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THE CITY OF SOUTH BEND
<br />FIVE YEAR FINANCIAL FORECA;iT
<br /> 2004 2005 2008 2007 2008 AVG
<br />CUM CAPITAL IMPROVEMENT FUND BUDGET FORECAST FORECAST FORECAST FORECAST 4 YR CHG
<br />Revenue:
<br />State Cigarette Tax Distribution $ 410,676 410,876 410,676 410,676 410,676 0.0°~
<br />Other Revenue 200,000 200,000 200,000 200,000 200,000 0.0%
<br />Total CCIF Revenue 810,878 810,876 810,878 810,678 810,878 0.0°k
<br />Expenditures:
<br />Debt Service -Century Center Bond 590,110 594,000 594,000 594,000 594,000 0.2%
<br />Total CCIF Debt Service Expenditures 590,110 594,000 594,000 594,000 594,000 0.2%
<br />Revenue Net of Debt Service Expenditures 20,568 18,678 18,876 16,878 18,876
<br />Cash Available on 1/1/04 for Capital Expenditures 0 Na Na n/a Na
<br />Less: 2004 Capital Budget 0 Na Na Na n/a
<br />
<br />Funds Available for Future Capital Expenditures ; 20,588 16,678 18,676 18,876 18,878
<br />
<br />ECONOMIC DEVELOPMEINT INCOME TAX
<br />Revenue:
<br />Economic Developmt Income Tax $ 3,582,215 3,653,859 3,726,936 3,801,475 3,877,505 2.1°~
<br />Investment Income 35,000 35,000 35,000 35,000 35,000 0.0%
<br />Other Revenue 108,000 108,000 108,000 108,000 125,000 3.9%
<br />Total EDff Revenue 3,725,215 3,796,858 3,869,938 3,944,475 4,037,505 2.1%
<br />Operating Expenditures:
<br />Grants and Subsidies for Eton Developmt 588,382 803,071 818,148 633,602 649,442 2.6°r6
<br />Debt Service -Various Bonds 2,775,442 2,761,409 2,773,464 2,758,011 2,758,011 -0.2°~
<br />Total EDR Operating Expenditun~ 3,363,804 3,364,480 3,391,612 3,391,612 3,407,452 0.3°~
<br />Revenue Net of Operating Expenditures 361,411 432,379 478,324 552,863 630,052
<br />Cash Available on 1/1/04 for Capital Expenditures 1,654,201 n/a n/a n/a n/a
<br />Less: 2004 Capital Budget (1,654,201) n/a n/a n/a n/a
<br />
<br />Funds Available for Future Capital Expenditures $ 381,411 432,379 478,324 552,863 630,052
<br />
<br />EMS CAPITAL IMPROVEMENT
<br />Revenue:
<br />Charges for Services $ 1,400,000 1,442,000 1,485,260 1,529,818 1,575,712 3.1%
<br />Investment Income 0 0 0 0 0 ERR
<br />Other Revenue 4,800 4,800 4,800 4,800 4,800 0.0%
<br />Total EMS Capital Revenue 1,404,800 1,446,800 1,480,060 1,534,818 1,580,512 3.1%
<br />
<br />Expenditures:
<br />Debt Service -Finance Leases 398,655 225,228 92,007 91,679 91,679 -19.3%
<br />Collection Fees 12,500 12,813 13,133 13,461 13,798 2.6%
<br />Interfund Transfer to General Fund 250,000 250,000 250,000 250,000 250,000 0.0%
<br />Total EMS Finanang Expenditures 661,155 488,040 355,140 355,140 355,477 -11.6%
<br />Revenue Net of Finanang Expenditures 743,645 958,760 1,134,920 1,179,478 1,225,036
<br />Cash Available on 1/1/04 for Capital Expenditures 454,156 n/a n/a n/a n/a
<br />Less: 2004 Capital Budget (407,000) n/a n/a Na Na
<br />
<br />Funds Available for Future Capital Expenditures i 790,801 958,760 1,134,920 1,179,478 1,225,036
<br />
<br />PARK NON-REVERTING CAPITAL
<br />Revenue:
<br />Charges for Services /User Fees $ 302,000 311,060 320,382 330,004 339,904 3.1 %
<br />Investment Income 4,000 4,000 4,000 4,000 4,000 0.0%
<br />Total Park Capital Revenue 306,000 315,060 324,392 334,004 343,904 3.1 %
<br />
<br />Cash Available on 1/1/02 for Capital Expenditures 380,934 Na n/a Na n/a n/a
<br />Less: 2002 Capital Budget (322,700) Na Na Na n/a n/a
<br />Funds Available for Future Capital Expenditures $ 364,234 315,060 324,392 334,004 343,904
<br />B-48
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