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Page 216
<br />Form 1
<br />City of South Bend, Indiana
<br />2013 Budget Departmental Summary
<br />Fund Name
<br />I College Football Hall of Fame Capital Funtl
<br />Fund Number 677
<br />Department Description 8 Purpose
<br />Fund is used to fund romem antl maintenance of the builtling and infeastmcture components at the cw -owned College Falling
<br />Hall of Fame building. Fund received revenue hansfers ofprofessronal sports development area(PSDA) hems
<br />from Fund 377
<br />of$200,000peryearthmugh 2010.
<br />2012
<br />2013
<br />2010 2011 Amentled 6130112
<br />Proposed Variance
<br />%
<br />Description
<br />Actual Actual Budget Actual
<br />Budget 2012 -2013
<br />Ch,
<br />Revenue
<br />Pmpedy Taxes
<br />- - - -
<br />- -
<br />-
<br />Local Income Taxes
<br />- - - -
<br />- -
<br />Other Taxes
<br />- - - -
<br />- -
<br />-
<br />Ganalluteyovemmenfal
<br />- - - -
<br />- -
<br />-
<br />ChayesforSewices
<br />- - - -
<br />- -
<br />Interest Earnings
<br />4,024 2,910 4,500 2,465
<br />4,500 -
<br />0.0%
<br />Bond Proceeds
<br />- - - -
<br />- -
<br />-
<br />Donations
<br />- - - -
<br />- -
<br />Other Income
<br />- - 115,286 107,313
<br />- (115,286)
<br />- 100.0%
<br />Transfers In
<br />200,000
<br />Total Revenue
<br />204,024 2,910 119,786 109,778
<br />4,500
<br />115,286
<br />-%.2%
<br />Expenditures by Cost Center
<br />Hall of Fame Buiding
<br />202,924 162,706 370,040 256,898
<br />173,351
<br />(196,689)
<br />-53.2%
<br />Liadlily Insurance
<br />- 5,556 4,236 2,118
<br />4,176
<br />(60)
<br />-1.4%
<br />Total Cost Center Expenditures
<br />202,924 168,262 374,276 259,016
<br />177,527
<br />(196,749)
<br />-52.6%
<br />Expenditures by Account Type
<br />SalanesB Wages
<br />- - -
<br />-
<br />-
<br />-
<br />FmW Benefits
<br />- - -
<br />-
<br />-
<br />-
<br />Other Personnel cents
<br />- - -
<br />-
<br />-
<br />-
<br />Total Personnel
<br />Supplies
<br />2,902 9,274 14,500
<br />15,000
<br />500
<br />3.4%
<br />Professional Sew.(31xx)
<br />- - - -
<br />-
<br />-
<br />-
<br />Comm/framporation(32xx)
<br />- - - -
<br />-
<br />-
<br />-
<br />Pnnting It Advertising (33xx)
<br />- - - -
<br />-
<br />-
<br />-
<br />Insurance(34xx)
<br />- 5,556 4,236 2,118
<br />4,176
<br />(60)
<br />-1.4%
<br />Ubhtme (35xx)
<br />- - - -
<br />108,051
<br />108,051
<br />-
<br />Repalrsli Maintrumme,(%xx)
<br />151,334 153,432 355,540 256,898
<br />Sg3o0
<br />(305,240)
<br />-85.9%
<br />Debt Service- Principal
<br />- - - -
<br />-
<br />-
<br />-
<br />DebtService- Interest B Fees
<br />- - - -
<br />-
<br />-
<br />-
<br />Other SarvlcesliChayes(39xx)
<br />- - - -
<br />-
<br />-
<br />-
<br />GranfsBSubsidles
<br />- - - -
<br />-
<br />-
<br />-
<br />Payment In Lieu of Taxes
<br />- - - -
<br />-
<br />-
<br />-
<br />Transfe s Out
<br />- - - -
<br />-
<br />-
<br />-
<br />Oth ,Hnmmn Uses x
<br />Total Service BCM1arges
<br />151,334 158,988 359,776 259,016
<br />162,527
<br />(197,249)
<br />-87.3%
<br />capital
<br />48,688
<br />Total Expenditures by Type
<br />202,924 168,262 374,276 259,016
<br />177,527
<br />(196,749)
<br />-52.6%
<br />Net Surplus /(deficit)
<br />1,100 (165,352) (254A90) (149$38)
<br />(173,027)
<br />Beginning Cash Balance
<br />1,038,704 1,039,804 874,452 874,452
<br />619,962
<br />Balance Sheet Adjustments
<br />- - - -
<br />-
<br />Ending Cash Balance
<br />1,039,804 874,452 619,962 725,214
<br />446,935
<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 />BaMaining
<br />- - -
<br />- -
<br />Pad- Time /SeasonaVTem ra
<br />Total FTE's
<br />Explain Significant Revenue, Expenditure and Staffing Changes Below:
<br />At the end of 2012, the Hall of Fame is scheduled to cease operations in South Bend, Indiana. The 2013 budget pro,si Iincludes money for utilities,
<br />maintenance and again, to keep the
<br />budget functioning if this occurs. Expenditures in 2011 and 2012 am high due
<br />to two wafer mitigation incidents with
<br />par al mimbmsement by insurance in
<br />the amount of $107,313 deposited on Apnl 5, 2012 and an additional payment
<br />of $7,973 deposited on August 7,
<br />2012. Agreed net insurance claim was $115,286.
<br />Page 216
<br />Form 1
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