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THE CITY OF SOUTH BEND
<br />2005 BUDGET - SUMMARY OF MAJOR CHANGES FROM 2004
<br />PROJECT RELEAF (Fund #655)
<br />NOTES:
<br />a - Reflects no increase In revenue due to no change in leaf pick -up area.
<br />b - Represents 40 part -time employees working 180 hours each at hourly rates between $7.50 and $8.25.
<br />c - Represents transfer of funds to cover street department personal costs during leaf pick up period.
<br />CASH BALANCE PROJECTION (necessary to cover deficit budget)
<br />Project Re -Leaf Fund ( #655) cash balance as of 12/31/04 421,333
<br />2005 budget overage /(deficit) - (above) (157,320)
<br />Projected Solid Waste Fund cash balance as of 12/31/05 264,013
<br />2003
<br />2004
<br />2004
<br />Anticipated
<br />2005
<br />Actual
<br />Actual
<br />Budget
<br />Changes
<br />Budget
<br />REVENUE:
<br />Project Releaf Collections
<br />312,154
<br />149,781
<br />154,440
<br />0 a
<br />154,440
<br />Total Revenue
<br />312,154
<br />149,781
<br />154,440
<br />0
<br />154,440
<br />Total Revenue Increasel(Decrease)
<br />0
<br />Revenue Increasel(Decrease) as a Percent
<br />0.0%
<br />2003
<br />2004
<br />2004
<br />Anticipated
<br />2006
<br />% Of
<br />Actual
<br />Actual
<br />Budget
<br />Changes
<br />Budget
<br />Change
<br />EXPENDITURES:
<br />Personnel Costs:
<br />Salaries (Temporary Help)
<br />40,156
<br />49,641
<br />54,900
<br />1,004 b
<br />55,904
<br />Benefits (FICA taxes)
<br />3,643
<br />3,798
<br />4,400
<br />77
<br />4,477
<br />Total Personnel Costs
<br />43,799
<br />53,439
<br />59,300
<br />1,081
<br />60,381
<br />1.8%
<br />Supplies
<br />4,613
<br />4,165
<br />4,637
<br />0
<br />4,637
<br />0.0%
<br />Services ! Other Uses:
<br />Automotive Equipment Repair
<br />24,460
<br />29,503
<br />35,472
<br />0
<br />35,472
<br />Total Services 1 Other Uses
<br />24,460
<br />29,503
<br />35,472
<br />0
<br />35,472
<br />0.0%
<br />Other Uses:
<br />Administration Allocation
<br />3,495
<br />3,681
<br />3,681
<br />159,689 c
<br />163,370
<br />Bad Debt Expense
<br />1,877
<br />1,795
<br />300
<br />0
<br />300
<br />Total Other Uses
<br />5,372
<br />5,476
<br />3,981
<br />159,689
<br />163,670
<br />Capital
<br />22,025
<br />0
<br />45,700
<br />1,900
<br />47,600
<br />Total Expenditures
<br />100,269
<br />92,583
<br />149,090
<br />162,670
<br />311,760
<br />Total Expenditures Increasel(Decrease) - excluding Capital
<br />160,770
<br />Expenditures Increasel(Decrease) as a Percent - excluding Capital
<br />155.5%
<br />Revenue Overt(Under) Operating Expenditures
<br />57,198
<br />51,050
<br />233,910
<br />157,320
<br />Revenue Overt(Under) Total Expenditures
<br />211,885
<br />57,198
<br />5,350
<br />(157,320
<br />NOTES:
<br />a - Reflects no increase In revenue due to no change in leaf pick -up area.
<br />b - Represents 40 part -time employees working 180 hours each at hourly rates between $7.50 and $8.25.
<br />c - Represents transfer of funds to cover street department personal costs during leaf pick up period.
<br />CASH BALANCE PROJECTION (necessary to cover deficit budget)
<br />Project Re -Leaf Fund ( #655) cash balance as of 12/31/04 421,333
<br />2005 budget overage /(deficit) - (above) (157,320)
<br />Projected Solid Waste Fund cash balance as of 12/31/05 264,013
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