2012-2013 Budget - City of Saginaw MI

OTHER GENERAL FUNDEXPENDITURE BUDGET SUMMARYThe use of this group of accounts is to reflect expensesin the General Fund which are not directly related to anyone particular departmental operation. Examplesinclude retire health insurance, unemploymentcompensations, subsidies to other local governmentalunits, contribution to other organizations payment toother governmental units, and debt service. The last setof accounts in this group is transfers to other funds,which is used to reflect transfers to other city funds andrelated entities, to supplement operations, such as thePublic Safety Millage and Public Safety Grant Funds.The total Other General Fund Expenditures will be$2,896,309 for the 2012/13 Approved Budget. Thisrepresents a decrease of $211,240, or -6.80% from the2012 approved budgeted levels. A reduction in theseaccounts is attributed to the $743,251 decrease to theRetiree Health Division due to the reallocation of retireehealthcare cost to the Unfunded Liabilities Fund. Thisreallocation is possible due to the contributions made tothe Unfunded Liabilities Fund from the General Fund inprevious fiscal years.This reduction in the total Other General Fund Serviceswill be offset by the following increases:Unemployment Division will increase by $52,825 forthe General Fund portion of the Michigan Claims Tax;Saginaw Housing Commission will increase by $7,269for the continual cost to provide retiree healthcareinsurance; GIS Charges will increase by $16,833 for theredistribution of the GIS Charges to users of the system;and Operating Transfers will increase by $455,084 foran increase in the subsidy to the Public Safety GrantFunds, Public Safety Millage Fund, GM Tower Fund forthe Saginaw Future contract, and to recognize theenergy efficiency savings for the Clean EnergyCoalition Fund, in accordance with the grant agreement.FUNDING LEVEL SUMMARY2008/09 2009/10 2010/11 2011/12 2011/12 2011/12 2012/13Actual Actual Actual Approved Adjusted Projected Approved8510 Retiree HealthInsurance 1,683,782 1,963,727 2,262,009 2,006,863 2,096,173 2,326,451 1,263,6128520 UnemploymentCompensation 68,570 40,775 36,991 45,000 35,000 28,261 97,8258525 Saginaw HousingCommission 142,387 201,204 162,738 165,921 165,921 159,977 173,1908540 Contributions 1,000 1,000 6,000 1,000 1,000 1,000 1,0008541 Pmt to Other Govts 0 0 0 0 2,659 2,659 08547 GIS Charges 63,320 51,815 51,782 57,287 57,287 57,287 74,1209660 Transfers 1,171,609 875,255 1,467,175 831,478 863,846 799,602 1,286,562Total Expenditures 3,130,668 3,133,776 3,986,695 3,107,549 3,213,748 3,375,236 2,896,309FUNDING LEVEL BY CATEGORY2008/09 2009/10 2010/11 2011/12 2011/12 2011/12 2012/13Actual Actual Actual Approved Adjusted Projected ApprovedOther General FundExpenditures 3,130,668 3,133,776 3,986,695 3,107,549 3,213,748 3,375,236 2,896,309Total Expenditures 3,130,668 3,133,776 3,986,695 3,107,549 3,213,748 3,375,236 2,896,309119