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THE CITY OF SOUTH BEND <br />2005 BUDGET - SUMMARY OF MAJOR CHANGES FROM 2004 <br />COLLEGE FOOTBALL HALL OF FAME (Fund #377) <br />2003 2004 <br />Actual Actual <br />REVENUE: <br />Anticipated <br />2005 <br />Hotel 1 Motel Tax (a) <br />460,991 <br />461,423 <br />Professional Sports Development Fund Receipts <br />337,571 <br />370,013 <br />Miscellaneous <br />4,225 <br />5,988 <br />Total Revenue <br />802,787 <br />837,424 <br />2003 2004 <br />Actual Actual <br />EXPENDITURES: <br />Transfer to National Football Foundation (b) 712,584 852,851 <br />Total Expenditures 712,584 852,851 <br />2004 <br />Anticipated <br />2005 <br />Budget <br />Changes <br />Budget <br />474,820 <br />(13,397) <br />461,423 <br />350,000 <br />20,000 <br />370,000 <br />4500 <br />0 <br />4,500 <br />829,320 <br />6,603 <br />835,923 <br />2004 Anticipated 2005 <br />Budget Changes Budget <br />825,000 (193,575) 631,425 <br />825,000 (193,575) 631,425 <br />Revenue Over 1 (Under) Expenditures 90,203 - 15,427 4,320 204,498 <br />NOTES: <br />a - Reflects amount to be received from the Hotel 1 Motel Tax Board representing 1 % out of the 6% of total hotel ! motel tax collected <br />county -wide. <br />b - Represents the City's commitment to transfer to the National Football Foundation the amount received from the Hotel 1 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 />