THE CITY OF SOUTH BEND
<br />2006 BUDGET - SUMMARY OF MAJOR CHANGES FROM 2005
<br />CUMULATIVE CAPITAL IMPROVEMENT FUND (Fund #407)
<br />Total Revenue Increase/(Decrease)
<br />Revenue Increasel(Decrease) as a Percent
<br />2004 2005
<br />Actual Actual
<br />EXPENDITURES,
<br />Expenditures approved as a part of the Operating Budget:
<br />Century Center Bond Payments 594,000 594,040
<br />Total Expenditures 594,000 594,000
<br />Revenue Overl(Under) Expenditures
<br />33,692 (60,269)
<br />NOTES:
<br />a - Reflects State Auditor's guidelines of $3.48 per capita ($3.48 times 107,789),
<br />PROJECTION OF CAPITAL FUNDS AVAILABLE FOR 2007 AND BEYOND
<br />CCIF Fund cash balance as of 12131/05
<br />2006 Projected Revenue (see above)
<br />2006 Projected Expenditures (see above)
<br />Projected CCIF Fund cash balance as of 12/31106
<br />2005
<br />2004
<br />2005
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE:
<br />(30,181) a
<br />375,106
<br />Cigarette Tax Distribution
<br />402,692
<br />333,711
<br />Hotel /Motel Tax Lease Payment
<br />150,000
<br />150,000
<br />South Bend Comm School Corp Lease
<br />75,000
<br />50,000
<br />Total Revenue
<br />627,692
<br />533,711
<br />Total Revenue Increase/(Decrease)
<br />Revenue Increasel(Decrease) as a Percent
<br />2004 2005
<br />Actual Actual
<br />EXPENDITURES,
<br />Expenditures approved as a part of the Operating Budget:
<br />Century Center Bond Payments 594,000 594,040
<br />Total Expenditures 594,000 594,000
<br />Revenue Overl(Under) Expenditures
<br />33,692 (60,269)
<br />NOTES:
<br />a - Reflects State Auditor's guidelines of $3.48 per capita ($3.48 times 107,789),
<br />PROJECTION OF CAPITAL FUNDS AVAILABLE FOR 2007 AND BEYOND
<br />CCIF Fund cash balance as of 12131/05
<br />2006 Projected Revenue (see above)
<br />2006 Projected Expenditures (see above)
<br />Projected CCIF Fund cash balance as of 12/31106
<br />2005
<br />Anticipated
<br />2006
<br />Budget
<br />Changes
<br />Budget
<br />405,287
<br />(30,181) a
<br />375,106
<br />150,000
<br />0
<br />150,000
<br />50,000
<br />0
<br />50,000
<br />605,287
<br />(30,181)
<br />575,106
<br />(30,181)
<br />-5.0%
<br />2005
<br />Anticipated
<br />2006
<br />Budget
<br />Changes
<br />Budget
<br />588,984
<br />2,899
<br />591,883
<br />588,984
<br />2,899
<br />591,883
<br />(16,777)
<br />16,303
<br />248,463
<br />575,106
<br />(591, 883)
<br />231,686
<br />
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