Page 10 - CityofSaginawFY26Budget
P. 10

CITY OF SAGINAW
                                                BUDGET HIGHLIGHTS
                                                           2025-2026



               POLICE EXPENDIBLE TRUST FUND:

                     This  fund  tracks  the  receipt  and  disbursement  of  confiscated  property  and  asset
                       forfeitures.

                     Expenses  include  supplies  and  training  for  the  canine  unit,  scheduling  software,  and
                       traffic data devices.

                     The fund is balanced with $23,660 of reserves used for these items.


               DRAINAGE UTILITY FUND:

                     In  January  2005  the  Saginaw  City  Council  approved  the  necessary  ordinances  to
                       establish  a  drainage  utility  within  the  city  and  adopted  the  utility’s  rates.    Fees  are
                       assessed on properties based on the amount of storm water runoff they produce.  Single
                       family residences are currently assessed a uniform base fee of $6.00 per month.  Other
                       properties, including multi-family, commercial and industrial, produce more storm water
                       runoff at a higher rate and are charged a fee based on the number of equivalent base
                       (residential) units adjusted for the use of the property.

                     The Drainage Utility Fund pays the salaries of three maintenance workers, one-half the
                       salary  of  the  environmental  specialist  and  the  environmental  manager.  Indirect
                       administrative costs are paid to the General Fund.  It also funds supplies, equipment and
                       drainage system improvements.

                     A third drainage maintenance worker is added in fiscal year 2025-2026.

                     Final design for Saginaw Boulevard System 3 is funded $1,000,000.

                     An  additional  $10,000  is  added  to  the  operating  budget  for  supplies  and  equipment
                       rental for drainage maintenance.

                     Funding for an excavator and trailer ($215,065) is included.

                     The fund balance at year end is estimated to be $1.4 million which will be used for future
                       drainage improvement projects.


               STREET MAINTENANCE FUND:

                     On May 12, 2007 the voters approved the ballot proposition imposing a one-eighth (1/8)
                       of one percent sales and use tax for the maintenance and repair of existing municipal
                       streets.  This tax was effective in April 2008, and revenues were received beginning in
                       June 2008.  The street maintenance tax was approved by voters in 2023 for an additonal
                       4 years.

                     We anticipate revenues of $632,245 for fiscal year 2025-2026.

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