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THE CITY OF SOUTH BEND
<br />2003 BUDGET -SUMMARY OF MAJOR CHANGES FROM 2002
<br />MOTOR VEHICLE HIGHWAY -STREETS DIVISION (Fund #202)
<br /> 2001 2002 2002 4nticipated 2003
<br /> Actual Actual Budget Changes Budget
<br />REVENUE:
<br />Gasoline Tax -MVH Distributions 3,116,994 2,996,407 2,996,402 297,086 a 3,293,488
<br />Charges for Services -Street Sweeping 8,940 8,940 8,940 0 8,940
<br />Interest on Investments 18,899 2,735 20,000 (15,000) 5,000
<br />Miscellaneous Revenue & Reimbursements 0 27,885 0 0 0
<br />Total Revenue 3,144,833 3,035,967 aozs_34z 3,307,428
<br />Total Revenue Increase/(Decrease) 282,086
<br />Revenue Increase/(Decrease) as a Percent 9.3%
<br />2001 2002
<br />Actual Actual
<br />EXPENDITURES:
<br />Personnel Costs:
<br />Salaries 2,343,565 2,356,064
<br />Benefits 582,674 620,381
<br />Total Personnel Costs 2,926,239 2,978,445
<br />Supplies: _
<br />Repairs & Maintenance Supplies 45,452 62,646 61,815 0 O (22,210) a 39,605
<br />Gasoline 1,139 0 0 0 0 0 0
<br />Street Materials 125,252 55,669 151,808 0 ` 0 (116,808) 35,000
<br />Uniforms 19,443 17,413 22,871 0 0 (5,871) a 17,000
<br />Aggregate -Stone, Sand, Gravel 12,837 18,272 10,302 0 0' 0 1 D,302
<br />Other Misc Supplies 10,511 8,831 7,585 0 12,119 4,534)
<br />Total Supplies 214,634 160,631 254,381 0~ (157,008) 97,373
<br />Services:
<br />Liability Allocation 82,891 96,912 96,912 p O 9,286 106,198
<br />Professional Services -Snow removal 17,617 0 0 - ~'- - - O. 0 0
<br />Radio Equipment & Repair 11,509 11,729 11,637 -0 Q 743 12,380
<br />Other Misc Services 10,488 23,348 18,615 0 0 4,775 a 23,390
<br />Total Services 122,505 131,989 127,184 ^-~ O - 14,804 141,968
<br />Other Charges:
<br />Admin Fees (General Fund) 100,516 102,370 102,370 0 0 (3,235) 99,135
<br />Central Services 1,154 962 962 0 0 136 1,098
<br />Total Other Charges 101,670 103,332 103,332 0 0 (3,099) 100,233
<br />Total Expenditures 3,385,048 3.374,397 3.701,948 103,050 (339,467) (238,225) 3.227,306
<br />2002 Salary Personnel Other 2003 % of
<br />Budget Ordinance Changes Changes Budget Change
<br />2,549,858 92,921 (306,102)b (77,044)c 2,259,633
<br />887,213 10,128 (33,365) b (15,878) d 628,098
<br />3,217,071 103,050 (339,487) (92,922) 2,887,732
<br />Total Expenditureslncrease/(Decrease)
<br />Expenditures Increase/(Decrease) as a Percent
<br />Revenue Over/(Under)Expenditures (220,215) (338.430)
<br />Excludinglnsuranceincrease
<br />"Excluding Insurance increase and fund transfer.
<br />(474,642)
<br />-12.8%
<br />80,122
<br />_-----
<br />(676,606)
<br />11.6%
<br />18.2% '
<br />-500.8 % "
<br />NOTES:
<br />a -Reflects the State Auditor's estimate guidelines.
<br />b -Represents the reclassification of three Heavy equipment Operator II from Equipment Operator III ($7,081) and elimination of 10 Equipment Operator II ($255,216).
<br />Also, special pay increase for the Director ($1,000), two managers ($2,580) and reclass for the Fiscal Officer from Auditor IV ($1,000) and Superintendent III from
<br />foreman VI ($4,800).
<br />c -Represents the decrease in extra and overtime.
<br />d -Includes an average cost increase of 13 % for the City's Self-Insurance Health Plan plus any necessary changes from last year's budget regarding
<br />coverage options chosen by employees (i.e., family, single or rebate). Also includes a reduction of the City's mandated contributions
<br />to the State's PERF Plan which was 3.00 % of total salary in 2002 to 3.25% in 2003. This rate is determined by the Indiana Board of
<br />Trustees of PERF on an annual basis.
<br />e - ReBects the transfer of funds ($4,683) to the telephone account to cover actual expenditures.
<br />CASH BALANCE PROJECTION (necessary to cover deficit budget)
<br />MVH Fund cash balance as of 12/31/02 280.783
<br />Less: Encumbrances outstanding as of 12/31/02 (72,493)
<br />MVH Fund cash balance available for 2002 operations 208,290
<br />2003 budget deficiUsurplus (above) 80,122
<br />Projected MVH Fund cash balance as of 12/31/03 360,905
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