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THE CITY OF SOUTH BEND
<br />2007 BUDGET - SUMMARY OF MAJOR CHANGES FROM 2006
<br />INTERNAL SERVICE FUND -LIABILITY INSURANCE RESERVE (Fund #226)
<br />REVENUE:
<br />Allocations Charged to City Funds
<br />Police Officer Take Home Car Insurance Payments
<br />Interest on Investments
<br />Miscellaneous Revenues
<br />Total Revenue
<br />2005 2006 2006 Anticipated
<br />Actual Projection Budget Changes
<br />2007
<br />Budget
<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 (Department only):
<br />Education & Training
<br />Other Misc Services
<br />Total Services (Department only)
<br />Services (Citywide):
<br />Consultant Fees & Loss Control Fees
<br />Workers' Comp Claims (excl Police & Fire)
<br />Workers' Comp Claims (Police & Fire only)
<br />Workers' Comp Third Party Fees (excl Police & Fire)
<br />Workers' Comp Third Party Fees (Police & Fire only)
<br />Self Insurance Liability Claims (excl Police Cars)
<br />Self Insurance Liability Claims (Police Cars only)
<br />Property Insurance &Misc Policies
<br />Misc Fees & Programs
<br />Total Services (Citywide)
<br />Other Uses:
<br />Admin Fees (General Fund)
<br />Total Other Uses
<br />Total Expenditures
<br />Total Expenditures Increase/(Decrease)
<br />Expenditures Increase/(Decrease) as a Percent
<br />Revenue Over / (Under) Expenditures
<br />2,223,367 2,290,530 2,261,660 226,269 a
<br />63,130 59,800 59,800 0
<br />57,359 64,350 21,000 30,000
<br />9,746 1,401 0 0
<br />2,353,602 2,416,081 2,342,460 256,269
<br />2005 2006 2006 Salary Other
<br />Actual Projection Budget Supplemental Changes
<br />2,487,929
<br />59,800
<br />51,000
<br />0
<br />2,598,729
<br />256,269
<br />10.9°~
<br />2007 % of
<br />Budget Change
<br />81,935 105,872 120,846 2,250 0 123,096
<br />26,960 108,890 45,969 296 (590) b 45,675
<br />108,895 214,762 166,815 2,546 (590) 168,771 1.2°~
<br />4,460 3,000 5,837 0 1,117 6,954 19.1 °~
<br />14,694 17,000 30,707 0 0 30,707
<br />3,422 4,000 9,057 0 (800) 8,257
<br />18,116 21,000 39,764 0 (800) 38,964 -2.0°~
<br />79,057 99,350 96,000 0 7,500 103,500
<br />159,644 180,000 250,000 0 0 250,000
<br />594,647 311,000 325,000 0 225,000 c 550,000
<br />107,158 97,200 142,240 0 11,120 153,360
<br />91,282 82,800 111,760 0 18,880 c 130,640
<br />810,640 585,000 570,000 0 10,000 580,000
<br />23,596 20,000 89,800 0 0 89,800
<br />371,105 385,000 427,500 0 0 427,500
<br />72,172 67,000 67,660 0 0 67,660
<br />2,309,301 1,827,350 2,079,960 0 272,500 2,352,460 13.1 °~
<br />46,598 44,944 49,944 0 2,917 52,861
<br />46,598 44,944 49,944 0 2,917 52,861
<br />2,487,370 2,111,056 2,342,320 2,546 275,144 2,620,010
<br />277,690
<br />11.9°~
<br />(133,768) 305,025 140 (21,281)
<br />NOTES:
<br />a -Reflects an overall 10°~ increase in current year allocations to all "user" funds. Individual fund allocations vary based upon a variety of
<br />potential "risk" indicators including historical claim experience, number of employees in each department, operating and personnel
<br />budget levels and property values.
<br />b -Includes an average cost increase of 4°~ 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 State's PERF plan which was 4.50°~ of total salary in 2006 to 5.50°~
<br />in 2007. This rate is determined by the Indiana Board of Trustees of PERF on an annual basis.
<br />c -Total expenditures budgeted for workers compensation claims and professional/processing costs related to those claims for Police/Fire increased by
<br />54.0°~ overall from 2006 to 2007. This was determined using projections based upon current year trends, historical information and other
<br />factors impacting the handling of workers comp claims.
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