|
THE CITY OF SOUTH BEND
<br />2005 BUDGET - SUMMARY OF MAJOR CHANGES FROM 2004
<br />PARK NON - REVERTING CAPITAL (Fund #405)
<br />Total Revenue Increase/(Decrease) 0
<br />Revenue Increasef(Decrease) as a Percent 0.0%
<br />2003
<br />2004
<br />2004
<br />Anticipated
<br />2005
<br />Actual
<br />Actual
<br />Budget
<br />Changes
<br />Budget
<br />REVENUE:
<br />Non- reverting Zoo Revenue
<br />124,545
<br />125,648
<br />130,000
<br />0
<br />130,000
<br />Non - reverting Golf Course Revenue
<br />106,467
<br />61,695
<br />143,000
<br />0
<br />143,000
<br />Non- reverting East Race Revenue
<br />7,668
<br />6,304
<br />12,000
<br />0
<br />12,000
<br />Non - reverting Ice Rink Revenue
<br />6,187
<br />6,484
<br />8,000
<br />0
<br />8,000
<br />]Von- reverting Picnic Area Revenue
<br />7,211
<br />1,655
<br />2,000
<br />0
<br />2,000
<br />Miscellaneous Revenue
<br />11,851
<br />58,856
<br />7,000
<br />0
<br />7,000
<br />Interest on Investments
<br />1,456
<br />3,941
<br />4,000
<br />0
<br />4,000
<br />Total Revenue
<br />265,385
<br />264,583
<br />306,000
<br />0
<br />306,000
<br />Total Revenue Increase/(Decrease) 0
<br />Revenue Increasef(Decrease) as a Percent 0.0%
<br />NOTES:
<br />a - The 2004 actual expenditures reflect only cash expended during the year and do not include amounts unspent but encumbered
<br />as of the end of the year. The 2003 expenditures assumes no encumbrances are needed at year -end and all of the
<br />2003 encumbrances are paid in 2004.
<br />b - This fund was established in 1998 for the Park Department Non - Reverting Revenue (excluding Park Recreation
<br />non - reverting revenue which is budgeted in Fund #203). The purpose of this fund is to separate the non - reverting
<br />Park revenue from Park Operations. This revenue has been included in Fund #201 in previous years. These
<br />revenues are collected at their respective locations and are eligible to be used for capital improvements during the
<br />following fiscal year. The revenue from Parks non - reverting fees are appropriated during the Capital Budget process
<br />which is presented to the Common Council for approval in February of each year. The Capital Budget is determined by the
<br />fund's cash on hand at the start of the year.
<br />PROJECTION OF CAPITAL FUNDS AVAILABLE FOR 2005
<br />Park Capital Fund cash balance as of 12131/04 417,851
<br />Less: Encumbrances outstanding as of 12/31/04 (15,644)
<br />Park Non- Reverting Fund cash balance as of 12/31/04 402,207
<br />2005 Budgeted Revenue (see above) 306,000
<br />2005 Budgeted Expenditures (see above) (255,600)
<br />Projected Park Capital Fund cash balance as of 12131/05 - Available for capital in 2006 854,614
<br />2003
<br />2004
<br />2004
<br />Anticipated
<br />2005
<br />Actual
<br />Actual
<br />Budget
<br />Changes
<br />Budget
<br />CAPITAL EXPENDITURES (note a & b).
<br />Park Mtce - East Race, Ice Skating Rink & Forestry
<br />20,858
<br />28,778
<br />34,000
<br />5,000
<br />39,000
<br />Golf Course - Land Improvements
<br />9,715
<br />6,409
<br />0
<br />0
<br />0
<br />Golf Course - Building Improvements
<br />4,272
<br />0
<br />0
<br />0
<br />0
<br />Golf Course - Equipment
<br />120,153
<br />97,600
<br />102,500
<br />4,500
<br />107,000
<br />Potawatomi Zoo - Land Improvements
<br />0
<br />55,270
<br />61,500
<br />(26,500)
<br />35,000
<br />Potawatomi Zoo - Building Improvements
<br />35,937
<br />22,710
<br />61,000
<br />(39,700)
<br />21,300
<br />Potawatomi Zoo - Equipment
<br />43,410
<br />80,281
<br />53,300
<br />0
<br />53,300
<br />Total Expenditures
<br />234,345
<br />IT 291,048
<br />312,300
<br />(56,700)
<br />255,600
<br />Revenue Overt(Under) Expenditures
<br />(26,465)
<br />(6,300)
<br />31,040
<br />50,400
<br />NOTES:
<br />a - The 2004 actual expenditures reflect only cash expended during the year and do not include amounts unspent but encumbered
<br />as of the end of the year. The 2003 expenditures assumes no encumbrances are needed at year -end and all of the
<br />2003 encumbrances are paid in 2004.
<br />b - This fund was established in 1998 for the Park Department Non - Reverting Revenue (excluding Park Recreation
<br />non - reverting revenue which is budgeted in Fund #203). The purpose of this fund is to separate the non - reverting
<br />Park revenue from Park Operations. This revenue has been included in Fund #201 in previous years. These
<br />revenues are collected at their respective locations and are eligible to be used for capital improvements during the
<br />following fiscal year. The revenue from Parks non - reverting fees are appropriated during the Capital Budget process
<br />which is presented to the Common Council for approval in February of each year. The Capital Budget is determined by the
<br />fund's cash on hand at the start of the year.
<br />PROJECTION OF CAPITAL FUNDS AVAILABLE FOR 2005
<br />Park Capital Fund cash balance as of 12131/04 417,851
<br />Less: Encumbrances outstanding as of 12/31/04 (15,644)
<br />Park Non- Reverting Fund cash balance as of 12/31/04 402,207
<br />2005 Budgeted Revenue (see above) 306,000
<br />2005 Budgeted Expenditures (see above) (255,600)
<br />Projected Park Capital Fund cash balance as of 12131/05 - Available for capital in 2006 854,614
<br />
|