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THE CITY OF SOUTH BEND
<br />2004 BUDGET - SUMMARY OF MAJOR CHANGES FROM 2003
<br />CENTURY CENTER (Fund #670)
<br /> 2002 2003 2003 Anticipated 2004
<br /> Actual Actual Budget Changes Budget
<br />REVENUE:
<br />Hotel/Motel Tax Allocation 1,045,801 1,130,612 1,130,575 33,918 a 1,164
<br />493
<br />Room Rental 255,411 404,900 530,000 21,006 b ,
<br />551
<br />006
<br />Catering Commission 675,023 601,265 609,714 4,504 b ,
<br />614,218
<br />Parking 183,498 218,644 262,067 (5,245)b 2,842
<br />Equipment Rental 151,575 146,844 165,000 4,253 b 169,253
<br />AN Tech Time 31,439 31,351 37,868 39 b 37 907
<br />Art Center Rent 65,000 65,000 65,000 0 65,000
<br />MarriotUSkywalk 10,852 11,990 15,750 1,575 17,325
<br />Management Fee from Hall of Fame 50,000 50,000 50,000 0 50 000
<br />Interestlncome 4,013 2,359 11,913 (9,103)b 4~g1p
<br />NFF Employee Reimbursement 0 0 53,588 (24,457) b 28.131
<br />Miscellaneous Income 418,497 220,409_ 55,296 35,846 b 91,142
<br />Total Revenue 2,891,109 _2,883,374 2,986,771 62,336 3,049,107
<br />Total Revenuelncrease/(Decrease) 62 336
<br />Revenue Increase/(Decrease) as a Percent 2 1 %
<br />Revenue Increase/(Decrease) as aPercent -excluding HotelRvlotel Tax increases 1 0%
<br /> 2002 2003 2003 Salary Personnel Insurance Other 2004 % of
<br /> Actual Actual Budget Ordinance Changes Increase Change Budget Change
<br />EXPENDITURES:
<br />Personnel Costs
<br />Salaries 1,389,304 1,394,561 1,486,238 44,689 9,409 c 0 4,883 1,545,219
<br />Benefits 317,820 320,195 316,024 5,206 1,026 c 88,634 d 15,580 a 426,470
<br />Total Personnel Costs 1,707,124 1,714,756 1,802,262 49,895 10,434 88,634 20,463 1,971,688 8.6%
<br />Supplies:
<br />Maintenance Supplies 37,364 26,933 40,995 0 0 0 0 40,995
<br />Cleaning Supplies 24,887 26,438 30,600 0 0 0 0 30,600
<br />Building Materials 17,622 19,136 18,400 0 0 0 0 18,400
<br />Uniforms 10,464 9,481 15,000 0 0 0 0 15,000
<br />Other Supplies 16,273 16,151 16,700 0 0 0 0 16,700
<br />Total Supplies 106,610 98,139 121,695 0 0 0 0 121,695
<br />Services:
<br />Electric 237,596 242,615 230,000 0 0 5,000 235,000
<br />Gas 91,429 109,662 90,000 0 0 0 15,000 105,000
<br />Water 8 Trash 25,727 31,977 33,000 0 0 0
<br />(2,000)
<br />31,000
<br />Security Services 185,822 178,283 173,264 0 0 0 6,200 179,464
<br />Capital lease Payments 93,456 90,638 93,978 0 0 0 (46,032) 47,946
<br />Building Repair 52,921 42,680 55,000 0 0 0
<br />(5,584)
<br />49,416
<br />Promotions /Marketing 84,318 81,566 89,000 0 0 0 0 89,000
<br />LiabiliryAllocation 51,279 82,584 82,584 0 0 0 0 82,584
<br />Equipment Repair 50,921 52,719 39,000 0 0 0 18,500 57,500
<br />Equipment Rental 18,694 16,430 16,000 0 0 0 (4,000) 12,000
<br />Telephone & Communications 28,255 26,314 25,000 0 0 0 (4,000) 21,000
<br />Miscellaneous Contractuals 37,707 39,809 36,000 0 0 0 5,000 41,000
<br />Other Misc Services 21,588 16,186 22,400 0 0 0
<br />(3,690)
<br />18,710
<br />Total Services 979,713 1,011,463 985,226 0 0 0 (15,608) 969,620 •1.6%
<br />Other Charges:
<br />Administrative Fees 58,075 60,967 60,967 0 0 0 2,092 63,059
<br />Central Services 3,119 3,260 3,260 0 0 0 197 3,457
<br />Total Other Charges 61,194 64,227 64,227 0 0 0 2,289 66,518
<br />Total Expenditures 2,854,641 2,888,565 2,97 ,$410 49.895 10,434 88,634 7J146 3,129,519
<br />Total Expenditureslncrease/(Decrease) 156,109
<br />Expenditures Increase/(Decrease) as a Percent 5.3%
<br />Revenue Overl(Under) Expenditures
<br />36,468 5 211 13,381
<br />80 412
<br />NOTES:
<br />a - Reflects a increase of 3 % received from Hotel/Motel Taxes over the previous year for operations.
<br />b -Reflects the actual level of revenue anticipated based upon projections for 2003.
<br />c -Represents the addition of a set up person and the elimination of two housekeeper I. Also, the reclass'rfication of one housekeeper to
<br />general labor.
<br />d -Includes an average cost increase of 76 % 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).
<br />e -Also includes a increase of the Ciry's mandated contributions to the State's PERF plan which was 3.25 % of total salary in 2003 to 4.00 % in 2004.
<br />This rate is determined by the Indiana Board of Trustees of PERF on an annual basis.
<br />In order to request the proposed 2004 Budget, it is necessary to identify the fund's cash balance which should be available to absorb the budget deficit.
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