2012-2013 Budget - City of Saginaw MI

DETAIL REVENUES ANALYSIS2008/09 2009/10 2010/11 2011/12 2011/12 2011/12 2012/13Actual Actual Actual Approved Adjusted Projected ApprovedBlock Grant Entitlement 2,370,479 2,529,876 2,044,213 2,037,366 2,545,531 2,107,868 1,779,443Stewart McKinney Homeless 113,466 342,760 617,402 109,844 109,844 190,771 110,134Homeless P &R Program 0 0 0 306,600 306,600 0 227,000Interests on Investments 426 216 145 0 0 84 0Reimbursements 0 0 13,479 0 0 0 0Surplus Receipts 4,873 100 245 0 0 0 0Demolition Contracts 0 2,397 885 0 0 0 0Transfers In 0 106,455 0 0 0 0 0Total Revenues 2,489,244 2,981,804 2,676,369 2,453,810 2,961,975 2,298,639 2,116,577EXPENDITURE BUDGET SUMMARYThe total Community Development Block Grant Fundexpenditures will be $2,116,577 for FY 2013. Thisrepresents a -13.74% decrease from the FY 2012Approved Budget. Personnel Services Expenditures forpersonnel services will decrease by -2.75%. TheCommunity Development Block Grant Fund’s personnelcomplement will be 2.03 positions less than the 2012Approved Budget. These reduced numbers can beattributed to the complete reallocation of the AssistantDirector of Development from CDBG Funds to theGeneral Fund and elimination of both an Intern andResidential Rehabilitation Specialist position. OperatingExpenses for the Community Block Grant Funddecrease by $151,098, or -21.89% to coordinate with thedecreased Federal Entitlement allocation of CDBGfunding. Capital Outlay There are no capitalexpenditures for this fund in FY 2013. The category ofMiscellaneous Expenditures will be $868,593 for FY2013. This represents a decrease of $169,038, or -16.33% for the upcoming year.FUNDING LEVEL SUMMARY2008/09 2009/10 2010/11 2011/12 2011/12 2011/12 2012/13Actual Actual Actual Approved Adjusted Projected Approved6510 CDBG Administration 495,346 530,737 683,849 520,406 553,494 444,911 489,4716511 Special Projects 556,017 657,106 509,795 619,090 942,440 539,139 504,7656512 Economic Development 499,208 518,653 17,362 0 32,638 32,638 67,5006513 Econ. DevelopmentSubgrantees396,274 389,896 405,714 417,442 417,442 388,554 301,5406520 Saginaw Econ.Development Corp.150,212 148,956 126,928 135,857 141,178 114,161 166,7946572 Code Compliance 160,966 161,559 168,192 176,551 190,319 157,777 125,9156574 Subgrantees 107,071 180,586 258,317 165,000 265,000 226,075 123,4586585 McKinney Homeless 118,110 388,274 500,170 416,444 416,444 392,365 337,1349660 Transfers 6,040 6,040 6,040 3,020 3,020 3,020 0Total Expenditures 2,489,244 2,981,807 2,676,367 2,453,810 2,961,975 2,298,639 2,116,577210