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2020-02 - Monthly Cash Report
Period Ending: Issued by: Page Number(s) Contents 2 Narrative 3 - 5 Controller's Cash Report 6 - 7 Cash Reserves Summary by Fund Status 8 - 9 Cash Trends - All Funds 10 Cash Trends - Enterprise Funds 11 Cash Trends - Redevelopment Funds 12 Cash Trends - Civil City Funds Distribution Mayor Chief of Staff Deputy Chief of Staff Common Council Department Heads Fiscal Officers February 29, 2020 Controller's Office City of South Bend Monthly Cash Report 2020-02 - Monthly Cash Report 1 Questions If you should have additional questions, please contact the Department of Administration & Finance by calling 311. Narrative Fiscal Responsibility The City’s management team is responsible for establishing and maintaining an internal control structure designed to ensure that the assets of the City are protected from loss, theft, or misuse and to ensure that adequate accounting data is compiled to allow for the preparation of financial statements in conformity with generally accepted accounting principles. Controller's Cash Report (pages 3-5) The Controller’s Cash Report is a monthly summary of cash and investment transactions within the current period by Fund. It summarizes the cash received, interest earned, cash disbursed, and cash transferred between Funds within the City of South Bend as well as any loans between Funds. The report provides a month-end view of the City’s cash balance in the reporting period. Cash Reserves Summary (pages 6-7) The purpose of the Cash Reserves Summary Report is keep track of whether the City's funds are meeting their cash reserve requirement. Cash reserve requirements are set for each fund by the City of South Bend or other governing body (e.g. bond counsel, Century Center Board of Managers). Cash Trends Summary (pages 9-12) The purpose of the Cash Trends Summary is to track trends in cash balances for the City of South Bend over an extended period of time, from January 1, 2007 through the present date. Charts and graphs for the cash balances are provided in four areas--total cash, enterprise fund cash, redevelopment fund cash, and civil city fund cash. Cash Reserve Requirements Cash reserve requirements are typically based on fund type. - Most City funds are assigned a cash reserve requirement of a percentage of the fund's annual expenditures. - The Rainy Day Fund 102 has a reserve requirement of 3% of the City's prior year operational expenditures, excluding one-time capital expenditures and interfund transfers. - Some funds have a set dollar amount as the reserve requirement, such as the Police Take Home Vehicle Fund 278 and the Century Center Capital Fund 671. - Capital project funds, grant funds, and bond capital funds do not have reserve requirements as they are spent down to zero. - The IT/Innovation/311 Call Center Fund 279 does not have a reserve requirement because it is an internal service fund, reimbursed by departments within other City funds. Its budgeted revenues are equal to its budgeted expenditures. - Debt service reserve funds are required to hold all reserves until the respective debt has been paid in full. The amount is often defined in bond covenants. Pooled Cash The City utilities pooled cash, the majority of the City's money being held in a single bank account. Although the money is in a single account, each fund retains ownership of its own cash. Any interest earned on the bank account is distributed amongst the funds based on each funds' cash balance. Trustee Cash The City also has cash maintained by trustees or escrow agents at financial institutions and expended upon the provision by the City of a proper claim form and invoice. These funds are typically for debt service payments, debt service reserves, or capital project expenditures. Changes in Cash Balance Property taxes are received in June and December of each year and this will cause the cash balances to fluctuate for total cash, redevelopment fund cash and civil city fund cash. Enterprise fund cash balances will fluctuate based on the receipt of bond proceeds and the spending down of cash on capital projects. Redevelopment fund cash accounts will vary based on capital spending on projects in tax increment financing (TIF) funds. Negative Cash Balances Due to the timing of revenue and expenditures, certain funds will not meet cash reserve requirements and may even have a negative cash balance at different times throughout the year. Although a fund has a negative cash balance, the City does not have negative cash overall. Pooled cash can cover those funds so necessary expenditures can be made even if revenues have not been received yet. Fund 224, 312, 701, and 702 have a negative cash balance. - The Central Services Capital Fund 224 receives interfund transfers from the Central Services Operating Fund 222 to support capital purchases. Funds will be transferred in March to cover capital purchases. - The 2017 Park Bond Debt Service Fund 312 receives property tax revenue in June and December, but still has to make a debt payments in January and July. When property tax revenue is received in December, this fund won't be negative. - The Firefighter's Pension Fund 701 and Police Pension Fund 702 haven't received reimbursement from the State yet, but still had to make payments to pensioners. Reimbursement is received in June and September. 2020-02 - Monthly Cash Report 2 City of South BendController's Cash ReportOpening Interest Transfers Transfers Ending Total Cash & Interfund LoansFund Fund Name Cash Balance Receipts Disbursements Earned In Out Cash Balance Investments Investments (Borrowing)City Controlled FundsGeneral Fund101 GENERAL FUND $41,541,008.00$1,661,088.91 $4,812,008.05$57,399.99$133,331.00$0.00 $38,580,819.85$0.00$38,580,819.85$0.00Special Revenue Funds102 RAINY DAY FUND 10,726,523.60 0.00 0.00 14,414.48 0.00 0.00 10,740,938.08 0.0010,740,938.080.00201 PARKS & RECREATION 2,513,951.86 198,309.32 1,133,870.03 3,904.77 66,667.00 0.00 1,648,962.92 0.001,648,962.920.00202 MOTOR VEHICLE HIGHWAY 4,478,159.97 232,300.20 642,612.73 6,076.61 369,812.00 0.00 4,443,736.05 0.004,443,736.050.00209 STUDEBAKER/OLIVER REVERTING GRANTS 905,783.74 0.00 11,289.78 1,232.19 0.00 0.00 895,726.15 0.00895,726.15100,000.00210 DEPT COMMUNITY INVESTMENT STATE GRANTS 78,020.94 0.00 4,881.75 95.11 0.00 0.00 73,234.30 0.0073,234.300.00211 DCI OPERATING FUND 992,805.94 37,579.00 221,237.46 1,230.40 190,742.00 0.00 1,001,119.88 0.001,001,119.880.00212 DEPARTMENT OF COMMUNITY INVESTMENT 331,858.14 114,098.92 140,463.45 227.44 0.00 0.00 305,721.05 0.00305,721.050.00216 POLICE STATE SEIZURES 238,168.59 0.00 0.00 320.06 0.00 0.00 238,488.65 0.00238,488.650.00217 GIFT, DONATION, BEQUEST 797,143.12 35,056.89 148,019.97 800.51 0.00 0.00 684,980.55 70,828.53755,809.080.00218 POLICE CURFEW VIOLATIONS 12,885.61 0.00 0.00 17.32 0.00 0.00 12,902.93 0.0012,902.930.00219 UNSAFE BUILDING 908,191.18 2,807.00 11,974.60 1,230.42 0.00 0.00 900,254.00 0.00900,254.000.00220 LAW ENFORCEMENT CONTINUING EDUCATION 413,720.74 13,696.44 6,021.33 565.37 0.00 0.00 421,961.22 0.00421,961.220.00221 RENTAL UNITS REGULATION 27,413.36 2,250.00 10,587.91 17.32 20,469.00 0.00 39,561.77 0.0039,561.770.00227 LOSS RECOVERY FUND 605,078.54 0.00 0.00 813.12 0.00 0.00 605,891.66 0.00605,891.660.00230 CODE ENFORCEMENT 52,399.92 32,259.25 254,557.97 2.27 301,634.00 0.00 131,737.47 0.00131,737.470.00249 PUBLIC SAFETY L.O.I.T. 3,298,593.81 730,527.50 677,262.90 3,919.85 0.00 0.00 3,355,778.26 0.003,355,778.260.00251 LOCAL ROADS & STREETS 5,365,236.70 156,932.87 40,567.73 7,016.53 0.00 0.00 5,488,618.37 0.005,488,618.370.00257 LOIT 2016 SPECIAL DISTRIBUTION 138,292.86 0.00 4,896.05 196.63 0.00 0.00 133,593.44 0.00133,593.440.00258 HUMAN RIGHTS - FEDERAL GRANT 507,188.36 0.00 19,004.84 689.87 0.00 0.00 488,873.39 0.00488,873.390.00265 LOCAL ROAD & BRIDGE GRANT 368,786.00 262,275.00 0.00 565.25 0.00 0.00 631,626.25 0.00631,626.250.00266 MVH RESTRICTED 883,266.11 209,700.84 17.40 885.24 0.00 0.00 1,093,834.79 0.001,093,834.790.00273 MORRIS PAC/PALAIS ROYALE MARKETING 73,490.96 599.00 0.00 98.11 0.00 0.00 74,188.07 0.0074,188.070.00274 MORRIS PAC SELF-PROMOTION 197,275.32 7,298.00 0.00 251.35 0.00 0.00 204,824.67 0.00204,824.670.00280 POLICE BLOCK GRANTS 4,092.15 0.00 0.00 5.50 0.00 0.00 4,097.65 0.004,097.650.00289 HAZMAT 27,629.45 0.00 0.00 37.13 0.00 0.00 27,666.58 0.0027,666.580.00291 INDIANA RIVER RESCUE 305,687.55 39,000.00 4,200.60 405.99 0.00 0.00 340,892.94 0.00340,892.940.00292 POLICE GRANTS 26,715.50 0.00 0.00 0.00 0.00 0.00 26,715.50 0.0026,715.500.00294 REGIONAL POLICE ACADEMY 123,254.89 3,850.00 371.14 160.13 0.00 0.00 126,893.88 0.00126,893.880.00295 COPS MORE GRANT 70,556.26 503.88 6,758.12 150.70 0.00 0.00 64,452.72 0.0064,452.720.00299 POLICE FEDERAL DRUG ENFORCEMENT 113,717.13 0.00 0.00 165.41 0.00 0.00 113,882.54 0.00113,882.540.00404 COUNTY OPTION INCOME TAX 12,045,554.59 1,071,731.22 539,630.91 16,634.56 0.00 530,124.00 12,064,165.46 0.0012,064,165.46420,253.20408 ECONOMIC DEVELOPMENT INCOME TAX 17,801,576.32 990,156.71 575,948.78 23,395.44 0.00 551,238.10 17,687,941.59 0.0017,687,941.590.00410 URBAN DEVELOPMENT ACTION GRANT (UDAG) 49,014.91 0.00 0.00 64.80 0.00 0.00 49,079.71 0.0049,079.71(420,253.20)655 PROJECT RELEAF 407,573.39 34,219.00 3,599.66 558.38 0.00 25,000.00 413,751.11 0.00413,751.110.00705 POLICE K-9 UNIT 2,393.67 0.00 0.00 3.22 0.00 0.00 2,396.89 0.002,396.890.00754 INDUSTRIAL REVOLVING FUND 2,078,332.97 6,252.41 1,046.41 17,894.11 0.00 0.00 2,101,433.08 0.002,101,433.080.00Total Special Revenue Funds66,970,334.154,181,403.454,458,821.52104,045.59949,324.001,106,362.1066,639,923.5770,828.5366,710,752.10100,000.00 Debt Service Fund312 2017 PARK BOND DEBT SERVICE(368,581.83)0.00 0.00 254.84 0.00 0.00(368,326.99)0.00(368,326.99)0.00350 2018 FIRE STATION #9 BOND DEBT SERVICE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000.000.00752 SB REDEVELOPMENT AUTHORITY 1,459,867.46 0.00 1,235,778.13 667.65 0.00 0.00 224,756.98 0.00224,756.980.00755 SB BUILDING CORPORATION 2,134,985.67 0.00 1,433,562.50 1,628.11 0.00 0.00 703,051.28 0.00703,051.280.00756 2015 SMARTS STREETS BOND DEBT SERVICE 2,593,121.76 0.00 854,234.38 297.80 0.00 0.00 1,739,185.18 0.001,739,185.180.00757 2015 PARKS BOND DEBT SERVICE 622,047.01 0.00 188,890.63 296.56 32,040.10 0.00 465,493.04 0.00465,493.040.00760 EDDY ST COMMONS BOND DEBT SERVICE 4,110,266.03 0.00 648,125.00 461.10 0.00 0.00 3,462,602.13 0.003,462,602.130.00Capital Project Funds287 FIRE DEPARTMENT CAPITAL 1,555,023.14 0.00 0.00 2,480.18 0.00 0.00 1,557,503.32 0.001,557,503.320.00401 COVELESKI STADIUM CAPITAL 25,835.82 0.00 0.00 34.72 0.00 0.00 25,870.54 0.0025,870.540.00406 CUMULATIVE CAPITAL DEVELOPMENT 140,679.15 0.00 26,958.47 296.44 0.00 0.00 114,017.12 0.00114,017.120.00407 CUMULATIVE CAPITAL IMPROVEMENT 667,530.27 0.00 0.00 924.14 0.00 20,833.00 647,621.41 0.00647,621.410.00412 MAJOR MOVES CONSTRUCTION 2,182,623.04 246,664.00 0.00 2,943.39 0.00 0.00 2,432,230.43 0.002,432,230.432,388,902.44416 MORRIS PERFORMING ARTS CENTER CAPITAL 351,127.90 7,298.00 9,189.30 503.90 0.00 0.00 349,740.50 0.00349,740.500.00450 PALAIS ROYALE HISTORIC PRESERVATION 75,396.17 1,296.65 0.00 118.19 0.00 0.00 76,811.01 0.0076,811.010.00Month of: February 20202020-02 - Monthly Cash Report3 City of South BendController's Cash ReportOpening Interest Transfers Transfers Ending Total Cash & Interfund LoansFund Fund Name Cash Balance Receipts Disbursements Earned In Out Cash Balance Investments Investments (Borrowing)Month of: February 2020451 2018 FIRE STATION #9 BOND CAPITAL 399,618.52 0.00 0.00 537.02 0.00 0.00 400,155.54 0.00400,155.540.00453 2018 ZOO BOND CAPITAL 121,023.22 0.00 10,493.30 92.25 0.00 0.00 110,622.17 0.00110,622.170.00471 2017 PARK BOND CAPITAL 8,948,084.04 0.00 45,035.81 12,113.17 0.00 0.00 8,915,161.40 0.008,915,161.400.00750 EQUIPMENT / VEHICLE LEASING 678,946.16 0.00 57,965.36 97.01 0.00 0.00 621,077.81 0.00621,077.810.00759 EDDY ST COMMONS BOND CAPITAL 2,832,969.27 0.00 0.00 3.27 0.00 0.00 2,832,972.54 0.002,832,972.540.00Total Capital & Debt Service Funds28,530,562.80255,258.654,510,232.8823,749.7432,040.1020,833.0024,310,545.41 0.0024,310,545.412,388,902.44Enterprise Funds288 EMS OPERATING 2,461,628.55 796.99 52,601.95 3,364.93 0.00 0.00 2,413,188.52 0.002,413,188.520.00600 CONSOLIDATED BUILDING FUND 2,228,801.40 86,357.32 121,916.68 3,061.15 0.00 0.00 2,196,303.19 0.002,196,303.190.00601 PARKING GARAGES 1,020,133.89 51,372.25 36,062.15 1,544.57 0.00 0.00 1,036,988.56 0.001,036,988.560.00610 SOLID WASTE OPERATIONS 344,007.48 402,762.52 346,584.74 571.15 0.00 150,000.00 250,756.41 0.00250,756.410.00611 SOLID WASTE CAPITAL 64,831.70 0.00 147,685.88 271.63 150,000.00 0.00 67,417.45 0.0067,417.450.00620 WATER WORKS OPERATIONS 4,116,207.33 1,687,258.29 1,460,718.47 5,049.98 6,025.57 423,337.00 3,930,485.70 0.003,930,485.700.00622 WATER WORKS CAPITAL 4,638,375.45 12,825.00 56,472.78 5,855.95 321,837.00 0.00 4,922,420.62 0.004,922,420.620.00624 WATER WORKS CUSTOMER DEPOSIT 1,284,534.85 11,114.84 10,107.30 1,724.98 0.00 1,724.98 1,285,542.39 0.001,285,542.390.00625 WATER WORKS SINKING FUND 386,959.84 0.00 500.00 405.60 101,500.00 405.60 487,959.84 0.00487,959.840.00626 WATER WORKS BOND RESERVE 1,427,124.25 0.00 0.00 1,913.61 0.00 0.00 1,429,037.86 0.001,429,037.860.00629 WATER WORKS RESERVE - O & M 2,912,652.40 0.00 0.00 3,894.99 0.00 3,894.99 2,912,652.40 0.002,912,652.400.00640 SEWER REPAIR INSURANCE 2,156,220.24 49,968.48 47,805.21 2,902.59 0.00 0.00 2,161,286.10 0.002,161,286.100.00641 SEWAGE WORKS OPERATIONS 16,664,459.70 2,781,162.49 2,097,119.75 22,027.42 8,025.91 7,911,000.00 9,467,555.77 0.009,467,555.770.00642 SEWAGE WORKS CAPITAL 9,441,824.23 30,915.00 9,093.88 12,448.01 7,911,000.00 0.00 17,387,093.36 0.0017,387,093.360.00643 SEWAGE WORKS RESERVE - O & M 5,550,801.29 0.00 0.00 7,459.26 0.00 7,459.26 5,550,801.29 0.005,550,801.290.00649 SEWAGE WORKS BOND SINKING 1,085,936.59 0.00 550.00 1,460.25 0.00 0.00 1,086,846.84 0.001,086,846.840.00653 SEWAGE WORKS DEBT SERVICE RESERVE 4,297,254.71 0.00 0.00 5,235.23 0.00 0.00 4,302,489.94 0.004,302,489.940.00654 SEWAGE WORKS DEPOSIT FUND 433,916.20 34,669.38 12,716.50 566.65 0.00 566.65 455,869.08 0.00455,869.080.00667 STORM SEWER FUND 193,565.97 80,677.26 4,210.05 211.44 0.00 0.00 270,244.62 0.00270,244.620.00670 CENTURY CENTER OPERATIONS 2,131,168.50 123,837.67 97,227.00 24.65 0.00 0.00 2,157,803.82 0.002,157,803.820.00671 CENTURY CENTER CAPITAL 982,513.12 0.00 0.00 778.79 0.00 0.00 983,291.91 0.00983,291.910.00672 CENTURY CENTER ENERGY SAVINGS 410,766.19 0.00 0.00 206.35 0.00 0.00 410,972.54 0.00410,972.540.00Total Enterprise Funds64,233,683.885,353,717.494,501,372.3480,979.188,498,388.488,498,388.4865,167,008.21 0.0065,167,008.210.00Internal Service Funds222 CENTRAL SERVICES OPERATIONS 1,523,206.17 1,099,738.47 1,090,961.57 1,436.27 0.00 0.00 1,533,419.34 0.001,533,419.340.00224 CENTRAL SERVICES CAPITAL(29,848.58)0.00 34,530.00 0.00 0.00 0.00(64,378.58)0.00(64,378.58)0.00226 LIABILITY INSURANCE 6,082,630.88 264,033.79 217,340.94 6,735.62 0.00 0.00 6,136,059.35 0.006,136,059.350.00278 TAKE HOME VEHICLE POLICE 725,104.39 360.00 682.50 974.11 0.00 0.00 725,756.00 0.00725,756.000.00279 IT / INNOVATION / 311 CALL CENTER 2,994,176.16 597,935.67 545,844.73 3,760.69 0.00 0.00 3,050,027.79 0.003,050,027.790.00711 SELF-FUNDED EMPLOYEE BENEFITS 9,060,894.90 1,402,956.20 1,166,668.62 12,918.09 0.00 0.00 9,310,100.57 0.009,310,100.570.00713 UNEMPLOYMENT COMP FUND 181,334.28 524.68 8,808.65 243.32 0.00 0.00 173,293.63 0.00173,293.630.00714 PARENTAL LEAVE FUND 44,424.52 18,583.90 4,115.85 52.17 0.00 0.00 58,944.74 0.0058,944.740.00Total Internal Service Funds20,581,922.723,384,132.71 3,068,952.8626,120.270.00 0.00 20,923,222.840.0020,923,222.840.00Trust & Agency Funds701 FIREFIGHTERS PENSION (22,535.31)0.00 355,947.93 421.19 0.00 0.00(378,062.05)0.00(378,062.05)0.00702 POLICE PENSION 185,563.01 0.00 534,681.39 894.57 0.00 0.00(348,223.81)0.00(348,223.81)0.00709 PAYROLL FUND 231.03 8,340,047.71 8,339,814.11 0.00 0.00 0.00 464.63 0.00464.630.00718 STATE TAX DEDUCTION FUND 292,691.50 282,599.68 292,691.50 0.00 0.00 0.00 282,599.68 0.00282,599.680.00725 MORRIS / PALAIS BOX OFFICE 2,940,499.27 612,681.52 0.00 0.00 0.00 0.00 3,553,180.79 0.003,553,180.790.00726 POLICE DISTRIBUTIONS PAYABLE 857,177.58 2,495.00 0.00 0.00 0.00 0.00 859,672.58 0.00859,672.580.00730 CITY CEMETERY 29,709.84 0.00 0.00 39.93 0.00 0.00 29,749.77 0.0029,749.770.00731 BOWMAN CEMETERY 467,371.25 0.00 0.00 628.06 0.00 0.00 467,999.31 0.00467,999.310.00Total Trust & Agency Funds4,750,708.179,237,823.91 9,523,134.931,983.750.00 0.00 4,467,380.900.004,467,380.900.00Total City Funds226,608,219.7224,073,425.1230,874,522.58294,278.529,613,083.589,625,583.58220,088,900.7870,828.53220,159,729.31 2,488,902.442020-02 - Monthly Cash Report4 City of South BendController's Cash ReportOpening Interest Transfers Transfers Ending Total Cash & Interfund LoansFund Fund Name Cash Balance Receipts Disbursements Earned In Out Cash Balance Investments Investments (Borrowing)Month of: February 2020Redevelopment Commission Controlled FundsTax Increment Financing Funds324 TIF - RIVER WEST 25,792,806.60 0.00 307,806.67 40,051.30 3,735.75 0.00 25,528,786.98 0.0025,528,786.98(100,000.00)422 TIF - WEST WASHINGTON 1,031,459.65 0.00 10,956.00 1,385.98 0.00 0.00 1,021,889.63 0.001,021,889.630.00429 TIF - RIVER EAST DEVELOPMENT (NE DEV) 7,692,388.41 0.00 6,260.71 10,836.88 0.00 0.00 7,696,964.58 0.007,696,964.580.00430 TIF - SOUTHSIDE DEVELOPMENT AREA #1 9,570,106.79 102,700.64 46,399.25 12,886.77 0.00 0.00 9,639,294.95 0.009,639,294.950.00435 TIF - DOUGLAS ROAD 173,640.20 0.00 0.00 245.52 0.00 0.00 173,885.72 0.00173,885.720.00436 TIF - RIVER EAST RESIDENTIAL (NE RE) 1,817,334.00 0.00 246,664.00 4,893.71 0.00 0.00 1,575,563.71 0.001,575,563.71(2,388,902.44)Total Tax Increment Financing Funds46,077,735.65102,700.64618,086.6370,300.163,735.750.00 45,636,385.570.0045,636,385.57(2,488,902.44)Redevelopment Funds433 REDEVELOPMENT GENERAL 1,447,360.09 731.25 28,619.17 1,966.07 12,500.00 0.00 1,433,938.24 0.001,433,938.240.00439 CERTIFIED TECHNOLOGY PARK 10,957.73 0.00 0.00 14.72 0.00 0.00 10,972.45 0.0010,972.450.00452 2018 TIF PARK BOND CAPITAL 4,054,854.90 0.00 224,665.73 5,456.39 0.00 0.00 3,835,645.56 0.003,835,645.560.00454 AIRPORT URBAN ENTERPRISE ZONE 403,488.58 0.00 0.00 542.21 0.00 0.00 404,030.79 0.00404,030.790.00Total Redevelopment Funds5,916,661.30731.25 253,284.907,979.3912,500.000.00 5,684,587.040.005,684,587.040.00Debt Service Funds 315 AIRPORT 2003 DEBT RESERVE 1,040,462.24 0.00 0.00 1,398.19 0.00 1,398.19 1,040,462.24 0.001,040,462.240.00328 SBCDA 2003 DEBT RESERVE 1,739,494.86 0.00 0.00 2,337.56 0.00 2,337.56 1,739,494.86 0.001,739,494.860.00351 2018 TIF PARK BOND DEBT SERVICE RESERVE 1,018,324.05 0.00 0.00 1,368.44 0.00 0.00 1,019,692.49 0.001,019,692.490.00352 SOUTH SHORE DOUBLE TRACKING BONDS 29,820.58 0.00 0.00 3.79 0.00 0.00 29,824.37 0.0029,824.370.00Total Debt Service Funds3,828,101.730.00 0.00 5,107.980.00 3,735.753,829,473.960.003,829,473.960.00Total Redevelopment Commission Funds55,822,498.68 103,431.89 871,371.53 83,387.53 16,235.75 3,735.75 55,150,446.57 0.00 55,150,446.57(2,488,902.44)City Operations Total282,430,718.4024,176,857.01 31,745,894.11 377,666.059,629,319.339,629,319.33275,239,347.3570,828.53275,310,175.880.00Memo ItemPooled Investment AccountOpening Interest Accrued Change in Transfer In Transfer out Investment Total Cash &Balance Net of Fees Income Asset Value from Depository to Depository Balance Investments1st Source Bank Investment Account185,575,805.50422,643.080.00 164,433.140.00 236,424.77185,926,456.95185,926,456.952020-02 - Monthly Cash Report5 City of South BendCash Reserves Summary by Fund Status Cash ActualFund Fund NameCash Outstanding Available Reserve % ofBalance Encumb. Cash Requirement Variance Budget Notes Cash Reserve PolicyUnder Reserve Requirement201 Parks & Recreation 1,648,963 956,182 692,781 4,006,377 (3,313,596) 4% Building back up reserves after capital spend in 201925% of Annual expenditures278 Take Home Vehicle Police 725,756 - 725,756 750,000 (24,244) 1452% Slightly under reserve requirementSet dollar amount of $750,000601 Parking Garages 1,036,989 629,956 407,032 414,889 (7,857) 25% Slightly under reserve requirement; High encumbrances25% of Annual expenditures610 Solid Waste Operations 250,756 996,606 (745,849) 609,152 (1,355,001) -12% Expenditures higher than revenues10% of Annual expenditures701 Firefighters Pension (378,062) - (378,062) 479,931 (857,993) -8% Pension payments received in June & Sept10% of Annual expenditures702 Police Pension (348,224) - (348,224) 624,141 (972,365) -6% Pension payments received in June & Sept10% of Annual expenditures2,936,178 2,582,744 353,434 6,884,490 (6,531,056) Meets or Exceeds Requirement101 General Fund 38,580,820 1,089,126 37,491,694 25,275,207 12,216,487 52% Property tax distribution received in June & Dec35% of Annual expenditures102 Rainy Day Fund 10,740,938 - 10,740,938 8,811,060 1,929,878 4%3% of total expenditures in previous fiscal year, excluding one-time capital expenditures202 Motor Vehicle Highway 4,443,736 620,071 3,823,665 2,310,044 1,513,621 41%25% of Annual expenditures211 DCI Administration Fund 1,001,120 263,978 737,142 350,068 387,074 21%10% of Annual expenditures216 Police State Seizures 238,489 31,753 206,736 19,250 187,486 268%25% of Annual expenditures218 Police Curfew Violations 12,903 - 12,903 250 12,653 1290%25% of Annual expenditures220 Law Enforcement Continuing Education 421,961 3,347 418,614 98,844 319,770 106%25% of Annual expenditures221 Rent Units Regulation 39,562 2,752 36,810 34,583 2,227 11%10% of Annual expenditures222 Central Services Operations 1,533,419 12,053 1,521,367 845,763 675,604 18%10% of Annual expenditures, excluding utility accounting226 Liability Insurance 6,136,059 241,858 5,894,201 2,134,077 3,760,124 138%50% of Annual expenditures249 Public Safety L.O.I.T. 3,355,778 - 3,355,778 716,044 2,639,734 37% 8% of Annual expenditures - one month reserve266 MVH Restricted 1,093,835 28,924 1,064,911 863,913 200,998 31%25% of Annual expenditures273 Morris PAC/Palais Royale Marketing 74,188 10,816 63,372 7,704 55,668 206%25% of Annual expenditures274 Morris PAC Self-Promotion 204,825 - 204,825 28,750 176,075 178%25% of Annual expenditures288 EMS Operating 2,413,189 14,275 2,398,914 456,015 1,942,899 132%25% of Annual expenditures289 HAZMAT 27,667 - 27,667 2,500 25,167 277%25% of Annual expenditures291 Indiana River Rescue 340,893 3,836 337,057 23,771 313,286 354%25% of Annual expenditures294 Regional Police Academy 126,894 - 126,894 5,625 121,269 564%25% of Annual expenditures299 Police Federal Drug Enforcement 113,883 - 113,883 12,750 101,133 223%25% of Annual expenditures315 Airport 2003 Debt Reserve 1,040,462 - 1,040,462 1,040,462 - 100%100% debt service reserve per bond covenants328 SBCDA 2003 Debt Reserve 1,739,495 - 1,739,495 1,739,495 - 100%100% debt service reserve per bond covenants351 2018 TIF Park Bond Debt Svc Reserve 1,019,692 - 1,019,692 1,019,692 - 100% 100% debt service reserve per bond covenants404 County Option Income Tax 12,064,165 3,503,882 8,560,283 8,094,122 466,161 53%50% of Annual expenditures408 Economic Development Income Tax 17,687,942 2,606,498 15,081,444 7,927,850 7,153,594 95%50% of Annual expenditures433 Redevelopment General 1,433,938 469,671 964,267 354,784 609,483 68%25% of Annual expenditures600 Consolidated Building Fund 2,196,303 259,558 1,936,745 501,357 1,435,388 97%25% of Annual expenditures620 Water Works Operations 3,930,486 1,405,885 2,524,600 1,169,837 1,354,763 11%5% of Annual expenditures624 Water Works Customer Deposit 1,285,542 - 1,285,542 1,285,542 - 100%100% cash reserves for customer deposits625 Water Works Sinking Fund 487,960 - 487,960 487,960 - 100%100% cash reserves per bond covenants626 Water Works Bond Reserve 1,429,038 - 1,429,038 1,429,038 - 100%100% cash reserves per bond covenants629 Water Works Reserve - O & M 2,912,652 - 2,912,652 2,907,791 4,861 17%16.67% of annual operating expenses in Fund 620, net of transfers640 Sewer Repair Insurance 2,161,286 310,000 1,851,286 185,589 1,665,697 249%25% of Annual expenditures641 Sewage Works Operations 9,467,556 4,234,628 5,232,928 2,385,805 2,847,123 11%5% of Annual expenditures643 Sewage Works Reserve - O & M 5,550,801 - 5,550,801 5,323,399 227,402 17% 16.67% of annual operating expenses in Fund 641, net of transfers649 Sewage Works Bond Sinking 1,086,847 - 1,086,847 1,086,847 - 100%100% cash reserves per bond covenants653 Sewage Works Debt Service Reserve 4,302,490 - 4,302,490 4,302,490 - 100%100% cash reserves per bond covenants654 Sewage Works Deposit Fund 455,869 - 455,869 455,869 - 100%100% cash reserves for customer deposits655 Project ReLeaf 413,751 - 413,751 108,365 305,386 95%25% of Annual expenditures667 Storm Sewer Fund 270,245 21,094 249,150 217,933 31,217 29%25% of Annual expenditures670 Century Center Operations 2,157,804 26,809 2,130,995 1,258,975 872,020 42%25% of Annual expenditures671 Century Center Capital 983,292 - 983,292 800,000 183,292 4916%$800,000 Minimum per Board of Managers711 Self-Funded Employee Benefits 9,310,101 906,512 8,403,589 4,627,133 3,776,456 45%25% of Annual expenditures713 Unemployment Comp Fund 173,294 - 173,294 13,750 159,544 315%25% of Annual expenditures714 Parental Leave Fund 58,945 - 58,945 20,308 38,637 23%8% of Annual expenditures - one month reserve718 State Tax Withholding Fund 282,600 - 282,600 282,600 - 100%100% cash reserves - trust & agency funds725 Morris / Palais Box Office 3,553,181 - 3,553,181 3,553,181 - 100%100% cash reserves - trust & agency funds726 Police Distributions Payable 859,673 - 859,673 859,673 - 100%100% cash reserves - trust & agency funds730 City Cemetery 29,750 - 29,750 5,000 24,750 149%25% of Annual expenditures731 Bowman Cemetery 467,999 - 467,999 400,000 67,999 100%$400,000 minimumFebruary 29, 20202020-02 - Monthly Cash Report6 City of South BendCash Reserves Summary by Fund Status Cash ActualFund Fund NameCash Outstanding Available Reserve % ofBalance Encumb. Cash Requirement Variance Budget Notes Cash Reserve PolicyFebruary 29, 2020752 South Bend Redevelopment Authority 224,757 - 224,757 224,757 - 100%100% cash reserves per bond covenants755 South Bend Building Corporation 703,051 - 703,051 703,051 - 100%100% cash reserves per bond covenants756 2015 Smart Streets Bond Service Fund 1,739,185 - 1,739,185 1,739,185 - 100%100% cash reserves per bond covenants757 2015 Parks Bond Debt Service 465,493 - 465,493 465,493 - 100%100% cash reserves per bond covenants760 Eddy St Commons Bond Debt Service 3,462,602 - 3,462,602 2,500,000 962,602 249%$2,500,000 minimum166,308,404 16,067,325 150,241,079 101,473,551 48,767,528 No Reserve Requirement209 Studebaker/Oliver Revitalizing Grants 895,726 812,781 82,945 - 82,945 100%No reserve requirement - Grant fund - spend down to zero210 DCI State Grants 73,234 90,218 (16,983) - (16,983) 100% To be reimbursed by grant receiptsNo reserve requirement - Grant fund - spend down to zero212 DCI Federal Grants 305,721 2,143,298 (1,837,577) - (1,837,577) 100% To be reimbursed by grant receiptsNo reserve requirement - Grant fund - spend down to zero217 Gift, Donation, Bequest755,809 227,853 527,956 - 527,956 100%No reserve requirement219 Unsafe Building 900,254 26,027 874,227 - 874,227 100%No reserve requirement224 Central Services Capital(64,379) 67,370 (131,748) - (131,748) 100% To receive interfund transfer from Fund 222No reserve requirement - Capital fund - spend down to zero227 Loss Recovery Fund 605,892 200,000 405,892 - 405,892 100%No reserve requirement230 Code Enforcement 131,737 91,975 39,763 - 39,763 100% Reimbursed through interfund transfers from Fund 408No reserve requirement251 Local Roads & Streets 5,488,618 2,712,723 2,775,896 - 2,775,896 100%No reserve requirement - Capital fund - spend down to zero257 LOIT 2016 Special Distribution 133,593 125,068 8,526 - 8,526 100%No reserve requirement - One-time distribution - spend down to zero258 Human Rights - Federal Grant 488,873 42,094 446,780 - 446,780 100%No reserve requirement - Grant fund - spend down to zero265 Local Road & Bridge Grant 631,626 909,034 (277,407) - (277,407) 100%No reserve requirement - Grant fund - spend down to zero279 IT / Innovation / 311 Call Center 3,050,028 2,550,165 499,863 - 499,863 100% Reimbursed through interfund allocationNo reserve requirement280 Police Block Grants 4,098 - 4,098 - 4,098 100%No reserve requirement - Grant fund - spend down to zero287 Fire Department Capital 1,557,503 1,353,413 204,091 - 204,091 100%No reserve requirement - Capital fund - spend down to zero292 Police Grants 26,716 - 26,716 - 26,716 100%No reserve requirement - Grant fund - spend down to zero295 COPS MORE Grant 64,453 161,043 (96,591) - (96,591) 100% To be reimbursed by grant receiptsNo reserve requirement - Grant fund - spend down to zero312 2017 Park Bond Debt Service(368,327) - (368,327) - (368,327) 100% Property tax distribution received in June & DecNo reserve requirement324 TIF - River West TIF (Airport) 25,528,787 5,148,447 20,380,340 - 20,380,340 100% Property tax distribution received in June & DecNo reserve requirement350 2018 Fire Station #9 Bond Debt Service - - - - - 100% Receives transfers from Fund 287 for debt svc pmtsNo reserve requirement352 South Shore Double Tracking Debt Service29,824 - 29,824 - 29,824 100%No reserve requirement401 Coveleski Stadium Capital 25,871 14,353 11,518 - 11,518 100%No reserve requirement - Capital fund - spend down to zero406 Cumulative Capital Development 114,017 14,389 99,629 - 99,629 100% Property tax distribution received in June & DecNo reserve requirement - Capital fund - spend down to zero407 Cumulative Capital Improvement 647,621 - 647,621 - 647,621 100%No reserve requirement - Capital fund - spend down to zero410 Urban Develop Action Grant (UDAG) 49,080 - 49,080 - 49,080 100%No reserve requirement - Grant fund - spend down to zero412 Major Moves Construction 2,432,230 314,669 2,117,561 - 2,117,561 100%No reserve requirement - Capital fund - spend down to zero416 Morris Performing Arts Center Capital 349,741 335,198 14,542 - 14,542 100%No reserve requirement422 TIF - West Washington 1,021,890 384,732 637,158 - 637,158 100% Property tax distribution received in June & DecNo reserve requirement429 TIF - River East Devevelopment 7,696,965 4,248,367 3,448,598 - 3,448,598 100% Property tax distribution received in June & DecNo reserve requirement430 TIF - Southside Development Area #1 9,639,295 158,214 9,481,081 - 9,481,081 100% Property tax distribution received in June & DecNo reserve requirement435 TIF - Douglas Road 173,886 52,418 121,468 - 121,468 100% Property tax distribution received in June & DecNo reserve requirement436 TIF - River East Residential 1,575,564 - 1,575,564 - 1,575,564 100% Property tax distribution received in June & DecNo reserve requirement439 Certified Technology Park 10,972 752 10,221 - 10,221 100%No reserve requirement450 Palais Royale Historic Preservation 76,811 - 76,811 - 76,811 100%No reserve requirement451 2018 Fire Station #9 Bond Capital 400,156 26,471 373,685 - 373,685 100%No reserve requirement - Bond capital fund - spend down to zero452 2018 TIF Park Bond Capital 3,835,646 974,824 2,860,821 - 2,860,821 100%No reserve requirement - Bond capital fund - spend down to zero453 2018 Zoo Bond Capital 110,622 - 110,622 - 110,622 100%No reserve requirement - Bond capital fund - spend down to zero454 Airport Urban Enterprise Zone 404,031 - 404,031 - 404,031 100%No reserve requirement471 2017 Park Bond Capital 8,915,161 1,309,416 7,605,745 - 7,605,745 100%No reserve requirement - Bond capital fund - spend down to zero611 Solid Waste Capital 67,417 94,000 (26,583) - (26,583) 100% Receives transfers from Fund 610 as neededNo reserve requirement - Capital fund - spend down to zero622 Water Works Capital 4,922,421 590,670 4,331,750 - 4,331,750 100%No reserve requirement - Capital fund - spend down to zero642 Sewage Works Capital 17,387,093 5,693,936 11,693,157 - 11,693,157 100% Receives transfers from Fund 641 as neededNo reserve requirement - Capital fund - spend down to zero672 Century Center Energy Savings 410,973 - 410,973 - 410,973 100%No reserve requirement705 Police K-9 Unit 2,397 - 2,397 - 2,397 100%No reserve requirement709 Payroll Fund 465 - 465 - 465 100%No reserve requirement - clearing fund750 Equipment/Vehicle Leasing 621,078 - 621,078 - 621,078 100% No reserve requirement - Capital lease fund - spend down to zero754 Industrial Revolving Fund 2,101,433 - 2,101,433 - 2,101,433 100%No City reserve requirement; there are program requirements759 Eddy St Commons Bond Capital 2,832,973 - 2,832,973 - 2,832,973 100%No reserve requirement - Bond capital fund - spend down to zero106,065,594 30,873,915 75,191,683 - 75,191,683 City Operations Total 275,310,176 49,523,984 225,786,196 108,358,041 117,428,155 Note: Available Cash is a Fund's cash balance minus any outstanding encumbrances2020-02 - Monthly Cash Report7 January 1, 2007 - February 29, 2020 $329,782,565 6/30/2018 $122,056,198 5/31/2007 $218,991,340 -- $285,144,608 -- Enterprise Redevelopment Civil City Enterprise Redevelopment Civil City Date Total Cash Funds Funds Funds Date Total Cash Funds Funds Funds 01/01/07 153,934,542.58 28,657,187.47 40,101,775.51 85,175,579.60 03/31/11 204,406,098.50 46,555,428.08 52,439,712.97 105,410,957.45 01/31/07 140,751,745.07 30,058,091.08 37,204,941.29 73,488,712.70 04/30/11 196,890,904.95 46,284,639.10 51,775,206.12 98,831,059.73 02/28/07 134,780,141.52 30,099,578.04 42,400,991.27 62,279,572.21 05/31/11 187,084,917.40 45,692,919.82 45,543,075.85 95,848,921.73 03/31/07 130,695,124.81 30,984,947.93 36,322,464.80 63,387,712.08 06/30/11 230,633,979.38 46,029,921.56 57,605,720.29 126,998,337.53 04/30/07 123,592,524.20 29,218,887.63 36,374,308.24 57,999,328.33 07/31/11 215,737,687.08 45,556,018.39 51,845,520.23 118,336,148.46 05/31/07 122,056,197.59 32,424,086.65 36,579,224.31 53,052,886.63 08/31/11 208,031,597.26 45,688,053.72 49,085,008.00 113,258,535.54 06/30/07 153,755,514.81 48,699,567.31 35,914,061.41 69,141,886.09 09/30/11 203,800,576.60 46,330,287.44 47,073,543.39 110,396,745.77 07/31/07 137,115,793.85 48,096,309.22 33,046,039.94 55,973,444.69 10/31/11 218,059,539.64 67,040,484.39 44,750,523.17 106,268,532.08 08/31/07 135,817,993.03 47,662,427.04 31,416,991.60 56,738,574.39 11/30/11 207,257,743.68 61,691,017.04 41,844,406.42 103,722,320.22 09/30/07 130,647,671.00 45,360,303.16 30,955,278.22 54,332,089.62 12/31/11 231,757,444.75 58,173,399.01 51,201,636.39 122,382,409.35 10/31/07 139,006,258.42 46,717,357.10 29,953,285.20 62,335,616.12 01/31/12 216,528,714.30 59,207,692.55 44,464,972.65 112,856,049.10 11/30/07 149,006,468.44 41,716,114.28 29,049,190.99 78,241,163.17 02/29/12 210,660,777.01 59,272,665.18 43,124,396.97 108,263,714.86 12/31/07 191,315,373.73 55,204,053.77 43,118,912.28 92,992,407.68 03/31/12 204,985,024.71 59,768,182.49 40,875,506.16 104,341,336.06 01/31/08 178,454,459.92 56,114,335.03 41,405,052.40 80,935,072.49 04/30/12 202,396,668.08 60,202,795.65 39,972,677.94 102,221,194.49 02/29/08 175,025,158.07 54,575,012.50 40,635,068.99 79,815,076.58 05/31/12 194,807,225.14 59,123,171.41 37,283,464.71 98,400,589.02 03/31/08 170,888,981.29 54,575,272.95 40,558,124.18 75,755,584.16 06/30/12 244,718,879.49 67,140,754.63 48,308,618.33 129,269,506.53 04/30/08 165,390,558.53 54,929,047.02 40,290,091.29 70,171,420.22 07/31/12 230,268,324.98 67,955,663.74 43,597,429.86 118,715,231.38 05/31/08 156,964,559.54 53,052,472.03 40,210,711.69 63,701,375.82 08/31/12 223,526,459.82 67,464,201.30 41,355,817.62 114,706,440.90 06/30/08 167,363,776.09 53,204,418.10 39,857,987.53 74,301,370.46 09/30/12 223,261,928.97 65,732,654.52 40,654,565.67 116,874,708.78 07/31/08 171,036,661.63 54,533,563.28 39,145,712.40 77,357,385.95 10/31/12 214,815,908.26 66,270,486.67 38,605,222.83 109,940,198.76 08/31/08 163,938,453.44 54,251,216.99 36,074,455.00 73,612,781.45 11/30/12 203,844,116.85 59,658,568.60 37,090,958.24 107,094,590.01 09/30/08 160,071,575.14 53,272,451.68 35,928,266.53 70,870,856.93 12/31/12 255,285,203.18 82,506,887.41 47,393,846.15 125,384,469.62 10/31/08 164,801,788.81 68,706,036.43 34,674,631.21 61,421,121.17 01/31/13 247,853,896.56 83,296,821.86 45,144,294.34 119,412,780.36 11/30/08 148,390,201.07 54,077,562.73 33,382,904.90 60,929,733.44 02/28/13 237,222,593.71 82,484,393.54 41,364,435.41 113,373,764.76 12/31/08 140,621,861.88 44,639,804.67 28,608,922.65 67,373,134.56 03/31/13 232,080,046.72 82,950,715.18 41,430,811.51 107,698,520.03 01/31/09 129,082,048.94 45,793,529.09 26,731,148.85 56,557,371.00 04/30/13 226,442,650.85 80,568,512.43 42,438,979.52 103,435,158.90 02/28/09 136,587,197.92 46,941,062.25 28,199,966.51 61,446,169.16 05/31/13 220,102,647.01 79,672,318.05 42,077,874.12 98,352,454.84 03/31/09 150,350,125.92 47,265,006.09 27,482,787.81 75,602,332.02 06/30/13 259,848,268.81 79,520,360.08 55,157,971.58 125,169,937.15 04/30/09 156,355,774.87 48,061,985.20 38,905,572.01 69,388,217.66 07/31/13 252,445,699.79 79,867,774.82 51,147,079.40 121,430,845.57 05/31/09 154,015,638.43 46,623,111.00 38,656,758.39 68,735,769.04 08/31/13 242,038,208.31 79,782,901.50 48,231,381.91 114,023,924.90 06/30/09 145,255,362.21 46,662,615.02 36,003,705.47 62,589,041.72 09/30/13 242,325,305.67 79,940,103.15 47,344,717.04 115,040,485.48 07/31/09 151,028,950.92 45,609,990.75 39,288,192.08 66,130,768.09 10/31/13 235,335,719.18 79,663,547.72 45,849,747.51 109,822,423.95 08/31/09 154,754,067.65 44,700,623.82 38,981,480.90 71,071,962.93 11/30/13 222,610,337.19 72,524,668.50 45,831,055.40 104,254,613.29 09/30/09 153,379,153.77 44,771,129.93 38,365,267.66 70,242,756.18 12/31/13 247,349,777.30 67,716,137.82 55,315,510.06 124,318,129.42 10/31/09 150,364,096.50 44,855,908.07 36,749,933.72 68,758,254.71 01/31/14 232,044,399.72 66,889,990.77 50,898,242.66 114,256,166.29 11/30/09 144,010,184.05 44,458,186.54 35,847,660.55 63,704,336.96 02/28/14 227,156,115.52 67,566,543.96 49,986,290.38 109,603,281.18 12/31/09 188,453,001.03 36,891,179.40 34,358,243.89 117,203,577.74 03/31/14 222,046,327.82 68,633,684.73 49,028,261.04 104,384,382.05 01/31/10 196,099,529.93 37,726,300.40 53,534,937.83 104,838,291.70 04/30/14 214,783,605.41 68,960,383.93 47,281,387.13 98,541,834.35 02/28/10 194,663,355.99 36,982,623.93 52,816,628.95 104,864,103.11 05/31/14 209,324,809.29 67,425,749.33 46,795,213.96 95,103,846.00 03/31/10 197,907,655.27 41,475,717.35 52,577,148.25 103,854,789.67 06/30/14 251,700,644.00 67,697,981.00 61,118,881.00 122,883,782.00 04/30/10 190,430,003.35 40,478,357.60 51,768,568.42 98,183,077.33 07/31/14 238,781,403.03 68,611,865.99 56,842,280.86 113,327,256.18 05/31/10 201,229,420.61 38,739,522.56 50,881,687.36 111,608,210.69 08/31/14 234,086,687.41 68,747,483.87 55,735,447.17 109,603,756.37 06/30/10 230,557,975.59 39,738,881.62 62,539,377.78 128,279,716.19 09/30/14 233,595,370.44 69,430,344.98 54,889,194.46 109,275,831.00 07/31/10 217,064,522.90 42,020,069.17 55,401,804.58 119,642,649.15 10/31/14 225,913,486.47 70,431,027.92 54,196,891.83 101,285,566.72 08/31/10 210,387,480.23 40,331,826.60 53,423,401.23 116,632,252.40 11/30/14 216,583,420.38 64,909,392.12 54,554,819.33 97,119,208.93 09/30/10 211,494,373.45 40,245,656.32 52,832,007.68 118,416,709.45 12/31/14 239,808,095.03 61,623,499.90 65,903,128.76 112,281,466.37 10/31/10 204,642,650.38 39,984,803.80 51,745,774.22 112,912,072.36 01/31/15 225,471,264.56 61,585,040.94 60,387,162.56 103,499,061.06 11/30/10 198,782,418.22 35,695,100.47 49,573,730.89 113,513,586.86 02/28/15 221,854,105.82 63,269,776.69 58,990,110.88 99,594,218.25 12/31/10 227,739,252.18 41,300,042.16 65,164,721.07 121,274,488.95 03/31/15 215,278,052.12 64,288,370.38 58,654,868.03 92,334,813.71 01/31/11 214,107,834.98 42,918,366.28 57,392,911.65 113,796,557.05 04/30/15 213,330,317.66 65,430,174.18 57,972,838.77 89,927,304.71 02/28/11 208,263,626.92 44,793,554.36 53,822,791.88 109,647,280.68 05/31/15 209,379,494.75 65,714,228.05 57,630,884.95 86,034,381.75 Note: Property tax distributions are received in June and December. City of South Bend Cash Balances - All Funds Maximum Total Cash Minimum Total Cash Average Cash Average - last 12 months $0 $50,000,000 $100,000,000 $150,000,000 $200,000,000 $250,000,000 $300,000,000 $350,000,000 2020-02 - Monthly Cash Report 8 January 1, 2007 - February 29, 2020 City of South Bend Cash Balances - All Funds Enterprise Redevelopment Civil City Enterprise Redevelopment Civil City Date Total Cash Funds Funds Funds Date Total Cash Funds Funds Funds 06/30/15 249,603,497.41 68,746,632.56 70,642,566.10 110,214,298.75 05/31/19 267,228,987.30 65,258,811.69 53,673,044.13 148,297,131.48 07/31/15 236,381,857.01 70,884,051.33 65,048,413.67 100,449,392.01 06/30/19 313,696,930.90 65,359,551.38 68,360,737.05 179,976,642.47 08/31/15 228,483,356.31 72,023,119.13 61,042,169.83 95,418,067.35 07/31/19 297,845,949.69 67,151,539.38 61,596,350.52 169,098,059.79 09/30/15 234,514,964.30 75,617,268.98 59,936,471.64 98,961,223.68 08/31/19 294,938,151.21 68,160,947.96 60,712,190.84 166,065,012.41 10/31/15 230,114,056.20 77,155,814.42 56,339,743.69 96,618,498.09 09/30/19 290,033,105.17 70,855,493.40 56,360,982.88 162,816,628.89 11/30/15 222,277,823.00 75,987,100.36 54,715,027.81 91,575,694.83 10/31/19 280,029,157.59 71,823,087.19 54,434,324.03 153,771,746.37 12/31/15 228,782,505.24 64,215,673.59 61,194,710.47 103,372,121.18 11/30/19 258,487,347.42 63,466,347.56 53,127,541.62 141,893,458.24 01/31/16 217,346,607.43 65,062,377.54 55,690,681.11 96,593,548.78 12/31/19 290,040,997.99 63,959,687.87 63,366,015.29 162,715,294.83 02/29/16 213,873,714.80 67,564,110.56 53,548,676.30 92,760,927.94 01/31/20 282,430,718.40 65,788,707.02 55,822,498.68 160,819,512.70 03/31/16 211,205,005.30 69,211,164.87 53,434,486.66 88,559,353.77 02/29/20 275,310,175.88 65,167,008.21 55,150,446.57 154,992,721.10 04/30/16 207,587,385.26 69,616,174.97 51,317,725.09 86,653,485.20 05/31/16 206,530,605.82 69,399,868.04 50,296,085.76 86,834,652.02 06/30/16 249,745,397.89 68,720,691.90 64,433,239.06 116,591,466.93 07/31/16 236,139,560.82 69,227,392.30 58,518,600.58 121,999,405.01 08/31/16 229,469,472.57 67,673,880.42 55,966,718.35 105,828,873.80 09/30/16 231,252,737.44 69,398,336.63 55,065,472.04 106,788,928.77 10/31/16 224,757,043.80 68,809,369.21 52,059,580.89 103,888,093.70 11/30/16 210,677,437.29 61,451,803.84 51,222,578.99 98,003,054.46 12/31/16 234,529,325.24 58,486,210.11 60,406,691.98 115,636,423.15 01/31/17 237,205,923.15 58,517,537.99 54,709,591.50 123,978,793.66 02/28/17 242,890,155.89 60,687,347.41 60,693,512.64 121,509,295.84 03/31/17 233,258,187.04 62,502,426.31 54,200,785.07 116,554,975.66 04/30/17 227,611,544.94 63,062,862.44 53,618,489.08 110,930,193.42 05/31/17 222,671,842.56 62,923,609.40 50,870,962.23 108,877,270.93 06/30/17 264,329,452.56 62,218,464.08 64,818,554.92 137,292,433.56 07/31/17 254,200,729.74 63,518,960.13 59,955,849.53 130,725,920.08 08/31/17 252,059,534.11 64,818,240.75 60,726,084.24 126,515,209.12 09/30/17 277,635,581.14 66,236,471.94 57,532,562.70 153,866,546.50 10/31/17 269,348,596.25 66,667,885.35 55,546,746.25 147,133,964.65 11/30/17 258,560,219.00 59,754,036.10 55,251,426.66 143,554,756.24 12/31/17 291,289,923.15 57,620,088.62 65,818,514.83 167,851,319.70 01/31/18 282,785,943.66 59,858,871.62 60,435,599.30 162,491,472.74 02/28/18 276,155,955.04 58,423,954.94 58,919,560.09 158,812,440.01 03/31/18 274,783,580.98 60,255,912.54 56,967,800.25 157,559,868.19 04/30/18 280,256,559.54 61,537,542.97 70,308,595.71 148,410,420.86 05/31/18 280,820,481.43 62,676,079.74 69,433,440.38 148,710,961.31 06/30/18 329,782,564.72 62,779,584.12 81,992,642.55 185,010,338.05 07/31/18 317,008,229.34 64,079,751.06 78,753,842.27 174,174,636.01 08/31/18 308,391,385.21 65,896,576.77 73,401,834.82 169,092,973.62 09/30/18 306,023,826.98 67,628,081.52 70,934,670.78 167,461,074.68 10/31/18 297,350,750.07 70,191,910.88 58,183,703.49 168,975,135.70 11/30/18 282,111,836.71 62,080,096.93 57,701,465.11 162,330,274.67 12/31/18 309,811,785.05 63,399,519.22 66,695,748.11 179,716,517.72 01/31/19 292,787,503.35 61,984,035.31 59,597,388.81 171,206,079.23 02/28/19 290,154,850.97 62,312,317.89 60,283,680.41 167,558,852.67 03/31/19 282,250,506.35 65,067,673.27 57,633,297.22 159,549,535.86 04/30/19 276,790,123.45 65,875,626.86 55,133,997.10 155,780,499.49 2020-02 - Monthly Cash Report 9 $83,296,822 1/31/2013 $28,657,187 1/1/2007 $58,976,495 -- $66,494,540 -- Date Cash Date Cash Date Cash 01/01/07 28,657,187.47 08/31/11 45,688,053.72 04/30/16 69,616,174.97 01/31/07 30,058,091.08 09/30/11 46,330,287.44 05/31/16 69,399,868.04 02/28/07 30,099,578.04 10/31/11 67,040,484.39 06/30/16 68,720,691.90 03/31/07 30,984,947.93 11/30/11 61,691,017.04 07/31/16 69,227,392.30 04/30/07 29,218,887.63 12/31/11 58,173,399.01 08/31/16 67,673,880.42 05/31/07 32,424,086.65 01/31/12 59,207,692.55 09/30/16 69,398,336.63 06/30/07 48,699,567.31 02/29/12 59,272,665.18 10/31/16 68,809,369.21 07/31/07 48,096,309.22 03/31/12 59,768,182.49 11/30/16 61,451,803.84 08/31/07 47,662,427.04 04/30/12 60,202,795.65 12/31/16 58,486,210.11 09/30/07 45,360,303.16 05/31/12 59,123,171.41 01/31/17 58,517,537.99 10/31/07 46,717,357.10 06/30/12 67,140,754.63 02/28/17 60,687,347.41 11/30/07 41,716,114.28 07/31/12 67,955,663.74 03/31/17 62,502,426.31 12/31/07 55,204,053.77 08/31/12 67,464,201.30 04/30/17 63,062,862.44 01/31/08 56,114,335.03 09/30/12 65,732,654.52 05/31/17 62,923,609.40 02/29/08 54,575,012.50 10/31/12 66,270,486.67 06/30/17 62,218,464.08 03/31/08 54,575,272.95 11/30/12 59,658,568.60 07/31/17 63,518,960.13 04/30/08 54,929,047.02 12/31/12 82,506,887.41 08/31/17 64,818,240.75 05/31/08 53,052,472.03 01/31/13 83,296,821.86 09/30/17 66,236,471.94 06/30/08 53,204,418.10 02/28/13 82,484,393.54 10/31/17 66,667,885.35 07/31/08 54,533,563.28 03/31/13 82,950,715.18 11/30/17 59,754,036.10 08/31/08 54,251,216.99 04/30/13 80,568,512.43 12/31/17 57,620,088.62 09/30/08 53,272,451.68 05/31/13 79,672,318.05 01/31/18 59,858,871.62 10/31/08 68,706,036.43 06/30/13 79,520,360.08 02/28/18 58,423,954.94 11/30/08 54,077,562.73 07/31/13 79,867,774.82 03/31/18 60,255,912.54 12/31/08 44,639,804.67 08/31/13 79,782,901.50 04/30/18 61,537,542.97 01/31/09 45,793,529.09 09/30/13 79,940,103.15 05/31/18 62,676,079.74 02/28/09 46,941,062.25 10/31/13 79,663,547.72 06/30/18 62,779,584.12 03/31/09 47,265,006.09 11/30/13 72,524,668.50 07/31/18 64,079,751.06 04/30/09 48,061,985.20 12/31/13 67,716,137.82 08/31/18 65,896,576.77 05/31/09 46,623,111.00 01/31/14 66,889,990.77 09/30/18 67,628,081.52 06/30/09 46,662,615.02 02/28/14 67,566,543.96 10/31/18 70,191,910.88 07/31/09 45,609,990.75 03/31/14 68,633,684.73 11/30/18 62,080,096.93 08/31/09 44,700,623.82 04/30/14 68,960,383.93 12/31/18 63,399,519.22 09/30/09 44,771,129.93 05/31/14 67,425,749.33 01/31/19 61,984,035.31 10/31/09 44,855,908.07 06/30/14 67,697,981.00 02/28/19 62,312,317.89 11/30/09 44,458,186.54 07/31/14 68,611,865.99 03/31/19 65,067,673.27 12/31/09 36,891,179.40 08/31/14 68,747,483.87 04/30/19 65,875,626.86 01/31/10 37,726,300.40 09/30/14 69,430,344.98 05/31/19 65,258,811.69 02/28/10 36,982,623.93 10/31/14 70,431,027.92 06/30/19 65,359,551.38 03/31/10 41,475,717.35 11/30/14 64,909,392.12 07/31/19 67,151,539.38 04/30/10 40,478,357.60 12/31/14 61,623,499.90 08/31/19 68,160,947.96 05/31/10 38,739,522.56 01/31/15 61,585,040.94 09/30/19 70,855,493.40 06/30/10 39,738,881.62 02/28/15 63,269,776.69 10/31/19 71,823,087.19 07/31/10 42,020,069.17 03/31/15 64,288,370.38 11/30/19 63,466,347.56 08/31/10 40,331,826.60 04/30/15 65,430,174.18 12/31/19 63,959,687.87 09/30/10 40,245,656.32 05/31/15 65,714,228.05 01/31/20 65,788,707.02 10/31/10 39,984,803.80 06/30/15 68,746,632.56 02/29/20 65,167,008.21 11/30/10 35,695,100.47 07/31/15 70,884,051.33 12/31/10 41,300,042.16 08/31/15 72,023,119.13 01/31/11 42,918,366.28 09/30/15 75,617,268.98 02/28/11 44,793,554.36 10/31/15 77,155,814.42 03/31/11 46,555,428.08 11/30/15 75,987,100.36 04/30/11 46,284,639.10 12/31/15 64,215,673.59 05/31/11 45,692,919.82 01/31/16 65,062,377.54 06/30/11 46,029,921.56 02/29/16 67,564,110.56 07/31/11 45,556,018.39 03/31/16 69,211,164.87 Note: Cash goes down in June and at year-end due to the timing of debt service payments. Debt service payments for Wastewater are paid out twice a year: interest in June and principal and interest in November. Debt service payments for Water Works are paid out twice a year: interest in June and principal and interest in December. The total cash has been declining as bond funds are spent down. In March 2017, the Utility Commission approved a water rate increase in two phases: phase 1 - 22% over 12 months, phase 2 - 22% over 12 months. The increase was added starting with April 2017 billing. Water Works expects to see increase in cash in May 2017, when they begin collecting on April billing. City of South Bend Cash Balances - Enterprise Funds January 1, 2007 - February 29, 2020 Maximum Total Cash Minimum Total Cash Average Cash Average - last 12 months $0 $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 $70,000,000 $80,000,000 $90,000,000 2020-02 - Monthly Cash Report 10 $81,992,643 6/30/2018 $26,731,149 1/31/2009 $50,335,241 -- $57,947,619 -- Date Cash Date Cash Date Cash 01/01/07 40,101,775.51 08/31/11 49,085,008.00 04/30/16 51,317,725.09 01/31/07 37,204,941.29 09/30/11 47,073,543.39 05/31/16 50,296,085.76 02/28/07 42,400,991.27 10/31/11 44,750,523.17 06/30/16 64,433,239.06 03/31/07 36,322,464.80 11/30/11 41,844,406.42 07/31/16 58,518,600.58 04/30/07 36,374,308.24 12/31/11 51,201,636.39 08/31/16 55,966,718.35 05/31/07 36,579,224.31 01/31/12 44,464,972.65 09/30/16 55,065,472.04 06/30/07 35,914,061.41 02/29/12 43,124,396.97 10/31/16 52,059,580.89 07/31/07 33,046,039.94 03/31/12 40,875,506.16 11/30/16 51,222,578.99 08/31/07 31,416,991.60 04/30/12 39,972,677.94 12/31/16 60,406,691.98 09/30/07 30,955,278.22 05/31/12 37,283,464.71 01/31/17 54,709,591.50 10/31/07 29,953,285.20 06/30/12 48,308,618.33 02/28/17 60,693,512.64 11/30/07 29,049,190.99 07/31/12 43,597,429.86 03/31/17 54,200,785.07 12/31/07 43,118,912.28 08/31/12 41,355,817.62 04/30/17 53,618,489.08 01/31/08 41,405,052.40 09/30/12 40,654,565.67 05/31/17 50,870,962.23 02/29/08 40,635,068.99 10/31/12 38,605,222.83 06/30/17 64,818,554.92 03/31/08 40,558,124.18 11/30/12 37,090,958.24 07/31/17 59,955,849.53 04/30/08 40,290,091.29 12/31/12 47,393,846.15 08/31/17 60,726,084.24 05/31/08 40,210,711.69 01/31/13 45,144,294.34 09/30/17 57,532,562.70 06/30/08 39,857,987.53 02/28/13 41,364,435.41 10/31/17 55,546,746.25 07/31/08 39,145,712.40 03/31/13 41,430,811.51 11/30/17 55,251,426.66 08/31/08 36,074,455.00 04/30/13 42,438,979.52 12/31/17 65,818,514.83 09/30/08 35,928,266.53 05/31/13 42,077,874.12 01/31/18 60,435,599.30 10/31/08 34,674,631.21 06/30/13 55,157,971.58 02/28/18 58,919,560.09 11/30/08 33,382,904.90 07/31/13 51,147,079.40 03/31/18 56,967,800.25 12/31/08 28,608,922.65 08/31/13 48,231,381.91 04/30/18 70,308,595.71 01/31/09 26,731,148.85 09/30/13 47,344,717.04 05/31/18 69,433,440.38 02/28/09 28,199,966.51 10/31/13 45,849,747.51 06/30/18 81,992,642.55 03/31/09 27,482,787.81 11/30/13 45,831,055.40 07/31/18 78,753,842.27 04/30/09 38,905,572.01 12/31/13 55,315,510.06 08/31/18 73,401,834.82 05/31/09 38,656,758.39 01/31/14 50,898,242.66 09/30/18 70,934,670.78 06/30/09 36,003,705.47 02/28/14 49,986,290.38 10/31/18 58,183,703.49 07/31/09 39,288,192.08 03/31/14 49,028,261.04 11/30/18 57,701,465.11 08/31/09 38,981,480.90 04/30/14 47,281,387.13 12/31/18 66,695,748.11 09/30/09 38,365,267.66 05/31/14 46,795,213.96 01/31/19 59,597,388.81 10/31/09 36,749,933.72 06/30/14 61,118,881.00 02/28/19 60,283,680.41 11/30/09 35,847,660.55 07/31/14 56,842,280.86 03/31/19 57,633,297.22 12/31/09 34,358,243.89 08/31/14 55,735,447.17 04/30/19 55,133,997.10 01/31/10 53,534,937.83 09/30/14 54,889,194.46 05/31/19 53,673,044.13 02/28/10 52,816,628.95 10/31/14 54,196,891.83 06/30/19 68,360,737.05 03/31/10 52,577,148.25 11/30/14 54,554,819.33 07/31/19 61,596,350.52 04/30/10 51,768,568.42 12/31/14 65,903,128.76 08/31/19 60,712,190.84 05/31/10 50,881,687.36 01/31/15 60,387,162.56 09/30/19 56,360,982.88 06/30/10 62,539,377.78 02/28/15 58,990,110.88 10/31/19 54,434,324.03 07/31/10 55,401,804.58 03/31/15 58,654,868.03 11/30/19 53,127,541.62 08/31/10 53,423,401.23 04/30/15 57,972,838.77 12/31/19 63,366,015.29 09/30/10 52,832,007.68 05/31/15 57,630,884.95 01/31/20 55,822,498.68 10/31/10 51,745,774.22 06/30/15 70,642,566.10 02/29/20 55,150,446.57 11/30/10 49,573,730.89 07/31/15 65,048,413.67 12/31/10 65,164,721.07 08/31/15 61,042,169.83 01/31/11 57,392,911.65 09/30/15 59,936,471.64 02/28/11 53,822,791.88 10/31/15 56,339,743.69 03/31/11 52,439,712.97 11/30/15 54,715,027.81 04/30/11 51,775,206.12 12/31/15 61,194,710.47 05/31/11 45,543,075.85 01/31/16 55,690,681.11 06/30/11 57,605,720.29 02/29/16 53,548,676.30 07/31/11 51,845,520.23 03/31/16 53,434,486.66 Note: TIF property tax distributions are received in June and December. Cash goes down in May and November due to the timing of debt service payments. April 2018, Redevelopment District Bonds totaling $11,995,000 were issued for parks improvements to be repaid by TIF Fund 324. City of South Bend Cash Balances - Redevelopment Funds January 1, 2007 - February 29, 2020 Maximum Total Cash Minimum Total Cash Average Cash Average - last 12 months $0 $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 $70,000,000 $80,000,000 $90,000,000 2020-02 - Monthly Cash Report 11 $185,010,338 6/30/2018 $53,052,887 5/31/2007 $109,789,040 -- $159,518,228 -- Date Cash Date Cash Date Cash 01/01/07 85,175,579.60 08/31/11 113,258,535.54 04/30/16 86,653,485.20 01/31/07 73,488,712.70 09/30/11 110,396,745.77 05/31/16 86,834,652.02 02/28/07 62,279,572.21 10/31/11 106,268,532.08 06/30/16 116,591,466.93 03/31/07 63,387,712.08 11/30/11 103,722,320.22 07/31/16 121,999,405.01 04/30/07 57,999,328.33 12/31/11 122,382,409.35 08/31/16 105,828,873.80 05/31/07 53,052,886.63 01/31/12 112,856,049.10 09/30/16 106,788,928.77 06/30/07 69,141,886.09 02/29/12 108,263,714.86 10/31/16 103,888,093.70 07/31/07 55,973,444.69 03/31/12 104,341,336.06 11/30/16 98,003,054.46 08/31/07 56,738,574.39 04/30/12 102,221,194.49 12/31/16 115,636,423.15 09/30/07 54,332,089.62 05/31/12 98,400,589.02 01/31/17 123,978,793.66 10/31/07 62,335,616.12 06/30/12 129,269,506.53 02/28/17 121,509,295.84 11/30/07 78,241,163.17 07/31/12 118,715,231.38 03/31/17 116,554,975.66 12/31/07 92,992,407.68 08/31/12 114,706,440.90 04/30/17 110,930,193.42 01/31/08 80,935,072.49 09/30/12 116,874,708.78 05/31/17 108,877,270.93 02/29/08 79,815,076.58 10/31/12 109,940,198.76 06/30/17 137,292,433.56 03/31/08 75,755,584.16 11/30/12 107,094,590.01 07/31/17 130,725,920.08 04/30/08 70,171,420.22 12/31/12 125,384,469.62 08/31/17 126,515,209.12 05/31/08 63,701,375.82 01/31/13 119,412,780.36 09/30/17 153,866,546.50 06/30/08 74,301,370.46 02/28/13 113,373,764.76 10/31/17 147,133,964.65 07/31/08 77,357,385.95 03/31/13 107,698,520.03 11/30/17 143,554,756.24 08/31/08 73,612,781.45 04/30/13 103,435,158.90 12/31/17 167,851,319.70 09/30/08 70,870,856.93 05/31/13 98,352,454.84 01/31/18 162,491,472.74 10/31/08 61,421,121.17 06/30/13 125,169,937.15 02/28/18 158,812,440.01 11/30/08 60,929,733.44 07/31/13 121,430,845.57 03/31/18 157,559,868.19 12/31/08 67,373,134.56 08/31/13 114,023,924.90 04/30/18 148,410,420.86 01/31/09 56,557,371.00 09/30/13 115,040,485.48 05/31/18 148,710,961.31 02/28/09 61,446,169.16 10/31/13 109,822,423.95 06/30/18 185,010,338.05 03/31/09 75,602,332.02 11/30/13 104,254,613.29 07/31/18 174,174,636.01 04/30/09 69,388,217.66 12/31/13 124,318,129.42 08/31/18 169,092,973.62 05/31/09 68,735,769.04 01/31/14 114,256,166.29 09/30/18 167,461,074.68 06/30/09 62,589,041.72 02/28/14 109,603,281.18 10/31/18 168,975,135.70 07/31/09 66,130,768.09 03/31/14 104,384,382.05 11/30/18 162,330,274.67 08/31/09 71,071,962.93 04/30/14 98,541,834.35 12/31/18 179,716,517.72 09/30/09 70,242,756.18 05/31/14 95,103,846.00 01/31/19 171,206,079.23 10/31/09 68,758,254.71 06/30/14 122,883,782.00 02/28/19 167,558,852.67 11/30/09 63,704,336.96 07/31/14 113,327,256.18 03/31/19 159,549,535.86 12/31/09 117,203,577.74 08/31/14 109,603,756.37 04/30/19 155,780,499.49 01/31/10 104,838,291.70 09/30/14 109,275,831.00 05/31/19 148,297,131.48 02/28/10 104,864,103.11 10/31/14 101,285,566.72 06/30/19 179,976,642.47 03/31/10 103,854,789.67 11/30/14 97,119,208.93 07/31/19 169,098,059.79 04/30/10 98,183,077.33 12/31/14 112,281,466.37 08/31/19 166,065,012.41 05/31/10 111,608,210.69 01/31/15 103,499,061.06 09/30/19 162,816,628.89 06/30/10 128,279,716.19 02/28/15 99,594,218.25 10/31/19 153,771,746.37 07/31/10 119,642,649.15 03/31/15 92,334,813.71 11/30/19 141,893,458.24 08/31/10 116,632,252.40 04/30/15 89,927,304.71 12/31/19 162,715,294.83 09/30/10 118,416,709.45 05/31/15 86,034,381.75 01/31/20 160,819,512.70 10/31/10 112,912,072.36 06/30/15 110,214,298.75 02/29/20 153,435,217.78 11/30/10 113,513,586.86 07/31/15 100,449,392.01 12/31/10 121,274,488.95 08/31/15 95,418,067.35 01/31/11 113,796,557.05 09/30/15 98,961,223.68 02/28/11 109,647,280.68 10/31/15 96,618,498.09 03/31/11 105,410,957.45 11/30/15 91,575,694.83 04/30/11 98,831,059.73 12/31/15 103,372,121.18 05/31/11 95,848,921.73 01/31/16 96,593,548.78 06/30/11 126,998,337.53 02/29/16 92,760,927.94 07/31/11 118,336,148.46 03/31/16 88,559,353.77 Note: Property tax collections are received in June and December. Effective January 1, 2017, a total of eight (8) funds with trustee cash balances were included in the City's formal accounting system, signficantly increasing Civil City cash. Also, bond and capital lease proceeds significantly increased cash during 2017 ($43.4 million) and 2018 ($11,664,070). As these one time bond proceeds are spent, cash will decrease. City of South Bend Cash Balances - Civil City Funds January 1, 2007 - February 29, 2020 Maximum Total Cash Minimum Total Cash Average Cash Average - last 12 months $0 $20,000,000 $40,000,000 $60,000,000 $80,000,000 $100,000,000 $120,000,000 $140,000,000 $160,000,000 $180,000,000 $200,000,000 2020-02 - Monthly Cash Report 12