Page 8 - CityofSaginawFY26Budget
P. 8
CITY OF SAGINAW
BUDGET HIGHLIGHTS
2025-2026
In Information Technology savings related to the email and network security are offset by
increases for computer replacements and telephone expense.
The vacant Emergency Management Coordinator position ($135,465) will be held vacant
in the proposed budget.
The General Fund balance will be reduced by $758,525 for one-time items.
DEBT SERVICE FUND:
The Adopted budget includes $7,526,450 funding for principal and interest payments.
An estimated use of $359,220 of property tax collections from the prior years will be
used for fiscal year 2025-2026 debt service. The estimated fund balance at year end will
be $1,093,092.
ENTERPRISE FUND:
The City of Saginaw purchases water from the City of Fort Worth. Fort Worth has
proposed a 6.75% increase in wholesale water rates.
The City of Fort Worth bills the City of Saginaw for wastewater treatment based on the
strengths and volume that pass through the system. Fort Worth has proposed a 2.69%
decrease in wastewater rates.
As a result of a current year rate study and long range rate model the City proposes an
increase of 3.25% in both water and wastewater fees. The strategy will be to have more
consistent and gradual increases to the rates instead of fluctuations from year to year.
The average customer using 8,000 gallons of water per month will see a monthly
increase of $2.22 as a result of the water and sewer rate changes.
Line item increases include funding for the new ERP system $36,665, increases for
water system maintenance and supplies $20,000, and increases for engineering
services $9,600.
The adopted budget includes: 30 water sampling stations ($42,750) and 50% funding
($25,000) for the home renovation incentive program, SHIP.
Funding is provided for a dump truck $129,000, a backhoe $175,070, and water meter
replacements $104,000.
Construction of the Fairmont 12” Sanitary Sewer Rehabilitation Phase 2 project
$1,995,000 is budgeted.
Construction of the W McLeroy 12” Water Line Project ($613,500) will be partially funded
with water impact fees ($394,500).
Replacement of water lines in conjunction with Phase 1 of the Opal Street reconstruction
($900,000).
7