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HomeMy WebLinkAbout07. 2017 Budget Presentation Hearing Session III - Department of Community InvestmentDepartment of Community Investment August 29, 2016 TABLE OF CONTENTS DCI OPERATING FUND 211 ................................................................................... 2-8 OTHER FUNDS ...................................................................................................... 9-62 209 STUDEBAKER/OLIVER REVITALIZATION GRANTS ........................................................ 9-14 210 DCI STATE GRANTS ........................................................................................................ 15-22 212 DCI GRANTS ...................................................................................................................... 23-32 217 GIFTS, DONATIONS, BEQUESTS ...................................................................................... 33-42 281 ECONOMIC REVENUE BONDS ......................................................................................... 43-44 317 COVELESKI DEBT SERVICE RESERVE ........................................................................... 45-46 410 URBAN DEVELOPMENT ACTION GRANTS (UDAG) .................................................... 47-49 677 HALL OF FAME CAPITAL .................................................................................................. 50-52 752 REDEVELOPMENT AUTHORITY DEBT SERVICES .......................................................... 53-55 753 SMART STREETS CAPITAL FUND ..................................................................................... 56-58 756 SMART STREETS DEBT SERVICE RESERVE FUND ......................................................... 59-61 758 ERSKINE DEBT SERVICE .................................................................................................. 62-64 759 INDUSTRIAL REVOLVING FUND ..................................................................................... 65-67 DCI POWERPOINT PRESENTATION ............................................................. 68-72 1 City of South Bend, Indiana 2017 Budget Dept of Community Investment Admin - 211 Fund Summary - Operating and Capital Budget 2016 2017 Budget 2014 2015 Amended 30-Jun Proposed Forecast Variance% Description Actual Actual Budget Actual Budget 2018 2019 2020 2021 2016-2017 Change REVENUES Property Taxes- - - - - - - - - - - Local Income Taxes- - - - - - - - - - - Other Taxes- - - - - - - - - - - Grants/Intergovernmental 347,467 257,933 419,287 120,805 440,636 440,636 440,636 440,636 440,636 21,349 5.1% Charges for Services- - - - - - - - - - - Interfund Allocations- - - - - - - - - - - Fines & Forfeitures- - - - - - - - - - - Donations- - - - - - - - - - - Other Income 323,951 267,769 264,000 209,582 328,000 328,000 328,000 328,000 328,000 64,000 24.2% Transfers In 1,688,959 1,967,638 1,808,138 984,319 1,522,673 1,522,673 1,522,673 1,522,673 1,522,673 (285,465) -15.8% Total Revenue 2,360,377 2,493,340 2,491,425 1,314,706 2,291,309 2,291,309 2,291,309 2,291,309 2,291,309 (200,116) -8.0% EXPENDITURES BY PROGRAM 1 Redevelopment Project Management & Implementation 344,320 344,320 344,320 344,320 344,320 344,320 - 2 Vacant & Abandoned Properties addressed to Stabilize Neighborhoods 71,177 71,177 71,177 71,177 71,177 71,177 - 3 TIF - Business Incentives 320,134 320,134 320,134 320,134 320,134 320,134 - 4 Community Plans Development 74,684 74,684 74,684 74,684 74,684 74,684 - 5 Community Plan Implementation 156,985 156,985 156,985 156,985 156,985 156,985 - 6 Tax Abatement Program Administration 118,467 118,467 118,467 118,467 118,467 118,467 - 7 Community Development Block Grant Administration 98,233 98,233 98,233 98,233 98,233 98,233 - 8 Studebaker/Oliver Industrial Remediation 10,066 10,066 10,066 10,066 10,066 10,066 - 9 Façade Improvement Program 33,355 33,355 33,355 33,355 33,355 33,355 - 10 Other departmental priorities 1,343,888 1,343,888 1,343,888 1,408,839 1,505,023 1,343,888 - 2,571,309 2,571,309 2,571,309 2,636,260 2,732,444 EXPENDITURES BY TYPE Personnel Salaries & Wages 1,376,465 1,414,438 1,452,506 610,499 1,320,618 1,347,030 1,373,971 1,401,450 1,429,479 (131,888) -9.1% Fringe Benefits 526,488 565,460 660,955 275,684 602,869 651,099 703,186 759,441 820,197 (58,086) -8.8% Total Personnel 1,902,953 1,979,898 2,113,461 886,183 1,923,487 1,998,129 2,077,157 2,160,892 2,249,676 (189,974) -9.0% Supplies 31,197 26,059 25,318 7,769 24,692 24,692 24,692 24,692 24,692 (626) -2.5% Services & Charges Professional Services 31,569 37,117 113,987 27,360 129,273 129,273 43,132 24,000 24,000 15,286 13.4% Printing & Advertising 8,887 5,990 15,295 7,227 11,000 11,000 11,000 11,000 11,000 (4,295) -28.1% Utilities- - - - - - - - - - - Education & Training 5,085 8,614 8,095 2,351 15,000 15,000 15,000 15,000 15,000 6,905 85.3% Travel 12,450 13,102 19,200 1,674 17,200 17,200 17,200 17,200 17,200 (2,000) -10.4% Repairs & Maintenance 11,377 11,968 23,028 7,817 22,033 22,033 22,033 22,033 22,033 (995) -4.3% Payment In Lieu of Taxes- - - - - - - - - - - Other Interfund Allocations 170,679 339,707 279,879 140,490 419,174 344,073 350,955 357,974 365,133 139,295 49.8% Debt Service: Principal- - - - - - - - - - - Interest & Fees- - - - - - - - - - - Grants & Subsidies- - - - - - - - - - - Transfers Out- - - - - - - - - - - Other Services & Charges 19,278 22,812 52,050 43,215 9,450 9,450 9,450 9,450 9,450 (42,600) -81.8% Total Services & Charges 259,325 439,310 511,534 230,134 623,130 548,029 468,770 456,657 463,816 111,596 21.8% Capital- - 37,000 - - - - - - (37,000) -100.0% Total Expenditures by Type 2,193,475 2,445,267 2,687,313 1,124,087 2,571,309 2,570,850 2,570,619 2,642,241 2,738,184 (116,004) -4.3% Net Surplus / (Deficit)166,902 48,073 (195,888) 190,619 (280,000) (279,541) (279,310) (350,932) (446,875) Beginning Cash Balance 907,315 1,074,839 1,123,753 1,123,753 927,865 647,865 368,324 89,014 (261,918) Cash Adjustments 167,524 48,914 - - - - - - - Ending Cash Balance 1,074,839 1,123,753 927,865 1,314,372 647,865 368,324 89,014 (261,918) (708,793) Cash Reserves Target 548,369 611,317 671,828 281,022 642,827 642,713 642,655 660,560 684,546 25.00% Explain Significant Revenue and Expenditure Changes Below: Transfer of 2 positions to Controller's office. Increased revenue from Community Development Block Grant (CDBG-$21,349) and TIF sources ($82,500). City allocations to the department went up 49.77% ($139,295). Will be spending down portion of our cash balance in 2017. 2 City of South Bend, Indiana 2017 Budget Dept of Community Investment Admin - 211 Fund Summary - Description, Accomplishments, Goals, KPI's Fund Description & Purpose 2016 Accomplishments & Outcomes - - - - - - - - - - 2017 Department Goals & Objectives & Linkage to City Goals Basics are Easy (BE) - - Good Government (GG) - - - - People/Places (PP) - - - - - - - Key Performance Indicators (KPI's) 2018 City Long Term 2015 2016 2017 Measure Goal Type Goal Actual Estimated Target -Announced jobs from approved projects ED Outcome 450 783 450 450 -Commercial private investment of approved projects ED Outcome$100M$130M$100M$100M -Owner-occupied houses rehabbed PP Output 50 40 35 42 -Rental assistance to special populations PP Output 60 60 66 60 -Housing counseling PP Output 300 307 288 300 -Homebuyers assisted PP Output 16 16 16 16 - - - - - - Types: output, efficiency, effectiveness, quality, outcome, technology 2017 Significant Changes/Challenges/Opportunities (with a focus on solutions) - - - - Support and stabilize neighborhoods through application of various programs None Continued focus on creating investment-ready places through the completion of infrastructure and pre-development activities Target business recruitment activities for specific industries as well as in support of small businesses along the corridors In partnership with local agencies, continue support for workforce training initiatives as well as piloting new skills training activities to assist individuals in qualifying for available jobs Continue implementation of "smart streets" program to improve public safety, network connectivity and economic vitality Attract residents to South Bend through support of mixed-use projects downtown and along the corridors Create "community investment" plans at the neighborhood scale to outline various capital activities, land-use plans and development opportunities Update economic development goals and targets to reflect community and economic development priorities Work to be completed on Hill and Colfax Improve and align incentive evaluations to reflect updated economic development goals Patel Hotel to begin construction in summer Western Avenue Commercial Corridor Restriping in progress Coal Line Trail project approved and ready to begin Safe Routes to School projects at Harrison and Perley schools continue Work underway on East Bank Phase 5 underway Administration of the Department of Community Investments efforts throughout the City Began Main/Michigan/St. Joseph Street phase of Smart Streets implementation Nello nearing completion LaSalle Hotel renovation underway Continuing work on Ignition Park Infrastructure 3 City of South Bend, Indiana 2017 Budget Dept of Community Investment Admin - 211 Fund Summary - Full-Time Employees Report ONLY Full-Time positions 2016 2017 2015 Amended 6/30/2016 Proposed Forecast Position Actual Budget Actual Budget 2018 2019 2020 2021 Staffing (Full-Time Employees) Non-Bargaining Executive Director 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 Deputy Director (formerly Asst ED)1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 Director II 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 Director I 1.0 1.0 1.0 - - - - - Associate III 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 Associate II 3.0 4.0 4.0 3.0 3.0 3.0 3.0 3.0 Associate I 7.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 Analyst II 1.0 1.0 1.0 2.0 2.0 2.0 2.0 2.0 Analyst I 1.0 2.0 2.0 1.0 1.0 1.0 1.0 1.0 Administrative Assistant III 3.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 Executive Assistant/Dir. Special Projects 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Total Non-Bargaining 25.0 25.0 25.0 23.0 23.0 23.0 23.0 23.0 Bargaining None- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Total Bargaining- - - - - - - - Total Full-Time Employees 25.0 25.0 25.0 23.0 23.0 23.0 23.0 23.0 Explain Significant Staffing Changes Below: Director I and one Associate II transferred to Admin & Finance budget and promotion of Analyst I to Analyst II for 2017. 4 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue DCIADMINISRATIONFUND211-0000-392.00-00INTERFUNDOPER.TRANSFER 0 0 0 500 500 500 0------------------------------------------------------------------------------------ * 0 0 0 500 500 500 0------------------------------------------------------------------------------------ **DCIADMINISRATIONFUND 0 0 0 500 500 500 0 5 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue 211-1001-331.10-00COMMDEV.SERVICEGRANT347,467257,933419,287419,287120,805120,805440,636------------------------------------------------------------------------------------ * 347,467257,933419,287419,287120,805120,805440,636 211-1001-339.03-00STAFFCONTRACTS 315,228258,381249,000249,000216,022200,510316,000------------------------------------------------------------------------------------ * 315,228258,381249,000249,000216,022200,510316,000 211-1001-351.01-15CREDITREPORTS 370 4302,0002,000 165 1652,000------------------------------------------------------------------------------------ * 370 4302,0002,000 165 1652,000 211-1001-360.05-01REIMBURSEMENTREVENUE 1,9562,481 03,0002,6042,604 0 211-1001-360.90-00SETTLEMENTFEES 3,771 0 0 0 0 0 0------------------------------------------------------------------------------------ * 5,7272,481 03,0002,6042,604 0 211-1001-361.01-00ECONDEV-INTERESTINCOME 2,6266,47710,00010,0006,9366,30310,000------------------------------------------------------------------------------------ * 2,6266,47710,00010,0006,9366,30310,000211-1001-392.00-00INTERFUNDOPER.TRANSFER1,688,9591,967,6381,967,6381,807,6381,395,729983,8191,522,673------------------------------------------------------------------------------------ * 1,688,9591,967,6381,967,6381,807,6381,395,729983,8191,522,673------------------------------------------------------------------------------------ **NEIGHBORHOODENGAGEMENT 2,360,3772,493,3402,647,9252,490,9251,742,2611,314,2062,291,309 ------------------------------------------------------------------------------------ ***DCIADMINISRATIONFUND 2,360,3772,493,3402,647,9252,491,4251,742,7611,314,7062,291,309 6 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures DCIADMINISRATIONFUND211-1001-460.10-01REGULAR 1,371,0841,412,5551,499,0061,450,906812,812610,4991,320,618 LEVELTEXT TEXTAMT 021-EXECUTIVEDIRECTORDCI 100,284 1-ASSISTANTEXECUTIVEDIRECTOR 94,000 3-DIRECTORII(76,000) 228,000 3-ASSOCIATEIII($63,182) 189,546 3-ASSOCIATEII($58,228) 174,684 6-ASSOCIATEI($53,895) 323,370 2-ANALYSTII($48,168) 96,336 1-ANALYSTI($42,468) 42,468 2-ADMINISTRATIVEASSISTANTIII-DCI($38,951) 77,902 1-EXECUTIVEASSISTANT&DIR.OFSPECIALPROJECTS 52,065 ADJUSTMENTTOACTUAL 58,037-1,320,618 211-1001-460.10-03PART-TIMESTAFF 0 01,6001,600 0 0 0 211-1001-460.10-05TEMPORARYSERVICES 4,1331,883 0 0 0 0 0 211-1001-460.10-09PERMANENTPART-TIME 1,248 0 0 0 0 0 0 211-1001-460.11-01FICA-REGULAR 102,499105,677115,398115,39860,68845,536101,170 211-1001-460.11-04PERF-REGULAR 153,577158,205167,889167,88991,04968,390147,909 211-1001-460.11-07UNEMPLOYMENTCOMP 3,7203,7653,7483,7481,313 8053,302211-1001-460.11-08GROUPINSURANCE-HEALTH248,729277,670349,560349,560192,193152,754345,868211-1001-460.11-09GROUPINSURANCE-LIFE 2,9402,7603,0003,0001,6201,2902,760 211-1001-460.11-12CARALLOWANCE 3,9007,4507,2007,2004,1503,6001,200 211-1001-460.11-22PARKINGALLOWANCE 10,4639,27313,50013,5004,0092,979 0 211-1001-460.11-24CELLPHONEALLOWANCE 660 660 660 660 385 330 660------------------------------------------------------------------------------------ *PERSONNELSERVICES 1,902,9531,979,8982,161,5612,113,4611,168,219886,1831,923,487 211-1001-460.21-01OFFICIALRECORDS 2,1111,3364,0004,000 894 7234,000 211-1001-460.21-02PRINTSHOP 2,2422,6482,0002,000 311 2532,000 211-1001-460.21-03C.S.OTHEROFFICESUPPLIES2,0412,0563,6003,600 817 5933,665 211-1001-460.21-04MISCELLANEOUSOFFICE 23,01518,83912,00012,6916,2975,71312,000 211-1001-460.21-06PHOTO/BLUEPRINT 0 0 450 450 0 0 450 211-1001-460.22-01CENTRALSERVICEGASOLINE 1,7881,1802,5772,577 614 4872,577------------------------------------------------------------------------------------ *SUPPLIES 31,19726,05924,62725,3188,9337,77024,692 211-1001-460.31-01LEGAL 96 0 500 500 0 0 500 211-1001-460.31-06OTHERPROFSERVICES 20,96335,73558,00097,00042,79725,907121,473 211-1001-460.31-13PROPERTYINSPECTION 660 01,0001,1701,1701,1701,000 211-1001-460.31-19CREDITREPORTSERVICES 1,4961,3823,5006,517 424 2834,000 211-1001-460.31-22FEDERALLYREQUIREDAUDITS8,354 02,3006,800 0 02,300 211-1001-460.31-70ADMFEEALLOCATION 63,73071,53785,97285,97250,15542,99091,989211-1001-460.31-71CENTRALSTORESALLOCATION1,2121,2671,2651,265 735 6301,332 211-1001-460.31-72GISALLOCATION 41,18643,24522,70422,70413,24411,352 0 7 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures 211-1001-460.31-73PRINTSHOPALLOCATION 0 02,8012,8011,6311,3986,171 211-1001-460.31-74TELEPHONEALLOCATION 0 08,0008,0004,2003,600 0 211-1001-460.31-75311CALLCENTERALLOC 0 05,1115,1112,2261,952 0 211-1001-460.32-02POSTAGE 5,5878,7944,0004,0002,5892,1664,000 211-1001-460.32-04TELEPHONEEXPENSE 7,2517,540 0 450 249 217 450 211-1001-460.32-21TRAVEL-MILEAGE 1,2101,4931,5001,500 545 3071,500 211-1001-460.32-22TRAVEL-AIRFARE 3,3172,4179,0009,000 595 5959,000 211-1001-460.32-23TRAVEL-HOTEL 5,6967,1637,0007,0001,869 5765,000 211-1001-460.32-24TRAVEL-MEALS 1,1011,3841,5001,500 329 1801,500 211-1001-460.32-25TRAVEL-OTHER 1,126 645 200 200 57 16 200 211-1001-460.33-01OUTSIDEPRINTINGSERVICE 0 03,5003,500 125 1253,500 211-1001-460.33-02PUBLICATIONLEGALNOTICE 6,3215,4186,0006,2952,0321,8096,000 211-1001-460.33-03PROMOTIONAL 2,566 5721,5005,5005,2935,2931,500 211-1001-460.34-02LIABILITYINSURANCE 44,892213,048142,778142,77883,28671,388142,506 211-1001-460.36-02OFFICEEQUIPMENT 7,6373,6816,8637,858 295 2956,863 211-1001-460.36-03AUTOMOTIVEEQUIPMENT 3,740 4622,6002,6001,1751,1552,600 211-1001-460.36-04COMPUTEREQUIPMENT 19,65910,61011,24811,2488,1177,180177,176 211-1001-460.36-06SOFTWAREMAINTENANCE 07,82512,57012,57010,5196,36712,570 211-1001-460.39-10SUBSCRIPTIONS&DUES 3,3484,3613,5006,9003,5063,1363,500 211-1001-460.39-66LOCALMEETINGS 2,4751,0293,1003,100 563 563 0 211-1001-460.39-70EDUCATION&TRAINING 5,0858,61415,0008,0952,7262,35115,000 211-1001-460.39-89MISCCHARGES&SERVICES 6171,0881,50039,60037,70337,1331,500------------------------------------------------------------------------------------ *OTHERSERVICES&CHARGES 259,325439,310424,512511,534278,155230,134623,130 211-1001-460.43-02MOTOREQUIPMENT 0 037,00037,000 0 0 0------------------------------------------------------------------------------------ *CAPITAL 0 037,00037,000 0 0 0------------------------------------------------------------------------------------ **NEIGHBORHOODENGAGEMENT 2,193,4752,445,2672,647,7002,687,3131,455,3071,124,0872,571,309 ------------------------------------------------------------------------------------ ***DCIADMINISRATIONFUND 2,193,4752,445,2672,647,7002,687,3131,455,3071,124,0872,571,309 8 City of South Bend, Indiana 2017 Budget Studebaker/Oliver Revitalization Grants - 209 Fund Summary - Operating and Capital Budget 2016 2017 Budget 2014 2015 Amended 30-Jun Proposed Forecast Variance% Description Actual Actual Budget Actual Budget 2018 2019 2020 2021 2016-2017 Change REVENUES Property Taxes- - - - - - - - - - - Local Income Taxes- - - - - - - - - - - Other Taxes- - - - - - - - - - - Grants/Intergovernmental- 128,597 483,250 69,373 - - - - - (483,250) -100.0% Charges for Services- - - - - - - - - - - Interfund Allocations- - - - - - - - - - - Fines & Forfeitures- - - - - - - - - - - Donations- - - - - - - - - - - Other Income 3,078 6,309 104,000 5,395 104,000 104,000 104,000 104,000 400 - 0.0% Transfers In- - - - - - - - - - - Total Revenue 3,078 134,906 587,250 74,768 104,000 104,000 104,000 104,000 400 (483,250) -82.3% EXPENDITURES BY PROGRAM 1 Brownfields Program Administration 100,000 100,000 100,000 100,000 29,042 100,000 - 2- - 3- - 4- - 5- - 6- - 7- - 8- - 9- - 10- - 100,000 100,000 100,000 100,000 29,042 EXPENDITURES BY TYPE Personnel Salaries & Wages- - - - - - - - - - - Fringe Benefits- - - - - - - - - - - Total Personnel- - - - - - - - - - - Supplies- - - - - - - - - - - Services & Charges Professional Services - 114,170 1,683,250 89,849 100,000 100,000 100,000 100,000 29,042 (1,583,250) -94.1% Printing & Advertising - - - - - - - - - - - Utilities- - - - - - - - - - - Education & Training- - - - - - - - - - - Travel- - - - - - -- - - - Repairs & Maintenance- - - - - - - - - - - Payment In Lieu of Taxes- - - - - - - - - - - Other Interfund Allocations- - - - - - - - - - - Debt Service: Principal- - - - - - - - - - - Interest & Fees- - - - - - - - - - - Grants & Subsidies- - - - - - - - - - - Transfers Out- - - - - - - - - - - Other Services & Charges - - - - - - - - - - - Total Services & Charges- 114,170 1,683,250 89,849 100,000 100,000 100,000 100,000 29,042 (1,583,250) -94.1% Capital- - - - - - - - - - - Total Expenditures by Type- 114,170 1,683,250 89,849 100,000 100,000 100,000 100,000 29,042 (1,583,250) -94.1% Net Surplus / (Deficit)3,078 20,736 (1,096,000) (15,081) 4,000 4,000 4,000 4,000 (28,642) Beginning Cash Balance 1,083,387 1,087,092 1,108,642 1,108,642 12,642 16,642 20,642 24,642 28,642 Cash Adjustments 3,705 21,550 - - - - - - - Ending Cash Balance 1,087,092 1,108,642 12,642 1,093,561 16,642 20,642 24,642 28,642 0 Cash Reserves Target- - - - - - - - - 0.00% Explain Significant Revenue and Expenditure Changes Below: To account for various grants relating to Studebaker/Oliver area and brownfields. 2016 is the first year of payback of the Prairie Avenue Brownfields Project----expect $100,000 in revenue per year for 5 years from River West TIF (fund 324). Expenditures relate to brownfield remediation work. Expect to receive IDEM approval for $1.2M environmental clean-up project and enter into contract to begin the work during 2016. Note: There is no cash reserve requirement for this fund. 9 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue STUD./OLIVERREVITGRANTS209-0000-361.00-00INTERESTEARNINGS 3,0786,3094,0009,0005,8935,3954,000------------------------------------------------------------------------------------ * 3,0786,3094,0009,0005,8935,3954,000------------------------------------------------------------------------------------ **STUD./OLIVERREVITGRANTS 3,0786,3094,0009,0005,8935,3954,000 10 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue 209-1401-399.02-06PRINCIPALINCOME 0 0100,000100,000100,000 0100,000------------------------------------------------------------------------------------ * 0 0100,000100,000100,000 0100,000------------------------------------------------------------------------------------ **EPA2003CLEANUPGRT 0 0100,000100,000100,000 0100,000 11 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue 209-1403-331.10-13E.P.A.FUNDS 0108,597 0483,25089,60371,870 0 209-1403-331.10-20BROWNFIELDMATCHINGGRANT 020,000 0 0 0 0 0------------------------------------------------------------------------------------ * 0128,597 0483,25089,60371,870 0------------------------------------------------------------------------------------ **E.P.A.ASSESSMENTGRANT 0128,597 0483,25089,60371,870 0------------------------------------------------------------------------------------ ***STUD./OLIVERREVITGRANTS 3,078134,906104,000592,250195,49677,265104,000 12 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures STUD./OLIVERREVITGRANTS209-1401-460.31-02ENGINEERING 0 01,200,0001,200,000 0 0100,000------------------------------------------------------------------------------------ *OTHERSERVICES&CHARGES 0 01,200,0001,200,000 0 0100,000------------------------------------------------------------------------------------ **EPA2003CLEANUPGRT 0 01,200,0001,200,000 0 0100,000 13 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures 209-1403-460.31-06OTHERPROFSERVICES 0114,170 0483,25095,52189,849 0------------------------------------------------------------------------------------ *OTHERSERVICES&CHARGES 0114,170 0483,25095,52189,849 0------------------------------------------------------------------------------------ **E.P.A.ASSESSMENTGRANT 0114,170 0483,25095,52189,849 0------------------------------------------------------------------------------------ ***STUD./OLIVERREVITGRANTS 0114,1701,200,0001,683,25095,52189,849100,000 14 City of South Bend, Indiana 2017 Budget DCI State Grants - 210 Fund Summary - Operating and Capital Budget 2016 2017 Budget 2014 2015 Amended 30-Jun Proposed Forecast Variance% Description Actual Actual Budget Actual Budget 2018 2019 2020 2021 2016-2017 Change REVENUES Property Taxes- - - - - - - - - - - Local Income Taxes- - - - - - - - - - - Other Taxes- - - - - - - - - - - Grants/Intergovernmental- 956,299 2,624,161 767,681 - - - - - (2,624,161) -100.0% Charges for Services- - - - - - - - - - - Interfund Allocations- - - - - - - - - - - Fines & Forfeitures- - - - - - - - - - - Donations- - - - - - - - - - - Other Income 73,042 56,786 75,719 38,250 73,512 73,511 73,511 73,511 37,505 (2,207) -2.9% Transfers In- - - - - - - - - - - Total Revenue 73,042 1,013,085 2,699,880 805,930 73,512 73,511 73,511 73,511 37,505 (2,626,368) -97.3% EXPENDITURES BY PROGRAM 1 Brownfields Program Administration 72,012 72,011 72,011 72,011 36,005 72,012 - 2- - 3- - 4- - 5- - 6- - 7- - 8- - 9- - 10- - 72,012 72,011 72,011 72,011 36,005 EXPENDITURES BY TYPE Personnel Salaries & Wages- - - - - - - - - - - Fringe Benefits- - - - - - - - - - - Total Personnel- - - - - - - - - - - Supplies- - - - - - - - - - - Services & Charges Professional Services - - - - - - - - - - - Printing & Advertising - - - - - - - - - - - Utilities- - - - - - - - - - - Education & Training- - - - - - - - - - - Travel- - - - - - - - - - - Repairs & Maintenance- - - - - - - - - - - Payment In Lieu of Taxes- - - - - - - - - - - Other Interfund Allocations- - - - - - - - - - - Debt Service: Principal 58,200 59,966 61,786 15,274 63,661 65,592 67,582 69,632 35,604 1,875 3.0% Interest & Fees 13,810 12,044 10,225 2,729 8,351 6,419 4,429 2,379 401 (1,874) -18.3% Grants & Subsidies- - - - - - - - - - - Transfers Out- - - - - - - - - - - Other Services & Charges 20,550 310,151 1,250,508 617,809 - - - - - (1,250,508) -100.0% Total Services & Charges 92,560 382,161 1,322,519 635,812 72,012 72,011 72,011 72,011 36,005 (1,250,507) -94.6% Capital- 800,000 1,200,000 858,470 - - - - - (1,200,000) -100.0% Total Expenditures by Type 92,560 1,182,161 2,522,519 1,494,282 72,012 72,011 72,011 72,011 36,005 (2,450,507) -97.1% Net Surplus / (Deficit)(19,518) (169,076) 177,361 (688,352) 1,500 1,500 1,500 1,500 1,500 Beginning Cash Balance 348,950 329,623 160,361 160,361 337,722 339,222 340,722 342,222 343,722 Cash Adjustments(19,327) (169,262) - - - - - - - Ending Cash Balance 329,623 160,361 337,722 (527,991) 339,222 340,722 342,222 343,722 345,222 Cash Reserves Target- - - - - - - - - 0.00% Explain Significant Revenue and Expenditure Changes Below: 2015 and 2016 has significant activity because of 2 grants: $2M for ND Turbo project; and $1.6M for Blight Elimination Program. Expect bulk of receipts and expenditures will occur in 2015 and 2016, though some activity can trickle on thru 2018. However, no new appropriations may be necessary for these projects. Other revenues and expenditures primarily relate to State loans made on behalf of Bosch. Final payoff of Bosch loan scheduled for 2021. Note: There is no cash reserve requirement for this fund. 15 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue ECONOMICDEV.STATEGRANT210-0000-361.00-00INTERESTEARNINGS 1,0322,0291,5001,500 36 361,500------------------------------------------------------------------------------------ * 1,0322,0291,5001,500 36 361,500------------------------------------------------------------------------------------ **ECONOMICDEV.STATEGRANT 1,0322,0291,5001,500 36 361,500 16 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue 210-1041-361.01-08BOSCH-INTERESTIDFA 13,8109,20210,22510,2255,5725,5728,351------------------------------------------------------------------------------------ * 13,8109,20210,22510,2255,5725,5728,351210-1041-399.02-02BOSCH-PRINCIPALINCOME58,20044,80661,78661,78630,43430,43463,661------------------------------------------------------------------------------------ * 58,20044,80661,78661,78630,43430,43463,661------------------------------------------------------------------------------------ **BOSCHPROJECT 72,01054,00872,01172,01136,00636,00572,012 17 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue 210-1042-334.13-02IDGF 0800,000 01,200,000944,679 0 0------------------------------------------------------------------------------------ * 0800,000 01,200,000944,679 0 0------------------------------------------------------------------------------------ **IDGF-TJX 0800,000 01,200,000944,679 0 0 18 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue 210-1060-334.10-00ECON.DEVELOPMT&ASSIST. 0156,299 01,424,161775,231775,231 0------------------------------------------------------------------------------------ * 0156,299 01,424,161775,231775,231 0 210-1060-360.05-01REIMBURSEMENTREVENUE 0 749 02,2082,2082,208 0------------------------------------------------------------------------------------ * 0 749 02,2082,2082,208 0------------------------------------------------------------------------------------ **BROWNFIELDECONDEVINITI 0157,048 01,426,369777,439777,439 0------------------------------------------------------------------------------------ ***ECONOMICDEV.STATEGRANT 73,0421,013,08573,5112,699,8801,758,160813,48073,512 19 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures ECONOMICDEV.STATEGRANT210-1041-460.38-01PRINCIPAL 58,20059,96661,78661,78630,66230,66263,661 LEVELTEXT TEXTAMT 02ORIGINALPRINCIPAL$1,040,000 63,661 PROJECTEDPAYOFFDATE:6/22/2021AMORTIZATIONSCHEDULE#3 63,661 210-1041-460.38-02INTEREST 13,81012,04410,22510,2255,3435,3438,351 LEVELTEXT TEXTAMT 02AMORTIZATIONSCHEDULE#3 8,3518,351 ------------------------------------------------------------------------------------ *OTHERSERVICES&CHARGES 72,01072,01072,01172,01136,00536,00572,012------------------------------------------------------------------------------------ **BOSCHPROJECT 72,01072,01072,01172,01136,00536,00572,012 20 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures 210-1042-460.42-07EQUIPMENT 0800,000 01,200,000858,470858,470 0------------------------------------------------------------------------------------ *CAPITAL 0800,000 01,200,000858,470858,470 0------------------------------------------------------------------------------------ **IDGF-TJX 0800,000 01,200,000858,470858,470 0 21 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures 210-1060-460.39-82DEMOLITION&CLEARANCE 20,550310,151 01,250,508617,809617,809 0------------------------------------------------------------------------------------ *OTHERSERVICES&CHARGES 20,550310,151 01,250,508617,809617,809 0------------------------------------------------------------------------------------ **BROWNFIELDECONDEVINITI 20,550310,151 01,250,508617,809617,809 0------------------------------------------------------------------------------------ ***ECONOMICDEV.STATEGRANT 92,5601,182,16172,0112,522,5191,512,2841,512,28472,012 22 City of South Bend, Indiana 2017 Budget DCI Grants - 212 Fund Summary - Operating and Capital Budget 2016 2017 Budget 2014 2015 Amended 30-Jun Proposed Forecast Variance% Description Actual Actual Budget Actual Budget 2018 2019 2020 2021 2016-2017 Change REVENUES Property Taxes- - - - - - - - - - - Local Income Taxes- - - - - - - - - - - Other Taxes- - - - - - - - - - - Grants/Intergovernmental 4,287,122 2,338,715 6,528,252 831,795 3,054,000 2,904,000 2,904,000 2,904,000 2,904,000 (3,474,252) -53.2% Charges for Services- - - - - - - - - - - Interfund Allocations- - - - - - - - - - - Fines & Forfeitures- - - - - - - - - - - Donations- - - - - - - - - - - Other Income 536,728 336,269 916,648 12,590 200,000 150,000 150,000 150,000 150,000 (716,648) -78.2% Transfers In- - - - - - - - - - - Total Revenue 4,823,850 2,674,984 7,444,900 844,385 3,254,000 3,054,000 3,054,000 3,054,000 3,054,000 (4,190,900) -56.3% EXPENDITURES BY PROGRAM 1 1st Time Homebuyer Assistance Program 200,000 200,000 200,000 200,000 200,000 200,000 - 2 Community Development Block Grant Administration 2,275,213 2,075,213 2,075,213 2,075,213 2,075,213 2,275,213 - 3 Emergency Solutions Grant Program Administration 211,000 211,000 211,000 211,000 211,000 211,000 - 4 Homeownership Counseling 24,787 24,787 24,787 24,787 24,787 24,787 - 5 South Bend Home Improvement Program 200,000 200,000 200,000 200,000 200,000 200,000 - 6 Homeless Assistance Programs 343,000 343,000 343,000 343,000 343,000 343,000 - 7- - 8- - 9- - 10- - 3,254,000 3,054,000 3,054,000 3,054,000 3,054,000 EXPENDITURES BY TYPE Personnel Salaries & Wages- - - - - - - - - - - Fringe Benefits- - - - - - - - - - - Total Personnel- - - - - - - - - - - Supplies- - - - - - - - - - - Services & Charges Professional Services - - - - - - - - - - - Printing & Advertising - - - - - - - - - - - Utilities- - - - - - - - - - - Education & Training- - - - - - - - - - - Travel- - - - - - - - - - - Repairs & Maintenance- - - - - - - - - - - Payment In Lieu of Taxes- - - - - - - - - - - Other Interfund Allocations- - - - - - - - - - - Debt Service: Principal- 180,000 - - - - - - - - - Interest & Fees- - - - - - - - - - - Grants & Subsidies 4,623,591 2,707,543 7,356,963 816,953 3,254,000 3,054,000 3,054,000 3,054,000 3,054,000 (4,102,963) -55.8% Transfers Out- - 500 500 - - - - - (500) -100.0% Other Services & Charges - 24,985 - - - - - - - - - Total Services & Charges 4,623,591 2,912,528 7,357,463 817,452 3,254,000 3,054,000 3,054,000 3,054,000 3,054,000 (4,103,463) -55.8% Capital- - - - - - - - - - - Total Expenditures by Type 4,623,591 2,912,528 7,357,463 817,452 3,254,000 3,054,000 3,054,000 3,054,000 3,054,000 (4,103,463) -55.8% Net Surplus / (Deficit)200,259 (237,544) 87,437 26,933 - - - - - Beginning Cash Balance 590,162 791,640 553,875 553,875 641,312 641,312 641,312 641,312 641,312 Cash Adjustments 201,478 (237,765) - - - - - - - Ending Cash Balance 791,640 553,875 641,312 580,808 641,312 641,312 641,312 641,312 641,312 Cash Reserves Target- - - - - - - - - 0.00% Explain Significant Revenue and Expenditure Changes Below: Amended current year budget includes significant amount of carry forward encumbrances from prior year. This occurs because federal funding is generally not released until summer at which time we enter into contracts with subgrantees and encumber funds. There is therefore not enough time to spend down full year funding prior to year end. This cycle continues annually. Note: There is no cash reserve requirement for this fund. 23 City of South Bend, Indiana 2017 Budget DCI Grants - 212 Fund Summary - Description, Accomplishments, Goals, KPI's Fund Description & Purpose 2016 Accomplishments & Outcomes - - - - - - - - - - 2017 Department Goals & Objectives & Linkage to City Goals Basics are Easy (BE) - - Good Government (GG) - - - - People/Places (PP) - - - - - - - Key Performance Indicators (KPI's) 2018 City Long Term 2015 2016 2017 Measure Goal Type Goal Actual Estimated Target -N/A - - - - - - - - - - - Types: output, efficiency, effectiveness, quality, outcome, technology 2017 Significant Changes/Challenges/Opportunities (with a focus on solutions) - - - - None Supporting stable neighborhoods by reducing vacant structures Assisting with rental options for special populations Keeping homes in good repair Encouraging new homeownership in South Bend neighborhoods Increase support for neighborhood safety programs Zero audit findings CDBG expenditure rate under 1.5 1 Acquisition/rehab sold; 16 Owner-occupied homes renovated thru 5/31/16 3 homebuyers assisted; 66 people received rental assistance thru 5/31/16 10 graduates in Neighborhood Resources Corp. Neighborhood Leadership Academy 3 emergency shelters operated 44,000 residents served by police patrols Grant funds from various federal governmental agencies for specific projects in the community. Community Develo9pment Block Grant (CDBG(, Emergency Solutions Grant (ESG), and Continuum of Care (for homeless shelters, et.) are generally recurring. Other grants which we may be awarded, from time to time, are usually temporary. Continued targeting resources to Vacant & Abandoned Initiative Focus on affordable housing Providing support for existing homeowners through South Bend Home Improvement Program and Rebuilding Together Continue support for 1st time homebuyers 24 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue DCIGRANTFUND212-0000-331.10-11COMMDEVBLOCKGRANTFNDS3,695,8341,573,2862,350,0005,850,000895,608653,7332,500,000212-0000-331.10-12EMERGENCYSHELTERGRANT223,626174,965212,000212,00071,57359,891211,000212-0000-331.10-14SHELTERPLUSCARE 367,662250,430466,252466,252118,172118,172343,000------------------------------------------------------------------------------------ * 4,287,1221,998,6813,028,2526,528,2521,085,353831,7953,054,000 212-0000-351.31-10LATEFEES 864 5041,0001,000 180 901,000------------------------------------------------------------------------------------ * 864 5041,0001,000 180 901,000 212-0000-360.00-00MISCELLANEOUSREVENUE 180,287138,934768,748768,748 9 9197,000------------------------------------------------------------------------------------ * 180,287138,934768,748768,748 9 9197,000 212-0000-361.31-10INTERESTINCOME 1,5821,2522,0002,0001,2131,1192,000------------------------------------------------------------------------------------ * 1,5821,2522,0002,0001,2131,1192,000 212-0000-362.00-00RENTALOFPROPERTY 7,3877,387 08,0005,5403,694 0------------------------------------------------------------------------------------ * 7,3877,387 08,0005,5403,694 0 212-0000-399.31-10PRINCIPALONLOANS 32,72922,621 015,00010,2787,678 0------------------------------------------------------------------------------------ * 32,72922,621 015,00010,2787,678 0------------------------------------------------------------------------------------ **DCIGRANTFUND 4,509,9712,169,3793,800,0007,323,0001,102,573844,3853,254,000 25 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue 212-1013-331.10-15NSPGRANTS 0340,034 0 0 0 0 0------------------------------------------------------------------------------------ * 0340,034 0 0 0 0 0 212-1013-360.00-00MISCELLANEOUSREVENUE 313,879165,571 0121,900 0 0 0------------------------------------------------------------------------------------ * 313,879165,571 0121,900 0 0 0------------------------------------------------------------------------------------ **NSPGRANT 313,879505,605 0121,900 0 0 0------------------------------------------------------------------------------------ ***DCIGRANTFUND 4,823,8502,674,9843,800,0007,444,9001,102,573844,3853,254,000 26 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures DCIGRANTFUND212-1001-460.38-01PRINCIPAL 0180,000 0 0 0 0 0 212-1001-460.39-01REFUNDS/AWARDS 024,985 0 0 0 0 0212-1001-460.39-30GRANTSANDSUBSIDIES4,377,8142,691,0293,800,0007,352,7281,059,897819,2503,254,000------------------------------------------------------------------------------------ *OTHERSERVICES&CHARGES 4,377,8142,896,0143,800,0007,352,7281,059,897819,2503,254,000 212-1001-460.50-02INTERFUNDOPER.TRANSFER 0 0 0 500 500 500 0------------------------------------------------------------------------------------ *OTHERUSES 0 0 0 500 500 500 0------------------------------------------------------------------------------------ **NEIGHBORHOODENGAGEMENT 4,377,8142,896,0143,800,0007,353,2281,060,397819,7503,254,000 27 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures 212-1013-460.81-20RENTALHSG-SPECNEEDS 722 0 0 0 0 0 0 212-1013-460.81-21RED.VACANT/DEMOPROPERTY2,945 0 0 0 0 0 0 212-1013-460.81-88NNN-ACQUISITION/REHAB78,552 0 0 0 0 0 0 212-1013-460.81-99ADMIN.EXPENSE 10,680 0 0 0 0 0 0------------------------------------------------------------------------------------ * 92,899000000------------------------------------------------------------------------------------ **NSPGRANT 92,899 0 0 0 0 0 0 28 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures 212-1015-460.81-99ADMIN.EXPENSE 0 0 0 02,297-2,297- 0------------------------------------------------------------------------------------ * 0 0 0 02,297-2,297- 0------------------------------------------------------------------------------------ **HPRPGRANT 0 0 0 02,297-2,297- 0 29 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures 212-1021-460.81-25SBHFNEARW.SIDEACQ 811 0 0 0 0 0 0 212-1021-460.81-58SBHFNNRON.EASTACQ 3,710 0 0 0 0 0 0------------------------------------------------------------------------------------ * 4,521000000------------------------------------------------------------------------------------ **2010PROJECTYEAR 4,521 0 0 0 0 0 0 30 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures 212-1022-460.81-04CHCMORTGAGESUBSIDY 69,475 0 0 0 0 0 0 212-1022-460.81-31REALSEV-AGINGINPLACE 0 0 04,235 0 0 0------------------------------------------------------------------------------------ * 69,475 0 04,235 0 0 0------------------------------------------------------------------------------------ **CDBG2011PROJECTYEAR 69,475 0 04,235 0 0 0 31 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures212-1035-460.81-12CODEDEMOLITIONPGRMNRSA78,88216,514 0 0 0 0 0------------------------------------------------------------------------------------ * 78,88216,514 0 0 0 0 0------------------------------------------------------------------------------------ **2009PROGRAMYEAR 78,88216,514 0 0 0 0 0------------------------------------------------------------------------------------ ***DCIGRANTFUND 4,623,5912,912,5283,800,0007,357,4631,058,100817,4523,254,000 32 City of South Bend, Indiana 2017 Budget Gifts, Donations, Bequests - 217 Fund Summary - Operating and Capital Budget 2016 2017 Budget 2014 2015 Amended 30-Jun Proposed Forecast Variance% Description Actual Actual Budget Actual Budget 2018 2019 2020 2021 2016-2017 Change REVENUES Property Taxes- - - - - - - - - - - Local Income Taxes- - - - - - - - - - - Other Taxes- - - - - - - - - - - Grants/Intergovernmental- - - - - - - - - - - Charges for Services- - - - - - - - - - - Interfund Allocations- - - - - - - - - - - Fines & Forfeitures- - - - - - - - - - - Donations 174,918 8,870 360,000 943 18,000 8,000 8,000 8,000 8,000 (342,000) -95.0% Other Income 382 508 800 319 800 800 800 800 800 - 0.0% Transfers In- - - - - - - - - - - Total Revenue 175,300 9,378 360,800 1,262 18,800 8,800 8,800 8,800 8,800 (342,000) -94.8% EXPENDITURES BY PROGRAM 1 Bicycle/Pedestrian Planning 8,700 - - - - 8,700 - 2 Animal Care and Control 30,000 30,000 - 3- - 4- - 5- - 6- - 7- - 8- - 9- - 10- - 38,700 - - - - EXPENDITURES BY TYPE Personnel Salaries & Wages- - - - - - - - - - - Fringe Benefits- - - - - - - - - - - Total Personnel- - - - - - - - - - - Supplies 14,625 1,349 12,500 - 8,700 - - - - (3,800) -30.4% Services & Charges Professional Services - - - - - - - - - - - Printing & Advertising - - - - - - - - - - - Utilities- - - - - - - - - - - Education & Training- - - - - - - - - - - Travel- - - - - - - - - - - Repairs & Maintenance- - - - 30,000 - - - - 30,000 - Payment In Lieu of Taxes- - - - - - - - - - - Other Interfund Allocations- - - - - - - - - - - Debt Service: Principal- - - - - - - - - - - Interest & Fees- - - - - - - - - - - Grants & Subsidies- - - - - - - - - - - Transfers Out- - - - - - - - - - - Other Services & Charges 97,470 81,093 350,000 - - - - - - (350,000) -100.0% Total Services & Charges 97,470 81,093 350,000 - 30,000 - - - - (320,000) -91.4% Capital- - - - - - - - - - - Total Expenditures by Type 112,095 82,442 362,500 - 38,700 - - - - (323,800) -89.3% Net Surplus / (Deficit)63,205 (73,064) (1,700) 1,262 (19,900) 8,800 8,800 8,800 8,800 Beginning Cash Balance 74,734 138,018 64,958 64,958 63,258 43,358 52,158 60,958 69,758 Cash Adjustments 63,284 (73,060) - - - - - - - Ending Cash Balance 138,018 64,958 63,258 66,220 43,358 52,158 60,958 69,758 78,558 Cash Reserves Target- - - - - - - - - 0.00% Explain Significant Revenue and Expenditure Changes Below: This fund is used as a collection point for miscellaneous contributions to the City for specific projects such as Animal Control; Bicycle Paths; Vacant & Abandoned Properties; Public Art or intention of the gifter, etc. Since revenues are not constant, the expenditures are usually for on-time purchases/expenditures. 2016 appropriation for public art project(s); freezer for Animal Control and bike path supplies funded by outside funders. 2017 request for additional bicycle signs and improvements to Animal Care building. Future projects are decided based on need and other outside donations. Note: There is no cash reserve requirement for this fund. 33 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue GIFT,DONATION,BEQUEST217-0000-361.00-00INTERESTEARNINGS 382 508 800 800 349 319 800 LEVELTEXT TEXTAMT 02INTERESTONCASHBALANCE 800800 ------------------------------------------------------------------------------------ * 382 508 800 800 349 319 800------------------------------------------------------------------------------------ **GIFT,DONATION,BEQUEST 382 508 800 800 349 319 800 34 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue217-1001-367.00-00DONATIONPRIVATESOURCES21,113 0 0 0 0 010,000------------------------------------------------------------------------------------ * 21,113 0 0 0 0 010,000------------------------------------------------------------------------------------ **NEIGHBORHOODENGAGEMENT 21,113 0 0 0 0 010,000 35 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue 217-1086-367.00-00DONATIONPRIVATESOURCES 0 0175,000350,00050,000 0 0------------------------------------------------------------------------------------ * 0 0175,000350,00050,000 0 0------------------------------------------------------------------------------------ **MAYORSOFFICEDONATIONS 0 0175,000350,00050,000 0 0 36 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue217-1201-367.00-00DONATIONPRIVATESOURCES150,000 629 0 0 0 0 0------------------------------------------------------------------------------------ * 150,000 629 0 0 0 0 0------------------------------------------------------------------------------------ **NEIGHBORHOODCODEENF. 150,000 629 0 0 0 0 0 37 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue 217-1207-367.00-00DONATIONPRIVATESOURCES 3,8058,24110,00010,0001,058 9438,000 LEVELTEXT TEXTAMT 02DONATIONSTOSUPPORTTHEANIMALSHELTER 8,0008,000 ------------------------------------------------------------------------------------ * 3,8058,24110,00010,0001,058 9438,000------------------------------------------------------------------------------------ **ANIMALCONTROL 3,8058,24110,00010,0001,058 9438,000------------------------------------------------------------------------------------ ***GIFT,DONATION,BEQUEST 175,3009,378185,800360,80051,4071,26218,800 38 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures GIFT,DONATION,BEQUEST217-1085-431.22-30TRAFFIC/SIGN/OTHER 8891,3492,5002,500 0 08,700------------------------------------------------------------------------------------ *SUPPLIES 8891,3492,5002,500 0 08,700------------------------------------------------------------------------------------ **UEABIKECAPITAL 8891,3492,5002,500 0 08,700 39 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures 217-1086-415.39-89MISCCHARGES&SERVICES 0 0350,000350,00096,000 0 0------------------------------------------------------------------------------------ *OTHERSERVICES&CHARGES 0 0350,000350,00096,000 0 0------------------------------------------------------------------------------------ **MAYORSOFFICEDONATIONS 0 0350,000350,00096,000 0 0 40 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures217-1201-415.39-89MISCCHARGES&SERVICES97,47081,093 0 0 0 0 0------------------------------------------------------------------------------------ *OTHERSERVICES&CHARGES 97,47081,093 0 0 0 0 0------------------------------------------------------------------------------------ **NEIGHBORHOODCODEENF. 97,47081,093 0 0 0 0 0 41 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures 217-1207-415.21-05SMALLOFFICEEQUIPMENT 0 010,00010,000 0 0 0 217-1207-415.22-60COMPUTERSUPPLIES 2,786 0 0 0 0 0 0 217-1207-415.23-99OTHERREPAIR&MAINT.SUP10,950 0 0 0 0 0 0------------------------------------------------------------------------------------ *SUPPLIES 13,736 010,00010,000 0 0 0 217-1207-415.36-01BUILDINGS 0 0 0 0 0 030,000 LEVELTEXT TEXTAMT 02ANIMALSHELTERRENOVATIONS 30,00030,000 ------------------------------------------------------------------------------------ *OTHERSERVICES&CHARGES 0 0 0 0 0 030,000------------------------------------------------------------------------------------ **ANIMALCONTROL 13,736 010,00010,000 0 030,000------------------------------------------------------------------------------------ ***GIFT,DONATION,BEQUEST 112,09582,442362,500362,50096,000 038,700 42 City of South Bend, Indiana 2017 Budget Economic Revenue Bond - 281 Fund Summary - Operating and Capital Budget 2016 2017 Budget 2014 2015 Amended 30-Jun Proposed Forecast Variance% Description Actual Actual Budget Actual Budget 2018 2019 2020 2021 2016-2017 Change REVENUES Property Taxes- - - - - - - - - - - Local Income Taxes- - - - - - - - - - - Other Taxes- - - - - - - - - - - Grants/Intergovernmental- - - - - - - - - - - Charges for Services- - - - - - - - - - - Interfund Allocations- - - - - - - - - - - Fines & Forfeitures- - - - - - - - - - - Donations- - - - - - - - - - - Other Income 77 157 150 134 200 - - - - 50 33.3% Transfers In- - - - - - - - - - - Total Revenue 77 157 150 134 200 - - - - 50 33.3% EXPENDITURES BY PROGRAM 1 n/a- - 2- - 3- - 4- - 5- - 6- - 7- - 8- - 9- - 10- - - - - - - EXPENDITURES BY TYPE Personnel Salaries & Wages- - - - - - - - - - - Fringe Benefits- - - - - - - - - - - Total Personnel- - - - - - - - - - - Supplies- - - - - - - - - - - Services & Charges Professional Services - - - - - - - - - - - Printing & Advertising - - - - - - - - - - - Utilities- - - - - - - - - - - Education & Training- - - - - - - - - - - Travel- - - - - - - - - - - Repairs & Maintenance- - - - - - - - - - - Payment In Lieu of Taxes- - - - - - - - - - - Other Interfund Allocations- - - - - - - - - - - Debt Service: Principal- - - - - - - - - - - Interest & Fees- - - - - - - - - - - Grants & Subsidies- - - - - - - - - - - Transfers Out- - - - - - - - - - - Other Services & Charges - - - - - - - - - - - Total Services & Charges- - - - - - - - - - - Capital- - - - - - - - - - - Total Expenditures by Type- - - - - - - - - - - Net Surplus / (Deficit)77 157 150 134 200 - - - - Beginning Cash Balance 27,035 27,128 27,220 27,220 27,370 27,570 27,570 27,570 27,570 Cash Adjustments 93 93 - - - - - - - Ending Cash Balance 27,128 27,220 27,370 27,354 27,570 27,570 27,570 27,570 27,570 Cash Reserves Target- - - - - - - - - 0.00% Explain Significant Revenue and Expenditure Changes Below: Fund not used often. To be used only for the expenses of Economic Development Commission revenue bonds. Exploring possibility of closing this fund as time allows. Note: There is no cash reserve requirement for this fund. 43 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue ECONOMICREVENUEBOND281-0000-361.00-00INTERESTEARNINGS 77 157 150 150 147 134 200------------------------------------------------------------------------------------ * 77 157 150 150 147 134 200------------------------------------------------------------------------------------ **ECONOMICREVENUEBOND 77 157 150 150 147 134 200------------------------------------------------------------------------------------ ***ECONOMICREVENUEBOND 77 157 150 150 147 134 200 44 City of South Bend, Indiana 2017 Budget Coveleski Debt Service Reserve - 317 Fund Summary - Operating and Capital Budget 2016 2017 Budget 2014 2015 Amended 30-Jun Proposed Forecast Variance% Description Actual Actual Budget Actual Budget 2018 2019 2020 2021 2016-2017 Change REVENUES Property Taxes- - - - - - - - - - - Local Income Taxes- - - - - - - - - - - Other Taxes- - - - - - - - - - - Grants/Intergovernmental- - - - - - - - - - - Charges for Services- - - - - - - - - - - Interfund Allocations- - - - - - - - - - - Fines & Forfeitures- - - - - - - - - - - Donations- - - - - - - - - - - Other Income 1,430 2,916 5,300 2,491 5,000 5,000 - - - (300) -5.7% Transfers In- - - - - - - - - - - Total Revenue 1,430 2,916 5,300 2,491 5,000 5,000 - - - (300) -5.7% EXPENDITURES BY PROGRAM 1- - 2- - 3- - 4- - 5- - 6- - 7- - 8- - 9- - 10- - - - - - - EXPENDITURES BY TYPE Personnel Salaries & Wages- - - - - - - - - - - Fringe Benefits- - - - - - - - - - - Total Personnel- - - - - - - - - - - Supplies- - - - - - - - - - - Services & Charges Professional Services - - - - - - - - - - - Printing & Advertising - - - - - - - - - - - Utilities- - - - - - - - - - - Education & Training- - - - - - - - - - - Travel- - - - - - - - - - - Repairs & Maintenance- - - - - - - - - - - Payment In Lieu of Taxes- - - - - - - - - - - Other Interfund Allocations- - - - - - - - - - - Debt Service: Principal- - - - - 163,024 345,000 - - - - Interest & Fees- - - - - - 8,970 - - - - Grants & Subsidies- - - - - - - - - - - Transfers Out- - - - - - - - - - - Other Services & Charges - - - - - - - - - - - Total Services & Charges- - - - - 163,024 353,970 - - - - Capital- - - - - - - - - - - Total Expenditures by Type- - - - - 163,024 353,970 - - - - Net Surplus / (Deficit)1,430 2,916 5,300 2,491 5,000 (158,024) (353,970) - - Beginning Cash Balance 501,748 503,472 505,194 505,194 510,494 515,494 357,470 3,500 3,500 Cash Adjustments 1,725 1,722 - - - - - - - Ending Cash Balance 503,472 505,194 510,494 507,685 515,494 357,470 3,500 3,500 3,500 Cash Reserves Target 503,472 505,194 510,494 507,685 515,494 357,470 3,500 3,500 3,500 100.00% Explain Significant Revenue and Expenditure Changes Below: Debt service reserve fund for 2010 Coveleski Stadium bonds in the amount of $4.98M which closed December 23, 2011. This money remains in the fund as security for bond holders and will be used to make a portion of the July 15, 2018 payment and the final bond payment due on January 15, 2019. 45 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue COVELESKIBONDDSRESERVE317-1001-361.00-00INTERESTEARNINGS 1,4302,9161,8005,3002,7252,4915,000 LEVELTEXT TEXTAMT 02INTERESTINCOME 5,0005,000 ------------------------------------------------------------------------------------ * 1,4302,9161,8005,3002,7252,4915,000------------------------------------------------------------------------------------ **NEIGHBORHOODENGAGEMENT 1,4302,9161,8005,3002,7252,4915,000------------------------------------------------------------------------------------ ***COVELESKIBONDDSRESERVE 1,4302,9161,8005,3002,7252,4915,000 46 City of South Bend, Indiana 2017 Budget Urban Development Action Grants (UDAG) - 410 Fund Summary - Operating and Capital Budget 2016 2017 Budget 2014 2015 Amended 30-Jun Proposed Forecast Variance% Description Actual Actual Budget Actual Budget 2018 2019 2020 2021 2016-2017 Change REVENUES Property Taxes- - - - - - - - - - - Local Income Taxes- - - - - - - - - - - Other Taxes- - - - - - - - - - - Grants/Intergovernmental- - - - - - - - - - - Charges for Services- - - - - - - - - - - Interfund Allocations- - - - - - - - - - - Fines & Forfeitures- - - - - - - - - - - Donations- - - - - - - - - - - Other Income 78 1,040,937 175,827 2,733 6,110 - - - - (169,717) -96.5% Transfers In- - - - - - - - - - - Total Revenue 78 1,040,937 175,827 2,733 6,110 - - - - (169,717) -96.5% EXPENDITURES BY PROGRAM 1 Redevelopment Project Management & Implementation 126,143 132,619 140,083 130,659 132,586 126,143 - 2- - 3- - 4- - 5- - 6- - 7- - 8- - 9- - 10- - 126,143 132,619 140,083 130,659 132,586 EXPENDITURES BY TYPE Personnel Salaries & Wages- - - - - - - - - - - Fringe Benefits- - - - - - - - - - - Total Personnel- - - - - - - - - - - Supplies- - - - - - - - - - - Services & Charges Professional Services - - - - - - - - - - - Printing & Advertising - - - - - - - - - - - Utilities- - - - - - - - - - - Education & Training- - - - - - - - - - - Travel- - - - - - - - - - - Repairs & Maintenance- - - - - - - - - - - Payment In Lieu of Taxes- - - - - - - - - - - Other Interfund Allocations- - - - - - - - - - - Debt Service: Principal- 438,203 238,173 146,068 126,143 132,619 140,083 130,659 132,586 (112,030) -47.0% Interest & Fees- - - - - - - - - - - Grants & Subsidies- - - - - - - - - - - Transfers Out- - - - - - - - - - - Other Services & Charges - - - - - - - - - - - Total Services & Charges- 438,203 238,173 146,068 126,143 132,619 140,083 130,659 132,586 (112,030) -47.0% Capital- - - - - - - - - - - Total Expenditures by Type- 438,203 238,173 146,068 126,143 132,619 140,083 130,659 132,586 (112,030) -47.0% Net Surplus / (Deficit)78 602,734 (62,346) (143,335) (120,033) (132,619) (140,083) (130,659) (132,586) Beginning Cash Balance 27,587 27,681 631,221 631,221 568,875 448,842 316,223 176,140 45,481 Cash Adjustments 94 603,540 - - - - - - - Ending Cash Balance 27,681 631,221 568,875 487,886 448,842 316,223 176,140 45,481 (87,105) Cash Reserves Target- - - - - - - - - 0.00% Explain Significant Revenue and Expenditure Changes Below: This fund is used to account for economic development expenditures which are financed by federal grants and loan repayments. Revenues come from BDC's payback of initial loaned fund capitalization. Expenditures are made to reimburse COIT for costs in renovation of the 1st Source Bank/Doubletree garage. Note: There is no cash reserve requirement for this fund. 47 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue UDAG410-0000-360.00-00MISCELLANEOUSREVENUE 01,039,452169,717169,717 0 0 0------------------------------------------------------------------------------------ * 01,039,452169,717169,717 0 0 0 410-0000-361.00-00INTERESTEARNINGS 781,485 1106,1102,9562,7336,110------------------------------------------------------------------------------------ * 781,485 1106,1102,9562,7336,110------------------------------------------------------------------------------------ **UDAG 781,040,937169,827175,8272,9562,7336,110------------------------------------------------------------------------------------ ***UDAG 781,040,937169,827175,8272,9562,7336,110 48 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures UDAG410-1002-460.38-01PRINCIPAL 0438,203238,173238,173146,068146,068126,144 LEVELTEXT TEXTAMT 02COITLOANREPAYMENT:1/15PAYMENT 30,702 4/15PAYMENT 31,814 7/15PAYMENT 31,814 10/15PAYMENT 31,814 NOINTERESTCHARGED;AMORTSCHEDULE#82 126,144 ------------------------------------------------------------------------------------ *OTHERSERVICES&CHARGES 0438,203238,173238,173146,068146,068126,144------------------------------------------------------------------------------------ **ECONOMICRESOURCES 0438,203238,173238,173146,068146,068126,144------------------------------------------------------------------------------------ ***UDAG 0438,203238,173238,173146,068146,068126,144 49 City of South Bend, Indiana 2017 Budget Hall of Fame Capital - 677 Fund Summary - Operating and Capital Budget 2016 2017 Budget 2014 2015 Amended 30-Jun Proposed Forecast Variance% Description Actual Actual Budget Actual Budget 2018 2019 2020 2021 2016-2017 Change REVENUES Property Taxes- - - - - - - - - - - Local Income Taxes- - - - - - - - - - - Other Taxes- - - - - - - - - - - Grants/Intergovernmental- - - - - - - - - - - Charges for Services- - - - - - - - - - - Interfund Allocations- - - - - - - - - - - Fines & Forfeitures- - - - - - - - - - - Donations- - - - - - - - - - - Other Income 1,823 3,112 53,809 51,161 5,000 5,000 5,000 5,000 5,000 (48,809) -90.7% Transfers In- - - - - - - - - - - Total Revenue 1,823 3,112 53,809 51,161 5,000 5,000 5,000 5,000 5,000 (48,809) -90.7% EXPENDITURES BY PROGRAM 1 Redevelopment Project Management & Implementation 80,000 80,000 80,000 80,000 80,000 80,000 - 2- - 3- - 4- - 5- - 6- - 7- - 8- - 9- - 10- - 80,000 80,000 80,000 80,000 80,000 EXPENDITURES BY TYPE Personnel Salaries & Wages- - - - - - - - - - - Fringe Benefits- - - - - - - - - - - Total Personnel- - - - - - - - - - - Supplies 419 - 1,000 - - - - - - (1,000) -100.0% Services & Charges Professional Services - 314 - - - - - - - - - Printing & Advertising - - - - - - - - - - - Utilities 42,540 41,690 52,000 17,388 - - - - - (52,000) -100.0% Education & Training- - - - - - - - - - - Travel- - - - - - - - - - - Repairs & Maintenance 51,738 10,888 26,000 15,332 80,000 80,000 80,000 80,000 80,000 54,000 207.7% Payment In Lieu of Taxes- - - - - - - - - - - Other Interfund Allocations 6,312 6,564 5,801 2,898 - - - - - (5,801) -100.0% Debt Service: Principal- - - - - - - - - - - Interest & Fees- - - - - - - - - - - Grants & Subsidies- - - - - - - - - - - Transfers Out- - - - - - - - - - - Other Services & Charges - - - - - - - - - - - Total Services & Charges 100,590 59,456 83,801 35,618 80,000 80,000 80,000 80,000 80,000 (3,801) -4.5% Capital- - - - - - - - - - - Total Expenditures by Type 101,009 59,456 84,801 35,618 80,000 80,000 80,000 80,000 80,000 (4,801) -5.7% Net Surplus / (Deficit)(99,186) (56,344) (30,992) 15,543 (75,000) (75,000) (75,000) (75,000) (75,000) Beginning Cash Balance 658,407 559,543 503,531 503,531 472,539 397,539 322,539 247,539 172,539 Cash Adjustments(98,864) (56,012) - - - - - - - Ending Cash Balance 559,543 503,531 472,539 519,074 397,539 322,539 247,539 172,539 97,539 Cash Reserves Target- - - - - - - - - 0.00% Explain Significant Revenue and Expenditure Changes Below: Sale finalized in 2016 and new owner beginning construction of new hotel on site. City continues to have responsibility for air conditioning unit repairs through the first 3 years after opening of the hotel. Fund is used to fund repairs and maintenance of the building and infrastructure components at the City-owned College Football Hall of Fame building. Fund received revenue transfers of professional sports development are (PSDA) taxes from Fund 377 of $200,000 per year through 2010 while Hall was open. Transfers have stopped and monies used to keep utilities on, etc. while we sought buyer for the property. Official transfer of property to occur in August 2016 after which utilities will be responsibility of new owner. City has responsibility for air conditioning unit repairs for the first 3 years after opening of the hotel. Note: There is no cash reserve requirement for this fund. 50 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue HALLOFFAMECAPITAL677-0000-361.00-00INTERESTEARNINGS 1,8233,1122,0005,1002,6912,4535,000------------------------------------------------------------------------------------ * 1,8233,1122,0005,1002,6912,4535,000 677-0000-391.05-00PROPERTYSALES 0 0 048,70948,70948,709 0------------------------------------------------------------------------------------ * 0 0 048,70948,70948,709 0------------------------------------------------------------------------------------ **HALLOFFAMECAPITAL 1,8233,1122,00053,80951,40051,1615,000------------------------------------------------------------------------------------ ***HALLOFFAMECAPITAL 1,8233,1122,00053,80951,40051,1615,000 51 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures HALLOFFAMECAPITAL677-0414-645.22-24OTHEROPERATINGSUPPLIES 419 01,0001,000 0 0 0------------------------------------------------------------------------------------ *SUPPLIES 419 01,0001,000 0 0 0 677-0414-645.31-01LEGALSERVICES 0 314 0 0 0 0 0 677-0414-645.34-02LIABILITYINSURANCE 6,3126,5645,8015,8013,3812,898 0 677-0414-645.35-01ELECTRIC 23,85027,0987,00023,09211,5849,520 0 677-0414-645.35-02GAS 14,48612,0675,00023,9085,2885,245 0 677-0414-645.35-04WATER 4,2042,5251,0005,0002,9972,623 0 677-0414-645.36-01BUILDINGS 51,73810,88865,00026,00015,33215,33280,000------------------------------------------------------------------------------------ *OTHERSERVICES&CHARGES 100,59059,45683,80183,80138,58235,61880,000------------------------------------------------------------------------------------ **FOOTBALLHALLOFFAME 101,00959,45684,80184,80138,58235,61880,000------------------------------------------------------------------------------------ ***HALLOFFAMECAPITAL 101,00959,45684,80184,80138,58235,61880,000 52 City of South Bend, Indiana 2017 Budget South Bend Redevelopment Authority - 752 Fund Summary - Operating and Capital Budget 2016 2017 Budget 2014 2015 Amended 30-Jun Proposed Forecast Variance% Description Actual Actual Budget Actual Budget 2018 2019 2020 2021 2016-2017 Change REVENUES Property Taxes- - - - - - - - - - - Local Income Taxes- - - - - - - - - - - Other Taxes- - - - - - - - - - - Grants/Intergovernmental- - - - - - - - - - - Charges for Services- - - - - - - - - - - Interfund Allocations- - - - - - - - - - - Fines & Forfeitures- - - - - - - - - - - Donations- - - - - - - - - - - Other Income- - - - 2,000 2,000 2,000 2,000 2,000 2,000 - Transfers In- - - - 3,866,169 3,858,000 2,698,000 2,698,000 2,698,000 3,866,169 - Total Revenue- - - - 3,868,169 3,860,000 2,700,000 2,700,000 2,700,000 3,868,169 - EXPENDITURES BY PROGRAM 1 Debt Service Payments 3,868,169 3,860,000 2,700,000 2,700,000 2,700,000 3,868,169 - 2- - 3- - 4- - 5- - 6- - 7- - 8- - 9- - 10- - 3,868,169 3,860,000 2,700,000 2,700,000 2,700,000 EXPENDITURES BY TYPE Personnel Salaries & Wages- - - - - - - - - - - Fringe Benefits- - - - - - - - - - - Total Personnel- - - - - - - - - - - Supplies- - - - - - - - - - - Services & Charges Professional Services - - - - - - - - - - - Printing & Advertising - - - - - - - - - - - Utilities- - - - - - - - - - - Education & Training- - - - - - - - - - - Travel- - - - - - - - - - - Repairs & Maintenance- - - - - - - - - - - Payment In Lieu of Taxes- - - - - - - - - - - Other Interfund Allocations- - - - - - - - - - - Debt Service: Principal- - - - 2,605,000 2,610,000 1,500,000 1,550,000 1,600,000 2,605,000 - Interest & Fees- - - - 1,263,169 1,250,000 1,200,000 1,150,000 1,100,000 1,263,169 - Grants & Subsidies- - - - - - - - - - - Transfers Out- - - - - - - - - - - Other Services & Charges - - - - - - - - - - - Total Services & Charges- - - - 3,868,169 3,860,000 2,700,000 2,700,000 2,700,000 3,868,169 - Capital- - - - - - - - - - - Total Expenditures by Type- - - - 3,868,169 3,860,000 2,700,000 2,700,000 2,700,000 3,868,169 - Net Surplus / (Deficit)- - - - - - - - - Beginning Cash Balance- - - - - 1,200,000 1,200,000 1,200,000 1,200,000 Cash Adjustments- - - - 1,200,000 - - - - Ending Cash Balance- - - - 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 Cash Reserves Target- - - - - - - - - 0.00% Explain Significant Revenue and Expenditure Changes Below: The South Bend Redevelopment Authority Funds records debt service payments received by the City that are passed through to the paying agent bank and the bondholders per bond agreements. The South Bend Building Corporation is a separate legal entity that is recorded in the Comprehensive Annual Financial Report (CAFR). This is a new fund for 2017 that integrates this activity into the City's formal accounting system. 53 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue SBREDEVELOPMENTAUTH752-0000-361.00-00INTERESTEARNINGS 0 0 0 0 0 02,000 LEVELTEXT TEXTAMT 02INTERESTEARNEDONESCROWACCOUNTS 2,0002,000 ------------------------------------------------------------------------------------ * 0000002,000 752-0000-392.00-00INTERFUNDOPER.TRANSFER 0 0 0 0 0 03,866,169 LEVELTEXT TEXTAMT 02CITYCONTRIBUTIONSDEBTSERVICEPAYMENTSTOESCROW3,866,1693,866,169 ------------------------------------------------------------------------------------ * 0 0 0 0 0 03,866,169------------------------------------------------------------------------------------ **SBREDEVELOPMENTAUTH 0 0 0 0 0 03,868,169------------------------------------------------------------------------------------ ***SBREDEVELOPMENTAUTH 0 0 0 0 0 03,868,169 54 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures SBREDEVELOPMENTAUTH752-0000-472.38-01PRINCIPAL 0 0 0 0 0 02,605,000 LEVELTEXT TEXTAMT 02DEBTSERVICEPRINCIPALPAIDBYESCROW:2009MORRISPACREFUNDING#11 515,000 2011CENTURYCENTERREFUNDING#7 475,000 2013CENTURYCENTERREFUNDING#62 300,000 2015EDDYSTREETCOMMONSREFUNDING#54 1,315,0002,605,000 752-0000-472.38-02INTEREST 0 0 0 0 0 01,261,169 LEVELTEXT TEXTAMT 02DEBTSERVICEINTERESTPAIDBYESCROW:2009MORRISPACREFUNDING#11 10,300 2011CENTURYCENTERREFUNDING#7 16,875 2013CENTURYCENTERREFUNDING#62 85,813 2015EDDYSTREETCOMMONSREFUNDING#54 1,148,1811,261,169 752-0000-472.38-03PAYINGAGENTFEES 0 0 0 0 0 02,000 LEVELTEXT TEXTAMT 02PAYINGAGENTFEESPAIDBYESCROW 2,0002,000 ------------------------------------------------------------------------------------ *OTHERSERVICES&CHARGES 0 0 0 0 0 03,868,169------------------------------------------------------------------------------------ **SBREDEVELOPMENTAUTH 0 0 0 0 0 03,868,169------------------------------------------------------------------------------------ ***SBREDEVELOPMENTAUTH 0 0 0 0 0 03,868,169 55 City of South Bend, Indiana 2017 Budget Smart Streets Bond Capital - 753 Fund Summary - Operating and Capital Budget 2016 2017 Budget 2014 2015 Amended 30-Jun Proposed Forecast Variance% Description Actual Actual Budget Actual Budget 2018 2019 2020 2021 2016-2017 Change REVENUES Property Taxes- - - - - - - - - - - Local Income Taxes- - - - - - - - - - - Other Taxes- - - - - - - - - - - Grants/Intergovernmental- - - - - - - - - - - Charges for Services- - - - - - - - - - - Interfund Allocations- - - - - - - - - - - Fines & Forfeitures- - - - - - - - - - - Donations- - - - - - - - - - - Other Income- - - - 17,000 - - - - 17,000 - Transfers In- - - - - - - - - - - Total Revenue- - - - 17,000 - - - - 17,000 - EXPENDITURES BY PROGRAM 1 Redevelopment Project Management & Implementation 15,000,000 15,000,000 - 2- - 3- - 4- - 5- - 6- - 7- - 8- - 9- - 10- - 15,000,000 - - - - EXPENDITURES BY TYPE Personnel Salaries & Wages- - - - - - - - - - - Fringe Benefits- - - - - - - - - - - Total Personnel- - - - - - - - - - - Supplies- - - - - - - - - - - Services & Charges Professional Services - - - - - - - - - - - Printing & Advertising - - - - - - - - - - - Utilities- - - - - - - - - - - Education & Training- - - - - - - - - - - Travel- - - - - - - - - - - Repairs & Maintenance- - - - - - - - - - - Payment In Lieu of Taxes- - - - - - - - - - - Other Interfund Allocations- - - - - - - - - - - Debt Service: Principal- - - - - - - - - - - Interest & Fees- - - - - - - - - - - Grants & Subsidies- - - - - - - - - - - Transfers Out- - - - - - - - - - - Other Services & Charges - - - - - - - - - - - Total Services & Charges- - - - - - - - - - - Capital- - - - 15,000,000 - - - - 15,000,000 - Total Expenditures by Type- - - - 15,000,000 - - - - 15,000,000 - Net Surplus / (Deficit)- - - - (14,983,000) - - - - Beginning Cash Balance- - - - - - - - - Cash Adjustments- - - - 14,983,000 - - - - Ending Cash Balance- - - - - - - - - Cash Reserves Target 0.00% Explain Significant Revenue and Expenditure Changes Below: The purpose of the Smart Streets Bond Capital Fund 753 is to account for the remaining expenditures from the bond issued in 2015 in the amount of $25,000,000. 56 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue SMARTSTREETBONDCAP753-1001-361.00-00INTERESTEARNINGS 0 0 0 0 0 017,000------------------------------------------------------------------------------------ * 00000017,000------------------------------------------------------------------------------------ **NEIGHBORHOODENGAGEMENT 0 0 0 0 0 017,000------------------------------------------------------------------------------------ ***SMARTSTREETBONDCAP 0 0 0 0 0 017,000 57 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures SMARTSTREETBONDCAP753-1001-460.42-01LANDIMPROVEMENTS 0 0 0 0 0 015,000,000------------------------------------------------------------------------------------ *CAPITAL 0 0 0 0 0 015,000,000------------------------------------------------------------------------------------ **NEIGHBORHOODENGAGEMENT 0 0 0 0 0 015,000,000------------------------------------------------------------------------------------ ***SMARTSTREETBONDCAP 0 0 0 0 0 015,000,000 58 City of South Bend, Indiana 2017 Budget Smart Streets Debt Service - 756 Fund Summary - Operating and Capital Budget 2016 2017 Budget 2014 2015 Amended 30-Jun Proposed Forecast Variance% Description Actual Actual Budget Actual Budget 2018 2019 2020 2021 2016-2017 Change REVENUES Property Taxes- - - - - - - - - - - Local Income Taxes- - - - - - - - - - - Other Taxes- - - - - - - - - - - Grants/Intergovernmental- - - - - - - - - - - Charges for Services- - - - - - - - - - - Interfund Allocations- - - - - - - - - - - Fines & Forfeitures- - - - - - - - - - - Donations- - - - - - - - - - - Other Income- - - - 1,000 1,000 1,000 1,000 1,000 1,000 - Transfers In- - - - 854,784 1,707,794 1,709,369 1,710,043 1,709,819 854,784 - Total Revenue- - - - 855,784 1,708,794 1,710,369 1,711,043 1,710,819 855,784 - EXPENDITURES BY PROGRAM 1 Debt Service 855,784 1,708,794 1,710,369 1,711,043 1,710,819 855,784 - 2- - 3- - 4- - 5- - 6- - 7- - 8- - 9- - 10- - 855,784 1,708,794 1,710,369 1,711,043 1,710,819 EXPENDITURES BY TYPE Personnel Salaries & Wages- - - - - - - - - - - Fringe Benefits- - - - - - - - - - - Total Personnel- - - - - - - - - - - Supplies- - - - - - - - - - - Services & Charges Professional Services - - - - - - - - - - - Printing & Advertising - - - - - - - - - - - Utilities- - - - - - - - - - - Education & Training- - - - - - - - - - - Travel- - - - - - - - - - - Repairs & Maintenance- - - - - - - - - - - Payment In Lieu of Taxes- - - - - - - - - - - Other Interfund Allocations- - - - - - - - - - - Debt Service: Principal- - - - 460,000 940,000 970,000 1,000,000 1,030,000 460,000 - Interest & Fees- - - - 395,784 768,794 740,369 711,043 680,819 395,784 - Grants & Subsidies- - - - - - - - - - - Transfers Out- - - - - - - - - - - Other Services & Charges - - - - - - - - - - - Total Services & Charges- - - - 855,784 1,708,794 1,710,369 1,711,043 1,710,819 855,784 - Capital- - - - - - - - - - - Total Expenditures by Type- - - - 855,784 1,708,794 1,710,369 1,711,043 1,710,819 855,784 - Net Surplus / (Deficit)- - - - - - - - - Beginning Cash Balance- - - - - 2,100,000 2,100,000 2,100,000 2,100,000 Cash Adjustments- - - - 2,100,000 - - - - Ending Cash Balance- - - - 2,100,000 2,100,000 2,100,000 2,100,000 2,100,000 Cash Reserves Target- - - - - - - - - 0.00% Explain Significant Revenue and Expenditure Changes Below: The Smart Streets Debt Service Fund records debt service payments made on the 2015 Smart Streets bond that had a par amount of $25,000,000. The final payment is due February 1, 2037. City lease rental payments are received from the River West TIF Fund 324. The smarts streets projected converted a number of downtown streets from one-way to two-way traffic and added amenities such as larger sidewalks, bicycle lanes, street trees to increase the attractiveness and economic vitality of the downtown area. 59 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue SMARTSSTREETSDEBTSVC756-1001-361.00-00INTERESTEARNINGS 0 0 0 0 0 01,000 LEVELTEXT TEXTAMT 02ESTIMATEDINTERESTEARNINGSONESCROW 1,0001,000 ------------------------------------------------------------------------------------ * 0000001,000 756-1001-392.00-00INTERFUNDOPER.TRANSFER 0 0 0 0 0 0854,784 LEVELTEXT TEXTAMT 02CITYCONTRIBUTIONSFORDEBTSERVICE 854,784854,784 ------------------------------------------------------------------------------------ * 0 0 0 0 0 0854,784------------------------------------------------------------------------------------ **NEIGHBORHOODENGAGEMENT 0 0 0 0 0 0855,784------------------------------------------------------------------------------------ ***SMARTSSTREETSDEBTSVC 0 0 0 0 0 0855,784 60 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures SMARTSSTREETSDEBTSVC756-1001-460.37-11CAPITALLEASEPRINCIPAL 0 0 0 0 0 0460,000 LEVELTEXT TEXTAMT 02DEBTSERVICEPRINCIPALPAYMENTSTHROUGHESCROW2015SMARTSSTREETSBOND#135 460,000460,000 756-1001-460.37-12CAPITALLEASEINTEREST 0 0 0 0 0 0394,784 LEVELTEXT TEXTAMT 02DEBTSERVICEINTERESTPAIDTHROUGHESCROW:2015SMARTSTREETSBOND#135 394,784394,784 756-1001-460.38-03PAYINGAGENTFEES 0 0 0 0 0 01,000 LEVELTEXT TEXTAMT 02PAYINGAGENTFEES 1,0001,000 ------------------------------------------------------------------------------------ *OTHERSERVICES&CHARGES 0 0 0 0 0 0855,784------------------------------------------------------------------------------------ **NEIGHBORHOODENGAGEMENT 0 0 0 0 0 0855,784------------------------------------------------------------------------------------ ***SMARTSSTREETSDEBTSVC 0 0 0 0 0 0855,784 61 City of South Bend, Indiana 2017 Budget Erskine Village Debt Service - 758 Fund Summary - Operating and Capital Budget 2016 2017 Budget 2014 2015 Amended 30-Jun Proposed Forecast Variance% Description Actual Actual Budget Actual Budget 2018 2019 2020 2021 2016-2017 Change REVENUES Property Taxes- - - - - - - - - - - Local Income Taxes- - - - - - - - - - - Other Taxes- - - - - - - - - - - Grants/Intergovernmental- - - - - - - - - - - Charges for Services- - - - - - - - - - - Interfund Allocations- - - - - - - - - - - Fines & Forfeitures- - - - - - - - - - - Donations- - - - - - - - - - - Other Income- - - - - - - - - - - Transfers In- - - - 3,960,668 - - - - 3,960,668 - Total Revenue- - - - 3,960,668 - - - - 3,960,668 - EXPENDITURES BY PROGRAM 1- - 2- - 3- - 4- - 5- - 6- - 7- - 8- - 9- - 10- - - - - - - EXPENDITURES BY TYPE Personnel Salaries & Wages- - - - - - - - - - - Fringe Benefits- - - - - - - - - - - Total Personnel- - - - - - - - - - - Supplies- - - - - - - - - - - Services & Charges Professional Services - - - - - - - - - - - Printing & Advertising - - - - - - - - - - - Utilities- - - - - - - - - - - Education & Training- - - - - - - - - - - Travel- - - - - - - - - - - Repairs & Maintenance- - - - - - - - - - - Payment In Lieu of Taxes- - - - - - - - - - - Other Interfund Allocations- - - - - - - - - - - Debt Service: Principal- - - - 3,800,000 - - - - 3,800,000 - Interest & Fees- - - - 160,668 - - - - 160,668 - Grants & Subsidies- - - - - - - - - - - Transfers Out- - - - 561,000 - - - - 561,000 - Other Services & Charges - - - - - - - - - - - Total Services & Charges- - - - 4,521,668 - - - - 4,521,668 - Capital- - - - - - - - - - - Total Expenditures by Type- - - - 4,521,668 - - - - 4,521,668 - Net Surplus / (Deficit)- - - - (561,000) - - - - Beginning Cash Balance- - - - 561,000 - - - - Cash Adjustments- - - - - - - - - Ending Cash Balance- - - - - - - - - Cash Reserves Target- - - - - - - - - 0.00% Explain Significant Revenue and Expenditure Changes Below: Payoff of 2005 Erskine Village Developer Bond in 2017. Sufficient tax increment financing revenue is available to pay the bonds early. Plan to close out the fund in 2017.C12 62 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue ERSKINEVILLAGEDEBTSVC758-1001-392.00-00INTERFUNDOPER.TRANSFER 0 0 0 0 0 03,960,668 LEVELTEXT TEXTAMT 02CITYPAYOFFOF2005ERSKINEVILLAGEDEVELOPERBOND3,960,668FUND432#22 3,960,668 ------------------------------------------------------------------------------------ * 0 0 0 0 0 03,960,668------------------------------------------------------------------------------------ **NEIGHBORHOODENGAGEMENT 0 0 0 0 0 03,960,668------------------------------------------------------------------------------------ ***ERSKINEVILLAGEDEBTSVC 0 0 0 0 0 03,960,668 63 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures ERSKINEVILLAGEDEBTSVC758-1001-460.37-11CAPITALLEASEPRINCIPAL 0 0 0 0 0 03,800,000 LEVELTEXT TEXTAMT 02PAYOFFOF2005ERSKINEVILLAGEDEVELOPERBOND#223,800,0003,800,000 758-1001-460.37-12CAPITALLEASEINTEREST 0 0 0 0 0 0160,668 LEVELTEXT TEXTAMT 02PAYOFF2005ERSKINEVILLAGEDEVELOPERBOND#22 160,668160,668 ------------------------------------------------------------------------------------ *OTHERSERVICES&CHARGES 0 0 0 0 0 03,960,668 758-1001-460.50-02INTERFUNDOPER.TRANSFER 0 0 0 0 0 0561,000 LEVELTEXT TEXTAMT 02CLOSEOUTFUNDANDTRANSFERTOAREDEVELOPMNENT 561,000 FUND-TRANSFERTOSOUTHSIDETIFASAPPROPRIATE 561,000 ------------------------------------------------------------------------------------ *OTHERUSES 0 0 0 0 0 0561,000------------------------------------------------------------------------------------ **NEIGHBORHOODENGAGEMENT 0 0 0 0 0 04,521,668------------------------------------------------------------------------------------ ***ERSKINEVILLAGEDEBTSVC 0 0 0 0 0 04,521,668 64 City of South Bend, Indiana 2017 Budget Industrial Revolving Fund - 754 Fund Summary - Operating and Capital Budget 2016 2017 Budget 2014 2015 Amended 30-Jun Proposed Forecast Variance% Description Actual Actual Budget Actual Budget 2018 2019 2020 2021 2016-2017 Change REVENUES Property Taxes- - - - - - - - - - - Local Income Taxes- - - - - - - - - - - Other Taxes- - - - - - - - - - - Grants/Intergovernmental- - - - - - - - - - - Charges for Services- - - - - - - - - - - Interfund Allocations- - - - - - - - - - - Fines & Forfeitures- - - - - - - - - - - Donations- - - - - - - - - - - Other Income- - - - 210,000 210,000 210,000 210,000 210,000 210,000 - Transfers In- - - - - - - - - - - Total Revenue- - - - 210,000 210,000 210,000 210,000 210,000 210,000 - EXPENDITURES BY PROGRAM 1 Industrial Revolving Fund Administration 157,000 157,000 157,000 157,000 157,000 157,000 - 2- - 3- - 4- - 5- - 6- - 7- - 8- - 9- - 10- - 157,000 157,000 157,000 157,000 157,000 EXPENDITURES BY TYPE Personnel Salaries & Wages- - - - - - - - - - - Fringe Benefits- - - - - - - - - - - Total Personnel- - - - - - - - - - - Supplies- - - - - - - - - - - Services & Charges Professional Services - - - - 45,000 45,000 45,000 45,000 45,000 45,000 - Printing & Advertising - - - - - - - - - - - Utilities- - - - - - - - - - - Education & Training- - - - - - - - - - - Travel- - - - - - - - - - - Repairs & Maintenance- - - - - - - - - - - Payment In Lieu of Taxes- - - - - - - - - - - Other Interfund Allocations- - - - - - - - - - - Debt Service: Principal- - - - - - - - - - - Interest & Fees- - - - 15,000 15,000 15,000 15,000 15,000 15,000 - Grants & Subsidies- - - - - - - - - - - Transfers Out- - - - - - - - - - - Other Services & Charges - - - - 97,000 97,000 97,000 97,000 97,000 97,000 - Total Services & Charges- - - - 157,000 157,000 157,000 157,000 157,000 157,000 - Capital- - - - - - - - - - - Total Expenditures by Type- - - - 157,000 157,000 157,000 157,000 157,000 157,000 - Net Surplus / (Deficit)- - - - 53,000 53,000 53,000 53,000 53,000 Beginning Cash Balance- - - - - 2,199,052 2,252,052 2,305,052 2,358,052 Cash Adjustments- - - - 2,146,052 - - - - Ending Cash Balance- - - - 2,199,052 2,252,052 2,305,052 2,358,052 2,411,052 Cash Reserves Target- - - - - - - - - 0.00% Explain Significant Revenue and Expenditure Changes Below: The Industrial Revolving Fund is a loan fund for small businesses that is governed by a separate Board of Directors which contracts with the City's Community Investment Department for administration services. The fund is reported in the City's Comprehensive Annual Financial Report (CAFR) and is being integrated into the City's budget during 2017. A City cash reserve target has not been established for the fund but it operates under federal guidelines with respect the amount of loans and cash balances that must be maintained. 65 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDEstimated ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualRevenue INDUSTRIALREVOLVINGFUND754-0000-360.00-00MISCELLANEOUSREVENUE 0 0 0 0 0 027,000------------------------------------------------------------------------------------ * 00000027,000 754-0000-361.31-11INTERESTONLOANS 0 0 0 0 0 0175,000 754-0000-361.31-12INVESTMENTGAIN/LOSS 0 0 0 0 0 08,000------------------------------------------------------------------------------------ * 0 0 0 0 0 0183,000------------------------------------------------------------------------------------ **INDUSTRIALREVOLVINGFUND 0 0 0 0 0 0210,000------------------------------------------------------------------------------------ ***INDUSTRIALREVOLVINGFUND 0 0 0 0 0 0210,000 66 2016 2016 20166/30/162017 2014 2015OriginalAmendedYTDYTDProposed ACCOUNTNUMBERACCOUNTDESCRIPTION ActualActualBudgetBudgetActualActualExpenditures INDUSTRIALREVOLVINGFUND754-0000-472.31-01LEGALSERVICES 0 0 0 0 0 045,000 754-0000-472.38-03PAYINGAGENTFEES 0 0 0 0 0 015,000 754-0000-472.39-38STAFFCONTRACTS 0 0 0 0 0 090,000 754-0000-472.39-41OTHERSERVICES 0 0 0 0 0 07,000------------------------------------------------------------------------------------ *OTHERSERVICES&CHARGES 0 0 0 0 0 0157,000------------------------------------------------------------------------------------ **INDUSTRIALREVOLVINGFUND 0 0 0 0 0 0157,000------------------------------------------------------------------------------------ ***INDUSTRIALREVOLVINGFUND 0 0 0 0 0 0157,000 67 August 29, 2016 COMMUNITY INVESTMENT •The goal of COMMUNITY INVESTMENT is to spur investment in a  stronger South Bend. •This goal can be achieved by: Attracting and retaining growing businesses Connecting residents to economic opportunities Planning for vibrant neighborhoods COMMUNITY INVESTMENT Department Vision 68 1.ATTRACTING AND RETAINING GROWING BUSINESSES •7 new economic development projects  •7expansions of current local businesses •Multiple annexations to support future commercial  development •$55M in new private investment to $6m public investment  •Leverage of $10 private for every $1 public •8 properties back into private ownership for development Community Investment 2016 Accomplishments 2. CONNECTING RESIDENTS TO ECONOMIC OPPORTUNITIES •Approximately 360 jobs announced this year from DCI assisted projects •Pathways Program (formerly SMART)  brought online with planned  expansion. Focus of effort on healthcare, advanced manufacturing, building  trades, hospitality, and commercial driver’s license certifications.    •73 individuals enrolled •45 completed training  •34 hired •34 placements with an average hourly wage of $13.00 Community Investment 2016 Accomplishments 69 3. Planning for Vibrant Neighborhoods  •Ground‐breaking/Construction •LaSalle Hotel  •Hill & Colfax  •SB Mutual Homes •New Community Based Plans •SE Area Plan •Cemetery Plan •Smart Streets Implementation •Main and Michigan/St. Joseph 2‐Way •Adopted Complete Streets Policy –ranked 3rd in U.S. •West Side Main Streets Revitalization Plan •Completion of curb, sidewalks, lighting, striping, and signal  improvements  •Façade grants (1 awarded, 9in process) •Ambassador Program •Vacant & Abandoned Housing Initiative  •Resident Legal Assistance Program •V2V Repair Matching Grant Landlord Program •Other Studies •Coal Line Planning •Brownfields Inventory Community Investment  2016 Accomplishments COMMUNITY INVESTMENT Overall Budget Summary 2017 The Department of Community Investment has oversight responsibilities for several  funds (or portions of funds), totaling approximately $88M in 2017 appropriation. Overall budgetary savings of approximately $1.4m* $2,571,309 for department administration $3,590,855 for various grants from outside sources $53,786,461 from redevelopment funds $23,841,611 from various trustee funds $4,541,163 from general civil city funds 70 COMMUNITY INVESTMENT Key Programs and Costs Estimated Program Program Program Name Description Cost Redevelopment Project Management& Implementation Various projects (infrastructure, design, site assembly, etc.) designed to redevelop our TIF areas 344,320 Vacant & Abandoned Properties addressed to stabilize neighborhoods Demolition,housing rehab, sale/transfer of land and other creative approaches to eliminate the threat of vacant properties on our neighborhoods 71,177 TIF –Business Incentives Working with new and expanding businesses to assist in locating/expanding in our most distressed commercial areas 320,134 Community Plans Development With input from residents, developing plans to stabilize and grow our entire community 74,684 1.Attracting and Retaining Growing Businesses •Press the momentum  •Implement a revised incentive strategy that focuses on key aspects of  development and maintains consistency of City investment in projects •Enhance partnerships with anchor institutions •Further streamline process to start a business •Identify and reduce barriers to small business growth 2.Connecting Residents to Economic Opportunities •Equitable Development  •Recruitment to Workforce Programs •Identify main barriers to labor force participation and work to fill that gap 3.Planning for Vibrant Neighborhoods  •Utilize TIF dollars to improve quality of place and city infrastructure •Maintain City owned Properties •Partner with Mayor’s Office and Council to establish plan for neighborhoods •Explore synergies among housing, education, and transportation policies •Smart Streets Community Investment 2017 Goals & Challenges 71 COMMUNITY INVESTMENT Overall Staffing Changes •Two positions are being transferred to the  Controller’s Office:  Director I and one of the  Associate IIs •We are requesting one promotion from Analyst I to  Analyst II 72