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Page 351
<br />Form 1
<br />City of South Bend, Indiana
<br />2013 Budget Departmental Summary
<br />Fund Name
<br />Tax Incremental Financing (TIF) No. 3 - Southside Development
<br />Fund Number 43T
<br />Department Description 8 Purpose
<br />To account imexpenddures for improvements in the southside Development tax incremental district no. 3. Financing is provided
<br />by property tax proceeds in excess of those allabdable to the assessed valuation of the property in the disGCf before
<br />redevelopment.
<br />2012
<br />2013
<br />2010 2011 Amentletl 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 />3,]59,28] 1,603,182 - -
<br />1,331,000 1,331,000
<br />-
<br />LorallncomeTaxes
<br />- - - -
<br />- -
<br />Other Taxes
<br />- - - -
<br />- -
<br />-
<br />GrantslluteyovemmenGl
<br />- - -
<br />- -
<br />-
<br />ChargesforServices
<br />- - -
<br />- -
<br />-
<br />Interest Eamings
<br />11,905 13,192 15,000 16654
<br />15,000 -
<br />0.0%
<br />Bond Proceeds
<br />- - -
<br />- -
<br />-
<br />Donetion
<br />- - -
<br />Other Income
<br />- - -
<br />-
<br />Transf ns In
<br />Total Revenue
<br />3,]]1,192 1,616,374 15,000 16,654
<br />1,346,000
<br />1,331,000
<br />8873.3%
<br />Expenditures by Cost Center
<br />SSDA #3 Erskine Village Debt Sew
<br />496,659 496,080 S 'oco
<br />500,000
<br />-
<br />0.0%
<br />Total Cost Center Expenditures
<br />496,659 496,080 500,000
<br />500,000
<br />0.0%
<br />Expenditures by Account Type
<br />Salanesa Wages
<br />- - -
<br />-
<br />-
<br />Fdnge Benefits
<br />- - -
<br />-
<br />-
<br />Other Personnel rusts
<br />- -
<br />-
<br />-
<br />Total Personnel
<br />Su lies
<br />Professional Sew.(31xx)
<br />- - -
<br />-
<br />-
<br />Comm/rrawporation(32xx)
<br />- - -
<br />-
<br />-
<br />Pdnting 8 Advertising (33xx)
<br />- - -
<br />-
<br />-
<br />Insurence(mcli)
<br />- - -
<br />-
<br />-
<br />Utilities(35xx)
<br />- - -
<br />-
<br />Repairs 8 Maintenance(36xx)
<br />- - -
<br />-
<br />-
<br />DebtSooice- Principal
<br />496,659 496,080 S 'ocbl
<br />500,000
<br />-
<br />0.0%
<br />Debt Service- Internal: S Fees
<br />- - -
<br />-
<br />OtherServicesSCharges(39xx)
<br />- - -
<br />-
<br />-
<br />-
<br />GrantsBSubsidies
<br />- - -
<br />-
<br />Payment In Lieu of Taxes
<br />- - -
<br />-
<br />-
<br />-
<br />Transfers Out
<br />- - -
<br />-
<br />OtherFinmun Uses x
<br />Total Service&CM1arges
<br />496,659 496,080 500,000
<br />500,000
<br />0.0%
<br />Capital
<br />Total Expenditures by Type
<br />496,659 496,080 500,000
<br />500,000
<br />0.0%
<br />Net Surplus /(deficit)
<br />3$74,533 1,120$94 (485,000) 16,654
<br />846,000
<br />Beginning Cash Balance
<br />1,294,808 4,569,341 5,689,635 5,689,635
<br />5,204,635
<br />Balance Sheet Adjustments
<br />- - - -
<br />Ending Cash Balance
<br />4,569,341 5,689,635 5,204,635 5,]06,289
<br />6,050,635
<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 />Bargaining
<br />- - -
<br />- -
<br />Pad- Time /SeasonaViem a
<br />TataI FTE's
<br />Ex Is Si IF t Revenue, Expenditure and Staffing Changes Below:
<br />Page 351
<br />Form 1
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