Laserfiche WebLink
Page 195 <br />Form 1 <br />City of South Bend, Indiana <br />2013 Budget Departmental Summary <br />Fund Name <br />I Cumulative Capital Development <br />Fund Number 406 <br />Department Dieredp leer 8 Purpose <br />Acmunt for expenditures selahng to the purchase or Rase of capdal improvements a the City. In recant years, this fund has <br />been used to Rase repRCement price vehices and neared equipment. Financing is provided bypropedy tax revenues, auto <br />ise tax, commercial vehicle tax, and payment m lmu of taxes (PILOT). <br />2012 <br />2013 <br />2010 2011 Amentletl 6130112 <br />Pmposetl Variance <br />% <br />Description <br />Actual Actual Budget Actual <br />Budget 2012 -2013 <br />Ch, <br />Revenue <br />Property Taxes <br />587,063 540,454 550,000 284,256 <br />536,600 (20,000) <br />-3.6% <br />Loral Income Taxes <br />- - - - <br />- - <br />- <br />Other Taxes <br />49,580 43,514 37,635 20,445 <br />42,072 4,437 <br />11.8% <br />Gaidshideyovemmenfal <br />- - - - <br />- - <br />- <br />Charges her Services <br />- - - - <br />- - <br />- <br />Interest Earnings <br />3,267 1,769 3,500 2,040 <br />4,000 500 <br />14.3% <br />Bond Proceeds <br />- - - - <br />- - <br />- <br />Donations <br />- - - - <br />- - <br />- <br />Other Income <br />125,242 45,140 43,]68 21,884 <br />46,054 2,286 <br />5.2% <br />Transfers In <br />Total Revenue <br />765,152 630,8]] 634,903 328,625 <br />622,126 <br />12, <br />-2.0% <br />Expenditures by Cost Center <br />Police Dept. Vehicle Leases <br />705,225 4fi6,990 582,845 21],0]1 <br />8]4,]16 <br />291,871 <br />50.1% <br />Police Dept. Vehicle Cost <br />- - 20,000 13,600 <br />36,000 <br />16,000 <br />80.0% <br />Admiustatwe Allocations <br />- 1,224 6% 318 <br />504 <br />(132) <br />-20.8% <br />Information Technology <br />651,725 32,684 - - <br />- <br />- <br />- <br />ORiceSuppliesBFumishings <br />27,826 64 - - <br />- <br />- <br />- <br />Total Cost Center Expenditures <br />1,394,]]6 501,538 603,481 230,989 <br />911,220 <br />30],]39 <br />51.0% <br />Expenditures by Account Type <br />Salanesa Wages <br />- - - <br />- <br />- <br />- <br />Fdnge Benefits <br />- - - <br />- <br />- <br />- <br />Other Personnel casts <br />- - - <br />- <br />- <br />- <br />Total Personnel <br />Supplies <br />6,227 <br />Professional Sew.(31xx) <br />81,104 - - - <br />- <br />- <br />- <br />Comm/famportation(32xx) <br />- - - - <br />- <br />- <br />- <br />Pnnting 8 Advertising (33xx) <br />- - - - <br />- <br />- <br />- <br />Insuance (34xx) <br />- 1,224 6% 318 <br />504 <br />(132) <br />-20.8% <br />Utilities(35xx) <br />- - - - <br />- <br />- <br />- <br />Repairs8 Wintenance(36xx) <br />241,736 - - - <br />- <br />- <br />- <br />Debt Service- Principe l <br />612,923 294,187 555,421 202,265 <br />808,4T] <br />253,056 <br />45.6% <br />Debt Service- Intemst B Fees <br />92,302 172,802 27,424 14,806 <br />56,239 <br />38,815 <br />141.5% <br />Other Services B Charges(39xx) <br />- - - - <br />- <br />- <br />- <br />GantsSSubsidies <br />- - - - <br />- <br />- <br />- <br />Payment In Lieu of Taxes <br />- - - - <br />- <br />- <br />- <br />Transfers Out <br />- - - - <br />- <br />- <br />- <br />Other Finmmn Uses x <br />Total Service &CM1arges <br />1,028,065 468,213 583,481 217,389 <br />875,220 <br />291,739 <br />166.3% <br />Capital <br />360,484 33,325 20,000 13,600 <br />36,000 <br />16,000 <br />80.0% <br />Total Expenditures by Type <br />1,394,]]6 501,538 603,481 230,989 <br />911,220 <br />30],]39 <br />51.0% <br />Net Surplus /(deficit) <br />(629,624) 129,339 31,422 97,636 <br />(289,094) <br />Beginning Cash Balance <br />1,322,514 692,890 822,229 822,229 <br />853,651 <br />Balance Sheet Adjustmants <br />- - - <br />- <br />Ending Cash Balance <br />692,890 822,229 853,651 919,865 <br />564,55] <br />Staffing (FTE's) <br />2011 2012 6130112 <br />2013 Variance <br />Actual Budget Actual <br />Budget 2012 -2013 <br />Non - Bargaining <br />- - - <br />- - <br />Bargaining <br />- - - <br />- - <br />Part- Time /SeasonaVTem a <br />Toal FTE's <br />Explain Significant Revenue, Expenditure and Staffing Changes Below: <br />The fund R used primarily to wee(pumhase apmannert of 40-50 police vehicles and related equipment peryear. <br />Lease teams are for a two year <br />leaned. The source of funding R primanly a rusticated! properly tax ate that is determined! by the DLGF. Othersources of funding include auto excise tax, <br />commercial vehicle excise his and city payment in lieu of taxes from the wastewater and water utilities. Intemst rates on capital teases have been <br />ranging from 1.34 %to 1.93% in amen[ years. In 2010, this furl was used for information technology costs but these costs ware transferred to the GOIT <br />Page 195 <br />Form 1 <br />