2012-2013 Budget - City of Saginaw MI

REVENUE ANALYSIS DETAIL2012/2013 APPROVED BUDGET2012 2012 20132009 2010 2011 Approved Adjusted 2012 ApprovedActual Actual Actual Budget Budget Projected BudgetTAXESReal Property 3,054,522 3,048,773 3,003,018 2,882,345 2,922,345 3,030,432 2,935,894Real Property - IFT 3,961 0 0 2,985 2,985 0 760Personal Property 406,318 407,339 448,883 596,080 596,080 492,430 615,269Personal Property - IFT 29,160 0 0 11,826 11,826 0 5,470Personal Property - DPPT 0 0 2,069 5,000 5,000 23,473 56,051Property Taxes, - PY Refunds 0 0 0 0 0 0 1,039,507Property Taxes - Chargeback (251,240) (219,551) (642,842) 0 (300,000) (6,361) (30,000)Penalties & Interest 178,953 283,371 66,791 135,000 135,000 89,246 135,000Tax Administration Fees 346,628 286,076 295,946 345,000 345,000 281,444 282,476PROPERTY TAX 3,768,302 3,806,008 3,173,865 3,978,236 3,718,236 3,910,665 5,040,427Housing Commission 0 0 15,344 0 0 15,201 0Birch Park 39,693 0 0 12,730 12,730 0 15,000Bancroft Eddy 0 0 0 0 0 0 0P. I. L. O. T. TAXES 39,693 0 15,344 12,730 12,730 15,201 15,000City Income Taxes 11,406,487 10,837,940 11,295,505 10,850,000 10,850,000 10,015,224 11,051,000Delinq City Income Tax 954,642 969,624 944,804 950,000 953,439 1,012,578 971,879425 Agreement Refund (1,765) (4,745) (4,596) 0 0 (4,371) 0INCOME TAXES 12,359,364 11,802,819 12,235,713 11,800,000 11,803,439 11,023,431 12,022,879TOTAL TAXES 16,167,359 15,608,827 15,424,922 15,790,966 15,534,405 14,949,296 17,078,306INTERGOVERNMENTALEVIP 0 0 0 0 3,709,890 3,374,214 3,374,216Statutory 5,955,258 4,997,074 5,428,708 3,970,054 0 0 0Constitutional 4,034,558 3,887,868 3,456,234 4,001,497 4,001,497 3,664,967 3,697,591Inventory Tax Reimb. 0 0 0 0 0 0 0Liquor Licenses 38,087 36,414 35,085 36,400 36,400 35,188 36,400State Grants 293,875 44,047 66,349 0 0 0 0STATE SHARED REV. 10,321,778 8,965,403 8,986,376 8,007,951 7,747,787 7,074,369 7,108,207FEMA 96,803 (292) 96,860 50,000 32,298 32,298 0Homeland Security Training 1,978 632 712 5,000 45,000 27,241 5,000Federal Grants 18,349 320,083 12,596 35,941 0 (12,596) 9,240EECBG 0 31,396 208,252 0 357,799 326,552 0HUD 0 0 340,021 351,112 289,133 0Police Drug Overtime 134,968 149,985 120,044 120,415 120,415 182,926 120,000Miscellaneous 22,795 0 315 0 0 0 0Reimbursement/Medicare 239,976 333,130 1,237,353 500,000 673,531 705,859 500,000GRANTS 514,869 834,934 2,016,153 711,356 1,580,155 1,551,414 634,240TOTAL INTERGOV'TAL 10,836,647 9,800,337 11,002,529 8,719,307 9,327,942 8,625,782 7,742,44765