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Page 294
<br />Form 1
<br />City of South Bend, Indiana
<br />2013 Budget Departmental Summary
<br />Fund Name
<br />I Century Center
<br />Fund Number 620
<br />Department Description & Purpose
<br />Century Centeria Convention Center aimed at attracting local and regional meetings, special events, trade shows, conventions,
<br />and banquets. Century
<br />Centerrecelves funding from charges for services,
<br />rental income, hotel /motel taxes and
<br />other sources.
<br />2012
<br />2013
<br />2010
<br />2011
<br />Amended
<br />6130112
<br />Praposetl
<br />Vadance
<br />%
<br />Description
<br />Actual
<br />Actual
<br />Budget
<br />Actual
<br />Budget
<br />2012 -2013
<br />Ch,
<br />Revenue
<br />Property Taxes
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />TorallncomeTaxes
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Other Taxes
<br />1,413,152
<br />1,413,436
<br />1,313,436
<br />1,313,436
<br />1,313,436
<br />-
<br />0.0%
<br />GaidaMideyovemmenal
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Charges forSewores
<br />1,110,492
<br />1,291,167
<br />1,407,915
<br />622,039
<br />1,476,332
<br />68,417
<br />4.9%
<br />Interest Earnings
<br />7,288
<br />1,839
<br />600
<br />142
<br />360
<br />(240)
<br />-00.0%
<br />Bond Proceeds
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Donations
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Other Income
<br />72,888
<br />81,744
<br />113,873
<br />52,087
<br />145,579
<br />31,706
<br />27.8%
<br />Transfers In
<br />Total Revenue
<br />2,603,820
<br />2,788,186
<br />2,835,824
<br />1,98],]04
<br />2,935,]0]
<br />99,883
<br />3.5%
<br />Expenditures by Cost Center
<br />Cenhlry Center
<br />3,15],16]
<br />2,678,401
<br />2,835,824
<br />1,207,345
<br />2,935,]0]
<br />99,883
<br />3.5%
<br />Transfer to Capital Fund 671
<br />-
<br />-
<br />1,344,057
<br />1,344,057
<br />-
<br />(1,344,057)
<br />- 100.0%
<br />Total Cost Center Expenditures
<br />3,15],16]
<br />2,678A01
<br />4,179,881
<br />2,551A02
<br />2,935,]0]
<br />(1,244,174)
<br />-29.8%
<br />Expenditures by Account Type
<br />Salaries B Wages
<br />1,242,917
<br />1,130,568
<br />1,275,194
<br />5F1,532
<br />1,234,445
<br />(40,749)
<br />-3.2%
<br />Fringe Benefits
<br />411,745
<br />348,8fi6
<br />471,420
<br />175,013
<br />414,226
<br />(57,194)
<br />-12.1%
<br />Other Personnel vests
<br />49,581
<br />46,259
<br />3,307
<br />294
<br />1,955
<br />(1,352)
<br />-00.9%
<br />Total Personnel
<br />1,704,243
<br />1,525,693
<br />1,749,921
<br />752,839
<br />1,650,626
<br />99,295
<br />-5.7%
<br />Supplies
<br />47,413
<br />58,726
<br />5],]00
<br />26,168
<br />54,875
<br />2,825
<br />4.9%
<br />Professional Sew.(31xx)
<br />142,748
<br />132,569
<br />153,403
<br />78,083
<br />15,169
<br />2,766
<br />1.8%
<br />Comm /frampordtion(32xx)
<br />31,4F]
<br />52,F15
<br />46,900
<br />15,790
<br />42,780
<br />(4,120)
<br />-8.8%
<br />Panting B Advertsing(33xx)
<br />19,4J]
<br />39,713
<br />35,950
<br />43,817
<br />44,055
<br />8,105
<br />22.5%
<br />Insurance(34xx)
<br />92,967
<br />56,354
<br />65,3fi4
<br />15,273
<br />52,740
<br />(12,624)
<br />-19.3%
<br />Utilities(35xx)
<br />245,807
<br />276,928
<br />309,383
<br />141,776
<br />269,499
<br />(39,884)
<br />-12.9%
<br />Repairs& Maintenance(36xx)
<br />60,907
<br />69,%2
<br />52,302
<br />30,345
<br />34,070
<br />(18,232)
<br />-34.9%
<br />Debt Service- Principal
<br />8,024
<br />3,743
<br />5,800
<br />2,969
<br />1,300
<br />(4,500)
<br />-F1.6%
<br />Debt Service- Inteest &Fees
<br />233,024
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Other Sooners; & Charges (39xx)
<br />227,389
<br />280,201
<br />262,101
<br />100,281
<br />30,593
<br />38,492
<br />14.7%
<br />Grants& Subsidies
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Payment In Lieu of Taxes
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Transf es Out
<br />-
<br />-
<br />1,344,057
<br />1,344,057
<br />-
<br />(1,344,057)
<br />- 100.0%
<br />Other Hhmcin Uses x
<br />Total Service &CM1arges
<br />1,061,820
<br />912,245
<br />2,275,260
<br />1,]]2,391
<br />901,206
<br />(1,3]4,054)
<br />- 214.4%
<br />capital
<br />343,691
<br />181,]3]
<br />97,000
<br />329,000
<br />232,000
<br />239.2%
<br />Total Expenditures by Type
<br />3,15],16]
<br />2,678A01
<br />4,179,881
<br />2,551,398
<br />2,935,]0]
<br />(1,244,174)
<br />-29.8%
<br />Net Surplus /(deficit)
<br />(553,347)
<br />109,785
<br />(1,344,057)
<br />(563,694)
<br />Beginning Cash Balance
<br />2,204,874
<br />1,819,289
<br />1,949,264
<br />1,949,264
<br />605,207
<br />Balance Sheet Adjustmants
<br />16],]62
<br />20,190
<br />-
<br />27,828
<br />Ending Cash Balance
<br />1,819,289
<br />1,949,264
<br />605,207
<br />1A13,398
<br />605,207
<br />Staffing (FTE's)
<br />2011
<br />2012
<br />6130112
<br />2013
<br />Valance
<br />Actual
<br />Budget
<br />Actual
<br />Budget
<br />2012 -2013
<br />Non - Bargaining
<br />16.00
<br />17.00
<br />16.00
<br />17.00
<br />-
<br />Bargaining
<br />6.00
<br />7.00
<br />5.00
<br />5.00
<br />(2.00)
<br />Pad- Time /SeasonaVTem ra
<br />2.50
<br />3.00
<br />3.50
<br />3.50
<br />0.50
<br />TOUT FTE's
<br />24.50
<br />27.00
<br />24.50
<br />25.50
<br />(1.50)
<br />Explain Significant Revenue, Expenditure and Staffing
<br />Changes Below:
<br />Sgnificant incense in charges for services and other income due to addition of
<br />a full-time Sales/Marketing Manager and the increase
<br />in the numberof
<br />vents. Also, partnering with Front Row Mmimbmg. Expenddures
<br />will be lower in
<br />2013 in the category
<br />ber use of two fewer positions.
<br />Utility savings are
<br />expected due to the mlamping pmject
<br />and w hem's comprathaton
<br />promiums have dec ased. Advertising and printing
<br />costs am expected
<br />to increase
<br />due to incensed marketing indetives and commission expense will immune with incmased AV revenue. The 2013
<br />budget is balanced
<br />aid includes
<br />Page 294
<br />Form 1
<br />
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