,115 $ 783,487
Public Works - 10,157,380 15,701,525 17,432,885 $ 15,487,032

Total Operating Expenditures $ - $ 10,157,380 $ 37,490,025 $ 37,622,065 $ 32,090,215
Other Financing Uses
Capital Outlay
General Gov't/Econ. Dev. $ - $ - $ 38,950 $ 20,960 $ 42,482
Municipal Court - $ 12,200 $ 10,135
Fire - $ - $ 4,639,856
Police 426,025 $ 836,500 $ 1,003,045
Community Services 30,000 $ 3,371,895 $ 25,000
Library - $ 6,756,955 $ 590,774
Public Works 5,959,005 12,695,670 $ 11,901,210 $ 11,326,625
Total Capital Outlay - 5,959,005 13,190,645 22,899,720 17,637,917
Debt Service 172,105 7,169,610 7,273,470 6,365,827
Transfer to Other Funds 360,000 1,300,820 5,226,670 3,111,150 3,244,127
Total Other Financing Uses $ 360,000 $ 7,431,930 $ 25,586,925 $ 33,284,340 $ 27,247,871

Total Uses of Resources $ 360,000 $ 17,589,310 $ 63,076,950 $ 70,906,405 $ 59,338,086
Change in Fund Balance $ (303,340) $ (1,264,555) $ (4,723,505) $ (15,612,855) $ 13,086,904
Beginning Fund Balance $ 791,674 $ 10,224,142 $ 69,060,482 $ 84,673,337 $ 71,586,433

Ending Fund Balance $ 488,334 $ 8,959,587 $ 64,336,977 $ 69,060,482 $ 84,673,337

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