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Page 78 <br />Form 1 <br />City of South Bend, Indiana <br />2013 Budget Departmental Summary <br />Fund Name <br />jRahrYDayFund Fund Number 10T <br />Department Description & Purpose <br />Furors used to accumulate cash reserves for unfbrseen purposes. The Funtl no elves loom time to time certain "catch up" <br />distributions of COIT and EDIT monies man the State that am mquimd to be deposded into this fund. The Funtl is used for mid- <br />year or year -end advances to other funds that have cash shortages and the advances must be paid back wdhin six months. <br />2012 2013 <br />2010 2011 Amentletl 6130112 Prop osetl Variance % <br />Deuni'li0n <br />Actual Actual Budbpit Actual Bud ,.t 2012 -2013 Ch, <br />Revenue <br />Property Taxes <br />- - - - - - - <br />LorallncomeTaxes <br />- - - - - - <br />Other Taxes <br />1,982,449 - - - - - - <br />Granldhirsyovemmen al <br />- - - - - - - <br />ChaMesforSewices <br />- - - - - - <br />Interest Earnings <br />28,532 24,4]] 38,999 25,229 52,000 14,000 36.8% <br />Bond Proceeds <br />- - - - - - - <br />Donations <br />- - - - - - <br />Other Income <br />- - - - - - - <br />Tansfem In <br />Total Revenue <br />2,010,972 24,4]] 38,000 25,220 <br />52,000 <br />14,000 36.8% <br />Expenditures by Cast Center <br />Rainy Day Fund <br />- - - - <br />- <br />- - <br />Total Cast Center Expenditures <br />Expenditures by Account Type <br />Salmon; &Wages <br />- - - <br />- <br />- <br />Fnnge Benefits <br />- - - <br />- <br />- <br />Other Personnel costs <br />- - - <br />- <br />- <br />Total personnel <br />Supplies <br />Professional Sew.(31xx) <br />- - - <br />- <br />- <br />Comm/frareportation(32xx) <br />- - - <br />- <br />- <br />Printing & Advertising (33xx) <br />- - - <br />- <br />- <br />Maranon (M.) <br />- - - <br />- <br />- <br />Utilities(35xx) <br />- - - <br />- <br />- <br />Repairs & Withstans,(%xx) <br />- - - <br />- <br />- <br />DebtSmane- Principal <br />- - - <br />- <br />- <br />DebtService- Interst &Fees <br />- - - <br />- <br />Other Smanes&ChaMes(39xx) <br />- - - <br />- <br />- <br />Gants &Subsidies <br />- - - <br />- <br />Payment In Lieu of Taxes <br />- - - <br />- <br />- - <br />Toddlers Out <br />- - - <br />- <br />Other Financing Uses (Wxx) <br />Total Service & Ch.,. <br />0.0% <br />Capital <br />Total Expenditures by Type <br />Net Surplus /(deficit) <br />2,010,972 24,4]] 38,000 25,220 52,000 <br />Beginning Cash Balance <br />6,510AS3 8,521A65 8,520,942 8,520,942 8,583,942 <br />Release Sheet Adjustments <br />- (25,000) 25,000 25,000 <br />Ending Cash Balance <br />8,521A65 8,520,942 8,583,942 8,571,162 8,635,942 <br />Staffing (FTE's) <br />2011 2012 6130112 2013 Variance <br />Actual Budget Actual Budget 2012 -2013 <br />Non - Bargaining <br />- - - - - <br />BaMading <br />- - - - - <br />Pad -Time /SeasonaPTempoary <br />- - - - - <br />Total FTE's <br />Explain Significant Revenue, Expenditure and Staffing Changes Below: <br />In 2010, the City acened suppkmendl <br />EDIT and COIT distributions of $567,001 and $1,415,439, respectively, that were aquiad to be deposited in the <br />Rainy Day Fund. At December 31, 2011, <br />the Common Council and Mayor approved a short tend advance of $25,000 from the Rainy Day Funtl to <br />Unemployment Compensation fund In coned a cash shoMall in the fund. This advance was repair in 2012. <br />Page 78 <br />Form 1 <br />