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Introduction <br />Cash vs Accrual Basis <br />Reading the Graphs <br />Revenues and Expenditures <br />provide information about the <br />activity within each year and <br />are indicated by the blue and <br />orange bars. Their values are <br />read along the left vertical axis. <br />Ending Cash Balances provide <br />the position at the end of each <br />period and is indicated by the <br />black trend line. Its value is <br />read along the right vertical <br />axis. <br />The report was prepared on a cash basis from data found in the City's Naviline accounting system. In Indiana, <br />local government budgets are prepared on a cash basis rather than the accrual or modified accrual basis that is <br />used for year-end financial reporting. The values shown annually are thus based on actual receipts or <br />disbursements of cash. By comparison, most larger businesses operate on an accrual basis, where revenues or <br />disbursements include amounts that are soon to be received or paid. <br />The graphs contained in this report are known as combination graphs because they contain more than one kind <br />of data element. The typical graph looks like this: <br />An increase or decrease in the cash balance can be explained by a corresponding increase or decrease in <br />revenues/expenditures. For example, the sharp drop in the cash balance in 2008, as seen above, was the result <br />of much lower revenue income that year. The revenue was subsequently received in the following year as <br />indicated by the very large revenue bar in 2009 and, thus, the cash balance was restored to roughly its same <br />level as before. <br />The City of South Bend Department of Administration and Finance has prepared this report of revenue and <br />expenditures by fund for the period 2000 through the 2017 budget year. The purpose of the report is to <br />summarize the trends and provide historical context in fund revenue and expenditures over an extended period of <br />time. <br />If you have any questions, please contact John Murphy, City Controller, at (574) 235-7678 or Jennifer <br />Hockenhull, Deputy City Controller, at (574) 235-9822. <br />Fund Revenue and <br />Expenditures Report Introduction 2