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THE CITY OF SOUTH BEND
<br />FIVE YEAR FINANCIAL. FORECAST
<br /> zoa$ zoo? zoos zaps zolo AVG
<br />CUM CAPRAL IMPROVEMENT FUND BUDGET FORECAST FORECAST FORECAST FORECAST 4 YR CHG
<br />Revenue:
<br />State Cigarette Tax Dis#ribution $ 375,106 363,863 352,937 342,349 332,079 -2.9%
<br />Other Revenue 200,000 200,000 200,000 200,OD0 200,D00 0.0%
<br />Total CCIF Revenue 575,106 563,853 552,937 542,349 532,079 -1.9%
<br />
<br />Expenditures:
<br />Debt Service- Century Center Bond 591,683 594,000 594,000 594,D00 694,OOD 0.1%
<br />Total CCIF Debt Service Expenditures 591,883 594,000 594,000 694,000 694,OOD 0.1%
<br />Revenue Net of pebf Service F-xpenditures (16,777) (30,f47) {41,063) (51,651) (81,921)
<br />Gash Available on 1111p6 for Capital Expenditures 231,686 nla nla nla nla
<br />Less: 2006 Capital Budget D nla nla n/a n/a
<br />
<br />Funds Available for Future Capital Expenditures $ 214,9D9 _ (30,147) ~ {41,063] ~ {51,651) 81 921
<br />
<br />ECONOMIC DEVELOPMENT INCOME TAX
<br />Revenue:
<br />EconomicDevelopmtlnoomeTax $ 3,498,734 3,566,770 3,640,145 3,712,948 3,787,207 2.1°~
<br />Investment Income 25,000 25,Op0 25,000 25,DD0 26,OOD D.0°k
<br />Other Revenue 138,D00 108,000 108,000 108,000 126,OOD -2.4°k
<br />Total EDIT Revenue 3,661,794 3,741,770 3,773,145 3,845,948 3,937,207 1.9%
<br />Operaling Expenditures:
<br />Grants and Subsidies for Econ Developmt 607,496 607,496 fi18,64fi 632,039 632,039 1.0%
<br />Debt Service -Various Bonds 2,715,387 2,784,116 2,771,988 2,759,573 2,759,573 0.4%
<br />Total EDIT Operating Expenditures 3,322,893 3,381,612 3,391,612 3,391,612 3,391,612 0.5%
<br />Revenue Net of Operating Expenditures 338,901 310,158 381,533 454,338 545,595
<br />Gash Available on 1!1!06 for Capital Expenditures 483,749 nla nla n!a nla
<br />Less: 2006 Capital Budget {226,000) nla nla nla nla
<br />
<br />Funds Available far Future Capital Expenditures $ _ 596,650 310,158 381,533 454,336 545,595
<br />
<br />EMS CAPITAL IMPROVEMENT
<br />Revenue:
<br />Charges farServiees $ 1,400,000 1,442,000 1,485,260 1,528,818 1,575,712 3.1%
<br />Investment Income 15,ODp 15,000 15,OD0 15,000 15,000 0.0%
<br />Other Revenue 11,800 11,600 11,800 11,800 11,SDD 0.0%
<br />Total EMS Capital Revenue 1,426,800 1,468,800 1,512,060 1,556,618 1,602,512 3.1%
<br />
<br />Expendkures:
<br />1]ebt Service -Finance Leases 164,202 85,140 84,74D 84,332 84,332 -12.296
<br />Callectian Fees 20,000 20,OOD 20,400 20,80$ 20,808 i.p%
<br />Interfund Transfer Eo General Fund 250,000 250,000 250,000 250,000 250,D00 0.096
<br />Total EMS Financing Expenditures 434,202 355,140 355,140 355,140 355,140 ~.6%
<br />
<br />Revenue Net of Financing Expenditures 992,598 1,113,660 1,156,920 1,201,478 1,247,372
<br />Cash Avalla171e on V1108 for Capital Expenditures 701,443 nla nla nla Na
<br />Less: 2006 Capita! Budget (911,597) nla nla nla n/a
<br />
<br />FundsAvailableforFutureCapitalExpenditures $ 782,444 1,113,660 1,166,920 1,201,478 1,247,372
<br />
<br />PART( NON-REVERTING CAPITAL
<br />Revenue:
<br />Charges far Services 1 User Fees $ 268,000 276,040 284,321 292,851 301,fi36 3.1
<br />Investment Income 4,000 4,000 4,000 4,000 4,pp0 0.0%
<br />Total Perk Capital Revenue 2T2,DD0 280,040 288,321 296,651 3D5,636 3.1%
<br />
<br />Cash Avallahle on 1/1!08 for Capital Expenditures 421,420 nla nla nla nla nla
<br />Less: 2006 Capital Budget (274,6pD) nla n!a n!a nla nla
<br />
<br />Funds Available for Future Capital Expenditures $ 418,920 280,040 288,321 296 851 305,$36
<br />B-48
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