2008-2009 - Saginaw County

INTERNAL SERVICE FUNDS
Retiree Health Savings Plan Fund - This fund is used to account for the collection and distribution
of contributions to the County’s retiree health savings plan administrator. Money for the
operation of this fund is supplied by employer (County) and employee contributions. It is
subject to the informational budget summary requirements of Act 2 of the Public Acts of
1968, as amended.
MERS Retirement Fund - This fund is used to account for the collection and distribution of
contributions to the County’s defined benefit pension plan administrator. Money for the
operation of this fund is supplied by employer (County) and employee contributions. It is
subject to the informational budget summary requirements of Act 2 of the Public Acts of
1968, as amended
Information Systems and Services Fund - This fund is used to account for the operation of the
data processing function within the County. Money for the operation of this fund is
supplied from reimbursements from user departments. It is subject to the informational
budget summary requirements of Act 2 of the Public Acts of 1968, as amended.
Equipment Revolving Fund - This fund is used to account for the purchase of equipment for
departments within the County. Money for the operation of this fund is supplied by lease
payments from departments purchasing equipment. It is subject to the informational
budget summary requirements of Act 2 of the Public Acts of 1968 as amended.
Department of Public Works Administration Fund - This fund is used to account for the
preliminary work performed on DPW projects that benefit other local units of government.
Money for the operation of this fund is supplied from reimbursements from other local
units of government, and general fund contributions. It is subject to the informational
budget summary requirements of Act 2 of the Public Acts of 1968, as amended.
Local Site Remediation Revolving Fund - This fund is used by the Brownfield Redevelopment
Authority to assist in the financing of new Brownfield projects. Money for the operation of
this fund is supplied by tax increment revenue from previously funded Brownfield projects.
It is subject to the informational budget summary requirements of Act 2 of the Public Acts
of 1968, as amended.
Mailing Department Fund - This fund is used to account for the mailing services for various
departments throughout the County. Money for the operation of this fund is supplied
from user departments. It is subject to the informational budget summary requirements of
Act 2 of the Public Acts of 1968, as amended.
375