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City of South Bend, Indiana <br />2013 Budget Departmental Summary <br />Fund Name Water Works - Sinkin funs Debt Service Fund Number 625 <br />2012 Accom lisbments /Outcomes 4 -10 re uiretl <br />Satified Debt Oblgations <br />Earned interest on imeshourn <br />Met an adequate revenue bond debtco rage pe ntage <br />Expend t t %of debt service (PSI) <br />City Strategy <br />2013 Department Goals 8 Objectives /Links a to City Strategies 4 -10 required) Number <br />Meet annual debt oU,.tio.s <br />1 <br />Satisfy debt coverage provided from available net revenues <br />1 <br />Avoid increasing the Annual Debt Service Cost per Customer ($2,100,881 142,30D customers= $ 50) <br />1 <br />Expend 16% of debt service (PSI) <br />1 <br />2013 Signifies at Chan es /Cballen es /O odunities with a focus on solutions <br />Incurs as available net revenues to provide a higher percentage of debt coverage <br />Ke Performance Indicators 3-6 required) <br />2011 2012 <br />Actual Estimated 2013 <br />Measure T Target ifavailable ifavailable Pm action <br />ONgation met as %of Target Outcome 100% 100% 100% 1OD% <br />Revenue Bonds Debt Coverage Outerme 140% 138% N/A 14D% <br />Revenue Bonds Retirement % Outcome 10% 15.4% 5.5% 8.5% <br />Debt Service Cost Per Customer Outerme $50 $84 $39 $50 <br />Types. output, efficiency, effectiveness, quality, outcome, technology <br />Page 244 <br />Form 1 <br />