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Home My WebLink About2022-04 - Monthly Financial ReportPeriod Ending: Issued By: City of South Bend Monthly Financial Report Page(s) Contents 2Fund Guide 3 Narrative 4 - 5 Report of Changes in Cash Balance 6 - 8 Projected Cash Balance 9 - 12 Cash Reserves Summary 13 - 18 Revenue & Expense Summaries 19 - 24 Revenue by Type 25 - 28 Expenditures by Activity 29 - 30 Outstanding Debt 31 - 36 Employee Headcount Fund Summaries 37 - 58 General Fund 59 - 83 Public Works Funds 84 - 102 Public Safety Funds 103 - 121 Venues, Parks & Arts Funds 122 - 134 Department of Community Investment Funds 135 - 141 Internal Service Funds 142 - 155 Administrative Funds 156 - 170 Redevelopment Commission Controlled Funds Distribution Mayor Chief of Staff Deputy Chief of Staff Common Council Department Heads Directors of Department Finance April 30, 2022 Controller's Office Page # General Fund Page # Venues, Parks & Arts Funds 37 101 General Fund 103 201 Parks & Recreation 104 273 Morris PAC / Palais Royale Marketing General Fund Departments/Divisions 105 274 Morris PAC Self-Promotion 39 Mayor 106 312 2017 Parks Bond Debt Service 40 Community Initiatives 107 401 Coveleski Stadium Capital 41 Community Police Review Office 108 413 Professional Sports Convention Develop. Area 42 City Clerk 109 416 Morris Performing Arts Center Capital 43 Common Council 110 450 Palais Royale Historic Preservation 44 Controller's Office 111 453 Zoo Bond Capital 45 Human Resources 112 471 2017 Parks Bond Capital 46 Diversity & Inclusion 113 601 Parking Garages 47 Human Rights 114 602 Morris Performing Arts Center Operations 48 Legal Department 115 Morris PAC Historical Budget Summary 49 Engineering 116 670 Century Center 50 Office of Sustainability 117 671 Century Center Capital 51 AmeriCorps Grant Program 118 672 Century Center Energy Conservation Debt Svc 52 Police Department 119 730 City Cemetery 53 Police Crime Lab 120 731 Bowman Cemetery 54 Fire Department 121 757 2015 Parks Bond Debt Service 55 Emergency Medical Services 56 Fire Training Center Dept of Community Investment Funds 57 Morris Performing Arts Center 122 209 Studebaker-Oliver Revitalizing Grants 58 Palais Royale Ballroom 123 210 Economic Development State Grants 124 211 Dept of Community Investment Operating Public Works Funds 125 212 Dept of Community Investment Grants 59 202 Motor Vehicle Highway 126 219 Unsafe Building 60 266 MVH Restricted 127 221 Rental Units Regulation 61 Motor Vehicle Highway Combined Budget Summary 128 230 Code Enforcement 62 251 Local Road & Street 129 410 Urban Development Action Grant 63 257 LOIT Special Distribution 130 600 Consolidated Building 64 265 Local Road & Bridge Grant 131 754 Industrial Revolving Fund 65 412 Major Moves Construction 132 756 2015 Smart Streets Bond Debt Service 66 455 2021 Infrastructure Bond Capital 133 759 2017 Eddy Street Commons Bond Capital 67 610 Solid Waste Operations 134 760 2017 Eddy Street Commons Bond Debt Service 68 611 Solid Waste Capital 69 620 Water Works Operations Internal Service Funds 70 622 Water Works Capital 135 222 Central Services 71 624 Water Works Customer Deposit 136 224 Central Services Capital 72 625 Water Works Sinking (Debt Service)137 226 Liability Insurance 73 626 Water Works Bond Reserve 138 279 IT / Innovation / 311 Call Center 74 629 Water Works Operations & Maint. Reserve 139 711 Self-Funded Employee Benefits 75 640 Sewer Repair Insurance 140 713 Unemployment Compensation 76 641 Sewage Works Operations 141 714 Parental Leave 77 642 Sewage Works Capital 78 643 Sewage Works Operations & Maint. Reserve Administrative Funds 79 649 Sewage Sinking (Debt Service)142 102 Rainy Day 80 653 Sewage Debt Service Reserve 143 217 Gift, Donation, Bequest 81 654 Sewage Works Customer Deposit 144 227 Loss Recovery 82 655 Project ReLeaf 145 258 Human Rights Federal Grants 83 667 Storm Sewer 146 263 American Rescue Plan 147 American Rescue Plan Budget Summary Public Safety Funds 148 264 COVID-19 Response 84 216 Police State Seizures 149 404 Local Income Tax - Certified Shares 85 218 Police Curfew Violations 150 406 Cumulative Capital Development 86 220 Law Enforcement Continuing Education 151 407 Cumulative Capital Improvement 87 249 Local Income Tax - Public Safety 152 408 Local Income Tax - Economic Development 88 278 Take Home Vehicle Police 153 750 Equipment/Vehicle Leasing 89 280 Police Block Grants 154 752 South Bend Redevelopment Authority 90 287 Fire Department Capital 155 755 South Bend Building Corporation 91 288 Emergency Medical Services Operating 92 289 Haz-Mat Redevelopment Commission Controlled Funds 93 291 Indiana River Rescue 156 324 TIF - River West Development Area 94 292 Police Grants 157 422 TIF - West Washington 95 294 Regional Police Academy 158 429 TIF - River East Development Area (NE Dev) 96 295 COPS MORE Grant 159 430 TIF - Southside Development Area #1 97 299 Police Federal Drug Enforcement 160 435 TIF - Douglas Road 98 350 2018 Fire Station #9 Bond Debt Service 161 436 TIF - River East Residential Area (NE Res) 99 451 2018 Fire Station #9 Capital 162 315 Redevelopment Bond - Airport Taxable 100 701 Fire Pension 163 328 Redevelopment Bond - Palais Royale 101 702 Police Pension 164 351 2018 TIF Park Bond Debt Service Reserve 102 705 Police K-9 Unit 165 352 2019 South Shore Double Tracking Bond Debt Svc 166 353 2020 TIF Library Bond Debt Service Reserve 167 433 Redevelopment General 168 439 Certified Technology Park 169 452 2018 TIF Park Bond Capital 170 454 Airport Urban Enterprise Zone 2 April 2022 Monthly Financial Report The City of South Bend developed the attached Monthly Financial Report to provide current year and prior year financial information for each City fund, as well as individual departments within various funds. Information is provided for revenue, expenditures, encumbrances, cash balances, outstanding debt, and current staffing levels. Report of Changes in Cash Balance (4 - 5) This report shows the year-to-date change in cash for each City fund by taking a fund’s beginning cash balance for the year, adding in actual revenues, and subtracting actual expenditures. Projected Cash Balance (6 - 8) The projected ending cash balance for each City fund is calculated by taking a fund’s beginning cash balance for the year, adding in estimated revenue, and subtracting budgeted expenditures. This shows what a fund's ending cash balance will be if all estimated revenue is collected and Cash Reserves Summary (9 - 12) 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 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. - Some funds have a set dollar amount as the reserve requirement, such as 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. - Debt service reserve funds are required to hold all reserves until the respective debt has been paid in full. The amount is often defined 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 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. Revenue & Expense Summaries (13 - 18) These summaries show the total revenue and expense by fund. Revenue by Type (19 - 24) This report shows the City's revenue collected by month and the total estimated revenue for the current year. Expenditures by Activity (25 - 28) This report shows the City's actuals expenditures by month and the total budgeted expenditures for the current year. Outstanding Debt (29 - 30) This report shows all of the City's outstanding debt. It details what the debt is for, when it was issued, original amount, the fund(s) repaying the debt, and the principal and interest payments due during the current year. Employee Headcount (31 - 36) This report shows the total number of full-time, permanent part-time, and seasonal/interns working for the City each month. It is broken down by City fund and by departments/divisions. It also shows the budgeted number of full-time employees. Fund Summaries (37 - 170) The fund summaries show the revenues and expenditures of each fund across years. The summaries include text boxes providing an explanation of revenues, expenditures, and spending on major capital projects. We hope that you find this Monthly 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 Report of Changes in Cash Balance January 1, 2022 through April 30, 2022 Beginning 2022 2022 Plus/(Minus)Ending Variance Cash Balance Year to Date Year to Date Accrual Surplus Cash Balance Cash Reserve Above/(Below) 1/1/2022 Revenue Expenditures Adjustments (Deficit) 4/30/2022 Requirement Reserve Req. City Controlled Funds 101 General Fund 54,208,073 8,656,597 25,350,246 433,278 (16,260,371) 37,947,702 39,933,603 (1,985,901) Special Revenue Funds 102 Rainy Day 10,910,077 14,491 - - 14,491 10,924,569 8,717,131 2,207,438 201 Parks & Recreation 5,865,858 1,454,885 5,102,146 115,079 (3,532,182) 2,333,676 4,616,399 (2,282,723) 202 Motor Vehicle Highway 4,772,416 3,053,256 3,899,427 22,940 (823,232) 3,949,184 2,955,913 993,271 209 Studebaker-Oliver Revitalizing Grants 692,248 919 4,781 - (3,862) 688,386 - - 210 Economic Development State Grants 26,876 20,880 92,607 22,129 (49,597) (22,722) - - 211 Dept of Community Investment Operating 394,125 898,851 1,238,769 6,339 (333,579) 60,546 - - 212 Dept of Community Investment Grants 409,818 332,898 589,665 129,784 (126,983) 282,834 - - 216 Police State Seizures 173,825 972 - - 972 174,797 11,125 163,672 217 Gift, Donation, Bequest 978,522 199,617 110,215 5,084 94,485 1,073,007 - - 218 Police Curfew Violations 13,880 8 13,888 - (13,880) - - - 219 Unsafe Building 764,981 6,865 5,650 1,640 2,855 767,836 - - 220 Law Enforcement Continuing Education 378,981 436,135 217,088 27,461 246,508 625,490 130,892 494,598 221 Rental Units Regulation 87,416 52,707 38,772 (250) 13,685 101,101 - - 227 Loss Recovery 414,099 550 - - 550 414,649 - - 230 Code Enforcement 497,492 996,173 1,178,192 24,558 (157,461) 340,031 - - 249 Local Income Tax - Public Safety 3,844,465 2,906,408 4,392,360 - (1,485,952) 2,358,513 - - 251 Local Road & Street 2,349,376 667,681 591,730 23,425 99,376 2,448,752 - - 257 LOIT Special Distribution 245,630 326 - - 326 245,956 - - 258 Human Rights Federal Grants 426,544 4,711 70,077 - (65,366) 361,178 - - 263 American Rescue Plan 29,536,642 37,809 1,959,580 - (1,921,771) 27,614,871 - - 264 COVID-19 Response - 170,461 196,542 26,081 - - - - 265 Local Road & Bridge Grant 704,875 701,026 210,545 - 490,481 1,195,356 - - 266 MVH Restricted 2,042,332 1,066,612 550,605 18,141 534,148 2,576,480 - - 273 Morris PAC / Palais Royale Marketing 74,809 43 74,852 - (74,809) - - - 274 Morris PAC Self-Promotion 264,010 150 264,160 - (264,010) - - - 280 Police Block Grants 4,162 2 4,165 - (4,162) - - - 289 Haz-Mat 28,102 37 - - 37 28,140 2,500 25,640 291 Indiana River Rescue 360,311 27,779 39,766 6,100 (5,887) 354,425 24,840 329,585 292 Police Grants 26,716 - 26,716 - (26,716) - - - 294 Regional Police Academy 146,328 83 146,411 - (146,328) - - - 295 COPS MORE Grant 45,349 30 24,566 - (24,536) 20,813 - - 299 Police Federal Drug Enforcement 60,237 89,077 - - 89,077 149,314 7,125 142,189 404 Local Income Tax - Certified Shares 18,631,245 3,485,429 4,596,051 5,610 (1,105,012) 17,526,233 8,590,792 8,935,442 408 Local Income Tax - Economic Development 24,795,353 4,062,210 3,450,474 230,723 842,459 25,637,813 13,353,929 12,283,883 410 Urban Development Action Grant 27,182 55,045 12,000 (46,194) (3,149) 24,033 - - 655 Project ReLeaf 282,057 188,212 162,983 26,427 51,656 333,713 112,427 221,286 705 Police K-9 Unit 2,435 1 2,436 - (2,435) - - - 730 City Cemetery 30,218 40 - - 40 30,258 - - 731 Bowman Cemetery 475,369 631 - - 631 476,000 400,000 76,000 754 Industrial Revolving Fund 3,700,843 3,295,646 2,912,118 93,641 477,170 4,178,012 - - Total Special Revenue Funds 114,485,206 24,228,656 32,179,337 738,721 (7,211,960) 107,273,245 38,923,073 23,590,281 Debt Service Funds 312 2017 Parks Bond Debt Service 184,163 105 572,683 - (572,578) (388,415) - - 350 2018 Fire Station #9 Bond Debt Service - 172,866 172,866 - - - - - 672 Century Center Energy Conservation Debt Svc 196,702 289,344 200,952 - 88,392 285,094 - - 752 South Bend Redevelopment Authority 242,425 1,430,538 1,231,178 - 199,360 441,786 441,786 - 755 South Bend Building Corporation 224,375 1,238,267 1,388,778 - (150,511) 73,865 73,865 - 756 2015 Smart Streets Bond Debt Service 1,742,699 858,031 855,434 - 2,597 1,745,295 1,745,295 - 757 2015 Parks Bond Debt Service 587,763 123,619 187,141 - (63,521) 524,242 524,242 - 760 2017 Eddy Street Commons Bond Debt Service 3,668,611 962,688 962,625 - 63 3,668,674 2,500,000 1,168,674 Total Debt Service Funds 6,846,739 5,075,458 5,571,656 - (496,198) 6,350,541 5,285,188 1,168,674 Capital Funds 287 Fire Department Capital 2,758,339 515,230 567,083 - (51,853) 2,706,486 - - 401 Coveleski Stadium Capital 814 274 6,962 - (6,688) (5,873) - - 406 Cumulative Capital Development 286,746 341 124,539 - (124,198) 162,548 - - 407 Cumulative Capital Improvement 651,096 833 85,783 6,002 (78,948) 572,148 - - 412 Major Moves Construction 1,889,193 249,299 44,689 - 204,610 2,093,803 - - 413 Professional Sports Convention Development Area 775,632 866,587 991,025 15,210 (109,228) 666,403 - - 416 Morris Performing Arts Center Capital 1,912,926 6,504,429 470,799 - 6,033,630 7,946,556 - - 450 Palais Royale Historic Preservation 93,481 2,145 - - 2,145 95,626 - - 451 2018 Fire Station #9 Bond Capital 316,090 420 - - 420 316,509 - - 453 Zoo Bond Capital - 5,891,823 318,188 - 5,573,636 5,573,636 - - 455 2021 Infrastructure Bond Capital 3,836,482 5,032 283,738 60,645 (218,062) 3,618,420 - - 471 2017 Parks Bond Capital 4,259,726 5,585 215,512 35,125 (174,802) 4,084,924 - - 750 Equipment/Vehicle Leasing 347,697 - 347,697 - (347,697) - - - 759 2017 Eddy Street Commons Bond Capital 25,763 0 - - 0 25,763 - - Total Capital Funds 17,153,985 14,041,998 3,456,013 116,981 10,702,966 27,856,951 - - 4 City of South Bend Report of Changes in Cash Balance January 1, 2022 through April 30, 2022 Beginning 2022 2022 Plus/(Minus)Ending Variance Cash Balance Year to Date Year to Date Accrual Surplus Cash Balance Cash Reserve Above/(Below) 1/1/2022 Revenue Expenditures Adjustments (Deficit) 4/30/2022 Requirement Reserve Req. Enterprise Funds 600 Consolidated Building 2,102,372 465,322 650,103 161 (184,620) 1,917,752 511,713 1,406,038 601 Parking Garages 907,380 282,642 375,540 2,080 (90,818) 816,562 353,374 463,188 602 Morris Performing Arts Center Operations - 1,288,986 420,963 5,056 873,079 873,079 168,358 704,721 610 Solid Waste Operations 906,471 2,465,280 3,124,297 328,783 (330,234) 576,237 710,676 (134,439) 611 Solid Waste Capital 779,163 542,224 1,038,091 - (495,867) 283,295 - - 620 Water Works Operations 6,550,457 6,378,915 8,723,233 730,336 (1,613,982) 4,936,474 1,210,680 3,725,794 622 Water Works Capital 9,672,979 1,353,595 302,547 5,110 1,056,158 10,729,136 - - 624 Water Works Customer Deposit 1,279,314 - - 4,235 4,235 1,283,549 1,283,549 - 625 Water Works Sinking (Debt Service)- 887,476 500 - 886,976 886,976 - - 626 Water Works Bond Reserve 1,422,804 2 - - 2 1,422,806 1,422,806 - 629 Water Works Operations & Maintenance Reserve 2,912,652 15,296 - - 15,296 2,927,948 2,927,948 - 640 Sewer Repair Insurance 2,003,861 284,271 320,024 49,600 13,847 2,017,707 188,267 1,829,440 641 Sewage Works Operations 13,825,371 14,255,203 15,600,196 1,135,898 (209,095) 13,616,276 2,286,325 11,329,951 642 Sewage Works Capital 14,359,708 1,436,039 2,167,905 248,413 (483,453) 13,876,255 - - 643 Sewage Works Operations & Maintenance Reserve 5,550,801 - - - - 5,550,801 5,160,100 390,701 649 Sewage Sinking (Debt Service)- 3,721,028 29,850 - 3,691,178 3,691,178 - - 653 Sewage Debt Service Reserve 3,749,760 - - - - 3,749,760 3,749,760 - 654 Sewage Works Customer Deposit 903,840 - - 70,161 70,161 974,002 974,002 - 667 Storm Sewer 1,604,154 430,793 99,776 53,083 384,099 1,988,253 - - 670 Century Center Operations 194,350 1,758,327 1,238,141 (16,066) 504,121 698,471 1,023,739 (325,269) 671 Century Center Capital 983,710 32 - - 32 983,743 800,000 183,743 Total Enterprise Funds 69,709,146 35,565,432 34,091,168 2,616,850 4,091,114 73,800,260 22,771,298 73,800,260 Internal Service Funds 222 Central Services 658,666 3,027,998 3,315,346 256,351 (30,997) 627,668 887,373 (259,705) 226 Liability Insurance 6,100,867 1,132,855 550,698 38,380 620,538 6,721,405 2,801,539 3,919,866 278 Police Take Home Vehicle 698,546 14,492 - - 14,492 713,038 750,000 (36,962) 279 IT / Innovation / 311 Call Center 3,482,865 3,606,884 3,186,659 86,795 507,019 3,989,884 - - 711 Self-Funded Employee Benefits 10,786,414 5,768,940 5,355,390 12,049 425,600 11,212,015 4,599,966 6,612,049 713 Unemployment Compensation - 36,939 7,991 7,991 36,939 36,939 20,000 16,939 714 Parental Leave 226,711 88,269 29,704 - 58,566 285,276 20,308 264,969 Total Internal Service Funds 21,954,068 13,676,378 12,445,787 401,567 1,632,157 23,586,225 9,079,185 10,517,156 Fiduciary Funds 701 Fire Pension 420,180 4,177 1,368,657 - (1,364,480) (944,300) 458,389 (1,402,689) 702 Police Pension 560,923 1,858 2,015,080 - (2,013,222) (1,452,299) 605,774 (2,058,073) 718 State Tax Withholding Fund 795,612 - - 119,702 119,702 915,315 915,315 - 725 Morris / Palais Box Office 791,599 - - 94,660 94,660 886,259 886,259 - 726 Police Distributions Payable 1,641,403 - - (643,203) (643,203) 998,200 998,200 - Total Fiduciary Funds 4,209,716 6,034 3,383,736 (428,840) (3,806,543) 403,173 3,863,936 (3,460,762) Total City Controlled Funds 288,566,933 101,250,553 116,477,944 3,878,556 (11,348,835) 277,218,098 119,856,283 103,629,708 Redevelopment Commission Controlled Funds Tax Increment Financing Funds 324 TIF - River West Development Area 33,713,041 466,754 5,647,789 (3,702) (5,184,737) 28,528,304 - - 422 TIF - West Washington 1,235,031 1,640 - - 1,640 1,236,671 - - 429 TIF - River East Development Area (NE Dev)9,506,445 29,419 246,345 - (216,926) 9,289,519 - - 430 TIF - Southside Development Area #1 14,473,182 19,192 62,301 - (43,109) 14,430,073 - - 435 TIF - Douglas Road 257,579 207 178,553 - (178,346) 79,233 - - 436 TIF - River East Residential Area (NE Res)5,429,968 5,410 2,442,289 - (2,436,879) 2,993,090 - - Total Tax Increment Financing Funds 64,615,246 522,623 8,577,278 (3,702) (8,058,357) 56,556,889 - - Redevelopment Funds 433 Redevelopment General 3,187,994 4,179 117,175 - (112,996) 3,074,999 247,821 2,827,178 439 Certified Technology Park 11,145 15 - - 15 11,160 - - 452 2018 TIF Park Bond Capital 2,433,236 3,232 - - 3,232 2,436,468 - - 454 Airport Urban Enterprise Zone 410,393 545 - - 545 410,938 - - Total Redevelopment Funds 6,042,769 7,971 117,175 - (109,204) 5,933,565 247,821 2,827,178 Debt Service Funds 315 Airport 2003 Debt Reserve 1,040,462 - - - - 1,040,462 1,040,462 - 328 SBCDA 2003 Debt Reserve 1,739,495 - - - - 1,739,495 1,739,495 - 351 2018 TIF Park Bond Debt Service 1,035,750 1,376 - - 1,376 1,037,126 1,037,126 - 352 2019 South Shore Double Tracking Debt Service 9,443 518,501 516,625 - 1,876 11,319 11,319 - 353 2020 TIF Library Bond Debt Service Reserve 326,944 5 8 - (3) 326,942 326,942 - Total Debt Service Funds 4,152,094 519,883 516,633 - 3,249 4,155,343 4,155,343 - Total Redevelopment Commission Funds 74,810,109 1,050,476 9,211,086 (3,702) (8,164,312) 66,645,797 4,403,164 2,827,178 Grand Total 363,377,042 102,301,029 125,689,030 3,874,854 (19,513,147) 343,863,895 124,259,447 106,456,886 NOTE: REFER TO INDIVIDUAL FUND SUMMARIES FOR FURTHER DETAIL 5 Beginning 2022 2022 Projected Ending Cash Balance Estimated Budgeted Plus/(Minus) Surplus Cash Balance 1/1/2022 Revenue Expenditures Adjustments (Deficit) 12/31/2022 City Controlled Funds 101 General Fund 54,208,073 73,217,282 114,096,009 - (40,878,727) 13,329,347 Special Revenue Funds 102 Rainy Day 10,910,077 99,340 - - 99,340 11,009,417 201 Parks & Recreation 5,865,858 16,484,004 18,465,596 - (1,981,592) 3,884,266 202 Motor Vehicle Highway 4,772,416 9,852,398 11,823,651 - (1,971,253) 2,801,162 209 Studebaker-Oliver Revitalizing Grants 692,248 5,942 262,443 - (256,501) 435,747 210 Economic Development State Grants 26,876 568,361 595,236 - (26,875) 1 211 Dept of Community Investment Operating 394,125 5,365,416 5,759,541 - (394,125) - 212 Dept of Community Investment Grants 409,818 9,033,557 9,443,375 - (409,818) - 216 Police State Seizures 173,825 5,896 44,500 - (38,604) 135,221 217 Gift, Donation, Bequest 978,522 246,270 650,289 - (404,019) 574,503 218 Police Curfew Violations 13,880 - 18,799 4,919 (13,880) - 219 Unsafe Building 764,981 70,871 23,000 - 47,871 812,852 220 Law Enforcement Continuing Education 378,981 757,462 523,568 - 233,894 612,875 221 Rental Units Regulation 87,416 404,123 450,794 - (46,671) 40,745 227 Loss Recovery 414,099 3,769 - - 3,769 417,868 230 Code Enforcement 497,492 4,765,730 5,014,435 - (248,705) 248,787 249 Local Income Tax - Public Safety 3,844,465 9,178,554 12,689,047 - (3,510,493) 333,972 251 Local Road & Street 2,349,376 2,783,569 3,656,900 - (873,331) 1,476,045 257 LOIT Special Distribution 245,630 543 56,950 - (56,407) 189,223 258 Human Rights Federal Grants 426,544 155,250 248,783 - (93,533) 333,012 263 American Rescue Plan 29,536,642 29,455,024 13,510,000 - 15,945,024 45,481,666 264 COVID-19 Response - 790,735 790,735 - - - 265 Local Road & Bridge Grant 704,875 2,001,049 2,923,443 - (922,394) (217,519) 266 MVH Restricted 2,042,332 3,975,285 5,097,306 - (1,122,021) 920,312 273 Morris PAC / Palais Royale Marketing 74,809 - 100,000 25,191 (74,809) - 274 Morris PAC Self-Promotion 264,010 - 410,000 145,990 (264,010) - 280 Police Block Grants 4,162 - 4,338 176 (4,162) - 289 Haz-Mat 28,102 10,256 10,000 - 256 28,358 291 Indiana River Rescue 360,311 92,991 99,359 - (6,368) 353,943 292 Police Grants 26,716 - 26,716 - (26,716) - 294 Regional Police Academy 146,328 - 175,000 28,672 (146,328) - 295 COPS MORE Grant 45,349 - 145,808 100,459 (45,349) - 299 Police Federal Drug Enforcement 60,237 89,697 28,500 - 61,197 121,434 404 Local Income Tax - Certified Shares 18,631,245 12,565,957 17,181,584 - (4,615,627) 14,015,618 408 Local Income Tax - Economic Development 24,795,353 12,601,624 26,707,859 - (14,106,235) 10,689,119 410 Urban Development Action Grant 27,182 22,261 24,000 - (1,739) 25,443 655 Project ReLeaf 282,057 453,854 449,708 - 4,146 286,203 705 Police K-9 Unit 2,435 - 2,520 85 (2,435) - 730 City Cemetery 30,218 273 - - 273 30,491 731 Bowman Cemetery 475,369 4,328 - - 4,328 479,697 754 Industrial Revolving Fund 3,700,843 174,000 4,918,709 - (4,744,709) (1,043,867) Total Special Revenue Funds 114,485,206 122,018,389 142,332,490 305,492 (20,008,609) 94,476,594 Debt Service Funds 312 2017 Parks Bond Debt Service 184,163 1,150,804 1,169,368 - (18,564) 165,599 350 2018 Fire Station #9 Bond Debt Service - 344,157 344,157 - - - 672 Century Center Energy Conservation Debt Svc 196,702 404,367 402,368 - 1,999 198,701 752 South Bend Redevelopment Authority 242,425 3,058,250 3,044,328 - 13,922 256,347 755 South Bend Building Corporation 224,375 2,769,500 2,751,956 - 17,544 241,919 756 2015 Smart Streets Bond Debt Service 1,742,699 1,716,000 1,711,694 - 4,306 1,747,005 757 2015 Parks Bond Debt Service 587,763 375,106 372,557 - 2,549 590,312 760 2017 Eddy Street Commons Bond Debt Service 3,668,611 1,928,125 1,926,375 - 1,750 3,670,361 Total Debt Service Funds 6,846,739 11,746,309 11,722,804 - 23,505 6,870,244 City of South Bend Based on 2022 Amended Budget as of April 30, 2022 Projected Cash Balance 6 Beginning 2022 2022 Projected Ending Cash Balance Estimated Budgeted Plus/(Minus) Surplus Cash Balance 1/1/2022 Revenue Expenditures Adjustments (Deficit) 12/31/2022 City of South Bend Based on 2022 Amended Budget as of April 30, 2022 Projected Cash Balance Capital Funds 287 Fire Department Capital 2,758,339 4,231,873 6,798,339 - (2,566,466) 191,873 401 Coveleski Stadium Capital 814 25,109 25,715 - (606) 208 406 Cumulative Capital Development 286,746 514,423 512,428 - 1,995 288,741 407 Cumulative Capital Improvement 651,096 243,166 489,341 - (246,175) 404,921 412 Major Moves Construction 1,889,193 496,809 1,789,238 - (1,292,429) 596,764 413 Professional Sports Convention Development Area 775,632 1,500,000 2,304,900 - (804,900) (29,268) 416 Morris Performing Arts Center Capital 1,912,926 6,508,701 8,475,984 - (1,967,283) (54,357) 450 Palais Royale Historic Preservation 93,481 8,247 35,000 - (26,753) 66,728 451 2018 Fire Station #9 Bond Capital 316,090 - - - - 316,090 453 Zoo Bond Capital - 5,891,800 5,891,800 - - - 455 2021 Infrastructure Bond Capital 3,836,482 - 3,815,260 - (3,815,260) 21,222 471 2017 Parks Bond Capital 4,259,726 4,801 4,264,527 - (4,259,726) - 750 Equipment/Vehicle Leasing 347,697 - 347,697 - (347,697) - 759 2017 Eddy Street Commons Bond Capital 25,763 - - - - 25,763 Total Capital Funds 17,153,985 19,424,929 34,750,229 - (15,325,300) 1,828,685 Enterprise Funds 600 Consolidated Building 2,102,372 1,603,384 2,046,854 - (443,470) 1,658,902 601 Parking Garages 907,380 965,795 1,413,495 - (447,700) 459,680 602 Morris Performing Arts Center Operations - 2,203,607 1,683,579 - 520,028 520,028 610 Solid Waste Operations 906,471 6,443,200 7,106,763 - (663,563) 242,908 611 Solid Waste Capital 779,163 2,554,161 3,333,296 - (779,135) 28 620 Water Works Operations 6,550,457 21,470,434 24,213,606 - (2,743,172) 3,807,285 622 Water Works Capital 9,672,979 4,183,877 12,735,287 - (8,551,410) 1,121,569 624 Water Works Customer Deposit 1,279,314 - - - - 1,279,314 625 Water Works Sinking (Debt Service)- 2,662,430 2,662,430 - - - 626 Water Works Bond Reserve 1,422,804 - - - - 1,422,804 629 Water Works Operations & Maintenance Reserve 2,912,652 15,296 - - 15,296 2,927,948 640 Sewer Repair Insurance 2,003,861 675,520 753,069 - (77,549) 1,926,312 641 Sewage Works Operations 13,825,371 38,878,186 45,726,498 - (6,848,312) 6,977,059 642 Sewage Works Capital 14,359,708 4,183,952 14,614,348 - (10,430,396) 3,929,312 643 Sewage Works Operations & Maintenance Reserve 5,550,801 - - - - 5,550,801 649 Sewage Sinking (Debt Service)- 11,107,089 11,107,089 - - - 653 Sewage Debt Service Reserve 3,749,760 36,647 - - 36,647 3,786,407 654 Sewage Works Customer Deposit 903,840 - - - - 903,840 667 Storm Sewer 1,604,154 1,151,372 2,271,456 - (1,120,084) 484,070 670 Century Center Operations 194,350 4,125,935 4,094,958 - 30,977 225,327 671 Century Center Capital 983,710 1,000 35,000 - (34,000) 949,710 Total Enterprise Funds 69,709,146 102,261,885 133,797,727 - (31,535,842) 38,173,304 Internal Service Funds 222 Central Services 658,666 8,878,391 8,873,729 - 4,662 663,327 226 Liability Insurance 6,100,867 3,398,847 5,603,078 - (2,204,231) 3,896,636 278 Police Take Home Vehicle 698,546 11,154 50,000 - (38,846) 659,700 279 IT / Innovation / 311 Call Center 3,482,865 9,856,074 10,643,243 - (787,169) 2,695,696 711 Self-Funded Employee Benefits 10,786,414 16,625,249 18,399,864 - (1,774,615) 9,011,799 713 Unemployment Compensation - 105,726 80,000 - 25,726 25,726 714 Parental Leave 226,711 258,703 253,846 - 4,857 231,568 Total Internal Service Funds 21,954,068 39,134,144 43,903,760 - (4,769,616) 17,184,452 Fiduciary Funds 701 Fire Pension 420,180 4,521,270 4,583,888 - (62,618) 357,562 702 Police Pension 560,923 6,064,050 6,057,740 - 6,310 567,233 Total Fiduciary Funds 981,103 10,585,320 10,641,628 - (56,308) 924,795 Total City Controlled Funds 285,338,320 378,388,258 491,244,646 305,492 (112,550,896) 172,787,421 7 Beginning 2022 2022 Projected Ending Cash Balance Estimated Budgeted Plus/(Minus) Surplus Cash Balance 1/1/2022 Revenue Expenditures Adjustments (Deficit) 12/31/2022 City of South Bend Based on 2022 Amended Budget as of April 30, 2022 Projected Cash Balance Redevelopment Commission Controlled Funds Tax Increment Financing Funds 324 TIF - River West Development Area 33,713,041 18,274,531 23,506,292 - (5,231,761) 28,481,280 422 TIF - West Washington 1,235,031 293,562 228,561 - 65,001 1,300,032 429 TIF - River East Development Area (NE Dev)9,506,445 3,850,354 6,078,801 - (2,228,447) 7,277,998 430 TIF - Southside Development Area #1 14,473,182 1,885,035 7,611,164 - (5,726,129) 8,747,053 435 TIF - Douglas Road 257,579 169,511 254,036 - (84,525) 173,055 436 TIF - River East Residential Area (NE Res)5,429,968 6,032,047 4,921,704 - 1,110,343 6,540,311 Total Tax Increment Financing Funds 64,615,246 30,505,040 42,600,558 - (12,095,518) 52,519,729 Redevelopment Funds 433 Redevelopment General 3,187,994 1,556,128 991,283 - 564,845 3,752,839 439 Certified Technology Park 11,145 101 - - 101 11,246 452 2018 TIF Park Bond Capital 2,433,236 - 2,389,024 - (2,389,024) 44,212 454 Airport Urban Enterprise Zone 410,393 2 - - 2 410,395 Total Redevelopment Funds 6,042,769 1,556,231 3,380,307 - (1,824,076) 4,218,692 Debt Service Funds 315 Airport 2003 Debt Reserve 1,040,462 - - - - 1,040,462 328 SBCDA 2003 Debt Reserve 1,739,495 - - - - 1,739,495 351 2018 TIF Park Bond Debt Service 1,035,750 9,357 - - 9,357 1,045,107 352 2019 South Shore Double Tracking Debt Service 9,443 1,035,010 1,029,750 - 5,260 14,703 353 2020 TIF Library Bond Debt Service Reserve 326,944 10 - - 10 326,954 Total Debt Service Funds 4,152,094 1,044,377 1,029,750 - 14,627 4,166,721 Total Redevelopment Commission Funds 74,810,109 33,105,648 47,010,614 - (13,904,966) 60,905,142 Grand Total 360,148,428 411,493,906 538,255,260 305,492 (126,455,862) 233,692,564 NOTE: REFER TO INDIVIDUAL FUND SUMMARIES FOR FURTHER DETAIL 8 City of South Bend* NOTE: Available Cash is a Fund's cash balance minus any outstanding encumbrancesCash Reserves Summary by Fund Status CashActualFundFund NameCash OutstandingAvailable Reserve% ofBalance Encumb. Cash * Requirement Variance BudgetNotesCash Reserve PolicyUnder Reserve Requirement101 General Fund37,947,702 3,143,211 34,804,491 39,933,603 (5,129,112) 31% Property tax distribution received in June & Dec35% of Annual expenditures201 Parks & Recreation2,333,676 1,380,700 952,976 4,616,399 (3,663,423) 5% Property tax distribution received in June & Dec25% of Annual expenditures222 Central Services627,668 29,127 598,541 887,373 (288,831) 7% Charges for services came in under budget10% of Annual expenditures278 Police Take Home Vehicle713,038 - 713,038 750,000 (36,962) 1426%One large claim in 2019, continuing to build cash reserves back upSet dollar amount of $750,000610 Solid Waste Operations576,237 777,896 (201,659) 710,676 (912,335) -3%Large dollar amount of encumbrances is for tipping fees to be invoiced throughout the year10% of Annual expenditures670 Century Center Operations698,471 55,297 643,174 1,023,739 (380,565) 16% Slightly under reserve requirement25% of Annual expenditures701 Fire Pension(944,300) 3,500 (947,800) 458,389 (1,406,189) -21% Pension payments received in June & Sept10% of Annual expenditures702 Police Pension(1,452,299) 3,500 (1,455,799) 605,774 (2,061,573) -24% Pension payments received in June & Sept10% of Annual expendituresUnder Reserve Requirement Total40,500,193$ 5,393,231$ 35,106,963$ 48,985,953$ (13,878,990)$ Meets or Exceeds Requirement102 Rainy Day10,924,569 - 10,924,569 8,717,131 2,207,438 4%3% of total expenditures in previous fiscal year for Civil City Funds, less interfund transfers out202 Motor Vehicle Highway3,949,184 941,842 3,007,342 2,955,913 51,429 25% 25% of Annual expenditures216 Police State Seizures 174,797 - 174,797 11,125 163,672 393% 25% of Annual expenditures220 Law Enforcement Continuing Education 625,490 95,678 529,811 130,892 398,919 101% 25% of Annual expenditures226 Liability Insurance 6,721,405 646,832 6,074,572 2,801,539 3,273,033 108% 50% of Annual expenditures289 Haz-Mat 28,140 - 28,140 2,500 25,640 281% 25% of Annual expenditures291 Indiana River Rescue 354,425 22,614 331,810 24,840 306,970 334% 25% of Annual expenditures299 Police Federal Drug Enforcement 149,314 6,385 142,929 7,125 135,804 502% 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 Service 1,037,126 - 1,037,126 1,037,126 - 100% 100% debt service reserve per bond covenants3522019 South Shore Double Tracking Debt Service11,319 - 11,319 11,319 - 100%100% debt service reserve per bond covenants3532020 TIF Library Bond Debt Service Reserve326,942 - 326,942 326,942 - 100%100% debt service reserve per bond covenants404 Local Income Tax - Certified Shares 17,526,233 4,481,589 13,044,645 8,590,792 4,453,853 76% 50% of Annual expenditures408Local Income Tax - Economic Development25,637,813 4,095,741 21,542,072 13,353,929 8,188,142 81% 50% of Annual expenditures433 Redevelopment General3,074,999 208,108 2,866,891 247,821 2,619,070 289%25% of Annual expenditures600 Consolidated Building1,917,752 802 1,916,950 511,713 1,405,237 94%25% of Annual expenditures601 Parking Garages816,562 302,400 514,162 353,374 160,788 36%25% of Annual expenditures602 Morris Performing Arts Center Operations 873,079 32,560 840,518 168,358 672,161 50%10% of Annual expenditures620 Water Works Operations4,936,474 940,976 3,995,498 1,210,680 2,784,818 17%5% of Annual expendituresApril 30, 20229 City of South Bend* NOTE: Available Cash is a Fund's cash balance minus any outstanding encumbrancesCash Reserves Summary by Fund Status CashActualFundFund NameCash OutstandingAvailable Reserve% ofBalance Encumb. Cash * Requirement Variance BudgetNotesCash Reserve PolicyApril 30, 2022624 Water Works Customer Deposit1,283,549 - 1,283,549 1,283,549 - 100%100% cash reserves for customer deposits626 Water Works Bond Reserve1,422,806 - 1,422,806 1,422,806 - 100%100% cash reserves per bond covenants629Water Works Operations & Maintenance Reserve2,927,948 - 2,927,948 2,927,948 - 17%16.67% of annual operating expenses in Fund 620, net of transfers640 Sewer Repair Insurance2,017,707 15,708 2,001,999 188,267 1,813,732 266%25% of Annual expenditures641 Sewage Works Operations13,616,276 3,527,127 10,089,149 2,286,325 7,802,824 22%5% of Annual expenditures643Sewage Works Operations & Maintenance Reserve5,550,801 - 5,550,801 5,160,100 390,701 18% 16.67% of annual operating expenses in Fund 641, net of transfers653 Sewage Debt Service Reserve3,749,760 - 3,749,760 3,749,760 - 100%100% cash reserves per bond covenants654 Sewage Works Customer Deposit974,002 - 974,002 974,002 - 100%100% cash reserves for customer deposits655 Project ReLeaf333,713 - 333,713 112,427 221,286 74%25% of Annual expenditures671 Century Center Capital983,743 - 983,743 800,000 183,743 2811%$800,000 Minimum per Board of Managers711 Self-Funded Employee Benefits11,212,015 1,087,761 10,124,253 4,599,966 5,524,287 55%25% of Annual expenditures713 Unemployment Compensation36,939 - 36,939 20,000 16,939 46%25% of Annual expenditures714 Parental Leave285,276 - 285,276 20,308 264,969 112%8% of Annual expenditures - one month reserve718 State Tax Withholding Fund915,315 - 915,315 915,315 - 100%100% cash reserves - trust & agency funds725 Morris / Palais Box Office886,259 - 886,259 886,259 - 100%100% cash reserves - trust & agency funds726 Police Distributions Payable998,200 - 998,200 998,200 - 100%100% cash reserves - trust & agency funds730 City Cemetery30,258 - 30,258 - 30,258 100%25% of Annual expenditures731 Bowman Cemetery476,000 - 476,000 400,000 76,000 100%$400,000 minimum752 South Bend Redevelopment Authority441,786 - 441,786 441,786 - 100%100% cash reserves per bond covenants755 South Bend Building Corporation73,865 - 73,865 73,865 - 100%100% cash reserves per bond covenants756 2015 Smart Streets Bond Debt Service1,745,295 - 1,745,295 1,745,295 - 100%100% cash reserves per bond covenants757 2015 Parks Bond Debt Service524,242 - 524,242 524,242 - 100%100% cash reserves per bond covenants7602017 Eddy Street Commons Bond Debt Service3,668,674 - 3,668,674 2,500,000 1,168,674 190%$2,500,000 minimumMeets or Exceeds Requirement Total 136,020,005$ 16,406,125$ 119,613,880$ 75,273,493$ 44,340,387$ 10 City of South Bend* NOTE: Available Cash is a Fund's cash balance minus any outstanding encumbrancesCash Reserves Summary by Fund Status CashActualFundFund NameCash OutstandingAvailable Reserve% ofBalance Encumb. Cash * Requirement Variance BudgetNotesCash Reserve PolicyApril 30, 2022No Reserve Requirement209 Studebaker-Oliver Revitalizing Grants 688,386 50,443 637,943 - 637,943 100%No reserve requirement - Grant fund - spend down to zero210 Economic Development State Grants(22,722) 71,088 (93,810) - (93,810) 100% Reimbursed by grant receiptsNo reserve requirement - Grant fund - spend down to zero211 Dept of Community Investment Operating 60,546 301,333 (240,787) - (240,787) 100% Reimbursed through interfund transfers from Fund 408 No reserve requirement212 Dept of Community Investment Grants 282,834 4,037,648 (3,754,814) - (3,754,814) 100% Reimbursed by grant receiptsNo reserve requirement - Grant fund - spend down to zero217 Gift, Donation, Bequest 1,073,007 220,075 852,932 - 852,932 100% No reserve requirement219 Unsafe Building 767,836 14,350 753,486 - 753,486 100% No reserve requirement221 Rental Units Regulation 101,101 99,686 1,415 - 1,415 100% Reimbursed through interfund transfers from Fund 408 No reserve requirement227 Loss Recovery 414,649 - 414,649 - 414,649 100% No reserve requirement230 Code Enforcement 340,031 249,729 90,302 - 90,302 100% Reimbursed through interfund transfers from Fund 408 No reserve requirement249 Local Income Tax - Public Safety 2,358,513 - 2,358,513 - 2,358,513 100% No reserve requirement251 Local Road & Street 2,448,752 1,571,999 876,753 - 876,753 100% No reserve requirement257 LOIT Special Distribution 245,956 56,950 189,006 - 189,006 100%No reserve requirement - one-time distribution - spend down to zero258 Human Rights Federal Grants 361,178 15,250 345,928 - 345,928 100%No reserve requirement - Grant fund - spend down to zero263American Rescue Plan27,614,871 113,250 27,501,621 - 27,501,621 100%No reserve requirement - Grant fund - spend down to zero264 COVID-19 Response- 795,947 (795,947) - (795,947) 100% To be reimbursed by grant receiptsNo reserve requirement - Grant fund - spend down to zero265 Local Road & Bridge Grant1,195,356 504,570 690,786 - 690,786 100%Reimbursed through interfund transfer to cover matching portionNo reserve requirement - Grant fund - spend down to zero266 MVH Restricted2,576,480 1,557,771 1,018,709 - 1,018,709 100%No reserve requirement279 IT / Innovation / 311 Call Center3,989,884 1,758,220 2,231,664 - 2,231,664 100% Reimbursed through interfund allocationNo reserve requirement287 Fire Department Capital2,706,486 929,640 1,776,846 - 1,776,846 100%No reserve requirement - Capital fund - spend down to zero295 COPS MORE Grant20,813 20,808 4 - 4 100% Reimbursed by grant receiptsNo reserve requirement312 2017 Parks Bond Debt Service(388,415) - (388,415) - (388,415) 100% Property tax distribution received in June & DecNo reserve requirement324 TIF - River West Development Area28,528,304 6,583,088 21,945,215 - 21,945,215 100% Property tax distribution received in June & DecNo reserve requirement350 2018 Fire Station #9 Bond Debt Service- - - - - 100% Receives transfers from Fund 287 for debt services pmts No reserve requirement401 Coveleski Stadium Capital(5,873) 2,732 (8,605) - (8,605) 100% Revenue based on stadium attendence is received in the fallNo reserve requirement - Capital fund - spend down to zero406 Cumulative Capital Development162,548 - 162,548 - 162,548 100% Property tax distribution received in June & DecNo reserve requirement - Capital fund - spend down to zero407Cumulative Capital Improvement572,148 10,498 561,650 - 561,650 100%No reserve requirement - Capital fund - spend down to zero410 Urban Development Action Grant24,033 - 24,033 - 24,033 100%No reserve requirement - Grant fund - spend down to zero412 Major Moves Construction2,093,803 445,349 1,648,454 - 1,648,454 100%No reserve requirement - Capital fund - spend down to zero11 City of South Bend* NOTE: Available Cash is a Fund's cash balance minus any outstanding encumbrancesCash Reserves Summary by Fund Status CashActualFundFund NameCash OutstandingAvailable Reserve% ofBalance Encumb. Cash * Requirement Variance BudgetNotesCash Reserve PolicyApril 30, 2022413Professional Sports Convention Development Area666,403 43,725 622,678 - 622,678 100%No reserve requirement - Capital fund - spend down to zero416 Morris Performing Arts Center Capital 7,946,556 6,794,715 1,151,842 - 1,151,842 100% No reserve requirement422 TIF - West Washington 1,236,671 93,577 1,143,094 - 1,143,094 100% Property tax distribution received in June & Dec No reserve requirement429TIF - River East Development Area (NE Dev)9,289,519 2,575,943 6,713,576 - 6,713,576 100% Property tax distribution received in June & Dec No reserve requirement430 TIF - Southside Development Area #1 14,430,073 2,431,757 11,998,315 - 11,998,315 100% Property tax distribution received in June & Dec No reserve requirement435 TIF - Douglas Road 79,233 1,308 77,926 - 77,926 100% Property tax distribution received in June & Dec No reserve requirement436 TIF - River East Residential Area (NE Res) 2,993,090 - 2,993,090 - 2,993,090 100% Property tax distribution received in June & Dec No reserve requirement439 Certified Technology Park 11,160 - 11,160 - 11,160 100% No reserve requirement450 Palais Royale Historic Preservation 95,626 - 95,626 - 95,626 100% No reserve requirement451 2018 Fire Station #9 Bond Capital 316,509 - 316,509 - 316,509 100%No reserve requirement - Bond capital fund - spend down to zero453 Zoo Bond Capital 5,573,636 - 5,573,636 - 5,573,636 100%No reserve requirement - Bond capital fund - spend down to zero452 2018 TIF Park Bond Capital 2,436,468 2,225,241 211,227 - 211,227 100%No reserve requirement - Bond capital fund - spend down to zero454 Airport Urban Enterprise Zone 410,938 - 410,938 - 410,938 100% No reserve requirement455 2021 Infrastructure Bond Capital 3,618,420 1,377,341 2,241,079 - 2,241,079 100%No reserve requirement - Bond capital fund - spend down to zero471 2017 Parks Bond Capital 4,084,924 2,656,555 1,428,369 - 1,428,369 100%No reserve requirement - Bond capital fund - spend down to zero611 Solid Waste Capital 283,295 1,294,726 (1,011,431) - (1,011,431) 100% Receives transfers from Fund 610 as neededNo reserve requirement - Capital fund - spend down to zero622 Water Works Capital 10,729,136 4,872,286 5,856,850 - 5,856,850 100% Receives transfers from Fund 620 as neededNo reserve requirement - Capital fund - spend down to zero625Water Works Sinking (Debt Service)886,976 - 886,976 - 886,976 100% Receives transfers from Fund 620 as neededNo reserve requirement642 Sewage Works Capital13,876,255 2,237,011 11,639,244 - 11,639,244 100% Receives transfers from Fund 641 as neededNo reserve requirement - Capital fund - spend down to zero649 Sewage Sinking (Debt Service)3,691,178 - 3,691,178 - 3,691,178 100% Receives transfers from Fund 641 as neededNo reserve requirement667 Storm Sewer1,988,253 1,368,682 619,571 - 619,571 100%No reserve requirement - Capital fund - spend down to zero672Century Center Energy Conservation Debt Svc285,094 - 285,094 - 285,094 100%No reserve requirement754 Industrial Revolving Fund4,178,012 6,051 4,171,961 - 4,171,961 100%No City reserve requirement; there are program requirements759 2017 Eddy Street Commons Bond Capital25,763 - 25,763 - 25,763 100%No reserve requirement - Bond capital fund - spend down to zeroNo Reserve Requirement Total167,343,697$ 47,389,343$ 119,954,354$ -$ 119,954,350$ Total Funds343,863,895$ 69,188,699$ 274,675,197$ 124,259,447$ 150,415,747$ 12 City of South Bend Monthly Fund Financials Revenue Summary April 30, 2022 Current Amended Budget Current Month Actual Current Year to Date Actual Prior Year to Date Actual Budget Balance Percent of Budget City Controlled Funds 101 General Fund 73,217,282 1,319,685 8,656,597 9,096,100 64,560,685 12% Special Revenue Funds 102 Rainy Day 99,340 2,957 14,491 31,845 84,849 15% 201 Parks & Recreation 16,484,004 188,976 1,454,885 1,981,036 15,029,119 9% 202 Motor Vehicle Highway 9,852,398 808,604 3,053,256 2,462,126 6,799,142 31% 209 Studebaker-Oliver Revitalizing Grants 5,942 187 919 2,210 5,023 15% 210 Economic Development State Grants 568,361 15,203 20,880 18,082 547,481 4% 211 Dept of Community Investment Operating 5,365,416 339,652 898,851 669,541 4,466,565 17% 212 Dept of Community Investment Grants 9,033,557 119,662 332,898 667,893 8,700,659 4% 216 Police State Seizures 5,896 788 972 13,621 4,924 16% 217 Gift, Donation, Bequest 246,270 1,004 199,617 432,823 46,653 81% 218 Police Curfew Violations - - 8 41 (8) 0% 219 Unsafe Building 70,871 1,735 6,865 18,561 64,006 10% 220 Law Enforcement Continuing Education 757,462 36,313 436,135 77,694 321,327 58% 221 Rental Units Regulation 404,123 25,873 52,707 507 351,416 13% 227 Loss Recovery 3,769 112 550 1,291 3,219 15% 230 Code Enforcement 4,765,730 314,974 996,173 430,090 3,769,557 21% 249 Local Income Tax - Public Safety 9,178,554 726,263 2,906,408 3,043,916 6,272,146 32% 251 Local Road & Street 2,783,569 156,985 667,681 779,585 2,115,888 24% 257 LOIT Special Distribution 543 67 326 2,243 217 60% 258 Human Rights Federal Grants 155,250 103 4,711 13,790 150,539 3% 263 American Rescue Plan 29,455,024 7,493 37,809 - 29,417,215 0% 264 COVID-19 Response 790,735 37,967 170,461 699,895 620,274 22% 265 Local Road & Bridge Grant 2,001,049 700,337 701,026 2,723 1,300,023 35% 266 MVH Restricted 3,975,285 288,253 1,066,612 1,013,877 2,908,673 27% 273 Morris PAC / Palais Royale Marketing - - 43 762 (43) 0% 274 Morris PAC Self-Promotion - - 150 1,477 (150) 0% 280 Police Block Grants - - 2 12 (2) 0% 289 Haz-Mat 10,256 8 37 82 10,219 0% 291 Indiana River Rescue 92,991 10,795 27,779 33,295 65,212 30% 294 Regional Police Academy - - 83 18,337 (83) 0% 295 COPS MORE Grant - - 30 15,055 (30) 0% 299 Police Federal Drug Enforcement 89,697 23 89,077 55 620 99% 404 Local Income Tax - Certified Shares 12,565,957 786,360 3,485,429 4,574,328 9,080,528 28% 408 Local Income Tax - Economic Development 12,601,624 1,016,473 4,062,210 4,265,055 8,539,414 32% 410 Urban Development Action Grant 22,261 50,639 55,045 5,593 (32,784) 247% 655 Project ReLeaf 453,854 37,820 188,212 165,876 265,642 41% 705 Police K-9 Unit - - 1 7 (1) 0% 730 City Cemetery 273 8 40 88 233 15% 731 Bowman Cemetery 4,328 129 631 1,388 3,697 15% 754 Industrial Revolving Fund 174,000 - 3,295,646 861,656 (3,121,646) 1894% Total Special Revenue Funds 122,018,389 5,675,763 24,228,656 22,306,454 97,789,733 20% Debt Service Fund 312 2017 Parks Bond Debt Service 1,150,804 - 105 169 1,150,699 0% 350 2018 Fire Station #9 Bond Debt Service 344,157 - 172,866 175,941 171,291 50% 672 Century Center Energy Conservation Debt Svc 404,367 67,638 289,344 315,511 115,023 72% 752 South Bend Redevelopment Authority 3,058,250 197,516 1,430,538 1,435,536 1,627,712 47% 755 South Bend Building Corporation 2,769,500 4 1,238,267 1,401,888 1,531,233 45% 756 2015 Smart Streets Bond Debt Service 1,716,000 7 858,031 858,031 857,969 50% 757 2015 Parks Bond Debt Service 375,106 30,907 123,619 125,919 251,487 33% 760 2017 Eddy Street Commons Bond Debt Service 1,928,125 16 962,688 949,664 965,437 50% Total Debt Service Funds 11,746,309 296,088 5,075,458 5,262,658 6,670,851 43% 13 City of South Bend Monthly Fund Financials Revenue Summary April 30, 2022 Current Amended Budget Current Month Actual Current Year to Date Actual Prior Year to Date Actual Budget Balance Percent of Budget Capital Funds 287 Fire Department Capital 4,231,873 472 515,230 639,366 3,716,643 12% 401 Coveleski Stadium Capital 25,109 - 274 33 24,835 1% 406 Cumulative Capital Development 514,423 60 341 394 514,082 0% 407 Cumulative Capital Improvement 243,166 160 833 1,872 242,333 0% 412 Major Moves Construction 496,809 567 249,299 268,594 247,510 50% 413 Professional Sports Convention Development Area 1,500,000 272,579 866,587 - 633,413 58% 416 Morris Performing Arts Center Capital 6,508,701 524 6,504,429 1,411 4,272 100% 450 Palais Royale Historic Preservation 8,247 598 2,145 1,038 6,102 26% 451 2018 Fire Station #9 Bond Capital - 86 420 923 (420) 0% 453 Zoo Bond Capital 5,891,800 23 5,891,823 - (23) 100% 455 2021 Infrastructure Bond Capital - 985 5,032 - (5,032) 0% 471 2017 Parks Bond Capital 4,801 1,113 5,585 16,881 (784) 116% 750 Equipment/Vehicle Leasing - - - 6 - 0% 759 2017 Eddy Street Commons Bond Capital - 0 0 0 - 0% Total Capital Funds 19,424,929 277,166 14,041,998 930,518 5,382,931 72% Enterprise Funds 600 Consolidated Building 1,603,384 133,203 465,322 470,780 1,138,062 29% 601 Parking Garages 965,795 53,665 282,642 335,340 683,153 29% 602 Morris Performing Arts Center Operations 2,203,607 76,065 1,288,986 - 914,621 58% 610 Solid Waste Operations 6,443,200 641,604 2,465,280 2,061,117 3,977,920 38% 611 Solid Waste Capital 2,554,161 112,914 542,224 372,572 2,011,937 21% 620 Water Works Operations 21,470,434 1,506,553 6,378,915 6,496,760 15,091,519 30% 622 Water Works Capital 4,183,877 339,116 1,353,595 1,221,570 2,830,282 32% 624 Water Works Customer Deposit - - - 3,723 - 0% 625 Water Works Sinking (Debt Service)2,662,430 221,869 887,476 504,523 1,774,954 33% 626 Water Works Bond Reserve - 1 2 4,076 (2) 0% 629 Water Works Operations & Maintenance Reserve 15,296 - 15,296 8,544 - 100% 640 Sewer Repair Insurance 675,520 60,283 284,271 254,006 391,249 42% 641 Sewage Works Operations 38,878,186 3,419,284 14,255,203 13,721,182 24,622,983 37% 642 Sewage Works Capital 4,183,952 291,441 1,436,039 2,178,427 2,747,913 34% 643 Sewage Works Operations & Maintenance Reserve - - - 16,283 - 0% 649 Sewage Sinking (Debt Service)11,107,089 951,257 3,721,028 2,572,185 7,386,061 34% 653 Sewage Debt Service Reserve 36,647 - - 134 36,647 0% 654 Sewage Works Customer Deposit - - - 2,050 - 0% 667 Storm Sewer 1,151,372 98,822 430,793 379,463 720,579 37% 670 Century Center Operations 4,125,935 218,272 1,758,327 557,995 2,367,608 43% 671 Century Center Capital 1,000 8 32 32 968 3% Total Enterprise Funds 102,261,885 8,124,356 35,565,432 31,160,765 66,696,454 35% Internal Service Funds 222 Central Services 8,878,391 810,584 3,027,998 2,277,058 5,850,393 34% 224 Central Services Capital - - - 58,287 - 0% 226 Liability Insurance 3,398,847 282,724 1,132,855 1,147,346 2,265,992 33% 278 Police Take Home Vehicle 11,154 5,112 14,492 4,521 (3,338) 130% 279 IT / Innovation / 311 Call Center 9,856,074 974,389 3,606,884 3,086,873 6,249,190 37% 711 Self-Funded Employee Benefits 16,625,249 1,382,297 5,768,940 5,836,837 10,856,309 35% 713 Unemployment Compensation 105,726 13,927 36,939 2,512 68,787 35% 714 Parental Leave 258,703 29,157 88,269 85,916 170,434 34% Total Internal Service Funds 39,134,144 3,498,188 13,676,378 12,499,350 25,457,767 35% Fiduciary Funds 701 Fire Pension 4,521,270 - 4,177 427 4,517,094 0% 702 Police Pension 6,064,050 - 1,858 4,644 6,062,192 0% Total Fiduciary Funds 10,585,320 - 6,034 5,071 10,579,286 0% Total City Controlled Funds 378,388,258 19,191,247 101,250,553 81,260,916 277,137,707 27% 14 City of South Bend Monthly Fund Financials Revenue Summary April 30, 2022 Current Amended Budget Current Month Actual Current Year to Date Actual Prior Year to Date Actual Budget Balance Percent of Budget Redevelopment Commission Controlled Funds Tax Increment Financing Funds 324 TIF - River West Development Area 18,274,531 208,538 466,754 974,371 17,807,777 3% 422 TIF - West Washington 293,562 335 1,640 3,309 291,922 1% 429 TIF - River East Development Area (NE Dev) 3,850,354 2,523 29,419 690,002 3,820,935 1% 430 TIF - Southside Development Area #1 1,885,035 3,909 19,192 36,335 1,865,843 1% 435 TIF - Douglas Road 169,511 21 207 271 169,304 0% 436 TIF - River East Residential Area (NE Res)6,032,047 810 5,410 8,970 6,026,637 0% Total Tax Increment Financing Funds 30,505,040 216,137 522,623 1,713,259 29,982,418 2% Redevelopment Funds 433 Redevelopment General 1,556,128 841 4,179 7,809 1,551,949 0% 439 Certified Technology Park 101 3 15 33 86 15% 452 2018 TIF Park Bond Capital - 660 3,232 7,575 (3,232) 0% 454 Airport Urban Enterprise Zone 2 111 545 1,198 (543) 27255% Total Redevelopment Funds 1,556,231 1,614 7,971 16,614 1,548,260 1% Debt Service Funds 315 Airport 2003 Debt Reserve - - - 3,052 - 0% 328 SBCDA 2003 Debt Reserve - - - 5,103 - 0% 351 2018 TIF Park Bond Debt Service 9,357 281 1,376 3,023 7,981 15% 352 2019 South Shore Double Tracking Debt Service 1,035,010 0 518,501 518,001 516,509 50% 353 2020 TIF Library Bond Debt Service Reserve 10 1 5 5 5 54% Total Debt Service Funds 1,044,377 282 519,883 529,185 524,495 50% Total Redevelopment Commission Funds 33,105,648 218,034 1,050,476 2,259,057 32,055,172 3% Grand Total 411,493,906 19,409,280 102,301,029 83,519,973 309,192,879 25% 15 City of South Bend Monthly Fund Financials Expenditure Summary April 30, 2022 Current Amended Budget Current Month Actual Current Year to Date Actual Prior Year to Date Actual Current Encumbrances Budget Balance Percent of Budget* City Controlled Funds 101 General Fund 114,096,009 7,128,441 25,350,246 24,042,033 3,143,211 85,602,551 25% Special Revenue Funds 102 Rainy Day - - - - - - 0% 201 Parks & Recreation 18,465,596 1,404,188 5,102,146 5,232,819 1,380,700 11,982,750 35% 202 Motor Vehicle Highway 11,823,651 955,629 3,899,427 4,655,622 941,842 6,982,383 41% 209 Studebaker-Oliver Revitalizing Grants 262,443 2,064 4,781 41,693 50,443 207,219 21% 210 Economic Development State Grants 595,236 82,625 92,607 18,003 71,088 431,540 28% 211 Dept of Community Investment Operating 5,759,541 424,061 1,238,769 1,181,423 301,333 4,219,439 27% 212 Dept of Community Investment Grants 9,443,375 238,384 589,665 585,055 4,037,648 4,816,061 49% 216 Police State Seizures 44,500 - - 71,043 - 44,500 0% 217 Gift, Donation, Bequest 650,289 26,520 110,215 140,073 220,075 319,999 51% 218 Police Curfew Violations 18,799 - 13,888 - - 4,911 74% 219 Unsafe Building 23,000 3,440 5,650 14,063 14,350 3,000 87% 220 Law Enforcement Continuing Education 523,568 50,473 217,088 224,876 95,678 210,802 60% 221 Rental Units Regulation 450,794 7,930 38,772 65,538 99,686 312,336 31% 227 Loss Recovery - - - 69,630 - - 0% 230 Code Enforcement 5,014,435 347,189 1,178,192 1,190,136 249,729 3,586,513 28% 249 Local Income Tax - Public Safety 12,689,047 1,464,120 4,392,360 2,912,795 - 8,296,687 35% 251 Local Road & Street 3,656,900 458,466 591,730 1,194,292 1,571,999 1,493,170 59% 257 LOIT Special Distribution 56,950 - - 23,927 56,950 - 100% 258 Human Rights Federal Grants 248,783 20,837 70,077 98,862 15,250 163,456 34% 263 American Rescue Plan 13,510,000 65,650 1,959,580 17,567 113,250 11,437,170 15% 264 COVID-19 Response 790,735 26,081 196,542 1,193,082 795,947 (201,754) 126% 265 Local Road & Bridge Grant 2,923,443 12,698 210,545 1,138,240 504,570 2,208,327 24% 266 MVH Restricted 5,097,306 27,213 550,605 383,629 1,557,771 2,988,930 41% 273 Morris PAC / Palais Royale Marketing 100,000 - 74,852 - - 25,148 75% 274 Morris PAC Self-Promotion 410,000 - 264,160 - - 145,840 64% 280 Police Block Grants 4,338 - 4,165 - - 173 96% 289 Haz-Mat 10,000 - - - - 10,000 0% 291 Indiana River Rescue 99,359 3,339 39,766 8,441 22,614 36,979 63% 292 Police Grants 26,716 - 26,716 - - 1 100% 294 Regional Police Academy 175,000 - 146,411 - - 28,589 84% 295 COPS MORE Grant 145,808 - 24,566 33,898 20,808 100,434 31% 299 Police Federal Drug Enforcement 28,500 - - - 6,385 22,115 22% 404 Local Income Tax - Certified Shares 17,181,584 688,487 4,596,051 3,779,547 4,481,589 8,103,944 53% 408 Local Income Tax - Economic Development 26,707,859 797,333 3,450,474 2,131,675 4,095,741 19,161,644 28% 410 Urban Development Action Grant 24,000 6,000 12,000 12,000 - 12,000 50% 655 Project ReLeaf 449,708 29,323 162,983 179,629 - 286,725 36% 705 Police K-9 Unit 2,520 - 2,436 - - 84 97% 730 City Cemetery - - - - - - 0% 731 Bowman Cemetery - - - - - - 0% 754 Industrial Revolving Fund 4,918,709 75,093 2,912,118 965,041 6,051 2,000,540 59% Total Special Revenue Funds 142,332,490 7,217,143 32,179,337 27,562,599 20,711,499 89,441,655 37% Debt Service Fund 312 2017 Parks Bond Debt Service 1,169,368 - 572,683 580,058 - 596,686 49% 350 2018 Fire Station #9 Bond Debt Service 344,157 - 172,866 175,941 - 171,291 50% 672 Century Center Energy Conservation Debt Svc 402,368 200,952 200,952 203,185 - 201,416 50% 752 South Bend Redevelopment Authority 3,044,328 - 1,231,178 1,231,478 - 1,813,150 40% 755 South Bend Building Corporation 2,751,956 - 1,388,778 2,092,476 - 1,363,179 50% 756 2015 Smart Streets Bond Debt Service 1,711,694 1,650 855,434 855,884 - 856,260 50% 757 2015 Parks Bond Debt Service 372,557 - 187,141 185,516 - 185,416 50% 760 2017 Eddy Street Commons Bond Debt Service 1,926,375 - 962,625 744,500 - 963,750 50% Total Debt Service Funds 11,722,804 202,602 5,571,656 6,069,037 - 6,151,148 48% * Percent of budget spent includes year to date expenditures and outstanding encumbrances 16 City of South Bend Monthly Fund Financials Expenditure Summary April 30, 2022 Current Amended Budget Current Month Actual Current Year to Date Actual Prior Year to Date Actual Current Encumbrances Budget Balance Percent of Budget* Capital Funds 287 Fire Department Capital 6,798,339 - 567,083 614,220 929,640 5,301,616 22% 401 Coveleski Stadium Capital 25,715 - 6,962 - 2,732 16,022 38% 406 Cumulative Capital Development 512,428 60,515 124,539 103,602 - 387,889 24% 407 Cumulative Capital Improvement 489,341 25,947 85,783 87,385 10,498 393,060 20% 412 Major Moves Construction 1,789,238 - 44,689 38,599 445,349 1,299,201 27% 413 Professional Sports Convention Development Area 2,304,900 63,210 991,025 - 43,725 1,270,150 45% 416 Morris Performing Arts Center Capital 8,475,984 37,250 470,799 - 6,794,715 1,210,470 86% 450 Palais Royale Historic Preservation 35,000 - - - - 35,000 0% 451 2018 Fire Station #9 Bond Capital - - - - - - 0% 453 Zoo Bond Capital 5,891,800 - 318,188 - - 5,573,613 5% 455 2021 Infrastructure Bond Capital 3,815,260 79,445 283,738 - 1,377,341 2,154,181 44% 471 2017 Parks Bond Capital 4,264,527 35,501 215,512 468,347 2,656,555 1,392,460 67% 750 Equipment/Vehicle Leasing 347,697 - 347,697 - - - 100% 759 2017 Eddy Street Commons Bond Capital - - - - - - 0% Total Capital Funds 34,750,229 301,867 3,456,013 1,312,153 12,260,554 19,033,662 45% Enterprise Funds 600 Consolidated Building 2,046,854 185,990 650,103 591,744 802 1,395,949 32% 601 Parking Garages 1,413,495 48,074 375,540 216,175 302,400 735,555 48% 602 Morris Performing Arts Center Operations 1,683,579 119,650 420,963 - 32,560 1,230,056 27% 610 Solid Waste Operations 7,106,763 689,386 3,124,297 2,090,312 777,896 3,204,570 55% 611 Solid Waste Capital 3,333,296 76,259 1,038,091 385,686 1,294,726 1,000,479 70% 620 Water Works Operations 24,213,606 1,833,043 8,723,233 6,874,588 940,976 14,549,397 40% 622 Water Works Capital 12,735,287 54,685 302,547 250,750 4,872,286 7,560,454 41% 624 Water Works Customer Deposit - - - 3,723 - - 0% 625 Water Works Sinking (Debt Service)2,662,430 - 500 1,171 - 2,661,930 0% 626 Water Works Bond Reserve - - - 4,075 - - 0% 629 Water Works Operations & Maintenance Reserve - - - 8,544 - - 0% 640 Sewer Repair Insurance 753,069 72,885 320,024 266,599 15,708 417,336 45% 641 Sewage Works Operations 45,726,498 3,085,888 15,600,196 14,190,395 3,527,127 26,599,175 42% 642 Sewage Works Capital 14,614,348 1,441,592 2,167,905 371,180 2,237,011 10,209,432 30% 643 Sewage Works Operations & Maintenance Reserve - - - 16,283 - - 0% 649 Sewage Sinking (Debt Service)11,107,089 750 29,850 1,850 - 11,077,239 0% 653 Sewage Debt Service Reserve - - - - - - 0% 654 Sewage Works Customer Deposit - - - 2,050 - - 0% 667 Storm Sewer 2,271,456 878 99,776 143,283 1,368,682 802,997 65% 670 Century Center Operations 4,094,958 367,940 1,238,141 826,858 55,297 2,801,520 32% 671 Century Center Capital 35,000 - - - - 35,000 0% Total Enterprise Funds 133,797,727 7,977,020 34,091,168 26,245,267 15,425,471 84,281,089 37% Internal Service Funds 222 Central Services 8,873,729 994,048 3,315,346 2,674,733 29,127 5,529,256 38% 224 Central Services Capital - - - 84,508 - - 0% 226 Liability Insurance 5,603,078 (55,875) 550,698 718,211 646,832 4,405,548 21% 278 Police Take Home Vehicle 50,000 - - 270 - 50,000 0% 279 IT / Innovation / 311 Call Center 10,643,243 588,074 3,186,659 3,012,542 1,758,220 5,698,364 46% 711 Self-Funded Employee Benefits 18,399,864 1,246,889 5,355,390 5,664,046 1,087,761 11,956,713 35% 713 Unemployment Compensation 80,000 683 7,991 22,061 - 72,009 10% 714 Parental Leave 253,846 6,645 29,704 45,959 - 224,142 12% Total Internal Service Funds 43,903,760 2,780,464 12,445,787 12,222,329 3,521,941 27,936,032 36% Fiduciary Funds 701 Fire Pension 4,583,888 340,863 1,368,657 1,375,038 3,500 3,211,731 30% 702 Police Pension 6,057,740 502,830 2,015,080 2,033,048 3,500 4,039,160 33% Total Fiduciary Funds 10,641,628 843,693 3,383,736 3,408,086 7,000 7,250,891 32% Total City Controlled Funds 491,244,646 26,451,229 116,477,944 100,861,504 55,069,677 319,697,028 35% * Percent of budget spent includes year to date expenditures and outstanding encumbrances 17 City of South Bend Monthly Fund Financials Expenditure Summary April 30, 2022 Current Amended Budget Current Month Actual Current Year to Date Actual Prior Year to Date Actual Current Encumbrances Budget Balance Percent of Budget* Redevelopment Commission Controlled Funds Tax Increment Financing Funds 324 TIF - River West Development Area 23,506,292 283,199 5,647,789 7,057,020 6,583,088 11,275,415 52% 422 TIF - West Washington 228,561 - - 2,118 93,577 134,984 41% 429 TIF - River East Development Area (NE Dev) 6,078,801 17,856 246,345 542,585 2,575,943 3,256,513 46% 430 TIF - Southside Development Area #1 7,611,164 2,351 62,301 385,343 2,431,757 5,117,105 33% 435 TIF - Douglas Road 254,036 - 178,553 5,175 1,308 74,175 71% 436 TIF - River East Residential Area (NE Res) 4,921,704 - 2,442,289 3,105,948 - 2,479,415 50% Total Tax Increment Financing Funds 42,600,558 303,406 8,577,278 11,098,188 11,685,673 22,337,607 48% Redevelopment Funds 433 Redevelopment General 991,283 1,750 117,175 491,515 208,108 666,000 33% 439 Certified Technology Park - - - - - - 0% 452 2018 TIF Park Bond Capital 2,389,024 - - 60,665 2,225,241 163,783 93% 454 Airport Urban Enterprise Zone - - - - - - 0% Total Redevelopment Funds 3,380,307 1,750 117,175 552,181 2,433,349 829,783 75% Debt Service Funds 315 Airport 2003 Debt Reserve - - - 3,052 - - 0% 328 SBCDA 2003 Debt Reserve - - - 5,103 - - 0% 351 2018 TIF Park Bond Debt Service - - - - - - 0% 352 2019 South Shore Double Tracking Debt Service 1,029,750 - 516,625 512,875 - 513,125 50% 353 2020 TIF Library Bond Debt Service Reserve - - 8 - - (8) 0% Total Debt Service Funds 1,029,750 - 516,633 521,030 - 513,117 50% Total Redevelopment Commission Funds 47,010,614 305,156 9,211,086 12,171,398 14,119,022 23,680,506 50% Grand Total 538,255,260 26,756,386 125,689,030 113,032,902 69,188,699 343,377,534 36% * Percent of budget spent includes year to date expenditures and outstanding encumbrances 18 City of South BendRevenue by Type ReportYear to Date%Revenue TypeJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of BudgetTaxesProperty Taxes Civil City- - - - - - - - - - - - - 57,130,137 0% TIF Districts- - - - - - - - - - - - - 29,771,076 0%Sub Total- - - - - - - - - - - - - 86,901,213 0%Local Income Tax LIT Certified Shares744,465 744,465 744,465 744,465 - - - - - - - - 2,977,862 8,933,585 33% LIT for Economic Development 1,005,450 1,005,450 1,005,450 1,005,450 - - - - - - - - 4,021,802 12,065,405 33% LIT for Public Safety725,425 725,425 725,425 725,425 - - - - - - - - 2,901,700 8,705,099 33% LIT for Redevelopment8 8 8 8 - - - - - - - - 31 92 33% LIT Additional - Supplemental Distrib- - - - - - - - - - - - - 1,760,616 0% Sub Total2,475,348 2,475,348 2,475,348 2,475,348 - - - - - - - - 9,901,394 31,464,797 31%Total Taxes2,475,348 2,475,348 2,475,348 2,475,348 - - - - - - - - 9,901,394 118,366,010 8%Intergovernmental RevenueState Shared Revenue Auto Excise Tax- - - - - - - - - - - - - 3,831,277 0% Commercial Vehicle Tax- - - - - - - - - - - - - 822,505 0% Liquor Excise Tax22,556 - - - - - - - - - - - 22,556 90,000 25% Liquor Gallonage Tax71,052 - - 58,872 - - - - - - - - 129,924 239,165 54% Cigarette Tax- - - - - - - - - - - - - 272,798 0% Gasoline Tax557,915 545,448 549,715 554,658 - - - - - - - - 2,207,736 5,829,152 38% Wheel Tax135,309 114,163 157,569 176,831 - - - - - - - - 583,872 2,100,000 28% PSCDA Tax265,657 224,381 103,144 272,388 - - - - - - - - 865,570 1,500,000 58% State Pension Subsidy- - - - - - - - - - - - - 10,578,999 0% Sub Total1,052,488 883,992 810,428 1,062,749 - - - - - - - - 3,809,658 25,263,896 15% Local Government Shared Revenue Hotel Motel Tax1,258,937 - - 200,000 - - - - - - - - 1,458,937 2,274,437 64% Grants Federal Grants397,089 527,201 2,683,009 527,979 - - - - - - - - 4,135,280 41,432,829 10% State Grants- 75,432 - 15,196 - - - - - - - - 90,628 568,343 16% Sub Total397,089 602,634 2,683,009 543,175 - - - - - - - - 4,225,907 42,001,172 10% Other Intergovernmental Staffing Agreements with County- 30,000 - - - - - - - - - - 30,000 30,000 100% Local Government Grants- - - - - - - - - - - - - 55,000 0% Federal Seized Drug- - 70,027 - - - - - - - - - 70,027 70,000 100% State Seized Drug- - - 741 - - - - - - - - 741 5,000 15%Sub Total- 30,000 70,027 741 - - - - - - - - 100,768 160,000 63%Total Intergovernmental Revenue 2,708,515 1,516,626 3,563,464 1,806,665 - - - - - - - - 9,595,270 69,699,505 14%Licenses & PermitsBusiness Business Licenses15,490 25,501 16,589 16,519 - - - - - - - - 74,098 104,025 71% Taxi Cab Licensing21 - 220 1,020 - - - - - - - - 1,261 2,300 55% Sub Total15,511 25,501 16,809 17,539 - - - - - - - - 75,359 106,325 71% Nonbusiness Lawn Parking180 45 560 132 - - - - - - - - 917 10,000 9% Engineering3,975 3,955 5,860 9,835 - - - - - - - - 23,625 156,100 15% Right-of-Way Closures- 100 350 100 - - - - - - - - 550 1,500 37% Park Food Sales Permit- 25 26 53 - - - - - - - - 104 - NA Fire Dept-Building Plan Review874 2,229 2,633 1,565 - - - - - - - - 7,301 24,000 30% Building Department98,526 86,698 141,787 131,717 - - - - - - - - 458,728 1,585,100 29% SBARC - Pet Licenses1,490 2,300 3,235 2,625 - - - - - - - - 9,650 37,000 26%Sub Total105,045 95,352 154,451 146,026 - - - - - - - - 500,875 1,813,700 28%Total Licenses & Permits120,555 120,853 171,260 163,566 - - - - - - - - 576,234 1,920,025 30%Period Ending: April 30, 202219 City of South BendRevenue by Type ReportYear to Date%Revenue TypeJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of BudgetPeriod Ending: April 30, 2022Charges for ServicesGeneral Government Plan Commission Charges800 100 300 250 - - - - - - - - 1,450 4,100 35% Copies of Public Records129 - 26 - - - - - - - - - 154 1,200 13% Historic Preserv Certificate of Approval 40 20 220 240 - - - - - - - - 520 2,000 26% IT Services- - - - - - - - - - - - - - NA Sub Total969 120 546 490 - - - - - - - - 2,124 7,300 29%Public Safety Accident Report Copies7,467 3,554 12,126 7,083 - - - - - - - - 30,229 81,000 37% Traffic Signal Maintenance8,511 10,921 - 11,855 - - - - - - - - 31,286 257,500 12% EMS Special Event Coverage- 4,740 49,122 6,248 - - - - - - - - 60,109 150,000 40% Regional Academy Tuition5,400 2,600 850 1,025 - - - - - - - - 9,875 20,000 49% River Rescue School Tuition19,405 (2,800) - 10,700 - - - - - - - - 27,305 90,000 30% Fire Training Center Tuition505 3,915 1,515 - - - - - - - - - 5,935 50,000 12% Emergency Medical Service261,028 254,111 364,083 292,212 - - - - - - - - 1,171,434 3,000,000 39% Medicaid Reimbursements- - - - - - - - - - - - - 443,000 0% EMS for County164,337 164,337 164,337 - - - - - - - - - 493,011 1,837,850 27% Hazmat Charges- - - - - - - - - - - - - 10,000 0% Police Special Event Coverage- - - - - - - - - - - - - 15,000 0% Crime Lab Services925 1,706 875 900 - - - - - - - - 4,406 10,000 44% EMS Late Payment Interest- 3,703 1,192 837 - - - - - - - - 5,732 15,000 38% Misc Revenue- - - - - - - - - - - - - 500 0% Sub Total467,578 446,786 594,100 330,860 - - - - - - - - 1,839,324 5,979,850 31% Culture & Recreation Morris Performing Arts Center22,058 24,638 191,643 66,611 - - - - - - - - 304,950 987,000 31% Palais Royale Ballroom4,720 20,484 11,463 17,143 - - - - - - - - 53,811 144,190 37% Parks & Recreation232,465 209,399 220,174 171,252 - - - - - - - - 833,290 3,196,581 26% Lease of Coveleski Stadium- - 274 - - - - - - - - - 274 25,000 1% Century Center68,058 136,585 196,809 199,327 - - - - - - - - 600,779 2,678,000 22% Sub Total327,302 391,106 620,363 454,333 - - - - - - - - 1,793,103 7,030,771 26% Highways & Streets Sale of Signs/Materials883 - - 1,270 - - - - - - - - 2,153 3,300 65% Special Events- - - - - - - - - - - - - 1,500 0% Sub Total883 - - 1,270 - - - - - - - - 2,153 4,800 45% Sanitation Trash Collection/Residential467,840 498,325 497,781 498,620 - - - - - - - - 1,962,567 5,504,876 36% Trash Collection/Commercial9,998 10,506 10,511 10,530 - - - - - - - - 41,545 124,680 33% Trash Collection/Apt 2 Units3,996 4,233 4,260 4,246 - - - - - - - - 16,734 51,950 32% Trash Collection/Apt 3 Units1,879 1,979 1,993 1,949 - - - - - - - - 7,799 23,897 33% Trash Collection/Apt 4 Units2,313 2,440 2,478 2,570 - - - - - - - - 9,802 29,092 34% Trash Collection/Seniors- - - - - - - - - - - - - 46,755 0% Trash Collection/Special Pickup1,580 1,700 2,080 2,940 - - - - - - - - 8,300 32,000 26% Trash Collection/Yard Waste Pickup40 10 90 60 - - - - - - - - 200 250 80% Misc/Additional Trash Totes(67) (90) (148) (189) - - - - - - - - (494) - NA Misc/Return Trip Customer Error1,130 880 1,390 1,080 - - - - - - - - 4,480 10,000 45% Misc/Contamination Fee- - - - - - - - - - - - - 500 0% Misc/Tote Replacement Fee350 598 450 650 - - - - - - - - 2,048 3,000 68% Misc/Trash Start Fee3,320 2,940 3,510 3,760 - - - - - - - - 13,530 48,000 28% Misc/Yard Waste Totes108 64 33 71,345 - - - - - - - - 71,549 523,200 14% Sub Total492,487 523,586 524,426 597,561 - - - - - - - - 2,138,060 6,398,200 33% 20 City of South BendRevenue by Type ReportYear to Date%Revenue TypeJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of BudgetPeriod Ending: April 30, 2022Charges for Services Utilities - Water Metered Sales/Residential655,684 645,891 632,796 633,323 - - - - - - - - 2,567,695 8,534,213 30% Metered Sales/Commercial188,023 185,869 194,028 193,806 - - - - - - - - 761,726 2,708,998 28% Metered Sales/Industrial25,906 25,142 31,102 28,122 - - - - - - - - 110,272 518,557 21% Metered Sales/Multi Family103,007 102,043 101,128 100,521 - - - - - - - - 406,699 1,294,174 31% Bulk Sales/Olive St- - - - - - - - - - - - - 7,476 0% Metered Sales/Institution11,203 11,968 10,909 10,412 - - - - - - - - 44,492 140,287 32% Public Fire Protection216,186 214,425 217,050 215,834 - - - - - - - - 863,495 2,726,802 32% Private Fire Protection37,837 37,666 37,801 37,676 - - - - - - - - 150,981 512,768 29% Sales to Public Authorities31,382 29,827 30,862 31,549 - - - - - - - - 123,619 302,036 41% Irrigation Sales710 152 849 3,453 - - - - - - - - 5,165 1,446,969 0% Other Water/Misc Service12,104 10,211 18,162 16,312 - - - - - - - - 56,789 497,154 11% Backflow Prevention Insp.16,800 12,500 13,825 14,675 - - - - - - - - 57,800 170,026 34% Water Main Extension- - - - - - - - - - - - - - NA Rents From Water Property- - - - - - - - - - - - - - NA Revenue From Cut Off Fees375 - 375 375 - - - - - - - - 1,125 5,000 23% Penalties (Forfeit Disc.)- - - - - - - - - - - - - 44,000 0% Water Leak Insurance85,216 93,374 88,566 88,540 - - - - - - - - 355,696 1,111,911 32% System Development Fee3,856 436 3,001 4,031 - - - - - - - - 11,323 210,000 5% Sub Total1,388,288 1,369,506 1,380,455 1,378,629 - - - - - - - - 5,516,878 20,230,371 27% Utilities - Sewage Metered Sales/Residential1,747,223 1,720,245 1,722,884 1,729,106 - - - - - - - - 6,919,458 20,052,148 35% Metered Sales/Commercial626,435 668,879 659,390 662,636 - - - - - - - - 2,617,340 7,576,499 35% Metered Sales/Industrial526,602 724,506 444,049 524,943 - - - - - - - - 2,220,100 5,401,760 41% Metered Sales/Multi Family251,249 305,370 260,575 258,684 - - - - - - - - 1,075,877 3,152,406 34% Metered Sales/Institution27,331 28,021 27,276 26,441 - - - - - - - - 109,070 299,645 36% Sales to Public Authority80,407 77,689 79,879 79,335 - - - - - - - - 317,310 1,124,666 28% Wholesale Meter/New Carlisle- - - - - - - - - - - - - 255,691 0% Penalties (Forfeit Disc.)- - - - - - - - - - - - - 340,283 0% Dumping Fees788 928 1,645 1,960 - - - - - - - - 5,320 23,001 23% Laboratory Service Fees- - - - - - - - - - - - - 1,560 0% Discharge Permit Fees500 1,250 2,500 - - - - - - - - - 4,250 5,720 74% System Development Fee8,296 1,083 17,899 7,683 - - - - - - - - 34,962 339,000 10% Sewer Repair Insurance47,219 51,667 49,076 49,112 - - - - - - - - 197,074 579,500 34% Sewer Repair Deductible8,086 9,218 8,434 10,614 - - - - - - - - 36,352 80,000 45% UAP Assistance Fee94,855 95,027 94,545 94,502 - - - - - - - - 378,930 840,000 45% UAP Credit (Contra)(35,000) (35,950) (37,322) (38,572) - - - - - - - - (146,843) (840,000) 17% RINS Credits- - - - - - - - - - - - - - NA Disconnect Program Fee- - - - - - - - - - - - - - NA Sub Total3,383,990 3,647,933 3,330,829 3,406,446 - - - - - - - - 13,769,199 39,231,879 35% Utilities - Other Storm Water Fees80,646 89,900 86,029 86,307 - - - - - - - - 342,883 1,147,200 30% Clean Air/ReLeaf (Leaf Pickup)36,205 40,005 37,726 37,730 - - - - - - - - 151,666 451,610 34% Sub Total116,851 129,904 123,755 124,038 - - - - - - - - 494,548 1,598,810 31% Organic Resources Yard Waste Drop-Off28,266 1,215 4,626 12,613 - - - - - - - - 46,721 95,501 49%Mulch/Compost Sales160 288 4,220 11,504 - - - - - - - - 16,172 70,070 23% Sub Total28,426 1,504 8,846 24,117 - - - - - - - - 62,893 165,571 38%21 City of South BendRevenue by Type ReportYear to Date%Revenue TypeJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of BudgetPeriod Ending: April 30, 2022Charges for Services Health - Animal Care & Control Pet Impound Reclaim Fee150 305 910 485 - - - - - - - - 1,850 6,300 29% Pet Adoption Fees1,422 1,546 2,469 2,504 - - - - - - - - 7,941 25,000 32% Pick Up Fees80 - - 80 - - - - - - - - 160 500 32% Pet Micro Chipping160 320 400 400 - - - - - - - - 1,280 3,600 36% Vet Expenses75 160 385 341 - - - - - - - - 961 3,100 31% Pet Euthanasia- 20 - - - - - - - - - - 20 100 20% Animal Surrenders860 640 1,000 1,100 - - - - - - - - 3,600 8,000 45% Cremation263 430 770 730 - - - - - - - - 2,193 2,200 100% Rabies Specimen Prep30 60 - 30 - - - - - - - - 120 500 24% Boarding- 240 30 60 - - - - - - - - 330 1,000 33% Sub Total3,040 3,721 5,964 5,730 - - - - - - - - 18,455 50,300 37% Other DCI Staff Contracts8,297 9,352 134,589 21,140 - - - - - - - - 173,377 1,438,326 12% Other Misc Charges for Services- - - - - - - - - - - - - 35,000 0% Parking-Garages70,942 69,500 79,946 49,726 - - - - - - - - 270,114 913,300 30% Parking-Century Center12,745 6,720 27,565 12,140 - - - - - - - - 59,170 100,000 59% Central Services-Internal Customers 651,692 617,253 792,125 764,995 - - - - - - - - 2,826,064 8,166,626 35% Central Services-External Customers 35,872 34,872 32,507 31,021 - - - - - - - - 134,272 469,375 29% Employee & Employer Assessments 1,379,185 1,360,234 1,370,480 1,356,714 - - - - - - - - 5,466,613 16,549,886 33% Sub Total2,158,732 2,097,930 2,437,212 2,235,736 - - - - - - - - 8,929,610 27,672,513 32%Total Charges for Services8,368,546 8,612,097 9,026,496 8,559,210 - - - - - - - - 34,566,348 108,370,365 32%Fines, Forfeitures, & FeesGeneral Ordinance Violation- - - - - - - - - - - - - 5,500 0% Bad Checks Fines- - 24 - - - - - - - - - 24 525 5% Court Fees- 1,640 50 - - - - - - - - - 1,690 10,000 17% Plan Commission Application Fee2,300 1,250 1,150 975 - - - - - - - - 5,675 23,250 24% Zoning Appeals Application Fee650 1,125 1,650 850 - - - - - - - - 4,275 11,250 38% Zoning Admin Fees1,400 1,200 1,400 1,100 - - - - - - - - 5,100 13,950 37% Zoning Admin Fines- - 100 - - - - - - - - - 100 - NA Tax Abatement Admin Fees- - 1,935 - - - - - - - - - 1,935 10,000 19% Test Filling Fees450 900 600 900 - - - - - - - - 2,850 2,000 143% Econ Dev-CDBG Loan Late Fees- - - - - - - - - - - - - - NA Sub Total4,800 6,115 6,909 3,825 - - - - - - - - 21,649 76,475 28%Code Enforcement Vacant Bldg Registration- 300 - 75 - - - - - - - - 375 12,900 3% Landlord Registration Fee- - - - - - - - - - - - - - NA Rental Unit Safety Fees750 250 750 850 - - - - - - - - 2,600 100,000 3% Demolition & Boarding358 771 301 1,452 - - - - - - - - 2,881 45,000 6% Collections698 - 5 598 - - - - - - - - 1,301 12,000 11% Environmental Violations2,952 9,265 5,315 8,016 - - - - - - - - 25,548 165,000 15% Ordinance Violation2,216 538 205 700 - - - - - - - - 3,659 27,500 13% Animal Ordinance Violation3,564 208 1,210 (2,867) - - - - - - - - 2,115 25,000 8% Forfeitures-Civil Penalties- 1,000 - - - - - - - - - - 1,000 117,500 1%Sub Total10,539 12,330 7,785 8,823 - - - - - - - - 39,478 504,900 8%ParkingStreet Parking Fines2,270 1,770 4,495 4,020 - - - - - - - - 12,555 52,500 24%22 City of South BendRevenue by Type ReportYear to Date%Revenue TypeJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of BudgetPeriod Ending: April 30, 2022Fines, Forfeitures, & FeesPublic Safety False Alarms Fine16,638 8,585 5,123 5,074 - - - - - - - - 35,420 80,000 44% Noise Ordinance103 170 179 170 - - - - - - - - 622 1,000 62% Curfew Violation- - - - - - - - - - - - - 200 0% Impound Towing Fees715 828 697 580 - - - - - - - - 2,820 10,000 28%Sub Total17,456 9,583 6,000 5,824 - - - - - - - - 38,863 91,200 43%Total Fines, Forfeitures, & Fees35,065 29,799 25,189 22,492 - - - - - - - - 112,545 725,075 16%Other IncomeMiscellaneous Revenue Miscellaneous Revenue746 76,520 6,636 12,847 - - - - - - - - 96,748 500,694 19% Sale of Scrap Metal- 2,082 1,773 1,542 - - - - - - - - 5,397 20,142 27% Bond Interest Rebate- - - 18,406 - - - - - - - - 18,406 80,242 23% Origination Fees4,840 31,243 - - - - - - - - - - 36,083 7,000 515% Loan Servicing Fees7,000 - 975 - - - - - - - - - 7,975 15,000 53% Sub Total12,586 109,844 9,383 32,794 - - - - - - - - 164,608 623,078 26% Bank Account Interest194,087 65,944 93,291 87,024 - - - - - - - - 440,346 1,610,736 27% Rental of Property5,416 14,663 10,932 1,947 - - - - - - - - 32,957 121,387 27% Donations584,444 183,567 92,351 808 - - - - - - - - 861,170 3,609,000 24% 3rd Party Revenue Cable TV Franchise Fees- 163,168 - - - - - - - - - - 163,168 700,000 23% Video Franchise Fees- 32,549 - - - - - - - - - - 32,549 135,000 24%Sub Total- 195,718 - - - - - - - - - - 195,718 835,000 23%Total Other Income796,533 569,737 205,957 122,572 - - - - - - - - 1,694,798 6,799,201 25%Reimbursements Miscellaneous Reimbursements5,303 131,228 63,936 18,650 - - - - - - - - 219,117 21,250 1031% Insurance Claim- - - - - - - - - - - - - 20,000 0% IT Services5,377 5,377 5,377 5,377 - - - - - - - - 21,508 64,525 33% Travel Reimbursement- - - - - - - - - - - - - 1,800 0% Lamppost Program- - - - - - - - - - - - - 8,000 0% Energy Rebates- - - 83,452 - - - - - - - - 83,452 45,000 185% Repair Reimbursement- 75 75 150 - - - - - - - - 300 20,000 2% Salary/Overtime Reimb6,230 8,645 12,188 3,117 - - - - - - - - 30,179 387,000 8% Diesel Tax Rebate- - - - - - - - - - - - - 50,000 0% Pharmacy Rebates133,067 198,064 20,416 70,512 - - - - - - - - 422,059 375,000 113% Morris Advertising Reimbursement- - 600 300 - - - - - - - - 900 - NA Sub Total149,977 343,389 102,591 181,557 - - - - - - - - 777,514 992,575 78% Departmental Reimbursements- - 4,916 - - - - - - - - - 4,916 245,441 2%Total Reimbursements149,977 343,389 107,508 181,557 - - - - - - - - 782,430 1,238,016 63%Other Sources Interfund Transfers & Fixed Cost Allocations Interfund Transfers In8,902,932 2,862,538 4,535,535 3,654,964 - - - - - - - - 19,955,969 51,371,560 39% PILOT3,039,663 - - - - - - - - - - - 3,039,663 6,079,325 50% Administration Cost Allocation752,500 752,500 752,500 752,500 - - - - - - - - 3,010,000 9,030,000 33% IT Cost Allocation801,684 801,684 801,684 801,684 - - - - - - - - 3,206,735 9,620,204 33% Liability Insurance Allocation280,417 280,417 280,417 280,417 - - - - - - - - 1,121,667 3,365,000 33% Payroll Cost Allocation216,811 216,811 216,811 216,811 - - - - - - - - 867,245 2,601,735 33% Facilities Management Allocation13,333 13,333 13,333 13,333 - - - - - - - - 53,333 160,000 33% Utility Customer Service Mgmt Allocation109,977 109,977 109,977 109,977 - - - - - - - - 439,909 1,319,726 33% Sub Total14,117,317 5,037,260 6,710,258 5,829,686 - - - - - - - - 31,694,520 83,547,550 38%23 City of South BendRevenue by Type ReportYear to Date%Revenue TypeJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of BudgetPeriod Ending: April 30, 2022Other SourcesSale of Assets Sale of Capital Assets- - - - - - - - - - - - - - NA Sale of Non-Capital Assets- - 23,500 - - - - - - - - - 23,500 - NA Sale of Property17,925 - - 4,156 - - - - - - - - 22,081 - NA Other Damage Reimbursement- - - - - - - - - - - - - - NA Vehicle Damage Reimbursement- - - - - - - - - - - - - - NA Hydrant Damage Reimbursement- - - - - - - - - - - - - 500 0% Sub Total17,925 - 23,500 4,156 - - - - - - - - 45,581 500 9116% Issuance of Debt Capital Lease Proceeds- - - 166,343 - - - - - - - - 166,343 7,722,345 2% Bond Proceeds- - 12,110,000 - - - - - - - - - 12,110,000 12,110,000 100% Premium on Bonds- - 283,690 - - - - - - - - - 283,690 283,690 100% Sub Total- - 12,393,690 166,343 - - - - - - - - 12,560,034 20,116,035 62% Refunds Refunds240,646 287 1,188 10,760 - - - - - - - - 252,881 - NA Specific Stop Loss234 3,927 - - - - - - - - - - 4,161 10,000 42% Utility Receipts Tax Refund- - - 10,160 - - - - - - - - 10,160 - NA Sub Total240,880 4,213 1,188 20,920 - - - - - - - - 267,202 10,000 2672% Other Sale of Property Held for Resale- - - - - - - - - - - - - - NA Interfund Loan - Principal Income6,000 220,397 - 6,000 - - - - - - - - 232,397 469,523 49% Interfund Loan - Interest Income- 26,267 - - - - - - - - - - 26,267 47,805 55% Other Loan - Principal Income26,498 10,533 97,475 50,764 - - - - - - - - 185,270 31,996 579% Other Loan - Interest Income13,593 23,271 23,876 - - - - - - - - - 60,740 152,300 40% Sub Total46,091 280,467 121,351 56,764 - - - - - - - - 504,674 701,624 72%Total Other Sources14,422,213 5,321,940 19,249,987 6,077,870 - - - - - - - - 45,072,011 104,375,709 43%Revenue Total29,076,752 18,989,788 34,825,209 19,409,280 - - - - - - - - 102,301,029 411,493,906 25%24 City of South BendExpenditures by ActivityYear to Date Amended %Division Fund Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of BudgetGeneral FundGeneral GovernmentMayor 101 75,328 83,108 85,770 112,241 - - - - - - - - 356,446 1,048,915 34%Community Initiatives101 28,850 228,309 78,411 84,036 - - - - - - - - 419,606 1,526,626 27%Community Police Review Office 101 - - - - - - - - - - - - - 103,199 0%Clerk101 46,576 41,333 42,787 68,038 - - - - - - - - 198,734 694,547 29%Common Council101 32,144 37,173 37,057 35,523 - - - - - - - - 141,898 724,941 20%General City101 67,500 8,329 1,154,152 41,001 - - - - - - - - 1,270,982 39,538,000 3%Controller' Office101 139,766 151,078 143,775 305,549 - - - - - - - - 740,167 2,569,304 29%Human Resources101 43,818 44,184 51,536 53,960 - - - - - - - - 193,498 957,327 20%Diversity & Inclusion101 38,739 36,167 38,464 41,421 - - - - - - - - 154,791 740,743 21%Human Rights101 31,753 32,791 28,191 38,866 - - - - - - - - 131,601 462,479 28%Legal101 101,032 110,529 106,648 150,076 - - - - - - - - 468,285 1,695,716 28%Sub Total605,508 773,000 1,766,790 930,711 - - - - - - - - 4,076,009 50,061,797 8%Public WorksEngineering101 229,205 230,682 222,892 299,976 - - - - - - - - 982,754 3,572,616 28%Sub Total229,205 230,682 222,892 299,976 - - - - - - - - 982,754 3,572,616 28%Public SafetyPolice101 2,437,107 2,264,379 2,350,301 2,936,898 - - - - - - - - 9,988,685 31,263,638 32%Crime Lab101 48,512 52,110 50,720 70,598 - - - - - - - - 221,940 869,889 26%Fire101 2,089,089 2,075,047 2,148,267 2,791,929 - - - - - - - - 9,104,332 26,372,790 35%EMS101 56,097 64,095 52,178 65,731 - - - - - - - - 238,100 843,828 28%Fire Training Center101 3,535 5,188 4,907 9,783 - - - - - - - - 23,412 123,630 19%Sub Total4,634,340 4,460,818 4,606,374 5,874,938 - - - - - - - - 19,576,471 59,473,774 33%Community InvestmentSustainability101 1,808 546 864 6,877 - - - - - - - - 10,095 101,458 10%Sub Total1,808 546 864 6,877 - - - - - - - - 10,095 101,458 10%Arts & CultureMorris Performing Arts Center101 606,600 6,248 18,653 1,332 - - - - - - - - 632,833 656,962 96%Palais Royale Ballroom101 18,879 15,936 22,663 14,606 - - - - - - - - 72,085 229,403 31%Sub Total625,479 22,184 41,316 15,938 - - - - - - - - 704,917 886,365 80%Total General Fund6,096,339 5,487,230 6,638,236 7,128,441 - - - - - - - - 25,350,246 114,096,009 22%Venues, Parks & ArtsParks & RecreationPark Administration201 84,642 86,965 89,965 110,763 - - - - - - - - 372,335 1,133,336 33%Park Maintenance201 606,620 558,304 565,318 662,295 - - - - - - - - 2,392,537 8,037,456 30%Golf Courses201 94,822 83,034 118,212 213,841 - - - - - - - - 509,909 1,839,260 28%Recreational Experiences201 281,368 187,364 209,056 230,371 - - - - - - - - 908,160 2,470,739 37%Community Programming201 19,885 16,938 19,915 18,438 - - - - - - - - 75,176 1,611,638 5%Development & Promotions201 107,817 49,551 65,886 87,779 - - - - - - - - 311,034 969,442 32%Park Projects & Capital201 46,375 41,431 9,639 80,550 - - - - - - - - 177,995 1,696,920 10%Potawatomi Zoo201 350,150 150 150 150 - - - - - - - - 350,601 701,803 50%Park Debt201 - 4,400 - - - - - - - - - - 4,400 5,000 88%Morris Palais Marketing273 74,852 - - - - - - - - - - - 74,852 100,000 75%Morris PAC Self-Promotion274 264,160 - - - - - - - - - - - 264,160 410,000 64%Coveleski Stadium Capital401 - 6,962 - - - - - - - - - - 6,962 25,715 27%Professional Sports Convention Dev. Area 413 - 664,810 263,005 63,210 - - - - - - - - 991,025 2,304,900 43%Morris PAC Improvement416 17,030 - 416,519 37,250 - - - - - - - - 470,799 8,475,984 6%Palais Historic Preservation450 - - - - - - - - - - - - - 35,000 0%Morris Performing Arts Center Operations 602 97,320 96,327 107,667 119,650 - - - - - - - - 420,963 1,683,579 25%Sub Total2,045,042 1,796,235 1,865,332 1,624,298 - - - - - - - - 7,330,907 31,500,773 23%Parking GaragesParking Enforcement60162 62 162 182 - - - - - - - - 466 1,038 45%Parking General Operations601 66,240 29,086 39,179 32,988 - - - - - - - - 167,493 579,121 29%Main Street Garage601 6,862 46,676 11,475 2,541 - - - - - - - - 67,554 309,407 22%Leighton Plaza Garage601 8,705 45,413 13,786 6,454 - - - - - - - - 74,357 271,422 27%Wayne Street Garage601 4,888 45,943 8,929 5,910 - - - - - - - - 65,670 252,507 26%Sub Total86,757 167,179 73,529 48,074 - - - - - - - - 375,540 1,413,495 27%Period Ending: April 30, 202225 City of South BendExpenditures by ActivityYear to Date Amended %Division Fund Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of BudgetPeriod Ending: April 30, 2022Century CenterCentury Center Operations 670 227,604 299,954 342,643 367,940 - - - - - - - - 1,238,141 4,094,958 30%Century Center Capital671 - - - - - - - - - - - - - 35,000 0%Century Center Energy Saving672 - - - 200,952 - - - - - - - - 200,952 402,368 50%Sub Total227,604 299,954 342,643 568,892 - - - - - - - - 1,439,093 4,532,326 32%Total Venues, Parks & Arts2,359,402 2,263,369 2,281,504 2,241,264 - - - - - - - - 9,145,540 37,446,594 24%Public SafetyPolice DepartmentPolice Seizures216 - - - - - - - - - - - - - 44,500 0%Curfew Violations218 13,888 - - - - - - - - - - - 13,888 18,799 74%Law Enforcement Education220 37,418 62,683 66,514 50,473 - - - - - - - - 217,088 523,568 41%Public Safety Local Income Tax - Police 249 488,040 488,040 488,040 732,060 - - - - - - - - 2,196,180 6,344,523 35%Police Take Home Vehicle278 - - - - - - - - - - - - - 50,000 0%Police Block Grant280 4,165 - - - - - - - - - - - 4,165 4,338 96%Police Grants292 26,716 - - - - - - - - - - - 26,716 26,716 100%Police Academy294 146,411 - - - - - - - - - - - 146,411 175,000 84%COPS MORE Grants295 24,566 - - - - - - - - - - - 24,566 145,808 17%Drug Enforcement299 - - - - - - - - - - - - - 28,500 0%K-9 Unit705 2,436 - - - - - - - - - - - 2,436 2,520 97%Sub Total743,640 550,723 554,554 782,533 - - - - - - - - 2,631,450 7,364,273 36%Fire DepartmentPublic Safety Local Income Tax - Fire 249 488,040 488,040 488,040 732,060 - - - - - - - - 2,196,180 6,344,524 35%Fire Department Capital287 567,083 - - - - - - - - - - - 567,083 6,798,339 8%Haz-Mat289 - - - - - - - - - - - - - 10,000 0%Indiana River Rescue291 6,946 22,300 7,181 3,339 - - - - - - - - 39,766 99,359 40%Sub Total1,062,069 510,340 495,221 735,399 - - - - - - - - 2,803,029 13,252,222 21%Total Public Safety1,805,709 1,061,063 1,049,776 1,517,931 - - - - - - - - 5,434,479 20,616,495 26%Public WorksStreetsMotor Vehicle Highway202 1,398,252 764,390 781,157 955,629 - - - - - - - - 3,899,427 11,823,651 33%Local Road & Street251 20,092 2,268 110,904 458,466 - - - - - - - - 591,730 3,656,900 16%LOIT 2016 Special Distribution257 - - - - - - - - - - - - - 56,950 0%Local Road & Bridge Grant265 - 197,847 - 12,698 - - - - - - - - 210,545 2,923,443 7%MVH Restricted Fund266 37,790 7,307 478,294 27,213 - - - - - - - - 550,605 5,097,306 11%Major Moves412 - 867 43,822 - - - - - - - - - 44,689 1,789,238 2%Project ReLeaf655 38,751 29,271 65,638 29,323 - - - - - - - - 162,983 449,708 36%Sub Total1,494,885 1,001,950 1,479,815 1,483,328 - - - - - - - - 5,459,979 25,797,196 21%Solid WasteSolid Waste Operations610 655,522 626,031 1,153,359 689,386 - - - - - - - - 3,124,297 7,106,763 44%Solid Waste Capital611 203,562 - 758,270 76,259 - - - - - - - - 1,038,091 3,333,296 31%Sub Total859,084 626,031 1,911,629 765,645 - - - - - - - - 4,162,388 10,440,059 40%Water WorksWater Works Operations620 2,704,987 1,726,045 2,459,159 1,833,043 - - - - - - - - 8,723,233 24,213,606 36%Water Works Capital622 76,443 54,469 116,951 54,685 - - - - - - - - 302,547 12,735,287 2%Water Works Sinking (Debt Service) 625 - 500 - - - - - - - - - - 500 2,662,430 0%Sub Total2,781,430 1,781,014 2,576,110 1,887,727 - - - - - - - - 9,026,281 39,611,323 23%Wastewater/Sewer/Organic ResourcesSewer Repair Insurance640 53,257 53,984 139,898 72,885 - - - - - - - - 320,024 753,069 42%Sewer Division641 542,054 435,590 1,970,000 489,545 - - - - - - - - 3,437,188 7,989,049 43%Concrete Crew641 46,554 43,557 38,540 47,380 - - - - - - - - 176,032 557,985 32%Wastewater Operations641 4,632,060 2,192,494 2,272,603 2,408,207 - - - - - - - - 11,505,363 35,630,625 32%Organic Resources641 165,677 74,217 100,962 140,757 - - - - - - - - 481,613 1,548,840 31%Sewage Works Capital642 - - 726,313 1,441,592 - - - - - - - - 2,167,905 14,614,348 15%Sewage Works Sinking (Debt Service) 649 1,100 - 28,000 750 - - - - - - - - 29,850 11,107,089 0%Sub Total5,440,702 2,799,843 5,276,316 4,601,115 - - - - - - - - 18,117,976 72,201,004 25%26 City of South BendExpenditures by ActivityYear to Date Amended %Division Fund Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of BudgetPeriod Ending: April 30, 2022Storm Water FeesStorm Sewer Fund 667 2,385 10,083 86,430 878 - - - - - - - - 99,776 2,271,456 4%Sub Total2,385 10,083 86,430 878 - - - - - - - - 99,776 2,271,456 4%Total Public Works10,578,486 6,218,919 11,330,299 8,738,694 - - - - - - - - 36,866,399 150,321,038 25%Department of Community InvestmentStudebaker/Oliver Revitalizing Grant 209 - - 2,717 2,064 - - - - - - - - 4,781 262,443 2%Economic Development State Grants 210 - 5,649 4,332 82,625 - - - - - - - - 92,607 595,236 16%DCI Operating 211 254,919 275,336 284,453 424,061 - - - - - - - - 1,238,769 5,759,541 22%DCI Grants212 74,337 82,586 194,358 238,384 - - - - - - - - 589,665 9,443,375 6%Unsafe Building219 700 1,510 - 3,440 - - - - - - - - 5,650 23,000 25%Rental Units Regulation221 10,065 11,650 9,127 7,930 - - - - - - - - 38,772 450,794 9%Neighborhood Services & Enforcement 230 234,472 186,104 198,925 239,355 - - - - - - - - 858,856 3,881,606 22%Animal Resource Center230 67,272 68,101 76,129 107,834 - - - - - - - - 319,336 1,132,829 28%UDAG410 6,000 - - 6,000 - - - - - - - - 12,000 24,000 50%Building Dept Operations600 173,560 143,680 146,873 185,990 - - - - - - - - 650,103 2,046,854 32%Industrial Revolving Fund754 123,432 2,272,544 441,050 75,093 - - - - - - - - 2,912,118 4,918,709 59%Total Dept of Community Investment944,756 3,047,161 1,357,964 1,372,777 - - - - - - - - 6,722,657 28,538,385 24%Liability InsuranceBusiness Insurance226 38,439 24,555 - 597 - - - - - - - - 63,591 1,230,000 5%Liability Insurance226 4,030 13,597 52,521 23,093 - - - - - - - - 93,242 3,001,754 3%Workers Compensation226 218,111 1,581 253,259 (79,565) - - - - - - - - 393,386 1,268,000 31%Catastrophic Events226 364 115 - - - - - - - - - - 479 103,324 0%Total Liability Insurance260,944 39,848 305,780 (55,875) - - - - - - - - 550,698 5,603,078 10%Central ServicesEquipment Services222 763,846 748,148 701,554 935,944 - - - - - - - - 3,149,492 7,945,303 40%Radio Shop222 15,590 14,629 14,783 19,617 - - - - - - - - 64,619 283,073 23%Building Maintenance222 12,506 11,754 7,862 5,180 - - - - - - - - 37,302 221,091 17%Facilities Management222 14,890 6,925 6,557 6,557 - - - - - - - - 34,928 181,838 19%Central Services Capital222 - 2,256 - 26,750 - - - - - - - - 29,006 242,425 12%Total Central Services806,831 783,711 730,755 994,048 - - - - - - - - 3,315,346 8,873,729 37%Capital & Debt Service Funds2017 Park Bond Debt Service312 572,683 - - - - - - - - - - - 572,683 1,169,368 49%2018 Fire Station #9 Debt Service 350 172,866 - - - - - - - - - - - 172,866 344,157 50%Local Income Tax - Certified Shares 404 1,470,173 1,635,497 801,893 688,487 - - - - - - - - 4,596,051 17,181,584 27%Cumulative Capital Development 406 40,076 11,974 11,974 60,515 - - - - - - - - 124,539 512,428 24%Cumulative Capital Improvement 407 19,946 19,945 19,945 25,947 - - - - - - - - 85,783 489,341 18%Local Income Tax - Economic Develop. 408 889,690 734,084 1,029,366 797,333 - - - - - - - - 3,450,474 26,707,859 13%2018 Fire Station #9 Bond Capital 451 - - - - - - - - - - - - - - NA 2022 Zoo Bond Capital453 - - 318,188 - - - - - - - - - 318,188 5,891,800 5%2021 Infrastructure Bond Capital455 - 33,466 170,828 79,445 - - - - - - - - 283,738 3,815,260 7%2017 Park Bond Capital471 - 111,492 68,518 35,501 - - - - - - - - 215,512 4,264,527 5%Equipment / Vehicle Leasing750 - - 347,697 - - - - - - - - - 347,697 347,697 100%Redevelopment Authority Debt Service 752 - 1,231,178 - - - - - - - - - - 1,231,178 3,044,328 40%South Bend Building Corporation 755 - 1,388,778 - - - - - - - - - - 1,388,778 2,751,956 50%2015 Smart Streets Bond Debt Service 756 - 853,784 - 1,650 - - - - - - - - 855,434 1,711,694 50%2015 Park Bond Debt Service757 - 187,141 - - - - - - - - - - 187,141 372,557 50%2017 Eddy St. Commons Bond Capital 759 - - - - - - - - - - - - - - NA 2017 Eddy St. Commons Bond Debt 760 - 962,625 - - - - - - - - - - 962,625 1,926,375 50%Total Capital & Debt Service3,165,433 7,169,965 2,768,409 1,688,878 - - - - - - - - 14,792,684 70,530,931 21%27 City of South BendExpenditures by ActivityYear to Date Amended %Division Fund Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of BudgetPeriod Ending: April 30, 2022OtherInternal Service FundsIT / Innovation /311 Call Center 279 796,631 859,083 942,872 588,074 - - - - - - - - 3,186,659 10,643,243 30%Self-Funded Employee Benefits711 1,355,367 1,263,751 1,489,383 1,246,889 - - - - - - - - 5,355,390 18,399,864 29%Unemployment Compensation713 611 1,625 5,072 683 - - - - - - - - 7,991 80,000 10%Parental Leave714 6,041 9,818 7,200 6,645 - - - - - - - - 29,704 253,846 12%Sub Total2,158,649 2,134,277 2,444,527 1,842,290 - - - - - - - - 8,579,743 29,376,953 29%MiscellaneousGift, Donation, Bequest217 16,100 51,404 16,192 26,520 - - - - - - - - 110,215 650,289 17%Loss Recovery227 - - - - - - - - - - - - - - NA Human Rights Federal Grants258 14,958 15,083 19,199 20,837 - - - - - - - - 70,077 248,783 28%American Rescue Plan263 1,859,986 28,704 5,240 65,650 - - - - - - - - 1,959,580 13,510,000 15%COVID-19 Response264 57,024 41,280 72,156 26,081 - - - - - - - - 196,542 790,735 25%Sub Total1,948,068 136,471 112,787 139,088 - - - - - - - - 2,336,414 15,199,807 15%Fiduciary FundsFire Pension701 344,630 342,637 340,526 340,863 - - - - - - - - 1,368,657 4,583,888 30%Police Pension702 504,789 504,920 502,540 502,830 - - - - - - - - 2,015,080 6,057,740 33%Sub Total849,419 847,558 843,066 843,693 - - - - - - - - 3,383,736 10,641,628 32%Total Other4,956,137 3,118,306 3,400,380 2,825,071 - - - - - - - - 14,299,894 55,218,388 26%Total Civil City30,974,038 29,189,572 29,863,104 26,451,229 - - - - - - - - 116,477,944 491,244,646 24%Redevelopment Commission Controlled FundsTax Increment Financing FundsTIF River West Development Area 324 4,399,775 339,849 624,965 283,199 - - - - - - - - 5,647,789 23,506,292 24%TIF West Washington422 - - - - - - - - - - - - - 228,561 0%TIF River East Development Area 429 27,053 83,420 118,016 17,856 - - - - - - - - 246,345 6,078,801 4%TIF Southside Development #1430 51,507 1,494 6,950 2,351 - - - - - - - - 62,301 7,611,164 1%TIF Douglas Road435 178,553 - - - - - - - - - - - 178,553 254,036 70%TIF River East Residential Area436 2,195,625 246,664 - - - - - - - - - - 2,442,289 4,921,704 50%Sub Total6,852,513 671,427 749,932 303,406 - - - - - - - - 8,577,278 42,600,558 20%Redevelopment FundsRedevelopment General433 110,000 3,675 1,750 1,750 - - - - - - - - 117,175 991,283 12%Certified Technology Park439 - - - - - - - - - - - - - - NA 2018 TIF Park Bond Capital452 - - - - - - - - - - - - - 2,389,024 0%Airport Urban Enterprise Zone454 - - - - - - - - - - - - - - NA Sub Total110,000 3,675 1,750 1,750 - - - - - - - - 117,175 3,380,307 3%Debt Service Funds2019 South Shore Double Tracking Res. 352 - 516,625 - - - - - - - - - - 516,625 1,029,750 50%2020 TIF Library Bond Debt Reserve 353 - 8 - - - - - - - - - - 8 - NA Sub Total- 516,633 - - - - - - - - - - 516,633 1,029,750 50%Total Redevelopment Funds6,962,513 1,191,735 751,682 305,156 - - - - - - - - 9,211,086 47,010,614 20%Total Expenditures37,936,551 30,381,307 30,614,786 26,756,386 - - - - - - - - 125,689,030 538,255,260 23%28 Civil City DebtCapital Leases158 2017 Vehicle/Equip Lease No. 1 2017 N/A 2022 Various Biannual 2,916,500 610,788 - 610,788 9,512 620,300 - 162 2017 Vehicle/Equip Lease No. 2 2017 N/A 2022 404 Biannual 1,632,000 339,059 - 339,059 4,951 344,011 - 167 2017 HP Computer Lease 15 2018 N/A 2022 279 Monthly 9,698 1,033 - 1,033 6 1,040 - 170 2018 HP Computer Lease 172018 N/A 2022 279 Monthly 9,092 1,481 - 1,481 21 1,502 - 171 2018 Vehicle/Equip Lease #1 (PNC) Sched 12018 N/A 2023 Various Biannual 5,898,310 1,861,369 - 1,231,772 40,539 1,272,311 629,597 173 2018 Canon Copier Leases 1 & 22018 N/A 2023 279 Monthly 297,967 103,126 - 63,768 3,708 67,476 39,358 174 2018 HP Computer Lease 182018 N/A 2022 279 Monthly 214,471 49,194 - 49,194 1,181 50,375 - 177 2018 Vehicle/Equip Lease #22018 N/A 2023 Various Biannual 522,878 217,002 - 106,781 6,089 112,870 110,221 178 2018 Fitness Equipment Lease2018 N/A 2023 201 Annual 205,473 84,925 - 41,164 5,359 46,522 43,761 180 2018 HP Computer Lease 192018 N/A 2023 279 Monthly 36,860 11,894 - 11,894 377 12,272 - 181 2019 Dell Computer Equipment Lease2019 N/A 2022 279 Biannual 7,984 1,704 - 1,704 123 1,827 - 182 2019 Vehicle/Equip Lease #12019 N/A 2024 Various Biannual 1,472,985 755,651 - 297,131 15,545 312,676 458,520 183 2018 Golf Cart Lease2018 N/A 2022 201 Annual 146,287 32,180 - 32,180 1,609 33,789 - 184 2019 Dell Computer Equipment Lease 22019 N/A 2023 279 Annual 51,468 21,695 - 10,654 788 11,442 11,041 185 2019 AT&T Lease 52019 N/A 2022 279 Monthly 17,310 1,543 - 1,543 13 1,556 - 186 2019 Golf Cart Lease2019 N/A 2023 201 Annual 168,970 72,569 - 35,399 3,628 39,028 37,169 187 2018 HP Computer Lease 212019 N/A 2023 279 Monthly 237,388 123,173 - 54,540 4,905 59,445 68,633 188 2019 AT&T Lease 62019 N/A 2022 279 Monthly 8,755 1,295 - 1,295 16 1,311 - 189 2019 AT&T Lease 72019 N/A 2022 279 Monthly 5,400 799 - 799 10 809 - 190 2019 Canon Copier Lease 32019 N/A 2023 279 Monthly 5,584 2,350 - 1,255 89 1,344 1,095 191 2019 Canon Copier Lease 42019 N/A 2023 279 Monthly 3,514 1,422 - 885 51 936 537 192 2019 Canon Copier Lease 52019 N/A 2023 279 Monthly 9,249 3,686 - 2,427 129 2,556 1,260 193 2019 Canon Copier Lease 62019 N/A 2023 279 Monthly 11,464 5,056 - 2,983 185 3,168 2,073 194 2019 Dell Equipment Lease 3 (Fire)2019 N/A 2023 279 Annual 3,800 1,629 - 795 79 874 834 196 2019 HP Computer Lease 202019 N/A 2023 279 Monthly 24,205 13,031 - 5,604 554 6,159 7,426 197 2019 Lease of SmartNet & VOIP2019 N/A 2022 279 Annual 286,353 97,347 - 97,347 1,947 99,294 - 198 2019 AT&T Lease 82019 N/A 2022 279 Monthly 6,034 1,940 - 1,940 49 1,989 - 199 2019 AT&T Lease 92019 N/A 2022 279 Monthly 10,059 2,923 - 2,923 57 2,980 - 201 2020 Dell Computer Equipment Lease 4 2020 N/A 2024 279 Annual 33,000 19,737 - 6,129 1,414 7,543 13,608 202 2020 HP Computer Lease 222020 N/A 2024 279 Monthly 39,800 22,899 - 8,976 877 9,853 13,923 203 2020 VLocker Equipment Lease Purchase2020 N/A 2025 201 Annual 86,961 62,126 - 12,814 1,313 14,126 49,312 204 2020 AT&T Lease 102020 N/A 2023 279 Monthly 18,103 7,872 - 6,258 250 6,508 1,614 205 2020 Dell Computer Equipment Lease 5 2020 N/A 2024 279 Annual 11,455 6,851 - 2,128 491 2,618 4,723 206 2020 HP Computer Lease 232020 N/A 2024 279 Monthly 29,652 18,635 - 6,616 567 7,184 12,019 207 2020 Dell Computer Equipment Lease 62020 N/A 2023 279 Annual 217,111 108,453 - 53,049 4,817 57,865 55,405 208 2020 Canon Copier Lease 72020 N/A 2023 279 Monthly 3,575 1,836 - 1,213 47 1,260 623 209 2020 Vehicle/Equip Lease #12020 N/A 2025 Various Biannual 6,156,108 4,946,981 - 1,216,287 51,546 1,267,832 3,730,694 211 2020 Canon Copier Lease 82020 N/A 2023 279 Monthly 5,625 3,312 - 2,068 92 2,160 1,244 213 2021 Canon Copier Lease 92021 N/A 2023 279 Monthly 2,566 1,845 - 1,025 103 1,128 820 214 2021 Network Solutions Cisco Infrastructure Lease2021 N/A 2025 279 Annual 900,000 682,171 - 164,926 15,260 180,186 517,245 216 2021 Dell Computer Equipment Lease 72021 N/A 2025 279 Annual 529,046 415,089 - 97,963 15,994 113,957 317,125 217 2021 Dell Computer Equipment Lease 82021 N/A 2024 279 Annual 214,222 157,550 - 50,517 6,155 56,672 107,032 218 2021 Vehicle/Equip Lease #12021 N/A 2026 Various Biannual 3,691,270 3,691,270 - 728,432 28,501 756,933 2,962,838 220 2022 IT Networking Equipment Lease2022 N/A 2026 279 Annual 166,343 - 166,343 39,571 527 40,098 126,773 Total City Capital Lease Debt26,324,891 14,566,490 166,343 5,406,309 229,474 5,635,784 9,326,524 Bonds25 2012 Water Works Refunding Revenue Bonds2002 2012 2023 625 Biannual 5,975,000 425,000 - 425,000 8,500 433,500 - 39 2012 Bldg Corp Mortgage Refunding Bonds (Fire/Police Bldgs) 2003 2012 2023 755 Biannual 21,335,000 2,250,000 - 1,480,000 75,000 1,555,000 770,000 69 2009 Water Works Revenue Bonds, Series B2009 2019 2030 625 Biannual 2,814,257 2,814,257 - 124,257 161,117 285,374 2,690,000 City of South BendFiscal Year 2022Outstanding DebtDebtSched.Debt InstrumentYear ofIssueYear ofRefinanceYear ofMaturityFundNo.2022 TotalDebt PaymentsDebt at12/31/22PmtsAmountIssuedDebt at1/1/222022Additions2022Principal2022Interest29 City of South BendFiscal Year 2022Outstanding DebtDebtSched.Debt InstrumentYear ofIssueYear ofRefinanceYear ofMaturityFundNo.2022 TotalDebt PaymentsDebt at12/31/22PmtsAmountIssuedDebt at1/1/222022Additions2022Principal2022Interest80 2020 Sewage Works Revenue Bonds Refunding 20102010 2020 2030 649 Biannual 4,830,000 4,290,000 - 405,000 171,600 576,600 3,885,000 99 2012 Water Works Revenue Bonds2012 N/A 2033 625 Biannual 8,300,000 5,080,000 - 395,000 167,236 562,236 4,685,000 101 2012 Sewage Works Revenue Bonds 2012 N/A 2032 649 Biannual 25,000,000 15,390,000 - 1,185,000 376,680 1,561,680 14,205,000 105 2013A Sewage Works Refunding Revenue Bonds2013 N/A 2024 649 Biannual 14,765,000 2,110,000 - 690,000 40,934 730,934 1,420,000 116 2013 Bldg Corp Mortgage Bonds (Fire St #5 & Training Tower) 2013 N/A 2033 755 Biannual 5,580,000 3,970,000 - 255,000 141,780 396,780 3,715,000 133 2014 St. Joseph County PSAP Revenue Bonds2014 N/A 2034 408 Monthly 2,657,697 1,738,897 - 143,699 55,725 199,423 1,595,199 141 2015 Redev Authority Lease Rental Revenue Bonds (Parks) 2015 N/A 2035 757 Biannual 5,605,000 4,310,000 - 230,000 142,556 372,556 4,080,000 145 2015 Sewage Works Refunding Bonds2015 N/A 2025 649 Biannual 27,440,000 11,720,000 - 2,835,000 234,400 3,069,400 8,885,000 156 2016 Waterworks Refunding Bonds2016 N/A 2027 625 Biannual 3,300,000 1,500,000 - 280,000 45,000 325,000 1,220,000 163 2017 Taxable Econ. Develop. Revenue Bonds (Eddy St Phase II) 2017 N/A 2037 760 Biannual 25,000,000 24,305,000 - 720,000 1,206,375 1,926,375 23,585,000 165 2017 Park District Bonds, Series 2017A-K2017 N/A 2033 312 Biannual 14,075,000 11,345,000 - 830,000 339,365 1,169,365 10,515,000 168 2018 General Obligation Bonds (Fire St #9 & Training Classroom) 2018 N/A 2038 287 Biannual 5,045,000 4,400,000 - 210,000 134,156 344,156 4,190,000 175 2018 Econ. Develop. Revenue Bonds (Potawatomi Zoo)2018 N/A 2034 408 Biannual 3,440,000 3,000,000 - 190,000 142,100 332,100 2,810,000 215 2021 Bldg Corp LIT Lease Rental Revenue Bonds (Infrastructure) 2021 N/A 2036 755 Biannual 7,610,000 7,460,000 - 340,000 265,700 605,700 7,120,000 219 2021 Sewage Works Refunding Revenue Bonds (Ref 2009 & 2011) 2021 N/A 2031 649 Biannual 12,450,000 12,335,000 - 1,160,000 384,150 1,544,150 11,175,000 221 2022 Morris Performing Arts Center Revenue Bonds2022 N/A 2046 752 Biannual 6,395,000 - 6,395,000 105,000 80,046 185,046 6,290,000 222 2022 Economic Develop Revenue Bonds (Zoo Project)2022 N/A 2042 755 Biannual 5,715,000 - 5,715,000 120,000 69,476 189,476 5,595,000 Total City Bond Debt207,331,953 118,443,154 12,110,000 12,122,955 4,241,897 16,364,852 118,430,199 Interfund Loan82 2010 Interfund Loan from Fund 404 to UDAG Fund 4102010 N/A 2026 410 Biannual 2,700,000 356,253 - 24,000 - 24,000 332,253 84 2013 Major Moves-Triangle Development Interfund Loan2011 2013 2029 436 Biannual 1,558,050 836,359 - 104,686 16,206 120,892 731,674 85 2013 Major Moves-Eddy Street Commons Interfund Loan2011 2013 2026 436 Biannual 3,942,529 716,123 - 340,838 31,598 372,436 375,285 Total City Interfund Loan Debt8,200,579 1,908,735 - 469,523 47,805 517,328 1,439,212 Loan Payable68 2009 Water Works Improvements - State Revolving Fund2009 N/A 2030 625 Biannual 427,400 220,712 - 24,682 7,438 32,120 196,030 139 2015 Century Center Energy QECB Conservation Bond2015 N/A 2031 672 Biannual 4,167,897 3,079,026 - 297,175 105,192 402,367 2,781,851 Total City Loan Payable Debt4,595,297 3,299,738 - 321,857 112,630 434,487 2,977,881 Total Civil City Debt246,452,720 138,218,117 12,276,343 18,320,645 4,631,806 22,952,451 132,173,815 Redevelopment Commission DebtCapital Leases13 2006 Main/Colfax Garage - Transpo Lease (Parking Garage Purch) 2006 N/A 2025 324 Biannual 2,510,278 717,014 - 166,202 33,798 200,000 550,812 Total Redevelopment Capital Lease Debt2,510,278 717,014 - 166,202 33,798 200,000 550,812 Revenue Bonds5 2011A Indiana Bond Bank Special Program Bonds (TIF A) 2003 2011 2024 324 Biannual 19,795,000 5,265,000 - 1,670,000 248,847 1,918,847 3,595,000 6 2011A Indiana Bond Bank Special Program Bonds (TIF B)2003 2011 2024 324 Biannual 14,420,000 3,000,000 - 950,000 141,794 1,091,794 2,050,000 54 2015 Redev Authority Lease Rental Revenue Refunding Bonds 2008 2015 2027 436 Biannual 36,000,000 23,015,000 - 1,585,000 882,856 2,467,856 21,430,000 62 2013 Redev Authority Lease Rental Revenue Refunding Bonds 2008 2013 2026 324 Biannual 4,655,000 1,585,000 - 340,000 46,425 386,425 1,245,000 135 2015 Redev Authority Lease Rental Revenue Bonds (Smart Streets) 2015 N/A 2037 324 Biannual 25,000,000 20,600,000 - 1,060,000 649,694 1,709,694 19,540,000 169 2018 Redev District Revenue Bonds (Parks Improvements) 2018 N/A 2033 324 Biannual 11,995,000 9,570,000 - 705,000 281,850 986,850 8,865,000 200 2019 South Shore Double Tracking Bonds2019 N/A 2030 324 Biannual 7,985,000 7,065,000 - 685,000 344,750 1,029,750 6,380,000 210 2020 TIF Library Bonds2020 N/A 2037 324 Biannual 4,225,000 4,150,000 - 220,000 106,015 326,015 3,930,000 Total Redevelopment Revenue Bond Debt124,075,000 74,250,000 - 7,215,000 2,702,230 9,917,230 67,035,000 Total Redevelopment Commission Debt126,585,278 74,967,014 - 7,381,202 2,736,028 10,117,230 67,585,812 Total Debt373,037,998 213,185,131 12,276,343 25,701,847 7,367,835 33,069,682 199,759,627 30 City of South BendStaffing HeadcountFull-Time Staffing Summary by FundBudget Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec101 - General FundMayor's Office 8 9 9 9 8 - - - - - - - - Community Initiatives6 4 4 5 5 - - - - - - - - Community Police Review Board 1 - - - - - - - - - - - - City Clerk5 3 4 5 3 - - - - - - - - Common Council9 9 9 9 9 - - - - - - - - Controller's Office21 17 17 17 17 - - - - - - - - Human Resources8 5 5 4 2 - - - - - - - - Diversity & Inclusion3 3 3 3 1 - - - - - - - - Human Rights4 4 3 3 4 - - - - - - - - Legal Department13 10 9 11 11 - - - - - - - - Engineering25 23 23 23 22 - - - - - - - - Police Department276 270 260 257 265 - - - - - - - - Police Crime Lab7 6 6 6 5 - - - - - - - - Fire Department265 251 243 247 249 - - - - - - - - EMS4 4 4 4 4 - - - - - - - - 655 618 599 603 605 - - - - - - - - 201 - Parks & RecreationAdministration5 5 6 6 6 - - - - - - - - Maintenance43 43 47 46 45 - - - - - - - - Golf Courses9 7 7 7 7 - - - - - - - - Recreational Experiences10 10 10 10 10 - - - - - - - - Community Programming14 11 7 7 7 - - - - - - - - Development & Promotions7 7 6 7 7 - - - - - - - - 88 83 83 83 82 - - - - - - - - 202 - Motor Vehicle HighwayStreets/Traffic & Lighting 51 52 50 52 50 - - - - - - - - Curb & Sidewalk8 7 8 8 8 - - - - - - - - 59 59 58 60 58 - - - - - - - - 211 - Dept of Community Investment OperatingCommunity Investment37 28 28 28 27 - - - - - - - - Historic Preservation2 2 2 2 2 - - - - - - - - Office of Sustainability2 1 1 1 1 - - - - - - - - 41 31 31 31 30 - - - - - - - - April 30, 202231 City of South BendStaffing HeadcountApril 30, 2022Full-Time Staffing Summary by FundBudget Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec221 - Rental Units RegulationRental Unit Inspection5 2 1 1 1 - - - - - - - - 222 - Central ServicesEquipment Services31 26 26 26 24 - - - - - - - - Radio Shop3 2 2 2 2 - - - - - - - - Building Maintenance3 2 1 - - - - - - - - - - Facilities Management1 - - - - - - - - - - - - 38 30 29 28 26 - - - - - - - - 230 - Code Enforcement FundNeighborhood Services20 20 20 19 19 - - - - - - - - Animal Resource Center9 7 8 9 8 - - - - - - - - 29 27 28 28 27 - - - - - - - - 258 - Human Rights Federal GrantsEEOC1 1 1 1 1 - - - - - - - - HUD1 1 1 1 1 - - - - - - - - 2 2 2 2 2 - - - - - - - - 279 - IT / Innovation / 311 Call Center311 Call Center8 8 8 8 8 - - - - - - - - Innovation & Technology24 22 21 21 21 - - - - - - - - 32 30 29 29 29 - - - - - - - - 600 - Consolidated Building FundBuilding Department16 15 15 15 14 - - - - - - - - 602 - Morris Performing Arts Center OperationsMorris Performing Arts Center9 9 8 6 5 - - - - - - - - 610 - Solid WasteSolid Waste25 23 24 24 24 - - - - - - - - 620 - Water WorksWater Works68 62 61 62 59 - - - - - - - - 640 - Sewer InsuranceSewer Repair2 2 2 2 2 - - - - - - - - 32 City of South BendStaffing HeadcountApril 30, 2022Full-Time Staffing Summary by FundBudget Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec641 - Sewage Works Sewers 35 36 34 33 32 - - - - - - - - Concrete Crew4 5 4 4 4 - - - - - - - - Wastewater44 39 42 42 41 - - - - - - - - Organic Resources6 6 6 6 6 - - - - - - - - 89 86 86 85 83 - - - - - - - - 670 - Century CenterCentury Center7 5 5 5 5 - - - - - - - - Total Full-Time Employees by Fund1,165 1,084 1,061 1,064 1,052 - - - - - - - - Full-Time Staffing Summary by ActivityBudget Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecGeneral GovernmentMayor's Office 8 9 9 9 8 - - - - - - - - Community Initiatives6 4 4 5 5 - - - - - - - - City Clerk5 3 4 5 3 - - - - - - - - Community Police Review Board 1 - - - - - - - - - - - - Common Council9 9 9 9 9 - - - - - - - - Controller's Office21 17 17 17 17 - - - - - - - - Human Resources8 5 5 4 2 - - - - - - - - Diversity & Inclusion3 3 3 3 1 - - - - - - - - Human Rights6 6 5 5 6 - - - - - - - - Legal Department13 10 9 11 11 - - - - - - - - Central Services38 30 29 28 26 - - - - - - - - 118 96 94 96 88 - - - - - - - - Public WorksEngineering25 23 23 23 22 - - - - - - - - Streets & Sewers100 102 98 99 96 - - - - - - - - Solid Waste25 23 24 24 24 - - - - - - - - Wastewater44 39 42 42 41 - - - - - - - - Organic Resources6 6 6 6 6 - - - - - - - - Water Works68 62 61 62 59 - - - - - - - - 268 255 254 256 248 - - - - - - - - 33 City of South BendStaffing HeadcountApril 30, 2022Full-Time Staffing Summary by ActivityBudget Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecPublic SafetyPolice - Sworn Officers 232 228 218 220 213 - - - - - - - - Police - Civilians43 42 42 38 41 - - - - - - - - Police - Police Recruit8 6 6 5 16 - - - - - - - - Fire/EMS - Sworn Firefighters 256 248 240 239 241 - - - - - - - - Fire/EMS - Civilians7 7 7 7 7 - - - - - - - - Fire/EMS - Fire Recruits6 - - 5 5 - - - - - - - - 552 531 513 514 523 - - - - - - - - Venues, Parks & ArtsParks & Recreation88 83 83 83 82 - - - - - - - - Morris Performing Arts Center9 9 8 6 5 - - - - - - - - Century Center7 5 5 5 5 - - - - - - - - 104 97 96 94 92 - - - - - - - - Department of Community InvestmentCommunity Investment39 30 30 30 29 - - - - - - - - Office of Sustainability2 1 1 1 1 - - - - - - - - Neighborhood Services25 22 21 20 20 - - - - - - - - Animal Resource Center9 7 8 9 8 - - - - - - - - Building Department16 15 15 15 14 - - - - - - - - 91 75 75 75 72 - - - - - - - - Department of Innovation & Technology32 30 29 29 29 - - - - - - - - Total Full-Time Employees by Activity1,165 1,084 1,061 1,064 1,052 - - - - - - - - 34 City of South BendStaffing HeadcountApril 30, 2022Part-Time Staffing Summary by FundJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec101 - General FundHuman Rights 1 1 1 - - - - - - - - - Legal Department1 1 1 1 - - - - - - - - Engineering1 1 1 1 - - - - - - - - Police Department18 20 20 18 - - - - - - - - Police Crime Lab1 1 1 1 - - - - - - - - Fire Department1 1 1 1 - - - - - - - - 23 25 25 22 - - - - - - - - 201 - Parks & RecreationMaintenance13 9 9 15 - - - - - - - - Golf Courses 6 10 38 43 - - - - - - - - Recreational Experiences 18 18 20 22 - - - - - - - - Development & Promotions 1 1 2 2 - - - - - - - - 38 38 69 82 - - - - - - - - 202 - Motor Vehicle HighwayStreets/Traffic & Lighting2 2 2 2 - - - - - - - - 222 - Central ServicesEquipment Services1 1 1 1 - - - - - - - - 230 - Code Enforcement FundNeighborhood Services1 1 1 1 - - - - - - - - Animal Resource Center2 2 2 2 - - - - - - - - 3 3 3 3 - - - - - - - - 602 - Morris Performing Arts Center OperationsMorris Performing Arts Center3 3 3 3 - - - - - - - - 620 - Water WorksWater Works- - 1 2 - - - - - - - - 641 - Sewage Works Sewers4 4 3 2 - - - - - - - - 670 - Century CenterCentury Center3 3 3 3 - - - - - - - - Total Part-Time Employees by Fund77 79 110 120 - - - - - - - - 35 City of South BendStaffing HeadcountApril 30, 2022Paid Temporary, Seasonal, and Intern StaffingJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec101 - General FundMayor's Office 2 2 5 - - - - - - - - - City Clerk1 1 1 - - - - - - - - - Diversity & Inclusion2 2 2 1 - - - - - - - - 5 5 8 1 - - - - - - - - 201 - Parks & RecreationMaintenance3 3 8 14 - - - - - - - - Golf Courses- 2 5 7 - - - - - - - - Recreational Experiences58 54 48 12 - - - - - - - - 61 59 61 33 - - - - - - - - 202 - Motor Vehicle HighwayStreets/Traffic & Lighting- - - 1 - - - - - - - - 230 - Code Enforcement FundAnimal Resource Center1 1 1 1 - - - - - - - - 641 - Sewage Works Sewers1 1 1 2 - - - - - - - - Wastewater1 - - - - - - - - - - - 2 1 1 2 - - - - - - - - Total Paid Temporary, Seasonal, and Intern Staff69 66 71 38 - - - - - - - - Staffing SummaryBudgetFull-Time Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecFull Time Staff1,165 1,084 1,061 1,064 1,052 - - - - - - - - Part Time Staff77 79 110 120 - - - - - - - - Temporary / Seasonal69 66 71 38 - - - - - - - - City Total1,165 1,230 1,206 1,245 1,210 - - - - - - - - 36 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name General Fund Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Property Taxes 40,660,123 43,659,873 44,975,102 44,975,102 - - 44,975,102 0% Intergov./ Shared Revenues 4,837,992 4,251,806 4,000,122 4,000,122 152,480 152,480 3,847,642 4% Intergov./ Grants 191,097 1,482,045 - - - - - - Licenses & Permits 281,230 258,054 294,125 294,125 105,941 105,941 188,184 36% Charges for Services 4,468,596 5,286,199 4,135,160 4,135,160 1,373,527 1,373,527 2,761,633 33% Fines, Forfeitures, and Fees 5,298 6,235 8,525 8,525 1,222 1,222 7,303 14% Interest Earnings 309,268 290,597 481,983 481,983 67,227 67,227 414,756 14% Donations 1,357,432 1,769,377 1,365,000 1,365,000 100 100 1,364,900 0% Other Income 1,706,245 1,238,059 1,333,520 1,333,520 401,630 401,630 931,890 30% Interfund Allocation Reimb 8,563,135 9,896,054 10,544,420 10,544,420 3,514,807 3,514,807 7,029,613 33% Interfund Transfers In 6,283,500 2,727,079 - - - - - - PILOT 6,221,791 6,154,321 6,079,325 6,079,325 3,039,663 3,039,663 3,039,663 50% Total Revenue 74,885,707 77,019,698 73,217,282 73,217,282 8,656,597 8,656,597 64,560,686 12% Expenditures by Type Personnel Salaries & Wages 38,858,879 39,390,302 36,304,419 36,284,319 11,831,955 - 11,831,955 24,452,364 33% Fringe Benefits 13,303,099 13,920,158 17,929,005 17,949,105 5,454,944 840 5,455,784 12,493,321 30% Total Personnel 52,161,978 53,310,460 54,233,424 54,233,424 17,286,899 840 17,287,739 36,945,685 32% Supplies 1,720,163 2,033,958 2,265,998 2,487,218 921,616 291,131 1,212,747 1,274,472 49% Services & Charges Professional Services 1,755,294 1,811,607 2,011,038 2,399,777 376,413 801,393 1,177,805 1,221,971 49% Printing & Advertising 83,792 188,451 185,430 314,504 137,357 27,758 165,115 149,390 52% Utilities 663,087 654,363 614,408 614,408 216,872 - 216,872 397,536 35% Repairs & Maintenance 2,191,066 1,951,940 2,363,099 4,086,365 810,677 175,829 986,507 3,099,858 24% Education & Training 152,685 186,351 296,460 364,198 53,387 61,982 115,369 248,829 32% Travel 17,787 25,843 92,000 95,756 14,860 7,694 22,554 73,202 24% Grants & Subsidies 48,635 390,075 36,645,000 27,219,099 342,384 565,591 907,975 26,311,124 3% Other Services & Charges 491,973 597,714 575,273 7,229,299 203,118 87,731 290,849 6,938,450 4% Debt Service Principal 149,934 145,798 - - - - - - - Debt Service Interest & Fees 3,937 1,667 - - - - - - - Total Services & Charges 5,558,190 5,953,810 42,782,708 42,323,405 2,155,067 1,727,977 3,883,045 38,440,360 9% Operating Expenditures 59,440,332 61,298,229 99,282,130 99,044,048 20,363,582 2,019,948 22,383,530 76,660,517 23% Capital - - - 2,750,000 22,794 1,123,263 1,146,057 1,603,943 42% Bad Debt 8,070 649 300 300 378 - 378 (78) 126% Interfund Interfund Allocations 6,910,980 9,320,120 9,701,661 9,701,661 3,233,887 - 3,233,887 6,467,774 33% Interfund Transfers Out 175,579 4,948,093 600,000 2,600,000 1,729,605 - 1,729,605 870,395 67% Total Interfund 7,086,559 14,268,213 10,301,661 12,301,661 4,963,492 - 4,963,492 7,338,169 40% Total Expenditures 66,534,960 75,567,091 109,584,091 114,096,009 25,350,246 3,143,211 28,493,458 85,602,551 25% Net Surplus / (Deficit) 8,350,746 1,452,607 (36,366,809) (40,878,727) (16,693,649) (19,836,860) Beginning Cash Balance 44,871,229 53,544,921 54,208,073 Cash Adjustments 322,946 (789,455) - Ending Cash Balance 53,544,921 54,208,073 13,329,347 37,947,702 Cash Reserves Target 23,287,236 26,448,482 39,933,603 Fund Purpose: The General Fund is the primary operating fund for City operations including general government, public safety, certain culture & recreation expenses, and certain debt service obligations. The main source of revenue is property taxes. Secondary sources of revenue include auto and commercial vehicle excise tax, business licensing revenue, EMS billing revenue, and payment in lieu of taxes (PILOT) from the Water and Wastewater Utility. Cash Reserves Target 35% of Annual expenditures 37 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name General Fund Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Dept/Division Mayor 1,037,853 990,182 1,048,882 1,048,915 356,446 527 356,973 691,942 34% Community Initiatives 300,312 857,425 1,160,126 1,526,626 419,606 62,970 482,576 1,044,050 32% Community Police Review Office - 27,206 103,199 103,199 - - - 103,199 0% City Clerk 512,958 633,713 694,547 694,547 198,734 1,168 199,902 494,645 29% Common Council 483,761 593,820 724,311 724,941 141,898 250 142,148 582,793 20% General City 44,841 43,000 43,000 43,000 43,000 - 43,000 - 100% American Rescue Plan - 4,948,093 36,195,000 39,495,000 1,227,982 1,676,982 2,904,964 36,590,036 7% Finance 2,217,244 2,111,012 2,535,491 2,569,304 740,167 89,211 829,379 1,739,925 32% Human Resources 597,913 651,325 957,327 957,327 193,498 - 193,498 763,829 20% Diversity & Inclusion 254,986 546,687 611,073 740,743 154,791 130,120 284,911 455,832 38% Human Rights General 267,591 295,679 462,479 462,479 131,601 36,575 168,176 294,303 36% Legal Dept 1,299,029 1,399,494 1,695,716 1,695,716 468,285 12,312 480,597 1,215,119 28% Police General 27,639,992 30,031,479 31,101,209 31,263,638 9,988,685 442,368 10,431,054 20,832,584 33% Crime Lab 552,838 628,676 868,577 869,889 221,940 1,340 223,280 646,609 26% Fire General 26,056,166 26,373,821 26,165,969 26,372,790 9,104,332 374,141 9,478,473 16,894,317 36% EMS 592,302 710,778 825,174 843,828 238,100 46,047 284,147 559,681 34% Fire Training Center 30,175 32,253 148,000 123,630 23,412 3,339 26,751 96,879 22% Morris PAC 1,003,966 1,106,303 600,000 656,962 632,833 16,797 649,629 7,333 99% Palais Royale 221,414 149,547 208,649 229,403 72,085 26,188 98,272 131,130 43% Engineering 2,879,656 3,123,492 3,435,362 3,572,616 982,754 131,515 1,114,270 2,458,346 31% Sustainability 234,165 90,441 - 101,458 10,095 91,362 101,458 - 100% AmeriCorps 307,799 222,663 - - - - - - - Total Expenditures 66,534,960 75,567,091 109,584,091 114,096,009 25,350,246 3,143,211 28,493,458 85,602,552 25% NOTE: For more detail, see department and division summary pages that follow. 38 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Department Name Mayor's Office Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 568,439 577,992 621,971 621,971 215,039 - 215,039 406,932 35% Fringe Benefits 199,062 205,069 231,870 231,870 76,708 - 76,708 155,162 33% Total Personnel 767,501 783,061 853,841 853,841 291,746 - 291,746 562,094 34% Supplies 6,028 3,888 5,500 5,500 1,406 60 1,466 4,034 27% Services & Charges Professional Services 143,724 - 7,000 6,500 - - - 6,500 0% Printing & Advertising 25,634 43,385 41,500 37,500 13,531 414 13,945 23,555 37% Repairs & Maintenance 800 650 300 300 33 - 33 267 11% Education & Training - 171 1,000 1,000 - - - 1,000 0% Travel - - 3,500 3,800 271 - 271 3,529 7% Other Services & Charges 740 1,110 500 4,733 4,212 53 4,265 468 90% Total Services & Charges 170,898 45,316 53,800 53,833 18,047 467 18,514 35,319 34% Operating Expenditures 944,428 832,264 913,141 913,174 311,199 527 311,726 601,447 34% Interfund Allocations 93,425 157,918 135,741 135,741 45,247 - 45,247 90,494 33% Total Expenditures 1,037,853 990,182 1,048,882 1,048,915 356,446 527 356,973 691,941 34% Department Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, 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. This department is funded by the Admin Cost Allocation - an interfund allocation where the budgeted costs of the administrative departments in the General Fund (#101) are charged to other City funds. The purpose of the allocation is to recover management oversight costs supported by General Fund expenditures. Personnel - The personnel budget for the Mayor's Office includes wages and benefits for the Mayor and seven (7) full-time staff members, along with a small budget for interns. | Supplies - The supplies budget includes office supplies and promotional supplies. | Services - Professional services include outside legal services. The Professional Services budget was much higher in 2020 due to a one-time services contract ($180k) with a law enforcement consulting firm. 21CP Solutions was brought in to evaluate the South Bend Police Department and provide suggestions for policy improvements. 39 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Division Name Community Initiatives Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 119,402 218,129 320,394 320,394 83,583 - 83,583 236,811 26% Fringe Benefits 46,102 91,386 144,080 144,080 34,583 - 34,583 109,497 24% Total Personnel 165,504 309,515 464,474 464,474 118,166 - 118,166 346,308 25% Supplies - - - - 187 - 187 (187) - Services & Charges Professional Services 134,808 210,500 273,000 385,500 38,500 62,500 101,000 284,500 26% Printing & Advertising - 1,410 25,000 25,000 550 470 1,020 23,981 4% Education & Training - - 12,500 12,500 487 - 487 12,013 4% Travel - - - - - - - - - Grant & Subsidies - 336,000 350,000 604,000 250,000 - 250,000 354,000 41% Other Services & Charges - - - - - - - - - Total Services & Charges 134,808 547,910 660,500 1,027,000 289,536 62,970 352,506 674,494 34% Operating Expenditures 300,312 857,425 1,124,974 1,491,474 407,889 62,970 470,859 1,020,615 32% Interfund Allocations - - 35,152 35,152 11,717 - 11,717 23,435 33% Total Expenditures 300,312 857,425 1,160,126 1,526,626 419,606 62,970 482,576 1,044,050 32% Division Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: Personnel - The personnel budget includes the wages and benefits for six (6) full-time employees. In 2020, two new positions were added: GVI (Group Violence Intervention) Program Manager and Director of Community Initiatives. In 2021, two full-time positions will be transferred from the Recreation Division of the Department of Venues, Parks & Arts (Parks & Recreation Fund #201) to this division and the positions will be retitled Violence Prevention Coordinator II. In 2022, two full-time positions are being added: one Administrative Assistant II and an additional Violence Prevention Coordinator. Also, GVI is being renamed Office of Violence Prevention (OVP). | Services - Professional Services include $250,000 for S.A.V.E. (Stand Against Violence Everyday) through Goodwill, and $23,000 for the National Network for Safe Communities at John Jay College of Criminal Justice provides strategic guidance, technical assistance, and other support for the City’s efforts to reduce gun violence. Grants & Subsidies includes $350,000 for community programs and partnerships to be determined. In 2022, $25,000 will be added to Printing & Advertising for promotional activities such as community outreach and grantee events, and $12,500 will be added for training Community Initiatives staff. This Community Initiatives Division was established within the Mayor's Office in 2020 to centralize the Administration's efforts to respond to the most pressing issues facing the community. This division will focus on administering grants for violence-reduction activities as well as other areas of public safety and wellness. This division is funded by the Admin Cost Allocation - an interfund allocation where the budgeted costs of the administrative departments in the General Fund (#101) are charged to other City funds. The purpose of the allocation is to recover management oversight costs supported by General Fund expenditures. 40 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Division Name Community Police Review Office Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages - 21,250 66,625 66,625 - - - 66,625 0% Fringe Benefits - 5,956 26,574 26,574 - - - 26,574 0% Total Personnel - 27,206 93,199 93,199 - - - 93,199 0% Supplies - - - - - - - - - Services & Charges Professional Services - - 10,000 10,000 - - - 10,000 0% Repairs & Maintenance - - - - - - - - - Total Services & Charges - - 10,000 10,000 - - - 10,000 0% Total Expenditures - 27,206 103,199 103,199 - - - 103,199 0% Division Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: The Community Police Review Board was established in 2020 (ordinance 10721-20) to provide additional perspectives to alleged police misconduct. The Community Police Review Board is composed of nine (9) members appointed by the Common Council. No sworn law enforcement officer is eligible to serve as a member of the Review Board. The purposes of the Community Police Review Board are to encourage aggrieved persons to take part in the process, to provide an additional just and efficient means to safely, fairly, impartially and timely conduct investigations of alleged police misconduct, to reach an independent determination of whether the allegations are well founded applying a preponderance of the evidence standard; to identify and address patterns of alleged police misconduct; and, based on information obtained through such investigations, to make police recommendations to improve the South Bend Police Department and reduce incidents of alleged police misconduct. This division is funded by property tax revenue collected in the General Fund. This divisions budget supports the salary and benefits for the Director of the Community Police Review Office. The duties of the Director shall include: managing the Review Office, including its staff; enhancing communications and good will between the police and residents; maintaining records, confidential or otherwise, of all complaints, proceedings thereon, and dispostions thereof. The Director shall make quarterly reports to the Common Council and Mayor concerning matters of conduct and recurring issues that are processed by the Review Office. The Director shall also provide periodic reports and an annual report. 41 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Department Name City Clerk Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 270,954 288,911 320,512 320,512 98,034 - 98,034 222,478 31% Fringe Benefits 103,502 113,731 133,959 133,959 33,162 - 33,162 100,797 25% Total Personnel 374,456 402,642 454,471 454,471 131,196 - 131,196 323,275 29% Supplies 6,389 8,089 9,200 9,200 1,290 1,168 2,458 6,742 27% Services & Charges Professional Services 25,275 15,066 25,000 25,000 6,028 - 6,028 18,973 24% Printing & Advertising 18,528 23,705 27,500 27,500 4,315 - 4,315 23,185 16% Repairs & Maintenance 32,656 6,400 5,000 5,000 1,312 - 1,312 3,688 26% Education & Training 1,393 14,250 6,000 4,500 300 - 300 4,200 7% Travel 342 - 5,000 5,000 - - - 5,000 0% Other Services & Charges 4,963 7,635 7,500 9,000 2,669 - 2,669 6,331 30% Total Services & Charges 83,157 67,056 76,000 76,000 14,623 - 14,623 61,377 19% Operating Expenditures 464,002 477,787 539,671 539,671 147,109 1,168 148,277 391,394 27% Interfund Allocations 48,956 155,926 154,876 154,876 51,625 - 51,625 103,251 33% Total Expenditures 512,958 633,713 694,547 694,547 198,734 1,168 199,902 494,645 29% Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, 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 Personnel - The personnel budget for the Clerk's Office includes wages and benefits for the City Clerk and four (4) full-time staff members, along with a small budget for interns. | Supplies - The supplies budget includes office supplies and law books. | Services - Professional services include outside legal services. Printing and advertising includes $20,000 for required legal notices in the newspaper to advertise public meetings and $6,500 to renew brochures, letterhead, resident information. The Clerk's Office is funded by the Admin Cost Allocation - an interfund allocation where the budgeted costs of the administrative departments in the General Fund (#101) are charged to other City funds. The purpose of the allocation is to recover management oversight costs supported by General Fund expenditures. 42 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Department Name Common Council Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 187,249 182,138 260,858 260,858 64,327 - 64,327 196,531 25% Fringe Benefits 84,521 95,359 164,916 164,916 33,334 - 33,334 131,582 20% Total Personnel 271,770 277,497 425,774 425,774 97,661 - 97,661 328,113 23% Supplies 2,716 1,894 2,500 2,500 1,421 - 1,421 1,079 57% Services & Charges Professional Services 117,174 193,211 214,308 212,938 20,854 - 20,854 192,084 10% Printing & Advertising 7,973 35,048 6,200 5,900 3,599 250 3,849 2,051 65% Repairs & Maintenance 34,153 24,584 3,000 5,000 1,400 - 1,400 3,600 28% Education & Training 2,069 599 5,000 5,000 475 - 475 4,525 10% Travel 1,479 1,334 10,000 10,000 459 - 459 9,541 5% Other Services & Charges 4,091 4,714 14,000 14,300 1,520 - 1,520 12,780 11% Total Services & Charges 166,939 259,491 252,508 253,138 28,307 250 28,557 224,581 11% Operating Expenditures 441,425 538,882 680,782 681,412 127,388 250 127,638 553,773 19% Interfund Allocations 42,336 54,938 43,529 43,529 14,510 - 14,510 29,019 33% Total Expenditures 483,761 593,820 724,311 724,941 141,898 250 142,148 582,792 20% Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: The Common Council is the fiscal body of the City, which exists to make certain that our City Government is always responsive to the needs of our residents and that the betterment of South Bend is always our highest priority. Personnel - The Common Council's budget includes the wages and benefits for the nine (9) Council Members along with some costs associated with public meetings. In 2022, the annual council member's salary will be $20,762. There is also a budget of $44,000 for interns. In 2022, $30,000 will be added to the personnel budget for a part-time Legislative Assistant. | Supplies - There is a small budget for office supplies. | Services - Professional services include $200k for legal services for the Council. The Common Council is funded by the Admin Cost Allocation - an interfund allocation where the budgeted costs of the administrative departments in the General Fund (#101) are charged to other City funds. The purpose of the allocation is to recover management oversight costs supported by General Fund expenditures. 43 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Division Name Controller's Office Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 1,353,939 1,321,367 1,490,200 1,490,200 409,972 - 409,972 1,080,228 28% Fringe Benefits 480,160 464,963 580,534 580,534 147,727 - 147,727 432,807 25% Total Personnel 1,834,099 1,786,330 2,070,734 2,070,734 557,699 - 557,699 1,513,035 27% Supplies 14,013 8,804 16,420 16,691 2,265 125 2,390 14,302 14% Services & Charges Professional Services 43,980 92,490 241,500 275,000 113,860 88,174 202,034 72,966 73% Printing & Advertising 1,203 4,914 2,000 2,342 1,288 398 1,686 656 72% Repairs & Maintenance 2,254 225 1,100 1,100 202 - 202 898 18% Education & Training 1,994 4,235 5,760 5,760 315 - 315 5,445 5% Travel 2,045 1,300 6,000 6,000 - - - 6,000 0% Other Services & Charges 14,429 19,228 11,585 11,285 4,407 515 4,922 6,363 44% Total Services & Charges 65,905 122,391 267,945 301,487 120,073 89,087 209,160 92,328 69% Operating Expenditures 1,914,017 1,917,524 2,355,099 2,388,912 680,037 89,211 769,248 1,619,665 32% Bad Debt - 55 - - - - - - - Interfund Allocations 303,227 193,433 180,392 180,392 60,131 - 60,131 120,261 33% Total Expenditures 2,217,244 2,111,012 2,535,491 2,569,304 740,167 89,211 829,379 1,739,926 32% Department Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: The Department of Administration & Finance provides financial management and administrative services to City operations including finance and accounting services and risk management. This budget accounts for the expenditures of the Controller's Office. Personnel - Includes the wages and benefits for twenty-one (21) full-time employees which include accounts payable, payroll, purchasing, and accounting staff. | Supplies - Includes office supplies. | Services - Professional services budgeted include bond continuing disclosure, arbitrage compliance, actuarial evaluation for GASB 74 (done every other year), and the annual financial audit. Education and training budgeted includes funding for travel to conferences and membership dues for professional organizations. Printing and advertising is for the cost of printing the budget book, annual comprehensive financial report (ACFR), and legal notices in the newspaper. This department is funded by the Admin Cost Allocation - an interfund allocation where the budgeted costs of the administrative departments in the General Fund (#101) are charged to other City funds. The purpose of the allocation is to recover management oversight costs supported by General Fund expenditures. 44 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Division Name Human Resources Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 374,910 400,053 533,505 533,505 108,725 - 108,725 424,780 20% Fringe Benefits 139,389 148,223 215,402 215,402 40,578 - 40,578 174,824 19% Total Personnel 514,299 548,276 748,907 748,907 149,302 - 149,302 599,604 20% Supplies 642 2,165 11,250 11,250 1,434 - 1,434 9,816 13% Services & Charges Professional Services - - - - - - - - - Printing & Advertising 999 287 7,060 6,760 - - - 6,760 0% Repairs & Maintenance 100 150 - 450 450 - 450 - 100% Education & Training 795 1,361 52,700 52,700 - - - 52,700 0% Travel - - 6,000 6,000 - - - 6,000 0% Other Services & Charges 1,760 1,609 7,000 6,850 842 - 842 6,009 12% Total Services & Charges 3,655 3,407 72,760 72,760 1,292 - 1,292 71,469 2% Operating Expenditures 518,596 553,847 832,917 832,917 152,028 - 152,028 680,889 18% Interfund Allocations 79,317 97,478 124,410 124,410 41,470 - 41,470 82,940 33% Total Expenditures 597,913 651,325 957,327 957,327 193,498 - 193,498 763,829 20% Division Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: Human Resources oversees the interviewing and hiring of City employees, manages employee benefits and training, and ensures the City adheres to employment laws, making the City a great place to work. Human Resources continues to develop/implement innovative programs to build a positive workplace culture. Personnel - The personnel budget includes the wages and benefits for eight (8) full-time employees. | Supplies - The supplies budget includes general office supplies and employee ID badges. | Services - Printing services include the printing of employee handbooks. Other charges & services includes dues & memberships with professional associations, background checks, and City sponsored events/job fairs. This division is funded by the Admin Cost Allocation - an interfund allocation where the budgeted costs of the administrative departments in the General Fund (#101) are charged to other City funds. The purpose of the allocation is to recover management oversight costs supported by General Fund expenditures. 45 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Division Name Diversity & Inclusion Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 165,515 206,014 233,671 233,671 81,134 - 81,134 152,537 35% Fringe Benefits 50,278 64,933 82,633 82,633 23,343 - 23,343 59,290 28% Total Personnel 215,793 270,948 316,304 316,304 104,477 - 104,477 211,827 33% Supplies 74 1,486 1,500 1,500 307 - 307 1,193 20% Services & Charges Professional Services 14,260 194,734 80,000 160,050 22,300 80,500 102,800 57,250 64% Printing & Advertising 2,025 1,581 6,000 6,000 284 - 284 5,716 5% Repairs & Maintenance 50 - - - - - - - - Education & Training 1,000 10,780 100,000 149,620 - 49,620 49,620 100,000 33% Travel - - 20,000 20,000 - - - 20,000 0% Other Services & Charges 2,843 3,755 5,000 5,000 - - - 5,000 0% Total Services & Charges 20,177 210,850 211,000 340,670 22,584 130,120 152,704 187,966 45% Operating Expenditures 236,044 483,283 528,804 658,474 127,368 130,120 257,488 400,986 39% Interfund Allocations 18,942 63,404 82,269 82,269 27,423 - 27,423 54,846 33% Total Expenditures 254,986 546,687 611,073 740,743 154,791 130,120 284,911 455,832 38% Revenue Charges for Services - - 35,000 35,000 - - 35,000 0% Other Income 400 500 - - - - - - Donations 50,000 - - - - - - - Total Revenue 50,400 500 35,000 35,000 - - 35,000 0% Division Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: The Office of Diversity, Equity, Inclusion provides educational opportunities for internal and external stakeholders, direction for equitable policy, process and procedure development for City services, funding disbursement, and underrepresented population entrepreneurship that empowers every employee and resident to thrive. This office is primarily funded by the Admin Cost Allocation - an interfund allocation where the budgeted costs of the administrative departments in the General Fund (#101) are charged to other City funds. The purpose of the allocation is to recover management oversight costs supported by General Fund expenditures. 2020: Living Cities Inclusive Procurement grant $50,000 2021: Workshop and training fees ($3,000 full day training workshops), non-compliance fees (variable scale), white papers ($50-$175) Personnel - The personnel budget includes the wages and benefits for three (3) full-time employees, along with a budget for interns. | Supplies - There is a small budget for office supplies. | Services - The travel budget is for staff to attend various conferences. Possible conferences include: American Contract Compliance Association (ACCA), Just Economy, Government Alliance on Race and Equity (GARE), Mid-States Minority Supplier Development Council (MSDC), Living Cities. Other services & charges covers memberships to the following organizations: ACCA, GARE, Women's Business Enterprise National Council (WBENC), MidStates MSCS. 46 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Division Name Human Rights Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 134,381 135,895 245,062 245,062 72,830 - 72,830 172,232 30% Fringe Benefits 49,745 55,005 99,688 99,688 27,009 - 27,009 72,679 27% Total Personnel 184,125 190,901 344,750 344,750 99,839 - 99,839 244,911 29% Supplies 765 969 2,000 2,000 1,228 - 1,228 772 61% Services & Charges Professional Services 819 3,538 3,070 3,070 - - - 3,070 0% Printing & Advertising 347 407 1,500 1,600 458 - 458 1,142 29% Repairs & Maintenance 9,716 8,151 9,200 9,200 3,094 5,580 8,673 527 94% Education & Training 600 - 3,500 3,400 558 - 558 2,842 16% Travel - - - - - - - - - Other Services & Charges 44,073 45,538 51,140 51,140 10,652 30,995 41,647 9,493 81% Total Services & Charges 55,555 57,634 68,410 68,410 14,762 36,575 51,336 17,074 75% Operating Expenditures 240,446 249,504 415,160 415,160 115,828 36,575 152,403 262,757 37% Interfund Allocations 27,145 46,175 47,319 47,319 15,773 - 15,773 31,546 33% Total Expenditures 267,591 295,679 462,479 462,479 131,601 36,575 168,176 294,303 36% Revenue Other Income 30,069 30,049 30,000 30,000 30,352 30,352 (352) 101% Total Revenue 30,069 30,049 30,000 30,000 30,352 30,352 (352) 101% Division Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: The purpose of the South Bend Human Rights Commission (HRC) 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 HRC'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 HRC provides the keys to unlock the doors of discrimination. This division is funded by property tax revenue collected in the General Fund. This division also receives a small amount of revenue from an agreement with St. Joseph County: In 2017, the South Bend Human Rights Commission (HRC) entered into an interlocal agreement with St. Joseph County. The continued partnership with St. Joseph County, to investigate discrimination complaints, has resulted in an increase in caseload. The agreement calls for the County to reimburse HRC to support the costs associated with the increased caseload. Starting in 2019, as part of the interlocal agreement, St. Joseph County reimburses the City $30,000 a year to support the HRC. Note: Federal grants from the Department of Housing & Urban Development (HUD) and the Equal Employment Opportunity Commission (EEOC) are received in the Human Rights Federal Grants Fund (#258). Personnel - The personnel budget includes the wages and benefits for four (4) full-time employees, along with a budget for one part-time position. Human Rights also has two (2) grant-funded positions budgeted in the Human Rights Federal Grants Fund (#258) that are not represented in this budget. | Supplies - There is a small budget for office supplies. | Services - Includes office space rental and maintenance, education & training for staff members, and printing and mailing expenses. In 2021, the Director of Human Rights position was added back. The Director of Human Rights serves on the senior leadership team of the Office of Diversity and Inclusion and provide strategic leadership for the administration, operation, and functions of the HRC in accordance with the City of South Bend Human Rights Ordinance and St. Joseph County Human Rights Ordinance. The director manages staff in the identification, investigation, mediation, and adjudication of human rights discrimination claims in housing, employment, public accommodations, and education. 47 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Department Name Legal Department Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 907,628 895,492 1,093,537 1,093,537 303,873 - 303,873 789,664 28% Fringe Benefits 298,375 291,446 386,599 386,599 98,750 - 98,750 287,849 26% Total Personnel 1,206,003 1,186,938 1,480,136 1,480,136 402,624 - 402,624 1,077,513 27% Supplies 3,568 1,515 3,500 3,500 782 2,296 3,078 422 88% Services & Charges Professional Services 1,440 9,384 2,550 2,550 - - - 2,550 0% Printing & Advertising 106 252 1,000 1,000 - - - 1,000 0% Repairs & Maintenance 100 1,000 - - - - - - - Education & Training 8,063 7,108 12,000 12,000 164 - 164 11,836 1% Travel - - 5,500 3,500 - - - 3,500 0% Other Services & Charges 16,829 18,408 19,500 21,500 7,539 10,016 17,555 3,945 82% Total Services & Charges 26,538 36,152 40,550 40,550 7,703 10,016 17,719 22,831 44% Operating Expenditures 1,236,109 1,224,605 1,524,186 1,524,186 411,108 12,312 423,420 1,100,766 28% Bad Debt 100 - - - - - - - - Interfund Allocations 62,820 174,889 171,530 171,530 57,177 - 57,177 114,353 33% Total Expenditures 1,299,029 1,399,494 1,695,716 1,695,716 468,285 12,312 480,597 1,215,119 28% Revenue Charges for Services 135,710 91,343 93,170 93,170 23,407 23,407 69,763 25% Interfund Allocation Reimb 56,529 - - - - - - - Total Revenue 192,239 91,343 93,170 93,170 23,407 23,407 69,763 25% Department Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, 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. This department is funded by the Admin Cost Allocation - an interfund allocation where the budgeted costs of the administrative departments in the General Fund (#101) are charged to other City funds. The purpose of the allocation is to recover management oversight costs supported by General Fund expenditures. This department also collects revenue for legal services provided to the South Bend Redevelopment Commission. The Interfund Allocation Reimbursement was a transfer from the Liability Insurance Fund (#226) to reimburse the Legal Dept for 50% of personnel costs for Assistant City Attorney. In 2021, the allocation was discontinued as the position was already covered by the administrative cost allocation. Personnel - The personnel budget includes the wages and benefits for twelve (12) full-time employees, one part-time employee, and $25k for interns. From 2020 to 2021, the personnel budget increased as one (1) full-time Paralegal position was transferred from the Liability Insurance Fund (#226) to the Legal Department's budget in the General Fund (#101). This position is under the Legal Department but was historically budgeted in Fund #226 because the position focuses on liability and workers' comp related matters. | Supplies - The supplies budget includes general office supplies. | Services - Education & training includes funding for professional development and continuing education for the attorneys. Other charges & services includes dues & memberships with professional associations, postage, and subscriptions to legal research sources. 48 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Division Name Engineering Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 1,680,220 1,731,698 1,952,122 1,952,122 590,045 - 590,045 1,362,077 30% Fringe Benefits 588,063 592,477 741,859 741,859 205,920 840 206,760 535,099 28% Total Personnel 2,268,284 2,324,174 2,693,981 2,693,981 795,965 840 796,805 1,897,176 30% Supplies 5,144 7,128 22,700 23,411 4,074 18 4,092 19,319 17% Services & Charges Professional Services 151,673 192,618 150,000 286,543 17,883 125,409 143,291 143,251 50% Printing & Advertising 1,872 5,897 8,535 8,535 1,579 116 1,694 6,841 20% Repairs & Maintenance 5,718 5,931 27,700 27,700 679 - 679 27,021 2% Education & Training 1,500 1,157 21,000 21,000 4,075 1,700 5,775 15,225 28% Travel 3,762 3,986 15,250 15,250 4,017 1,723 5,740 9,510 38% Other Services & Charges 12,230 11,024 36,300 36,300 1,185 1,710 2,895 33,405 8% Debt Service Principal 10,755 4,493 - - - - - - - Debt Service Interest & Fees 194 51 - - - - - - - Total Services & Charges 187,704 225,158 258,785 395,328 29,417 130,657 160,074 235,253 40% Operating Expenditures 2,461,132 2,556,460 2,975,466 3,112,720 829,456 131,515 960,971 2,151,748 31% Bad Debt 84 - - - - - - - - Interfund Allocations 418,440 567,032 459,896 459,896 153,299 - 153,299 306,597 33% Total Expenditures 2,879,656 3,123,492 3,435,362 3,572,616 982,754 131,515 1,114,270 2,458,345 31% Revenue Licenses & Permits 161,952 122,575 156,100 156,100 23,625 23,625 132,475 15% Charges for Services 415,210 192,000 196,000 196,000 49,000 49,000 147,000 25% Other Income 21,032 6,401 - - 12,317 12,317 (12,317) - Interfund Allocation Reimb 1,436,881 1,449,233 1,514,420 1,514,420 504,807 504,807 1,009,613 33% Total Revenue 2,035,075 1,770,209 1,866,520 1,866,520 589,749 589,749 1,276,771 32% Division Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: Engineering manages the development and expansion of the City’s infrastructure. It oversees Public Works projects from setting the standards to issuing the permits, administering the contracts, and inspecting construction. Engineering is a division of the Department of Public Works. This division is funded by property tax revenue collected in the General Fund. It also receives revenue from permits issued and charges for engineering services. Engineering has an Engineering Service Agreement (ESA) agreement with the Department of Community Investment (DCI). Interfund Allocation Reimbursement is the Payroll Cost Allocation, which allocates a portion of wages and benefits for positions that serve other divisions within the Department of Public Works, especially Engineers. These positions are allocated out to the following Public Works divisions: Streets (Fund #202), Water Works (Fund #620), Sewer Insurance (Fund #640), Sewage Works Operations Fund (#641). Personnel - The personnel budget includes the wages and benefits for twenty-five (25) full-time employees, one (1) part-time position, and seasonal interns. Personnel changes in 2021 include the addition of one (1) full-time Engineer II and the elimination of the budget for part-time engineers, leaving budget for one part-time clerical position. | Supplies - The supplies budget includes office supplies and supplies for engineers to perform field work. | Services - Professional Services include consulting and design services for various Public Works projects. 49 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Division Name Office of Sustainability Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 85,683 45,231 - - - - - - - Fringe Benefits 27,950 14,506 - - - - - - - Total Personnel 113,634 59,737 - - - - - - - Supplies 23,361 534 - - - - - - - Services & Charges Professional Services 74,584 5,890 - 51,458 10,095 41,362 51,458 - 100% Repairs & Maintenance - 285 - - - - - - - Education & Training 86 150 - - - - - - - Other Services & Charges 12,760 3,700 - - - - - - - Total Services & Charges 87,431 10,025 - 51,458 10,095 41,362 51,458 - 100% Operating Expenditures 224,425 70,295 - 51,458 10,095 41,362 51,458 - 100% Capital - - - 50,000 - 50,000 50,000 - 100% Interfund Allocations 9,740 20,146 - - - - - - - Total Expenditures 234,165 90,441 - 101,458 10,095 91,362 101,458 - 100% Revenue Other Income 9,299 - - - - - - - Total Revenue 9,299 - - - - - - - Division Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: The Office of Sustainability designs and implements projects and programs that bring environmental, social, and economic value to city government and the public. This division was funded by property tax revenue collected in the General Fund. The Office of Sustainability was a division of the Department of Public Works prior to 2021. In 2021, Sustainability was moved under the Department of Community Investment (DCI) and will be accounted for in the DCI Fund (#211) beginning in 2022. 50 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Division Name AmeriCorps Grant Program Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 225,247 166,836 - - - - - - - Fringe Benefits 37,207 28,717 - - - - - - - Total Personnel 262,454 195,554 - - - - - - - Supplies 10,067 2,903 - - - - - - - Services & Charges Professional Services 31,982 22,862 - - - - - - - Printing & Advertising 139 - - - - - - - - Education & Training 676 - - - - - - - - Travel 726 - - - - - - - - Other Services & Charges 1,755 1,345 - - - - - - - Total Services & Charges 35,278 24,207 - - - - - - - Total Expenditures 307,799 222,663 - - - - - - - Revenue Intergov./ Grants 176,231 184,811 - - - - - - Interfund Transfers In 105,000 120,000 - - - - - - Total Revenue 281,231 304,811 - - - - - - Division Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, 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 ten AmeriCorps members. The AmeriCorps program was overseen by the Office of Sustainability. AmeriCorps is a network of national service programs, made up of three primary programs that each take a different approach to improving lives and fostering civic engagement. Members commit their time to address critical community needs like increasing academic achievement, mentoring youth, fighting poverty, and preparing for disasters. This program was funded by property tax revenue collected in the General Fund, the AmeriCorps grant, and transfers in from City departments that benefited from the AmeriCorps program. In 2021, the decision was made to discontinue participation in the AmeriCorps Grant Program as the program is duplicative of other initiatives throughout the City, specifically in the Department of Community Investment (DCI). In 2022, the work the AmeriCorps Program was engaged in will be continued within DCI, primarily within the Engagement & Economic Empowerment, Neighborhoods, and Sustainability teams accounted for in the DCI Fund (#211). 51 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Department Name Police Department Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 15,563,454 16,370,447 14,882,155 14,882,055 4,747,522 - 4,747,522 10,134,533 32% Fringe Benefits 5,423,162 5,728,486 7,600,855 7,600,955 2,362,239 - 2,362,239 5,238,716 31% Total Personnel 20,986,615 22,098,933 22,483,010 22,483,010 7,109,761 - 7,109,761 15,373,249 32% Supplies 767,165 955,573 1,152,960 1,249,949 515,354 140,807 656,160 593,788 52% Services & Charges Professional Services 765,305 495,799 720,000 693,306 49,162 243,392 292,554 400,752 42% Printing & Advertising 3,288 55,375 24,721 148,941 98,492 13,775 112,267 36,674 75% Utilities 170,952 182,655 174,408 174,408 59,814 - 59,814 114,594 34% Repairs & Maintenance 871,987 822,096 980,199 984,078 293,285 16,777 310,062 674,016 32% Education & Training 426 56,136 - - - - - - - Travel 1,648 2,618 250 350 126 - 126 224 36% Grants & Subsidies 5,635 11,075 57,000 58,099 3,705 2,100 5,805 52,294 10% Other Services & Charges 272,222 344,841 349,608 312,445 128,272 25,518 153,790 158,655 49% Debt Service Principal 139,178 141,305 - - - - - - - Debt Service Interest & Fees 3,742 1,615 - - - - - - - Total Services & Charges 2,234,384 2,113,516 2,306,186 2,371,626 632,857 301,561 934,418 1,437,209 39% Operating Expenditures 23,988,164 25,168,022 25,942,156 26,104,585 8,257,971 442,368 8,700,339 17,404,246 33% Capital - - - - 11,130 - 11,130 (11,130) - Bad Debt 397 - 300 300 - - - 300 0% Interfund Allocations 3,651,431 4,863,457 5,158,753 5,158,753 1,719,584 - 1,719,584 3,439,169 33% Total Expenditures 27,639,992 30,031,479 31,101,209 31,263,638 9,988,685 442,368 10,431,054 20,832,585 33% Revenue Intergov./ Grants - 210,402 - - - - - - Charges for Services 8,316 - - - - - - - Other Income 655,931 338,317 456,500 456,500 59,287 59,287 397,213 13% Donations - - 7,500 7,500 - - 7,500 0% Interfund Transfers In 1,547,272 - - - - - - - Total Revenue 2,211,518 548,719 464,000 464,000 59,287 59,287 404,713 13% Department Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, 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. This department is funded by property tax revenue collected in the General Fund. The department also receives reimbursement for officers working at various events and other units. Other income includes $320,000 from the School Resource Officer (SRO) program, $60,000 from the ATF, $7,000 from the DEA, $7,500 for firearms training of the University of Notre Dame police officers, and $29,000 from the rental of property. In 2020, the Police Department received funds from the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help offset public safety personnel overtime costs related to the COVID-19 pandemic. This revenue is represented as an interfund transfer in from the COVID-19 Response Fund (#264). Additionally, in 2021, grant revenue was received from the Department of Justice to help offset public safety personnel overtime costs related to the COVID-19 pandemic. Personnel - The personnel budget includes the wages and benefits for 36 full-time civilians and 232 sworn officers, along with a budget for part-time employees and seasonal school crossing guards. A portion of sworn police officer wages are supported by the Local Income Tax Public Safety Fund (#249). For 2022, budgeted support is a little over $6 million. The Department has not been at full staffing levels for sworn officers for some time due to a shortage of applicants, something many law enforcement agencies are experiencing. | Supplies - The majority of the supplies budget is for fuel for patrol cars, budgeted at $635k for 2022. Taser purchases are budgeted at $110k per year until 2023. Other supplies budgeted include uniforms, medical & safety supplies, small tools & equipment, building maintenance supplies, and general office supplies.| Services & Charges - Professional services includes funding to support the St. Joseph County Special Victims Unit, an interlocal partnership between the St. Joseph County Police Department, Mishawaka Police Department, South Bend Police Department, and St. Joseph County Prosecutor’s Office. Professional services also includes legal services. Utilities includes the water, electric, and natural gas for the police station. Repairs & maintenance includes $880k for police vehicles, radios, and other equipment, and $85k for building R&M. Other services & charges includes $210k for telecommunications and data expenses for cell phones, pagers, and body cameras. | Grants & Subsidies - funding for the Police Athletic League (PAL) Program. | Debt Service - Several police car leases funded by the General Fund will be fully paid off in 2021. In recent years, the purchase of new patrol cars through capital leases has been funded by the Local Income Tax Certified Shares Fund (#404). 52 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Division Name Police Crime Lab Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 395,207 346,190 475,637 475,637 116,494 - 116,494 359,143 24% Fringe Benefits 142,250 118,776 184,461 184,461 39,472 - 39,472 144,989 21% Total Personnel 537,456 464,966 660,098 660,098 155,966 - 155,966 504,132 24% Supplies 15,373 15,138 17,000 18,312 2,148 1,340 3,488 14,824 19% Services & Charges Professional Services 8 - - - - - - - - Printing & Advertising - - - - - - - - - Education & Training - - - - - - - - - Travel - - - - - - - - - Other Services & Charges - - - - - - - - - Total Services & Charges 8 - - - - - - - - Operating Expenditures 552,838 480,105 677,098 678,410 158,114 1,340 159,454 518,956 24% Interfund Allocations - 148,571 191,479 191,479 63,826 - 63,826 127,653 33% Total Expenditures 552,838 628,676 868,577 869,889 221,940 1,340 223,280 646,609 26% Revenue Charges for Services 7,756 26,169 10,000 10,000 4,406 4,406 5,594 44% Total Revenue 7,756 26,169 10,000 10,000 4,406 4,406 5,594 44% Division Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: This division was created to track expenditures related to South Bend Police Department Crime Lab. Crime Lab services offered include: serial number restoration, tool matching, fracture matching, tires and footwear, video analysis, trace evidence examination, distance proximity determination, expert testimony, facial recognition. This division is funded by property tax revenue collected in the General Fund. The Crime Lab offers services to other agencies for a charge. Revenue for services continues to grow but is budgeted conservatively as this program is still new. Personnel - The personnel budget includes the wages and benefits for seven (7) full-time civilians. | Supplies - The supplies budget includes operating supplies for the Crime Lab such as gloves, special cartridges, ballistic powder, and other specialized supplies. | Interfund Allocations - Starting in 2021, the Crime Lab will be charged for the Information Technology (IT) Allocation and the Administrative Cost Allocation. 53 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Department Name Fire Department Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 16,374,216 15,905,583 13,651,366 13,631,366 4,889,638 - 4,889,638 8,741,728 36% Fringe Benefits 5,397,609 5,621,419 7,250,515 7,270,515 2,303,554 - 2,303,554 4,966,961 32% Total Personnel 21,771,825 21,527,001 20,901,881 20,901,881 7,193,192 - 7,193,192 13,708,689 34% Supplies 591,801 592,256 678,568 772,787 250,883 112,952 363,835 408,952 47% Services & Charges Professional Services 233,686 351,832 204,000 202,809 74,593 145,745 220,338 (17,529) 109% Printing & Advertising 2,063 2,040 22,214 7,452 776 1,048 1,824 5,628 24% Utilities 293,257 271,750 315,000 315,000 110,147 - 110,147 204,853 35% Repairs & Maintenance 1,159,796 992,999 1,032,000 1,137,647 443,900 93,338 537,238 600,409 47% Education & Training 67,844 79,268 73,000 88,204 46,988 10,662 57,650 30,554 65% Travel 6,318 12,979 20,500 22,197 9,052 5,971 15,022 7,175 68% Other Services & Charges 39,047 50,324 38,500 44,507 14,699 4,425 19,124 25,383 43% Total Services & Charges 1,802,010 1,761,191 1,705,214 1,817,815 700,155 261,189 961,344 856,473 53% Operating Expenditures 24,165,636 23,880,448 23,285,663 23,492,484 8,144,230 374,141 8,518,371 14,974,114 36% Interfund Allocations 1,890,530 2,493,373 2,880,306 2,880,306 960,102 - 960,102 1,920,204 33% Total Expenditures 26,056,166 26,373,821 26,165,969 26,372,790 9,104,332 374,141 9,478,473 16,894,318 36% Revenue Charges for Services 337 340 1,500 1,500 108 108 1,392 7% Intergov./ Grants 14,866 94,668 - - - - - - Licenses & Permits 19,227 23,137 24,000 24,000 7,301 7,301 16,699 30% Donations 420 - - - 100 100 (100) - Other Income 6,033 20,678 1,000 1,000 16,534 16,534 (15,534) 1653% Interfund Transfers In 3,474,135 607,079 - - - - - - Total Revenue 3,515,018 745,902 26,500 26,500 24,043 24,043 2,457 91% Department Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, 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. This requires planning and development of response capabilities to ensure that future needs and the efficiency of operations are addressed. Public education and prevention services are provided to ensure citizen safety before an incident occurs. This is the safest and most cost-effective method for providing public safety. The South Bend Fire Department endeavors to give the best emergency medical care available backed by evidence-based medical practices which give citizens the best chance for positive outcomes and continued quality of life. Providing the members of the South Bend Fire Department with the latest and best available equipment and training to perform their duties gives them the tools to effect the best possible outcomes when emergencies occur. The South Bend Fire Department is dedicated to providing expert-level service with an all-hazards approach to public safety. This department is funded by property tax revenue collected in the General Fund. This department also collects fire building plan review fees. | In 2020, the Fire Department received funds from the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help offset public safety personnel overtime costs related to the COVID-19 pandemic. This revenue is represented as an interfund transfer in from the COVID-19 Response Fund (#264). Personnel - The personnel budget includes the wages and benefits for seven (7) full-time civilians and 256 sworn firefighters, along with a small budget of $6k for interns. A portion of sworn firefighter wages are supported by the Local Income Tax Public Safety Fund (#249). For 2022, budgeted support is a little over $6 million. 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, the department budgets 6 civilian recruit positions for 21 weeks. | Supplies - $390k is budgeted for operating supplies including personal protective equipment (PPE), training materials and equipment, and more. $181k is budgeted for fuel for vehicles. | Services & Charges - Professional services includes elevator and boiler inspections; various testing including physicals for firefighters, divers, and hazmat; and legal services. Utilities includes the water, electric, and natural gas for the eleven fire stations. Repairs & maintenance includes $770k for vehicles, $125k for radios, $22k for other equipment, and $115k for buildings. | Capital - Fire Department capital needs are budgeted in the Fire Department Capital Fund (#287). | Accounting Changes - In 2020, the Fire Department moved all firefighters assigned to Emergency Medical Services to the General Fund. This includes wages & benefits, supplies, and services previously accounted for in the EMS Operating Fund (#288). Keeping firefighter EMS personnel in a separate budget was impractical due to frequently changing assignments. EMS expenditures related to billing are accounted for in separate division in the General Fund. 54 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Division Name Emergency Medical Services Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 138,124 146,217 156,804 156,804 50,740 - 50,740 106,064 32% Fringe Benefits 75,881 79,326 85,060 85,060 28,566 - 28,566 56,494 34% Total Personnel 214,005 225,543 241,864 241,864 79,306 - 79,306 162,558 33% Supplies 232,073 387,434 332,900 351,554 119,730 31,735 151,465 200,088 43% Services & Charges Professional Services 14,058 22,033 80,610 80,610 17,594 14,312 31,905 48,705 40% Printing & Advertising 220 - 12,200 12,200 - - - 12,200 0% Repairs & Maintenance 2,640 3,704 133,600 133,600 - - - 133,600 0% Education & Training 66,239 7,912 4,000 4,000 - - - 4,000 0% Other Services & Charges 47,260 63,559 20,000 20,000 21,092 - 21,092 (1,092) 105% Total Services & Charges 130,417 97,208 250,410 250,410 38,686 14,312 52,998 197,413 21% Operating Expenditures 576,495 710,184 825,174 843,828 237,722 46,047 283,769 560,059 34% Bad Debt 5,648 594 - - 378 - 378 (378) - Interfund Allocations 10,159 - - - - - - - - Total Expenditures 592,302 710,778 825,174 843,828 238,100 46,047 284,147 559,681 34% Revenue Charges for Services 3,491,328 4,195,362 3,608,000 3,608,000 1,237,276 1,237,276 2,370,724 34% Fines, Forfeitures, and Fees - 11 - - 12 12 (12) - Other Income 186 588 - - - - - - Total Revenue 3,491,515 4,195,961 3,608,000 3,608,000 1,237,288 1,237,288 2,370,712 34% Division Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: Emergency Medical Services is a division of the Fire Department. Revenues and expenditures related to EMS billing are tracked in this budget. The Fire Department recovers significant portion of the cost of EMS services through insurance and patient payments. Personnel - The personnel budget includes the wages and benefits for four (4) full-time EMS billing personnel. | Supplies - $323k is budgeted for operating supplies for ambulances, $7.4k for small tools & equipment, and $2k for office supplies. | Services & Charges - Professional services includes collection costs and cleaning services. Utilities includes the water, electric, and natural gas for the eleven (11) fire stations. Repairs & maintenance includes funding for repairs & maintenance for ambulances and repairs to small equipment. Other charges & services includes credit card processing fees and postage. | Accounting Changes - Prior to 2020, the EMS operations were tracked in the EMS Operating Fund (#288). Revenue received from EMS services was not sufficient to cover expenses. Keeping EMS in its own fund would require interfund transfers. Starting in 2020, EMS activities were moved to the General Fund. Moving EMS revenue and expenditures into the General Fund simplified accounting. Ideally, the cost of firefighters assigned to EMS activities would be tracked here as well; but due to frequent changes in assignments, it has proven impractical. Instead, the Fire Department will estimate EMS personnel costs by number of positions assigned, rather than specific firefighters. 55 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Division Name Fire Training Center Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Supplies 13,842 13,287 5,000 5,630 8,470 630 9,100 (3,470) 162% Services & Charges Professional Services - - - - 1,099 - 1,099 (1,099) - Utilities 5,729 18,331 33,000 33,000 12,656 - 12,656 20,344 38% Repairs & Maintenance 10,605 635 110,000 85,000 1,187 2,709 3,896 81,104 5% Total Services & Charges 16,334 18,966 143,000 118,000 14,942 2,709 17,651 100,349 15% Operating Expenditures 30,175 32,253 148,000 123,630 23,412 3,339 26,751 96,879 22% Total Expenditures 30,175 32,253 148,000 123,630 23,412 3,339 26,751 96,879 22% Revenue Charges for Services 1,050 - 50,000 50,000 5,935 5,935 44,065 12% Total Revenue 1,050 - 50,000 50,000 5,935 5,935 44,065 12% Division Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This division was established in 2020 to account for a portion of the costs of the Luther J Taylor Sr. Fire Training Center and associated revenue. Construction of the Training Center was completed in 2014. Prior to that, the South Bend Fire Department would have to find locations for training opportunities, such as using vacant or abandoned houses. The Training Center provided a much needed resource for the South Bend Fire Department as well as other agencies in the area. Firefighters can practice fighting fires in a controlled environment under different scenarios such as apartment buildings, businesses, commercial kitchens, and cars. The Training Center also hosts the recruit academy, as well as classes for the South Bend Fire Department and other agencies. This division is funded by property tax revenue collected in the General Fund and by charges to outside fire departments for their use of the Luther J Taylor Sr. Fire Training Center. Recruit Academy and other classes are offered to other agencies for a fee. Expenditures are directly related to running the Training Center and include utilities and maintenance of the facility. Supplies and services needed for classes and equipment for recruits is also accounted for in the Fire Training Center budget. From 2019 through 2021, capital improvements were made to the training center through the use of bond proceeds. Capital expenditures related to the fire training center upgrade can be seen in the Fire Station #9 Bond Capital Fund (#451). 56 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Division Name Morris Performing Arts Center Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 285,767 430,859 - - - - - - - Fringe Benefits 131,601 200,379 - - - - - - - Total Personnel 417,368 631,239 - - - - - - - Supplies 22,110 29,271 - 8,435 8,435 - 8,435 - 100% Services & Charges Professional Services 2,518 1,650 - 4,444 4,444 - 4,444 - 100% Printing & Advertising 15,702 14,150 - 23,775 12,486 11,287 23,774 1 100% Utilities 112,645 110,532 - - - - - - - Repairs & Maintenance 34,268 61,776 - 9,523 5,140 4,383 9,523 - 100% Education & Training - 3,224 - 4,514 25 - 25 4,489 1% Travel 1,469 3,626 - 3,659 936 - 936 2,723 26% Other Services & Charges 11,433 12,862 - 2,613 1,367 1,126 2,493 120 95% Total Services & Charges 178,034 207,820 - 48,527 24,398 16,797 41,194 7,333 85% Operating Expenditures 617,512 868,330 - 56,962 32,833 16,797 49,629 7,333 87% Interfund Interfund Allocations 210,875 237,973 - - - - - - - Interfund Transfers Out 175,579 - 600,000 600,000 600,000 - 600,000 - 100% Interfund Total 386,454 237,973 600,000 600,000 600,000 - 600,000 - 100% Total Expenditures 1,003,966 1,106,303 600,000 656,962 632,833 16,797 649,629 7,333 99% Revenue Charges for Services 317,745 654,679 - - - - - - Intergov./ Grants - 992,163 - - - - - - Other Income 5,930 2,864 - - 54,878 54,878 (54,878) - Interfund Allocation Reimb 40,118 86,746 - - - - - - Interfund Transfers In 55,367 - - - - - - - Total Revenue 419,160 1,736,453 - - 54,878 54,878 (54,878) - Division Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: This division 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's residents, serves as an economic catalyst in the City, and fosters historic preservation of landmark City venues. The Morris Performing Arts Center (Morris PAC) is a division under the Department of Venues, Parks & Arts. In 2022, the Morris Performing Arts Center's operations will be moved into an enterprise fund due to the nature of the Morris' activities. The Morris' revenues previously accounted for in the General Fund #101) will be moved to the newly created Morris Performing Arts Center Operations Fund (#602). In 2021, the Morris received the Shuttered Venue Operators Grant (SVOG) from the US Small Business Association to help offset the costs from the COVID-19 closure during 2020. In 2022, the Morris Performing Arts Center's operations will be moved into an enterprise fund due to the nature of the Morris' activities. The Morris' expenditures previously accounted for in the General Fund #101) will be moved to the newly created Morris Performing Arts Center Operations Fund (#602). $600,000 is budgeted to be transferred to the new fund to establish the fund's beginning cash balance. The interfund transfer represents the net profit generated by the Morris in recent years, which reverted to the General Fund (#101). 57 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Division Name Palais Royale Ballroom Fund Number 101 Fund Type General Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Type Personnel Salaries & Wages 28,543 - - - - - - - - Fringe Benefits 28,243 - - - - - - - - Total Personnel 56,786 - - - - - - - - Supplies 5,031 1,626 5,000 5,000 2,202 - 2,202 2,798 44% Services & Charges Printing & Advertising 3,693 - - - - - - - - Utilities 80,505 71,095 92,000 92,000 34,255 - 34,255 57,745 37% Repairs & Maintenance 26,223 23,356 61,000 76,767 19,410 12,815 32,226 44,541 42% Other Services & Charges 5,539 8,062 14,640 19,626 4,214 13,372 17,586 2,040 90% Total Services & Charges 115,959 102,514 167,640 188,394 57,880 26,188 84,067 104,326 45% Operating Expenditures 177,777 104,140 172,640 193,394 60,082 26,188 86,269 107,124 45% Interfund Interfund Allocations 43,637 45,407 36,009 36,009 12,003 - 12,003 24,006 33% Interfund Total 43,637 45,407 36,009 36,009 12,003 - 12,003 24,006 33% Total Expenditures 221,414 149,547 208,649 229,403 72,085 26,188 98,272 131,130 43% Revenue Charges for Services 88,843 122,575 136,190 136,190 51,791 51,791 84,399 38% Other Income 4,966 - - - 3,952 3,952 (3,952) - Total Revenue 93,809 122,575 136,190 136,190 55,743 55,743 80,447 41% Division Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: This division 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. The Palais Royale is a division under the Department of Venues, Parks & Arts. This division is funded by property tax revenue collected in the General Fund. Charges for Services is for the rental of the retail space and reimbursement from the caterer for utilities and LaSalle Grill for refuse and recycle service. As a result of a new catering contract, in 2021, the Palais Royale personnel budget was eliminated. One position (Manager-Assistant Facility Operations) was transferred to the Morris Performing Arts Center budget and one position was eliminated (Administrative Assistant I). The remaining expenses budgeted are for utilities and minor repairs and maintenance of the facility. All utilities are paid for by the City and will be reimbursed by the caterer. 58 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Motor Vehicle Highway Fund Number 202 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Shared Revenues 2,985,157 3,204,129 3,050,000 3,050,000 1,063,643 1,063,643 1,986,357 35% Intergov./ Grants - 123,272 - - - - - - Licenses & Permits 300 1,975 1,500 1,500 550 550 950 37% Charges for Services 290,475 224,847 262,300 262,300 33,440 33,440 228,860 13% Interest Earnings 39,751 23,518 19,635 19,635 4,638 4,638 14,997 24% Debt Proceeds 1,778,948 890,000 775,000 775,000 - - 775,000 0% Other Income 56,716 41,861 6,000 6,000 38,331 38,331 (32,331) 639% Interfund Allocation Reimb 149,020 150,163 187,963 187,963 62,654 62,654 125,309 33% Interfund Transfers In 4,937,750 3,500,000 5,550,000 5,550,000 1,850,000 1,850,000 3,700,000 33% Total Revenue 10,238,117 8,159,765 9,852,398 9,852,398 3,053,256 3,053,256 6,799,142 31% Expenditures by Activity Streets / Traffic & Lighting 7,154,221 8,652,023 8,317,336 9,403,790 3,192,492 863,858 4,056,350 5,347,440 43% Curb & Sidewalk Program 1,202,773 1,320,264 1,879,899 2,419,862 706,935 77,984 784,919 1,634,943 32% Total Expenditures 8,356,994 9,972,287 10,197,235 11,823,651 3,899,427 941,842 4,841,269 6,982,383 41% Expenditures by Type Personnel Salaries & Wages 2,715,345 2,826,835 3,330,520 3,330,520 1,125,437 - 1,125,437 2,205,083 34% Fringe Benefits 1,138,382 1,168,166 1,423,392 1,423,392 487,644 - 487,644 935,748 34% Total Personnel 3,853,726 3,995,001 4,753,912 4,753,912 1,613,081 - 1,613,081 3,140,831 34% Supplies 1,065,253 898,714 720,794 799,521 497,771 242,406 740,177 59,344 93% Services & Charges Professional Services 255,097 389,410 700,000 1,239,963 437,166 73,333 510,499 729,464 41% Printing & Advertising 194 771 2,950 3,142 192 181 373 2,769 12% Utilities 44,364 41,299 51,856 51,856 24,040 - 24,040 27,816 46% Repairs & Maintenance 699,746 637,358 692,525 706,382 391,909 3,282 395,191 311,192 56% Education & Training 13,900 2,845 10,000 8,291 8,291 - 8,291 - 100% Travel 2,210 - 5,000 8,000 5,105 - 5,105 2,895 64% Other Services & Charges 161,862 102,368 149,210 146,569 1,122 571 1,693 144,876 1% Debt Service Principal 590,097 874,648 953,898 953,898 307,868 - 307,868 646,030 32% Debt Service Interest & Fees 28,674 39,036 52,508 52,508 13,702 - 13,702 38,806 26% Total Services & Charges 1,796,145 2,087,736 2,617,947 3,170,609 1,189,395 77,367 1,266,762 1,903,848 40% Operating Expenditures 6,715,125 6,981,451 8,092,653 8,724,041 3,300,247 319,773 3,620,020 5,104,023 41% Capital 102,840 1,571,080 775,000 1,770,028 155,986 622,069 778,055 991,973 44% Bad Debt 4,042 - - - - - - - - Interfund Allocations 1,534,987 1,419,756 1,329,582 1,329,582 443,194 - 443,194 886,388 33% Total Expenditures 8,356,994 9,972,287 10,197,235 11,823,651 3,899,427 941,842 4,841,269 6,982,384 41% Net Surplus / (Deficit) 1,881,123 (1,812,522) (344,837) (1,971,253) (846,171) (1,788,013) Beginning Cash Balance 4,743,203 6,607,820 4,772,416 Cash Adjustments (16,506) (22,883) - Ending Cash Balance 6,607,820 4,772,416 2,801,162 3,949,184 Cash Reserves Target 2,089,248 2,493,072 2,955,913 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: Cash Reserves Target 25% of Annual expenditures This fund accounts for a portion of the Streets & Sewers Division's, see operations listed below. Streets & Sewers is a division of the Department of Public Works. 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 2019, the crack-sealing program was revived in an effort to mitigate water infiltration through cracks in the street surface. Additionally, Streets maintains around 398 miles of alley surface. Also operating under Streets is Unit 211, a 24/7 response vehicle that works with the South Bend Police and Fire Departments for emergencies. | Traffic & Lighting - Maintains traffic signs, signals, and city-owned streetlights. Not only does this office provide traffic control in construction areas for Streets & Sewers, but Traffic & Lighting also works with the South Bend Police Dept to provide traffic control for special events in the city, setting up traffic control for events. Additionally, it is responsible for street painting, i.e., line striping, crosswalks, stop bars, etc. | Curb & Sidewalk - An annual program to replace sidewalks, curbs, and curb ramps in poor condition at residential properties throughout the City. City Council members select the locations to be reviewed by Engineering for bidding as a public works project. This fund receives 50% of the City's gas tax and wheel tax distribution from the State of Indiana. Gas tax revenue is distributed monthly by the State and is based on a complex formula, developed by the State, which takes into account population, road and street mileage and other factors. Wheel tax is collected by the Indiana Bureau of Motor Vehicles, remitted to the County, and distributed monthly to the local units based on population and road miles. Tax revenues are not keeping pace with expenses. The City continues to use income tax revenue to support the current level of street maintenance and repair, transferring funds from Local Income Tax Certified Shares Fund (#404). Personnel - The personnel budget in this fund includes the wages and benefits of 59 full-time employees and part-time & seasonal workers as well. | Supplies - The supplies budget is for the procurement of street paving materials and other materials needed to repair and replace street and traffic lights and signs. It also includes operational supplies for the Streets and Traffic & Lighting operations such as fuel for vehicles, small tools & equipment, uniforms, and office supplies. Road salt is also budgeted in this fund at $350,000 for 2022. | Services - The repair & maintenance budget includes R&M for vehicles, equipment, and buildings. The professional services budget includes funding for contracted paving of curbs & sidewalks. The utilities budget includes 50% of the costs of electric, natural gas, and water for the Public Works Service Center. The other 50% is paid for by the Sewers subdivision which is budgeted in the Sewage Works Operations Fund (#641). | Curb & Sidewalk Program - Seven (7) full-time personnel are budgeted along with a budget for part-time & seasonal workers. As the Common Council wanted to expand the program, three (3) Concrete Finishers were added to the 2019 budget. 59 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name MVH Restricted Fund Number 266 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Shared Revenues 2,985,157 3,204,129 3,050,000 3,050,000 1,063,643 1,063,643 1,986,357 35% Interest Earnings 12,589 9,704 285 285 2,969 2,969 (2,684) 1042% Debt Proceeds - - 925,000 925,000 - - 925,000 0% Total Revenue 2,997,747 3,213,833 3,975,285 3,975,285 1,066,612 1,066,612 2,908,673 27% Expenditures by Type Personnel Salaries & Wages 221,144 247,754 429,064 429,064 4,961 - 4,961 424,103 1% Fringe Benefits 103,529 110,873 159,953 159,953 2,841 - 2,841 157,112 2% Total Personnel 324,673 358,626 589,017 589,017 7,802 - 7,802 581,215 1% Supplies 1,165,290 1,099,093 1,516,135 1,569,007 128,087 49,352 177,439 1,391,568 11% Services & Charges Professional Services - 249,700 - - - - - - - Repairs & Maintenance 1,042,462 568,445 1,419,325 1,816,325 414,716 820,411 1,235,127 581,198 68% Debt Service Principal - - 175,924 175,924 - - - 175,924 0% Debt Service Interest & Fees - - 22,033 22,033 - - - 22,033 0% Total Services & Charges 1,042,462 818,145 1,617,282 2,014,282 414,716 820,411 1,235,127 779,155 61% Capital - 15,800 925,000 925,000 - 688,008 688,008 236,992 74% Total Expenditures 2,532,426 2,291,664 4,647,434 5,097,306 550,605 1,557,771 2,108,376 2,988,930 41% Net Surplus / (Deficit) 465,321 922,169 (672,149) (1,122,021) 516,008 (1,041,764) Beginning Cash Balance 650,402 1,126,297 2,042,332 Cash Adjustments 10,574 (6,134) - Ending Cash Balance 1,126,297 2,042,332 920,312 2,576,480 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: The MVH Restricted Fund was established in 2019 due to a directive from the Indiana 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. Gas tax revenue is distributed monthly by the State and is based on a complex formula, developed by the State, which takes into account population, road and street mileage and other factors. Wheel tax is collected by the Indiana Bureau of Motor Vehicles, remitted to the County, and distributed monthly to the local units based on population and road miles. 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. Cash Reserves Target No reserve requirement 60 City of South Bend, Indiana Monthly Financial Report April 30, 2022 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Shared Revenues 5,970,315 6,408,258 6,100,000 6,100,000 2,127,286 2,127,286 3,972,714 35% Intergov./ Grants - 123,272 - - - - - - Licenses & Permits 300 1,975 1,500 1,500 550 550 950 37% Charges for Services 290,475 224,847 262,300 262,300 33,440 33,440 228,860 13% Interest Earnings 52,340 33,222 19,920 19,920 7,607 7,607 12,313 38% Debt Proceeds 1,778,948 890,000 1,700,000 1,700,000 - - 1,700,000 0% Other Income 56,716 41,861 6,000 6,000 38,331 38,331 (32,331) 639% Interfund Allocation Reimb 149,020 150,163 187,963 187,963 62,654 62,654 125,309 33% Interfund Transfers In 4,937,750 3,500,000 5,550,000 5,550,000 1,850,000 1,850,000 3,700,000 33% Total Revenue 13,235,863 11,373,598 13,827,683 13,827,683 4,119,868 4,119,868 9,707,815 30% Expenditures by Fund Motor Vehicle Highway (#202)8,356,994 9,972,287 10,197,235 11,823,651 3,899,427 941,842 4,841,269 6,982,383 41% MVH Restricted (#266)2,532,426 2,291,664 4,647,434 5,097,306 550,605 1,557,771 2,108,376 2,988,930 41% Total Expenditures 10,889,419 12,263,951 14,844,669 16,920,957 4,450,032 2,499,613 6,949,645 9,971,313 41% Expenditures by Activity Streets / Traffic & Lighting 9,686,646 10,943,687 12,964,770 14,501,095 3,743,097 2,421,629 6,164,726 8,336,370 43% Curb & Sidewalk Program 1,202,773 1,320,264 1,879,899 2,419,862 706,935 77,984 784,919 1,634,943 32% Total Expenditures 10,889,419 12,263,951 14,844,669 16,920,957 4,450,032 2,499,613 6,949,645 9,971,313 41% Expenditures by Type Personnel Salaries & Wages 2,936,488 3,074,589 3,759,584 3,759,584 1,130,399 - 1,130,399 2,629,185 30% Fringe Benefits 1,241,911 1,279,038 1,583,345 1,583,345 490,485 - 490,485 1,092,860 31% Total Personnel 4,178,400 4,353,627 5,342,929 5,342,929 1,620,884 - 1,620,884 3,722,045 30% Supplies 2,230,544 1,997,807 2,236,929 2,368,527 625,857 291,758 917,616 1,450,912 39% Services & Charges Professional Services 255,097 639,109 700,000 1,239,963 437,166 73,333 510,499 729,464 41% Printing & Advertising 194 771 2,950 3,142 192 181 373 2,769 12% Utilities 44,364 41,299 51,856 51,856 24,040 - 24,040 27,816 46% Repairs & Maintenance 1,742,208 1,205,803 2,111,850 2,522,707 806,625 823,693 1,630,317 892,390 65% Education & Training 13,900 2,845 10,000 8,291 8,291 - 8,291 - 100% Travel 2,210 - 5,000 8,000 5,105 - 5,105 2,895 64% Other Services & Charges 161,862 102,368 149,210 146,569 1,122 571 1,693 144,876 1% Debt Service Principal 590,097 874,648 1,129,822 1,129,822 307,868 - 307,868 821,954 27% Debt Service Interest & Fees 28,674 39,036 74,541 74,541 13,702 - 13,702 60,839 18% Total Services & Charges 2,838,607 2,905,881 4,235,229 5,184,891 1,604,111 897,778 2,501,888 2,683,003 48% Operating Expenditures 9,247,550 9,257,315 11,815,087 12,896,347 3,850,852 1,189,536 5,040,388 7,855,960 39% Capital 102,840 1,586,880 1,700,000 2,695,028 155,986 1,310,077 1,466,063 1,228,965 54% Bad Debt 4,042 - - - - - - - - Interfund Allocations 1,534,987 1,419,756 1,329,582 1,329,582 443,194 - 443,194 886,388 33% Total Expenditures 10,889,419 12,263,951 14,844,669 16,920,957 4,450,032 2,499,613 6,949,645 9,971,313 41% Net Surplus / (Deficit) 2,346,444 (890,352) (1,016,986) (3,093,274) (330,164) (2,829,777) Beginning Cash Balance 5,393,605 7,734,117 6,814,748 Cash Adjustments (5,932) (29,017) - Ending Cash Balance 7,734,117 6,814,748 3,721,474 6,525,664 Motor Vehicle Highway Budget Summary - Fund 202 & 266 This summary shows the combined Motor Vehicle Highway (MVH) Fund and MVH Restricted Fund. These funds account for a portion of the Streets & Sewers Division's operations including: Streets, Traffic & Lighting, and Curb & Sidewalk. Streets & Sewers is a division of the Department of Public Works. For the purposes of reporting to the State of Indiana, these funds are combined; however, their accounting must be kept separate based on the directive put forth by the Indiana 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. 61 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Local Road & Street Fund Number 251 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Shared Revenues 1,781,618 1,939,498 1,829,152 1,829,152 664,322 664,322 1,164,830 36% Intergov./ Grants 101,082 670,528 947,000 947,000 - - 947,000 0% Interest Earnings 43,781 18,850 7,417 7,417 3,359 3,359 4,058 45% Other Income 18,968 - - - - - - - Interfund Transfers In - - - - - - - - Total Revenue 1,945,448 2,628,875 2,783,569 2,783,569 667,681 667,681 2,115,888 24% Expenditures by Type Supplies 4,468 367,364 350,000 383,184 18,423 28,538 46,961 336,223 12% Services & Charges Professional Services 200,078 459,207 1,170,000 1,492,455 116,804 1,163,309 1,280,113 212,342 86% Repairs & Maintenance 795,967 534,977 250,000 168,494 40,846 127,648 168,494 - 100% Other Services & Charges 2,094 8,202 - - - - - - - Total Services & Charges 998,139 1,002,386 1,420,000 1,660,949 157,651 1,290,957 1,448,607 212,342 87% Capital 1,552,078 543,198 300,000 612,767 65,557 252,505 318,062 294,705 52% Interfund Transfers Out 1,000,000 2,000,000 1,000,000 1,000,000 350,100 - 350,100 649,900 35% Total Expenditures 3,554,685 3,912,948 3,070,000 3,656,900 591,730 1,571,999 2,163,730 1,493,170 59% Net Surplus / (Deficit) (1,609,236) (1,284,072) (286,431) (873,331) 75,950 (1,496,049) Beginning Cash Balance 5,233,148 3,632,884 2,349,376 Cash Adjustments 8,971 565 - Ending Cash Balance 3,632,884 2,349,376 1,476,045 2,448,752 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund is used to track expenditures for road projects managed by the Engineering division of the Department of Public Works. Per Indiana Code Section 8-14-2-5, this fund "shall be used exclusively by the cities, towns, and counties for: engineering, land acquisition, construction, resurfacing, maintenance, restoration, or rehabilitation of both local and arterial road and street systems; the payment of principal and interest on bonds sold primarily to finance road, street, or thoroughfare projects; any local costs required to undertake a recreational or reservoir road project under IC 8-23-5; or the purchase, rental, or repair of highway equipment." This fund receives gas taxes from the State of Indiana as its primary revenue source. Gas tax revenue is distributed monthly by the State and is based on a complex formula, developed by the State, which takes into account population, road and street mileage and other factors. Gas tax is forecasted conservatively given the changes in the State's distribution formula. 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. In 2019, $2.5 million was transferred from the Local Income Tax Economic Development Fund (#408) to cover the cost of 20% local match for the Bendix Drive Pavement Replacement Project. Expenditures in this fund are for general street maintenance, traffic calming, outsourced paving, and traffic signal maintenance. Expenditures are based on the revenues received. There is no cash reserve requirement as this is a capital fund so it is spent down on capital projects. In 2021, the City issued an infrastructure bond to fund city-wide street improvements. As a result, some of the outsourced paving expenses typically budgeted for in this fund were moved to the 2021 Infrastructure Bond Capital Fund (#455). This fund supports a 50/50 matching grant (Community Crossings), funding $1,000,000 as the matching portion as an Interfund transfer to the Local Road & Bridge Grant Fund (#265). The transfer from this fund was suspended in 2021 and the matching portion was covered by the 2021 Infrastructure Bond Capital Fund (#455) and this fund transferred $2 million to the Motor Vehicle Highway Fund (#202). In 2022, this fund will resume the $1 million matching transfer to Fund #265. Cash Reserves Target No reserve requirement 62 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name LOIT Special Distribution Fund Number 257 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Grants 144,097 - - - - - - - Interest Earnings 1,257 1,469 543 543 326 326 217 60% Other Income - 1,500 - - - - - - Total Revenue 145,354 2,969 543 543 326 326 217 60% Expenditures by Type Services & Charges Professional Services 17,856 3,762 - - - - - - - Total Services & Charges 17,856 3,762 - - - - - - - Capital 31,938 20,166 - 56,950 - 56,950 56,950 - 100% Total Expenditures 49,793 23,927 - 56,950 - 56,950 56,950 - 100% Net Surplus / (Deficit)95,560 (20,958) 543 (56,407) 326 (56,624) Beginning Cash Balance 170,735 266,588 245,630 Cash Adjustments 293 - - Ending Cash Balance 266,588 245,630 189,223 245,956 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established in 2016, per the Indiana 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 (Senate Enrolled Act 67), 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). Based on the fund purpose listed above, the one-time payment of local income tax received for infrastructure improvements has been expended and therefore this fund is slated to be inactivated once all funds are spent. The City continues to use this cash to help fund infrastructure projects. The fund should be spent down in the next year or so. Projects are managed by the Engineering division of the Department of Public Works. Cash Reserves Target No reserve requirement - one-time distribution - spend down to zero 63 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Local Road & Bridge Grant Fund Number 265 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Grants 1,102,365 791,072 1,000,000 1,000,000 350,100 350,100 649,900 35% Interest Earnings 7,642 4,832 1,049 1,049 826 826 223 79% Other Income - - - - - - - - Interfund Transfers In 1,522,365 1,000,000 1,000,000 1,000,000 350,100 350,100 649,900 35% Total Revenue 2,632,372 1,795,904 2,001,049 2,001,049 701,026 701,026 1,300,023 35% Expenditures by Type Services & Charges Repairs & Maintenance 1,691,081 2,482,521 2,000,000 2,923,443 210,545 504,570 715,115 2,208,327 24% Other Services & Charges - - - - - - - - - Total Services & Charges 1,691,081 2,482,521 2,000,000 2,923,443 210,545 504,570 715,115 2,208,327 24% Capital - - - - - - - - - Total Expenditures 1,691,081 2,482,521 2,000,000 2,923,443 210,545 504,570 715,115 2,208,327 24% Net Surplus / (Deficit) 941,291 (686,618) 1,049 (922,394) 490,481 (14,089) Beginning Cash Balance 449,431 1,391,493 704,875 Cash Adjustments 770 - - Ending Cash Balance 1,391,493 704,875 (217,519) 1,195,356 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 10486-16) to account for the receipt of the Community Crossings state grant and matching revenue (50/50) 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. The City is seeking $1 million in grant funding each year. In February 2017, the City received its first Community Crossings matching grant from INDOT for $1 million. The City's matching portion is covered by interfund transfers from other City funds. The transfers have come from the following funds: 2017 - $1 million - LOIT 2016 Special Distribution Fund (#257) | 2018 - $670,000 - LOIT 2016 Special Distribution Fund (#257) | 2019 - $553,253 - Local Road & Street Fund (#251) | 2020 - $1 million - Local Road & Street Fund (#251), $522,365 - Major Moves Construction Fund (#412) | 2021 - $1 million - 2021 Infrastructure Bonds Fund (#455) | 2022 - $1 million - Local Road & Street Fund (#251) Expenditures are calculated on anticipated grant proceeds, plus the City's matching portion funded by Local Road & Street Fund (#251). The Community Crossings Matching Grant project includes pavement reconstruction - asphalt milling and resurfacing and curb ramps. Projects are managed by the Engineering division of the Department of Public Works. Cash Reserves Target No reserve requirement - Grant fund - spend down to zero 64 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Major Moves Construction Fund Number 412 Fund Type Capital Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Grants 668 84,756 - - - - - - Interest Earnings 17,411 9,556 3,481 3,481 2,635 2,635 846 76% Other Income 493,328 493,328 493,328 493,328 246,664 246,664 246,664 50% Total Revenue 511,407 587,639 496,809 496,809 249,299 249,299 247,510 50% Expenditures by Type Supplies - - 350,000 350,000 - - - 350,000 0% Services & Charges Professional Services 108,890 57,027 - 489,238 44,689 444,549 489,238 - 100% Repairs & Maintenance 44,201 - 450,000 450,000 - - - 450,000 0% Total Services & Charges 153,090 57,027 450,000 939,238 44,689 444,549 489,238 450,000 52% Capital 649,253 27,855 500,000 500,000 - 799 799 499,201 0% Interfund Transfers Out 522,365 - - - - - - - - Total Expenditures 1,324,708 84,882 1,300,000 1,789,238 44,689 445,349 490,038 1,299,201 27% Net Surplus / (Deficit)(813,301) 502,758 (803,191) (1,292,429) 204,610 (240,739) Beginning Cash Balance 2,195,972 1,386,436 1,889,193 Cash Adjustments 3,765 - - Ending Cash Balance 1,386,436 1,889,193 596,764 2,093,803 Cash Reserves Target - - - 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 managed by the Engineering division of the Department of Public Works. Per Indiana Code Section 8-14-16-5, “money in the fund may be expended only for the following purposes: (1) Construction of highways, roads, and bridges; (2) In a county that is a member of the northwest Indiana regional development authority, or in a city or town located in such a county, any purpose for which the regional development authority may make expenditures under IC 36-7.5; (3) Providing funding for economic development projects (as defined in IC 6-3.5-7-13.1(c)(1) or IC 6-3.5-7-13.1(c)(2)(A) through IC 6-3.5-7- 13.1(c)(2)(K)); (4) Matching federal grants for a purpose described in this section; (5) Providing funding for interlocal agreements under IC 36-1-7 for a purpose described in this section; (6) Providing the county's, city's, or town's contribution to a regional development authority established under IC 36-7.6-2-3.” This fund receives principal and interest income from interfund loans (debt schedules #84 & #85) being repaid by the River East Residential TIF Fund (#436). The loans will be paid off in 2024 and 2029. This fund also receives revenue from interest earned on the fund's cash balance. Since the original funding for Major Moves was realized in 2006 from the lease proceeds of the Indiana Toll Road and the interfund loans will eventually be paid off, there will be no funding source remaining by 2029. At that time, this fund will be spent down to zero. For 2021, $450,000 was budgeted for the Streets Division to use for street paving materials. In 2022, internal street paving materials decreased to $350,000. Budgeted for 2022 is $450,000 for Contracted Paving - as part of the City's Rebuilding our Streets Initiative. Also funded in 2022 is $200,000 Flashing Beacon and $300,000 Guardrail Installation. Cash Reserves Target No reserve requirement - Capital fund - spend down to zero 65 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name 2021 Infrastructure Bond Capital Fund Number 455 Fund Type Capital Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings - 21,221 - - 5,032 5,032 (5,032) - Interfund Transfers In - 8,601,026 - - - - - - Total Revenue - 8,622,248 - - 5,032 5,032 (5,032) - Expenditures by Type Capital - 3,785,766 - 3,815,260 283,738 1,377,341 1,661,079 2,154,181 44% Interfund Transfers Out - 1,000,000 - - - - - - - Total Expenditures - 4,785,766 - 3,815,260 283,738 1,377,341 1,661,079 2,154,181 44% Net Surplus / (Deficit)- 3,836,482 - (3,815,260) (278,706) (1,656,047) Beginning Cash Balance - - 3,836,482 Cash Adjustments - - - Ending Cash Balance - 3,836,482 21,222 3,618,420 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Cash Reserves Target No reserve requirement - Bond capital fund - spend down to zero This fund was established to track the expenditures of the proceeds from the LIT Lease Rental Revenue Bonds, Series 2021. The bonds were issued to fund street and neighborhood infrastructure projects. The bonds were secured with local income tax funding and are being repaid by the Local Income Tax Economic Development Fund (#408). Payment of debt service principal and interest to the bondholders is recorded in the Building Corporation Fund (#755). The bonds were closed on May 12, 2021 with a par amount of $7,610,000 and a premium of $1,250,022, a total of $8,860,022. The bonds have a net interest rate of 3.4%. The bond proceeds and cost of issuance were accounted for in the Building Corporation Fund (#755). The net amount of $8,601,026 was transferred from Fund #755 to this bond capital fund to be used towards the approved capital projects. The bonds proceeds will be spent towards improving the City's neighborhoods through street and infrastructure improvements. In 2021, $1,000,000 was transferred to the Local Road & Bridge Grant Fund (#265) as the City's match portion for the Community Crossings state matching grant from the Indiana Department of Transportation (INDOT). In 2022, the Local Road & Street Fund (#251) will resume the matching transfer. 66 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Solid Waste Operations Fund Number 610 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 5,656,106 6,092,214 6,398,200 6,398,200 2,138,060 2,138,060 4,260,140 33% Interest Earnings 2,362 781 - - 1,051 1,051 (1,051) - Other Income 98,540 49,951 45,000 45,000 63,019 63,019 (18,019) 140% Interfund Transfers In 250,000 1,796,371 - - 263,149 263,149 (263,149) - Total Revenue 6,007,008 7,939,316 6,443,200 6,443,200 2,465,280 2,465,280 3,977,921 38% Expenditures by Type Personnel Salaries & Wages 1,151,775 1,116,262 1,294,255 1,294,255 399,091 - 399,091 895,164 31% Fringe Benefits 491,924 450,803 625,177 625,177 165,652 - 165,652 459,525 26% Total Personnel 1,643,699 1,567,066 1,919,432 1,919,432 564,744 - 564,744 1,354,689 29% Supplies 328,387 314,035 448,120 449,050 104,866 39,412 144,278 304,772 32% Services & Charges Printing & Advertising 504 4,106 5,193 5,193 - - - 5,193 0% Repairs & Maintenance 1,156,210 1,249,530 1,030,000 1,030,000 533,751 - 533,751 496,249 52% Education & Training - 17,160 20,000 20,000 - - - 20,000 0% Travel - - 9,900 9,900 - - - 9,900 0% Other Services & Charges 1,163,619 1,126,780 1,206,884 1,299,253 382,746 738,483 1,121,229 178,024 86% Debt Service Principal - 250,000 - - - - - - - Total Services & Charges 2,320,333 2,647,575 2,271,977 2,364,346 916,497 738,483 1,654,980 709,366 70% Operating Expenditures 4,292,419 4,528,676 4,639,529 4,732,828 1,586,106 777,896 2,364,002 2,368,827 50% Bad Debt 35,467 24,584 62,273 62,273 600,237 - 600,237 (537,964) 964% Interfund Interfund Allocations 958,978 1,185,129 1,187,501 1,187,501 395,834 - 395,834 791,667 33% Interfund Transfers Out 979,213 867,967 1,124,161 1,124,161 542,120 - 542,120 582,041 48% Total Interfund 1,938,191 2,053,096 2,311,662 2,311,662 937,954 - 937,954 1,373,708 41% Total Expenditures 6,266,076 6,606,356 7,013,464 7,106,763 3,124,297 777,896 3,902,193 3,204,571 55% Net Surplus / (Deficit) (259,069) 1,332,960 (570,264) (663,563) (659,016) (1,436,912) Beginning Cash Balance 449,145 87,032 906,471 Cash Adjustments (103,044) (513,522) - Ending Cash Balance 87,032 906,471 242,908 576,237 Cash Reserves Target 626,608 660,636 710,676 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: This fund was established to account for the operations of the Solid Waste Division of the Department of Public Works. Solid Waste provides weekly trash collection service. Additional services available to residents include trash extra bulky collection, weekly yard waste collection, yard waste extra bulky collection, and Christmas tree collection. This fund is funded by charging City residents a monthly fee for pick-up and disposal of trash at an area landfill/transfer station and recycling centers. The most recent rate increases were in 2008 (ordinance no. 9861-08), 2017 (ordinance no. 10400-15), and 2021 (ordinance no. 10797-21). At the end of 2020, the Common Council approved an interfund loan from the Sewage Works Operations Fund (#641) to this fund in order to ensure the cash balance was not negative at year-end. The loan was repaid June 30, 2021. Personnel - The personnel budget includes the wages and benefits for twenty-five (25) full-time employees and a small budget for one (1) part-time employee. Rates for drivers have gone up significantly. | Supplies - The supplies budget includes fuel for the trash trucks, trash and yard waste totes, uniforms, and other small operating supplies. | Services - The repair & maintenance budget includes R&M for the trash trucks. The majority of the budget for other charges & services is for landfill costs (approx. $1.2 million budgeted for 2022). Landfill costs have continued to increase as the volume of trash collected rises year after year. However, the City does not charge residents based on the volume of trash picked up so there is no additional revenue to help offset the increased costs. The City will continue to look for ways to be more efficient and/or raise more revenue. | Capital - Solid Waste's capital needs are tracked in a separate capital fund (#611). Funds are transferred to capital fund as needed for the payment of debt service payments for capital leases. The City purchases new trash trucks through 5-year capital leases. Cash Reserves Target 10% of Annual expenditures 67 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Solid Waste Capital Fund Number 611 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 946 34 - - 103 103 (103) - Debt Proceeds 375,000 758,270 1,430,000 1,430,000 - - 1,430,000 0% Interfund Transfers In 979,213 867,967 1,124,161 1,124,161 542,120 542,120 582,041 48% Total Revenue 1,355,159 1,626,271 2,554,161 2,554,161 542,224 542,224 2,011,938 21% Expenditures by Type Services & Charges Debt Service Principal 927,626 843,122 1,061,327 1,061,327 269,618 - 269,618 791,709 25% Debt Service Interest & Fees 51,027 37,977 62,834 62,834 10,203 - 10,203 52,631 16% Total Services & Charges 978,653 881,100 1,124,161 1,124,161 279,821 - 279,821 844,340 25% Capital 53,416 354,135 1,430,000 2,209,135 758,270 1,294,726 2,052,996 156,139 93% Total Expenditures 1,032,069 1,235,235 2,554,161 3,333,296 1,038,091 1,294,726 2,332,817 1,000,479 70% Net Surplus / (Deficit) 323,090 391,036 - (779,135) (495,867) (1,790,593) Beginning Cash Balance 64,925 388,126 779,163 Cash Adjustments 111 - - Ending Cash Balance 388,126 779,163 28 283,295 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to account for capital expenditures and debt service related to the Solid Waste Division of the Department of Public Works. Some equipment is purchased through capital leases which are paid off over 5 years. This fund receives interfund transfers from the Solid Waste Operations Fund (#610) to cover expenditures as needed. Debt proceeds are from capital leases. The funds are held by an escrow agent and expended upon the provision by the City of a proper claim form and invoice. Over the next five years, Solid Waste plans to replace older trucks with side-load dedicated units, replacing about two trucks a year. These trucks will be purchased with capital lease proceeds. The principal and interest expense budgeted is for capital lease payments for the trucks. Cash Reserves Target No reserve requirement - Capital fund - spend down to zero 68 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Water Works Operations Fund Number 620 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 19,530,007 19,423,624 20,020,371 20,020,371 5,505,555 5,505,555 14,514,816 27% Interest Earnings 29,477 28,409 15,362 15,362 15,635 15,635 (273) 102% Other Income 30,256 23,582 20,000 20,000 92,057 92,057 (72,057) 460% Interfund Allocation Reimb 1,788,327 1,856,424 1,414,701 1,414,701 471,567 471,567 943,134 33% Interfund Transfers In 83,727 656,984 - - 294,102 294,102 (294,102) - Total Revenue 21,461,793 21,989,022 21,470,434 21,470,434 6,378,915 6,378,915 15,091,518 30% Expenditures by Type Personnel Salaries & Wages 3,387,258 3,192,897 3,894,196 3,894,196 1,210,711 - 1,210,711 2,683,485 31% Fringe Benefits 1,442,985 1,353,254 1,764,581 1,764,581 532,731 1,701 534,431 1,230,150 30% Total Personnel 4,830,243 4,546,151 5,658,777 5,658,777 1,743,441 1,701 1,745,142 3,913,635 31% Supplies 1,266,625 1,039,704 1,531,847 1,912,196 626,040 313,374 939,414 972,781 49% Services & Charges Professional Services 850,848 749,968 656,560 1,024,568 273,984 379,392 653,376 371,192 64% Printing & Advertising 2,209 2,029 10,359 10,359 1,635 136 1,771 8,588 17% Utilities 752,924 774,893 825,700 825,700 259,018 - 259,018 566,682 31% Repairs & Maintenance 388,841 465,164 446,700 514,744 105,275 78,259 183,534 331,210 36% Education & Training 10,322 20,142 32,675 33,875 2,882 1,600 4,482 29,393 13% Travel 2,754 - 18,750 18,750 - - - 18,750 0% Other Services & Charges 2,998,135 2,896,198 3,079,422 3,304,675 804,613 166,515 971,128 2,333,547 29% Debt Service Principal 401,882 296,671 201,048 201,048 100,006 - 100,006 101,042 50% Debt Service Interest & Fees 15,525 8,064 3,132 3,132 2,084 - 2,084 1,048 67% Total Services & Charges 5,423,441 5,213,129 5,274,346 5,936,850 1,549,497 625,901 2,175,398 3,761,452 37% Operating Expenditures 11,520,310 10,798,983 12,464,970 13,507,823 3,918,978 940,976 4,859,954 8,647,868 36% Bad Debt 99,420 51,503 100,000 100,000 984,759 - 984,759 (884,759) 985% Interfund Interfund Allocations 2,184,334 2,267,793 2,342,714 2,342,714 780,905 - 780,905 1,561,809 33% PILOT 1,629,442 1,611,201 1,613,639 1,613,639 806,820 - 806,820 806,820 50% Interfund Transfers Out 5,166,931 4,951,702 6,649,430 6,649,430 2,231,772 - 2,231,772 4,417,658 34% Total Interfund 8,980,707 8,830,696 10,605,783 10,605,783 3,819,496 - 3,819,496 6,786,287 36% Total Expenditures 20,600,437 19,681,182 23,170,753 24,213,606 8,723,233 940,976 9,664,210 14,549,396 40% Net Surplus / (Deficit) 861,356 2,307,840 (1,700,319) (2,743,172) (2,344,319) (3,285,295) Beginning Cash Balance 4,204,418 4,840,727 6,550,457 Cash Adjustments (225,047) (598,110) - Ending Cash Balance 4,840,727 6,550,457 3,807,285 4,936,474 Cash Reserves Target 1,030,022 984,059 1,210,680 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: Cash Reserves Target 5% of Annual expenditures This fund was established to account for the revenues and operational expenses of the City-owned water utility. This fund also provides the monies for debt service obligations and capital improvements through transfer of monies to other water utility funds. The water utility is run by the Water Works Division of the Department of Public Works. Water Works solely utilizes groundwater to serve more than 112,000 customers. There are nine well fields which can produce water to be treated before making its way to homes and businesses via 550+ miles of water main. Water Works staff regularly conducts thorough testing on the groundwater before, during and after treatment, as well as throughout the distribution system. Water being distributed meets or exceeds all drinking water regulations. The general source of the water utility's revenue comes from the water service that is provided to its customers. The last rate increase was approved in 2021 (ordinance no. 10797-21). The purpose of the comprehensive rate adjustment is to provide a multi-year plan that meets the operational and capital needs of the utilities, gradually adjusting rates to generate sufficient cash flow. The increases are based on recommendations of a comprehensive utility long-term rate plan commissioned by the City. Changes to water rates are subject to approval of the Indiana Utility Regulatory Commission (IURC). Charges for services revenue forecast assumptions remain conservative. Other Income consists of reimbursements and other miscellaneous type sales. Interfund Allocation Reimbursement consists of the Utility Customer Service Allocation, which allocates the operational costs of the customer service department to benefiting operations including Sewage Works (Fund #641), Solid Waste (Fund #610), and Project ReLeaf (Fund #655); and the Payroll Cost Allocation, which allocates a portion of wages and benefits for positions that serve other divisions within the Department of Public Works. This fund also receives interest earnings from the other water utility funds (#624, 625, 626 and 629) for interest earned on cash balances in those funds that is subsequently transferred to this fund. Operational expenditures include those incurred in operating source of supply and pumping facilities, treatment facilities and distribution facilities. In addition, customer service costs are related to utility billing and collections. | Personnel - The personnel budget includes the wages and benefits for 68 full-time employees, and $86k for part-time and seasonal wages. | Supplies - The supplies budget includes inventory such as replacement parts for water mains and hydrants, repair & maintenance materials, concrete supplies, water treatment chemicals, laboratory supplies, fuel for vehicles and equipment, hardware supplies such as small tools & equipment, office supplies, and other small operating supplies. | Services - The repair & maintenance budget includes R&M for vehicles, equipment, buildings, and minor water infrastructure repairs. The utilities budget includes the costs of electric, natural gas, and water for the Water Works Division's facilities and distribution sites. Professional services include well cleaning, electrical services, large meter testing, evaluation studies, and more. Other charges & services includes $1.1 million for various services associated with the utility's customer service billing and collections activities such as credit card processing fees, bill production and mailing, and utility billing software charges. Other charges and services also includes $1.1 million for plumbing contractors for the Water Insurance Service Line Leak Program. | Debt service principal and interest payments are for capital leases used to purchase water meters. The leases will be paid off in 2021 and 2022 (debt schedules #149 & #158). | Interfund Transfers Out include transfers to the Water Works Sinking Fund (#625) to fund debt service principal and interest payments on bonds, transfers to the Water Works Capital Fund (#622) to fund capital expenditures, and transfers to the Water Works Operations & Maintenance (O&M) Reserve (Fund #629). | Payment in lieu of taxes (PILOT) is transferred to the General Fund (#101). PILOT is calculated as 3% of the net book value of the Water Utility's capital assets. | Capital - Water Work's capital needs are tracked in a separate capital fund (#622). Funds are transferred as needed to cover capital expenditures. 69 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Water Works Capital Fund Number 622 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 236,907 171,959 210,000 210,000 11,323 11,323 198,678 5% Interest Earnings 51,626 50,372 2,173 2,173 13,272 13,272 (11,099) 611% Other Income 9,568 11,040 - - - - - - Interfund Transfers In 3,862,000 3,373,000 3,987,000 3,971,704 1,329,000 1,329,000 2,642,704 33% Total Revenue 4,160,101 3,606,371 4,199,173 4,183,877 1,353,595 1,353,595 2,830,283 32% Expenditures by Type Services & Charges Professional Services 31,704 22,740 100,000 159,347 26,649 32,698 59,347 100,000 37% Total Services & Charges 31,704 22,740 100,000 159,347 26,649 32,698 59,347 100,000 37% Capital 726,784 1,511,591 8,887,000 12,575,940 275,899 4,839,588 5,115,486 7,460,454 41% Bad Debt - (428) - - - - - - - Total Expenditures 758,488 1,533,903 8,987,000 12,735,287 302,547 4,872,286 5,174,833 7,560,454 41% Net Surplus / (Deficit) 3,401,613 2,072,468 (4,787,827) (8,551,410) 1,051,048 (3,821,238) Beginning Cash Balance 4,187,432 7,652,044 9,672,979 Cash Adjustments 62,999 (51,533) - Ending Cash Balance 7,652,044 9,672,979 1,121,569 10,729,136 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: 2022 Adopted budget includes: Equipment: $25,000 • (1) Trailer 20 ' Long for Dump Truck Vehicles: $462,000 • (1) Tandem Axle Dump Truck - $275,000 • (2) Mini Cargo Vans - $66,000 • (1) Pickup Valve Truck - $65,000 • (2) Hybrid Vehicles - $56,000 Water Mains: $1,900,000 • New Main on Lathrop Street-Bendix Drive to Portage Avenue - $888,000 • Water main, hydrant, and valve replacement - $715,000 • New on Trail ROW-Dublin Street to Cripe Street - $297,000 Water Meter Replacement - $4,000,000 System Renewal Projects- TBD - $2,500,000 Services for Capital Planning - $100,000 Cash Reserves Target No reserve requirement - Capital fund - spend down to zero This fund was established to account 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. This fund receives interfund transfers from the Water Works Operations Fund (#620) as needed to cover capital expenditures. This fund also receives revenue from a system development fee: a one-time capital contribution charged to customers making a new connection to the water system. 70 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Water Works Customer Deposit Fund Number 624 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 11,222 7,493 - - - - - - Total Revenue 11,222 7,493 - - - - - - Expenditures Interfund Transfers Out 16,448 7,493 - - - - - - - Total Expenditures 16,448 7,493 - - - - - - - Net Surplus / (Deficit)(5,227) - - - - - Beginning Cash Balance 1,287,448 1,263,319 1,279,314 Cash Adjustments (18,903) 15,996 - Ending Cash Balance 1,263,319 1,279,314 1,279,314 1,283,549 Cash Reserves Target 1,263,319 1,279,314 1,279,314 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to retain the security deposits collected from utility customers. Upon termination of service, the security deposited is refunded in the form of a credit to the customer's final bill. Historically, this fund received revenue from interest earned on the fund's cash balance. In 2022, the City will change its interest earnings allocation methodology to deposit interest earned by this fund directly into Fund 620 rather than transferring it. Historically, interest earned on this fund's cash balance was transferred to the Water Works Operations Fund (#620). In 2022, the City will change its interest earnings allocation methodology to deposit interest earned by this fund directly into Fund 620 rather than transferring it. Cash Reserves Target 100% cash reserves for customer deposits 71 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Water Works Sinking (Debt Service) Fund Number 625 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 8,907 2,818 - - - - - - Interfund Transfers In 1,218,000 1,508,702 2,662,430 2,662,430 887,476 887,476 1,774,954 33% Total Revenue 1,226,907 1,511,520 2,662,430 2,662,430 887,476 887,476 1,774,954 33% Expenditures by Type Services & Charges Debt Service Principal 1,058,099 1,093,877 1,939,273 1,939,273 - - - 1,939,273 0% Debt Service Interest & Fees 443,037 417,148 723,157 723,157 500 - 500 722,657 0% Total Services & Charges 1,501,136 1,511,025 2,662,430 2,662,430 500 - 500 2,661,930 0% Interfund Transfers Out 10,069 2,818 - - - - - - - Total Expenditures 1,511,205 1,513,843 2,662,430 2,662,430 500 - 500 2,661,930 0% Net Surplus / (Deficit) (284,298) (2,323) - - 886,976 886,976 Beginning Cash Balance 286,131 2,323 - Cash Adjustments 491 - - Ending Cash Balance 2,323 - - 886,976 Cash Reserves Target 2,323 - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to account for the payment of debt service obligations for Water Works, including bond principal and interest payments and paying agent fees. This fund receives interfund transfers from the Water Works Operations Fund (#620) as needed to cover debt service obligations. Historically, this fund received revenue from interest earned on the fund's cash balance. In 2022, the City will change its interest earnings allocation methodology to deposit interest earned by this fund directly into Fund 620 rather than transferring it. 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) • 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) • 2019 Amended Water Works Revenue Bonds of 2009, Series B - scheduled to retire on 1/1/30 with final payment being made in December 2029, (debt schedule #69) Historically, interest earned on this fund's cash balance was transferred to the Water Works Operations Fund (#620). In 2022, the City will change its interest earnings allocation methodology to deposit interest earned by this fund directly into Fund 620 rather than transferring it. Cash Reserves Target No reserve requirement 72 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Water Works Bond Reserve Fund Number 626 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 12,438 8,191 - - 2 2 (2) - Total Revenue 12,438 8,191 - - 2 2 (2) - Expenditures Interfund Transfers Out 20,000 8,188 - - - - - - - Total Expenditures 20,000 8,188 - - - - - - - Net Surplus / (Deficit)(7,562) 4 - - 2 2 Beginning Cash Balance 1,427,971 1,422,800 1,422,804 Cash Adjustments 2,390 - - Ending Cash Balance 1,422,800 1,422,804 1,422,804 1,422,806 Cash Reserves Target 1,422,800 1,422,804 1,422,804 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to ensure compliance with certain debt service bond covenants. The required cash balance is determined by the debt service financing arrangements at the time of issuance. The debt service reserve amount is used towards the last debt service payment. Historically, this fund received revenue from interest earned on the fund's cash balance. In 2022, the City will change its interest earnings allocation methodology to deposit interest earned by this fund directly into Fund 620 rather than transferring it. Historically, excess interest earned on this fund's cash balance is transferred to the Water Works Operation Fund (#620). In 2022, the City will change its interest earnings allocation methodology to deposit interest earned by this fund directly into Fund 620 rather than transferring it. Cash Reserves Target 100% cash reserves per bond covenants 73 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Water Works Operations & Maintenance Reserve Fund Number 629 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 25,426 17,168 - - - - - - Interfund Transfers In 16,931 - - 15,296 15,296 15,296 - 100% Total Revenue 42,357 17,168 - 15,296 15,296 15,296 - 100% Expenditures Interfund Transfers Out 37,210 17,168 - - - - - - - Total Expenditures 37,210 17,168 - - - - - - - Net Surplus / (Deficit)5,147 - - 15,296 15,296 15,296 Beginning Cash Balance 2,902,529 2,912,652 2,912,652 Cash Adjustments 4,976 - - Ending Cash Balance 2,912,652 2,912,652 2,927,948 2,927,948 Cash Reserves Target 2,572,765 2,455,404 2,927,948 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to hold cash reserves equivalent to two months of budgeted operating expenses in the Water Works Operations Fund (#620). 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. If this fund's cash falls below the reserve requirement, the Water Works Operations Fund (#620) will transfer funds to increase the cash reserves. Historically, this fund received revenue from interest earned on the fund's cash balance. In 2022, the City will change its interest earnings allocation methodology to deposit interest earned by this fund directly into Fund 620 rather than transferring it. Once this fund's cash balance met the reserve requirement, any excess interest earned was transferred to the Water Works Operations Fund (#620). In 2022, the City will change its interest earnings allocation methodology to deposit interest earned by this fund directly into Fund 620 rather than transferring it. Cash Reserves Target 16.67% of annual operating expenses in Fund 620, net of transfers 74 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Sewer Repair Insurance Fund Number 640 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 672,463 697,338 659,500 659,500 233,425 233,425 426,075 35% Interest Earnings 18,620 12,053 16,020 16,020 2,679 2,679 13,341 17% Other Income - - - - - - - - Interfund Transfers In - - - - 48,167 48,167 (48,167) - Total Revenue 691,083 709,391 675,520 675,520 284,271 284,271 391,249 42% Expenditures by Type Personnel Salaries & Wages 116,128 119,441 128,227 128,227 42,305 - 42,305 85,922 33% Fringe Benefits 51,106 52,566 55,297 55,297 19,867 - 19,867 35,430 36% Total Personnel 167,234 172,007 183,524 183,524 62,172 - 62,172 121,352 34% Supplies 26,545 34,659 65,500 65,500 13,587 6,965 20,552 44,948 31% Services & Charges Printing & Advertising - - 350 350 - - - 350 0% Repairs & Maintenance 507,227 422,857 401,000 401,000 160,501 8,743 169,244 231,756 42% Other Services & Charges 6,875 - - - - - - - - Total Services & Charges 514,102 422,857 401,350 401,350 160,501 8,743 169,244 232,106 42% Operating Expenditures 707,880 629,522 650,374 650,374 236,260 15,708 251,968 398,406 39% Bad Debt 3,705 1,891 6,500 6,500 51,700 - 51,700 (45,200) 795% Interfund Allocations 84,511 91,901 96,195 96,195 32,065 - 32,065 64,130 33% Total Expenditures 796,097 723,314 753,069 753,069 320,024 15,708 335,733 417,336 45% Net Surplus / (Deficit) (105,014) (13,923) (77,549) (77,549) (35,753) (51,461) Beginning Cash Balance 2,173,605 2,052,857 2,003,861 Cash Adjustments (15,735) (35,074) - Ending Cash Balance 2,052,857 2,003,861 1,926,312 2,017,707 Cash Reserves Target 199,024 180,829 188,267 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: This fund was established in 1980 (ordinance 6811-80) to account for the repair and/or replacement of private sewer connections. 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 deductible toward the cost of the repair and the City pays the rest. 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. Personnel - The personnel budget includes the wages and benefits for two (2) full-time employees. | Supplies - The supplies budget includes materials, uniforms, and other small operating supplies. | Services - The repair & maintenance budget includes $400k for outside contracted work and $1,000 for R&M for equipment. Cash Reserves Target 25% of Annual expenditures 75 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Sewage Works Operations Fund Number 641 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 36,969,565 38,772,010 38,398,950 38,398,950 13,563,704 13,563,704 24,835,246 35% Interest Earnings 80,803 69,545 10,333 10,333 32,532 32,532 (22,199) 315% Other Income 36,100 276,595 5,142 5,142 89,992 89,992 (84,850) 1750% Interfund Allocation Reimb 446,759 449,895 463,761 463,761 154,587 154,587 309,174 33% Interfund Transfers In 77,322 1,697,758 - - 414,387 414,387 (414,387) - Total Revenue 37,610,549 41,265,804 38,878,186 38,878,186 14,255,203 14,255,203 24,622,984 37% Expenditures by Division Sewers 5,816,750 6,803,434 6,687,529 7,989,049 3,437,188 1,111,392 4,548,580 3,440,469 57% Concrete Crew 416,511 466,063 556,545 557,985 176,032 1,655 177,686 380,299 32% Wastewater 33,360,472 29,353,258 32,667,861 35,630,625 11,505,363 2,338,649 13,844,012 21,786,612 39% Organic Resources 1,587,652 1,326,459 1,508,008 1,548,840 481,613 75,432 557,045 991,795 36% Total Expenditures 41,181,385 37,949,214 41,419,943 45,726,498 15,600,196 3,527,127 19,127,323 26,599,175 42% Expenditures by Type Personnel Salaries & Wages 4,716,820 4,777,198 5,469,187 5,469,187 1,750,922 - 1,750,922 3,718,265 32% Fringe Benefits 1,973,822 1,956,552 2,367,307 2,367,307 747,326 - 747,326 1,619,981 32% Total Personnel 6,690,642 6,733,749 7,836,494 7,836,494 2,498,248 - 2,498,248 5,338,246 32% Supplies 1,666,866 1,569,805 2,038,904 2,265,949 623,159 272,865 896,024 1,369,925 40% Services & Charges Professional Services 849,692 399,309 210,000 1,815,767 238,637 1,408,850 1,647,487 168,279 91% Printing & Advertising 849 1,623 6,749 6,749 322 297 619 6,130 9% Utilities 1,101,420 1,160,652 1,322,556 1,322,556 473,145 - 473,145 849,411 36% Repairs & Maintenance 1,455,801 1,677,510 2,115,850 2,794,159 593,271 195,638 788,910 2,005,249 28% Education & Training 12,122 15,176 36,500 36,374 10,487 - 10,487 25,887 29% Travel 6,202 356 38,000 39,500 4,834 2,351 7,185 32,315 18% Other Services & Charges 2,439,052 3,157,093 2,079,655 3,847,106 276,249 1,630,821 1,907,070 1,940,036 50% Debt Service Principal 514,260 294,414 188,483 188,483 93,755 - 93,755 94,728 50% Debt Service Interest & Fees 16,278 7,815 2,936 2,936 1,954 - 1,954 982 67% Total Services & Charges 6,395,675 6,713,948 6,000,729 10,053,629 1,692,655 3,237,957 4,930,612 5,123,017 49% Operating Expenditures 14,753,183 15,017,502 15,876,127 20,156,072 4,814,062 3,510,822 8,324,883 11,831,188 41% Capital - - - 26,610 10,305 16,305 26,610 - 100% Bad Debt 158,420 83,831 225,000 225,000 1,591,945 - 1,591,945 (1,366,945) 708% Interfund Interfund Allocations 5,645,332 6,312,945 6,081,041 6,081,041 2,027,014 - 2,027,014 4,054,027 33% PILOT 4,592,349 4,543,120 4,465,686 4,465,686 2,232,843 - 2,232,843 2,232,843 50% Interfund Transfers Out 16,032,102 11,991,816 14,772,089 14,772,089 4,924,028 - 4,924,028 9,848,061 33% Total Interfund 26,269,783 22,847,881 25,318,816 25,318,816 9,183,885 - 9,183,885 16,134,931 36% Total Expenditures 41,181,385 37,949,214 41,419,943 45,726,498 15,600,196 3,527,127 19,127,323 26,599,174 42% Net Surplus / (Deficit) (3,570,836) 3,316,590 (2,541,757) (6,848,312) (1,344,993) (4,872,120) Beginning Cash Balance 15,409,455 11,466,153 13,825,371 Cash Adjustments (372,465) (957,372) - Ending Cash Balance 11,466,153 13,825,371 6,977,059 13,616,276 Cash Reserves Target 2,059,069 1,897,461 2,286,325 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: Cash Reserves Target 5% of Annual expenditures This fund was established to account for the operations of the following divisions of the Department of Public Works: Wastewater - 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. | Sewers - Oversees the repair and maintenance of approximately 700 miles of sanitary sewer and storm drains. Along with the sanitary and storm lines, Sewers also maintains around 10,000 catch basins, inlets, and drains. Maintenance of the sewer system is assisted by a vactor truck outfitted with a specialized camera system that enables real-time viewing of the inside of the sewer lines. This allows for the identification of issues to be addressed before they become problems that can affect the public. Sewers also mows and upkeeps the City’s retention ponds. | Organic Resources - Recycles collected yard waste, leaves, and brush for compost and mulch products. This fund receives revenue from charges for utility services for the City's residents. The last rate increase was approved in 2021 (ordinance no. 10797-21). The purpose of the comprehensive rate adjustment is to provide a multi-year plan that meets the operational and capital needs of the utilities, gradually adjusting rates to generate sufficient cash flow. The increases are based on recommendations of a comprehensive utility long-term rate plan commissioned by the City. The ordinance also established the Utility Assistance Program (UAP), to provide discounts to qualifying low-income customers. The program is funded by a monthly fee charged to all customers, starting out at $1.75 per month with the option to increase it gradually over the years to support the program as needed. Interfund Allocation Reimbursement is the Payroll Cost Allocation, which allocates a portion of wages and benefits for positions that serve other divisions within the Department of Public Works. These positions are allocated out to the following Public Works divisions: Streets (Fund #202), Water Works (Fund #620), Sewer Insurance (Fund #640), and Concrete Crew. This fund also receives interest earnings from the other sewage works funds (#643 & 654) for interest earned on cash balances in those funds that is subsequently transferred to this fund. Operational expenditures include those incurred in operating the wastewater treatment plant, maintaining the City's sewer system, and operating the Organic Resources facility which processes leaves, brush, wood and other yard waste. | Personnel - The personnel budget includes the wages and benefits for 89 full-time employees, and $243k for part-time and seasonal wages. | Supplies - Includes supplies needed to operate the wastewater treatment plant, such as water treatment chemicals, laboratory supplies, repair & maintenance materials, fuel for vehicles and equipment, hardware supplies such as small tools & equipment, office supplies, and other small operating supplies. Also includes supplies for sewer repair & maintenance and the operations of Organic Resources. | Services - The repair & maintenance budget includes R&M for vehicles, equipment, buildings, and minor sewer infrastructure repairs. The utilities budget includes the costs of electric, natural gas, and water for the wastewater treatment plant facilities, organic resources, and 50% of the utilities costs for the Public Works Service Center (utilized by Sewers). The other 50% is paid for by the Streets division which is budgeted in the Motor Vehicle Highway Fund (#202). Professional services include contract lab analysis and biomonitoring that cannot be completed in-house. Other charges & services includes contractual services for main line repairs and engineering projects for storm/sanitary sewer system repair/rehab/stabilization. | Debt service principal and interest payments are for capital leases used to purchase vehicles and equipment. The leases will be paid off in 2021 and 2022 (debt schedules #149, 152, 158, & 164). | Interfund Transfers Out include transfers to the Sewage Works Sinking Fund (#649) to fund debt service payments on bonds and transfers to the Sewage Works Capital Fund (#642) to fund capital expenditures.| Payment in lieu of taxes (PILOT) is transferred to the General Fund (#101). PILOT is calculated as 3% of the net book value of Sewage Works' capital assets. | Capital - Sewage Works' capital needs are tracked in a separate capital fund (#642). Funds are transferred as needed to cover capital expenditures. 76 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Sewage Works Capital Fund Number 642 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 547,367 539,730 339,000 339,000 34,962 34,962 304,038 10% Interest Earnings 137,764 87,851 1,399 1,399 19,524 19,524 (18,125) 1396% Other Income 17,342 24,656 - - - - - - Interfund Transfers In 7,911,000 5,946,370 3,693,000 3,843,553 1,381,553 1,381,553 2,462,000 36% Total Revenue 8,613,472 6,598,607 4,033,399 4,183,952 1,436,039 1,436,039 2,747,913 34% Expenditures by Type Services & Charges Professional Services - - 2,400,000 2,400,000 - 49,250 49,250 2,350,750 98% Total Services & Charges - - 2,400,000 2,400,000 - 49,250 49,250 2,350,750 2% Capital 4,248,134 6,048,729 8,293,000 12,214,348 2,167,905 2,187,761 4,355,666 7,858,682 36% Bad Debt - (1,031) - - - - - - - Total Expenditures 4,248,134 6,047,698 10,693,000 14,614,348 2,167,905 2,237,011 4,404,916 10,209,432 30% Net Surplus / (Deficit)4,365,338 550,908 (6,659,601) (10,430,396) (731,866) (2,968,878) Beginning Cash Balance 9,417,064 13,821,218 14,359,708 Cash Adjustments 38,815 (12,418) - Ending Cash Balance 13,821,218 14,359,708 3,929,312 13,876,255 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to account for the purchase of capital equipment and to fund major renovations/restorations for the following divisions of the Department of Public Works: Wastewater, Sewers, Organic Resources, and Concrete Crew. This fund receives interfund transfers from the Sewage Works Operations Fund (#641) as needed to cover capital expenditures. This fund also receives revenue from a system development fee: a one-time capital contribution charged to customers making a new connection to the water system. Additionally, this fund receives revenue from the selling of RINs (renewable identification numbers) credits that are part of the EPA Renewable Fuel Standards program. Fuel refiners and importers of nonrenewable fuels are obligated to produce a certain volume of renewable fuel or to buy an equivalent amount of credits on the RIN market. The City is using the biogas from its wastewater treatment plant digester to fuel its Solid Waste division's trash trucks. Each gallon equivalent that the City uses in a vehicle gets sold as a credit. The type of fuel produced by the City is rated D3 to be used for transportation. 2022 adopted budget includes: Capital Equipment Wastewater: • (1) Connect Van - $30,000 • (1) Utility Cart - $18,000 • (2) Portable Generators & Trailers - $120,000 Organic Resources: • (3) Front End Loaders - $310,000 Sewers Division: • (1) Excavator - $300,000 • (1) Sewer Camera Truck - $425,000 • (1) Truck-4WD/crew cab - $60,000 • (2) Compressors - $30,000 Capital Projects Wastewater Treatment Plant (WWTP) Upgrades: • WWTP Plant/Secondary Projects - $5.0 million • WWTP Secondary Plant Improvements - $1.4 million • LTCP/CSO Tank Design WWTP - $1.0 million Sewers: • Sewer Lining Projects - $2.0 million Cash Reserves Target No reserve requirement - Capital fund - spend down to zero 77 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Sewage Works Operations & Maintenance Reserve Fund Number 643 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 48,416 32,719 - - - - - - Interfund Transfers In - - - - - - - - Total Revenue 48,416 32,719 - - - - - - Expenditures Interfund Transfers Out 71,004 32,719 - - - - - - - Total Expenditures 71,004 32,719 - - - - - - - Net Surplus / (Deficit)(22,588) - - - - - Beginning Cash Balance 5,563,851 5,550,801 5,550,801 Cash Adjustments 9,538 - - Ending Cash Balance 5,550,801 5,550,801 5,550,801 5,550,801 Cash Reserves Target 4,192,386 4,327,098 5,160,100 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to hold cash reserves equivalent to two months of budgeted operating expenses in the Sewage Works Operations 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. If this fund's cash falls below the reserve requirement, the Sewage Works Operations Fund (#641) will transfer funds to increase the cash reserves. Historically, this fund received revenue from interest earned on the fund's cash balance. In 2022, the City will change its interest earnings allocation methodology to deposit interest earned by this fund directly into Fund 641 rather than transferring it. Once this fund's cash balance meets the reserve requirement, any excess interest earned is transferred to the Sewage Works Operations Fund (#641). In 2022, the City will change its interest earnings allocation methodology to deposit interest earned by this fund directly into Fund 641 rather than transferring it. Cash Reserves Target 16.67% of annual operating expenses in Fund 641, net of transfers 78 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Sewage Sinking (Debt Service) Fund Number 649 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 41,998 19,986 12,075 - - - - - Debt Proceeds 5,743,815 14,339,893 - - - - - - Interfund Transfers In 8,110,581 7,845,090 11,079,089 11,107,089 3,721,028 3,721,028 7,386,061 34% Total Revenue 13,896,394 22,204,969 11,091,164 11,107,089 3,721,028 3,721,028 7,386,061 34% Expenditures by Type Services & Charges Debt Service Principal 11,716,557 20,236,844 8,699,185 8,699,185 - - - 8,699,185 0% Debt Service Interest & Fees 1,948,613 1,779,749 2,379,904 2,407,904 29,850 - 29,850 2,378,054 1% Total Services & Charges 13,665,170 22,016,593 11,079,089 11,107,089 29,850 - 29,850 11,077,239 0% Interfund Transfers Out - 1,509,210 - - - - - - - Total Expenditures 13,665,170 23,525,803 11,079,089 11,107,089 29,850 - 29,850 11,077,239 0% Net Surplus / (Deficit)231,224 (1,320,833) 12,075 - 3,691,178 3,691,178 Beginning Cash Balance 1,087,745 1,320,833 - Cash Adjustments 1,865 - - Ending Cash Balance 1,320,833 - - 3,691,178 Cash Reserves Target 1,320,833 - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to account for the payment of debt service obligations for Sewage Works, including bond principal and interest payments and paying agent fees. This fund receives interfund transfers from the Sewage Works Operations Fund (#641) as needed to cover debt service obligations. This fund also receives revenue from interest earned on the fund's cash balance. Starting in 2022, interest earned on the cash balance in this fund will be subsequently transferred to the Sewage Works Operations Fund (#641). In 2021, the City issued the 2021 Sewage Works Refunding Revenue Bonds to refund the 2009 Sewage Works State Revolving Loan Fund (SRF) Loan (debt schedule #70) and the 2011 Sewage Works Revenue Bonds (debt schedule #93). The par amount of the bonds were $12,450,000 with a premium of $1,889,893 a total of $14,339,893. The funds were deposited into this fund to be used to pay off the 2009 and 2011 debt in December 2021. Starting in 2022, interest earned on the cash balance in this fund will be subsequently transferred to the Sewage Works Operations Fund (#641). Current debt includes: • 2012 Sewage Works Revenue Bonds - final payment December 1, 2032, (debt schedule #101) • 2013A Sewage Works Revenue Bonds - final payment December 1, 2024 , (debt schedule #105) • 2015 Sewage Works Revenue Bonds, Refunding 2006 & 2007 - final payment December 1, 2025, (debt schedule #145) • 2020 Sewage Works Revenue Bonds, Refunding 2010 - final payment December 1, 2030, (debt schedule #80) • 2021 Sewage Works Revenue Bonds, Refunding 2009 & 2011 - final payment December 1, 2031 (debt schedule #219) The 2020 Debt Service Principal and Interest expense was higher than usual due to the refunding of the 2010 Sewage Works Revenue Bonds. The proceeds from the issuance of the refunding were used to pay off of the original 2010 bonds. The payoff was $5.49 million in principal and $125k in interest. The refunding saved the City approximately $1.4 million in principal and interest over the remaining life of the bonds. The 2021 Debt Service Principal and Interest expense was higher than usual due to the refunding of the 2009 and 2011 debt. The proceeds from the issuance of the refunding were used to pay off of the original debt. The payoff was $15.1 million in principal and $323k in interest. The refunding saved the City approximately $3.5 million in principal and interest over the remaining life of the bonds. Cash Reserves Target No reserve requirement 79 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Sewage Debt Service Reserve Fund Number 653 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 20,901 271 36,647 36,647 - - 36,647 0% Interfund Transfers In - 1,509,210 - - - - - - Total Revenue 20,901 1,509,481 36,647 36,647 - - 36,647 0% Expenditures by Type Interfund Transfers Out 322,566 1,749,971 - - - - - - - Total Expenditures 322,566 1,749,971 - - - - - - - Net Surplus / (Deficit)(301,665) (240,490) 36,647 36,647 - - Beginning Cash Balance 4,291,915 3,990,250 3,749,760 Cash Adjustments - - - Ending Cash Balance 3,990,250 3,749,760 3,786,407 3,749,760 Cash Reserves Target 3,990,250 3,749,760 3,786,407 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established in 2009 (ordinance 9966-09) to be the repository for the City's Sewage Works bond debt service reserves as required by bond documents. The required cash balance is determined by the debt service financing arrangements at the time of issuance. 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. Starting in 2022, interest earned on the cash balance in this fund will be subsequently transferred to the Sewage Works Operations Fund (#641). A new debt service reserve requirement was established for the 2021 Sewage Works Refunding Revenue Bonds (debt schedule #219) in the amount of $1,509,210. This amount was transferred from the Sewage Works Sinking Fund (#649) in 2021. The debt service reserve amount is used towards the last debt service payment. Bond principal and interest payments are accounted for in the Sewage Works Sinking Fund (#649). In 2020, the 2010 Sewage Works Revenue Bonds were refunded. The 2010 bonds debt service reserve amount ($322,566) was transferred to the Sewage Works Sinking Fund (#649) to be used towards the refunding. In 2021, the City issued the 2021 Sewage Works Refunding Revenue Bonds to refund the 2009 Sewage Works State Revolving Loan Fund (SRF) Loan (debt schedule #70) and the 2011 Sewage Works Revenue Bonds (debt schedule #93). The remaining debt service reserve ($1,749,971) for the 2009 and 2011 debt was transferred to the Sewage Works Debt Service Fund #649 to be used towards the pay off of the debt in December 2021. Cash Reserves Target 100% cash reserves per bond covenants 80 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Sewage Works Customer Deposit Fund Number 654 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 4,641 4,446 - - - - - - Total Revenue 4,641 4,446 - - - - - - Expenditures Interfund Transfers Out 6,318 4,446 - - - - - - - Total Expenditures 6,318 4,446 - - - - - - - Net Surplus / (Deficit)(1,677) - - - - - Beginning Cash Balance 413,157 649,073 903,840 Cash Adjustments 237,593 254,768 - Ending Cash Balance 649,073 903,840 903,840 974,002 Cash Reserves Target 649,073 903,840 903,840 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to retain the security deposits collected from utility customers. Upon termination of service, the security deposited is refunded in the form of a credit to the customer's final bill. Historically, this fund received revenue from interest earned on the fund's cash balance. In 2022, the City will change its interest earnings allocation methodology to deposit interest earned by this fund directly into Fund 641 rather than transferring it. Historically, interest earned on this fund's cash balance was transferred to the Sewage Works Operations Fund (#641). In 2022, the City will change its interest earnings allocation methodology to deposit interest earned by this fund directly into Fund 641 rather than transferring it. Cash Reserves Target 100% cash reserves for customer deposits 81 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Project ReLeaf Fund Number 655 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 446,136 466,321 451,610 451,610 151,666 151,666 299,944 34% Interest Earnings 4,176 2,322 2,244 2,244 388 388 1,856 17% Interfund Transfers In - - - - 36,158 36,158 (36,158) - Total Revenue 450,312 468,643 453,854 453,854 188,212 188,212 265,642 41% Expenditures by Type Personnel Salaries & Wages 56,338 40,726 83,136 83,136 7,970 - 7,970 75,167 10% Fringe Benefits 4,376 3,115 6,360 6,360 702 - 702 5,659 11% Total Personnel 60,714 43,841 89,496 89,496 8,671 - 8,671 80,826 10% Supplies 4,764 3,980 7,250 7,250 - - - 7,250 0% Services & Charges Other Services & Charges - - - - - - - - - Total Services & Charges - - - - - - - - - Operating Expenditures 65,478 47,821 96,746 96,746 8,671 - 8,671 88,076 9% Bad Debt 2,634 1,793 6,500 6,500 38,825 - 38,825 (32,325) 597% Interfund Interfund Allocations 42,385 37,736 46,462 46,462 15,487 - 15,487 30,975 33% Interfund Transfers Out 300,000 500,000 300,000 300,000 100,000 - 100,000 200,000 33% Total Interfund 342,385 537,736 346,462 346,462 115,487 - 115,487 230,975 33% Total Expenditures 410,497 587,350 449,708 449,708 162,983 - 162,983 286,726 36% Net Surplus / (Deficit) 39,815 (118,707) 4,146 4,146 25,229 25,229 Beginning Cash Balance 398,183 425,913 282,057 Cash Adjustments (12,085) (25,149) - Ending Cash Balance 425,913 282,057 286,203 333,713 Cash Reserves Target 102,624 146,838 112,427 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: This was established to account for the fall and spring leaf collection program. This program is managed by the Department of Public Works through the Streets division. This fund was established in 1989 (ordinance 8007-89) in response to the problems brought about by the layers of dead leaves that collect in the fall. The City instituted a leaf pick-up program, called "Operation Re-Leaf," which encompassed using leaf vacuums as the primary collection tool. The City collects and disposes of leaves for residents to mitigate the practice of burning leaves. Burning leaves impacts air quality and can cause house/wildfires. (Ord. No. 7895-88, § 1; Ord. No. 8023-89, § 1; Ord. No. 9641-05, § I, 11-18-05) Beginning in the fall 1989, the service charge per customer for this program was eighteen cents ($0.18) per month per household. Starting January 1, 2006, the charge was increased to ninety-nine cents ($0.99) per month per household. The charge is included on residents' utility bills. There are currently 37,638 customers who pay for this service. This fund also receives revenue from interest earned on the fund's cash balance. The personnel budget includes the wages and benefits for the seasonal employees who perform the leaf pick-up work during the fall and spring. Interfund Transfers Out are for supervisory wages, supplies, fuel, vactor repairs, and other expenses paid for by other funds. Currently, the leaf pickup program does not fund itself and the City has been spending down this fund's cash balance. Prior to 2021, Interfund Transfers Out were made to the Motor Vehicle Highway Fund (#202) for supervisory wages, supplies, fuel, vactor repairs, and other expenses paid for by the Streets division. In 2021, the Interfund Transfers Out was budgeted for a transfer to the Sewage Works Operations Fund (#641) for supervisory wages, supplies, fuel, vactor repairs, and other expenses paid for by Fund 641. In 2022, the transfer will be made to Fund #202 going forward. Cash Reserves Target 25% of Annual expenditures 82 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Storm Sewer Fund Number 667 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 1,037,898 1,064,337 1,147,200 1,147,200 342,883 342,883 804,317 30% Intergov./ Grants - 68,000 - - - - - - Interest Earnings 4,831 7,492 4,172 4,172 2,268 2,268 1,904 54% Other Income - - - - 12,000 12,000 (12,000) - Interfund Transfers In - - - - 73,642 73,642 (73,642) - Total Revenue 1,042,729 1,139,829 1,151,372 1,151,372 430,793 430,793 720,579 37% Expenditures by Type Services & Charges Professional Services 11,085 74,572 200,000 457,213 22,509 292,715 315,224 141,989 69% Other Services & Charges - - - - - - - - - Total Services & Charges 11,085 74,572 200,000 457,213 22,509 292,715 315,224 141,989 69% Capital 90,050 436,855 824,000 1,814,243 1,581 1,075,967 1,077,548 736,695 59% Bad Debt 3,186 175 - - 75,687 - 75,687 (75,687) - Total Expenditures 104,322 511,602 1,024,000 2,271,456 99,776 1,368,682 1,468,458 802,997 65% Net Surplus / (Deficit) 938,407 628,227 127,372 (1,120,084) 331,016 (1,037,666) Beginning Cash Balance 124,406 1,032,916 1,604,154 Cash Adjustments (29,898) (56,988) - Ending Cash Balance 1,032,916 1,604,154 484,070 1,988,253 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: 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 consists 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 storm water utility fee is a fee that produces revenue dedicated to improving drainage, controlling flooding, improving water quality and implementing regulations. The original storm water fee structure was 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. In August 2021, the Common Council passed ordinance no. 10797-21 to change the rates. Effective January 1, 2022, the residential flat rate remains $2 per month however the non- residential rate will change as follows: Tier 1-$5, Tier-2 $8, Tier 3-$10, Tier 4-$16, and Tier 5-$20. The ordinance allows for the storm water rates to increase incrementally from 2022 through 2025. In 2021, the City received a $68,000 grant from the Indiana Department of Natural Resources - Lake and River Enhancement Program Division of Wildlife to be used towards the Northshore Bank Stabilization Project. The 2022 budget for stormwater projects include $200,000 for professional services and $824,000 identified for storm sewer projects, drainage projects, downspout disconnection plan and misc. repairs. In 2021, projects included work on the South Bend Dam, Flood Mitigation, Western Avenue Phase III Storm Sewer, and the Michigan Street Separation. Cash Reserves Target No reserve requirement - Capital fund - spend down to zero 83 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Police State Seizures Fund Number 216 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Shared Revenues 4,678 22,670 5,000 5,000 741 741 4,259 15% Interest Earnings 1,895 993 896 896 231 231 665 26% Other Income 18 - - - - - - - Interfund Transfers In - 7,636 - - - - - - Total Revenue 6,591 31,299 5,896 5,896 972 972 4,924 16% Expenditures by Type Services & Charges Education & Training - - 10,000 10,000 - - - 10,000 0% Other Services & Charges - - 12,000 12,000 - - - 12,000 0% Total Services & Charges - - 22,000 22,000 - - - 22,000 0% Capital 31,753 71,043 22,500 22,500 - - - 22,500 0% Total Expenditures 31,753 71,043 44,500 44,500 - - - 44,500 0% Net Surplus / (Deficit)(25,162) (39,744) (38,604) (38,604) 972 972 Beginning Cash Balance 238,323 213,569 173,825 Cash Adjustments 409 - - Ending Cash Balance 213,569 173,825 135,221 174,797 Cash Reserves Target 7,938 17,761 11,125 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. 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. Expenditures are typically budgeted for law enforcement training and various Police Department expenses. In recent years, the Police Department has used this fund to purchase one to two vehicles each year. The Police Department has continued to spend down the cash balance in this fund in order to alleviate some of the burden on its operating budget in the General Fund (#101). Cash Reserves Target 25% of Annual expenditures 84 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Police Curfew Violations Fund Number 218 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Fines, Forfeitures, and Fees 768 - - - - - - - Interest Earnings 115 82 - - 8 8 (8) - Total Revenue 883 82 - - 8 8 (8) - Expenditures by Type Interfund Transfers Out - - 18,799 18,799 13,888 - 13,888 4,911 74% Total Expenditures - - 18,799 18,799 13,888 - 13,888 4,911 74% Net Surplus / (Deficit)883 82 (18,799) (18,799) (13,880) (13,880) Beginning Cash Balance 12,894 13,799 13,880 Cash Adjustments 22 - 4,919 Ending Cash Balance 13,799 13,880 - - Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 8135-90) to account for monies received from Juvenile Positive Assistance. This fund receives monies from Juvenile Positive Assistance and from the curfew ordinance violation fines. This fund also receives revenue from interest earned on the fund's cash balance. In recent years, this fund has received very little revenue. In 2022, the cash balance in this fund will be transferred into the Law Enforcement Continuing Education Fund (#220) and this fund will be discontinued. Revenues and expenses previously accounted for in this fund will be accounted for in Fund #220. Cash Reserves Target No reserve requirement 85 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Law Enforcement Continuing Education Fund Number 220 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Grants - 41,980 - 183,000 135,470 135,470 47,530 74% Charges for Services 148,550 115,024 115,000 115,000 39,996 39,996 75,004 35% Fines, Forfeitures, and Fees 92,751 89,648 101,200 101,200 40,553 40,553 60,647 40% Interest Earnings 3,849 2,229 4,889 4,889 702 702 4,187 14% Donations 2,000 500 1,000 1,000 - - 1,000 0% Other Income 11,555 2,970 - - 1,232 1,232 (1,232) - Interfund Transfers In - 73,512 352,373 352,373 218,182 218,182 134,191 62% Total Revenue 258,705 325,862 574,462 757,462 436,135 436,135 321,327 58% Expenditures by Type Supplies 62,084 193,652 137,000 263,199 60,297 46,813 107,109 156,089 41% Services & Charges Professional Services 1,136 188 - - 1,929 - 1,929 (1,929) - Education & Training 81,558 131,259 90,000 130,375 91,949 3,415 95,364 35,011 73% Travel 20,646 28,840 51,500 36,745 20,002 9,880 29,882 6,863 81% Other Services & Charges 31,421 69,045 59,250 34,250 23,911 40 23,951 10,299 70% Total Services & Charges 134,762 229,333 200,750 201,370 137,791 13,335 151,126 50,244 75% Capital - - - 40,000 - 35,531 35,531 4,469 89% Bad Debt 54 - - - - - - - - Interfund Transfers Out - - - 19,000 19,000 - 19,000 - 100% Total Expenditures 196,900 422,985 337,750 523,568 217,088 95,678 312,766 210,802 60% Net Surplus / (Deficit) 61,806 (97,123) 236,712 233,894 219,047 123,369 Beginning Cash Balance 421,276 483,549 378,981 Cash Adjustments 467 (7,445) - Ending Cash Balance 483,549 378,981 612,875 625,490 Cash Reserves Target 49,225 105,746 130,892 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 6974-81) to fund the continuing education for the officers of the South Bend Police Department. This fund is funded by fees from accident reports and fines for false alarm and loud noise ordinance violations. Starting in 2022, this fund will receive the following revenue sources previously accounted for in other police special revenue funds: state and federal grant revenue, charges for services from the enforcement courses offered to other police departments who pay a fee to attend the training (formerly in Fund #294), impound towing fees (formerly Fund #295), and donations for the Police K-9 unit (formerly in Fund #705). This fund also receives revenue from interest earned on the fund's cash balance. Previously, this fund received revenue from gun permit application fees; however, a change in State legislation eliminated this revenue source. Effective July 1, 2021, the City of South Bend and other municipalities can no longer charge a fee for processing gun permit applications. This change negatively impacts the South Bend Police Department as gun permit fees accounted for $45k-$60k in revenue in this fund annually. Expenditures include educational materials and equipment, conference and training registration, and travel costs for conferences/trainings. Starting in 2022, this fund will also account for grant related activities or grant funded purchases previously accounted for in other police special revenue funds. Cash Reserves Target 25% of Annual expenditures 86 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Local Income Tax - Public Safety Fund Number 249 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Local Income Taxes 9,703,297 9,391,746 8,826,957 9,168,554 2,901,700 2,901,700 6,266,854 32% Interest Earnings 33,595 25,015 10,000 10,000 4,709 4,709 5,291 47% Total Revenue 9,736,892 9,416,761 8,836,957 9,178,554 2,906,408 2,906,408 6,272,145 32% Expenditures by Department Police Department 4,619,654 4,737,560 6,344,523 6,344,523 2,196,180 - 2,196,180 4,148,343 35% Fire Department 4,330,886 4,880,453 6,344,524 6,344,524 2,196,180 - 2,196,180 4,148,344 35% Total Expenditures 8,950,540 9,618,013 12,689,047 12,689,047 4,392,360 - 4,392,360 8,296,687 35% Expenditures by Type Personnel Salaries & Wages 6,703,431 7,651,358 12,689,047 12,689,047 4,392,360 - 4,392,360 8,296,687 35% Fringe Benefits 2,247,109 1,966,655 - - - - - - - Total Personnel 8,950,540 9,618,013 12,689,047 12,689,047 4,392,360 - 4,392,360 8,296,687 35% Total Expenditures 8,950,540 9,618,013 12,689,047 12,689,047 4,392,360 - 4,392,360 8,296,687 35% Net Surplus / (Deficit) 786,352 (201,253) (3,852,090) (3,510,493) (1,485,952) (1,485,952) Beginning Cash Balance 3,253,787 4,045,717 3,844,465 Cash Adjustments 5,578 - - Ending Cash Balance 4,045,717 3,844,465 333,972 2,358,513 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: This fund was established in 2010 due to Indiana's property tax "circuit breaker" system that effectively limited property tax receipts. This fund can only be used to pay for Public Safety personnel wages and benefits. (Resolution 3980-09, Indiana Code IC 6-3.6-6-8) This fund receives the Public Safety portion of the City's Local Income Tax (LIT) revenue distribution. The City adopted a special income tax of one quarter of one percent (0.25%) to be used solely for the salaries of public safety positions that were formerly paid by property taxes. Local income tax revenue distributions are determined annually by the Indiana Dept of Local Government Finance (DLGF). Local income tax revenue is distributed by St. Joseph County monthly. Because this fund can only be used to pay for public safety personnel, the City budgets for the salaries and benefits for as many sworn police officers and firefighters as this fund’s revenue can support. This reduces the public safety personnel expenses in the General Fund (#101). This fund's cash balance has grown in recent years due to unanticipated supplemental income tax distributions; therefore, the City plans to spend down the excess cash during 2022. Cash Reserves Target No reserve requirement 87 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Police Take Home Vehicle Fund Number 278 Fund Type Internal Service Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 5,480 14,640 5,720 5,720 13,560 13,560 (7,840) 237% Interest Earnings 5,998 4,038 5,434 5,434 932 932 4,502 17% Total Revenue 11,478 18,678 11,154 11,154 14,492 14,492 (3,338) 130% Expenditures by Type Services & Charges Other Services & Charges 8,690 270 50,000 50,000 - - - 50,000 0% Total Services & Charges 8,690 270 50,000 50,000 - - - 50,000 0% Interfund Transfers Out 49,087 - - - - - - - - Total Expenditures 57,777 270 50,000 50,000 - - - 50,000 0% Net Surplus / (Deficit)(46,299) 18,408 (38,846) (38,846) 14,492 14,492 Beginning Cash Balance 725,194 681,823 698,546 Cash Adjustments 2,928 (1,685) - Ending Cash Balance 681,823 698,546 659,700 713,038 Cash Reserves Target 750,000 750,000 750,000 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund charges police officers for liability insurance for take home police vehicles. Deductions from officers 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. As the fund's cash balance dips below the reserve requirement set by the FOP, the City anticipate the deduction will be increased. Expenditures are driven by the number of off duty accident claims. Claims have been minimal in this fund since it was created. Cash Reserves Target Set dollar amount of $750,000 This fund was established (ordinance 9919-09) to receive monies collected from South Bend Police Department Officers participating in the City's Take Home Vehicle Program. The City shall use all monies deposited into this fund to pay the costs and expenses associated with claims arising from use of program vehicles occurring while officers are not on duty. 88 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Police Block Grants Fund Number 280 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 36 24 - - 2 2 (2) - Total Revenue 36 24 - - 2 2 (2) - Expenditures by Type Interfund Transfers Out - - 4,338 4,338 4,165 - 4,165 173 96% Total Expenditures - - 4,338 4,338 4,165 - 4,165 173 96% Net Surplus / (Deficit) 36 24 (4,338) (4,338) (4,162) (4,162) Beginning Cash Balance 4,095 4,138 4,162 Cash Adjustments 7 - 176 Ending Cash Balance 4,138 4,162 - - Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to track the revenue and expenditures related to specific federal grants for the Police Department. Historically, this fund received grant revenue. In 2022, the cash balance in this fund will be transferred into the Law Enforcement Continuing Education Fund (#220) and this fund will be discontinued. Revenues and expenses previously accounted for in this fund will be accounted for in Fund #220. Federal grant revenue and expenditures for the Police Department will be tracked in Fund #220 going forward. Cash Reserves Target No reserve requirement 89 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Fire Department Capital Fund Number 287 Fund Type Capital Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Grants - - 75,000 75,000 - - 75,000 0% Charges for Services 2,514,908 1,905,360 1,837,850 1,837,850 493,011 493,011 1,344,839 27% Fines, Forfeitures, and Fees - 300 - - - - - - Interest Earnings 9,151 8,474 9,023 9,023 2,221 2,221 6,802 25% Debt Proceeds 1,660,000 210,000 2,310,000 2,310,000 - - 2,310,000 0% Other Income 8,244 1,334 - - 19,998 19,998 (19,998) - Interfund Transfers In - - - - - - - - Total Revenue 4,192,303 2,125,468 4,231,873 4,231,873 515,230 515,230 3,716,643 12% Expenditures by Type Supplies - - - - - - - - - Services & Charges Debt Service Principal 343,971 662,651 1,132,508 1,132,508 184,358 - 184,358 948,150 16% Debt Service Interest & Fees 31,114 36,120 82,708 82,708 8,109 - 8,109 74,599 10% Total Services & Charges 375,085 698,771 1,215,216 1,215,216 192,467 - 192,467 1,022,749 16% Capital 1,925,268 1,029,049 2,610,000 4,834,466 - 929,640 929,640 3,904,826 19% Interfund Transfers Out 746,231 750,306 748,657 748,657 374,616 - 374,616 374,041 50% Total Expenditures 3,046,584 2,478,126 4,573,873 6,798,339 567,083 929,640 1,496,723 5,301,616 22% Net Surplus / (Deficit) 1,145,719 (352,658) (342,000) (2,566,466) (51,853) (981,493) Beginning Cash Balance 1,962,214 3,111,296 2,758,339 Cash Adjustments 3,364 (300) - Ending Cash Balance 3,111,296 2,758,339 191,873 2,706,486 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 10339-14) to track capital expenditures of the South Bend Fire Department. Capital purchases include fire apparatuses, ambulances, and major construction projects. This fund is also used to repay debt issued for capital purchases and capital improvements, such as vehicle/equipment capital leases and bonds. In 2020, the interfund transfer from the EMS Operating Fund (#288) was replaced by payments from St Joseph County for the City providing EMS services. Revenue received from various grants for equipment or other capital is deposited here. This fund also receives revenue from interest earned on the fund's cash balance. Capital spending includes Fire Department fleet needs as well as updates and repair & maintenance to Fire Department facilities. To keep the fleet within a serviceable 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 also uses this fund to replace necessary equipment such as self contained briefing apparatus (SCBA), cardiac monitors, and turnout gear. | Debt Service - The principal and interest expense budgeted is for capital lease payments for vehicles and equipment purchased through 5-year capital leases.| Interfund Transfers Out includes transfers to debt service funds for principal and interest payments on two different bonds: 2013 EMS/Fire Station/Tower Bonds (final payment February 1, 2033, debt schedule #116) and 2018 General Obligation Bonds-Fire Station #9 (final payment January 15, 2038, debt schedule #168). Cash Reserves Target No reserve requirement - Capital fund - spend down to zero 90 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Emergency Medical Services Operating Fund Number 288 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 10,316 - - - - - - - Other Income 797 - - - - - - - Total Revenue 11,113 - - - - - - - Expenditures by Type Supplies 1,468 - - - - - - - - Services & Charges Professional Services 1,292 - - - - - - - - Repairs & Maintenance 42,719 - - - - - - - - Education & Training 4,778 - - - - - - - - Other Services & Charges 50,224 - - - - - - - - Total Services & Charges 99,013 - - - - - - - - Bad Debt 4,722 - - - - - - - - Interfund Transfers Out 1,716,684 607,079 - - - - - - - Total Expenditures 1,821,886 607,079 - - - - - - - Net Surplus / (Deficit)(1,810,773) (607,079) - - - - Beginning Cash Balance 2,520,160 607,079 - Cash Adjustments (102,309) - - Ending Cash Balance 607,079 - - - Cash Reserves Target - - - Fund Purpose: This fund accounted for the expenditures of the Emergency Medical Services (EMS) program. This Fund captured personnel and operating expenses primarily for Emergency Medical Services division and reflected a portion of the cost associated with operating ambulances. Revenue received from EMS services was not sufficient to cover expenses. Keeping EMS in its own fund would require interfund transfers. Starting in 2020, EMS activities were moved to the General Fund (#101). Moving EMS revenue and expenditures into the General Fund simplified accounting. The transfer included the wages and benefits for 47 firefighters and 4 EMS billing personnel. Keeping firefighter EMS personnel in a separate budget proved impractical due to frequently changing assignments. EMS expenditures related to billing are accounted for in separate division in the General Fund. The remaining cash balance in Fund 288 was transferred to the General Fund (#101) during 2021. Cash Reserves Target No reserve requirement 91 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Haz-Mat Fund Number 289 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services - - 10,000 10,000 - - 10,000 0% Interest Earnings 243 165 256 256 37 37 219 15% Other Income - - - - - - - - Total Revenue 243 165 10,256 10,256 37 37 10,219 0% Expenditures by Type Supplies - - 10,000 10,000 - - - 10,000 0% Services & Charges Professional Services - - - - - - - - - Other Services & Charges - - - - - - - - - Total Services & Charges - - - - - - - - - Capital - - - - - - - - - Total Expenditures - - 10,000 10,000 - - - 10,000 0% Net Surplus / (Deficit)243 165 256 256 37 37 Beginning Cash Balance 27,647 27,937 28,102 Cash Adjustments 47 - - Ending Cash Balance 27,937 28,102 28,358 28,140 Cash Reserves Target - - 2,500 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 7748-87) to account for the monies generated by the South Bend Fire Department's response to hazardous materials incidents. The monies accumulated in this fund may be expended for the replacement, repair, or purchase of Haz-Mat equipment, for training and supplies and to defray the expense of Haz-Mat related activities. There are no budgeted positions in this fund, responses are made by firefighters of the South Bend Fire Department. By ordinance, the South Bend Fire Department charges businesses for hazardous materials response. 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. In recent years, this fund has been used to purchase supplies for the Haz-Mat response team. No major expenditures are planned. Cash Reserves Target 25% of Annual expenditures 92 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Indiana River Rescue Fund Number 291 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 54,600 94,550 90,000 90,000 27,305 27,305 62,695 30% Interest Earnings 2,955 1,993 2,991 2,991 474 474 2,517 16% Other Income - 1,300 - - - - - - Total Revenue 57,555 97,843 92,991 92,991 27,779 27,779 65,212 30% Expenditures by Type Supplies 16,731 32,702 24,000 26,475 32,637 18,736 51,373 (24,898) 194% Services & Charges Professional Services - - - Printing & Advertising - - 1,300 1,300 - - - 1,300 0% Education & Training 425 13,608 9,000 9,000 2,545 2,839 5,384 3,616 60% Travel 2,524 1,483 15,000 15,000 - - - 15,000 0% Repairs & Maintenance - 4,210 43,000 47,584 4,584 1,039 5,623 41,961 12% Other Services & Charges - 1,133 - - - - - - - Total Services & Charges 2,949 20,433 68,300 72,884 7,129 3,878 11,007 61,877 15% Capital - - - - - - - - - Total Expenditures 19,679 53,135 92,300 99,359 39,766 22,614 62,380 36,979 63% Net Surplus / (Deficit) 37,876 44,708 691 (6,368) (11,987) (34,601) Beginning Cash Balance 293,325 330,404 360,311 Cash Adjustments (797) (14,800) - Ending Cash Balance 330,404 360,311 353,943 354,425 Cash Reserves Target 4,920 13,284 24,840 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 its 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 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 the teaching sites have actual accident histories. This fund collects tuition fees for students attending the Indiana River Rescue School. This fund also receives revenue from interest earned on the fund's cash balance. Expenditures are for the maintenance and repair of rescue equipment and supplies for river rescue training. No major expenditures are planned. Cash Reserves Target 25% of Annual expenditures 93 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Police Grants Fund Number 292 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Grants - - - - - - - - Total Revenue - - - - - - - - Expenditures by Type Interfund Transfers Out - - 26,716 26,716 26,716 - 26,716 1 100% Total Expenditures - - 26,716 26,716 26,716 - 26,716 1 100% Net Surplus / (Deficit)- - (26,716) (26,716) (26,716) (26,716) Beginning Cash Balance 26,716 26,716 26,716 Cash Adjustments - - - Ending Cash Balance 26,716 26,716 - - Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to track the revenue and expenditures related to specific federal grants for the Police Department. Historically, this fund received grant revenue. In 2022, the cash balance in this fund will be transferred into the Law Enforcement Continuing Education Fund (#220) and this fund will be discontinued. Revenues and expenses previously accounted for in this fund will be accounted for in Fund #220. Federal grant revenue and expenditures for the Police Department will be tracked in Fund #220 going forward. Cash Reserves Target No reserve requirement 94 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Regional Police Academy Fund Number 294 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 9,350 19,625 - - - - - - Interest Earnings 1,106 819 - - 83 83 (83) - Total Revenue 10,456 20,444 - - 83 83 (83) - Expenditures by Type Supplies 214 - - - - - - - - Services & Charges Other Services & Charges 2,943 100 - - - - - - - Total Services & Charges 2,943 100 - - - - - - - Interfund Transfers Out - - 175,000 175,000 146,411 - 146,411 28,589 84% Total Expenditures 3,157 100 175,000 175,000 146,411 - 146,411 28,589 84% Net Surplus / (Deficit) 7,299 20,344 (175,000) (175,000) (146,328) (146,328) Beginning Cash Balance 118,481 125,984 146,328 Cash Adjustments 203 - 28,672 Ending Cash Balance 125,984 146,328 - - Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 7104-82) to account for revenues and expenditures related to the advancement of present and future police officers and funds the cost of course material and instructors at the South Bend Police Academy. This fund received revenue from the enforcement courses offered to other police departments who pay a fee to attend the training. Expenditures were for seminars, travel, lectures, and career days. In 2022, the cash balance in this fund will be transferred into the Law Enforcement Continuing Education Fund (#220) and this fund will be discontinued. Revenues and expenses previously accounted for in this fund will be accounted for in Fund #220. Cash Reserves Target No reserve requirement 95 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name COPS MORE Grant Fund Number 295 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Grants 180,998 103,213 - - - - - - Fines, Forfeitures, and Fees 6,919 7,312 - - - - - - Interest Earnings 594 432 - - 30 30 (30) - Other Income 260 120 - - - - - - Total Revenue 188,771 111,077 - - 30 30 (30) - Expenditures by Type Supplies 86,905 16,331 - - - - - - - Services & Charges Other Services & Charges 12,317 6,214 - - - - - - - Total Services & Charges 12,317 6,214 - - - - - - - Capital 185,805 116,658 - 20,808 - 20,808 20,808 - 100% Interfund Transfers Out - - 125,000 125,000 24,566 - 24,566 100,434 20% Total Expenditures 285,026 139,203 125,000 145,808 24,566 20,808 45,375 100,434 31% Net Surplus / (Deficit) (96,255) (28,126) (125,000) (145,808) (24,536) (45,345) Beginning Cash Balance 169,439 73,474 45,349 Cash Adjustments 290 - 100,459 Ending Cash Balance 73,474 45,349 - 20,813 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was originally established (7015-82) to track the Community Oriented Police Program but has been expanded to track other federal grants related to the Police Department. In recent years, this fund has also been used to track donations and their associated expenditures. This fund received revenue from various Federal and State Grants. 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 received revenue from impound towing fees. Expenditures included grant related activities and grant funded purchases. In 2022, the cash balance in this fund will be transferred into the Law Enforcement Continuing Education Fund (#220) and this fund will be discontinued. Revenues and expenses previously accounted for in this fund will be accounted for in Fund #220. Cash Reserves Target No reserve requirement 96 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Police Federal Drug Enforcement Fund Number 299 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Shared Revenues - 57,919 25,000 70,000 70,027 70,027 (27) 100% Interest Earnings 723 192 697 697 50 50 647 7% Interfund Transfers In - - - 19,000 19,000 19,000 - 100% Total Revenue 723 58,110 25,697 89,697 89,077 89,077 620 99% Expenditures by Type Supplies - - 6,000 6,000 - 6,385 6,385 (385) 106% Services & Charges Professional Services - - - - - - - - - Other Services & Charges - - - - - - - - - Total Services & Charges - - - - - - - - - Capital 31,000 - 22,500 22,500 - - - 22,500 0% Interfund Transfers Out - 81,148 - - - - - - - Total Expenditures 31,000 81,148 28,500 28,500 - 6,385 6,385 22,115 22% Net Surplus / (Deficit)(30,277) (23,037) (2,803) 61,197 89,077 82,692 Beginning Cash Balance 113,552 83,275 60,237 Cash Adjustments - - - Ending Cash Balance 83,275 60,237 121,434 149,314 Cash Reserves Target 7,750 20,287 7,125 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to receive the Police Department's share of money acquired in Federal drug enforcement activity. Expenditures are to be used to fund drug enforcement and training. This fund's revenue stream is not a steady flow. It is dependent upon the processing and release of funds from the Fed for seized assets in drug activities. This fund also receives revenue from interest earned on the fund's cash balance. Expenditures are for replacement of police cars and for supplies related to drug enforcement and training. Cash Reserves Target 25% of Annual expenditures 97 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name 2018 Fire Station #9 Bond Debt Service Fund Number 350 Fund Type Debt Service Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interfund Transfers In 341,231 345,306 344,157 344,157 172,866 172,866 171,291 50% Total Revenue 341,231 345,306 344,157 344,157 172,866 172,866 171,291 50% Expenditures by Type Services & Charges Debt Service Principal 195,000 205,000 210,000 210,000 105,000 - 105,000 105,000 50% Debt Service Interest & Fees 146,231 140,306 134,157 134,157 67,866 - 67,866 66,291 51% Total Services & Charges 341,231 345,306 344,157 344,157 172,866 - 172,866 171,291 50% Total Expenditures 341,231 345,306 344,157 344,157 172,866 - 172,866 171,291 50% Net Surplus / (Deficit) - - - - - - Beginning Cash Balance - - - Cash Adjustments - - - Ending Cash Balance - - - - Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 10590-18) to pay for the semi-annual payment of debt service principal and interest to the bondholders for the General Obligation Bonds, Series 2018 (debt schedule #168). 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. 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 capital expenditures of this bond are tracked in the 2018 Fire Station #9 Bond Capital Fund (#451). This fund receives interfund transfers from the Fire Department Capital Fund (#287) in the amount of the debt service payments. Debt service payments are due on January 15 and July 15. The final bond payment is due January 15, 2038. Cash Reserves Target No reserve requirement 98 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name 2018 Fire Station #9 Bond Capital Fund Number 451 Fund Type Capital Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 2,981 1,857 - - 420 420 (420) - Total Revenue 2,981 1,857 - - 420 420 (420) - Expenditures by Type Capital 89,311 - - - - - - - - Total Expenditures 89,311 - - - - - - - - Net Surplus / (Deficit)(86,330) 1,857 - - 420 420 Beginning Cash Balance 399,877 314,233 316,090 Cash Adjustments 686 - - Ending Cash Balance 314,233 316,090 316,090 316,509 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established 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 is recorded in the 2018 Fire Station #9 Bond Debt Service Fund (#350). Bond issuance costs were recorded in this fund per Ordinance 10576-18 section VII-(a). 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. Construction of Fire Station 9 was completed in 2019. The new station was constructed at the corner of Mishawaka Avenue and 21st Street and will house Engine 9, Medic 9, Boat 2, and accommodate up to seven assigned firefighters per day. The remaining bond capital proceeds will be used to construct an additional classroom building 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. Cash Reserves Target No reserve requirement - Bond capital fund - spend down to zero 99 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Fire Pension Fund Number 701 Fund Type Pension Trust Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Shared Revenues 4,323,533 4,101,279 4,521,259 4,521,259 - - 4,521,259 0% Interest Earnings 2,205 1,809 11 11 255 255 (244) 2314% Other Income - - - - 3,922 3,922 (3,922) - Total Revenue 4,325,739 4,103,087 4,521,270 4,521,270 4,177 4,177 4,517,093 0% Expenditures by Type Personnel Salaries & Wages 4,205,078 4,131,672 4,576,038 4,576,038 1,368,295 - 1,368,295 3,207,743 30% Total Personnel 4,205,078 4,131,672 4,576,038 4,576,038 1,368,295 - 1,368,295 3,207,743 30% Supplies - - 100 100 - - - 100 0% Services & Charges Professional Services 3,500 3,500 6,000 6,000 - 3,500 3,500 2,500 58% Travel - - 350 350 - - - 350 0% Other Services & Charges 679 1,296 1,400 1,400 361 - 361 1,039 26% Total Services & Charges 4,179 4,796 7,750 7,750 361 3,500 3,861 3,889 50% Total Expenditures 4,209,256 4,136,468 4,583,888 4,583,888 1,368,657 3,500 1,372,157 3,211,732 30% Net Surplus / (Deficit) 116,482 (33,381) (62,618) (62,618) (1,364,480) (1,367,980) Beginning Cash Balance 336,501 453,561 420,180 Cash Adjustments 577 - - Ending Cash Balance 453,561 420,180 357,562 (944,300) Cash Reserves Target 420,926 413,647 458,389 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the 1925 & 1937 pension plans for retired South Bend firefighters and receives reimbursement from the State of Indiana. "Pension relief" payments from the Indiana Public Retirement System (INPRS) are an actuarial estimate of the current budget year's payments and an adjustment of the prior budget year's estimate to the actual payments made during the prior year, including certain administrative costs. 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. Expenditures are for the pension payments to retired firefighters or surviving spouses and for death benefits paid out. 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 in the General Fund (#101). Cash Reserves Target 10% of Annual expenditures 100 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Police Pension Fund Number 702 Fund Type Pension Trust Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Shared Revenues 6,048,813 5,950,693 6,057,740 6,057,740 - - 6,057,740 0% Interest Earnings 3,126 2,305 4,310 4,310 331 331 3,979 8% Other Income 6,284 4,119 2,000 2,000 1,527 1,527 473 76% Total Revenue 6,058,223 5,957,118 6,064,050 6,064,050 1,858 1,858 6,062,192 0% Expenditures by Type Personnel Salaries & Wages 6,186,554 5,958,435 6,049,340 6,049,340 2,014,752 - 2,014,752 4,034,588 33% Total Personnel 6,186,554 5,958,435 6,049,340 6,049,340 2,014,752 - 2,014,752 4,034,588 33% Supplies - - - - - - - - - Services & Charges Professional Services 3,500 3,500 6,500 6,500 - 3,500 3,500 3,000 54% Travel - - 500 500 - - - 500 0% Other Services & Charges 945 829 1,400 1,400 328 - 328 1,072 23% Total Services & Charges 4,445 4,329 8,400 8,400 328 3,500 3,828 4,572 46% Total Expenditures 6,190,998 5,962,764 6,057,740 6,057,740 2,015,080 3,500 2,018,580 4,039,160 33% Net Surplus / (Deficit)(132,776) (5,646) 6,310 6,310 (2,013,222) (2,016,722) Beginning Cash Balance 698,148 566,569 560,923 Cash Adjustments 1,197 - - Ending Cash Balance 566,569 560,923 567,233 (1,452,299) Cash Reserves Target 619,100 596,276 605,774 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the 1925 & 1937 pension plans for retired South Bend police officers and receives reimbursement from the State of Indiana. "Pension relief" payments from the Indiana Public Retirement System (INPRS) are an actuarial estimate of the current budget year's payments and an adjustment of the prior budget year's estimate to the actual payments made during the prior year, including certain administrative costs. 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. Expenditures are for the pension payments to retired police officers or surviving spouses and for death benefits paid out. 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 Police Department budget in the General Fund (#101). Cash Reserves Target 10% of Annual expenditures 101 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Police K-9 Unit Fund Number 705 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 21 14 - - 1 1 (1) - Donations - - - - - - - - Total Revenue 21 14 - - 1 1 (1) - Expenditures by Type Interfund Transfers Out - - 2,520 2,520 2,436 - 2,436 84 97% Total Expenditures - - 2,520 2,520 2,436 - 2,436 84 97% Net Surplus / (Deficit)21 14 (2,520) (2,520) (2,435) (2,435) Beginning Cash Balance 2,395 2,420 2,435 Cash Adjustments 4 - 85 Ending Cash Balance 2,420 2,435 - - Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 7945-88) to account for donations for the Police K-9 unit and track expenditures of those funds. This fund received donations for the Police K-9 unit. In recent years, there have been no donations. The donations are to be spent on supplies or services directly related to the Police K-9 unit. In 2022, the cash balance in this fund will be transferred into the Law Enforcement Continuing Education Fund (#220) and this fund will be discontinued. Revenues and expenses previously accounted for in this fund will be accounted for in Fund #220. Cash Reserves Target No reserve requirement 102 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Parks & Recreation Fund Number 201 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Property Taxes 9,566,845 10,271,000 10,580,413 10,580,413 - - 10,580,413 0% Intergov./ Shared Revenues 904,581 911,437 953,848 953,848 - - 953,848 0% Intergov./ Grants 648,098 200,000 - - - - - - Licenses & Permits - 253 - - 104 104 (104) - Charges for Services 2,760,462 2,922,965 3,196,581 3,196,581 833,290 833,290 2,363,291 26% Fines, Forfeitures, and Fees - 12 - - - - - - Interest Earnings 7,167 20,758 50,000 50,000 6,551 6,551 43,449 13% Debt Proceeds - - 269,000 269,000 - - 269,000 0% Donations 1,061,421 912,899 1,000,000 1,000,000 480,829 480,829 519,171 48% Other Income 127,858 132,135 314,941 314,941 94,370 94,370 220,571 30% Interfund Transfers In 800,000 1,232,541 119,221 119,221 39,741 39,741 79,480 33% Total Revenue 15,876,432 16,604,000 16,484,004 16,484,004 1,454,885 1,454,885 15,029,119 9% Expenditures by Division Park Administration 1,499,024 1,528,718 1,137,939 1,138,336 376,735 794 377,530 760,807 33% Park Maintenance 6,962,316 6,987,490 7,542,027 8,037,456 2,392,537 474,296 2,866,833 5,170,623 36% Golf Courses 1,501,398 1,700,799 1,831,495 1,839,260 509,909 78,390 588,299 1,250,961 32% Recreational Experiences 2,773,309 2,683,314 2,444,112 2,470,739 908,160 57,782 965,942 1,504,797 39% Community Programming - - 1,604,980 1,611,638 75,176 4,525 79,701 1,531,937 5% Development & Promotions 882,516 911,174 921,648 969,442 311,034 41,844 352,878 616,565 36% Park Projects & Capital 1,041,871 460,817 300,000 1,696,920 177,995 373,068 551,063 1,145,858 32% Potawatomi Zoo 700,000 701,965 701,803 701,803 350,601 350,000 700,601 1,202 100% Total Expenditures 15,360,434 14,974,277 16,484,004 18,465,596 5,102,146 1,380,700 6,482,846 11,982,750 35% Expenditures by Type Personnel Salaries & Wages 6,015,996 5,799,795 6,516,670 6,515,170 1,843,068 - 1,843,068 4,672,102 28% Fringe Benefits 2,133,462 2,037,827 2,319,980 2,321,480 715,556 - 715,556 1,605,924 31% Total Personnel 8,149,458 7,837,623 8,836,650 8,836,650 2,558,624 - 2,558,624 6,278,026 29% Supplies 1,173,909 1,372,042 1,514,568 1,563,323 459,726 220,300 680,026 883,297 43% Services & Charges Professional Services 192,616 114,458 324,780 120,705 52,192 - 52,192 68,513 43% Printing & Advertising 102,375 155,635 258,800 276,314 104,918 40,755 145,673 130,641 53% Utilities 790,831 930,114 781,304 780,304 310,753 - 310,753 469,551 40% Repairs & Maintenance 515,084 636,277 584,034 629,629 195,000 103,723 298,723 330,907 47% Education & Training 11,167 15,827 25,425 23,125 8,446 2,075 10,521 12,604 45% Travel 3,355 5,123 33,400 35,750 2,294 3,592 5,886 29,864 16% Grants & Subsidies 715,000 715,000 715,000 715,000 365,000 350,000 715,000 - 100% Other Services & Charges 685,769 565,456 684,573 965,511 181,133 179,186 360,319 605,192 37% Debt Service Principal 504,636 452,898 291,946 291,946 53,977 - 53,977 237,969 18% Debt Service Interest & Fees 47,338 31,020 34,076 34,076 11,071 - 11,071 23,005 32% Total Services & Charges 3,568,171 3,621,808 3,733,338 3,872,360 1,284,785 679,329 1,964,114 1,908,246 51% Operating Expenditures 12,891,538 12,831,473 14,084,556 14,272,333 4,303,135 899,630 5,202,765 9,069,569 36% Capital 1,030,272 474,790 569,000 2,362,815 188,862 481,070 669,932 1,692,883 28% Bad Debt 5,606 - - - - - - - - Interfund Interfund Allocations 1,421,220 1,668,015 1,830,448 1,830,448 610,149 - 610,149 1,220,299 33% Interfund Transfers Out 11,799 - - - - - - - - Total Interfund 1,433,019 1,668,015 1,830,448 1,830,448 610,149 - 610,149 1,220,299 33% Total Expenditures 15,360,434 14,974,277 16,484,004 18,465,596 5,102,146 1,380,700 6,482,846 11,982,751 35% Net Surplus / (Deficit) 515,998 1,629,723 - (1,981,592) (3,647,261) (5,027,961) Beginning Cash Balance 3,649,543 4,156,004 5,865,858 Cash Adjustments (9,538) 80,130 - Ending Cash Balance 4,156,004 5,865,858 3,884,266 2,333,676 Cash Reserves Target 3,840,108 3,743,569 4,616,399 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: This fund accounts for the operation of the Parks & Recreation side of the Department of Venues, Parks & Arts (VPA). Its purpose is to provide quality spaces, places, and experiences within the City. There are several operational divisions within the department: Administration, Maintenance, Golf Courses, Recreational Experiences, Community Programming, and Development & Promotions. This fund's main source of revenue is property taxes. This fund also receives auto excise and commercial vehicle excise tax (intergovernmental shared revenues). Additional revenue is derived from charges for services such as pavilion rental, golf course fees, concessions, and fees for camps, leagues, fitness centers, and special events. In 2019, this fund received a donation of $450,000 from the Pokagon Band of the Potawatomi. It will be received annually through 2023. The Regional Cities Grant of $5 million dollars was completed in 2020. Interfund transfers from the Local Income Tax Certified Shares Fund (#404) help subsidize operations. Personnel - From 2021 to 2022, several personnel accounting changes will be made to better assign personnel costs to the divisions for which the employees serve (see the Personnel Summary for more details). | Accounting Changes - Prior to 2022, the Recreation Division's budget accounted for the activities of recreational experiences and community programming. In 2022, the activities of community programming will be split out into a separate division budget. Community programming includes the costs for running the City- owned community centers managed by VPA. The Recreation Division will be renamed Recreational Experiences and its budget will include the costs for operating the O'Brien Fitness Center, Howard Park, along with VPA's athletics and aquatics activities. | Capital - In 2019 and 2020, capital expenditures reflect the use of the Regional Cities, Leighton Foundation, and Pokagon Band funds for the Howard Park renovation project. The decrease in capital expenditures reflects the substantial completion of the Howard Park renovation project and the use of the noted grants and donations. Cash Reserves Target 25% of Annual expenditures 103 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Morris PAC / Palais Royale Marketing Fund Number 273 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 3,535 4,983 - - - - - - Interest Earnings 648 453 - - 43 43 (43) - Donations - 500 - - - - - - Total Revenue 4,183 5,936 - - 43 43 (43) - Expenditures by Type Services & Charges Printing & Advertising 832 7,648 - - - - - - - Total Services & Charges 832 7,648 - - - - - - - Interfund Transfers Out - - 100,000 100,000 74,852 - 74,852 25,148 75% Total Expenditures 832 7,648 100,000 100,000 74,852 - 74,852 25,148 75% Net Surplus / (Deficit) 3,351 (1,712) (100,000) (100,000) (74,809) (74,809) Beginning Cash Balance 73,045 76,521 74,809 Cash Adjustments 125 - 25,191 Ending Cash Balance 76,521 74,809 - - Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 9768-07) 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. In 2022, the Morris Performing Arts Center's operations will be moved into an enterprise fund due to the nature of the Morris' activities. The revenue and expenditures previously accounted for in this fund will be moved to the newly created Morris Performing Arts Center Operations Fund (#602) and the remaining cash balance in this fund will be transferred to the new fund. Revenue for this fund was collected through donations and sponsorships. This fund also received revenue from interest earned on the fund's cash balance. Expenditures were for advertisements and promotional services. The City advertised on the local area digital billboards, but also secured sponsorships to help fund the advertising displayed on them. Cash Reserves Target No reserve requirement 104 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Morris PAC Self-Promotion Fund Number 274 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 37,554 37,223 - - - - - - Interest Earnings 1,818 1,355 - - 150 150 (150) - Total Revenue 39,372 38,578 - - 150 150 (150) - Expenditures by Type Services & Charges Printing & Advertising 1,100 - - - - - - - - Total Services & Charges 1,100 - - - - - - - - Interfund Transfers Out - - 410,000 410,000 264,160 - 264,160 145,840 64% Total Expenditures 1,100 - 410,000 410,000 264,160 - 264,160 145,840 64% Net Surplus / (Deficit) 38,272 38,578 (410,000) (410,000) (264,010) (264,010) Beginning Cash Balance 186,839 225,432 264,010 Cash Adjustments 320 - 145,990 Ending Cash Balance 225,432 264,010 - - Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 10569-17) to account for the revenue and expenditures related to events and activities that the Morris Performing Arts Center self-promotes or self-sponsors. In 2022, the Morris Performing Arts Center's operations will be moved into an enterprise fund due to the nature of the Morris' activities. The revenue and expenditures previously accounted for in this fund will be moved to the newly created Morris Performing Arts Center Operations Fund (#602) and the remaining cash balance in this fund will be transferred to the new fund. This fund received revenue from a ticket surcharge. The ticket surcharge fee is $3.50 per ticket sold: $1.50 deposited into the General Fund (#101), $1.00 deposited into Morris PAC Self-Promotion Fund (#274), and $1.00 deposited into Morris PAC Capital Fund (#416). This fund also received revenue from interest earned on the fund's cash balance. Expenditures were for marketing and advertising for the Morris Performing Arts Center. Cash Reserves Target No reserve requirement 105 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name 2017 Parks Bond Debt Service Fund Number 312 Fund Type Debt Service Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Property Taxes 1,087,915 1,116,956 1,100,842 1,100,842 - - 1,100,842 0% Intergov./ Shared Revenues 63,774 68,319 48,786 48,786 - - 48,786 0% Interest Earnings (244) 500 1,176 1,176 105 105 1,071 9% Total Revenue 1,151,444 1,185,775 1,150,804 1,150,804 105 105 1,150,699 0% Expenditures by Type Services & Charges Debt Service Principal 785,000 825,000 830,000 830,000 400,000 - 400,000 430,000 48% Debt Service Interest & Fees 387,965 364,190 339,368 339,368 172,683 - 172,683 166,686 51% Total Services & Charges 1,172,965 1,189,190 1,169,368 1,169,368 572,683 - 572,683 596,686 49% Total Expenditures 1,172,965 1,189,190 1,169,368 1,169,368 572,683 - 572,683 596,686 49% Net Surplus / (Deficit) (21,521) (3,415) (18,564) (18,564) (572,578) (572,578) Beginning Cash Balance 208,740 187,578 184,163 Cash Adjustments 358 - - Ending Cash Balance 187,578 184,163 165,599 (388,415) Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 10580-18) to collect a separate property tax levy that 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 the 2017 Parks Bond Capital Fund (#471) to be used towards the approved capital projects. 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). This fund also receives a small portion of auto excise and commercial vehicle excise tax. The bonds are to be repaid over 15 with with debt service payments due on January 15 and July 15 and the final payment due January 15, 2033. Property taxes are assumed to come in to cover the debt service payments through the life of the bond. Capital expenditures related to this bond are tracked in the 2017 Parks Bond Capital Fund (#471). Cash Reserves Target No reserve requirement 106 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Coveleski Stadium Capital Fund Number 401 Fund Type Capital Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services - - 25,000 25,000 274 274 24,727 1% Interest Earnings 144 58 109 109 1 1 108 1% Total Revenue 144 58 25,109 25,109 274 274 24,835 1% Expenditures by Type Services & Charges Repairs & Maintenance 15,099 10,183 25,000 25,715 6,962 2,732 9,694 16,022 38% Total Services & Charges 15,099 10,183 25,000 25,715 6,962 2,732 9,694 16,022 38% Capital - - - - - - - - - Total Expenditures 15,099 10,183 25,000 25,715 6,962 2,732 9,694 16,022 38% Net Surplus / (Deficit) (14,955) (10,125) 109 (606) (6,688) (9,419) Beginning Cash Balance 25,850 11,685 814 Cash Adjustments 790 (746) - Ending Cash Balance 11,685 814 208 (5,873) Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 7492-85) to account for minor capital improvements for Four Winds Field at Coveleski Stadium, located in downtown South Bend. The fund is administered by the Department of Venues, Parks & Arts. Revenues are in the form of compensation received by the City based on stadium attendance. Planned expenditures are for painting, landscaping, and mechanical upgrades. Cash Reserves Target No reserve requirement - Capital fund - spend down to zero 107 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Professional Sports Convention Development Area Fund Number 413 Fund Type Capital Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Shared Revenues - 775,414 1,500,000 1,500,000 865,570 865,570 634,430 58% Interest Earnings - 218 - - 1,017 1,017 (1,017) - Total Revenue - 775,632 1,500,000 1,500,000 866,587 866,587 633,413 58% Expenditures by Type Capital - - 1,500,000 2,304,900 991,025 43,725 1,034,750 1,270,150 45% Total Expenditures - - 1,500,000 2,304,900 991,025 43,725 1,034,750 1,270,150 45% Net Surplus / (Deficit)- 775,632 - (804,900) (124,438) (168,163) Beginning Cash Balance - - 775,632 Cash Adjustments - - - Ending Cash Balance - 775,632 (29,268) 666,403 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Cash Reserves Target No reserve requirement - Capital fund - spend down to zero This fund was established in 2021 (Resolution 4917-21) to account for the reinstatement of the Professional Sports Convention Development Area (PSCDA) in downtown South Bend. The PSCDA was originally established in 1997 (Resolution 2519-97) to fund debt service and improvements at the College Football Hall of Fame. The City received PSCDA tax revenue for the original area from January 1998 through December 2017. The original PSCDA included the College Football Hall of Fame, Century Center, Four Winds Field at Stanley Coveleski Stadium, Morris Performing Arts Center, Palais Royale Ballroom, and the Studebaker National Museum. The revised PSCDA expanded the tax area, adding the Aloft Hotel, the Courtyard by Marriott South Bend, Downtown, the Doubletree Hotel, Howard Park including its Community Center and the Howard Park Public House, and the campus of Indiana University South Bend. The Indiana Department of Revenue collects a portion of state sales tax and income taxes (covered taxes) generated in the professional sports convention development area (PSCDA). The taxes are remitted on a monthly basis to St. Joseph County which remits it to the City of South Bend. The maximum amount of covered taxes that may be captured in the PSCDA is $2 million per year per IC 36-7-31.8-10(e). The allocation provisions shall expire July 1, 2041. Because this is a new source of tax revenue, the City is budgeting conservatively at $1.5 million per year. The PSCDA tax revenue shall be used for capital improvements or financing of capital improvements for any facility that is owned by the City and is used as one of the following: a professional sports franchise for practice or competitive sporting events, a facility used principally for convention or tourism related events, a museum, a facility used for public attractions of national significance, a performing arts venue (IC 36-7-31.38-8 (a)(2)). Initially, the City plans to use the PSCDA to fund capital improvements at Four Winds Field at Coveleski Stadium in downtown South Bend, a baseball stadium for the South Bend Cubs minor league baseball team. 108 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Morris Performing Arts Center Capital Fund Number 416 Fund Type Capital Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Shared Revenues - - 500,000 - - - - - Charges for Services 37,554 37,223 85,000 - - - - - Interest Earnings 3,981 1,057 6,811 6,811 2,539 2,539 4,272 37% Debt Proceeds - - - 6,501,890 6,501,890 6,501,890 - 100% Interfund Transfers In 175,579 1,800,000 - - - - - - Total Revenue 217,114 1,838,280 591,811 6,508,701 6,504,429 6,504,429 4,272 100% Expenditures by Type Supplies - 14,811 25,000 25,000 - - - 25,000 0% Services & Charges Professional Services - - - 34,910 10,295 19,705 30,000 4,910 86% Printing & Advertising - 90 - - - - - - - Repairs & Maintenance 90,471 - 25,000 25,000 - - - 25,000 0% Debt Service Interest & Fees - - - 359,274 359,274 - 359,274 - 100% Total Services & Charges 90,471 90 25,000 419,184 369,569 19,705 389,274 29,910 93% Capital 346,394 113,550 - 8,031,800 101,230 6,775,010 6,876,240 1,155,560 86% Total Expenditures 436,865 128,451 50,000 8,475,984 470,799 6,794,715 7,265,513 1,210,470 86% Net Surplus / (Deficit) (219,751) 1,709,829 541,811 (1,967,283) 6,033,630 (761,084) Beginning Cash Balance 422,125 203,098 1,912,926 Cash Adjustments 724 - - Ending Cash Balance 203,098 1,912,926 (54,357) 7,946,556 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 7292-84) to receive monies to be used solely for the purpose of renovating, remodeling, or otherwise improving the facilities of the Morris Performing Arts Center (MPAC). 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. In 2022, the City issued bonds to fund capital improvement projects at the Morris. The South Bend Redevelopment Authority Lease Rental Revenue Bonds of 2022 were closed on March 2, 2022 with a par amount of $6,395,000 and a premium of $106,890. The net proceeds after bond issuance costs were $6.1 million. The bonds have a net interest rate of 3.064%. The bonds are backed by hotel/motel tax revenue. The Hotel/Motel Tax Board pledged 0.50% of hotel/motel tax revenue towards the repayment of the bonds. The bonds will be repaid over a period of 25 years with the first debt service payment due on August 1, 2022 and the final payment due on February 1, 2046. Debt service payments are tracked in the South Bend Redevelopment Authority Debt Service Fund (#752). Prior to 2022, this fund received revenue from a ticket surcharge fee of $1.00 per ticket sold at the Morris Performing Arts Center for qualified events (ordinance 9094-00). In 2022, the Morris Performing Arts Center's operations will be moved into an enterprise fund due to the nature of the Morris' activities. The ticket surcharge revenue previously deposited into this fund will be moved to the newly created Morris Performing Arts Center Operations Fund (#602). This fund also receives revenue from interest earned on the fund's cash balance. In 2020, $175,579 was transferred from the General Fund (#101) to help fund the Morris ceiling repair. The Morris is celebrating its 100 year anniversary in 2022 and is planning for major renovations consisting of certain energy savings improvements, renovations to the floor and seating, and other improvements. Funding will be provided by donations to be raised by the Venues, Parks & Arts Foundation. Additionally, the City issued revenue bonds to help fund the capital improvements. Cash Reserves Target No reserve requirement 109 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Palais Royale Historic Preservation Fund Number 450 Fund Type Capital Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 6,477 12,078 8,000 8,000 2,020 2,020 5,980 25% Interest Earnings 617 493 247 247 125 125 122 51% Total Revenue 7,094 12,571 8,247 8,247 2,145 2,145 6,102 26% Expenditures by Type Services & Charges Repairs & Maintenance 34,160 - 35,000 35,000 - - - 35,000 0% Total Services & Charges 34,160 - 35,000 35,000 - - - 35,000 0% Capital - - - - - - - - - Total Expenditures 34,160 - 35,000 35,000 - - - 35,000 0% Net Surplus / (Deficit)(27,066) 12,571 (26,753) (26,753) 2,145 2,145 Beginning Cash Balance 107,792 80,911 93,481 Cash Adjustments 185 - - Ending Cash Balance 80,911 93,481 66,728 95,626 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 9706-06) for the sole purpose of assisting with the continued historic preservation, maintenance and repair of the Palais Royale building and related facilities. This fund receives a 2% percent historic preservation charge assessed on all services provided in connection with the use and rental of Palais Royale facilities from functions held at the Palais (excluding fund raising events presented by not-for-profits). This fund also receives revenue from interest earned on the fund's cash balance. Repairs/improvements needed include wall repairs (interior and exterior), including painting, light fixtures, etc. Cash Reserves Target No reserve requirement 110 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Zoo Bond Capital Fund Number 453 Fund Type Capital Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 293 - - - 23 23 (23) - Debt Proceeds - - - 5,891,800 5,891,800 5,891,800 - 100% Total Revenue 293 - - 5,891,800 5,891,823 5,891,823 (23) 100% Expenditures by Type Services & Charges Debt Service Interest & Fees - - - 318,188 318,188 - 318,188 - 100% Total Services & Charges - - - 318,188 318,188 - 318,188 - 100% Capital 121,222 - - 5,573,613 - - - 5,573,613 0% Total Expenditures 121,222 - - 5,891,800 318,188 - 318,188 5,573,613 5% Net Surplus / (Deficit)(120,929) - - - 5,573,636 5,573,636 Beginning Cash Balance 120,929 - - Cash Adjustments - - - Ending Cash Balance - - - 5,573,636 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Cash Reserves Target No reserve requirement - Bond capital fund - spend down to zero This fund accounts for the expenditures of the bond proceeds from the Economic Development Lease Rental Revenue Bonds, Series 2022. The bonds were issued to fund a variety of projects in furtherance of the Potawatomi Zoo's 30-year master plan. The Hotel/Motel Tax Board pledged 0.50% of hotel/motel tax revenue towards the repayment of the bonds. The bonds will be repaid over a period of 20 years with the first debt service payment due on August 1, 2022 and the final payment due on February 1, 2042. Debt service payments are tracked in the South Bend Building Corporation Debt Service Fund (#755). Previously this fund was used to track the expenditures of the proceeds from the Economic Development Revenue Bonds, Series 2018. The bonds were issued to fund capital improvements at the Zoo, including a modernized visitor center and various deferred maintenance improvements throughout the Zoo. The 2018 bond capital proceeds were fully spent in 2020. The 2022 Zoo bonds were closed on March 2, 2022 with a par amount of $5,715,000 and a premium of $176,800. The net proceeds after bond issuance costs were $5,550,000. The bonds have a net interest rate of 2.718%. The 2018 Zoo bonds were closed on November 1, 2018 with a par amount of $3,440,000 and a premium of $346,189. The net proceeds after bond issuance costs were $3,702,814. The bonds have a net interest rate of 3.78%. The 2022 bonds were issued to finance the costs of the construction, expansion, renovation, equipping, furnishing and improving the Potawatomi Zoo, located at 500 Greenlawn Avenue, including the following: (i) the renovation, construction and equipping of a new lion habitat to include new rock facade, new fencing and a new visitor viewing area; (ii) the construction, equipping and furnishing of a new concession and dining facility in the North American portion of the Zoo, permitting visitors to view a newly constructed black bear habitat which will permit the introduction of a new species for the Zoo; (iii) replacement of the existing corporate and family picnic area with a new covered pavilion along with a new kitchen area and new fencing, pathways and storage areas; (iv) renovation of the North American animal habitats to meet modern Zoo standards including without limitation the construction and equipping of a new holding barn in the center and the installation of new fencing and habitat esthetics; and (v) the construction and equipping of a new tiger habitat to meet current accreditation standards for zoos which will include the construction of a new, modern habitat within a portion of Potawatomi Park land not currently being utilized by the Zoo. 111 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name 2017 Parks Bond Capital Fund Number 471 Fund Type Capital Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 72,162 31,461 - 4,801 5,585 5,585 (784) 116% Total Revenue 72,162 31,461 - 4,801 5,585 5,585 (784) 116% Expenditures by Series Supported by Interest Earned - - - 500,000 - - - 500,000 0% Series A - Howard Park 73,054 - - - - - - - - Series B - St. Louis Street 6,643 - - 27,752 1,600 12,199 13,799 13,953 50% Series C - Colfax-Seitz - 821,301 - 191,031 178,410 8,688 187,099 3,932 98% Series D - Howard-Farmers 1,071,889 104,566 - 3,500 - - - 3,500 0% Series E - Miami-Twyckenham 685,828 97,564 - 33,483 - - - 33,483 0% Series F - Seitz Park - - - 1,088,451 - 1,085,400 1,085,400 3,051 100% Series G - East Race 22,320 2,230 - 1,277,354 - 1,277,354 1,277,354 - 100% Series H - Pinhook Park 454,571 471,842 - 81,227 - - - 81,227 0% Series I - Other Park Improv.109,488 66,543 - 110,358 376 1,074 1,450 108,908 1% Series J - Pinhook Connect 755,805 127,248 - 41,811 - - - 41,811 0% Series K - Future Projects 47,423 3,917 - 909,560 35,125 271,840 306,965 602,595 34% Total Expenditures 3,227,021 1,695,211 - 4,264,527 215,512 2,656,555 2,872,067 1,392,460 67% Expenditures by Type Services & Charges Professional Services - - - 6,464 - - - 6,464 0% Total Services & Charges - - - 6,464 - - - 6,464 0% Capital 3,227,021 1,695,211 - 4,258,063 215,512 2,656,555 2,872,067 1,385,996 67% Total Expenditures 3,227,021 1,695,211 - 4,264,527 215,512 2,656,555 2,872,067 1,392,460 67% Net Surplus / (Deficit)(3,154,859) (1,663,750) - (4,259,726) (209,927) (2,866,482) Beginning Cash Balance 9,062,798 5,926,118 4,259,726 Cash Adjustments 18,179 (2,642) - Ending Cash Balance 5,926,118 4,259,726 - 4,084,924 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Cash Reserves Target No reserve requirement - Bond capital fund - spend down to zero This fund was established per the bond agreement in order to track the capital expenditures of the 2017 Park District Bonds, Series A-K. The bonds were issued to fund certain improvements in connection with the MY SB Parks & Trails initiative. 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. Debt service payments are tracked in the 2017 Parks Bond Debt Service Fund (#312). The par amount of the bonds was $14,075,000. The bond closing date was December 20, 2017. 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. These are the various projects: Series A - Howard Park riverfront promenade, storm water habitat area | Series B - St. Louis Street parking and street upgrades (Howard Park) | Series C - Riverfront trail upgrades - Colfax to Seitz Park | Series D - Riverfront trail upgrades - Howard Park to Farmer's Market | Series E - Riverfront trail upgrades - Miami to Twyckenham | Series F - Riverfront trail upgrades - Seitz Park to Howard Park, Seitz Park parking | Series G - Seitz Park - AM General parking and plaza area, East Race promenade and bridge | Series H - Pinhook Park pavilion upgrade, reconnect river flow to lagoon, playground and site improvements | Series I - Other Park Improvements - Park security, lighting, and storage - Restrooms modernization & ADA compliance | Series J - Pinhook Park neighborhood connectivity | Series K - Future Projects - park acquisitions, partnerships, and build-outs 112 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Parking Garages Fund Number 601 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 844,835 905,346 913,300 913,300 270,114 270,114 643,186 30% Fines, Forfeitures, and Fees 38,862 45,810 50,000 50,000 11,345 11,345 38,655 23% Interest Earnings 8,089 4,803 2,495 2,495 1,183 1,183 1,312 47% Other Income 2,468 71 - - - - - - Total Revenue 894,253 956,029 965,795 965,795 282,642 282,642 683,153 29% Expenditures by Subdivisions Parking Enforcement 71,212 3,992 738 1,038 466 - 466 572 45% Parking General Operations 40,118 435,881 527,193 579,121 167,493 2,946 170,439 408,683 29% Main Street Garage 638,343 109,357 213,469 309,407 67,554 101,628 169,183 140,224 55% Leighton Plaza Garage 478,042 108,032 202,274 271,422 74,357 93,876 168,233 103,189 62% Wayne Street Garage 307,837 67,306 148,444 252,507 65,670 103,950 169,620 82,887 67% Eddy St Commons Garage 10,511 - - - - - - - - Total Expenditures 1,546,063 724,568 1,092,118 1,413,495 375,540 302,400 677,940 735,555 48% Expenditures by Type Personnel Other Personnel Costs - 172,990 295,100 295,100 76,885 - 76,885 218,215 74% Total Personnel - 172,990 295,100 295,100 76,885 - 76,885 218,215 74% Supplies - 21,389 30,000 31,699 6,253 1,321 7,574 24,125 24% Services & Charges Professional Services 490,335 164,606 104,900 116,114 13,445 1,625 15,070 101,044 13% Utilities 100,720 101,784 131,000 131,000 38,925 - 38,925 92,075 30% Repairs & Maintenance 237,452 63,496 156,000 176,783 25,402 21,980 47,383 129,400 27% Other Services & Charges 16,358 24,276 22,200 22,237 5,045 - 5,045 17,192 23% Total Services & Charges 844,864 354,162 414,100 446,134 82,817 23,605 106,423 339,711 24% Operating Expenditures 844,864 548,541 739,200 772,933 165,955 24,926 190,881 582,051 25% Capital 576,152 14,248 190,000 477,644 155,279 277,474 432,753 44,892 91% Bad Debt 730 41 - - - - - - - Interfund Allocations 124,317 161,738 162,918 162,918 54,306 - 54,306 108,612 33% Total Expenditures 1,546,063 724,568 1,092,118 1,413,495 375,540 302,400 677,940 735,555 48% Net Surplus / (Deficit)(651,810) 231,462 (126,323) (447,700) (92,898) (395,298) Beginning Cash Balance 1,326,253 674,268 907,380 Cash Adjustments (175) 1,650 - Ending Cash Balance 674,268 907,380 459,680 816,562 Cash Reserves Target 386,516 181,142 353,374 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Cash Reserves Target 25% of Annual expenditures This fund was established (ordinance 5089-69) to account for the maintenance and operation of off-street parking facilities. 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. This fund receives revenue from the collection of daily and monthly parking fees at several downtown parking garages. Revenue dropped in 2020 due to the COVID-19 pandemic and less monthly parkers as people worked from home. This fund also receives revenue from street parking fines. 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. Starting in 2021, parking garage operations are under outside contract with ASM Global. Wages and benefits for parking garage employees and supplies for the garages will be paid for by the City directly rather than through a management fee. | Personnel - Includes the wages and benefits for parking garage employees who are hired and managed by ASM Global. | Supplies - Includes building R&M supplies, uniforms, small tools & equipment, cleaning supplies, and office supplies. | Services - The professional services budget is for the management contract with ASM. The utilities budget includes the cost of electric and water for the parking garages. Other services & charges includes elevator permits and credit card processing fees. | Capital - There are many capital improvement needs. The forecast shows a smaller capital budget than in prior years due to revenue remaining fairly flat. | Interfund Allocation - This fund reimburses the Morris Performing Arts Center Division (Fund #602) for 100% of costs of wages and benefits for the Manager-Facility Operations position. 113 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Morris Performing Arts Center Operations Fund Number 602 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services - - 987,000 987,000 304,950 304,950 682,050 31% Interest Earnings - - 4,657 4,657 657 657 4,000 14% Other Income - - 12,500 12,500 14,550 14,550 (2,050) 116% Interfund Allocation Reimb - - 89,450 89,450 29,817 29,817 59,633 33% Interfund Transfers In - - 1,110,000 1,110,000 939,012 939,012 170,988 85% Total Revenue - - 2,203,607 2,203,607 1,288,986 1,288,986 914,621 58% Expenditures by Subdivisions Morris Performing Arts Center - - 1,613,579 1,613,579 420,963 32,560 453,523 1,160,056 28% Events Promotion - - 70,000 70,000 - - - 70,000 0% Total Expenditures - - 1,683,579 1,683,579 420,963 32,560 453,523 1,230,056 27% Expenditures by Type Personnel Salaries & Wages - - 500,702 500,702 171,059 - 171,059 329,643 34% Fringe Benefits - - 228,225 228,225 69,072 - 69,072 159,153 30% Total Personnel - - 728,927 728,927 240,131 - 240,131 488,796 33% Supplies - - 25,000 25,000 9,408 294 9,703 15,297 39% Services & Charges Professional Services - - 200,000 200,500 3,084 15,000 18,084 182,416 9% Printing & Advertising - - 200,000 200,000 21,995 4,305 26,299 173,701 13% Utilities - - 139,100 139,100 39,547 - 39,547 99,554 28% Repairs & Maintenance - - 98,500 96,500 8,556 4,755 13,311 83,189 14% Education & Training - - 4,500 4,500 1,614 1,000 2,614 1,886 58% Travel - - 4,500 6,000 4,139 3,020 7,159 (1,159) 119% Other Services & Charges - - 20,350 20,350 4,922 4,186 9,108 11,242 45% Total Services & Charges - - 666,950 666,950 83,856 32,266 116,122 550,829 17% Operating Expenditures - - 1,420,877 1,420,877 333,396 32,560 365,956 1,054,922 26% Interfund Interfund Allocations - - 262,702 262,702 87,567 - 87,567 175,135 33% Total Interfund - - 262,702 262,702 87,567 - 87,567 175,135 33% Total Expenditures - - 1,683,579 1,683,579 420,963 32,560 453,523 1,230,057 27% Net Surplus / (Deficit)- - 520,028 520,028 868,023 835,463 Beginning Cash Balance - - - Cash Adjustments - - - Ending Cash Balance - - 520,028 873,079 Cash Reserves Target - - 168,358 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: Cash Reserves Target 10% of Annual expenditures In 2022, the operations of the Morris Performing Arts Center will be moved from the General Fund (#101) into this newly created enterprise fund. This fund will account for the operating costs of the Morris Performing Arts Center in downtown South Bend, the premier performing arts center in this region of the country. It provides improved quality of life to the City's residents, serves as an economic catalyst in the City, and fosters historic preservation of landmark City venues. The Morris Performing Arts Center (Morris PAC) is a division under the Department of Venues, Parks & Arts. This Morris receives revenue from charges for services including facility rental, concessions, ticket handling fees, and more. This fund also receives revenue from a ticket surcharge fee of $3.50 per ticket sold. Prior to 2022, the ticket surcharge fee was split across three funds: $1.50 was deposited into the General Fund (#101), $1.00 was deposited into the Morris Self- Promotion Fund (#274), and $1.00 was deposited into the Morris Capital Fund (#416). The Morris receives an Interfund Allocation Reimbursement from the Parking Garage Fund (#601) f 100% f f d b fi f h M F ili O i Personnel - The personnel budget includes the wages and benefits for nine (9) full-time employees, and $24k for part-time wages. | Supplies - The supplies budget includes uniforms, cleaning supplies, repair & maintenance materials, small tools & equipment, and office supplies. | Services - The repair & maintenance budget includes HVAC and elevator maintenance, along with other general building maintenance expenses. The utilities budget includes the costs of electric, natural gas, and water for the Morris. The printing & advertising budget is for the promotion of events at the Morris. Professional services and printing & advertising are budgeted higher in 2022 than usual as the Morris is getting ready to celebrate its 100 year anniversary in 2022. | Capital - The Morris Performing Arts Center's capital needs are accounted for in the Morris Capital Fund (#416). 114 City of South Bend, Indiana Monthly Financial Report April 30, 2022 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Historical Revenue by Fund General Fund (#101)419,160 1,736,453 - - 54,878 54,878 (54,878) - Morris Marketing (#273)4,183 5,936 - - 43 43 (43) - Morris Self-Promotion (#274)39,372 38,578 - - 150 150 (150) - Morris Operations Fund (#602)- - 2,203,607 2,203,607 1,288,986 1,288,986 914,621 58% Total Revenue 462,715 1,780,967 2,203,607 2,203,607 1,344,057 1,344,057 859,550 61% Revenue Intergov./ Grants - 992,163 - - - - - - Charges for Services 358,834 696,886 987,000 987,000 304,950 304,950 682,050 31% Interest Earnings 2,466 1,808 4,657 4,657 850 850 3,807 18% Donations - 500 - - - - - - Other Income 5,930 2,864 12,500 12,500 69,428 69,428 (56,928) 555% Interfund Allocation Reimb 40,118 86,746 89,450 89,450 29,817 29,817 59,633 33% Interfund Transfers In 55,367 - 1,110,000 1,110,000 939,012 939,012 170,988 85% Total Revenue 462,715 1,780,967 2,203,607 2,203,607 1,344,057 1,344,057 859,550 61% Expenditures by Fund General Fund (#101)1,003,966 1,106,303 600,000 656,962 632,833 16,797 649,629 7,333 99% Morris Marketing (#273)832 7,648 100,000 100,000 74,852 - 74,852 25,148 75% Morris Self-Promotion (#274)1,100 - 410,000 410,000 264,160 - 264,160 145,840 64% Morris Operations Fund (#602)- - 1,683,579 1,683,579 420,963 32,560 453,523 1,230,056 27% Total Expenditures 1,005,898 1,113,951 2,793,579 2,850,541 1,392,808 49,357 1,442,165 1,408,377 51% Expenditures by Type Personnel Salaries & Wages 285,767 430,859 500,702 500,702 171,059 - 171,059 329,643 34% Fringe Benefits 131,601 200,379 228,225 228,225 69,072 - 69,072 159,153 30% Total Personnel 417,368 631,239 728,927 728,927 240,131 - 240,131 488,796 33% Supplies 22,110 29,271 25,000 33,435 17,843 294 18,138 15,297 54% Services & Charges Professional Services 2,518 1,650 200,000 204,944 7,528 15,000 22,528 182,416 11% Printing & Advertising 17,634 21,798 200,000 223,775 34,481 15,592 50,073 173,702 22% Utilities 112,645 110,532 139,100 139,100 39,547 - 39,547 99,554 28% Repairs & Maintenance 34,268 61,776 98,500 106,023 13,695 9,139 22,834 83,189 22% Education & Training - 3,224 4,500 9,014 1,639 1,000 2,639 6,375 29% Travel 1,469 3,626 4,500 9,659 5,075 3,020 8,095 1,564 84% Other Services & Charges 11,433 12,862 20,350 22,963 6,289 5,312 11,601 11,362 51% Total Services & Charges 179,966 215,468 666,950 715,477 108,254 49,062 157,316 558,161 22% Operating Expenditures 619,444 875,978 1,420,877 1,477,839 366,228 49,357 415,585 1,062,254 28% Interfund Interfund Allocations 210,875 237,973 262,702 262,702 87,567 - 87,567 175,135 33% Interfund Transfers Out 175,579 - 1,110,000 1,110,000 939,012 - 939,012 170,988 85% Total Interfund 386,454 237,973 1,372,702 1,372,702 1,026,580 - 1,026,580 346,122 75% Total Expenditures 1,005,898 1,113,951 2,793,579 2,850,541 1,392,808 49,357 1,442,165 1,408,376 51% Net Surplus / (Deficit) (543,183) 667,016 (589,972) (646,934) (48,751) (98,107) Morris Performing Arts Center Historical Budget Summary - Fund 101, 273, 274, & 602 In 2022, the operations of the Morris Performing Arts Center will be moved from the General Fund (#101) into the newly created Morris Operations enterprise fund (#602). Also, the revenue and expenditures formerly accounted for in the Morris Marketing Fund (#273) and the Morris Self-Promotion Fund (#274) will be moved into the new fund. 115 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Century Center Operations Fund Number 670 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Shared Revenues 956,250 637,500 1,275,000 1,275,000 1,037,500 1,037,500 237,500 81% Charges for Services 924,923 1,401,480 2,778,000 2,778,000 659,949 659,949 2,118,051 24% Interest Earnings 7 54 - - - - - - Other Income 5,936 5,177 3,750 3,750 37,817 37,817 (34,067) 1008% Interfund Allocation Reimb 68,478 67,477 69,185 69,185 23,062 23,062 46,123 33% Total Revenue 1,955,594 2,111,688 4,125,935 4,125,935 1,758,327 1,758,327 2,367,607 43% Expenditures by Subdivisions City Operations 1,149,345 1,246,312 1,543,246 1,559,473 461,529 55,297 516,826 1,042,647 33% Food & Beverage Operations 1,444,541 1,702,069 2,535,485 2,535,485 776,612 - 776,612 1,758,873 31% Total Expenditures 2,593,886 2,948,380 4,078,731 4,094,958 1,238,141 55,297 1,293,438 2,801,520 32% Expenditures by Type Personnel Salaries & Wages 368,842 350,615 469,511 469,511 127,966 - 127,966 341,545 27% Fringe Benefits 138,803 124,970 185,425 185,425 45,032 - 45,032 140,393 24% Other Personnel Costs 757,895 730,187 718,000 718,000 361,494 - 361,494 356,506 50% Total Personnel 1,265,540 1,205,772 1,372,936 1,372,936 534,492 - 534,492 838,444 39% Supplies 317,548 551,277 1,136,200 1,136,301 248,181 653 248,834 887,467 22% Services & Charges Professional Services 35,698 107,162 122,108 122,108 48,387 - 48,387 73,721 40% Printing & Advertising 277 543 - - - - - - - Utilities 276,273 348,609 392,296 392,296 131,884 - 131,884 260,412 34% Repairs & Maintenance 74,654 71,901 115,000 128,088 25,181 46,687 71,869 56,219 56% Education & Training 1,724 428 2,500 2,500 - - - 2,500 0% Travel - 574 - - - - - - - Insurance 47,272 48,906 58,188 58,188 15,488 - 15,488 42,700 27% Other Services & Charges 311,417 268,797 537,589 540,627 104,988 7,956 112,944 427,683 21% Total Services & Charges 747,314 846,920 1,227,681 1,243,806 325,928 54,644 380,572 863,235 31% Operating Expenditures 2,330,403 2,603,968 3,736,817 3,753,044 1,108,601 55,297 1,163,898 2,589,146 31% Interfund Interfund Allocations 169,544 247,195 241,226 241,226 80,409 - 80,409 160,817 33% Interfund Transfers Out 93,939 97,217 100,688 100,688 49,131 - 49,131 51,557 49% Total Interfund 263,483 344,412 341,914 341,914 129,540 - 129,540 212,374 38% Total Expenditures 2,593,886 2,948,380 4,078,731 4,094,958 1,238,141 55,297 1,293,438 2,801,520 32% Net Surplus / (Deficit) (638,292) (836,692) 47,204 30,977 520,186 464,889 Beginning Cash Balance 1,537,206 1,016,748 194,350 Cash Adjustments 117,834 14,294 - Ending Cash Balance 1,016,748 194,350 225,327 698,471 Cash Reserves Target 648,472 737,095 1,023,739 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: The City has a contract with ASM Global (a company that specializes in venue management) for the food & beverage operations at the Century Center. The repair and maintenance operations are handled by the City. | Personnel - The City's portion of the personnel budget includes the wages and benefits for seven (7) full-time employees, and $48k for part- time wages. These employees are hired and managed by the City. Other Personnel Costs represents the wages and benefits for ASM Global employees working for the Century Center. | Supplies - The City's portion of the budget includes supplies needed to maintain the Century Center such as cleaning supplies, repair & maintenance materials, office supplies, and other small operating supplies. ASM Global's portion of the supplies budget ($1.1 million) includes supplies needed to operate the Century Center for events, such as food & beverage inventory. | Services - The repair & maintenance budget includes HVAC and elevator maintenance, along with other general building maintenance expenses. The utilities budget includes the costs of electric, natural gas, and water for the Century Center. | Interfund Transfers Out include transfers to the Century Center Energy Conservation Debt Service Fund (#672) to fund debt service payments.| Capital - See the Century Center Capital Fund (#671). Cash Reserves Target 25% of Annual expenditures This fund was established to account for the operating costs of Century Center, the City's convention center. The Century Center is a division of the Department of Venues, Parks & Arts. The Century Center is located along the St. Joseph River in Downtown South Bend. It plays host to conventions and trade shows, conferences and meetings, weddings and receptions, plays, and concerts. This fund receives Hotel/Motel tax, remitted to the City by St. Joseph County, and collects revenue for charges for services such as facility rent, catering, parking etc. Amount may change in years going forward. Due to the COVID-19 pandemic, the Century Center was shut down for a several months during 2020. Revenue is expected to drop significantly for the foreseeable future as a result of less events due to the pandemic. 116 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Century Center Capital Fund Number 671 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 1,931 98 1,000 1,000 32 32 968 3% Other Income - - - - - - - - Interfund Transfers In - - - - - - - - Total Revenue 1,931 98 1,000 1,000 32 32 968 3% Expenditures by Type Services & Charges Professional Services - - - - - - - - - Other Services & Charges - - - - - - - - - Total Services & Charges - - - - - - - - - Capital - - 35,000 35,000 - - - 35,000 0% Total Expenditures - - 35,000 35,000 - - - 35,000 0% Net Surplus / (Deficit)1,931 98 (34,000) (34,000) 32 32 Beginning Cash Balance 981,681 983,612 983,710 Cash Adjustments - - - Ending Cash Balance 983,612 983,710 949,710 983,743 Cash Reserves Target 800,000 800,000 800,000 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established in 1989 for the purpose of providing preventative maintenance and improvement to the Century Center. This fund receives revenue from interest earned on the fund's cash balance. The Century Center Board of Managers may transfer the annual net profit from the Century Center Operations Fund (#670) into this fund; however, the City does not anticipate transfers in the next few years because revenue is expected to drop significantly for the foreseeable future as a result of less events due to the COVID-19 pandemic. The Century Center's capital needs are being met by an allocation from the St. 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. Cash Reserves Target $800,000 Minimum per Board of Managers 117 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Century Center Energy Conservation Debt Svc Fund Number 672 Fund Type Debt Service Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Shared Revenues 221,437 221,437 221,437 221,437 221,437 221,437 - 100% Interest Earnings 2,552 1,574 2,000 2,000 370 370 1,630 19% Other Income 97,225 89,480 80,242 80,242 18,406 18,406 61,836 23% Interfund Transfers In 93,939 97,217 100,688 100,688 49,131 49,131 51,557 49% Total Revenue 415,154 409,708 404,367 404,367 289,344 289,344 115,023 72% Expenditures by Type Services & Charges Debt Service Principal 285,614 291,274 297,175 297,175 147,069 - 147,069 150,106 49% Debt Service Interest & Fees 125,482 115,437 105,193 105,193 53,883 - 53,883 51,310 51% Total Expenditures 411,096 406,711 402,368 402,368 200,952 - 200,952 201,416 50% Net Surplus / (Deficit) 4,058 2,997 1,999 1,999 88,392 88,392 Beginning Cash Balance 189,409 193,705 196,702 Cash Adjustments 238 - - Ending Cash Balance 193,705 196,702 198,701 285,094 Cash Reserves Target - - - 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 solar panel roof and other energy efficiency projects. This fund receives revenue, to fund the repayment of the debt, from the following sources: a pledge of Hotel/Motel tax revenue from St. Joseph County in the amount of $221,437 per year starting in 2018; interfund transfers from Century Center Operations Fund (#670); and a federally subsidized interest rebate of approximately 80% of interest paid. This fund also receives revenue from interest earned on the fund's cash balance. The bonds will be paid off over a 15-year period with the final payment due on May 1, 2031. Cash Reserves Target No reserve requirement 118 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name City Cemetery Fund Number 730 Fund Type Special Revenue Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 259 178 273 273 40 40 233 15% Other Income - - - - - - - - Total Revenue 259 178 273 273 40 40 233 15% Expenditures by Type Services & Charges Repairs & Maintenance - - - - - - - - - Other Services & Charges - - - - - - - - - Total Services & Charges - - - - - - - - - Capital - - - - - - - - - Total Expenditures - - - - - - - - - Net Surplus / (Deficit)259 178 273 273 40 40 Beginning Cash Balance 29,730 30,041 30,218 Cash Adjustments 51 - - Ending Cash Balance 30,041 30,218 30,491 30,258 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 10638-18) to provide perpetual care and maintenance for the South Bend City Cemetery. 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. Currently, this fund only receives revenue from interest earned on the fund's cash balance. Expenses are for maintaining the City Cemetery. There are no expenditures budgeted for 2022. Appropriation requests for expenditures will be made as needed. Cash Reserves Target 25% of Annual expenditures 119 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Bowman Cemetery Fund Number 731 Fund Type Special Revenue Fund Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 4,082 2,793 4,328 4,328 631 631 3,697 15% Other Income - - - - - - - - Total Revenue 4,082 2,793 4,328 4,328 631 631 3,697 15% Expenditures by Type Services & Charges Repairs & Maintenance - - - - - - - - - Other Services & Charges - - - - - - - - - Total Services & Charges - - - - - - - - - Capital - - - - - - - - - Total Expenditures - - - - - - - - - Net Surplus / (Deficit)4,082 2,793 4,328 4,328 631 631 Beginning Cash Balance 467,692 472,576 475,369 Cash Adjustments 802 - - Ending Cash Balance 472,576 475,369 479,697 476,000 Cash Reserves Target 400,000 400,000 400,000 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: 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. This fund 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. Currently, this fund only receives revenue from interest earned on the fund's cash balance. Expenses will be for maintaining the Bowman Cemetery. There are no expenditures budgeted for 2022. Appropriation requests for expenditures will be made as needed. Cash Reserves Target $400,000 minimum 120 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name 2015 Parks Bond Debt Service Fund Number 757 Fund Type Debt Service Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 807 47 1,000 1,000 17 17 983 2% Interfund Transfers In 375,939 375,986 374,106 374,106 123,602 123,602 250,504 33% Total Revenue 376,746 376,033 375,106 375,106 123,619 123,619 251,487 33% Expenditures by Type Services & Charges Debt Service Principal 225,000 225,000 230,000 230,000 115,000 - 115,000 115,000 50% Debt Service Interest & Fees 156,131 149,381 142,557 142,557 72,141 - 72,141 70,416 51% Total Expenditures 381,131 374,381 372,557 372,557 187,141 - 187,141 185,416 50% Net Surplus / (Deficit) (4,385) 1,652 2,549 2,549 (63,521) (63,521) Beginning Cash Balance 590,497 586,111 587,763 Cash Adjustments - - - Ending Cash Balance 586,111 587,763 590,312 524,242 Cash Reserves Target 586,111 587,763 590,312 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the semi-annual payment of debt service principal and interest to the bondholders of the 2015 Parks Bond. The par amount of the bonds were $5,605,000. The debt service reserve will be used towards the last debt service payment. The accounting records are maintained in trustee bank accounts. | Capital expenditures of this bond were tracked in the 2015 Parks Bond Capital Fund (#751). The capital proceeds were fully expended in 2019. The Local Income Tax Economic Development 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. The semi-annual debt service payments are set forth in the 20-year debt amortization schedule (debt schedule #141) with the first payment made on February 1, 2016 and the final payment due on August 1, 2035. Cash Reserves Target 100% cash reserves per bond covenants 121 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Studebaker-Oliver Revitalizing Grants Fund Number 209 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Grants - - - - - - - - Interest Earnings 7,035 4,318 5,942 5,942 919 919 5,023 15% Other Income 100,000 - - - - - - - Total Revenue 107,035 4,318 5,942 5,942 919 919 5,023 15% Expenditures by Type Services & Charges Professional Services 274,931 75,182 50,000 262,443 4,781 50,443 55,223 207,219 21% Total Services & Charges 274,931 75,182 50,000 262,443 4,781 50,443 55,223 207,219 21% Capital - - - - - - - - - Total Expenditures 274,931 75,182 50,000 262,443 4,781 50,443 55,223 207,219 21% Net Surplus / (Deficit) (167,896) (70,864) (44,058) (256,501) (3,862) (54,305) Beginning Cash Balance 929,415 763,112 692,248 Cash Adjustments 1,593 - - Ending Cash Balance 763,112 692,248 435,747 688,386 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 9214-01) 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. The 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. This fund received grant monies in the past and currently only receives revenue from interest earned on the fund's cash balance. Other income was derived from repayment from the River West TIF Fund (#324), with the last payment received in 2020. Professional services include ground water testing and other ongoing costs related to the study and planning for the various brownfields. The City also participates in the Indiana Department of Environmental Management's voluntary remediation program, and will continue using this fund in 2022 for those costs. Cash Reserves Target No reserve requirement - Grant fund - spend down to zero 122 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Economic Development State Grants Fund Number 210 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Grants - 41,015 - 568,343 20,845 20,845 547,498 4% Interest Earnings 712 160 18 18 36 36 (18) 198% Other Income 90,013 36,005 - - - - - - Total Revenue 90,725 77,180 18 568,361 20,880 20,880 547,480 4% Expenditures by Type Services & Charges Professional Services 56,352 438 - 90,850 5,790 63,703 69,493 21,358 76% Repairs & Maintenance - - - 400,000 65,972 - 65,972 334,028 16% Debt Service Principal 69,632 35,604 - - - - - - - Debt Service Interest & Fees 2,379 401 - - - - - - - Grants & Subsidies - 41,015 - 92,986 20,845 7,386 28,231 64,755 30% Other Services & Charges - - - 11,400 - - - 11,400 0% Total Services & Charges 128,362 77,457 - 595,236 92,607 71,088 163,695 431,541 28% Interfund Transfers Out - - - - - - - - - Total Expenditures 128,362 77,457 - 595,236 92,607 71,088 163,695 431,541 28% Net Surplus / (Deficit) (37,637) (277) 18 (26,875) (71,726) (142,815) Beginning Cash Balance 64,775 27,154 26,876 Cash Adjustments 16 - - Ending Cash Balance 27,154 26,876 1 (22,722) Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established to track the receipt and subsequent expenditure of grants from the State of Indiana. This fund receives grant monies and revenue from interest earned on the fund's cash balance. Past expenditures include demolition of vacant and abandoned houses/lots, equipment for the Ignition Park/ND Turbo project, and debt service payments to the Indiana Development Finance Authority for a loan for the Indiana Brownfields Program with final payment in 2021. Current expenses are related to the State Lead Grant program. Cash Reserves Target No reserve requirement - Grant fund - spend down to zero 123 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Dept of Community Investment Operating Fund Number 211 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Grants 10,650 9,200 5,000 5,000 - - 5,000 0% Charges for Services 861,309 1,453,279 1,049,655 1,066,156 99,824 99,824 966,332 9% Fines, Forfeitures, and Fees 46,076 57,904 58,450 58,450 17,085 17,085 41,365 29% Interest Earnings 8,876 6,023 10,000 10,000 311 311 9,689 3% Other Income 2,598 573 - - 970 970 (970) - Interfund Allocation Reimb 174,531 145,765 181,981 181,981 60,660 60,660 121,321 33% Interfund Transfers In 2,268,899 500,000 4,179,829 4,043,829 720,000 720,000 3,323,829 18% Total Revenue 3,372,939 2,172,743 5,484,915 5,365,416 898,851 898,851 4,466,566 17% Expenditures by Type Personnel Salaries & Wages 1,529,047 1,779,295 2,743,056 2,743,056 680,472 - 680,472 2,062,584 25% Fringe Benefits 568,983 649,973 1,097,667 1,097,667 251,851 - 251,851 845,816 23% Total Personnel 2,098,029 2,429,268 3,840,723 3,840,723 932,322 - 932,322 2,908,400 24% Supplies 13,503 20,424 45,870 49,922 10,113 1,431 11,544 38,378 23% Services & Charges Professional Services 224,609 196,969 809,200 1,071,194 68,552 291,219 359,771 711,423 34% Printing & Advertising 7,560 4,758 23,675 23,675 1,498 - 1,498 22,177 6% Education & Training 4,576 14,288 30,500 39,080 367 8,683 9,050 30,030 23% Travel 4,502 268 33,762 33,762 - - - 33,762 0% Repairs & Maintenance 12,447 2,822 3,100 3,100 130 - 130 2,970 4% Other Services & Charges 11,746 24,660 32,225 32,225 3,833 - 3,833 28,392 12% Total Services & Charges 265,440 243,765 932,462 1,203,036 74,381 299,902 374,283 828,754 31% Operating Expenditures 2,376,973 2,693,456 4,819,055 5,093,681 1,016,816 301,333 1,318,149 3,775,532 26% Bad Debt 26 - - - - - - - - Interfund Interfund Allocations 357,941 652,726 665,860 665,860 221,953 - 221,953 443,907 33% Interfund Transfers Out 35,000 50,000 - - - - - - - Total Interfund 392,941 702,726 665,860 665,860 221,953 - 221,953 443,907 33% Total Expenditures 2,769,940 3,396,182 5,484,915 5,759,541 1,238,769 301,333 1,540,102 4,219,439 27% Net Surplus / (Deficit) 603,000 (1,223,439) - (394,125) (339,918) (641,251) Beginning Cash Balance 1,012,307 1,629,498 394,125 Cash Adjustments 14,191 (11,934) - Ending Cash Balance 1,629,498 394,125 - 60,546 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 10060-10) to account for the activities of the Department of Community Investment (DCI). DCI's mission is to spur investment in a stronger South Bend by attracting & retaining growing businesses, connecting residents to economic opportunities, and planning for vibrant neighborhoods. This fund is mainly supported by interfund transfers from the Local Income Tax Economic Development Fund (#408). Therefore, there is no cash reserve requirement in this fund as it is supported by interfund transfers and does not need to carry a cash balance. This fund also receives revenue from federal grants and staff contracts. Starting in 2020, the wages and benefits for two Zoning staff are allocated back to the Building Department (Fund #600). This revenue is represented as an interfund allocation reimbursement transferred from Fund #600. In 2021, two new positions were added to the Business Development team to support the newly awarded Revolving Loan Fund Grant as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). These positions will handle all loan applications and processing through closing. The positions are fully funded by grant revenue. Since 2019 there have been transition efforts to consolidate the Building and Code Enforcement departments, as well as the division of Sustainability, into DCI. In 2022, those consolidation efforts will be finalized and result in a reorganization of staff and reporting structures. In addition, several new or expanded initiatives will be added to DCI to facilitate the goals of the American Rescue Plan. Within the new structure there are five teams: (1) Engagement and Economic Empowerment; (2) Growth and Opportunity: formerly Business Development; (3) Neighborhoods: includes South Bend Animal Resource Center, Neighborhood Services & Enforcement (formerly the Department of Code Enforcement), Neighborhood Grants, and Neighborhood Health and Housing; (4) Planning: includes Building, Historic Preservation, Planning, and Zoning; (5) Sustainability. | Note: In 2022, the Sustainability Division will be moved from the General Fund (#101) into this fund as it will now be part of the Department of Community Investment. Cash Reserves Target No reserve requirement 124 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Dept of Community Investment Grants Fund Number 212 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Grants 2,392,383 2,563,504 2,832,655 8,913,870 287,492 287,492 8,626,378 3% Fines, Forfeitures, and Fees 121 500 - - - - - - Other Income 186,664 341,376 119,687 119,687 45,406 45,406 74,281 38% Total Revenue 2,579,168 2,905,379 2,952,342 9,033,557 332,898 332,898 8,700,659 4% Expenditures by Type Services & Charges Professional Services 40,488 10,343 - 249,170 5,665 125,155 130,820 118,350 53% Grants & Subsidies 2,529,492 2,801,228 2,832,655 9,194,205 584,000 3,912,493 4,496,494 4,697,711 49% Total Services & Charges 2,569,980 2,811,571 2,832,655 9,443,375 589,665 4,037,648 4,627,314 4,816,061 49% Total Expenditures 2,569,980 2,811,571 2,832,655 9,443,375 589,665 4,037,648 4,627,314 4,816,061 49% Net Surplus / (Deficit) 9,188 93,809 119,687 (409,818) (256,768) (4,294,416) Beginning Cash Balance 305,248 313,907 409,818 Cash Adjustments (528) 2,102 - Ending Cash Balance 313,907 409,818 - 282,834 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources, Expenditures, and Significant Changes/Variances: Special allocations of CDBG and ESG awarded under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) are separate from regular allocations and are accounted for in the COVID-19 Response Fund (#264). This fund accounts for the receipt and subsequent expenditure of grants received from the U.S. Department of Housing and Urban Development related to community improvement projects. This fund accounts for various grants including: Community Development Block Grant (CDBG) - 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 (ESG) - 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 (NSP) - 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. HUD provides money to local governments (cities and counties), nonprofits, and all 50 states. Generally, the money must be used to buy, fix up, and resell foreclosed and abandoned homes. 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. Activities may not qualify under NSP using the "prevent or eliminate slums and blight" or "address urgent community development needs" objectives. Cash Reserves Target No reserve requirement - Grant fund - spend down to zero 125 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Unsafe Building Fund Number 219 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Fines, Forfeitures, and Fees 51,581 34,066 62,900 62,900 5,481 5,481 57,419 9% Interest Earnings 7,420 4,812 7,971 7,971 1,018 1,018 6,954 13% Other Income 18 - - - 366 366 (366) - Total Revenue 59,018 38,879 70,871 70,871 6,865 6,865 64,007 10% Expenditures by Type Supplies 5,458 - - - - - - - - Services & Charges Professional Services 27,070 25,970 23,000 23,000 5,650 14,350 20,000 3,000 87% Other Services & Charges 109,058 81,316 - - - - - - - Total Services & Charges 136,128 107,286 23,000 23,000 5,650 14,350 20,000 3,000 87% Operating Expenditures 141,586 107,286 23,000 23,000 5,650 14,350 20,000 3,000 87% Bad Debt 165 - - - - - - - - Total Expenditures 141,751 107,286 23,000 23,000 5,650 14,350 20,000 3,000 87% Net Surplus / (Deficit) (82,733) (68,407) 47,871 47,871 1,215 (13,135) Beginning Cash Balance 923,154 832,938 764,981 Cash Adjustments (7,482) 450 - Ending Cash Balance 832,938 764,981 812,852 767,836 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Cash Reserves Target No reserve requirement The Unsafe Building Fund was established in 2016 (ordinance 10416-16) to receive fines and fees related to Indiana's Unsafe Building law (IC 36-7-9). 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 Neighborhoods Division 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. Note: In 2021, the Department of Code Enforcement was brought under the Department of Community Investment (DCI) and was renamed the Neighborhoods Division. The Unsafe Building Fund is managed by the Neighborhoods Division which facilitates code enforcement activities. This fund receives revenue from fines and fees relating to Unsafe Building laws including the following sources: vacant and abandoned registrations, board-ups, demolitions, forfeited performance bonds, special assessments, and civil penalties. Budgeted expenditures includes emergency demolitions and expenses associated with monitoring unsafe building concerns. 126 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Rental Units Regulation Fund Number 221 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Fines, Forfeitures, and Fees 107,800 6,880 100,000 100,000 2,600 2,600 97,400 3% Interest Earnings 573 728 200 200 107 107 93 54% Interfund Transfers In 245,626 50,000 303,923 303,923 50,000 50,000 253,923 16% Total Revenue 353,999 57,608 404,123 404,123 52,707 52,707 351,416 13% Expenditures by Type Personnel Salaries & Wages 119,900 106,421 236,047 236,047 25,829 - 25,829 210,218 11% Fringe Benefits 59,277 52,625 114,076 114,076 11,959 - 11,959 102,117 10% Total Personnel 179,177 159,046 350,123 350,123 37,787 - 37,787 312,335 11% Supplies 332 236 - - - - - - - Services & Charges Professional Services 1,505 - 54,000 100,671 985 99,686 100,671 - 100% Other Services & Charges 1,748 - - - - - - - - Total Services & Charges 3,254 - 54,000 100,671 985 99,686 100,671 - 100% Total Expenditures 182,762 159,283 404,123 450,794 38,772 99,686 138,458 312,335 31% Net Surplus / (Deficit) 171,237 (101,674) - (46,671) 13,935 (85,751) Beginning Cash Balance 17,823 189,090 87,416 Cash Adjustments 31 - - Ending Cash Balance 189,090 87,416 40,745 101,101 Cash Reserves Target - - - Fund Purpose: RSVP Program: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: This fund accounts for the revenues and expenditures related to the Landlord Registration ordinance (10427-16) and the Rental Safety Verification Program (RSVP) ordinance (10644- 19). Both of these programs are managed by the Neighborhoods Division of the Department of Community Investment (DCI). Revenue generation for the Rental Safety Verification Program (RSVP) is derived from follow up re-inspection fees and assessments for noncompliance. First and second inspections will have no charges; however, if not compliant after the second inspection, there will be charges requiring follow up inspections to validate compliance. Because this program is new, revenue could vary greatly from current estimates. A transfer from the Local Income Tax Economic Development Fund (#408) will make up the difference. Prior to the Rental Safety Verification Program (RSVP), proceeds from the landlord registration ($5 registration fee per year) were intended to fund Neighborhood Code Enforcement's costs of the program. However, previous guidelines for landlord registrations will be integrated into RSVP while working with landlords. This budget accounts for the operating costs of the Rental Safety Verification Program (RSVP) | Personnel - The personnel budget includes the wages and benefits for four (4) full- time Code Inspectors assigned to the program. From 2019 to 2020, two additional Code Inspectors were added to expand the program for a total of four Code Inspectors. | Supplies - The supplies needed for the RSVP program are minimal and will be paid out of the Code Enforcement Fund (#230) starting in 2022 since many of the supplies are shared within the Neighborhoods Division. | Services - $54,000 is budgeted for a professional services agreement for temporary housing and security deposits to move tenants if their unit is condemned and the owner doesn't have another unit for the tenant. Cash Reserves Target No reserve requirement The Rental Safety Verification Program (RSVP) requires an occupancy inspection of all real property or rental units that are intended to be occupied or are occupied by anyone other than the owner. This program is designed to ensure all City of South Bend rental units meet the minimum property standards of the International Property Maintenance Code, which are incorporated into Chapter 6-Article 14 of the City's municipal code. Once the rental unit has been inspected with an Inspection Report and approved for occupancy, an Inspection Certificate shall be issued by the Department authorizing the rental unit to be occupied. The purpose of the Inspection Report and Inspection Certificate issued to the owner or the property manager (if applicable) is to verify that the rental unit is safe and habitable for occupancy with respect to: electrical systems, plumbing systems, water and sanitary system, including hot water, heating and ventilation systems, bathroom, toilet facilities, doors, windows, stairways, hallways, functioning smoke detectors, lead hazards, indoor air quality, and the overall structure in which a rental unit is established. Note: In 2021, the Department of Code Enforcement was brought under the Department of Community Investment (DCI) and was renamed the Neighborhoods Division. The Rental Units Regulation Fund is managed by the Neighborhoods Division which facilitates code enforcement activities. 127 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Code Enforcement Fund Number 230 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Licenses & Permits 30,425 43,555 37,000 37,000 9,650 9,650 27,350 26% Charges for Services 43,360 47,624 50,300 50,300 18,455 18,455 31,845 37% Fines, Forfeitures, and Fees 367,113 411,114 342,000 342,000 31,397 31,397 310,603 9% Interest Earnings 2,492 941 - - 176 176 (176) - Debt Proceeds 80,000 235,000 385,000 385,000 - - 385,000 0% Other Income 15,396 2,998 500 500 1,495 1,495 (995) 299% Interfund Allocation Reimb 76,927 34,708 - - - - - - Interfund Transfers In 3,619,593 2,290,000 3,950,930 3,950,930 935,000 935,000 3,015,930 24% Total Revenue 4,235,305 3,065,940 4,765,730 4,765,730 996,173 996,173 3,769,557 21% Expenditures by Subdivisions Neighborhood Services 2,498,995 2,420,819 3,644,322 3,881,606 858,856 240,520 1,099,376 2,782,230 28% Animal Resource Center 934,825 949,115 1,121,408 1,132,829 319,336 9,209 328,546 804,284 29% Total Expenditures 3,433,820 3,369,933 4,765,730 5,014,435 1,178,192 249,729 1,427,921 3,586,514 28% Expenditures by Type Personnel Salaries & Wages 1,415,442 1,410,684 1,463,721 1,463,721 471,715 - 471,715 992,006 32% Fringe Benefits 588,698 575,669 677,513 677,513 193,533 - 193,533 483,980 29% Total Personnel 2,004,140 1,986,353 2,141,234 2,141,234 665,248 - 665,248 1,475,986 31% Supplies 113,969 110,837 153,450 165,115 53,195 6,821 60,016 105,099 36% Services & Charges Professional Services 40,574 67,185 102,300 102,800 32,522 6,109 38,632 64,168 38% Printing & Advertising 10,559 11,260 22,201 23,741 7,980 170 8,150 15,591 34% Utilities 31,984 32,310 41,389 41,389 12,807 - 12,807 28,582 31% Repairs & Maintenance 239,861 137,334 404,900 404,900 51,232 - 51,232 353,668 13% Education & Training 2,933 4,013 18,900 18,900 1,446 - 1,446 17,454 8% Travel 3,826 777 16,800 16,800 - - - 16,800 0% Other Services & Charges 119,803 112,003 495,160 495,160 39,254 1,629 40,883 454,277 8% Debt Service Principal 47,510 90,535 203,054 203,054 56,658 - 56,658 146,396 28% Debt Service Interest & Fees 2,954 4,350 13,726 13,726 1,978 - 1,978 11,748 14% Total Services & Charges 500,003 459,767 1,318,430 1,320,470 203,877 7,908 211,785 1,108,684 16% Operating Expenditures 2,618,112 2,556,956 3,613,114 3,626,819 922,320 14,729 937,049 2,689,769 26% Capital - 49,478 385,000 620,000 - 235,000 235,000 385,000 38% Bad Debt 861 15 - - - - - - - Interfund Allocations 814,847 763,484 767,616 767,616 255,872 - 255,872 511,744 33% Total Expenditures 3,433,820 3,369,933 4,765,730 5,014,435 1,178,192 249,729 1,427,921 3,586,513 28% Net Surplus / (Deficit) 801,485 (303,993) - (248,705) (182,019) (431,748) Beginning Cash Balance - 803,572 497,492 Cash Adjustments 2,088 (2,088) - Ending Cash Balance 803,572 497,492 248,787 340,031 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: This fund accounts for the administrative costs for the Neighborhoods Division along with operational costs such as repair & maintenance of Code Inspector trucks and vehicles used by the NEAT Crew, and the operational costs of running the Animal Resource Center (SBARC). | Personnel - The personnel budget includes the wages and benefits for twenty (20) full-time Neighborhood Services employees and nine (9) full-time Animal Resource Center employees, along with a budget for part-time and seasonal/intern wages. | Supplies - Includes uniforms, small tools & equipment for inspectors, fuel for inspectors' vehicles, medical/safety supplies, and operating supplies for SBARC such as animal feed and cleaning supplies. | Services - Professional services include environmental testing, Code Hearing Officer, collection costs, and veterinary services for SBARC. Repair & maintenance includes vehicle R&M for inspectors' vehicles, building R&M for SBARC, and a $225k agreement with the Park Maintenance Division for mowing of properties cited for grass and weeds. Other services & charges includes $400k for landfill dumping fees for illegal dumps and neighborhood cleanups. Includes four (4) tire disposal amnesty days for neighborhood dumpster and disposal fees ($90k), and trash/litter campaign monthly per six (6) Council districts cleanup ($200k). | Debt Service - The principal and interest expense budgeted is for capital lease payments for vehicles. This fund was established in 2020 to account for the activity of the Neighborhoods Division of the Department of Community Investment (DCI). Operating under the Neighborhoods Division is Neighborhood Code Enforcement (NCE), the South Bend Animal Resource Center (SBARC), and Neighborhood Enforcement Action Team (NEAT). NCE upholds and enforces the ordinances of the City of South Bend, the Indiana Unsafe Building Law, and the 2000 International Property Maintenance Code. SBARC runs the animal resource center (aka animal shelter) and enforces animal welfare laws regarding animal cruelty and neglect per City, State, and Federal regulations. NEAT works in tandem with NCE to provide services for environmental clean-ups to homeowners and/or businesses. 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. Note: In 2021, the Department of Code Enforcement was brought under the Department of Community Investment (DCI) and was renamed the Neighborhoods Division. Neighborhood Code Enforcement collects revenues from fees for environmental clean-ups, processing abandoned vehicles, and ordinance violations. The South Bend Animal Resource Center (SBARC) collects revenues from fees for animal shelter activities such as adoption fees, pet licenses, pet microchipping, and animal surrender fee. SBARC also collects fines it assesses for animal welfare ordinance violations. These revenues do not cover the expenditures of these activities. The difference is covered by an interfund transfer from the Local Income Tax Economic Development Fund (#408). Cash Reserves Target No reserve requirement 128 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Urban Development Action Grant Fund Number 410 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 361 172 265 265 35 35 230 13% Other Income 18,442 18,278 21,996 21,996 55,010 55,010 (33,014) 250% Total Revenue 18,803 18,449 22,261 22,261 55,045 55,045 (32,784) 247% Expenditures by Type Services & Charges Debt Service Principal 40,000 24,000 24,000 24,000 12,000 - 12,000 12,000 50% Total Expenditures 40,000 24,000 24,000 24,000 12,000 - 12,000 12,000 50% Net Surplus / (Deficit) (21,197) (5,551) (1,739) (1,739) 43,045 43,045 Beginning Cash Balance 53,838 32,733 27,182 Cash Adjustments 92 - - Ending Cash Balance 32,733 27,182 25,443 24,033 Cash Reserves Target - - - 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. 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. Currently, this fund is used for the repayment of an interfund loan from the Local Income Tax-Certified Shares 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 Fund #404 and potentially close this fund rather than following current amortization schedule which goes out to 2046. Payments in future years will be made as BDC loan collections are received. The BDC loan collections have been remitted at rates less than the current amortization schedule depicts due to poor portfolio performance and as such may require an amendment to the debt schedule. Cash Reserves Target No reserve requirement - Grant fund - spend down to zero 129 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Consolidated Building Fund Number 600 Fund Type Enterprise Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Licenses & Permits 1,304,739 1,515,351 1,585,100 1,585,100 458,728 458,728 1,126,372 29% Fines, Forfeitures, and Fees 1,140 2,516 2,000 2,000 2,862 2,862 (862) 143% Interest Earnings 17,782 12,194 16,284 16,284 2,705 2,705 13,579 17% Other Income 422 1,044 - - 1,027 1,027 (1,027) - Total Revenue 1,324,083 1,531,105 1,603,384 1,603,384 465,322 465,322 1,138,062 29% Expenditures by Type Personnel Salaries & Wages 763,648 739,269 870,751 870,751 263,550 - 263,550 607,201 30% Fringe Benefits 305,840 319,458 392,308 392,308 121,927 630 122,557 269,751 31% Total Personnel 1,069,488 1,058,727 1,263,059 1,263,059 385,477 630 386,107 876,952 31% Supplies 14,538 15,666 19,861 19,914 7,927 172 8,099 11,815 41% Services & Charges Professional Services 2,411 - 8,000 8,000 - - - 8,000 0% Printing & Advertising 336 716 4,200 4,200 161 - 161 4,039 4% Education & Training 2,429 219 6,000 6,000 550 - 550 5,450 9% Travel - - 6,000 6,000 - - - 6,000 0% Repairs & Maintenance 14,257 28,086 15,000 15,000 13,539 - 13,539 1,461 90% Other Services & Charges 9,408 18,348 34,310 34,310 13,374 - 13,374 20,936 39% Debt Service Principal 41,198 43,020 23,594 23,594 7,188 - 7,188 16,406 30% Debt Service Interest & Fees 2,184 1,316 567 567 150 - 150 417 26% Total Services & Charges 72,223 91,705 97,671 97,671 34,962 - 34,962 62,709 36% Operating Expenditures 1,156,248 1,166,098 1,380,591 1,380,644 428,366 802 429,168 951,476 31% Capital - 49,478 - - - - - - - Bad Debt 1,631 100 1,000 1,000 - - - 1,000 0% Interfund Allocations 328,799 339,938 665,210 665,210 221,737 - 221,737 443,473 33% Total Expenditures 1,486,678 1,555,614 2,046,801 2,046,854 650,103 802 650,905 1,395,949 32% Net Surplus / (Deficit)(162,595) (24,509) (443,417) (443,470) (184,781) (185,583) Beginning Cash Balance 2,285,733 2,127,056 2,102,372 Cash Adjustments 3,918 (175) - Ending Cash Balance 2,127,056 2,102,372 1,658,902 1,917,752 Cash Reserves Target 371,670 388,904 511,713 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Cash Reserves Target 25% of Annual expenditures This fund was established (ordinance 8412-93) to receive monies and fees to pay expenses related to the operation of the St Joseph County/South Bend Building Department. The fund is operated in accordance with the interlocal agreement between St Joseph County and the City of South Bend executed December 31, 1991 as amended. | 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. | Note: From 2019 through 2021, the Building Department has transitioned to a team within the Department of Community Investment (DCI). In 2022, that transition is complete and Building is now part of the DCI Planning team. Revenue for the Building Department is primarily generated through issuing permits for construction, demolition, or occupancy. In addition, contractor registrations and licenses are also issued and monitored. Prior to the COVID-19 pandemic, revenue was anticipated to increase based on trends. Due to the unknown nature of economic impacts of COVID-19, permit revenue is budgeted at 2021 anticipated actual levels. This fund accounts for the operational costs of running the Building Department. | Personnel - The personnel budget includes the wages and benefits for sixteen (16) full-time employees. | Supplies - Includes fuel for inspectors' vehicles and office supplies. | Services - Repair & maintenance includes vehicle R&M for inspectors' vehicles. | Debt Service - The principal and interest expense budgeted is for capital lease payments for vehicles. | Capital - Forecasted to purchase one new vehicle per year starting in 2023 in order to replace aging fleet. | Interfund Allocations - In 2022, it is anticipated that a new permitting system will be sourced and implemented, resulting in a planned spend down of cash reserves. The implementation and software costs for the new permitting system are budgeted in the IT Department's budget (Fund #279) and allocated back to this fund through the IT interfund allocation. 130 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Industrial Revolving Fund Fund Number 754 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Grants - 2,658,410 - - 3,164,805 3,164,805 (3,164,805) - Interest Earnings - 380 2,000 2,000 97 97 1,903 5% Other Income 266,643 300,472 172,000 172,000 130,745 130,745 41,255 76% Total Revenue 266,643 2,959,263 174,000 174,000 3,295,646 3,295,646 (3,121,647) 1894% Expenditures by Type Services & Charges Professional Services 88,742 291,043 455,982 589,021 80,163 6,051 86,214 502,807 15% Other Services & Charges 15,285 14,830 26,298 39,688 4,555 - 4,555 35,134 11% Grants & Subsidies - 2,700,000 - 4,290,000 2,827,400 - 2,827,400 1,462,600 66% Total Services & Charges 104,026 3,005,872 482,280 4,918,709 2,912,118 6,051 2,918,169 2,000,541 59% Bad Debt - 184,827 - - - - - - - Total Expenditures 104,026 3,190,699 482,280 4,918,709 2,912,118 6,051 2,918,169 2,000,541 59% Net Surplus / (Deficit) 162,616 (231,436) (308,280) (4,744,709) 383,529 377,478 Beginning Cash Balance 2,078,333 2,406,914 3,700,843 Cash Adjustments 165,965 1,525,365 - Ending Cash Balance 2,406,914 3,700,843 (1,043,867) 4,178,012 Cash Reserves Target - - - Fund Purpose: 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. 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. 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. In 2021and 2022, revenue will be received from the new Revolving Loan Fund (RLF II) reimbursements as grant funds are administered and spent. In 2020, the City was awarded a $6.9 million Revolving Loan Fund (RLF II) grant as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). This grant will run through July 2022. Expenditures are for legal services and administrative & program fees. Starting in 2021, expenditures related to the new Revolving Loan Fund (RLF II), which was awarded in 2020 by the Economic Development Administration (EDA) as part of the CARES Act, will include staff expenses, marketing, loan processing and various professional and miscellaneous expenses to administer the grant. All expenses are anticipated to be reimbursed by the grant. Cash Reserves Target No City reserve requirement; there are program requirements 131 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name 2015 Smart Streets Bond Debt Service Fund Number 756 Fund Type Debt Service Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 869 91 1,000 1,000 31 31 969 3% Interfund Transfers In 1,716,000 1,716,000 1,715,000 1,715,000 858,000 858,000 857,000 50% Total Revenue 1,716,869 1,716,091 1,716,000 1,716,000 858,031 858,031 857,969 50% Expenditures by Type Services & Charges Debt Service Principal 1,000,000 1,030,000 1,060,000 1,060,000 525,000 - 525,000 535,000 50% Debt Service Interest & Fees 712,694 682,469 651,694 651,694 330,434 - 330,434 321,260 51% Total Expenditures 1,712,694 1,712,469 1,711,694 1,711,694 855,434 - 855,434 856,260 50% Net Surplus / (Deficit) 4,175 3,623 4,306 4,306 2,597 2,597 Beginning Cash Balance 1,734,901 1,739,076 1,742,699 Cash Adjustments - - - Ending Cash Balance 1,739,076 1,742,699 1,747,005 1,745,295 Cash Reserves Target 1,739,076 1,742,699 1,747,005 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the bi-annual principal and interest payments to bondholders for the 2015 Smart Streets Bond. It also accounts for the related debt service reserve cash balance held at trustee bank. The bonds were closed on April 9, 2015 and the par amount was $25 million. This fund accounts for the trustee bank's receipt of debt service payments from the City, recorded as interfund transfers from the River West TIF Fund (#324). This fund also receives revenue from interest earned on the cash balance at the trustee bank. The River West TIF Fund (#324) transfers money into this fund semi-annually to cover debt service payments. The bonds are to be repaid over 21 years, with the final payment 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 were tracked in the Smart Streets Bond Capital Fund (#753). The capital proceeds were fully expended in 2019. Cash Reserves Target 100% cash reserves per bond covenants 132 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name 2017 Eddy Street Commons Bond Capital Fund Number 759 Fund Type Capital Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 306,537 1 - - - - - - Total Revenue 306,537 1 - - - - - - Expenditures by Type Capital 3,328,966 - - - - - - - - Total Expenditures 3,328,966 - - - - - - - - Net Surplus / (Deficit)(3,022,429) 1 - - - - Beginning Cash Balance 3,048,190 25,762 25,763 Cash Adjustments - - - Ending Cash Balance 25,762 25,763 25,763 25,763 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the expenditures of the bond proceeds from the 2017 Eddy Street Commons Phase II Bond. The funds will be spent on Phase II of the Eddy Street Commons, a mixed-use development area just south of the University of Notre Dame. Initial revenues were bond proceeds from the $25 million Eddy Street Commons Bond issued in 2017 (closing date 8/14/17, debt schedule #163). Currently, this fund only receives revenue from interest earned on the cash balance at the trustee bank. Cash Reserves Target No reserve requirement - Bond capital fund - spend down to zero In July 2007, the South Bend Common Council unanimously approved the rezoning of 25 acres of vacant land south of Notre Dame for the nearly $200 million Eddy Street Commons project. Phase I - As part of the Phase I development deal, Kite Realty Group agreed to invest $161.9 million while South Bend city officials agreed to invest $36.7 million to help with, among other costs, a parking garage and street and utility upgrades. Phase I included retail/restaurant/office space, apartment units, condo units, townhomes, a 1,276-vehicle multi-level parking garage, a Fairfield Inn & Suites and an Embassy Suites. 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. A stand-alone grocery store is proposed for the southwest corner of Howard and Indiana 23, where the Robinson Center now sits. The Robinson Center, an off-campus educational initiative of the University, will move to a new one-story, 13,000-square-foot building across the street. Phase II is a joint effort between the university and Kite Realty. 133 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name 2017 Eddy Street Commons Bond Debt Service Fund Number 760 Fund Type Debt Service Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 1,623 184 1,750 1,750 63 63 1,687 4% Interfund Transfers In 1,390,625 1,915,979 1,926,375 1,926,375 962,625 962,625 963,750 50% Total Revenue 1,392,248 1,916,164 1,928,125 1,928,125 962,688 962,688 965,437 50% Expenditures by Type Services & Charges Debt Service Principal 145,000 475,000 720,000 720,000 355,000 - 355,000 365,000 49% Debt Service Interest & Fees 1,245,625 1,235,875 1,206,375 1,206,375 607,625 - 607,625 598,750 50% Total Expenditures 1,390,625 1,710,875 1,926,375 1,926,375 962,625 - 962,625 963,750 50% Net Surplus / (Deficit)1,623 205,289 1,750 1,750 63 63 Beginning Cash Balance 3,461,700 3,463,323 3,668,611 Cash Adjustments - - - Ending Cash Balance 3,463,323 3,668,611 3,670,361 3,668,674 Cash Reserves Target 2,500,000 2,500,000 2,500,000 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the semi-annual payment of debt service principal and interest to the bondholders of the 2017 Eddy Street Commons Phase II Bonds. 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. In December 2018, an additional $945,000 was added to the debt service reserve. In March 2021, an additional $205,104 was added to the debt service reserve. This fund accounts for the trustee bank's receipt of debt service payments from the City, recorded as interfund transfers from the North East Residential Area TIF Fund (#436). This fund also receives revenue from interest earned on the cash balance at the trustee bank. The principal and interest payments are set forth in the 20-year debt amortization schedule with the first payment made on February 15, 2018 and the final payment due 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 Capital Fund (#759). Cash Reserves Target $2,500,000 minimum 134 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Central Services Fund Number 222 Fund Type Internal Service Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Licenses & Permits 2,511 2,711 2,300 2,300 1,261 1,261 1,039 55% Charges for Services 6,882,174 7,279,944 8,636,001 8,636,001 2,960,336 2,960,336 5,675,665 34% Interest Earnings 10,210 6,268 11,090 11,090 924 924 10,166 8% Other Income 84,210 78,626 69,000 69,000 12,143 12,143 56,857 18% Interfund Allocation Reimb 122,143 129,585 160,000 160,000 53,333 53,333 106,667 33% Total Revenue 7,101,248 7,497,135 8,878,391 8,878,391 3,027,998 3,027,998 5,850,394 34% Expenditures by Division Equipment Services 6,717,971 7,695,353 7,943,058 7,945,303 3,149,492 5,424 3,154,915 4,790,387 40% Print Shop 13,844 2,504 - - - - - - - Radio Shop 229,304 207,641 283,073 283,073 64,619 284 64,903 218,170 23% Building Maintenance 180,749 188,820 221,091 221,091 37,302 - 37,302 183,789 17% Facilities Management 101,697 144,897 181,838 181,838 34,928 - 34,928 146,910 19% Capital - - 190,000 242,425 29,006 23,419 52,425 190,000 22% Total Expenditures 7,243,566 8,239,216 8,819,060 8,873,729 3,315,346 29,127 3,344,473 5,529,256 38% Expenditures by Type Personnel Salaries & Wages 1,795,351 1,772,151 2,125,646 2,125,646 613,349 - 613,349 1,512,297 29% Fringe Benefits 780,402 758,851 982,988 982,988 268,002 - 268,002 714,986 27% Total Personnel 2,575,754 2,531,003 3,108,634 3,108,634 881,351 - 881,351 2,227,283 28% Supplies 3,998,093 4,782,010 4,594,490 4,595,876 2,088,890 1,732 2,090,622 2,505,253 45% Services & Charges Professional Services 7,777 12,174 38,825 38,825 - - - 38,825 0% Printing & Advertising 863 42 4,650 4,650 - - - 4,650 0% Utilities 53,701 61,782 64,468 64,468 34,123 - 34,123 30,345 53% Repairs & Maintenance 54,985 62,344 148,575 198,759 47,401 24,395 71,796 126,963 36% Education & Training 9,389 8,696 12,050 12,150 1,819 - 1,819 10,331 15% Travel - 51 1,850 1,850 - - - 1,850 0% Other Services & Charges 13,132 12,504 16,850 16,850 5,124 - 5,124 11,726 30% Debt Service Principal 15,596 2,483 8,069 8,069 4,012 - 4,012 4,057 50% Debt Service Interest & Fees 463 22 423 423 234 - 234 189 55% Total Services & Charges 155,905 160,096 295,760 346,044 92,713 24,395 117,108 228,936 34% Operating Expenditures 6,729,752 7,473,109 7,998,884 8,050,553 3,062,954 26,127 3,089,081 4,961,472 38% Capital - - 63,000 66,000 - 3,000 3,000 63,000 5% Interfund Interfund Allocations 306,521 683,462 757,176 757,176 252,392 - 252,392 504,784 33% Interfund Transfers Out 207,293 82,645 - - - - - - - Total Interfund 513,814 766,107 757,176 757,176 252,392 - 252,392 504,784 33% Total Expenditures 7,243,566 8,239,216 8,819,060 8,873,729 3,315,346 29,127 3,344,473 5,529,256 38% Net Surplus / (Deficit) (142,319) (742,081) 59,331 4,662 (287,349) (316,476) Beginning Cash Balance 1,455,158 1,209,079 658,666 Cash Adjustments (103,760) 191,668 - Ending Cash Balance 1,209,079 658,666 663,327 627,668 Cash Reserves Target 724,357 823,922 887,373 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: Operational expenditures include those incurred in operating the wastewater treatment plant, maintaining the City's sewer system, and operating the Organic Resources facility which processes leaves, brush, wood and other yard waste. | Personnel - The personnel budget includes the wages and benefits for 38 full-time employees, and $26k for part-time and seasonal wages. | Supplies - Includes the costs of inventory parts that are used for the repair and maintenance of vehicles and equipment for City departments and external customers. Inventory also includes gasoline purchased for use by City departments, which is then charged back to the departments based on usage. General supplies for Central Services includes cleaning supplies, small tools & equipment, building maintenance supplies, uniforms, safety supplies, and office supplies. | Services - The repair & maintenance budget includes the cost of R&M for equipment, such as fuel pumps, and general building maintenance for the Central Services' garages. The utilities budget includes the costs of electric, natural gas, and water for the garages.| Debt Service - The principal and interest expense budgeted is for capital lease payments for a forklift purchased in 2019, be fully paid off in 2024. | Capital - Prior to 2022, Central Services' capital expenditures were tracked in the Central Services Capital Fund (#224). However, the capital fund did not have any source of revenue other than the interfund transfers it received from this fund. Therefore, Central Services' capital expenditures will be accounted for in this fund starting in 2022. This fund was established to track the operating costs of the Central Services Division. The Division provides a variety of services to other city departments, along with several local county, state and federal agencies. Central Services consists of 4 cost centers: Equipment Services, Building Maintenance, Radio Shop, and Facilities Management. The Department of Administration & Finance oversees the Central Services Division. Equipment Services and Radio Shop provide repair and maintenance services for the City's fleet and some external customers (governmental units such as St Joseph County and local township fire departments). Parts and labor for each work order are charged back to City departments or billed to the external customers. | Building Maintenance provides repair and maintenance services to the City's facilities. This cost center is partially funded through internal labor rates. | Equipment Services also 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. | Facilities Management is funded by an interfund allocation. | This fund also receives revenue from interest earned on the fund's cash balance. Cash Reserves Target 10% of Annual expenditures 135 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Central Services Capital Fund Number 224 Fund Type Internal Service Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 50 40 - - - - - - Other Income 7,268 1,472 - - - - - - Interfund Transfers In 207,293 82,645 - - - - - - Total Revenue 214,611 84,157 - - - - - - Expenditures by Type Supplies 5,501 - - - - - - - - Services & Charges Repairs & Maintenance 15,267 17,143 - - - - - - - Debt Service Principal - 7,888 - - - - - - - Debt Service Interest & Fees - 603 - - - - - - - Total Services & Charges 15,267 25,634 - - - - - - - Capital 189,582 84,745 - - - - - - - Total Expenditures 210,349 110,378 - - - - - - - Net Surplus / (Deficit)4,262 (26,221) - - - - Beginning Cash Balance 21,921 26,221 - Cash Adjustments 38 - - Ending Cash Balance 26,221 - - - Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 10339-14) to account for the capital expenditures of the Central Services Division. This fund received transfers from the Central Services Operating Fund (#222) to cover expenditures as needed. Historically, this fund accounted for the annual maintenance of the CNG stations and radio tower inspections and the debt service principal and interest budget is for the capital lease payments. However, this fund did not have any source of revenue other than the interfund transfers. Therefore, Central Services' capital expenditures will be accounted for in the Central Services Operating Fund (#222) starting in 2022 and this fund will be discontinued. Cash Reserves Target No reserve requirement - Capital fund - spend down to zero 136 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Liability Insurance Fund Number 226 Fund Type Internal Service Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 54,492 36,491 31,847 31,847 8,300 8,300 23,547 26% Other Income 1,626,433 84,555 2,000 2,000 2,889 2,889 (889) 144% Interfund Allocation Reimb 2,914,500 3,265,000 3,365,000 3,365,000 1,121,667 1,121,667 2,243,333 33% Interfund Transfers In 49,087 - - - - - - - Total Revenue 4,644,513 3,386,046 3,398,847 3,398,847 1,132,855 1,132,855 2,265,991 33% Expenditures by Division Safety/Risk Management 151,479 30,947 - - - - - - - Liability Insurance 761,414 1,188,510 1,230,000 1,230,000 63,591 183,951 247,542 982,458 20% Business Insurance 622,434 452,651 1,865,000 3,001,754 93,242 425,537 518,779 2,482,975 17% Workers' Compensation 1,211,428 1,531,310 1,268,000 1,268,000 393,386 24,500 417,886 850,114 33% Catastrophic Events 910,806 24,884 - 103,324 479 12,845 13,324 90,000 13% Total Expenditures 3,657,562 3,228,301 4,363,000 5,603,078 550,698 646,832 1,197,530 4,405,547 21% Expenditures by Type Personnel Salaries & Wages 116,402 - - - - - - - - Fringe Benefits 46,090 - - - - - - - - Other Personnel Costs 17,308 14,052 42,000 42,000 11,700 - 11,700 30,301 28% Total Personnel 179,800 14,052 42,000 42,000 11,700 - 11,700 30,301 28% Supplies 1,988 2,187 - - - - - - - Services & Charges Professional Services 420,313 334,849 1,001,000 1,237,754 65,193 450,037 515,230 722,524 42% Education & Training 6,285 2,000 - - - - - - - Travel 356 - - - - - - - - Repairs & Maintenance 2,119 4,286 - 900,000 - - - 900,000 0% Insurance 1,840,034 2,432,482 2,170,000 2,170,000 420,180 50,548 470,728 1,699,272 22% Other Services & Charges 218,415 391,938 1,150,000 1,150,000 53,146 133,403 186,548 963,452 16% Total Services & Charges 2,487,522 3,165,555 4,321,000 5,457,754 538,519 633,988 1,172,507 4,285,248 21% Capital 910,806 24,884 - 103,324 479 12,845 13,324 90,000 13% Interfund Interfund Allocations 77,446 21,624 - - - - - - - Total Interfund 77,446 21,624 - - - - - - - Total Expenditures 3,657,562 3,228,301 4,363,000 5,603,078 550,698 646,832 1,197,530 4,405,549 21% Net Surplus / (Deficit) 986,951 157,746 (964,153) (2,204,231) 582,158 (64,675) Beginning Cash Balance 4,961,426 5,956,858 6,100,867 Cash Adjustments 8,481 (13,737) - Ending Cash Balance 5,956,858 6,100,867 3,896,636 6,721,405 Cash Reserves Target 1,828,781 1,614,150 2,801,539 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: 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 identified. There is also a considerable amount of proactive training which happens throughout the City in an effort to stop any workplace injuries. Capital expenditures in 2019 and 2020 were for repairs to City facilities and replacement of equipment related to 2018 flood damage. In 2021, all personnel costs previously budgeted in this fund were moved to the General Fund (#101). -- One full-time Paralegal position was transferred to the Legal Department's budget. This position is under the Legal Department but was historically budgeted in this fund because the position focuses on liability and workers' comp related matters. -- In 2020, there were two full-time positions budgeted for the Safety & Risk division. During 2020, one position was eliminated due to attrition. In 2021, the remaining position was transferred to Human Resources. The Safety & Risk division's supplies and services budget will be fully transferred to Human Resources in 2022. This fund was established in 1979 when the Common Council determined that the City should become self-insured for liability insurance (ordinance 6657-79). The purpose of this fund is to set aside monies, assessed on all operations and departments of the City, for the payment of any premium for outside coverage, claims arising from retained risk and all incidental costs associated with any claims including, but not limited to, investigative and legal fees. Currently, this fund handles operations relating to business insurance and claims--property, liability, workers compensation, etc. This fund is managed by the Department of Administration & Finance. This fund receives revenue from a fixed cost interfund allocation charged to other City funds. The amount charged to each fund is determined during the annual budget process. Various methodologies are used to effectively and fairly allocate costs. Liability and worker's compensation costs are allocated based on two-year claims history for each department. Business insurance costs are allocated based on net book value of departments' capital assets (per the City's Annual Comprehensive Financial Report). When this fund has sufficient reserves, allocations to departments may decrease. Reimbursements from insurance claims are also received in this fund. Cash Reserves Target 50% of Annual expenditures 137 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name IT / Innovation / 311 Call Center Fund Number 279 Fund Type Internal Service Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interfund Allocation Reimb 6,656,930 9,129,846 9,620,204 9,620,204 3,206,735 3,206,735 6,413,469 33% Charges for Services 111,796 47,379 - - - - - - Debt Proceeds - 900,928 - 166,345 166,343 166,343 2 100% Other Income 53,757 111,836 64,525 64,525 47,095 47,095 17,430 73% Donations - 15,000 - - 181,987 181,987 (181,987) - Interest Earnings 21,431 14,598 5,000 5,000 4,723 4,723 277 94% Total Revenue 6,843,915 10,219,588 9,689,729 9,856,074 3,606,884 3,606,884 6,249,191 37% Expenditures by Division 311 Call Center 551,515 567,939 683,948 683,955 206,818 7,587 214,405 469,550 31% Innovation & Technology 7,324,325 8,264,034 9,015,101 9,959,289 2,979,841 1,750,633 4,730,475 5,228,814 47% Total Expenditures 7,875,840 8,831,973 9,699,049 10,643,243 3,186,659 1,758,220 4,944,879 5,698,364 46% Expenditures by Type Personnel Salaries & Wages 1,844,342 1,908,602 2,170,830 2,170,830 679,304 - 679,304 1,491,526 31% Fringe Benefits 708,812 704,230 874,276 874,276 248,854 - 248,854 625,422 28% Total Personnel 2,553,154 2,612,832 3,045,106 3,045,106 928,159 - 928,159 2,116,948 30% Supplies 130,511 714,903 193,850 311,271 120,338 262,278 382,616 (71,345) 123% Services & Charges Professional Services 1,058,605 510,586 410,500 1,131,874 110,053 597,441 707,494 424,380 63% Printing & Advertising 1,005 3,277 5,150 5,150 - - - 5,150 0% Repairs & Maintenance 3,021,127 3,646,311 4,635,738 4,737,849 1,680,773 883,424 2,564,197 2,173,652 54% Education & Training 9,162 33,654 57,900 58,188 11,509 785 12,294 45,895 21% Travel 7,385 161 27,110 30,110 3,840 14,292 18,131 11,979 60% Other Services & Charges 422,383 292,472 193,824 193,824 89,953 - 89,953 103,871 46% Debt Service Principal 606,922 966,528 1,063,402 1,062,875 230,943 - 230,943 831,932 22% Debt Service Interest & Fees 59,675 50,358 65,816 66,343 10,875 - 10,875 55,468 16% Total Services & Charges 5,186,263 5,503,347 6,459,440 7,286,213 2,137,945 1,495,942 3,633,887 3,652,327 50% Operating Expenditures 7,869,929 8,831,082 9,698,396 10,642,590 3,186,442 1,758,220 4,944,662 5,697,930 46% Interfund Allocations 5,911 891 653 653 218 - 218 435 33% Total Expenditures 7,875,840 8,831,973 9,699,049 10,643,243 3,186,659 1,758,220 4,944,879 5,698,365 46% Net Surplus / (Deficit) (1,031,925) 1,387,615 (9,320) (787,169) 420,224 (1,337,996) Beginning Cash Balance 3,108,342 2,125,192 3,482,865 Cash Adjustments 48,775 (29,942) - Ending Cash Balance 2,125,192 3,482,865 2,695,696 3,989,884 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: This fund was established to account for the expenditures of the Department of Innovation & Technology, which includes the 311 Call Center, Services, Infrastructure, Business Analytics, Applications, and Civic Innovation. The Department of Innovation & Technology's goal is to empower an innovative workforce and a thriving community through technology, data, and strategic partnerships. The functions within the department include: The 311 Call Center handles resident telephone calls in an efficient and effective manner. It provides residents with a "one-stop" shop to contact city departments with inquiries and service requests. | Services focuses on internal technology-related services for the employees of the City of South Bend. Daily general operations and user experience fall under this division. | Applications oversees architecting, implementing, configuring, integrating, and supporting all software applications and platforms. This includes the employee intranet, the 311 Service Portal, our CRM solution, GIS mapping, and many applications specialized for departments and divisions. | Infrastructure oversees the Network Infrastructure within the City of South Bend, which is comprised of the hardware, software and security resources of an entire network. The infrastructure team plans new deployments, maintains all technology infrastructure inclusive of servers, network devices, wireless network devices, cloud environments, data center, and security; ensuring availability, capacity, and continuity. | Business Analytics acts as liaisons between City departments and the rest of the Dept of Innovation and Technology team and provides additional resources to City departments for selected projects. Business Analytics team members provide services including business needs assessments, process mapping and improvement, performance management, data and technology training, data analytics, and project management. | Civic Innovation works with City and community partners to improve residents’ access to technology and digital literacy. The division connects residents and groups with the technology resources they need to succeed by leveraging connections both internal and external connections. Personnel - The personnel budget in this fund includes the wages and benefits of 24 full-time employees for Information Technology and 8 full-time employees for the 311 Call Center, along with a budget for part-time help at the 311 Call Center. In 2022, two positions will be added: one additional Applications Developer and one additional 311 Customer Service Liaison. See the personnel budget summary for details. | Supplies - The supplies budget includes miscellaneous computer supplies and accessories, along with devices that are not part of the hardware refresh plan. | Services - The repairs & maintenance budget includes annual software subscription and renewal costs. The professional services budget includes software support and special projects like the SBAcademy. 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. | Debt Service - The principal and interest expense budget is for lease payments for various hardware refresh plans. A hardware refresh means replacing current hardware with the newest version of the equipment to combat performance and capacity issues. The City leases equipment, such as computers and printers, over a period of 3-5 years. At the end of the lease, the City has the option to return the equipment to the vendor and get new equipment. The refresh program ensures that City employees are equipped with the most current technology to better serve the City and its residents. This fund receives revenue in the form of a fixed cost interfund allocation. The annual budget for this fund is allocated between the City departments based on various criteria including number of 311 calls, number of devices, number of user licenses, departmental specific software renewal, and more. This fund does not need to carry high cash reserves because its budget is fully allocated each year. Cash Reserves Target No reserve requirement 138 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Self-Funded Employee Benefits Fund Number 711 Fund Type Internal Service Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 15,885,258 15,742,095 16,181,440 16,181,440 5,328,177 5,328,177 10,853,263 33% Other Income 373,523 1,438,628 385,000 385,000 426,220 426,220 (41,220) 111% Interest Earnings 89,646 62,791 58,809 58,809 14,544 14,544 44,265 25% Total Revenue 16,348,427 17,243,514 16,625,249 16,625,249 5,768,940 5,768,940 10,856,308 35% Expenditures by Subdivision Health Insurance 14,472,911 15,509,012 17,121,703 17,129,426 5,284,146 106,745 5,390,891 11,738,535 31% Workplace Wellness Clinic 996,006 1,003,588 1,169,308 1,169,308 50,095 932,035 982,131 187,177 84% Employee Wellness 76,048 89,896 99,974 101,130 21,148 48,982 70,130 31,000 69% Total Expenditures 15,544,965 16,602,496 18,390,985 18,399,864 5,355,390 1,087,761 6,443,151 11,956,712 35% Expenditures by Type Personnel Other Personnel Costs 13,740,971 14,681,353 16,308,759 16,309,915 5,039,562 48,982 5,088,544 11,221,371 31% Total Personnel 13,740,971 14,681,353 16,308,759 16,309,915 5,039,562 48,982 5,088,544 11,221,371 31% Supplies 131,045 110,297 150,000 150,000 13,568 62,000 75,568 74,432 50% Services & Charges Professional Services 1,083,611 1,063,335 1,198,308 1,205,031 97,854 976,780 1,074,634 130,397 89% Printing & Advertising - - 100 100 - - - 100 0% Insurance 587,028 737,651 732,318 732,318 203,728 - 203,728 528,590 28% Other Services & Charges 1,476 3,194 1,500 2,500 678 - 678 1,822 27% Total Services & Charges 1,672,115 1,804,180 1,932,226 1,939,949 302,260 976,780 1,279,039 660,909 66% Bad Debt 833 - - - - - - - - Interfund Transfers Out - 6,667 - - - - - - - Total Expenditures 15,544,965 16,602,496 18,390,985 18,399,864 5,355,390 1,087,761 6,443,151 11,956,712 35% Net Surplus / (Deficit) 803,462 641,018 (1,765,736) (1,774,615) 413,551 (674,211) Beginning Cash Balance 9,277,319 10,143,060 10,786,414 Cash Adjustments 62,279 2,336 - Ending Cash Balance 10,143,060 10,786,414 9,011,799 11,212,015 Cash Reserves Target 3,886,241 4,150,624 4,599,966 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: 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. During the 2019 budget process, it was determined that this fund was overfunded from prior years due to lower than anticipated costs. Therefore, in 2019, the City gave a one-time break in the health insurance cost per employee charged to departments. Claims are forecasted to increase 5% year over year. 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. This fund was established in 1983 when the Common Council determined that the City should become self-insured for employee health insurance (ordinance 7161-83). The purpose of this fund is to set aside monies assessed from City departments and monies collected from employees to be expended on insurance and claims relating to employees, including medical, dental, life, flex spending, etc. The City of South Bend is self-insured - it pays medical, dental, and vision claims directly, as opposed to paying an insurance company to pay the claims. 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. Cash Reserves Target 25% of Annual expenditures 139 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Unemployment Compensation Fund Number 713 Fund Type Internal Service Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 6,899 22,056 105,517 105,517 36,927 36,927 68,590 35% Interest Earnings 1,187 69 209 209 12 12 197 6% Other Income - 74,683 - - - - - - Interfund Transfers In - 6,667 - - - - - - Total Revenue 8,087 103,474 105,726 105,726 36,939 36,939 68,787 35% Expenditures by Type Personnel Other Personnel Costs 157,449 75,914 80,000 80,000 7,991 - 7,991 72,009 10% Total Expenditures 157,449 75,914 80,000 80,000 7,991 - 7,991 72,009 10% Net Surplus / (Deficit) (149,363) 27,560 25,726 25,726 28,948 28,948 Beginning Cash Balance 180,911 31,859 - Cash Adjustments 310 (59,419) - Ending Cash Balance 31,859 - 25,726 36,939 Cash Reserves Target 39,362 18,979 20,000 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established in 2011 (ordinance 10059-10) to account for the City’s payment of unemployment claims and outplacement services on behalf of all departments. Prior to the establishment of this fund, claims were accounted for under individual departments’ operations. This fund receives revenue from an allocation charged to departments through payroll as a percent of full-time wages. During the annual budget process, the Department of Administration & Finance reviews the allocation percentage. When this fund’s cash reserves increase due to lower than anticipated claims, the allocation percentage will be decreased. As cash reserves fall below levels sufficient to support anticipated claims, the allocation percentage will be increased. In November 2016, the charge was suspended due to the fund's high cash reserves In 2020, the allocation to departments was resumed at 0.01% of full-time wages and will increase slightly each year in order to cover unemployment claims. All unemployment claims and outplacement services for all departments are paid through this fund. Claims had remained fairly low in recent years, but in 2020 claims increased substantially due to the COVID-19 pandemic. Cash Reserves Target 25% of Annual expenditures 140 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Parental Leave Fund Number 714 Fund Type Internal Service Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Charges for Services 244,090 248,401 257,209 257,209 87,949 87,949 169,260 34% Interest Earnings 751 1,125 1,494 1,494 320 320 1,174 21% Total Revenue 244,841 249,526 258,703 258,703 88,269 88,269 170,434 34% Expenditures by Type Personnel Salaries & Wages 119,938 180,337 253,846 253,846 29,704 - 29,704 224,142 12% Total Expenditures 119,938 180,337 253,846 253,846 29,704 - 29,704 224,142 12% Net Surplus / (Deficit) 124,903 69,189 4,857 4,857 58,566 58,566 Beginning Cash Balance 32,563 157,521 226,711 Cash Adjustments 56 - - Ending Cash Balance 157,521 226,711 231,568 285,276 Cash Reserves Target 9,595 14,427 20,308 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 was developed based on the models of other progressive, best-in-class employers. The program is funded by an allocation to departments charged through payroll as a percent of full-time wages. During the annual budget process, the Department of Administration & Finance reviews the allocation percentage. This allocation will be increased or decreased based on the financial needs of the program and the performance of the fund. In 2022, the allocation will be 0.35% of full-time wages. The program was well-received and continues to grow. Based on historical program participation, expenditures are budgeted at 40 births x 240 hours off of work x the average hourly wage. Cash Reserves Target 8% of Annual expenditures - one month reserve 141 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Rainy Day Fund Number 102 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 94,111 64,091 99,340 99,340 14,491 14,491 84,849 15% Total Revenue 94,111 64,091 99,340 99,340 14,491 14,491 84,849 15% Total Expenditures - - - - - - - - - Net Surplus / (Deficit)94,111 64,091 99,340 99,340 14,491 14,491 Beginning Cash Balance 10,733,474 10,845,986 10,910,077 Cash Adjustments 18,401 - - Ending Cash Balance 10,845,986 10,910,077 11,009,417 10,924,569 Cash Reserves Target 8,998,791 8,206,983 8,717,131 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 9509-04) in order to set aside monies which can be used to meet unanticipated expenses that cannot be funded from existing appropriations, to meet cash flow needs between biannual distribution of property tax receipts and other periodic distributions, for bridging a gap caused by an unexpected revenue shortfall or significant delay in receiving revenue, and for any other City purpose or need consistent with or permitted by state law. This fund can be 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. The cash reserve requirement for this fund is 3% of prior year operational expenditures in Civil City funds, excluding interfund transfers. The City can elect to transfer unused or unencumbered funds to this fund per IC 36-1-8-5.1. Every so often, this fund receives certain "catch up" distributions of local income tax 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. On an ongoing basis, this fund receives revenue from interest earned on the fund’s cash balance. No expenditures are budgeted at this time. The most recent activity was an interfund loan to four other funds during 2011. 3% of total expenditures in previous fiscal year for Civil City Funds, less interfund transfers Cash Reserves Target 142 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Gift, Donation, Bequest Fund Number 217 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 7,284 6,884 3,270 3,270 1,363 1,363 1,907 42% Bloomberg Mayors Challenge 404,000 322,000 - - - - - - Human Rights Scholarship Prog.8,370 - 18,000 18,000 - - 18,000 0% Office of Sustainability 41,000 - - - - - - - Historic Preservation 196 2,009 - - 21 21 (21) - Home Energy Improvements 100,000 - - 90,000 90,000 90,000 - 100% Code Enforcement Demolitions 55,000 - - - - - - - Animal Resource Center Donations 49,603 47,599 35,000 35,000 8,233 8,233 26,767 24% Pokagon Band Donation 100,000 100,000 - 100,000 100,000 100,000 - 100% Total Revenue 765,453 478,492 56,270 246,270 199,617 199,617 46,653 81% Expenditures by Project Wayfinding Signage Project 56,258 33,500 - - - - - - - Bloomberg Mayors Challenge 313,871 323,775 322,506 477,704 63,784 200,415 264,198 213,506 55% Human Rights Scholarship Prog.6,655 - 14,000 14,000 - - - 14,000 0% Historic Preservation Commiss.- - 1,000 1,000 - - - 1,000 0% Bike Signage - - 2,500 2,500 - - - 2,500 0% Electric Vehicle Charging Station - - 41,000 41,000 - - - 41,000 0% Home Energy Improvements 61,608 118,377 - 11,460 - 11,460 11,460 - 100% Animal Resource Center 14,902 2,910 50,000 50,000 2,007 - 2,007 47,993 4% Code Enforcement Demolitions - 2,863 - 52,625 44,425 8,200 52,625 - 100% Pokagon Band Donation - - - - - - - - - Total Expenditures 453,294 481,425 431,006 650,289 110,215 220,075 330,290 319,999 51% Expenditures by Type Supplies - - 43,500 43,500 - - - 43,500 0% Services & Charges Professional Services 382,631 360,185 372,506 527,704 65,790 200,415 266,205 261,499 50% Printing & Advertising 6,650 - 6,000 6,000 - - - 6,000 0% Repairs & Maintenance 64,008 118,377 - 11,460 - 11,460 11,460 - 100% Grants & Subsidies - - 9,000 9,000 - - - 9,000 0% Other Services & Charges 5 2,863 - 52,625 44,425 8,200 52,625 - 100% Total Services & Charges 453,294 481,425 387,506 606,789 110,215 220,075 330,290 276,499 54% Total Expenditures 453,294 481,425 431,006 650,289 110,215 220,075 330,290 319,999 51% Net Surplus / (Deficit) 312,160 (2,933) (374,736) (404,019) 89,401 (130,674) Beginning Cash Balance 668,273 981,455 978,522 Cash Adjustments 1,022 - - Ending Cash Balance 981,455 978,522 574,503 1,073,007 Cash Reserves Target - - - Fund Purpose: Explanation of Donation Sources and Uses: This fund was established (ordinance 9870-08) to receive monies donated, given, and/or bequeathed to the City by private, non-governmental persons. Most donations, gifts, or bequests have a specific purpose designated by the donor. By accounting for the monies in this separate fund, the City can better track the expense of the monies and ensure that they are spent according to the designated purpose. Judith Westfall Irrevocable Trust - In 2017, the South Bend Animal Resource Center (SBARC) started receiving an annual donation of approximately $22,300 from the Judith Westfall Irrevocable Trust. They anticipate receiving annual contributions through 2/24/2023. Pokagon Band (2019-2022) - the City received a $100,000 annual donation from the Pokagon Band of the Potawatomi to be used towards the Bowman Creek Project Home Energy Improvements - From 2019 through 2022, the City has received private grants from the Robert & Clara Milton Charitable Trust Foundation. This private grant is to be used for the South Bend Green Corps Senior Home Energy Improvements (2019: $125,000; 2020: $100,000; 2022: $70,000). The South Bend Green Corps Senior Home Energy Improvements program assists seniors 65 years and older with home repairs. The City also received $20,000 from the Florence V. Carroll Charitable Trust to be used for Home Energy Improvements, not restricted to seniors. Bloomberg Mayor's Challenge Award (2019-2022) - The City of South Bend is developing a transportation-as-a-benefit program, partnering with local employers to provide free or subsidized transportation to/from work for low-wage shift workers who are transport insecure. Goals include reducing employee turnover, increasing productivity, and increasing resident access to employment, all of which will in turn strengthen the local economy. Of this grant, 62% of funds are allocated to personnel who will design, implement and manage the program and develop a self-sustaining model. 17% of funds are allocated to covering costs of participant transportation; the 3-year period we will transition from program-funded transportation to employer/employee-funded transportation. 18% of costs are allocated to operational/technical partners to develop and manage infrastructure (data management, participant enrollment, etc.). 3% of costs are allocated to media/communications to support employer recruitment, participant enrollment, and public messaging. 1% of costs are allocated to travel/events; it’s estimated that key program personnel will travel 1x for program research and 2x to relevant industry conferences and that the program will host 3 major events to recruit new partners/participants for the program. At the end of the 3-year period, it is expected the city will have developed a sustainable, replicable model for a transportation-as-a-benefit program which will continue to scale across the South Bend region and other similar geographies. Cash Reserves Target No reserve requirement 143 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Loss Recovery Fund Number 227 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 5,076 2,515 3,769 3,769 550 550 3,219 15% Total Revenue 5,076 2,515 3,769 3,769 550 550 3,219 15% Expenditures by Type Services & Charges Professional Services - - - - - - - - - Other Services & Charges 130,370 69,630 - - - - - - - Total Expenditures 130,370 69,630 - - - - - - - Net Surplus / (Deficit)(125,295) (67,115) 3,769 3,769 550 550 Beginning Cash Balance 605,471 481,214 414,099 Cash Adjustments 1,038 - - Ending Cash Balance 481,214 414,099 417,868 414,649 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 9890-08) to account for compensatory or exemplary damage payments from third parties arising from loss or damage to City tangible or intangible property. The monies deposited into this fund shall be used for costs arising from the covered loss including repair or replacement of tangible property, administrative costs of obtaining loss recovery, enhancement or improvement of City services related to the loss, with any excess to be applied to any reasonable purpose beneficial to the City. 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. On an ongoing basis, this fund only receives revenue from interest earned on the fund's cash balance. The fund has been used for capital projects related to environmental cleanup. In 2019, this fund was used to fund legal professional services related to environmental issues and granular activated carbon reconditioning. Cash Reserves Target No reserve requirement 144 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Human Rights Federal Grants Fund Number 258 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Grants 167,100 162,140 68,200 68,200 2,500 2,500 65,700 4% Charges for Services 8,500 10,833 85,000 85,000 1,667 1,667 83,333 2% Interest Earnings 1,540 2,417 - - 544 544 (544) - Other Income - - 2,050 2,050 - - 2,050 0% Total Revenue 177,140 175,390 155,250 155,250 4,711 4,711 150,539 3% Expenditures by Subdivision General 19,061 9,928 3,000 9,000 2,760 - 2,760 6,240 31% EEOC 100,391 98,139 124,371 126,038 35,212 15,250 50,463 75,575 40% HUD 93,473 126,938 113,745 113,745 32,105 - 32,105 81,640 28% Total Expenditures 212,926 235,005 241,116 248,783 70,077 15,250 85,327 163,455 34% Expenditures by Type Personnel Salaries & Wages 124,770 125,084 128,156 128,156 44,293 - 44,293 83,863 35% Fringe Benefits 38,541 38,636 52,160 52,160 13,591 - 13,591 38,569 26% Total Personnel 163,311 163,721 180,316 180,316 57,883 - 57,883 122,432 32% Supplies 1,724 3,864 2,000 2,000 106 - 106 1,894 5% Services & Charges Professional Services 24,667 18,333 27,800 31,467 7,909 15,000 22,909 8,558 73% Printing & Advertising 16,215 11,878 6,000 12,000 2,899 250 3,149 8,851 26% Education & Training 5,960 5,178 6,000 4,000 649 - 649 3,351 16% Travel - - 17,800 17,800 490 - 490 17,310 3% Other Services & Charges 1,049 32,032 1,200 1,200 141 - 141 1,059 12% Total Services & Charges 47,891 67,420 58,800 66,467 12,088 15,250 27,338 39,129 41% Interfund Transfers Out - - - - - - - - - Total Expenditures 212,926 235,005 241,116 248,783 70,077 15,250 85,327 163,455 34% Net Surplus / (Deficit) (35,786) (59,614) (85,866) (93,533) (65,366) (80,616) Beginning Cash Balance 521,051 486,159 426,544 Cash Adjustments 893 - - Ending Cash Balance 486,159 426,544 333,012 361,178 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures, Staffing, and Significant Changes/Variances: Cash Reserves Target No reserve requirement - Grant fund - spend down to zero This fund tracks the portion of the Human Rights division that is funded by the federal government. This fund is funded by federal grants, including grants from the Department of Housing & Urban Development (HUD) and the Equal Employment Opportunity Commission (EEOC). This fund also receives revenue from staff contracts. Expenditures are for the wages and benefits of two (2) full-time employees (Manager-Employment and Manager-Housing) and for supplies and services for the Human Rights Commission's activities related to fair housing and equal opportunity employment in St. Joseph County. Other staff and general expenditures for the Human Rights Commission are accounted for in the General Fund #101. 145 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name American Rescue Plan Fund Number 263 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Grants - 29,455,024 29,455,024 29,455,024 - - 29,455,024 0% Interest Earnings - 81,618 - - 37,809 37,809 (37,809) - Total Revenue - 29,536,642 29,455,024 29,455,024 37,809 37,809 29,417,215 0% Expenditures by Type Personnel Salaries & Wages - - - 1,910,000 1,889,660 - 1,889,660 20,340 99% Total Personnel - - - 1,910,000 1,889,660 - 1,889,660 20,340 99% Services & Charges Grants & Subsidies - - - 500,000 - - - 500,000 0% Other Services & Charges - - - - 1,270 - 1,270 (1,270) - Total Services & Charges - - - 500,000 1,270 - 1,270 498,730 0% Capital - - 10,100,000 11,100,000 68,650 113,250 181,900 10,918,100 2% Total Expenditures - - 10,100,000 13,510,000 1,959,580 113,250 2,072,830 11,437,170 15% Net Surplus / (Deficit)- 29,536,642 19,355,024 15,945,024 (1,921,771) (2,035,021) Beginning Cash Balance - - 29,536,642 Cash Adjustments - - - Ending Cash Balance - 29,536,642 45,481,666 27,614,871 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Cash Reserves Target No reserve requirement - Grant fund - spend down to zero The City's total award amount is $58,910,047, with half of it received in 2021 and the other half to be received in 2022. This fund also receives revenue from interest earned on the fund's cash balance. ARP Premium Pay: In 2022, the Common Council appropriated $1.91 million for COVID premium pay to essential employees including police officers, firefighters, teamsters, and certain non-bargainging employees for qualify for premium pay under the rules and regulations of the ARP Act. | Vacant Building Development Financing: $500,000 is budgeted in this fund and $1.5 million in the General Fund #101 to support small-scale and mission-based developers enter into areas of the City where it is difficult to obtain traditional financing. This fund will act as a credit enhancement (“loan loss reserve fund”) for these developers for targeted projects that revitalize large, vacant buildings and/or make a commercial investment in the corridors. | Dream Center: The City is proposing to fund an $11.1 million renovation and upgrade to the Martin Luther King Jr. Center. The new facility will be called the Dream Center at Martin Luther King Jr. Park. This new, world-class, intergenerational community center will be developed in conjunction with the community, and community feedback will play a large role in deciding what facilities and programming are built at the Dream Center. This fund was established in 2021 to track the receipt and expenditure of the funds from the American Rescue Plan Act. On March 18, 2021, the Indiana State Board of Accounts issued State Examiner Directive 2021-1, which prescribes the accounting procedures for federal assistance received through the ARP Act, and on May 17, 2021, the United States Department of the Treasury published an interim final rule to describe the requirements on implementing the Coronavirus State Fiscal Recovery Fund and the Coronavirus Local Fiscal Recovery Fund established under the ARP Act. Both the state and the federal directives recommend the creation of a formal spending plan for the ARP Funds. In its guidance, the Department of the Treasury outlined four funding objectives for the ARP Funds. In developing its own plan for spending, the City of South Bend further grouped these four objectives into two main categories of spending: Response & Relief • Support urgent COVID-19 response efforts • Support immediate economic stabilization for households and businesses Equitable Recovery • Replace lost revenue for eligible state, local, territorial, and Tribal governments • Address systemic public health and economic challenges that have contributed to the inequal impact of the pandemic Spending allocated for “Response and Relief” is intended to provide direct, rapid relief to residents and businesses who have experienced economic or health-related harms related to the pandemic. Spending allocated for “Equitable Recovery” is intended to rebuild a more equitable economy and community by addressing systemic challenges that have been present in our community for decades. In Sections 602(c)(1) and 603(c)(1) of ARPA, Congress provided four eligible uses of funds: a) To respond to the public health emergency or its negative economic impacts, including assistance to households, small businesses, and nonprofits, or aid to impacted industries such as tourism, travel, and hospitality; b) To respond to workers performing essential work during the COVID-19 public health emergency by providing premium pay to eligible workers; c) For the provision of government services to the extent of the reduction in revenue due to the COVID–19 public health emergency relative to revenues collected in the most recent full fiscal year prior to the emergency; and d) To make necessary investments in water, sewer, or broadband infrastructure 146 City of South Bend, Indiana Monthly Financial Report April 30, 2022 2022 2022 2022 2022 Total 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Expenditures by Fund General Fund (#101)4,948,093 36,195,000 39,495,000 1,227,982 1,676,982 2,904,964 36,590,036 7% American Rescue Plan (#263)- 10,100,000 13,510,000 1,959,580 113,250 2,072,830 11,437,170 15% Total Expenditures by Fund 4,948,093 46,295,000 53,005,000 3,187,562 1,790,232 4,977,794 48,027,206 9% Expenditures by ARP Programs Strong Neighborhoods Home Repair Assistance Programs - 2,500,000 2,500,000 - - - 2,500,000 0% Housing Financing - 2,500,000 2,500,000 - - - 2,500,000 0% Home Buying Assistance - 1,000,000 1,000,000 - - - 1,000,000 0% Additional Neighborhood Infrastructure - 2,500,000 2,500,000 450 - 450 2,499,550 0% City-wide Comprehensive Plan - 500,000 500,000 - 200,000 200,000 300,000 40% Plan Implementation - 300,000 300,000 - - - 300,000 0% Land Bank Startup Costs - 250,000 250,000 - - - 250,000 0% Demolitions (Vacant & Abandoned / Commercial)- 3,670,000 4,170,000 - - - 4,170,000 0% Neighborhood Development Assistance - 150,000 150,000 - - - 150,000 0% Vacant Building Development Financing - 1,500,000 2,000,000 - - - 2,000,000 0% Neighborhood Recovery Grants - 200,000 200,000 - - - 200,000 0% Neighborhood Main Streets (Bike Racks, Trash Cans, etc.)- 500,000 500,000 - - - 500,000 0% Athletic Court Repair - 1,600,000 1,600,000 40,585 40,228 80,812 1,519,188 5% Subtotal - 17,170,000 18,170,000 41,035 240,228 281,262 17,888,738 2% Safe Community for Everyone Homelessness Strategy Implementation - 200,000 200,000 - - - 200,000 0% County Partnerships on Homelessness & Mental Health - 5,800,000 5,800,000 - - - 5,800,000 0% Gun Violence Intervention - 500,000 500,000 - - - 500,000 0% Public Safety Technology Upgrades - 1,500,000 1,500,000 - - - 1,500,000 0% COVID Response 1,448,093 - - - - - - - COVID Facilities Upgrades - 1,800,000 2,000,000 - 1,026,635 1,026,635 973,365 51% ARP Premium Pay - - 1,910,000 1,889,660 - 1,889,660 20,340 99% Subtotal 1,448,093 9,800,000 11,910,000 1,889,660 1,026,635 2,916,295 8,993,705 24% Robust, Sustainable Infrastructure - Green Infrastructure Greener Homes - 100,000 100,000 - - - 100,000 0% Solarize, Switch & Save - 300,000 300,000 24,500 185,000 209,500 90,500 70% Commercial Recycling Partnership for CBD’s - 75,000 75,000 - - - 75,000 0% EV Plan & Deployment - 150,000 150,000 - - - 150,000 0% Distributed Solar/Storage - 1,000,000 1,000,000 - - - 1,000,000 0% Subtotal - 1,625,000 1,625,000 24,500 185,000 209,500 1,415,500 13% Equitable Access to Opportunity Small Business Assistance - 1,750,000 1,750,000 - - - 1,750,000 0% Utility Relief 3,500,000 2,000,000 2,000,000 1,129,605 - 1,129,605 870,395 56% Streamlined Assistance - 500,000 600,000 21,179 178,491 199,670 400,330 33% Opportunity Fund - 1,000,000 1,000,000 - - - 1,000,000 0% Immigration Support - 100,000 100,000 - - - 100,000 0% Subtotal 3,500,000 5,350,000 5,450,000 1,150,784 178,491 1,329,275 4,120,725 24% Youth and Workforce Development Workforce Development - 250,000 250,000 - - - 250,000 0% Dream Center - 10,100,000 11,100,000 69,920 113,250 183,170 10,916,830 2% Pre-K Centers - 2,000,000 4,500,000 11,664 46,628 58,292 4,441,708 1% Subtotal - 12,350,000 15,850,000 81,584 159,878 241,462 15,608,538 2% Total Expenditures by Program 4,948,093 46,295,000 53,005,000 3,187,562 1,790,232 4,977,794 48,027,206 9% American Rescue Plan: Signed into law on March 11, 2021, the American Rescue Plan Act of 2021 (“ARP Act”) is a $1.9 trillion economic stimulus bill designed to facilitate recovery from the economic and health effects of the COVID-19 pandemic and the resulting, ongoing recession. As a part of this legislation, Congress allocated $350 billion to state, local, territorial and Tribal governments to respond to the pandemic, provide economic relief, and lay the foundation for a strong and equitable recovery. The City of South Bend was one of almost 1,200 Metropolitan Cities across the country that received a direct infusion of resources as a result of this Act. The City’s allocation totaled $58,910,047 (the “ARP Funds”). American Rescue Plan Budget Summary - Fund 101 & 263 147 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name COVID-19 Response Fund Number 264 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Grants 5,086,138 1,490,275 - 790,735 170,461 170,461 620,274 22% Other Income - 5,000 - - - - - - Interfund Transfers In 1,000,000 1,448,093 - - - - - - Total Revenue 6,086,138 2,943,368 - 790,735 170,461 170,461 620,274 22% Expenditures by Activity Mayor's Office 11,344 - - - - - - - - Common Couuncil 5,010 - - - - - - - - Administration & Finance 34,700 1,000,100 - - - - - - - Public Works 39,150 (96) - - - - - - - Innovation & Technology 6,406 750 - - - - - - - Police Department 1,631,779 28,830 - - - - - - - Fire Department 1,816,511 1,180 - - - - - - - Community Investment 2,355,704 1,959,874 - 790,735 196,542 795,947 992,489 (201,754) 126% Venues, Parks & Arts 127,466 5,595 - - - - - - - Code Enforcement 4,339 - - - - - - - - Building Department 863 - - - - - - - - Total Expenditures 6,033,275 2,996,232 - 790,735 196,542 795,947 992,489 (201,754) 126% Expenditures by Type Supplies 252,665 18,318 - - - - - - - Services & Charges Professional Services 7,058 - - - - - - - - Printing & Advertising 19,717 - - - - - - - - Repairs & Maintenance 2,016 - - - - - - - - Grants & Subsidies 2,349,076 1,959,664 - 790,735 196,542 795,947 992,489 (201,754) 126% Other Services & Charges 54,452 18,250 - - - - - - - Total Services & Charges 2,432,318 1,977,914 - 790,735 196,542 795,947 992,489 (201,754) 126% Interfund Transfers Out 3,348,292 1,000,000 - - - - - - - Total Expenditures 6,033,275 2,996,232 - 790,735 196,542 795,947 992,489 (201,754) 126% Net Surplus / (Deficit) 52,864 (52,864) - - (26,081) (822,029) Beginning Cash Balance - 53,214 - Cash Adjustments 350 (350) - Ending Cash Balance 53,214 - - - Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Cash Reserves Target No reserve requirement - Grant fund - spend down to zero This fund was established in 2020 to track the costs associated with the City's response to the COVID-19 coronavirus pandemic. This fund will receive grants including funds from the Federal Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Housing and Urban Development (HUD), Community Development Block Grant (CDBG), and Emergency Solutions Grant (ESG). Expenditures are related to various activities such as funding for quarantine sites, public health communications, personal protective equipment (PPE), cleaning/sanitizing supplies, and lost wages. In 2020 the U.S. Department of Housing and Urban Development (HUD) awarded special allocations of Community Development Block Grant (CDBG) and Emergency Solutions Grant (ESG) program funds to be used to prevent, prepare for, and respond to the coronavirus pandemic (COVID-19) as part of the CARES Act. The CDBG funds are aimed at community and economic development, and ESG funds are aimed at aiding individuals and families who are homeless or receiving homeless assistance and to support additional homeless assistance and homelessness prevention activities. The 2020 awards include $1,491,174 CDBG-CV1, $759,783 ESG-CV1, and $787,585 ESG-CV2. These funds are required to be spent by July 2022. If any additional special allocations are awarded to the City, they will be accounted for in this fund. 148 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Local Income Tax - Certified Shares Fund Number 404 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Local Income Taxes 13,764,809 13,334,937 9,021,120 10,230,282 2,977,862 2,977,862 7,252,420 29% Interest Earnings 111,181 87,126 110,950 110,950 20,194 20,194 90,756 18% Debt Proceeds 2,262,160 1,598,000 1,462,000 1,462,000 - - 1,462,000 0% Other Income 361,924 246,998 32,000 32,000 12,000 12,000 20,000 38% Interfund Transfers In - 147,786 383,028 730,725 475,373 475,373 255,352 65% Total Revenue 16,500,074 15,414,847 11,009,098 12,565,957 3,485,429 3,485,429 9,080,528 28% Expenditures by Activity General City 2,263,417 3,173,836 1,185,625 1,459,152 665,115 376,488 1,041,603 417,549 71% Legal Dept 3,441 2,527 15,000 15,000 - - - 15,000 0% Information Technology 1,579,347 28,098 80,000 151,500 8,550 62,950 71,500 80,000 47% Police Department 2,136,734 1,826,705 2,952,548 6,003,350 1,104,780 2,338,028 3,442,807 2,560,543 57% Vacant & Abandoned Houses 232,822 185,684 - 400,390 26,068 374,322 400,390 - 100% Community Investment 357,659 25,880 - 798,629 12,244 781,330 793,574 5,055 99% Parks & Recreation 1,778,605 1,596,732 956,850 1,235,925 563,321 418,399 981,720 254,204 79% Morris Performing Arts Center - 1,800,000 - - - - - - - Light Up South Bend 88,137 146,590 260,000 394,924 8,009 124,894 132,903 262,021 34% Streets 2,899,656 - 3,750,000 3,755,179 1,250,000 5,179 1,255,179 2,500,000 33% Curb & Sidewalk 1,500,000 1,500,000 1,500,000 1,500,000 500,000 - 500,000 1,000,000 33% Traffic Signals & Street Lighting 1,501,835 1,401,657 1,467,536 1,467,536 457,964 - 457,964 1,009,572 31% Total Expenditures 14,341,653 11,687,709 12,167,559 17,181,584 4,596,051 4,481,589 9,077,640 8,103,944 53% Expenditures by Type Supplies 92,245 145,595 200,000 334,924 8,009 124,599 132,608 202,316 40% Services & Charges Professional Services 1,681,956 35,065 155,000 359,073 13,779 167,324 181,103 177,970 50% Printing & Advertising 500 24,785 - - - - - - - Utilities 1,501,835 1,401,657 1,467,536 1,467,536 457,964 - 457,964 1,009,572 31% Repairs & Maintenance 756,305 565,186 610,000 890,520 295,685 218,905 514,590 375,930 58% Grants & Subsidies 397,553 340,711 341,129 1,016,129 157,043 859,086 1,016,129 - 100% Other Services & Charges 1,292,054 1,086,776 1,102,449 1,647,525 753,582 667,316 1,420,898 226,627 86% Debt Service Principal 1,364,172 1,631,258 1,379,062 1,379,062 550,035 - 550,035 829,027 40% Debt Service Interest & Fees 59,809 53,009 71,486 71,486 18,756 - 18,756 52,730 26% Total Services & Charges 7,054,183 5,138,446 5,126,662 6,831,332 2,246,843 1,912,632 4,159,475 2,671,856 61% Capital 825,101 123,519 1,462,000 4,636,431 548,232 2,444,358 2,992,590 1,643,841 65% Interfund Interfund Allocations 8,633 9,753 9,676 9,676 3,225 - 3,225 6,451 33% Interfund Transfers Out 6,361,491 6,270,396 5,369,221 5,369,221 1,789,741 - 1,789,741 3,579,480 33% Total Interfund 6,370,124 6,280,149 5,378,897 5,378,897 1,792,966 - 1,792,966 3,585,931 33% Total Expenditures 14,341,653 11,687,709 12,167,559 17,181,584 4,596,051 4,481,589 9,077,640 8,103,944 53% Net Surplus / (Deficit) 2,158,421 3,727,138 (1,158,461) (4,615,627) (1,110,622) (5,592,211) Beginning Cash Balance 12,724,697 14,902,237 18,631,245 Cash Adjustments 19,120 1,870 - Ending Cash Balance 14,902,237 18,631,245 14,015,618 17,526,233 Cash Reserves Target 7,170,827 5,843,854 8,590,792 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: 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. | In 2022, the interfund transfer to the Motor Vehicle Highway Fund (#202) is $3.75 million for street paving & patching and $1.5 million for the curb & sidewalk program. | The City replaced its 20+ year-old accounting software system. The implementation lasted 18 months, cost about $3 million, and went live on May 1, 2020. An ongoing software support contract is budgeted at $80k a year. | In 2021, Dept of Community Investment (DCI) activities formerly paid out of this fund were moved into Fund #408 in order to consolidate DCI expenditures. | The City continues to budget funding for the demolition of vacant & abandoned houses, budgeted in Fund #101 for 2022. | The Dept of Public Works manages the Light Up South Bend program - a partnership with Indiana/Michigan Power Co. to install additional street lights in neighborhoods throughout South Bend. The Lamppost Lighting Program is meant to improve safety by adding more street lighting throughout South Bend. The City selected two areas where residents pay less for a lamppost. They were chosen based on income, number of vacant lots, and need for lighting in the neighborhood. | This fund also provides operating subsidies to the Studebaker Museum and the South Bend Museum of Art. | Police patrol cars are purchased through 5-year capital leases. The debt service principal and interest payments are paid by this fund. This fund receives the Certified Shares portion of the City's Local Income Tax (LIT) revenue distribution. Local income tax revenue is determined annually by the Indiana Dept of Local Government Finance (DLGF). In 2021, the St. Joseph County Council passed a resolution to amend the local income tax rate and dedicate a portion of the certified shares income tax to fund the consolidated county-wide 911 call center called PSAP (Public Safety Answering Point). As a result, the City's certified shares distribution will be reduced going forward, starting in 2022. Previously, the City paid for its portion of the operating costs for PSAP out of the Local Income Tax Economic Development Fund (#408). 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. Cash Reserves Target 50% of Annual expenditures This fund was established to account for the receipt of the certified shares component of the local income tax. Funds are used to items such as debt service payments, certain organizations’ grants and operational subsidies, capital expenditures and other uses as deemed by the Mayor and Council. 149 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Cumulative Capital Development Fund Number 406 Fund Type Capital Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Property Taxes 433,812 469,124 473,780 473,780 - - 473,780 0% Intergov./ Shared Revenues 40,795 41,568 38,648 38,648 - - 38,648 0% Interest Earnings 765 928 1,995 1,995 341 341 1,654 17% Total Revenue 475,372 511,620 514,423 514,423 341 341 514,082 0% Expenditures by Activity Transfer to Fund 404 - - 143,687 143,687 47,895 - 47,895 95,792 33% Police Department 516,510 394,767 368,741 368,741 76,644 - 76,644 292,097 21% Park Capital 12,970 - - - - - - - - Total Expenditures 529,479 394,767 512,428 512,428 124,539 - 124,539 387,889 24% Expenditures by Type Services & Charges Debt Service Principal 484,511 370,109 353,115 353,115 72,242 - 72,242 280,873 20% Debt Service Interest & Fees 31,998 24,658 15,626 15,626 4,401 - 4,401 11,225 28% Total Services & Charges 516,510 394,767 368,741 368,741 76,644 - 76,644 292,098 21% Capital 12,970 - - - - - - - - Interfund Transfers Out - - 143,687 143,687 47,895 - 47,895 95,792 33% Total Expenditures 529,479 394,767 512,428 512,428 124,539 - 124,539 387,890 24% Net Surplus / (Deficit) (54,108) 116,853 1,995 1,995 (124,198) (124,198) Beginning Cash Balance 223,617 169,893 286,746 Cash Adjustments 383 - - Ending Cash Balance 169,893 286,746 288,741 162,548 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Cash Reserves Target No reserve requirement - Capital fund - spend down to zero This fund is used to account for expenditures relating to the purchase or lease of capital improvements in the City. A cumulative capital development fund is defined under Indiana Code (I.C. 36-9-16) and was established by the Common Council in 1985 (ordinance no. 7486-85). 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 auto excise and commercial vehicle excise tax. Currently, this fund pays the debt service payments for several police vehicle capital lease-purchases. About 34 patrol cars need to be replaced every year to maintain the fleet. Cars are kept for at least five years, up to 10, depending on wear and tear. The cost is about $43,000 per vehicle, including the cost of outfitting the vehicle with the necessary equipment. Due to declining cash reserves in this fund, the police vehicle capital lease-purchases for 2020 through 2023 will be funded by the Local Income Tax Certified Shares Fund (#404). This fund will continue to pay off current leases over that time and will not take on any new debt until cash reserves can support it in 2024. In 2022, this fund will transfer $143,687 to Fund #404 to help offset the debt service payments paid out of that fund. 2019-2020 included a one-time capital expenditure of $285,500 to help fund the My SB Parks & Trails project at Howard Park. 150 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Cumulative Capital Improvement Fund Number 407 Fund Type Capital Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Intergov./ Shared Revenues 219,253 207,761 214,341 214,341 - - 214,341 0% Interest Earnings 5,369 3,682 3,825 3,825 833 833 2,992 22% Other Income 18,750 25,000 25,000 25,000 - - 25,000 0% Total Revenue 243,373 236,443 243,166 243,166 833 833 242,333 0% Expenditures by Activity Transfer to Fund 404 - - 239,341 239,341 79,781 - 79,781 159,560 33% Community Investment 6,770 - - - - - - - - Park Vehicles & Equipment - 262,145 - - - - - - - Venues, Parks & Arts Capital - - 250,000 250,000 6,002 10,498 16,500 233,500 7% Streets Vehicles & Equipment 250,000 - - - - - - - - Total Expenditures 256,770 262,145 489,341 489,341 85,783 10,498 96,281 393,060 20% Expenditures by Type Capital 6,770 - 250,000 250,000 6,002 10,498 16,500 233,500 7% Interfund Transfers Out 250,000 262,145 239,341 239,341 79,781 - 79,781 159,560 33% Total Expenditures 256,770 262,145 489,341 489,341 85,783 10,498 96,281 393,060 20% Net Surplus / (Deficit) (13,397) (25,702) (246,175) (246,175) (84,950) (95,448) Beginning Cash Balance 689,015 676,798 651,096 Cash Adjustments 1,181 - - Ending Cash Balance 676,798 651,096 404,921 572,148 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Cash Reserves Target No reserve requirement - Capital fund - spend down to zero This fund was established (ordinance 4832-66) in 1966 to account for the receipt of cigarette tax revenue designated to be used solely for capital improvements. This fund receives cigarette tax revenue. Other Income is $25,000 from the South Bend School Corporation for rental of property. In 2020, the revenue was only $18,750 as the City gave a discount due to COVID-19. This fund also receives revenue from interest earned on the fund's cash balance. In 2019, $28,000 was used to purchase furniture for the Howard Park Renovation Project, part of the greater My SB Parks & Trails Project managed by the Department of Venues, Parks & Arts. | In 2020, $250,000 was transferred to the Motor Vehicle Highway Fund (#202) to support vehicle and equipment capital purchases for the Streets Division. | In 2021, $262,145 was budgeted for an interfund transfer to the Parks & Recreation Fund (#201) to support vehicle and equipment capital purchases for the Park Maintenance Division of the Department of Venues, Parks & Arts. | In 2022, $250,000 is budgeted for the Studebaker Museum roof project managed by the Department of Venues, Parks & Arts. Also budgeted in 2022, $239,341 interfund transfer to the Local Income Tax Certified Shares Fund (#404) to help offset the debt service payments for police vehicle capital leases paid out of that fund. 151 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Local Income Tax - Economic Development Fund Number 408 Fund Type Special Revenue Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Local Income Taxes 13,405,714 13,006,489 12,216,636 12,065,405 4,021,802 4,021,802 8,043,603 33% Intergov./ Grants 12,500 - 50,000 50,000 - - 50,000 0% Fines, Forfeitures, and Fees 354,660 - - - - - - - Interest Earnings 163,880 128,951 136,795 136,795 33,425 33,425 103,370 24% Other Income 153,272 151,545 349,424 349,424 6,983 6,983 342,441 2% Interfund Transfers In - 1,000,000 - - - - - - Total Revenue 14,090,026 14,286,985 12,752,855 12,601,624 4,062,210 4,062,210 8,539,414 32% Expenditures by Activity General City 1,076,233 - - 7,800,000 - - - 7,800,000 0% PSAP 2,966,021 2,812,202 199,424 199,424 - - - 199,424 0% Community Investment 3,829,468 2,274,806 6,643,295 10,875,863 1,591,769 3,444,923 5,036,692 5,839,170 46% Neighborhoods 3,865,219 2,340,000 5,654,853 6,500,554 1,310,052 632,005 1,942,058 4,558,496 30% Streets 35,749 - - 18,812 - 18,812 18,812 - 100% 2015 Park Bonds 376,689 376,736 375,106 375,106 123,602 - 123,602 251,504 33% 2018 Zoo Bonds 320,900 324,100 332,100 332,100 172,050 - 172,050 160,050 52% 2021 Infrastructure Bonds - 253,000 606,000 606,000 253,000 - 253,000 353,000 42% Total Expenditures 12,470,279 8,380,845 13,810,778 26,707,859 3,450,474 4,095,741 7,546,214 19,161,644 28% Expenditures by Type Services & Charges Professional Services 2,883,244 3,074,579 160,000 545,920 172,037 260,133 432,170 113,750 79% Printing & Advertising 404 2,706 45,000 45,000 - - - 45,000 0% Utilities 42,523 46,983 70,000 70,000 22,748 - 22,748 47,252 32% Repairs & Maintenance 209,536 122,395 432,873 451,968 32,461 19,217 51,678 400,290 11% Grants & Subsidies 1,220,570 1,028,845 2,220,000 6,798,284 793,352 3,793,699 4,587,050 2,211,233 67% Other Services & Charges 1,603 - 635,593 635,593 38,723 - 38,723 596,870 6% Debt Service Principal 301,441 314,344 333,699 333,699 100,000 - 100,000 233,699 30% Debt Service Interest & Fees 219,669 209,777 198,825 198,825 72,050 - 72,050 126,775 36% Total Services & Charges 4,878,989 4,799,629 4,095,990 9,079,288 1,231,371 4,073,048 5,304,420 3,774,869 58% Capital 5,000 112,229 150,000 8,199,783 137,500 22,693 160,193 8,039,590 2% Interfund Transfers Out 7,586,290 3,468,986 9,564,788 9,428,788 2,081,602 - 2,081,602 7,347,186 22% Total Expenditures 12,470,279 8,380,845 13,810,778 26,707,859 3,450,474 4,095,741 7,546,214 19,161,645 28% Net Surplus / (Deficit) 1,619,747 5,906,140 (1,057,923) (14,106,235) 611,736 (3,484,005) Beginning Cash Balance 17,389,466 19,044,274 24,795,353 Cash Adjustments 35,061 (155,061) - Ending Cash Balance 19,044,274 24,795,353 10,689,119 25,637,813 Cash Reserves Target 6,235,140 4,190,422 13,353,929 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Debt Service - 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 Park Bonds, the 2018 Zoo Bonds, and the 2021 LIT Infrastructure Bonds. | PSAP - Prior to 2022, this fund paid for the City's portion of the operating costs for the consolidated county-wide 911 call center called PSAP (Public Safety Answering Point). In 2021, the St. Joseph County Council passed a resolution to amend the local income tax rate and dedicate a portion of the certified shares income tax to fund PSAP. As a result, the City's certified shares distribution (received in Fund #404) will be reduced going forward, starting in 2022, and the budget for PSAP in this fund will be reduced to cover only the debt service payments for the 2014 PSAP Bonds. | New Admin Building - In March 2022, the Common Council approved an additional appropriation for $7.8 million for the purchase and renovation of South Bend Community School Corporation admininstration building. If the sale proceeds, the City of South Bend will move its offices from the County-City Building to the newly acquired building. | Interfund Transfers - This fund provides operating subsidies for the Department of Community Investment (DCI). Subsidies are provided to the Community Investment Division (Fund #211) and the Neighborhoods Division (Fund #219 & #230). DCI does not collect enough revenue to support its operations so the City makes up the difference with income tax dollars. | Community Investment - Various community and economic development initiatives administered by DCI are accounted for in this fund. 2022 DCI budgeted expenditures include: Business Development - $480k for workforce development, $250k for small business assistance, $100k for the South Bend Chamber of Commerce | Neighborhoods - $550k for vacant & abandoned demolitions, $450k for the Homeless Strategy ($75k contract position, $275k weather amnesty, $25k County coordinator support, $100k PSH leasing, $175k project support), $350k for the Home Repair Program, $50k for eviction prevention | Engagement - $255k for neighborhood organization support, $40k for consulting fees to support development of Civic Engagement Toolkit and Public Engagement Plan | Planning - $150k for development of two neighborhood plans, $35k for West Side Main Streets, $5k for public art - SB Mural Festival support, $10k for place making art grant |Property - $50k for appraisals, $100k for surveys, $226k for expenses related to Redevelopment owned properties, $50k for an alley stabilization pilot program, $107k for mowing of vacant lots. This fund was established to account for the receipt of the economic development component of the local income tax. Funds are used to items such as debt service payments, economic development, capital expenditures benefiting economic development street operations and other uses as deemed by the Mayor and Council. This fund receives the Economic Development portion of the City's Local Income Tax (LIT) revenue distribution. The City of South Bend receives an allocated share of the 0.4% income tax on wages within St. Joseph County. Local income tax revenue is determined annually by the Indiana Dept of Local Government Finance (DLGF). Income tax revenue is expected to decrease over the next couple years as a result of the COVID-19 pandemic. 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. The final payment of the TJX job penalty amount of $354,660 was 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. Cash Reserves Target 50% of Annual expenditures 152 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Equipment/Vehicle Leasing Fund Number 750 Fund Type Capital Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 682 17 - - - - - - Total Revenue 682 17 - - - - - - Expenditures by Type Services & Charges Debt Service Principal 355,128 - - - - - - - - Debt Service Interest & Fees 12,324 - - - - - - - - Total Services & Charges 367,452 - - - - - - - - Capital 300,278 - - - - - - - - Interfund Transfers Out 1,752 - - 347,697 347,697 - 347,697 - 100% Total Expenditures 669,482 - - 347,697 347,697 - 347,697 - 100% Net Surplus / (Deficit)(668,800) 17 - (347,697) (347,697) (347,697) Beginning Cash Balance 1,016,476 347,680 347,697 Cash Adjustments 3 - - Ending Cash Balance 347,680 347,697 - - Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Cash Reserves Target No reserve requirement - Capital lease fund - spend down to zero This fund was used to track the expenditures of capital lease proceeds used to purchase vehicles and equipment for City departments. The funds are held by an escrow agent and expended upon the provision by the City of a proper claim form and invoice. Historically, the City has used 5-year capital leases and received an interest rate around 2%. Debt service principal and interest payments are budgeted in individual departments. Starting in 2020, the City changed its accounting for capital leases. The balance of the lease proceeds held in escrow are now accounted for in the fund that is repaying the debt instead of a single leasing fund. Historically, this fund received revenue in the form of capital lease proceeds and interest earned on those proceeds while they were held in an escrow account. The 2017 Vehicle/Equip Lease #2 is the only remaining lease still being accounted for in this fund. The remaining balance in the escrow will be used towards repayment of the debt and therefore the balance of the escrow should be accounted for in the fund that is repaying the lease: Local Income Tax Certified Shares Fund (#404). In 2022, the remaining cash in this fund was transferred to Fund #404 and this fund was discontinued. 153 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name South Bend Redevelopment Authority Fund Number 752 Fund Type Debt Service Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 2,351 71 2,750 2,750 38 38 2,712 1% Interfund Transfers In 2,870,500 2,866,000 2,865,000 3,055,500 1,430,500 1,430,500 1,625,000 47% Total Revenue 2,872,851 2,866,071 2,867,750 3,058,250 1,430,538 1,430,538 1,627,712 47% Expenditures by Type Services & Charges Debt Service Principal 1,790,000 1,850,000 1,925,000 2,030,000 780,000 - 780,000 1,250,000 38% Debt Service Interest & Fees 1,073,013 1,006,069 934,282 1,014,328 451,178 - 451,178 563,150 44% Total Expenditures 2,863,013 2,856,069 2,859,282 3,044,328 1,231,178 - 1,231,178 1,813,150 40% Net Surplus / (Deficit)9,839 10,002 8,468 13,922 199,360 199,360 Beginning Cash Balance 222,584 232,423 242,425 Cash Adjustments - - - Ending Cash Balance 232,423 242,425 256,347 441,786 Cash Reserves Target 232,423 242,425 256,347 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for the bi-annual debt service principal and interest payments for various debt issued by the South Bend Redevelopment Authority. The South Bend Redevelopment Authority is a separate legal entity that is recorded in the City's Annual Comprehensive Financial Report (ACFR). This fund accounts for the trustee bank's receipt of debt service payments from the City, recorded as interfund transfers from the City funds that are funding the repayment of the debt. This fund also receives revenue from interest earned on the cash balance at the trustee bank. 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 St 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) • 2022 South Bend Redevelopment Authority Lease Rental Revenue Bonds, Morris Project - debt payments paid for by the Redevelopment General Fund (#433), final payment 2/1/46, (debt sched. #221) Cash Reserves Target 100% cash reserves per bond covenants 154 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name South Bend Building Corporation Fund Number 755 Fund Type Debt Service Funds Control City Funds 2022 2022 2022 2022 Total 2020 2021 Adopted Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 3,478 58 3,000 3,000 17 17 2,983 1% Debt Proceeds - 8,860,022 - - - - - - Interfund Transfers In 2,645,000 2,564,000 2,575,500 2,766,500 1,238,250 1,238,250 1,528,250 45% Total Revenue 2,648,478 11,424,080 2,578,500 2,769,500 1,238,267 1,238,267 1,531,233 45% Expenditures by Type Services & Charges Debt Service Principal 2,250,000 2,150,000 2,075,000 2,195,000 1,135,000 - 1,135,000 1,060,000 52% Debt Service Interest & Fees 379,968 635,015 487,480 556,956 253,778 - 253,778 303,179 46% Total Services & Charges 2,629,968 2,785,015 2,562,480 2,751,956 1,388,778 - 1,388,778 1,363,179 50% Interfund Transfers Out - 9,248,224 - - - - - - - Total Expenditures 2,629,968 12,033,240 2,562,480 2,751,956 1,388,778 - 1,388,778 1,363,179 50% Net Surplus / (Deficit) 18,510 (609,159) 16,020 17,544 (150,511) (150,511) Beginning Cash Balance 815,025 833,535 224,375 Cash Adjustments - - - Ending Cash Balance 833,535 224,375 241,919 73,865 Cash Reserves Target 833,535 224,375 241,919 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund accounts for bi-annual debt service principal and interest payments for various debt issued by 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 Annual Comprehensive Financial Report (ACFR). This fund accounts for the trustee bank's receipt of debt service payments from the City, recorded as interfund transfers from the City funds that are funding the repayment of the debt. This fund also receives revenue from interest earned on the cash balance at the trustee bank. In 2021, the City issued the LIT Lease Rental Revenue Bonds, Series 2021 (known as the 2021 LIT Infrastructure Bonds). The bonds were issued to fund street and neighborhood infrastructure projects. The bonds were closed on May 12, 2021 with a par amount of $7,610,000 and a premium of $1,250,022, a total of $8,860,022. The bonds have a net interest rate of 3.4%. The bond proceeds were deposited into this fund and transferred to the bond capital fund (#455). Current debt includes: • 2012 Fire Station/Police Dept Renovations Refunding Bonds, Refunding 2003 - debt payments paid for by River West TIF Fund (#324), final payment 2/1/23, (debt schedule #39) • 2013 EMS/Fire Station/Tower Bonds - debt payments paid for by the Fire Department Capital Fund (#287), final payment 2/1/33, (debt schedule #116) • 2021 LIT Infrastructure Bonds - debt payments paid for by the Local Income Tax Economic Development Fund (#408), final payment 8/15/37, (debt schedule #215) • 2022 Economic Development Revenue Bonds, Potawatomi Zoo Project - debt payments paid for by the Redevelopment General Fund (#433), final payment 2/1/42, (debt schedule #222) In 2021, the final payment for the 2010 Public Works Service Center Refunding Bonds (Refunding 2001) was made on 2/1/21, (debt schedule #36). The debt service reserve balance of $647,148 was disbursed by the trustee bank when the bonds were paid off. 87.7% was transferred to the River West TIF Fund (#324) and 12.3% was transferred to the Sewage Works Operating Fund (#641), the funds that repaid the debt. In 2021, the cost of issuance for the 2021 LIT Infrastructure bonds was accounted for in this fund. The remaining bond proceeds, after cost of issuance was deducted, was $8,601,026. That amount was transferred to the bond capital fund (#455) to be used towards the approved capital infrastructure projects. Cash Reserves Target 100% cash reserves per bond covenants 155 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name TIF - River West Development Area Fund Number 324 Fund Type Tax Increment Financing Funds Control Redevelopment Commission Controlled Funds 2022 2022 2022 2022 Total 2020 2019 Original Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Property Taxes 16,814,400 18,120,969 17,704,130 17,704,130 - - 17,704,130 0% Intergov./ Shared Revenues 381,500 383,000 396,500 396,500 200,000 200,000 196,500 50% Intergov./ Grants 13,844 868,707 - - 94,235 94,235 (94,235) - Charges for Services - - - - - - - - Interest Earnings 199,544 153,650 173,901 173,901 44,056 44,056 129,845 25% Donations 2,250 - - - - - - - Debt Proceeds 4,345,059 - - - - - - - Other Income 252,995 22,900 - - 128,455 128,455 (128,455) - Interfund Transfers In 35,560 585,315 - - 8 8 (8) - Total Revenue 22,045,151 20,134,540 18,274,531 18,274,531 466,754 466,754 17,807,777 3% Expenditures by Type Services & Charges Professional Services 1,082,200 714,611 425,000 830,266 160,173 264,877 425,049 405,217 51% Debt Service Principal 3,750,570 3,883,193 3,711,202 3,711,202 1,837,075 - 1,837,075 1,874,127 50% Debt Service Interest & Fees 1,329,981 958,715 813,204 813,204 427,107 - 427,107 386,098 53% Other Services & Charges 619,953 - - 250,000 250,000 - 250,000 - 100% Total Services & Charges 6,782,703 5,556,519 4,949,406 5,604,672 2,674,354 264,877 2,939,231 2,665,442 52% Capital 12,152,391 4,873,092 - 13,191,620 615,935 6,318,212 6,934,147 6,257,473 53% Interfund Transfers Out 5,085,022 5,013,303 4,710,000 4,710,000 2,357,500 - 2,357,500 2,352,500 50% Total Expenditures 24,020,117 15,442,915 9,659,406 23,506,292 5,647,789 6,583,088 12,230,878 11,275,415 52% Net Surplus / (Deficit)(1,974,965) 4,691,625 8,615,125 (5,231,761) (5,181,035) (11,764,124) Beginning Cash Balance 30,950,203 29,039,261 33,713,041 Cash Adjustments 64,024 (17,845) - Ending Cash Balance 29,039,261 33,713,041 28,481,280 28,528,304 Cash Reserves Target - - - 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 West Development Area and expenses of those funds on eligible development projects for this TIF area. Financing is provided by property tax proceeds in excess of those attributable to the assessed value of the property in the district before redevelopment. This fund also receives Hotel/Motel Tax (intergovernmental shared revenues). In 2020, bond proceeds were receipted into the fund. See explanation of bond below. In 2021, the final payment for the 2010 Public Works Service Center Refunding Bonds (Refunding 2001) was made on 2/1/21, (debt schedule #36). The debt service reserve balance of $647,148 was disbursed by the trustee bank when the bonds were paid off. 87.7% was transferred to the River West TIF Fund (#324) and 12.3% was transferred to the Sewage Works Operating Fund (#641), the funds that repaid the debt. Various projects and development opportunities include: funds to better leverage state and federal grant opportunities, neighborhood revitalization and improvements, development agreements aimed at increasing early childhood education capacity, and projects that were started in 2021 and will still be in process in 2022. TIF support will also be used for various Public Works projects, and development opportunities which may be presented to the Redevelopment Commission in 2022. Professional Services will cover mandatory administrative costs related to TIF neutralization calculations. This fund is also used to repay several bonds related to capital projects in the community. In 2020, bonds were issued to fund the St. Joseph County Public Library Community Education Center Project. The par amount of the bonds was $4,225,000 with a premium of $120,058.95. The bond proceeds were deposited into this fund. $4,000,000 went towards capital project expenses and the remaining amount went towards cost of issuance. The bonds are being repaid by this fund with the final payment due February 1, 2037. Cash Reserves Target No reserve requirement 156 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name TIF - West Washington Fund Number 422 Fund Type Tax Increment Financing Funds Control Redevelopment Commission Controlled Funds 2022 2022 2022 2022 Total 2020 2019 Original Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Property Taxes 237,261 348,856 283,927 283,927 - - 283,927 0% Interest Earnings 8,861 7,164 9,635 9,635 1,640 1,640 7,995 17% Other Income 300 - - - - - - - Total Revenue 246,422 356,020 293,562 293,562 1,640 1,640 291,922 1% Expenditures by Type Services & Charges Professional Services 55 45,544 - 4,456 - 1,200 1,200 3,256 27% Total Services & Charges 55 45,544 - 4,456 - 1,200 1,200 3,256 27% Capital 152,666 202,738 - 224,105 - 92,377 92,377 131,728 41% Total Expenditures 152,721 248,282 - 228,561 - 93,577 93,577 134,984 41% Net Surplus / (Deficit)93,701 107,738 293,562 65,001 1,640 (91,937) Beginning Cash Balance 1,031,822 1,127,293 1,235,031 Cash Adjustments 1,769 - - Ending Cash Balance 1,127,293 1,235,031 1,300,032 1,236,671 Cash Reserves Target - - - 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 West Washington Development Area and expenses of those funds on eligible development projects for this TIF area. Financing is provided by property tax proceeds in excess of those attributable to the assessed value of the property in the district before redevelopment. This fund receives revenue from interest earned on the fund's cash balance. In 2022, this fund will be primarily utilized to provide upgrades and programming at the Martin Luther King Jr. Community Center. Professional Services will cover mandatory administrative costs related to TIF neutralization calculations. Cash Reserves Target No reserve requirement 157 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name TIF - River East Development Area (NE Dev) Fund Number 429 Fund Type Tax Increment Financing Funds Control Redevelopment Commission Controlled Funds 2022 2022 2022 2022 Total 2020 2019 Original Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Property Taxes 2,997,091 4,328,968 3,822,890 3,822,890 - - 3,822,890 0% Interest Earnings 62,271 39,992 27,464 27,464 12,569 12,569 14,895 46% Other Income - 74,327 - - 16,850 16,850 (16,850) - Interfund Transfers In - 673,180 - - - - - - Total Revenue 3,059,362 5,116,467 3,850,354 3,850,354 29,419 29,419 3,820,935 1% Expenditures by Type Services & Charges Professional Services 82,784 67,611 - 665,224 131,729 462,585 594,314 70,910 89% Insurance - 523 - 221 - - - 221 0% Other Services & Charges - - - - - - - - - Total Services & Charges 82,784 68,133 - 665,445 131,729 462,585 594,314 71,131 89% Capital 5,418,511 1,336,457 - 5,413,357 114,617 2,113,358 2,227,975 3,185,382 41% Total Expenditures 5,501,295 1,404,591 - 6,078,801 246,345 2,575,943 2,822,289 3,256,513 46% Net Surplus / (Deficit)(2,441,932) 3,711,876 3,850,354 (2,228,447) (216,926) (2,792,870) Beginning Cash Balance 8,215,417 5,864,278 9,506,445 Cash Adjustments 90,793 (69,709) - Ending Cash Balance 5,864,278 9,506,445 7,277,998 9,289,519 Cash Reserves Target - - - 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 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. Financing is provided by property tax proceeds in excess of those attributable to the assessed value of the property in the district before redevelopment. This fund receives revenue from interest earned on the fund's cash balance. Various projects and development opportunities include: Completion of the City's commitment to the Wharf Phase II (Three Twenty Cascades), Robert Henry Neighborhood improvements, streetscape projects, Public Works projects, and various development opportunities which may be presented to the Redevelopment Commission in 2022. Professional Services will cover mandatory administrative costs related to TIF neutralization calculations. Cash Reserves Target No reserve requirement 158 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name TIF - Southside Development Area #1 Fund Number 430 Fund Type Tax Increment Financing Funds Control Redevelopment Commission Controlled Funds 2022 2022 2022 2022 Total 2020 2019 Original Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Property Taxes 3,081,721 2,981,728 1,815,749 1,815,749 - - 1,815,749 0% Interest Earnings 89,378 75,461 69,286 69,286 19,192 19,192 50,094 28% Total Revenue 3,171,100 3,057,189 1,885,035 1,885,035 19,192 19,192 1,865,843 1% Expenditures by Type Services & Charges Professional Services 140,498 162,661 - 668,761 42,480 340,914 383,395 285,366 57% Total Services & Charges 140,498 162,661 - 668,761 42,480 340,914 383,395 285,366 57% Capital 76,527 999,692 - 6,942,403 19,821 2,090,843 2,110,664 4,831,739 30% Total Expenditures 217,025 1,162,353 - 7,611,164 62,301 2,431,757 2,494,059 5,117,105 33% Net Surplus / (Deficit) 2,954,075 1,894,837 1,885,035 (5,726,129) (43,109) (2,474,866) Beginning Cash Balance 9,607,799 12,586,134 14,473,182 Cash Adjustments 24,260 (7,789) - Ending Cash Balance 12,586,134 14,473,182 8,747,053 14,430,073 Cash Reserves Target - - - 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 Southside Development Area #1 and expenses of those funds on eligible development projects for this TIF area. Financing is provided by property tax proceeds in excess of those attributable to the assessed value of the property in the district before redevelopment. This fund receives revenue from interest earned on the fund's cash balance. Various projects and development opportunities include: South East Master Plan Implementation, Public Works projects, $3 million for Fire Station #8, and various development opportunities which may be presented to the Redevelopment Commission in 2022. Cash Reserves Target No reserve requirement 159 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name TIF - Douglas Road Fund Number 435 Fund Type Tax Increment Financing Funds Control Redevelopment Commission Controlled Funds 2022 2022 2022 2022 Total 2020 2019 Original Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Property Taxes - 269,923 166,000 166,000 - - 166,000 0% Interest Earnings 1,154 687 3,511 3,511 207 207 3,304 6% Total Revenue 1,154 270,610 169,511 169,511 207 207 169,304 0% Expenditures by Type Services & Charges Professional Services 96,143 14,800 - 75,483 - 1,308 1,308 74,175 2% Total Services & Charges 96,143 14,800 - 75,483 - 1,308 1,308 74,175 2% Interfund Transfers Out - 91,370 - 178,553 178,553 - 178,553 - 100% Total Expenditures 96,143 106,170 - 254,036 178,553 1,308 179,861 74,175 71% Net Surplus / (Deficit) (94,989) 164,440 169,511 (84,525) (178,346) (179,654) Beginning Cash Balance 187,806 93,140 257,579 Cash Adjustments 322 - - Ending Cash Balance 93,140 257,579 173,055 79,233 Cash Reserves Target - - - 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 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. This fund receives revenue from interest earned on the fund's cash balance. Prior to pay year 2021, the Redevelopment Commission did not collect the excess tax increment for use in projects. For pay year 2021 and after, the Redevelopment Commission has determined it will collect the increment. This fund will help fund a portion of the Douglas Road utility relocation by repaying $300,517.13 to the Sewage Works Capital Fund (#642) for the City's share of the project. The repayment was started in 2021 and is anticipated to go through 2022 based on TIF revenue collections. Cash Reserves Target No reserve requirement 160 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name TIF - River East Residential Area (NE Res) Fund Number 436 Fund Type Tax Increment Financing Funds Control Redevelopment Commission Controlled Funds 2022 2022 2022 2022 Total 2020 2019 Original Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Property Taxes 5,308,975 6,299,000 5,978,380 5,978,380 - - 5,978,380 0% Interest Earnings 15,060 19,471 53,667 53,667 5,410 5,410 48,257 10% Total Revenue 5,324,035 6,318,471 6,032,047 6,032,047 5,410 5,410 6,026,637 0% Expenditures by Type Services & Charges Professional Services - 13,350 30,000 30,000 - - - 30,000 0% Debt Service Principal 409,383 427,037 445,524 445,524 220,397 - 220,397 225,127 49% Debt Service Interest & Fees 85,445 67,791 49,805 49,805 26,267 - 26,267 23,538 53% Total Services & Charges 494,828 508,178 525,329 525,329 246,664 - 246,664 278,665 47% Interfund Transfers Out 3,864,125 5,058,659 4,396,375 4,396,375 2,195,625 - 2,195,625 2,200,750 50% Total Expenditures 4,358,953 5,566,837 4,921,704 4,921,704 2,442,289 - 2,442,289 2,479,415 50% Net Surplus / (Deficit) 965,082 751,634 1,110,343 1,110,343 (2,436,879) (2,436,879) Beginning Cash Balance 3,706,897 4,678,334 5,429,968 Cash Adjustments 6,355 - - Ending Cash Balance 4,678,334 5,429,968 6,540,311 2,993,090 Cash Reserves Target - - - 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. This fund 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 on this bond. Professional Services will cover mandatory administrative costs related to TIF neutralization calculations. This fund is repaying two interfund loans (debt schedules #84 & #85). Principal and interest payments are made to the Major Moves Fund (#412). The loans will be paid off in 2024 and 2029. In 2021, in addition to debt service requirements, the fund was used for the first time to fund various projects within or abutting and serving the TIF area. Those projects are anticipated to be ongoing in 2022. The development in the area has resulted in higher net assessed values and therefore higher than anticipated TIF revenue collections. Cash Reserves Target No reserve requirement 161 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Airport 2003 Debt Reserve Fund Number 315 Fund Type Debt Service Funds Control Redevelopment Commission Controlled Funds 2022 2022 2022 2022 Total 2020 2019 Original Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 9,075 6,133 - - - - - - Total Revenue 9,075 6,133 - - - - - - Expenditures by Type Interfund Transfers Out 13,309 6,133 - - - - - - - Total Expenditures 13,309 6,133 - - - - - - - Net Surplus / (Deficit)(4,234) - - - - - Beginning Cash Balance 1,042,908 1,040,462 1,040,462 Cash Adjustments 1,788 - - Ending Cash Balance 1,040,462 1,040,462 1,040,462 1,040,462 Cash Reserves Target 1,040,462 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. Historically, this fund received revenue from interest earned on the fund's cash balance. In 2022, the City will change its interest earnings allocation methodology to deposit interest earned by this fund directly into the River West TIF Fund (#324) rather than transferring it. The debt service reserve will be used towards the last debt service payment due August 1, 2024. Cash Reserves Target 100% debt service reserve per bond covenants 162 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Airport 2003 Debt Reserve Fund Number 315 Fund Type Debt Service Funds Control Redevelopment Commission Controlled Funds 2022 2022 2022 2022 Total 2020 2019 Original Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 9,075 6,133 - - - - - - Total Revenue 9,075 6,133 - - - - - - Expenditures by Type Interfund Transfers Out 13,309 6,133 - - - - - - - Total Expenditures 13,309 6,133 - - - - - - - Net Surplus / (Deficit)(4,234) - - - - - Beginning Cash Balance 1,042,908 1,040,462 1,040,462 Cash Adjustments 1,788 - - Ending Cash Balance 1,040,462 1,040,462 1,040,462 1,040,462 Cash Reserves Target 1,040,462 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 South Bend Downtown Central Development Area TIF Redevelopment Authority bonds (debt schedule #5) for the Palais Royale project. Historically, this fund received revenue from interest earned on the fund's cash balance. In 2022, the City will change its interest earnings allocation methodology to deposit interest earned by this fund directly into the River West TIF Fund (#324) rather than transferring it. The debt service reserve will be used towards the last debt service payment due August 1, 2024. Cash Reserves Target 100% debt service reserve per bond covenants 163 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name 2018 TIF Park Bond Debt Service Fund Number 351 Fund Type Debt Service Funds Control Redevelopment Commission Controlled Funds 2022 2022 2022 2022 Total 2020 2019 Original Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 8,934 6,085 9,357 9,357 1,376 1,376 7,981 15% Total Revenue 8,934 6,085 9,357 9,357 1,376 1,376 7,981 15% Total Expenditures - - - - - - - - - Net Surplus / (Deficit)8,934 6,085 9,357 9,357 1,376 1,376 Beginning Cash Balance 1,018,984 1,029,665 1,035,750 Cash Adjustments 1,747 - - Ending Cash Balance 1,029,665 1,035,750 1,045,107 1,037,126 Cash Reserves Target 1,029,665 1,035,750 1,045,107 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 10590-18) 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 Redevelopment District Bonds, Series 2018 were closed on April 25, 2018 with a par amount of $11,995,000 and a premium of $96,103. The bonds have 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. - 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. 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. At the time of issuance, $993,495 was deposited into this fund to be held as a reserve. This fund receives revenue from interest earned on the cash balance held at the trustee bank. The debt service reserve will be used towards the last debt service payment due February 1, 2033. Cash Reserves Target 100% debt service reserve per bond covenants 164 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name 2019 South Shore Double Tracking Debt Service Fund Number 352 Fund Type Debt Service Funds Control Redevelopment Commission Controlled Funds 2022 2022 2022 2022 Total 2020 2019 Original Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 13 3 10 10 1 1 9 15% Interfund Transfers In 488,171 1,036,500 1,035,000 1,035,000 518,500 518,500 516,500 50% Total Revenue 488,184 1,036,503 1,035,010 1,035,010 518,501 518,501 516,509 50% Expenditures by Type Services & Charges Debt Service Principal 270,000 650,000 685,000 685,000 340,000 - 340,000 345,000 50% Debt Service Interest & Fees 247,313 377,750 344,750 344,750 176,625 - 176,625 168,125 51% Total Services & Charges 517,313 1,027,750 1,029,750 1,029,750 516,625 - 516,625 513,125 50% Total Expenditures 517,313 1,027,750 1,029,750 1,029,750 516,625 - 516,625 513,125 50% Net Surplus / (Deficit) (29,129) 8,753 5,260 5,260 1,876 1,876 Beginning Cash Balance 29,819 690 9,443 Cash Adjustments - - - Ending Cash Balance 690 9,443 14,703 11,319 Cash Reserves Target 690 9,443 14,703 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Cash Reserves Target 100% debt service reserve per bond covenants This fund is used to pay for the semi-annual payment of debt service principal and interest to the bondholders for the South Bend Redevelopment Authority Lease Rental Revenue Bonds of 2019 South Shore Double Tracking Project (debt schedule #200). The bonds were issued to fund the Northern Indiana Commuter Transportation District Main Line Double Tracking Project, which will be located partly within the geographical boundaries of the River West Development Area. The bonds were closed on December 28, 2019 with a par amount of $7,985,000 and a premium of $1,462,840.60. The bonds have a net interest rate of 5%. This fund receives interfund transfers from the River West TIF Fund (#324) in the amount of the lease rental payments per the debt schedule. This fund receives revenue from interest earned on the cash balance held at the trustee bank. At the time of issuance, $9,125,000 went towards the capital project, and the remaining amount went towards cost of issuance. Lease rental payments are due on January 15 and July 15 and bond payments are due on February 1 and August 1. The final bond payment is due February 1, 2030. 165 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name 2020 TIF Library Bond Debt Service Reserve Fund Number 353 Fund Type Debt Service Funds Control Redevelopment Commission Controlled Funds 2022 2022 2022 2022 Total 2020 2019 Original Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 2 16 10 10 5 5 5 54% Interfund Transfers In 326,938 - - - - - - - Total Revenue 326,939 16 10 10 5 5 5 54% Expenditures by Type Interfund Transfers Out - 11 - - 8 - 8 (8) - Total Expenditures - 11 - - 8 - 8 (8) - Net Surplus / (Deficit)326,939 5 10 10 (3) (3) Beginning Cash Balance - 326,939 326,944 Cash Adjustments - - - Ending Cash Balance 326,939 326,944 326,954 326,942 Cash Reserves Target 326,939 326,944 326,954 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: Cash Reserves Target 100% debt service reserve per bond covenants This fund was established to hold the debt service reserve for the Taxable Economic Development Tax Increment Revenue Bonds, Series 2020, Community Education Center Project (debt schedule #210). The bonds were issued to provide funds to the St. Joseph County Public Library for the purpose of construction, equipping, and furnishing of a new building for use as a community and education center to provide new and flexible spaces for community meeting and training, events and conferences, and a larger auditorium to meet increasing demand for program space and allow for a more diverse range of programs and community events. - The par amount of the bonds was $4,225,000 with a premium of $120,058.95. The bonds were closed on October 28, 2020 with a net interest rate of 3%. - The bond proceeds were deposited into the River West Development Area TIF Fund (#324). $4,000,000 went towards the capital project and the remaining amount went towards cost of issuance. - The bonds are being repaid by Fund #324, with bond payments due on February 1 and August 1. At the time of issuance, $326,937.50 was deposited into this fund to be held as a reserve. This fund receives revenue from interest earned on the cash balance held at the trustee bank. The debt service reserve will be used towards the last debt service payment due February 1, 2037. 166 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Redevelopment General Fund Number 433 Fund Type Capital Funds Control Redevelopment Commission Controlled Funds 2022 2022 2022 2022 Total 2020 2019 Original Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Local Income Taxes 24,117 3,543 7,000 556 31 31 525 6% Hotel/Motel Taxes - - - 381,500 - - 381,500 0% Interest Earnings 11,827 13,014 24,072 24,072 4,149 4,149 19,923 17% Donations 1,449,512 1,411,877 1,000,000 1,000,000 - - 1,000,000 0% Other Income - 1,000 - - - - - - Interfund Transfers In 150,000 - 150,000 150,000 - - 150,000 0% Total Revenue 1,635,456 1,429,434 1,181,072 1,556,128 4,179 4,179 1,551,948 0% Expenditures by Type Services & Charges Professional Services 1,657 91 4,500 4,500 - - - 4,500 0% Grants & Subsidies 666,323 538,272 - 605,283 117,175 208,108 325,283 280,000 54% Total Services & Charges 667,979 538,363 4,500 609,783 117,175 208,108 325,283 284,500 53% Capital 2,214 - - - - - - - - Interfund Transfers Out - 147,786 - 381,500 - - - 381,500 0% Total Expenditures 670,193 686,149 4,500 991,283 117,175 208,108 325,283 666,000 33% Net Surplus / (Deficit) 965,263 743,285 1,176,572 564,845 (112,996) (321,104) Beginning Cash Balance 1,476,915 2,444,710 3,187,994 Cash Adjustments 2,532 - - Ending Cash Balance 2,444,710 3,187,994 3,752,839 3,074,999 Cash Reserves Target 167,548 171,537 247,821 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: 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. Starting in 2021, one of the Mayoral appointees is required to be a South Bend Community School Corporation Board of Trustees voting member. Prior to 2021, there was one additional member from the South Bend Community School Corporation Board of School Trustees, appointed by the Mayor as a non-voting adviser to the Commission. Starting in 2022, this fund will begin receiving hotel/motel tax revenue, remitted to the City by St. Joseph County. --- In 2022, the City issued revenue bonds, backed by the Hotel/Motel tax revenue, to fund capital improvements to the Morris Performing Arts Center and Potawatomi Zoo. The Morris bonds debt service payments are tracked in the South Bend Redevelopment Authority Debt Service Fund (#752) and the Zoo bonds debt service payments are tracked in the South Bend Building Corporation Fund (#755). The hotel/motel taxes received in this fund will be transferred to debt service funds for the repayment of the bonds. Starting in 2019, this fund receives the South Bend Redevelopment Commission's portion of the Local Income Tax (LIT) distribution from the State. Starting in 2018, the City of South Bend will receive donations 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 to be split between the General Fund (#101) and the Redevelopment General Fund (#433). This fund also receives revenue from interest earned on the fund's cash balance. 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. 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. In 2022, projects will be aimed at addressing: Non-traditional financial capital and education, responsive neighborhood based amenities, and supporting the creation and growth of small businesses. Interfund Transfers Out are budgeted for the transfer of hotel/motel tax revenues from this fund to the debt service funds repaying the Morris and Zoo bonds (issued 2022). Cash Reserves Target 25% of Annual expenditures 167 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Certified Technology Park Fund Number 439 Fund Type Capital Funds Control Redevelopment Commission Controlled Funds 2022 2022 2022 2022 Total 2020 2019 Original Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 96 65 101 101 15 15 86 15% Total Revenue 96 65 101 101 15 15 86 15% Expenditures by Type Services & Charges Professional Services - - - - - - - - - Other Services & Charges - - - - - - - - - Total Services & Charges - - - - - - - - - Capital - - - - - - - - - Total Expenditures - - - - - - - - - Net Surplus / (Deficit)96 65 101 101 15 15 Beginning Cash Balance 10,965 11,080 11,145 Cash Adjustments 19 - - Ending Cash Balance 11,080 11,145 11,246 11,160 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established (ordinance 10148-12) to account for the collection of a special state tax distribution received at the end of 2011 and the use of those funds for improvements at Innovation Park and Ignition Park, the city's dual-campus technology park. From 2011 to 2014, this fund received $4,399,838 from a special state tax distribution for certified technology parks. Since then, this fund’s only source of revenue is interest earned on the fund's cash balance. 2019 funds were budgeted for the new Technology Resource Center (opened during 2019). The Technology Resource Center (TRC) in South Bend’s Ignition Park was built to democratize technology in our region. All will be welcome to the TRC to learn about technology and data, gain skills, and co-build an inclusive tech future for South Bend. A co- location between South Bend Code School, the City’s Civic Innovation & Analytics Divisions, and Bloomberg-funded Commuters Trust, the space will be home to technology and data training, cross-sector “Beta City” collaborations, and public programming about regional innovation. Cash Reserves Target No reserve requirement 168 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name 2018 TIF Park Bond Capital Fund Number 452 Fund Type Capital Funds Control Redevelopment Commission Controlled Funds 2022 2022 2022 2022 Total 2020 2019 Original Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 28,865 15,033 - - 3,232 3,232 (3,232) - Total Revenue 28,865 15,033 - - 3,232 3,232 (3,232) - Expenditures by Type Services & Charges Professional Services 86,969 - - 30,888 - - - 30,888 0% Total Services & Charges 86,969 - - 30,888 - - - 30,888 0% Capital 1,427,387 188,982 - 2,358,136 - 2,225,241 2,225,241 132,895 94% Total Expenditures 1,514,357 188,982 - 2,389,024 - 2,225,241 2,225,241 163,783 93% Net Surplus / (Deficit)(1,485,491) (173,950) - (2,389,024) 3,232 (2,222,009) Beginning Cash Balance 4,085,672 2,614,468 2,433,236 Cash Adjustments 14,287 (7,283) - Ending Cash Balance 2,614,468 2,433,236 44,212 2,436,468 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established 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. The Redevelopment District Bonds, Series 2018 were closed on April 25, 2018 with a par amount of $11,995,000 and a premium of $96,103. The bonds have a net interest rate of 2.971%. The net proceeds after bond issuance costs were $11,818,495. $993,495 was deposited into the 2018 TIF Park Bond Debt Service Fund (#351) per the bond agreement. The remaining $10,825,000 was deposited into this fund to be used towards the approved capital projects. 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. Cash Reserves Target No reserve requirement - Bond capital fund - spend down to zero 169 City of South Bend, Indiana Monthly Financial Report April 30, 2022 Fund Name Airport Urban Enterprise Zone Fund Number 454 Fund Type Capital Funds Control Redevelopment Commission Controlled Funds 2022 2022 2022 2022 Total 2020 2019 Original Amended Year-to-Date Current Year-to-Date Budget Percent of Actual Actual Budget Budget Actual Encumbrances & Encumb. Balance Budget Revenue Interest Earnings 3,540 2,411 2 2 545 545 (543) 27255% Total Revenue 3,540 2,411 2 2 545 545 (543) 27255% Expenditures by Type Services & Charges Professional Services - - - - - - - - - Other Services & Charges - - - - - - - - - Total Services & Charges - - - - - - - - - Capital - - - - - - - - - Total Expenditures - - - - - - - - - Net Surplus / (Deficit)3,540 2,411 2 2 545 545 Beginning Cash Balance 403,750 407,982 410,393 Cash Adjustments 692 - - Ending Cash Balance 407,982 410,393 410,395 410,938 Cash Reserves Target - - - Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: This fund was established in 2009 to receive property tax proceeds derived from parcels located in the Airport Economic Development Area that are also located in the Urban Enterprise Zone, as provided and permitted by Indiana law (IC 36-7-14-39(g)). All sums of money collected are to be used for programs in job training, job enrichment, and basic skill development that are designed to benefit residents and employers in the Urban Enterprise Zone and for other purposes permitted within IC 36-7-14-39 and other applicable Tax Increment Finance State law. In the past, a majority of this fund's 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. Cash Reserves Target No reserve requirement 170