City of Saginaw, MI Fiscal Year 2026/2027 Budget Presentation

The City of Saginaw, MI presented its Fiscal Year 2026/2027 budget, totaling approximately $230.65 million, reflecting a 3% increase from the previous year. Significant procurement-related highlights include major capital improvement projects funded by state revolving loan bonds, such as sewer and water system upgrades, including an elevated storage tank and lead and copper line replacements. The sewer operation and maintenance fund increased by $18.64 million to $52.81 million, and the water operation and maintenance fund rose by $15.35 million to $66.52 million, both supporting these infrastructure projects. The capital project fund decreased by over $3 million due to the completion of the city hall HVAC renovation. The budget also allocates $100,000 for capital outlay purchases in parks and recreation, including the addition of a new division. The local street fund increased by $920,850, enabling the purchase of two plow trucks, while the rubbish collection fund includes the purchase of two front-end packer trucks. Internal service funds saw increases due to software costs and motor vehicle repairs. The budget reflects step increases in employee salaries and healthcare costs, with ongoing collective bargaining negotiations. Additionally, the city plans to allocate $20 million from a state grant toward groundbreaking a medical facility project. Overall, the budget supports multiple capital improvement projects, equipment acquisitions, and operational enhancements, with funding sourced from tax levies, state and federal grants, and loan bonds.