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<br />City of South Bend, Indiana
<br />2015 Fund Summary
<br />Operating &Capital Budget Summary
<br />'
<br />Fund Name
<br />IMOTOR VEHICLE HIGHWAY
<br />Fund Number 202
<br />2014 2015
<br />Budget
<br />2012
<br />2613 Amended 6138/2014 Proposed
<br />Forecast
<br />Variance
<br />%
<br />Description
<br />Actual
<br />Actual '
<br />Budget Actual Budget 2016
<br />2017 2018 2019 2014 -2015
<br />Ch
<br />REVENUE
<br />Property Taxes
<br />-
<br />-
<br />- -
<br />- - -
<br />-
<br />-
<br />Local Income Taxes
<br />OtherTaxes
<br />'-
<br />, 4,582,130 '
<br />-
<br />5,051,335
<br />- - -
<br />5,633,418 2,781,681 5,697,000 4,840,289"
<br />- - -
<br />4,860,994 4,881,906 4,903,027
<br />-
<br />63,582
<br />-
<br />1.1%
<br />GrantsMlergovernmental
<br />ChargesforSe vlces
<br />-
<br />218,881
<br />-
<br />422,045
<br />- -
<br />240,000 183,753 265,000 267,650
<br />- - -
<br />270,327 273,030 275,760
<br />-
<br />25,000
<br />-
<br />10.40/o
<br />Inledund Allocations
<br />Pines &Forfeitures
<br />-
<br />-
<br />- - - -
<br />-
<br />-
<br />Donations
<br />Other Income
<br />Transfers In
<br />-
<br />104,575
<br />2,700,212
<br />-
<br />38,862
<br />3,626,882
<br />-
<br />109,515 17,364 16,300 16,300
<br />3,216,582 1,483,291 3,703.000 3,248,748
<br />- -
<br />16,300 16,300 16,300
<br />3,281,235 3,314048 3,347,188
<br />(93,215)
<br />486,418
<br />. -85.1%
<br />15.1%
<br />Total Revenue
<br />7605,799
<br />9,131124
<br />9,199,515 4,456,110
<br />9,667,300 8,372,987
<br />8,428,856 9,485,284 6,642,275
<br />481,785
<br />5.2%
<br />EXPENDITURES
<br />Expenditures by Cost Center
<br />Slreet0eparment
<br />Curb &Sldewalk
<br />6,416,425
<br />354,375
<br />7,162,508
<br />567,484
<br />8,856,075 3,844,886
<br />1,152,802 226,585
<br />8,181,300 9,210,937
<br />1,500,000 750,000
<br />9,644,229 ID,000,SBD 10,328,641
<br />760,000 770,000 780,000
<br />(674,775)
<br />347,198
<br />-7.6%
<br />3D.1%
<br />Tofal COSt Center Expenditures
<br />6,17D,800
<br />10,008,877 4,071,4711
<br />9,681,300 9,960,937
<br />10.04,229 10,770,580 11,108,641
<br />(327,577)
<br />3.3%
<br />Expenditures by Account Type
<br />Personnel
<br />Salaries &Wages
<br />Fringe Benefits
<br />2,131,503
<br />722,881
<br />2,570,102
<br />890,969
<br />2,978,242 1,427,927
<br />1,145,978 577,540
<br />3,023,953 3,084,432
<br />1,290,595 1,318,438
<br />3,146,127 3,209,043 3,273,224
<br />1,401,673 1,492,258 1,590,911
<br />45,711
<br />144,617
<br />1.5%
<br />126 %'
<br />Total Personnel
<br />2,854,384
<br />3,461071
<br />4,724,220 7,939,467
<br />4.314,548 4,402,870
<br />4,547,794 4,701,801 4,864;135
<br />190,326
<br />4.60%
<br />Sup lies
<br />2,513,468
<br />2,430754
<br />3,329,451 841,140
<br />2,014,593 2,034.739
<br />2,055,087 2,075,638 2,096,394
<br />(1,314858 )
<br />39.5%
<br />Services &Charges
<br />Professional Services
<br />Minting &Advertising
<br />Utilities
<br />Education &Training
<br />Travel
<br />Repairs & Maintenance
<br />IMedund Allocations
<br />'
<br />' 5,618
<br />248
<br />37,449
<br />865
<br />811
<br />1,00B,D54
<br />794,428
<br />215,785
<br />119
<br />53,666,
<br />6,049
<br />3,448
<br />1,113,653
<br />222,060
<br />579,696 91, 377
<br />1,450 370
<br />59,056 30,035
<br />5,138 2,010
<br />2,104 2,094
<br />887,751 685,242
<br />417,248 208,616
<br />352,137 352,137
<br />1,450 1,450
<br />49,9% 52,496
<br />7,500 7,500
<br />3,820 3,820
<br />1,804,772 1,057,111
<br />575,748 626,792
<br />352,137 352,137 352,137
<br />1,450 1,450 1,450
<br />55,121 57,877 60,770
<br />7,500 7,500 7,50D
<br />3,820 3,620 3,820
<br />1,109,967 1,165,465 1,223,73B
<br />645,596 664,954 684,913
<br />(227,559)
<br />-
<br />.(9,060)
<br />2,362
<br />1,716
<br />917,021
<br />' 758.500
<br />39.3%
<br />0.0%
<br />- 15.3 %.
<br />46.0%
<br />81.6%
<br />103.3%
<br />38.0%
<br />Debt Service:
<br />Principal
<br />Interest &Fees'
<br />-
<br />-
<br />99,908
<br />6,711
<br />374,121 119,233
<br />34,274 8,380
<br />421,266 569,041
<br />2 6, 740 55,519
<br />774,997 933,628 945,406
<br />48,981 54,663 57,862
<br />47,145
<br />.,534)
<br />72.6%
<br />-22.0%
<br />Grants &Subsidies
<br />-
<br />-
<br />-
<br />- -
<br />"
<br />Payment In Lieu of Taxes
<br />-
<br />-
<br />-
<br />- - -
<br />- -
<br />-
<br />-
<br />Transfers Out
<br />Other Services &Charges
<br />-
<br />5,783
<br />-
<br />20,927
<br />-
<br />16,118 9,477
<br />-
<br />8,730 8,905
<br />- - -
<br />9,083 9,264 9,450
<br />-
<br />(7,368)
<br />-
<br />45.8%
<br />Total Services &Char es
<br />1,243,346
<br />1,742,320
<br />4376,956 1.156.835
<br />3,252,1591.2,734,771
<br />3,008,652 3,250,768 3,347,046
<br />875,203
<br />35.8%
<br />Capital
<br />159,602
<br />95,847
<br />178,250 134,030
<br />100,000 2W."
<br />200,000 200,000 200,000
<br />(78,250)
<br />-03.9%
<br />Total Expenditures by Tvra,
<br />6,7/0,800
<br />. 7,729,992
<br />10,008,877 4,071,471
<br />9,681,300 9,372,380
<br />9,811.533 10,227,707 10,507,575
<br />(327,577)
<br />-33%
<br />Net 6urplus /Oanti[)
<br />- 83,999
<br />1,409,132
<br />(809,362) 394,636
<br />I - (999,393)
<br />(1,362,677) (1,742,423) 11,965,300)
<br />Beginning Cash Balance
<br />1,414,022
<br />2,249,117
<br />3,600,249 3,658,249 2,848,887 2,848,887
<br />1,849,494 466,818 (1,275,606)
<br />Cash Acluslments
<br />Ending Cash Balance
<br />Cash Reserves Target
<br />.96
<br />2,249,117
<br />1,354.160
<br />-
<br />3,658,249
<br />' 1,545.998
<br />- -' - -
<br />2,848,887 4,052,887 2,848,887 1,849,494
<br />2,001,775 814,294 1,936.260 1,874,476
<br />- -
<br />466,818 (1,275,606) (3,240,905)
<br />1,962,307 2,045,541 2,107,515
<br />20.00%
<br />Explain Significant Revenue and Expenditure Changes Below:
<br />REVENUE -Kept amowt in gas tax static at the 2013 amount of $2769,789.00 for 2015 -2019 projections; increased me Wheel Tax at a rate of t %per year.
<br />EXPENSES - Personnel costs include $112,965.0) for the "27th" payroll in 2015. The curb & sidewalk program was reduced from $1.1 million dollars in 201410 $750,000 for 2015 due to budget
<br />concerns and to reduce the transfer
<br />fiom the COIT Fund. Increase in Fxed Allocetions - #7 Admin Fee increased by $32.174;
<br />k7 Liability Insurance irxreased by $126,610. Historically,
<br />services for
<br />steel milling and infrared patching have been part of the Street Maledals budgeL In 2015, those items have been moved to Professional Services which is a more appropriate classification for them
<br />si00 itisaservicepmvidedmtherthmamaledal. This move tack$ 240,000 from the street materials line item, which brought the paving/street maintenance budget down tbjust under $600,000.
<br />Added to thatwill be an additional M.000 from the LRSAfund, which Wit put our2015 road maintenance budget at approxtmalely$1,000,OD0. Repairs &Maintenanceina ase isaGuallydueto
<br />an error in the 2014 budget appropmately $500,000 vraa left out of the Vehicle Repair line item and we are covering this year with budget transfers. In 2015, the account
<br />was budgeted
<br />appropriately.
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