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THE CITY OF SOUTH BEND <br />2006 BUDGET - SUMMARY OF MAJOR CHANGES FROM 2005 <br />SEWER REPAIR I INSURANCE FUND (Fund #640) <br />REVENUE: <br />Sewer Repair Insurance <br />Sewer Repair Deductible <br />Interest on Investments <br />Other Revenue (Loan Repayment) <br />Total Revenue <br />Total Revenue Increase /(Decrease) <br />Revenue Increase /(Decrease) as a Percent <br />EXPENDITURES: <br />Personnel Costs: <br />Salaries <br />Benefits <br />Total Personnel Costs <br />Supplies <br />Services: <br />Sewer Repairs <br />Telephone <br />Automotive Equipment Repair <br />Misc Employee - related Casts <br />Total Services <br />Other Uses: <br />Admin Charge (General Fund) <br />Bad Debt Expense <br />Total Other Uses <br />Total Expenditures <br />Total Expenditures Increase /(Decrease) <br />Expenditures Increaset(Decrease) as a Percent <br />Revenue Over! (Under) Expenditures <br />2004 <br />2005 <br />2005 <br />Anticipated <br />2006 <br />Actual <br />Actual <br />Budget <br />Changes <br />Budget <br />536,471 <br />531,973 <br />547,000 <br />(8,000) <br />539,000 <br />113,564 <br />114,446 <br />125,000 <br />(5,000) <br />120,000 <br />1,004 <br />1,529 <br />1,000 <br />200 <br />1,200 <br />77 <br />0 <br />0 <br />0 <br />0 <br />651,118 <br />647,948 <br />673,000 <br />(12,800) a <br />660,200 <br />(12,800) <br />-1.9% <br />2004 <br />2005 <br />2005 <br />Salary <br />Other <br />2006 <br />% of <br />Actual <br />Actual <br />Budget <br />Ordinance <br />Changes <br />Budget <br />Change <br />71,599 <br />72,439 <br />74,518 <br />1,480 <br />(495) <br />75,503 <br />29,596 <br />29,568 <br />30,060 <br />172 <br />3,564 b <br />33,796 <br />101,195 <br />102,007 <br />104,578 <br />1,652 <br />3,069 <br />109,299 <br />4.5% <br />1,781 <br />2,003 <br />1,834 <br />0 <br />250 <br />2,084 <br />13.6% <br />575,552 <br />518,834 <br />585,000 <br />0 <br />(65,000) c <br />520,000 <br />697 <br />886 <br />700 <br />0 <br />0 <br />700 <br />1,249 <br />520 <br />1,200 <br />0 <br />0 <br />1,200 <br />212 <br />0 <br />408 <br />0 <br />(406) <br />0 <br />577,710 <br />520,240 <br />587,308 <br />0 <br />(65,408)_ <br />521,900 <br />-11.1% <br />15,847 <br />15,212 <br />15,212 <br />0 <br />1,738 <br />16,950 <br />6,976 <br />5,486 <br />6,500 <br />0 <br />500 <br />7,000 <br />22,823 <br />20,698 <br />21,712 <br />0 <br />2,238 <br />23,950 <br />703,509 <br />644,948 <br />715,432 <br />1,652 <br />(59,851 <br />657,233 <br />(56,199) <br />3,000 <br />(42,432) <br />2,967 <br />(52,383) <br />NOTES: <br />a - Adjustment made to reflect actual, based on forecasts number of sewer repairs. <br />b - Includes an average cost increase of 18% for the City's Self- Insurance Health Plan plus any necessary changes from last year's budget <br />regarding coverage options chosen by employees (i.e., family, single or rebate). <br />Also includes an increase of the City's mandated contributions to the Slate's PERF plan which was 4.25% of total salary in 2005 to 4.50 <br />in 2006. This rate is determined by the Indiana Board of Trustees of PERF on an annual basis. <br />c - Adjustment made to reflect actual, based on forecast of number of sewer repairs covered in Fund 640. <br />