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City of South Bend, Indiana <br />2013 Budget Departmental Summary <br />Name I Water Works - Debt Reserve tuna Fund Number 626 <br />m Investments <br />Revenue Bonds of 2012 fully funded associated mserve from bond pnxeeds <br />ding a reserve for throe outstanding bonds with downgmtled surety policies previously purchased <br />CKy Strategy <br />me with voluntary reserve funding for the 2000, 2002, and 2006 bonds due to downgraded surety policies <br />interest on investments <br />m twelve deposits am sent annually to the Bank of New York Trust Account as agared upon <br />Key Performance Indicators M required) <br />2011 <br />2012 <br />Actual <br />Estimated <br />2013 <br />Measure <br />Type <br />Target <br />if available <br />if available <br />Pm action <br />Reserves met as %of Target <br />output <br />100% <br />100% <br />100% <br />199% <br />2009A Monthly Deposd- BoNYMelbn <br />output <br />12 /deposits <br />12 <br />12 <br />12 <br />Interest income earnings <br />output <br />$3,500 <br />$606 <br />$2,600 <br />$3,999 <br />T,wr. output, efficiency, effectiveness, quality, outwore, <br />technology <br />Page 247 <br />Form 1 <br />