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Page 180
<br />Form 1
<br />City of South Bend, Indiana
<br />2013 Budget Departmental Summary
<br />Fund Name
<br />jProhoodonal Sports Development
<br />Fund Number all
<br />Department Description 8 Purpose
<br />To account for Hotel /Motel Tax and Professional Sports Development tax revenues unscated towards the College Football
<br />Hall of Fame, Century Center, Coveles6 Stadium and other uses.
<br />2012
<br />2013
<br />2010 2011
<br />Amentletl 6130112
<br />Prop osetl
<br />Valance
<br />%
<br />Description
<br />Actual Actual
<br />Budget Actual
<br />Budget
<br />2012 -2013
<br />CM1
<br />Revenue
<br />Property Taxes
<br />- -
<br />- -
<br />-
<br />-
<br />-
<br />LorallncemeTaxes
<br />- -
<br />- -
<br />-
<br />-
<br />-
<br />OfherTaxes
<br />1,152,560 903,345
<br />1,210,949 704,]4]
<br />6D0,D00
<br />(610,949)
<br />-50.5%
<br />Gan6lluteyovemmi n al
<br />- -
<br />- -
<br />-
<br />-
<br />-
<br />ChayesforSensw,;
<br />- -
<br />- -
<br />-
<br />-
<br />Interest Earrings
<br />3,669 3,415
<br />10,000 3,091
<br />6,500
<br />(3,500)
<br />-35.0%
<br />Bond Proceeds
<br />- -
<br />- -
<br />-
<br />-
<br />-
<br />Donations
<br />- -
<br />- -
<br />-
<br />-
<br />Other Income
<br />- 49,690
<br />88,024 44,746
<br />81,301
<br />(6,723)
<br />-7.6%
<br />Transfers In
<br />Total Revenue
<br />1,166,229 956,450
<br />1,308,973 752,584
<br />687,801
<br />621,172
<br />47.5%
<br />Expenditures by Cost Center
<br />Hall of Fame Operations
<br />521,800 500,000
<br />489,152 203,813
<br />-
<br />(489,152)
<br />- 100.0%
<br />Hall of Fame Cagtal Fund
<br />200,000 -
<br />- -
<br />-
<br />-
<br />-
<br />CenWry CenterCapldlFund
<br />100,000 100,000
<br />100,000 lo0,000
<br />100,000
<br />-
<br />0.0%
<br />Cove6ki Stadium DeM Service
<br />- 395,423
<br />776,608 390,235
<br />776,671
<br />63
<br />0.0%
<br />Other
<br />16,774 -
<br />- -
<br />-
<br />-
<br />-
<br />Total Cost Center Expenditures
<br />838,574 995,423
<br />1,365,760 694,040
<br />076,671
<br />(489,089)
<br />-35.8%
<br />Expenditures by Account Type
<br />Salaries 8 wages
<br />- -
<br />-
<br />-
<br />-
<br />Ftlnge Beholds
<br />- -
<br />-
<br />-
<br />-
<br />Other Personnel vests
<br />- -
<br />-
<br />-
<br />-
<br />Total Personnel
<br />Supplies
<br />Professional Sew.(31xx)
<br />- -
<br />-
<br />-
<br />-
<br />Comm/framporfation(32xx)
<br />- -
<br />-
<br />-
<br />-
<br />Pnnbng It Advertising (33xx)
<br />- -
<br />-
<br />-
<br />-
<br />Insurance (M.)
<br />- -
<br />-
<br />-
<br />-
<br />Mities (35xx)
<br />- -
<br />-
<br />-
<br />-
<br />-
<br />RepalrsB Maintenance (%xx)
<br />16,1'14 -
<br />-
<br />-
<br />-
<br />-
<br />Debt Sooice- Principal
<br />- 285,000
<br />589,999 290,000
<br />595,000
<br />15,000
<br />2.6%
<br />Debt Service - Interest B Fees
<br />- 110,423
<br />196,608 100,235
<br />181,671
<br />(14,937)
<br />-7.6%
<br />Other Services B Chayes(39xx)
<br />- -
<br />- -
<br />-
<br />-
<br />-
<br />GrantsBSubslies
<br />521,800 500,000
<br />489,152 244,576
<br />-
<br />(489,152)
<br />- 100.0%
<br />Payment In Lieu of Taxes
<br />- -
<br />- -
<br />-
<br />-
<br />-
<br />Transfers Out
<br />- -
<br />- -
<br />-
<br />-
<br />-
<br />Ofhe,Hmhcin Uses x
<br />300,000 100,000
<br />100,000 lo0,000
<br />108000
<br />0.0%
<br />Total Service BCM1arges
<br />838,574 995,423
<br />1,365,760 734,811
<br />876,671
<br />(489,089)
<br />- 105.0%
<br />Ca i al
<br />Total Expenditures by Type
<br />838,574 995,423
<br />1,365,760 734,811
<br />876,671
<br />(48909)
<br />-35.8%
<br />Net Surplus /(deficit)
<br />327,655 (38,973)
<br />(56,787) 17,773
<br />(188,870)
<br />Beginning Cash Balance
<br />013,737 1,141,392
<br />1,102A19 1,102A19
<br />1,045,632
<br />Balance Sheet Adjustments
<br />- -
<br />-
<br />Ending Cash Balance
<br />1,141,392 1,102A19
<br />1,045,632 1,120,192
<br />856,762
<br />Staffing (FTE's)
<br />2011
<br />2012 6130112
<br />2013
<br />Valance
<br />Actual
<br />Budget Actual
<br />Budget
<br />2012 -2013
<br />Non - Bargaining
<br />-
<br />- -
<br />-
<br />-
<br />Bargaining
<br />-
<br />- -
<br />-
<br />-
<br />Pe" Time /Seasomy"Lem ra
<br />tal
<br />To FTE's
<br />Ex lain Si n'dicant Revenue, Expenditure and Staffing Changes Below:
<br />The 2013 budget assumes Me elimination of Me hob:Vmotel fax mvence of $489,152 received in M6 Funtl and passed through m the College Football
<br />Ha II of Fame. The tlebt service in the
<br />PSDA fund is for the 2010 Covekski Stadium
<br />bonds. Final paymenton the bonds
<br />6 due January 15, 2019. The
<br />2013 budget also mr'utles a $100,000 hansfer to the Century Center Capital Fund
<br />Th6 6 the same a mount since 2006.
<br />Page 180
<br />Form 1
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