2012-2013 Budget - City of Saginaw MI

City was able to obtain Build America funding to assist in construction at the Wastewater Treatment Plant. This was aone-time revenue source that will not be available during FY 2012. The FY 2013 Budget reflects a slight increase due thehigher appropriation of fund equity/retained earnings to be utilized for updating the Wastewater facilities.DETAIL REVENUES ANALYSIS2008/09 2009/10 2010/11 2011/12 2011/12 2011/12 2012/13Actual Actual Actual Approved Adjusted Projected ApprovedState Shared Revenues 0 0 0 0 0 0 0FEMA 5,664 0 0 0 0 0 0EPA Grant 381,671 0 0 238,900 0 0 0SRF Grant 0 0 994,845 0 0 0 0Miscellaneous FederalGrant 0 0 90 0 0 0 0IPP Permits 3,200 200 118 800 800 400 400Sale of Junk 0 0 0 0 0 689 0Sewer 15,953,373 19,925,216 20,722,848 20,604,952 20,604,952 18,891,803 21,000,000Sewer Connection 19,523 21,283 37,245 25,000 25,000 30,289 25,000IPP Testing and Sampling 63,960 72,515 97,143 40,000 40,000 136,123 55,000Material & Services 68,547 86,157 160,638 140,000 140,000 195,215 150,000IPP Fines & Charges 26,061 23,557 0 55,000 55,000 0 72,000Interest on Investments 24,092 22,284 11,462 15,000 15,000 4,686 15,000Interest on Spec. Assmt 2,224 650 245 2,500 2,500 0 2,500Interest & Penalties 438,485 547,654 615,312 450,000 450,000 587,252 450,000Special Assessments 186,970 52,614 (43,989) 52,600 52,600 47,105 52,600Surplus Receipts 5,088 3,962 8,161 3,000 3,000 21,241 3,000Reimbursements 0 0 0 0 0 214 0Gain/Loss on Invest. (17,769) 15,043 274 10,000 10,000 1,373 10,000Use of Fund Equity 1,483,653 0 0 2,031,389 10,362,998 5,070,811 3,811,379Bond Proceeds/SRF 0 0 0 1,735,000 1,735,000 1,771,864 1,500,000Total Revenues 18,644,780 20,771,135 22,608,681 25,404,141 33,496,850 26,759,065 27,146,879251