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City of South Bend, Indiana <br />2013 Budget Departmental Summary <br />Name I Hall of Fame Debt Service Food Number 313 <br />In 2011, Me Hall of Fanre Bonds wen, autuntletl, etteraw, in 2012, to nal turns, debtservice pzYmorM, <br />Pay debt service payments on a timely basis, due February 1 and August 1. <br />Allocate property in lieu of taxes (PILOT) on a monthly basis from the Wastewater and Water utility funds. <br />CRY Strategy <br />2013 Department Goals 8 Objectives/Linkage to City Strategies 4 -10 required) Number <br />- Minim¢e the property fax levy a:guimtl to fund debt service Payments 1 <br />- Pay semiannual debt service Payments on a timely basis. 1 <br />Hall of Fame Debt Service Fund will have a negative cash balance dump rude in times of the year. <br />Key Performance, Indicators 36 regained) <br />2011 <br />2012 <br />Actual <br />Estimated <br />2013 <br />Measure <br />Type <br />Target <br />ifmoilable <br />ifavailable <br />Pm action <br />- Bond Payments Matle/ %Tmely <br />Output <br />21100% <br />21100% <br />21100% <br />21100% <br />- HOF Property Tax Levy <br />Efficiency <br />0500% or less <br />.0]2]% <br />.0509% <br />.0500% <br />-Cash Reserves <br />Output <br />5,wo'c00 <br />$598,621 <br />$443,006 <br />$443,006 <br />T,,s. output, efficiency, effectiveness, quality, outwore, <br />technology <br />Page 175 <br />Form 1 <br />