2012-2013 Budget - City of Saginaw MI

EXPENDITURE BUDGET SUMMARYThe total Neighborhood Stabilization Program Fundexpenditures will be $11,018,086 for FY 2013. Thisrepresents a -3.91% decrease from the FY 2012Approved Budget. Personnel Services Expenditures forpersonnel services will decrease by -61.99% or$181,957. Moreover, the number of position budgeted inthis fund will decrease by 1.84 FTEs. These reductionscan be attributed to the reallocation of all NSP personnelto other funds with the anticipated completion of theentire Neighborhood Stabilization Program in the springof 2013. Operating Expenses for the NeighborhoodStabilization Program Fund will decrease by $267,275,or -2.39%. This decrease can be attributed to reductionsin monies for demolitions and house acquisitions.Capital Outlay There are no capital expenditures for thisfund. No Miscellaneous Expenditures are budgeted forFY 2013.FUNDING LEVEL SUMMARY2008/09 2009/10 2010/11 2011/12 2011/12 2011/12 2012/13Actual Actual Actual Approved Adjusted Projected ApprovedNSP I 0 2,419,373 728,925 205,000 205,000 4,956 0NSP II 0 395,712 3,664,032 10,020,000 10,020,000 5,925,807 10,000,000NSP III 0 0 0 1,242,318 1,242,318 817,216 1,018,086Total Expenditures 0 2,815,085 4,392,957 11,467,318 11,467,318 6,747,978 11,018,086FUNDING LEVEL BY CATEGORY2008/09 2009/10 2010/11 2011/12 2011/12 2011/12 2012/13Actual Actual Actual Approved Adjusted Projected ApprovedPersonnel Services 0 6,536 196,781 293,512 293,512 286,027 111,555Operating Expenses 0 2,723,544 4,194,704 11,173,806 11,173,806 6,461,951 10,906,531Capital Outlay 0 1,370 1,472 0 0 0 0Miscellaneous 0 83,635 0 0 0 0 0Total Expenditures 0 2,815,085 4,392,957 11,467,318 11,467,318 6,747,978 11,018,086SUMMARY OF POSITIONS2008/09 2009/10 2010/11 2011/12 2011/12 2011/12 2012/13Actual Actual Actual Approved Adjusted Projected Approved6551 NSP II 0.00 0.00 3.10 2.75 2.75 2.75 0.91Total Positions 0.00 0.00 3.10 2.75 2.75 2.75 0.91The following “Expenditure Detail” page will outline the total amounts allocated in FY 2012/2013 by employee cost, operatingexpenses, capital outlay, and miscellaneous cost. Please refer to “How To Use the Budget Document” for better clarification forthe Operating Expenses categories.229