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THE CITY OF SOUTH BEND <br />2003 BUDGET -SUMMARY OF MAJOR CHANGES FROM 2002 <br />COLLEGE FOOTBALL HALL OF FAME (Fund #377) <br /> 2001 2002 2002 4nticipated 2003 <br /> Actual Actual Budget Changes Budget <br />REVENUE: <br />Hotel /Motel Tax 462,376 433,185 27,806 a 460,991 <br />Professional Sports Development Fund Receipts 325,115 ~I 350,000 0 350,000 <br />Miscellaneous 325,678 7 f' 0 6,000 6,000 <br />Total Revenue 1,113,169 783,185 33,806 816,991 <br />2001 2002 2002 4nticipated 2003 <br />Actual Actual Budget Changes Budget <br />EXPENDITURES: <br />Transfer to National Football Foundation 1,047,731 778,457 783,185 27,806 c 810,991 <br />Total Expenditures 1,047,731 778,457 783,185 27,806 810,99'1 <br />Revenue Over / (Under) Expenditures 65,438 1,318 ~- U <br />~~ <br />6,000 <br />NOTES: <br />a -Reflects amount to be received from the Hotel /Motel Tax Board representing 1 % out of the 6% of total hotel /motel tax collected <br />county-wide. <br />b -Reflects estimated amount of interest earned. <br />c -Represents the City's commitment to transfer to the National Football Foundation the amount received from the Hotel /Motel Tax <br />Board (to be used for operations including the marketing of the Hall) and the estimated $350,000 from the Professional Sports <br />Development Fund to be used for capital upgrades. <br />