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CITY OF SOUTH BEND
<br />1999 CAPITAL BUDGET
<br /> WATER SEWAGE
<br /> BUILDING SOLID WORKS WORKS CENTURY HALL OF TOTAL
<br /> DEPT WASTE (#620, #622 (#641, #642, CENTER FAME ENTERPRISE
<br /> (#600) (#610 & #&11) & #625) #643 8#649) • (#670) (#677 & #377) FUNDS
<br />Cash balance as of 1/1/98 235,153 179,925 357,493 16,127,381 160,946 590,363 17,651
<br />280
<br />Add: Total 1998 cash receipts/revenue 522,043 3,126,695 10,939,666 13,681,593 2,724,103 2,319,260 ,
<br />33,713
<br />360
<br />Less: Total 1998 cash expenditures (operating only) (843,804) (3,137,572) (6,188,453) (7,520,636) (2,587,487) (1,671,364) ,
<br />(21,949,316)
<br />Less: Total 1998 cash expenditures (capital only) (51,767) 0 (925,254) (4,337,077) 0 0 (5,314,098)
<br />Less: 1998 Debt Service for Outstanding Bonds n/a n/a (2,819,351) (905,341) n/a (760,798) (4,485,490)
<br />Add/Less: Interfund Transfers n/a n/a n/a n/a n/a n/a 0
<br />Add/Less: Net adjustments to balance sheet accounts __ __(750) __ 71,859 (90,9 60,981 (62,778) (2,694) (24,379)
<br />Cash balance as of 12/31/98 260,875 240,907 1,273,103 17,106,901 234,784 474,787 ___
<br />19,591,357
<br />Less: Encumbrances as of 12/31/98 (21,368) (4,417) (73,646) (2,713,077) (21,619) (64,922) (2,899,049)
<br />Less: Parking Garages - negative cash balance at 12/31/98 n/a n/a n/a n/a n/a n!a 0
<br />Less: Central Services - negative cash balance at 12/31/98 n/a n/a n/a nia n/a n/a 0
<br />Add/Less: Interfund Transfers n/a n/a n/a n/a n/a n/a 0
<br />Adjusted cash balance as of 1!1199 239,507 _
<br />236,490 1,199,457 14,393,824 213,165 _
<br />409,865 16,692,308
<br />Adjustments to cash available for capital projects:
<br />Reserve as a %of 1999 Operating Expenditure Budget (147,407) ~s.t^io (189,136) s.~^io (101,335) ~.5^~ (1,854,465) 2z.z^~ (213,165) 7.5^io ~ (340,365) ~a.a^~ (2,845,871)
<br />Reserve balances required for bond debt service n/a n/a (227,123) (950,728) n/a n/a (1,177,850)
<br />LRSA project balances carried forward to 1/1/99 n/a n/a n/a n/a n/a n/a 0
<br />1999 projected budget surplus (EDIT, COIT 8 LRSA only) n/a n/a n/a n/a n/a n/a 0
<br />1999 projected budget deficit n/a (47,354) n/a n/a n/a n/a (47,354)
<br />SB Entertainment pledges for Moms/Palais -remitted 1st qtr 1999 n/a n/a n/a n/a n/a n/a 0
<br />MSF roof repair funding to be reimbursed by lease funds n/a n/a n/a n/a n/a n/a 0
<br />Fire Station lease payments budgeted but not needed for 1999 n!a n/a n/a n/a n/a n/a 0
<br />Proceeds from Transpo (Sale of Garage) n/a n/a n/a n/a n/a n/a 0
<br />Projected cash available for 1999 Capital Budget 92,100 ___
<br />0 ___
<br />871,000 11,588,632 0 69,500 12,621,233
<br />CAPITAL PROJECTS FOR 1999: Capital
<br />Land Improvements 0 0 667,000 3,705,000 expenditures 0 372
<br />4
<br />000
<br />Buildings and Building Improvements 0 0 35,000 130,000 are funded 0 ,
<br />,
<br />165
<br />000
<br />Motor Vehicles /Equipment 44,100 0 41,000 753,500 out of Hotel/ 0 ,
<br />838
<br />600
<br />Computer Equipment and Networking 41,000 0 8,000 214,000 Motel Tax 0 ,
<br />263
<br />000
<br />Materials and Equipment 7,000 0 115,000 350,000 Fund 69,500 ,
<br />541
<br />500
<br />Office Equipment and Furniture 0 0 5,000 0 ($43,095 in 0 ,
<br />5
<br />000
<br />Neighborhood Programs (GN/GN 8 Curb/Sidewalk) 0 _ 0 0 0 1999) 0 ,
<br />0
<br />Total Capital Budget for 1999 92,100 _ _ __ _ 0 _871,000 5,152,500 0 _
<br />___ 69,500 6,185,100
<br />
<br />as (excluding reserves) not appropriated for Capital Budget
<br />0 --- -
<br />0
<br />0
<br />6,4361132
<br />0
<br />0 _
<br />436,133
<br />6
<br /> ,
<br />FOR INFORMATIONAL PURPOSES:
<br />1999 Projected Revenue 983,141 3,036,938 10,140,115 12,361,000 2,830,450 2,750,405
<br />1999 Operating Expenditure Budget (does not include capital exp) 976,725 3,084,292 6,617,381 8,345,521 2,830,329 1,851,647
<br />1999 Debt Service (Bonds Outstanding) 0 0 __2,725,935 927,663 0 898,244
<br /> _.__6,416_ (47,354 _ 796 799_ 3,087 816_ 121 __ 514
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