2012-2013 Budget - City of Saginaw MI

REVENUE BUDGET SUMMARYPUBLIC WORKS BUILDING FUNDThe Public Works Building Fund is considered anInternal Service Fund for the City of Saginaw. Thismeans that this fund accounts for goods and/or servicesprovided to one department by another on a costreimbursement basis. The only source of revenue for thisfund is “Charge for Services”, which is anticipated to be$451,903 in FY 2013. This fund was established toaccount for all operating and capital expenditures tomaintain the Public Works Service Center. Rent ischarged to the departments occupying the building basedon square footage. The Public Works Building willdecrease by -13.24% or $68,974 for FY 2013 ApprovedBudget due to reductions in expenditures for FY 2013.SUMMARY OF REVENUES2008/09 2009/10 2010/11 2011/12 2011/12 2011/12 2012/13Actual Actual Actual Approved Adjusted Projected ApprovedServices - Sales 312,988 301,930 392,725 520,877 520,877 520,738 451,903Interest and Rents 0 32 243 0 0 0 0Other Revenues 0 23 2,562 0 0 0 0Total Revenues 312,988 301,985 395,530 520,877 520,877 520,738 451,903REVENUE TRENDS600,000Total Public Works BuildingRevenues Since 2002500,000400,000300,000200,000Total Public WorksBuilding Revenues100,000-The above graph reflects numerical data from FY 2008 – FY 2011 Actual Revenues, FY 2012 Approved Revenues, andFY 2013 Approved Budget. From FY 2001-2005 there has been minimal fluctuation in the revenues collected for thisfund. From 2006 through 2009 there is a slight increase in revenues yearly due to the increase in internal user feescollected in order to provide location services. There was a $161,293 increase in revenues from 2010 to 2011 due to anincrease in the fees charged to other departments. In FY 2013 revenues will decrease due to reductions in FY 2013expenditures for the fund.280