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Page 324 <br />Form 1 <br />City of South Bend, Indiana <br />2013 Budget Departmental Summary <br />Fund Name <br />TU Revenue- Airport <br />Fund Number 324 <br />Department Description 8 Purpose <br />Improvement often Airport Encomem Development Area resume funds captured from assessed value increase in the area over <br />time undertax increment financing (TIF) program. <br />2012 <br />2013 <br />2010 <br />2011 <br />Amentled <br />6130112 <br />Prop osetl <br />Variance <br />% <br />Description <br />Actual <br />Actual <br />Budget <br />Actual <br />Budget <br />2012 -2013 <br />Ch, <br />Revenue <br />Property Taxes <br />21,508,429 <br />11,187,768 <br />11,299,999 <br />0,111,685 <br />11,299,000 <br />- <br />0.0% <br />Loral Income Taxes <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />Other Taxes <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />GanallideyovemmenGl <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />ChamesforServices <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />Interest Earnings <br />90,268 <br />68,381 <br />84,612 <br />49,182 <br />84,612 <br />- <br />0.0% <br />Bond Proceeds <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />Donations <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />Other izome <br />37,990 <br />1,1]4,385 <br />133,]89 <br />244,281 <br />133,]89 <br />- <br />0.0% <br />Transfers In <br />415,293 <br />889,068 <br />651,500 <br />6,403 <br />326,000 <br />(325,500) <br />-50.0% <br />Total Revenue <br />22,051,980 <br />13,319,602 <br />12,069,901 <br />6A11,551 <br />11,744A01 <br />325,500 <br />-2.7% <br />Expendit res by Cost Center <br />Airport Debt Service Payments <br />3,080,088 <br />3,990,518 <br />3,233,753 <br />- <br />3,476,441 <br />242,688 <br />7.5% <br />Dismal Airport Economic Dev Area <br />890,134 <br />1,482,289 <br />1,024,744 <br />- <br />8,633,910 <br />7,609,166 <br />742.5% <br />Dismal Sample Ewing Dev Area <br />6,09],35] <br />10,005,966 <br />19,172,160 <br />- <br />9,273,649 <br />(9,898,511) <br />-51.6% <br />Portage Pra ine <br />500,349 <br />2,225,605 <br />1,968,788 <br />- <br />- <br />(1,968,788) <br />- 100.0% <br />LaSalle Square <br />43,800 <br />1,133,418 <br />15],68] <br />- <br />159,999 <br />[],68]) <br />4.9% <br />Ama Wide <br />97,322 <br />608,709 <br />2,]45,]53 <br />- <br />149,999 <br />(2,605,753) <br />-94.9% <br />Total Cost Center Expenditures <br />10,709,050 <br />18,%6A96 <br />28,302,885 <br />21,674,000 <br />(6,628,885) <br />-23.4% <br />Expenditures by Account Type <br />Salanesa Wages <br />- <br />- <br />- <br />- <br />- <br />- <br />Fdnge Benefits <br />- <br />- <br />- <br />- <br />- <br />- <br />Other Personnel cents <br />- <br />- <br />- <br />- <br />- <br />- <br />Total Personnel <br />Supplies <br />Professional Sew.(31xx) <br />2,929,932 <br />2,588,210 <br />5,885,953 <br />866793 <br />95,999 <br />(5,790,953) <br />-98.4% <br />Comm/rrareportation(32xx) <br />- <br />- <br />- <br />- <br />- <br />- <br />PnntingBAdverving(33xx) <br />- <br />- <br />25,000 <br />- <br />25,999 <br />- <br />0.0% <br />Insurance (M.) <br />- <br />480 <br />- <br />- <br />- <br />- <br />- <br />Utilities(35xx) <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />RepairsBMmatenance(%xx) <br />48,848 <br />55,475 <br />65,999 <br />48,237 <br />65,000 <br />- <br />0.0% <br />Debt Service- Principal <br />1,290,750 <br />1,293,999 <br />1,289,199 <br />647,250 <br />2,817,813 <br />1,528,704 <br />118.6% <br />Debt Service - Interest B Fees <br />1,789,338 <br />1,]9],518 <br />1,944,644 <br />857,642 <br />658,628 <br />(1,286,016) <br />-66.1% <br />Other Services B Chayes(39xx) <br />1,408,573 <br />5,459,154 <br />3,381,689 <br />2,956,471 <br />695,000 <br />(2,686,689) <br />-79.4% <br />Grants B Subsidies <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />Payment In Lieu of Taxes <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />Transfers Out <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />Off erFinmmn Uses x <br />Total Service &CM1arges <br />Q55],541 <br />11,193,837 <br />12,591,395 <br />4,470,393 <br />4,350,441 <br />(8,234,954) <br />- 125.4% <br />Capital <br />4,151,509 <br />7,352,659 <br />15,711,490 <br />5,150,1]3 <br />1],31],559 <br />1,606,069 <br />10.2% <br />Total Expenditures by Type <br />10,709,050 <br />18,%6A96 <br />28,302,885 <br />9,626,566 <br />21,674,000 <br />(6,628,885) <br />-23.4% <br />Net Surplus /(deficit) <br />11,342,930 <br />(5,226,894) <br />(16,232,984) <br />(3,215,015) <br />(9,929,599) <br />Beginning Cash Balance <br />17,845,003 <br />29,187,933 <br />23,961,039 <br />23,961,039 <br />11,728,055 <br />Balance Sheet Adjustments <br />- <br />- <br />4,000,000 <br />- <br />- <br />Ending Cash Balance <br />29,187,933 <br />23,961,039 <br />11,728,055 <br />20,746,024 <br />1,798A56 <br />Staffing (FTE's) <br />2011 <br />2012 <br />6130112 <br />2013 <br />Variance <br />Actual <br />Budget <br />Actual <br />Budget <br />2012 -2013 <br />Non - Bargaining <br />- <br />- <br />- <br />- <br />- <br />BaMaining <br />- <br />- <br />- <br />- <br />- <br />Part- Time /Seasonat?em ra <br />Total FTE's <br />, Ex entlilum antl Slaffin <br />CM1an es Bel ow: <br />=fft <br />mbee l at 12131112. Revenue change reflects retain of deb[ service reserve. <br />Page 324 <br />Form 1 <br />