2012-2013 Budget - City of Saginaw MI

EXPENDITURE BUDGET SUMMARYThe total Celebration Park Fund expenditures will be$190,779 for FY 2013. Personnel Services is projectedto decrease by $3174, or -13.43% because three parkattendant positions were eliminated from thecomplement. Operating Expenses Celebration Parkoperating expenses will decrease by $18,500, or –40.65%. This reduction in operating expenses can beattributed to General Fund Loan Payment and expensesrelated to construction. Capital Outlay will be $5,000 tocover the cost related to resealing the splash pad twice ayear. The category of Miscellaneous Expenditures willbe $138,326 for the upcoming year. This will gotowards eliminating the negative fund appropriationrequired under the Celebration Park Debt EliminationPlan.FUNDING LEVEL SUMMARY2008/09 2009/10 2010/11 2011/12 2011/12 2011/12 2012/13Actual Actual Actual Approved Adjusted Projected Approved7580 Celebration Park 38,034 8,149 609,547 71,127 231,127 57,798 190,779Total Expenditures 38,034 8,149 609,547 71,127 231,127 57,798 190,779FUNDING LEVEL BY CATEGORY2008/09 2009/10 2010/11 2011/12 2011/12 2011/12 2012/13Actual Actual Actual Approved Adjusted Projected ApprovedPersonnel Services 0 0 23,066 23,627 23,627 20,474 20,453Operating Expenses 38,034 4,844 586,481 45,500 207,500 37,324 27,000Capital Outlay 0 3,305 0 2,000 0 0 5000Miscellaneous 0 0 0 0 0 0 138,326Total Expenditures 38,034 8,149 609,547 71,127 231,127 57,798 190,779SUMMARY OF POSITIONS2008/09 2009/10 2010/11 2011/12 2011/12 2011/12 2012/13Actual Actual Actual Approved Adjusted Projected Approved7580 Celebration Park 0.00 0.00 10.00 10.00 10.00 10.00 7.00Total Positions 0.00 0.00 10.00 10.00 10.00 10.00 7.00The following “Expenditure Detail” page will outline the total amounts allocated in FY 2012/2013 by employee cost,operating expenses, capital outlay, and miscellaneous cost. Please refer to “How To Use the Budget Document” forbetter clarification for the Operating Expenses categories.236