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Page 237
<br />Form 1
<br />City of South Bend, Indiana
<br />2013 Budget Departmental Summary
<br />Fund Name
<br />I Water Works - Bond ConsVUCtion /untl
<br />Fund Number 6T3
<br />Department Description 8 Purpose
<br />The restricted hand is used for the purpose ofsegragating financed capdal
<br />2012
<br />2013
<br />2010
<br />2011 Amended
<br />6130112
<br />Purposed
<br />Variance
<br />%
<br />Descdpfian
<br />Actual
<br />Actual Budget
<br />Actual
<br />Budget
<br />2012 -2013
<br />Ch,
<br />Revenue
<br />Property Taxes
<br />-
<br />- -
<br />-
<br />-
<br />-
<br />-
<br />Local Income Taxes
<br />-
<br />- -
<br />-
<br />-
<br />-
<br />-
<br />01herTaxes
<br />-
<br />- -
<br />-
<br />-
<br />-
<br />-
<br />Gan6llnteyovemmen al
<br />-
<br />- -
<br />-
<br />-
<br />-
<br />-
<br />ChargesforSewices
<br />-
<br />- -
<br />-
<br />-
<br />-
<br />Interest Earnings
<br />10,555
<br />1,764 5,999
<br />338
<br />18,000
<br />13,000
<br />260.0%
<br />Bond Proceeds
<br />-
<br />- 8,300,000
<br />8,345,333
<br />-
<br />(8,300,000)
<br />- 100.0%
<br />Donations
<br />-
<br />- -
<br />-
<br />-
<br />-
<br />-
<br />01M1erizome
<br />-
<br />- 21,000
<br />-
<br />-
<br />(21,000)
<br />- 100.0%
<br />Transfers In
<br />Total Revenue
<br />10,555
<br />1,764 8,326,000
<br />8,345,671
<br />18,000
<br />813081000
<br />-99.8%
<br />Expenditures by Cost Center
<br />Supply B Tmatinant Operations
<br />164,1o0
<br />9,764 169,832
<br />19,932
<br />2,400,000
<br />2,230,168
<br />1313.2%
<br />D¢Nbution Operations
<br />3,13],43]
<br />]84,5]2 3,123,458
<br />661,513
<br />1,746,525
<br />(1,376,933)
<br />-04.1%
<br />Bond Closing Cost
<br />-
<br />- 430,000
<br />128,293
<br />-
<br />(430,000)
<br />- 100.0%
<br />Debt Service Reserve Funding
<br />-
<br />- 600,000
<br />-
<br />-
<br />(608000)
<br />- 100.0%
<br />Total Cost Center Expenditures
<br />3,301,537
<br />794,336 4,323$90
<br />809,738
<br />4,146,525
<br />(1]6,]65)
<br />4.1%
<br />Expenditures by Account Type
<br />Salanesa Wages
<br />-
<br />- -
<br />-
<br />-
<br />Fdnge Benefits
<br />-
<br />- -
<br />-
<br />-
<br />Other Personnel vests
<br />-
<br />- -
<br />-
<br />-
<br />Total Personnel
<br />Supplies
<br />129,962
<br />14,078
<br />Professional Sew.(31xx)
<br />711
<br />- -
<br />128,293
<br />-
<br />-
<br />Comm//rarepordtion(32xx)
<br />-
<br />- -
<br />-
<br />-
<br />Pdnting It Advertising (33xx)
<br />-
<br />- -
<br />-
<br />-
<br />Insurance (34xx)
<br />-
<br />- -
<br />-
<br />-
<br />Ublities(35xx)
<br />-
<br />- -
<br />-
<br />Retain; It Maintenance(36xx)
<br />-
<br />- -
<br />-
<br />-
<br />DebtSewice- Principal
<br />-
<br />- -
<br />-
<br />-
<br />Debt Sewie,- Intemst B Fees
<br />-
<br />- -
<br />-
<br />01herServlcesB Charges (39xx)
<br />-
<br />- -
<br />-
<br />-
<br />-
<br />Gains 8Subsidies
<br />-
<br />- -
<br />-
<br />Payment In Lieu of Taxes
<br />-
<br />- -
<br />-
<br />-
<br />-
<br />Transfers Out
<br />-
<br />-
<br />-
<br />OtM1erFimmu Uses x
<br />Total Service BCM1arges
<br />]11
<br />128,293
<br />0.0%
<br />Capital
<br />3,170,864
<br />780,258 4,323,290
<br />681,445
<br />4,146,525
<br />1]6,]65
<br />4.1%
<br />Total Expenditures by Type
<br />3,301,537
<br />794,336 4,323,290
<br />809,738
<br />4,146,525
<br />(1]6,]65)
<br />4.1%
<br />Net Surplus /(deficit)
<br />(3,290,982)
<br />(]92,5]2) 4,002,710
<br />7,535,933
<br />(4,128,525)
<br />Beginning Cash Balance
<br />4,230,368
<br />939,387 146,815
<br />146,815
<br />4,149,525
<br />Balaze Sheet Adjustments
<br />1
<br />- -
<br />-
<br />-
<br />Ending Cash Balance
<br />939,387
<br />146,815 4,149,525
<br />],682,]48
<br />21,000
<br />Staffing (FTE's)
<br />2011 2012
<br />6130112
<br />2013
<br />Varance
<br />Actual Budget
<br />Actual
<br />Budget
<br />2012 -2013
<br />Non - Bargaining
<br />- -
<br />-
<br />-
<br />-
<br />Bargaining
<br />- -
<br />-
<br />-
<br />-
<br />Part- Time SeasonaVTem ra
<br />Total FIFE!
<br />Explain Significant Revenue, Expenditure and Staffing
<br />Changes Below:
<br />The date of the 2012 Water W odes Bond closing is 6.21.12. Bond documents identify 100% of proceeds being expanded within 18 months from the
<br />date of the issuance of Me bonds.
<br />Page 237
<br />Form 1
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