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THE CITY OF SOUTH BEND <br />2007 BUDGET - SUMMARY OF MAJOR CHANGES FROM 2006 <br />COLLEGE FOOTBALL HALL OF FAME (Fund #377) <br /> 2005 2006 2006 Anticipated 2007 <br /> Actual Projection Budget Changes Budget <br />REVENUE: <br />Hotel /Motel Tax (a) 465,177 465,177 465,177 8,081 473,258 <br />Professional Sports Development Fund Receipts 384,906 370,000 370,000 15,000 385,000 <br />Miscellaneous 15,702 13,000 6,000 7,000 13,000 <br />Total Revenue 865,785 848,177 841,177 30,081 871,258 <br /> 2005 2006 2006 Anticipated 2007 <br /> Actual Projection Budget Changes Budget <br />EXPENDITURES: <br />Transfer to National Football Foundation (b) 706,425 632,000 632,000 (32,000) 600,000 <br />Transfer to Century Center 0 0 0 100,000 c 100,000 <br />Total Expenditures 706,425 632,000 632,000 68,000 700,000 <br />Revenue Overl(Under)Expenditures 159,360 216,177 209,177 171,258 d <br />NOTES: <br />a -Reflects amount to be received from the Hotel /Motel Tax Board representing 1 % out of the 6% of total hotel /motel tax collected <br />county-wide. <br />b -Represents the City's commitment to transfer to the National Football Foundatiorythe amount received from the Hotel /Motel Tax <br />Board (to be used for operations including the marketing of the Hall~and the estimated $350,000 from the Professional Sports <br />Development Fund to be used for capital upgrades. <br />c -Represent the amount transferred from Professional Sports Development dollars to cover Century Center capital expenditures. <br />~'I~l^.G (~ Esc ~'~~'S ~~(t~D <br />OCT - 3 2G <br />JOHFd VO~~~DE <br />CITY CLEn':.. ~Q. ,E~.`D, I~1. <br />