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Page 249 <br />Form 1 <br />City of South Bend, Indiana <br />2013 Budget Departmental Summary <br />Fund Name <br />Water Works- Operating and Maintenance Reserve <br />Fund Number 629 <br />Department Description 8 Purpose <br />Restricted cash Meals for the purpose offends, funds in the reserve for fiscal passable against the risk ofrevenue shortfalls. <br />2012 <br />2013 <br />2010 2011 Amentletl 6130112 <br />Pmposetl <br />Valance <br />% <br />Description <br />Actual Actual Budget Actual <br />Budget <br />2012 -2013 <br />Ch, <br />Revenue <br />Property Taxes <br />- - - - <br />- <br />- <br />- <br />Lure llncemeTaxes <br />- - - - <br />- <br />- <br />Other Taxis; <br />- - - - <br />- <br />- <br />- <br />Gan6/Inteyovin men al <br />- - - <br />- <br />- <br />- <br />ChaigesforServbes <br />- - - <br />- <br />- <br />- <br />InterestEamings <br />8,691 7,206 8,509 5,]8] <br />7,500 <br />(1,000) <br />-11.8% <br />Bond Proceeds <br />- - - - <br />- <br />- <br />- <br />Donations <br />- - - - <br />- <br />- <br />Other Income <br />- - - - <br />- <br />- <br />- <br />Tansfersln <br />98],810 121,426 121,426 <br />40,053 <br />(81,373) <br />67.0% <br />Total Revenue <br />996,501 7,206 129,926 127,213 <br />47,553 <br />82,373 <br />63.4% <br />Expenditures by Cost Center <br />Operating Fund Transfer <br />8,691 7,206 8,500 5,]8] <br />7,500 <br />(1,000) <br />-11.8% <br />Capital Fund Transfer <br />- 905,131 - - <br />- <br />- <br />- <br />Total Cost Center Expenditures <br />8,691 912,337 8,500 5,]8] <br />7,500 <br />(1,000) <br />-11.8% <br />Expenditures by Account Type <br />Salaries B Wages <br />- - - <br />- <br />- <br />Fdnge Beholds <br />- - - <br />- <br />- <br />Other Personnel vests <br />- - - <br />- <br />- <br />Total Personnel <br />Supplies <br />Professional Sew.(31xx) <br />- - - <br />- <br />- <br />Comm/fawsponation(32xx) <br />- - - <br />- <br />- <br />PmAng 8 Advertising (33xx) <br />- - - <br />- <br />- <br />Insurance (M.) <br />- - - <br />- <br />- <br />UbliOes(35xx) <br />- - - <br />- <br />- <br />Repaks8Maintenance(%xx) <br />- - - - <br />- <br />- <br />DebtSavice- Principal <br />- - - - <br />- <br />- <br />Debt Service- Intemst B Fees <br />- - - <br />- <br />Other SeagresBChanges(39xx) <br />- - - - <br />- <br />- <br />- <br />GantsBSubarea; <br />- - - - <br />- <br />- <br />- <br />Payment In Lieu of Taxes <br />- - - - <br />- <br />- <br />- <br />TansfersOut <br />8,691 912,337 8,500 5,]8] <br />7,500 <br />(1,000) <br />-11.8% <br />Other Fkghmn Uses x <br />Total Service BCM1arges <br />8,691 912,337 8,500 5,]8] <br />7,500 <br />(1,000) <br />-11.8% <br />Ca i al <br />Total Expenditures by Type <br />8,691 912,337 8,500 5,]8] <br />7,500 <br />(11000) <br />-11.8% <br />Net Surplus /(deficit) <br />987,810 (905,131) 121,426 121,426 <br />40,053 <br />Beginning Cash Balance <br />1,782,126 2,769,936 1,864,805 1,864,805 <br />1,986 ,231 <br />Balance Sheet Adjustments <br />- - - <br />Ending Cash Balance <br />2,769,936 1,864,805 1,986,231 1,986,231 <br />2,026,284 <br />Staffing (FTE's) <br />2011 2012 6130112 <br />2013 <br />Variance <br />Actual Budget Actual <br />Budget <br />2012 -2013 <br />Non - Bargaining <br />- - - <br />- <br />- <br />Bargaining <br />- - - <br />- <br />- <br />Part- Time- SeasonaOTem a <br />Total FTE's <br />Explain Significant Revenue, Expenditure and Staffing Changes Below: <br />In 2011 the city's rash reserve policy was changetl to beer the water utility's reserve a,mmanen[ from 25% to 16.7% based on the acommendati el of <br />Came Hormath. Surplus monies vane transferred to the ragdl improvement fund. <br />Page 249 <br />Form 1 <br />