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<br />City of South Send, Indiana
<br />2015 Fund Summary
<br />operating& Capital Budget Summary
<br />Fund Name
<br />I LOCAL ROADS & STREETS
<br />Fund Number 251
<br />2014 2015
<br />Budget
<br />2012
<br />2013 Amended 6130/2014 Proposed
<br />Forecast
<br />Variance
<br />Description
<br />Actual
<br />Actual .._Budget
<br />Actual Budget 2016
<br />2017
<br />2016
<br />2019
<br />20142015
<br />Ch
<br />REVENUE
<br />Propedy Taxes
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Local Income Taxes
<br />Other Taxes
<br />-
<br />1,022,508
<br />-
<br />1,001,871
<br />- - - -
<br />1,060,000 540,556 1,000,000 1,000,000
<br />1,000,000
<br />1,000,000
<br />1,000,000
<br />(80,000)
<br />-7.4%
<br />Granlslinlergovernmental
<br />-
<br />-
<br />- - -
<br />-
<br />-
<br />ChargesforServices
<br />-
<br />-
<br />Interfund Allocations
<br />-
<br />-
<br />Fines & Forfeitures
<br />-
<br />-
<br />- - -
<br />-
<br />-
<br />-
<br />-
<br />Donations
<br />Other income
<br />-
<br />7,306
<br />-
<br />7,072
<br />41,801 37,898 593,300 5,000
<br />5,100
<br />5,100
<br />5,700
<br />551,499
<br />1319.3%
<br />Transfers In
<br />- - -
<br />-
<br />"
<br />Total Revenue
<br />1,029,814 '
<br />7,008,943
<br />1,121,801 578,454
<br />7,593,300
<br />1,005,000
<br />7,005,100
<br />1,005,100
<br />1,005,100
<br />471,499
<br />42.0%
<br />EXPENDITURES
<br />Expentlitures by Cost Center
<br />Paving materials
<br />New road projects
<br />-
<br />425,722
<br />397,33B
<br />384,530
<br />352,663 20,4%
<br />771,857 66,782
<br />38,000
<br />705,000
<br />38,000
<br />500,000
<br />39,000
<br />380,000
<br />400,000
<br />360,00D
<br />400,000
<br />350,000
<br />27,337
<br />(66,857)
<br />7.8%
<br />-B.7%
<br />Insuranceallocalion
<br />Slree[signal replacement
<br />CurbandSidewalks
<br />115,800
<br />-
<br />-
<br />-
<br />-
<br />-
<br />- -
<br />-
<br />- -
<br />-
<br />157,500
<br />350,000
<br />-
<br />157,500
<br />-
<br />-
<br />167,500
<br />-
<br />167,500
<br />-
<br />-
<br />767,500
<br />-
<br />757,500
<br />350,000
<br />"
<br />-
<br />-
<br />Total Cost Center Expenditures
<br />541,522
<br />781,868
<br />1124,520 87,218
<br />1,592,500
<br />7,037,500
<br />927,500
<br />927,500
<br />917,500
<br />467,980
<br />41.6%
<br />Expenditures by Account Type
<br />_
<br />.-
<br />Personnel
<br />Salaries & Wages
<br />Fringe Benefits
<br />-
<br />-
<br />-
<br />Total Personnel
<br />-
<br />-
<br />Su lies
<br />397.338
<br />352,663 20,436
<br />380,000
<br />38D,000
<br />38,000
<br />400,000
<br />400,000
<br />27,337
<br />7.8%
<br />Services & Charges
<br />Professional Services
<br />-
<br />7,500
<br />7,500
<br />7,500
<br />7,500
<br />7,500
<br />7,500
<br />7,500
<br />-
<br />0.0%
<br />Printing &Advertising
<br />-
<br />-
<br />- -
<br />-
<br />-
<br />-
<br />-
<br />Utilities
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Education &Training
<br />Travel
<br />Repairs &Maintenance
<br />-
<br />-
<br />-
<br />-
<br />- -
<br />- -
<br />150,000
<br />150,000
<br />-
<br />160,000
<br />-
<br />160,000
<br />-
<br />160,000
<br />-
<br />150,000
<br />-
<br />-
<br />Inledu0d A111 ow6ons
<br />115,800
<br />-
<br />- -
<br />-
<br />-
<br />-
<br />-
<br />Debt Service:
<br />Principal
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Interest &Fees
<br />Grants &Subsidies
<br />Payment In Lieu of Taxes
<br />Transfers Out
<br />-
<br />-
<br />-
<br />-
<br />-
<br />OtherServices &Char es
<br />- -
<br />-
<br />-
<br />-
<br />-
<br />"
<br />Total Services &Charges
<br />115,800
<br />7.500
<br />7,500 -
<br />157,500
<br />757.500
<br />167,500
<br />167,500
<br />1676500
<br />150,000
<br />2000.0%
<br />Ca ital
<br />425,722
<br />377,030
<br />764,357 66,782
<br />1055,000
<br />500.000
<br />380,000
<br />360000
<br />3506000
<br />290,643
<br />38.0%
<br />Total Expenditures by Type
<br />541,522
<br />781,858
<br />7,724,520 8],216
<br />1 592,500
<br />1 1,037,500
<br />927,500
<br />927,500
<br />917,500
<br />467,980
<br />41.6%
<br />Net Surplus ](Deficit)
<br />488,292
<br />227,075
<br />(2,719) 491,236
<br />800
<br />1 (32,500)
<br />77,600
<br />.77,600
<br />87,600
<br />Beginning Cash Balance
<br />1,226,005
<br />1,714,297
<br />1,941,375 1,941,375 1,938,655 1,9396456
<br />1,906,956
<br />1,984,556
<br />2,062,156
<br />Cash Adjustments
<br />EndingCashBalance
<br />Cash Reserves Target
<br />-
<br />1,714,297
<br />108,304
<br />3
<br />1,941,375
<br />156,374
<br />- - - -
<br />1,938,656 2,432,611 1,939,456 1,906,956
<br />224,904 17,444 318,500 207,500
<br />1,964,556
<br />785.500
<br />-
<br />2,062,156
<br />185,500
<br />-
<br />2,149,756
<br />183,500
<br />20.00%
<br />Explain Significant Revenue and Expenditure Changes Below:
<br />5150K repair and maintenance is for signal replacements, formerly
<br />part of capital. Main revenue source is gas tax. 5350,000for local match of Safe Routes to School grant in 2015.
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