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Page 165 <br />Form 1 <br />City of South Bend, Indiana <br />2013 Budget Departmental Summary <br />Fund Name <br />jUrban Development Action Grant <br />Fund Number 410 <br />Department Description& Purpose <br />Account for economic development expenditures which are financed by federal grants andloan repayments. <br />2012 <br />2013 <br />2010 <br />2011 <br />Amentletl 6130112 <br />prop osetl <br />Variance <br />% <br />Descriptali <br />Actual <br />Actual <br />Bud ,.t Actual <br />Bud ,.t <br />2012 -2013 <br />Ch, <br />Revenue <br />Property Taxes <br />- <br />- <br />- - <br />- <br />- <br />- <br />LorallncomeTaxes <br />- <br />- <br />- - <br />- <br />- <br />Other Taxes <br />- <br />- <br />- - <br />- <br />- <br />- <br />G mitallidg,rx a ro ental <br />- <br />- - <br />- <br />- <br />- <br />ChargesforSeroces <br />- <br />- <br />- - <br />- <br />- <br />Interest Earnings <br />14,170 <br />2,659 <br />1,400 ]fig <br />1,499 <br />- <br />0.0% <br />Bond Proceeds <br />- <br />- <br />- - <br />- <br />- <br />- <br />Donations <br />- <br />- <br />- - <br />- <br />- <br />- <br />Other Income <br />181,743 <br />555,987 <br />433,571 2,812 <br />68,562 <br />(365,009) <br />44.2% <br />Transfers In <br />2,700,900 <br />Total Revenue <br />2,895,913 <br />558,647 <br />434,971 3,572 <br />69,962 <br />365,09 <br />-83.9% <br />Expenditures by Cost Center <br />Community Development (1001) <br />564 <br />- - <br />- <br />- <br />- <br />Economic Development (1002) <br />5,300,900 <br />4]1,5]6 <br />400,902 200,451 <br />268,146 <br />(132,756) <br />-33.1% <br />Current Program Year (low) <br />l'000'Doo <br />- <br />- - <br />- <br />- <br />- <br />Total Cast Center Expenditures <br />6,300,000 <br />472,140 <br />400,902 200,451 <br />268,146 <br />132,756 <br />-33.1% <br />Expenditures by Account Type <br />Salmon a Wages <br />- <br />- <br />- <br />- <br />- <br />Fringe Benefits <br />- <br />- <br />- <br />- <br />- <br />Other Personnel costs <br />- <br />- <br />- <br />- <br />Total Perveridel <br />Supplies <br />Professional Sew.(31xx) <br />- <br />- <br />- <br />- <br />- <br />ComMrareporfation(32xx) <br />- <br />- <br />- <br />- <br />- <br />printing & Advertising (33xx) <br />- <br />- <br />- <br />- <br />- <br />Ma mnce (34xx) <br />- <br />564 <br />- <br />- <br />- <br />- <br />Things(35xx) <br />- <br />- <br />- <br />- <br />- <br />- <br />Repairs& Maintenance(36xx) <br />- <br />- <br />- <br />- <br />- <br />- <br />DebtSusice- Principal <br />- <br />471,576 <br />400,902 200,451 <br />268,146 <br />(132,756) <br />-33.1% <br />Debt Service- Interest &Fees <br />- <br />- <br />- <br />- <br />- <br />- <br />Other Services & Charged (39xx) <br />- <br />- <br />- <br />- <br />- <br />- <br />Guide &Subsidies <br />1,000,000 <br />- <br />- <br />- <br />- <br />- <br />Payment In Lieu of Taxes <br />- <br />- <br />- <br />- <br />- <br />- <br />Trensf es Out <br />- <br />- <br />- <br />- <br />Other Financing Uses (50xx) <br />Total Service &Charges <br />1,000,000 <br />472,140 <br />400,902 200,451 <br />268,146 <br />(132,756) <br />-33.1% <br />Capital <br />5,300,000 <br />Total Expenditures by Type <br />6,300,000 <br />472,140 <br />400,902 200,451 <br />268,146 <br />(132,756) <br />-33.1% <br />Net Surplus /(deficit) <br />(3,404,087) <br />86,507 <br />34,069 (196,879) <br />(198,184) <br />Beginning Cash Balance <br />3,534,115 <br />130,028 <br />216,535 216,535 <br />250,604 <br />Release Sheet Adjustments <br />- <br />- <br />- - <br />- <br />Ending Cash Balance <br />130,028 <br />216,535 <br />250,604 19,656 <br />52,420 <br />Staffing (FTE's) <br />2011 <br />2012 6130112 <br />2013 <br />Variance <br />Actual <br />Budget Actual <br />Budget <br />2012 -2013 <br />Non - Bargaining <br />- <br />- - <br />- <br />- <br />Bargaining <br />- <br />- - <br />- <br />- <br />Pa/SeasonapTempoary <br />Tottal al FTE TE's <br />Explain Significant Revenue, Expenditure and Staffing <br />Changes Below: <br />In conversations wilb BOG regarding annual revenue payments. May reed to revise repayment schedule to COIL for rat SoucelMamott project to <br />reflect actual revenue projected. <br />Page 165 <br />Form 1 <br />