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Page 387 <br />Form 1 <br />City of South Bend, Indiana <br />2013 Budget Departmental Summary <br />Fund Name <br />I Coveleski Bona Debt - Service Reserve Fund Number 317 <br />Department Description 8 Purpose <br />To accumulate mores as a reserve fbr the payment often Coveleski Stadium recoveryzone economic development bonds. <br />Financrng for debt payments is to be provided by paskssarial sports and development area taxes (PSDA) and county option <br />saware tax revenues d PSCDA revenues are msuRxtant. <br />2012 2013 <br />2010 2011 Amentletl 6130112 Prep osetl Vadance % <br />Description <br />Actual Actual Budget Actual Budget 2012 -2013 Ch, <br />Revenue <br />Property Taxes <br />- - - - - - - <br />Local Income Taxes <br />- - - - - - - <br />OtberTaxes <br />- - - - - - - <br />Gentsllnfeyovemmental <br />- - - - - - <br />ChaMesforSewicas <br />- - - - - - <br />InterestEamings <br />- 1,277 3,999 1,476 3,500 500 16.7% <br />Bond Proceeds <br />- - - - - - <br />Donations <br />- - - - <br />Otherizome <br />- - - - <br />Tansfers In <br />498,000 <br />Total Revenue <br />498,000 1,277 3,000 1,476 <br />3,500 <br />500 16.7% <br />Expenditures by Cost Center <br />Coveleski Stadium Debt Service <br />- - - <br />- <br />- - <br />Total Cost Center Expenditures <br />Expenditures by Account Type <br />Salable; B Wages <br />- - - <br />- <br />- <br />Fdnge Benefits <br />- - - <br />- <br />- <br />Other Personnel vests <br />- - <br />- <br />Total Personnel <br />Supplies <br />Professional Sew.(31xx) <br />- - - <br />- <br />- <br />Comm/fareportation(32xx) <br />- - - <br />- <br />Pdnting It Advertising (33xx) <br />- - - <br />- <br />Insurance (M.) <br />- - - <br />- <br />Utilities(35xx) <br />- - - <br />Retain; It Maintenance(%xx) <br />- - - <br />- <br />DebtSewi a- Principal <br />- - - <br />- <br />- <br />DebtSewi a- Interest B Fees <br />- - - <br />- <br />Other Services It ChaMes(39xx) <br />- - - <br />- <br />- <br />GantsBSubsidies <br />- - - <br />- <br />Payment In Lieu of Taxes <br />- - - <br />- <br />- <br />Tansfem Out <br />- - - <br />- <br />O1herFinmm` Uses x <br />Total Service 8 CM1arges <br />0.0% <br />Captal <br />Total Expenditures by Type <br />Net Surplus I(defic0) <br />498,000 1,277 3,000 1A76 3,500 <br />Beginning Cash Balance <br />- 498,000 499,277 499,277 502,277 <br />Balance Sheet Adjustments <br />- - - - <br />Ending Cash Balance <br />498,000 499,277 502,277 500,753 505,777 <br />Staffing (FTE's) <br />2011 2012 6130112 2013 Valance <br />Actual Budget Actual Budget 2012 -2013 <br />Non - Bargaining <br />- - - - - <br />BaMaining <br />- - - - - <br />Part- Time /SeasonaVTem a <br />Total FTE's <br />Ex lain Si ng Revenue, Expenditure and Staffing Changes Below: <br />-ant <br />Debt Service Reserve Fund for 2010Coveleski <br />Statliumbondsin Neamountof $1.98milliondollarslbatcb December23,2010.Th¢ money <br />ains in Me Po� as security for bond <br />briers and will be used make the final bond payment due on January 15, 2019. <br />Page 387 <br />Form 1 <br />