2012-2013 Budget - City of Saginaw MI

RADIO OPERATIONS FUNDREVENUE BUDGET SUMMARYThe Radio Operations Fund is considered to be anInternal Service Fund of the City. That means that thisfund accounts for goods and/or services provided to onedepartment by another on a cost reimbursement basis.This fund provides radio repair and replacement to:Cemeteries, Community Public Safety – Police and Fire,Major and Local Streets, Rubbish Collection, Parking,Sewer, and Water Operations and Maintenance, andMotor Pool Operations. The major revenue source forthis fund is “Charge for Services”, which is anticipatedto be $111,888, in FY 2013. Other revenue sources forthis fund are Interest on Investments and theappropriation of unrestricted and undesignated FundBalance. In total for FY 2013, the Radio OperationsFund’s revenues will be $572,275, which is an increaseof $352,435, or 160.31% from the previous fiscal year.The City will appropriate $459,387 of the unrestrictedand uncommitted fund balance for the purpose ofreplacing the radio system.SUMMARY OF REVENUES2008/09 2009/10 2010/11 2011/12 2011/12 2011/12 2012/13Actual Actual Actual Approved Adjusted Projected ApprovedCharge for Services 216,181 0 213,310 37,236 37,236 37,236 111,888Interest and Rents 0 593 992 1,000 1,000 (1,578) 1,000Other Revenues 86 0 11 181,604 181,604 109,943 459,387REVENUE TRENDSTotal Revenues 216,267 593 214,313 219,840 219,840 145,601 572,275700,000600,000500,000400,000300,000200,000100,000-Total Radio Operations Revenues Since 2002Total Radio OperationsRevenuesThe above graph reflects numerical data from FY 2002 – FY 2011 Actual Revenues, and FY 2012 and FY 2013 ApprovedBudgets. Since 2001, revenues for this fund have been contingent on utilization by other funds. In FY 2010, the city onlyrecognized interest on investments. There were no purchases or repairs to any radio by user departments. In FY 2012,some user departments will be repaid for monies allocated in previous fiscal years. For FY 2013, revenues reflect asteady incline due to the city appropriating uncommitted and unrestricted fund balance in order to purchase a new radiosystem.294