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City of South Bend, Indiana <br />Rainy Day Fund 102 Revenue and Expenditures - Cash Basis <br />December 31, 2016 - 2015 <br />12/31/2015 12/31/2016 Amount Percentage <br />Name Actual Actual Change Change <br />Revenue <br /> Local Income Tax Distribution (1)0 1,405,850 1,405,850 100.00% <br /> Interest Earnings 49,919 86,416 36,497 73.11% <br /> Total Revenue 49,919 1,492,266 1,442,347 2889.37% <br /> <br />Expenditures <br /> Expenditures 0 0 0 0.00% <br /> Total Expenditures 0 0 0 0.00% <br /> <br /> Net Surplus 49,919 1,492,266 <br /> Beginning Cash Balance 8,632,917 8,678,882 <br /> Balance Sheet Adjustments (3,954)(4,657) <br /> Ending Cash Balance 8,678,882 10,166,491 <br /> Outstanding Encumbrances 0 0 <br /> Ending Cash net of Encumbrances 8,678,882 10,166,491 <br /> Rainy Day Fund Cash Resrves Target 10,883,738 10,883,738 <br /> (3% of total expenditures - 2017 budget) <br />(1) 25% of Special LOIT Distribution authorized by the State of Indiana per SEA No. 67. Received May 6, 2016. <br />Administration/Finance 1/26/2017 Page 3