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THE CITY OF SOUTH BEND
<br />2005 BUDGET - SUMMARY OF MAJOR CHANGES FROM 2004
<br />INTERNAL SERVICE FUND - LIABILITY INSURANCE RESERVE (Fund #226)
<br />NOTES:
<br />a - Reflects an overall 2.0% increase in current year allocations to ali "user" funds. Individual fund allocations vary based upon a variety of
<br />potential "risk" indicators including historical claim experience, number of employees in each department, operating and personnel
<br />budget levels and property values.
<br />b - Also includes a increase of the City's mandated contributions to the State's PERF plan which was 4.00% of total salary in 2004 to 4.25% in 2005.
<br />This rate is determined by the Indiana Board of Trustees of PERF on an annual basis.
<br />c - Total expenditures budgeted for workers compensation claims and professional /processing costs related to those claims for Police /Fire Increased by
<br />20.0% overall from 2004 to 2005. This was determined using projections based upon current year trends, historical information and other
<br />factors impacting the handling of workers comp claims. Part of this increase is being covered by the decrease related to the same expenditures
<br />for non PoticelFire claims which decreased by 13.00 %.
<br />2003
<br />2004
<br />2004
<br />Anticipated
<br />2005
<br />Actual
<br />Actual
<br />Budget
<br />Changes
<br />Budget
<br />REVENUE:
<br />Allocations Charged to City Funds
<br />2,258,842
<br />2,203,652
<br />2,203,654
<br />19,700 a
<br />2,223,354
<br />Police Officer Take Home Car Insurance Payments
<br />61,342
<br />62,442
<br />59,800
<br />0
<br />59,800
<br />Interest on Investments
<br />12,936
<br />27,596
<br />10,000
<br />0
<br />10,000
<br />Miscellaneous Revenues
<br />104,469
<br />44,820
<br />0
<br />0
<br />0
<br />Total Revenue
<br />2,437,5B9
<br />2,338,510
<br />2,273,454
<br />19,700
<br />2,293,154
<br />Total Revenue Increasel(Decrease)
<br />19,700
<br />Revenue Increasel(Decrease) as a Percent
<br />0.9%
<br />2003
<br />2004
<br />2004
<br />Salary
<br />Other
<br />2005
<br />% of
<br />Actual
<br />Actual
<br />Budget
<br />Ordinance
<br />Changes
<br />Budget
<br />Change
<br />EXPENDITURES:
<br />Personnel Costs:
<br />Salaries
<br />94,309
<br />43,310
<br />115,944
<br />2,736
<br />(811)
<br />117,869
<br />Benefits
<br />28,015
<br />_. 94,769
<br />35,867
<br />319
<br />1,446 b
<br />37,832
<br />Total Personnel Costs
<br />122,324
<br />138,079
<br />151,811
<br />3,055
<br />835
<br />155,501
<br />2.4%
<br />Supplies
<br />2,529
<br />2,569
<br />5,837
<br />0
<br />0
<br />5,537
<br />0.0%
<br />Services (Department only):
<br />Education & Training
<br />20,363
<br />27,606
<br />30,707
<br />0
<br />0
<br />30,707
<br />Other Misc Services
<br />6,209
<br />10,080
<br />11,150
<br />0
<br />0
<br />11,150
<br />Total Services (Department only)
<br />26,572
<br />37,686
<br />41,857
<br />0
<br />0
<br />41,857
<br />0.0%
<br />Services (Citywide):
<br />Consultant Fees & Loss Control Fees
<br />79,681
<br />88,549
<br />96,000
<br />0
<br />0
<br />96,000
<br />Workers' Comp Claims (excl Police & Fire)
<br />144,052
<br />170,207
<br />335,000
<br />0
<br />(75,000)
<br />260,000
<br />Workers' Comp Claims (Police & Fire only)
<br />230,171
<br />368,221
<br />225,000
<br />0
<br />35,000 c
<br />260,000
<br />Workers' Comp Third Party Fees (excl Police & Fire)
<br />86,270
<br />108,559
<br />110,400
<br />0
<br />18,100
<br />128,500
<br />Workers' Comp Third Parry Fees (Police & Fire only)
<br />65,081
<br />81,896
<br />83,600
<br />0
<br />26,900 c
<br />110,500
<br />Self Insurance Liability Claims (excl Police Cars)
<br />297,373
<br />318,365
<br />570,000
<br />0
<br />0
<br />570,000
<br />Self Insurance Liability Claims (Police Cars only)
<br />43,449
<br />17,842
<br />89,800
<br />0
<br />0
<br />89,800
<br />Property Insurance & Misc Policies
<br />346,525
<br />397,837
<br />445,000
<br />0
<br />0
<br />445,000
<br />Misc Fees & Programs
<br />57,466
<br />55,542
<br />67,660
<br />0
<br />0
<br />67,660
<br />Total Services (Citywide)
<br />1,352,068
<br />1,607,018
<br />2,022,46D
<br />0
<br />5,000
<br />2,027,460
<br />0.2%
<br />Other Uses:
<br />Admin Fees (Genera$ Fund)
<br />40,049
<br />__w
<br />49,347
<br />0
<br />(2,749)
<br />46,598
<br />Total Other Uses
<br />40,049
<br />„49,347
<br />49,347
<br />499,347
<br />0
<br />(2,749)
<br />46,598
<br />Total Expenditures
<br />1,543,542
<br />1,834,699
<br />2,271,312
<br />3,055
<br />2,886
<br />2,277,253
<br />Total Expenditures Increasel(Decrease)
<br />5,941
<br />Expenditures Increasel(Decrease) as a Percent
<br />0.3%
<br />Revenue Over! (Under) Expenditures
<br />5fl3,811
<br />894,047
<br />2,142
<br />15,901
<br />NOTES:
<br />a - Reflects an overall 2.0% increase in current year allocations to ali "user" funds. Individual fund allocations vary based upon a variety of
<br />potential "risk" indicators including historical claim experience, number of employees in each department, operating and personnel
<br />budget levels and property values.
<br />b - Also includes a increase of the City's mandated contributions to the State's PERF plan which was 4.00% of total salary in 2004 to 4.25% in 2005.
<br />This rate is determined by the Indiana Board of Trustees of PERF on an annual basis.
<br />c - Total expenditures budgeted for workers compensation claims and professional /processing costs related to those claims for Police /Fire Increased by
<br />20.0% overall from 2004 to 2005. This was determined using projections based upon current year trends, historical information and other
<br />factors impacting the handling of workers comp claims. Part of this increase is being covered by the decrease related to the same expenditures
<br />for non PoticelFire claims which decreased by 13.00 %.
<br />
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