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THE CITY OF SOUTH BEND
<br />2006 BUDGET - SUMMARY OF MAJOR CHANGES FROM 2005
<br />PARK NON - REVERTING CAPITAL (Fund #405)
<br />Total Revenue Increase/(Decrease) (34,000)
<br />Revenue lncreaset(Decrease) as a Percent -11.1%
<br />2004 2005 2005 Anticipated
<br />2004
<br />2005
<br />2005
<br />Anticipated
<br />2006
<br />Park Mtce - East Race, Ice Skating Rink & Forestry 28,778 31,539 39,000 (5,000)
<br />Actual
<br />Actual
<br />Budget
<br />Changes
<br />Budget
<br />REVENUE:
<br />89,000
<br />Potawatomi Zoo - Land Improvements 55,270 24,455 35,000 10,000
<br />45,000
<br />Potawatomi Zoo - Building Improvements 22,710 44,638 21,300 6,700
<br />28,000
<br />Non - reverting Zoo Revenue
<br />125,648
<br />119,093
<br />130,000
<br />5,000
<br />135,000
<br />Non - reverting Golf Course Revenue
<br />61,695
<br />109,150
<br />143,000
<br />(35,000)
<br />108,000
<br />Non - reverting East Race Revenue
<br />6,304
<br />8,027
<br />12,000
<br />(4,000)
<br />8,000
<br />Non - reverting Ice Rink Revenue
<br />6,484
<br />6,171
<br />8,000
<br />0
<br />8,000
<br />Non - reverting Picnic Area Revenue
<br />1,655
<br />1,497
<br />2,000
<br />0
<br />2,000
<br />Miscellaneous Revenue
<br />58,856
<br />5,806
<br />7,000
<br />0
<br />7,000
<br />Interest on Investments
<br />3,941
<br />7,977
<br />4,000
<br />0
<br />4,000
<br />Total Revenue
<br />264,583
<br />257,721
<br />306,000
<br />(34,000)
<br />272,000
<br />Total Revenue Increase/(Decrease) (34,000)
<br />Revenue lncreaset(Decrease) as a Percent -11.1%
<br />2004 2005 2005 Anticipated
<br />2006
<br />Actual Actual Budget Changes
<br />Budget
<br />CAPITAL. EXPENDITURES (note a & b):
<br />Park Mtce - East Race, Ice Skating Rink & Forestry 28,778 31,539 39,000 (5,000)
<br />34,000
<br />Golf Course - Land Improvements 6,409 6,300 0 24,000
<br />24,000
<br />Golf Course - Building Improvements 0 0 0 0
<br />0
<br />Golf Course - Equipment 97,600 93,550 107,000 (18,000)
<br />89,000
<br />Potawatomi Zoo - Land Improvements 55,270 24,455 35,000 10,000
<br />45,000
<br />Potawatomi Zoo - Building Improvements 22,710 44,638 21,300 6,700
<br />28,000
<br />Potawatomi Zoo - Equipment 80,281 42,433 53,300 1,200
<br />54,500
<br />Total Expenditures 291,048 242,915 255,600 18,900
<br />274,500
<br />Revenue Overf(Under) Expenditures (26,465) 14,806 50,400
<br />-2,500
<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 2006
<br />Park Capital Fund cash balance as of 12131/04 417,851
<br />2005 Projected Revenue (see above) 257,721
<br />2005 Projected Expenditures including 2004 encumbrances (see above) (242,915)
<br />Projected Park Capital Fund cash balance as of 12131/05 - Available for capital in 2006 432,657
<br />Projected Park Capital Fund Revenue for 2005 (see above) to be available for capital in 2006 272,000
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