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Page 246 Form 1 City of South Bend, Indiana 2013 Budget Departmental Summary Fund Name I Water Works - Did t Reserve fund Fund Number 626 Department Description 8 Purpose Restarted funds required to ensure complarace wah certain debt service bond covenants. Balance in fund determined by debt sewceficamegarmagementsetboadenscance. Funds on deposa with trustee. Bank of New York Trust account. 2012 2013 2010 2011 Amentletl 6130112 Prep osetl Variance % Description Actual Actual Budget Actual Budget 2012 -2013 Ch, Revenue Pmperly Taxes - - - - - - - LoralIncome Taxes - - - - - - Other Taxes - - - - - - - Ganallideyovemmenal - - - - - - ChargesforSewicas - - - - - Interest Earnings 162 606 599 1,343 3,000 2,500 500.0% Bond Proceeds - - - - - - Donations - - - Other Income - - - - Temsfemin 121,000 304,795 90],]96 152,396 30],809 (599,987) 66.1% Total Revenue 121,162 305,401 908,296 153,739 310,809 597p8 65.8% Expenditures by Cost Center Operating Fund 161 - - - - - Total Cost Center Expenditures 161 Expenditures by Account Type Salaries B Wages - - - - - Fdnge Benefits - - - - - Other Personnel vests - - - Total Personnel Supplies Professional Sew.(31xx) - - - - - Comm//ransportation(32xx) - - - - Pdnting It Advertising (33xx) - - - - Insurance (34xx) - - - - Utilities(35xx) - - - Retain; It Maintenance (36xx) - - - - DebtBusse - Principal - - - - - DebtBusie - Intemst B Fees - - - - Other Basses B Charges (39xx) - - - - - GrantsSSuthadles - - - - Payment In Lieu of Taxes - - - - - Temsfem Out 161 - - - r Ua x SFimmk TOottael erve B 1 Ca tai Total Expenditures by Type 161 Net Surplus I(defic0) 121,001 305,401 908,296 153,739 310,809 Beginning Cash Balance - 121,002 426,403 426,403 1,334,699 Balance Sheet Adjustmants 1 - - - - Ending Cash Balance 121,002 426,403 1,334,699 580,142 1,645,508 Staffing (FTE's) 2011 2012 6130112 2013 Variance Actual Budget Actual Budget 2012 -2013 Non - Bargaining - - - - - Bargaining - - - - - Pad- Time /SeasonaVTem a Total FTE's n'rficant Revenue, Expenditure and Staffing Changes Below: nants require /bat rash be set asitle in tlebt service necerve funtls as security for bontl holden; in Me even[Mat Me bonox¢r ran rot make ce payments. TM1an mounts Fd set aside in tlebt service reserve funds an: calculated! for Me City by consultant Crowe HonwaM. The 2012 -2013 ecrease, in bansfened in revenue is a Wibuted to a one time 100 % fully funded reserve amount mceived from the 2012 bond proceeds. Page 246 Form 1