The URL can be used to link to this page

Home My WebLink About2019-06 Departmental Financial ReportPeriod Ending: Issued By: City of South Bend Monthly Departmental Financial Report Page(s)Contents 2 Fund Guide 3 Narrative 4 - 7 Summaries 8 - 22 General Fund Departments 23 - 58 Special Revenue Funds 59 - 64 City Debt Service Funds 65 - 79 City Capital Funds 80 - 103 Enterprise Funds 104 - 111 Internal Service Funds 112 - 115 Trust Funds 116 - 121 Tax Increment Financing Funds 122 - 126 Redevelopment Commission Funds 127 - 132 Redevelopment Debt Service Funds Distribution Mayor Chief of Staff Deputy Chief of Staff Pete Buttigieg Laura O'Sullivan Genevieve Miller Common Council Department Heads Fiscal Officers June 30, 2019 Controller Page # General Fund Page # Enterprise Funds 8 101 General Fund 80 287 Emergency Medical Services Capital 81 288 Emergency Medical Services Operating General Fund Departments 82 600 Consolidated Building Fund 9 101-0101 Mayor 83 601 Parking Garages 10 101-0201 City Clerk 84 610 Solid Waste Operations 11 101-0301 Common Council 85 611 Solid Waste Capital 12 101-0302 WNIT Contract 86 620 Water Works Operations 13 101-0401 Administration & Finance 87 622 Water Works Capital 14 101-0404 Morris Performing Arts Center 88 624 Water Works Customer Deposit 15 101-0405 Palais Royale Ballroom 89 625 Water Works Sinking 16 101-0501 Legal Department 90 626 Water Works Bond Reserve 17 101-0602 Engineering 91 629 Water Works Reserve Operations & Maintenance 18 101-0616 Office of Sustainability 92 640 Sewer Repair Insurance 19 101-0628 AmeriCorps Grant Program 93 641 Sewage Works Operations 20 101-0801 Police Department 94 642 Sewage Works Capital 21 101-0901 Fire Department 95 643 Sewage Works Reserve Operations & Maint. 22 101-1008 Human Rights 96 649 Sewage Sinking 97 653 Sewage Debt Service Reserve Special Revenue Funds 98 659 Sewer Bond 2011 23 102 Rainy Day 99 661 Sewer Bond 2012 24 201 Parks & Recreation 100 667 Storm Sewer Fund 25 202 Motor Vehicle Highway 101 670 Century Center 26 203 Recreation Nonreverting 102 671 Century Center Capital 27 209 Studebaker-Oliver Revitalizing Grants 103 672 Century Center Energy Conservation Debt Svc 28 210 Economic Development State Grants 29 211 Department of Community Investment (DCI)Internal Service Funds 30 212 Dept of Community Investment Grants 104 222 Central Services 31 216 Police State Seizures 105 224 Central Services Capital 32 217 Gift, Donation, Bequest 106 226 Liability Insurance 33 218 Police Curfew Violations 107 278 Take Home Vehicle Police 34 219 Unsafe Building 108 279 IT / Innovation / 311 Call Center 35 220 Law Enforcement Continuing Education 109 711 Self-Funded Employee Benefits 36 221 Landlord Registration 110 713 Unemployment Compensation 37 227 Loss Recovery 111 714 Parental Leave 38 249 Public Safety LOIT 39 251 Local Roads & Streets Trust Funds 40 257 LOIT Special Distribution 112 701 Firefighters Pension 41 258 Human Rights Federal Grant 113 702 Police Pension 42 265 Local Road & Bridge Grant 114 730 City Cemetery 43 266 MVH Restricted Fund 115 731 Bowman Cemetery 44 273 Morris PAC / Palais Royale Marketing 45 274 Morris PAC Self-Promotion Tax Increment Financing Funds 46 280 Police Block Grants 116 324 TIF - River West Development Area (Airport) 47 281 Economic Develop Commission-Revenue Bonds 117 422 TIF - West Washington 48 289 HAZMAT 118 429 TIF - River East Development Area (NE Dev) 49 291 Indiana River Rescue 119 430 TIF - Southside Development #1 50 292 Police Grants 120 435 TIF - Douglas Road 51 294 Regional Police Academy 121 436 TIF - River East Residential (NE Res) 52 295 COPS MORE Grant 53 299 Police Federal Drug Enforcement Redevelopment Commission Funds 54 404 County Option Income Tax 122 425 Redevelopment Retail Area (Leighton Plaza) 55 408 Economic Development Income Tax 123 433 Redevelopment General 56 410 Urban Development Action Grant 124 439 Certified Technology Park 57 655 Project Releaf 125 454 Airport Urban Enterprise Zone 58 705 Police K-9 Unit 126 754 Industrial Revolving Fund City Debt Service Funds Redevelopment Debt Service Funds 59 312 2017 Parks Bond Debt Service 127 315 Redevelopment Bond - Airport Taxable 60 313 Football Hall of Fame Debt Service 128 317 Coveleski Debt Service Reserve 61 377 Professional Sports Development 129 328 Redevelopment Bond - Palais Royale 62 755 South Bend Building Corp 130 351 2018 TIF Park Bond Debt Service Reserve 63 757 2015 Parks Bond Debt Service 131 752 South Bend Redevelopment Authority 64 760 Eddy Street Commons Debt Service 132 756 Smart Streets Debt Service City Capital Funds 65 401 Coveleski Stadium Capital 66 405 Park Nonreverting Capital 67 406 Cumulative Capital Development 68 407 Cumulative Capital Improvement 69 412 Major Moves Construction 70 416 Morris Performing Arts Center Capital 71 450 Palais Royale Historic Preservation 72 451 2018 Fire Station #9 Capital 73 452 2018 TIF Park Bond Capital 74 471 2017 Parks Bond Capital 75 677 Football Hall of Fame Capital 76 750 Equipment/Vehicle Leasing 77 751 2015 Parks Bond Capital 78 753 Smart Streets Bond Capital 79 759 Eddy Street Commons Capital 2 June 2019 Monthly Departmental Financial Report The City of South Bend developed the attached Monthly Departmental Financial Report to provide current year financial information for each City fund, as well as individual departments within the General Fund, in a condensed format. Information is provided for revenue, expenditures, encumbrances, cash balances, and staffing levels. Also included in this report are text boxes that provide an explanation of revenues, expenditures, staffing, and spending on major capital projects. The staff of the Department of Administration & Finance publishes this consolidated report no later than 30 days after the end of the reporting period. The Monthly Departmental Financial Report supplements—but does not replace—other financial reports the City prepares such as the Monthly Cash Report, Monthly Financial Report, the Department of Local Government Finance’s Annual Financial Report (AFR), or the Comprehensive Annual Financial Report (CAFR). Summary Trends & Observations As of June 30, 2019, total revenue for the year was $184,981,157, 52% of estimated revenue. As of June 30, 2018, total revenue received was $195,914,201. Property taxes are received in June and December each year and are budgeted at $78 million for 2019. Local income tax (LOIT, COIT and EDIT) receipts are budgeted to be $32,412,051 in 2019, to be received in monthly installments of $2.7 million. As of June 30, 2019, total expenditures were $183,152,299 and outstanding encumbrances were $76,367,189, a total of $259,519,488 which represents 55% of the amended expenditure budget. Encumbrances are either holdovers from previous years or obligations for the remainder of the year. If encumbrances were excluded, expenditures were 38% of the amended expenditure budget at the end of the period. Total expenditures, excluding encumbrances, were $156,651,024 as of June 30, 2018. We hope that you find this Monthly Departmental Financial Report useful in better understanding the finances of the City of South Bend. If you have any questions regarding this report, please contact the Department of Administration & Finance by calling 311. 3 City of South Bend Monthly Department Financial Report REVENUE SUMMARY June 30, 2019 Values Fund Type Dept Name Current Amended Budget Current Month Actual Current YTD Actual Prior YTD Actual Budget Balance Percent of Budget City Funds General Fund 65,047,755 26,332,229 34,222,978 32,171,535 30,824,777 53% Special Revenue 102 Rainy Day 168,000 24,031 122,246 82,803 45,754 73% 201 Parks & Recreation 19,516,971 6,278,055 10,268,990 7,699,525 9,247,981 53% 202 Motor Vehicle Highway 7,521,079 1,305,281 3,833,214 5,608,360 3,687,865 51% 203 Recreation Nonreverting - - - 555,059 - 0% 209 Studebaker-Oliver Revitalizing Grants 125,000 1,982 10,441 47,212 114,559 8% 210 Economic Development State Grants 746,968 265 37,733 23,607 709,235 5% 211 Department of Community Investment (DCI)3,065,225 604,855 1,276,888 1,207,525 1,788,337 42% 212 Dept of Community Investment Grants 9,157,304 92,821 906,656 1,277,896 8,250,648 10% 216 Police State Seizures 34,400 708 3,920 9,092 30,480 11% 217 Gift, Donation, Bequest 599,393 363,069 570,086 52,520 29,307 95% 218 Police Curfew Violations 500 43 178 153 322 36% 219 Unsafe Building 956,891 198,470 459,110 398,836 497,781 48% 220 Law Enforcement Continuing Education 320,618 16,433 159,631 124,511 160,987 50% 221 Landlord Registration 4,180 1,273 1,568 349 2,612 38% 227 Loss Recovery 11,400 1,366 7,218 6,112 4,182 63% 249 Public Safety LOIT 8,594,555 720,030 4,950,842 4,678,945 3,643,713 58% 251 Local Roads & Streets 4,620,689 796,110 2,347,726 1,620,244 2,272,963 51% 257 LOIT Special Distribution 319,953 17,202 98,912 745,464 221,041 31% 258 Human Rights Federal Grant 172,400 (9,988) 83,044 69,258 89,356 48% 265 Local Road & Bridge Grant 1,206,000 756 3,862 3,249 1,202,138 0% 266 MVH Restricted Fund 3,149,515 283,202 1,634,962 - 1,514,553 52% 273 Morris PAC / Palais Royale Marketing 16,200 1,354 11,661 6,336 4,539 72% 274 Morris PAC Self-Promotion 127,100 1,377 49,204 63,845 77,896 39% 280 Police Block Grants 70 9 47 32 23 67% 281 Economic Develop Commission-Revenue Bonds - - - 225 - 0% 289 HAZMAT 10,420 64 9,628 220 792 92% 291 Indiana River Rescue 128,445 2,522 102,489 42,607 25,956 80% 294 Regional Police Academy 23,800 435 18,909 21,713 4,891 79% 295 COPS MORE Grant 97,350 1,076 11,212 46,563 86,138 12% 299 Police Federal Drug Enforcement 53,600 290 1,802 7,330 51,798 3% 404 County Option Income Tax 13,379,883 1,040,816 7,920,846 7,362,478 5,459,037 59% 408 Economic Development Income Tax 12,608,541 1,006,627 7,400,209 7,568,610 5,208,332 59% 410 Urban Development Action Grant 46,240 50 22,871 22,400 23,369 49% 655 Project Releaf 454,489 38,766 230,931 229,983 223,558 51% 705 Police K-9 Unit 2,060 5 27 23 2,033 1% Special Revenue Total 87,239,239 12,789,353 42,557,066 39,583,085 44,682,176 49% City Debt Service 312 2017 Parks Bond Debt Service 1,139,404 665,212 665,415 404,543 473,989 58% 313 Football Hall of Fame Debt Service 27 - 27 248,685 - 99% 350 2018 Fire Station #9 Debt Service 321,707 - 151,416 - 170,291 47% 755 South Bend Building Corp 2,645,750 1,118 1,329,068 1,326,969 1,316,682 50% 757 2015 Parks Bond Debt Service 381,931 31,910 191,801 157,372 190,130 50% 760 Eddy Street Commons Debt Service 1,304,625 852 653,642 630,642 650,983 50% City Debt Service Total 5,793,444 699,093 2,991,368 2,768,211 2,802,075 52% Capital Project 377 Professional Sports Development 546,719 - 532,504 37 14,215 97% 401 Coveleski Stadium Capital 44,350 21 529 439 43,821 1% 405 Park Nonreverting Capital - - - 3,744 - 0% 406 Cumulative Capital Development 477,844 265,827 269,807 262,628 208,037 56% 407 Cumulative Capital Improvement 239,796 112,642 116,728 114,291 123,068 49% 412 Major Moves Construction 559,307 11,063 297,916 330,800 261,391 53% 416 Morris Performing Arts Center Capital 145,000 1,973 52,378 67,466 92,622 36% 450 Palais Royale Historic Preservation 21,200 1,797 7,653 9,906 13,547 36% 451 2018 Fire Station #9 Capital 50,000 4,131 30,839 5,017,778 19,161 62% 452 2018 TIF Park Bond Capital 200,000 18,043 108,359 11,007,782 91,641 54% 453 2018 Zoo Bond Capital 36,000 2,505 15,575 - 20,425 43% 471 2017 Parks Bond Capital 255,000 26,104 141,089 54,928 113,911 55% 677 Football Hall of Fame Capital 2,312 - 2,311 3,542 1 100% 750 Equipment/Vehicle Leasing 2,051,625 1,211 11,856 6,220,143 2,039,769 1% 751 2015 Parks Bond Capital 1,000 97 568 2,287 432 57% 753 Smart Streets Bond Capital 500 17 85 890 415 17% 759 Eddy Street Commons Capital 2,000 6 32 51 1,968 2% Capital Project Total 4,632,653 445,438 1,588,230 23,096,712 3,044,424 34% Enterprise 287 Emergency Medical Services Capital 1,193,195 143,711 318,708 1,679,747 874,487 27% 288 Emergency Medical Services Operating 6,241,320 713,553 3,353,053 3,033,179 2,888,267 54% 600 Consolidated Building Fund 4,824,097 807,055 2,207,343 1,516,143 2,616,754 46% 601 Parking Garages 1,318,482 95,199 489,055 651,139 829,427 37% 610 Solid Waste Operations 5,527,485 465,675 2,706,470 2,719,839 2,821,015 49% 611 Solid Waste Capital 1,135,416 200,746 831,280 582,353 304,136 73% 620 Water Works Operations 20,936,939 1,761,910 8,903,257 7,473,193 12,033,683 43% 622 Water Works Capital 3,376,000 283,768 1,680,736 38,870 1,695,264 50% 624 Water Works Customer Deposit 22,000 3,403 17,458 12,200 4,542 79% 625 Water Works Sinking 2,029,541 169,873 1,019,537 997,386 1,010,004 50% 626 Water Works Bond Reserve 22,000 3,251 16,586 11,383 5,414 75% 629 Water Works Reserve Operations & Maintenance 266,552 6,602 258,434 73,482 8,118 97% 640 Sewer Repair Insurance 675,363 58,952 350,415 335,239 324,948 52% 641 Sewage Works Operations 38,311,617 3,334,186 19,798,341 19,791,513 18,513,276 52% 642 Sewage Works Capital 5,405,000 38,542 5,185,311 3,112,506 219,689 96% 643 Sewage Works Reserve Operations & Maint.270,717 12,656 215,758 280,426 54,959 80% 649 Sewage Sinking 7,816,676 4,547,323 7,807,444 5,359,293 9,232 100% 653 Sewage Debt Service Reserve 42,000 7,902 39,049 21,636 2,951 93% 659 Sewer Bond 2011 - - - 1 - 0% 661 Sewer Bond 2012 - - - 3,208 - 0% 667 Storm Sewer Fund 600,000 6,723 6,723 - 593,277 1% 670 Century Center 4,554,382 282,721 2,149,225 1,834,883 2,405,157 47% 671 Century Center Capital 189,475 1,064 6,401 427 183,074 3% 672 Century Center Energy Conservation Debt Svc 431,387 71 289,344 276,530 142,043 67% 4 City of South Bend Monthly Department Financial Report REVENUE SUMMARY June 30, 2019 Values Fund Type Dept Name Current Amended Budget Current Month Actual Current YTD Actual Prior YTD Actual Budget Balance Percent of Budget Enterprise Total 105,189,644 12,944,885 57,649,928 49,804,577 47,539,717 55% Internal Service 222 Central Services 12,969,460 2,897,702 6,641,121 4,223,339 6,328,339 51% 224 Central Services Capital 377,100 317 1,754 1,325 375,346 0% 226 Liability Insurance 4,911,901 955,165 2,917,980 1,088,115 1,993,921 59% 278 Take Home Vehicle Police 17,700 2,207 11,410 7,501 6,290 64% 279 IT / Innovation / 311 Call Center 8,155,355 674,939 4,132,723 3,527,100 4,022,632 51% 711 Self-Funded Employee Benefits 13,368,654 1,117,127 6,846,481 9,210,094 6,522,173 51% 713 Unemployment Compensation 3,400 427 2,345 1,789 1,055 69% 714 Parental Leave 174,496 12,305 80,174 83,934 94,322 46% Internal Service Total 39,978,066 5,660,189 20,633,987 18,143,196 19,344,078 52% Trust & Agency 701 Firefighters Pension 5,219,138 2,235,497 2,237,141 2,246,908 2,981,997 43% 702 Police Pension 6,370,200 3,058,184 3,064,920 3,118,384 3,305,280 48% 730 City Cemetery 620 67 339 229 281 55% 731 Bowman Cemetery 8,000 1,044 5,323 - 2,677 67% Trust & Agency Total 11,597,958 5,294,791 5,307,723 5,365,522 6,290,235 46% City Funds Total 319,478,759 64,165,979 164,951,280 170,932,838 154,527,482 52% Redevelopment Commission Controlled Funds Tax Increment Financing 324 TIF - River West Development Area (Airport)18,040,241 10,708,842 11,233,760 15,569,505 6,806,481 62% 422 TIF - West Washington 354,425 147,877 164,448 191,420 189,977 46% 429 TIF - River East Development Area (NE Dev)3,035,805 1,662,985 1,761,682 1,581,631 1,274,123 58% 430 TIF - Southside Development #1 2,421,283 1,423,205 1,507,586 1,320,785 913,697 62% 435 TIF - Douglas Road 3,724 467 2,384 1,504 1,340 64% 436 TIF - River East Residential (NE Res)4,603,923 2,800,579 2,815,789 2,621,588 1,788,134 61% Tax Increment Financing Total 28,459,401 16,743,954 17,485,650 21,286,433 10,973,752 61% Redevelopment 425 Revelopment Retail Area (Leighton Plaza)293 - 292 40,241 1 100% 433 Redevelopment General 1,085,356 21,075 56,216 60 1,029,140 5% 439 Certified Technology Park 8,487 1,433 7,292 4,939 1,195 86% 454 Airport Urban Enterprise Zone 6,000 904 4,598 3,115 1,402 77% 754 Industrial Revolving Fund 227,680 24,849 134,869 85,279 92,811 59% Redevelopment Total 1,327,816 48,261 203,267 133,633 1,124,549 15% Debt Service 315 Redevelopment Bond - Airport Taxable 19,000 2,372 12,107 8,352 6,893 64% 317 Coveleski Debt Service Reserve 3,086 - 1,076 4,167 2,011 35% 328 Redevelopment Bond - Palais Royale 40,000 3,966 20,240 13,964 19,760 51% 351 2018 TIF Park Bond Debt Service 20,000 2,281 11,606 993,495 8,394 58% 752 South Bend Redevelopment Authority 2,874,500 582 1,436,164 1,683,255 1,438,336 50% 756 Smart Streets Debt Service 1,719,500 427 859,767 858,068 859,733 50% Debt Service Total 4,676,086 9,628 2,340,960 3,561,300 2,335,127 50% Redevelopment Commission Controlled Funds Total 34,463,303 16,801,843 20,029,877 24,981,366 14,433,428 58% Grand Total 353,942,062 80,967,821 184,981,157 195,914,204 168,960,910 52% 5 City of South Bend Monthly Department Financial Report EXPENDITURE SUMMARY June 30, 2019 Values Fund Type Department Name Current Amended Budget Current Month Actual Current YTD Actual Prior YTD Actual Current Encumbrances Budget Balance Percent of Budget* City Funds General Fund 101-0101 Mayor's Office 894,679 69,561 452,314 441,410 164 442,201 51% 101-0201 City Clerk 546,269 38,408 249,461 262,559 21,149 275,659 50% 101-0301 Common Council 643,595 41,702 253,688 281,634 131,587 258,320 60% 101-0302 WNIT Contract 43,000 - 43,000 43,000 - - 100% 101-0401 Administration & Finance 2,572,551 190,083 1,178,693 1,196,486 30,095 1,363,762 47% 101-0404 Morris Performing Arts Center 1,344,127 76,071 528,384 468,337 58,748 756,995 44% 101-0405 Palais Royale 481,432 36,613 200,644 186,613 26,622 254,166 47% 101-0501 Legal Department 1,279,018 91,885 564,780 513,920 472 713,766 44% 101-0602 Engineering 3,220,121 223,637 1,428,525 727,177 155,921 1,635,675 49% 101-0616 Office of Sustainability 278,815 22,440 98,007 - 25,000 155,808 44% 101-0628 AmeriCorps Grant Program 713,239 42,738 131,519 - 29,847 551,874 23% 101-0801 Police Department 31,434,904 2,251,350 15,049,284 14,817,363 361,413 16,024,207 49% 101-0901 Fire Department 21,801,520 1,779,514 10,575,193 10,728,139 288,821 10,937,506 50% 101-1008 Human Rights 385,706 (13,055) 120,416 201,062 24,789 240,501 38% General Fund Total 65,638,976 4,850,949 30,873,907 29,867,700 1,154,628 33,610,441 49% Special Revenue 201 Parks & Recreation 22,434,102 1,100,764 9,481,949 6,603,838 4,220,183 8,731,970 61% 202 Motor Vehicle Highway 12,169,611 1,217,521 5,863,927 4,422,682 1,385,478 4,920,206 60% 203 Recreation Nonreverting - - - 450,171 - - 0% 209 Studebaker-Oliver Revitalizing Grants 1,011,251 - 98,672 47,205 166,184 746,395 26% 210 Economic Development State Grants 1,055,868 22,884 290,414 36,005 70,135 695,319 34% 211 Department of Community Investment (DCI)3,152,666 209,303 1,333,099 1,424,858 111,806 1,707,761 46% 212 Dept of Community Investment Grants 7,944,915 130,593 902,672 1,314,780 2,133,348 4,908,896 38% 216 Police State Seizures 32,000 - - - - 32,000 0% 217 Gift, Donation, Bequest 114,126 17,315 72,351 8,658 99,999 (58,224) 151% 218 Police Curfew Violations 1,000 - - - - 1,000 0% 219 Unsafe Building 1,043,437 54,260 286,841 288,939 105,548 651,048 38% 220 Law Enforcement Continuing Education 517,546 20,461 205,204 138,043 54,382 257,960 50% 221 Landlord Registration 500 - - 5 - 500 0% 227 Loss Recovery 272,506 - 37,311 154,559 11,406 223,790 18% 249 Public Safety LOIT 8,566,555 715,447 3,394,076 3,977,361 - 5,172,479 40% 251 Local Roads & Streets 7,094,710 250,779 707,665 653,621 805,352 5,581,693 21% 257 LOIT Special Distribution 901,263 30,351 424,965 490,151 435,307 40,991 95% 258 Human Rights Federal Grant 234,988 116,625 167,876 72,451 11,739 55,373 76% 265 Local Road & Bridge Grant 1,283,291 - 798 407,491 82,493 1,200,000 6% 266 MVH Restricted Fund 3,148,615 217,746 286,496 - 244,226 2,617,893 17% 273 Morris PAC / Palais Royale Marketing 30,000 1,434 1,434 2,858 3,815 24,751 17% 274 Morris PAC Self-Promotion 75,000 - - - - 75,000 0% 281 Economic Develop Commission-Revenue Bonds - - - - - - 0% 289 HAZMAT 10,472 - 529 - - 9,943 5% 291 Indiana River Rescue 135,265 2,667 21,211 14,513 3,800 110,254 18% 292 Police Grants - - - - - - 0% 294 Regional Police Academy 22,500 419 3,278 9,173 747 18,475 18% 295 COPS MORE Grant 133,554 960 58,074 63,870 24,567 50,912 62% 299 Police Federal Drug Enforcement 51,000 21,000 43,499 - - 7,501 85% 404 County Option Income Tax 17,008,428 1,677,634 6,756,633 4,871,998 2,145,080 8,106,715 52% 408 Economic Development Income Tax 14,203,202 1,669,496 5,102,424 4,733,527 3,547,331 5,553,447 61% 410 Urban Development Action Grant 60,000 - 30,000 65,415 - 30,000 50% 655 Project Releaf 674,962 140,841 307,080 318,308 - 367,882 45% 705 Police K-9 Unit 2,020 - - - - 2,020 0% Special Revenue Total 103,385,353 7,618,500 35,878,477 30,570,479 15,662,925 51,843,951 50% City Debt Service 312 2017 Parks Bond Debt Service 1,181,143 - 583,383 - 597,758 3 100% 313 Football Hall of Fame Debt Service 97,077 - 97,077 631,315 - 0 100% 350 2018 Fire Station #9 Debt Service 321,707 - 151,416 - - 170,291 47% 755 South Bend Building Corp 2,634,750 - 1,435,119 1,434,131 - 1,199,631 54% 757 2015 Parks Bond Debt Service 383,732 - 192,191 190,341 - 191,541 50% 760 Eddy Street Commons Debt Service 1,299,125 - 649,375 628,472 - 649,750 50% City Debt Service Total 5,917,534 - 3,108,559 2,884,259 597,758 2,211,217 63% Capital Project 377 Professional Sports Development 533,304 - 532,504 462,190 - 800 100% 401 Coveleski Stadium Capital 104,622 - 64,622 - - 40,000 62% 405 Park Nonreverting Capital - - - 65,283 - - 0% 406 Cumulative Capital Development 818,121 - 245,368 233,838 414,230 158,523 81% 407 Cumulative Capital Improvement 28,000 - - 249,500 - 28,000 0% 412 Major Moves Construction 2,641,236 18,964 303,571 471,960 1,181,162 1,156,502 56% 416 Morris Performing Arts Center Capital 225,462 994 21,355 83,915 25,925 178,182 21% 450 Palais Royale Historic Preservation 111,967 - 31,537 - 7,242 73,188 35% 451 2018 Fire Station #9 Capital 3,232,757 - 2,054,101 138,575 1,178,657 (0) 100% 452 2018 TIF Park Bond Capital 10,426,145 - 2,763,916 198,370 2,065,978 5,596,251 46% 453 2018 Zoo Bond Capital 3,300,000 331,790 1,487,990 - - 1,812,010 45% 471 2017 Parks Bond Capital 6,707,066 55,611 1,869,924 387,030 1,740,908 3,096,234 54% 677 Football Hall of Fame Capital 3,514 - - 24,168 - 3,514 0% 750 Equipment/Vehicle Leasing 3,032,750 135,000 1,840,355 2,317,729 1,387,466 (195,070) 106% 751 2015 Parks Bond Capital 474,187 4,150 96,332 1,576,818 385,441 (7,585) 102% 753 Smart Streets Bond Capital 70,000 - - 851,610 - 70,000 0% 759 Eddy Street Commons Capital 7,650,241 727,629 1,519,360 - - 6,130,881 20% Capital Project Total 39,359,372 1,274,138 12,830,934 7,060,986 8,387,007 18,141,430 54% 6 City of South Bend Monthly Department Financial Report EXPENDITURE SUMMARY June 30, 2019 Values Fund Type Department Name Current Amended Budget Current Month Actual Current YTD Actual Prior YTD Actual Current Encumbrances Budget Balance Percent of Budget* Enterprise 287 Emergency Medical Services Capital 4,462,275 175,518 1,699,305 1,201,449 944,522 1,818,448 59% 288 Emergency Medical Services Operating 6,430,669 479,552 3,103,175 2,820,094 103,894 3,223,600 50% 600 Consolidated Building Fund 4,968,302 366,807 2,166,316 2,004,519 230,861 2,571,125 48% 601 Parking Garages 1,976,900 45,038 708,699 551,812 34,390 1,233,811 38% 610 Solid Waste Operations 5,529,983 568,901 2,920,936 2,898,972 388,359 2,220,688 60% 611 Solid Waste Capital 1,132,616 91 480,998 435,657 480,746 170,871 85% 620 Water Works Operations 22,812,916 1,696,958 10,034,668 7,968,648 1,956,003 10,822,245 53% 622 Water Works Capital 3,981,291 - 215,291 409,208 1,192,477 2,573,523 35% 624 Water Works Customer Deposit 22,000 3,403 17,041 9,858 - 4,959 77% 625 Water Works Sinking 3,740,710 265,492 1,990,845 288,239 1,750,922 (1,057) 100% 626 Water Works Bond Reserve 22,000 - 9,582 - - 12,418 44% 629 Water Works Reserve Operations & Maintenance 41,000 6,602 32,144 17,197 - 8,856 78% 640 Sewer Repair Insurance 663,186 47,032 267,264 302,419 93,470 302,452 54% 641 Sewage Works Operations 46,142,937 6,713,558 25,823,873 21,417,755 5,636,770 14,682,294 68% 642 Sewage Works Capital 15,023,292 445,522 2,193,586 727,526 8,182,218 4,647,488 69% 643 Sewage Works Reserve Operations & Maint.84,000 12,656 62,549 34,242 - 21,451 74% 649 Sewage Sinking 7,781,226 - 923,098 1,003,151 6,851,977 6,151 100% 659 Sewer Bond 2011 - - - - - - 0% 661 Sewer Bond 2012 - - - 628,214 - - 0% 667 Storm Sewer Fund 600,000 150 36,952 - 87,813 475,235 21% 670 Century Center 4,687,357 331,294 2,064,428 2,036,584 38,326 2,584,603 45% 671 Century Center Capital 83,000 - - 10,016 - 83,000 0% 672 Century Center Energy Conservation Debt Svc 416,424 - 207,561 95,748 207,863 1,000 100% Enterprise Total 130,602,084 11,158,574 54,958,311 44,861,309 28,180,612 47,463,161 64% Internal Service 222 Central Services 9,564,937 2,829,809 6,377,533 4,201,153 2,104,214 1,083,190 89% 224 Central Services Capital 402,671 - 31,941 76,810 30,575 340,156 16% 226 Liability Insurance 4,357,655 208,938 1,771,832 2,043,421 230,360 2,355,463 46% 278 Take Home Vehicle Police 50,000 474 969 (124) - 49,031 2% 279 IT / Innovation / 311 Call Center 9,278,131 394,006 4,084,270 2,802,046 1,781,062 3,412,799 63% 711 Self-Funded Employee Benefits 16,622,986 1,383,777 9,147,970 7,454,253 580,291 6,894,725 59% 713 Unemployment Compensation 70,000 2,396 25,628 18,158 - 44,372 37% 714 Parental Leave 155,694 19,484 100,524 46,242 - 55,170 65% Internal Service Total 40,502,074 4,838,885 21,540,667 16,641,960 4,726,501 14,234,906 65% Trust & Agency 701 Firefighters Pension 5,112,457 363,682 2,219,850 2,407,951 - 2,892,607 43% 702 Police Pension 6,355,902 513,680 3,360,805 3,149,943 - 2,995,097 53% 730 City Cemetery - - - - - - 0% Trust & Agency Total 11,468,359 877,362 5,580,656 5,557,894 - 5,887,703 49% City Funds Total 396,873,752 30,618,409 164,771,512 137,444,587 58,709,432 173,392,809 56% Redevelopment Commission Controlled Funds Tax Increment Financing 324 TIF - River West Development Area (Airport)43,484,951 811,431 8,592,042 13,057,200 12,943,047 21,949,862 50% 422 TIF - West Washington 1,695,130 123,500 313,504 154,085 547,355 834,271 51% 429 TIF - River East Development Area (NE Dev)12,201,982 391,153 2,675,642 605,098 3,044,013 6,482,328 47% 430 TIF - Southside Development #1 10,352,728 292,222 1,539,710 173,987 478,682 8,334,336 19% 435 TIF - Douglas Road 208,000 - 8,750 - 100,050 99,200 52% 436 TIF - River East Residential (NE Res)4,275,000 - 2,129,917 2,109,636 - 2,145,083 50% Tax Increment Financing Total 72,217,791 1,618,306 15,259,565 16,100,005 17,113,146 39,845,080 45% Redevelopment 425 Revelopment Retail Area (Leighton Plaza)- - 7,820 36,901 - (7,820) 0% 433 Redevelopment General 1,074,000 - - 561 - 1,074,000 0% 439 Certified Technology Park 625,000 55,389 55,389 - 544,611 25,000 96% 454 Airport Urban Enterprise Zone 50,000 - - - - 50,000 0% 754 Industrial Revolving Fund 157,000 7,848 52,799 38,326 - 104,201 34% Redevelopment Total 1,906,000 63,237 116,008 75,788 544,611 1,245,381 35% Debt Service 315 Redevelopment Bond - Airport Taxable 14,000 2,372 11,819 6,748 - 2,181 84% 317 Coveleski Debt Service Reserve 527,518 - 527,517 - - 1 100% 328 Redevelopment Bond - Palais Royale 20,000 3,966 19,760 11,281 - 240 99% 351 2018 TIF Park Bond Debt Service - - - - - - 0% 752 South Bend Redevelopment Authority 2,861,269 356,806 1,590,684 2,158,080 - 1,270,585 56% 756 Smart Streets Debt Service 1,711,369 - 855,434 854,534 - 855,935 50% Debt Service Total 5,134,156 363,145 3,005,215 3,030,643 - 2,128,942 59% Redevelopment Commission Controlled Funds Total 79,257,947 2,044,688 18,380,788 19,206,437 17,657,757 43,219,403 45% Grand Total 476,131,699 32,663,096 183,152,299 156,651,024 76,367,189 216,612,211 55% * Includes year to date expenditures and encumbrances 7 Fund Name Fund Number 101 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 41,142,970 23,030,303 23,030,303 22,404,587 - 18,112,667 56% Intergov./ Shared Revenues 4,176,140 1,866,672 2,053,966 1,967,075 - 2,122,174 49% Intergov./ Grants 293,744 - 76,822 - - 216,922 26% Licenses & Permits 249,050 13,485 169,427 176,984 - 79,623 68% Charges for Services 1,391,674 107,467 606,945 839,979 - 784,729 44% Fines, Forfeitures, and Fees 16,030 3,327 13,492 7,830 - 2,538 84% Interest Earnings 600,000 53,112 339,538 192,823 - 260,462 57% Donations 1,365,000 - - - - 1,365,000 0% Other Income 1,892,109 107,770 1,032,004 701,567 - 860,105 55% Payment in Lieu of Taxes (PILOT)- - - - - - 0% Interfund Allocation Reimb 7,460,048 621,677 3,729,986 2,714,448 - 3,730,062 50% Transfers In 6,460,990 528,416 3,170,494 3,166,242 - 3,290,496 49% Total Revenue 65,047,755 26,332,229 34,222,978 32,171,535 - 30,824,778 53% Expenditures by Dept 101-0101 Mayor's Office 894,679 69,561 452,314 441,410 164 442,201 51% 101-0201 City Clerk 546,269 38,408 249,461 262,559 21,149 275,659 50% 101-0301 Common Council 643,595 41,702 253,688 281,634 131,587 258,320 60% 101-0302 WNIT Contract 43,000 - 43,000 43,000 - - 100% 101-0401 Admin & Finance 2,572,551 190,083 1,178,693 1,196,486 30,095 1,363,763 47% 101-0404 Morris PAC 1,344,127 76,071 528,384 468,337 58,748 756,995 44% 101-0405 Palais Royale 481,432 36,613 200,644 186,613 26,622 254,166 47% 101-0501 Legal Dept 1,279,018 91,885 564,780 513,920 472 713,766 44% 101-0602 Engineering Dept 3,220,121 223,637 1,428,525 727,177 155,921 1,635,675 49% 101-0616 Office of Sustainability 278,815 22,440 98,007 - 25,000 155,808 44% 101-0628 AmeriCorps Program 713,239 42,738 131,519 - 29,847 551,873 23% 101-0801 Police Dept 31,434,904 2,251,350 15,049,284 14,817,363 361,413 16,024,207 49% 101-0901 Fire Dept 21,801,520 1,779,514 10,575,193 10,728,139 288,821 10,937,506 50% 101-1008 Human Rights 385,706 (13,055) 120,416 201,062 24,789 240,501 38% Total Expenditures by Dept 65,638,976 4,850,949 30,873,907 29,867,700 1,154,628 33,610,440 49% Expenditures by Type Personnel Salaries & Wages 36,884,554 2,753,544 17,864,674 17,249,237 - 19,019,880 48% Fringe Benefits 12,475,713 852,454 5,593,660 6,645,183 835 6,881,218 45% Total Personnel 49,360,267 3,605,998 23,458,334 23,894,420 835 25,901,098 48% Supplies 2,087,630 146,922 837,138 864,754 342,751 907,741 57% Services & Charges Professional Services 1,910,085 61,154 583,871 556,136 433,024 893,190 53% Printing & Advertising 148,844 13,855 72,611 57,406 31,647 44,586 70% Utilities 624,750 28,547 315,628 340,298 22,209 286,913 54% Education & Training 153,914 5,708 36,359 86,542 7,652 109,903 29% Travel 98,214 5,977 42,922 39,267 2,177 53,115 46% Repairs & Maintenance 2,115,090 171,509 1,054,045 772,607 115,615 945,430 55% Other Interfund Allocations 7,627,252 634,512 3,807,047 2,865,666 - 3,820,205 50% Debt Service - Principal 153,129 - 75,575 83,113 76,145 1,409 99% Debt Service - Interest & Fees 6,269 - 3,411 5,042 2,834 24 100% Grants & Subsidies 83,000 - 43,974 57,760 - 39,026 53% Other Services & Charges 544,595 24,753 179,010 244,190 76,811 288,774 47% Transfers Out 608,052 152,013 304,026 500 - 304,026 50% Total Services & Charges 14,073,194 1,098,028 6,518,478 5,108,526 768,114 6,786,601 52% Capital 117,885 - 59,957 - 42,929 14,999 87% Total Expenditures 65,638,976 4,850,949 30,873,907 29,867,700 1,154,628 33,610,439 49% Net (591,221) 21,481,280 3,349,071 2,303,835 (2,785,661) Cash Balance 42,737,601 38,612,096 Staffing Budget Actual Staffing Actual Full Time Part-Time /Seasonal/Temporary 101-0101 Mayor's Office 8 8 101-0101 Mayor's Office 5 101-0201 City Clerk 5 5 101-0201 City Clerk 1 101-0301 Common Council 9 9 101-0301 Common Council 3 101-0401 Admin & Finance 25 25 101-0401 Admin & Finance 3 101-0404 Morris PAC 8 7 101-0404 Morris PAC 4 101-0405 Palais Royale 3 3 101-0405 Palais Royale - 101-0501 Legal Dept 10 10 101-0501 Legal Dept 4 101-0602 Engineering Dept 23 24 101-0602 Engineering Dept 8 101-0628 AmeriCorps Grant 2 1 101-0628 AmeriCorps Grant 31 101-0801 Police Dept 243 242 101-0801 Police Dept 23 101-0901 Fire Dept 169 163 101-0901 Fire Dept - 101-1008 Human Rights 3 2 101-1008 Human Rights 2 Total 508 499 Total 84 Fund Purpose: - The General Fund is the primary operating fund for City operations including general government, public safety, certain culture and recreation expenses, and certain debt service obligations. The main source of revenue is property taxes. See subsequent pages for detail of expenditures by department. - The General Fund original budget is a balanced budget. The amended budget expenditures exceed revenues because the amended budget includes the encumbrances rolled forward from 2018 to 2019. City of South Bend, Indiana Monthly Financial Report June 30, 2019 General Fund General Fund City Funds 8 Department Name Fund/Dept No.101-0101 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 894,579 69,561 452,314 441,410 - 442,265 51% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 100 - - - - 100 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 894,679 69,561 452,314 441,410 - 442,365 51% Expenditures Personnel Salaries & Wages 543,029 43,902 284,785 241,028 - 258,244 52% Fringe Benefits 200,065 14,438 94,275 100,921 - 105,790 47% Total Personnel 743,094 58,340 379,060 341,949 - 364,034 51% Supplies 864 - 698 506 164 2 100% Services & Charges Professional Services - - - - - - 0% Printing & Advertising 20,925 791 9,606 19,805 - 11,319 46% Utilities - - - - - - 0% Education & Training 1,800 - 105 3,525 - 1,695 6% Travel 3,049 407 2,403 3,347 - 646 79% Repairs & Maintenance 1,200 - 200 267 - 1,000 17% Other Interfund Allocations 120,197 10,017 60,095 71,022 - 60,102 50% Debt Service - Principal - - - 532 - - 0% Debt Service - Interest & Fees - - - 122 - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 3,550 6 148 336 - 3,402 4% Transfers Out - - - - - - 0% Total Services & Charges 150,721 11,221 72,557 98,955 - 78,164 48% Capital - - - - - - 0% Total Expenditures 894,679 69,561 452,314 441,410 164 442,200 51% Net - - - - Staffing Budget Actual Explanation of Revenue Sources: Full Time 8 8 Part-Time /Seasonal/Temporary N/A 5 Total 8 13 Department Purpose: Explanation of Expenditures and Significant Changes/Variances: Leading the community to become a model city through formulating policy, directing operations, and responding to customer concerns. The Mayor is the elected chief executive officer of the city. In 2019, a full-time staff member was added to help with projects in the Mayor's office as well as city-wide programs. This position is offset by the removal of a part-time position. The decrease in Fringe Benefits is due to a one-time break in the health insurance cost per employee in 2019. In 2020, health insurance cost per employee is budgeted to increase back to the regular rates. In 2019, interfund allocations decreased due to a change in the overall IT allocation which charged less IT overhead to the smaller departments. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Mayor's Office City Funds General Fund This department is funded by property tax revenue collected in the General Fund. Other revenue is from the sale of City of South Bend merchandise such as t-shirts and pins. 9 Department Name Fund/Dept No.101-0201 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 546,269 38,408 249,461 262,559 - 296,808 46% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 546,269 38,408 249,461 262,559 - 296,808 46% Expenditures Personnel Salaries & Wages 273,873 21,317 130,137 123,589 - 143,736 48% Fringe Benefits 97,076 7,122 43,720 50,065 - 53,356 45% Total Personnel 370,949 28,439 173,857 173,654 - 197,092 47% Supplies 12,013 1,485 7,058 2,692 333 4,622 62% Services & Charges Professional Services 30,263 118 5,338 18,097 9,883 15,042 50% Printing & Advertising 27,986 1,861 14,263 12,457 10,745 2,978 89% Utilities - - - - - - 0% Education & Training 5,855 - 2,855 3,233 - 3,000 49% Travel 6,950 - 152 528 - 6,798 2% Repairs & Maintenance 10,676 - 6,280 5,000 - 4,396 59% Other Interfund Allocations 76,327 6,361 38,161 45,456 - 38,166 50% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 5,250 143 1,497 1,442 187 3,566 32% Transfers Out - - - - - - 0% Total Services & Charges 163,307 8,484 68,545 86,214 20,816 73,946 55% Capital - - - - - - 0% Total Expenditures 546,269 38,408 249,461 262,559 21,149 275,660 50% Net - - - - Staffing Budget Actual Explanation of Revenue Sources: Full Time 5 5 Part-Time /Seasonal/Temporary N/A 1 Total 5 6 Department Purpose: Explanation of Expenditures and Significant Changes/Variances: We ensure the integrity and accuracy of City records, and liaise between the Common Council, City Administration and South Bend residents fostering relationships and common ground. We accomplish our mission by: - Serving as a responsible steward of information and historical artifacts - Empowering the community to engage - Supporting open and transparent government - Striving for the highest degree of excellence in customer service In 2019, interfund allocations decreased due to a change in the overall IT allocation which charged less IT overhead to the smaller departments. The decrease in Fringe Benefits is due to a one-time break in the health insurance cost per employee in 2019. In 2020, health insurance cost per employee is budgeted to increase back to the regular rates. City of South Bend, Indiana Monthly Financial Report June 30, 2019 City Clerk General Fund City Funds This department is funded by property tax revenue collected in the General Fund. 10 Department Name Fund/Dept No.101-0301 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 643,595 41,702 253,688 281,634 - 389,907 39% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 643,595 41,702 253,688 281,634 - 389,907 39% Expenditures Personnel Salaries & Wages 218,200 17,152 96,267 88,641 - 121,933 44% Fringe Benefits 111,880 8,179 49,264 60,335 - 62,616 44% Total Personnel 330,080 25,332 145,531 148,975 - 184,549 44% Supplies 6,465 69 630 6,321 1,119 4,716 27% Services & Charges Professional Services 222,927 9,818 72,024 72,896 129,332 21,571 90% Printing & Advertising 10,948 1,259 5,602 3,587 1,136 4,210 62% Utilities - - - - - - 0% Education & Training 1,000 100 100 465 - 900 10% Travel 5,000 340 340 242 - 4,660 7% Repairs & Maintenance 4,750 - - 16,591 - 4,750 0% Other Interfund Allocations 56,532 4,711 28,266 31,062 - 28,266 50% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 5,893 73 1,196 1,495 - 4,697 20% Transfers Out - - - - - - 0% Total Services & Charges 307,050 16,301 107,527 126,337 130,468 69,054 78% Capital - - - - - - 0% Total Expenditures 643,595 41,702 253,688 281,634 131,587 258,319 60% Net - - - - Staffing Budget Actual Explanation of Revenue Sources: Full Time 9 9 Part-Time /Seasonal/Temporary N/A 3 Total 9 12 Department Purpose: Explanation of Expenditures and Significant Changes/Variances: The fiscal body of the City, which exists to make certain that our City Government is always responsive to the needs of our residents & that the betterment of South Bend is always our highest priority. There are nine elected (9) Council Members. New for 2019, an additional $25,000 is budgeted for professional services for an outside financial advisor. In 2019, interfund allocations decreased due to a change in the overall IT allocation which charged less IT overhead to the smaller departments. The decrease in Fringe Benefits is due to a one-time break in the health insurance cost per employee in 2019. In 2020, health insurance cost per employee is budgeted to increase back to the regular rates. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Common Council General Fund City Funds This department is funded by property tax revenue collected in the General Fund. 11 Department Name Fund/Dept No.101-0302 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 43,000 - 43,000 43,000 - - 100% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 43,000 - 43,000 43,000 - - 100% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies 43,000 - 43,000 43,000 - - 100% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 43,000 - 43,000 43,000 - - 100% Capital - - - - - - 0% Total Expenditures 43,000 - 43,000 43,000 - - 100% Net - - - - Department Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: In 2012 the City, along with the City of Mishawaka and St. Joseph County, entered into an agreement with WNIT Public Television for the establishment and maintenance of a public access channel which is used to broadcast all public Common Council meetings, among other things. The allocation of costs is $43,000 to South Bend, $13,000 to Mishawaka and $29,000 to Saint Joseph County. The current WNIT contract expires February 2, 2020. Expenditures are the same year over year due to the contract. This department is funded by property tax revenue collected in the General Fund. City of South Bend, Indiana Monthly Financial Report June 30, 2019 WNIT Contract General Fund City Funds 12 Department Name Fund/Dept No.101-0401 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 2,552,762 190,083 1,158,905 1,183,685 - 1,393,857 45% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 19,789 - 19,789 12,801 - - 100% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 2,572,551 190,083 1,178,693 1,196,486 - 1,393,857 46% Expenditures Personnel Salaries & Wages 1,642,180 125,422 774,336 756,349 - 867,844 47% Fringe Benefits 570,981 40,053 239,147 286,674 - 331,834 42% Total Personnel 2,213,161 165,476 1,013,483 1,043,022 - 1,199,678 46% Supplies 24,478 633 6,128 5,988 2,665 15,685 36% Services & Charges Professional Services 47,643 375 22,188 30,337 25,455 - 100% Printing & Advertising 900 - 292 536 - 608 32% Utilities - - - - - - 0% Education & Training 11,110 320 2,364 656 - 8,746 21% Travel 8,105 2,044 4,669 269 - 3,436 58% Repairs & Maintenance 9 - 9 1,500 - - 103% Other Interfund Allocations 228,287 19,024 114,143 98,376 - 114,144 50% Debt Service - Principal - - - 2,344 - - 0% Debt Service - Interest & Fees - - - 195 - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 38,858 2,211 15,418 12,762 1,975 21,465 45% Transfers Out - - - 500 - - 0% Total Services & Charges 334,912 23,974 159,083 147,475 27,430 148,399 56% Capital - - - - - - 0% Total Expenditures 2,572,551 190,083 1,178,693 1,196,486 30,095 1,363,762 47% Net - - - - Staffing Budget Actual Explanation of Revenue Sources: Full Time 25 25 Part-Time /Seasonal/Temporary N/A 3 Total 25 28 Department Purpose: Explanation of Expenditures and Significant Changes/Variances: The Department of Administration & Finance provides financial management and administrative services to City operations including finance and accounting services, human resources, diversity & inclusion, risk management, and benefits administration. Salaries & Wages budget increased due to a 2% increase in salaries and one (1) additional full-time staff memeber in the Diversity & Inclusion Department to assist with the implementation of the Disparity Study work. The decrease in Fringe Benefits is due to a one-time break in the health insurance cost per employee in 2019. In 2020, health insurance cost per employee is budgeted to increase back to the regular rates. Allocations increased due to additional IT costs for various software programs and new employee computer expenses. This department is funded by property tax revenue collected in the General Fund. Other Revenue is derived from a rebate. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Administration & Finance General Fund City Funds 13 Department Name Fund/Dept No.101-0404 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 170,627 - - - - 170,627 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 1,113,500 90,682 522,305 714,556 - 591,195 47% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 60,000 1,116 22,705 33,499 - 37,295 38% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 1,344,127 91,797 545,009 748,055 - 799,117 41% Expenditures Personnel Salaries & Wages 553,202 29,202 188,385 183,583 - 364,817 34% Fringe Benefits 213,595 11,025 70,812 94,632 640 142,143 33% Total Personnel 766,797 40,227 259,197 278,215 640 506,960 34% Supplies 23,830 293 8,870 7,483 9,005 5,955 75% Services & Charges Professional Services 10,000 - - - - 10,000 0% Printing & Advertising 53,767 2,788 22,610 16,080 17,471 13,686 75% Utilities 125,000 7,946 57,918 53,158 - 67,082 46% Education & Training 4,500 - 325 810 - 4,175 7% Travel 16,079 - 3,687 660 677 11,715 27% Repairs & Maintenance 85,348 4,276 50,207 16,982 29,427 5,714 93% Other Interfund Allocations 240,405 20,034 120,201 89,802 - 120,204 50% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 18,401 508 5,369 5,148 1,528 11,504 37% Transfers Out - - - - - - 0% Total Services & Charges 553,500 35,551 260,317 182,639 49,104 244,080 56% Capital - - - - - - 0% Total Expenditures 1,344,127 76,071 528,384 468,337 58,748 756,995 44% Net - 15,726 16,625 279,718 Staffing Budget Actual Full Time 8 7 Part-Time /Seasonal/Temporary N/A 4 Total 8 11 Explanation of Revenue Sources: Department Purpose: Explanation of Expenditures and Significant Changes/Variances: This department accounts for the operating costs of the Morris Performing Arts Center, the premier performing arts center in this region of the country. It provides improved quality of life to the City citizens, serves as an economic catalyst in the City, and fosters historic preservation of landmark City venues. The decrease in Fringe Benefits is due to a one-time break in the health insurance cost per employee in 2019. In 2020, health insurance cost per employee is budgeted to increase back to the regular rates. Maintenance and marketing positions for the Morris (Custodian, Director of Marketing & Promotions, Manager - Facility Operations, Manager - Interactive Marketing, and Manager - Facility Operations) were originally budgeted in the Parks & Recreation Fund (201) for 2018, but were moved back to the Morris during 2018. In 2019, the General Manager-Venues position will be paid out of the Century Center Operations Fund (670) and allocated back to the Morris at 50% (cost of wages & benefits). This expense is part of Other Interfund Allocations. This department is funded by property tax revenue collected in the General Fund and from charges for services including facility rental, concessions, ticket handling fees, and more. There is a ticket surcharge fee of $3.50 per ticket sold: $1.50 deposited into the General Fund (101), $1.00 deposited into Morris/Palais Self-Promotion Fund (274), and $1.00 deposited into Morris PAC Capital Fund (416). City of South Bend, Indiana Monthly Financial Report June 30, 2019 Morris Performing Arts Center General Fund City Funds 14 Department Name Fund/Dept No.101-0405 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 190,710 17,016 113,235 53,638 - 77,475 59% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 267,322 16,686 79,130 122,495 - 188,192 30% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 23,400 2,911 8,279 10,480 - 15,121 35% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 481,432 36,613 200,644 186,613 - 280,788 42% Expenditures Personnel Salaries & Wages 108,069 6,852 44,538 60,999 - 63,531 41% Fringe Benefits 53,957 3,820 24,263 41,420 - 29,694 45% Total Personnel 162,026 10,672 68,801 102,419 - 93,225 42% Supplies 13,600 273 2,013 2,065 5,658 5,929 56% Services & Charges Professional Services - - - - - - 0% Printing & Advertising 22,818 6,910 17,983 4,516 725 4,110 82% Utilities 86,000 7,465 48,510 46,224 - 37,490 56% Education & Training 500 - - - - 500 0% Travel 2,000 - - - - 2,000 0% Repairs & Maintenance 120,398 6,029 37,628 13,825 20,041 62,729 48% Other Interfund Allocations 48,511 4,042 24,259 14,844 - 24,252 50% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 10,579 1,221 1,450 2,720 198 8,931 16% Transfers Out - - - - - - 0% Total Services & Charges 290,806 25,667 129,830 82,129 20,964 140,012 52% Capital 15,000 - - - - 15,000 0% Total Expenditures 481,432 36,613 200,644 186,613 26,622 254,166 47% Net - - - - Staffing Budget Actual Explanation of Revenue Sources: Full Time 3 3 Part-Time /Seasonal/Temporary N/A - Total 3 3 Department Purpose: Explanation of Expenditures and Significant Changes/Variances: This department accounts for the operating expenses of the Palais Royale, a premier banquet/meeting facility. It provides exquisite food and beverage catering service, for both social events and business events, and supports South Bend's downtown economy. The Palais Royale is distinguished by its history and ambiance. A maintenance position for the Palais (Manager - Assistant Facility Operations) was originally budgeted in the Parks & Recreation Fund (201) for 2018, but was moved back to the Palais during 2018. The decrease in Fringe Benefits is due to a one-time break in the health insurance cost per employee in 2019. In 2020, health insurance cost per employee is budgeted to increase back to the regular rates. This department is funded by property tax revenue collected in the General Fund and from charges for services including concessions. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Palais Royale General Fund City Funds 15 Department Name Fund/Dept No.101-0501 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 1,145,856 87,328 493,208 475,793 - 652,648 43% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 78,473 - 44,225 38,128 - 34,248 56% Interfund Allocation Reimb 54,689 4,557 27,347 - - 27,342 50% Transfers In - - - - - - 0% Total Revenue 1,279,018 91,885 564,780 513,920 - 714,238 44% Expenditures Personnel Salaries & Wages 866,473 62,251 385,979 335,361 - 480,494 45% Fringe Benefits 278,276 20,108 122,061 126,402 - 156,215 44% Total Personnel 1,144,749 82,359 508,039 461,763 - 636,709 44% Supplies 3,450 - 570 1,251 472 2,408 30% Services & Charges Professional Services 2,550 122 245 270 - 2,305 10% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training 10,000 - 50 2,913 - 9,950 1% Travel 3,450 22 574 33 - 2,876 17% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations 96,719 8,060 48,359 39,072 - 48,360 50% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Insurance - - - - - - 0% Other Services & Charges 18,100 1,322 6,943 8,619 - 11,157 38% Transfers Out - - - - - - 0% Total Services & Charges 130,819 9,527 56,171 50,907 - 74,648 43% Capital - - - - - - 0% Total Expenditures 1,279,018 91,885 564,780 513,920 472 713,765 44% Net - - - - Staffing Budget Actual Explanation of Revenue Sources: Full Time 10 10 Part-Time /Seasonal/Temporary N/A 4 Total 10 14 Department Purpose: Explanation of Expenditures and Significant Changes/Variances: The Legal Department provides quality legal representation to the City of South Bend’s Mayor, departments, commissions and agencies with a dedicated and professionally-skilled staff, efficiently and cost effectively, in furtherance of the City’s strategic goals, and preserving the legal and ethical integrity of the City. The largest percentage change in the Legal Department's budget from 2018 to 2019 is an increase of over 1,000% for insurance allocations. Also, an administrative change in how Admin and Finance is handling salaries shared by separate funds has resulted in a perceived percentage increase in the Salaries budget, but this is offset by the 77% increase in the Revenues budget. The decrease in Fringe Benefits is due to a one-time break in the health insurance cost per employee in 2019. In 2020, health insurance cost per employee is budgeted to increase back to the regular rates. The increase in subscriptions is due to an annual increase incorporated into some of our standing contracts, for which low market rates were negotiated and are considered very cost-effective. There are no other major changes in the department's budget. This department is funded by property tax revenue collected in the General Fund. This department also collects a reimbursement for legal services to other city departments. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Legal Department General Fund City Funds 16 Department Name Fund/Dept No.101-0602 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 1,451,648 5,842 547,095 631,700 - 904,553 38% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits 132,000 9,355 66,160 73,563 - 65,840 50% Charges for Services 50 - - - - 50 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 236,364 91,767 115,248 21,914 - 121,116 49% Interfund Allocation Reimb 1,400,059 116,673 700,021 - - 700,038 50% Transfers In - - - - - - 0% Total Revenue 3,220,121 223,637 1,428,525 727,177 - 1,791,597 44% Expenditures Personnel Salaries & Wages 1,807,736 141,070 843,073 315,259 - 964,663 47% Fringe Benefits 558,778 44,022 267,484 117,868 195 291,099 48% Total Personnel 2,366,514 185,092 1,110,557 433,127 195 1,255,762 47% Supplies 28,952 451 9,068 9,156 1,369 18,515 36% Services & Charges Professional Services 352,919 5,777 87,639 42,009 138,838 126,442 64% Printing & Advertising 7,000 245 2,254 363 1,570 3,176 55% Utilities - - - - - - 0% Education & Training 21,000 25 6,998 21,482 - 14,002 33% Travel 16,400 519 7,585 8,272 1,500 7,315 55% Repairs & Maintenance 23,800 52 809 16,819 - 22,991 3% Other Interfund Allocations 365,366 30,447 182,684 172,314 - 182,682 50% Debt Service - Principal 14,637 - 7,293 10,509 7,344 - 100% Debt Service - Interest & Fees 408 - 232 374 175 1 100% Grants & Subsidies - - - - - - 0% Other Services & Charges 23,125 1,030 13,404 12,754 4,930 4,791 79% Transfers Out - - - - - - 0% Total Services & Charges 824,655 38,095 308,899 284,895 154,357 361,400 56% Capital - - - - - - 0% Total Expenditures 3,220,121 223,637 1,428,525 727,177 155,921 1,635,677 49% Net - - - - Staffing Budget Actual Explanation of Revenue Sources: Full Time 23 24 Part-Time /Seasonal/Temporary N/A 8 Total 23 32 Department Purpose: Explanation of Expenditures and Significant Changes/Variances: The Engineering Department oversees the design and execution of the City's construction projects. Other income includes reimbursement from the River West TIF Fund (324) for the wages and benefits of the Director of Redevelopment Engineering and one (1) Engineer I. In 2019, Engineering will pay for the wages and benefits of all City engineers and will be reimbursed by the other departments as an allocation, therefore increasing both revenue and expenses. Using the 2019 expenditure budget of $3,011,090 less the payroll allocation reimbursement of $1,460,308 this equals the effective operating budget of $1,611,031 for 2019. This represents an 8% decrease for the 2019 budgeted expenditures compared to 2018. Engineering is involved with the following projects during 2019: pavement restoration, intersection upgrades, pedestrian safety, lighting programs, drainage, traffic calming, long term control plan, wastewater treatment plant secondary treatment improvements, parks construction projects, fire station #9 construction, and more. This department is funded by property tax revenue collected in the General Fund and charges for engineering services. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Engineering General Fund City Funds 17 Department Name Fund/Dept No.101-0616 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 278,815 22,440 98,007 - - 180,808 35% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 278,815 22,440 98,007 - - 180,808 35% Expenditures Personnel Salaries & Wages 98,302 6,242 40,497 - - 57,805 41% Fringe Benefits 27,772 2,095 13,151 - - 14,621 47% Total Personnel 126,074 8,337 53,647 - - 72,426 43% Supplies 22,300 - 3,579 - - 18,721 16% Services & Charges Professional Services 85,000 12,500 30,951 - 25,000 29,049 66% Printing & Advertising 500 - - - - 500 0% Utilities - - - - - - 0% Education & Training 2,800 - 18 - - 2,782 1% Travel 6,374 - - - - 6,374 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations 32,367 1,603 9,616 - - 22,751 30% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 3,400 - 196 - - 3,204 6% Transfers Out - - - - - - 0% Total Services & Charges 130,441 14,103 40,781 - 25,000 64,660 50% Capital - - - - - - 0% Total Expenditures 278,815 22,440 98,007 - 25,000 155,807 44% Net - - - - Staffing Budget Actual Explanation of Revenue Sources: Full Time 1 1 Part-Time /Seasonal/Temporary N/A - Total 1 1 Department Purpose: Explanation of Expenditures and Significant Changes/Variances: This department is funded by property tax revenue collected in the General Fund. The Office of Sustainability also receives revenue from grants and energy rebates. The Office of Sustainability designs and implements projects and programs that bring environmental, social, and economic value to city government and the public. The Office of Sustainability is a division of Public Works. Goals: - Create a culture of sustainability as “business as usual” across all municipal operations - Incorporate sustainability into awareness, culture, and common practice of South Bend businesses and residents - Prepare for impacts of climate change in the community - Reduce the community’s greenhouse gas emissions This division was previously accounted for in the Central Services Fund (222) prior to 2019. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Office of Sustainability General Fund City Funds 18 Department Name Fund/Dept No.101-0628 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 444,109 42,738 54,696 - - 389,413 12% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants 149,130 - 76,822 - - 72,308 52% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In 120,000 - - - - 120,000 0% Total Revenue 713,239 42,738 131,519 - - 581,721 18% Expenditures Personnel Salaries & Wages 315,000 32,617 97,915 - - 217,085 31% Fringe Benefits 40,066 4,543 20,910 - - 19,156 52% Total Personnel 355,066 37,160 118,825 - - 236,241 33% Supplies 128,757 2,787 6,213 - 10,493 112,051 13% Services & Charges Professional Services 204,868 1,182 2,399 - 19,353 183,116 11% Printing & Advertising 1,000 - - - - 1,000 0% Utilities - - - - - - 0% Education & Training 9,800 - 304 - - 9,496 3% Travel 9,706 1,610 2,699 - - 7,007 28% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 4,042 - 1,078 - - 2,964 27% Transfers Out - - - - - - 0% Total Services & Charges 229,416 2,791 6,480 - 19,353 203,583 11% Capital - - - - - - 0% Total Expenditures 713,239 42,738 131,519 - 29,847 551,875 23% Net - - - - Staffing Budget Actual Explanation of Revenue Sources: Full Time 2 1 Part-Time /Seasonal/Temporary N/A 31 Total 2 32 Department Purpose: Explanation of Expenditures and Significant Changes/Variances: In 2018, the City of South Bend won a $150,000 grant to fund South Bend Home Corps, a new residential efficiency, health, and safety program staffed by 10 full-time AmeriCorps members. This is a division of Public Works and works directly with the Office of Sustainability. Goals: - Empower homeowners to understand bills and manage energy and water use. - Assess homes for energy or water savings and safety or health hazards. - Install basic efficiency and weatherization measures. - Facilitate homeowner in accessing other City or community programs for significant repair or health/safety issues. - Hold public workshops and education events. As part of the program, the City will hire two employees: Program Director and Manager-Operations. Expenses for this grant include: employee wages & benefits, office and computer supplies, living allowances for members. This department is funded by property tax revenue collected in the General Fund and the AmeriCorps grant. City of South Bend, Indiana Monthly Financial Report June 30, 2019 AmeriCorps Grant Program General Fund City Funds 19 Department Name Fund/Dept No.101-0801 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 30,896,254 2,239,683 14,684,475 14,757,401 - 16,211,779 48% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations 7,500 - - - - 7,500 0% Other Income 531,150 11,667 364,809 59,962 - 166,341 69% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 31,434,904 2,251,350 15,049,284 14,817,363 - 16,385,620 48% Expenditures Personnel Salaries & Wages 17,637,092 1,323,071 8,674,670 8,727,884 - 8,962,422 49% Fringe Benefits 5,811,652 394,073 2,684,271 3,159,915 - 3,127,381 46% Total Personnel 23,448,744 1,717,144 11,358,941 11,887,799 - 12,089,803 48% Supplies 1,173,831 61,502 472,734 553,166 168,105 532,992 55% Services & Charges Professional Services 615,090 19,111 279,391 355,247 6,088 329,611 46% Printing & Advertising - - - - - - 0% Utilities 178,750 3,229 74,324 88,839 3,952 100,474 44% Education & Training - - - 4,785 - - 0% Travel 601 - 401 1,433 - 200 67% Repairs & Maintenance 1,047,841 71,019 454,337 148,468 20,755 572,749 45% Other Interfund Allocations 4,333,272 361,106 2,166,636 1,520,118 - 2,166,636 50% Debt Service - Principal 138,492 - 68,282 69,728 68,801 1,409 99% Debt Service - Interest & Fees 5,861 - 3,179 4,352 2,659 23 100% Grants & Subsidies 40,000 - 974 14,760 - 39,026 2% Other Services & Charges 349,537 18,238 110,130 168,668 48,123 191,284 45% Transfers Out - - - - - - 0% Total Services & Charges 6,709,444 472,704 3,157,653 2,376,398 150,379 3,401,412 49% Capital 102,885 - 59,957 - 42,929 (1) 100% Total Expenditures 31,434,904 2,251,350 15,049,284 14,817,363 361,413 16,024,206 49% Net - - - - Staffing Budget Actual Explanation of Revenue Sources: Full Time 243 242 Part-Time /Seasonal/Temporary N/A 23 Total 243 265 Department Purpose: Explanation of Expenditures and Significant Changes/Variances: MISSION: The South Bend Police Department works to safeguard the lives and property of the people we serve, to reduce the incidence and fear of crime, and to resolve problems among residents. The Department, in partnership with our community, strives to protect the life, property, and the personal liberties of all individuals. We believe that the overall quality of life for all residents will improve through the deterrence of criminal activity and an understanding of the diversity of cultures within this community. We also work to build and sustain community-police relationships to advance a culture of trust and inclusion. VISION: To constantly strive for excellence in the quality of police service to help ensure a safe community for everyone. Overtime hourly rate increase by 25% due to the new rate calculation rules. Services increased mostly due to the interfund allocations for liability insurance and IT increasing. The IT allocation increased due to additional software being used by the Police Department and all software are included in the IT allocation. The liability insurance allocation increased due to liability insurance had been offset in prior years and the full amount of the liability insurance is now reflected in the current budget. Professional Services increased due to additional cell data needs for the body-worn cameras. This department is funded by property tax revenue collected in the General Fund. The department also receives reimbursement for officers working at various events. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Police Department General Fund City Funds 20 Department Name Fund/Dept No.101-0901 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 21,652,809 1,779,392 10,572,392 10,726,434 - 11,080,417 49% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants 144,614 - - - - 144,614 0% Licenses & Permits - - - - - - 0% Charges for Services 3,097 - 2,677 - - 420 86% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 1,000 123 123 1,705 - 877 12% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 21,801,520 1,779,514 10,575,193 10,728,139 - 11,226,328 49% Expenditures Personnel Salaries & Wages 12,608,788 959,499 6,246,019 6,314,943 - 6,362,769 50% Fringe Benefits 4,446,107 305,282 1,948,922 2,569,970 - 2,497,185 44% Total Personnel 17,054,895 1,264,782 8,194,940 8,884,913 - 8,859,954 48% Supplies 648,053 79,428 318,649 275,440 143,367 186,037 71% Services & Charges Professional Services 338,825 12,151 83,697 37,279 79,074 176,054 48% Printing & Advertising 3,000 - - 62 - 3,000 0% Utilities 235,000 9,907 134,877 152,077 18,256 81,867 65% Education & Training 83,049 5,263 23,240 47,212 7,652 52,157 37% Travel 20,500 1,036 20,413 24,067 - 87 100% Repairs & Maintenance 811,868 89,953 500,750 547,395 40,352 270,766 67% Other Interfund Allocations 1,979,778 164,982 989,886 749,484 - 989,892 50% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 18,500 - 4,715 10,209 120 13,665 26% Transfers Out 608,052 152,013 304,026 - - 304,026 50% Total Services & Charges 4,098,572 435,305 2,061,603 1,567,786 145,454 1,891,514 54% Capital - - - - - - 0% Total Expenditures 21,801,520 1,779,514 10,575,193 10,728,139 288,821 10,937,505 50% Net - - - - Staffing Budget Actual Explanation of Revenue Sources: Full Time 169 163 Part-Time /Seasonal/Temporary N/A - Total 169 163 Department Purpose: Explanation of Expenditures and Significant Changes/Variances: The South Bend Fire Department exists to provide our community with the highest quality emergency services protecting life and property through education, response, and dynamic outreach. The objective of the South Bend Fire Department is to provide rapid and efficient response to emergency medical incidents, fires, hazardous materials incidents, and complex rescue situations in order to safeguard the life and property of our citizens. 2019 is the second year of a 5-year Collective Bargaining Agreement - the negotiated 2% increase in wages from 2018 to 2019 is reflected. The South Bend Fire Department conducts Recruit Academies when its staffing becomes insufficient, generally after the 6th opening. The academy is approximately 21 weeks long - therefore, they department budgets 6 Civilian Recruit positions for 21 weeks. In 2019, the department is reclassifying a Financial Specialist Position from a Financial Specialist II to a Financial Specialist III to allow for increased responsibilities in this position. In 2018, the department began a pilot program to use a Community Paramedic position to interact with repeat users of the EMS system to assess their needs prior to them calling 911 and taking a trip to the emergency room. Early signs of success have encouraged us to create capacity to expand this program in 2019. This department is funded by property tax revenue collected in the General Fund. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Fire Department General Fund City Funds 21 Department Name Fund/Dept No.101-1008 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 346,093 - 80,803 179,327 - 265,290 23% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues 30,000 - 30,000 - - - 100% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 9,613 - 9,613 21,734 - - 100% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 385,706 - 120,416 201,062 - 265,290 31% Expenditures Personnel Salaries & Wages 212,610 (15,055) 58,073 101,602 - 154,537 27% Fringe Benefits 65,508 (2,306) 15,381 36,983 - 50,127 23% Total Personnel 278,118 (17,361) 73,454 138,584 - 204,664 26% Supplies 1,037 - 928 685 - 109 90% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training 2,500 - - 1,461 - 2,500 0% Travel - - - 419 - - 0% Repairs & Maintenance 9,200 181 3,825 5,759 5,040 335 96% Other Interfund Allocations 49,491 4,125 24,741 34,116 - 24,750 50% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 45,360 - 17,467 20,038 19,749 8,144 82% Transfers Out - - - - - - 0% Total Services & Charges 106,551 4,306 46,033 61,792 24,789 35,729 66% Capital - - - - - - 0% Total Expenditures 385,706 (13,055) 120,416 201,062 24,789 240,502 38% Net - 13,055 - - Staffing Budget Actual Explanation of Revenue Sources: Full Time 3 2 Part-Time /Seasonal/Temporary N/A 2 Total 3 4 Department Purpose: Explanation of Expenditures and Significant Changes/Variances: The purpose of the South Bend Human Rights Commission is to study and act upon problems which involve relationships between members of different ethnic groups, sexes, sexual orientation or gender identity, nationalities, the disabled, and families with children. The South Bend Human Rights Commission's duties lie in enforcing employment, fair housing, public accommodations, and education. Their goal is to ensure equal employment opportunity for all individuals, and to provide legal recourse in the areas of discrimination. The Human Rights Commission provides keys to unlock the doors of discrimination. In 2019, a part-time Administrative Assistant II will be added to the General Fund (101) to help with intake due to the increased caseload. The Human Rights Commission budgeted for a second Administrative Assistant in 2019, but will only fill the position if St. Joseph County agrees to reimburse the City. The Employment Manager position will be moved from the General Fund (101) to the Human Rights Federal Grant Fund (258). This position handles all EEOC issues. The decrease in Fringe Benefits is due to a one-time break in the health insurance cost per employee in 2019. In 2020, health insurance cost per employee is budgeted to increase back to the regular rates. The decrease in other services and charges of 14% is due to new rental lease agreement, which eliminates cost of property taxes for the portion of square footage (2,975) being used by the South Bend Human Rights Commission. This department is funded by property tax revenue collected in the General Fund and ocassionally receives grants. HUD and EEOC grants are received in the Human Rights Federal Grant Fund (258). City of South Bend, Indiana Monthly Financial Report June 30, 2019 Human Rights General Fund City Funds 22 Fund Name Fund Number 102 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 168,000 24,031 122,246 82,803 - 45,754 73% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 168,000 24,031 122,246 82,803 - 45,754 73% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital - - - - - - 0% Total Expenditures - - - - - - 0% Net 168,000 24,031 122,246 82,803 45,754 Cash Balance 10,584,351 10,361,067 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund is used to accumulate cash reserves for unforeseen purposes. This fund is used for mid-year or year-end advances to other funds that have cash shortages and the advances must be paid back within six months. The establishment of a Rainy Day Fund is looked upon favorably by bond rating agencies and is one of the factors resulting in South Bend's good AA bond rating with Standard & Poor's. No expenditures are budgeted at this time. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Rainy Day Special Revenue Funds City Funds This fund receives revenue from interest earned on the fund's cash balance. Interest rates are expected to rise over the next few years, increasing interest earnings revenue. Every so often, this fund receives certain "catch up" distributions of County Option Income Tax (COIT) and Economic Development Income Tax (EDIT) monies from the State of Indiana that are required to be deposited into this fund. During 2016, a total of 25% of the special local income tax distribution approved by the Indiana General Assembly, or $1,405,850, was deposited into the Rainy Day Fund as allowed under the statute. 23 Fund Name Fund Number 201 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 9,680,317 5,418,668 5,418,668 5,271,460 - 4,261,649 56% Intergov./ Shared Revenues 720,180 432,043 432,043 410,872 - 288,137 60% Intergov./ Grants 3,050,000 - 1,396,325 458,708 - 1,653,675 46% Charges for Services 3,585,861 287,307 1,140,217 737,168 - 2,445,644 32% Interest Earnings 116,000 14,167 73,314 34,872 - 42,686 63% Donations 1,626,000 - 1,448,400 1,500 - 177,600 89% Other Income 330,793 25,870 152,204 141,145 - 178,589 46% Interfund Allocation Reimb - - - - - - 0% Transfers In 407,820 100,000 207,820 643,800 - 200,000 51% Total Revenue 19,516,971 6,278,055 10,268,990 7,699,525 - 9,247,980 53% Expenditures by Division Administration 1,749,190 139,617 882,362 664,146 5,402 861,426 51% Maintenance 7,151,465 505,868 2,955,033 2,902,542 696,424 3,500,008 51% Golf Courses 1,543,088 123,779 691,452 726,992 371,501 480,135 69% Recreation 3,185,579 245,239 1,307,108 861,350 174,716 1,703,755 47% Potawatomi Zoo 700,000 - 350,000 385,964 - 350,000 50% Potawatomi Greenhouse 46,527 1,361 38,404 34,194 - 8,123 83% Graffiti Removal 4 29 147 46,561 4 (147) 3774% Marketing & Events 1,224,594 84,872 440,239 431,049 98,511 685,844 44% Regional Cities Grant 3,608,655 - 1,121,771 551,041 2,344,057 142,827 96% Pokagon Band-Howard Pk Imprv 2,225,000 - 1,695,432 - 529,568 - 100% Leighton Foundation Grant 1,000,000 - - - - 1,000,000 0% Total Expenditures by Division 22,434,102 1,100,764 9,481,949 6,603,838 4,220,183 8,731,971 61% Expenditures Personnel Salaries & Wages 6,202,847 541,847 2,729,661 2,579,288 - 3,473,186 44% Fringe Benefits 2,009,461 149,771 888,317 1,152,098 229 1,120,915 44% Total Personnel 8,212,308 691,619 3,617,978 3,731,386 229 4,594,101 44% Supplies 1,476,696 102,137 576,268 517,869 381,470 518,958 65% Services & Charges Professional Services 933,159 3,832 233,999 393,591 533,904 165,256 82% Printing & Advertising 149,777 12,522 60,120 29,418 60,998 28,659 81% Utilities 596,400 57,832 317,277 263,212 - 279,123 53% Education & Training 44,899 1,892 8,035 2,951 5,338 31,526 30% Travel 29,825 78 8,434 1,808 3,764 17,627 41% Repairs & Maintenance 646,657 31,089 226,413 205,623 247,020 173,224 73% Other Interfund Allocations 1,672,261 139,358 836,113 532,242 - 836,148 50% Debt Service - Principal 440,472 942 265,609 165,169 248,755 (73,892) 117% Debt Service - Interest & Fees 46,529 46 31,203 8,271 14,921 405 99% Grants & Subsidies 715,000 - 365,000 365,000 - 350,000 51% Other Services & Charges 1,128,314 59,419 325,620 163,476 182,746 619,948 45% Transfers Out - - - - - - 0% Total Services & Charges 6,403,293 307,008 2,677,821 2,130,760 1,297,447 2,428,024 62% Capital 6,341,805 - 2,609,882 223,823 2,541,037 1,190,886 81% Total Expenditures 22,434,102 1,100,764 9,481,949 6,603,838 4,220,183 8,731,969 61% Net (2,917,131) 5,177,291 787,041 1,095,687 516,011 Cash Balance 9,098,271 7,327,451 Staffing Budget Actual Full Time 94 92 Part-Time /Seasonal/Temporary N/A 268 Total 94 360 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: VPA's capital needs, other than the Regional Cities grant, are being addressed through bonds. Please see Funds 452, 471, and 751 for details. This fund accounts for the operation of the Parks & Recreation side of South Bend Venues, Parks & Arts (VPA). The purpose is to provide quality spaces, places, and experiences within the City. There are several divisions within the department: Administration, Maintenance, Golf, Recreation, and Marketing. Starting in 2019, the Recreation Nonreverting Fund (203) and the Park Nonreverting Capital Fund (405) will be discontinued and the activity formerly appearing in them will be represented in the Parks & Recreation Fund (201). This will allow for better reporting and more efficient use of funds. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Parks & Recreation Special Revenue Funds City Funds This fund's main sources of revenue is property taxes. It also receives a portion of auto excise and motor vehicle taxes. Some revenue is derived from charged for services such as pavilion rental, golf course fees, concessions, and fees for camps, leagues, fitness center, special events, and other activities. Starting in 2019, this fund will receive an annual donation of $450k from the Pokagon Band. It will be received through 2023. Interfund transfers from the EDIT Fund 408 help subsidize the Parks operations. This fund also receives revenue from interest earned on the fund's cash balance. NOTE: The cash balance includes $60,300 that is restricted to expenditures in Voorde Park. 24 Fund Name Fund Number 202 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Intergov./ Shared Revenues 3,149,516 283,202 1,634,962 3,569,095 - 1,514,554 52% Licenses & Permits 3,000 850 1,525 - - 1,475 51% Charges for Services 228,245 46,374 135,718 66,183 - 92,527 59% Interest Earnings 140,000 16,199 87,954 58,102 - 52,046 63% Other Income 10,102 206 10,102 21,105 - - 100% Interfund Allocation Reimb 138,150 11,512 69,078 - - 69,072 50% Transfers In 3,852,066 946,938 1,893,875 1,893,875 - 1,958,191 49% Total Revenue 7,521,079 1,305,281 3,833,214 5,608,360 - 3,687,865 51% Expenditures by Division Streets/Traffic & Lighting 10,498,035 1,127,781 5,524,423 4,130,307 766,021 4,207,591 60% Curb & Sidewalk Program 1,671,576 89,741 339,504 292,374 619,457 712,615 57% Total Expenditures by Division 12,169,611 1,217,521 5,863,927 4,422,682 1,385,478 4,920,206 60% Expenditures Personnel Salaries & Wages 2,116,646 234,254 1,454,966 1,442,616 - 661,680 69% Fringe Benefits 865,198 89,395 567,835 692,887 - 297,363 66% Total Personnel 2,981,844 323,649 2,022,801 2,135,502 - 959,043 68% Supplies 2,317,927 32,563 685,801 706,949 237,959 1,394,167 40% Services & Charges Professional Services 802,793 21,441 73,805 34,961 615,919 113,069 86% Printing & Advertising 1,000 - 141 28 529 330 67% Utilities 52,502 1,650 27,123 27,355 5,031 20,348 61% Education & Training 10,000 - 9,540 3,950 0 460 95% Travel 10,000 413 1,586 1,716 - 8,414 16% Repairs & Maintenance 780,505 69,302 583,924 648,881 80,736 115,845 85% Other Interfund Allocations 1,628,279 135,690 814,139 509,370 - 814,140 50% Debt Service - Principal 857,551 - 358,383 315,455 359,331 139,837 84% Debt Service - Interest & Fees 68,076 - 22,281 13,167 21,331 24,464 64% Other Services & Charges 159,134 7,814 14,402 9,349 326 144,406 9% Transfers Out 2,500,000 625,000 1,250,000 - - 1,250,000 50% Total Services & Charges 6,869,840 861,309 3,155,325 1,564,232 1,083,203 2,631,313 62% Capital - - - 15,998 64,316 (64,316) 0% Total Expenditures 12,169,611 1,217,521 5,863,927 4,422,682 1,385,478 4,920,207 60% Net (4,648,532) 87,759 (2,030,712) 1,185,678 (1,232,342) Cash Balance 5,983,430 8,326,377 Staffing Budget Actual Fund Purpose: Full Time 59 55 Part-Time /Seasonal/Temporary N/A 15 Total 59 70 Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Streets - Historically, Streets has used approximately $450,000 from the Local Road & Street Fund 251 (LR&S) to pay for asphalt and related paving materials. In 2018, Streets earmarked $600,000 of its street maintenance budget for contracted paving work. In 2019, it was decided to budget an additional $550,000 in the MVH Fund (202) for paving materials and to use LR&S Fund (251) dollars to fund contracted paving. Curb & Sidewalk Program - Three (3) Concrete Finishers were added to the 2019 budget. These new crew members will provide additional manpower to enable the department to complete approximately 20% more curb and sidewalk rehabilitation. Also, the addition of these employees will allow Streets to revive their Crack Sealing program, which will add to the City's pavement preservation efforts. They will also assist with leaf collection and snow contro City of South Bend, Indiana Monthly Financial Report June 30, 2019 Motor Vehicle Highway Special Revenue Funds City Funds Historically, this fund has received its revenues through gasoline taxes, but since 2008 has also received wheel tax revenues. Currently, it receives transfers from COIT to support the curb and sidewalk program, from EDIT to support street department operations and from Project ReLeaf to support leaf collection efforts in the City. This fund also receives revenue from interest earned on the fund's cash balance. This fund accounts for the operations of the following divisions of the Public Works Department: Streets, Traffic & Lighting, and Curb & Sidewalk. STREETS: The Office of Streets repairs and maintains 2,200 lane miles of road surface in the city limits. Maintenance on streets ranges from paving and patching in the summer to plowing snow in the winter. In addition to maintenance, Streets maintains around 398 miles of alley surface. Also operating under the Street Departmen is Unit 211, a 24/7 response vehicle that works with the South Bend Police Department and the South Bend Fire Department for emergencies. TRAFFIC & LIGHTING: The Office of Traffic & Lighting maintains traffic signs, signals and city-owned street lights, and is responsible for approximately 160 signalized intersections and 3,000 street lights. Not only does this office provide traffic control in construction areas for the Offices of Streets and Sewers, but Traffic & Lighting also works with the South Bend Police Department to provide traffic control for special events in the city, setting up traffic control for an average of 100 different events in a year. 25 Fund Name Fund Number 203 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - 543,839 - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - 6,845 - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - 4,374 - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue - - - 555,059 - - 0% Expenditures by Division Recreation - - - 369,593 - - 0% Marketing & Events - - - 80,578 - - 0% Total Expenditures by Division - - - 450,171 - - 0% Expenditures Personnel Salaries & Wages - - - 142,372 - - 0% Fringe Benefits - - - 11,765 - - 0% Total Personnel - - - 154,137 - - 0% Supplies - - - 51,701 - - 0% Services & Charges Professional Services - - - 37,086 - - 0% Printing & Advertising - - - 21,043 - - 0% Utilities - - - - - - 0% Education & Training - - - 2,275 - - 0% Travel - - - 1,732 - - 0% Repairs & Maintenance - - - 20 - - 0% Other Interfund Allocations - - - 55,074 - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - 127,103 - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - 244,332 - - 0% Capital - - - - - - 0% Total Expenditures - - - 450,171 - - 0% Net - - - 104,888 - Cash Balance - 889,533 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund accounted for park programs that were expected to recover most if not all of their costs through fee collections. Starting in 2019, the Recreation Nonreverting Fund (203) will be discontinued and the activity formerly appearing in this fund will be represented in the Parks & Recreation Fund (201). This will allow for better reporting and more efficient use of funds. At the end of 2018, the cash balance in the Recreation Nonreverting Fund was transferred to the Parks & Recreation Fund. The capital budget was used to repair or maintain parks and athletics equipment and facilities. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Recreation Nonreverting Special Revenue Funds City Funds This fund collected revenue from fees for camps, leagues, fitness center, special events, and other activities. 26 Fund Name Fund Number 209 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - 40,054 - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 25,000 1,982 10,441 7,158 - 14,559 42% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 100,000 - - - - 100,000 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 125,000 1,982 10,441 47,212 - 114,559 8% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 1,011,251 - 98,672 47,205 166,184 746,395 26% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 1,011,251 - 98,672 47,205 166,184 746,395 26% Capital - - - - - - 0% Total Expenditures 1,011,251 - 98,672 47,205 166,184 746,395 26% Net (886,251) 1,982 (88,231) 8 (631,836) Cash Balance 867,968 875,070 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Professional services include ground water testing and other ongoing costs related to the study and planning for the various brownfields. This fund is used to account for various EPA grants relating to brownfields. Revenues and expenditures in this fund are grant and project specific and will vary from year to year. EPA's Brownfields Program empowers states, communities, and other stakeholders to work together to prevent, assess, safely clean up, and sustainably reuse brownfields. A brownfield site is real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. Past grant activity includes: - Brownfields assessment grant: Hazardous substances grant funds and petroleum grant funds used to conduct Phase I and II environmental site assessments on a city-wide basis. Sites included a former foundry site that is now a city park, a former railroad site in the Studebaker/Oliver project area, and sites in wellhead protection areas. - Brownfields revolving loan fund grant: Grant used to capitalize a revolving loan fund from which the City of South Bend will provide loans and subgrants to support cleanup activities for sites throughout the city that are contaminated with hazardous substances. Loans will be made based on an environmental prioritization process. - Brownfields cleanup grant: Grant funds used to clean up the former Oliver Plow Works site. The site is part of the Studebaker/Oliver Plow Works Redevelopment Strategy, a phased approach for eventually redeveloping the entire Studebaker and Oliver factories into two light industrial parks. Grant funds also will be used for remediation and post-cleanup reporting, and community involvement activities. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Studebaker-Oliver Revitalizing Grants Special Revenue Funds City Funds It is unclear whether additional grants will be available. Other income is derived from repayment from the River West TIF Fund (324), with the last payment due in 2020. 27 Fund Name Fund Number 210 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants 672,857 - - 2,375 - 672,857 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 2,100 265 1,727 3,230 - 373 82% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 72,011 - 36,005 18,003 - 36,006 50% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 746,968 265 37,733 23,607 - 709,236 5% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 196,457 4,882 24,409 - 34,172 137,876 30% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance 400,000 - - - - 400,000 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal 67,582 16,832 33,538 32,551 34,001 43 100% Debt Service - Interest & Fees 4,429 1,171 2,467 3,455 1,962 - 100% Grants & Subsidies 65,000 - - - - 65,000 0% Other Services & Charges 92,400 - - - - 92,400 0% Transfers Out 230,000 - 230,000 - - - 100% Total Services & Charges 1,055,868 22,884 290,414 36,005 70,135 695,319 34% Capital - - - - - - 0% Total Expenditures 1,055,868 22,884 290,414 36,005 70,135 695,319 34% Net (308,900) (22,619) (252,681) (12,398) 13,917 Cash Balance 92,931 397,720 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund was established to track the receipt and subsequent expenditure of grants from the State of Indiana. Past expenditures include demolition of vacant and abandoned houses/lots and equipment for the Ignition Park/ND Turbo project. Expenditures are for debt service payments to the Indiana Development Finance Authority for a loan for the Indiana Brownfields Program. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Economic Development State Grants Special Revenue Funds City Funds This fund receives grant monies and revenue from interest earned on the fund's cash balance. 28 Fund Name Fund Number 211 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants 440,636 - - 160,198 - 440,636 0% Licenses & Permits - - - - - - 0% Charges for Services 259,100 15,708 93,163 104,134 - 165,937 36% Fines, Forfeitures, and Fees 2,000 - - - - 2,000 0% Interest Earnings 10,000 964 6,302 7,892 - 3,698 63% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 2,856 525 2,106 2,291 - 750 74% Interfund Allocation Reimb - - - - - - 0% Transfers In 2,350,633 587,658 1,175,317 933,010 - 1,175,316 50% Total Revenue 3,065,225 604,855 1,276,888 1,207,525 - 1,788,337 42% Expenditures Personnel Salaries & Wages 1,705,670 111,126 719,961 733,660 - 985,709 42% Fringe Benefits 609,943 40,109 252,638 323,892 - 357,305 41% Total Personnel 2,315,613 151,236 972,599 1,057,552 - 1,343,014 42% Supplies 28,460 1,257 9,410 12,046 7,411 11,639 59% Services & Charges Professional Services 266,085 14,840 83,084 132,737 100,492 82,509 69% Printing & Advertising 20,494 689 8,626 8,113 404 11,464 44% Utilities - - - - - - 0% Education & Training 12,125 - 4,383 2,911 125 7,617 37% Travel 19,700 1,025 12,577 8,209 17 7,106 64% Repairs & Maintenance 10,063 91 1,182 2,392 789 8,092 20% Other Interfund Allocations 464,363 38,697 232,181 195,534 - 232,182 50% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 15,763 1,469 9,058 5,363 2,569 4,136 74% Transfers Out - - - - - - 0% Total Services & Charges 808,593 56,811 351,090 355,260 104,395 353,106 56% Capital - - - - - - 0% Total Expenditures 3,152,666 209,303 1,333,099 1,424,858 111,806 1,707,759 46% Net (87,441) 395,552 (56,212) (217,333) 80,578 Cash Balance 675,051 895,574 Staffing Budget Actual Full Time 28 24 Part-Time /Seasonal/Temporary N/A - Total 28 24 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the activities of the Department of Community Investment (DCI). Expenditures include DCI employee wages & benefits, contractuals, economic empowerment activities. In 2019, four (4) new positions will be added: Engagement Specialist, Zoning Manager, Zoning Specialist, and an Administrative Assistant. The new staff members will allow the Department of Community Investment to increase its engagement and outreach into neighborhoods and bring the Planning Commission in-house instead of going through St. Joseph County's Area Plan Commission. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Department of Community Investment (DCI) Special Revenue Funds City Funds This fund is mainly funded by transfers from Economic Development Income Tax (EDIT) Fund 408. Transfers are made on a quarterly basis. This fund also receives revenue from federal grants and staff contracts. DCI's mission is to spur investment in a stronger South Bend by doing the following: - Attracting & retaining growing businesses - Connecting residents to economic opportunities - Planning for vibrant neighborhoods 29 Fund Name Fund Number 212 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants 7,744,914 91,720 432,234 1,187,615 - 7,312,680 6% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees 1,000 - - - - 1,000 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 1,411,390 1,101 474,422 90,281 - 936,968 34% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 9,157,304 92,821 906,656 1,277,896 - 8,250,648 10% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 300,000 - - - - 300,000 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies 7,644,915 130,593 902,672 1,314,780 2,133,348 4,608,895 40% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 7,944,915 130,593 902,672 1,314,780 2,133,348 4,908,895 38% Capital - - - - - - 0% Total Expenditures 7,944,915 130,593 902,672 1,314,780 2,133,348 4,908,895 38% Net 1,212,389 (37,772) 3,984 (36,885) 3,341,753 Cash Balance 350,340 413,943 Fund Purpose: Explanation of Significant Revenue and Expenditure Changes/Variances: This fund accounts for various grants including: Community Development Block Grant - CDBG funds can be used for a variety of community development opportunities such as providing affordable housing, a suitable living environment, and economic opportunities for individuals and families with incomes below 80 percent of the area median income. CDBG funds can also be used for the elimination of slum and blight. Emergency Solutions Grant - The ESG Program provides homeless persons with basic shelter and essential supportive services. It can assist with operational costs of the shelter facility, and for the administration of the grant. Neighborhood Stabilization Project - Congress created the Neighborhood Stabilization Program to help cities, counties and states deal with community problems that are the result of the mortgage foreclosure crisis in the nation. NSP grantees develop their own programs and funding priorities. However, NSP grantees must use at least 25 percent of the funds appropriated for the purchase and redevelopment of abandoned or foreclosed homes or residential properties that will be used to house individuals or families whose incomes do not exceed 50 percent of the area median income. In addition, all activities funded by NSP must benefit low- and moderate- income persons whose income does not exceed 120 percent of area median income. Shelter Plus Care Program - The S+C Program provides a variety of permanent housing choices, accompanied by a range of supportive services funded through other sources. S+C assists hard to serve homeless individuals with disabilities and their families. These individuals primarily include those with serious mental illness, chronic problems with alcohol and/or drugs, and HIV/AIDS or related diseases. Revenues and expenditures in this fund are grant and project specific and will vary from year to year. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Dept of Community Investment Grants Special Revenue Funds City Funds 30 Fund Name Fund Number 216 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues 30,000 184 1,060 7,389 - 28,940 4% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 4,200 524 2,660 1,603 - 1,540 63% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 200 - 200 100 - - 100% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 34,400 708 3,920 9,092 - 30,480 11% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training 20,000 - - - - 20,000 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 12,000 - - - - 12,000 0% Transfers Out - - - - - - 0% Total Services & Charges 32,000 - - - - 32,000 0% Capital - - - - - - 0% Total Expenditures 32,000 - - - - 32,000 0% Net 2,400 708 3,920 9,092 (1,520) Cash Balance 230,960 203,258 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for law enforcement expenditures financed by the state or local agencies authorized sale of confiscated property. Expenditures are to be used to support the Police Department's effort to combat drug activity. Expenditures are budgeted for law enforcement training and various Police Department expenses. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Police State Seizures Special Revenue Funds City Funds This fund receives revenue from the state or local agencies authorized sale of confiscated property. This fund's revenue stream is not a steady flow. It is dependent upon the processing and release of funds from the State for seized assets in drug activities. This fund also receives revenue from interest earned on the fund's cash balance. 31 Fund Name Fund Number 217 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Interest Earnings 5,400 722 4,073 1,001 - 1,327 75% Donations 517,500 285,853 489,521 51,519 - 27,979 95% Other Income - - - - - - 0% Transfers In 76,493 76,493 76,493 - - - 100% Total Revenue 599,393 363,069 570,086 52,520 - 29,306 95% Expenditures by Project Animal Care & Control 40,000 4,157 20,718 8,308 5,225 14,057 65% Wayfinding Signage Project 38,476 - 38,476 - - - 100% Bowman Creek Project - - - - - - 0% Bike Signage 2,500 - - - - 2,500 0% Bloomberg Mayors Challenge Award - 11,308 11,308 - 86,692 (98,000) 0% Human Rights Scholarship Program 28,150 1,850 1,850 - 8,081 18,219 35% Historic Preservation Commiss.5,000 - - - - 5,000 0% Hesburgh-MLK Memorial - - - 350 - - 0% Total Expenditures by Project 114,126 17,315 72,351 8,658 99,999 (58,224) 151% Expenditures Supplies 5,000 - - - - 5,000 0% Services & Charges Professional Services 72,976 15,465 70,501 5,525 91,917 (89,442) 223% Printing & Advertising 21,650 1,850 1,850 - - 19,800 9% Utilities - - - - - - 0% Education & Training - - - - - - 0% Trav el - - - - - - 0% Repairs & Maintenance 3,000 - - 338 - 3,000 0% Other Interfund Allocations - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 11,500 - - 2,795 8,081 3,419 70% Transfers Out - - - - - - 0% Total Services & Charges 109,126 17,315 72,351 8,658 99,999 (63,223) 158% Capital - - - - - - 0% Total Expenditures 114,126 17,315 72,351 8,658 99,999 (58,223) 151% Net 485,267 345,753 497,735 43,862 87,529 Cash Balance 662,908 144,604 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for miscellaneous contributions to the City for specific projects and the expenses related to the projects. Donations to South Bend Animal Care & Control are held in this fund. Revenues and expenditures vary depending on donations received and when projects are sufficiently funded. 2017: The major project in 2017 was the MLK/Hesburgh statue ($200,000) in Leighton Plaza. 2018-2020 expenditures include additional renovations for animal shelter, wayfinding signage, and the Bowman Creek Project. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Gift, Donation, Bequest Special Revenue Funds City Funds Donations received are generally specified for some specific purpose (e.g. animal shelter, bike paths, etc.) and cannot be used for general purposes. This fund also receives revenue from interest earned on the fund's cash balance. In 2017, Animal Care & Control started receiving an annual donation of approximately $22,300 from the Judith Westfall Irrevocable Trust. They anticipate receiving annual contributions thru 2/24/2023. In 2018, the City received a $50,000 donation from Visit South Bend Mishawaka for wayfinding signage. 01/2019 - The City received a donation of $100,000 from the Pokagon Band of the Potawatomi to be spent on the Bowman Creek Project. 04/2019 - The City received the Bloomberg Mayors Challenge award in the amount of $100,000. 06/2019 - The City received $100,000 from the St Joseph County Chamber of Commerce for the wayfinding signage project. 06/2019 - The City received another installment of the Bloomberg Mayors Challenge award in the amount of $174,000. 06/2019 - The City moved the Human Rights Scholarship program cash to this fund to better track the donations and expenditure of those donations. 32 Fund Name Fund Number 218 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees 200 13 25 50 - 175 13% Interest Earnings 300 30 153 103 - 147 51% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 500 43 178 153 - 322 36% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 1,000 - - - - 1,000 0% Transfers Out - - - - - - 0% Total Services & Charges 1,000 - - - - 1,000 0% Capital - - - - - - 0% Total Expenditures 1,000 - - - - 1,000 0% Net (500) 43 178 153 (678) Cash Balance 13,284 12,993 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for monies received from Juvenile Positive Assistance. Juvenile Positive Assistance accounts for monies received from penalties paid for curfew violations. In recent years, this fund has received very little revenue. The Police Department has not been spending this fund's cash balance in order to let the fund build up a better cash reserve. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Police Curfew Violations Special Revenue Funds City Funds This fund receives monies from Juvenile Positive Assistance. This fund also receives revenue from interest earned on the fund's cash balance. 33 Fund Name Fund Number 219 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees 266,200 26,728 110,726 73,257 - 155,474 42% Interest Earnings 8,000 1,359 6,516 1,443 - 1,484 81% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 1,200 10 1,122 - - 78 94% Interfund Allocation Reimb - - - - - - 0% Transfers In 681,491 170,373 340,746 324,137 - 340,745 50% Total Revenue 956,891 198,470 459,110 398,836 - 497,781 48% Expenditures Personnel Salaries & Wages 191,978 14,782 90,313 85,633 - 101,665 47% Fringe Benefits 79,869 5,091 32,710 47,422 - 47,159 41% Total Personnel 271,847 19,873 123,023 133,055 - 148,824 45% Supplies 26,450 2,470 12,059 9,504 2,505 11,886 55% Services & Charges Professional Services 73,500 4,000 22,000 18,500 4,500 47,000 36% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance 445,222 18,782 47,990 67,702 77,397 319,835 28% Other Interfund Allocations 34,894 2,908 17,446 28,962 - 17,448 50% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 166,944 6,227 39,744 31,217 21,146 106,054 36% Transfers Out - - - - - - 0% Total Services & Charges 720,560 31,917 127,180 146,381 103,043 490,337 32% Capital 24,580 - 24,580 - - - 100% Total Expenditures 1,043,437 54,260 286,841 288,939 105,548 651,047 38% Net (86,546) 144,210 172,269 109,897 (153,266) Cash Balance 718,024 492,068 Staffing Budget Actual Full Time 4 4 Part-Time /Seasonal/Temporary N/A 2 Total 4 6 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: The Unsafe Building Fund was established in 2016 to receive fines and fees related to Indiana's Unsafe Building law. The expenses incurred for board-ups, demolitions, ordinance violation abatements, and other related services are recorded here. The Unsafe Building Fund is an extension of the Department of Code Enforcement and shares the same mission to ensure a safe and clean community by upholding and enforcing the ordinances of the City of South Bend, the Indiana Unsafe Building Law, and the 2000 International Property Maintenance Code. Code Enforcement not only cites neglected properties through its team of inspectors, it also pursues citizens' complaints, partners with volunteer neighborhood associations for neighborhood clean-ups, and works directly through community outreach programs to enrich the City of South Bend's neighborhoods. This fund accounts for the activities of the Neighborhood Enhancement Activity Team (NEAT) Crew, charged with maintaining property standards regarding property cleanliness and upkeep. The City's mowing and graffiti removal programs are also run through this fund. The NEAT Crew is a division of Code Enforcement. Expenses include employee wages & benefits, attorney fees for code hearings (2 hearings/week, 50 weeks/year), city-wide centralized mowing through Venues, Parks & Arts (VPA), city-wide graffiti removal program through VPA, landfill dumping fees, and tire disposal fees. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Unsafe Building Special Revenue Funds City Funds Neighborhood Enforcement Action Team (NEAT) derives its income from fees charged to homeowners and/or businesses for environmental clean-ups. These clean ups consist of illegal dumping of household items, tires, building materials, appliances, and any other form of litter and debris. Additional fines may be assessed for failure to comply upon notification. Revenue in Fines, Forfeitures, and Fees represent miscellaneous collections for delinquent billing through invoices which were deemed uncollectible, and therefore turned over to a collection agency. Also included in this category is revenue collected by the Ordinance Violation Bureau for fines levied against property owners for certain violations tagged by Code Enforcement. In addition, Fund 219 will receive quarterly interfund operating transfers from Fund 408 (EDIT). This fund also receives revenue from interest earned on the fund's cash balance. 34 Fund Name Fund Number 220 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 140,000 10,954 64,514 65,814 - 75,486 46% Fines, Forfeitures, and Fees 116,000 4,614 53,326 41,252 - 62,674 46% Interest Earnings 6,900 896 4,673 4,570 - 2,227 68% Debt Proceeds - - - - - - 0% Donations 2,000 - - - - 2,000 0% Other Income 55,718 (31) 37,119 12,874 - 18,599 67% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 320,618 16,433 159,631 124,511 - 160,986 50% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies 295,556 7,477 102,924 71,964 54,382 138,250 53% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training 91,990 239 48,637 32,378 - 43,353 53% Travel 60,000 10,146 20,425 19,070 - 39,575 34% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 70,000 2,600 33,218 14,630 - 36,782 47% Transfers Out - - - - - - 0% Total Services & Charges 221,990 12,985 102,280 66,078 - 119,710 46% Capital - - - - - - 0% Total Expenditures 517,546 20,461 205,204 138,043 54,382 257,960 50% Net (196,928) (4,028) (45,573) (13,532) (96,974) Cash Balance 408,013 571,857 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to fund the continuing education for the officers of the South Bend Police Department. Expenditures include educational materials and equipment, conference and training registration, and travel costs for conferences/trainings. In recent years, the Police Department has been spending down the cash balance in this fund as they attend various trainings and purchase new equipment. This fund's revenues will not be able to support current spending levels. In the future, the Police Department may look for other budget sources to fund education and training, such as paying for it out of the Police Department's budget in the General Fund (101). City of South Bend, Indiana Monthly Financial Report June 30, 2019 Law Enforcement Continuing Education Special Revenue Funds City Funds This fund is funded by fees from accident reports, gun permits, false alarm and loud noise fines. This fund also receives revenue from interest earned on the fund's cash balance. 35 Fund Name Fund Number 221 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees 4,000 1,250 1,450 310 - 2,550 36% Interest Earnings 180 23 118 39 - 62 66% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 4,180 1,273 1,568 349 - 2,612 38% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 500 - - 5 - 500 0% Transfers Out - - - - - - 0% Total Services & Charges 500 - - 5 - 500 0% Capital - - - - - - 0% Total Expenditures 500 - - 5 - 500 0% Net 3,680 1,273 1,568 344 2,112 Cash Balance 11,696 10,029 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the revenues and expenditures related to the Landlord Registration ordinance, enacted by the Common Council in 2016. Any revenues from penalties are to be used to subsidize the City's Curb & Sidewalk program, however the Landlord Registration Program elsewhere in the State of Indiana is under State legal review. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Landlord Registration Special Revenue Funds City Funds The proceeds from the registration, $5 registration fee per year, will fund Code Enforcement's costs of the program. There is a penalty of $100 to $500 per landlord for failure to comply with the ordinance. This fund also receives revenue from interest earned on the fund's cash balance. 36 Fund Name Fund Number 227 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 11,400 1,366 7,218 6,112 - 4,182 63% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 11,400 1,366 7,218 6,112 - 4,182 63% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 33,997 - 1,211 11,460 8,997 23,789 30% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 236,100 - 36,100 125,000 - 200,000 15% Transfers Out - - - - - - 0% Total Services & Charges 270,097 - 37,311 136,460 8,997 223,789 17% Capital 2,409 - - 18,099 2,409 - 100% Total Expenditures 272,506 - 37,311 154,559 11,406 223,789 18% Net (261,106) 1,366 (30,092) (148,447) (219,607) Cash Balance 597,059 698,171 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established in 2008 with the recovery of monies from lawsuits brought about by environmental actions on the Studebaker and Oliver industrial sites. The fund continues to receive, intermittently, monies from similar settlements. The fund is used for capital projects and the Vacant and Abandoned Housing initiative. In 2019, this fund will be used to fund legal professional services related to environmental issues and granular activated carbon reconditioning. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Loss Recovery Special Revenue Funds City Funds At this time, the only revenue comes from interest earned on the fund's cash balance. 37 Fund Name Fund Number 249 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes 8,560,555 713,380 4,924,852 4,672,566 - 3,635,703 58% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 34,000 6,651 25,989 6,379 - 8,011 76% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 8,594,555 720,030 4,950,842 4,678,945 - 3,643,714 58% Expenditures by Dept 249-0805 Police PS LOIT 4,454,976 341,749 1,715,033 2,314,700 - 2,739,943 38% 249-0905 Fire PS LOIT 4,111,579 373,698 1,679,043 1,662,661 - 2,432,536 41% Total Expenditures by Dept 8,566,555 715,447 3,394,076 3,977,361 - 5,172,479 40% Expenditures Personnel Salaries & Wages 6,549,606 548,980 2,604,077 2,937,767 - 3,945,529 40% Fringe Benefits 2,016,949 166,467 789,999 1,039,594 - 1,226,950 39% Total Personnel 8,566,555 715,447 3,394,076 3,977,361 - 5,172,479 40% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital - - - - - - 0% Total Expenditures 8,566,555 715,447 3,394,076 3,977,361 - 5,172,479 40% Net 28,000 4,584 1,556,766 701,584 (1,528,765) Cash Balance 3,514,933 1,688,964 Staffing - Full Time Budget Actual Fund Purpose: Sworn Police Officers 45 46 Sworn Firefighters 45 45 Total 90 91 Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund covers the costs of wages and fringe benefits for 45 police officers and 45 firefighters. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Public Safety LOIT Special Revenue Funds City Funds The City has adopted a special income tax of one quarter of one percent (0.25%) to be used solely for the salaries of public safety employees who were formerly paid by property taxes. Public Safety Local Option Income Tax (LOIT) revenue is expected to increase approximately 2% per year. The Public Safety Local Option Income Tax (LOIT) Fund was established in 2010 due to Indiana's property tax "circuit breaker" system that effectively limited property tax receipts. 38 Fund Name Fund Number 251 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues 1,695,689 159,766 930,370 937,497 - 765,319 55% Intergov./ Grants 320,000 - 86,812 249,606 - 233,188 27% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 75,000 11,344 51,565 30,181 - 23,435 69% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 30,000 - 28,978 402,960 - 1,022 97% Interfund Allocation Reimb - - - - - - 0% Transfers In 2,500,000 625,000 1,250,000 - - 1,250,000 50% Total Revenue 4,620,689 796,110 2,347,726 1,620,244 - 2,272,964 51% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies 339,675 830 58,342 108,262 31,333 250,000 26% Services & Charges Professional Services 878,000 54,315 122,955 - 75,045 680,000 23% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance 923,926 29,634 157,078 344,137 263,621 503,227 46% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 5,000 - 5,000 - - - 100% Transfers Out 600,000 - - - - 600,000 0% Total Services & Charges 2,406,926 83,949 285,033 344,137 338,666 1,783,227 26% Capital 4,348,109 166,000 364,290 201,223 435,353 3,548,466 18% Total Expenditures 7,094,710 250,779 707,665 653,621 805,352 5,581,693 21% Net (2,474,021) 545,331 1,640,061 966,622 (3,308,729) Cash Balance 5,568,475 4,302,167 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: City Funds City of South Bend, Indiana Monthly Financial Report June 30, 2019 Local Roads & Streets Special Revenue Funds This fund receives gas taxes from the State of Indiana as its primary revenue source. In 2008, wheel tax revenue was moved from this fund to the Motor Vehicle Highway Fund (202). This fund also receives revenue from interest earned on the fund's cash balance. Grants/Intergovernmental revenue is provided by the Indiana Department of Transportation (INDOT) and reimbursed through progress billing for state approved projects. Also for 2019 we show a $2.5M transfer in from the Economic Development Income Tax Fund (EDIT Fund 408) to cover the cost of Bendix Road Project. Supplies • Street Department Supplies - $250,000 Repairs & Maintenance • Street Maintenance - $250,000 • Traffic Signal Maintenance - $400,000 Professional Services • MACOG, Other - $30,000 • Marking Maintenance - $50,000 • Outsourced Street Paving - $600,000 Capital Projects • Traffic Calming Devices - $250,000 • West Side Quiet Zone - $350,000 • Century Center Dam Repair - $200,000 • Olive LPA Project LID - $250,000 • Community Crossings (interfund transfer out to Fund 265) - $600,000 • Bendix LPA Project (funded by interfund transfer from EDIT Fund 408) - $2,500,000 Acronyms: MACOG - Michiana Area Council of Government, LPA - Local Public Agencies, LID - Local Improvement District This fund is used to track expenditures for road projects. 39 Fund Name Fund Number 257 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants 215,000 - - 670,000 - 215,000 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 12,500 1,079 6,459 20,778 - 6,041 52% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 92,453 16,124 92,453 54,687 - - 100% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 319,953 17,202 98,912 745,464 - 221,041 31% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 322,319 9,217 111,776 325,630 169,552 40,991 87% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 322,319 9,217 111,776 325,630 169,552 40,991 87% Capital 578,944 21,134 313,189 164,521 265,754 1 100% Total Expenditures 901,263 30,351 424,965 490,151 435,307 40,992 95% Net (581,310) (13,149) (326,053) 255,313 180,049 Cash Balance 433,094 2,536,651 Fund Purpose: Explanation of Revenue Sources: Explanation of Significant Spending on Capital Projects: In 2019, $65,000 is budgeted for a traffic signal study. Expenditures have been adjusted to work within the confines of the available cash balance. Projects include: Ironwood pavement restoration, Olive Street repairs, Bendix Drive, West Side Quit Zone, Boland Trail, Safe Routes to School (SRTS) Monroe/Studebaker. This fund was established in 2016, per the State Board of Accounts (SBOA), to receive a one-time payment of local income taxes from the State for the purpose of infrastructure expenditures. Per the state statute, a minimum of 75% must be spent on infrastructure projects. A total of $4,217,549, representing 75% of the total distribution, was deposited in May 2016, comprised of $4,160,901 distributed to the City and $56,648 distributed to the Redevelopment Authority. The remainder was deposited into the Rainy Day Fund (102). City of South Bend, Indiana Monthly Financial Report June 30, 2019 LOIT Special Distribution Special Revenue Funds City Funds 2019 Grants/Intergovernmental revenue show a decrease of $883K. Incoming grants reimbursements are expected to be lower in future years. This fund receives revenue from interest earned on the fund's cash balance. 40 Fund Name Fund Number 258 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants 145,000 - 77,500 49,150 - 67,500 53% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 7,000 1,072 5,274 3,898 - 1,726 75% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 20,400 (11,060) 270 16,210 - 20,130 1% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 172,400 (9,988) 83,044 69,258 - 89,356 48% Expenditures Personnel Salaries & Wages 108,930 31,935 59,255 26,443 - 49,675 54% Fringe Benefits 41,158 7,892 17,321 12,864 - 23,837 42% Total Personnel 150,088 39,827 76,576 39,307 - 73,512 51% Supplies 2,000 - 266 660 1,534 200 90% Services & Charges Professional Services 27,800 1,667 11,691 13,852 9,992 6,117 78% Printing & Advertising 22,000 (1,850) - 9,999 - 22,000 0% Utilities - - - - - - 0% Education & Training 3,500 348 348 15 214 2,938 16% Travel 15,300 128 2,250 188 - 13,050 15% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 14,300 12 252 8,430 - 14,048 2% Transfers Out - 76,493 76,493 - - (76,493) 0% Total Services & Charges 82,900 76,798 91,034 32,484 10,206 (18,340) 122% Capital - - - - - - 0% Total Expenditures 234,988 116,625 167,876 72,451 11,739 55,372 76% Net (62,588) (126,613) (84,832) (3,193) 33,984 Cash Balance 444,579 568,786 Staffing Budget Actual Full Time 2 2 Part-Time /Seasonal/Temporary N/A - Total 2 2 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund tracks the portion of the Human Rights Department that is funded by the federal government. The Human Rights Department's mission is to educate and promote fair housing as well as ensure that all citizens receive equal employment opportunity. In 2019, the Employment Manager position was moved from the General Fund (101) to the Human Rights Federal Grant Fund (258). This position handles all EEOC issues. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Human Rights Federal Grant Special Revenue Funds City Funds This fund is funded by federal grants, including grants from the Department of Housing & Urban Development (HUD) and the Equal Employment Opportunity Commission (EEOC). 41 Fund Name Fund Number 265 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants 600,000 - - - - 600,000 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 6,000 756 3,862 3,249 - 2,138 64% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In 600,000 - - - - 600,000 0% Total Revenue 1,206,000 756 3,862 3,249 - 1,202,138 0% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance 1,283,291 - 798 407,491 82,493 1,200,000 6% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 1,283,291 - 798 407,491 82,493 1,200,000 6% Capital - - - - - - 0% Total Expenditures 1,283,291 - 798 407,491 82,493 1,200,000 6% Net (77,291) 756 3,064 (404,241) 2,138 Cash Balance 333,150 588,702 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established in December 2016 to account for the receipt of the Community Crossings state grant and matching revenue and for the payment of expenditures on eligible projects, per the Indiana State Board of Accounts (SBOA). Community Crossings is a partnership between the Indiana Department of Transportation (INDOT) and Hoosier communities, both urban and rural, to invest in infrastructure projects that catalyze economic development, create jobs, and strengthen local transportation networks. Expenditures are calculated on grant proceeds, plus the City's matching portion. 2019 expenditures are for City-wide paving projects. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Local Road & Bridge Grant Special Revenue Funds City Funds In February 2017, the City received the $1 million Community Crossings state grant from INDOT. $1 million was transferred from LOIT 2016 Special Distribution Fund (257) to match the grant revenue. Community Crossings Matching Grant is based on available pooled resources by the State of Indiana and the number of municipalities requesting the grant money. The actual grant dollars received in 2018 were $670,000; therefore 2019 budgeted revenues were based on a conservative estimate. This fund also receives revenue from interest earned on the fund's cash balance. 42 Fund Name Fund Number 266 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Intergov./ Shared Revenues 3,149,515 283,202 1,634,962 - - 1,514,553 52% Charges for Services - - - - - - 0% Interest Earnings - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 3,149,515 283,202 1,634,962 - - 1,514,553 52% Expenditures by Division Streets/Traffic & Lighting 3,148,615 217,746 286,496 - 244,226 2,617,893 17% Curb & Sidewalk Program - - - - - - 0% Total Expenditures by Division 3,148,615 217,746 286,496 - 244,226 2,617,893 17% Expenditures Personnel Salaries & Wages 1,109,500 - - - - 1,109,500 0% Fringe Benefits 401,225 - - - - 401,225 0% Total Personnel 1,510,725 - - - - 1,510,725 0% Supplies 1,195,690 210,847 236,343 - 244,226 715,121 40% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance 442,200 6,899 50,153 - - 392,047 11% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 442,200 6,899 50,153 - - 392,047 11% Capital - - - - - - 0% Total Expenditures 3,148,615 217,746 286,496 - 244,226 2,617,893 17% Net 900 65,456 1,348,467 - (1,103,340) Cash Balance 1,348,467 - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: The MVH Restricted Fund was established in 2019 due to a directive from the State Board of Accounts: Starting on January 1, 2019, the political subdivision must post at the time of receipt of the distribution from the State Motor Vehicle Highway Account fifty percent (50%) of the distribution to MVH Restricted. The political subdivision, by ordinance or resolution, may elect to allocate more than fifty percent (50%) of the distributions to MVH Restricted. During the same fiscal year, the political subdivision may transfer, by ordinance or resolution, the amount allocated in excess of the 50% requirement from MVH Restricted to MVH. In no event can any transfers from MVH Restricted to MVH reduce the fiscal year distributions from the State Motor Vehicle Highway Account below the 50% requirement for MVH Restricted. Any amounts allocated in excess of the required 50% of distributions which remain in MVH Restricted at the end of the fiscal year must remain in MVH Restricted until expended for construction, reconstruction, or preservation. This fund receives 50% of the City's gas tax and wheel tax distribution from the State of Indiana. This fund also receives revenue from interest earned on the fund's cash balance. Qualified Expenditures: Effective July 1, 2018, Indiana Code 8-14-1-4(b) and Indiana Code 8-14-1-5(c) requires at least 50% of the MVH distributions to be used for construction, reconstruction and preservation of the unit’s highways . Maintenance expenditures do not count toward the 50% requirement. City of South Bend, Indiana Monthly Financial Report June 30, 2019 MVH Restricted Fund Special Revenue Funds City Funds 43 Fund Name Fund Number 273 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 15,000 1,200 10,951 5,888 - 4,049 73% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 1,200 154 709 448 - 491 59% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 16,200 1,354 11,661 6,336 - 4,540 72% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising 30,000 1,434 1,434 2,858 3,815 24,751 17% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 30,000 1,434 1,434 2,858 3,815 24,751 17% Capital - - - - - - 0% Total Expenditures 30,000 1,434 1,434 2,858 3,815 24,751 17% Net (13,800) (80) 10,227 3,478 (20,211) Cash Balance 67,696 58,632 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: The Morris Performing Arts Center and Palais Royale Marketing Fund was established as a separate, non-reverting fund to receive monies from solicitation of funds for commercial promotion sponsorships such as commercial ads on ticket envelopes and Morris Marquee sponsorships; and to accept donations to The Morris Performing Arts Center and Palais Royale. All sums so collected and deposited in this fund are to be used for the sole purpose of assisting with continued promotions of and within both the Morris Performing Arts Center and Palais Royale. Expenditures are for advertisements and promotional services. The City is able to not only advertise on the local area digital billboards, but also secure sponsorships to help fund the advertising displayed on them. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Morris PAC / Palais Royale Marketing Special Revenue Funds City Funds Revenue for this fund is collected through donations and sponsorships and used to assist with continued promotions of and within the Morris Complex. This fund also receives revenue from interest earned on the fund's cash balance. 44 Fund Name Fund Number 274 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 125,000 1,059 47,845 63,721 - 77,155 38% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 2,100 318 1,359 124 - 741 65% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 127,100 1,377 49,204 63,845 - 77,896 39% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 15,000 - - - - 15,000 0% Printing & Advertising 60,000 - - - - 60,000 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 75,000 - - - - 75,000 0% Capital - - - - - - 0% Total Expenditures 75,000 - - - - 75,000 0% Net 52,100 1,377 49,204 63,845 2,896 Cash Balance 150,922 63,845 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was created to account for Self Promoter Events. Earnings on self-promoted events will be retained in this fund. Expenditures are for marketing and advertising for the Morris Performing Arts Center. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Morris PAC Self-Promotion Special Revenue Funds City Funds This fund receives revenue from a ticket surcharge. There is a ticket surcharge fee of $3.50 per ticket sold: $1.50 deposited into the General Fund (101), $1.00 deposited into Morris/Palais Self-Promotion Fund (274), and $1.00 deposited into Morris PAC Capital Fund (416). This fund also receives revenue from interest earned on the fund's cash balance. 45 Fund Name Fund Number 280 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 70 9 47 32 - 23 67% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 70 9 47 32 - 23 67% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital - - - - - - 0% Total Expenditures - - - - - - 0% Net 70 9 47 32 23 Cash Balance 4,038 3,953 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund has been used to account for certain Police grants. Justice Assistance Grant 2009-SB-B9-1280 was essentially completed in 2014. There are no open grants at this time. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Police Block Grants Special Revenue Funds City Funds Currently, this fund only receives revenue from interest earned on the fund's cash balance. 46 Fund Name Fund Number 281 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - 225 - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue - - - 225 - - 0% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital - - - - - - 0% Total Expenditures - - - - - - 0% Net - - - 225 - Cash Balance - 28,091 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund was used for the expenses of Economic Development Revenue Bonds. These bonds have been paid off. The remaining cash balance was transferred to the Redevelopment General Fund 433 in 2018. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Economic Develop Commission-Revenue Bonds Special Revenue Funds City Funds 47 Fund Name Fund Number 289 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 10,000 - 9,350 - - 650 94% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 420 64 278 220 - 142 66% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 10,420 64 9,628 220 - 792 92% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies 10,472 - 529 - - 9,943 5% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital - - - - - - 0% Total Expenditures 10,472 - 529 - - 9,943 5% Net (52) 64 9,100 220 (9,151) Cash Balance 28,180 27,683 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund is used to account for the cost of the Hazardous Materials Response team. By ordinance the South Bend Fire Department charges businesses for Hazardous Materials Response. This typically happens once or twice a year. There are no employees associated with this fund, responses are made by firefighters of the South Bend Fire Department. In recent years, this fund has been used to purchase supplies for the HAZMAT response team. No major capital expenditures are planned through this fund. Major purchases are funded through the Fire Department and EMS Capital and the minimal fees collected in this fund are used to replace equipment and gear used in responses. City of South Bend, Indiana Monthly Financial Report June 30, 2019 HAZMAT Special Revenue Funds City Funds Funding is entirely dependent on the number of billable Hazardous Material responses in any given calendar year. This fund also receives revenue from interest earned on the fund's cash balance. 48 Fund Name Fund Number 291 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 100,000 1,950 74,960 41,520 - 25,040 75% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 3,500 572 2,584 1,087 - 916 74% Debt Proceeds - - - - - - 0% Donations 24,945 - 24,945 - - - 100% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 128,445 2,522 102,489 42,607 - 25,956 80% Expenditures Personnel Salaries & Wages 13,000 - 462 1,500 - 12,538 4% Fringe Benefits 2,500 - - - - 2,500 0% Total Personnel 15,500 - 462 1,500 - 15,038 3% Supplies 43,745 608 4,628 8,440 2,326 36,791 16% Services & Charges Professional Services - - - - - - 0% Printing & Advertising 1,000 - 890 - - 110 89% Utilities - - - - - - 0% Education & Training 9,000 2,059 7,007 - 1,237 756 92% Travel 14,500 - 705 3,905 237 13,558 6% Repairs & Maintenance 51,520 - 7,520 68 - 44,000 15% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - 600 - - 0% Transfers Out - - - - - - 0% Total Services & Charges 76,020 2,059 16,122 4,573 1,474 58,424 23% Capital - - - - - - 0% Total Expenditures 135,265 2,667 21,211 14,513 3,800 110,253 18% Net (6,820) (145) 81,278 28,094 (84,297) Cash Balance 263,302 151,763 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund is used to account for the revenue from tuition fees for students attending the Indiana River Rescue School (IRRS) and the expenditures of that revenue. There are typically 2-4 schools a year, each a week in duration. The IRRS is administered by the South Bend Fire Department under the direction of the Special Operations Bureau. The majority of instructors are comprised of South Bend Firefighters and Conservation Officers from the IDNR. The 5 day school includes extensive field training on the St. Joseph River and it's unique "L" shaped dam, and the East Race Waterway. The East Race Waterway is a 2000' run which winds through the heart of the city. It has been the site of many U.S. Olympic trials and World Class kayak events. It allows for realistic but controlled training in river rescue, what is now formally known as the premier training ground for "Swiftwater rescue." Class lectures will provide a background in theory and concepts that enables students to go directly to the water. Students become familiar with such equipment as inflatable boats, outboards, rescue ropes, rope rescue systems & necessary personal gear. Many of our teaching sites have actual accident histories. Expenditures are for the maintenance and repair of rescue equipment and the wages for the instructors. No major expenditures are planned. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Indiana River Rescue Special Revenue Funds City Funds This fund collects tuition fees for students attending the Indiana River Rescue School. Funding relies on the number of Indiana River Rescue School (IRRS) courses offered in any given year. In recent years, demand from the fire departments of Chicago and New York has increased the need for additional dedicated classes. In those years, revenue can increase dramatically. This fund also receives revenue from interest earned on the fund's cash balance. 49 Fund Name Fund Number 292 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue - - - - - - 0% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital - - - - - - 0% Total Expenditures - - - - - - 0% Net - - - - - Cash Balance 26,716 48,451 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund was established to track the revenue and expenditures related to specific Federal Grants. Federal Grant revenue and expenditures are now tracked in Fund 295. In 2017 and 2018, this fund was used to pay for a portion of the costs of updating the standard operating procedure (SOP) manual for the Police Department. There are no planned expenditures at this time for 2019. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Police Grants Special Revenue Funds City Funds There isn't a source of revenue at this time. 50 Fund Name Fund Number 294 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 20,000 175 17,475 20,967 - 2,525 87% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 1,800 260 1,259 746 - 541 70% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 2,000 - 175 - - 1,825 9% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 23,800 435 18,909 21,713 - 4,891 79% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies 1,500 - - 190 - 1,500 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training 10,000 - 157 6,150 - 9,843 2% Travel 1,500 - - - - 1,500 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 9,500 419 3,120 2,833 747 5,633 41% Transfers Out - - - - - - 0% Total Services & Charges 21,000 419 3,278 8,983 747 16,976 19% Capital - - - - - - 0% Total Expenditures 22,500 419 3,278 9,173 747 18,476 18% Net 1,300 16 15,632 12,540 (13,585) Cash Balance 114,284 99,878 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund was established to fund the cost of course material and instructors at the South Bend Police Academy. There are no major expenditures planned for this fund. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Regional Police Academy Special Revenue Funds City Funds The enforcement courses are offered to other police departments who pay a fee to attend the training. This fund also receives revenue from interest earned on the fund's cash balance. 51 Fund Name Fund Number 295 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants 53,750 - - 25,422 - 53,750 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees 10,000 707 5,132 6,051 - 4,868 51% Interest Earnings 3,800 369 2,081 1,078 - 1,719 55% Debt Proceeds - - - - - - 0% Donations 5,300 - 2,050 - - 3,250 39% Other Income 24,500 - 1,949 14,012 - 22,551 8% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 97,350 1,076 11,212 46,563 - 86,138 12% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies 88,554 - 34,449 19,215 23,847 30,258 66% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training 300 - 300 - - - 100% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 44,700 960 23,326 44,655 720 20,654 54% Transfers Out - - - - - - 0% Total Services & Charges 45,000 960 23,626 44,655 720 20,654 54% Capital - - - - - - 0% Total Expenditures 133,554 960 58,074 63,870 24,567 50,912 62% Net (36,204) 116 (46,862) (17,306) 35,226 Cash Balance 155,610 117,850 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to track Federal Grants received for specific purposes outlined in each grant. The cash balance results from funds received from the grants along with impound towing fees. This fund is used to pay for a youth boxing program. The South Bend Police Athletic League (PAL) relaunched in 2006 with the founding of the South Bend Police Boxing Club. This free program matches cops and youth ages 10-18 in a sports mentoring environment. The objective of the Boxing Club is to encourage young people to value peaceful and positive ways to resolve differences and frustrations. It’s a way for youth to "put down" violence and death—and "put on" the boxing gloves for a better life. In 2018, this fund was used to pay for some of the cost of new video surveillance systems in the police cars. City of South Bend, Indiana Monthly Financial Report June 30, 2019 COPS MORE Grant Special Revenue Funds City Funds The Community-Oriented Policing Services (COPS) Office of the Department of Justice offers grants through the Making Officer Redeployment Effective (MORE) program. This fund also receives revenue from interest earned on the fund's cash balance. 52 Fund Name Fund Number 299 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues 50,000 - - 6,201 - 50,000 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 3,600 290 1,802 1,130 - 1,798 50% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 53,600 290 1,802 7,330 - 51,798 3% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies 6,000 - - - - 6,000 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital 45,000 21,000 43,499 - - 1,501 97% Total Expenditures 51,000 21,000 43,499 - - 7,501 85% Net 2,600 (20,710) (41,696) 7,330 44,297 Cash Balance 112,223 138,059 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund was established to receive the Police Department share of money acquired in drug enforcement activity. Expenditures are to be used to fund drug enforcement and training. Budgeted expenditures are for replacement of police cars and for supplies related to drug enforcement and training. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Police Federal Drug Enforcement Special Revenue Funds City Funds This fund receives the Police Department's share of money acquired in drug enforcement activity. This fund also receives revenue from interest earned on the fund's cash balance. 53 Fund Name Fund Number 404 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Local Income Taxes 12,148,294 1,012,358 6,805,700 6,886,587 - 5,342,594 56% Intergov./ Grants 12,500 - 12,500 - - - 100% Interest Earnings 230,000 28,458 143,558 70,852 - 86,442 62% Other Income 62,012 - 32,012 80,868 - 30,000 52% Transfers In 927,077 - 927,077 324,171 - - 100% Total Revenue 13,379,883 1,040,816 7,920,846 7,362,478 - 5,459,036 59% Expenditures by Activity Goodwill Strategic Outreach 130,000 - 65,000 91,000 65,000 - 100% Election Costs 120,000 187,026 187,026 - - (67,026) 156% Debt Service & Other 577,188 10,000 254,288 587,707 222,900 100,000 83% South Bend Art Museum 65,000 - 65,000 65,000 - - 100% Studebaker Museum 279,622 23,302 139,812 138,933 - 139,810 50% Light Up South Bend 338,101 200 148,874 9,287 103,893 85,334 75% Street Paving 1,938,323 484,438 968,875 12,755 573 968,875 50% Utilities & Services 2,436,601 144,493 1,269,387 1,512,391 8,652 1,158,562 52% Curb & Sidewalk 1,500,000 375,000 750,000 750,000 - 750,000 50% Information Technology 3,052,662 2,430 525,781 2,874 115,381 2,411,500 21% Police Department 1,643,740 - 509,368 682,104 1,109,371 25,001 98% Fire Department & EMS 926,579 231,645 463,290 91,882 - 463,289 50% Community Investment 2,402,354 34,687 597,596 99,812 436,519 1,368,239 43% Parks Administration 400,000 100,000 200,000 643,800 - 200,000 50% Corridor Ambassadors 351,050 58,794 346,659 184,453 - 4,391 99% Vacant & Abandoned 847,208 25,620 265,677 - 82,791 498,740 41% Total Expenditures by Activity 17,008,428 1,677,634 6,756,633 4,871,998 2,145,080 8,106,715 52% Expenditures by Type Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies 278,101 - 140,713 385,662 73,759 63,629 77% Services & Charges Professional Services 3,707,354 11,159 740,884 54,485 366,835 2,599,635 30% Printing & Advertising - - - - - - 0% Utilities 1,570,000 143,051 865,229 856,414 - 704,771 55% Repairs & Maintenance 631,354 - 360,918 854,027 573 269,863 57% Other Interfund Allocations 8,631 719 4,317 3,438 - 4,314 50% Debt Service - Principal 1,603,620 2,233 499,647 488,968 1,103,973 - 100% Debt Service - Interest & Fees 44,282 197 24,302 32,088 19,979 1 100% Grants & Subsidies 1,952,816 52,925 705,563 282,055 208,318 1,038,935 47% Other Services & Charges 1,779,078 272,882 958,993 512,475 172,443 647,642 64% Transfers Out 4,764,329 1,191,082 2,382,165 1,393,800 - 2,382,164 50% Total Services & Charges 16,061,464 1,674,248 6,542,017 4,477,750 1,872,119 7,647,325 52% Capital 668,863 3,386 73,904 8,585 199,201 395,758 41% Total Expenditures 17,008,428 1,677,634 6,756,633 4,871,998 2,145,080 8,106,712 52% Net (3,628,545) (636,819) 1,164,213 2,490,480 (2,647,676) Cash Balance 12,960,409 11,091,773 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the receipt and county option income tax (COIT) and expenditures of those funds. Funds are used for debt service payments for police cars & equipment, certain organizations' grants and operational subsidies, capital expenditures and other uses as deemed by the Mayor and Council. Starting in 2019, the interfund transfer to the Motor Vehicle Highway Fund (202) for street paving will be paid from COIT instead of EDIT Fund (408). The City is replacing its 20+ year-old accounting software system. It is an 18 month long implementation with an anticipated go-live date of April 2020. The cost of the software and implementation will be paid out of COIT. $150,000 is budgeted for a goodwill strategic outreach unit focused on community oriente policing. City of South Bend, Indiana Monthly Financial Report June 30, 2019 County Option Income Tax Special Revenue Funds City Funds This fund receives County Option Income Tax (COIT) revenue. The revenue is determined annually by the Indiana Dept of Local Government Finance (DLGF). Other Income is principal from an interfund loan (debt schedule #82) being repaid by the UDAG Fund (410). This fund also receives revenue from interest earned on the fund's cash balance. 54 Fund Name Fund Number 408 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes 11,632,846 966,436 6,676,038 6,525,010 - 4,956,808 57% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 150,000 - - - - 150,000 0% Fines, Forfeitures, and Fees 354,660 - 354,660 354,660 - - 100% Interest Earnings 285,000 38,284 183,476 105,969 - 101,524 64% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 7,501 1,907 7,501 582,971 - - 100% Transfers In 178,534 - 178,534 - - - 100% Total Revenue 12,608,541 1,006,627 7,400,209 7,568,610 - 5,208,332 59% Expenditures by Activity Debt Service & Other 415,000 - 150,000 1,120,680 50,000 215,000 48% Street Paving - - - 968,875 - - 0% PSAP 2,857,018 234,834 1,409,006 998,035 1,409,006 39,006 99% Community Investment 6,997,310 600,305 1,657,088 552,860 1,911,881 3,428,341 51% Parks & Recreation 400,525 31,757 221,994 - 21,094 157,437 61% Potawatomi Zoo 322,949 - 59,137 100,000 155,350 108,462 66% Code Enforcement 2,364,559 591,140 1,182,280 582,745 - 1,182,279 50% Animal Care & Control 845,841 211,460 422,921 410,331 - 422,920 50% Total Expenditures by Activity 14,203,202 1,669,496 5,102,424 4,733,527 3,547,331 5,553,445 61% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 3,462,808 268,221 1,714,140 1,055,352 1,592,795 155,873 95% Printing & Advertising 5,043 - 53 206 43 4,947 2% Utilities 1,055 - - 440 1,055 - 100% Repairs & Maintenance 228,885 419 75,016 67,544 99,095 54,774 76% Debt Service - Principal 149,381 - 34,137 17,500 65,863 49,381 67% Debt Service - Interest & Fees 173,568 - 25,000 13,961 89,487 59,081 66% Grants & Subsidies 3,728,656 18,535 312,023 525,899 1,577,175 1,839,458 51% Other Services & Charges 7,285 41 41 175,617 2,285 4,959 32% Transfers Out 5,781,521 1,382,279 2,923,039 2,877,008 - 2,858,482 51% Total Services & Charges 13,538,202 1,669,496 5,083,449 4,733,527 3,427,798 5,026,955 63% Capital 665,000 - 18,975 - 119,533 526,492 21% Total Expenditures 14,203,202 1,669,496 5,102,424 4,733,527 3,547,331 5,553,447 61% Net (1,594,661) (662,869) 2,297,784 2,835,084 (345,115) Cash Balance 17,427,871 15,585,633 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: The fund is used to pay for debt service on the 2014 PSAP (Public Safety Answering Point-the consolidated county-wide 911 call center) Bonds, the 2015 Parks Bonds, and the 2018 Zoo Bonds. It also pays for various economic development initiatives and interfund transfers to the Department of Community Investment (Fund 211) and the Department of Code Enforcement (Fund 219 and Fund 600-1201) and Animal Care & Control (600-1207). City of South Bend, Indiana Monthly Financial Report June 30, 2019 Economic Development Income Tax Special Revenue Funds City Funds This fund receives Economic Development Income Tax (EDIT) revenue. The City of South Bend receives an allocated share of the 0.4% income tax on wages within St. Joseph County. For the revenue forecast, EDIT revenue is budgeted to increase about 2% per year. Other Income is from the sale of properties held for resale by the Department of Community Investment. This fund also receives revenue from interest earned on the fund's cash balance. In 2019, the remaining cash balance in Hall of Fame Debt Service Fund (313) and the Hall of Fame Capital Fund (677) will be transferred to EDIT for the interfund transfers it made to help pay for the debt service payments for the Hall of Fame bonds. The final payment of the TJX job penalty amount of $354,660 will be received in 2020. The job penalty fines were assessed because the company A.J. Wright violated its development agreement with the city, under which it benefited from a taxpayer-funded incentive package worth more than $10 million. TJX, the parent company of A.J. Wright, has been paying the job penalty fines since 2011. This fund accounts for the receipt and expense of Economic Development Income Tax (EDIT) revenue. The EDIT Fund is a source of bonding capacity for the City and efforts are made to keep significant reserves in order to receive a higher credit rating and lower interest rates. 55 Fund Name Fund Number 410 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 1,000 50 251 3,646 - 749 25% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 45,240 - 22,620 18,754 - 22,620 50% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 46,240 50 22,871 22,400 - 23,369 49% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal 60,000 - 30,000 65,415 - 30,000 50% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 60,000 - 30,000 65,415 - 30,000 50% Capital - - - - - - 0% Total Expenditures 60,000 - 30,000 65,415 - 30,000 50% Net (13,760) 50 (7,129) (43,015) (6,631) Cash Balance 21,853 428,196 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was originally established to account for economic development expenditures which are financed by federal grants and loan repayments. Currently, this fund is used for the repayment of an interfund loan from the COIT Fund (404) in connection with a downtown hotel/parking garage project. The final payment is due in 2022 (debt schedule #82). When the final revenue payment is due from BDC, it may be prudent to payoff the debt to COIT and potentially close this fund rather than following current amortization schedule which goes out to 2046. Therefore, in the 2018 a total of $486,081 was paid off using the current balance in cash reserves. Payments in future years will be made as BDC loan collections are received. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Urban Development Action Grant Special Revenue Funds City Funds Revenue comes from Business Development Corporation (BDC) repayment of Fund 410 miscellaneous revenue used to capitalize BDC loan pool. This fund also receives revenue from interest earned on the fund's cash balance. 56 Fund Name Fund Number 655 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 447,139 37,369 223,731 223,196 - 223,408 50% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 7,350 1,397 7,200 6,787 - 150 98% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 454,489 38,766 230,931 229,983 - 223,558 51% Expenditures Personnel Salaries & Wages 72,660 - 2,314 - - 70,346 3% Fringe Benefits 5,559 - 139 - - 5,420 2% Total Personnel 78,219 - 2,453 - - 75,766 3% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - 7,860 - - (7,860) 0% Other Interfund Allocations 40,243 3,354 20,119 15,696 - 20,124 50% Debt Service - Principal - - - 24,107 - - 0% Debt Service - Interest & Fees - - - 384 - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 6,500 (13) 1,649 3,122 - 4,851 25% Transfers Out 550,000 137,500 275,000 275,000 - 275,000 50% Total Services & Charges 596,743 140,841 304,627 318,308 - 292,115 51% Capital - - - - - - 0% Total Expenditures 674,962 140,841 307,080 318,308 - 367,881 45% Net (220,473) (102,074) (76,149) (88,325) (144,323) Cash Balance 516,555 735,620 Staffing Budget Actual Full Time -- Part-Time /Seasonal/Temporary N/A - Total -- Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the fall and spring leaf collection program. In 2019, in an effort to attract candidates who will stay for the entire program, the hourly wage has been increased from $10.20 per hour to $13.00 per hour with the possibility of a $3.00 an hour attendance bonus for those employees who work until the last day of the program. The wage increase and possible bonuses add $27,490 to the program expense. Currently, the leaf pickup program does not fund itself and the City has been spending down this fund's cash balance. In 2019, the City will look for ways to better fund this program. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Project ReLeaf Special Revenue Funds City Funds The leaf pickup program is financed by a $0.99 per month charge on residents' utility bills. There are approximately 37,000 customers who pay for this service. This fund also receives revenue from interest earned on the fund's cash balance. 57 Fund Name Fund Number 705 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 60 5 27 23 - 33 45% Debt Proceeds - - - - - - 0% Donations 2,000 - - - - 2,000 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 2,060 5 27 23 - 2,033 1% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 2,020 - - - - 2,020 0% Transfers Out - - - - - - 0% Total Services & Charges 2,020 - - - - 2,020 0% Capital - - - - - - 0% Total Expenditures 2,020 - - - - 2,020 0% Net 40 5 27 23 13 Cash Balance 2,362 2,908 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was set up to receive donations for the Police K-9 unit and track expenditures of those funds. The donations are to be spent on supplies or services directly related to the Police K-9 unit. In recent years, this fund has not been used so the cash balance is growing. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Police K-9 Unit Special Revenue Funds City Funds This funds receives donations for the Police K-9 unit. This fund also receives revenue from interest earned on the fund's cash balance. 58 Fund Name Fund Number 312 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 1,077,000 629,029 629,029 386,442 - 447,971 58% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues 61,404 36,183 36,183 18,100 - 25,221 59% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 1,000 - 203 - - 797 20% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 1,139,404 665,212 665,415 404,543 - 473,989 58% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal 770,000 - 375,000 - 395,000 - 100% Debt Service - Interest & Fees 411,143 - 208,383 - 202,758 2 100% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 1,181,143 - 583,383 - 597,758 2 100% Capital - - - - - - 0% Total Expenditures 1,181,143 - 583,383 - 597,758 2 100% Net (41,739) 665,212 82,032 404,543 473,987 Cash Balance 229,675 404,543 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund is used to collect a separate property tax levy and is used to pay for the semi-annual payment of debt service principal and interest to the bondholders of the 2017 Park District Bonds, Series A-K (debt schedule #165). The par amount of the 2017 Park District Bonds (Series A-K) was $14,075,000. The bonds were closed on December 20, 2017 and have a net interest rate of 3.056%. The net proceeds after bond issuance costs were $13,715,350. This amount was deposited into Fund 471 (2017 Parks Bond Capital) and will be used towards the approved capital projects. Debt service payments are due on January 15 and July 15. The first debt service payment is due July 15, 2018 and the final payment is due January 15, 2033. Property taxes are assumed to cover the debt service payments through the life of the bond. City of South Bend, Indiana Monthly Financial Report June 30, 2019 2017 Parks Bond Debt Service Capital & Debt Service Funds City Funds This fund receives property tax revenue (distributions received in June and December) from a levy that was previously collected in Fund 313 for the College Football Hall of Fame debt service (final payment February 1, 2018). 59 Fund Name Fund Number 313 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - 234,467 - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - 14,078 - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 27 - 27 141 - - 99% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 27 - 27 248,685 - - 99% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - 620,000 - - 0% Debt Service - Interest & Fees - - - 11,315 - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out 97,077 - 97,077 - - - 100% Total Services & Charges 97,077 - 97,077 631,315 - - 100% Capital - - - - - - 0% Total Expenditures 97,077 - 97,077 631,315 - - 100% Net (97,050) - (97,050) (382,630) - Cash Balance - (358,411) Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund collected a separate property tax levy (distributions received in June and December) and was used to pay debt service on the former College Football Hall of Fame building. The final debt service payment on the Hall of Fame Bonds was February 1, 2018. The property tax levy from this fund will be repurposed and collected in Fund 312. In 2019, the remaining fund balance will be transferred to the EDIT Fund (408) to reimburse EDIT for the interfund transfers it made to help pay for the debt service payments for the Hall of Fame bonds. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Football Hall of Fame Debt Service Capital & Debt Service Funds City Funds This fund received property tax revenue (distributions received in June and December) from a special levy. Because of the timing of revenue and expenditures, this fund typically had a negative cash balance until the property tax distributions were received. During those times, the EDIT Fund (408) would make an interfund transfer to help cover the debt service payments. 60 Fund Name Fund Number 377 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 1,201 - 1,201 37 - - 100% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 18,000 - 3,786 - - 14,214 21% Interfund Allocation Reimb - - - - - - 0% Transfers In 527,518 - 527,517 - - 1 100% Total Revenue 546,719 - 532,504 37 - 14,215 97% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal 345,000 - 345,000 435,000 - - 100% Debt Service - Interest & Fees 9,770 - 8,970 27,190 - 800 92% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out 178,534 - 178,534 - - - 100% Total Services & Charges 533,304 - 532,504 462,190 - 800 100% Capital - - - - - - 0% Total Expenditures 533,304 - 532,504 462,190 - 800 100% Net 13,415 - - (462,153) 13,415 Cash Balance - (438,447) Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established in 2010 to collect reserve monies as stipulated in the 2010 Coveleski Stadium Recovery Zone Economic Development Bond covenants (debt schedule 81). This fund collects a special tax which is used primarily for debt service and improvements at the Four Winds Field (Coveleski) baseball stadium. South Bend’s Professional Sports Development Area (PSDA) was formed in 1997. The Indiana Department of Revenue collects a portion of state sales and income taxes generated in the PSDA and remits them to St. Joseph County, which issues a check to the city of South Bend. The fund was used to pay debt service on the 2010 Coveleski Stadium Bonds with the final payment due on January 15, 2019 (debt schedule #81). After the 2010 Coveleski Stadium Recovery Zone Economic Development Bonds are paid off, the cash balance in the Coveleski Stadium Debt Service Reserve Fund (317) will be transferred into this fund during 2019. Any cash reserves in the fund after the debt is paid off can be used for capital projects within the PSDA district. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Professional Sports Development Capital & Debt Service Funds City Funds Effective January 1, 2013, this fund no longer collects hotel/motel tax allocations from St. Joseph County for payment to the Hall of Fame, but still receives funding from the State for PSDA on a monthly basis. The PSDA area includes Four Winds field, Century Center, MPAC and Studebaker National Museum. 61 Fund Name Fund Number 755 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 10,000 1,118 6,818 3,219 - 3,182 68% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In 2,635,750 - 1,322,250 1,323,750 - 1,313,500 50% Total Revenue 2,645,750 1,118 1,329,068 1,326,969 - 1,316,682 50% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal 2,175,000 - 1,195,000 1,155,000 - 980,000 55% Debt Service - Interest & Fees 459,750 - 240,119 279,131 - 219,631 52% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 2,634,750 - 1,435,119 1,434,131 - 1,199,631 54% Capital - - - - - - 0% Total Expenditures 2,634,750 - 1,435,119 1,434,131 - 1,199,631 54% Net 11,000 1,118 (106,051) (107,162) 117,051 Cash Balance 684,975 664,424 Fund Purpose: Accounting Methodology: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the South Bend Building Corporation. The South Bend Building Corporation is a separate legal entity, but is reported as a fund in the City's Comprehensive Annual Financial Report (CAFR). The fund accounts for the debt service payments for Building Corporation bonds. Current debt includes: - 2010 Public Works Service Center Refunding Bonds, Refunding 2001 - final payment 2/1/21, (debt schedule #36) - 2012 Fire Station/Police Department Renovations Refunding Bonds, Refunding 2003 - final payment 2/1/23, (debt schedule #39) - 2013 EMS/Fire Station/Tower Bonds - final payment 2/1/33, (debt schedule #116) This fund was established in 2017 to integrate this activity into the City's formal accounting system. The South Bend Building Corporation is reported as a fund in the City's Comprehensive Annual Financial Report (CAFR). Revenue and expenditures are one month in arrears because the City receives the trustee bank statements after the books are closed. Thus, changes are entered in the general ledger the following month. November and December activity are both posted in December. City of South Bend, Indiana Monthly Financial Report June 30, 2019 South Bend Building Corp Capital & Debt Service Funds City Funds The South Bend Building Corporation receives debt service payments from the City and passes them through to trustee banks and bondholders. This fund also receives revenue from interest earned on the cash balance at the trustee bank. 62 Fund Name Fund Number 757 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 2,500 298 1,564 900 - 936 63% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In 379,431 31,612 190,237 156,472 - 189,194 50% Total Revenue 381,931 31,910 191,801 157,372 - 190,130 50% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal 220,000 - 110,000 105,000 - 110,000 50% Debt Service - Interest & Fees 163,732 - 82,191 85,341 - 81,541 50% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 383,732 - 192,191 190,341 - 191,541 50% Capital - - - - - - 0% Total Expenditures 383,732 - 192,191 190,341 - 191,541 50% Net (1,801) 31,910 (389) (32,969) (1,411) Cash Balance 560,041 524,800 Fund Purpose: Accounting Methodology: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the receipt of monthly lease rental payments from the City's EDIT Fund 408 and the semi-annual payment of debt service principal and interest to the bondholders of the 2015 Parks Bond. The par amount of the 2015 Parks/EDIT bond was $5,605,000. The debt service reserve will be used towards the last debt service payment. The final payment is due August 1, 2035. The semi-annual debt service payments are set forth in the 20-year debt amortization schedule (#141) with the first payment made on February 1, 2016 and the final payment on August 1, 2035. Capital expenditures of this bond are tracked in the 2015 Parks Bond Capital Fund (751). The accounting records are maintained in US Bank trustee accounts. This fund was established in 2017 to integrate this activity into the City's formal accounting system. Revenue and expenditures are one month in arrears because the City receives the trustee bank statements after the books are closed. Thus, changes are entered in the general ledger the following month. November and December activity are both posted in December. City of South Bend, Indiana Monthly Financial Report June 30, 2019 2015 Parks Bond Debt Service Capital & Debt Service Funds City Funds The EDIT Fund (408) transfers money into this fund on a monthly basis, as per the bond ordinance, to cover debt service payments. This fund also receives revenue from interest earned on the cash balance at the trustee bank. 63 Fund Name Fund Number 760 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 6,500 852 4,267 2,170 - 2,233 66% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In 1,298,125 - 649,375 628,472 - 648,750 50% Total Revenue 1,304,625 852 653,642 630,642 - 650,983 50% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal 50,000 - 25,000 - - 25,000 50% Debt Service - Interest & Fees 1,249,125 - 624,375 628,472 - 624,750 50% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 1,299,125 - 649,375 628,472 - 649,750 50% Capital - - - - - - 0% Total Expenditures 1,299,125 - 649,375 628,472 - 649,750 50% Net 5,500 852 4,267 2,170 1,233 Cash Balance 3,457,175 2,503,650 Fund Purpose: Accounting Methodology: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the receipt of payments from the City's North East Residential Area TIF Fund (436) and the subsequent semi-annual payment of debt service principal and interest to the bondholders. This fund will hold a minimum of $2.5 million in cash reserves per the 2017 Eddy Street Commons bond covenant. The bonds were closed on August 14, 2017 and the par amount was $25 million. The principal and interest payments are set forth in the 20 year debt amortization schedule (#163) with the first payment made on February 15, 2018 and the final payment on February 15, 2037. The bond was issued for Phase II of the Eddy Street Commons, a mixed-use development area just south of the University of Notre Dame. Capital expenditures related to the project are tracked in the Eddy Street Commons Bond Capital Fund (759). The accounting records are maintained in US Bank trustee accounts. This fund was established in 2017 to integrate this activity into the City's formal accounting system. Revenue and expenditures are one month in arrears because the City receives the trustee bank statements after the books are closed. Thus, changes are entered in the general ledger the following month. November and December activity are both posted in December. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Eddy Street Commons Debt Service Capital & Debt Service Funds City Funds A debt service reserve amount of $2.5 million dollars was established at the 2017 Eddy Street Commons Bond debt closing. This amount was deposited into this debt service fund at the time of the closing. In December 2018, an additional $945,000 was added to the debt service reserve. Currently, this fund only receives revenue from interest earned on the cash balance at the trustee bank. 64 Fund Name Fund Number 401 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 43,500 - - - - 43,500 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 850 21 529 439 - 321 62% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 44,350 21 529 439 - 43,821 1% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance 71,667 - 31,667 - - 40,000 44% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 71,667 - 31,667 - - 40,000 44% Capital 32,955 - 32,955 - - - 100% Total Expenditures 104,622 - 64,622 - - 40,000 62% Net (60,272) 21 (64,093) 439 3,821 Cash Balance 9,321 54,967 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund is used for minor capital improvements for Four Winds Field at Coveleski Stadium. Due to recent lease agreements, no capital revenues have been collected for this fund, limiting its budget. Planned expenditures are for painting, landscaping, and mechanical upgrades. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Coveleski Stadium Capital Capital & Debt Service Funds City Funds Revenues are in the form of compensation received by the City based on stadium attendance. 65 Fund Name Fund Number 405 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - 3,120 - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - 624 - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue - - - 3,744 - - 0% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - 31,128 - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - 2,654 - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - 2,654 - - 0% Capital - - - 31,500 - - 0% Total Expenditures - - - 65,283 - - 0% Net - - - (61,539) - Cash Balance - 115,166 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This capital fund accounted for revenues collected and expenses for specific purposes or locations. These locations were Potawatomi and Rum Village Picnic Areas, the East Race, Golf Courses, Forestry, and Howard Park Ice Rink. Starting in 2019, the Park Nonreverting Capital Fund (405) will be discontinued and the activity formerly appearing in this fund will be represented in the Parks & Recreation Fund (201). This will allow for better reporting and more efficient use of funds. At the end of 2018, the cash balance in the Park Nonreverting Capital Fund was transferred to the Parks & Recreation Fund. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Park Non-Reverting Capital Capital & Debt Service Funds City Funds This fund received most of its revenue through an interfund transfer from the Parks & Recreation Fund (201) Golf Division (1102). A small amount of revenue was collected from mowing fees for abatement mowing and from picnic area/pavilion rentals. 66 Fund Name Fund Number 406 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 436,330 245,374 245,374 239,982 - 190,956 56% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues 34,014 19,576 19,576 18,718 - 14,438 58% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 7,500 876 4,857 3,928 - 2,643 65% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 477,844 265,827 269,807 262,628 - 208,037 56% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal 488,053 - 227,113 227,447 227,116 33,824 93% Debt Service - Interest & Fees 44,068 - 18,255 6,391 18,252 7,561 83% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 532,121 - 245,368 233,838 245,368 41,385 92% Capital 286,000 - - - 168,862 117,138 59% Total Expenditures 818,121 - 245,368 233,838 414,230 158,523 81% Net (340,277) 265,827 24,439 28,790 49,514 Cash Balance 553,621 649,847 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund is used to account for expenditures relating to the purchase or lease of capital improvements in the City. Expenditures are for debt service payments on capital leases and the due dates vary per lease. The 2019 budget includes debt service payments for an additional 15 hybrid police vehicles to replace older patrol cars. 2019 debt service principal and interest payments are for the following capital leases: - 2015 Vehicle/Equip Lease 1 - final payment due 7/15/20, (debt schedule #140) - 2016 Vehicle/Equip Lease 1 - final payment due 2/15/21, (debt schedule #149) - 2018 Vehicle/Equip Lease 1 - final payment due 5/25/23, (debt schedule #171) - 2018 Vehicle/Equip Lease 2 - final payment due 7/14/23, (debt schedule #177) 2019 includes a one-time capital expenditure of $286,000 to help fund the My SB Parks & Trails project at Howard Park. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Cumulative Capital Development Capital & Debt Service Funds City Funds This fund receives revenue from a property tax levy. Distributions are received from St. Joseph County in June and December. The Cumulative Capital Development (CCD) property tax is a special tax rate that is reduced by circuit breaker property tax caps and will likely result in less revenue in future years unless the rate is re- established. This fund also receives revenue from interest earned on the fund's cash balance. 67 Fund Name Fund Number 407 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues 207,296 111,614 111,614 111,715 - 95,682 54% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 7,500 1,028 5,114 2,576 - 2,386 68% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 25,000 - - - - 25,000 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 239,796 112,642 116,728 114,291 - 123,068 49% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - 245,000 - - 0% Debt Service - Interest & Fees - - - 4,500 - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - 249,500 - - 0% Capital 28,000 - - - - 28,000 0% Total Expenditures 28,000 - - 249,500 - 28,000 0% Net 211,796 112,642 116,728 (135,209) 95,068 Cash Balance 564,454 295,074 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was used to pay debt service on a the 2011 Century Center Bonds, with the final payment on February 1, 2018. Now that the Century Center bond is paid off, this fund will be used to help in financing the My SB Parks and Trails project that is being managed by the Venues, Parks & Arts Department. For 2019, $28,000 has been budgeted for MY SB Parks and trail improvements. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Cumulative Capital Improvement Capital & Debt Service Funds City Funds In 2017, the final payment ($150,000) of hotel/motel tax revenue was received. This fund receives cigarette tax revenues. Other Income is $25,000 from the South Bend School Corporation for rental of property. This fund also receives revenue from interest earned on the fund's cash balance. 68 Fund Name Fund Number 412 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 47,500 6,362 32,623 23,411 - 14,877 69% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 511,807 4,702 265,293 307,389 - 246,514 52% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 559,307 11,063 297,916 330,800 - 261,391 53% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 100,000 - - - 79,372 20,628 79% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance 922,187 14,974 159,909 471,960 764,660 (2,382) 100% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 1,022,187 14,974 159,909 471,960 844,032 18,246 98% Capital 1,619,049 3,990 143,662 - 337,130 1,138,257 30% Total Expenditures 2,641,236 18,964 303,571 471,960 1,181,162 1,156,503 56% Net (2,081,929) (7,900) (5,655) (141,160) (895,112) Cash Balance 2,766,275 2,765,232 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established in 2006 with the City's share of the proceeds for the lease of the Indiana Toll Road (I-80/90). The fund is used to finance capital improvements projects and also makes loans to other funds. In recent years this fund has been used in connection with the City's Smart Streets program. Initial funding in the amount of $12,823,151 was received from the State of Indiana on September 15, 2006, derived from the State lease of the I-80 toll road to a private company. This fund has been used in the past to provide seed money for economic development projects at Douglas Road, Eddy Street Commons, and the Triangle Development near Notre Dame. The amounts advanced for these projects are being repaid by the respective tax increment financing (TIF) funds as per formal amortization schedules. In 2019, Fund 412 will be budgeted solely for the Local Public Agency (LPA) Project Corby-Ironwood-Rockne Intersection Improvement. The budgeted amount reflects the City's 20% match for infrastructure improvements. Since the original funding for Major Moves was realized in 2006 from the lease proceeds of the Indiana Toll Road, there will be less money avaialable; therefore, the overall change in expenditures decreased by 53%. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Major Moves Construction Capital & Debt Service Funds City Funds This fund receives principal and interest income from interfund loans (debt schedules 84 & 85) being repaid by the River East Residential TIF Fund (436). This fund also receives revenue from interest earned on the fund's cash balance. 69 Fund Name Fund Number 416 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 137,500 1,059 47,845 64,040 - 89,655 35% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 7,500 914 4,533 3,426 - 2,967 60% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 145,000 1,973 52,378 67,466 - 92,622 36% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies 16,127 994 3,311 2,545 8,750 4,066 75% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance 129,335 - 3,895 53,678 17,175 108,265 16% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 129,335 - 3,895 53,678 17,175 108,265 16% Capital 80,000 - 14,149 27,692 - 65,851 18% Total Expenditures 225,462 994 21,355 83,915 25,925 178,182 21% Net (80,462) 979 31,023 (16,449) (85,560) Cash Balance 409,928 399,124 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for capital projects at the Morris Performing Arts Center (MPAC). This fund was established for the purpose of renovating, remodeling, or otherwise improving the facilities and / or service to the patrons of the Morris Performing Arts Center. The Morris Performing Arts Center was re-opened in 2000 - Many of the assets throughout the building are coming to an end of their useful life and need replacement. The Theatrical Equipment is outdated and needs to be upgraded to meet the requirements of the performances / acts renting the facility. - Miscellaneous unexpected expenses $10,000 - Handrail addition $12,000 - Precast concrete repairs $100,000 - Lighting equipment upgrade $80,000 City of South Bend, Indiana Monthly Financial Report June 30, 2019 Morris Performing Arts Center Capital Capital & Debt Service Funds City Funds This fund receives revenue from a ticket surcharge. There is a ticket surcharge fee of $3.50 per ticket sold: $1.50 deposited into the General Fund (101), $1.00 deposited into Morris/Palais Self-Promotion Fund (274), and $1.00 deposited into Morris PAC Capital Fund (416). This fund also receives revenue from interest earned on the fund's cash balance. 70 Fund Name Fund Number 450 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 18,500 1,561 6,327 8,993 - 12,173 34% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 2,700 236 1,326 913 - 1,374 49% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 21,200 1,797 7,653 9,906 - 13,547 36% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance 111,967 - 31,537 - 7,242 73,188 35% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 111,967 - 31,537 - 7,242 73,188 35% Capital - - - - - - 0% Total Expenditures 111,967 - 31,537 - 7,242 73,188 35% Net (90,767) 1,797 (23,884) 9,906 (59,641) Cash Balance 105,485 119,508 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to track the funding and expenditures for capital projects that preserve the historic character of the multimillion dollar Palais Royale Ballroom. There are no operational related expenditures, such as personnel. Repairs/improvements needed: - Replacement or repair of windows - Replacement of curtains - the curtains are discolored and in poor condition City of South Bend, Indiana Monthly Financial Report June 30, 2019 Palais Royale Historic Preservation Capital & Debt Service Funds City Funds This fund receives a percent of catering and facility rental revenue received from functions held at the Palais (excluding not-for-profits). This fund also receives revenue from interest earned on the fund's cash balance. 71 Fund Name Fund Number 451 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 50,000 4,131 30,839 12,019 - 19,161 62% Debt Proceeds - - - 5,005,758 - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 50,000 4,131 30,839 5,017,778 - 19,161 62% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - 128,325 - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - 10,250 - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - 138,575 - - 0% Capital 3,232,757 - 2,054,101 - 1,178,657 (1) 100% Total Expenditures 3,232,757 - 2,054,101 138,575 1,178,657 (1) 100% Net (3,182,757) 4,131 (2,023,261) 4,879,203 19,162 Cash Balance 1,478,740 4,879,203 Fund Purpose: Explanation of Revenue Sources: Explanation of Significant Spending on Capital Projects: This fund is used to track the expenditures of the proceeds from the General Obligation Bonds, Series 2018. The bonds were issued to fund the replacement of Fire Station #9 and addition of a classroom building on the grounds of the Luther J Taylor Sr. Fire Training Center. Payment of debt service principal and interest to the bondholders will be recorded in Fund 287 (debt schedule #168). Bond issuance costs were recorded in this fund per Ordinance 10576-18 section VII-(a). Fire Station 9 will be replaced with a newly constructed station at the corner of Mishawaka Avenue and 21st Street. The new station will be approximately 10,000 square feet and will house Engine 9, Medic 9, Boat 2, and accommodate up to seven assigned firefighters per day. An additional classroom building will be constructed on the grounds of the Luther J Taylor Sr. Fire Training Center. It will be an approximately 3,000 square foot building and will house a rugged, divisible classroom with the capacity for 100 personnel and additional training props and storage areas. City of South Bend, Indiana Monthly Financial Report June 30, 2019 2018 Fire Station #9 Capital Capital & Debt Service Funds City Funds The par amount of the General Obligation Bonds, Series 2018 was $5,045,000 with a premium of $37,316. The bonds were closed on March 29, 2018 with a net interest rate of 3.065%. The net proceeds after bond issuance costs were $4,864,008. This amount was deposited into this fund to be used towards the approved capital projects. This fund also receives revenue from interest earned on the fund's cash balance. 72 Fund Name Fund Number 452 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 200,000 18,043 108,359 - - 91,641 54% Debt Proceeds - - - 11,007,782 - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 200,000 18,043 108,359 11,007,782 - 91,641 54% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 999,501 - 329,174 198,370 383,294 287,033 71% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 999,501 - 329,174 198,370 383,294 287,033 71% Capital 9,426,644 - 2,434,742 - 1,682,683 5,309,219 44% Total Expenditures 10,426,145 - 2,763,916 198,370 2,065,978 5,596,252 46% Net (10,226,145) 18,043 (2,655,557) 10,809,411 (5,504,611) Cash Balance 7,770,901 10,809,411 Fund Purpose: Explanation of Revenue Sources: Explanation of Significant Spending on Capital Projects: This fund is used to track the expenditures of the proceeds from the Redevelopment District Bonds, Series 2018. The bonds were issued for the purpose of funding renovations and upgrades at Pulaski, Leeper, and Seitz Parks and improvements to the mixed use riverfront trail and other infrastructure improvements to park and recreation areas in or serving the River West Development Area. Funding to be used to implement City park plans including improvements to: Howard Park, Lincolnway East Trail, West Bank Trail, Leeper Park, Seitz Park, and Pulaski Park. The par amount of the Redevelopment District Bonds, Series 2018 was $11,995,000 with a premium of $96,103. The bonds were closed on April 25, 2018 with a net interest rate of 2.971%. The net proceeds after bond issuance costs were $11,818,495. $993,495 was deposited into Fund 351 (2018 TIF Park Bond Debt Service) per the bond agreement. The remaining $10,825,000 was deposited into this fund to be used towards the approved capital projects. City of South Bend, Indiana Monthly Financial Report June 30, 2019 2018 TIF Park Bond Capital Redevelopment Funds Redevelopment Commission Controlled Funds 73 Fund Name Fund Number 471 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Charges for Services - - - - - - 0% Interest Earnings 255,000 26,104 141,089 54,928 - 113,911 55% Debt Proceeds - - - - - - 0% Other Income - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 255,000 26,104 141,089 54,928 - 113,911 55% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - 15,000 147,642 6,464 (21,464) 0% Repairs & Maintenance - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - 15,000 147,642 6,464 (21,464) 0% Capital 6,707,066 55,611 1,854,924 239,388 1,734,444 3,117,698 54% Total Expenditures 6,707,066 55,611 1,869,924 387,030 1,740,908 3,096,234 54% Net (6,452,066) (29,507) (1,728,834) (332,102) (2,982,323) Cash Balance 11,243,283 13,556,857 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: These are the various projects: Series A - Howard Park Series G - Seitz Park Riverfront promenade AM General parking and plaza area Storm water habitat area East Race promenade and bridge Series B - St. Louis Street Series H - Pinhook Park St. Louis Street parking and street upgrades (Howard Park)Pavilion upgrade Series C - Colfax-Seitz Reconnect river flow to lagoon Riverfront trail upgrades - Colfax to Seitz Park Playground and site improvements Series D - Howard-Farmers Series I - Other Park Improvements Riverfront trail upgrades - Howard Park to Farmer's Market Park security, lighting, and storage Series E - Miami-Twyckenham Restrooms modernization & ADA compliance Riverfront trail upgrades - Miami to Twyckenham Series J - Pinhook Park Series F - Seitz-Howard Pinhook Park neighborhood connectivity Riverfront trail upgrades - Seitz Park to Howard Park Series K - Future Project Seitz Park parking Future park acquisitions, partnerships, and build-outs This fund accounts for the expenditures of the bond proceeds from the 2017 Parks Bond issued in 2017. The City of South Bend issued a Parks bond in the amount of $14,075,000 for certain improvements in connection with the MY SB Parks and Trails initiative. The bond closing date was December 20, 2017. Net proceeds after bond issuance costs are $13,856,100. The bonds will be repaid over a period of 15 years with the first debt service payment due on July 15, 2018 and the final payment due on January 15, 2033. Bond issuance costs of $192,520 were paid in 2017. Feb 2018 - There were $17,750 in bond issuance costs. City of South Bend, Indiana Monthly Financial Report June 30, 2019 2017 Parks Bond Capital Capital & Debt Service Funds City Funds Net proceeds after bond issuance costs were deposited into this fund in the amount of $13,856,100. This fund also receives revenue from interest earned on the fund's cash balance. 74 Fund Name Fund Number 677 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 2,312 - 2,311 3,542 - 1 100% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 2,312 - 2,311 3,542 - 1 100% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 1,868 - - - - 1,868 0% Printing & Advertising - - - - - - 0% Utilities 1,249 - - 23,793 - 1,249 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance 397 - - 376 - 397 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 3,514 - - 24,168 - 3,514 0% Capital - - - - - - 0% Total Expenditures 3,514 - - 24,168 - 3,514 0% Net (1,202) - 2,311 (20,626) (3,513) Cash Balance - 426,989 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to provide capital repairs and improvements at the former College Football Hall of Fame building. - The College Football Hall of Fame ceased operations in South Bend at the end of 2012 and the building has been vacant since. - After years of trying to lease it or sell it, the City was finally able to strike a deal. The South Bend Redevelopment Commission amended an agreement in July 2018, selling the building for $525,000 to a subsidiary of JSK Development, the group that owns the new downtown Courtyard by Marriott hotel located right next to the building. - 2018 expenditures were for the utilities and maintenance of the building until the time it was sold. - In 2019, the remaining fund balance will be transferred to the EDIT Fund (408) to reimburse EDIT for the interfund transfers it made to help pay for the debt service payments for the Hall of Fame bonds. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Football Hall of Fame Capital Capital & Debt Service Funds City Funds The fund received distributions from the PSDA Tax Fund (377) through 2010. Currently, this fund only receives revenue from interest earned on the fund's cash balance. 75 Fund Name Fund Number 750 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Interest Earnings 17,000 1,211 11,856 2,933 - 5,144 70% Debt Proceeds 2,034,625 - - 6,115,434 - 2,034,625 0% Other Income - - - - - - 0% Transfers In - - - 101,776 - - 0% Total Revenue 2,051,625 1,211 11,856 6,220,143 - 2,039,769 1% Capital Expenditures by Dept Unassigned/Bank Fees - - 30,999 161,154 - (30,999) 0% Streets/Traffic & Lighting 1,413,125 - 317,056 - 177,147 918,922 35% Central Services 41,500 - - - - 41,500 0% Solid Waste - - - 239,617 719,498 (719,498) 0% Organic Resources - - - - - - 0% Water Works - - - 219,388 - - 0% Information Technology - - - 83,919 - - 0% Police Department 1,015,320 135,000 530,396 1,098,714 431,153 53,771 95% Fire Department - - 400,159 279,920 - (400,159) 0% Parks & Recreation 482,805 - 482,805 162,390 - - 100% Code Enforcement 80,000 - 78,940 - 59,668 (58,608) 173% Animal Care & Control - - - 72,627 - - 0% Building Department - - - - - - 0% Total Capital Expenditures by Dept 3,032,750 135,000 1,840,355 2,317,729 1,387,466 (195,071) 106% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Debt Service - Principal - - 27,927 - - (27,927) 0% Debt Service - Interest & Fees - - 2,822 - - (2,822) 0% Other Services & Charges - - 250 - - (250) 0% Transfers Out - - - 161,154 - - 0% Total Services & Charges - - 30,999 161,154 - (30,999) 0% Capital 3,032,750 135,000 1,809,356 2,156,575 1,387,466 (164,072) 105% Total Expenditures 3,032,750 135,000 1,840,355 2,317,729 1,387,466 (195,071) 106% Net (981,125) (133,789) (1,828,499) 3,902,414 2,234,840 Cash Balance 1,248,541 7,552,506 Fund Purpose: Explanation of Revenue Sources: Accounting Methodology: Explanation of Significant Spending on Capital Projects: City of South Bend, Indiana Monthly Financial Report June 30, 2019 Equipment/Vehicle Leasing Capital & Debt Service Funds City Funds This fund is used to pay for City vehicles and equipment that are financed by a lease. The funds are maintained by trustee financial institutions and expended upon the provision by the City of a proper claim form and invoice. The accounting records are maintained in US Bank trustee accounts. This fund was established in 2017 to integrate this activity into the City's formal accounting system. Revenue and expenditures are one month in arrears because the City receives the trustee bank statements after the books are closed. Thus, changes are entered in the general ledger the following month. November and December activity are both posted in December. The City leases certain vehicles and equipment for the police department, public works and other departments and pays them through capital lease proceeds that are accounted for in this fund. Debt service payments are budgeted in individual departments. This fund receives revenue in the form of capital lease proceeds. This fund also receives revenue from interest earned on the cash balance at the trustee bank. 76 Fund Name Fund Number 751 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 1,000 97 568 2,287 - 432 57% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 1,000 97 568 2,287 - 432 57% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies 13,316 1,870 6,082 - - 7,234 46% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 10,159 - 2,388 80,733 2,194 5,577 45% Transfers Out - - - - - - 0% Total Services & Charges 10,159 - 2,388 80,733 2,194 5,577 45% Capital 450,712 2,280 87,861 1,496,085 383,247 (20,396) 105% Total Expenditures 474,187 4,150 96,332 1,576,818 385,441 (7,585) 102% Net (473,187) (4,053) (95,764) (1,574,532) 8,017 Cash Balance 375,923 1,696,692 Fund Purpose: Accounting Methodology: Explanation of Revenue Sources: Explanation of Significant Spending on Capital Projects: This fund is used to account for the bond proceeds and expenditures of the 2015 Parks/EDIT bond that is accounted for by US Bank in trustee accounts. The City submits pay requests for costs incurred under the bond to US Bank. Major projects included the renovation of the Charles Black Rec Center and the upgrade of the Martin Luther King Recreation Center HVAC system. Minor projects included the Niles Avenue Dog Park, Rum Village Dog Park, Experience Lodge, Fremont Park splash pad, Potawatomi Park splash pad, replacement of various park equipment, and other improvements to parks. The accounting records are maintained in US Bank trustee accounts. This fund was established in 2017 to integrate this activity into the City's formal accounting system. Revenue and expenditures are one month in arrears because the City receives the trustee bank statements after the books are closed. Thus, changes are entered in the general ledger the following month. November and December activity are both posted in December. The original bond was issued in 2015 for $5,605,000. Currently, this fund only receives revenue from interest earned on the cash balance at the trustee bank. City of South Bend, Indiana Monthly Financial Report June 30, 2019 2015 Parks Bond Capital Capital & Debt Service Funds City Funds 77 Fund Name Fund Number 753 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 500 17 85 890 - 415 17% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 500 17 85 890 - 415 17% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital 70,000 - - 851,610 - 70,000 0% Total Expenditures 70,000 - - 851,610 - 70,000 0% Net (69,500) 17 85 (850,720) (69,585) Cash Balance 68,928 189,436 Fund Purpose: Accounting Methodology: Explanation of Revenue Sources: Explanation of Significant Spending on Capital Projects: The bond was secured to change 1-way streets to 2-way--primarily Main, Michigan and St. Joseph streets. This project includes elements of complete streets concepts to encourage walkability, bike riding, as well as easier driving throughout downtown and entryway streets. Spending down bond proceeds until exhausted. Expect final project payments to be made in 2018, thus exhausting the funds. Bond principal and interest payments are tracked in the Smart Streets Debt Service Reserve Fund (756). The accounting records are maintained in US Bank trustee accounts. This fund was established in 2017 to integrate this activity into the City's formal accounting system. Revenue and expenditures are one month in arrears because the City receives the trustee bank statements after the books are closed. Thus, changes are entered in the general ledger the following month. November and December activity are both posted in December. Initial revenues were bond proceeds from the $25 million Smart Streets Bond issued in 2015. Currently, this fund only receives revenue from interest earned on the cash balance at the trustee bank. This fund accounts for the remaining expenditures of the bond proceeds from the $25 million Smart Streets Bond issued in 2015 (debt schedule #135; expected to pay off January 2037). The bond proceeds are held by a trustee bank. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Smart Streets Bond Capital Capital & Debt Service Funds City Funds 78 Fund Name Fund Number 759 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 2,000 6 32 51 - 1,968 2% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 2,000 6 32 51 - 1,968 2% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital 7,650,241 727,629 1,519,360 - - 6,130,881 20% Total Expenditures 7,650,241 727,629 1,519,360 - - 6,130,881 20% Net (7,648,241) (727,623) (1,519,328) 51 (6,128,913) Cash Balance 6,130,916 16,129,365 Fund Purpose: Accounting Methodology: Explanation of Revenue Sources: Explanation of Significant Spending on Capital Projects: This fund accounts for the expenditures of the bond proceeds from the $25 million Eddy Street Commons Bond issued in 2017 (closing date 8/14/17, City debt schedule #163, being repaid by Fund 436). The funds will be spent on Phase II of the Eddy Street Commons mixed use development near the University of Notre Dame. This fund accounts for the cash in 3 trustee bank accounts: Bond Issuance Cost, Hotel Construction Fund, and Mixed-Use Construction Fund. The accounting records are maintained in US Bank trustee accounts. Revenue and expenditures are one month in arrears because the City receives the trustee bank statements after the books are closed. Thus, changes are entered in the general ledger the following month. November and December activity are both posted in December. In August 2017, the $25 million in bond proceeds was deposited into the trustee bank. $22.5 million was recorded in Fund 759 and $2.5 million was recorded in Fund 760. The cost of issuance was $396,250, paid out of Fund 759 in 2017. Expenditures for Eddy Street Commons Project, Phase II. Designed with input from the University, City of South Bend and nearby home and business owners, Phase II consists of five main buildings: two graduate-style apartment buildings and a new Robinson Community Learning Center on the east side of Eddy Street and two market- rate apartment buildings on the west side of Eddy Street. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Eddy Street Commons Capital Capital & Debt Service Funds City Funds 79 Fund Name Fund Number 287 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants 75,000 - - - - 75,000 0% Licenses & Permits - - - - - - 0% Charges for Services 500,000 - - 1,616,582 - 500,000 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 70,000 7,287 43,360 37,740 - 26,640 62% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 2,500 - 2,500 - - - 100% Interfund Allocation Reimb - - - - - - 0% Transfers In 545,695 136,424 272,848 25,425 - 272,847 50% Total Revenue 1,193,195 143,711 318,708 1,679,747 - 874,487 27% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies 18,800 - 18,800 39,950 - - 100% Services & Charges Professional Services 11,636 - - 168,648 11,636 - 100% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - 96,500 - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal 436,250 - 216,099 68,858 218,811 1,340 100% Debt Service - Interest & Fees 43,725 - 23,136 3,519 20,424 165 100% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out 725,537 - 354,166 302,526 - 371,371 49% Total Services & Charges 1,217,148 - 593,400 640,051 250,871 372,876 69% Capital 3,226,327 175,518 1,087,104 521,448 693,651 1,445,572 55% Total Expenditures 4,462,275 175,518 1,699,305 1,201,449 944,522 1,818,448 59% Net (3,269,080) (31,807) (1,380,597) 478,299 (943,961) Cash Balance 2,753,221 4,785,768 Fund Purpose: Explanation of Revenue Sources: Explanation of Significant Spending on Capital Projects: This fund was established in 2015 to track capital expenditures related to Emergency Medical Services and the Fire Department. Capital purchases include fire apparatuses, ambulances, and major construction projects. Capital spending includes fleet needs, as well as updates and repair & maintenance to facilities. To keep the fleet within a servicable life span, generally the City aims to purchase 2 pumper trucks every 3 years and an aerial apparatus every 5 years. The City also purchases or refurbishes an ambulance each year. The Fire Department's capital needs have also begun to include debt service payments for facilities such as Station 5, the LJT Fire Training Center, and construction of the new Station 9 (paid for out of Fund 451). The fund receives revenues from Medicaid settlements and interfund transfers from COIT Fund (404). This fund also receives revenue from interest earned on the fund's cash balance. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Emergency Medical Services Capital Enterprise Funds City Funds 80 Fund Name Fund Number 288 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits 24,000 1,556 11,741 10,355 - 12,259 49% Charges for Services 5,169,884 458,005 2,815,616 2,999,637 - 2,354,268 54% Fines, Forfeitures, and Fees 2,500 - 1,275 100 - 1,225 51% Interest Earnings 51,000 5,868 29,063 20,544 - 21,937 57% Debt Proceeds - - - - - - 0% Donations - - - 200 - - 0% Other Income 5,000 891 891 2,343 - 4,109 18% Interfund Allocation Reimb - - - - - - 0% Transfers In 988,936 247,234 494,468 - - 494,468 50% Total Revenue 6,241,320 713,553 3,353,053 3,033,179 - 2,888,266 54% Expenditures Personnel Salaries & Wages 4,009,648 325,858 2,049,871 1,783,461 - 1,959,777 51% Fringe Benefits 1,196,092 107,443 633,450 658,984 - 562,642 53% Total Personnel 5,205,740 433,301 2,683,321 2,442,446 - 2,522,419 52% Supplies 411,762 13,794 134,727 157,572 92,411 184,624 55% Services & Charges Professional Services 74,610 325 17,859 26,174 - 56,751 24% Printing & Advertising - - - - - - 0% Utilities 33,000 795 4,607 4,313 - 28,393 14% Education & Training 17,000 115 2,409 4,888 - 14,591 14% Travel - - - - - - 0% Repairs & Maintenance 260,308 - 24,943 28,768 3,148 232,217 11% Other Interfund Allocations 261,156 21,763 130,578 110,226 - 130,578 50% Debt Service - Principal 1,044 - - - 1,044 - 100% Debt Service - Interest & Fees 49 - - - 49 - 101% Grants & Subsidies - - - - - - 0% Other Services & Charges 166,000 9,459 104,731 25,898 7,242 54,027 67% Transfers Out - - - - - - 0% Total Services & Charges 813,167 32,456 285,128 200,266 11,483 516,557 36% Capital - - - 19,811 - - 0% Total Expenditures 6,430,669 479,552 3,103,175 2,820,094 103,894 3,223,600 50% Net (189,349) 234,001 249,878 213,085 (335,334) Cash Balance 2,228,225 2,099,642 Staffing Budget Actual Full Time 51 55 Part-Time /Seasonal/Temporary N/A 1 Total 51 56 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the expenditures of the Emergency Medical Services (EMS) program. This Fund captures personnel and operating expenses primarily for Emergency Medical Services division and reflects a portion of the cost associated with operating ambulances. Fire Department and EMS capital expenditures are accounted for in the EMS Capital Fund (287). City of South Bend, Indiana Monthly Financial Report June 30, 2019 Emergency Medical Services Operating Enterprise Funds City Funds The revenues in this account are generated through user fees for the South Bend Fire Department EMS division, Training Bureau, and Inspections. The current revenues are not enough to support current expenditures. To cover the difference, this fund will receive interfund transfers in from the General Fund (101) and COIT (404) in 2019, and just the General Fund in 2020 through 2023. 81 Fund Name Fund Number 600 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Licenses & Permits 1,634,560 134,302 763,104 783,316 - 871,456 47% Charges for Services 73,100 3,006 27,237 28,973 - 45,863 37% Fines, Forfeitures, and Fees 471,250 25,561 86,822 183,934 - 384,428 18% Interest Earnings 32,000 4,292 22,772 23,364 - 9,228 71% Other Income 10,974 1,558 6,304 1,781 - 4,670 57% Interfund Allocation Reimb 73,304 6,109 36,650 - - 36,654 50% Transfers In 2,528,909 632,227 1,264,455 494,777 - 1,264,454 50% Total Revenue 4,824,097 807,055 2,207,343 1,516,143 - 2,616,753 46% Expenditures by Dept Code Enforcement 2,304,579 152,465 928,899 833,117 117,333 1,258,346 45% Animal Care & Control 978,627 62,974 440,158 420,640 72,087 466,382 52% Rental Unit Inspection 180,974 8,970 66,043 5,134 13,807 101,124 44% Building Department 1,504,122 142,398 731,215 745,627 27,634 745,273 50% Total Expenditures by Dept 4,968,302 366,807 2,166,316 2,004,519 230,861 2,571,125 48% Expenditures Personnel Salaries & Wages 2,040,542 155,339 984,846 881,810 - 1,055,696 48% Fringe Benefits 775,006 60,086 367,284 413,628 - 407,722 47% Total Personnel 2,815,548 215,425 1,352,130 1,295,438 - 1,463,418 48% Supplies 153,049 6,977 49,767 62,973 27,822 75,460 51% Services & Charges Professional Services 53,180 1,400 28,970 50,232 23,781 429 99% Printing & Advertising 29,424 733 5,960 5,303 4,849 18,615 37% Utilities 26,700 1,251 14,282 12,901 2,276 10,142 62% Education & Training 23,300 2,899 4,900 5,554 82 18,318 21% Travel 8,900 - 1,233 3,011 - 7,667 14% Repairs & Maintenance 114,500 5,021 45,510 36,319 1,237 67,753 41% Other Interfund Allocations 936,177 78,017 468,075 398,538 - 468,102 50% Debt Service - Principal 145,598 84 59,060 46,264 59,619 26,919 82% Debt Service - Interest & Fees 11,708 5 4,580 5,091 3,976 3,152 73% Other Services & Charges 446,275 15,260 52,378 82,896 76,996 316,901 29% Transfers Out 158,943 39,736 79,472 - - 79,471 50% Total Services & Charges 1,954,705 144,405 764,419 646,108 172,816 1,017,469 48% Capital 45,000 - - - 30,224 14,776 67% Total Expenditures 4,968,302 366,807 2,166,316 2,004,519 230,861 2,571,123 48% Net (144,205) 440,248 41,027 (488,376) 45,630 Cash Balance 2,136,667 2,648,907 Fund Purpose: Staffing Budget Actual Budget Actual Full Time 28 28 13 15 Part-Time /Seasonal/Temporary N/A 5 N/A - Total 28 33 13 15 Explanation of Revenue Sources:Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Expenditures and Significant Changes/Variances: City Funds This fund accounts for two departments: Code Enforcement and the Building Department. 600-1201 - Neighborhood Code Enforcement upholds and enforces the ordinances of the City of South Bend, the Indiana Unsafe Building Law, and the 2000 International Property Maintenance Code. 600-1207 - Animal Care & Control runs the animal shelter and enforces animal welfare laws regarding animal cruelty and neglect per City, State, and Federal regulations. 600-1208 - The Rental Unit Inspection division, to be established in 2018, will be conducting property inspections and issuing a license for all rental properties in the City. 600-1306 - The Building Department regulates the “built environment” through enforcement of current building codes and zoning ordinances. The Building Department's purpose is to promote safe occupancy for all residents of the jurisdiction, serving all properties within the City of South Bend and all properties with a 5 digit address within St. Joseph County Code Enforcement- The Interfund Allocation expense increased from 2018 to 2019 as the IT Department continued to evaluate its allocation to each department based on the services provided to each department. Animal Care & Control- $45,000 capital budget for one full-size cargo van. While some revenues are derived from fees for processing abandoned vehicles and animal control activities, the vast majority comes from a transfer from the EDIT Fund 408. The $2.1 million transfer helps fund Code Enforcement and Animal Control activities which, unlike the Building Dept, are not enterprises by nature. Other Income is mostly collections for ordinance violations. The Building Department receives revenue from contractor registrations and licenses, reviewing and enforcing design review standards, and all permits issued for construction, demolition, occupancy and signage within the City of South Bend and St. Joseph County. The majority of the Bldg Dept's expenses are for personnel costs. Personnel costs decreased in 2019 because 2 positions are being moved from the Bldg Dept to the DCI Fund (211) to establish City's own Planning Commission rather than relying on Area Plan Commission. Other expenses include vehicle capital lease payments, fuel and repairs, building rent and cleaning/maintenance, and supplies. Total Staffing Building Department (600-1306) Full Time Part-Time /Seasonal/Temporary Code Enforcement (600-1201 & 1208) / Animal Control (600-1207) City of South Bend, Indiana Monthly Financial Report June 30, 2019 Consolidated Building Fund Enterprise Funds 82 Fund Name Fund Number 601 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 1,221,730 74,756 430,718 606,026 - 791,012 35% Fines, Forfeitures, and Fees 55,700 4,402 28,428 34,122 - 27,272 51% Interest Earnings 24,368 2,514 13,825 10,470 - 10,543 57% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 16,684 13,527 16,084 521 - 600 96% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 1,318,482 95,199 489,055 651,139 - 829,427 37% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 713,983 29,345 550,722 390,098 113 163,148 77% Printing & Advertising - - - - - - 0% Utilities 77,605 7,714 55,456 52,143 - 22,149 71% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance 869,835 3,381 72,483 24,226 34,278 763,074 12% Other Interfund Allocations 49,026 4,087 24,504 20,472 - 24,522 50% Debt Service - Principal - - - 41,833 - - 0% Debt Service - Interest & Fees - - - 18,892 - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 6,451 511 5,533 4,149 - 918 86% Transfers Out - - - - - - 0% Total Services & Charges 1,716,900 45,038 708,699 551,812 34,390 973,811 43% Capital 260,000 - - - - 260,000 0% Total Expenditures 1,976,900 45,038 708,699 551,812 34,390 1,233,811 38% Net (658,418) 50,161 (219,643) 99,327 (404,384) Cash Balance 1,111,156 1,322,750 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund accounts for the revenues and expenditures from the various parking garages owned by the City of South Bend. There are currently 1,484 stalls. Parking garage operations are under outside contract with Downtown South Bend, Inc. Occupancy levels continue to increase with downtown density. The vast majority of the Services expenditures are for the annual Block By Block contract, for maintaining the garages and assisting patrons. There are many capital improvement needs. The City plans on addressing those incrementally, budgeting for capital improvements across several years. This fund receives revenue from the collection of daily and monthly parking fees at several downtown parking garages. Effective January 2017, the Common Council approved an increase in parking garage rates and parking enforcement fines. It was the first increase in 13 years. In addition to revenues for parking fees, $265K in revenue is a reimbursement from DTSB to the City to reimburse for the City's expenditures to a third party for the Downtown Ambassador program. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Parking Garages Enterprise Funds City Funds 83 Fund Name Fund Number 610 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Charges for Services 5,402,522 464,659 2,688,390 2,665,533 - 2,714,132 50% Interest Earnings 11,500 1,017 5,817 5,104 - 5,683 51% Other Income 113,463 - 12,263 49,201 - 101,200 11% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 5,527,485 465,675 2,706,470 2,719,839 - 2,821,015 49% Expenditures Personnel Salaries & Wages 1,110,697 88,258 501,830 554,402 - 608,867 45% Fringe Benefits 467,437 33,973 209,690 268,739 - 257,747 45% Total Personnel 1,578,134 122,231 711,520 823,141 - 866,614 45% Supplies 377,388 52,962 122,378 162,645 100,692 154,318 59% Services & Charges Professional Services - - - - - - 0% Printing & Advertising 250 - - - - 250 0% Utilities - - - - - - 0% Education & Training 5,900 975 975 2,651 - 4,925 17% Travel 9,900 1,137 1,137 2,556 - 8,763 11% Repairs & Maintenance 665,431 63,036 335,863 479,833 27,720 301,848 55% Other Interfund Allocations 998,406 83,201 499,200 425,550 - 499,206 50% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Other Services & Charges 761,958 45,359 420,799 420,446 259,946 81,213 89% Transfers Out 1,132,616 200,000 829,065 582,150 - 303,551 73% Total Services & Charges 3,574,461 393,707 2,087,039 1,913,186 287,666 1,199,756 66% Capital - - - - - - 0% Total Expenditures 5,529,983 568,901 2,920,936 2,898,972 388,359 2,220,688 60% Net (2,498) (103,226) (214,466) (179,133) 600,327 Cash Balance 267,028 373,375 Staffing Budget Actual Full Time 24 22 Part-Time /Seasonal/Temporary N/A - Total 24 22 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund accounts for the operations of the Solid Waste Division, a division of the Public Works Department. Solid Waste provides exceptional waste management services for the residents of South Bend. They collect an average of 29,200 tons of trash annually through weekly service. Additional services available to residents include trash extra bulky collection, weekly yard waste collection, yard waste extra bulky collection, and Christmas tree collection. Personnel: salaries and benefits for administrative staff and drivers, Supplies: CNG fuel and yard waste totes, Services: landfill fees Repairs & Maintenance expenses have increased due to the long drive to the landfill and the poor road conditions within the landfill. The City is reviewing its options and might switch to a tipping site that is closer, even though it is more expensive. The increase in tipping fees would be offset with savings from reduced trip time for driver and reduced maintenance cost for the trucks. Funds are transferred out to the Solid Waste Capital Fund (611) for the payment of debt service obligations as needed. Solid Waste capital expenditures are accounted for in the Solid Waste Capital Fund (611). This fund is funded by charging City residents a monthly fee for pick-up and disposal of trash at area landfills and recycling centers. A rate increase is being considered due to the dwindling cash balance. "Other Revenue" includes revenue expected to be generated by selling older vehicles at the annual city auction. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Solid Waste Operations Enterprise Funds City Funds 84 Fund Name Fund Number 611 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Charges for Services - - - - - - 0% Interest Earnings 2,800 746 2,215 203 - 585 79% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In 1,132,616 200,000 829,065 582,150 - 303,551 73% Total Revenue 1,135,416 200,746 831,280 582,353 - 304,136 73% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal 1,037,025 89 448,483 407,973 452,701 135,841 87% Debt Service - Interest & Fees 95,591 3 32,515 27,684 28,045 35,031 63% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 1,132,616 91 480,998 435,657 480,746 170,872 85% Capital - - - - - - 0% Total Expenditures 1,132,616 91 480,998 435,657 480,746 170,872 85% Net 2,800 200,654 350,282 146,696 133,264 Cash Balance 394,872 186,630 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund is used for debt service and capital expenditures related to the Solid Waste Division, a division of the Public Works Department. Current debt includes: - 2015 HP Computer Lease #8 - final payment 3/15/19, (debt schedule #136) - 2015 HP Computer Lease #9 - final payment 8/31/19, (debt schedule #138) - 2016 HP Computer Lease #12 - final payment 2/29/20, (debt schedule #150) - 2015 Vehicle/Equip Lease #1 - final payment 7/15/20, (debt schedule #140) - 2015 Vehicle/Equip Lease #2 - final payment 11/15/20, (debt schedule #144) - 2016 Vehicle/Equip Lease #1 - final payment 2/15/21, (debt schedule #149) - 2016 Vehicle/Equip Lease #2 - final payment 7/14/21, (debt schedule #152) - 2017 Vehicle/Equip Lease #1 - final payment 7/14/22, (debt schedule #158) - 2018 Vehicle/Equip Lease #1 - final payment 5/25/23, (debt schedule #171) With few exceptions, all vehicles and equipment are lease-purchased over a five year term. Over the next five years, Solid Waste plans to replace older trucks with Front Load Dedicated units, replacing about two trucks a year. These trucks will be purchased with capital lease proceeds and paid off over a five-year period. This fund receives transfers from the Solid Waste Operations Fund (610). Transfers in from the Solid Waste Operating Fund are done as needed to have funds available for debt service payments, per City debt payment schedules. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Solid Waste Capital Enterprise Funds City Funds 85 Fund Name Fund Number 620 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Charges for Services 18,958,930 1,595,445 7,906,775 6,704,216 - 11,052,155 42% Interest Earnings 60,000 6,453 37,014 23,089 - 22,986 62% Other Income 88,120 3,560 22,198 19,582 - 65,922 25% Interfund Allocation Reimb 1,734,889 144,574 867,445 695,478 - 867,444 50% Transfers In 95,000 11,878 69,825 30,828 - 25,175 74% Total Revenue 20,936,939 1,761,910 8,903,257 7,473,193 - 12,033,682 43% Expenditures Personnel Salaries & Wages 3,578,355 252,018 1,638,330 1,735,632 - 1,940,025 46% Fringe Benefits 1,428,992 101,244 642,165 872,954 247 786,580 45% Total Personnel 5,007,347 353,262 2,280,495 2,608,585 247 2,726,605 46% Supplies 1,957,065 204,552 801,633 637,811 245,922 909,510 54% Services & Charges Professional Services 2,898,340 151,984 968,924 827,893 903,536 1,025,880 65% Printing & Advertising 2,250 - 567 383 182 1,501 33% Utilities 785,550 56,309 354,462 352,903 - 431,088 45% Education & Training 36,368 301 9,011 8,177 31 27,326 25% Travel 18,750 125 2,134 2,162 - 16,616 11% Repairs & Maintenance 438,019 31,663 163,565 187,344 51,425 223,029 49% Other Interfund Allocations 1,979,352 164,946 989,676 669,762 - 989,676 50% Debt Service - Principal 396,983 531 197,666 193,252 199,225 92 100% Debt Service - Interest & Fees 23,015 32 12,446 21,227 10,569 - 100% Other Services & Charges - - - - - - 0% Payment In Lieu of Taxes 2,066,212 156,618 568,727 547,913 544,865 952,620 54% Transfers Out 7,203,665 576,635 3,685,362 1,911,235 - 3,518,303 51% Total Services & Charges 15,848,504 1,139,143 6,952,540 4,722,252 1,709,834 7,186,131 55% Capital - - - - - - 0% Total Expenditures 22,812,916 1,696,958 10,034,668 7,968,648 1,956,003 10,822,246 53% Net (1,875,977) 64,952 (1,131,412) (495,455) 1,211,436 Cash Balance 3,134,176 2,741,659 Staffing Budget Actual Full Time 67 66 Part-Time /Seasonal/Temporary N/A 7 Total 67 73 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund was established to account for all revenue and operational expenses of the water utility. This fund provides the monies for debt service obligations, reserve requirements and revenue funded capital improvements through transfer of monies to other funds within the utility operations. Reduction in personnel expenditures is primarily attributed to the change in the accounting of shared staffing costs. These cost are now included in the Charges & Services Other Interfund Allocations account. Also, there is a one-time break in the health insurance cost per employee in 2019. In 2020, health insurance cost per employee is budgeted to increase back to the regular rates. Supply estimates include repair/replacement project costs that were included in the Critical Projects Plan of the most recent water rate case. The increase in Services & Charges is largely due to the change in Other Interfund Allocations (48%), Other Services & Charges (36%) which is mostly attributed to new Customer Billing Software and implementation costs as well as Transfers Out. The Transfers Out budget is providing monies for debt service obligations ($2,015,041), capital expenditures ($3,241,000) and an extra monies ($225k) for complying with the operating & maintenance cash reserve requirement held in Water Works Reserve Operations & Maintenance Fund (629). Water Works capital expenditures are accounted for in the Water Works Capital Fund (622). Effective March 7, 2018, new water service rates and charges were approved by the utility regulatory commission. New tariff schedule includes two phased in increases twelve months apart. A slight increase in the water leak program charge was also approved. Additional sources consist of reimbursements, sale of fixed assets, interest earnings from cash investment and other miscellaneous type revenues. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Water Works Operations Enterprise Funds City Funds 86 Fund Name Fund Number 622 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 100,000 6,413 29,925 21,803 - 70,075 30% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 35,000 7,272 30,313 17,067 - 4,687 87% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In 3,241,000 270,083 1,620,498 - - 1,620,502 50% Total Revenue 3,376,000 283,768 1,680,736 38,870 - 1,695,264 50% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 179,404 - 4 1,642 179,400 - 100% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 179,404 - 4 1,642 179,400 - 100% Capital 3,801,887 - 215,287 407,566 1,013,077 2,573,523 32% Total Expenditures 3,981,291 - 215,291 409,208 1,192,477 2,573,523 35% Net (605,291) 283,768 1,465,445 (370,338) (878,259) Cash Balance 3,358,156 1,776,348 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund is used for acquiring, constructing, and improving water utility capital assets. Water utility capital assets include wells, reservoirs, transmission and distribution mains, water meters, pumping equipment, treatment equipment, transportation equipment, and other general plant items. Charges For Services is a system development fee. This is a one-time capital contribution charged to customers making a new connection to the water system. This fund receives interfund transfers from the Water Works Operations Fund (620). Significant Capital Spending in 2019: - Edison Road Well Field/Filtration Plant Upgrades $630,000 - North Station Well # 1 Replacement $525,000 - Pinhook Filtration Plant Upgrades $1,231,000 This fund receives interfund transfers from the Water Works Operations Fund (620). City of South Bend, Indiana Monthly Financial Report June 30, 2019 Water Works Capital Enterprise Funds City Funds 87 Fund Name Fund Number 624 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 22,000 3,403 17,458 12,200 - 4,542 79% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 22,000 3,403 17,458 12,200 - 4,542 79% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out 22,000 3,403 17,041 9,858 - 4,959 77% Total Services & Charges 22,000 3,403 17,041 9,858 - 4,959 77% Capital - - - - - - 0% Total Expenditures 22,000 3,403 17,041 9,858 - 4,959 77% Net - - 416 2,342 (417) Cash Balance 1,491,850 1,518,078 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Security deposits are collected from utility customers and are retained in this restricted fund. Upon termination of service, refunds are credit applied to the customers final bill. Revenue and expenditures are dependent on the frequency of new customers and terminations of service. Interest earned on this fund's cash balance is transferred to the Water Works Operations Fund (620). City of South Bend, Indiana Monthly Financial Report June 30, 2019 Water Works Customer Deposit Enterprise Funds City Funds This fund receives revenue in the form of security deposits collected from utility customers. This fund also receives revenue from interest earned on the fund's cash balance. 88 Fund Name Fund Number 625 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 14,500 1,873 11,537 3,816 - 2,963 80% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In 2,015,041 168,000 1,008,000 993,570 - 1,007,041 50% Total Revenue 2,029,541 169,873 1,019,537 997,386 - 1,010,004 50% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal 2,918,962 - 1,431,617 - 1,487,345 - 100% Debt Service - Interest & Fees 811,748 263,619 548,169 284,467 263,577 2 100% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out 10,000 1,873 11,059 3,773 - (1,059) 111% Total Services & Charges 3,740,710 265,492 1,990,845 288,239 1,750,922 (1,057) 100% Capital - - - - - - 0% Total Expenditures 3,740,710 265,492 1,990,845 288,239 1,750,922 (1,057) 100% Net (1,711,169) (95,619) (971,308) 709,147 1,011,061 Cash Balance 758,492 737,209 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: The purpose of this fund is to disburse principal and interest payments on obligated debt to paying agent trustees. Biannual installments are disbursed at the end of June and December. June's payment includes 50% of the annual interest and December's payment comprises the rest of the interest and all of the principal. Current debt includes: - 2012 Water Works Refunding Bonds, Refund 2002 - scheduled to retire on 1/1/23 with final payment being made in December 2022, (debt schedule #25) - 2009 Water Works Improvements, State Revolving Fund - scheduled to retire on 1/1/30 with final payment being made in December 2029, (debt schedule #68) - 2009 Water Works Improvements, Series B - scheduled to retire on 1/1/30 with final payment being made in December 2029, (debt schedule #69) - 2012 Water Works Revenue Bond - scheduled to retire on 1/1/33 with final payment being made in December 2032, (debt schedule #99) - 2016 Water Works Refunding Bonds, Refund 2000 & 2006 - scheduled to retire on 1/1/27 with final payment being made in December 2026, (debt schedule #156) Any interest earned on this fund's cash balance is transferred to the Water Works Operations Fund (620). City of South Bend, Indiana Monthly Financial Report June 30, 2019 Water Works Sinking (Debt Service) Enterprise Funds City Funds This fund receives interfund transfers from the Water Works Operations Fund (620) as needed to cover debt service payments. This fund also receives revenue from interest earned on the fund's cash balance. 89 Fund Name Fund Number 626 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 22,000 3,251 16,586 11,383 - 5,414 75% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 22,000 3,251 16,586 11,383 - 5,414 75% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out 22,000 - 9,582 - - 12,418 44% Total Services & Charges 22,000 - 9,582 - - 12,418 44% Capital - - - - - - 0% Total Expenditures 22,000 - 9,582 - - 12,418 44% Net - 3,251 7,005 11,383 (7,004) Cash Balance 1,432,932 1,435,891 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: The purpose of this fund is to ensure compliance with certain debt service bond covenants. Required balance is determined by debt service financing arrangements at the time of issuance. A portion of the cash balance is held in a separate account at Bank of NY Mellon Trust. The account was fully funded for existing debt in 2013. A reconciliation of this account is done on a monthly basis. Excess interest earned on this fund's cash balance is transferred to the Water Works Operation Fund (620). This fund receives revenue from interest earned on the fund's cash balance. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Water Works Bond Reserve Enterprise Funds City Funds 90 Fund Name Fund Number 629 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 41,000 6,602 32,882 21,233 - 8,118 80% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In 225,552 - 225,552 52,249 - - 100% Total Revenue 266,552 6,602 258,434 73,482 - 8,118 97% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out 41,000 6,602 32,144 17,197 - 8,856 78% Total Services & Charges 41,000 6,602 32,144 17,197 - 8,856 78% Capital - - - - - - 0% Total Expenditures 41,000 6,602 32,144 17,197 - 8,856 78% Net 225,552 - 226,290 56,286 (738) Cash Balance 2,895,721 2,670,169 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: The purpose of this fund is to hold cash reserves equivalent to two months of Water Works' budgeted operating expenses. This serves as fiscal protection against the risk of revenue shortfalls, emergencies, and other economic risks that may impact the Water Utility's ability to meet financial commitments. Once this fund's cash balance meets the reserve requirement, any excess interest earned is transferred to the Water Works Operations Fund (620). The debt service reserve amount is used towards the last debt service payment. This fund receives revenue from interest earned on the fund's cash balance. If the fund's cash falls below the reserve requirement, the Water Works Operations Fund (620) will transfer funds to increase the cash reserves. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Water Works Reserve Operations & Maintenance Enterprise Funds City Funds 91 Fund Name Fund Number 640 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 637,863 54,182 326,357 320,023 - 311,506 51% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 37,500 4,770 24,058 15,216 - 13,442 64% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 675,363 58,952 350,415 335,239 - 324,948 52% Expenditures Personnel Salaries & Wages 113,545 9,502 57,803 75,885 - 55,742 51% Fringe Benefits 44,636 3,668 22,649 35,702 - 21,987 51% Total Personnel 158,181 13,170 80,452 111,586 - 77,729 51% Supplies 71,355 4,695 8,247 25,815 182 62,926 12% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance 351,655 22,894 139,306 151,815 93,288 119,061 66% Other Interfund Allocations 75,495 6,292 37,743 8,934 - 37,752 50% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 6,500 (19) 1,516 4,269 - 4,984 23% Transfers Out - - - - - - 0% Total Services & Charges 433,650 29,167 178,565 165,018 93,288 161,797 63% Capital - - - - - - 0% Total Expenditures 663,186 47,032 267,264 302,419 93,470 302,452 54% Net 12,177 11,920 83,151 32,820 22,496 Cash Balance 2,099,502 1,900,590 Staffing Budget Actual Full Time 2 2 Part-Time /Seasonal/Temporary N/A - Total 2 2 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: The Sewer Insurance program is funded by a monthly charge on City residents' sewer bills. The City is responsible for the main sewer line; from the main line to the house is the homeowner's responsibility. This program helps residents who have an issue with their lateral that cannot be resolved by a simple clean-out by a plumber, i.e., collapsed line, complete root infiltration, etc. that requires excavation work - a "dig". The program is set up so that the homeowner pays a maximum $500.00 deductible toward the cost of the repair and the City pays the rest. In 2019, the budget was increased for supplies and contracted repairs. This increase is in response to the number of new customers who are hooking into the City of South Bend sewer system; with new customers comes more opportunity for needed repairs. Also, an aging infrastructure costs more to maintain/repair. This fund collects a monthly charge on City residents' sewer bills. This fund also receives revenue from interest earned on the fund's cash balance. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Sewer Repair Insurance Enterprise Funds City Funds 92 Fund Name Fund Number 641 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Charges for Services 37,258,510 3,186,142 19,207,667 19,352,994 - 18,050,843 52% Interest Earnings 290,000 35,643 182,600 110,530 - 107,400 63% Other Income 57,644 14,622 34,800 32,593 - 22,844 60% Interfund Allocation Reimb 421,463 35,123 210,725 - - 210,738 50% Transfers In 284,000 62,656 162,549 295,395 - 121,451 57% Total Revenue 38,311,617 3,334,186 19,798,341 19,791,513 - 18,513,276 52% Expenditures by Division Sewers 9,390,013 384,625 2,646,041 3,577,007 2,572,521 4,171,452 56% Concrete Crew 516,390 36,877 220,514 195,779 5,563 290,313 44% Wastewater 34,550,924 6,148,962 22,110,763 16,907,140 2,732,369 9,707,792 72% Organic Resources 1,683,610 143,094 846,234 737,540 326,317 511,059 70% Clay Sewage 2,000 - 321 289 - 1,679 16% Total Expenditures by Division 46,142,937 6,713,558 25,823,873 21,417,755 5,636,770 14,682,294 68% Expenditures Personnel Salaries & Wages 5,074,749 355,041 2,309,094 2,610,361 - 2,765,655 46% Fringe Benefits 1,917,683 132,199 854,844 1,174,146 - 1,062,839 45% Total Personnel 6,992,432 487,240 3,163,937 3,784,507 - 3,828,494 45% Supplies 2,534,365 134,124 809,171 897,230 367,884 1,357,310 46% Services & Charges Professional Services 2,351,055 140,257 555,498 537,737 788,513 1,007,044 57% Printing & Advertising 3,950 - 251 506 629 3,070 22% Utilities 1,201,775 88,953 631,726 567,265 12,953 557,096 54% Education & Training 35,200 178 13,205 7,550 1,860 20,135 43% Travel 44,500 469 3,157 8,020 735 40,608 9% Repairs & Maintenance 2,596,465 312,295 1,044,145 583,888 657,423 894,897 66% Other Interfund Allocations 5,730,856 477,574 2,865,412 1,910,298 - 2,865,444 50% Debt Service - Principal 566,921 298 280,836 295,006 283,190 2,895 99% Debt Service - Interest & Fees 25,997 20 14,096 24,065 11,688 213 99% Other Services & Charges - - - - - - 0% Payment In Lieu of Taxes 6,407,149 143,609 1,129,351 1,879,898 3,511,895 1,765,903 72% Transfers Out 17,652,272 4,928,540 15,313,088 10,921,785 - 2,339,184 87% Total Services & Charges 36,616,140 6,092,194 21,850,764 16,736,018 5,268,886 9,496,489 74% Capital - - - - - - 0% Total Expenditures 46,142,937 6,713,558 25,823,873 21,417,755 5,636,770 14,682,293 68% Net (7,831,320) (3,379,372) (6,025,532) (1,626,242) 3,830,983 Cash Balance 8,830,155 11,270,498 Staffing Budget Actual Full Time 89 89 Part-Time /Seasonal/Temporary N/A 10 Total 89 99 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: City Funds Sewage Works capital expenditures are accounted for in the Sewage Works Capital Fund (642). Transfers Out includes: interfund transfers to the Sewage Works Sinking Fund (649) to fund debt service payments on bonds and interfund transfers to the Sewage Works Capital Fund (642) to fund capital expenditures. This fund accounts for the operations of the following divisions of the Department of Public Works: Wastewater Division, Sewer Division, Organic Resources Division, and Concrete Crew. Wastewater Division: Facilitates the collection, treatment and disposal of wastewater. Responsible for the operation of the treatment facility, which is a conventional activated sludge plant, the interceptor sewer system, the combined sewer overflow (CSO) system and the remote sewage lift stations. Sewer Division: Responsible for sewer maintenance preventative program that cleans and inspects the storm and sanitary sewer system in the City and Clay Township and sewer construction program that repairs sewer mains, catch basins, manholes, and structure raising for the Street Department paving program. Organic Resources Division: Recycles collected yard waste, leaves, and brush for compost and mulch products. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Sewage Works Operations Enterprise Funds The last across-the-board sewer rate increase was effective 1/1/2016 to cover higher operating costs and the EPA-mandated Long Term Control Plan (LTCP) designed to address overflow issues. In late 2016, the Council approved a three step, phased-in sewer rates and charges surcharge on outside-city customers only. The first surcharge of 5% was made effective 10/1/17, increased to 10% on 1/1/18, and planned to increase to 14% on 1/1/19. Interfund Transfer In revenue is incoming interest earning receipts from Sewage Works Reserve O&M Fund 643 and a transfer from Project ReLeaf Fund (655) for purpose of recovering costs associated with leaf collection. This fund also receives revenue from interest earned on the fund's cash balance. 93 Fund Name Fund Number 642 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 250,000 15,458 74,196 54,817 - 175,804 30% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 155,000 23,085 111,115 57,690 - 43,885 72% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In 5,000,000 - 5,000,000 3,000,000 - - 100% Total Revenue 5,405,000 38,542 5,185,311 3,112,506 - 219,689 96% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital 15,023,292 445,522 2,193,586 727,526 8,182,218 4,647,488 69% Total Expenditures 15,023,292 445,522 2,193,586 727,526 8,182,218 4,647,488 69% Net (9,618,292) (406,980) 2,991,725 2,384,980 (4,427,799) Cash Balance 12,112,186 9,732,315 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund is used to purchase capital equipment and fund major renovations/restorations for the following divisions of the Department of Public Works: Wastewater Division, Sewer Division, Organic Resources Division, and Concrete Crew. In 2018, sewer rehabilitation projects were funded in the operating budget in the Sewage Works Operations Fund (641). 2019 projects include: - Wastewater and Organic Resources replacement expenditures in 2019 include a truck, front end loader, lawn mower and a van - Wastewater project capital includes continuation of the WWTP electrical and backup generator work along with exterior building repairs on the administrative building - Natural Gas Compressor is for energy management purposes - Sewer replacement expenditures include a vactor, sweeper, crew truck, easement machine, backhoe , utility truck and a truck w/plow - Sewer project capital includes sewer lining rehabilitation and LTCP expenditures Charges For Services is a system development fee. This is a one-time capital contribution charged to customers making a new connection to the sewer system. This fund receives interfund transfers from the Sewage Works Operations Fund (641) as needed to cover capital expenditures. This fund also receives revenue from interest earned on the fund's cash balance. Prior year Other Income of $400k was a one-time capital contribution from Pokagon Band of the Potawatomi. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Sewage Works Capital Enterprise Funds City Funds 94 Fund Name Fund Number 643 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 119,000 12,656 64,041 42,200 - 54,959 54% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In 151,717 - 151,717 238,226 - - 100% Total Revenue 270,717 12,656 215,758 280,426 - 54,959 80% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out 84,000 12,656 62,549 34,242 - 21,451 74% Total Services & Charges 84,000 12,656 62,549 34,242 - 21,451 74% Capital - - - - - - 0% Total Expenditures 84,000 12,656 62,549 34,242 - 21,451 74% Net 186,717 - 153,209 246,184 33,508 Cash Balance 5,550,801 5,399,084 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: The purpose of this fund is to hold cash reserves equivalent to two months of Sewage Works' (Sewers & Wastewater) budgeted operating expenses (Fund 641). This serves as fiscal protection against the risk of revenue shortfalls, emergencies, and other economic risks that may impact the Sewage Works' ability to meet financial commitments. Once this fund's cash balance meets the reserve requirement, any excess interest earned is transferred to the Sewage Works Operations Fund (641). This fund receives revenue from interest earned on the fund's cash balance. If the fund's cash falls below the reserve requirement, the Sewage Works Operations Fund (641) will transfer funds to increase the cash reserves. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Sewage Works Reserve Operations & Maint. Enterprise Funds City Funds 95 Fund Name Fund Number 649 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 36,000 8,647 26,768 18,073 - 9,232 74% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In 7,780,676 4,538,676 7,780,676 5,341,221 - - 100% Total Revenue 7,816,676 4,547,323 7,807,444 5,359,293 - 9,232 100% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal 5,931,732 - - - 5,931,732 - 100% Debt Service - Interest & Fees 1,849,494 - 923,098 1,003,151 920,245 6,151 100% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 7,781,226 - 923,098 1,003,151 6,851,977 6,151 100% Capital - - - - - - 0% Total Expenditures 7,781,226 - 923,098 1,003,151 6,851,977 6,151 100% Net 35,450 4,547,323 6,884,346 4,356,142 3,081 Cash Balance 7,850,109 5,212,703 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund is used to pay all debt service obligations for Wastewater and Sewers. Debt has grown significantly in recent years as the City continues work on the EPA-mandated Long-Term Control Plan (LTCP). Debt service payments are due in June and December. This fund is currently repaying for the following bonds: - 2009 Sewage Works Revenue Bonds, State Revolving Fund - final payment 12/1/28, (debt schedule #70) - 2010 Sewage Works Revenue Bonds - final payment 12/1/30, (debt schedule #80) - 2011 Sewage Works Revenue Bonds - final payment 12/1/31, (debt schedule #93) - 2012 Sewage Works Revenue Bonds - final payment 12/1/32, (debt schedule #101) - 2013A Sewage Works Revenue Bonds - final payment 12/1/24, (debt schedule #105) - 2015 Sewage Works Refunding Bonds, Refund 2006 & 2007 - final payment 12/1/25, (debt schedule #145) This fund receives mandatory transfers from Sewage Works Operating Fund (641) each month to satisfy bond covenants and pay for debt service principal and interest on outstanding debt. This fund receives revenue from interest earned on the fund's cash balance. Any interest earned on this fund's cash balance is transferred to the Sewage Works Operations Fund (641). City of South Bend, Indiana Monthly Financial Report June 30, 2019 Sewage Sinking (Debt Service) Enterprise Funds City Funds 96 Fund Name Fund Number 653 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 42,000 7,902 39,049 21,636 - 2,951 93% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 42,000 7,902 39,049 21,636 - 2,951 93% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital - - - - - - 0% Total Expenditures - - - - - - 0% Net 42,000 7,902 39,049 21,636 2,951 Cash Balance 4,243,295 4,159,985 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for required debt service reserves as required by bond documents. This Debt Reserve fund is held in a separate account at Bank of NY Mellon Trust. The account was fully funded for existing debt in 2013. A reconciliation of this account is done on a monthly basis. The debt service reserve amount is used towards the last debt service payment. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Sewage Debt Service Reserve Enterprise Funds City Funds This fund receives revenue from interest earned on the fund's cash balance. 97 Fund Name Fund Number 659 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - 1 - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue - - - 1 - - 0% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital - - - - - - 0% Total Expenditures - - - - - - 0% Net - - - 1 - Cash Balance - 146 Fund Purpose: Explanation of Significant Spending on Capital Projects: This fund accounts for expenditures of the 2011 Sewer Bond proceeds. The remaining funds were transferred to Fund 649 in 2018. This Sewage Works Revenue Bond closed in October of 2011. The significant projects this bond has funded are listed below: Diamond Ave. Trunk Sewer, Phase II $3.7 million East Bank Sewer Separation, Phase II $2.8 million East Bank Sewer Separation, Phase III $2.3 million LaSalle School Area Sewer Separation, $1.7 million East Bank Sewer Separation, Phase III $545,000 Southwood Sewer Separation, $1,438,816 Diamond Ave. Trunk Sewer, Phase III $248,000 St. Joseph River CSO Stabilization $217,831 Secondary Clarifier Upgrade $545,828 Wastewater Treatment Plant Digester Upgrade $5,945,471 City of South Bend, Indiana Monthly Financial Report June 30, 2019 Sewer Bond 2011 Enterprise Funds City Funds 98 Fund Name Fund Number 661 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - 3,208 - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue - - - 3,208 - - 0% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital - - - 628,214 - - 0% Total Expenditures - - - 628,214 - - 0% Net - - - (625,007) - Cash Balance - 17,115 Fund Purpose: Explanation of Significant Spending on Capital Projects: This fund accounts for expenditures of the 2012 Sewer Bond proceeds. Bond proceeds fully spent as of April 2018. Remaining interest earnings were transferred to the Sewage Sinking Fund 649. Since issue through December 2015, projects funded from this Bond include: - East Bank Sewer Separation-Phase 4 - $2.6 million - Diamond Ave. Sewer Separation Phase 3 - $2.6 million - Prairie Avenue Sewer Separation-Phase - $600,445 - Southwood Sewer Separation - $919,608 - Fairfax Sewer - $70,022 - East Bank Sewer Separation-Phase 5 - $2,096,088 - Sewer Sensory Control Network - $193,609 - Wastewater Treatment Plant Grit/Screening Improvements - $186,216 - Secondary Improvements - $3,723,987 - CSO LTCP re-look - $1,714,206 City of South Bend, Indiana Monthly Financial Report June 30, 2019 Sewer Bond 2012 Enterprise Funds City Funds 99 Fund Name Fund Number 667 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 600,000 6,723 6,723 - - 593,277 1% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 600,000 6,723 6,723 - - 593,277 1% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 100,000 - 13,275 - 46,725 40,000 60% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 100,000 - 13,275 - 46,725 40,000 60% Capital 500,000 150 23,677 - 41,088 435,235 13% Total Expenditures 600,000 150 36,952 - 87,813 475,235 21% Net - 6,573 (30,229) - 118,042 Cash Balance (36,300) - Fund Purpose: Explanation of Revenue Sources: Explanation of Significant Spending on Capital Projects: On January 14, 2019, the Common Council passed an ordinance to establish a storm water user fee (ordinance 10633-19). This fund was established to track receipt of the storm water fee revenue and expense of that revenue on storm water projects. - The storm sewer system consist of sewers, storm inlets, catch basins, manholes, curbs, gutters, ditches, swales, retention and/or detention ponds or basins, dams, and flood control facilities designed for the collection, control, transport or discharge of stormwater. A stormwater utility fee is a fee that produces revenue dedicated to improving drainage, controlling flooding, improving water quality and implementing regulations. Actual stormwater needs top around $3,000,000 in areas such as Riverbank Stabilization, downspout disconnection plan, drainage projects, South Bend Dam, Flood Mitigation, Western Avenue Phase III Storm Sewer, and the Michigan Street Separation. However the proposed area for the 2019 budget are as follow: Professional services used for design and planning $200K, Drainage Improvements of $350K, South Bend Dam $150K, Flood Mitigation $100K, and Storm Sewer Separations $400K. The storm water fee structure is a flat rate of $2 per month for residential customers and $5 per month for non-residential customers.The fee took effect on June 1, 2019. - This storm water user rate shall apply for a period of at least two years with subsequent transition to a rate based upon the quantity of impervious surface area in a parcel of real estate after study and evaluation by the City' s Department of Public Works and upon Common Council approval. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Storm Sewer Fund Enterprise Funds City Funds 100 Fund Name Fund Number 670 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues 1,275,000 - 637,500 318,750 - 637,500 50% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services 3,207,730 276,876 1,474,655 1,513,966 - 1,733,075 46% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 7 - 6 - - 1 92% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 5,600 341 4,043 2,167 - 1,557 72% Interfund Allocation Reimb 66,045 5,504 33,021 - - 33,024 50% Transfers In - - - - - - 0% Total Revenue 4,554,382 282,721 2,149,225 1,834,883 - 2,405,157 47% Expenditures Personnel Salaries & Wages 1,475,246 104,629 709,567 897,693 - 765,679 48% Fringe Benefits 534,662 36,625 227,033 206,868 - 307,629 42% Total Personnel 2,009,908 141,254 936,600 1,104,561 - 1,073,308 47% Supplies 1,171,224 98,291 511,633 426,102 16,342 643,249 45% Services & Charges Professional Services 86,248 3,284 40,935 126,016 2,050 43,263 50% Printing & Advertising - - - 11,268 - - 0% Utilities 309,744 20,593 187,133 152,513 - 122,611 60% Education & Training - - - 625 - - 0% Travel 2,000 - - 17,787 - 2,000 0% Repairs & Maintenance 99,981 2,190 39,656 37,941 15,937 44,388 56% Other Interfund Allocations 162,380 13,531 81,192 - - 81,188 50% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Insurance 54,611 4,553 30,330 44,791 - 24,281 56% Other Services & Charges 523,034 47,597 236,950 114,980 3,998 282,086 46% Transfers Out 268,227 - - - - 268,227 0% Total Services & Charges 1,506,225 91,749 616,195 505,922 21,984 868,044 42% Capital - - - - - - 0% Total Expenditures 4,687,357 331,294 2,064,428 2,036,584 38,326 2,584,601 45% Net (132,975) (48,573) 84,798 (201,701) (179,444) Cash Balance 1,630,370 1,695,295 Staffing Budget Actual Full Time 8 7 Part-Time /Seasonal/Temporary N/A 6 Total 8 13 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the operating costs of Century Center, the City's convention center. Century Center food & beverage operations are currently managed by SMG Corporation. This fund receives Hotel/Motel tax and collects revenue for charges for services such as rent, catering, parking etc. In 2018, a new food & beverage management contract was signed with SMG (a company that specializes in venue management) - as a result, a portion of the staff were transferred to the City. Charges for Services is expected to increase over the years as new business is generated by the two new hotels that opened in downtown South Bend in 2018. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Century Center Enterprise Funds City Funds 101 Fund Name Fund Number 671 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 12,000 1,064 6,401 427 - 5,599 53% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In 177,475 - - - - 177,475 0% Total Revenue 189,475 1,064 6,401 427 - 183,074 3% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 63,000 - - 4,800 - 63,000 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 63,000 - - 4,800 - 63,000 0% Capital 20,000 - - 5,216 - 20,000 0% Total Expenditures 83,000 - - 10,016 - 83,000 0% Net 106,475 1,064 6,401 (9,589) 100,074 Cash Balance 863,764 855,764 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established in 2012 to account for capital expenditures at Century Center. The funds are accounted for in a separate capital bank account. The Century Center's capital needs are being met by an allocation from the Saint Joseph County Hotel/Motel Tax Board. These capital expenditures for the Century Center are paid directly from the County budget and do not pass through the City's accounting system; therefore, these expenditures do not appear in the City's budget. For 2019, the Century Center is requesting $1.26 million for capital expenditures to be paid by the Hotel/Motel Tax Board. This request is subject to St Joseph County appropriation. $20,000 is budgeted from the Century Center's own capital funds to cover any smaller capital needs not covered by the Hotel/Motel Tax Board. In 2013, the fund received a capital contribution of $575,000 from the new facility manager and a $100,000 allocation of Professional Sports Development Area (PSDA) taxes. The remainder of these funds have been appropriated for spending during 2015. $25,000 was appropriated to help pay for the Wall of Fame in conjunction with the South Bend Alumni Association. $50,000 was transferred out to the new fund 672 for bond payments on the Energy Savings Contract. This fund also receives revenue from interest earned on the fund's cash balance. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Century Center Capital Enterprise Funds City Funds 102 Fund Name Fund Number 672 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues 235,000 - 235,000 221,437 - - 100% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 2,400 71 1,235 25 - 1,165 51% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 103,235 - 53,109 55,068 - 50,126 51% Interfund Allocation Reimb - - - - - - 0% Transfers In 90,752 - - - - 90,752 0% Total Revenue 431,387 71 289,344 276,530 - 142,043 67% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal 280,090 - 138,681 24,021 141,409 - 100% Debt Service - Interest & Fees 136,334 - 68,880 71,727 66,454 1,000 99% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 416,424 - 207,561 95,748 207,863 1,000 100% Capital - - - - - - 0% Total Expenditures 416,424 - 207,561 95,748 207,863 1,000 100% Net 14,963 71 81,783 180,782 141,043 Cash Balance 252,358 239,663 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established in 2015 to account for debt service payments of the 2015 Century Center Energy Conservation bonds. The bond proceeds were used to make improvements at the Century Center including a new roof and other energy efficiency projects. The bonds will be paid off over a 15 year period, with the final payment due on May 1, 2031 (debt schedule #139). This fund receives revenue in the following ways: a pledge of hotel/motel tax revenue from Saint Joseph County in the amount of $221,437 per year starting in 2018; an operating transfer from Century Center; and a federally-subsidized interest rebate of approximately 80% of interest paid. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Century Center Energy Conservation Debt Svc Enterprise Funds City Funds 103 Fund Name Fund Number 222 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Licenses & Permits 7,015 - 948 1,651 - 6,067 14% Charges for Services 7,320,769 3,394,594 3,657,302 362,285 - 3,663,467 50% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 9,200 1,569 6,518 4,771 - 2,682 71% Other Income 5,021,750 (549,356) 2,670,997 3,650,533 - 2,350,753 53% Interfund Allocation Reimb 610,726 50,895 305,356 204,098 - 305,370 50% Transfers In - - - - - - 0% Total Revenue 12,969,460 2,897,702 6,641,121 4,223,339 - 6,328,339 51% Expenditures by Division Equipment Services 3,423,940 2,403,061 3,412,631 1,317,370 8,940 2,369 100% Building Maintenance 233,139 12,668 83,759 106,143 22 149,358 36% Central Purchasing/Stores 308,040 26,895 143,590 123,528 - 164,450 47% Print Shop 189,881 14,331 81,180 72,700 3,901 104,800 45% Radio Shop 301,290 16,235 128,038 141,125 768 172,484 43% Energy/Sustainability 17,237 2,316 5,894 152,803 6,533 4,810 72% Electric & Gas Utilities 4,774,755 344,931 2,460,519 2,287,484 2,084,050 230,186 95% Facilities Management 316,655 9,373 61,920 - 1 254,734 20% Total Expenditures by Division 9,564,937 2,829,809 6,377,533 4,201,153 2,104,214 1,083,190 89% Expenditures Personnel Salaries & Wages 2,291,115 138,954 959,480 1,049,936 - 1,331,635 42% Fringe Benefits 912,335 53,751 365,150 486,142 - 547,185 40% Total Personnel 3,203,450 192,705 1,324,630 1,536,078 - 1,878,820 41% Supplies 138,128 2,223,635 2,178,301 70,219 9,441 (2,049,614) 1584% Services & Charges Professional Services 203,000 - 165 10,000 2,835 200,000 1% Printing & Advertising 6,341 308 529 3,534 157 5,655 11% Utilities 4,844,475 348,350 2,498,605 2,320,319 2,084,050 261,820 95% Education & Training 20,800 49 3,019 3,893 - 17,781 15% Travel 4,000 225 225 323 - 3,775 6% Repairs & Maintenance 94,047 7,323 34,683 36,639 1,185 58,179 38% Other Interfund Allocations 648,014 54,001 324,008 205,614 - 324,006 50% Debt Service - Principal 14,209 758 7,053 6,885 4,103 3,053 79% Debt Service - Interest & Fees 1,070 77 583 851 198 289 73% Grants & Subsidies 4,800 - 2,434 5,320 - 2,366 51% Other Services & Charges 7,603 2,379 3,297 1,478 2,246 2,060 73% Transfers Out 375,000 - - - - 375,000 0% Total Services & Charges 6,223,359 413,470 2,874,601 2,594,856 2,094,774 1,253,984 80% Capital - - - - - - 0% Total Expenditures 9,564,937 2,829,809 6,377,533 4,201,153 2,104,214 1,083,190 89% Net 3,404,523 67,893 263,588 22,186 5,245,149 Cash Balance 1,227,296 1,103,653 Staffing Budget Actual Full Time 42 35 Part-Time /Seasonal/Temporary N/A 4 Total 42 39 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Expenses: Employee wages & benefits, repair parts, tools, uniforms, repair services, Radio Shop calibration of equipment, natural gas and electric for City departments, Print Shop machine leases. In 2019, the Office of Sustainability will move out of the Central Services Fund and into the General Fund (101). Capital expenditures are tracked in the Central Services Capital Fund (224). Transfers Out of the Central Services Operating Fund (222) to the capital fund (224) typically match the budgted capital expenditures. In 2019, Transfers Out increased significantly due to increased capital needs. This fund tracks the operating costs of the Central Services Department. Central Services provides a variety of services to other city departments, along with several local county, state and federal agencies. Central Services consists of 6 divisions: Equipment Services (0605), Building Maintenance (0606), Central Purchasing/Stores (0612), Print Shop (0613), Radio Shop (0614), Facilities Managment (0680). The electric and natural gas costs for the entire City are tracked in a separate sub-division (0617) and allocated back to departments with an 8% admin fee added to help fund the Facilities Management division. The Department of Administration & Finance oversees the Central Services Department. Central Purchasing/Stores and Print Shop are funded by allocation. Facilities Management is funded by an 8% admin fee added added to the electric and natural gas bills when they are allocated back to departments. All other cost centers are funded through internal labor rates. The Equipment Services division receives business licensing revenue from performing inspections of taxi cabs. This revenue has declined dramatically in the past two years due to the popularity of ride sharing services such as Uber and Lyft. This fund also receives revenue from interest earned on the fund's cash balance. City Funds City of South Bend, Indiana Monthly Financial Report June 30, 2019 Central Services Internal Service Funds 104 Fund Name Fund Number 224 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 2,100 317 1,754 1,325 - 346 84% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In 375,000 - - - - 375,000 0% Total Revenue 377,100 317 1,754 1,325 - 375,346 0% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies 5,000 - - - - 5,000 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance 88,671 - 31,941 4,650 30,575 26,155 71% Other Interfund Allocations - - - - - - 0% Debt Service - Principal 7,813 - - - - 7,813 0% Debt Service - Interest & Fees 1,187 - - - - 1,187 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 97,671 - 31,941 4,650 30,575 35,155 64% Capital 300,000 - - 72,160 - 300,000 0% Total Expenditures 402,671 - 31,941 76,810 30,575 340,155 16% Net (25,571) 317 (30,187) (75,486) 35,191 Cash Balance 138,373 118,814 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund accounts for capital expenditures for the Central Services Department. Debt service principal and interest payments are budgeted for a new forklift for the Sample Street garage. In 2019, $300,000 is budgeted for new fleet management software to help the Equipment Services division better manage the City's vehicle assets. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Central Services Capital Internal Service Funds City Funds This fund receives transfers from the Central Services Operating Fund (222). Transfers typically match the budgted capital expenditures. This fund also receives revenue from interest earned on the fund's cash balance. 105 Fund Name Fund Number 226 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Interest Earnings 70,000 8,839 44,092 35,952 - 25,908 63% Other Income 897,304 618,725 894,897 20,096 - 2,407 100% Interfund Allocation Reimb 3,944,597 327,601 1,978,991 1,032,067 - 1,965,606 50% Transfers In - - - - - - 0% Total Revenue 4,911,901 955,165 2,917,980 1,088,115 - 1,993,921 59% Expenditures by Division Safety & Risk Management 251,682 16,152 122,229 109,429 9,128 120,324 52% Liability Insurance 2,032,932 55,613 386,823 910,700 - 1,646,109 19% Business Insurance 689,500 - 82,828 238,622 21,441 585,231 15% Workers' Compensation 1,028,000 63,100 757,581 775,001 19,988 250,431 76% Catastrophic Events 355,541 74,073 422,371 9,668 179,803 (246,633) 169% Total Expenditures by Division 4,357,655 208,938 1,771,832 2,043,421 230,360 2,355,463 46% Expenditures Personnel Salaries & Wages 154,286 11,643 76,247 93,725 - 78,039 49% Fringe Benefits 61,221 4,834 30,160 42,461 - 31,061 49% Total Personnel 215,507 16,477 106,408 136,186 - 109,100 49% Supplies 17,125 6,408 48,813 3,029 1,523 (33,211) 294% Services & Charges Professional Services 184,929 354 100,294 133,467 14,875 69,760 62% Printing & Advertising - - - - - - 0% Education & Training 29,750 - 21,971 5,509 6,882 897 97% Travel 6,082 664 1,316 1,578 32 4,734 22% Repairs & Maintenance 26,965 597 13,083 10,636 10,166 3,716 86% Other Interfund Allocations 144,621 12,052 72,309 55,962 - 72,312 50% Insurance 1,408,500 58,720 724,444 741,562 6,566 677,490 52% Other Services & Charges 1,992,600 46,440 320,795 930,068 20,680 1,651,125 17% Transfers Out - - - 25,425 - - 0% Total Services & Charges 3,793,447 118,827 1,254,212 1,904,206 59,200 2,480,034 35% Capital 331,576 67,226 362,399 - 169,637 (200,460) 160% Total Expenditures 4,357,655 208,938 1,771,832 2,043,421 230,360 2,355,463 46% Net 554,246 746,226 1,146,148 (955,306) (361,542) Cash Balance 4,846,154 3,712,213 Staffing Budget Actual Full Time 3 3 Part-Time /Seasonal/Temporary N/A - Total 3 3 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: The cash reserve goal in this fund is presently $5 million. When this fund has sufficient reserves, allocations to departments may decrease. Workers' Compensation expenses have increased in the past 18 months due to several large, unrelated injuries. The City continues to monitor the workers' compensation related accidents and provides training once an issue has been brought to the attention of the Safety & Risk Department. There is also a considerable amount of proactive training which happens throughout the City in an effort to stop any workplace injuries. Capital was budgeted in 2018 to spend the insurance proceeds from the 2018 flood claims. City Funds This internal service fund handles operations relating to business insurance and claims--property, liability, workers compensation, etc.--and the operations of Safety & Risk Management, a division of Administration & Finance. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Liability Insurance Internal Service Funds Revenues for this fund come from other City funds that pay a share proportionate to their estimated liability expenses. Various methodologies will be used to effectively and fairly assign costs to city funds and departmental operations. In 2019, Safety & Risk costs will be allocated based on departments' budgeted FTE's. Liability and worker's compensation costs will be allocated based on two-year claims history. Business insurance costs will be allocated based on net book value of capital assets at December 31, 2017 per CAFR and capital asset records. 106 Fund Name Fund Number 278 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 14,000 1,727 8,777 6,061 - 5,223 63% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 3,700 480 2,633 1,440 - 1,067 71% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 17,700 2,207 11,410 7,501 - 6,290 64% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - (124) - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 50,000 474 969 - - 49,031 2% Transfers Out - - - - - - 0% Total Services & Charges 50,000 474 969 - - 49,031 2% Capital - - - - - - 0% Total Expenditures 50,000 474 969 (124) - 49,031 2% Net (32,300) 1,733 10,440 7,625 (42,741) Cash Balance 760,936 759,389 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund pays for police vehicle off duty accident claims. Expenditures are driven by the number of off duty accident claims. Claims have been minimal in this fund since it was created. This fund charges police officers for liability insurance and gasoline costs for take home police vehicles. Deductions from officers for gas and insurance are made in accordance with an agreement with the Fraternal Order of Police (FOP). The agreement calls for the suspension of the deduction based on the price of gas and the balance of cash in this fund. The decrease in revenue is the result of suspending the payroll deduction for sworn officers as outlined in the agreement between the Police Department and the FOP. This fund receives revenue from interest earned on the fund's cash balance. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Take Home Vehicle Police Internal Service Funds City Funds 107 Fund Name Fund Number 279 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Interest Earnings 40,000 5,794 26,084 7,645 - 13,916 65% Charges for Services 62,585 - 62,585 - - 0 100% Donations - - - 100,000 - - 0% Other Income 61,439 3,198 48,405 24,979 - 13,034 79% Interfund Allocation Reimb 7,991,331 665,947 3,995,649 3,394,476 - 3,995,682 50% Transfers In - - - - - - 0% Total Revenue 8,155,355 674,939 4,132,723 3,527,100 - 4,022,632 51% Expenditures by Division 311 Call Center 557,310 43,271 267,594 264,381 3,506 286,210 49% Information Technology 8,720,821 350,735 3,816,677 2,537,665 1,777,555 3,126,589 64% Total Expenditures by Division 9,278,131 394,006 4,084,270 2,802,046 1,781,062 3,412,799 63% Expenditures Personnel Salaries & Wages 1,942,598 129,029 833,543 754,126 - 1,109,055 43% Fringe Benefits 692,708 43,334 271,517 302,599 - 421,191 39% Total Personnel 2,635,306 172,363 1,105,061 1,056,725 - 1,530,246 42% Supplies 127,341 8,819 85,683 40,347 13,222 28,436 78% Services & Charges Professional Services 1,417,812 17,188 281,194 445,190 760,109 376,509 73% Printing & Advertising 5,150 - 120 298 - 5,030 2% Education & Training 74,900 - 6,900 11,720 195 67,805 9% Travel 46,078 4,925 14,748 7,339 27,954 3,376 93% Repairs & Maintenance 3,497,713 151,677 1,652,079 1,084,959 746,750 1,098,884 69% Other Interfund Allocations 6,785 565 3,395 2,604 - 3,390 50% Debt Service - Principal 384,403 15,496 181,144 55,199 172,446 30,813 92% Debt Service - Interest & Fees 48,219 314 17,609 4,460 15,490 15,120 69% Grants & Subsidies - - - - - - 0% Other Services & Charges 394,324 22,658 136,336 93,204 4,796 253,192 36% Transfers Out 600,000 - 600,000 - - - 100% Total Services & Charges 6,475,384 212,824 2,893,527 1,704,974 1,727,739 1,854,119 71% Capital 40,100 - - - 40,100 - 100% Total Expenditures 9,278,131 394,006 4,084,270 2,802,046 1,781,062 3,412,801 63% Net - - - - 609,831 Cash Balance 2,812,864 2,314,136 Staffing Budget Actual Full Time 30 29 Part-Time /Seasonal/Temporary N/A 1 Total 30 30 Fund Purpose: Explanation of Revenue Sources: Explain Significant Revenue, Expenditure and Staffing Changes/Variances Below: This internal service fund tracks the cost of the Department of Innovation & Technology. The 311 Call Center division was established to handle citizen telephone calls in an efficient and effective manner. It provides citizens with a "one-stop" shop to contact city departments with inquiries and service requests. The Information Technology division provides technical services to the various departments within the City and maintains the City's IT infrastructure. The Dept of Innovation & Technology's goal is to empower an innovative workforce and a thriving community through technology, data, and strategic partnerships. Centralized IT: In 2019, the City continues to centralize IT expenditures from other departments. In the past, these consolidations have led to annual savings of over $300k as we gained visibility into underutilized services and assets. In 2019, an additional $671,000 of departmental costs are being charged to Fund 279 and allocated back to the respective departments. ERP Implementation: In 2019, $600,000 (from prior year reserves) will be transferred to COIT Fund 404 to cover the cost of the new enterprise resource planning (ERP) software implementation. The ERP implementation is estimated to cost about $3 million. Mayoral Initiatives: SBAcademy, the City’s training program, has trained employees in novel techniques that enable process improvements and other innovations that will continue to make government more efficient ($40k). IT is requesting funding to maintain and expand the quality of digital inclusion initiatives ($137k). CityWorks: In 2019, IT will continue to grow the enterprise work order, permits and licensing, and asset management system. In 2018, CityWorks was selected as the enterprise platform because it integrated well with GIS and had substantial adoption from similarly sized cities. Based on departmental demand, IT is requesting funding to onboard the Department of Community Investment (DCI), Parks Maintenance, Forestry, Traffic & Lighting, and the Street Dept City Funds City of South Bend, Indiana Monthly Financial Report June 30, 2019 IT / Innovation / 311 Call Center Internal Service Funds 311 Call Center - 7 full-time employees and 1 part-time employee Innovation & Technology - 23 full-time employees Staffing Budget by Division This fund receives revenue in the form of an interfund allocation. The cost of the 311 Call Center and the Department of Innovation & Technology is allocated between the City departments based on various criteria including number of devices, number of user licenses, departmental specific software renewal, and more. 108 Fund Name Fund Number 711 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 250,000 24,516 135,739 88,667 - 114,261 54% Donations - - - - - - 0% Other Income 13,118,654 1,092,611 6,710,743 9,121,428 - 6,407,911 51% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 13,368,654 1,117,127 6,846,481 9,210,094 - 6,522,172 51% Expenditures by Division Employee Benefits 15,442,986 1,159,332 8,390,414 6,914,231 174,716 6,877,856 55% Employee Wellness Clinic 1,180,000 224,445 757,556 540,023 405,574 16,869 99% Total Expenditures by Division 16,622,986 1,383,777 9,147,970 7,454,253 580,291 6,894,725 59% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies 146,686 407 94,384 32,031 8,193 44,109 70% Services & Charges Professional Services 1,295,217 240,843 797,742 660,122 500,359 (2,884) 100% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Grants & Subsidies - - - - - - 0% Insurance 15,169,600 1,142,505 8,247,939 6,761,425 71,738 6,849,923 55% Other Services & Charges 11,483 23 7,906 675 - 3,577 69% Transfers Out - - - - - - 0% Total Services & Charges 16,476,300 1,383,371 9,053,587 7,422,222 572,097 6,850,616 58% Capital - - - - - - 0% Total Expenditures 16,622,986 1,383,777 9,147,970 7,454,253 580,291 6,894,725 59% Net (3,254,332) (266,650) (2,301,489) 1,755,841 (372,553) Cash Balance 9,673,401 11,676,524 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund handles expenses relating to insurance and claims relating to employees, including medical, dental, life, flex spending, etc. An Employee Wellness Center was opened on January 18, 2016, which was set in place with the understanding that the City should see a drop in claims expenses over time. Upon review of the health insurance fund, it was determined that it was overfunded from prior years due to lower than anticipated costs. Therefore, in 2019, the City is holding premiums to employees without an increase for 2019 and dropping the costs to the individual departments on a one-time basis. Likely due in large part to the near-site health clinic, the medical costs remain relatively flat year-over-year in a climate when the costs of health care are ever rising. Therefore, the City will continue to closely monitor this fund to ensure the premiums charged to employees and departments remains affordable while allowing the City to maintain excellent benefits for employees. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Self-Funded Employee Benefits Internal Service Funds City Funds Revenues for this fund come from individual departments based on the number of employees taking health insurance based on a per employee rate as set by the Controller's office on an annual basis, as well as from employee and public safety retiree health insurance premiums. 109 Fund Name Fund Number 713 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 3,400 427 2,345 1,789 - 1,055 69% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 3,400 427 2,345 1,789 - 1,055 69% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits 60,000 2,396 23,228 18,158 - 36,772 39% Total Personnel 60,000 2,396 23,228 18,158 - 36,772 39% Supplies - - - - - - 0% Services & Charges Professional Services 10,000 - 2,400 - - 7,600 24% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 10,000 - 2,400 - - 7,600 24% Capital - - - - - - 0% Total Expenditures 70,000 2,396 25,628 18,158 - 44,372 37% Net (66,600) (1,969) (23,283) (16,369) (43,317) Cash Balance 185,682 209,260 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established in 2011 to account for unemployment claims and outplacement services paid. All unemployment claims and outplacement services are paid through this fund. The personnel expenditures line item is unemployment compensation claims paid out. Claims have been relatively stable. The services line item is for potential outplacement services. Typically, this fund charges an allocation of 0.25% of payroll to most departments to cover the cost of unemployment claims paid. However, beginning in Nov 2016, the charge of 0.25% of payroll costs was suspended indefinitely due to the fund's high cash reserves. The City tracks unemployment compensation claims paid and against the cash reserve balance. The allocation is forecasted to be reinstated in 2020; however, the City will continue to review whether or not the allocation needs to be brought back in 2020. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Unemployment Compensation Internal Service Funds City Funds 110 Fund Name Fund Number 714 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 1,150 86 544 82 - 606 47% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 173,346 12,219 79,630 83,852 - 93,716 46% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 174,496 12,305 80,174 83,934 - 94,322 46% Expenditures Personnel Salaries & Wages 155,694 19,484 100,524 46,242 - 55,170 65% Fringe Benefits - - - - - - 0% Total Personnel 155,694 19,484 100,524 46,242 - 55,170 65% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital - - - - - - 0% Total Expenditures 155,694 19,484 100,524 46,242 - 55,170 65% Net 18,802 (7,179) (20,350) 37,692 39,152 Cash Balance 30,887 37,692 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Beginning in 2018, the City offers a Parental Leave Program to its employees to provide additional paid time off for employees for the birth or adoption of a child. The Parental Leave Program is currently being developed based on the models of other progressive, best-in-class employers. Expenditures are the wages and benefits associated with the additional paid time off for employees for the child or adoption of a child. The program was well-received in 2018 and many employees took advantage of the benefit. The City plans to continue this program. The program is funded by a 0.25% charge against gross departmental wages. This charge may increase or decrease based on the financial needs of the program and the performance of the fund. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Parental Leave Fund Internal Service Funds City Funds 111 Fund Name Fund Number 701 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues 5,212,638 2,235,497 2,235,497 2,239,434 - 2,977,141 43% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 6,500 - 1,644 2,060 - 4,856 25% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - 5,414 - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 5,219,138 2,235,497 2,237,141 2,246,908 - 2,981,997 43% Expenditures Personnel Salaries & Wages 5,105,307 363,611 2,215,237 2,404,160 - 2,890,070 43% Fringe Benefits - - - - - - 0% Total Personnel 5,105,307 363,611 2,215,237 2,404,160 - 2,890,070 43% Supplies 300 - - 67 - 300 0% Services & Charges Professional Services 5,000 - 4,000 3,202 - 1,000 80% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel 350 - - - - 350 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 1,500 71 613 522 - 887 41% Transfers Out - - - - - - 0% Total Services & Charges 6,850 71 4,613 3,724 - 2,237 67% Capital - - - - - - 0% Total Expenditures 5,112,457 363,682 2,219,850 2,407,951 - 2,892,607 43% Net 106,681 1,871,815 17,291 (161,043) 89,390 Cash Balance 333,057 302,986 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the operation of a pension plan for former Fire Department employees and receives reimbursement from the State of Indiana. Retiree health insurance payments are not paid through this fund; this cost is not reimbursed by the state. Retiree health payments are paid through the regular Fire Department budget. For the year 2019, there are no scheduled DROP (deferred retirement option plan) payments. Pension relief payments are received from the state in arrears based on costs incurred in the prior year. Payments are typically received in June and September. This fund can have a negative cash balance when it is waiting to be reimbursed by the State. This fund also receives revenue from interest earned on the fund's cash balance. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Fire Pension Trust Funds City Funds 112 Fund Name Fund Number 702 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues 6,347,700 3,057,891 3,057,891 3,113,529 - 3,289,809 48% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 14,500 - 4,806 3,974 - 9,694 33% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 8,000 293 2,224 882 - 5,776 28% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 6,370,200 3,058,184 3,064,920 3,118,384 - 3,305,279 48% Expenditures Personnel Salaries & Wages 6,343,985 513,584 3,356,160 3,146,030 - 2,987,825 53% Fringe Benefits 3,717 - - 261 - 3,717 0% Total Personnel 6,347,702 513,584 3,356,160 3,146,291 - 2,991,542 53% Supplies 800 - - - - 800 0% Services & Charges Professional Services 5,500 - 4,000 3,200 - 1,500 73% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel 500 - - - - 500 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 1,400 97 646 451 - 754 46% Transfers Out - - - - - - 0% Total Services & Charges 7,400 97 4,646 3,651 - 2,754 63% Capital - - - - - - 0% Total Expenditures 6,355,902 513,680 3,360,805 3,149,943 - 2,995,096 53% Net 14,298 2,544,504 (295,885) (31,558) 310,183 Cash Balance 651,699 853,441 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the operation of a pension plan for former Police Department employees and receives reimbursement from the State of Indiana. Pension relief payments are received from the state in arrears based on costs incurred in the prior year. Payments are typically received in June and September. This fund can have a negative cash balance when it is waiting to be reimbursed by the State. This fund also receives revenue from interest earned on the fund's cash balance. Retiree health insurance was paid from this fund through 2016; that cost was not reimbursed by the state and was transferred to the regular Police Department budget. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Police Pension Trust Funds City Funds 113 Fund Name Fund Number 730 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 620 67 339 229 - 281 55% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 620 67 339 229 - 281 55% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital - - - - - - 0% Total Expenditures - - - - - - 0% Net 620 67 339 229 281 Cash Balance 29,317 28,699 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This trust fund is designated for expenses specifically for the City Cemetery. There are no budgeted expenditures at this time. The City Cemetery Master Plan is funded through West Washington TIF Fund (422). See Fund 422 for details. Revenue was originally derived from the sale of cemetery plots and burial expenses. There are few sites available for sale and most plots are occupied, resulting in little burial activity. This fund is managed by the Parks Department. Currently, this fund only receives revenue from interest earned on the fund's cash balance. City of South Bend, Indiana Monthly Financial Report June 30, 2019 City Cemetery Trust Trust Funds City Funds 114 Fund Name Fund Number 731 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 8,000 1,044 5,323 - - 2,677 67% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 8,000 1,044 5,323 - - 2,677 67% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital - - - - - - 0% Total Expenditures - - - - - - 0% Net 8,000 1,044 5,323 - 2,677 Cash Balance 461,195 - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: In 2018, the trust administered by Key Bank for the maintenance of the Bowman Cemetery was terminated. The funds held in the trust were transferred to the City for the City’s ongoing responsibility to care for the Bowman Cemetery in perpetuity according to Indiana law. Fund 731 was established by Ordinance No. 10638-18, dated December 10, 2018 to account for the transferred funds and to budget for the expenses the City will incur in maintaining the Bowman Cemetery. This fund only receives revenue from interest earned on the fund's cash balance. The cash reserve requirement is set at $400,000 with the expectation that interest earned on that balance will be used for expenses. Expenses will be for maintaining the Bowman Cemetery. There are no expenditures budgeted for 2019 since the fund was established after the 2019 budget was passed. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Bowman Cemetery Trust Funds City Funds 115 Fund Name Fund Number 324 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 16,935,449 10,643,592 10,643,592 10,603,198 - 6,291,857 63% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues 396,500 - 197,500 196,500 - 199,000 50% Intergov./ Grants 41,207 768 41,206 22,988 - 1 100% Charges for Services - - - 1,060 - - 0% Interest Earnings 600,000 58,143 299,883 224,376 - 300,117 50% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 33,085 - 20,000 4,503,353 - 13,085 60% Transfers In 34,000 6,338 31,579 18,030 - 2,421 93% Total Revenue 18,040,241 10,708,842 11,233,760 15,569,505 - 6,806,481 62% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 3,479,627 9,663 521,091 579,845 1,297,388 1,661,148 52% Printing & Advertising - - - - - - 0% Repairs & Maintenance - - - - - - 0% Debt Service - Principal 4,038,315 - 1,950,773 1,137,362 2,058,315 29,227 99% Debt Service - Interest & Fees 1,198,775 20,975 628,491 493,871 598,512 (28,228) 102% Grants & Subsidies - - - - - - 0% Other Services & Charges 2,707,835 221,912 1,101,835 1,984,316 786,000 820,000 70% Transfers Out 4,261,018 - 2,133,988 2,133,988 - 2,127,030 50% Total Services & Charges 15,685,570 252,550 6,336,177 6,329,382 4,740,215 4,609,177 71% Capital 27,799,381 558,881 2,255,865 6,727,818 8,202,832 17,340,684 38% Total Expenditures 43,484,951 811,431 8,592,042 13,057,200 12,943,047 21,949,861 50% Net (25,444,710) 9,897,411 2,641,718 2,512,306 (15,143,380) Cash Balance 34,375,374 36,022,617 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund makes payments on the following debt: - 2011 Downtown Central Dev Area TIF - final payment 8/1/24, (debt schedule #5) - 2011 Airport Dev Area TIF - final payment 8/1/24, (debt schedule #6) - 2014 TJX Special Taxing District - final payment 1/1/22, (debt schedule #12) - 2006 Main/Colfax Garage - final payment 9/15/25, (debt schedule #13) - 2001 Public Works Service Center Bonds - final payment 2/1/21, (debt schedule #36) - 2012 Fire Station/Police Dept Renovations - final payment 2/1/23, (debt schedule #39) - 2013 Century Center Special Tax Bonds - final payment 5/1/26, (debt schedule #62) - 2010 Interfund Loan from Fund 209 - final payment 8/9/20, (debt schedule #86) - 2015 Smart Streets Bond - final payment 2/1/37, (debt schedule #135) - 2018 TIF Park Bond - final payment 2/1/33, (debt schedule #169) This fund is used to pay for various capital projects within the TIF district. Various projects and development opportunities include: Western Streetscape-Falcon to Dundee, local match to federal funds for Coal Line Trail project, Technology Resource Center Operations & Programming, Portage-Elwood Streetscape, Sherman- Harrison Infrastructure/Public Space, engineering and design of West Side Main Streets Implementation, Public Works and Parks projects, and various development opportunities which may be presented to the Redevelopment Commission in 2019. Financing is provided by property tax proceeds in excess of those attributable to the assessed value of the property in the district before redevelopment. Property tax revenue is received in June and December. This fund also receives revenue from interest earned on the fund's cash balance, sale of properties, and other miscellaneous sources. City of South Bend, Indiana Monthly Financial Report June 30, 2019 TIF - River West Development Area (Airport) Tax Increment Financing Funds Redevelopment Commission Controlled Funds This fund accounts for the collection of Tax Increment Financing (TIF) revenues for the River West Development Area and expenses of those funds on eligible development projects for this TIF area. 116 Fund Name Fund Number 422 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 314,425 144,025 144,025 173,583 - 170,400 46% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Charges for Services - - - - - - 0% Interest Earnings 40,000 3,852 20,423 17,837 - 19,577 51% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 354,425 147,877 164,448 191,420 - 189,977 46% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 479 - - - - 479 0% Printing & Advertising - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 479 - - - - 479 0% Capital 1,694,651 123,500 313,504 154,085 547,355 833,792 51% Total Expenditures 1,695,130 123,500 313,504 154,085 547,355 834,271 51% Net (1,340,705) 24,377 (149,056) 37,335 (644,294) Cash Balance 1,651,912 2,313,759 Fund Purpose: Explanation of Revenue Sources: Explanation of Significant Spending on Capital Projects: Financing is provided by property tax proceeds in excess of those attributable to the assessed value of the property in the district before redevelopment. Property tax revenue is received in June and December. This fund also receives revenue from interest earned on the fund's cash balance. The City Cemetery Master Plan is funded through this TIF. City Cemetery Master Plan - General Strategy 1. Redefine the Role of the City Cemetery: South Bend has a definite tilt toward recreation in the way that it utilizes its public open space. By focusing on a passive recreation approach and highlighting the artistry of the monuments, this open space will better support the adjacent active recreation spaces while strengthening a unique amenity to the neighborhood. 2. Make City Cemetery an Asset to the Surrounding Neighborhoods: Currently, the City Cemetery is isolated and difficult to find. Better connecting it to not only other nearby historic amenities, but to the surrounding community will increase use and ultimately strengthen the neighborhood. 3. Connect to the West Side Main Streets Plan: South Bend has recently undergone an extensive planning process that took an indepth analysis of two major thoroughfares, Lincoln Way West and Western Avenue, into the city. These corridors are both within a relatively close proximity to the City Cemetery and the proposed direction of the West Side Main Streets Plan should be incorporated into this process. 4. Focus on the People: A community’s physical environment strongly influences the health of its residents. To counter balance disproportionate spending on green space within lower income areas, the City of South Bend is strongly focused on Environmental Justice and creating equitable spaces around the community. By addressing rampant blight in the area around the cemetery and better connecting this open space to active recreation and historically significant elements in the area, a stronger, more vibrant, and healthier community will emerge. 5. Showcase the History: The history of the City Cemetery is undeniable; from the artistic wrought iron gate to the stone monuments to the unique landmarks throughout its 21 acres. It contains elements that have local and national significance, such as the gravesite of Schuyler Colfax, the 17th Vice President of the United States. City of South Bend, Indiana Monthly Financial Report June 30, 2019 TIF - West Washington Tax Increment Financing Funds Redevelopment Commission Controlled Funds This fund accounts for the collection of Tax Increment Financing (TIF) revenues for the West Washington Development Area and expenses of those funds on eligible development projects for this TIF area. 117 Fund Name Fund Number 429 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 2,808,805 1,642,174 1,642,174 1,442,090 - 1,166,631 58% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 227,000 20,811 119,508 67,437 - 107,492 53% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - 72,104 - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 3,035,805 1,662,985 1,761,682 1,581,631 - 1,274,123 58% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 80,802 - 14,299 122,253 55,735 10,768 87% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Insurance 26,000 25,256 25,256 - - 744 97% Other Services & Charges 790 - 790 7,417 - - 100% Transfers Out - - - - - - 0% Total Services & Charges 107,592 25,256 40,345 129,669 55,735 11,512 89% Capital 12,094,390 365,897 2,635,297 475,429 2,988,277 6,470,816 46% Total Expenditures 12,201,982 391,153 2,675,642 605,098 3,044,013 6,482,328 47% Net (9,166,177) 1,271,832 (913,960) 976,533 (5,208,205) Cash Balance 10,077,680 9,653,675 Fund Purpose: Explanation of Revenue Sources: Explanation of Significant Spending on Capital Projects: This fund accounts for the collection of Tax Increment Financing (TIF) revenues for the River East Development Area and expenses of those funds on eligible development projects for this TIF area. The boundaries for this TIF district were changed during the 2014 TIF re-alignment. This fund was formerly known as the Northeast TIF. Various projects and development opportunities include: Completion of the City's commitment to the Wharf (Three Twenty Cascades) and JC Lauber (Greater Lowell Holdings) projects, Public Works and Parks projects, and various development opportunities which may be presented to the Redevelopment Commission in 2019. Financing is provided by property tax proceeds in excess of those attributable to the assessed value of the property in the district before redevelopment. Property tax revenue is received in June and December. This fund also receives revenue from interest earned on the fund's cash balance. City of South Bend, Indiana Monthly Financial Report June 30, 2019 TIF - River East Development Area (NE Dev) Tax Increment Financing Funds Redevelopment Commission Controlled Funds 118 Fund Name Fund Number 430 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 2,229,283 1,403,892 1,403,892 1,258,579 - 825,391 63% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 192,000 19,313 103,695 62,206 - 88,305 54% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 2,421,283 1,423,205 1,507,586 1,320,785 - 913,696 62% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 973,532 195 156,248 127,222 167,483 649,801 33% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 973,532 195 156,248 127,222 167,483 649,801 33% Capital 9,379,196 292,027 1,383,462 46,765 311,199 7,684,535 18% Total Expenditures 10,352,728 292,222 1,539,710 173,987 478,682 8,334,336 19% Net (7,931,445) 1,130,983 (32,124) 1,146,798 (7,420,640) Cash Balance 9,420,366 8,983,382 Fund Purpose: Explanation of Revenue Sources: Explanation of Significant Spending on Capital Projects: This fund accounts for the collection of Tax Increment Financing (TIF) revenues for the Southside Development Area #1 and expenses of those funds on eligible development projects for this TIF area. Various projects and development opportunities include: South East Master Plan Implementation, Public Works and Parks projects, and various development opportunities which may be presented to the Redevelopment Commission in 2019. Financing is provided by property tax proceeds in excess of those attributable to the assessed value of the property in the district before redevelopment. Property tax revenue is received in June and December. This fund also receives revenue from interest earned on the fund's cash balance. City of South Bend, Indiana Monthly Financial Report June 30, 2019 TIF - Southside Development #1 Tax Increment Financing Funds Redevelopment Commission Controlled Funds 119 Fund Name Fund Number 435 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 3,724 467 2,384 1,504 - 1,340 64% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 3,724 467 2,384 1,504 - 1,340 64% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 208,000 - 8,750 - 100,050 99,200 52% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 208,000 - 8,750 - 100,050 99,200 52% Capital - - - - - - 0% Total Expenditures 208,000 - 8,750 - 100,050 99,200 52% Net (204,276) 467 (6,366) 1,504 (97,860) Cash Balance 197,909 202,302 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund accounts for the collection of Tax Increment Financing (TIF) revenues for the Douglas Road Development Area and expenses of those funds on eligible development projects for this TIF area. The Douglas Road TIF was established to develop the road and area near the border between South Bend and Mishawaka. Financing is provided by property tax proceeds in excess of those attributable to the assessed value of the property in the district before redevelopment. Property tax revenue is received in June and December. This fund also receives revenue from interest earned on the fund's cash balance. In 2017, the inter-fund debt to Major Moves Fund 412 (debt schedule #64) was paid off. The remaining cash will be spent on additional projects or returned to St. Joseph County. Then the fund will be closed. Expect to work with St Joseph County to complete work on northbound right turn lane from State Road 23 onto Douglas Road. City of South Bend, Indiana Monthly Financial Report June 30, 2019 TIF - Douglas Road Tax Increment Financing Funds Redevelopment Commission Controlled Funds 120 Fund Name Fund Number 436 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes 4,563,923 2,798,589 2,798,589 2,616,136 - 1,765,334 61% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 40,000 1,990 17,201 5,385 - 22,799 43% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - 67 - - 0% Total Revenue 4,603,923 2,800,579 2,815,789 2,621,588 - 1,788,133 61% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 9,047 - - - - 9,047 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal 392,522 - 194,201 186,241 - 198,321 49% Debt Service - Interest & Fees 102,306 - 52,463 60,423 - 49,843 51% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out 3,771,125 - 1,883,253 1,862,972 - 1,887,872 50% Total Services & Charges 4,275,000 - 2,129,917 2,109,636 - 2,145,083 50% Capital - - - - - - 0% Total Expenditures 4,275,000 - 2,129,917 2,109,636 - 2,145,083 50% Net 328,923 2,800,579 685,872 511,952 (356,950) Cash Balance 3,675,066 3,999,195 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the collection of Tax Increment Financing (TIF) revenues for the River East Residential Development Area and expenses of those funds on eligible development projects for this TIF area. The boundaries for this TIF district were changed as part of the TIF re-alignment during 2015. The fund was formerly known as the Northeast Residential TIF. Financing is provided by property tax proceeds in excess of those attributable to the assessed value of the property in the district before redevelopment. Property tax revenue is received in June and December. This fund also receives revenue from interest earned on the fund's cash balance. At the end of 2017, Eddy Street Commons Phase II Bonds were issued to help fund the second phase of the mixed-use development area just south of the University of Notre Dame's campus. Capital expenditures related to the project are tracked in the Eddy Street Commons Capital Fund (759). Transfers Out are interfund transfers to the Eddy Street Commons Debt Service Fund (760) which makes the debt payments. The $9K in other funding will cover mandatory administrative costs related to TIF neutralization calculations. City of South Bend, Indiana Monthly Financial Report June 30, 2019 TIF - River East Residential (NE Res) Tax Increment Financing Funds Redevelopment Commission Controlled Funds 121 Fund Name Fund Number 425 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - 11,372 - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 206 - 206 1,250 - - 100% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 87 - 86 27,619 - 1 99% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 293 - 292 40,241 - 1 100% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - 1,672 - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - 11,608 - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - 15,987 - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - 7,633 - - 0% Transfers Out - - 7,820 - - (7,820) 0% Total Services & Charges - - 7,820 35,229 - (7,820) 0% Capital - - - - - - 0% Total Expenditures - - 7,820 36,901 - (7,820) 0% Net 293 - (7,527) 3,339 7,821 Cash Balance 858 180,074 Fund Purpose: Accounting Methodology: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund is used for South Bend downtown retail space property management. The property sold in June 2018. The fund will be closed and the balance transferred to the Parks & Recreation Fund (201) to help pay for the maintenance of Leighton Plaza. Revenue and expenditures are reported one month in arrears. This fund received revenue from the rental of property in downtown South Bend. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Revelopment Retail Area (Leighton Plaza) Tax Increment Financing Funds Redevelopment Commission Controlled Funds 122 Fund Name Fund Number 433 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes 70,356 19,602 48,917 - - 21,439 70% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Interest Earnings 15,000 1,473 7,299 60 - 7,701 49% Donations 1,000,000 - - - - 1,000,000 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 1,085,356 21,075 56,216 60 - 1,029,140 5% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 4,500 - - 561 - 4,500 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies 1,069,500 - - - - 1,069,500 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 1,074,000 - - 561 - 1,074,000 0% Capital - - - - - - 0% Total Expenditures 1,074,000 - - 561 - 1,074,000 0% Net 11,356 21,075 56,216 (501) (44,860) Cash Balance 671,841 6,890 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: As outlined in the agreement with the Pokagon Band, the donations will fund initiatives broadly aimed at contributing to the improvement of educational opportunities in the City and to address poverty and unemployment in the City. Prior to 2019, this fund's sole expenditure was for general legal fees for the Redevelopment Commission. Starting in 2019, this fund will also be used for economic empowerment activities determined by the Redevelopment Commission and the Department of Community Investment. - The Redevelopment Commission was established to address conditions associated with blight and the underutilization of land and/or barriers to development. The Commission operates within the city limits. They study areas of the city, identify problem areas and develop a strategic plan for eliminating blight and bringing about new development within those areas. A primary focus is on the expansion of tax base and the creation of new jobs within South Bend. - There are five voting members of the South Bend Redevelopment Commission. Three are appointed by the Mayor; two are appointed by the South Bend Common Council. In addition, one member of the South Bend Community School Corporation Board of School Trustees is appointed by the Mayor as a non-voting adviser to the Commission. Beginning in 2018, the City of South Bend will receive payments from the Pokagon Band of the Potawatomi, a Native American tribe, as "payment in lieu of taxes" for the Four Winds Casino built on tribal land adjacent to the City (this is not technically PILOT for financial reporting purposes). In 2019, this fund will receive the South Bend Redevelopment Commission's portion of the Local Income Tax (LIT) distribution from the State. In 2018, the remaining cash balance in the Economic Development Commission Revenue Bonds Fund 281 was transferred to this fund when the bonds were paid off. This fund also receives revenue from interest earned on the fund's cash balance. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Redevelopment General Redevelopment Funds Redevelopment Commission Controlled Funds 123 Fund Name Fund Number 439 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 8,487 1,433 7,292 4,939 - 1,195 86% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 8,487 1,433 7,292 4,939 - 1,195 86% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital 625,000 55,389 55,389 - 544,611 25,000 96% Total Expenditures 625,000 55,389 55,389 - 544,611 25,000 96% Net (616,513) (53,956) (48,098) 4,939 (23,805) Cash Balance 575,934 618,005 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund is used to account for the collection of a special state tax distribution and the expenses for improvements at Innovation Park and Ignition Park, the city's dual- campus technology park. This fund receives a special state tax distribution. This fund also receives revenue from interest earned on the fund's cash balance. Funding can be used in Ignition Park to continue build-out and expand the infrastructure of that industrial park in the City of South Bend. As we move forward, we expect the majority of these funds will be used for the Technology Resource Center. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Certified Technology Park Redevelopment Funds Redevelopment Commission Controlled Funds 124 Fund Name Fund Number 454 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 6,000 904 4,598 3,115 - 1,402 77% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 6,000 904 4,598 3,115 - 1,402 77% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies 50,000 - - - - 50,000 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 50,000 - - - - 50,000 0% Capital - - - - - - 0% Total Expenditures 50,000 - - - - 50,000 0% Net (44,000) 904 4,598 3,115 (48,598) Cash Balance 398,141 389,742 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Explanation of Significant Spending on Capital Projects: This fund was originally established to account for expenditures for improvements in the Zone area, financed by property taxes on qualifying properties in the Zone. In the past, majority of revenue came from personal property taxes paid by AJ Wright. This fund has not received property tax revenue since 2013. Currently, this fund only receives revenue from interest earned on the fund's cash balance. This fund has been used in the past to pay for job training programs. Staff continue to work on developing eligible, viable program. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Airport Urban Enterprise Zone Redevelopment Funds Redevelopment Commission Controlled Funds 125 Fund Name Fund Number 754 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings - - - - - - 0% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income 227,680 24,849 134,869 85,279 - 92,811 59% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 227,680 24,849 134,869 85,279 - 92,811 59% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services 135,000 6,946 35,469 34,072 - 99,531 26% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges 22,000 902 17,330 4,254 - 4,670 79% Transfers Out - - - - - - 0% Total Services & Charges 157,000 7,848 52,799 38,326 - 104,201 34% Capital - - - - - - 0% Total Expenditures 157,000 7,848 52,799 38,326 - 104,201 34% Net 70,680 17,001 82,070 46,953 (11,390) Cash Balance 1,743,778 2,749,195 Fund Purpose: Accounting Methodology: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: The Industrial Revolving Fund is a loan fund for small businesses. It is governed by a separate Board of Directors which contracts with the City's Community Investment Department for administrative services. The fund is reported in the City's Comprehensive Annual Financial Report (CAFR) and was integrated into the City's formal accounting system 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. Expenses include legal costs, staff contract costs, and professional services necessary to properly oversee operations and review new and outstanding loans. This fund receives revenue from the repayments of small business loans. This fund also receives revenue from interest earned on the cash balance at the trustee bank. The accounting records are maintained in trustee bank accounts. This fund was established in 2017 to integrate this activity into the City's formal accounting system. Revenue and expenditures are one month in arrears because the City receives the trustee bank statements after the books are closed. Thus, changes are entered in the general ledger the following month. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Industrial Revolving Fund Redevelopment Funds City Funds 126 Fund Name Fund Number 315 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 19,000 2,372 12,107 8,352 - 6,893 64% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 19,000 2,372 12,107 8,352 - 6,893 64% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out 14,000 2,372 11,819 6,748 - 2,181 84% Total Services & Charges 14,000 2,372 11,819 6,748 - 2,181 84% Capital - - - - - - 0% Total Expenditures 14,000 2,372 11,819 6,748 - 2,181 84% Net 5,000 - 288 1,604 4,712 Cash Balance 1,040,462 1,040,462 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This is a debt service fund which exists only to satisfy debt service reserve requirements of the outstanding 2011 Airport Development Area TIF Redevelopment Authority bonds (debt schedule #6) for the airport taxable project. The debt service reserve will be used towards the last debt service payment due August 1, 2024. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Airport 2003 Debt Reserve Debt Service Funds Redevelopment Commission Controlled Funds This fund receives revenue from interest earned on the fund's cash balance. Interest earned on the fund balance is transferred out to River West TIF Fund 324. 127 Fund Name Fund Number 317 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 3,086 - 1,076 4,167 - 2,010 35% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 3,086 - 1,076 4,167 - 2,010 35% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out 527,518 - 527,517 - - 1 100% Total Services & Charges 527,518 - 527,517 - - 1 100% Capital - - - - - - 0% Total Expenditures 527,518 - 527,517 - - 1 100% Net (524,432) - (526,442) 4,167 2,009 Cash Balance - 521,358 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established in 2010 to collect reserve monies as stipulated in the 2010 Coveleski Stadium Recovery Zone Economic Development Bond covenants (debt schedule #81). The final bond debt service payment was January 15, 2019. The remaining cash balance in this fund will be transferred to the Professional Sports Development Area (PSDA) Fund (377) to be used for capital projects within the PSDA district. The fund only receives interest earnings revenue. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Coveleski Debt Service Reserve Debt Service Funds Redevelopment Commission Controlled Funds 128 Fund Name Fund Number 328 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 40,000 3,966 20,240 13,964 - 19,760 51% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 40,000 3,966 20,240 13,964 - 19,760 51% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out 20,000 3,966 19,760 11,281 - 240 99% Total Services & Charges 20,000 3,966 19,760 11,281 - 240 99% Capital - - - - - - 0% Total Expenditures 20,000 3,966 19,760 11,281 - 240 99% Net 20,000 - 481 2,682 19,520 Cash Balance 1,739,495 1,739,495 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This is a debt service fund which exists only to satisfy debt service reserve requirements of the outstanding 2011 South Bend Downtown Central Development Area TIF Redevelopment Authority bonds (debt schedule #5) for the Palais Royale project. The debt service reserve will be used towards the last debt service payment due August 1, 2024. City of South Bend, Indiana Monthly Financial Report June 30, 2019 SBCDA 2003 Debt Reserve Debt Service Funds Redevelopment Commission Controlled Funds This fund receives revenue from interest earned on the fund's cash balance. Interest earned on the fund balance is transferred out to River West TIF Fund 324. 129 Fund Name Fund Number 351 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 20,000 2,281 11,606 - - 8,394 58% Debt Proceeds - - - 993,495 - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In - - - - - - 0% Total Revenue 20,000 2,281 11,606 993,495 - 8,394 58% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal - - - - - - 0% Debt Service - Interest & Fees - - - - - - 0% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges - - - - - - 0% Capital - - - - - - 0% Total Expenditures - - - - - - 0% Net 20,000 2,281 11,606 993,495 8,394 Cash Balance 1,004,827 993,495 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Debt service payments are due on February 1 and August 1. The first debt service payment is due August 1, 2018 and the final payment is due February 1, 2033. The debt service reserve will be used towards the last debt service payment. This fund is used to hold the debt service reserve for the Redevelopment District Bonds, Series 2018 (debt schedule #169). The bonds were issued for the purpose of funding renovations and upgrades at Pulaski, Leeper, and Seitz Parks and improvements to the mixed use riverfront trail and other infrastructure improvements to park and recreation areas in or serving the River West Development Area. - The par amount of the Redevelopment District Bonds, Series 2018 was $11,995,000 with a premium of $96,103. The bonds were closed on April 25, 2018 with a net interest rate of 2.971%. The net proceeds after bond issuance costs were $11,818,495. $993,495 was deposited into this fund per the bond agreement. The remaining $10,825,000 was deposited into the 2018 TIF Park Bond Capital Fund 452 and will be used towards the approved capital projects (see Fund 452). - The debt service reserve fund is funded from bond proceeds in an amount equal to maximum annual principal and interest due on the bonds. If moneys in the reserve fund are used to pay principal and interest on the bonds, the balance will be restored from TIF revenues. At the time of issuance, $993,495 was deposited into this fund to be held as a reserve until the bonds are paid off. City of South Bend, Indiana Monthly Financial Report June 30, 2019 2018 TIF Park Bond Debt Service Debt Service Funds Redevelopment Commission Controlled Funds 130 Fund Name Fund Number 752 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 5,000 582 3,786 2,755 - 1,214 76% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In 2,869,500 - 1,432,378 1,680,500 - 1,437,122 50% Total Revenue 2,874,500 582 1,436,164 1,683,255 - 1,438,336 50% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Debt Service - Principal 1,725,000 320,000 1,015,000 1,230,000 - 710,000 59% Debt Service - Interest & Fees 1,136,269 36,806 575,684 603,859 - 560,585 51% Other Services & Charges - - - - - - 0% Transfers Out - - - 324,220 - - 0% Total Services & Charges 2,861,269 356,806 1,590,684 2,158,080 - 1,270,585 56% Capital - - - - - - 0% Total Expenditures 2,861,269 356,806 1,590,684 2,158,080 - 1,270,585 56% Net 13,231 (356,225) (154,520) (474,825) 167,751 Cash Balance 55,972 47,407 Fund Purpose: Accounting Methodology: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: 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 Redevelopment Authority is a separate legal entity that is recorded in the Comprehensive Annual Financial Report (CAFR). The accounting records are maintained in US Bank trustee accounts. This fund was established in 2017 to integrate this activity into the City's formal accounting system. Revenue and expenditures are one month in arrears because the City receives the trustee bank statements after the books are closed. Thus, changes are entered in the general ledger the following month. November and December activity are both posted in December. This fund accounts for the bi-annual debt service principal and interest payments of Redevelopment Authority debt. Current debt includes: - 2013 Century Center Special Tax Bonds Refunding 2008 - debt payments paid for by River West TIF Fund (324), final payment 5/1/26, (debt schedule #62) - 2015 Eddy Street Commons-Lease Rental Revenue Bonds Refunding 2008 - debt payments paid for by River East Residential TIF Fund (436), final payment 2/15/33, (debt schedule #54) 2018 - The 2001/2011 Century Center Refunding Bonds (debt schedule #7) were paid off. The final payment was 2/1/18. The remaining cash balance at the trustee bank ($324,170.83) was deposited into COIT Fund (404). The 2008/2015 Eddy Street Commons Refunding Bonds (debt schedule #54) were paid off early. The final payment was 2/15/18. The remaining cash balance at the trustee bank ($60.85) was deposited into the River East Residential TIF Fund (436). The South Bend Redevelopment Authority receives debt service payments from the City and passes them through to trustee banks and bondholders. This fund also receives revenue from interest earned on the cash balance at the trustee bank. City of South Bend, Indiana Monthly Financial Report June 30, 2019 South Bend Redevelopment Authority Debt Service Funds City Funds 131 Fund Name Fund Number 756 Fund Type Control Current Current Current Prior Amended Month Year to Date Year to Date Current Budget Percent of Budget Actual Actual Actual Encumbrances Balance Budget Revenue Property Taxes - - - - - - 0% Local Income Taxes - - - - - - 0% Intergov./ Shared Revenues - - - - - - 0% Intergov./ Grants - - - - - - 0% Licenses & Permits - - - - - - 0% Charges for Services - - - - - - 0% Fines, Forfeitures, and Fees - - - - - - 0% Interest Earnings 4,000 427 2,267 1,568 - 1,733 57% Debt Proceeds - - - - - - 0% Donations - - - - - - 0% Other Income - - - - - - 0% Interfund Allocation Reimb - - - - - - 0% Transfers In 1,715,500 - 857,500 856,500 - 858,000 50% Total Revenue 1,719,500 427 859,767 858,068 - 859,733 50% Expenditures Personnel Salaries & Wages - - - - - - 0% Fringe Benefits - - - - - - 0% Total Personnel - - - - - - 0% Supplies - - - - - - 0% Services & Charges Professional Services - - - - - - 0% Printing & Advertising - - - - - - 0% Utilities - - - - - - 0% Education & Training - - - - - - 0% Travel - - - - - - 0% Repairs & Maintenance - - - - - - 0% Other Interfund Allocations - - - - - - 0% Debt Service - Principal 970,000 - 480,000 465,000 - 490,000 49% Debt Service - Interest & Fees 741,369 - 375,434 389,534 - 365,935 51% Grants & Subsidies - - - - - - 0% Other Services & Charges - - - - - - 0% Transfers Out - - - - - - 0% Total Services & Charges 1,711,369 - 855,434 854,534 - 855,935 50% Capital - - - - - - 0% Total Expenditures 1,711,369 - 855,434 854,534 - 855,935 50% Net 8,131 427 4,332 3,533 3,798 Cash Balance 1,731,122 1,722,179 Fund Purpose: Accounting Methodology: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: 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 Smarts Streets project 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. The final payment is due February 1, 2037 (debt schedule #135). The debt service reserve amount will be used towards the last debt service payment. Capital expenditures of this bond are tracked in the Smart Streets Bond Capital Fund (753). The accounting records are maintained in US Bank trustee accounts. This fund was established in 2017 to integrate this activity into the City's formal accounting system. Revenue and expenditures are one month in arrears because the City receives the trustee bank statements after the books are closed. Thus, changes are entered in the general ledger the following month. November and December activity are both posted in December. City of South Bend, Indiana Monthly Financial Report June 30, 2019 Smart Streets Debt Service Debt Service Funds City Funds The River West TIF Fund (324) transfers money into this fund semi-annualy to cover debt service payments. The trustee bank receives the payments from the City and passes them through to the bondholders. This fund also receives revenue from interest earned on the cash balance at the trustee bank. 132