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HomeMy WebLinkAbout06-2017 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 Angela Kouters Deputy Chief of Staff Suzanna Fritzberg South Bend City Council Members Admininstration and Finance Department Heads City Fiscal Officers June 2017 Controller 2017 June. 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. June 2017 HIGHLIGHTS: Total City Funds (pg. 4): June 2017 beginning cash balance of $171,800,880 and ending cash balance of $199,510,897 represents an increase in cash of ~$27.7 million. Compared to June 2016, beginning cash balance of $156,234,520 and ending cash balance of $185,312,158 represents an increase in cash of approximately $29.1 million. In comparison, there is a decrease year over year of ~ $1.4 million in revenue. Property taxes received this month were ~$27.5 million compared to $26.8 million received last year. Total Redevelopment Commission Funds (pg.5): June 2017 beginning cash balance of $50,870,965 and ending cash balance of $64,818,555 represents an increase in cash of ~$13.9 million. Compared to June 2016 beginning cash balance of $50,296,086 and ending cash balance of $64,433,239 represents an increase in cash of ~$14.1 million. In comparison, there is decrease year over year in revenue of approximately $200,000. Property taxes received this month were ~$14.3 million similar to $14.7 million collected last year. Fund 101 (General Fund): June 2017 actual receipts were $24,681,229 vs. prior year actual receipts of $24,192,705. The largest receipt this month was from St. Joseph County for property taxes in the amount of $21,820,142. Fund 201 (Parks & Recreation): June 2017 actual receipts were $5,704,068 vs. prior year actual receipts of $4,995,164. The largest receipt this month was from St. Joseph County for property taxes in the amount of $4,976,456. Disbursements are consistent with normal operating costs. Fund 313 (Hall of Fame): Property taxes received this month totaled $451,820, thus providing sufficient cash to have a positive balance. Fund 672 (Century Center Capital): Negative cash balance reflects a debt service payment for the Century Center Energy Conservation Bond. At this time, the City is currently waiting for an interest rebate from the Internal Revenue Service in the amount of $59,630. Fund 701 and 702 (Fire and Police Pension): These funds no longer have a negative balance as a result of monthly pension payments made to police and firemen hired prior to May 1, 1977. This month the mandatory state pension relief distribution was received. Fund 701 (Fire) received ~$2.4 million and fund 702 (Police) received ~$3.1 million. This distribution is received twice a year (June and October), as a reimbursement for expenditures paid in the previous fiscal year. For June 2017, cash interest received was $271,135 compared to $185,133 in June 2016. 2017 June. controllers cash report - Overview Page 2 of 6 City of South Bend Month of:June 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 $18,847,939.53$24,681,228.96$5,998,335.79$25,727.66$0.00$0.00$37,556,560.36$0.00$37,556,560.36$468,309.11 Special Revenue Funds 102 RAINY DAY FUND 10,216,895.22 0.00 0.00 13,232.46 0.00 0.00 10,230,127.68 0.00 10,230,127.68 0.00 201 PARKS & RECREATION 819,050.08 5,704,068.12 1,363,039.31 1,702.89 0.00 0.00 5,161,781.78 0.00 5,161,781.78 0.00 202 MOTOR VEHICLE HIGHWAY 7,288,608.42 277,130.02 798,695.17 9,632.80 0.00 0.00 6,776,676.07 0.00 6,776,676.07 0.00 203 RECREATION - NONREVERTING 1,014,627.32 96,661.56 125,984.24 1,307.14 0.00 0.00 986,611.78 0.00 986,611.78 0.00 209 STUDEBAKER/OLIVER REVERTING GRANTS 827,572.17 0.00 27,776.39 1,070.27 0.00 0.00 800,866.05 0.00 800,866.05 400,000.00 210 DEPT COMMUNITY INVESTMENT STATE GRANTS 352,094.92 15,855.12 18,002.61 2,603.51 0.00 0.00 352,550.94 0.00 352,550.94 0.00 211 DCI OPERATING FUND 1,304,018.65 11,619.50 233,490.08 1,767.31 0.00 0.00 1,083,915.38 0.00 1,083,915.38 0.00 212 DEPARTMENT OF COMMUNITY INVESTMENT 113,186.33 358,462.03 146,837.63 8.37 0.00 0.00 324,819.10 0.00 324,819.10 0.00 216 POLICE STATE SEIZURES 233,329.55 0.00 0.00 300.45 0.00 0.00 233,630.00 0.00 233,630.00 0.00 217 GIFT, DONATION, BEQUEST 170,300.58 50,837.00 6,877.22 221.38 0.00 0.00 214,481.74 0.00 214,481.74 0.00 218 POLICE CURFEW VIOLATIONS 12,653.41 37.50 0.00 16.39 0.00 0.00 12,707.30 0.00 12,707.30 0.00 219 UNSAFE BUILDING 436,441.41 18,670.01 80,007.35 0.00 0.00 0.00 375,104.07 0.00 375,104.07 0.00 220 LAW ENFORCEMENT CONTINUING EDUCATION 625,328.05 16,474.25 47,709.96 800.53 0.00 0.00 594,892.87 0.00 594,892.87 0.00 221 LANDLORD REGISTRATION 5,205.00 25.00 0.00 0.00 0.00 0.00 5,230.00 0.00 5,230.00 0.00 227 LOSS RECOVERY FUND 959,649.70 0.00 4,860.00 1,243.51 0.00 0.00 956,033.21 0.00 956,033.21 0.00 244 EMERGENCY TELEPHONE SYSTEM 28,962.74 0.00 0.00 0.00 0.00 0.00 28,962.74 0.00 28,962.74 0.00 249 PUBLIC SAFETY L.O.I.T.1,277,948.86 637,302.84 933,863.79 1,466.02 0.00 0.00 982,853.93 0.00 982,853.93 0.00 251 LOCAL ROADS & STREETS 3,081,918.74 122,292.43 151,623.67 3,961.45 0.00 0.00 3,056,548.95 0.00 3,056,548.95 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 3,018,761.57 52,501.44 69,469.50 3,947.17 0.00 0.00 3,005,740.68 0.00 3,005,740.68 0.00 258 HUMAN RIGHTS - FEDERAL GRANT 530,964.82 0.00 87,741.30 600.43 0.00 0.00 443,823.95 69,315.05 513,139.00 0.00 265 LOCAL ROAD & BRIDGE GRANT 2,000,000.00 0.00 0.00 0.00 0.00 0.00 2,000,000.00 0.00 2,000,000.00 0.00 271 EASTRACE WATERWAY 1,351.54 0.00 0.00 1.75 0.00 0.00 1,353.29 0.00 1,353.29 0.00 273 MORRIS PAC/PALAIS ROYALE MARKETING 44,687.32 3,890.00 0.00 59.66 0.00 0.00 48,636.98 0.00 48,636.98 0.00 280 POLICE BLOCK GRANTS 3,897.82 0.00 0.00 5.04 0.00 0.00 3,902.86 0.00 3,902.86 0.00 281 DEPT. COMMUNITY INVESTMENT - REV BONDS 27,700.47 0.00 0.00 35.87 0.00 0.00 27,736.34 0.00 27,736.34 0.00 289 HAZMAT 22,115.57 0.00 0.00 30.49 0.00 0.00 22,146.06 0.00 22,146.06 0.00 291 INDIANA RIVER RESCUE 163,071.47 10,800.00 5,025.23 188.63 0.00 0.00 169,034.87 0.00 169,034.87 0.00 292 POLICE GRANTS 71,041.10 0.00 0.00 0.00 0.00 0.00 71,041.10 0.00 71,041.10 0.00 294 REGIONAL POLICE ACADEMY 88,923.54 175.00 3,775.81 112.86 0.00 0.00 85,435.59 0.00 85,435.59 0.00 295 COPS MORE GRANT 151,840.78 860.00 495.00 193.82 0.00 0.00 152,399.60 0.00 152,399.60 0.00 299 POLICE FEDERAL DRUG ENFORCEMENT 179,306.32 0.00 3,172.20 168.13 0.00 0.00 176,302.25 0.00 176,302.25 0.00 404 COUNTY OPTION INCOME TAX 8,781,524.14 876,067.87 510,156.78 10,738.94 0.00 0.00 9,158,174.17 0.00 9,158,174.17 1,320,896.00 408 ECONOMIC DEVELOPMENT INCOME TAX 11,728,947.74 867,804.75 60,223.91 14,640.83 0.00 0.00 12,551,169.41 0.00 12,551,169.41 0.00 410 URBAN DEVELOPMENT ACTION GRANT (UDAG)531,757.47 0.00 0.00 688.70 0.00 0.00 532,446.17 0.00 532,446.17(1,320,896.00) 655 PROJECT RELEAF 834,260.26 36,398.85 2,820.78 1,059.39 0.00 0.00 868,897.72 0.00 868,897.72 0.00 705 POLICE K-9 UNIT 2,867.42 0.00 0.00 3.71 0.00 0.00 2,871.13 0.00 2,871.13 0.00 Total Special Revenue Funds 56,950,818.57 9,157,933.29 4,681,647.93 71,809.90 0.00 0.00 61,498,913.83 69,315.05 61,568,228.88 400,000.00 Debt Service Fund 313 HALL OF FAME DEBT SERVICE (338,843.90)474,764.93 0.00 11.78 0.00 0.00 135,932.81 0.00 135,932.81 0.00 755 SB BUILDING CORPORATION 651,296.82 0.00 0.00 169.13 0.00 0.00 651,465.95 0.00 651,465.95 0.00 757 PARKS BOND DEBT SERVICE 493,980.46 0.00 0.00 114.14 63,971.88 0.00 558,066.48 0.00 558,066.48 Capital Project Funds 377 PROFESSIONAL SPORTS DEVELOPMENT 172,313.08 0.00 0.00 213.52 0.00 0.00 172,526.60 0.00 172,526.60 0.00 401 COVELESKI STADIUM CAPITAL 77,712.19 6,145.00 6,145.00 103.77 0.00 0.00 77,815.96 0.00 77,815.96 0.00 403 ZOO ENDOWMENT(3,549.42)3,549.42 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2017 June. controllers cash report - Controllers Cash Report Page 3 of 6 City of South Bend Month of:June 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) 405 PARK NONREVERTING CAPITAL 223,053.21 1,013.00 51,050.65 218.93 0.00 0.00 173,234.49 0.00 173,234.49 0.00 406 CUMULATIVE CAPITAL DEVELOPMENT 292,242.23 258,967.50 0.00 558.19 0.00 0.00 551,767.92 0.00 551,767.92 0.00 407 CUMULATIVE CAPITAL IMPROVEMENT 344,257.27 116,696.67 0.00 445.87 0.00 0.00 461,399.81 0.00 461,399.81 0.00 412 MAJOR MOVES CONSTRUCTION 2,967,428.35 0.00 0.00 3,843.85 0.00 0.00 2,971,272.20 0.00 2,971,272.20 3,552,509.06 416 MORRIS PERFORMING ARTS CENTER CAPITAL 629,964.74 2,871.00 0.00 806.18 0.00 0.00 633,641.92 0.00 633,641.92 0.00 450 PALAIS ROYALE HISTORIC PRESERVATION 96,544.26 1,409.52 0.00 124.73 0.00 0.00 98,078.51 0.00 98,078.51 0.00 677 HALL OF FAME CAPITAL FUND 470,335.63 0.00 2,638.03 611.51 0.00 0.00 468,309.11 0.00 468,309.11(468,309.11) 750 EQUIPMENT / VEHICLE LEASING 4,421,370.07 0.00 128,509.23 531.66 0.00 0.00 4,293,392.50 0.00 4,293,392.50 0.00 751 PARKS BOND CAPITAL 3,904,331.57 0.00 111,545.94 631.61 0.00 0.00 3,793,417.24 0.00 3,793,417.24 0.00 753 SMART STREET BOND CAPITAL 3,529,767.04 0.00 341,705.60 605.82 0.00 0.00 3,188,667.26 0.00 3,188,667.26 0.00 Total Capital & Debt Service Funds 17,932,203.60 865,417.04 641,594.45 8,990.69 63,971.88 0.00 18,228,988.76 0.00 18,228,988.76 3,084,199.95 Enterprise Funds 287 EMS CAPITAL 4,531,487.25 0.00 547,963.84 6,014.50 0.00 0.00 3,989,537.91 0.00 3,989,537.91 0.00 288 EMS OPERATING 1,585,415.70 705,116.89 603,290.75 2,096.38 0.00 0.00 1,689,338.22 0.00 1,689,338.22 0.00 600 CONSOLIDATED BUILDING DEPARTMENT 2,979,524.22 254,984.76 356,507.56 3,917.84 0.00 0.00 2,881,919.26 0.00 2,881,919.26 0.00 601 PARKING GARAGES 1,203,687.63 70,563.00 80,587.08 1,452.62 0.00 0.00 1,195,116.17 0.00 1,195,116.17(31,191.33) 610 SOLID WASTE OPERATIONS 612,931.63 400,915.71 422,990.48 805.74 0.00 290,000.00 301,662.60 0.00 301,662.60 0.00 611 SOLID WASTE CAPITAL 2,712.75 0.00 218.50 3.55 290,000.00 0.00 292,497.80 0.00 292,497.80 0.00 620 WATER WORKS OPERATIONS 3,085,990.93 1,376,168.88 1,405,813.62 3,319.68 16,478.48 164,000.00 2,912,144.35 0.00 2,912,144.35 0.00 622 WATER WORKS CAPITAL 2,282,623.40 0.00 25,499.20 2,956.34 0.00 0.00 2,260,080.54 0.00 2,260,080.54 0.00 624 WATER WORKS CUSTOMER DEPOSIT 1,513,843.15 13,852.20 20,784.85 1,965.02 0.00 1,965.02 1,506,910.50 0.00 1,506,910.50 0.00 625 WATER WORKS SINKING FUND 870,166.72 12,750.37 254,184.19 1,127.22 164,000.00 1,127.22 792,732.90 0.00 792,732.90 0.00 626 WATER WORKS BOND RESERVE 1,431,968.52 0.00 0.00 1,828.09 0.00 10,000.00 1,423,796.61 0.00 1,423,796.61 0.00 629 WATER WORKS RESERVE - O & M 2,613,999.68 0.00 0.00 3,386.24 0.00 3,386.24 2,613,999.68 0.00 2,613,999.68 0.00 640 SEWER REPAIR INSURANCE 1,788,362.69 53,351.40 34,532.21 2,327.37 0.00 0.00 1,809,509.25 0.00 1,809,509.25 0.00 641 SEWAGE WORKS OPERATIONS 14,330,593.95 3,123,175.73 1,965,179.63 18,538.67 6,675.50 1,262,797.50 14,251,006.72 0.00 14,251,006.72 0.00 642 SEWAGE WORKS CAPITAL 6,239,216.20 0.00 483,912.34 8,095.99 500,000.00 0.00 6,263,399.85 0.00 6,263,399.85 0.00 643 SEWAGE WORKS RESERVE - O & M 5,153,129.15 0.00 0.00 6,675.50 0.00 6,675.50 5,153,129.15 0.00 5,153,129.15 0.00 649 SEWAGE WORKS BOND SINKING 3,803,119.53 0.00 249,650.00 5,455.79 762,797.50 0.00 4,321,722.82 0.00 4,321,722.82 0.00 653 SEWAGE WORKS DEBT SERVICE RESERVE 4,116,533.11 0.00 0.00 1,876.71 0.00 0.00 4,118,409.82 0.00 4,118,409.82 0.00 659 2011 SEW ER BOND 144.15 0.00 0.00 0.19 0.00 0.00 144.34 0.00 144.34 0.00 661 2012 SEW ER BOND 2,162,500.56 0.00 115,454.45 3,053.39 0.00 0.00 2,050,099.50 0.00 2,050,099.50 0.00 670 CENTURY CENTER 1,787,366.65 7,046.75 231,474.47 0.00 0.00 0.00 1,562,938.93 0.00 1,562,938.93 0.00 671 CENTURY CENTER CAPITAL 866,344.80 0.00 0.00 71.21 0.00 0.00 866,416.01 0.00 866,416.01 0.00 672 CENTURY CENTER ENERGY SAVINGS(38,052.97)0.00 0.00 4.12 0.00 0.00(38,048.85)0.00(38,048.85)0.00 Total Enterprise Funds 62,923,609.40 6,017,925.69 6,798,043.17 74,972.16 1,739,951.48 1,739,951.48 62,218,464.08 0.00 62,218,464.08(31,191.33) Internal Service Funds 222 CENTRAL SERVICES 1,436,801.53 904,476.16 941,285.36 1,388.50 0.00 0.00 1,401,380.83 0.00 1,401,380.83 0.00 224 CENTRAL SERVICES CAPITAL 80,934.99 0.00 11,786.00 105.18 0.00 0.00 69,254.17 0.00 69,254.17 0.00 226 LIABILITY INSURANCE 4,363,255.07 253,882.97 135,390.66 6,349.13 0.00 0.00 4,488,096.51 0.00 4,488,096.51 0.00 278 TAKE HOME VEHICLE POLICE 754,459.31 260.00 0.00 977.08 0.00 0.00 755,696.39 0.00 755,696.39 0.00 279 311 CALL CENTER 666,275.20 430,621.00 284,791.56 0.00 0.00 0.00 812,104.64 0.00 812,104.64 0.00 711 SELF-FUNDED EMPLOYEE BENEFITS 8,554,176.90 1,483,231.12 1,733,506.19 11,573.03 0.00 0.00 8,315,474.86 0.00 8,315,474.86 0.00 713 UNEMPLOYMENT COMP FUND 260,310.69 0.00 5,525.71 339.24 0.00 0.00 255,124.22 0.00 255,124.22 0.00 Total Internal Service Funds 16,116,213.69 3,072,471.25 3,112,285.48 20,732.16 0.00 0.00 16,097,131.62 0.00 16,097,131.62 0.00 Trust & Agency Funds 701 FIREFIGHTERS PENSION (1,798,320.90)2,461,856.02 376,476.19 0.00 0.00 0.00 287,058.93 0.00 287,058.93 0.00 702 POLICE PENSION (1,782,108.60)3,108,612.17 505,353.97 0.00 0.00 0.00 821,149.60 0.00 821,149.60 0.00 2017 June. controllers cash report - Controllers Cash Report Page 4 of 6 City of South Bend Month of:June 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) 709 PAYROLL FUND 0.00 11,360,046.61 11,360,046.61 0.00 0.00 0.00 0.00 0.00 0.00 0.00 718 STATE TAX DEDUCTION FUND 261,408.96 401,234.65 261,408.96 0.00 0.00 0.00 401,234.65 0.00 401,234.65 0.00 725 MORRIS / PALAIS BOX OFFICE 1,490,496.17 0.00 17,072.74 0.00 0.00 0.00 1,473,423.43 0.00 1,473,423.43 0.00 726 POLICE DISTRIBUTIONS PAY 829,725.00 0.00 0.00 0.00 0.00 0.00 829,725.00 0.00 829,725.00 0.00 730 CITY CEMETERY TRUST 28,894.91 0.00 0.00 37.42 0.00 0.00 28,932.33 0.00 28,932.33 0.00 Total Trust & Agency Funds(969,904.46)17,331,749.45 12,520,358.47 37.42 0.00 0.00 3,841,523.94 0.00 3,841,523.94 0.00 Total City Funds 171,800,880.33 61,126,725.68 33,752,265.29 202,269.99 1,803,923.36 1,739,951.48 199,441,582.59 69,315.05 199,510,897.64 3,921,317.73 Redevelopment Commission Controlled Funds Tax Increment Financing Funds 324 TIF RIVER WEST - AIRPORT 25,868,865.91 9,404,964.69 195,582.22 30,577.61 3,594.47 0.00 35,112,420.46 0.00 35,112,420.46(400,000.00) 422 TIF DISTRICT - WEST WASHINGTON 1,964,453.56 198,151.66 0.00 2,544.27 0.00 0.00 2,165,149.49 0.00 2,165,149.49 0.00 425 TIF LEIGHTON PLAZA 199,866.91 8,697.97 29,193.98 216.22 0.00 0.00 179,587.12 0.00 179,587.12 0.00 429 TIF RIVER EAST DEV (NE)7,099,558.46 1,428,395.99 343,123.74 9,249.95 0.00 0.00 8,194,080.66 0.00 8,194,080.66 0.00 430 TIF SOUTHSIDE DEVELOPMENT AREA #1 5,801,165.27 1,216,823.61 6,682.50 7,614.96 0.00 0.00 7,018,921.34 0.00 7,018,921.34 0.00 432 TIF SSDA #3 - ERSKINE VILLAGE 596.86 0.00 0.00 0.68 0.00 0.00 597.54 0.00 597.54 0.00 435 TIF DOUGLAS ROAD 7,030.86 218,279.99 0.00 9.10 0.00 0.00 225,319.95 0.00 225,319.95(181,081.00) 436 TIF RIVER EAST RES (NE RE) 713,706.09 2,320,321.06 0.00 0.00 0.00 0.00 3,034,027.15 0.00 3,034,027.15(3,340,236.73) Total Tax Increment Financing Funds 41,655,243.92 14,795,634.97 574,582.44 50,212.79 3,594.47 0.00 55,930,103.71 0.00 55,930,103.71(3,921,317.73) Redevelopment Funds 433 REDEVELOPMENT ADMINISTRATION GENERAL 7,347.34 0.00 0.00 9.84 0.00 0.00 7,357.18 0.00 7,357.18 0.00 439 CERTIFIED TECHNOLOGY PARK 357,289.57 0.00 0.00 1,064.16 0.00 0.00 358,353.73 0.00 358,353.73 0.00 454 AIRPORT URBAN ENTERPRISE ZONE 384,318.48 0.00 0.00 497.75 0.00 0.00 384,816.23 0.00 384,816.23 0.00 754 INDUSTRIAL REVOLVING FUND 2,762,824.00 3,459.00 233,131.00 12,238.00 0.00 0.00 2,545,390.00 233,253.00 2,778,643.00 0.00 Total Redevelopment Funds 3,511,779.39 3,459.00 233,131.00 13,809.75 0.00 0.00 750,527.14 233,253.00 3,529,170.14 0.00 Debt Service Funds 315 AIRPORT 2003 DEBT RESERVE 1,038,904.00 0.00 0.00 1,345.82 0.00 1,345.82 1,038,904.00 0.00 1,038,904.00 0.00 317 COVELESKI BOND DEBT RESERVE 514,103.09 0.00 0.00 665.84 0.00 0.00 514,768.93 0.00 514,768.93 0.00 328 SBCDA 2003 DEBT RESERVE 1,735,840.00 0.00 0.00 2,248.65 0.00 2,248.65 1,735,840.00 0.00 1,735,840.00 0.00 752 SB REVELOPMENT AUTHORITY 700,578.73 0.00 345,906.25 305.42 0.00 0.00 354,977.90 0.00 354,977.90 0.00 756 SMARTS STREETS DEBT SERVICE 1,714,513.10 0.00 0.00 277.14 0.00 0.00 1,714,790.24 0.00 1,714,790.24 0.00 758 ERSKINE VILLAGE DEBT SERVICE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Debt Service Funds 5,703,938.92 0.00 345,906.25 4,842.87 0.00 3,594.47 5,359,281.07 0.00 5,359,281.07 0.00 Total Redevelopment Commission Funds 50,870,962.23 14,799,093.97 1,153,619.69 68,865.41 3,594.47 3,594.47 62,039,911.92 233,253.00 64,818,554.92(3,921,317.73) City Operations Total 222,671,842.56 75,925,819.65 34,905,884.98 271,135.40 1,807,517.83 1,743,545.95 261,481,494.51 302,568.05 264,329,452.56 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 179,872,336.00 228,400.84 0.00(125,002.47)0.00 5,348,182.66 174,627,551.71 174,627,551.71 2017 June. controllers cash report - Controllers Cash Report Page 5 of 6 City of South Bend Period Ending:June 2017 Cash Balance Report Account Bank Account Current Prior 2017 Q3 2017 Q2 2017 Q1 Month Month September June March City Controlled Bank Accounts xxxx 1st Source Depository 235,528,939.37 193,545,957.02 - - 205,196,493.96 xxxx 1st Source Payroll(397,035.65) (217,611.96) - - (235,676.48) xxxx 1st Source Disbursement(1,120,615.16) (2,094,934.86) - - (1,453,213.71) xxxx 1st Source Police Grant 299 176,302.25 179,306.32 - - 178,979.40 xxxx 1st Source Benefits 27,752.49 27,726.52 - - 27,675.05 xxxx 1st Source Section 108-8 Loan 131,126.76 131,005.81 - - 130,783.87 xxxx 1st Source Blight Elimination Program 1,013,102.78 1,013,102.78 - - 1,013,102.78 xxxx Key Bank Century Center Capital 866,416.01 866,344.80 - - 866,200.02 xxxx 1st Source Variance(55.72) 494.32 - - 490.67 City Cash Total 236,225,933.13 193,451,390.75 - - 205,724,835.56 Century Center Controlled Accounts xxxx Key Bank Operating / Petty Cash 1,408,714.40 1,604,545.12 - - 1,682,254.29 xxxx Key Bank Payroll 32,653.01 68,296.76 - - 34,535.02 xxxx Key Bank Event 121,571.52 114,524.77 - - 78,135.07 xxxx Key Bank Energy Savings 50,106.82 50,102.70 - - 50,094.33 CC Cash Total 1,613,045.75 1,837,469.35 - - 1,845,018.71 Cash on hand with other financial institutions Fund 101 Cash with Fiscal Agent 100,685.21 100,685.21 - - 100,685.21 Fund 258 Cash with Fiscal Agent 9,347.96 9,347.96 - - 9,347.96 Fund 258 Cash with Fiscal Agent 69,315.05 69,315.05 - - 69,315.05 Fund 313 Cash with Fiscal Agent 22,727.38 22,715.60 - - 22,697.52 Fund 324 Cash with Fiscal Agent 2,487,557.50 2,500,000.00 - - 2,499,985.00 Fund 425 Cash with Fiscal Agent 12,468.07 32,964.03 - - 36,278.59 Fund 600 Cash with Fiscal Agent 322.00 322.00 - - 322.00 Fund 619 Cash with Fiscal Agent- - - - - Fund 626 Cash with Fiscal Agent 32,231.74 32,216.54 - - 32,193.36 Fund 653 Cash with Fiscal Agent 4,118,409.82 4,116,533.11 - - 4,113,764.41 Fund 725 Cash with Fiscal Agent 1,473,423.43 1,490,496.17 - - 1,559,680.59 Fund 726 Cash with Fiscal Agent 829,725.00 829,725.00 - - 795,312.24 Fund 750 Cash with Fiscal Agent 4,293,392.50 4,421,370.07 - - 1,705,940.94 Fund 751 Cash with Fiscal Agent 3,794,257.19 3,904,331.57 - - 4,063,750.23 Fund 752 Cash with Fiscal Agent 354,977.90 700,578.73 - - 502,462.47 Fund 753 Cash with Fiscal Agent 3,188,667.26 3,529,767.04 - - 4,658,177.82 Fund 754 Cash with Fiscal Agent 2,778,643.00 2,762,824.00 2,724,543.00 Fund 755 Cash with Fiscal Agent 651,465.95 651,296.82 - - 651,114.77 Fund 756 Cash with Fiscal Agent 1,714,790.24 1,714,513.10 - - 1,714,097.47 Fund 757 Cash with Fiscal Agent 558,066.48 493,980.46 - - 428,664.14 Fund 758 Cash with Fiscal Agent- - - - - xx Cash Total 26,490,473.68 27,382,982.46 - - 25,688,332.77 Total Cash on Hand per Controller's Cash Report 264,329,452.56 222,671,842.56 - - 233,258,187.04 2017 June. co ntrollers cash report - Cash Balanc es Pag e 6 of 6