|
THE CITY OF SOUTH BEND
<br />2005 BUDGET - SUMMARY OF MAJOR CHANGES FROM 2004
<br />PARKING GARAGES (Fund #601) - Main /Colfax, St. Joseph/Jefferson
<br />and Leighton Plaza Garages
<br />Total Revenue Increasei(Decrease)
<br />Revenue Increasef(Decrease) as a Percent
<br />2003
<br />2004
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE:
<br />(4,369) a
<br />202,753
<br />Garage Revenue:
<br />(161,319) b
<br />0
<br />Main Street I Colfax Ave Garage
<br />210,824
<br />160,763
<br />St. Joseph I Jefferson Street Garage
<br />137,484
<br />0
<br />Leighton Plaza Garage
<br />334,318
<br />347,023
<br />Total Garage Parking Revenue
<br />682,626
<br />507,786
<br />On- Street Parking Fines and Fees
<br />220,194
<br />233,535
<br />Miscellaneous Other Revenue
<br />308,447
<br />27,194
<br />Total Revenue
<br />1,211,267
<br />768,515
<br />Total Revenue Increasei(Decrease)
<br />Revenue Increasef(Decrease) as a Percent
<br />Total Expenditures increase /(Decrease)
<br />Expenditures Increase/(Decrease) as a Percent
<br />2004
<br />2003
<br />2004
<br />Budget
<br />Actual
<br />Actual
<br />EXPENDITURES:
<br />(4,369) a
<br />202,753
<br />Services Provided by AMPCO (casts reimbursed by City):
<br />(161,319) b
<br />0
<br />Operating Costs - Main /Colfax Garage:
<br />35,697 a
<br />364,741
<br />Labor Costs (Salaries & Benefits)
<br />77,092
<br />72,545
<br />Supplies
<br />5,B91
<br />4,184
<br />Other Services & Operating Costs
<br />102,525
<br />90,448
<br />Total Operating Costs- MainlColfax Garage
<br />165,508
<br />167,177
<br />Operating Costs - St. Joseph/Jefferson Garage:
<br />0
<br />76,560
<br />Labor Costs (Salaries & Benefits)
<br />86,078
<br />4,808
<br />Supplies
<br />4,499
<br />150
<br />Other Services & Operating Casts
<br />83,602
<br />7,838
<br />Total Operating Costs - St. Joseph/Jefferson Garage
<br />174,179
<br />12,796
<br />Operating Costs - Leighton Plaza Garage:
<br />39,361
<br />95,362
<br />Labor Costs (Salaries & Benefits)
<br />101,320
<br />113,666
<br />Supplies
<br />12,659
<br />5,390
<br />Other Services & Operating Costs
<br />164,045
<br />124,997
<br />Total Operating Casts- Leighton Plaza Garage
<br />278,024
<br />244,053
<br />Total Operating Costs - All Three Garages
<br />637,711
<br />424,026
<br />Other Services and Other Uses:
<br />77Vfyff
<br />476,354
<br />On- Street Parking Enforcement Casts ( AMPCO)
<br />49,673
<br />46,428
<br />City Liability insurance Allocation
<br />32,608
<br />28,344
<br />Accounting 1 Audit Fees (external audit for financing)
<br />2,628
<br />0
<br />Admin Fees (General Fund)
<br />10,114
<br />11,017
<br />Total Other Services & Other Uses
<br />95,023
<br />85,789
<br />Total Expenditures
<br />732,734
<br />509,815
<br />Total Expenditures increase /(Decrease)
<br />Expenditures Increase/(Decrease) as a Percent
<br />2004
<br />Anticipated
<br />2005
<br />Budget
<br />Changes
<br />Budget
<br />207,122
<br />(4,369) a
<br />202,753
<br />161,319
<br />(161,319) b
<br />0
<br />329,044
<br />35,697 a
<br />364,741
<br />697,485
<br />(129,991)
<br />567,494
<br />200,000
<br />8,720
<br />208,720
<br />840
<br />0
<br />840
<br />(121,271)
<br />-13.5%
<br />2004
<br />Anticipated
<br />2005
<br />% of
<br />Budget
<br />Changes
<br />Budget
<br />Change
<br />63,826
<br />29,552
<br />93,378
<br />service):
<br />5,910
<br />1,194
<br />7,104
<br />Main Street I Colfax Avenue Garage
<br />96,822
<br />(9,131)
<br />87,691
<br />14,580
<br />166,558
<br />21,615
<br />188,173
<br />13.0%
<br />0
<br />Leighton Plaza Garage
<br />63,916
<br />(63,916) b
<br />0
<br />76,560
<br />3,840
<br />(3,840) b
<br />0
<br />149,422
<br />73,727
<br />(73,727) b
<br />0
<br />298,061
<br />141,483
<br />(141,483)
<br />0
<br />- 100.0%
<br />3{_9,361„)-
<br />39,361
<br />95,362
<br />37,635
<br />132,997
<br />258,700
<br />6,624
<br />66
<br />6,690
<br />144,104
<br />4,390
<br />148,494
<br />246,090
<br />42,091
<br />288,181
<br />17.1%
<br />554,131
<br />77Vfyff
<br />476,354
<br />- 14.0%
<br />51,418
<br />4,708
<br />56,126
<br />28,344
<br />(6,771)
<br />21,573
<br />0
<br />0
<br />0
<br />11,017
<br />2,214
<br />13,231
<br />90,779
<br />151
<br />90,930
<br />0.2%
<br />644,910
<br />(77,626)
<br />567,284
<br />(77,626)
<br />-12.0%
<br />Revenue Over l (Under) Expenditures (excluding Debt)
<br />478,533
<br />258,700
<br />253,415
<br />(43,645) 209,770
<br />Revenue Over I {Under) Total Expenditures
<br />478,533 b
<br />258,700 b
<br />253,415 c
<br />209,770 c
<br />Net Operating Revenue (excluding city -wide allocations and debt
<br />service):
<br />Main Street I Colfax Avenue Garage
<br />25,316
<br />(6,414)
<br />40,564
<br />14,580
<br />St, Joseph / Jefferson Street Garage
<br />(36,695)
<br />(12,796)
<br />19,836
<br />0
<br />Leighton Plaza Garage
<br />56,294
<br />102,970
<br />82,954
<br />76,560
<br />On- Street Parking Enforcement (and other mist revenue)
<br />478,968
<br />214,301
<br />149,422
<br />153,434
<br />523,883
<br />298,061
<br />292,776
<br />244,574
<br />City -wide allocations and debt service expenditures
<br />(45,35
<br />3{_9,361„)-
<br />39,361
<br />34,804
<br />478,533
<br />258,700
<br />253,415
<br />209,770
<br />-- continued --
<br />
|