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THE CITY OF SOUTH BEND
<br />2003 BUDGET -SUMMARY OF MAJOR CHANGES FROM 2002
<br />PARK NON-REVERTING (:APITAL (Fund #405)
<br /> 2001 2002 2002 Anticipated 2003
<br /> Actual Actual Budget Changes Budget
<br />REVENUE:
<br />Non-reverting Zoo Revenue 106,178 105,066 130,000 0 130,000
<br />Non-reverting Golf Course Revenue 108,337 105,425 143,000 0 143,000
<br />Non-reverting East Race Revenue 11,100 7,724 12,000 0 12,000
<br />Non-reverting Ice Rink Revenue 6,990 7,460 8,000 0 8,000
<br />Non-reverting Picnic Area Revenue 1,946 1,554 2,000 0 2,000
<br />Miscellaneous Revenue 14,019 91,356 7,000 0 7,000
<br />interest on Investments 8,754 1,817 8,000 (4,000) 4,000
<br />Total Revenue 257,324 320,402 310,000 (4,000) 306,000
<br />Total Revenue Increase/(Decrease) (4,000)
<br />Revenue Increase/(Decrease) as a Percent -1.3%
<br /> 2001 2002 2002 Anticipated 2003
<br /> Actual Actual Budget Changes Budget
<br />CAPITAL EXPENDITURES (note a):
<br />Park Mtce -East Race, Ice Skating Rink & Fores 14,545 25,614 38,600 12,900 51,500
<br />Goif Course -Land Improvements 0 0 10,000 (10,000) 0
<br />Goif Course -Building Improvements 26,995 11,151 35,000 (35,000) 0
<br />Golf Course -Equipment 62,837 91,793 85,000 22,100 107,100
<br />Potawatomi Zoo -Land Improvements 13,727 16,000 30,000 (14,000) 16,000
<br />Potawatomi Zoo -Building Improvements 19,622 107,944 59,500 (34,900) 24,600
<br />Potawatomi Zoo -Equipment _ 54,303 65,017 64,600 16,470 81,070
<br />Total Expenditures 192,029 317,519 322,700 42 430 280,270
<br />Revenue Over/(Under) Expenditures 65,295 2,883 1( 2,700)
<br />NOTES:
<br />a -The 2001 & 2002 expenditures reflect only cash expended during the year and do not include amounts unspent but
<br />encumbered as of the end of the year.
<br />PROJECTION OF CAPITAL FUNDS AVAILABLE FOR 2003
<br />Park Capital Fund cash balance as of 12/31/02
<br />Less: Encumbrances outstanding as of 12/31/02
<br />Park Non-Reverting Fund cash balance as of 12/31/02 -Available for 2003 Capital Projects
<br />2003 Budgeted Revenue (see above)
<br />2003 Budgeted Expenditures (see above)
<br />Projected Park Capital Fund cash balance as of 12/31/03 -Available for capital in 2004
<br />413,275
<br />(62,706)
<br />350,569
<br />306,000
<br />28( 0'270)
<br />726,868
<br />'2,i 5,730
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