2012-2013 Budget - City of Saginaw MI

Community Development Block Grant funding are: Residential Loans, Rental Loans, Block Grant HomeProgram, Neighborhood Stabilization Program I, II, and III SEDC Revolving Loan, and Section 108 Loan.Celebration Park Fund:Revenues and expenditures related to the construction and operation of the Frank N. Andersen – CelebrationPark is recorded in this fund. Assets of the facility are also recorded.ENTERPRISE FUNDSEnterprise Funds are used by a governmental entity to account for services provided to the general public on auser charge basis.Sewer Operations and Maintenance Fund:The sewer fund is used to account for the revenues and expenses associated with the provision of sewerservices to residential, commercial, and industrial establishments of the City as well as several municipalitiessurrounding the City.Water Operations and Maintenance Fund:The water fund is used to account for revenues and expenses associated with the provision of water service toresidential, commercial, and industrial establishments of the City as well as several municipalitiessurrounding the City.INTERNAL SERVICE FUNDSInternal Service Funds are used to account for goods and services provided to one department by another on a costreimbursement basis.Public Works Building Fund:This fund was established to account for all operating and capital expenses required to maintain the PublicWorks Service Center. Rent is charged to the departments occupying the building based on square footage.Technical Services – Geographical Information Systems Fund:This fund is used to account for the development and operation of the citywide geographical informationsystem. Money for the operation of this fund is supplied from contributions from other city funds.Technical Services – Information Service Fund:Computer and information services are provided to the City operating departments through this fund. Theoperation is financed by service charges levied against user departments and service contracts with othergovernmental agencies.Radio Operations Fund:This fund acquires, installs, and maintains two-way radio equipment for use by City operating departments.Rental fees are charged to using departments to recover the cost of maintaining and replacing equipment.31