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HomeMy WebLinkAbout08-2017 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 August 2017 Controller 2017 August. 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. August 2017 HIGHLIGHTS: Total City Funds (pg. 5): August 2017 beginning cash balance of $194,244,880 and ending cash balance of $191,333,449 represents a decrease in cash of ~$2.9 million. Compared to August 2016, beginning cash balance of $177,620,960 and ending cash balance of $173,502,754 represents a decrease in cash of approximately $4.1 million. In comparison, there is a decrease year over year of ~ $1.2 million in expenditures. Variance can be seen in expenditures occurring in fund 661 (2012 Sewer Bond). Total Redevelopment Commission Funds (pg.5): August 2017 beginning cash balance of $59,955,849 and ending cash balance of $60,726,084 represents an increase in cash of ~$770,000. Compared to August 2016 beginning cash balance of $58,518,600 and ending cash balance of $55,966,718 represents a decrease in cash of ~$2.55 million. In comparison, there is an increase year over year in revenue due to the addition of certain funds held with trustees for certain projects. Funds 752 and756 have been added to the Controller’s Report in order to report all bond proceeds and payments through trustee accounts. Fund 101 (General Fund): August 2017 actual receipts were $1,477,537 vs. prior year actual receipts of $1,064,315. The largest receipt this month was from the Comcast Cable in the amount of $195,838. This is the 2nd quarter payment for the franchise fee. . Fund 201 (Parks & Recreation): August 2017 actual receipts were $375,122 vs. prior year actual receipts of $371,192. Disbursements are consistent with normal operating costs. Fund 313 (Hall of Fame): Negative cash balance reflects a debt service payment of $633,000 made in July. Revenue will increase when property taxes are received later this year. Fund 377 (Professional Sports Development): Negative cash balance reflects a debt service payment of $359,515 made in July. Revenue will increase when state shared revenue is received later this year. Fund 701 (Fire Pension) and 702 (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 October 2017. For August 2017, cash interest received was $296,208 compared to $104,245 in August 2016. 2017 August. controllers cash report- Overview Page 2 of 6 City of South Bend Month of:August 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 $34,785,473.14$1,477,537.80$4,218,158.79$44,879.68$0.00$0.00$32,089,731.83$0.00$32,089,731.83$462,990.18 Special Revenue Funds 102 RAINY DAY FUND 10,243,140.54 0.00 0.00 12,585.47 0.00 0.00 10,255,726.01 0.00 10,255,726.01 0.00 201 PARKS & RECREATION 4,439,684.71 375,122.07 1,161,704.55 6,030.20 0.00 0.00 3,659,132.43 0.00 3,659,132.43 0.00 202 MOTOR VEHICLE HIGHWAY 6,649,566.45 530,976.95 798,877.93 8,369.98 0.00 0.00 6,390,035.45 0.00 6,390,035.45 0.00 203 RECREATION - NONREVERTING 943,622.90 95,930.40 168,555.95 1,180.10 0.00 0.00 872,177.45 0.00 872,177.45 0.00 209 STUDEBAKER/OLIVER REVERTING GRANTS 799,290.85 130,376.17 26,884.40 969.25 0.00 0.00 903,751.87 0.00 903,751.87 300,000.00 210 DEPT COMMUNITY INVESTMENT STATE GRANTS 353,005.50 2,696.04 0.00 433.73 0.00 0.00 356,135.27 0.00 356,135.27 0.00 211 DCI OPERATING FUND 917,935.32 57,568.50 184,553.08 1,254.57 0.00 0.00 792,205.31 0.00 792,205.31 0.00 212 DEPARTMENT OF COMMUNITY INVESTMENT 321,037.46 166,285.76 170,916.26 87.16 0.00 0.00 316,494.12 0.00 316,494.12 0.00 216 POLICE STATE SEIZURES 233,927.18 0.00 0.00 287.42 0.00 0.00 234,214.60 0.00 234,214.60 0.00 217 GIFT, DONATION, BEQUEST 140,517.27 1,523.20 36,179.10 202.54 0.00 0.00 106,063.91 0.00 106,063.91 0.00 218 POLICE CURFEW VIOLATIONS 12,760.94 12.50 0.00 15.67 0.00 0.00 12,789.11 0.00 12,789.11 0.00 219 UNSAFE BUILDING 330,893.48 22,296.52 103,230.96 0.00 0.00 0.00 249,959.04 0.00 249,959.04 0.00 220 LAW ENFORCEMENT CONTINUING EDUCATION 601,305.40 29,693.27 27,237.62 733.87 0.00 0.00 604,494.92 0.00 604,494.92 0.00 221 LANDLORD REGISTRATION 5,250.00 5.00 0.00 0.00 0.00 0.00 5,255.00 0.00 5,255.00 0.00 227 LOSS RECOVERY FUND 957,250.32 0.00 102,342.50 1,176.15 0.00 0.00 856,083.97 0.00 856,083.97 0.00 244 EMERGENCY TELEPHONE SYSTEM 28,962.74 0.26 28,963.00 0.00 0.00 0.00(0.00)0.00(0.00)0.00 249 PUBLIC SAFETY L.O.I.T.985,373.67 622,751.50 628,539.65 1,257.65 0.00 0.00 980,843.17 0.00 980,843.17 0.00 251 LOCAL ROADS & STREETS 2,889,259.61 41,939.06 199,161.08 3,668.62 0.00 0.00 2,735,706.21 0.00 2,735,706.21 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 2,958,105.41 100,000.00 56,275.94 3,670.38 0.00 0.00 3,005,499.85 0.00 3,005,499.85 0.00 258 HUMAN RIGHTS - FEDERAL GRANT 543,286.72 140.00 83,815.05 548.72 0.00 0.00 460,160.39 69,357.25 529,517.64 0.00 265 LOCAL ROAD & BRIDGE GRANT 1,999,936.12 0.00 0.00 0.00 0.00 0.00 1,999,936.12 0.00 1,999,936.12 0.00 271 EASTRACE WATERWAY 2.43 0.00 0.00 0.92 0.00 0.00 3.35 0.00 3.35 0.00 273 MORRIS PAC/PALAIS ROYALE MARKETING 48,694.55 0.00 0.00 59.71 0.00 0.00 48,754.26 0.00 48,754.26 0.00 280 POLICE BLOCK GRANTS 3,907.82 0.00 0.00 4.80 0.00 0.00 3,912.62 0.00 3,912.62 0.00 281 DEPT. COMMUNITY INVESTMENT - REV BONDS 27,771.62 0.00 0.00 34.13 0.00 0.00 27,805.75 0.00 27,805.75 0.00 289 HAZMAT 22,174.23 3,060.00 200.00 27.25 0.00 0.00 25,061.48 0.00 25,061.48 0.00 291 INDIANA RIVER RESCUE 144,203.03 0.00 15,612.56 185.54 0.00 0.00 128,776.01 0.00 128,776.01 0.00 292 POLICE GRANTS 71,041.10 0.00 21,735.00 0.00 0.00 0.00 49,306.10 0.00 49,306.10 0.00 294 REGIONAL POLICE ACADEMY 85,383.35 0.00 265.62 104.89 0.00 0.00 85,222.62 0.00 85,222.62 0.00 295 COPS MORE GRANT 153,110.42 803.19 46.98 187.43 0.00 0.00 154,054.06 0.00 154,054.06 0.00 299 POLICE FEDERAL DRUG ENFORCEMENT 176,483.84 33,175.00 10,175.00 201.35 0.00 0.00 199,685.19 0.00 199,685.19 0.00 404 COUNTY OPTION INCOME TAX 9,257,895.33 872,105.42 536,468.31 11,769.19 0.00 0.00 9,605,301.63 0.00 9,605,301.63 1,257,269.00 408 ECONOMIC DEVELOPMENT INCOME TAX 13,350,985.43 868,231.43 574,467.01 15,892.16 0.00 0.00 13,660,642.01 0.00 13,660,642.01 0.00 410 URBAN DEVELOPMENT ACTION GRANT (UDAG)501,309.95 0.00 0.00 628.53 0.00 0.00 501,938.48 0.00 501,938.48(1,257,269.00) 655 PROJECT RELEAF 891,905.88 37,794.28 2,751.48 1,089.49 0.00 0.00 928,038.17 0.00 928,038.17 0.00 705 POLICE K-9 UNIT 2,874.78 0.00 0.00 3.54 0.00 0.00 2,878.32 0.00 2,878.32 0.00 Total Special Revenue Funds 61,091,864.42 3,992,486.52 4,938,959.03 72,660.41 0.00 0.00 60,218,052.32 69,357.25 60,287,409.57 300,000.00 Debt Service Fund 313 HALL OF FAME DEBT SERVICE (497,054.73)0.00 0.00 14.24 0.00 0.00(497,040.49)0.00(497,040.49)0.00 755 SB BUILDING CORPORATION 651,156.78 1,323,750.00 0.00 242.21 0.00 0.00 1,975,148.99 0.00 1,975,148.99 0.00 757 PARKS BOND DEBT SERVICE 558,204.89 31,985.94 0.00 165.76 0.00 0.00 590,356.59 0.00 590,356.59 Capital Project Funds 377 PROFESSIONAL SPORTS DEVELOPMENT(172,308.88)0.00 0.00 212.90 0.00 0.00(172,095.98)0.00(172,095.98)0.00 401 COVELESKI STADIUM CAPITAL 76,445.21 0.00 1,443.61 94.51 0.00 0.00 75,096.11 0.00 75,096.11 0.00 403 ZOO ENDOWMENT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2017 August. controllers cash report - Controllers Cash Report Page 3 of 6 City of South Bend Month of:August 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 91,564.68 767.00 5,979.64 119.53 0.00 0.00 86,471.57 0.00 86,471.57 0.00 406 CUMULATIVE CAPITAL DEVELOPMENT 439,609.31 0.00 27,895.74 674.24 0.00 0.00 412,387.81 0.00 412,387.81 0.00 407 CUMULATIVE CAPITAL IMPROVEMENT 299,837.04 0.00 0.00 567.14 0.00 0.00 300,404.18 0.00 300,404.18 0.00 412 MAJOR MOVES CONSTRUCTION 2,707,265.70 246,054.00 148,431.57 3,432.30 0.00 0.00 2,808,320.43 0.00 2,808,320.43 3,189,107.50 416 MORRIS PERFORMING ARTS CENTER CAPITAL 638,397.43 1,840.00 2,703.99 776.32 0.00 0.00 638,309.76 0.00 638,309.76 0.00 450 PALAIS ROYALE HISTORIC PRESERVATION 100,674.66 2,815.34 627.00 121.96 0.00 0.00 102,984.96 0.00 102,984.96 0.00 677 HALL OF FAME CAPITAL FUND 466,407.63 0.00 3,993.29 575.84 0.00 0.00 462,990.18 0.00 462,990.18(462,990.18) 750 EQUIPMENT / VEHICLE LEASING 4,455,289.94 161,153.66 823,405.38 782.09 0.00 0.00 3,793,820.31 0.00 3,793,820.31 0.00 751 PARKS BOND CAPITAL 3,791,824.35 839.95 289,352.75 623.76 0.00 0.00 3,503,935.31 0.00 3,503,935.31 0.00 753 SMART STREET BOND CAPITAL 2,112,176.63 41,879.29 659,977.93 425.79 0.00 0.00 1,494,503.78 0.00 1,494,503.78 0.00 Total Capital & Debt Service Funds 15,719,490.64 1,811,085.18 1,963,810.90 8,828.59 0.00 0.00 15,575,593.51 0.00 15,575,593.51 2,726,117.32 Enterprise Funds 287 EMS CAPITAL 3,704,073.76 1,411,931.47 431,635.53 4,882.81 0.00 0.00 4,689,252.51 0.00 4,689,252.51 0.00 288 EMS OPERATING 1,726,543.89 635,221.17 511,234.85 5,160.64 0.00 0.00 1,855,690.85 0.00 1,855,690.85 0.00 600 CONSOLIDATED BUILDING DEPARTMENT 2,734,314.89 192,001.77 286,745.43 3,516.36 0.00 0.00 2,643,087.59 0.00 2,643,087.59 0.00 601 PARKING GARAGES 1,308,558.24 124,545.50 87,453.34 1,525.17 0.00 0.00 1,347,175.57 0.00 1,347,175.57(31,191.33) 610 SOLID WASTE OPERATIONS 370,608.58 464,050.70 404,768.92 494.82 0.00 200,000.00 230,385.18 0.00 230,385.18 0.00 611 SOLID WASTE CAPITAL 5,701.18 0.00 146,711.50 348.19 200,000.00 59,337.87 0.00 59,337.87 0.00 620 WATER WORKS OPERATIONS 3,382,282.33 1,791,876.92 1,629,487.62 3,426.72 6,038.37 328,000.00 3,226,136.72 0.00 3,226,136.72 0.00 622 WATER WORKS CAPITAL 2,204,815.66 0.00 8,110.11 2,761.61 0.00 0.00 2,199,467.16 0.00 2,199,467.16 0.00 624 WATER WORKS CUSTOMER DEPOSIT 1,504,134.24 20,821.73 22,421.85 1,851.31 0.00 1,851.31 1,502,534.12 0.00 1,502,534.12 0.00 625 WATER WORKS SINKING FUND 741,897.89 0.00 400.00 972.67 328,000.00 972.67 1,069,497.89 0.00 1,069,497.89 0.00 626 WATER WORKS BOND RESERVE 1,425,587.24 0.00 0.00 1,731.56 0.00 0.00 1,427,318.80 0.00 1,427,318.80 0.00 629 WATER WORKS RESERVE - O & M 2,613,999.68 0.00 0.00 3,214.39 0.00 3,214.39 2,613,999.68 0.00 2,613,999.68 0.00 640 SEWER REPAIR INSURANCE 1,824,968.89 54,334.81 50,934.46 2,233.43 0.00 0.00 1,830,602.67 0.00 1,830,602.67 0.00 641 SEWAGE WORKS OPERATIONS 14,311,939.52 3,526,774.43 2,263,540.94 17,459.02 6,336.71 1,262,797.50 14,336,171.24 0.00 14,336,171.24 0.00 642 SEWAGE WORKS CAPITAL 6,771,513.96 0.00 437,364.32 8,122.03 500,000.00 0.00 6,842,271.67 0.00 6,842,271.67 0.00 643 SEWAGE WORKS RESERVE - O & M 5,153,129.15 0.00 0.00 6,336.71 0.00 6,336.71 5,153,129.15 0.00 5,153,129.15 0.00 649 SEWAGE WORKS BOND SINKING 5,089,936.49 0.00 0.00 5,952.12 762,797.50 0.00 5,858,686.11 0.00 5,858,686.11 0.00 653 SEWAGE WORKS DEBT SERVICE RESERVE 4,120,584.11 0.00 0.00 2,423.02 0.00 0.00 4,123,007.13 0.00 4,123,007.13 0.00 659 2011 SEW ER BOND 144.52 0.00 0.00 0.18 0.00 0.00 144.70 0.00 144.70 0.00 661 2012 SEW ER BOND 1,705,733.40 0.00 641,811.68 2,175.50 0.00 0.00 1,066,097.22 0.00 1,066,097.22 0.00 670 CENTURY CENTER 1,934,531.79 64,245.80 138,569.24 0.00 0.00 82,167.00 1,778,041.35 0.00 1,778,041.35 0.00 671 CENTURY CENTER CAPITAL 866,489.59 0.00 0.00 73.60 0.00 0.00 866,563.19 0.00 866,563.19 0.00 672 CENTURY CENTER ENERGY SAVINGS 17,471.13 0.00 0.00 4.25 82,167.00 0.00 99,642.38 0.00 99,642.38 0.00 Total Enterprise Funds 63,518,960.13 8,285,804.30 7,061,189.79 74,666.11 1,885,339.58 1,885,339.58 64,818,240.75 0.00 64,818,240.75(31,191.33) Internal Service Funds 222 CENTRAL SERVICES 1,398,649.72 1,081,475.70 1,075,319.56 1,314.83 0.00 0.00 1,406,120.69 0.00 1,406,120.69 0.00 224 CENTRAL SERVICES CAPITAL 69,351.75 0.00 16,596.90 85.20 0.00 0.00 52,840.05 0.00 52,840.05 0.00 226 LIABILITY INSURANCE 4,180,869.32 241,179.00 114,002.69 5,353.56 0.00 0.00 4,313,399.19 0.00 4,313,399.19 0.00 278 TAKE HOME VEHICLE POLICE 756,877.47 220.00 0.00 929.77 0.00 0.00 758,027.24 0.00 758,027.24 0.00 279 311 CALL CENTER 1,081,037.37 430,725.87 271,677.72 0.00 0.00 0.00 1,240,085.52 0.00 1,240,085.52 0.00 711 SELF-FUNDED EMPLOYEE BENEFITS 8,570,886.09 1,497,519.32 1,584,749.37 10,798.21 0.00 0.00 8,494,454.25 0.00 8,494,454.25 0.00 713 UNEMPLOYMENT COMP FUND 247,723.96 0.00 3,827.00 309.61 0.00 0.00 244,206.57 0.00 244,206.57 0.00 Total Internal Service Funds 16,305,395.68 3,251,119.89 3,066,173.24 18,791.18 0.00 0.00 16,509,133.51 0.00 16,509,133.51 0.00 Trust & Agency Funds 701 FIREFIGHTERS PENSION (95,136.90)0.00 380,445.96 291.98 0.00 0.00(475,290.88)0.00(475,290.88)0.00 702 POLICE PENSION 313,734.51 119.63 507,885.29 929.24 0.00 0.00(193,101.91)0.00(193,101.91)0.00 2017 August. controllers cash report - Controllers Cash Report Page 4 of 6 City of South Bend Month of:August 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 8,305,631.22 8,305,631.22 0.00 0.00 0.00 0.00 0.00 0.00 0.00 718 STATE TAX DEDUCTION FUND 274,160.28 269,769.11 274,160.28 0.00 0.00 0.00 269,769.11 0.00 269,769.11 0.00 725 MORRIS / PALAIS BOX OFFICE 1,465,590.26 121,446.99 5,855.85 0.00 0.00 0.00 1,581,181.40 0.00 1,581,181.40 0.00 726 POLICE DISTRIBUTIONS PAY 836,378.92 5,399.34 0.00 0.00 0.00 0.00 841,778.26 0.00 841,778.26 0.00 730 CITY CEMETERY TRUST 28,969.13 0.00 0.00 35.59 0.00 0.00 29,004.72 0.00 29,004.72 0.00 Total Trust & Agency Funds 2,823,696.20 8,702,366.29 9,473,978.60 1,256.81 0.00 0.00 2,053,340.70 0.00 2,053,340.70 0.00 Total City Funds 194,244,880.21 27,520,399.98 30,722,270.35 221,082.78 1,885,339.58 1,885,339.58 191,264,092.62 69,357.25 191,333,449.87 3,457,916.17 Redevelopment Commission Controlled Funds Tax Increment Financing Funds 324 TIF RIVER WEST - AIRPORT 31,520,421.21 14,335.00 1,639,670.47 39,913.12 3,412.04 0.00 29,938,410.90 0.00 29,938,410.90(300,000.00) 422 TIF DISTRICT - WEST WASHINGTON 2,167,744.00 0.00 0.00 2,663.57 0.00 0.00 2,170,407.57 0.00 2,170,407.57 0.00 425 TIF LEIGHTON PLAZA 180,964.83 10,124.90 12,610.91 205.65 0.00 0.00 178,684.47 0.00 178,684.47 0.00 429 TIF RIVER EAST DEV (NE)8,122,063.24 151,941.30 169,609.57 9,997.87 0.00 0.00 8,114,392.84 0.00 8,114,392.84 0.00 430 TIF SOUTHSIDE DEVELOPMENT AREA #1 7,026,874.82 0.00 10,774.39 8,634.50 598.30 0.00 7,025,333.23 0.00 7,025,333.23 0.00 432 TIF SSDA #3 - ERSKINE VILLAGE 598.30 0.00 0.00 0.00 0.00 598.30(0.00)0.00(0.00)0.00 435 TIF DOUGLAS ROAD 225,430.76 0.00 185,608.00 277.12 0.00 0.00 40,099.88 0.00 40,099.88 436 TIF RIVER EAST RES (NE RE) 1,799,527.15 0.00 60,446.00 0.00 0.00 0.00 1,739,081.15 0.00 1,739,081.15(3,157,916.17) Total Tax Increment Financing Funds 51,043,624.31 176,401.20 2,078,719.34 61,691.83 4,010.34 598.30 49,206,410.04 0.00 49,206,410.04(3,457,916.17) Redevelopment Funds 433 REDEVELOPMENT ADMINISTRATION GENERAL 7,366.54 0.00 0.00 9.05 0.00 0.00 7,375.59 0.00 7,375.59 0.00 439 CERTIFIED TECHNOLOGY PARK 358,809.28 252,625.00 0.00 440.86 0.00 0.00 611,875.14 0.00 611,875.14 0.00 454 AIRPORT URBAN ENTERPRISE ZONE 385,305.72 0.00 0.00 473.41 0.00 0.00 385,779.13 0.00 385,779.13 0.00 754 INDUSTRIAL REVOLVING FUND 2,800,322.00 15,116.00 244,285.00 7,961.00 0.00 0.00 2,579,114.00 233,471.00 2,812,585.00 0.00 Total Redevelopment Funds 3,551,803.54 267,741.00 244,285.00 8,884.32 0.00 0.00 1,005,029.86 233,471.00 3,817,614.86 0.00 Debt Service Funds 315 AIRPORT 2003 DEBT RESERVE 1,038,904.00 0.00 0.00 1,277.52 0.00 1,277.52 1,038,904.00 0.00 1,038,904.00 0.00 317 COVELESKI BOND DEBT RESERVE 515,423.73 0.00 0.00 633.29 0.00 0.00 516,057.02 0.00 516,057.02 0.00 328 SBCDA 2003 DEBT RESERVE 1,735,840.00 0.00 0.00 2,134.52 0.00 2,134.52 1,735,840.00 0.00 1,735,840.00 0.00 752 SB REVELOPMENT AUTHORITY 355,172.43 1,484,000.00 0.00 222.44 0.00 0.00 1,839,394.87 0.00 1,839,394.87 0.00 756 SMARTS STREETS DEBT SERVICE 1,715,081.52 856,500.00 0.00 281.93 0.00 0.00 2,571,863.45 0.00 2,571,863.45 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 5,360,421.68 2,340,500.00 0.00 4,549.70 0.00 3,412.04 7,702,059.34 0.00 7,702,059.34 0.00 Total Redevelopment Commission Funds 59,955,849.53 2,784,642.20 2,323,004.34 75,125.85 4,010.34 4,010.34 57,913,499.24 233,471.00 60,726,084.24(3,457,916.17) City Operations Total 254,200,729.74 30,305,042.18 33,045,274.69 296,208.63 1,889,349.92 1,889,349.92 249,177,591.86 302,828.25 252,059,534.11 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 174,652,000.17 139,959.02 0.00 37,257.06 0.00 213,294.38 174,615,921.87 174,615,921.87 2017 August. controllers cash report - Controllers Cash Report Page 5 of 6 City of South Bend Period Ending:August 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 222,138,960.78 225,941,008.48 - 235,528,939.37 205,196,493.96 xxxx 1st Source Payroll(245,001.43) (263,461.35) - (397,035.65) (235,676.48) xxxx 1st Source Disbursement(1,579,165.07) (1,114,001.71) - (1,120,615.16) (1,453,213.71) xxxx 1st Source Police Grant 299 199,685.19 176,483.84 - 176,302.25 178,979.40 xxxx 1st Source Benefits 27,819.12 27,784.22 - 27,752.49 27,675.05 xxxx 1st Source Section 108-8 Loan 131,405.67 131,257.71 - 131,126.76 130,783.87 xxxx 1st Source Blight Elimination Program 1,013,102.78 1,013,102.78 - 1,013,102.78 1,013,102.78 xxxx Key Bank Century Center Capital 866,563.19 866,489.59 - 866,416.01 866,200.02 xxxx 1st Source Variance(1,854.39) 62.91 - (55.72) 490.67 City Cash Total 222,551,515.84 226,778,726.47 - 236,225,933.13 205,724,835.56 Century Center Controlled Accounts xxxx Key Bank Operating / Petty Cash 1,570,711.34 1,791,447.58 - 1,408,714.40 1,682,254.29 xxxx Key Bank Payroll 79,586.56 19,713.05 - 32,653.01 34,535.02 xxxx Key Bank Event / Capital 127,743.45 123,371.16 - 121,571.52 78,135.07 xxxx Key Bank Energy Savings 50,115.33 50,111.08 - 50,106.82 50,094.33 CC Cash Total 1,828,156.68 1,984,642.87 - 1,613,045.75 1,845,018.71 Cash on hand with other financial institutions Fund 101 Cash with Fiscal Agent 100,685.21 100,685.21 - 100,685.21 100,685.21 Fund 258 Cash with Fiscal Agent 9,347.96 9,347.96 - 9,347.96 9,347.96 Fund 258 Cash with Fiscal Agent 69,357.25 69,357.25 - 69,315.05 69,315.05 Fund 313 Cash with Fiscal Agent 22,754.08 22,739.84 - 22,727.38 22,697.52 Fund 324 Cash with Fiscal Agent 2,487,557.50 2,487,557.50 - 2,487,557.50 2,499,985.00 Fund 425 Cash with Fiscal Agent 11,147.24 13,633.20 - 12,468.07 36,278.59 Fund 600 Cash with Fiscal Agent 322.00 322.00 - 322.00 322.00 Fund 619 Cash with Fiscal Agent- - - - - Fund 626 Cash with Fiscal Agent 32,268.92 32,249.32 - 32,231.74 32,193.36 Fund 653 Cash with Fiscal Agent 4,123,007.13 4,120,584.11 - 4,118,409.82 4,113,764.41 Fund 725 Cash with Fiscal Agent 1,581,181.40 1,465,590.26 - 1,473,423.43 1,559,680.59 Fund 726 Cash with Fiscal Agent 841,778.26 836,378.92 - 829,725.00 795,312.24 Fund 750 Cash with Fiscal Agent 3,632,666.65 4,294,136.28 - 4,293,392.50 1,705,940.94 Fund 751 Cash with Fiscal Agent 3,503,935.31 3,792,664.30 - 3,794,257.19 4,063,750.23 Fund 752 Cash with Fiscal Agent 1,839,394.87 355,172.43 - 354,977.90 502,462.47 Fund 753 Cash with Fiscal Agent 1,474,503.78 2,112,176.63 - 3,188,667.26 4,658,177.82 Fund 754 Cash with Fiscal Agent 2,812,585.00 2,800,322.00 2,778,643.00 2,724,543.00 Fund 755 Cash with Fiscal Agent 1,975,148.99 651,156.78 - 651,465.95 651,114.77 Fund 756 Cash with Fiscal Agent 2,571,863.45 1,715,081.52 - 1,714,790.24 1,714,097.47 Fund 757 Cash with Fiscal Agent 590,356.59 558,204.89 - 558,066.48 428,664.14 Fund 758 Cash with Fiscal Agent- - - - - xx Cash Total 27,679,861.59 25,437,360.40 - 26,490,473.68 25,688,332.77 Total Cash on Hand per Controller's Cash Report 252,059,534.11 254,200,729.74 - 264,329,452.56 233,258,187.04 2017 August. controllers cash r eport - Cash Balances Pag e 6 of 6