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Page 204
<br />Form 1
<br />City of South Bend, Indiana
<br />2013 Budget Departmental Summary
<br />Fund Name
<br />JMiomm..
<br />Fund Number 417
<br />Department Description 8 Purpose
<br />Fund accounts /brprocoeds of one -throe State of Inrbana Toll Read Lease distribution of $12,823,151 recemedln 2006. The City
<br />has issued thus money to make bans to certain economic development projects
<br />to be reand Gom tax inurement features,
<br />revenue and otherlmporess mfmshutump jells.
<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 />- - - -
<br />- -
<br />-
<br />LorallncomeTaxes
<br />- - - -
<br />- -
<br />Other Taxes
<br />- - - -
<br />- -
<br />-
<br />GanallnfeyovemmenGl
<br />- - - -
<br />- -
<br />-
<br />ChargesforSrunces
<br />- - - -
<br />- -
<br />Interest Earnings
<br />36,180 A,800 384,664 52,040
<br />289,648 (95,016)
<br />-24.7%
<br />Bond Proceeds
<br />- - - -
<br />- -
<br />-
<br />Donations
<br />- - - -
<br />- -
<br />Other Income
<br />- 32,036 320,884 16,621
<br />239,014 (81,870)
<br />-25.5%
<br />Transfers In
<br />41,442
<br />Total Revenue
<br />77,622 109,896 705,548 68,661
<br />528,662
<br />17606
<br />-25.1%
<br />Expenditures by Cost Center
<br />Etltly Smat Commons?dmgle Dee.
<br />962,470 293,466 1,446,923 571,869
<br />-
<br />(1,440,923)
<br />- 100.0%
<br />US 31 Relocation
<br />- 43,200 12,800 11,932
<br />(12,800)
<br />- 100.0%
<br />Olive Sample Overpass Design
<br />- - - -
<br />1,680,000
<br />1,680,000
<br />-
<br />MainStuartLeeWayStuartDesign
<br />- - - -
<br />600,000
<br />60[1
<br />-
<br />Total Cost Center Expenditures
<br />962,470 336,666 1A59,723 583,801
<br />2,280,000
<br />020,2
<br />56.2%
<br />Expenditures by Account Type
<br />Salaries B Wages
<br />- - -
<br />-
<br />-
<br />-
<br />Fuse Benefits
<br />- - -
<br />-
<br />-
<br />-
<br />Other Personnel rests
<br />- -
<br />-
<br />-
<br />-
<br />Total Personnel
<br />Su lies
<br />Professional Sew.(31xx)
<br />- - -
<br />-
<br />-
<br />Comm- FcmhWdrbsn(32xx)
<br />- - -
<br />-
<br />-
<br />Pnnting It Advertising (33xx)
<br />- - -
<br />-
<br />-
<br />Insurance (34xx)
<br />- - -
<br />-
<br />-
<br />Utilities(35xx)
<br />- - -
<br />-
<br />-
<br />Repairs8 Maintenance(%xx)
<br />- - -
<br />-
<br />-
<br />DebtSavice- Principal
<br />- - -
<br />-
<br />-
<br />DebtSavice- Interest B Fees
<br />- - -
<br />-
<br />Other ServlcesS Charges (39xx)
<br />- - -
<br />-
<br />-
<br />GrantsBSubsidies
<br />- - -
<br />-
<br />Payment In Lieu of Taxes
<br />- - -
<br />-
<br />-
<br />Tandems Out
<br />- - -
<br />-
<br />Off erEinancin Uses 00xx
<br />Total Service 8 CM1arges
<br />Ca ilal
<br />962,470 336,656 1,459,723 583,801
<br />2,280,000
<br />820,277
<br />56.2%
<br />Total Expenditures by Type
<br />962,470 336,666 1A59,723 583,801
<br />2,280,000
<br />820,=
<br />56.2%
<br />Net Surplus /(deficit)
<br />(884,848) (226,770) (754,175) (515,140)
<br />(1,751,338)
<br />Beginning Cash Balance
<br />10,435,973 9,551,125 9,324,355 9,324,355
<br />7,070,180
<br />Balance Sheet Adjustments
<br />- - (1,500,000) -
<br />-
<br />Ending Cash Balance
<br />9,551,125 9,324,355 7,070,180 8,809,215
<br />5,318,842
<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 ra
<br />TotuI FTE's
<br />Ex lain Significant Revenue, Expenditure and Staffing Changes Below:
<br />The Council aulhonzed expenditures from Major Moves of upto $1,000,000 (Douglas Road), 54,1,000 (Eddy Stuart Counter) and $2,000,000
<br />(Triangle Development) to to repaid with TIE pmperty dx revenue. The Douglas Read project was completed in 2009, Etltly Stuart Commons was
<br />completed in 2011 aid the Triangle Development poje t will be completed] in 2012. 2013 expenditures consist of $1,680,000
<br />for resign and ROW
<br />owhution of the Olive Sample Overpass and $600,000 for the design of the convension of S curve removal and the conversion of Main Stuart to
<br />Page 204
<br />Form 1
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