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City of South Bend, Indiana <br />2013 Budget Departmental Summary <br />Name lRainyDayFund Fund Number 102 <br />Continue to accumulate fund eserves for f rtumemeyency or unforseen mmumstances. <br />Continue to accumulate fund reserves for short-term advances to other city funds. <br />Investment fund mserves in the investment program at 1st Source Bank to suive interest earnings. <br />Emphazue Rainy Day Fund reserves during bond medit rating discussions to emphasize the fiscal fees 1h of the City. Fund reserves <br />are one impord it factor in debarring a real rating. <br />City Strategy <br />Key Performance Intlicators 3F required) <br />2011 <br />2012 <br />Actual <br />Estimated <br />2013 <br />Measure <br />Type <br />Target <br />if available <br />if available <br />Pm action <br />-Cash reserves <br />Output <br />$9,999,999 <br />$8,529,942 <br />$8,573,942 <br />$8,625,942 <br />- Interest Earnings <br />Output <br />$59,999 <br />$24,4]] <br />$59,999 <br />$52,999 <br />- Percentyled <br />Effidency <br />1.99% <br />.28% <br />.58% <br />.fig% <br />Tvces. output. efficiency, effectiveness. quality. <br />outcome, technoloov <br />Page 79 <br />Form 1 <br />