HomeMy WebLinkAbout02-2017 Controller's Monthly Cash ReportPeriod Ending:
Issued By:
City of South Bend
Controller's Cash Report
Tab Page Contents
Overview 2 Overview of Controller's Cash Report
Controller Cash 3-5 Controller's Cash Report
Cash 6 Bank Account Cash Balances
Distribution
Mayor Pete Buttigieg
Chief of Staff James Mueller
Deputy Chief of Staff Suzanna Fritzberg
City Controller John Murphy
Deputy City Controller Jennifer Hockenhull
City Finance Director Rahman Johnson
Sr. Budget Analyst Amy O' Connor
South Bend City Council Members
Department Heads
City Fiscal Officers
February 2017
Controller
2017 February. controllers cash report Page 1 of 6
CONTROLLER’S CASH REPORT
OVERVIEW:
The Controller’s Cash Report is a monthly summary of cash and investment transactions within the current
period by Fund. It summarizes the cash received, interest earned, cash disbursed and cash transferred between
Funds within the City of South Bend as well as any loans among/between Funds. The report provides a month-
end view of the City’s cash balance in the reporting period.
The City’s management team is responsible for establishing and maintaining an internal control structure
designed to ensure that the assets of the City are protected from loss, theft or misuse and to ensure that adequate
accounting data is compiled to allow for the preparation of financial statements in conformity with generally
accepted accounting principles.
February 2017 HIGHLIGHTS:
Total City Funds (pg. 4): February 2017 beginning cash balance of $182,496,331 and ending cash balance of
$182,196,643 represents a decrease in cash of ~$300,000. Compared to February 2016, beginning cash balance
of $161,655,926 and ending cash balance of $160,325,038 represents a decrease in cash of approximately $1.3
million. In comparison, there is an increase y-o-y (year over year) of ~ $14.2 million in revenue. Last month, the
City has included various funds that are held with trustees for certain projects. Funds 750, 751,753,755, and 757
have been added to the Controller’s Report for a total of ~$14.8 million.
Total Redevelopment Commission Funds (pg.5): February 2017 beginning cash balance of $54,709,591 and
ending cash balance of $60,693,512 represents an increase in cash of ~$5.9 million. Compared to February 2016
beginning cash balance of $55,690,681 and ending cash balance of $53,548,676 represents a decrease in cash of
~$2.1 million. In comparison, there is decrease y-o-y (year over year) in expenditures of ~ $1.4 million as well
as in increase in revenue. Decrease in expenditures can be seen in fund 324 (TIF River West – Airport). Last
year at this time, $1.44 million was spent on various projects. Increase in revenue due to fund 754 (Industrial
Revolving) being added to Controller’s Report for a total of ~$2.4 million. This fund is held with trustees for
certain projects.
Fund 101 (General Fund): February 2017 actual receipts were $1,358,432 vs. prior year actual receipts of
$1,108,408. The largest receipt this month was in the amount of $192,238 from Comcast for the 4th quarter
franchise fee.
Fund 201 (Parks & Recreation): February 2017 actual receipts were $365,885 vs. prior year actual receipts of
$102,493. Disbursements are consistent with normal operating costs. Due to unusual warm weather, the golf
courses experienced a high volume of golfers.
Fund 313 (Hall of Fame): Negative cash balance reflects a debt service payment of $635,000 made this month.
Revenue will increase when property taxes are received in June 2017.
Fund 611 (Solid Waste Capital): This fund has a negative balance due to timing of transfer of funds. This will
correct itself next month.
Fund 701 and 702 (Fire and Police Pension): These funds have a negative balance as a result of monthly
pension payments made to firemen and policemen hired prior to May 1, 1977. Revenue will increase once the
mandatory state pension relief distribution is received in June 2017.
For February 2017, cash interest received was $166,771 compared to $78,486 in February 2016.
Please Contact City Controller John Murphy at (574) 235-7678 with any questions.
2017 February. controllers cash report - Overview
Page 2 of 6
City of South Bend Month of:February 2017
Controller's Cash Report
Opening Interest Transfers Transfers Ending Total Cash &Interfund Loans
Fund Fund Name Cash Balance Receipts Disbursements Earned In Out Cash Balance Investments Investments(Borrowing)
City Controlled Funds
General Fund
101 GENERAL FUND $31,115,615.89$1,358,432.65$4,274,014.26$19,174.09$0.00$0.00$28,219,208.37$0.00$28,219,208.37$482,453.75
Special Revenue Funds
102 RAINY DAY FUND 10,192,016.60 0.00 0.00 7,773.48 0.00 0.00 10,199,790.08 0.00 10,199,790.08 0.00
103 EXCESS LEVY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
201 PARKS & RECREATION 3,390,260.67 365,885.01 793,717.04 2,822.13 100,000.00 0.00 3,065,250.77 0.00 3,065,250.77 0.00
202 MOTOR VEHICLE HIGHWAY 5,568,755.57 228,867.14 689,714.21 4,478.03 991,243.50 0.00 6,103,630.03 0.00 6,103,630.03 0.00
203 RECREATION - NONREVERTING 842,644.76 72,301.22 49,875.39 659.65 0.00 0.00 865,730.24 0.00 865,730.24 0.00
209 STUDEBAKER/OLIVER REVERTING GRANTS 843,023.01 0.00 37,989.78 626.12 0.00 0.00 805,659.35 0.00 805,659.35 400,000.00
210 DEPT COMMUNITY INVESTMENT STATE GRANTS 351,236.83 0.00 0.00 267.87 0.00 0.00 351,504.70 0.00 351,504.70 0.00
211 DCI OPERATING FUND 1,176,011.34 12,526.50 171,371.04 934.21 380,668.25 0.00 1,398,769.26 0.00 1,398,769.26 0.00
212 DEPARTMENT OF COMMUNITY INVESTMENT 242,585.84 201,626.42 199,940.27 90.03 0.00 0.00 244,362.02 0.00 244,362.02 0.00
216 POLICE STATE SEIZURES 227,881.72 2,962.18 0.00 173.54 0.00 0.00 231,017.44 0.00 231,017.44 0.00
217 GIFT, DONATION, BEQUEST 95,673.54 1,040.00 900.00 56.89 0.00 0.00 95,870.43 0.00 95,870.43 0.00
218 POLICE CURFEW VIOLATIONS 12,572.68 25.00 0.00 9.59 0.00 0.00 12,607.27 0.00 12,607.27 0.00
219 UNSAFE BUILDING 333,683.65 7,286.17 72,418.07 0.00 144,939.25 0.00 413,491.00 0.00 413,491.00 0.00
220 LAW ENFORCEMENT CONTINUING EDUCATION 808,810.53 15,354.18 49,498.95 647.82 0.00 0.00 775,313.58 0.00 775,313.58 0.00
221 LANDLORD REGISTRATION 3,480.00 270.00 5.00 0.00 0.00 0.00 3,745.00 0.00 3,745.00 0.00
227 LOSS RECOVERY FUND 971,295.35 0.00 1,866.69 740.82 0.00 0.00 970,169.48 0.00 970,169.48 0.00
244 EMERGENCY TELEPHONE SYSTEM 33,670.74 0.00 0.00 0.00 0.00 0.00 33,670.74 0.00 33,670.74 0.00
249 PUBLIC SAFETY L.O.I.T.1,097,183.08 623,286.50 488,766.27 443.97 0.00 0.00 1,232,147.28 0.00 1,232,147.28 0.00
251 LOCAL ROADS & STREETS 2,767,261.39 86,350.77 40,911.16 2,148.23 0.00 0.00 2,814,849.23 0.00 2,814,849.23 0.00
252 EXCESS WELFARE DISTRIBUTION 8.07 0.00 0.00 0.00 0.00 0.00 8.07 0.00 8.07 0.00
257 LOIT 2016 SPECIAL DISTRIBUTION 4,003,706.00 0.00 3,330.59 6,604.68 0.00 0.00 4,006,980.09 0.00 4,006,980.09 0.00
258 HUMAN RIGHTS - FEDERAL GRANT 554,462.35 4,493.30 72,507.54 296.21 0.00 0.00 486,744.32 69,315.05 556,059.37 0.00
265 LOCAL ROAD & BRIDGE GRANT 0.00 1,000,000.00 0.00 0.00 0.00 0.00 1,000,000.00 0.00 1,000,000.00 0.00
271 EASTRACE WATERWAY 1,348.25 0.00 0.00 1.03 0.00 0.00 1,349.28 0.00 1,349.28 0.00
273 MORRIS PAC/PALAIS ROYALE MARKETING 44,324.04 550.00 0.00 32.45 0.00 0.00 44,906.49 0.00 44,906.49 0.00
280 POLICE BLOCK GRANTS 3,888.33 0.00 0.00 2.97 0.00 0.00 3,891.30 0.00 3,891.30 0.00
281 DEPT. COMMUNITY INVESTMENT - REV BONDS 27,633.02 0.00 0.00 21.08 0.00 0.00 27,654.10 0.00 27,654.10 0.00
289 HAZMAT 26,793.51 0.00 685.00 20.43 0.00 0.00 26,128.94 0.00 26,128.94 0.00
291 INDIANA RIVER RESCUE 140,691.39 16,200.00 230.80 106.73 0.00 0.00 156,767.32 0.00 156,767.32 0.00
292 POLICE GRANTS 73,832.30 0.00 1,266.00 0.00 0.00 0.00 72,566.30 0.00 72,566.30 0.00
294 REGIONAL POLICE ACADEMY 81,368.84 4,500.00 283.14 61.37 0.00 0.00 85,647.07 0.00 85,647.07 0.00
295 COPS MORE GRANT 227,678.47 36,155.20 3,496.00 176.46 0.00 0.00 260,514.13 0.00 260,514.13 0.00
299 POLICE FEDERAL DRUG ENFORCEMENT 226,207.19 0.00 34,337.41 162.07 0.00 0.00 192,031.85 0.00 192,031.85 0.00
404 COUNTY OPTION INCOME TAX 8,669,216.87 872,525.42 513,580.00 6,753.40 0.00 773,057.75 8,261,857.94 0.00 8,261,857.94 1,320,896.00
408 ECONOMIC DEVELOPMENT INCOME TAX 11,685,515.89 1,244,003.50 454,760.71 8,438.89 735,235.65 1,651,874.00 11,566,559.22 0.00 11,566,559.22 0.00
410 URBAN DEVELOPMENT ACTION GRANT (UDAG)562,219.85 0.00 0.00 415.69 0.00 0.00 562,635.54 0.00 562,635.54(1,320,896.00)
655 PROJECT RELEAF 897,122.63 33,949.72 2,720.80 698.38 0.00 87,500.00 841,549.93 0.00 841,549.93 0.00
705 POLICE K-9 UNIT 2,860.43 0.00 0.00 2.18 0.00 0.00 2,862.61 0.00 2,862.61 0.00
Total Special Revenue Funds 56,186,924.73 4,830,158.23 3,684,171.86 45,666.40 2,352,086.65 2,512,431.75 57,218,232.40 69,315.05 57,287,547.45 400,000.00
Debt Service Fund
313 HALL OF FAME DEBT SERVICE (342,155.92)0.00 0.00 5.74 0.00 0.00(342,150.18)0.00(342,150.18)0.00
755 SB BUILDING CORPORATION 762,088.60 0.00 0.00 36.17 1,326,750.00 0.00 2,088,874.77 0.00 2,088,874.77 0.00
757 PARKS BOND DEBT SERVICE 561,942.94 0.00 0.00 82.26 65,080.21 0.00 627,105.41 0.00 627,105.41
Capital Project Funds
377 PROFESSIONAL SPORTS DEVELOPMENT 10,184.57 0.00 800.00 318.41 0.00 0.00 9,702.98 0.00 9,702.98 0.00
401 COVELESKI STADIUM CAPITAL 90,602.45 0.00 0.00 69.11 0.00 0.00 90,671.56 0.00 90,671.56 0.00
2017 February. c ontrollers cash report - Controllers Cas h Report Page 3 of 6
City of South Bend Month of:February 2017
Controller's Cash Report
Opening Interest Transfers Transfers Ending Total Cash &Interfund Loans
Fund Fund Name Cash Balance Receipts Disbursements Earned In Out Cash Balance Investments Investments(Borrowing)
403 ZOO ENDOWMENT 49,935.56 0.00 0.00 38.08 0.00 0.00 49,973.64 0.00 49,973.64 0.00
405 PARK NONREVERTING CAPITAL 269,400.91 80.00 17,250.51 93.95 0.00 0.00 252,324.35 0.00 252,324.35 0.00
406 CUMULATIVE CAPITAL DEVELOPMENT 468,020.24 0.00 27,895.75 436.42 0.00 0.00 440,560.91 0.00 440,560.91 0.00
407 CUMULATIVE CAPITAL IMPROVEMENT 343,386.53 0.00 0.00 294.39 0.00 0.00 343,680.92 0.00 343,680.92 0.00
412 MAJOR MOVES CONSTRUCTION 2,365,321.42 596,589.00 0.00 1,803.99 0.00 0.00 2,963,714.41 0.00 2,963,714.41 3,554,509.06
416 MORRIS PERFORMING ARTS CENTER CAPITAL 589,860.64 12,214.00 0.00 450.00 0.00 0.00 602,524.64 0.00 602,524.64 0.00
434 CRED FUND 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
450 PALAIS ROYALE HISTORIC PRESERVATION 94,817.57 113.70 0.00 73.10 0.00 0.00 95,004.37 0.00 95,004.37 0.00
677 HALL OF FAME CAPITAL FUND 492,324.84 0.00 10,248.90 377.81 0.00 0.00 482,453.75 0.00 482,453.75(482,453.75)
Total Capital & Debt Service Funds 5,755,730.35 608,996.70 56,195.16 4,079.43 1,391,830.21 0.00 7,704,441.53 0.00 7,704,441.53 3,072,055.31
Enterprise Funds
287 EMS CAPITAL 3,396,467.81 1,798,417.20 150,604.00 2,756.98 0.00 0.00 5,047,037.99 0.00 5,047,037.99 0.00
288 EMS OPERATING 1,498,671.46 579,568.66 398,363.60 1,201.03 0.00 0.00 1,681,077.55 0.00 1,681,077.55 0.00
600 CONSOLIDATED BUILDING DEPARTMENT 2,424,859.52 98,787.81 254,285.88 1,930.69 541,829.00 0.00 2,813,121.14 0.00 2,813,121.14 0.00
601 PARKING GARAGES 1,040,568.65 77,730.00 54,648.35 723.19 0.00 0.00 1,064,373.49 0.00 1,064,373.49(31,191.33)
610 SOLID WASTE OPERATIONS 168,631.92 419,836.53 302,748.25 249.75 0.00 0.00 285,969.95 0.00 285,969.95 0.00
611 SOLID WASTE CAPITAL 49,724.35 0.00 146,711.51 240.22 0.00 0.00(96,746.94)0.00(96,746.94)0.00
620 WATER WORKS OPERATIONS 3,423,771.68 1,200,363.61 1,311,175.43 2,069.39 3,358.38 164,000.00 3,154,387.63 0.00 3,154,387.63 0.00
622 WATER WORKS CAPITAL 2,477,519.35 0.00 177,777.00 1,950.32 0.00 0.00 2,301,692.67 0.00 2,301,692.67 0.00
624 WATER WORKS CUSTOMER DEPOSIT 1,540,316.65 4,262.37 12,091.94 1,174.27 0.00 1,174.27 1,532,487.08 0.00 1,532,487.08 0.00
625 WATER WORKS SINKING FUND 214,166.72 0.00 0.00 289.45 164,000.00 289.45 378,166.72 0.00 378,166.72 0.00
626 WATER WORKS BOND RESERVE 1,428,518.63 0.00 0.00 1,072.84 0.00 0.00 1,429,591.47 0.00 1,429,591.47 0.00
629 WATER WORKS RESERVE - O & M 2,613,999.68 0.00 0.00 1,894.66 0.00 1,894.66 2,613,999.68 0.00 2,613,999.68 0.00
640 SEWER REPAIR INSURANCE 1,795,516.88 49,921.32 69,820.83 1,376.69 0.00 0.00 1,776,994.06 0.00 1,776,994.06 0.00
641 SEWAGE WORKS OPERATIONS 13,949,630.87 2,545,400.04 2,031,907.60 11,756.37 3,534.67 0.00 14,478,414.35 0.00 14,478,414.35 0.00
642 SEWAGE WORKS CAPITAL 6,224,131.98 400,000.00 560,555.77 4,554.89 0.00 0.00 6,068,131.10 0.00 6,068,131.10 0.00
643 SEWAGE WORKS RESERVE - O & M 4,636,374.15 0.00 0.00 3,534.67 0.00 3,534.67 4,636,374.15 0.00 4,636,374.15 0.00
649 SEWAGE WORKS BOND SINKING 1,577,856.96 0.00 500.00 1,183.57 0.00 0.00 1,578,540.53 0.00 1,578,540.53 0.00
653 SEWAGE WORKS DEBT SERVICE RESERVE 4,111,632.77 0.00 0.00 955.22 0.00 0.00 4,112,587.99 0.00 4,112,587.99 0.00
659 2011 SEW ER BOND 51,718.38 0.00 0.00 39.45 0.00 0.00 51,757.83 0.00 51,757.83 0.00
661 2012 SEW ER BOND 2,885,735.34 0.00 1,500.00 2,200.91 0.00 0.00 2,886,436.25 0.00 2,886,436.25 0.00
670 CENTURY CENTER 2,084,605.70 895,523.29 1,010,365.10 0.00 0.00 0.00 1,969,763.89 0.00 1,969,763.89 0.00
671 CENTURY CENTER CAPITAL 866,060.02 0.00 0.00 66.44 0.00 0.00 866,126.46 0.00 866,126.46 0.00
672 CENTURY CENTER ENERGY SAVINGS 57,058.52 0.00 0.00 3.85 0.00 0.00 57,062.37 0.00 57,062.37 0.00
Total Enterprise Funds 58,517,537.99 8,069,810.83 6,483,055.26 41,224.85 712,722.05 170,893.05 60,687,347.41 0.00 60,687,347.41(31,191.33)
Internal Service Funds
222 CENTRAL SERVICES 1,479,368.78 957,200.18 1,048,238.15 568.97 0.00 0.00 1,388,899.78 0.00 1,388,899.78 0.00
224 CENTRAL SERVICES CAPITAL 101,670.64 0.00 2,437.00 72.43 0.00 0.00 99,306.07 0.00 99,306.07 0.00
226 LIABILITY INSURANCE 4,671,745.78 279,282.06 173,846.84 3,511.71 0.00 0.00 4,780,692.71 0.00 4,780,692.71 0.00
278 TAKE HOME VEHICLE POLICE 753,413.01 0.00 971.54 574.62 0.00 0.00 753,016.09 0.00 753,016.09 0.00
279 311 CALL CENTER 183,013.15 430,621.00 284,110.43 0.00 0.00 0.00 329,523.72 0.00 329,523.72 0.00
711 SELF-FUNDED EMPLOYEE BENEFITS 7,190,558.23 1,460,177.97 1,351,710.98 5,922.12 0.00 0.00 7,304,947.34 0.00 7,304,947.34 0.00
713 UNEMPLOYMENT COMP FUND 280,730.85 0.00 8,040.86 213.82 0.00 0.00 272,903.81 0.00 272,903.81 0.00
Total Internal Service Funds 14,660,500.44 3,127,281.21 2,869,355.80 10,863.67 0.00 0.00 14,929,289.52 0.00 14,929,289.52 0.00
Trust & Agency Funds
701 FIREFIGHTERS PENSION (220,546.97)0.00 396,509.22 83.60 0.00 0.00(616,972.59)0.00(616,972.59)0.00
702 POLICE PENSION 281,886.55 674.81 511,186.57 549.05 0.00 0.00(228,076.16)0.00(228,076.16)0.00
709 PAYROLL FUND 138.71 8,172,860.09 8,172,998.80 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2017 February. c ontrollers cash report - Controllers Cas h Report Page 4 of 6
City of South Bend Month of:February 2017
Controller's Cash Report
Opening Interest Transfers Transfers Ending Total Cash &Interfund Loans
Fund Fund Name Cash Balance Receipts Disbursements Earned In Out Cash Balance Investments Investments(Borrowing)
718 STATE TAX DEDUCTION FUND 266,938.55 253,126.08 266,938.55 0.00 0.00 0.00 253,126.08 0.00 253,126.08 0.00
725 MORRIS / PALAIS BOX OFFICE 1,587,868.46 135,736.84 0.00 0.00 0.00 0.00 1,723,605.30 0.00 1,723,605.30 0.00
726 POLICE DISTRIBUTIONS PAY 817,116.37 0.00 21,804.13 0.00 0.00 0.00 795,312.24 0.00 795,312.24 0.00
730 CITY CEMETERY TRUST 28,824.54 0.00 0.00 21.98 0.00 0.00 28,846.52 0.00 28,846.52 0.00
750 EQUIPMENT / VEHICLE LEASING 3,231,143.87 0.00 1,036,292.08 298.11 0.00 0.00 2,195,149.90 0.00 2,195,149.90 0.00
751 PARKS BOND CAPITAL 4,337,198.79 0.00 63,155.82 368.77 0.00 0.00 4,274,411.74 0.00 4,274,411.74 0.00
753 SMART STREET BOND CAPITAL 5,929,453.38 0.00 986,651.60 604.16 0.00 0.00 4,943,405.94 0.00 4,943,405.94 0.00
Total Trust & Agency Funds 16,260,022.25 8,562,397.82 11,455,536.77 1,925.67 0.00 0.00 13,368,808.97 0.00 13,368,808.97 0.00
Total City Funds 182,496,331.65 26,557,077.44 28,822,329.11 122,934.11 4,456,638.91 2,683,324.80 182,127,328.20 69,315.05 182,196,643.25 3,923,317.73
Redevelopment Commission Controlled Funds
Tax Increment Financing Funds
324 TIF RIVER WEST - AIRPORT 28,250,143.90 91,594.48 132,493.90 24,366.82 2,115.39 0.00 28,235,726.69 0.00 28,235,726.69(400,000.00)
422 TIF DISTRICT - WEST WASHINGTON 1,962,469.37 0.00 0.00 1,496.72 0.00 0.00 1,963,966.09 0.00 1,963,966.09 0.00
425 TIF LEIGHTON PLAZA 192,136.43 14,069.01 9,302.01 127.04 0.00 0.00 197,030.47 0.00 197,030.47 0.00
429 TIF RIVER EAST DEV (NE)7,854,432.74 700.00 45,644.00 5,998.86 0.00 0.00 7,815,487.60 0.00 7,815,487.60 0.00
430 TIF SOUTHSIDE DEVELOPMENT AREA #1 4,499,259.09 0.00 20,388.00 3,419.92 561,229.07 0.00 5,043,520.08 0.00 5,043,520.08 0.00
432 TIF SSDA #3 - ERSKINE VILLAGE 900,244.17 0.00 0.00 3,483.74 0.00 0.00 903,727.91 0.00 903,727.91 0.00
435 TIF DOUGLAS ROAD 156,810.45 0.00 150,000.00 119.56 0.00 0.00 6,930.01 0.00 6,930.01(181,081.00)
436 TIF RIVER EAST RES (NE RE) 1,160,295.09 0.00 446,589.00 0.00 0.00 0.00 713,706.09 0.00 713,706.09(3,342,236.73)
Total Tax Increment Financing Funds 44,975,791.24 106,363.49 804,416.91 39,012.66 563,344.46 0.00 44,880,094.94 0.00 44,880,094.94(3,923,317.73)
Redevelopment Funds
433 REDEVELOPMENT ADMINISTRATION GENERAL 8,459.31 0.00 0.00 6.46 0.00 0.00 8,465.77 0.00 8,465.77 0.00
439 CERTIFIED TECHNOLOGY PARK 2,152,036.47 0.00 0.00 1,641.36 0.00 0.00 2,153,677.83 0.00 2,153,677.83 0.00
454 AIRPORT URBAN ENTERPRISE ZONE 383,382.65 0.00 0.00 292.40 0.00 0.00 383,675.05 0.00 383,675.05 0.00
754 INDUSTRIAL REVOLVING FUND 0.00 2,405,340.00 0.00 0.00 0.00 0.00 2,405,340.00 233,866.00 2,639,206.00 0.00
Total Redevelopment Funds 2,543,878.43 2,405,340.00 0.00 1,940.22 0.00 0.00 2,545,818.65 233,866.00 5,185,024.65 0.00
Debt Service Funds
315 AIRPORT 2003 DEBT RESERVE 1,038,904.00 0.00 0.00 792.03 0.00 792.03 1,038,904.00 0.00 1,038,904.00 0.00
317 COVELESKI BOND DEBT RESERVE 512,851.22 0.00 0.00 391.16 0.00 0.00 513,242.38 0.00 513,242.38 0.00
328 SBCDA 2003 DEBT RESERVE 1,735,840.00 0.00 0.00 1,323.36 0.00 1,323.36 1,735,840.00 0.00 1,735,840.00 0.00
752 SB REVELOPMENT AUTHORITY 1,232,769.39 0.00 0.00 168.77 772,500.00 735,235.65 1,270,202.51 0.00 1,270,202.51 0.00
756 SMARTS STREETS DEBT SERVICE 2,108,440.41 0.00 0.00 178.58 0.00 0.00 2,108,618.99 0.00 2,108,618.99 0.00
758 ERSKINE VILLAGE DEBT SERVICE 561,116.81 0.00 0.00 30.71 3,961,666.72 561,229.07 3,961,585.17 0.00 3,961,585.17 0.00
Total Debt Service Funds 7,189,921.83 0.00 0.00 2,884.61 4,734,166.72 1,298,580.11 10,628,393.05 0.00 10,628,393.05 0.00
Total Redevelopment Commission Funds 54,709,591.50 2,511,703.49 804,416.91 43,837.49 5,297,511.18 1,298,580.11 58,054,306.64 233,866.00 60,693,512.64(3,923,317.73)
City Operations Total 237,205,923.15 29,068,780.93 29,626,746.02 166,771.60 9,754,150.09 3,981,904.91 240,181,634.84 303,181.05 242,890,155.89 0.00
Memo Item
Pooled Investment Account Opening Interest Accrued Change in Transfer In Transfer out Investment Total Cash &
Balance Net of Fees Income Asset Value from Depository to Depository Balance Investments
1st Source Bank Investment Account 184,716,097.08 165,147.03 0.00 51,194.49 0.00 133,619.72 184,798,818.88 184,798,818.88
2017 February. c ontrollers cash report - Controllers Cas h Report Page 5 of 6
City of South Bend Period Ending:February 2017
Cash Balance Report
Account Bank Account Current Prior 2016 Q3 2016 Q2 2016 Q1
Month Month September June March
City Controlled Bank Accounts
xxxx 1st Source Depository 209,379,221.55 208,914,142.85 221,892,764.91 240,969,334.80 201,505,646.06
xxxx 1st Source Payroll- (257,275.31) (253,690.31) (238,525.41) (223,058.91)
xxxx 1st Source Disbursement- (1,348,484.98) (1,506,512.63) (1,569,754.83) (913,804.01)
xxxx 1st Source Police Grant 299 192,031.85 226,207.19 252,683.62 242,470.29 241,033.50
xxxx 1st Source Benefits- 27,637.84 27,605.55 27,589.98 26,130.39
xxxx 1st Source Section 108-8 Loan 130,701.63 130,611.01 130,348.54 130,166.55 129,992.51
xxxx 1st Source Blight Elimination Program 1,013,102.78 1,013,102.78 931,530.14 931,530.14 156,299.34
xxxx Key Bank Century Center Capital 866,126.46 866,060.02 884,782.23 907,407.64 1,002,321.17
xxxx 1st Source Variance(1,478,751.81) 1,569.06 88.49 192,644.72 (129.19)
City Cash Total 210,102,432.46 209,573,570.46 222,359,600.54 241,592,863.88 201,924,430.86
Century Center Controlled Accounts
xxxx Key Bank Operating / Petty Cash 1,769,859.95 1,718,003.99 1,598,166.85 1,026,206.60 1,282,871.28
xxxx Key Bank Payroll 4,004.46 (45,373.89) 15,859.44 (146,569.87) 125,832.36
xxxx Key Bank Event 195,899.48 411,975.60 130,239.85 452,083.01 269,619.82
xxxx Key Bank Energy Savings 50,090.08 50,086.23 50,069.39 96,845.20 50,044.36
CC Cash Total 2,019,853.97 2,134,691.93 1,794,335.53 1,428,564.94 1,728,367.82
Cash on hand with other financial institutions
Fund 101 Cash with Fiscal Agent 100,685.21 100,685.21 82,524.86 82,646.86 82,346.86
Fund 258 Cash with Fiscal Agent 9,347.96 9,347.96 1,681.07 7,681.07 7,681.07
Fund 258 Cash with Fiscal Agent 69,315.05 69,315.05 68,940.03 68,896.24 68,896.24
Fund 313 Cash with Fiscal Agent 19,409.32 19,403.58 11,131.47 11,131.47 11,131.47
Fund 425 Cash with Fiscal Agent 30,407.01 25,639.96 42,496.67 39,519.98 63,268.84
Fund 432 Cash with Fiscal Agent- - - - -
Fund 600 Cash with Fiscal Agent 322.00 322.00 322.00 398.00 970.00
Fund 619 Cash with Fiscal Agent- - - - -
Fund 626 Cash with Fiscal Agent 32,182.95 32,175.21 32,142.57 32,137.40 32,120.00
Fund 653 Cash with Fiscal Agent 4,112,587.99 4,111,632.77 4,109,042.54 4,107,370.06 4,106,260.56
Fund 725 Cash with Fiscal Agent 1,723,605.30 1,587,868.46 1,924,618.68 1,546,428.51 2,350,963.88
Fund 726 Cash with Fiscal Agent 795,312.24 817,116.37 825,901.48 827,759.48 828,567.70
Fund 750 Cash with Fiscal Agent 2,195,149.90 3,231,143.87 - - -
Fund 751 Cash with Fiscal Agent 4,274,411.74 4,337,198.79 - - -
Fund 752 Cash with Fiscal Agent 1,270,202.51 1,232,769.39 - - -
Fund 753 Cash with Fiscal Agent 4,943,405.94 5,929,453.38 - - -
Fund 754 Cash with Fiscal Agent 2,405,340.00 -
Fund 755 Cash with Fiscal Agent 2,088,874.77 762,088.60 - - -
Fund 756 Cash with Fiscal Agent 2,108,618.99 2,108,440.41 - - -
Fund 757 Cash with Fiscal Agent 627,105.41 561,942.94 - - -
Fund 758 Cash with Fiscal Agent 3,961,585.17 561,116.81 - - -
xx Cash Total 30,767,869.46 25,497,660.76 7,098,801.37 6,723,969.07 7,552,206.62
Total Cash on Hand per Controller's Cash Report 242,890,155.89 237,205,923.15 231,252,737.44 249,745,397.89 211,205,005.30
2017 Februa ry. controllers cash report - Cash Balances Pag e 6 of 6