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Page 279
<br />Form 1
<br />City of South Bend, Indiana
<br />2013 Budget Departmental Summary
<br />Fund Name
<br />ISinuage, Works Debt Service Reserve /antl
<br />Fund Number 653
<br />Department Description B Purpose
<br />Fund used In ran mandatorybondreserve mouses acmNmg In bond covenants
<br />2012
<br />2013
<br />2010 2011 Amended 6130112
<br />Prop osetl Variance
<br />%
<br />Description
<br />Actual Actual Budget Actual
<br />Budget 2012 -2013
<br />Ch,
<br />Revenue
<br />Property Taxes
<br />- - - -
<br />- -
<br />-
<br />Local lncomeTaxes
<br />- - - -
<br />- -
<br />Other Taxes
<br />- - - -
<br />- -
<br />-
<br />Gen1s/Infeyovemmental
<br />- - -
<br />- -
<br />-
<br />ChamesforSewices
<br />- - -
<br />- -
<br />Interest Earnings
<br />14,267 4,901 30,599 39,124
<br />60,000 29,500
<br />96.7%
<br />Bond Proceeds
<br />- - -
<br />- -
<br />-
<br />Donatione
<br />- - -
<br />Other Income
<br />- - -
<br />-
<br />Tcansfemin
<br />1,04,fi65 2,138,915 1,936,645 250,094
<br />1,745,314 (191,331)
<br />-9.9%
<br />Total Revenue
<br />1,058,932 2,143,816 1,967,145 280,218
<br />1,805,314
<br />161,831
<br />-8.2%
<br />Expenditures by Cost Center
<br />Total Cost Center Expenditures
<br />Expenditures by Account Type
<br />Salaries B Wages
<br />- - -
<br />-
<br />-
<br />Fdnge Benefits
<br />- - -
<br />-
<br />-
<br />Other Personnel rests
<br />- -
<br />-
<br />-
<br />Total Pervermel
<br />Supplies
<br />Professional Sew.(31xx)
<br />- - -
<br />-
<br />-
<br />Comm/frampord[ion(32xx)
<br />- - -
<br />-
<br />Pdnting It Advertising (33xx)
<br />- - -
<br />-
<br />Insuance (34xx)
<br />- - -
<br />-
<br />Ublities(35xx)
<br />- - -
<br />Bataan; It Maintenance (36xx)
<br />- - -
<br />-
<br />DebtSerame - Principal
<br />- - -
<br />-
<br />DebtSerie - Interest B Fees
<br />- - -
<br />-
<br />Other SernmesB Charges (39xx)
<br />- - -
<br />-
<br />GentsBSubodies
<br />- - -
<br />-
<br />Payment In Lieu of Taxes
<br />- - -
<br />-
<br />Tcansfem Out
<br />- - -
<br />-
<br />OlherFinancin Uses x
<br />Total Service 8 CM1a es
<br />0.0
<br />Capital
<br />Total Expeirnfilmores, b Type
<br />Net Surplus /(deficit)
<br />1,058,932 2,143,816 1,967,145 280,218
<br />1,805,314
<br />Beginning Cash Balance
<br />4,541,322 5,600,2% 7,]4,0]0 7,74,070
<br />9,711$15
<br />Balance Sheet Adjustments
<br />- - - -
<br />-
<br />Ending Cash Balance
<br />5,600,254 7,74,070 9,711,215 8,024,288
<br />11,516,529
<br />Staffing (FTE's)
<br />2011 2012 6130112
<br />2013 Variance
<br />Actual Budget Actual
<br />Budget 2012 -2013
<br />Non - Bargaining
<br />- - -
<br />- -
<br />Bamaining
<br />- - -
<br />- -
<br />Part- Time /SeasonapTem a
<br />TataI FTE's
<br />Explain Sign'rficanl Revenue, Expenditure and Staffing Changes Below:
<br />Rega mservea almost fully funded, per Crowe Homath schedules. Newer bond ( 201082011) rawaves were
<br />fully funded from the bond proceeds
<br />at the time of issue. This fund has no
<br />expenses -funds an; moved to this fund and held in mserve, to satisfy bond issue covenants. An estimated $1.7
<br />million would be transferred in from Fund
<br />653 from the proceeds of a rew bond issuance.
<br />Page 279
<br />Form 1
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