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Page 345
<br />Form 1
<br />City of South Bend, Indiana
<br />2013 Budget Departmental Summary
<br />Fund Name
<br />Tax Incremental Financing (TIF) No. 1- Southside Development
<br />Fund Number 430
<br />Department Description 8 Purpose
<br />To account imexpenddums for improvements in the southside Development tax incremental distant no. 1. Financing is provided
<br />by property tax proceeds
<br />in excess of those allabdable to
<br />the assessed valuation of the property in the disGCf before
<br />redevelopment.
<br />2012
<br />2013
<br />2010
<br />2011
<br />Amentletl
<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 />4,094,135
<br />1,808,952
<br />1,820,000
<br />1,33],31]
<br />1,820,OOD
<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 />GranallideyovemmenGl
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />ChayesforServices
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Interest Eamings
<br />8,816
<br />10,154
<br />14,000
<br />11,052
<br />20,OOD
<br />6,000
<br />42.9%
<br />Bond Proceeds
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Donations
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Olherincome
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Transf ns 1.
<br />1,401,397
<br />1,401,397
<br />(1,401,397)
<br />- 100.0%
<br />Total Revenue
<br />4,102,951
<br />1,819,106
<br />3,235,397
<br />2,]49,]66
<br />1,840,000
<br />1,395,39]
<br />43.1%
<br />Expenditures by Cost Center
<br />SSDA #1 Emkin Common Activities
<br />490,752
<br />2,235,661
<br />6,970,605
<br />1,567,650
<br />5,700,000
<br />(370,605)
<br />6.1%
<br />Total Cost Center Expenditures
<br />490,752
<br />2,235,661
<br />6,070,605
<br />1,567,650
<br />5,700,000
<br />(370,605)
<br />6.1%
<br />Expenditures by Account Type
<br />Salaries 8 wages
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Fdnge Benefits
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Other Personnel rusts
<br />-
<br />-
<br />-
<br />Total Personnel
<br />Su lies
<br />Professional Sew.(31xx)
<br />298,654
<br />819,218
<br />1,048,02]
<br />5]2,945
<br />-
<br />(1,048,027)
<br />- 100.0%
<br />Comm/rransportation(32xx)
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Pdnting It Advertising (33xx)
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Insurence(34xx)
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Utilities(35xx)
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Repalrsli Maintenance(36xx)
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />DebtSooice- Principal
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />DebtSooice- Interest B Fees
<br />-
<br />-
<br />-
<br />-
<br />Other Services; li Chattels (39xx)
<br />1,575
<br />32,244
<br />42,000
<br />523
<br />-
<br />(42,000)
<br />- 100.0%
<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 />Transf ns Out
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />OtherFinmmn Uses x
<br />Total Service BCM1arges
<br />300,229
<br />851,462
<br />1,090,02]
<br />5]3,468
<br />(1,090,027)
<br />- 200.0%
<br />Capital
<br />190,523
<br />1,384,199
<br />4,980,578
<br />994,182
<br />5,700,000
<br />719,422
<br />14.4%
<br />Total Expenditures by Type
<br />490,752
<br />2,235,661
<br />6,070,605
<br />1,567,650
<br />5,700,000
<br />(370,605)
<br />6.1%
<br />Net Surplus /(deficit)
<br />3,612,199
<br />(416,555)
<br />(2,835,208)
<br />1,182,116
<br />(3,860,000)
<br />Beginning Cash Balance
<br />555,206
<br />4,167AO5
<br />3,750,850
<br />3,750,850
<br />3,915,642
<br />Balance Sheet Adjustments
<br />-
<br />-
<br />3,000,000
<br />Ending Cash Balance
<br />4,167AO5
<br />3,750,850
<br />3,915,642
<br />4,932,966
<br />55,642
<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 />Bargaining
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Pad- Time SeasonaVTem m
<br />Total FIFE!
<br />, Ex entlitum antl Staffin
<br />CM1an es Below:
<br />=fft
<br />be encumbered at 12131112.
<br />Page 345
<br />Form 1
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