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Home My WebLink About2022-06 - 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 June 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 June 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 all budgeted expenditures are spent. 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 Managers). 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 in bond covenants. Changes in Cash Balance Property taxes are received in June and December of each year and this will cause the cash balances to fluctuate for total cash, redevelopment fund cash and civil city fund cash. Enterprise fund cash balances will fluctuate based on the receipt of bond proceeds and the spending down of cash on capital projects. Redevelopment fund cash accounts will vary based on capital spending on projects in tax increment financing (TIF) funds. Negative Cash Balances Due to the timing of revenue and expenditures, certain funds will not meet cash reserve requirements and may even have a negative cash balance at different times throughout the year. Although a fund has a negative cash balance, the City does not have negative cash overall. Pooled cash can cover those funds so necessary expenditures can be made even if revenues have not been received yet. 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 June 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) 6/30/2022 Requirement Reserve Req. City Controlled Funds 101 General Fund 54,208,073 38,859,462 36,852,857 326,124 2,332,728 56,540,801 39,933,603 16,607,198 Special Revenue Funds 102 Rainy Day 10,910,077 30,582 - - 30,582 10,940,660 8,717,131 2,223,529 201 Parks & Recreation 5,865,858 9,962,341 8,349,325 164,215 1,777,232 7,643,090 4,955,940 2,687,150 202 Motor Vehicle Highway 4,772,416 5,330,370 4,860,629 43,327 513,068 5,285,483 2,964,038 2,321,445 209 Studebaker-Oliver Revitalizing Grants 692,248 1,932 7,188 - (5,256) 686,992 - - 210 Economic Development State Grants 26,876 20,880 180,676 48,701 (111,095) (84,219) - - 211 Dept of Community Investment Operating 394,125 1,720,942 1,841,459 4,114 (116,402) 277,723 - - 212 Dept of Community Investment Grants 409,818 689,282 970,263 (16,609) (297,590) 112,228 - - 216 Police State Seizures 173,825 5,290 - - 5,290 179,115 11,125 167,990 217 Gift, Donation, Bequest 978,522 203,138 144,850 6,868 65,157 1,043,679 - - 218 Police Curfew Violations 13,880 178 13,888 (171) (13,880) - - - 219 Unsafe Building 764,981 8,845 7,120 - 1,725 766,706 - - 220 Law Enforcement Continuing Education 378,981 466,890 377,628 34,883 124,146 503,128 130,892 372,236 221 Rental Units Regulation 87,416 67,863 48,700 (250) 18,913 106,328 - - 227 Loss Recovery 414,099 1,161 - - 1,161 415,260 - - 230 Code Enforcement 497,492 2,129,306 1,682,991 5,032 451,346 948,838 - - 249 Local Income Tax - Public Safety 3,844,465 4,824,447 6,344,520 - (1,520,073) 2,324,392 - - 251 Local Road & Street 2,349,376 1,031,539 889,344 14,730 156,926 2,506,302 - - 257 LOIT Special Distribution 245,630 689 - - 689 246,319 - - 258 Human Rights Federal Grants 426,544 5,225 105,823 5,667 (94,932) 331,612 - - 263 American Rescue Plan 29,536,642 29,533,423 2,072,830 - 27,460,593 56,997,235 - - 264 COVID-19 Response - 255,995 301,936 6,395 (39,546) (39,546) - - 265 Local Road & Bridge Grant 704,875 702,627 439,744 98,617 361,500 1,066,375 - - 266 MVH Restricted 2,042,332 2,448,780 1,370,849 33,318 1,111,250 3,153,582 - - 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 79 - - 79 28,181 2,500 25,681 291 Indiana River Rescue 360,311 65,390 64,587 (18,091) (17,289) 343,023 24,840 318,183 292 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 89,228 34,145 9,923 65,006 125,243 19,625 105,618 404 Local Income Tax - Certified Shares 18,631,245 7,350,668 7,214,079 3,407 139,996 18,771,241 8,798,204 9,973,037 408 Local Income Tax - Economic Development 24,795,353 6,818,848 5,274,827 230,359 1,774,380 26,569,734 14,891,429 11,678,304 410 Urban Development Action Grant 27,182 55,137 12,000 - 43,137 70,319 - - 655 Project ReLeaf 282,057 264,471 221,942 20,026 62,554 344,611 112,427 232,184 705 Police K-9 Unit 2,435 1 2,436 - (2,435) - - - 730 City Cemetery 30,218 85 - - 85 30,303 - - 731 Bowman Cemetery 475,369 1,333 - - 1,333 476,702 400,000 76,702 754 Industrial Revolving Fund 3,700,843 3,981,289 3,595,945 337,067 722,411 4,423,254 - - Total Special Revenue Funds 114,485,206 78,068,563 46,970,593 1,031,529 32,129,499 146,614,704 41,028,151 30,182,059 Debt Service Funds 312 2017 Parks Bond Debt Service 184,163 664,673 572,683 - 91,990 276,153 - - 350 2018 Fire Station #9 Bond Debt Service - 172,866 172,866 - - - - - 672 Century Center Energy Conservation Debt Svc 196,702 289,694 200,952 - 88,742 285,444 - - 752 South Bend Redevelopment Authority 242,425 1,430,626 1,596,941 - (166,315) 76,111 76,111 - 755 South Bend Building Corporation 224,375 1,238,301 1,388,778 - (150,477) 73,899 73,899 - 756 2015 Smart Streets Bond Debt Service 1,742,699 858,046 855,434 - 2,611 1,745,310 1,745,310 - 757 2015 Parks Bond Debt Service 587,763 185,474 187,141 - (1,667) 586,097 586,097 - 760 2017 Eddy Street Commons Bond Debt Service 3,668,611 962,718 962,625 - 93 3,668,705 2,500,000 1,168,705 Total Debt Service Funds 6,846,739 5,802,397 5,937,418 - (135,021) 6,711,718 4,981,416 1,168,705 Capital Funds 287 Fire Department Capital 2,758,339 2,365,526 1,375,074 - 990,452 3,748,790 - - 401 Coveleski Stadium Capital 814 274 9,429 - (9,154) (8,340) - - 406 Cumulative Capital Development 286,746 285,885 255,747 - 30,138 316,884 - - 407 Cumulative Capital Improvement 651,096 97,785 131,673 - (33,888) 617,208 - - 412 Major Moves Construction 1,889,193 252,383 62,400 222 190,204 2,079,397 - - 413 Professional Sports Convention Development Area 775,632 1,226,789 1,010,038 7,605 224,357 999,989 - - 416 Morris Performing Arts Center Capital 1,912,926 6,507,108 680,117 - 5,826,991 7,739,917 - - 450 Palais Royale Historic Preservation 93,481 4,250 - - 4,250 97,732 - - 451 2018 Fire Station #9 Bond Capital 316,090 886 - - 886 316,976 - - 453 Zoo Bond Capital - 5,891,870 318,188 - 5,573,682 5,573,682 - - 455 2021 Infrastructure Bond Capital 3,836,482 9,348 1,211,127 153,591 (1,048,188) 2,788,293 - - 471 2017 Parks Bond Capital 4,259,726 11,504 324,418 1,358 (311,557) 3,948,169 - - 750 Equipment/Vehicle Leasing 347,697 - 347,697 - (347,697) - - - 759 2017 Eddy Street Commons Bond Capital 25,763 25,564 - (25,564) 1 25,764 - - Total Capital Funds 17,153,985 16,679,173 5,725,908 137,212 11,090,477 28,244,462 - - 4 City of South Bend Report of Changes in Cash Balance January 1, 2022 through June 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) 6/30/2022 Requirement Reserve Req. Enterprise Funds 600 Consolidated Building 2,102,372 795,773 940,594 41 (144,780) 1,957,592 511,713 1,445,878 601 Parking Garages 907,380 432,857 582,933 - (150,075) 757,305 353,374 403,931 602 Morris Performing Arts Center Operations - 1,486,775 557,321 780 930,233 930,233 168,358 761,875 610 Solid Waste Operations 906,471 3,670,880 4,375,001 184,185 (519,935) 386,535 710,676 (324,141) 611 Solid Waste Capital 779,163 2,244,986 1,166,756 - 1,078,230 1,857,392 - - 620 Water Works Operations 6,550,457 9,992,444 11,918,220 251,687 (1,674,088) 4,876,369 1,210,680 3,665,688 622 Water Works Capital 9,672,979 2,043,133 573,451 108,525 1,578,207 11,251,186 - - 624 Water Works Customer Deposit 1,279,314 - - 8,332 8,332 1,287,647 1,287,647 - 625 Water Works Sinking (Debt Service)- 1,331,214 195,123 - 1,136,091 1,136,091 - - 626 Water Works Bond Reserve 1,422,804 19 - - 19 1,422,823 1,422,823 - 629 Water Works Operations & Maintenance Reserve 2,912,652 15,296 - - 15,296 2,927,948 2,927,948 - 640 Sewer Repair Insurance 2,003,861 405,582 470,179 50,047 (14,550) 1,989,310 188,267 1,801,043 641 Sewage Works Operations 13,825,371 20,982,152 21,437,901 795,046 339,297 14,164,668 2,286,325 11,878,343 642 Sewage Works Capital 14,359,708 2,092,695 2,198,065 21,185 (84,185) 14,275,523 - - 643 Sewage Works Operations & Maintenance Reserve 5,550,801 - - - - 5,550,801 5,160,100 390,701 649 Sewage Sinking (Debt Service)- 5,567,542 633,696 - 4,933,846 4,933,846 - - 653 Sewage Debt Service Reserve 3,749,760 - - - - 3,749,760 3,749,760 - 654 Sewage Works Customer Deposit 903,840 - - 106,967 106,967 1,010,807 1,010,807 - 667 Storm Sewer 1,604,154 606,957 325,240 44,686 326,403 1,930,557 - - 670 Century Center Operations 194,350 2,200,300 1,859,062 (121,581) 219,658 414,008 1,023,739 (609,732) 671 Century Center Capital 983,710 49 - - 49 983,759 800,000 183,759 Total Enterprise Funds 69,709,146 53,868,655 47,233,542 1,449,900 8,085,013 77,794,160 22,812,218 77,794,160 Internal Service Funds 222 Central Services 658,666 4,593,036 4,991,858 369,485 (29,337) 629,329 887,373 (258,044) 226 Liability Insurance 6,100,867 1,732,300 694,001 25,846 1,064,145 7,165,011 3,251,539 3,913,472 278 Police Take Home Vehicle 698,546 22,487 - - 22,487 721,033 750,000 (28,967) 279 IT / Innovation / 311 Call Center 3,482,865 5,268,566 4,586,988 122,360 803,938 4,286,803 - - 711 Self-Funded Employee Benefits 10,786,414 8,546,228 8,162,107 18,866 402,986 11,189,401 4,599,966 6,589,435 713 Unemployment Compensation - 55,690 25,192 25,192 55,690 55,690 20,000 35,690 714 Parental Leave 226,711 127,911 37,014 - 90,897 317,607 20,308 297,299 Total Internal Service Funds 21,954,068 20,346,217 18,497,161 561,750 2,410,806 24,364,874 9,529,185 10,548,885 Fiduciary Funds 701 Fire Pension 420,180 2,036,815 2,055,532 - (18,717) 401,463 458,389 (56,926) 702 Police Pension 560,923 3,011,159 3,002,541 - 8,617 569,540 605,774 (36,234) 718 State Tax Withholding Fund 795,612 - - (466,657) (466,657) 328,955 328,955 - 725 Morris / Palais Box Office 791,599 - - (126,908) (126,908) 664,690 664,690 - 726 Police Distributions Payable 1,641,403 - - (642,830) (642,830) 998,573 998,573 - Total Fiduciary Funds 4,209,716 5,047,974 5,058,073 (1,236,395) (1,246,494) 2,963,222 3,056,381 (93,160) Total City Controlled Funds 288,566,933 218,672,441 166,275,553 2,270,119 54,667,007 343,233,940 121,340,955 136,207,847 Redevelopment Commission Controlled Funds Tax Increment Financing Funds 324 TIF - River West Development Area 33,713,041 10,390,514 7,085,247 621,335 3,926,603 37,639,643 - - 422 TIF - West Washington 1,235,031 154,506 - - 154,506 1,389,536 - - 429 TIF - River East Development Area (NE Dev)9,506,445 2,468,025 602,367 308,872 2,174,530 11,680,975 - - 430 TIF - Southside Development Area #1 14,473,182 1,552,557 932,053 264,351 884,855 15,358,037 - - 435 TIF - Douglas Road 257,579 194,791 179,861 - 14,930 272,509 - - 436 TIF - River East Residential Area (NE Res)5,429,968 3,554,392 2,443,789 - 1,110,603 6,540,572 - - Total Tax Increment Financing Funds 64,615,246 18,314,785 11,243,317 1,194,559 8,266,027 72,881,273 - - Redevelopment Funds 433 Redevelopment General 3,187,994 9,137 245,742 1,750 (234,855) 2,953,140 285,321 2,667,819 439 Certified Technology Park 11,145 31 - - 31 11,176 - - 452 2018 TIF Park Bond Capital 2,433,236 6,821 15,662 15,662 6,821 2,440,056 - - 454 Airport Urban Enterprise Zone 410,393 1,150 - - 1,150 411,544 - - Total Redevelopment Funds 6,042,769 17,140 261,404 17,412 (226,852) 5,815,916 285,321 2,667,819 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 2,903 - - 2,903 1,038,653 1,038,653 - 352 2019 South Shore Double Tracking Debt Service 9,443 518,502 516,625 - 1,877 11,319 11,319 - 353 2020 TIF Library Bond Debt Service Reserve 326,944 8 8 - - 326,944 326,944 - Total Debt Service Funds 4,152,094 521,413 516,633 - 4,780 4,156,874 4,156,874 - Total Redevelopment Commission Funds 74,810,109 18,853,338 12,021,354 1,211,970 8,043,954 82,854,063 4,442,194 2,667,819 Grand Total 363,377,042 237,525,779 178,296,907 3,482,089 62,710,961 426,088,003 125,783,149 138,875,666 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 73,217,720 114,096,009 - (40,878,289) 13,329,785 Special Revenue Funds 102 Rainy Day 10,910,077 99,340 - - 99,340 11,009,417 201 Parks & Recreation 5,865,858 17,505,813 19,823,760 - (2,317,947) 3,547,911 202 Motor Vehicle Highway 4,772,416 9,922,075 11,856,151 - (1,934,076) 2,838,339 209 Studebaker-Oliver Revitalizing Grants 692,248 5,942 262,443 - (256,501) 435,747 210 Economic Development State Grants 26,876 577,360 604,236 - (26,876) - 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 978,522 246,270 740,289 - (494,019) 484,503 218 Police Curfew Violations 13,880 8 18,799 4,911 (13,880) - 219 Unsafe Building 764,981 70,871 23,000 - 47,871 812,852 220 Law Enforcement Continuing Education 378,981 827,245 523,568 - 303,677 682,658 221 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 4,880,820 5,129,435 - (248,615) 248,877 249 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 245,630 843 56,950 - (56,107) 189,523 258 Human Rights Federal Grants 426,544 155,250 248,783 - (93,533) 333,012 263 American Rescue Plan 29,536,642 29,545,024 13,510,000 - 16,035,024 45,571,666 264 COVID-19 Response - 1,166,853 1,166,853 - - - 265 Local Road & Bridge Grant 704,875 2,002,427 2,923,443 - (921,016) (216,141) 266 MVH Restricted 2,042,332 3,946,792 5,070,313 - (1,123,521) 918,812 273 Morris PAC / Palais Royale Marketing 74,809 43 100,000 25,148 (74,809) - 274 Morris PAC Self-Promotion 264,010 150 410,000 145,840 (264,010) - 280 Police Block Grants 4,162 2 4,338 174 (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 83 175,000 28,589 (146,328) - 295 COPS MORE Grant 45,349 30 145,808 100,429 (45,349) - 299 Police Federal Drug Enforcement 60,237 89,724 78,500 - 11,224 71,461 404 Local Income Tax - Certified Shares 18,631,245 12,096,973 17,596,408 - (5,499,435) 13,131,810 408 Local Income Tax - Economic Development 24,795,353 13,315,608 29,782,859 - (16,467,251) 8,328,103 410 Urban Development Action Grant 27,182 55,275 24,000 - 31,275 58,457 655 Project ReLeaf 282,057 490,012 449,708 - 40,304 322,361 705 Police K-9 Unit 2,435 1 2,520 84 (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 4,804,698 4,918,709 - (114,011) 3,586,831 Total Special Revenue Funds 114,485,206 128,688,264 147,826,103 305,175 (18,832,664) 95,652,539 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 June 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 June 30, 2022 Projected Cash Balance Capital Funds 287 Fire Department Capital 2,758,339 4,276,873 6,798,339 - (2,521,466) 236,873 401 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 1,889,193 499,578 1,789,238 - (1,289,660) 599,533 413 Professional Sports Convention Development Area 775,632 1,503,000 3,602,900 - (2,099,900) (1,324,268) 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 8,320 35,000 - (26,680) 66,801 451 2018 Fire Station #9 Bond Capital 316,090 1,250 - - 1,250 317,340 453 Zoo Bond Capital - 5,891,800 5,891,800 - - - 455 2021 Infrastructure Bond Capital 3,836,482 12,000 3,815,260 - (3,803,260) 33,222 471 2017 Parks Bond Capital 4,259,726 14,801 4,264,527 - (4,249,726) 10,000 750 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 19,499,021 36,048,229 - (16,549,208) 604,777 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 6,727,723 7,106,763 - (379,040) 527,431 611 Solid Waste Capital 779,163 2,684,437 3,463,022 - (778,585) 578 620 Water Works Operations 6,550,457 21,870,448 24,213,606 - (2,343,158) 4,207,299 622 Water Works Capital 9,672,979 4,213,704 12,735,287 - (8,521,583) 1,151,396 624 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 22 - - 22 1,422,826 629 Water Works Operations & Maintenance Reserve 2,912,652 15,296 - - 15,296 2,927,948 640 Sewer Repair Insurance 2,003,861 723,687 753,069 - (29,382) 1,974,479 641 Sewage Works Operations 13,825,371 39,446,578 45,726,498 - (6,279,920) 7,545,451 642 Sewage Works Capital 14,359,708 4,225,053 14,614,348 - (10,389,295) 3,970,413 643 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 1,238,842 2,271,456 - (1,032,614) 571,540 670 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 69,709,146 103,851,677 133,927,453 - (30,075,776) 39,633,370 Internal Service Funds 222 Central Services 658,666 8,878,405 8,873,729 - 4,676 663,341 226 Liability Insurance 6,100,867 3,429,594 6,503,078 - (3,073,484) 3,027,383 278 Police Take Home Vehicle 698,546 26,154 50,000 - (23,846) 674,700 279 IT / Innovation / 311 Call Center 3,482,865 10,122,770 11,054,062 - (931,292) 2,551,573 711 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 39,446,601 45,214,579 - (5,767,978) 16,186,090 Fiduciary Funds 701 Fire Pension 420,180 4,066,011 4,583,888 - (517,877) (97,697) 702 Police Pension 560,923 6,021,412 6,057,740 - (36,328) 524,595 Total Fiduciary Funds 981,103 10,087,423 10,641,628 - (554,205) 426,898 Total City Controlled Funds 285,338,320 386,537,015 499,476,804 305,175 (112,634,614) 172,703,703 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 June 30, 2022 Projected Cash Balance Redevelopment Commission Controlled Funds Tax Increment Financing Funds 324 TIF - River West Development Area 33,713,041 18,289,932 25,071,685 - (6,781,753) 26,931,288 422 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 9,673,505 - (7,788,470) 6,684,712 435 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 30,520,441 46,228,292 - (15,707,851) 48,907,396 Redevelopment Funds 433 Redevelopment General 3,187,994 1,556,128 1,141,283 - 414,845 3,602,839 439 Certified Technology Park 11,145 101 - - 101 11,246 452 2018 TIF Park Bond Capital 2,433,236 8,000 2,389,024 - (2,381,024) 52,212 454 Airport Urban Enterprise Zone 410,393 1,502 - - 1,502 411,895 Total Redevelopment Funds 6,042,769 1,565,731 3,530,307 - (1,964,576) 4,078,192 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 33,130,549 50,788,348 - (17,657,799) 57,152,309 Grand Total 360,148,428 419,667,564 550,265,152 305,175 (130,292,413) 229,856,013 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 Requirement222 Central Services629,329 15,585 613,744 887,373 (273,629) 7% Charges for services came in under budget10% of Annual expenditures278 Police Take Home Vehicle721,033 - 721,033 750,000 (28,967) 1442%One large claim in 2019, continuing to build cash reserves back upSet dollar amount of $750,000610 Solid Waste Operations386,535 615,661 (229,126) 710,676 (939,802) -3%Large dollar amount of encumbrances is for tipping fees to be invoiced throughout the year10% of Annual expenditures670 Century Center Operations414,008 66,338 347,669 1,023,739 (676,070) 8% Hotel/motel tax revenue to be received in July25% of Annual expenditures701 Fire Pension401,463 - 401,463 458,389 (56,926) 9% Slightly under reserve requirement10% of Annual expenditures702 Police Pension569,540 - 569,540 605,774 (36,234) 9% Slightly under reserve requirement10% of Annual expendituresUnder Reserve Requirement Total3,121,908$ 697,584$ 2,424,323$ 4,435,951$ (2,011,628)$ Meets or Exceeds Requirement101 General Fund56,540,801 4,068,128 52,472,673 39,933,603 12,539,070 46% Property tax distribution received in June & Dec35% of Annual expenditures201 Parks & Recreation7,643,090 2,039,117 5,603,973 4,955,940 648,033 28% Property tax distribution received in June & Dec25% of Annual expenditures102 Rainy Day10,940,660 - 10,940,660 8,717,131 2,223,529 4%3% of total expenditures in previous fiscal year for Civil City Funds, less interfund transfers out202 Motor Vehicle Highway5,285,483 1,312,182 3,973,302 2,964,038 1,009,264 34%25% of Annual expenditures216 Police State Seizures179,115 - 179,115 11,125 167,990 403%25% of Annual expenditures220 Law Enforcement Continuing Education 503,128 60,761 442,366 130,892 311,474 84%25% of Annual expenditures226 Liability Insurance7,165,011 2,805,958 4,359,053 3,251,539 1,107,514 67%50% of Annual expenditures289 Haz-Mat28,181 - 28,181 2,500 25,681 282%25% of Annual expenditures291 Indiana River Rescue343,023 16,940 326,083 24,840 301,243 328%25% of Annual expenditures299 Police Federal Drug Enforcement125,243 25,834 99,409 19,625 79,784 127%25% of Annual expenditures315 Airport 2003 Debt Reserve1,040,462 - 1,040,462 1,040,462 - 100%100% debt service reserve per bond covenants328 SBCDA 2003 Debt Reserve1,739,495 - 1,739,495 1,739,495 - 100%100% debt service reserve per bond covenants351 2018 TIF Park Bond Debt Service1,038,653 - 1,038,653 1,038,653 - 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 Reserve326,944 - 326,944 326,944 - 100%100% debt service reserve per bond covenants404 Local Income Tax - Certified Shares18,771,241 2,916,704 15,854,536 8,798,204 7,056,333 90%50% of Annual expenditures408Local Income Tax - Economic Development26,569,734 3,845,322 22,724,411 14,891,429 7,832,982 76%50% of Annual expenditures433 Redevelopment General2,953,140 209,541 2,743,599 285,321 2,458,278 240%25% of Annual expenditures600 Consolidated Building1,957,592 662 1,956,930 511,713 1,445,216 96%25% of Annual expenditures601 Parking Garages757,305 166,733 590,572 353,374 237,198 42%25% of Annual expenditures602 Morris Performing Arts Center Operations 930,233 30,392 899,841 168,358 731,483 53%10% of Annual expenditures620 Water Works Operations4,876,369 1,140,817 3,735,552 1,210,680 2,524,871 15%5% of Annual expendituresJune 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 PolicyJune 30, 2022624 Water Works Customer Deposit1,287,647 - 1,287,647 1,287,647 - 100%100% cash reserves for customer deposits626 Water Works Bond Reserve1,422,823 - 1,422,823 1,422,823 - 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 Insurance1,989,310 480 1,988,830 188,267 1,800,563 264%25% of Annual expenditures641 Sewage Works Operations14,164,668 3,566,275 10,598,394 2,286,325 8,312,069 23%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 Deposit1,010,807 - 1,010,807 1,010,807 - 100%100% cash reserves for customer deposits655 Project ReLeaf344,611 - 344,611 112,427 232,184 77%25% of Annual expenditures671 Century Center Capital983,759 - 983,759 800,000 183,759 2811%$800,000 Minimum per Board of Managers711 Self-Funded Employee Benefits11,189,401 804,661 10,384,740 4,599,966 5,784,774 56%25% of Annual expenditures713 Unemployment Compensation55,690 - 55,690 20,000 35,690 70%25% of Annual expenditures714 Parental Leave317,607 - 317,607 20,308 297,299 125%8% of Annual expenditures - one month reserve718 State Tax Withholding Fund328,955 - 328,955 328,955 - 100%100% cash reserves - trust & agency funds725 Morris / Palais Box Office664,690 - 664,690 664,690 - 100%100% cash reserves - trust & agency funds726 Police Distributions Payable998,573 - 998,573 998,573 - 100%100% cash reserves - trust & agency funds730 City Cemetery30,303 - 30,303 - 30,303 100%25% of Annual expenditures731 Bowman Cemetery476,702 - 476,702 400,000 76,702 100%$400,000 minimum752 South Bend Redevelopment Authority76,111 - 76,111 76,111 - 100%100% cash reserves per bond covenants755 South Bend Building Corporation73,899 - 73,899 73,899 - 100%100% cash reserves per bond covenants756 2015 Smart Streets Bond Debt Service1,745,310 - 1,745,310 1,745,310 - 100%100% cash reserves per bond covenants757 2015 Parks Bond Debt Service586,097 - 586,097 586,097 - 100%100% cash reserves per bond covenants7602017 Eddy Street Commons Bond Debt Service3,668,705 - 3,668,705 2,500,000 1,168,705 190%$2,500,000 minimumMeets or Exceeds Requirement Total 203,370,398$ 23,010,508$ 180,359,890$ 121,347,198$ 59,012,692$ 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 PolicyJune 30, 2022No Reserve Requirement209 Studebaker-Oliver Revitalizing Grants 686,992 50,443 636,549 - 636,549 100%No reserve requirement - Grant fund - spend down to zero210 Economic Development State Grants(84,219) 80,249 (164,468) - (164,468) 100% Reimbursed by grant receiptsNo reserve requirement - Grant fund - spend down to zero211 Dept of Community Investment Operating 277,723 311,482 (33,760) - (33,760) 100% Reimbursed through interfund transfers from Fund 408 No reserve requirement212 Dept of Community Investment Grants112,228 3,706,669 (3,594,441) - (3,594,441) 100% Reimbursed by grant receiptsNo reserve requirement - Grant fund - spend down to zero217 Gift, Donation, Bequest1,043,679 290,825 752,854 - 752,854 100%No reserve requirement219 Unsafe Building766,706 12,880 753,826 - 753,826 100%No reserve requirement221 Rental Units Regulation106,328 99,686 6,642 - 6,642 100% Reimbursed through interfund transfers from Fund 408 No reserve requirement227 Loss Recovery415,260 - 415,260 - 415,260 100%No reserve requirement230 Code Enforcement948,838 509,184 439,654 - 439,654 100% Reimbursed through interfund transfers from Fund 408 No reserve requirement249 Local Income Tax - Public Safety2,324,392 - 2,324,392 - 2,324,392 100% No reserve requirement251 Local Road & Street2,506,302 1,380,690 1,125,612 - 1,125,612 100%No reserve requirement257 LOIT Special Distribution246,319 56,950 189,369 - 189,369 100%No reserve requirement - one-time distribution - spend down to zero258 Human Rights Federal Grants331,612 22,319 309,294 - 309,294 100%No reserve requirement - Grant fund - spend down to zero263 American Rescue Plan56,997,235 1,174,500 55,822,735 - 55,822,735 100%No reserve requirement - Grant fund - spend down to zero264 COVID-19 Response(39,546) 690,553 (730,100) - (730,100) 100% To be reimbursed by grant receiptsNo reserve requirement - Grant fund - spend down to zero265 Local Road & Bridge Grant1,066,375 275,371 791,004 - 791,004 100%Reimbursed through interfund transfer to cover matching portionNo reserve requirement - Grant fund - spend down to zero266 MVH Restricted3,153,582 1,752,421 1,401,161 - 1,401,161 100%No reserve requirement279 IT / Innovation / 311 Call Center4,286,803 1,579,596 2,707,207 - 2,707,207 100% Reimbursed through interfund allocationNo reserve requirement287 Fire Department Capital3,748,790 1,308,186 2,440,604 - 2,440,604 100%No reserve requirement - Capital fund - spend down to zero295 COPS MORE Grant20,813 20,808 4 - 4 100%No reserve requirement312 2017 Parks Bond Debt Service276,153 - 276,153 - 276,153 100% Property tax distribution received in June & DecNo reserve requirement324 TIF - River West Development Area37,639,643 5,492,449 32,147,195 - 32,147,195 100% 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(8,340) 7,405 (15,745) - (15,745) 100% Revenue based on stadium attendence is received in the fallNo reserve requirement - Capital fund - spend down to zero406 Cumulative Capital Development316,884 - 316,884 - 316,884 100% Property tax distribution received in June & DecNo reserve requirement - Capital fund - spend down to zero407Cumulative Capital Improvement617,208 4,498 612,711 - 612,711 100%No reserve requirement - Capital fund - spend down to zero410 Urban Development Action Grant70,319 - 70,319 - 70,319 100%No reserve requirement - Grant fund - spend down to zero412 Major Moves Construction2,079,397 381,057 1,698,341 - 1,698,341 100%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 PolicyJune 30, 2022413Professional Sports Convention Development Area999,989 1,514,983 (514,994) - (514,994) 100%No reserve requirement - Capital fund - spend down to zero416 Morris Performing Arts Center Capital 7,739,917 6,831,881 908,036 - 908,036 100% No reserve requirement422 TIF - West Washington 1,389,536 93,577 1,295,959 - 1,295,959 100% Property tax distribution received in June & Dec No reserve requirement429TIF - River East Development Area (NE Dev)11,680,975 2,222,921 9,458,054 - 9,458,054 100% Property tax distribution received in June & Dec No reserve requirement430 TIF - Southside Development Area #1 15,358,037 1,565,667 13,792,370 - 13,792,370 100% Property tax distribution received in June & Dec No reserve requirement435 TIF - Douglas Road 272,509 - 272,509 - 272,509 100% Property tax distribution received in June & Dec No reserve requirement436 TIF - River East Residential Area (NE Res) 6,540,572 - 6,540,572 - 6,540,572 100% Property tax distribution received in June & Dec No reserve requirement439 Certified Technology Park 11,176 - 11,176 - 11,176 100% No reserve requirement450 Palais Royale Historic Preservation 97,732 - 97,732 - 97,732 100% No reserve requirement451 2018 Fire Station #9 Bond Capital 316,976 - 316,976 - 316,976 100%No reserve requirement - Bond capital fund - spend down to zero453 Zoo Bond Capital 5,573,682 - 5,573,682 - 5,573,682 100%No reserve requirement - Bond capital fund - spend down to zero452 2018 TIF Park Bond Capital 2,440,056 2,209,579 230,478 - 230,478 100%No reserve requirement - Bond capital fund - spend down to zero454 Airport Urban Enterprise Zone 411,544 - 411,544 - 411,544 100% No reserve requirement455 2021 Infrastructure Bond Capital 2,788,293 449,952 2,338,341 - 2,338,341 100%No reserve requirement - Bond capital fund - spend down to zero471 2017 Parks Bond Capital 3,948,169 2,579,981 1,368,188 - 1,368,188 100%No reserve requirement - Bond capital fund - spend down to zero611 Solid Waste Capital 1,857,392 1,294,726 562,666 - 562,666 100% Receives transfers from Fund 610 as neededNo reserve requirement - Capital fund - spend down to zero622 Water Works Capital 11,251,186 4,981,172 6,270,014 - 6,270,014 100% Receives transfers from Fund 620 as neededNo reserve requirement - Capital fund - spend down to zero625 Water Works Sinking (Debt Service) 1,136,091 - 1,136,091 - 1,136,091 100% Receives transfers from Fund 620 as neededNo reserve requirement642 Sewage Works Capital14,275,523 2,656,395 11,619,128 - 11,619,128 100% Receives transfers from Fund 641 as neededNo reserve requirement - Capital fund - spend down to zero649 Sewage Sinking (Debt Service)4,933,846 - 4,933,846 - 4,933,846 100% Receives transfers from Fund 641 as neededNo reserve requirement667 Storm Sewer1,930,557 1,318,706 611,851 - 611,851 100%No reserve requirement - Capital fund - spend down to zero672Century Center Energy Conservation Debt Svc285,444 - 285,444 - 285,444 100%No reserve requirement754 Industrial Revolving Fund4,423,254 35,613 4,387,641 - 4,387,641 100%No City reserve requirement; there are program requirements759 2017 Eddy Street Commons Bond Capital25,764 - 25,764 - 25,764 100%No reserve requirement - Bond capital fund - spend down to zeroNo Reserve Requirement Total219,595,697$ 46,963,373$ 172,632,324$ -$ 172,632,324$ Total Funds426,088,003$ 70,671,465$ 355,416,537$ 125,783,149$ 229,633,388$ 12 City of South Bend Monthly Fund Financials Revenue Summary June 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 73,217,720 28,179,869 38,859,462 40,089,949 34,358,258 53% Special Revenue Funds 102 Rainy Day 99,340 13,354 30,582 36,051 68,758 31% 201 Parks & Recreation 17,505,813 8,186,296 9,962,341 9,278,524 7,543,472 57% 202 Motor Vehicle Highway 9,922,075 1,485,177 5,330,370 3,744,812 4,591,705 54% 209 Studebaker-Oliver Revitalizing Grants 5,942 841 1,932 2,491 4,010 33% 210 Economic Development State Grants 577,360 - 20,880 36,095 556,480 4% 211 Dept of Community Investment Operating 5,365,416 422,226 1,720,942 796,189 3,644,474 32% 212 Dept of Community Investment Grants 9,033,557 96,729 689,282 801,131 8,344,275 8% 216 Police State Seizures 5,896 4,275 5,290 17,646 606 90% 217 Gift, Donation, Bequest 246,270 2,277 203,138 434,926 43,132 82% 218 Police Curfew Violations 8 171 178 46 (170) 2231% 219 Unsafe Building 70,871 1,488 8,845 22,725 62,026 12% 220 Law Enforcement Continuing Education 827,245 18,079 466,890 114,534 360,355 56% 221 Rental Units Regulation 404,123 5,130 67,863 2,802 336,260 17% 227 Loss Recovery 3,769 507 1,161 1,451 2,608 31% 230 Code Enforcement 4,880,820 818,159 2,129,306 978,417 2,751,514 44% 249 Local Income Tax - Public Safety 9,178,554 728,568 4,824,447 4,858,730 4,354,107 53% 251 Local Road & Street 2,783,569 177,499 1,031,539 1,388,897 1,752,030 37% 257 LOIT Special Distribution 843 301 689 2,338 154 82% 258 Human Rights Federal Grants 155,250 423 5,225 13,941 150,025 3% 263 American Rescue Plan 29,545,024 29,488,696 29,533,423 29,460,848 11,601 100% 264 COVID-19 Response 1,166,853 39,229 255,995 790,778 910,858 22% 265 Local Road & Bridge Grant 2,002,427 1,302 702,627 285,221 1,299,800 35% 266 MVH Restricted 3,946,792 1,072,356 2,448,780 1,605,708 1,498,012 62% 273 Morris PAC / Palais Royale Marketing 43 - 43 2,041 - 99% 274 Morris PAC Self-Promotion 150 - 150 5,543 - 100% 280 Police Block Grants 2 - 2 14 - 119% 289 Haz-Mat 10,256 34 79 93 10,177 1% 291 Indiana River Rescue 92,991 11,622 65,390 45,126 27,601 70% 294 Regional Police Academy 83 - 83 19,893 - 100% 295 COPS MORE Grant 30 - 30 16,331 - 100% 299 Police Federal Drug Enforcement 89,724 118 89,228 89 496 99% 404 Local Income Tax - Certified Shares 12,096,973 2,427,456 7,350,668 7,159,542 4,746,305 61% 408 Local Income Tax - Economic Development 13,315,608 1,038,281 6,818,848 7,780,386 6,496,760 51% 410 Urban Development Action Grant 55,275 86 55,137 5,603 138 100% 655 Project ReLeaf 490,012 38,390 264,471 241,304 225,541 54% 705 Police K-9 Unit 1 - 1 8 - 139% 730 City Cemetery 273 37 85 100 188 31% 731 Bowman Cemetery 4,328 582 1,333 1,571 2,995 31% 754 Industrial Revolving Fund 4,804,698 49,441 3,981,289 877,705 823,409 83% Total Special Revenue Funds 128,688,264 46,129,126 78,068,563 70,829,649 50,619,702 61% Debt Service Fund 312 2017 Parks Bond Debt Service 1,150,804 664,568 664,673 655,148 486,131 58% 350 2018 Fire Station #9 Bond Debt Service 344,157 - 172,866 175,941 171,291 50% 672 Century Center Energy Conservation Debt Svc 404,367 289 289,694 315,614 114,673 72% 752 South Bend Redevelopment Authority 3,058,250 37 1,430,626 1,435,546 1,627,624 47% 755 South Bend Building Corporation 2,769,500 26 1,238,301 10,185,813 1,531,199 45% 756 2015 Smart Streets Bond Debt Service 1,716,000 7 858,046 858,045 857,954 50% 757 2015 Parks Bond Debt Service 375,106 30,939 185,474 188,880 189,632 49% 760 2017 Eddy Street Commons Bond Debt Service 1,928,125 16 962,718 949,694 965,407 50% Total Debt Service Funds 11,746,309 695,882 5,802,397 14,764,681 5,943,911 49% 13 City of South Bend Monthly Fund Financials Revenue Summary June 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 4,276,873 1,849,861 2,365,526 957,518 1,911,347 55% 401 Coveleski Stadium Capital 25,109 - 274 37 24,835 1% 406 Cumulative Capital Development 514,423 285,504 285,885 282,021 228,538 56% 407 Cumulative Capital Improvement 243,166 96,809 97,785 104,319 145,381 40% 412 Major Moves Construction 499,578 2,559 252,383 269,219 247,195 51% 413 Professional Sports Convention Development Area 1,503,000 176,907 1,226,789 - 276,211 82% 416 Morris Performing Arts Center Capital 6,508,701 2,202 6,507,108 5,469 1,592 100% 450 Palais Royale Historic Preservation 8,320 2,081 4,250 2,816 4,070 51% 451 2018 Fire Station #9 Bond Capital 1,250 387 886 1,045 364 71% 453 Zoo Bond Capital 5,891,800 24 5,891,870 - (70) 100% 455 2021 Infrastructure Bond Capital 12,000 3,409 9,348 8,602,702 2,652 78% 471 2017 Parks Bond Capital 14,801 4,896 11,504 18,937 3,297 78% 750 Equipment/Vehicle Leasing - - - 9 - 0% 759 2017 Eddy Street Commons Bond Capital - 0 25,564 1 (25,564) 0% Total Capital Funds 19,499,021 2,424,639 16,679,173 10,244,091 2,819,848 86% Enterprise Funds 600 Consolidated Building 1,603,384 159,417 795,773 752,791 807,611 50% 601 Parking Garages 965,795 82,065 432,857 477,241 532,938 45% 602 Morris Performing Arts Center Operations 2,203,607 190,115 1,486,775 - 716,833 67% 610 Solid Waste Operations 6,727,723 605,771 3,670,880 3,112,184 3,056,843 55% 611 Solid Waste Capital 2,684,437 1,615,263 2,244,986 501,241 439,451 84% 620 Water Works Operations 21,870,448 1,957,165 9,992,444 10,216,190 11,878,004 46% 622 Water Works Capital 4,213,704 350,318 2,043,133 1,808,077 2,170,571 48% 624 Water Works Customer Deposit - - - 4,215 - 0% 625 Water Works Sinking (Debt Service)2,662,430 221,869 1,331,214 756,668 1,331,216 50% 626 Water Works Bond Reserve 22 13 19 4,614 3 84% 629 Water Works Operations & Maintenance Reserve 15,296 - 15,296 9,670 - 100% 640 Sewer Repair Insurance 723,687 62,043 405,582 367,445 318,105 56% 641 Sewage Works Operations 39,446,578 3,398,658 20,982,152 20,563,930 18,464,426 53% 642 Sewage Works Capital 4,225,053 336,136 2,092,695 3,198,490 2,132,358 50% 643 Sewage Works Operations & Maintenance Reserve - - - 18,429 - 0% 649 Sewage Sinking (Debt Service)11,107,089 923,257 5,567,542 3,856,129 5,539,547 50% 653 Sewage Debt Service Reserve 36,647 - - 189 36,647 0% 654 Sewage Works Customer Deposit - - - 2,344 - 0% 667 Storm Sewer 1,238,842 89,290 606,957 552,384 631,885 49% 670 Century Center Operations 4,125,935 202,708 2,200,300 812,232 1,925,635 53% 671 Century Center Capital 1,000 8 49 49 951 5% Total Enterprise Funds 103,851,677 10,194,095 53,868,655 47,014,509 49,983,024 52% Internal Service Funds 222 Central Services 8,878,405 868,673 4,593,036 3,501,002 4,285,369 52% 224 Central Services Capital - - - 74,683 - 0% 226 Liability Insurance 3,429,594 317,344 1,732,300 1,694,447 1,697,294 51% 278 Police Take Home Vehicle 26,154 4,376 22,487 5,986 3,667 86% 279 IT / Innovation / 311 Call Center 10,122,770 853,662 5,268,566 5,545,769 4,854,204 52% 711 Self-Funded Employee Benefits 16,625,249 1,383,155 8,546,228 8,724,098 8,079,021 51% 713 Unemployment Compensation 105,726 9,430 55,690 10,834 50,036 53% 714 Parental Leave 258,703 20,029 127,911 123,774 130,792 49% Total Internal Service Funds 39,446,601 3,456,667 20,346,217 19,680,594 19,100,383 52% Fiduciary Funds 701 Fire Pension 4,066,011 2,032,639 2,036,815 2,052,828 2,029,196 50% 702 Police Pension 6,021,412 3,009,301 3,011,159 2,981,741 3,010,253 50% Total Fiduciary Funds 10,087,423 5,041,940 5,047,974 5,034,569 5,039,449 50% Total City Controlled Funds 386,537,015 96,122,220 218,672,441 207,658,041 167,864,575 57% 14 City of South Bend Monthly Fund Financials Revenue Summary June 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 18,289,932 9,915,917 10,390,514 11,294,797 7,899,418 57% 422 TIF - West Washington 293,562 152,555 154,506 216,960 139,056 53% 429 TIF - River East Development Area (NE Dev) 3,850,354 2,436,279 2,468,025 3,098,823 1,382,329 64% 430 TIF - Southside Development Area #1 1,885,035 1,529,750 1,552,557 1,513,934 332,478 82% 435 TIF - Douglas Road 169,511 194,564 194,791 91,675 (25,280) 115% 436 TIF - River East Residential Area (NE Res)6,032,047 3,548,232 3,554,392 3,501,483 2,477,655 59% Total Tax Increment Financing Funds 30,520,441 17,777,298 18,314,785 19,717,671 12,205,656 60% Redevelopment Funds 433 Redevelopment General 1,556,128 3,716 9,137 11,182 1,546,991 1% 439 Certified Technology Park 101 14 31 37 70 31% 452 2018 TIF Park Bond Capital 8,000 2,978 6,821 8,564 1,179 85% 454 Airport Urban Enterprise Zone 1,502 502 1,150 1,356 352 77% Total Redevelopment Funds 1,565,731 7,211 17,140 21,139 1,548,592 1% Debt Service Funds 315 Airport 2003 Debt Reserve - - - 3,454 - 0% 328 SBCDA 2003 Debt Reserve - - - 5,775 - 0% 351 2018 TIF Park Bond Debt Service 9,357 1,268 2,903 3,423 6,454 31% 352 2019 South Shore Double Tracking Debt Service 1,035,010 0 518,502 518,001 516,508 50% 353 2020 TIF Library Bond Debt Service Reserve 10 1 8 8 2 82% Total Debt Service Funds 1,044,377 1,269 521,413 530,662 522,964 50% Total Redevelopment Commission Funds 33,130,549 17,785,778 18,853,338 20,269,472 14,277,211 57% Grand Total 419,667,564 113,907,997 237,525,779 227,927,513 182,141,786 57% 15 City of South Bend Monthly Fund Financials Expenditure Summary June 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 5,760,304 36,852,857 34,905,053 4,068,128 73,175,023 36% Special Revenue Funds 102 Rainy Day - - - - - - 0% 201 Parks & Recreation 19,823,760 1,503,515 8,349,325 7,673,799 2,039,117 9,435,318 52% 202 Motor Vehicle Highway 11,856,151 344,763 4,860,629 5,949,341 1,312,182 5,683,341 52% 209 Studebaker-Oliver Revitalizing Grants 262,443 2,258 7,188 53,631 50,443 204,812 22% 210 Economic Development State Grants 604,236 57,620 180,676 36,005 80,249 343,311 43% 211 Dept of Community Investment Operating 5,759,541 283,392 1,841,459 1,696,765 311,482 3,606,600 37% 212 Dept of Community Investment Grants 9,443,375 269,112 970,263 889,759 3,706,669 4,766,443 50% 216 Police State Seizures 44,500 - - 71,043 - 44,500 0% 217 Gift, Donation, Bequest 740,289 21,740 144,850 245,558 290,825 304,614 59% 218 Police Curfew Violations 18,799 - 13,888 - - 4,911 74% 219 Unsafe Building 23,000 - 7,120 32,082 12,880 3,000 87% 220 Law Enforcement Continuing Education 523,568 125,512 377,628 270,302 60,761 85,179 84% 221 Rental Units Regulation 450,794 5,362 48,700 95,952 99,686 302,407 33% 227 Loss Recovery - - - 69,630 - - 0% 230 Code Enforcement 5,129,435 237,895 1,682,991 1,756,174 509,184 2,937,260 43% 249 Local Income Tax - Public Safety 12,689,047 976,080 6,344,520 4,586,048 - 6,344,527 50% 251 Local Road & Street 3,656,900 88,393 889,344 1,951,855 1,380,690 1,386,866 62% 257 LOIT Special Distribution 56,950 - - 23,927 56,950 - 100% 258 Human Rights Federal Grants 248,783 20,774 105,823 130,946 22,319 120,641 52% 263 American Rescue Plan 13,510,000 44,550 2,072,830 58,868 1,174,500 10,262,670 24% 264 COVID-19 Response 1,166,853 80,693 301,936 2,481,771 690,553 174,364 85% 265 Local Road & Bridge Grant 2,923,443 98,617 439,744 1,138,240 275,371 2,208,327 24% 266 MVH Restricted 5,070,313 728,220 1,370,849 845,078 1,752,421 1,947,043 62% 273 Morris PAC / Palais Royale Marketing 100,000 - 74,852 2,496 - 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 10,816 64,587 31,975 16,940 17,833 82% 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 64,678 20,808 100,434 31% 299 Police Federal Drug Enforcement 78,500 24,453 34,145 - 25,834 18,521 76% 404 Local Income Tax - Certified Shares 17,596,408 1,397,020 7,214,079 5,014,995 2,916,704 7,465,624 58% 408 Local Income Tax - Economic Development 29,782,859 1,044,863 5,274,827 3,312,205 3,845,322 20,662,710 31% 410 Urban Development Action Grant 24,000 - 12,000 12,000 - 12,000 50% 655 Project ReLeaf 449,708 29,423 221,942 269,696 - 227,766 49% 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 62,283 3,595,945 981,611 35,613 1,287,151 74% Total Special Revenue Funds 147,826,103 7,457,354 46,970,593 39,746,431 20,687,504 80,168,008 46% 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 - 200,952 203,185 - 201,416 50% 752 South Bend Redevelopment Authority 3,044,328 - 1,596,941 1,596,428 - 1,447,387 52% 755 South Bend Building Corporation 2,751,956 - 1,388,778 10,952,498 - 1,363,179 50% 756 2015 Smart Streets Bond Debt Service 1,711,694 - 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 - 5,937,418 15,294,009 - 5,785,385 51% * Percent of budget spent includes year to date expenditures and outstanding encumbrances 16 City of South Bend Monthly Fund Financials Expenditure Summary June 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 - 1,375,074 881,815 1,308,186 4,115,079 39% 401 Coveleski Stadium Capital 25,715 450 9,429 3,533 7,405 8,882 65% 406 Cumulative Capital Development 512,428 11,974 255,747 210,863 - 256,681 50% 407 Cumulative Capital Improvement 489,341 25,945 131,673 131,075 4,498 353,170 28% 412 Major Moves Construction 1,789,238 17,712 62,400 54,825 381,057 1,345,781 25% 413 Professional Sports Convention Development Area 3,602,900 7,605 1,010,038 - 1,514,983 1,077,880 70% 416 Morris Performing Arts Center Capital 8,475,984 185,794 680,117 81,702 6,831,881 963,985 89% 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 3,815,260 158,391 1,211,127 145,972 449,952 2,154,181 44% 471 2017 Parks Bond Capital 4,264,527 63,959 324,418 788,999 2,579,981 1,360,127 68% 750 Equipment/Vehicle Leasing 347,697 - 347,697 - - - 100% 759 2017 Eddy Street Commons Bond Capital - - - - - - 0% Total Capital Funds 36,048,229 471,829 5,725,908 2,298,783 13,077,943 17,244,379 52% Enterprise Funds 600 Consolidated Building 2,046,854 143,107 940,594 794,328 662 1,105,598 46% 601 Parking Garages 1,413,495 33,306 582,933 294,918 166,733 663,830 53% 602 Morris Performing Arts Center Operations 1,683,579 71,628 557,321 - 30,392 1,095,866 35% 610 Solid Waste Operations 7,106,763 657,211 4,375,001 3,314,904 615,661 2,116,101 70% 611 Solid Waste Capital 3,463,022 - 1,166,756 514,352 1,294,726 1,001,540 71% 620 Water Works Operations 24,213,606 1,748,993 11,918,220 9,973,528 1,140,817 11,154,570 54% 622 Water Works Capital 12,735,287 13,600 573,451 562,504 4,981,172 7,180,664 44% 624 Water Works Customer Deposit - - - 4,215 - - 0% 625 Water Works Sinking (Debt Service)2,662,430 194,623 195,123 209,455 - 2,467,307 7% 626 Water Works Bond Reserve - - - 4,612 - - 0% 629 Water Works Operations & Maintenance Reserve - - - 9,670 - - 0% 640 Sewer Repair Insurance 753,069 77,477 470,179 380,102 480 282,410 62% 641 Sewage Works Operations 45,726,498 3,014,262 21,437,901 20,443,624 3,566,275 20,722,323 55% 642 Sewage Works Capital 14,614,348 8,786 2,198,065 1,970,882 2,656,395 9,759,888 33% 643 Sewage Works Operations & Maintenance Reserve - - - 18,429 - - 0% 649 Sewage Sinking (Debt Service)11,107,089 - 633,696 758,683 - 10,473,393 6% 653 Sewage Debt Service Reserve - - - - - - 0% 654 Sewage Works Customer Deposit - - - 2,344 - - 0% 667 Storm Sewer 2,271,456 117,215 325,240 303,480 1,318,706 627,509 72% 670 Century Center Operations 4,094,958 316,147 1,859,062 1,256,746 66,338 2,169,557 47% 671 Century Center Capital 35,000 - - - - 35,000 0% Total Enterprise Funds 133,927,453 6,396,354 47,233,542 40,816,776 15,838,357 70,855,556 47% Internal Service Funds 222 Central Services 8,873,729 931,183 4,991,858 3,919,950 15,585 3,866,286 56% 224 Central Services Capital - - - 100,904 - - 0% 226 Liability Insurance 6,503,078 103,102 694,001 1,362,604 2,805,958 3,003,119 54% 278 Police Take Home Vehicle 50,000 - - 270 - 50,000 0% 279 IT / Innovation / 311 Call Center 11,054,062 569,592 4,586,988 4,216,539 1,579,596 4,887,478 56% 711 Self-Funded Employee Benefits 18,399,864 1,691,892 8,162,107 7,851,461 804,661 9,433,096 49% 713 Unemployment Compensation 80,000 1,798 25,192 37,060 - 54,808 31% 714 Parental Leave 253,846 2,647 37,014 69,820 - 216,832 15% Total Internal Service Funds 45,214,579 3,300,214 18,497,161 17,558,609 5,205,799 21,511,619 52% Fiduciary Funds 701 Fire Pension 4,583,888 338,342 2,055,532 2,068,664 - 2,528,356 45% 702 Police Pension 6,057,740 497,709 3,002,541 3,018,399 - 3,055,199 50% Total Fiduciary Funds 10,641,628 836,050 5,058,073 5,087,063 - 5,583,555 48% Total City Controlled Funds 499,476,804 24,222,105 166,275,553 155,706,726 58,877,732 274,323,525 45% * Percent of budget spent includes year to date expenditures and outstanding encumbrances 17 City of South Bend Monthly Fund Financials Expenditure Summary June 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 25,071,685 711,470 7,085,247 7,660,185 5,492,449 12,493,990 50% 422 TIF - West Washington 228,561 - - 22,383 93,577 134,984 41% 429 TIF - River East Development Area (NE Dev) 6,078,801 353,022 602,367 588,240 2,222,921 3,253,513 46% 430 TIF - Southside Development Area #1 9,673,505 359,835 932,053 706,584 1,565,667 7,175,785 26% 435 TIF - Douglas Road 254,036 - 179,861 5,175 - 74,175 71% 436 TIF - River East Residential Area (NE Res) 4,921,704 1,500 2,443,789 3,105,948 - 2,477,915 50% Total Tax Increment Financing Funds 46,228,292 1,425,827 11,243,317 12,088,516 9,374,614 25,610,362 45% Redevelopment Funds 433 Redevelopment General 1,141,283 86,900 245,742 586,305 209,541 686,000 40% 439 Certified Technology Park - - - - - - 0% 452 2018 TIF Park Bond Capital 2,389,024 15,662 15,662 60,665 2,209,579 163,783 93% 454 Airport Urban Enterprise Zone - - - - - - 0% Total Redevelopment Funds 3,530,307 102,562 261,404 646,971 2,419,120 849,783 76% Debt Service Funds 315 Airport 2003 Debt Reserve - - - 3,454 - - 0% 328 SBCDA 2003 Debt Reserve - - - 5,775 - - 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 - 516,633 522,105 - 513,117 50% Total Redevelopment Commission Funds 50,788,348 1,528,389 12,021,354 13,257,591 11,793,733 26,973,261 47% Grand Total 550,265,152 25,750,494 178,296,907 168,964,316 70,671,465 301,296,786 45% * 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- - - - - 31,357,007 - - - - - - 31,357,007 57,130,137 55% TIF Districts- - - - - 17,705,769 - - - - - - 17,705,769 29,771,076 59%Sub Total- - - - - 49,062,776 - - - - - - 49,062,776 86,901,213 56%Local Income Tax LIT Certified Shares744,465 744,465 744,465 744,465 744,465 744,465 - - - - - - 4,466,793 8,933,585 50% LIT for Economic Development 1,005,450 1,005,450 1,005,450 1,005,450 1,005,450 1,005,450 - - - - - - 6,032,703 12,065,405 50% LIT for Public Safety725,425 725,425 725,425 725,425 725,425 725,425 - - - - - - 4,352,550 8,705,099 50% LIT for Redevelopment8 8 8 8 8 8 - - - - - - 46 92 50% LIT Additional - Supplemental Distrib- - - - 1,760,616 - - - - - - - 1,760,616 1,760,616 100% Sub Total2,475,348 2,475,348 2,475,348 2,475,348 4,235,964 2,475,348 - - - - - - 16,612,707 31,464,797 53%Total Taxes2,475,348 2,475,348 2,475,348 2,475,348 4,235,964 51,538,124 - - - - - - 65,675,482 118,366,010 55%Intergovernmental RevenueState Shared Revenue Auto Excise Tax- - - - - 1,818,522 - - - - - - 1,818,522 3,831,277 47% Commercial Vehicle Tax- - - - - 477,747 - - - - - - 477,747 822,505 58% Liquor Excise Tax22,556 - - - - 37,389 - - - - - - 59,945 90,000 67% Liquor Gallonage Tax71,052 - - 58,872 - - - - - - - - 129,924 239,165 54% Cigarette Tax- - - - - 122,361 - - - - - - 122,361 272,798 45% Gasoline Tax557,915 545,448 549,715 554,658 596,187 531,168 - - - - - - 3,335,091 5,829,152 57% Wheel Tax135,309 114,163 157,569 176,831 202,639 - - - - - - - 786,511 2,100,000 37% PSCDA Tax265,657 224,381 103,144 272,388 183,129 175,887 - - - - - - 1,224,586 1,500,000 82% State Pension Subsidy- - - - - 5,041,940 - - - - - - 5,041,940 10,076,880 50% Sub Total1,052,488 883,992 810,428 1,062,749 981,954 8,205,015 - - - - - - 12,996,628 24,761,777 52% Local Government Shared Revenue Hotel Motel Tax1,258,937 - - 200,000 - - - - - - - - 1,458,937 2,274,437 64% Grants Federal Grants397,089 527,201 2,683,009 527,979 880,693 29,590,849 - - - - - - 34,606,821 46,266,163 75% State Grants- 75,432 - 15,196 - - - - - - - - 90,628 647,105 14% Sub Total397,089 602,634 2,683,009 543,175 880,693 29,590,849 - - - - - - 34,697,449 46,913,268 74% 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 70,027 100% State Seized Drug- - - 741 - 4,061 - - - - - - 4,802 5,000 96%Sub Total- 30,000 70,027 741 - 4,061 - - - - - - 104,829 160,027 66%Total Intergovernmental Revenue 2,708,515 1,516,626 3,563,464 1,806,665 1,862,647 37,799,925 - - - - - - 49,257,842 74,109,509 66%Licenses & PermitsBusiness Business Licenses15,490 25,501 16,589 16,519 7,868 7,535 - - - - - - 89,501 104,025 86% Taxi Cab Licensing21 - 220 1,020 401 - - - - - - - 1,662 2,300 72% Sub Total15,511 25,501 16,809 17,539 8,269 7,535 - - - - - - 91,163 106,325 86% Nonbusiness Lawn Parking180 45 560 132 965 100 - - - - - - 1,982 10,000 20% Engineering3,975 3,955 5,860 9,835 19,460 7,250 - - - - - - 50,335 156,100 32% Right-of-Way Closures- 100 350 100 175 325 - - - - - - 1,050 1,500 70% Park Food Sales Permit- 25 26 53 26 30 - - - - - - 160 250 64% Fire Dept-Building Plan Review874 2,229 2,633 1,565 2,535 1,976 - - - - - - 11,812 24,000 49% Building Department98,526 86,698 141,787 131,717 169,850 156,395 - - - - - - 784,973 1,585,100 50% SBARC - Pet Licenses1,490 2,300 3,235 2,625 4,435 2,215 - - - - - - 16,300 37,000 44%Sub Total105,045 95,352 154,451 146,026 197,446 168,291 - - - - - - 866,612 1,813,950 48%Total Licenses & Permits120,555 120,853 171,260 163,566 205,715 175,826 - - - - - - 957,775 1,920,275 50%Period Ending: June 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: June 30, 2022Charges for ServicesGeneral Government Plan Commission Charges800 100 300 250 100 100 - - - - - - 1,650 4,100 40% Copies of Public Records129 - 26 - - - - - - - - - 154 1,200 13% Historic Preserv Certificate of Approval 40 20 220 240 260 360 - - - - - - 1,140 2,000 57% IT Services- - - - - - - - - - - - - - NA Sub Total969 120 546 490 360 460 - - - - - - 2,944 7,300 40%Public Safety Accident Report Copies7,467 3,554 12,126 7,083 6,681 8,634 - - - - - - 45,544 81,000 56% Traffic Signal Maintenance8,511 10,921 - 11,855 3,322 1,201 - - - - - - 35,809 249,455 14% EMS Special Event Coverage- 4,740 49,122 6,248 - 13,057 - - - - - - 73,167 150,000 49% Regional Academy Tuition5,400 2,600 850 1,025 - 850 - - - - - - 10,725 20,000 54% River Rescue School Tuition19,405 (2,800) - 10,700 25,900 11,200 - - - - - - 64,405 90,000 72% Fire Training Center Tuition505 3,915 1,515 - - - - - - - - - 5,935 50,000 12% Emergency Medical Service261,028 254,111 364,083 292,212 274,418 295,062 - - - - - - 1,740,914 3,000,000 58% Medicaid Reimbursements- - - - 578,790 - - - - - - - 578,790 443,000 131% EMS for County164,337 164,337 164,337 - - 493,011 - - - - - - 986,022 1,892,852 52% Hazmat Charges- - - - - - - - - - - - - 10,000 0% Police Special Event Coverage- - - - - - - - - - - - - 15,000 0% Crime Lab Services925 1,706 875 900 1,063 838 - - - - - - 6,306 10,000 63% EMS Late Payment Interest- 3,703 1,192 837 1,096 - - - - - - - 6,829 15,000 46% Misc Revenue- - - - - - - - - - - - - 500 0% Sub Total467,578 446,786 594,100 330,860 891,269 823,852 - - - - - - 3,554,445 6,026,807 59% Culture & Recreation Morris Performing Arts Center22,058 24,638 191,643 66,611 - 176,950 - - - - - - 481,900 985,000 49% Palais Royale Ballroom4,720 20,484 11,463 17,143 10,114 12,517 - - - - - - 76,442 144,190 53% Parks & Recreation232,465 209,399 220,174 171,252 304,691 490,627 - - - - - - 1,628,608 3,108,794 52% Lease of Coveleski Stadium- - 274 - - - - - - - - - 274 25,000 1% Century Center68,058 136,585 196,809 199,327 229,382 194,571 - - - - - - 1,024,732 2,643,452 39% Sub Total327,302 391,106 620,363 454,333 544,187 874,664 - - - - - - 3,211,955 6,906,436 47% Highways & Streets Sale of Signs/Materials883 - - 1,270 - 2,879 - - - - - - 5,033 5,500 92% Special Events- - - - - - - - - - - - - 1,500 0% Sub Total883 - - 1,270 - 2,879 - - - - - - 5,033 7,000 72% Sanitation Trash Collection/Residential467,840 498,325 497,781 498,620 500,078 502,489 - - - - - - 2,965,134 5,504,876 54% Trash Collection/Commercial9,998 10,506 10,511 10,530 10,596 10,667 - - - - - - 62,808 124,680 50% Trash Collection/Apt 2 Units3,996 4,233 4,260 4,246 4,215 4,234 - - - - - - 25,183 51,950 48% Trash Collection/Apt 3 Units1,879 1,979 1,993 1,949 1,949 1,963 - - - - - - 11,711 23,897 49% Trash Collection/Apt 4 Units2,313 2,440 2,478 2,570 2,526 2,554 - - - - - - 14,882 29,092 51% Trash Collection/Seniors- - - - - - - - - - - - - 46,755 0% Trash Collection/Special Pickup1,580 1,700 2,080 2,940 2,515 2,620 - - - - - - 13,435 32,000 42% Trash Collection/Yard Waste Pickup40 10 90 60 140 280 - - - - - - 620 250 248% Misc/Additional Trash Totes(67) (90) (148) (189) (601) (489) - - - - - - (1,584) - NA Misc/Return Trip Customer Error1,130 880 1,390 1,080 880 910 - - - - - - 6,270 10,000 63% Misc/Contamination Fee- - - - 740 1,015 - - - - - - 1,755 500 351% Misc/Tote Replacement Fee350 598 450 650 791 1,005 - - - - - - 3,844 3,000 128% Misc/Trash Start Fee3,320 2,940 3,510 3,760 3,710 4,230 - - - - - - 21,470 48,000 45% Misc/Yard Waste Totes108 64 33 71,345 72,146 73,455 - - - - - - 217,150 523,200 42% Sub Total492,487 523,586 524,426 597,561 599,685 604,933 - - - - - - 3,342,678 6,398,200 52% 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: June 30, 2022Charges for Services Utilities - Water Metered Sales/Residential655,684 645,891 632,796 633,323 634,827 781,858 - - - - - - 3,984,380 8,534,213 47% Metered Sales/Commercial188,023 185,869 194,028 193,806 196,396 215,885 - - - - - - 1,174,008 2,708,998 43% Metered Sales/Industrial25,906 25,142 31,102 28,122 27,842 31,684 - - - - - - 169,799 518,557 33% Metered Sales/Multi Family103,007 102,043 101,128 100,521 97,293 110,599 - - - - - - 614,590 1,294,174 47% Bulk Sales/Olive St- - - - - - - - - - - - - 7,476 0% Metered Sales/Institution11,203 11,968 10,909 10,412 10,760 10,830 - - - - - - 66,082 140,287 47% Public Fire Protection216,186 214,425 217,050 215,834 215,505 216,848 - - - - - - 1,295,847 2,726,802 48% Private Fire Protection37,837 37,666 37,801 37,676 37,808 37,830 - - - - - - 226,619 512,768 44% Sales to Public Authorities31,382 29,827 30,862 31,549 38,252 48,339 - - - - - - 210,210 402,036 52% Irrigation Sales710 152 849 3,453 150,198 244,276 - - - - - - 399,639 1,446,969 28% Other Water/Misc Service12,104 10,211 18,162 16,312 13,230 17,614 - - - - - - 87,633 397,154 22% Backflow Prevention Insp.16,800 12,500 13,825 14,675 17,825 19,750 - - - - - - 95,375 170,026 56% Water Main Extension- - - - - - - - - - - - - - NA Rents From Water Property- - - - - - - - - - - - - - NA Revenue From Cut Off Fees375 - 375 375 375 375 - - - - - - 1,875 5,000 38% Penalties (Forfeit Disc.)- - - - - - - - - - - - - 44,000 0% Water Leak Insurance85,216 93,374 88,566 88,540 88,644 89,059 - - - - - - 533,400 1,111,911 48% System Development Fee3,856 436 3,001 4,031 4,283 4,711 - - - - - - 20,316 210,000 10% Sub Total1,388,288 1,369,506 1,380,455 1,378,629 1,533,239 1,829,657 - - - - - - 8,879,773 20,230,371 44% Utilities - Sewage Metered Sales/Residential1,747,223 1,720,245 1,722,884 1,729,106 1,727,829 1,775,503 - - - - - - 10,422,790 20,052,148 52% Metered Sales/Commercial626,435 668,879 659,390 662,636 662,423 660,433 - - - - - - 3,940,196 7,576,499 52% Metered Sales/Industrial526,602 724,506 444,049 524,943 449,322 427,068 - - - - - - 3,096,490 5,401,760 57% Metered Sales/Multi Family251,249 305,370 260,575 258,684 250,905 256,041 - - - - - - 1,582,823 3,152,406 50% Metered Sales/Institution27,331 28,021 27,276 26,441 26,877 27,165 - - - - - - 163,112 299,645 54% Sales to Public Authority80,407 77,689 79,879 79,335 86,792 102,521 - - - - - - 506,623 1,124,666 45% Wholesale Meter/New Carlisle- - - - - - - - - - - - - 255,691 0% Penalties (Forfeit Disc.)- - - - - - - - - - - - - 340,283 0% Dumping Fees788 928 1,645 1,960 - 6,055 - - - - - - 11,375 23,001 49% Laboratory Service Fees- - - - - - - - - - - - - 1,560 0% Discharge Permit Fees500 1,250 2,500 - - 3,500 - - - - - - 7,750 5,720 135% System Development Fee8,296 1,083 17,899 7,683 9,294 11,355 - - - - - - 55,610 339,000 16% Sewer Repair Insurance47,219 51,667 49,076 49,112 49,214 49,464 - - - - - - 295,752 579,500 51% Sewer Repair Deductible8,086 9,218 8,434 10,614 9,548 10,154 - - - - - - 56,054 80,000 70% UAP Assistance Fee94,855 95,027 94,545 94,502 94,445 94,627 - - - - - - 568,002 840,000 68% UAP Credit (Contra)(35,000) (35,950) (37,322) (38,572) (41,341) (46,324) - - - - - - (234,508) (840,000) 28% RINS Credits- - - - - - - - - - - - - - NA Disconnect Program Fee- - - - - - - - - - - - - - NA Sub Total3,383,990 3,647,933 3,330,829 3,406,446 3,325,309 3,377,561 - - - - - - 20,472,069 39,231,879 52% Utilities - Other Storm Water Fees80,646 89,900 86,029 86,307 86,377 86,871 - - - - - - 516,131 1,147,200 45% Clean Air/ReLeaf (Leaf Pickup)36,205 40,005 37,726 37,730 37,785 37,975 - - - - - - 227,426 451,610 50% Sub Total116,851 129,904 123,755 124,038 124,162 124,847 - - - - - - 743,557 1,598,810 47% Organic Resources Yard Waste Drop-Off28,266 1,215 4,626 12,613 6,400 7,950 - - - - - - 61,071 95,501 64%Mulch/Compost Sales160 288 4,220 11,504 14,746 11,017 - - - - - - 41,934 70,070 60% Sub Total28,426 1,504 8,846 24,117 21,146 18,966 - - - - - - 103,005 165,571 62%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: June 30, 2022Charges for ServicesAnimal Resource CenterPet Impound Reclaim Fee150 305 910 485 470 545 - - - - - - 2,865 6,300 45%Pet Adoption Fees1,422 1,546 2,469 2,504 1,301 1,462 - - - - - - 10,704 25,000 43%Pick Up Fees80 - - 80 120 40 - - - - - - 320500 64%Pet Micro Chipping160 320 400 400 500 420 - - - - - - 2,200 3,600 61% Vet Expenses75 160 385 341 406 315 - - - - - - 1,682 3,100 54% Pet Euthanasia- 20 - - - 60 - - - - - - 80100 80% Animal Surrenders860 640 1,000 1,100 800 1,040 - - - - - - 5,440 8,000 68% Cremation263 430 770 730 260 1,090 - - - - - - 3,543 2,200 161%Rabies Specimen Prep30 60 - 30 60 30 - - - - - - 210500 42% Boarding- 240 30 60 10 480 - - - - - - 820 1,000 82%Sub Total3,040 3,721 5,964 5,730 3,927 5,482 - - - - - - 27,864 50,300 55%OtherDCI Staff Contracts8,297 9,352 134,589 21,140 30,475 - - - - - - - 203,853 1,438,326 14%Other Misc Charges for Services- - - - - - - - - - - - -35,000 0% Parking-Garages70,942 69,500 79,946 49,726 64,296 76,650 - - - - - - 411,060 913,300 45% Parking-Century Center12,745 6,720 27,565 12,140 3,655 7,825 - - - - - - 70,650 100,000 71%Central Services-Internal Customers 651,692 617,253 792,125 764,995 643,214 801,835 - - - - - - 4,271,113 8,166,626 52%Central Services-External Customers 35,872 34,872 32,507 31,021 36,237 29,161 - - - - - - 199,671 469,375 43%Employee & Employer Assessments 1,379,185 1,360,234 1,370,480 1,356,714 1,409,967 1,370,751 - - - - - - 8,247,331 16,464,886 50%Sub Total2,158,732 2,097,930 2,437,212 2,235,736 2,187,845 2,286,222 - - - - - - 13,403,677 27,587,513 49%Total Charges for Services8,368,546 8,612,097 9,026,496 8,559,210 9,231,128 9,949,524 - - - - - - 53,747,000 108,210,187 50%Fines, Forfeitures, & FeesGeneral Ordinance Violation- - - - - - - - - - - - - 5,500 0%Bad Checks Fines- - 24 - - - - - - - - - 24537 4% Court Fees- 1,640 50 - 1,972 - - - - - - - 3,663 10,000 37%Plan Commission Application Fee2,300 1,250 1,150 975 1,800 1,200 - - - - - - 8,675 23,250 37%Zoning Appeals Application Fee650 1,125 1,650 850 650 2,725 - - - - - - 7,650 11,250 68%Zoning Admin Fees1,400 1,200 1,400 1,100 1,500 1,400 - - - - - - 8,000 13,950 57%Zoning Admin Fines- - 100 - - - - - - - - - 100- NA Tax Abatement Admin Fees- - 1,935 - - 1,212 - - - - - - 3,147 10,000 31%Test Filling Fees450 900 600 900 600 500 - - - - - - 3,950 3,950 100%Econ Dev-CDBG Loan Late Fees- - - - - - - - - - - - - - NA Sub Total4,800 6,115 6,909 3,825 6,522 7,037 - - - - - - 35,209 78,437 45%Code EnforcementVacant Bldg Registration- 300 - 75 - - - - - - - - 375 12,900 3%Landlord Registration Fee- - - - - - - - - - - - -- NA Rental Unit Safety Fees750 250 750 850 - - - - - - - - 2,600 99,900 3%Demolition & Boarding358 771 301 1,452 300 551 - - - - - - 3,732 45,000 8%Collections698 - 5 598 - - - - - - - - 1,301 10,155 13%Environmental Violations2,952 9,265 5,315 8,016 2,391 6,567 - - - - - - 34,505 165,000 21%Ordinance Violation2,216 538 205 700 50 3,550 - - - - - - 7,259 27,500 26%Animal Ordinance Violation3,564 208 1,210 (2,867) 4,151 225 - - - - - - 6,490 25,000 26%Forfeitures-Civil Penalties- 1,000 - - - - - - - - - - 1,000 117,500 1%Sub Total10,539 12,330 7,785 8,823 6,892 10,893 - - - - - - 57,262 502,955 11%ParkingStreet Parking Fines2,270 1,770 4,495 4,020 4,250 5,050 - - - - - - 21,855 52,500 42%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: June 30, 2022Fines, Forfeitures, & FeesPublic Safety False Alarms Fine16,638 8,585 5,123 5,074 2,800 6,784 - - - - - - 45,004 80,000 56% Noise Ordinance103 170 179 170 - 200 - - - - - - 822 1,000 82% Curfew Violation- - - - - 171 - - - - - - 171 200 85% Impound Towing Fees715 828 697 580 433 930 - - - - - - 4,183 10,000 42%Sub Total17,456 9,583 6,000 5,824 3,233 8,084 - - - - - - 50,180 91,200 55%Total Fines, Forfeitures, & Fees35,065 29,799 25,189 22,492 20,897 31,064 - - - - - - 164,505 725,092 23%Other IncomeMiscellaneous Revenue Miscellaneous Revenue746 76,520 6,636 12,847 24,711 19,353 - - - - - - 140,812 543,720 26% Sale of Scrap Metal- 2,082 1,773 1,542 7,971 - - - - - - - 13,368 21,185 63% Bond Interest Rebate- - - 18,406 - - - - - - - - 18,406 80,242 23% Origination Fees4,840 31,243 - - - - - - - - - - 36,083 43,083 84% Loan Servicing Fees7,000 - 975 - 10,597 10,704 - - - - - - 29,275 15,975 183% Sub Total12,586 109,844 9,383 32,794 43,278 30,057 - - - - - - 237,942 704,205 34% Bank Account Interest194,087 65,944 93,291 87,024 104,554 379,237 - - - - - - 924,137 1,814,771 51% Rental of Property5,416 14,663 10,932 1,947 12,685 16,611 - - - - - - 62,253 121,387 51% Donations584,444 183,567 92,351 808 68,476 519,435 - - - - - - 1,449,081 3,926,988 37% 3rd Party Revenue Cable TV Franchise Fees- 163,168 - - 166,031 - - - - - - - 329,200 700,000 47% Video Franchise Fees- 32,549 - - 30,792 - - - - - - - 63,341 135,000 47%Sub Total- 195,718 - - 196,823 - - - - - - - 392,541 835,000 47%Total Other Income796,533 569,737 205,957 122,572 425,816 945,340 - - - - - - 3,065,954 7,402,351 41%Reimbursements Miscellaneous Reimbursements5,303 131,228 63,936 18,650 7,818 42,081 - - - - - - 269,016 223,365 120% Insurance Claim- - - - - 146 - - - - - - 146 20,146 1% IT Services5,377 5,377 5,377 5,377 5,377 5,377 - - - - - - 32,262 64,525 50% Travel Reimbursement- - - - - - - - - - - - - 200 0% Lamppost Program- - - - - 200 - - - - - - 200 8,000 3% Energy Rebates- - - 83,452 - - - - - - - - 83,452 84,607 99% Repair Reimbursement- 75 75 150 - 5 - - - - - - 305 20,000 2% Salary/Overtime Reimb6,230 8,645 12,188 3,117 8,302 13,122 - - - - - - 51,603 387,000 13% Diesel Tax Rebate- - - - - 19,590 - - - - - - 19,590 50,000 39% Pharmacy Rebates133,067 198,064 20,416 70,512 13,650 30,910 - - - - - - 466,620 475,000 98% Beck's Lake Reimbursement- - - - - 28,418 - - - - - - 28,418 28,418 100% Morris Advertising Reimbursement- - 600 300 - 1,000 - - - - - - 1,900 2,000 95% Sub Total149,977 343,389 102,591 181,557 35,147 140,848 - - - - - - 953,510 1,363,261 70% Departmental Reimbursements- - 4,916 - - - - - - - - - 4,916 245,441 2%Total Reimbursements149,977 343,389 107,508 181,557 35,147 140,848 - - - - - - 958,426 1,608,702 60%Other Sources Interfund Transfers & Fixed Cost Allocations Interfund Transfers In8,902,932 2,862,538 4,535,535 3,654,964 3,067,814 3,080,626 - - - - - - 26,104,409 52,501,173 50% PILOT3,039,663 - - - - - - - - - - - 3,039,663 6,079,325 50% Administration Cost Allocation752,500 752,500 752,500 752,500 752,500 752,500 - - - - - - 4,515,000 9,030,000 50% IT Cost Allocation801,684 801,684 801,684 801,684 801,684 801,684 - - - - - - 4,810,102 9,620,204 50% Liability Insurance Allocation280,417 280,417 280,417 280,417 280,417 280,417 - - - - - - 1,682,500 3,365,000 50% Payroll Cost Allocation216,811 216,811 216,811 216,811 216,811 196,138 - - - - - - 1,280,194 2,601,735 49% Facilities Management Allocation13,333 13,333 13,333 13,333 13,333 13,333 - - - - - - 80,000 160,000 50% Utility Customer Service Mgmt Allocation109,977 109,977 109,977 109,977 109,977 109,977 - - - - - - 659,863 1,319,726 50% Sub Total14,117,317 5,037,260 6,710,258 5,829,686 5,242,536 5,234,674 - - - - - - 42,171,730 84,677,163 50%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: June 30, 2022Other SourcesSale of Assets Sale of Capital Assets- - - - - - - - - - - - - - NA Sale of Non-Capital Assets- - 23,500 - - - - - - - - - 23,500 23,500 100% 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 24,000 190% Issuance of Debt Capital Lease Proceeds- - - 166,343 - 8,042,233 - - - - - - 8,208,577 9,208,578 89% 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 - 8,042,233 - - - - - - 20,602,267 21,602,268 95% Refunds Refunds240,646 287 1,188 10,760 6,203 12,103 - - - - - - 271,188 217,197 125% Specific Stop Loss234 3,927 - - - - - - - - - - 4,161 10,000 42% Utility Receipts Tax Refund- - - 10,160 - - - - - - - - 10,160 10,160 100% Sub Total240,880 4,213 1,188 20,920 6,203 12,103 - - - - - - 285,509 237,357 120% 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 26,916 20,387 - - - - - - 232,573 92,604 251% Other Loan - Interest Income13,593 23,271 23,876 - 23,782 17,948 - - - - - - 102,469 174,718 59% Sub Total46,091 280,467 121,351 56,764 50,698 38,335 - - - - - - 593,707 784,650 76%Total Other Sources14,422,213 5,321,940 19,249,987 6,077,870 5,299,437 13,327,346 - - - - - - 63,698,793 107,325,438 59%Revenue Total29,076,752 18,989,788 34,825,209 19,409,280 21,316,752 113,907,997 - - - - - - 237,525,779 419,667,564 57%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 74,701 79,626 - - - - - - 510,773 1,048,915 49%Community Initiatives101 28,850 228,309 78,411 84,036 178,404 42,430 - - - - - - 640,440 1,526,626 42%Community Police Review Office 101 - - - - - - - - - - - - - 103,199 0%Clerk101 46,576 41,333 42,787 68,038 35,549 42,164 - - - - - - 276,448 694,547 40%Common Council101 32,144 37,173 37,057 35,523 51,569 41,332 - - - - - - 234,799 724,941 32%General City101 67,500 8,329 1,154,152 41,001 292,627 126,036 - - - - - - 1,689,645 39,538,000 4%Controller' Office101 139,766 151,078 143,775 305,549 142,962 237,262 - - - - - - 1,120,391 2,569,304 44%Human Resources101 43,818 44,184 51,536 53,960 34,563 44,474 - - - - - - 272,535 957,327 28%Diversity & Inclusion101 38,739 36,167 38,464 41,421 45,452 32,920 - - - - - - 233,162 740,743 31%Human Rights101 31,753 32,791 28,191 38,866 31,632 24,868 - - - - - - 188,101 462,479 41%Legal101 101,032 110,529 106,648 150,076 115,841 119,100 - - - - - - 703,226 1,695,716 41%Sub Total605,508 773,000 1,766,790 930,711 1,003,299 790,211 - - - - - - 5,869,519 50,061,797 12%Public WorksEngineering101 229,205 230,682 222,892 299,976 231,648 238,206 - - - - - - 1,452,608 3,572,616 41%Sub Total229,205 230,682 222,892 299,976 231,648 238,206 - - - - - - 1,452,608 3,572,616 41%Public SafetyPolice101 2,437,107 2,264,379 2,350,301 2,936,898 2,263,068 2,450,506 - - - - - - 14,702,259 31,263,638 47%Crime Lab101 48,512 52,110 50,720 70,598 47,686 46,419 - - - - - - 316,045 869,889 36%Fire101 2,089,089 2,075,047 2,148,267 2,791,929 2,140,674 2,112,918 - - - - - - 13,357,924 26,372,790 51%EMS101 56,097 64,095 52,178 65,731 31,047 51,891 - - - - - - 321,038 843,828 38%Fire Training Center101 3,535 5,188 4,907 9,783 5,697 6,674 - - - - - - 35,783 123,630 29%Sub Total4,634,340 4,460,818 4,606,374 5,874,938 4,488,172 4,668,407 - - - - - - 28,733,050 59,473,774 48%Community InvestmentSustainability101 1,808 546 864 6,877 - 50,000 - - - - - - 60,095 101,458 59%Sub Total1,808 546 864 6,877 - 50,000 - - - - - - 60,095 101,458 59%Arts & CultureMorris Performing Arts Center101 606,600 6,248 18,653 1,332 1,332 500 - - - - - - 634,665 656,962 97%Palais Royale Ballroom101 18,879 15,936 22,663 14,606 17,856 12,980 - - - - - - 102,920 229,403 45%Sub Total625,479 22,184 41,316 15,938 19,188 13,480 - - - - - - 737,585 886,365 83%Total General Fund6,096,339 5,487,230 6,638,236 7,128,441 5,742,307 5,760,304 - - - - - - 36,852,857 114,096,009 32%Venues, Parks & ArtsParks & RecreationPark Administration201 84,642 86,965 89,965 110,763 89,854 67,166 - - - - - - 529,356 1,133,336 47%Park Maintenance201 606,620 558,304 565,318 662,295 522,144 710,069 - - - - - - 3,624,750 9,202,281 39%Golf Courses201 94,822 83,034 118,212 213,841 239,335 175,201 - - - - - - 924,444 1,856,271 50%Recreational Experiences201 281,368 187,364 209,056 230,371 (30,817) 239,566 - - - - - - 1,116,909 2,480,739 45%Community Programming201 19,885 16,938 19,915 18,438 461,164 98,794 - - - - - - 635,134 1,627,786 39%Development & Promotions201 107,817 49,551 65,886 87,779 77,460 107,271 - - - - - - 495,765 1,119,622 44%Park Projects & Capital201 46,375 41,431 9,639 80,550 34,374 105,297 - - - - - - 317,665 1,696,920 19%Potawatomi Zoo201 350,150 150 150 150 350,150 150 - - - - - - 700,902 701,803 100%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 - - 2,017 450 - - - - - - 9,429 25,715 37%Professional Sports Convention Dev. Area 413 - 664,810 263,005 63,210 11,408 7,605 - - - - - - 1,010,038 3,602,900 28%Morris PAC Improvement416 17,030 - 416,519 37,250 23,525 185,794 - - - - - - 680,117 8,475,984 8%Palais Historic Preservation450 - - - - - - - - - - - - - 35,000 0%Morris Performing Arts Center Operations 602 97,320 96,327 107,667 119,650 64,730 71,628 - - - - - - 557,321 1,683,579 33%Sub Total2,045,042 1,796,235 1,865,332 1,624,298 1,845,343 1,768,991 - - - - - - 10,945,241 34,156,937 32%Parking GaragesParking Enforcement60162 62 162 182 62 (279) - - - - - - 249 1,038 24%Parking General Operations601 66,240 29,086 39,179 32,988 27,535 14,525 - - - - - - 209,553 579,121 36%Main Street Garage601 6,862 46,676 11,475 2,541 53,830 6,196 - - - - - - 127,580 309,407 41%Leighton Plaza Garage601 8,705 45,413 13,786 6,454 47,656 5,716 - - - - - - 127,730 271,422 47%Wayne Street Garage601 4,888 45,943 8,929 5,910 45,004 7,147 - - - - - - 117,821 252,507 47%Sub Total86,757 167,179 73,529 48,074 174,087 33,306 - - - - - - 582,933 1,413,495 41%Period Ending: June 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: June 30, 2022Century CenterCentury Center Operations 670 227,604 299,954 342,643 367,940 304,774 316,147 - - - - - - 1,859,062 4,094,958 45%Century Center Capital671 - - - - - - - - - - - - - 35,000 0%Century Center Energy Saving672 - - - 200,952 - - - - - - - - 200,952 402,368 50%Sub Total227,604 299,954 342,643 568,892 304,774 316,147 - - - - - - 2,060,014 4,532,326 45%Total Venues, Parks & Arts2,359,402 2,263,369 2,281,504 2,241,264 2,324,204 2,118,444 - - - - - - 13,588,188 40,102,758 34%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 35,028 125,512 - - - - - - 377,628 523,568 72%Public Safety Local Income Tax - Police 249 488,040 488,040 488,040 732,060 488,040 488,040 - - - - - - 3,172,260 6,344,523 50%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 - - - - 9,692 24,453 - - - - - - 34,145 78,500 43%K-9 Unit705 2,436 - - - - - - - - - - - 2,436 2,520 97%Sub Total743,640 550,723 554,554 782,533 532,760 638,004 - - - - - - 3,802,215 7,414,273 51%Fire DepartmentPublic Safety Local Income Tax - Fire 249 488,040 488,040 488,040 732,060 488,040 488,040 - - - - - - 3,172,260 6,344,524 50%Fire Department Capital287 567,083 - - - 807,991 - - - - - - - 1,375,074 6,798,339 20%Haz-Mat289 - - - - - - - - - - - - - 10,000 0%Indiana River Rescue291 6,946 22,300 7,181 3,339 14,005 10,816 - - - - - - 64,587 99,359 65%Sub Total1,062,069 510,340 495,221 735,399 1,310,036 498,856 - - - - - - 4,611,921 13,252,222 35%Total Public Safety1,805,709 1,061,063 1,049,776 1,517,931 1,842,796 1,136,860 - - - - - - 8,414,136 20,666,495 41%Public WorksStreetsMotor Vehicle Highway202 1,398,252 764,390 781,157 955,629 616,439 344,763 - - - - - - 4,860,629 11,856,151 41%Local Road & Street251 20,092 2,268 110,904 458,466 209,220 88,393 - - - - - - 889,344 3,656,900 24%LOIT 2016 Special Distribution257 - - - - - - - - - - - - - 56,950 0%Local Road & Bridge Grant265 - 197,847 - 12,698 130,582 98,617 - - - - - - 439,744 2,923,443 15%MVH Restricted Fund266 37,790 7,307 478,294 27,213 92,024 728,220 - - - - - - 1,370,849 5,070,313 27%Major Moves412 - 867 43,822 - - 17,712 - - - - - - 62,400 1,789,238 3%Project ReLeaf655 38,751 29,271 65,638 29,323 29,536 29,423 - - - - - - 221,942 449,708 49%Sub Total1,494,885 1,001,950 1,479,815 1,483,328 1,077,802 1,307,128 - - - - - - 7,844,908 25,802,703 30%Solid WasteSolid Waste Operations610 655,522 626,031 1,153,359 689,386 593,493 657,211 - - - - - - 4,375,001 7,106,763 62%Solid Waste Capital611 203,562 - 758,270 76,259 128,665 - - - - - - - 1,166,756 3,463,022 34%Sub Total859,084 626,031 1,911,629 765,645 722,159 657,211 - - - - - - 5,541,757 10,569,785 52%Water WorksWater Works Operations620 2,704,987 1,726,045 2,459,159 1,833,043 1,445,993 1,748,993 - - - - - - 11,918,220 24,213,606 49%Water Works Capital622 76,443 54,469 116,951 54,685 257,304 13,600 - - - - - - 573,451 12,735,287 5%Water Works Sinking (Debt Service) 625 - 500 - - - 194,623 - - - - - - 195,123 2,662,430 7%Sub Total2,781,430 1,781,014 2,576,110 1,887,727 1,703,298 1,957,216 - - - - - - 12,686,794 39,611,323 32%Wastewater/Sewer/Organic ResourcesSewer Repair Insurance640 53,257 53,984 139,898 72,885 72,678 77,477 - - - - - - 470,179 753,069 62%Sewer Division641 542,054 435,590 1,970,000 489,545 439,521 440,074 - - - - - - 4,316,783 7,988,649 54%Concrete Crew641 46,554 43,557 38,540 47,380 46,674 38,089 - - - - - - 260,795 558,385 47%Wastewater Operations641 4,632,060 2,192,494 2,272,603 2,408,207 2,253,710 2,410,609 - - - - - - 16,169,682 35,630,625 45%Organic Resources641 165,677 74,217 100,962 140,757 83,538 125,490 - - - - - - 690,641 1,548,840 45%Sewage Works Capital642 - - 726,313 1,441,592 21,374 8,786 - - - - - - 2,198,065 14,614,348 15%Sewage Works Sinking (Debt Service) 649 1,100 - 28,000 750 603,846 - - - - - - - 633,696 11,107,089 6%Sub Total5,440,702 2,799,843 5,276,316 4,601,115 3,521,341 3,100,524 - - - - - - 24,739,841 72,201,004 34%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: June 30, 2022Storm Water FeesStorm Sewer Fund 667 2,385 10,083 86,430 878 108,249 117,215 - - - - - - 325,240 2,271,456 14%Sub Total2,385 10,083 86,430 878 108,249 117,215 - - - - - - 325,240 2,271,456 14%Total Public Works10,578,486 6,218,919 11,330,299 8,738,694 7,132,848 7,139,294 - - - - - - 51,138,540 150,456,271 34%Department of Community InvestmentStudebaker/Oliver Revitalizing Grant 209 - - 2,717 2,064 150 2,258 - - - - - - 7,188 262,443 3%Economic Development State Grants 210 - 5,649 4,332 82,625 30,449 57,620 - - - - - - 180,676 604,236 30%DCI Operating 211 254,919 275,336 284,453 424,061 319,298 283,392 - - - - - - 1,841,459 5,759,541 32%DCI Grants212 74,337 82,586 194,358 238,384 111,485 269,112 - - - - - - 970,263 9,443,375 10%Unsafe Building219 700 1,510 - 3,440 1,470 - - - - - - - 7,120 23,000 31%Rental Units Regulation221 10,065 11,650 9,127 7,930 4,566 5,362 - - - - - - 48,700 450,794 11%Neighborhood Services & Enforcement 230234,472 186,104 198,925 239,355 194,183 165,482 - - - - - - 1,218,521 3,961,606 31%Animal Resource Center230 67,272 68,101 76,129 107,834 72,720 72,413 - - - - - - 464,470 1,167,829 40%UDAG410 6,000 - - 6,000 - - - - - - - - 12,000 24,000 50%Building Dept Operations600 173,560 143,680 146,873 185,990 147,383 143,107 - - - - - - 940,594 2,046,854 46%Industrial Revolving Fund754 123,432 2,272,544 441,050 75,093 621,545 62,283 - - - - - - 3,595,945 4,918,709 73%Total Dept of Community Investment944,756 3,047,161 1,357,964 1,372,777 1,503,250 1,061,029 - - - - - - 9,286,936 28,662,385 32%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 1,221,008 1,397,020 - - - - - - 7,214,079 17,596,408 41%Cumulative Capital Development 406 40,076 11,974 11,974 60,515 119,235 11,974 - - - - - - 255,747 512,428 50%Cumulative Capital Improvement 407 19,946 19,945 19,945 25,947 19,945 25,945 - - - - - - 131,673 489,341 27%Local Income Tax - Economic Develop. 408889,690 734,084 1,029,366 797,333 779,490 1,044,863 - - - - - - 5,274,827 29,782,859 18%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 79,445 768,998 158,391 - - - - - - 1,211,127 3,815,260 32%2017 Park Bond Capital471 - 111,492 68,518 35,501 44,948 63,959 - - - - - - 324,418 4,264,527 8%Equipment / Vehicle Leasing750 - - 347,697 - - - - - - - - - 347,697 347,697 100%Redevelopment Authority Debt Service 752 - 1,231,178 - - 365,763 - - - - - - - 1,596,941 3,044,328 52%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 3,319,386 2,702,153 - - - - - - 20,814,223 74,020,755 28%Internal Service FundsCentral ServicesEquipment Services222 763,846 748,148 701,554 935,944 695,495 884,730 - - - - - - 4,729,716 7,945,303 60%Radio Shop222 15,590 14,629 14,783 19,617 14,714 15,217 - - - - - - 94,551 283,073 33%Building Maintenance222 12,506 11,754 7,862 5,180 6,163 17,217 - - - - - - 60,682 221,091 27%Facilities Management222 14,890 6,925 6,557 6,557 6,557 14,019 - - - - - - 55,503 181,838 31%Central Services Capital222 - 2,256 - 26,750 22,400 - - - - - - - 51,406 242,425 21%Subtotal806,831 783,711 730,755 994,048 745,329 931,183 - - - - - - 4,991,858 8,873,729 56%Liability InsuranceBusiness Insurance226 38,439 24,555 - 597 8,979 35,516 - - - - - - 108,086 1,431,000 8%Liability Insurance226 4,030 13,597 52,521 23,093 18,973 66,683 - - - - - - 178,898 3,700,754 5%Workers Compensation226 218,111 1,581 253,259 (79,565) 12,250 903 - - - - - - 406,538 1,268,000 32%Catastrophic Events226 364 115 - - - - - - - - - - 479 103,324 0%Subtotal260,944 39,848 305,780 (55,875) 40,201 103,102 - - - - - - 694,001 6,503,078 11%IT / Innovation /311 Call Center 279 796,631 859,083 942,872 588,074 830,736 569,592 - - - - - - 4,586,988 11,054,062 41%Self-Funded Employee Benefits711 1,355,367 1,263,751 1,489,383 1,246,889 1,114,825 1,691,892 - - - - - - 8,162,107 18,399,864 44%Unemployment Compensation713 611 1,625 5,072 683 15,403 1,798 - - - - - - 25,192 80,000 31%Parental Leave714 6,041 9,818 7,200 6,645 4,664 2,647 - - - - - - 37,014 253,846 15%Total Internal Service Funds3,226,425 2,957,837 3,481,062 2,780,464 2,751,159 3,300,214 - - - - - - 18,497,161 45,164,579 41%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: June 30, 2022OtherMiscellaneousGift, Donation, Bequest 217 16,100 51,404 16,192 26,520 12,895 21,740 - - - - - - 144,850 740,289 20%Loss Recovery227 - - - - - - - - - - - - - - NA Human Rights Federal Grants258 14,958 15,083 19,199 20,837 14,972 20,774 - - - - - - 105,823 248,783 43%American Rescue Plan263 1,859,986 28,704 5,240 65,650 68,700 44,550 - - - - - - 2,072,830 13,510,000 15%COVID-19 Response264 57,024 41,280 72,156 26,081 24,700 80,693 - - - - - - 301,936 1,166,853 26%Sub Total1,948,068 136,471 112,787 139,088 121,267 167,757 - - - - - - 2,625,439 15,665,925 17%Fiduciary FundsFire Pension701 344,630 342,637 340,526 340,863 348,534 338,342 - - - - - - 2,055,532 4,583,888 45%Police Pension702 504,789 504,920 502,540 502,830 489,753 497,709 - - - - - - 3,002,541 6,057,740 50%Sub Total849,419 847,558 843,066 843,693 838,287 836,050 - - - - - - 5,058,073 10,641,628 48%Total Other2,797,487 984,029 955,854 982,781 959,554 1,003,808 - - - - - - 7,683,512 26,307,553 29%Total Civil City30,974,038 29,189,572 29,863,104 26,451,229 25,575,504 24,222,105 - - - - - - 166,275,553 499,476,804 33%Redevelopment Commission Controlled FundsTax Increment Financing FundsTIF River West Development Area 324 4,399,775 339,849 624,965 283,199 725,987 711,470 - - - - - - 7,085,247 25,071,685 28%TIF West Washington422 - - - - - - - - - - - - - 228,561 0%TIF River East Development Area 429 27,053 83,420 118,016 17,856 3,000 353,022 - - - - - - 602,367 6,078,801 10%TIF Southside Development #1430 51,507 1,494 6,950 2,351 509,917 359,835 - - - - - - 932,053 9,673,505 10%TIF Douglas Road435 178,553 - - - 1,308 - - - - - - - 179,861 254,036 71%TIF River East Residential Area436 2,195,625 246,664 - - - 1,500 - - - - - - 2,443,789 4,921,704 50%Sub Total6,852,513 671,427 749,932 303,406 1,240,212 1,425,827 - - - - - - 11,243,317 46,228,292 24%Redevelopment FundsRedevelopment General433 110,000 3,675 1,750 1,750 41,667 86,900 - - - - - - 245,742 1,141,283 22%Certified Technology Park439 - - - - - - - - - - - - - - NA 2018 TIF Park Bond Capital452 - - - - - 15,662 - - - - - - 15,662 2,389,024 1%Airport Urban Enterprise Zone454 - - - - - - - - - - - - - - NA Sub Total110,000 3,675 1,750 1,750 41,667 102,562 - - - - - - 261,404 3,530,307 7%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 1,281,879 1,528,389 - - - - - - 12,021,354 50,788,348 24%Total Expenditures37,936,551 30,381,307 30,614,786 26,756,386 26,857,383 25,750,494 - - - - - - 178,296,907 550,265,152 32%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 40,098 126,773 223 2022 Canon Copier Lease 102022 N/A 2023 279 Monthly 8,251 - 8,251 3,731 364 4,095 4,520 224 2022 Dell Computer Equipment Lease 92022 N/A 2025 279 Annual 202,985 - 202,985 57,654 - 57,654 145,331 225 2022 Vehicle/Equip Lease2022 N/A 2027 Various Biannual 8,042,233 - 8,042,233 829,763 19,416 849,179 7,212,470 Total Civil City Capital Lease Debt34,578,360 14,566,490 8,419,813 6,297,458 249,254 6,546,713 16,688,844 2022InterestCity of South BendFiscal Year 2022Outstanding DebtDebtSched.Debt InstrumentYear ofIssueYear ofRefinanceYear ofMaturityFundNo.2022 TotalDebt PaymentsDebt at12/31/22PmtsAmountIssuedDebt at1/1/222022Additions2022Principal29 2022InterestCity of South BendFiscal Year 2022Outstanding DebtDebtSched.Debt InstrumentYear ofIssueYear ofRefinanceYear ofMaturityFundNo.2022 TotalDebt PaymentsDebt at12/31/22PmtsAmountIssuedDebt at1/1/222022Additions2022PrincipalBonds25 2012 Water Works Refunding Revenue Bonds 2002 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 B 2009 2019 2030 625 Biannual 2,814,257 2,814,257 - 124,257 161,117 285,374 2,690,000 80 2020 Sewage Works Revenue Bonds Refunding 2010 2010 2020 2030 649 Biannual 4,830,000 4,290,000 - 405,000 171,600 576,600 3,885,000 99 2012 Water Works Revenue Bonds 2012 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 Bonds 2013 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 Bonds 2014 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 Bonds 2015 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 Bonds 2016 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 Civil 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 Civil 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 Civil City Loan Payable Debt4,595,297 3,299,738 - 321,857 112,630 434,487 2,977,881 Total Civil City Debt254,706,190 138,218,117 20,529,813 19,211,794 4,651,586 23,863,380 139,536,136 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 Debt381,291,468 213,185,131 20,529,813 26,592,996 7,387,614 33,980,610 207,121,948 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 8 9 - - - - - - Community Initiatives6 4 4 5 5 4 4 - - - - - - Community Police Review Board 1 - - - - - - - - - - - - City Clerk5 3 4 5 3 5 5 - - - - - - Common Council9 9 9 9 9 9 9 - - - - - - Controller's Office21 17 17 17 17 18 18 - - - - - - Human Resources8 5 5 4 2 5 5 - - - - - - Diversity & Inclusion3 3 3 3 1 1 1 - - - - - - Human Rights4 4 3 3 4 3 3 - - - - - - Legal Department13 10 9 11 11 11 11 - - - - - - Engineering25 23 23 23 22 22 23 - - - - - - Police Department276 270 260 257 265 262 260 - - - - - - Police Crime Lab7 6 6 6 5 5 6 - - - - - - Fire Department265 251 243 247 249 249 249 - - - - - - EMS4 4 4 4 4 4 4 - - - - - - 655 618 599 603 605 606 607 - - - - - - 201 - Parks & RecreationAdministration5 5 6 6 6 6 6 - - - - - - Maintenance43 43 47 46 45 46 46 - - - - - - Golf Courses9 7 7 7 7 7 8 - - - - - - Recreational Experiences10 10 10 10 10 10 10 - - - - - - Community Programming14 11 7 7 7 7 7 - - - - - - Development & Promotions7 7 6 7 7 8 8 - - - - - - 88 83 83 83 82 84 85 - - - - - - 202 - Motor Vehicle HighwayStreets/Traffic & Lighting 51 52 50 52 50 48 47 - - - - - - Curb & Sidewalk8 7 8 8 8 8 7 - - - - - - 59 59 58 60 58 56 54 - - - - - - 211 - Dept of Community Investment OperatingCommunity Investment37 28 28 28 27 28 30 - - - - - - Historic Preservation2 2 2 2 2 2 2 - - - - - - Office of Sustainability2 1 1 1 1 1 1 - - - - - - 41 31 31 31 30 31 33 - - - - - - June 30, 202231 City of South BendStaffing HeadcountJune 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 1 1 - - - - - - 222 - Central ServicesEquipment Services31 26 26 26 24 24 23 - - - - - - Radio Shop3 2 2 2 2 2 2 - - - - - - Building Maintenance3 2 1 - - 3 3 - - - - - - Facilities Management1 - - - - 1 1 - - - - - - 38 30 29 28 26 30 29 - - - - - - 230 - Code Enforcement FundNeighborhood Services20 20 20 19 19 17 16 - - - - - - Animal Resource Center9 7 8 9 8 8 8 - - - - - - 29 27 28 28 27 25 24 - - - - - - 258 - Human Rights Federal GrantsEEOC1 1 1 1 1 1 1 - - - - - - HUD1 1 1 1 1 1 1 - - - - - - 2 2 2 2 2 2 2 - - - - - - 279 - IT / Innovation / 311 Call Center311 Call Center8 8 8 8 8 8 8 - - - - - - Innovation & Technology24 22 21 21 21 20 20 - - - - - - 32 30 29 29 29 28 28 - - - - - - 600 - Consolidated Building FundBuilding Department16 15 15 15 14 14 16 - - - - - - 602 - Morris Performing Arts Center OperationsMorris Performing Arts Center9 9 8 6 5 6 6 - - - - - - 610 - Solid WasteSolid Waste25 23 24 24 24 24 24 - - - - - - 620 - Water WorksWater Works68 62 61 62 59 58 60 - - - - - - 640 - Sewer InsuranceSewer Repair2 2 2 2 2 2 2 - - - - - - 32 City of South BendStaffing HeadcountJune 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 35 34 - - - - - - Concrete Crew4 5 4 4 4 4 3 - - - - - - Wastewater44 39 42 42 41 39 39 - - - - - - Organic Resources6 6 6 6 6 5 5 - - - - - - 89 86 86 85 83 83 81 - - - - - - 670 - Century CenterCentury Center7 5 5 5 5 4 4 - - - - - - Total Full-Time Employees by Fund1,165 1,084 1,061 1,064 1,052 1,054 1,056 - - - - - - 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 8 9 - - - - - - Community Initiatives6 4 4 5 5 4 4 - - - - - - City Clerk5 3 4 5 3 5 5 - - - - - - Community Police Review Board 1 - - - - - - - - - - - - Common Council9 9 9 9 9 9 9 - - - - - - Controller's Office21 17 17 17 17 18 18 - - - - - - Human Resources8 5 5 4 2 5 5 - - - - - - Diversity & Inclusion3 3 3 3 1 1 1 - - - - - - Human Rights6 6 5 5 6 5 5 - - - - - - Legal Department13 10 9 11 11 11 11 - - - - - - Central Services38 30 29 28 26 30 29 - - - - - - 118 96 94 96 88 96 96 - - - - - - Public WorksEngineering25 23 23 23 22 22 23 - - - - - - Streets & Sewers100 102 98 99 96 97 93 - - - - - - Solid Waste25 23 24 24 24 24 24 - - - - - - Wastewater44 39 42 42 41 39 39 - - - - - - Organic Resources6 6 6 6 6 5 5 - - - - - - Water Works68 62 61 62 59 58 60 - - - - - - 268 255 254 256 248 245 244 - - - - - - 33 City of South BendStaffing HeadcountJune 30, 2022Full-Time Staffing Summary by ActivityBudget Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecPublic SafetyPolice - Sworn Officers 232 228 218 220 213 215 213 - - - - - - Police - Civilians43 42 42 38 41 41 42 - - - - - - Police - Police Recruit8 6 6 5 16 11 11 - - - - - - Fire/EMS - Sworn Firefighters 256 248 240 239 241 241 241 - - - - - - Fire/EMS - Civilians7 7 7 7 7 7 7 - - - - - - Fire/EMS - Fire Recruits6 - - 5 5 5 5 - - - - - - 552 531 513 514 523 520 519 - - - - - - Venues, Parks & ArtsParks & Recreation88 83 83 83 82 84 85 - - - - - - Morris Performing Arts Center9 9 8 6 5 6 6 - - - - - - Century Center7 5 5 5 5 4 4 - - - - - - 104 97 96 94 92 94 95 - - - - - - Department of Community InvestmentCommunity Investment39 30 30 30 29 30 32 - - - - - - Office of Sustainability2 1 1 1 1 1 1 - - - - - - Neighborhood Services25 22 21 20 20 18 17 - - - - - - Animal Resource Center9 7 8 9 8 8 8 - - - - - - Building Department16 15 15 15 14 14 16 - - - - - - 91 75 75 75 72 71 74 - - - - - - Department of Innovation & Technology32 30 29 29 29 28 28 - - - - - - Total Full-Time Employees by Activity1,165 1,084 1,061 1,064 1,052 1,054 1,056 - - - - - - 34 City of South BendStaffing HeadcountJune 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 1 1 - - - - - - Engineering1 1 1 1 1 1 - - - - - - Police Department18 20 20 18 41 35 - - - - - - Police Crime Lab1 1 1 1 1 1 - - - - - - Fire Department1 1 1 1 1 1 - - - - - - 23 25 25 22 45 39 - - - - - - 201 - Parks & RecreationMaintenance13 9 9 15 18 21 - - - - - - Golf Courses 6 10 38 43 48 51 - - - - - - Recreational Experiences 18 18 20 22 26 23 - - - - - - Development & Promotions 1 1 2 2 1 1 - - - - - - 38 38 69 82 93 96 - - - - - - 202 - Motor Vehicle HighwayStreets/Traffic & Lighting2 2 2 2 6 7 - - - - - - 222 - Central ServicesEquipment Services1 1 1 1 1 1 - - - - - - 230 - Code Enforcement FundNeighborhood Services1 1 1 1 1 1 - - - - - - Animal Resource Center2 2 2 2 3 3 - - - - - - 3 3 3 3 4 4 - - - - - - 602 - Morris Performing Arts Center OperationsMorris Performing Arts Center3 3 3 3 3 3 - - - - - - 620 - Water WorksWater Works- - 1 2 1 1 - - - - - - 641 - Sewage Works Sewers4 4 3 2 2 2 - - - - - - 670 - Century CenterCentury Center3 3 3 3 3 2 - - - - - - Total Part-Time Employees by Fund77 79 110 120 158 155 - - - - - - 35 City of South BendStaffing HeadcountJune 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 - 4 4 - - - - - - City Clerk1 1 1 - - - - - - - - - Common Council- - - - 1 1 - - - - - - Diversity & Inclusion2 2 2 1 1 - - - - - - - Legal Department- - - - 2 4 - - - - - - Engineering- - - - 6 6 - - - - - - Police Department- - - - 3 4 - - - - - - 5 5 8 1 17 19 - - - - - - 201 - Parks & RecreationMaintenance3 3 8 14 22 26 - - - - - - Golf Courses- 2 5 7 7 5 - - - - - - Recreational Experiences58 54 48 12 72 100 - - - - - - 61 59 61 33 101 131 - - - - - - 202 - Motor Vehicle HighwayStreets/Traffic & Lighting- - - 1 3 4 - - - - - - 230 - Code Enforcement FundAnimal Resource Center1 1 1 1 - - - - - - - - 279 - IT / Innovation / 311 Call CenterInnovation & Technology- - - - - 2 - - - - - - 620 - Water WorksWater Works- - - - 1 2 - - - - - - 641 - Sewage Works Sewers1 1 1 2 2 6 - - - - - - Wastewater1 - - - - - - - - - - - 2 1 1 2 2 6 - - - - - - Total Paid Temporary, Seasonal, and Intern Staff69 66 71 38 124 164 - - - - - - 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 1,054 1,056 - - - - - - Part Time Staff77 79 110 120 158 155 - - - - - - Temporary / Seasonal69 66 71 38 124 164 - - - - - - City Total1,165 1,230 1,206 1,245 1,210 1,336 1,375 - - - - - - 36 City of South Bend, Indiana Monthly Financial Report June 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 24,657,607 24,657,607 20,317,495 55% Intergov./ Shared Revenues 4,837,992 4,251,806 4,000,122 4,000,122 2,033,240 2,033,240 1,966,882 51% Intergov./ Grants 191,097 1,482,045 - - - - - - Licenses & Permits 281,230 258,054 294,125 294,125 153,630 153,630 140,495 52% Charges for Services 4,468,596 5,286,199 4,135,160 4,135,160 2,558,758 2,558,758 1,576,402 62% Fines, Forfeitures, and Fees 5,298 6,235 8,525 8,525 2,322 2,322 6,203 27% Interest Earnings 309,268 290,597 481,983 417,105 118,263 118,263 298,842 28% Donations 1,357,432 1,769,377 1,365,000 1,365,000 358,100 358,100 1,006,900 26% Other Income 1,706,245 1,238,059 1,333,520 1,398,836 665,668 665,668 733,168 48% Interfund Allocation Reimb 8,563,135 9,896,054 10,544,420 10,544,420 5,272,210 5,272,210 5,272,210 50% 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 73,217,720 38,859,462 38,859,462 34,358,260 53% Expenditures by Type Personnel Salaries & Wages 38,858,879 39,390,302 36,304,419 36,284,319 17,315,887 - 17,315,887 18,968,432 48% Fringe Benefits 13,303,099 13,920,158 17,929,005 17,949,105 8,019,018 630 8,019,648 9,929,457 45% Total Personnel 52,161,978 53,310,460 54,233,424 54,233,424 25,334,905 630 25,335,535 28,897,889 47% Supplies 1,720,163 2,033,958 2,265,998 2,487,718 1,356,887 268,570 1,625,457 862,261 65% Services & Charges Professional Services 1,755,294 1,811,607 2,011,038 2,370,877 747,902 832,622 1,580,523 790,353 67% Printing & Advertising 83,792 188,451 185,430 345,589 178,263 34,817 213,081 132,509 62% Utilities 663,087 654,363 614,408 614,408 311,742 - 311,742 302,666 51% Repairs & Maintenance 2,191,066 1,951,940 2,363,099 4,054,765 1,128,032 156,747 1,284,779 2,769,986 32% Education & Training 152,685 186,351 296,460 462,964 114,269 55,904 170,174 292,790 37% Travel 17,787 25,843 92,000 95,931 21,312 10,263 31,575 64,356 33% Grants & Subsidies 48,635 390,075 36,645,000 25,319,099 696,061 756,797 1,452,858 23,866,241 6% Other Services & Charges 491,973 597,714 575,273 7,246,773 296,264 891,949 1,188,214 6,058,559 16% 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 40,510,405 3,493,846 2,739,100 6,232,946 34,277,460 15% Operating Expenditures 59,440,332 61,298,229 99,282,130 97,231,548 30,185,638 3,008,300 33,193,938 64,037,610 34% Capital - - - 4,561,500 86,229 1,059,828 1,146,057 3,415,443 25% Bad Debt 8,070 649 300 1,300 555 - 555 745 43% Interfund Interfund Allocations 6,910,980 9,320,120 9,701,661 9,701,661 4,850,831 - 4,850,831 4,850,831 50% 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 6,580,436 - 6,580,436 5,721,226 53% Total Expenditures 66,534,960 75,567,091 109,584,091 114,096,009 36,852,857 4,068,128 40,920,986 73,175,024 36% Net Surplus / (Deficit) 8,350,746 1,452,607 (36,366,809) (40,878,289) 2,006,604 (2,061,524) 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 13,329,785 56,540,801 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 June 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 1,048,915 510,773 528 511,301 537,614 49% Community Initiatives 300,312 857,425 1,160,126 1,526,626 640,440 191,619 832,059 694,567 55% Community Police Review Office - 27,206 103,199 103,199 - - - 103,199 0% City Clerk 512,958 633,713 694,547 694,547 276,448 3,281 279,728 414,819 40% Common Council 483,761 593,820 724,311 724,941 234,799 32,422 267,221 457,720 37% 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 1,646,645 2,642,995 4,289,640 35,205,360 11% Finance 2,217,244 2,111,012 2,535,491 2,569,304 1,120,391 47,807 1,168,198 1,401,106 45% Human Resources 597,913 651,325 957,327 957,327 272,535 112 272,647 684,680 28% Diversity & Inclusion 254,986 546,687 611,073 740,743 233,162 98,983 332,145 408,598 45% Human Rights General 267,591 295,679 462,479 462,479 188,101 32,815 220,916 241,563 48% Legal Dept 1,299,029 1,399,494 1,695,716 1,695,716 703,226 7,440 710,666 985,050 42% Police General 27,639,992 30,031,479 31,101,209 31,263,638 14,702,259 398,170 15,100,430 16,163,208 48% Crime Lab 552,838 628,676 868,577 869,889 316,045 1,340 317,385 552,504 36% Fire General 26,056,166 26,373,821 26,165,969 26,372,790 13,357,924 394,999 13,752,923 12,619,866 52% EMS 592,302 710,778 825,174 843,828 321,038 34,536 355,574 488,253 42% Fire Training Center 30,175 32,253 148,000 123,630 35,783 1,873 37,655 85,975 30% Morris PAC 1,003,966 1,106,303 600,000 656,962 634,665 14,965 649,629 7,333 99% Palais Royale 221,414 149,547 208,649 229,403 102,920 17,286 120,206 109,197 52% Engineering 2,879,656 3,123,492 3,435,362 3,572,616 1,452,608 105,974 1,558,583 2,014,033 44% Sustainability 234,165 90,441 - 101,458 60,095 40,984 101,080 378 100% AmeriCorps 307,799 222,663 - - - - - - - Total Expenditures 66,534,960 75,567,091 109,584,091 114,096,009 36,852,857 4,068,128 40,920,986 73,175,023 36% NOTE: For more detail, see department and division summary pages that follow. 38 City of South Bend, Indiana Monthly Financial Report June 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 568,439 577,992 621,971 621,971 310,196 - 310,196 311,775 50% Fringe Benefits 199,062 205,069 231,870 231,870 110,076 - 110,076 121,794 47% Total Personnel 767,501 783,061 853,841 853,841 420,273 - 420,273 433,569 49% Supplies 6,028 3,888 5,500 5,500 1,889 - 1,889 3,611 34% Services & Charges Professional Services 143,724 - 7,000 6,500 - - - 6,500 0% Printing & Advertising 25,634 43,385 41,500 37,000 15,744 475 16,219 20,781 44% Repairs & Maintenance 800 650 300 300 33 - 33 267 11% Education & Training - 171 1,000 1,000 - - - 1,000 0% Travel - - 3,500 3,975 474 - 474 3,501 12% Other Services & Charges 740 1,110 500 5,058 4,490 53 4,543 515 90% Total Services & Charges 170,898 45,316 53,800 53,833 20,741 528 21,269 32,564 40% Operating Expenditures 944,428 832,264 913,141 913,174 442,902 528 443,430 469,744 49% Interfund Allocations 93,425 157,918 135,741 135,741 67,871 - 67,871 67,871 50% Total Expenditures 1,037,853 990,182 1,048,882 1,048,915 510,773 528 511,301 537,615 49% 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 June 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 119,402 218,129 320,394 320,394 124,368 - 124,368 196,026 39% Fringe Benefits 46,102 91,386 144,080 144,080 53,428 - 53,428 90,652 37% Total Personnel 165,504 309,515 464,474 464,474 177,796 - 177,796 286,678 38% Supplies - - - - 187 - 187 (187) - Services & Charges Professional Services 134,808 210,500 273,000 385,500 163,500 187,500 351,000 34,500 91% Printing & Advertising - 1,410 25,000 24,880 895 - 895 23,986 4% Education & Training - - 12,500 112,500 30,487 4,000 34,487 78,013 31% Travel - - - - - - - - - Grant & Subsidies - 336,000 350,000 504,000 250,000 - 250,000 254,000 50% Other Services & Charges - - - 120 - 119 119 1 99% Total Services & Charges 134,808 547,910 660,500 1,027,000 444,881 191,619 636,501 390,500 62% Operating Expenditures 300,312 857,425 1,124,974 1,491,474 622,864 191,619 814,483 676,991 55% Interfund Allocations - - 35,152 35,152 17,576 - 17,576 17,576 50% Total Expenditures 300,312 857,425 1,160,126 1,526,626 640,440 191,619 832,059 694,567 55% 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 June 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 June 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 270,954 288,911 320,512 320,512 134,187 - 134,187 186,325 42% Fringe Benefits 103,502 113,731 133,959 133,959 44,856 - 44,856 89,103 33% Total Personnel 374,456 402,642 454,471 454,471 179,043 - 179,043 275,428 39% Supplies 6,389 8,089 9,200 9,200 1,388 1,168 2,556 6,644 28% 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 5,554 - 5,554 21,946 20% Repairs & Maintenance 32,656 6,400 5,000 5,000 3,158 2,063 5,220 (220) 104% Education & Training 1,393 14,250 6,000 4,500 350 50 400 4,100 9% Travel 342 - 5,000 5,000 - - - 5,000 0% Other Services & Charges 4,963 7,635 7,500 9,000 3,489 - 3,489 5,511 39% Total Services & Charges 83,157 67,056 76,000 76,000 18,579 2,113 20,691 55,310 27% Operating Expenditures 464,002 477,787 539,671 539,671 199,010 3,281 202,290 337,382 37% Interfund Allocations 48,956 155,926 154,876 154,876 77,438 - 77,438 77,438 50% Total Expenditures 512,958 633,713 694,547 694,547 276,448 3,281 279,728 414,820 40% 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 June 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 95,587 - 95,587 165,271 37% Fringe Benefits 84,521 95,359 164,916 164,916 49,486 - 49,486 115,430 30% Total Personnel 271,770 277,497 425,774 425,774 145,073 - 145,073 280,701 34% Supplies 2,716 1,894 2,500 2,500 1,627 - 1,627 873 65% Services & Charges Professional Services 117,174 193,211 214,308 212,938 55,209 30,680 85,889 127,049 40% Printing & Advertising 7,973 35,048 6,200 5,900 4,056 250 4,306 1,594 73% Repairs & Maintenance 34,153 24,584 3,000 5,000 3,035 1,493 4,527 473 91% Education & Training 2,069 599 5,000 5,000 475 - 475 4,525 10% Travel 1,479 1,334 10,000 10,000 1,281 - 1,281 8,719 13% Other Services & Charges 4,091 4,714 14,000 14,300 2,278 - 2,278 12,022 16% Total Services & Charges 166,939 259,491 252,508 253,138 66,334 32,422 98,756 154,382 39% Operating Expenditures 441,425 538,882 680,782 681,412 213,034 32,422 245,456 435,956 36% Interfund Allocations 42,336 54,938 43,529 43,529 21,764 - 21,764 21,765 50% Total Expenditures 483,761 593,820 724,311 724,941 234,799 32,422 267,221 457,721 37% 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 June 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 1,490,200 596,310 - 596,310 893,890 40% Fringe Benefits 480,160 464,963 580,534 580,534 217,119 - 217,119 363,415 37% Total Personnel 1,834,099 1,786,330 2,070,734 2,070,734 813,429 - 813,429 1,257,305 39% Supplies 14,013 8,804 16,420 16,691 3,452 684 4,136 12,555 25% Services & Charges Professional Services 43,980 92,490 241,500 275,000 204,438 43,949 248,387 26,613 90% Printing & Advertising 1,203 4,914 2,000 2,342 1,687 - 1,687 655 72% Repairs & Maintenance 2,254 225 1,100 1,100 202 - 202 898 18% Education & Training 1,994 4,235 5,760 5,760 315 650 965 4,795 17% Travel 2,045 1,300 6,000 6,000 - 2,009 2,009 3,991 33% Other Services & Charges 14,429 19,228 11,585 11,285 6,671 515 7,186 4,099 64% Total Services & Charges 65,905 122,391 267,945 301,487 213,314 47,123 260,437 41,051 86% Operating Expenditures 1,914,017 1,917,524 2,355,099 2,388,912 1,030,195 47,807 1,078,002 1,310,911 45% Bad Debt - 55 - - - - - - - Interfund Allocations 303,227 193,433 180,392 180,392 90,196 - 90,196 90,196 50% Total Expenditures 2,217,244 2,111,012 2,535,491 2,569,304 1,120,391 47,807 1,168,198 1,401,107 45% 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 June 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 374,910 400,053 533,505 533,505 151,290 - 151,290 382,215 28% Fringe Benefits 139,389 148,223 215,402 215,402 53,232 - 53,232 162,170 25% Total Personnel 514,299 548,276 748,907 748,907 204,522 - 204,522 544,385 27% Supplies 642 2,165 11,250 11,250 1,791 53 1,844 9,406 16% Services & Charges Professional Services - - - - - - - - - Printing & Advertising 999 287 7,060 6,760 118 59 177 6,583 3% Repairs & Maintenance 100 150 - 450 450 - 450 - 100% Education & Training 795 1,361 52,700 52,700 1,570 - 1,570 51,130 3% Travel - - 6,000 6,000 - - - 6,000 0% Other Services & Charges 1,760 1,609 7,000 6,850 1,879 - 1,879 4,972 27% Total Services & Charges 3,655 3,407 72,760 72,760 4,017 59 4,076 68,685 6% Operating Expenditures 518,596 553,847 832,917 832,917 210,330 112 210,442 622,476 25% Interfund Allocations 79,317 97,478 124,410 124,410 62,205 - 62,205 62,205 50% Total Expenditures 597,913 651,325 957,327 957,327 272,535 112 272,647 684,681 28% 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 June 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 99,606 - 99,606 134,065 43% Fringe Benefits 50,278 64,933 82,633 82,633 26,846 - 26,846 55,787 32% Total Personnel 215,793 270,948 316,304 316,304 126,452 - 126,452 189,852 40% 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 63,737 49,363 113,100 46,950 71% Printing & Advertising 2,025 1,581 6,000 6,000 531 - 531 5,469 9% 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 1,000 - 1,000 4,000 20% Total Services & Charges 20,177 210,850 211,000 340,670 65,269 98,983 164,251 176,419 48% Operating Expenditures 236,044 483,283 528,804 658,474 192,028 98,983 291,011 367,464 44% Interfund Allocations 18,942 63,404 82,269 82,269 41,135 - 41,135 41,135 50% Total Expenditures 254,986 546,687 611,073 740,743 233,162 98,983 332,145 408,599 45% 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 June 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 134,381 135,895 245,062 245,062 103,592 - 103,592 141,470 42% Fringe Benefits 49,745 55,005 99,688 99,688 38,953 - 38,953 60,735 39% Total Personnel 184,125 190,901 344,750 344,750 142,545 - 142,545 202,205 41% Supplies 765 969 2,000 2,000 1,495 - 1,495 505 75% Services & Charges Professional Services 819 3,538 3,070 3,070 - - - 3,070 0% Printing & Advertising 347 407 1,500 1,805 807 - 807 998 45% Repairs & Maintenance 9,716 8,151 9,200 9,200 3,332 5,377 8,709 491 95% Education & Training 600 - 3,500 2,166 558 - 558 1,608 26% Travel - - - - - - - - - Other Services & Charges 44,073 45,538 51,140 52,169 15,705 27,438 43,143 9,026 83% Total Services & Charges 55,555 57,634 68,410 68,410 20,402 32,815 53,217 15,193 78% Operating Expenditures 240,446 249,504 415,160 415,160 164,441 32,815 197,257 217,903 48% Interfund Allocations 27,145 46,175 47,319 47,319 23,660 - 23,660 23,660 50% Total Expenditures 267,591 295,679 462,479 462,479 188,101 32,815 220,916 241,563 48% 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 June 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 1,093,537 450,422 - 450,422 643,115 41% Fringe Benefits 298,375 291,446 386,599 386,599 149,124 - 149,124 237,475 39% Total Personnel 1,206,003 1,186,938 1,480,136 1,480,136 599,546 - 599,546 880,590 41% Supplies 3,568 1,515 3,500 4,000 3,487 - 3,487 513 87% Services & Charges Professional Services 1,440 9,384 2,550 2,550 - - - 2,550 0% Printing & Advertising 106 252 1,000 500 - - - 500 0% Repairs & Maintenance 100 1,000 - - - - - - - Education & Training 8,063 7,108 12,000 12,000 3,159 - 3,159 8,841 26% Travel - - 5,500 3,500 845 - 845 2,655 24% Other Services & Charges 16,829 18,408 19,500 21,500 10,425 7,440 17,864 3,636 83% Total Services & Charges 26,538 36,152 40,550 40,050 14,429 7,440 21,868 18,182 55% Operating Expenditures 1,236,109 1,224,605 1,524,186 1,524,186 617,461 7,440 624,901 899,285 41% Bad Debt 100 - - - - - - - - Interfund Allocations 62,820 174,889 171,530 171,530 85,765 - 85,765 85,765 50% Total Expenditures 1,299,029 1,399,494 1,695,716 1,695,716 703,226 7,440 710,666 985,050 42% 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 June 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 1,952,122 851,442 - 851,442 1,100,680 44% Fringe Benefits 588,063 592,477 741,859 741,859 300,510 630 301,140 440,719 41% Total Personnel 2,268,284 2,324,174 2,693,981 2,693,981 1,151,953 630 1,152,583 1,541,399 43% Supplies 5,144 7,128 22,700 23,411 5,352 - 5,352 18,059 23% Services & Charges Professional Services 151,673 192,618 150,000 286,543 43,988 101,256 145,244 141,299 51% Printing & Advertising 1,872 5,897 8,535 10,535 3,089 172 3,261 7,274 31% Repairs & Maintenance 5,718 5,931 27,700 25,700 2,699 - 2,699 23,001 11% Education & Training 1,500 1,157 21,000 21,000 6,720 470 7,190 13,810 34% Travel 3,762 3,986 15,250 15,250 4,819 2,111 6,930 8,320 45% Other Services & Charges 12,230 11,024 36,300 36,300 4,041 1,335 5,376 30,924 15% Debt Service Principal 10,755 4,493 - - - - - - - Debt Service Interest & Fees 194 51 - - - - - - - Total Services & Charges 187,704 225,158 258,785 395,328 65,356 105,344 170,700 224,628 43% Operating Expenditures 2,461,132 2,556,460 2,975,466 3,112,720 1,222,660 105,974 1,328,635 1,784,086 43% Bad Debt 84 - - - - - - - - Interfund Allocations 418,440 567,032 459,896 459,896 229,948 - 229,948 229,948 50% Total Expenditures 2,879,656 3,123,492 3,435,362 3,572,616 1,452,608 105,974 1,558,583 2,014,034 44% Revenue Licenses & Permits 161,952 122,575 156,100 156,100 50,335 50,335 105,765 32% 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 1,514,420 757,210 757,210 757,210 50% Total Revenue 2,035,075 1,770,209 1,866,520 1,866,520 868,863 868,863 997,658 47% 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 June 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 40,984 51,080 378 99% 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 40,984 51,080 378 99% Operating Expenditures 224,425 70,295 - 51,458 10,095 40,984 51,080 378 99% Capital - - - 50,000 50,000 - 50,000 - 100% Interfund Allocations 9,740 20,146 - - - - - - - Total Expenditures 234,165 90,441 - 101,458 60,095 40,984 101,080 378 100% 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 June 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 June 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 6,988,877 - 6,988,877 7,893,178 47% Fringe Benefits 5,423,162 5,728,486 7,600,855 7,600,955 3,502,338 - 3,502,338 4,098,617 46% Total Personnel 20,986,615 22,098,933 22,483,010 22,483,010 10,491,215 - 10,491,215 11,991,795 47% Supplies 767,165 955,573 1,152,960 1,249,949 732,270 85,346 817,616 432,332 65% Services & Charges Professional Services 765,305 495,799 720,000 663,306 83,665 237,620 321,285 342,021 48% Printing & Advertising 3,288 55,375 24,721 178,941 129,382 23,665 153,046 25,895 86% Utilities 170,952 182,655 174,408 174,408 94,006 - 94,006 80,402 54% Repairs & Maintenance 871,987 822,096 980,199 972,578 418,596 23,539 442,135 530,442 45% Education & Training 426 56,136 - - - - - - - Travel 1,648 2,618 250 350 451 - 451 (101) 129% Grants & Subsidies 5,635 11,075 57,000 58,099 5,957 1,200 7,157 50,942 12% Other Services & Charges 272,222 344,841 349,608 312,445 156,210 26,801 183,011 129,433 59% 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 2,360,126 888,267 312,824 1,201,092 1,159,034 51% Operating Expenditures 23,988,164 25,168,022 25,942,156 26,093,085 12,111,753 398,170 12,509,923 13,583,161 48% Capital - - - 11,500 11,130 - 11,130 370 97% Bad Debt 397 - 300 300 - - - 300 0% Interfund Allocations 3,651,431 4,863,457 5,158,753 5,158,753 2,579,377 - 2,579,377 2,579,376 50% Total Expenditures 27,639,992 30,031,479 31,101,209 31,263,638 14,702,259 398,170 15,100,430 16,163,207 48% Revenue Intergov./ Grants - 210,402 - - - - - - Charges for Services 8,316 - - - - - - - Other Income 655,931 338,317 456,500 456,792 99,050 99,050 357,742 22% Donations - - 7,500 7,500 - - 7,500 0% Interfund Transfers In 1,547,272 - - - - - - - Total Revenue 2,211,518 548,719 464,000 464,292 99,050 99,050 365,242 21% 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 June 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 395,207 346,190 475,637 475,637 161,307 - 161,307 314,330 34% Fringe Benefits 142,250 118,776 184,461 184,461 55,407 - 55,407 129,054 30% Total Personnel 537,456 464,966 660,098 660,098 216,714 - 216,714 443,384 33% Supplies 15,373 15,138 17,000 18,312 3,591 1,340 4,931 13,381 27% Services & Charges Professional Services 8 - - - - - - - - Printing & Advertising - - - - - - - - - Education & Training - - - - - - - - - Travel - - - - - - - - - Other Services & Charges - - - - - - - - - Total Services & Charges 8 - - - - - - - - Operating Expenditures 552,838 480,105 677,098 678,410 220,305 1,340 221,645 456,765 33% Interfund Allocations - 148,571 191,479 191,479 95,739 - 95,739 95,740 50% Total Expenditures 552,838 628,676 868,577 869,889 316,045 1,340 317,385 552,505 36% Revenue Charges for Services 7,756 26,169 10,000 10,000 6,306 6,306 3,694 63% Total Revenue 7,756 26,169 10,000 10,000 6,306 6,306 3,694 63% 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 June 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 7,175,309 - 7,175,309 6,456,057 53% Fringe Benefits 5,397,609 5,621,419 7,250,515 7,270,515 3,375,840 - 3,375,840 3,894,675 46% Total Personnel 21,771,825 21,527,001 20,901,881 20,901,881 10,551,149 - 10,551,149 10,350,732 50% Supplies 591,801 592,256 678,568 767,787 422,851 154,445 577,296 190,491 75% Services & Charges Professional Services 233,686 351,832 204,000 202,809 90,791 129,996 220,787 (17,978) 109% Printing & Advertising 2,063 2,040 22,214 7,452 2,083 742 2,824 4,627 38% Utilities 293,257 271,750 315,000 315,000 151,349 - 151,349 163,651 48% Repairs & Maintenance 1,159,796 992,999 1,032,000 1,142,647 592,374 100,712 693,086 449,562 61% Education & Training 67,844 79,268 73,000 88,204 70,611 1,114 71,725 16,480 81% Travel 6,318 12,979 20,500 22,197 12,506 6,143 18,649 3,548 84% Other Services & Charges 39,047 50,324 38,500 44,507 24,058 1,847 25,905 18,602 58% Total Services & Charges 1,802,010 1,761,191 1,705,214 1,822,815 943,771 240,554 1,184,324 638,492 65% Operating Expenditures 24,165,636 23,880,448 23,285,663 23,492,484 11,917,771 394,999 12,312,770 11,179,715 52% Interfund Allocations 1,890,530 2,493,373 2,880,306 2,880,306 1,440,153 - 1,440,153 1,440,153 50% Total Expenditures 26,056,166 26,373,821 26,165,969 26,372,790 13,357,924 394,999 13,752,923 12,619,868 52% Revenue Charges for Services 337 340 1,500 1,500 150 150 1,350 10% Intergov./ Grants 14,866 94,668 - - - - - - Licenses & Permits 19,227 23,137 24,000 24,000 11,812 11,812 12,188 49% Donations 420 - - - 100 100 (100) - Other Income 6,033 20,678 1,000 1,146 18,879 18,879 (17,733) 1647% Interfund Transfers In 3,474,135 607,079 - - - - - - Total Revenue 3,515,018 745,902 26,500 26,646 30,941 30,941 (4,295) 116% 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 June 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 73,393 - 73,393 83,411 47% Fringe Benefits 75,881 79,326 85,060 85,060 41,802 - 41,802 43,258 49% Total Personnel 214,005 225,543 241,864 241,864 115,195 - 115,195 126,669 48% Supplies 232,073 387,434 332,900 351,554 153,648 23,262 176,909 174,644 50% Services & Charges Professional Services 14,058 22,033 80,610 80,610 20,907 11,275 32,182 48,428 40% Printing & Advertising 220 - 12,200 12,200 - - - 12,200 0% Repairs & Maintenance 2,640 3,704 133,600 116,600 - - - 116,600 0% Education & Training 66,239 7,912 4,000 4,000 - - - 4,000 0% Other Services & Charges 47,260 63,559 20,000 36,000 30,734 - 30,734 5,266 85% Total Services & Charges 130,417 97,208 250,410 249,410 51,641 11,275 62,915 186,494 25% Operating Expenditures 576,495 710,184 825,174 842,828 320,483 34,536 355,020 487,807 42% Bad Debt 5,648 594 - 1,000 555 - 555 445 55% Interfund Allocations 10,159 - - - - - - - - Total Expenditures 592,302 710,778 825,174 843,828 321,038 34,536 355,574 488,252 42% Revenue Charges for Services 3,491,328 4,195,362 3,608,000 3,608,000 2,399,698 2,399,698 1,208,302 67% 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 2,399,710 2,399,710 1,208,290 67% 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 June 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 10,630 12,894 1,873 14,767 (4,137) 139% Services & Charges Professional Services - - - 1,100 1,099 - 1,099 1 100% Utilities 5,729 18,331 33,000 33,000 17,543 - 17,543 15,457 53% Repairs & Maintenance 10,605 635 110,000 78,900 4,246 - 4,246 74,654 5% Total Services & Charges 16,334 18,966 143,000 113,000 22,889 - 22,889 90,112 20% Operating Expenditures 30,175 32,253 148,000 123,630 35,783 1,873 37,655 85,975 30% Total Expenditures 30,175 32,253 148,000 123,630 35,783 1,873 37,655 85,975 30% 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 June 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 14,318 9,455 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 26,230 14,965 41,194 7,333 85% Operating Expenditures 617,512 868,330 - 56,962 34,665 14,965 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 1,106,303 600,000 656,962 634,665 14,965 649,629 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 - 100% 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 - 100% 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 June 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 2,224 400 2,623 2,377 52% Services & Charges Printing & Advertising 3,693 - - - - - - - - Utilities 80,505 71,095 92,000 92,000 48,843 - 48,843 43,157 53% Repairs & Maintenance 26,223 23,356 61,000 76,767 26,250 6,887 33,136 43,631 43% Other Services & Charges 5,539 8,062 14,640 19,626 7,599 10,000 17,598 2,028 90% Total Services & Charges 115,959 102,514 167,640 188,394 82,692 16,886 99,578 88,816 53% Operating Expenditures 177,777 104,140 172,640 193,394 84,916 17,286 102,202 91,193 53% Interfund Interfund Allocations 43,637 45,407 36,009 36,009 18,005 - 18,005 18,005 50% Interfund Total 43,637 45,407 36,009 36,009 18,005 - 18,005 18,005 50% Total Expenditures 221,414 149,547 208,649 229,403 102,920 17,286 120,206 109,198 52% Revenue Charges for Services 88,843 122,575 136,190 136,190 72,457 72,457 63,733 53% Other Income 4,966 - - - 4,299 4,299 (4,299) - Total Revenue 93,809 122,575 136,190 136,190 76,757 76,757 59,434 56% 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 June 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 1,553,738 1,553,738 1,496,262 51% Intergov./ Grants - 123,272 - - - - - - Licenses & Permits 300 1,975 1,500 1,500 1,050 1,050 450 70% Charges for Services 290,475 224,847 262,300 256,455 40,842 40,842 215,613 16% Interest Earnings 39,751 23,518 19,635 19,635 9,456 9,456 10,179 48% Debt Proceeds 1,778,948 890,000 775,000 817,500 817,500 817,500 - 100% Other Income 56,716 41,861 6,000 39,022 38,803 38,803 219 99% Interfund Allocation Reimb 149,020 150,163 187,963 187,963 93,981 93,981 93,982 50% Interfund Transfers In 4,937,750 3,500,000 5,550,000 5,550,000 2,775,000 2,775,000 2,775,000 50% Total Revenue 10,238,117 8,159,765 9,852,398 9,922,075 5,330,370 5,330,370 4,591,705 54% Expenditures by Activity Streets / Traffic & Lighting 7,154,221 8,652,023 8,317,336 9,436,290 4,015,603 1,219,509 5,235,112 4,201,177 55% Curb & Sidewalk Program 1,202,773 1,320,264 1,879,899 2,419,862 845,026 92,672 937,699 1,482,163 39% Total Expenditures 8,356,994 9,972,287 10,197,235 11,856,151 4,860,629 1,312,182 6,172,811 5,683,340 52% Expenditures by Type Personnel Salaries & Wages 2,715,345 2,826,835 3,330,520 3,330,520 1,517,255 - 1,517,255 1,813,265 46% Fringe Benefits 1,138,382 1,168,166 1,423,392 1,423,392 657,958 - 657,958 765,434 46% Total Personnel 3,853,726 3,995,001 4,753,912 4,753,912 2,175,212 - 2,175,212 2,578,699 46% Supplies 1,065,253 898,714 720,794 859,521 552,768 50,505 603,272 256,248 70% Services & Charges Professional Services 255,097 389,410 700,000 1,239,963 438,829 91,676 530,505 709,458 43% Printing & Advertising 194 771 2,950 3,142 192 195 387 2,755 12% Utilities 44,364 41,299 51,856 51,856 29,397 - 29,397 22,459 57% Repairs & Maintenance 699,746 637,358 692,525 636,382 408,897 2,795 411,693 224,689 65% Education & Training 13,900 2,845 10,000 8,291 8,291 - 8,291 - 100% Travel 2,210 - 5,000 8,000 5,135 - 5,135 2,865 64% Other Services & Charges 161,862 102,368 149,210 146,569 1,308 455 1,763 144,806 1% Debt Service Principal 590,097 874,648 953,898 954,165 402,292 - 402,292 551,873 42% Debt Service Interest & Fees 28,674 39,036 52,508 52,241 17,532 - 17,532 34,709 34% Total Services & Charges 1,796,145 2,087,736 2,617,947 3,100,609 1,311,872 95,122 1,406,994 1,693,614 45% Operating Expenditures 6,715,125 6,981,451 8,092,653 8,714,041 4,039,852 145,627 4,185,479 4,528,561 48% Capital 102,840 1,571,080 775,000 1,812,528 155,986 1,166,555 1,322,541 489,987 73% Bad Debt 4,042 - - - - - - - - Interfund Allocations 1,534,987 1,419,756 1,329,582 1,329,582 664,791 - 664,791 664,791 50% Total Expenditures 8,356,994 9,972,287 10,197,235 11,856,151 4,860,629 1,312,182 6,172,811 5,683,339 52% Net Surplus / (Deficit) 1,881,123 (1,812,522) (344,837) (1,934,076) 469,741 (842,441) 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 2,838,339 5,285,483 Cash Reserves Target 2,089,248 2,493,072 2,964,038 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 June 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 1,553,738 1,553,738 1,496,262 51% Interest Earnings 12,589 9,704 285 8,785 7,035 7,035 1,750 80% Debt Proceeds - - 925,000 888,007 888,007 888,007 - 100% Total Revenue 2,997,747 3,213,833 3,975,285 3,946,792 2,448,780 2,448,780 1,498,012 62% Expenditures by Type Personnel Salaries & Wages 221,144 247,754 429,064 429,064 73,561 - 73,561 355,503 17% Fringe Benefits 103,529 110,873 159,953 159,953 35,802 - 35,802 124,151 22% Total Personnel 324,673 358,626 589,017 589,017 109,362 - 109,362 479,654 19% Supplies 1,165,290 1,099,093 1,516,135 1,579,007 525,980 269,218 795,198 783,809 50% Services & Charges Professional Services - 249,700 - - - - - - - Repairs & Maintenance 1,042,462 568,445 1,419,325 1,816,325 551,391 820,411 1,371,802 444,523 76% Debt Service Principal - - 175,924 176,214 - - - 176,214 0% Debt Service Interest & Fees - - 22,033 21,743 - - - 21,743 0% Total Services & Charges 1,042,462 818,145 1,617,282 2,014,282 551,391 820,411 1,371,802 642,480 68% Capital - 15,800 925,000 888,007 184,116 662,791 846,907 41,100 95% Total Expenditures 2,532,426 2,291,664 4,647,434 5,070,313 1,370,849 1,752,421 3,123,269 1,947,043 62% Net Surplus / (Deficit) 465,321 922,169 (672,149) (1,123,521) 1,077,932 (674,489) Beginning Cash Balance 650,402 1,126,297 2,042,332 Cash Adjustments 10,574 (6,134) - Ending Cash Balance 1,126,297 2,042,332 918,812 3,153,582 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 June 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 3,107,476 3,107,476 2,992,524 51% Intergov./ Grants - 123,272 - - - - - - Licenses & Permits 300 1,975 1,500 1,500 1,050 1,050 450 70% Charges for Services 290,475 224,847 262,300 256,455 40,842 40,842 215,613 16% Interest Earnings 52,340 33,222 19,920 28,420 16,491 16,491 11,929 58% Debt Proceeds 1,778,948 890,000 1,700,000 1,705,507 1,705,507 1,705,507 - 100% Other Income 56,716 41,861 6,000 39,022 38,803 38,803 219 99% Interfund Allocation Reimb 149,020 150,163 187,963 187,963 93,981 93,981 93,982 50% Interfund Transfers In 4,937,750 3,500,000 5,550,000 5,550,000 2,775,000 2,775,000 2,775,000 50% Total Revenue 13,235,863 11,373,598 13,827,683 13,868,867 7,779,151 7,779,151 6,089,717 56% Expenditures by Fund Motor Vehicle Highway (#202)8,356,994 9,972,287 10,197,235 11,856,151 4,860,629 1,312,182 6,172,811 5,683,341 52% MVH Restricted (#266)2,532,426 2,291,664 4,647,434 5,070,313 1,370,849 1,752,421 3,123,269 1,947,043 62% Total Expenditures 10,889,419 12,263,951 14,844,669 16,926,464 6,231,478 3,064,602 9,296,080 7,630,384 55% Expenditures by Activity Streets / Traffic & Lighting 9,686,646 10,943,687 12,964,770 14,506,602 5,386,452 2,971,930 8,358,381 6,148,221 58% Curb & Sidewalk Program 1,202,773 1,320,264 1,879,899 2,419,862 845,026 92,672 937,699 1,482,163 39% Total Expenditures 10,889,419 12,263,951 14,844,669 16,926,464 6,231,478 3,064,602 9,296,080 7,630,384 55% Expenditures by Type Personnel Salaries & Wages 2,936,488 3,074,589 3,759,584 3,759,584 1,590,815 - 1,590,815 2,168,769 42% Fringe Benefits 1,241,911 1,279,038 1,583,345 1,583,345 693,759 - 693,759 889,586 44% Total Personnel 4,178,400 4,353,627 5,342,929 5,342,929 2,284,574 - 2,284,574 3,058,355 43% Supplies 2,230,544 1,997,807 2,236,929 2,438,527 1,078,747 319,723 1,398,470 1,040,057 57% Services & Charges Professional Services 255,097 639,109 700,000 1,239,963 438,829 91,676 530,505 709,458 43% Printing & Advertising 194 771 2,950 3,142 192 195 387 2,755 12% Utilities 44,364 41,299 51,856 51,856 29,397 - 29,397 22,459 57% Repairs & Maintenance 1,742,208 1,205,803 2,111,850 2,452,707 960,288 823,207 1,783,494 669,213 73% Education & Training 13,900 2,845 10,000 8,291 8,291 - 8,291 - 100% Travel 2,210 - 5,000 8,000 5,135 - 5,135 2,865 64% Other Services & Charges 161,862 102,368 149,210 146,569 1,308 455 1,763 144,806 1% Debt Service Principal 590,097 874,648 1,129,822 1,130,378 402,292 - 402,292 728,086 36% Debt Service Interest & Fees 28,674 39,036 74,541 73,985 17,532 - 17,532 56,453 24% Total Services & Charges 2,838,607 2,905,881 4,235,229 5,114,891 1,863,263 915,533 2,778,796 2,336,095 54% Operating Expenditures 9,247,550 9,257,315 11,815,087 12,896,347 5,226,585 1,235,256 6,461,841 6,434,507 50% Capital 102,840 1,586,880 1,700,000 2,700,535 340,102 1,829,346 2,169,448 531,087 80% Bad Debt 4,042 - - - - - - - - Interfund Allocations 1,534,987 1,419,756 1,329,582 1,329,582 664,791 - 664,791 664,791 50% Total Expenditures 10,889,419 12,263,951 14,844,669 16,926,464 6,231,478 3,064,602 9,296,080 7,630,385 55% Net Surplus / (Deficit) 2,346,444 (890,352) (1,016,986) (3,057,597) 1,547,673 (1,516,929) 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 3,757,151 8,439,065 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 June 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 1,014,127 1,014,127 815,025 55% Intergov./ Grants 101,082 670,528 947,000 936,490 - - 936,490 0% Interest Earnings 43,781 18,850 7,417 7,417 6,903 6,903 514 93% Other Income 18,968 - - 10,510 10,510 10,510 - 100% Interfund Transfers In - - - - - - - - Total Revenue 1,945,448 2,628,875 2,783,569 2,783,569 1,031,539 1,031,539 1,752,029 37% Expenditures by Type Supplies 4,468 367,364 350,000 133,184 32,911 28,538 61,449 71,735 46% Services & Charges Professional Services 200,078 459,207 1,170,000 1,742,455 379,694 1,019,652 1,399,345 343,110 80% Repairs & Maintenance 795,967 534,977 250,000 168,494 42,176 126,318 168,494 - 100% Other Services & Charges 2,094 8,202 - - - - - - - Total Services & Charges 998,139 1,002,386 1,420,000 1,910,949 421,870 1,145,969 1,567,839 343,110 82% Capital 1,552,078 543,198 300,000 612,767 84,462 206,183 290,645 322,121 47% 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 3,656,900 889,344 1,380,690 2,270,034 1,386,866 62% Net Surplus / (Deficit) (1,609,236) (1,284,072) (286,431) (873,331) 142,196 (1,238,494) 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 2,506,302 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 June 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 1,469 543 843 689 689 154 82% Other Income - 1,500 - - - - - - Total Revenue 145,354 2,969 543 843 689 689 154 82% 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 (56,107) 689 (56,261) Beginning Cash Balance 170,735 266,588 245,630 Cash Adjustments 293 - - Ending Cash Balance 266,588 245,630 189,523 246,319 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 June 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 2,427 2,427 2,427 - 100% 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 2,002,427 702,627 702,627 1,299,800 35% Expenditures by Type Services & Charges Repairs & Maintenance 1,691,081 2,482,521 2,000,000 2,923,443 439,744 275,371 715,115 2,208,327 24% Other Services & Charges - - - - - - - - - Total Services & Charges 1,691,081 2,482,521 2,000,000 2,923,443 439,744 275,371 715,115 2,208,327 24% Capital - - - - - - - - - Total Expenditures 1,691,081 2,482,521 2,000,000 2,923,443 439,744 275,371 715,115 2,208,327 24% Net Surplus / (Deficit) 941,291 (686,618) 1,049 (921,016) 262,883 (12,488) Beginning Cash Balance 449,431 1,391,493 704,875 Cash Adjustments 770 - - Ending Cash Balance 1,391,493 704,875 (216,141) 1,066,375 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 June 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 6,250 5,719 5,719 531 91% Other Income 493,328 493,328 493,328 493,328 246,664 246,664 246,664 50% Total Revenue 511,407 587,639 496,809 499,578 252,383 252,383 247,195 51% Expenditures by Type Supplies - - 350,000 350,000 - - - 350,000 0% Services & Charges Professional Services 108,890 57,027 - 489,238 62,400 363,488 425,888 63,350 87% Repairs & Maintenance 44,201 - 450,000 450,000 - - - 450,000 0% Total Services & Charges 153,090 57,027 450,000 939,238 62,400 363,488 425,888 513,350 45% Capital 649,253 27,855 500,000 500,000 - 17,569 17,569 482,431 4% Interfund Transfers Out 522,365 - - - - - - - - Total Expenditures 1,324,708 84,882 1,300,000 1,789,238 62,400 381,057 443,457 1,345,781 25% Net Surplus / (Deficit)(813,301) 502,758 (803,191) (1,289,660) 189,982 (191,074) Beginning Cash Balance 2,195,972 1,386,436 1,889,193 Cash Adjustments 3,765 - - Ending Cash Balance 1,386,436 1,889,193 599,533 2,079,397 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 June 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 - 12,000 9,348 9,348 2,652 78% Interfund Transfers In - 8,601,026 - - - - - - Total Revenue - 8,622,248 - 12,000 9,348 9,348 2,652 78% Expenditures by Type Capital - 3,785,766 - 3,815,260 1,211,127 449,952 1,661,079 2,154,181 44% Interfund Transfers Out - 1,000,000 - - - - - - - Total Expenditures - 4,785,766 - 3,815,260 1,211,127 449,952 1,661,079 2,154,181 44% Net Surplus / (Deficit)- 3,836,482 - (3,803,260) (1,201,779) (1,651,732) Beginning Cash Balance - - 3,836,482 Cash Adjustments - - - Ending Cash Balance - 3,836,482 33,222 2,788,293 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 June 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 3,342,678 3,342,678 3,055,522 52% Interest Earnings 2,362 781 - 2,000 1,834 1,834 166 92% Other Income 98,540 49,951 45,000 64,374 63,219 63,219 1,155 98% Interfund Transfers In 250,000 1,796,371 - 263,149 263,149 263,149 - 100% Total Revenue 6,007,008 7,939,316 6,443,200 6,727,723 3,670,880 3,670,880 3,056,843 55% Expenditures by Type Personnel Salaries & Wages 1,151,775 1,116,262 1,294,255 1,294,255 588,806 - 588,806 705,449 45% Fringe Benefits 491,924 450,803 625,177 625,177 244,193 - 244,193 380,984 39% Total Personnel 1,643,699 1,567,066 1,919,432 1,919,432 832,999 - 832,999 1,086,433 43% Supplies 328,387 314,035 448,120 449,050 177,420 67,646 245,066 203,984 55% Services & Charges Printing & Advertising 504 4,106 5,193 5,193 1,170 - 1,170 4,023 23% Repairs & Maintenance 1,156,210 1,249,530 1,030,000 1,030,000 890,986 - 890,986 139,014 87% Education & Training - 17,160 20,000 20,000 180 - 180 19,820 1% Travel - - 9,900 9,900 - - - 9,900 0% Other Services & Charges 1,163,619 1,126,780 1,206,884 1,299,253 574,045 548,015 1,122,061 177,192 86% Debt Service Principal - 250,000 - - - - - - - Total Services & Charges 2,320,333 2,647,575 2,271,977 2,364,346 1,466,381 548,015 2,014,396 349,949 85% Operating Expenditures 4,292,419 4,528,676 4,639,529 4,732,828 2,476,800 615,661 3,092,462 1,640,366 65% Bad Debt 35,467 24,584 62,273 62,273 619,630 - 619,630 (557,357) 995% Interfund Interfund Allocations 958,978 1,185,129 1,187,501 1,187,501 593,750 - 593,750 593,751 50% Interfund Transfers Out 979,213 867,967 1,124,161 1,124,161 684,820 - 684,820 439,341 61% Total Interfund 1,938,191 2,053,096 2,311,662 2,311,662 1,278,571 - 1,278,571 1,033,092 55% Total Expenditures 6,266,076 6,606,356 7,013,464 7,106,763 4,375,001 615,661 4,990,662 2,116,101 70% Net Surplus / (Deficit) (259,069) 1,332,960 (570,264) (379,040) (704,120) (1,319,782) Beginning Cash Balance 449,145 87,032 906,471 Cash Adjustments (103,044) (513,522) - Ending Cash Balance 87,032 906,471 527,431 386,535 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 June 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 - 550 440 440 110 80% Debt Proceeds 375,000 758,270 1,430,000 1,559,726 1,559,726 1,559,726 - 100% Interfund Transfers In 979,213 867,967 1,124,161 1,124,161 684,820 684,820 439,341 61% Total Revenue 1,355,159 1,626,271 2,554,161 2,684,437 2,244,986 2,244,986 439,451 84% Expenditures by Type Services & Charges Debt Service Principal 927,626 843,122 1,061,327 1,061,836 393,268 - 393,268 668,567 37% Debt Service Interest & Fees 51,027 37,977 62,834 62,325 15,218 - 15,218 47,107 24% Total Services & Charges 978,653 881,100 1,124,161 1,124,161 408,486 - 408,486 715,674 36% Capital 53,416 354,135 1,430,000 2,338,861 758,270 1,294,726 2,052,996 285,865 88% Total Expenditures 1,032,069 1,235,235 2,554,161 3,463,022 1,166,756 1,294,726 2,461,482 1,001,539 71% Net Surplus / (Deficit) 323,090 391,036 - (778,585) 1,078,230 (216,496) Beginning Cash Balance 64,925 388,126 779,163 Cash Adjustments 111 - - Ending Cash Balance 388,126 779,163 578 1,857,392 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 June 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 8,859,457 8,859,457 11,160,914 44% Interest Earnings 29,477 28,409 15,362 35,362 32,732 32,732 2,630 93% Other Income 30,256 23,582 20,000 105,912 98,803 98,803 7,109 93% Interfund Allocation Reimb 1,788,327 1,856,424 1,414,701 1,414,701 707,351 707,351 707,351 50% Interfund Transfers In 83,727 656,984 - 294,102 294,102 294,102 - 100% Total Revenue 21,461,793 21,989,022 21,470,434 21,870,448 9,992,444 9,992,444 11,878,004 46% Expenditures by Type Personnel Salaries & Wages 3,387,258 3,192,897 3,894,196 3,894,196 1,717,681 - 1,717,681 2,176,515 44% Fringe Benefits 1,442,985 1,353,254 1,764,581 1,764,581 761,169 - 761,169 1,003,412 43% Total Personnel 4,830,243 4,546,151 5,658,777 5,658,777 2,478,850 - 2,478,850 3,179,927 44% Supplies 1,266,625 1,039,704 1,531,847 1,912,196 790,540 339,588 1,130,129 782,067 59% Services & Charges Professional Services 850,848 749,968 656,560 1,157,568 341,436 461,767 803,203 354,365 69% Printing & Advertising 2,209 2,029 10,359 10,359 2,067 - 2,067 8,292 20% Utilities 752,924 774,893 825,700 825,700 406,247 - 406,247 419,453 49% Repairs & Maintenance 388,841 465,164 446,700 514,744 149,884 102,802 252,686 262,058 49% Education & Training 10,322 20,142 32,675 33,875 4,816 400 5,216 28,659 15% Travel 2,754 - 18,750 18,750 - - - 18,750 0% Other Services & Charges 2,998,135 2,896,198 3,079,422 3,171,675 1,311,631 236,260 1,547,890 1,623,785 49% 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 2,318,170 801,229 3,119,399 2,817,452 53% Operating Expenditures 11,520,310 10,798,983 12,464,970 13,507,823 5,587,560 1,140,817 6,728,377 6,779,446 50% Bad Debt 99,420 51,503 100,000 100,000 1,012,473 - 1,012,473 (912,473) 1012% Interfund Interfund Allocations 2,184,334 2,267,793 2,342,714 2,342,714 1,171,357 - 1,171,357 1,171,357 50% 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 3,340,010 - 3,340,010 3,309,420 50% Total Interfund 8,980,707 8,830,696 10,605,783 10,605,783 5,318,187 - 5,318,187 5,287,597 50% Total Expenditures 20,600,437 19,681,182 23,170,753 24,213,606 11,918,220 1,140,817 13,059,037 11,154,570 54% Net Surplus / (Deficit) 861,356 2,307,840 (1,700,319) (2,343,158) (1,925,775) (3,066,592) 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 4,207,299 4,876,369 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 June 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 20,316 20,316 189,684 10% Interest Earnings 51,626 50,372 2,173 32,000 29,317 29,317 2,683 92% Other Income 9,568 11,040 - - - - - - Interfund Transfers In 3,862,000 3,373,000 3,987,000 3,971,704 1,993,500 1,993,500 1,978,204 50% Total Revenue 4,160,101 3,606,371 4,199,173 4,213,704 2,043,133 2,043,133 2,170,571 48% Expenditures by Type Services & Charges Professional Services 31,704 22,740 100,000 309,347 26,649 32,698 59,347 250,000 19% Total Services & Charges 31,704 22,740 100,000 309,347 26,649 32,698 59,347 250,000 19% Capital 726,784 1,511,591 8,887,000 12,425,940 546,803 4,948,473 5,495,276 6,930,664 44% Bad Debt - (428) - - - - - - - Total Expenditures 758,488 1,533,903 8,987,000 12,735,287 573,451 4,981,172 5,554,623 7,180,664 44% Net Surplus / (Deficit) 3,401,613 2,072,468 (4,787,827) (8,521,583) 1,469,682 (3,511,490) 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 1,151,396 11,251,186 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 June 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 1,287,647 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 June 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 1,331,214 1,331,214 1,331,216 50% Total Revenue 1,226,907 1,511,520 2,662,430 2,662,430 1,331,214 1,331,214 1,331,216 50% 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 443,037 417,148 723,157 723,157 195,123 - 195,123 528,034 27% Total Services & Charges 1,501,136 1,511,025 2,662,430 2,662,430 195,123 - 195,123 2,467,307 7% Interfund Transfers Out 10,069 2,818 - - - - - - - Total Expenditures 1,511,205 1,513,843 2,662,430 2,662,430 195,123 - 195,123 2,467,307 7% Net Surplus / (Deficit) (284,298) (2,323) - - 1,136,091 1,136,091 Beginning Cash Balance 286,131 2,323 - Cash Adjustments 491 - - Ending Cash Balance 2,323 - - 1,136,091 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 June 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 - 22 19 19 3 84% Total Revenue 12,438 8,191 - 22 19 19 3 84% Expenditures Interfund Transfers Out 20,000 8,188 - - - - - - - Total Expenditures 20,000 8,188 - - - - - - - Net Surplus / (Deficit)(7,562) 4 - 22 19 19 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 1,422,826 1,422,823 Cash Reserves Target 1,422,800 1,422,804 1,422,826 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 June 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 June 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 672,463 697,338 659,500 659,500 351,805 351,805 307,695 53% Interest Earnings 18,620 12,053 16,020 16,020 5,610 5,610 10,410 35% Other Income - - - - - - - - Interfund Transfers In - - - 48,167 48,167 48,167 - 100% Total Revenue 691,083 709,391 675,520 723,687 405,582 405,582 318,105 56% Expenditures by Type Personnel Salaries & Wages 116,128 119,441 128,227 128,227 58,891 - 58,891 69,336 46% Fringe Benefits 51,106 52,566 55,297 55,297 28,178 - 28,178 27,119 51% Total Personnel 167,234 172,007 183,524 183,524 87,069 - 87,069 96,455 47% Supplies 26,545 34,659 65,500 65,500 29,405 480 29,885 35,615 46% Services & Charges Printing & Advertising - - 350 350 - - - 350 0% Repairs & Maintenance 507,227 422,857 401,000 401,000 252,106 - 252,106 148,894 63% Other Services & Charges 6,875 - - - - - - - - Total Services & Charges 514,102 422,857 401,350 401,350 252,106 - 252,106 149,244 63% Operating Expenditures 707,880 629,522 650,374 650,374 368,581 480 369,061 281,314 57% Bad Debt 3,705 1,891 6,500 6,500 53,501 - 53,501 (47,001) 823% Interfund Allocations 84,511 91,901 96,195 96,195 48,098 - 48,098 48,098 50% Total Expenditures 796,097 723,314 753,069 753,069 470,179 480 470,659 282,411 62% Net Surplus / (Deficit) (105,014) (13,923) (77,549) (29,382) (64,597) (65,077) 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 1,974,479 1,989,310 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 June 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 20,167,659 20,167,659 18,231,291 53% Interest Earnings 80,803 69,545 10,333 77,000 73,895 73,895 3,105 96% Other Income 36,100 276,595 5,142 92,480 94,331 94,331 (1,851) 102% Interfund Allocation Reimb 446,759 449,895 463,761 463,761 231,881 231,881 231,881 50% Interfund Transfers In 77,322 1,697,758 - 414,387 414,387 414,387 - 100% Total Revenue 37,610,549 41,265,804 38,878,186 39,446,578 20,982,152 20,982,152 18,464,426 53% Expenditures by Division Sewers 5,816,750 6,803,434 6,687,529 7,988,649 4,316,783 1,286,161 5,602,944 2,385,705 70% Concrete Crew 416,511 466,063 556,545 558,385 260,795 7,195 267,990 290,395 48% Wastewater 33,360,472 29,353,258 32,667,861 35,630,625 16,169,682 2,091,077 18,260,759 17,369,865 51% Organic Resources 1,587,652 1,326,459 1,508,008 1,548,840 690,641 181,841 872,482 676,358 56% Total Expenditures 41,181,385 37,949,214 41,419,943 45,726,498 21,437,901 3,566,275 25,004,176 20,722,323 55% Expenditures by Type Personnel Salaries & Wages 4,716,820 4,777,198 5,469,187 5,469,187 2,473,688 - 2,473,688 2,995,499 45% Fringe Benefits 1,973,822 1,956,552 2,367,307 2,367,307 1,048,627 - 1,048,627 1,318,680 44% Total Personnel 6,690,642 6,733,749 7,836,494 7,836,494 3,522,316 - 3,522,316 4,314,179 45% Supplies 1,666,866 1,569,805 2,038,904 2,330,949 965,532 349,605 1,315,137 1,015,812 56% Services & Charges Professional Services 849,692 399,309 210,000 1,815,767 296,507 1,351,780 1,648,287 167,480 91% Printing & Advertising 849 1,623 6,749 6,749 529 133 661 6,088 10% Utilities 1,101,420 1,160,652 1,322,556 1,322,556 676,075 - 676,075 646,481 51% Repairs & Maintenance 1,455,801 1,677,510 2,115,850 2,729,159 919,121 152,865 1,071,987 1,657,172 39% Education & Training 12,122 15,176 36,500 36,374 10,997 2,925 13,922 22,452 38% Travel 6,202 356 38,000 39,500 5,903 - 5,903 33,597 15% Other Services & Charges 2,439,052 3,157,093 2,079,655 3,847,106 640,780 1,692,662 2,333,442 1,513,664 61% 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 9,988,629 2,645,621 3,200,365 5,845,986 4,142,644 59% Operating Expenditures 14,753,183 15,017,502 15,876,127 20,156,072 7,133,469 3,549,970 10,683,439 9,472,635 53% Capital - - - 26,610 10,305 16,305 26,610 - 100% Bad Debt 158,420 83,831 225,000 225,000 1,634,721 - 1,634,721 (1,409,721) 727% Interfund Interfund Allocations 5,645,332 6,312,945 6,081,041 6,081,041 3,040,521 - 3,040,521 3,040,520 50% 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 7,386,042 - 7,386,042 7,386,047 50% Total Interfund 26,269,783 22,847,881 25,318,816 25,318,816 12,659,406 - 12,659,406 12,659,410 50% Total Expenditures 41,181,385 37,949,214 41,419,943 45,726,498 21,437,901 3,566,275 25,004,176 20,722,324 55% Net Surplus / (Deficit) (3,570,836) 3,316,590 (2,541,757) (6,279,920) (455,749) (4,022,024) 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 7,545,451 14,164,668 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 June 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 55,610 55,610 283,390 16% Interest Earnings 137,764 87,851 1,399 42,500 40,032 40,032 2,468 94% Other Income 17,342 24,656 - - - - - - Interfund Transfers In 7,911,000 5,946,370 3,693,000 3,843,553 1,997,053 1,997,053 1,846,500 52% Total Revenue 8,613,472 6,598,607 4,033,399 4,225,053 2,092,695 2,092,695 2,132,358 50% 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 2,198,065 2,607,145 4,805,210 7,409,138 39% Bad Debt - (1,031) - - - - - - - Total Expenditures 4,248,134 6,047,698 10,693,000 14,614,348 2,198,065 2,656,395 4,854,460 9,759,888 33% Net Surplus / (Deficit)4,365,338 550,908 (6,659,601) (10,389,295) (105,370) (2,761,766) 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 3,970,413 14,275,523 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 June 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 June 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 5,567,542 5,567,542 5,539,547 50% Total Revenue 13,896,394 22,204,969 11,091,164 11,107,089 5,567,542 5,567,542 5,539,547 50% 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 2,407,904 633,696 - 633,696 1,774,208 26% Total Services & Charges 13,665,170 22,016,593 11,079,089 11,107,089 633,696 - 633,696 10,473,393 6% Interfund Transfers Out - 1,509,210 - - - - - - - Total Expenditures 13,665,170 23,525,803 11,079,089 11,107,089 633,696 - 633,696 10,473,393 6% Net Surplus / (Deficit)231,224 (1,320,833) 12,075 - 4,933,846 4,933,846 Beginning Cash Balance 1,087,745 1,320,833 - Cash Adjustments 1,865 - - Ending Cash Balance 1,320,833 - - 4,933,846 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 June 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 June 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 1,010,807 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 June 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 446,136 466,321 451,610 451,610 227,426 227,426 224,184 50% Interest Earnings 4,176 2,322 2,244 2,244 886 886 1,358 39% Interfund Transfers In - - - 36,158 36,158 36,158 - 100% Total Revenue 450,312 468,643 453,854 490,012 264,471 264,471 225,542 54% 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 40,040 - 40,040 (33,540) 616% Interfund Interfund Allocations 42,385 37,736 46,462 46,462 23,231 - 23,231 23,231 50% Interfund Transfers Out 300,000 500,000 300,000 300,000 150,000 - 150,000 150,000 50% Total Interfund 342,385 537,736 346,462 346,462 173,231 - 173,231 173,231 50% Total Expenditures 410,497 587,350 449,708 449,708 221,942 - 221,942 227,767 49% Net Surplus / (Deficit) 39,815 (118,707) 4,146 40,304 42,529 42,529 Beginning Cash Balance 398,183 425,913 282,057 Cash Adjustments (12,085) (25,149) - Ending Cash Balance 425,913 282,057 322,361 344,611 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 June 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 1,147,200 516,131 516,131 631,069 45% Intergov./ Grants - 68,000 - - - - - - Interest Earnings 4,831 7,492 4,172 6,000 5,185 5,185 815 86% Other Income - - - 12,000 12,000 12,000 - 100% Interfund Transfers In - - - 73,642 73,642 73,642 - 100% Total Revenue 1,042,729 1,139,829 1,151,372 1,238,842 606,957 606,957 631,884 49% Expenditures by Type Services & Charges Professional Services 11,085 74,572 200,000 457,213 87,665 237,558 325,224 131,989 71% Other Services & Charges - - - - - - - - - Total Services & Charges 11,085 74,572 200,000 457,213 87,665 237,558 325,224 131,989 71% Capital 90,050 436,855 824,000 1,814,243 159,443 1,081,148 1,240,591 573,652 68% Bad Debt 3,186 175 - - 78,132 - 78,132 (78,132) - Total Expenditures 104,322 511,602 1,024,000 2,271,456 325,240 1,318,706 1,643,947 627,509 72% Net Surplus / (Deficit) 938,407 628,227 127,372 (1,032,614) 281,717 (1,036,989) Beginning Cash Balance 124,406 1,032,916 1,604,154 Cash Adjustments (29,898) (56,988) - Ending Cash Balance 1,032,916 1,604,154 571,540 1,930,557 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 June 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 4,802 4,802 198 96% Interest Earnings 1,895 993 896 896 488 488 408 55% Other Income 18 - - - - - - - Interfund Transfers In - 7,636 - - - - - - Total Revenue 6,591 31,299 5,896 5,896 5,290 5,290 606 90% 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) 5,290 5,290 Beginning Cash Balance 238,323 213,569 173,825 Cash Adjustments 409 - - Ending Cash Balance 213,569 173,825 135,221 179,115 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 June 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 - - - 171 171 (171) - Interest Earnings 115 82 - 8 8 8 - 99% Total Revenue 883 82 - 8 178 178 (171) 2231% 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) (18,791) (13,710) (13,710) Beginning Cash Balance 12,894 13,799 13,880 Cash Adjustments 22 - 4,911 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 June 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 - 252,783 135,470 135,470 117,313 54% Charges for Services 148,550 115,024 115,000 115,000 56,119 56,119 58,881 49% Fines, Forfeitures, and Fees 92,751 89,648 101,200 101,200 53,672 53,672 47,528 53% Interest Earnings 3,849 2,229 4,889 3,005 1,564 1,564 1,441 52% Donations 2,000 500 1,000 1,000 - - 1,000 0% Other Income 11,555 2,970 - 1,884 1,884 1,884 - 100% Interfund Transfers In - 73,512 352,373 352,373 218,182 218,182 134,191 62% Total Revenue 258,705 325,862 574,462 827,245 466,890 466,890 360,354 56% Expenditures by Type Supplies 62,084 193,652 137,000 263,199 136,865 45,986 182,851 80,348 69% Services & Charges Professional Services 1,136 188 - 2,000 1,929 - 1,929 71 96% Education & Training 81,558 131,259 90,000 130,375 137,063 537 137,600 (7,225) 106% Travel 20,646 28,840 51,500 36,745 31,505 4,046 35,552 1,193 97% Other Services & Charges 31,421 69,045 59,250 32,250 24,927 1,000 25,927 6,323 80% Total Services & Charges 134,762 229,333 200,750 201,370 195,425 5,583 201,007 362 100% Capital - - - 40,000 26,338 9,193 35,531 4,469 89% Bad Debt 54 - - - - - - - - Interfund Transfers Out - - - 19,000 19,000 - 19,000 - 100% Total Expenditures 196,900 422,985 337,750 523,568 377,628 60,761 438,389 85,179 84% Net Surplus / (Deficit) 61,806 (97,123) 236,712 303,677 89,263 28,501 Beginning Cash Balance 421,276 483,549 378,981 Cash Adjustments 467 (7,445) - Ending Cash Balance 483,549 378,981 682,658 503,128 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 June 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 4,816,005 4,816,005 4,352,549 53% Interest Earnings 33,595 25,015 10,000 10,000 8,443 8,443 1,557 84% Total Revenue 9,736,892 9,416,761 8,836,957 9,178,554 4,824,447 4,824,447 4,354,106 53% Expenditures by Department Police Department 4,619,654 4,737,560 6,344,523 6,344,523 3,172,260 - 3,172,260 3,172,263 50% Fire Department 4,330,886 4,880,453 6,344,524 6,344,524 3,172,260 - 3,172,260 3,172,264 50% Total Expenditures 8,950,540 9,618,013 12,689,047 12,689,047 6,344,520 - 6,344,520 6,344,527 50% Expenditures by Type Personnel Salaries & Wages 6,703,431 7,651,358 12,689,047 12,689,047 6,344,520 - 6,344,520 6,344,527 50% Fringe Benefits 2,247,109 1,966,655 - - - - - - - Total Personnel 8,950,540 9,618,013 12,689,047 12,689,047 6,344,520 - 6,344,520 6,344,527 50% Total Expenditures 8,950,540 9,618,013 12,689,047 12,689,047 6,344,520 - 6,344,520 6,344,527 50% Net Surplus / (Deficit) 786,352 (201,253) (3,852,090) (3,510,493) (1,520,073) (1,520,073) 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 2,324,392 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 June 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 20,720 20,500 20,500 220 99% Interest Earnings 5,998 4,038 5,434 5,434 1,987 1,987 3,447 37% Total Revenue 11,478 18,678 11,154 26,154 22,487 22,487 3,667 86% 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) (23,846) 22,487 22,487 Beginning Cash Balance 725,194 681,823 698,546 Cash Adjustments 2,928 (1,685) - Ending Cash Balance 681,823 698,546 674,700 721,033 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 June 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 - 119% Total Revenue 36 24 - 2 2 2 - 119% 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) (4,336) (4,162) (4,162) Beginning Cash Balance 4,095 4,138 4,162 Cash Adjustments 7 - 174 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 June 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 - - - - - Charges for Services 2,514,908 1,905,360 1,837,850 1,892,852 986,022 986,022 906,830 52% Fines, Forfeitures, and Fees - 300 - - - - - - Interest Earnings 9,151 8,474 9,023 9,023 4,506 4,506 4,517 50% Debt Proceeds 1,660,000 210,000 2,310,000 2,355,000 1,355,000 1,355,000 1,000,000 58% Other Income 8,244 1,334 - 19,998 19,998 19,998 - 100% Interfund Transfers In - - - - - - - - Total Revenue 4,192,303 2,125,468 4,231,873 4,276,873 2,365,526 2,365,526 1,911,347 55% Expenditures by Type Supplies - - - - - - - - - Services & Charges Debt Service Principal 343,971 662,651 1,132,508 1,132,950 345,071 - 345,071 787,879 30% Debt Service Interest & Fees 31,114 36,120 82,708 82,266 14,627 - 14,627 67,638 18% Total Services & Charges 375,085 698,771 1,215,216 1,215,216 359,699 - 359,699 855,517 30% Capital 1,925,268 1,029,049 2,610,000 4,834,466 640,760 1,308,186 1,948,946 2,885,520 40% 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 1,375,074 1,308,186 2,683,260 4,115,078 39% Net Surplus / (Deficit) 1,145,719 (352,658) (342,000) (2,521,466) 990,452 (317,734) Beginning Cash Balance 1,962,214 3,111,296 2,758,339 Cash Adjustments 3,364 (300) - Ending Cash Balance 3,111,296 2,758,339 236,873 3,748,790 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 June 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 June 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 79 79 177 31% Other Income - - - - - - - - Total Revenue 243 165 10,256 10,256 79 79 10,177 1% 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 79 79 Beginning Cash Balance 27,647 27,937 28,102 Cash Adjustments 47 - - Ending Cash Balance 27,937 28,102 28,358 28,181 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 June 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 64,405 64,405 25,595 72% Interest Earnings 2,955 1,993 2,991 2,991 985 985 2,006 33% Other Income - 1,300 - - - - - - Total Revenue 57,555 97,843 92,991 92,991 65,390 65,390 27,601 70% Expenditures by Type Supplies 16,731 32,702 24,000 73,475 37,952 16,940 54,892 18,583 75% Services & Charges Professional Services - - - Printing & Advertising - - 1,300 1,300 - - - 1,300 0% Education & Training 425 13,608 9,000 12,000 18,614 - 18,614 (6,614) 155% Travel 2,524 1,483 15,000 2,000 - - - 2,000 0% Repairs & Maintenance - 4,210 43,000 10,584 7,796 - 7,796 2,788 74% Other Services & Charges - 1,133 - - 225 - 225 (225) - Total Services & Charges 2,949 20,433 68,300 25,884 26,635 - 26,635 (751) 103% Capital - - - - - - - - - Total Expenditures 19,679 53,135 92,300 99,359 64,587 16,940 81,527 17,832 82% Net Surplus / (Deficit) 37,876 44,708 691 (6,368) 803 (16,137) Beginning Cash Balance 293,325 330,404 360,311 Cash Adjustments (797) (14,800) - Ending Cash Balance 330,404 360,311 353,943 343,023 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 June 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 June 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 - 100% Total Revenue 10,456 20,444 - 83 83 83 - 100% 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) (174,917) (146,328) (146,328) Beginning Cash Balance 118,481 125,984 146,328 Cash Adjustments 203 - 28,589 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 June 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 - 100% Other Income 260 120 - - - - - - Total Revenue 188,771 111,077 - 30 30 30 - 100% 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) (145,778) (24,536) (45,345) Beginning Cash Balance 169,439 73,474 45,349 Cash Adjustments 290 - 100,429 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 June 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 70,027 70,027 70,027 - 100% Interest Earnings 723 192 697 697 201 201 496 29% Interfund Transfers In - - - 19,000 19,000 19,000 - 100% Total Revenue 723 58,110 25,697 89,724 89,228 89,228 496 99% Expenditures by Type Supplies - - 6,000 56,000 34,145 - 34,145 21,855 61% Services & Charges Professional Services - - - - - 9,999 9,999 (9,999) - Other Services & Charges - - - - - - - - - Total Services & Charges - - - - - 9,999 9,999 (9,999) - Capital 31,000 - 22,500 22,500 - 15,835 15,835 6,665 70% Interfund Transfers Out - 81,148 - - - - - - - Total Expenditures 31,000 81,148 28,500 78,500 34,145 25,834 59,979 18,521 76% Net Surplus / (Deficit) (30,277) (23,037) (2,803) 11,224 55,083 29,249 Beginning Cash Balance 113,552 83,275 60,237 Cash Adjustments - - - Ending Cash Balance 83,275 60,237 71,461 125,243 Cash Reserves Target 7,750 20,287 19,625 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 June 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 June 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 - 1,250 886 886 364 71% Total Revenue 2,981 1,857 - 1,250 886 886 364 71% Expenditures by Type Capital 89,311 - - - - - - - - Total Expenditures 89,311 - - - - - - - - Net Surplus / (Deficit)(86,330) 1,857 - 1,250 886 886 Beginning Cash Balance 399,877 314,233 316,090 Cash Adjustments 686 - - Ending Cash Balance 314,233 316,090 317,340 316,976 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 June 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 4,061,778 2,032,639 2,032,639 2,029,139 50% Interest Earnings 2,205 1,809 11 311 255 255 56 82% Other Income - - - 3,922 3,922 3,922 - 100% Total Revenue 4,325,739 4,103,087 4,521,270 4,066,011 2,036,815 2,036,815 2,029,195 50% Expenditures by Type Personnel Salaries & Wages 4,205,078 4,131,672 4,576,038 4,576,038 2,051,514 - 2,051,514 2,524,524 45% Total Personnel 4,205,078 4,131,672 4,576,038 4,576,038 2,051,514 - 2,051,514 2,524,524 45% 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 1,400 518 - 518 882 37% Total Services & Charges 4,179 4,796 7,750 7,750 4,018 - 4,018 3,732 52% Total Expenditures 4,209,256 4,136,468 4,583,888 4,583,888 2,055,532 - 2,055,532 2,528,356 45% Net Surplus / (Deficit) 116,482 (33,381) (62,618) (517,877) (18,717) (18,717) Beginning Cash Balance 336,501 453,561 420,180 Cash Adjustments 577 - - Ending Cash Balance 453,561 420,180 (97,697) 401,463 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 June 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 6,015,102 3,009,301 3,009,301 3,005,801 50% 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 6,021,412 3,011,159 3,011,159 3,010,253 50% Expenditures by Type Personnel Salaries & Wages 6,186,554 5,958,435 6,049,340 6,049,340 2,998,548 - 2,998,548 3,050,792 50% Total Personnel 6,186,554 5,958,435 6,049,340 6,049,340 2,998,548 - 2,998,548 3,050,792 50% 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 1,400 493 - 493 907 35% Total Services & Charges 4,445 4,329 8,400 8,400 3,993 - 3,993 4,407 48% Total Expenditures 6,190,998 5,962,764 6,057,740 6,057,740 3,002,541 - 3,002,541 3,055,199 50% Net Surplus / (Deficit) (132,776) (5,646) 6,310 (36,328) 8,617 8,617 Beginning Cash Balance 698,148 566,569 560,923 Cash Adjustments 1,197 - - Ending Cash Balance 566,569 560,923 524,595 569,540 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 June 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 - 139% Donations - - - - - - - - Total Revenue 21 14 - 1 1 1 - 139% 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) (2,519) (2,435) (2,435) Beginning Cash Balance 2,395 2,420 2,435 Cash Adjustments 4 - 84 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 June 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 5,801,008 5,801,008 4,779,405 55% Intergov./ Shared Revenues 904,581 911,437 953,848 953,848 427,491 427,491 526,357 45% Intergov./ Grants 648,098 200,000 - - - - - - Licenses & Permits - 253 - 250 160 160 90 64% Charges for Services 2,760,462 2,922,965 3,196,581 3,108,794 1,628,608 1,628,608 1,480,186 52% Fines, Forfeitures, and Fees - 12 - - - - - - Interest Earnings 7,167 20,758 50,000 15,000 8,201 8,201 6,799 55% Debt Proceeds - - 269,000 1,290,000 1,290,000 1,290,000 - 100% Donations 1,061,421 912,899 1,000,000 1,061,000 640,829 640,829 420,171 60% Other Income 127,858 132,135 314,941 377,287 106,433 106,433 270,854 28% Interfund Transfers In 800,000 1,232,541 119,221 119,221 59,611 59,611 59,610 50% Total Revenue 15,876,432 16,604,000 16,484,004 17,505,813 9,962,341 9,962,341 7,543,472 57% Expenditures by Division Park Administration 1,499,024 1,528,718 1,137,939 1,138,336 533,756 827 534,583 603,753 47% Park Maintenance 6,962,316 6,987,490 7,542,027 9,202,281 3,624,750 933,956 4,558,706 4,643,575 50% Golf Courses 1,501,398 1,700,799 1,831,495 1,856,271 924,444 114,217 1,038,662 817,610 56% Recreational Experiences 2,773,309 2,683,314 2,444,112 2,480,739 1,116,909 50,416 1,167,325 1,313,414 47% Community Programming - - 1,604,980 1,627,786 635,134 6,181 641,315 986,472 39% Development & Promotions 882,516 911,174 921,648 1,119,622 495,765 88,265 584,030 535,592 52% Park Projects & Capital 1,041,871 460,817 300,000 1,696,920 317,665 845,255 1,162,920 534,001 69% Potawatomi Zoo 700,000 701,965 701,803 701,803 700,902 - 700,902 902 100% Total Expenditures 15,360,434 14,974,277 16,484,004 19,823,760 8,349,325 2,039,117 10,388,442 9,435,319 52% Expenditures by Type Personnel Salaries & Wages 6,015,996 5,799,795 6,516,670 6,574,570 2,872,481 - 2,872,481 3,702,089 44% Fringe Benefits 2,133,462 2,037,827 2,319,980 2,332,053 1,049,401 - 1,049,401 1,282,652 45% Total Personnel 8,149,458 7,837,623 8,836,650 8,906,623 3,921,881 - 3,921,881 4,984,741 44% Supplies 1,173,909 1,372,042 1,514,568 1,568,323 788,429 195,951 984,380 583,942 63% Services & Charges Professional Services 192,616 114,458 324,780 120,545 72,719 20,287 93,006 27,539 77% Printing & Advertising 102,375 155,635 258,800 420,894 213,075 69,596 282,671 138,223 67% Utilities 790,831 930,114 781,304 780,304 474,442 - 474,442 305,862 61% Repairs & Maintenance 515,084 636,277 584,034 611,229 328,592 58,587 387,179 224,050 63% Education & Training 11,167 15,827 25,425 25,825 12,290 2,554 14,844 10,981 57% Travel 3,355 5,123 33,400 33,155 3,035 5,848 8,883 24,272 27% Grants & Subsidies 715,000 715,000 715,000 715,000 715,000 - 715,000 - 100% Other Services & Charges 685,769 565,456 684,573 994,566 366,465 361,137 727,602 266,963 73% Debt Service Principal 504,636 452,898 291,946 387,683 183,746 - 183,746 203,937 47% Debt Service Interest & Fees 47,338 31,020 34,076 28,339 18,831 - 18,831 9,508 66% Total Services & Charges 3,568,171 3,621,808 3,733,338 4,117,540 2,388,195 518,008 2,906,204 1,211,335 71% Operating Expenditures 12,891,538 12,831,473 14,084,556 14,592,486 7,098,506 713,960 7,812,466 6,780,018 54% Capital 1,030,272 474,790 569,000 3,400,826 335,595 1,325,158 1,660,752 1,740,074 49% Bad Debt 5,606 - - - - - - - - Interfund Interfund Allocations 1,421,220 1,668,015 1,830,448 1,830,448 915,224 - 915,224 915,224 50% Interfund Transfers Out 11,799 - - - - - - - - Total Interfund 1,433,019 1,668,015 1,830,448 1,830,448 915,224 - 915,224 915,224 50% Total Expenditures 15,360,434 14,974,277 16,484,004 19,823,760 8,349,325 2,039,117 10,388,442 9,435,316 52% Net Surplus / (Deficit) 515,998 1,629,723 - (2,317,947) 1,613,017 (426,100) 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 3,547,911 7,643,090 Cash Reserves Target 3,840,108 3,743,569 4,955,940 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 June 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 - 99% Donations - 500 - - - - - - Total Revenue 4,183 5,936 - 43 43 43 - 99% 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) (99,957) (74,809) (74,809) Beginning Cash Balance 73,045 76,521 74,809 Cash Adjustments 125 - 25,148 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 June 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 - 100% Total Revenue 39,372 38,578 - 150 150 150 - 100% 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) (409,850) (264,010) (264,010) Beginning Cash Balance 186,839 225,432 264,010 Cash Adjustments 320 - 145,840 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 June 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 1,100,842 632,556 632,556 468,286 57% Intergov./ Shared Revenues 63,774 68,319 48,786 48,786 32,012 32,012 16,774 66% Interest Earnings (244) 500 1,176 1,176 105 105 1,071 9% Total Revenue 1,151,444 1,185,775 1,150,804 1,150,804 664,673 664,673 486,131 58% 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) 91,990 91,990 Beginning Cash Balance 208,740 187,578 184,163 Cash Adjustments 358 - - Ending Cash Balance 187,578 184,163 165,599 276,153 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 June 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 9,429 7,405 16,834 8,882 65% Total Services & Charges 15,099 10,183 25,000 25,715 9,429 7,405 16,834 8,882 65% Capital - - - - - - - - - Total Expenditures 15,099 10,183 25,000 25,715 9,429 7,405 16,834 8,882 65% Net Surplus / (Deficit) (14,955) (10,125) 109 (606) (9,154) (16,559) Beginning Cash Balance 25,850 11,685 814 Cash Adjustments 790 (746) - Ending Cash Balance 11,685 814 208 (8,340) 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 June 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 1,224,586 1,224,586 275,414 82% Interest Earnings - 218 - 3,000 2,203 2,203 797 73% Total Revenue - 775,632 1,500,000 1,503,000 1,226,789 1,226,789 276,211 82% Expenditures by Type Capital - - 1,500,000 3,602,900 1,010,038 1,514,983 2,525,020 1,077,880 70% Total Expenditures - - 1,500,000 3,602,900 1,010,038 1,514,983 2,525,020 1,077,880 70% Net Surplus / (Deficit) - 775,632 - (2,099,900) 216,752 (1,298,231) Beginning Cash Balance - - 775,632 Cash Adjustments - - - Ending Cash Balance - 775,632 (1,324,268) 999,989 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 June 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 5,219 5,219 1,592 77% 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 6,507,108 6,507,108 1,592 100% 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 - 8,031,800 310,549 6,812,176 7,122,725 909,075 89% Total Expenditures 436,865 128,451 50,000 8,475,984 680,117 6,831,881 7,511,998 963,985 89% Net Surplus / (Deficit) (219,751) 1,709,829 541,811 (1,967,283) 5,826,991 (1,004,890) Beginning Cash Balance 422,125 203,098 1,912,926 Cash Adjustments 724 - - Ending Cash Balance 203,098 1,912,926 (54,357) 7,739,917 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 June 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 3,984 3,984 4,016 50% Interest Earnings 617 493 247 320 266 266 54 83% Total Revenue 7,094 12,571 8,247 8,320 4,250 4,250 4,070 51% 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) (26,680) 4,250 4,250 Beginning Cash Balance 107,792 80,911 93,481 Cash Adjustments 185 - - Ending Cash Balance 80,911 93,481 66,801 97,732 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 June 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 - - - 70 70 (70) - Debt Proceeds - - - 5,891,800 5,891,800 5,891,800 - 100% Total Revenue 293 - - 5,891,800 5,891,870 5,891,870 (70) 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) - - - 5,573,682 5,573,682 Beginning Cash Balance 120,929 - - Cash Adjustments - - - Ending Cash Balance - - - 5,573,682 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 June 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 - 14,801 11,504 11,504 3,297 78% Total Revenue 72,162 31,461 - 14,801 11,504 11,504 3,297 78% 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 11,799 2,000 13,799 13,953 50% Series C - Colfax-Seitz - 821,301 - 191,031 187,099 - 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 1,358 1,815 3,173 30,310 9% Series F - Seitz Park - - - 1,088,451 88,662 996,738 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 - 125,741 - 29,160 29,160 96,581 23% Series I - Other Park Improv.109,488 66,543 - 65,844 376 1,074 1,450 64,394 2% 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 - 4,264,527 324,418 2,579,981 2,904,400 1,360,127 68% 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 - 4,258,063 324,418 2,579,981 2,904,400 1,353,663 68% Total Expenditures 3,227,021 1,695,211 - 4,264,527 324,418 2,579,981 2,904,400 1,360,127 68% Net Surplus / (Deficit)(3,154,859) (1,663,750) - (4,249,726) (312,915) (2,892,896) 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 10,000 3,948,169 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 June 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 844,835 905,346 913,300 913,300 411,060 411,060 502,240 45% Fines, Forfeitures, and Fees 38,862 45,810 50,000 50,000 19,545 19,545 30,455 39% Interest Earnings 8,089 4,803 2,495 2,495 2,253 2,253 242 90% Other Income 2,468 71 - - - - - - Total Revenue 894,253 956,029 965,795 965,795 432,857 432,857 532,937 45% Expenditures by Subdivisions Parking Enforcement 71,212 3,992 738 1,038 249 - 249 789 24% Parking General Operations 40,118 435,881 527,193 579,121 209,553 582 210,135 368,987 36% Main Street Garage 638,343 109,357 213,469 309,407 127,580 55,511 183,091 126,316 59% Leighton Plaza Garage 478,042 108,032 202,274 271,422 127,730 51,761 179,490 91,932 66% Wayne Street Garage 307,837 67,306 148,444 252,507 117,821 58,879 176,700 75,806 70% Eddy St Commons Garage 10,511 - - - - - - - - Total Expenditures 1,546,063 724,568 1,092,118 1,413,495 582,933 166,733 749,665 663,830 53% Expenditures by Type Personnel Other Personnel Costs - 172,990 295,100 295,100 109,912 - 109,912 185,188 63% Total Personnel - 172,990 295,100 295,100 109,912 - 109,912 185,188 63% Supplies - 21,389 30,000 31,699 10,484 582 11,066 20,634 35% Services & Charges Professional Services 490,335 164,606 104,900 116,114 15,141 - 15,141 100,973 13% Utilities 100,720 101,784 131,000 131,000 62,612 - 62,612 68,388 48% Repairs & Maintenance 237,452 63,496 156,000 176,783 38,513 6,941 45,454 131,329 26% Other Services & Charges 16,358 24,276 22,200 22,237 6,177 - 6,177 16,060 28% Total Services & Charges 844,864 354,162 414,100 446,134 122,443 6,941 129,384 316,750 29% Operating Expenditures 844,864 548,541 739,200 772,933 242,839 7,523 250,362 522,572 32% Capital 576,152 14,248 190,000 477,644 273,543 159,210 432,753 44,892 91% Bad Debt 730 41 - - - - - - - Interfund Allocations 124,317 161,738 162,918 162,918 66,551 - 66,551 96,367 41% Total Expenditures 1,546,063 724,568 1,092,118 1,413,495 582,933 166,733 749,665 663,831 53% Net Surplus / (Deficit)(651,810) 231,462 (126,323) (447,700) (150,075) (316,808) Beginning Cash Balance 1,326,253 674,268 907,380 Cash Adjustments (175) 1,650 - Ending Cash Balance 674,268 907,380 459,680 757,305 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 June 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 - - 987,000 985,000 481,900 481,900 503,100 49% Interest Earnings - - 4,657 4,657 1,866 1,866 2,791 40% Other Income - - 12,500 14,500 34,180 34,180 (19,680) 236% 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 1,486,775 1,486,775 716,832 67% Expenditures by Subdivisions Morris Performing Arts Center - - 1,613,579 1,613,579 557,321 30,392 587,713 1,025,866 36% Events Promotion - - 70,000 70,000 - - - 70,000 0% Total Expenditures - - 1,683,579 1,683,579 557,321 30,392 587,713 1,095,866 35% Expenditures by Type Personnel Salaries & Wages - - 500,702 500,702 219,411 - 219,411 281,291 44% Fringe Benefits - - 228,225 228,225 89,184 - 89,184 139,041 39% Total Personnel - - 728,927 728,927 308,595 - 308,595 420,332 42% Supplies - - 25,000 25,000 11,357 894 12,250 12,750 49% Services & Charges Professional Services - - 200,000 200,500 4,084 14,000 18,084 182,416 9% Printing & Advertising - - 200,000 200,000 26,070 632 26,701 173,299 13% Utilities - - 139,100 139,100 57,578 - 57,578 81,522 41% Repairs & Maintenance - - 98,500 92,800 10,954 4,590 15,545 77,255 17% Education & Training - - 4,500 4,500 1,614 1,799 3,413 1,087 76% Travel - - 4,500 9,700 4,255 5,404 9,659 41 100% Other Services & Charges - - 20,350 20,350 7,230 3,074 10,303 10,047 51% Total Services & Charges - - 666,950 666,950 111,784 29,499 141,283 525,667 21% Operating Expenditures - - 1,420,877 1,420,877 431,736 30,392 462,128 958,749 33% Interfund Interfund Allocations - - 262,702 262,702 125,586 - 125,586 137,116 48% Total Interfund - - 262,702 262,702 125,586 - 125,586 137,116 48% Total Expenditures - - 1,683,579 1,683,579 557,321 30,392 587,713 1,095,865 35% Net Surplus / (Deficit)- - 520,028 520,028 929,453 899,061 Beginning Cash Balance - - - Cash Adjustments - - - Ending Cash Balance - - 520,028 930,233 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 June 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 - 100% Morris Marketing (#273) 4,183 5,936 - 43 43 43 - 99% Morris Self-Promotion (#274)39,372 38,578 - 150 150 150 - 100% Morris Operations Fund (#602)- - 2,203,607 2,203,607 1,486,775 1,486,775 716,833 67% Total Revenue 462,715 1,780,967 2,203,607 2,258,678 1,541,846 1,541,846 716,833 68% Revenue Intergov./ Grants - 992,163 - - - - - - Charges for Services 358,834 696,886 987,000 985,000 481,900 481,900 503,100 49% Interest Earnings 2,466 1,808 4,657 4,850 2,059 2,059 2,791 42% Donations - 500 - - - - - - Other Income 5,930 2,864 12,500 69,378 89,058 89,058 (19,680) 128% 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 2,258,678 1,541,846 1,541,846 716,832 68% Expenditures by Fund General Fund (#101)1,003,966 1,106,303 600,000 656,962 634,665 14,965 649,629 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 1,683,579 557,321 30,392 587,713 1,095,866 35% Total Expenditures 1,005,898 1,113,951 2,793,579 2,850,541 1,530,998 45,357 1,576,355 1,274,187 55% Expenditures by Type Personnel Salaries & Wages 285,767 430,859 500,702 500,702 219,411 - 219,411 281,291 44% Fringe Benefits 131,601 200,379 228,225 228,225 89,184 - 89,184 139,041 39% Total Personnel 417,368 631,239 728,927 728,927 308,595 - 308,595 420,332 42% Supplies 22,110 29,271 25,000 33,435 19,792 894 20,685 12,750 62% Services & Charges Professional Services 2,518 1,650 200,000 204,944 8,528 14,000 22,528 182,416 11% Printing & Advertising 17,634 21,798 200,000 223,775 40,388 10,087 50,475 173,300 23% Utilities 112,645 110,532 139,100 139,100 57,578 - 57,578 81,522 41% Repairs & Maintenance 34,268 61,776 98,500 102,323 16,094 8,974 25,068 77,255 24% Education & Training - 3,224 4,500 9,014 1,639 1,799 3,438 5,576 38% Travel 1,469 3,626 4,500 13,359 5,191 5,404 10,595 2,764 79% Other Services & Charges 11,433 12,862 20,350 22,963 8,597 4,200 12,796 10,167 56% Total Services & Charges 179,966 215,468 666,950 715,477 138,014 44,463 182,477 533,000 26% Operating Expenditures 619,444 875,978 1,420,877 1,477,839 466,400 45,357 511,757 966,082 35% Interfund Interfund Allocations 210,875 237,973 262,702 262,702 125,586 - 125,586 137,116 48% 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 1,064,598 - 1,064,598 308,104 78% Total Expenditures 1,005,898 1,113,951 2,793,579 2,850,541 1,530,998 45,357 1,576,355 1,274,186 55% Net Surplus / (Deficit) (543,183) 667,016 (589,972) (591,863) 10,848 (34,509) 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 June 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 2,743,452 1,095,382 1,095,382 1,648,070 40% Interest Earnings 7 54 - - - - - - Other Income 5,936 5,177 3,750 38,298 38,591 38,591 (293) 101% Interfund Allocation Reimb 68,478 67,477 69,185 69,185 28,827 28,827 40,358 42% Total Revenue 1,955,594 2,111,688 4,125,935 4,125,935 2,200,300 2,200,300 1,925,635 53% Expenditures by Subdivisions City Operations 1,149,345 1,246,312 1,543,246 1,559,473 651,627 66,338 717,965 841,507 46% Food & Beverage Operations 1,444,541 1,702,069 2,535,485 2,535,485 1,207,435 - 1,207,435 1,328,050 48% Total Expenditures 2,593,886 2,948,380 4,078,731 4,094,958 1,859,062 66,338 1,925,400 2,169,557 47% Expenditures by Type Personnel Salaries & Wages 368,842 350,615 469,511 469,511 195,451 - 195,451 274,060 42% Fringe Benefits 138,803 124,970 185,425 185,425 66,519 - 66,519 118,906 36% Other Personnel Costs 757,895 730,187 718,000 718,000 533,835 - 533,835 184,165 74% Total Personnel 1,265,540 1,205,772 1,372,936 1,372,936 795,805 - 795,805 577,131 58% Supplies 317,548 551,277 1,136,200 1,136,301 398,813 1,305 400,118 736,184 35% Services & Charges Professional Services 35,698 107,162 122,108 157,108 81,923 - 81,923 75,185 52% Printing & Advertising 277 543 - - - - - - - Utilities 276,273 348,609 392,296 392,296 181,140 - 181,140 211,156 46% Repairs & Maintenance 74,654 71,901 115,000 128,088 34,297 60,757 95,054 33,033 74% Education & Training 1,724 428 2,500 2,500 - - - 2,500 0% Travel - 574 - - - - - - - Insurance 47,272 48,906 58,188 58,188 23,423 - 23,423 34,765 40% Other Services & Charges 311,417 268,797 537,589 505,627 170,767 4,276 175,043 330,584 35% Total Services & Charges 747,314 846,920 1,227,681 1,243,806 491,550 65,033 556,583 687,223 45% Operating Expenditures 2,330,403 2,603,968 3,736,817 3,753,044 1,686,168 66,338 1,752,506 2,000,538 47% Interfund Interfund Allocations 169,544 247,195 241,226 241,226 123,763 - 123,763 117,463 51% Interfund Transfers Out 93,939 97,217 100,688 100,688 49,131 - 49,131 51,557 49% Total Interfund 263,483 344,412 341,914 341,914 172,894 - 172,894 169,020 51% Total Expenditures 2,593,886 2,948,380 4,078,731 4,094,958 1,859,062 66,338 1,925,400 2,169,558 47% Net Surplus / (Deficit) (638,292) (836,692) 47,204 30,977 341,238 274,900 Beginning Cash Balance 1,537,206 1,016,748 194,350 Cash Adjustments 117,834 14,294 - Ending Cash Balance 1,016,748 194,350 225,327 414,008 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 June 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 49 49 951 5% Other Income - - - - - - - - Interfund Transfers In - - - - - - - - Total Revenue 1,931 98 1,000 1,000 49 49 951 5% 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) 49 49 Beginning Cash Balance 981,681 983,612 983,710 Cash Adjustments - - - Ending Cash Balance 983,612 983,710 949,710 983,759 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 June 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 2,000 720 720 1,280 36% 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 415,154 409,708 404,367 404,367 289,694 289,694 114,673 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 88,742 88,742 Beginning Cash Balance 189,409 193,705 196,702 Cash Adjustments 238 - - Ending Cash Balance 193,705 196,702 198,701 285,444 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 June 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 85 85 188 31% Other Income - - - - - - - - Total Revenue 259 178 273 273 85 85 188 31% Expenditures by Type Services & Charges Repairs & Maintenance - - - - - - - - - Other Services & Charges - - - - - - - - - Total Services & Charges - - - - - - - - - Capital - - - - - - - - - Total Expenditures - - - - - - - - - Net Surplus / (Deficit)259 178 273 273 85 85 Beginning Cash Balance 29,730 30,041 30,218 Cash Adjustments 51 - - Ending Cash Balance 30,041 30,218 30,491 30,303 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 June 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 1,333 1,333 2,995 31% Other Income - - - - - - - - Total Revenue 4,082 2,793 4,328 4,328 1,333 1,333 2,995 31% 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 1,333 1,333 Beginning Cash Balance 467,692 472,576 475,369 Cash Adjustments 802 - - Ending Cash Balance 472,576 475,369 479,697 476,702 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 June 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 92 92 908 9% Interfund Transfers In 375,939 375,986 374,106 374,106 185,382 185,382 188,724 50% Total Revenue 376,746 376,033 375,106 375,106 185,474 185,474 189,632 49% 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 (1,667) (1,667) Beginning Cash Balance 590,497 586,111 587,763 Cash Adjustments - - - Ending Cash Balance 586,111 587,763 590,312 586,097 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 June 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 1,932 1,932 4,010 33% Other Income 100,000 - - - - - - - Total Revenue 107,035 4,318 5,942 5,942 1,932 1,932 4,010 33% Expenditures by Type Services & Charges Professional Services 274,931 75,182 50,000 262,443 7,188 50,443 57,631 204,812 22% Total Services & Charges 274,931 75,182 50,000 262,443 7,188 50,443 57,631 204,812 22% Capital - - - - - - - - - Total Expenditures 274,931 75,182 50,000 262,443 7,188 50,443 57,631 204,812 22% Net Surplus / (Deficit) (167,896) (70,864) (44,058) (256,501) (5,256) (55,698) Beginning Cash Balance 929,415 763,112 692,248 Cash Adjustments 1,593 - - Ending Cash Balance 763,112 692,248 435,747 686,992 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 June 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 - 577,322 20,845 20,845 556,477 4% Interest Earnings 712 160 18 38 36 36 2 94% Other Income 90,013 36,005 - - - - - - Total Revenue 90,725 77,180 18 577,360 20,880 20,880 556,479 4% Expenditures by Type Supplies - - - 9,000 - - - 9,000 0% Services & Charges Professional Services 56,352 438 - 90,850 8,860 60,633 69,493 21,358 76% Repairs & Maintenance - - - 400,000 150,971 12,231 163,202 236,798 41% 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 - 595,236 180,676 80,249 260,925 334,311 44% Total Expenditures 128,362 77,457 - 604,236 180,676 80,249 260,925 343,311 43% Net Surplus / (Deficit) (37,637) (277) 18 (26,876) (159,795) (240,045) Beginning Cash Balance 64,775 27,154 26,876 Cash Adjustments 16 - - Ending Cash Balance 27,154 26,876 - (84,219) 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 June 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 1,066,156 130,919 130,919 935,237 12% Fines, Forfeitures, and Fees 46,076 57,904 58,450 58,450 27,572 27,572 30,878 47% Interest Earnings 8,876 6,023 10,000 9,353 490 490 8,863 5% Other Income 2,598 573 - 647 970 970 (323) 150% Interfund Allocation Reimb 174,531 145,765 181,981 181,981 90,991 90,991 90,990 50% Interfund Transfers In 2,268,899 500,000 4,179,829 4,043,829 1,470,000 1,470,000 2,573,829 36% Total Revenue 3,372,939 2,172,743 5,484,915 5,365,416 1,720,942 1,720,942 3,644,474 32% Expenditures by Type Personnel Salaries & Wages 1,529,047 1,779,295 2,743,056 2,743,056 1,014,023 - 1,014,023 1,729,033 37% Fringe Benefits 568,983 649,973 1,097,667 1,097,667 375,640 - 375,640 722,027 34% Total Personnel 2,098,029 2,429,268 3,840,723 3,840,723 1,389,663 - 1,389,663 2,451,060 36% Supplies 13,503 20,424 45,870 49,922 15,191 1,998 17,189 32,732 34% Services & Charges Professional Services 224,609 196,969 809,200 1,071,194 92,593 300,656 393,249 677,945 37% Printing & Advertising 7,560 4,758 23,675 23,675 1,758 78 1,836 21,839 8% Education & Training 4,576 14,288 30,500 38,905 1,512 8,683 10,195 28,710 26% Travel 4,502 268 33,762 33,762 872 - 872 32,890 3% Repairs & Maintenance 12,447 2,822 3,100 3,100 358 - 358 2,742 12% Other Services & Charges 11,746 24,660 32,225 32,400 6,581 67 6,648 25,752 21% Total Services & Charges 265,440 243,765 932,462 1,203,036 103,674 309,484 413,159 789,878 34% Operating Expenditures 2,376,973 2,693,456 4,819,055 5,093,681 1,508,529 311,482 1,820,011 3,273,670 36% Bad Debt 26 - - - - - - - - Interfund Interfund Allocations 357,941 652,726 665,860 665,860 332,930 - 332,930 332,930 50% Interfund Transfers Out 35,000 50,000 - - - - - - - Total Interfund 392,941 702,726 665,860 665,860 332,930 - 332,930 332,930 50% Total Expenditures 2,769,940 3,396,182 5,484,915 5,759,541 1,841,459 311,482 2,152,941 3,606,600 37% Net Surplus / (Deficit) 603,000 (1,223,439) - (394,125) (120,517) (431,999) 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 - 277,723 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 June 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 8,912,970 643,612 643,612 8,269,358 7% Fines, Forfeitures, and Fees 121 500 - - - - - - Other Income 186,664 341,376 119,687 120,587 45,670 45,670 74,917 38% Total Revenue 2,579,168 2,905,379 2,952,342 9,033,557 689,282 689,282 8,344,275 8% Expenditures by Type Services & Charges Professional Services 40,488 10,343 - 249,170 13,895 116,925 130,820 118,350 53% Grants & Subsidies 2,529,492 2,801,228 2,832,655 9,194,205 956,368 3,589,744 4,546,112 4,648,093 49% Total Services & Charges 2,569,980 2,811,571 2,832,655 9,443,375 970,263 3,706,669 4,676,932 4,766,443 50% Total Expenditures 2,569,980 2,811,571 2,832,655 9,443,375 970,263 3,706,669 4,676,932 4,766,443 50% Net Surplus / (Deficit) 9,188 93,809 119,687 (409,818) (280,981) (3,987,650) Beginning Cash Balance 305,248 313,907 409,818 Cash Adjustments (528) 2,102 - Ending Cash Balance 313,907 409,818 - 112,228 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 June 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 6,332 6,332 56,569 10% Interest Earnings 7,420 4,812 7,971 7,604 2,147 2,147 5,457 28% Other Income 18 - - 367 366 366 1 100% Total Revenue 59,018 38,879 70,871 70,871 8,845 8,845 62,027 12% Expenditures by Type Supplies 5,458 - - - - - - - - Services & Charges Professional Services 27,070 25,970 23,000 23,000 7,120 12,880 20,000 3,000 87% Other Services & Charges 109,058 81,316 - - - - - - - Total Services & Charges 136,128 107,286 23,000 23,000 7,120 12,880 20,000 3,000 87% Operating Expenditures 141,586 107,286 23,000 23,000 7,120 12,880 20,000 3,000 87% Bad Debt 165 - - - - - - - - Total Expenditures 141,751 107,286 23,000 23,000 7,120 12,880 20,000 3,000 87% Net Surplus / (Deficit) (82,733) (68,407) 47,871 47,871 1,725 (11,155) Beginning Cash Balance 923,154 832,938 764,981 Cash Adjustments (7,482) 450 - Ending Cash Balance 832,938 764,981 812,852 766,706 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 June 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 99,900 2,600 2,600 97,300 3% Interest Earnings 573 728 200 300 263 263 37 88% Interfund Transfers In 245,626 50,000 303,923 303,923 65,000 65,000 238,923 21% Total Revenue 353,999 57,608 404,123 404,123 67,863 67,863 336,260 17% Expenditures by Type Personnel Salaries & Wages 119,900 106,421 236,047 236,047 32,136 - 32,136 203,911 14% Fringe Benefits 59,277 52,625 114,076 114,076 15,579 - 15,579 98,497 14% Total Personnel 179,177 159,046 350,123 350,123 47,716 - 47,716 302,408 14% 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 48,700 99,686 148,386 302,408 33% Net Surplus / (Deficit) 171,237 (101,674) - (46,671) 19,163 (80,524) Beginning Cash Balance 17,823 189,090 87,416 Cash Adjustments 31 - - Ending Cash Balance 189,090 87,416 40,745 106,328 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 June 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 16,300 16,300 20,700 44% Charges for Services 43,360 47,624 50,300 50,300 27,864 27,864 22,436 55% Fines, Forfeitures, and Fees 367,113 411,114 342,000 340,155 48,331 48,331 291,824 14% Interest Earnings 2,492 941 - 450 315 315 135 70% Debt Proceeds 80,000 235,000 385,000 500,000 500,000 500,000 - 100% Other Income 15,396 2,998 500 1,985 1,495 1,495 490 75% Interfund Allocation Reimb 76,927 34,708 - - - - - - Interfund Transfers In 3,619,593 2,290,000 3,950,930 3,950,930 1,535,000 1,535,000 2,415,930 39% Total Revenue 4,235,305 3,065,940 4,765,730 4,880,820 2,129,306 2,129,306 2,751,515 44% Expenditures by Subdivisions Neighborhood Services 2,498,995 2,420,819 3,644,322 3,961,606 1,218,521 456,243 1,674,765 2,286,841 42% Animal Resource Center 934,825 949,115 1,121,408 1,167,829 464,470 52,940 517,410 650,419 44% Total Expenditures 3,433,820 3,369,933 4,765,730 5,129,435 1,682,991 509,184 2,192,175 2,937,260 43% Expenditures by Type Personnel Salaries & Wages 1,415,442 1,410,684 1,463,721 1,463,721 682,519 - 682,519 781,202 47% Fringe Benefits 588,698 575,669 677,513 677,513 281,702 - 281,702 395,811 42% Total Personnel 2,004,140 1,986,353 2,141,234 2,141,234 964,221 - 964,221 1,177,013 45% Supplies 113,969 110,837 153,450 165,115 75,887 8,986 84,873 80,241 51% Services & Charges Professional Services 40,574 67,185 102,300 102,800 40,091 4,280 44,371 58,429 43% Printing & Advertising 10,559 11,260 22,201 23,741 9,575 111 9,686 14,055 41% Utilities 31,984 32,310 41,389 41,389 18,565 - 18,565 22,824 45% Repairs & Maintenance 239,861 137,334 404,900 404,900 60,418 - 60,418 344,482 15% Education & Training 2,933 4,013 18,900 18,900 1,893 - 1,893 17,007 10% Travel 3,826 777 16,800 16,600 - - - 16,600 0% Other Services & Charges 119,803 112,003 495,160 495,360 61,384 1,173 62,557 432,803 13% Debt Service Principal 47,510 90,535 203,054 203,217 64,840 - 64,840 138,377 32% Debt Service Interest & Fees 2,954 4,350 13,726 13,563 2,310 - 2,310 11,253 17% Total Services & Charges 500,003 459,767 1,318,430 1,320,470 259,075 5,564 264,639 1,055,830 20% Operating Expenditures 2,618,112 2,556,956 3,613,114 3,626,819 1,299,183 14,550 1,313,733 2,313,084 36% Capital - 49,478 385,000 735,000 - 494,634 494,634 240,366 67% Bad Debt 861 15 - - - - - - - Interfund Allocations 814,847 763,484 767,616 767,616 383,808 - 383,808 383,808 50% Total Expenditures 3,433,820 3,369,933 4,765,730 5,129,435 1,682,991 509,184 2,192,175 2,937,258 43% Net Surplus / (Deficit) 801,485 (303,993) - (248,615) 446,314 (62,869) Beginning Cash Balance - 803,572 497,492 Cash Adjustments 2,088 (2,088) - Ending Cash Balance 803,572 497,492 248,877 948,838 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 June 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 361 172 265 265 127 127 138 48% Other Income 18,442 18,278 21,996 55,010 55,010 55,010 - 100% Total Revenue 18,803 18,449 22,261 55,275 55,137 55,137 138 100% 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) 31,275 43,137 43,137 Beginning Cash Balance 53,838 32,733 27,182 Cash Adjustments 92 - - Ending Cash Balance 32,733 27,182 58,457 70,319 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 June 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 1,585,100 784,973 784,973 800,127 50% Fines, Forfeitures, and Fees 1,140 2,516 2,000 3,962 3,962 3,962 - 100% Interest Earnings 17,782 12,194 16,284 13,041 5,557 5,557 7,484 43% Other Income 422 1,044 - 1,281 1,281 1,281 - 100% Total Revenue 1,324,083 1,531,105 1,603,384 1,603,384 795,773 795,773 807,611 50% Expenditures by Type Personnel Salaries & Wages 763,648 739,269 870,751 870,751 377,519 - 377,519 493,232 43% Fringe Benefits 305,840 319,458 392,308 392,308 173,973 490 174,463 217,845 44% Total Personnel 1,069,488 1,058,727 1,263,059 1,263,059 551,492 490 551,982 711,077 44% Supplies 14,538 15,666 19,861 19,914 12,181 172 12,353 7,561 62% 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 15,497 - 15,497 (497) 103% Other Services & Charges 9,408 18,348 34,310 34,310 16,049 - 16,049 18,261 47% Debt Service Principal 41,198 43,020 23,594 23,594 11,726 - 11,726 11,868 50% Debt Service Interest & Fees 2,184 1,316 567 567 334 - 334 233 59% Total Services & Charges 72,223 91,705 97,671 97,671 44,316 - 44,316 53,354 45% Operating Expenditures 1,156,248 1,166,098 1,380,591 1,380,644 607,989 662 608,651 771,992 44% Capital - 49,478 - - - - - - - Bad Debt 1,631 100 1,000 1,000 - - - 1,000 0% Interfund Allocations 328,799 339,938 665,210 665,210 332,605 - 332,605 332,605 50% Total Expenditures 1,486,678 1,555,614 2,046,801 2,046,854 940,594 662 941,256 1,105,597 46% Net Surplus / (Deficit)(162,595) (24,509) (443,417) (443,470) (144,821) (145,483) 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 1,957,592 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 June 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 - 4,543,626 3,739,669 3,739,669 803,957 82% Interest Earnings - 380 2,000 2,002 806 806 1,196 40% Other Income 266,643 300,472 172,000 259,070 240,813 240,813 18,257 93% Total Revenue 266,643 2,959,263 174,000 4,804,698 3,981,289 3,981,289 823,410 83% Expenditures by Type Services & Charges Professional Services 88,742 291,043 455,982 589,021 135,379 35,613 170,992 418,029 29% Other Services & Charges 15,285 14,830 26,298 39,688 8,166 - 8,166 31,522 21% Grants & Subsidies - 2,700,000 - 4,290,000 3,452,400 - 3,452,400 837,600 80% Total Services & Charges 104,026 3,005,872 482,280 4,918,709 3,595,945 35,613 3,631,558 1,287,151 74% Bad Debt - 184,827 - - - - - - - Total Expenditures 104,026 3,190,699 482,280 4,918,709 3,595,945 35,613 3,631,558 1,287,151 74% Net Surplus / (Deficit) 162,616 (231,436) (308,280) (114,011) 385,344 349,731 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 3,586,831 4,423,254 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 June 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 46 46 954 5% 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 1,716,000 858,046 858,046 857,954 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 2,611 2,611 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 1,745,310 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 June 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 - - 25,564 25,564 (25,564) - Total Revenue 306,537 1 - - 25,564 25,564 (25,564) - Expenditures by Type Capital 3,328,966 - - - - - - - - Total Expenditures 3,328,966 - - - - - - - - Net Surplus / (Deficit)(3,022,429) 1 - - 25,564 25,564 Beginning Cash Balance 3,048,190 25,762 25,763 Cash Adjustments - - - Ending Cash Balance 25,762 25,763 25,763 25,764 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 June 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 93 93 1,657 5% 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 1,928,125 962,718 962,718 965,407 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 93 93 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 3,668,705 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 June 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 1,662 1,662 638 72% Charges for Services 6,882,174 7,279,944 8,636,001 8,636,001 4,470,784 4,470,784 4,165,217 52% Interest Earnings 10,210 6,268 11,090 11,090 1,607 1,607 9,483 14% Other Income 84,210 78,626 69,000 69,014 38,983 38,983 30,031 56% Interfund Allocation Reimb 122,143 129,585 160,000 160,000 80,000 80,000 80,000 50% Total Revenue 7,101,248 7,497,135 8,878,391 8,878,405 4,593,036 4,593,036 4,285,369 52% Expenditures by Division Equipment Services 6,717,971 7,695,353 7,943,058 7,945,303 4,729,716 8,615 4,738,331 3,206,971 60% Print Shop 13,844 2,504 - - - - - - - Radio Shop 229,304 207,641 283,073 283,073 94,551 2,751 97,301 185,772 34% Building Maintenance 180,749 188,820 221,091 221,091 60,682 - 60,682 160,409 27% Facilities Management 101,697 144,897 181,838 181,838 55,503 - 55,503 126,335 31% Capital - - 190,000 242,425 51,406 4,219 55,625 186,800 23% Total Expenditures 7,243,566 8,239,216 8,819,060 8,873,729 4,991,858 15,585 5,007,443 3,866,287 56% Expenditures by Type Personnel Salaries & Wages 1,795,351 1,772,151 2,125,646 2,125,316 879,166 - 879,166 1,246,150 41% Fringe Benefits 780,402 758,851 982,988 983,318 382,287 389 382,677 600,641 39% Total Personnel 2,575,754 2,531,003 3,108,634 3,108,634 1,261,454 389 1,261,843 1,846,791 41% Supplies 3,998,093 4,782,010 4,594,490 4,595,876 3,213,008 2,409 3,215,417 1,380,459 70% 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 44,552 - 44,552 19,916 69% Repairs & Maintenance 54,985 62,344 148,575 198,759 80,001 7,320 87,321 111,438 44% Education & Training 9,389 8,696 12,050 12,150 2,753 2,412 5,165 6,985 43% Travel - 51 1,850 1,850 61 55 116 1,734 6% Other Services & Charges 13,132 12,504 16,850 16,850 7,196 - 7,196 9,654 43% 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 155,905 160,096 295,760 346,044 138,808 9,787 148,595 197,448 43% Operating Expenditures 6,729,752 7,473,109 7,998,884 8,050,553 4,613,270 12,585 4,625,855 3,424,698 57% Capital - - 63,000 66,000 - 3,000 3,000 63,000 5% Interfund Interfund Allocations 306,521 683,462 757,176 757,176 378,588 - 378,588 378,588 50% Interfund Transfers Out 207,293 82,645 - - - - - - - Total Interfund 513,814 766,107 757,176 757,176 378,588 - 378,588 378,588 50% Total Expenditures 7,243,566 8,239,216 8,819,060 8,873,729 4,991,858 15,585 5,007,443 3,866,286 56% Net Surplus / (Deficit) (142,319) (742,081) 59,331 4,676 (398,822) (414,407) Beginning Cash Balance 1,455,158 1,209,079 658,666 Cash Adjustments (103,760) 191,668 - Ending Cash Balance 1,209,079 658,666 663,341 629,329 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 June 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 June 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 18,493 18,493 13,354 58% Other Income 1,626,433 84,555 2,000 32,747 31,306 31,306 1,441 96% Interfund Allocation Reimb 2,914,500 3,265,000 3,365,000 3,365,000 1,682,500 1,682,500 1,682,500 50% Interfund Transfers In 49,087 - - - - - - - Total Revenue 4,644,513 3,386,046 3,398,847 3,429,594 1,732,300 1,732,300 1,697,295 51% Expenditures by Division Safety/Risk Management 151,479 30,947 - - - - - - - Liability Insurance 761,414 1,188,510 1,230,000 1,431,000 108,086 194,206 302,292 1,128,708 21% Business Insurance 622,434 452,651 1,865,000 3,700,754 178,898 2,586,657 2,765,555 935,199 75% Workers' Compensation 1,211,428 1,531,310 1,268,000 1,268,000 406,538 12,250 418,788 849,212 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 6,503,078 694,001 2,805,958 3,499,959 3,003,119 54% Expenditures by Type Personnel Salaries & Wages 116,402 - - - - - - - - Fringe Benefits 46,090 - - - - - - - - Other Personnel Costs 17,308 14,052 42,000 42,000 12,602 - 12,602 29,398 30% Total Personnel 179,800 14,052 42,000 42,000 12,602 - 12,602 29,398 30% Supplies 1,988 2,187 - - - - - - - Services & Charges Professional Services 420,313 334,849 1,001,000 1,237,754 151,892 399,962 551,854 685,900 45% Education & Training 6,285 2,000 - - - - - - - Travel 356 - - - - - - - - Repairs & Maintenance 2,119 4,286 - 1,800,000 - 2,198,945 2,198,945 (398,945) 122% Insurance 1,840,034 2,432,482 2,170,000 2,170,000 446,186 79,293 525,479 1,644,521 24% Other Services & Charges 218,415 391,938 1,150,000 1,150,000 82,842 114,913 197,756 952,244 17% Total Services & Charges 2,487,522 3,165,555 4,321,000 6,357,754 680,920 2,793,113 3,474,033 2,883,720 55% 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 6,503,078 694,001 2,805,958 3,499,959 3,003,118 54% Net Surplus / (Deficit) 986,951 157,746 (964,153) (3,073,484) 1,038,299 (1,767,659) 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 3,027,383 7,165,011 Cash Reserves Target 1,828,781 1,614,150 3,251,539 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 June 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 4,810,102 4,810,102 4,810,102 50% 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 64,525 142,733 99,854 99,854 42,879 70% Donations - 15,000 - 181,988 181,987 181,987 1 100% Interest Earnings 21,431 14,598 5,000 11,500 10,278 10,278 1,222 89% Total Revenue 6,843,915 10,219,588 9,689,729 10,122,770 5,268,566 5,268,566 4,854,206 52% Expenditures by Division 311 Call Center 551,515 567,939 683,948 683,955 306,229 5,322 311,551 372,404 46% Innovation & Technology 7,324,325 8,264,034 9,015,101 10,370,108 4,280,759 1,574,274 5,855,033 4,515,074 56% Total Expenditures 7,875,840 8,831,973 9,699,049 11,054,062 4,586,988 1,579,596 6,166,584 4,887,478 56% Expenditures by Type Personnel Salaries & Wages 1,844,342 1,908,602 2,170,830 2,170,830 979,932 - 979,932 1,190,898 45% Fringe Benefits 708,812 704,230 874,276 874,276 363,534 - 363,534 510,742 42% Total Personnel 2,553,154 2,612,832 3,045,106 3,045,106 1,343,466 - 1,343,466 1,701,640 44% Supplies 130,511 714,903 193,850 599,848 298,535 147,796 446,331 153,517 74% Services & Charges Professional Services 1,058,605 510,586 410,500 1,139,781 271,673 575,292 846,965 292,817 74% Printing & Advertising 1,005 3,277 5,150 5,150 - - - 5,150 0% Repairs & Maintenance 3,021,127 3,646,311 4,635,738 4,841,070 1,980,301 839,987 2,820,287 2,020,783 58% Education & Training 9,162 33,654 57,900 56,188 13,509 785 14,294 41,895 25% Travel 7,385 161 27,110 32,110 15,903 15,736 31,639 471 99% Other Services & Charges 422,383 292,472 193,824 195,074 132,061 - 132,061 63,013 68% Debt Service Principal 606,922 966,528 1,063,402 1,073,320 499,722 - 499,722 573,598 47% Debt Service Interest & Fees 59,675 50,358 65,816 65,762 31,493 - 31,493 34,269 48% Total Services & Charges 5,186,263 5,503,347 6,459,440 7,408,455 2,944,661 1,431,800 4,376,461 3,031,996 59% Operating Expenditures 7,869,929 8,831,082 9,698,396 11,053,409 4,586,662 1,579,596 6,166,257 4,887,153 56% Interfund Allocations 5,911 891 653 653 326 - 326 327 50% Total Expenditures 7,875,840 8,831,973 9,699,049 11,054,062 4,586,988 1,579,596 6,166,584 4,887,480 56% Net Surplus / (Deficit) (1,031,925) 1,387,615 (9,320) (931,292) 681,577 (898,018) 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 2,551,573 4,286,803 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 June 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 16,081,440 8,044,066 8,044,066 8,037,374 50% Other Income 373,523 1,438,628 385,000 485,000 470,781 470,781 14,219 97% Interest Earnings 89,646 62,791 58,809 58,809 31,381 31,381 27,428 53% Total Revenue 16,348,427 17,243,514 16,625,249 16,625,249 8,546,228 8,546,228 8,079,021 51% Expenditures by Subdivision Health Insurance 14,472,911 15,509,012 17,121,703 17,129,426 7,833,367 76,175 7,909,542 9,219,884 46% Workplace Wellness Clinic 996,006 1,003,588 1,169,308 1,169,308 298,061 684,070 982,131 187,177 84% Employee Wellness 76,048 89,896 99,974 101,130 30,679 44,416 75,095 26,035 74% Total Expenditures 15,544,965 16,602,496 18,390,985 18,399,864 8,162,107 804,661 8,966,768 9,433,096 49% Expenditures by Type Personnel Other Personnel Costs 13,740,971 14,681,353 16,308,759 16,309,915 7,461,172 44,416 7,505,588 8,804,327 46% Total Personnel 13,740,971 14,681,353 16,308,759 16,309,915 7,461,172 44,416 7,505,588 8,804,327 46% Supplies 131,045 110,297 150,000 150,000 21,814 53,754 75,568 74,432 50% Services & Charges Professional Services 1,083,611 1,063,335 1,198,308 1,205,031 372,861 706,491 1,079,352 125,679 90% Printing & Advertising - - 100 100 - - - 100 0% Insurance 587,028 737,651 732,318 732,318 305,317 - 305,317 427,001 42% Other Services & Charges 1,476 3,194 1,500 2,500 944 - 944 1,556 38% Total Services & Charges 1,672,115 1,804,180 1,932,226 1,939,949 679,121 706,491 1,385,612 554,336 71% Bad Debt 833 - - - - - - - - Interfund Transfers Out - 6,667 - - - - - - - Total Expenditures 15,544,965 16,602,496 18,390,985 18,399,864 8,162,107 804,661 8,966,768 9,433,095 49% Net Surplus / (Deficit) 803,462 641,018 (1,765,736) (1,774,615) 384,121 (420,540) 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 11,189,401 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 June 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 55,613 55,613 49,904 53% Interest Earnings 1,187 69 209 209 78 78 131 37% Other Income - 74,683 - - - - - - Interfund Transfers In - 6,667 - - - - - - Total Revenue 8,087 103,474 105,726 105,726 55,690 55,690 50,035 53% Expenditures by Type Personnel Other Personnel Costs 157,449 75,914 80,000 80,000 25,192 - 25,192 54,808 31% Total Expenditures 157,449 75,914 80,000 80,000 25,192 - 25,192 54,808 31% Net Surplus / (Deficit) (149,363) 27,560 25,726 25,726 30,498 30,498 Beginning Cash Balance 180,911 31,859 - Cash Adjustments 310 (59,419) - Ending Cash Balance 31,859 - 25,726 55,690 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 June 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 244,090 248,401 257,209 257,209 127,152 127,152 130,057 49% Interest Earnings 751 1,125 1,494 1,494 759 759 735 51% Total Revenue 244,841 249,526 258,703 258,703 127,911 127,911 130,792 49% Expenditures by Type Personnel Salaries & Wages 119,938 180,337 253,846 253,846 37,014 - 37,014 216,832 15% Total Expenditures 119,938 180,337 253,846 253,846 37,014 - 37,014 216,832 15% Net Surplus / (Deficit) 124,903 69,189 4,857 4,857 90,897 90,897 Beginning Cash Balance 32,563 157,521 226,711 Cash Adjustments 56 - - Ending Cash Balance 157,521 226,711 231,568 317,607 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 June 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 30,582 30,582 68,758 31% Total Revenue 94,111 64,091 99,340 99,340 30,582 30,582 68,758 31% Total Expenditures - - - - - - - - - Net Surplus / (Deficit)94,111 64,091 99,340 99,340 30,582 30,582 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 10,940,660 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 June 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 2,924 2,924 346 89% 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 10,194 10,194 24,806 29% Pokagon Band Donation 100,000 100,000 - 100,000 100,000 100,000 - 100% Total Revenue 765,453 478,492 56,270 246,270 203,138 203,138 43,131 82% Expenditures by Project Wayfinding Signage Project 56,258 33,500 - - - - - - - Bloomberg Mayors Challenge 313,871 323,775 322,506 477,704 90,628 270,770 361,398 116,306 76% 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 - - 41,000 131,000 - - - 131,000 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 9,797 395 10,192 39,808 20% Code Enforcement Demolitions - 2,863 - 52,625 44,425 8,200 52,625 - 100% Pokagon Band Donation - - - - - - - - - Total Expenditures 453,294 481,425 431,006 740,289 144,850 290,825 435,675 304,614 59% Expenditures by Type Supplies - - 43,500 43,500 - - - 43,500 0% Services & Charges Professional Services 382,631 360,185 372,506 527,704 100,425 271,165 371,590 156,114 70% 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 99,000 - - - 99,000 0% Other Services & Charges 5 2,863 - 52,625 44,425 8,200 52,625 - 100% Total Services & Charges 453,294 481,425 387,506 696,789 144,850 290,825 435,675 261,114 63% Total Expenditures 453,294 481,425 431,006 740,289 144,850 290,825 435,675 304,614 59% Net Surplus / (Deficit) 312,160 (2,933) (374,736) (494,019) 58,289 (232,537) Beginning Cash Balance 668,273 981,455 978,522 Cash Adjustments 1,022 - - Ending Cash Balance 981,455 978,522 484,503 1,043,679 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 June 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 1,161 1,161 2,608 31% Total Revenue 5,076 2,515 3,769 3,769 1,161 1,161 2,608 31% 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 1,161 1,161 Beginning Cash Balance 605,471 481,214 414,099 Cash Adjustments 1,038 - - Ending Cash Balance 481,214 414,099 417,868 415,260 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 June 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 - 1,600 1,058 1,058 542 66% Other Income - - 2,050 450 - - 450 0% Total Revenue 177,140 175,390 155,250 155,250 5,225 5,225 150,025 3% Expenditures by Subdivision General 19,061 9,928 3,000 2,760 2,760 - 2,760 - 100% EEOC 100,391 98,139 124,371 129,278 52,987 17,768 70,755 58,523 55% HUD 93,473 126,938 113,745 116,745 50,077 4,551 54,627 62,118 47% Total Expenditures 212,926 235,005 241,116 248,783 105,823 22,319 128,142 120,641 52% Expenditures by Type Personnel Salaries & Wages 124,770 125,084 128,156 128,156 64,032 - 64,032 64,124 50% Fringe Benefits 38,541 38,636 52,160 52,160 19,920 - 19,920 32,240 38% Total Personnel 163,311 163,721 180,316 180,316 83,952 - 83,952 96,364 47% Supplies 1,724 3,864 2,000 2,000 127 - 127 1,873 6% Services & Charges Professional Services 24,667 18,333 27,800 31,467 11,242 11,667 22,909 8,558 73% Printing & Advertising 16,215 11,878 6,000 12,640 7,478 1,500 8,978 3,662 71% Education & Training 5,960 5,178 6,000 4,190 1,244 1,785 3,029 1,161 72% Travel - - 17,800 16,970 1,639 7,367 9,006 7,964 53% 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 21,745 22,319 44,063 22,404 66% Interfund Transfers Out - - - - - - - - - Total Expenditures 212,926 235,005 241,116 248,783 105,823 22,319 128,142 120,641 52% Net Surplus / (Deficit) (35,786) (59,614) (85,866) (93,533) (100,599) (122,917) Beginning Cash Balance 521,051 486,159 426,544 Cash Adjustments 893 - - Ending Cash Balance 486,159 426,544 333,012 331,612 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 June 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 29,455,024 1 100% Interest Earnings - 81,618 - 90,000 78,399 78,399 11,601 87% Total Revenue - 29,536,642 29,455,024 29,545,024 29,533,423 29,533,423 11,602 100% 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 11,100,000 181,900 1,174,500 1,356,400 9,743,600 12% Total Expenditures - - 10,100,000 13,510,000 2,072,830 1,174,500 3,247,330 10,262,670 24% Net Surplus / (Deficit)- 29,536,642 19,355,024 16,035,024 27,460,593 26,286,093 Beginning Cash Balance - - 29,536,642 Cash Adjustments - - - Ending Cash Balance - 29,536,642 45,571,666 56,997,235 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 June 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 1,646,645 2,642,995 4,289,640 35,205,360 11% American Rescue Plan (#263)- 10,100,000 13,510,000 2,072,830 1,174,500 3,247,330 10,262,670 24% Total Expenditures by Fund 4,948,093 46,295,000 53,005,000 3,719,475 3,817,495 7,536,970 45,468,030 14% 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 14,985 29,310 44,295 2,455,705 2% City-wide Comprehensive Plan - 500,000 500,000 58,481 175,000 233,481 266,519 47% 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 11,334 785,965 797,299 3,372,701 19% 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 68,517 12,295 80,812 1,519,188 5% Subtotal - 17,170,000 18,170,000 153,318 1,002,570 1,155,888 17,014,113 6% 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 13,435 1,013,200 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 1,903,095 1,013,200 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 95,000 202,000 297,000 3,000 99% 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 1,000,000 150,000 - 150,000 850,000 15% Subtotal - 1,625,000 1,625,000 245,000 202,000 447,000 1,178,000 28% 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 92,275 109,697 201,972 398,028 34% Opportunity Fund - 1,000,000 1,000,000 - - - 1,000,000 0% Immigration Support - 100,000 100,000 1,348 50,700 52,048 47,952 52% Subtotal 3,500,000 5,350,000 5,450,000 1,223,228 160,397 1,383,625 4,066,375 25% Youth and Workforce Development Workforce Development - 250,000 250,000 - 218,200 218,200 31,800 87% Dream Center - 10,100,000 11,100,000 183,170 1,174,500 1,357,670 9,742,330 12% Pre-K Centers - 2,000,000 4,500,000 11,664 46,628 58,292 4,441,708 1% Subtotal - 12,350,000 15,850,000 194,834 1,439,328 1,634,162 14,215,838 10% Total Expenditures by Program 4,948,093 46,295,000 53,005,000 3,719,475 3,817,495 7,536,970 45,468,031 14% 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 June 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 - 1,166,853 255,995 255,995 910,858 22% Other Income - 5,000 - - - - - - Interfund Transfers In 1,000,000 1,448,093 - - - - - - Total Revenue 6,086,138 2,943,368 - 1,166,853 255,995 255,995 910,858 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 - 1,166,853 301,936 690,553 992,489 174,364 85% Venues, Parks & Arts 127,466 5,595 - - - - - - - Code Enforcement 4,339 - - - - - - - - Building Department 863 - - - - - - - - Total Expenditures 6,033,275 2,996,232 - 1,166,853 301,936 690,553 992,489 174,364 85% 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 - 1,166,853 301,936 690,553 992,489 174,364 85% Other Services & Charges 54,452 18,250 - - - - - - - Total Services & Charges 2,432,318 1,977,914 - 1,166,853 301,936 690,553 992,489 174,364 85% Interfund Transfers Out 3,348,292 1,000,000 - - - - - - - Total Expenditures 6,033,275 2,996,232 - 1,166,853 301,936 690,553 992,489 174,364 85% Net Surplus / (Deficit) 52,864 (52,864) - - (45,941) (736,495) Beginning Cash Balance - 53,214 - Cash Adjustments 350 (350) - Ending Cash Balance 53,214 - - (39,546) 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 June 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 9,591,298 5,124,506 5,124,506 4,466,792 53% Interest Earnings 111,181 87,126 110,950 110,950 42,752 42,752 68,198 39% Debt Proceeds 2,262,160 1,598,000 1,462,000 1,632,000 1,632,000 1,632,000 - 100% Other Income 361,924 246,998 32,000 32,000 12,200 12,200 19,800 38% Interfund Transfers In - 147,786 383,028 730,725 539,211 539,211 191,514 74% Total Revenue 16,500,074 15,414,847 11,009,098 12,096,973 7,350,668 7,350,668 4,746,304 61% Expenditures by Activity General City 2,263,417 3,173,836 1,185,625 1,459,152 758,812 284,610 1,043,422 415,730 72% Legal Dept 3,441 2,527 15,000 15,000 - - - 15,000 0% Information Technology 1,579,347 28,098 80,000 151,500 9,731 61,768 71,500 80,000 47% Police Department 2,136,734 1,826,705 2,952,548 6,173,350 2,354,943 801,899 3,156,842 3,016,508 51% 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 1,480,749 689,989 481,286 1,171,274 309,474 79% Morris Performing Arts Center - 1,800,000 - - - - - - - Light Up South Bend 88,137 146,590 260,000 394,924 57,505 126,311 183,816 211,108 47% Streets 2,899,656 - 3,750,000 3,755,179 1,875,000 5,179 1,880,179 1,875,000 50% Curb & Sidewalk 1,500,000 1,500,000 1,500,000 1,500,000 750,000 - 750,000 750,000 50% Traffic Signals & Street Lighting 1,501,835 1,401,657 1,467,536 1,467,536 679,787 - 679,787 787,749 46% Total Expenditures 14,341,653 11,687,709 12,167,559 17,596,408 7,214,079 2,916,704 10,130,784 7,465,624 58% Expenditures by Type Supplies 92,245 145,595 200,000 334,924 8,009 125,566 133,575 201,349 40% Services & Charges Professional Services 1,681,956 35,065 155,000 359,073 64,455 166,593 231,048 128,025 64% Printing & Advertising 500 24,785 - - - - - - - Utilities 1,501,835 1,401,657 1,467,536 1,467,536 679,787 - 679,787 787,749 46% Repairs & Maintenance 756,305 565,186 610,000 1,135,344 342,454 172,136 514,590 620,754 45% Grants & Subsidies 397,553 340,711 341,129 1,016,129 203,065 813,065 1,016,129 - 100% Other Services & Charges 1,292,054 1,086,776 1,102,449 1,647,525 859,673 731,115 1,590,788 56,737 97% Debt Service Principal 1,364,172 1,631,258 1,379,062 1,379,594 550,035 - 550,035 829,559 40% Debt Service Interest & Fees 59,809 53,009 71,486 70,954 18,756 - 18,756 52,198 26% Total Services & Charges 7,054,183 5,138,446 5,126,662 7,076,156 2,718,225 1,882,909 4,601,134 2,475,022 65% Capital 825,101 123,519 1,462,000 4,806,431 1,798,396 908,229 2,706,625 2,099,806 56% Interfund Interfund Allocations 8,633 9,753 9,676 9,676 4,838 - 4,838 4,838 50% Interfund Transfers Out 6,361,491 6,270,396 5,369,221 5,369,221 2,684,611 - 2,684,611 2,684,610 50% Total Interfund 6,370,124 6,280,149 5,378,897 5,378,897 2,689,449 - 2,689,449 2,689,448 50% Total Expenditures 14,341,653 11,687,709 12,167,559 17,596,408 7,214,079 2,916,704 10,130,784 7,465,625 58% Net Surplus / (Deficit) 2,158,421 3,727,138 (1,158,461) (5,499,435) 136,589 (2,780,116) 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 13,131,810 18,771,241 Cash Reserves Target 7,170,827 5,843,854 8,798,204 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 June 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 433,812 469,124 473,780 473,780 265,836 265,836 207,944 56% Intergov./ Shared Revenues 40,795 41,568 38,648 38,648 19,615 19,615 19,033 51% Interest Earnings 765 928 1,995 1,995 434 434 1,561 22% Total Revenue 475,372 511,620 514,423 514,423 285,885 285,885 228,538 56% Expenditures by Activity Transfer to Fund 404 - - 143,687 143,687 71,843 - 71,843 71,844 50% Police Department 516,510 394,767 368,741 368,741 183,904 - 183,904 184,837 50% Park Capital 12,970 - - - - - - - - Total Expenditures 529,479 394,767 512,428 512,428 255,747 - 255,747 256,681 50% Expenditures by Type Services & Charges Debt Service Principal 484,511 370,109 353,115 353,115 175,322 - 175,322 177,793 50% Debt Service Interest & Fees 31,998 24,658 15,626 15,626 8,582 - 8,582 7,044 55% Total Services & Charges 516,510 394,767 368,741 368,741 183,904 - 183,904 184,837 50% Capital 12,970 - - - - - - - - Interfund Transfers Out - - 143,687 143,687 71,843 - 71,843 71,844 50% Total Expenditures 529,479 394,767 512,428 512,428 255,747 - 255,747 256,681 50% Net Surplus / (Deficit) (54,108) 116,853 1,995 1,995 30,138 30,138 Beginning Cash Balance 223,617 169,893 286,746 Cash Adjustments 383 - - Ending Cash Balance 169,893 286,746 288,741 316,884 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 June 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 96,141 96,141 118,200 45% Interest Earnings 5,369 3,682 3,825 3,825 1,644 1,644 2,181 43% Other Income 18,750 25,000 25,000 25,000 - - 25,000 0% Total Revenue 243,373 236,443 243,166 243,166 97,785 97,785 145,381 40% Expenditures by Activity Transfer to Fund 404 - - 239,341 239,341 119,671 - 119,671 119,670 50% Community Investment 6,770 - - - - - - - - Park Vehicles & Equipment - 262,145 - - - - - - - Venues, Parks & Arts Capital - - 250,000 250,000 12,002 4,498 16,500 233,500 7% Streets Vehicles & Equipment 250,000 - - - - - - - - Total Expenditures 256,770 262,145 489,341 489,341 131,673 4,498 136,171 353,170 28% Expenditures by Type Capital 6,770 - 250,000 250,000 12,002 4,498 16,500 233,500 7% Interfund Transfers Out 250,000 262,145 239,341 239,341 119,671 - 119,671 119,670 50% Total Expenditures 256,770 262,145 489,341 489,341 131,673 4,498 136,171 353,170 28% Net Surplus / (Deficit) (13,397) (25,702) (246,175) (246,175) (33,888) (38,386) Beginning Cash Balance 689,015 676,798 651,096 Cash Adjustments 1,181 - - Ending Cash Balance 676,798 651,096 404,921 617,208 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 June 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 12,704,389 6,671,687 6,671,687 6,032,702 53% 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 72,228 72,228 64,567 53% Donations - - - 75,000 67,950 67,950 7,050 91% 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 13,315,608 6,818,848 6,818,848 6,496,760 51% 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 10,950,863 2,638,841 3,274,356 5,913,197 5,037,666 54% Neighborhoods 3,865,219 2,340,000 5,654,853 6,500,554 2,025,554 552,154 2,577,708 3,922,846 40% Streets 35,749 - - 3,018,812 - 18,812 18,812 3,000,000 1% 2015 Park Bonds 376,689 376,736 375,106 375,106 185,382 - 185,382 189,724 49% 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 29,782,859 5,274,827 3,845,322 9,120,149 20,662,710 31% Expenditures by Type Services & Charges Professional Services 2,883,244 3,074,579 160,000 620,920 283,350 171,429 454,779 166,141 73% Printing & Advertising 404 2,706 45,000 45,000 3,140 5,400 8,540 36,460 19% Utilities 42,523 46,983 70,000 70,000 29,508 - 29,508 40,492 42% Repairs & Maintenance 209,536 122,395 432,873 3,451,968 32,703 19,096 51,799 3,400,169 2% Grants & Subsidies 1,220,570 1,028,845 2,220,000 6,798,284 1,069,471 3,626,704 4,696,175 2,102,108 69% 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 12,154,288 1,628,945 3,822,630 5,451,575 6,702,714 45% 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 3,508,382 - 3,508,382 5,920,406 37% Total Expenditures 12,470,279 8,380,845 13,810,778 29,782,859 5,274,827 3,845,322 9,120,149 20,662,710 31% Net Surplus / (Deficit) 1,619,747 5,906,140 (1,057,923) (16,467,251) 1,544,021 (2,301,301) 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 8,328,103 26,569,734 Cash Reserves Target 6,235,140 4,190,422 14,891,429 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: 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 #221 & #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. | Debt Service - The fund is used to pay for debt service for the following bonds: • 2015 Economic Development Income Tax Bonds (Park Projects), (Interfund Transfer to Fund #757) - final payment 8/1/35, (debt schedule #141) • 2018 Economic Development Revenue Bonds (Potawatomi Zoo Project) - final payment 2/1/34, (debt schedule #175) • 2021 South Bend Building Corporation LIT Lease Rental Revenue Bonds (Infrastructure Projects), (Interfund Transfer to Fund #755) - final payment 8/1/36, (debt schedule #215) 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 June 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 June 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 2,750 126 126 2,624 5% 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 1,430,626 1,430,626 1,627,624 47% Expenditures by Type Services & Charges Debt Service Principal 1,790,000 1,850,000 1,925,000 2,030,000 1,120,000 - 1,120,000 910,000 55% Debt Service Interest & Fees 1,073,013 1,006,069 934,282 1,014,328 476,941 - 476,941 537,387 47% Total Expenditures 2,863,013 2,856,069 2,859,282 3,044,328 1,596,941 - 1,596,941 1,447,387 52% Net Surplus / (Deficit)9,839 10,002 8,468 13,922 (166,315) (166,315) Beginning Cash Balance 222,584 232,423 242,425 Cash Adjustments - - - Ending Cash Balance 232,423 242,425 256,347 76,111 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 funded by interfund transfers from 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 funded by interfund transfers from 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 funded by interfund transfers from 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 June 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 51 51 2,949 2% 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 1,238,301 1,238,301 1,531,199 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 (150,477) (150,477) Beginning Cash Balance 815,025 833,535 224,375 Cash Adjustments - - - Ending Cash Balance 833,535 224,375 241,919 73,899 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 funded by interfund transfers from River West TIF Fund (#324), final payment 2/1/23, (debt schedule #39) • 2013 EMS/Fire Station/Tower Bonds - debt payments funded by interfund transfers from Fire Department Capital Fund (#287), final payment 2/1/33, (debt schedule #116) • 2021 LIT Infrastructure Bonds - debt payments funded by interfund transfers from 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 funded by interfund transfers from 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 June 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 9,878,014 9,878,014 7,826,116 56% 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 89,802 89,802 84,099 52% Donations 2,250 - - - - - - - Debt Proceeds 4,345,059 - - - - - - - Other Income 252,995 22,900 - 15,393 128,455 128,455 (113,062) 835% Interfund Transfers In 35,560 585,315 - 8 8 8 - 103% Total Revenue 22,045,151 20,134,540 18,274,531 18,289,932 10,390,514 10,390,514 7,899,418 57% Expenditures by Type Services & Charges Professional Services 1,082,200 714,611 425,000 830,266 243,964 181,085 425,049 405,217 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 1,329,981 958,715 813,204 813,204 427,707 - 427,707 385,498 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 2,758,746 181,085 2,939,831 2,664,842 52% Capital 12,152,391 4,873,092 - 14,757,013 1,969,001 5,311,363 7,280,364 7,476,648 49% 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 25,071,685 7,085,247 5,492,449 12,577,695 12,493,990 50% Net Surplus / (Deficit) (1,974,965) 4,691,625 8,615,125 (6,781,753) 3,305,267 (2,187,181) 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 26,931,288 37,639,643 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. 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. This fund is also used to repay several bonds related to capital projects in the community. The repayment of the bonds is either accounted for in this fund (see Debt Service Principal & Interest expense) or accounted for in separate debt service funds with the repayment being funded by interfund transfers from this fund to the debt service funds (see Interfund Transfers Out). Current debt includes: • 2006 Main/Colfax Garage - Transpo Lease - final payment 9/15/25, (debt schedule #13) • 2011 South Bend Downtown Central Development Area TIF Refunding Bonds, Refunding 2003 - final payment 8/1/24, (debt schedule #5) • 2011 Airport Development Area TIF Refunding Bonds, Refunding 2003 - final payment 8/1/24, (debt schedule #6) • 2012 Fire Station/Police Dept Renovations Refunding Bonds, Refunding 2003, (Interfund Transfer to Fund #755) - final payment 2/1/23, (debt schedule #39) • 2013 Century Center Special Tax Bonds, Refunding 2008, (Interfund Transfer to Fund #752) - final payment 5/1/26, (debt schedule #62) • 2015 South Bend Redevelopment Authority Lease Rental Revenue Bonds (Smart Streets Bonds), (Interfund Transfer to Fund #756) - final payment 2/1/37, (debt schedule #135) • 2019 South Bend Redevelop. Authority Lease Rental Revenue Bonds (Double Tracking Project), (Interfund Transfer to Fund #352) - final payment 2/1/30, (debt schedule #200) • 2018 Redevelopment District Bonds (Park Projects) - final payment 2/1/33, (debt schedule #169) • 2020 Taxable Economic Development Tax Increment Revenue Bonds (Community Education Center Project) - final payment 2/1/37, (debt schedule #210) Cash Reserves Target No reserve requirement 156 City of South Bend, Indiana Monthly Financial Report June 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 237,261 348,856 283,927 283,927 151,044 151,044 132,883 53% Interest Earnings 8,861 7,164 9,635 9,635 3,462 3,462 6,173 36% Other Income 300 - - - - - - - Total Revenue 246,422 356,020 293,562 293,562 154,506 154,506 139,056 53% 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 65,001 154,506 60,929 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 1,389,536 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 June 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 2,424,936 2,424,936 1,397,954 63% Interest Earnings 62,271 39,992 27,464 27,464 26,239 26,239 1,225 96% 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 2,468,025 2,468,025 1,382,329 64% Expenditures by Type Services & Charges Professional Services 82,784 67,611 - 665,224 171,879 425,435 597,314 67,910 90% Insurance - 523 - 221 - - - 221 0% Other Services & Charges - - - - - - - - - Total Services & Charges 82,784 68,133 - 665,445 171,879 425,435 597,314 68,131 90% Capital 5,418,511 1,336,457 - 5,413,357 430,489 1,797,486 2,227,975 3,185,382 41% Total Expenditures 5,501,295 1,404,591 - 6,078,801 602,367 2,222,921 2,825,289 3,253,513 46% Net Surplus / (Deficit)(2,441,932) 3,711,876 3,850,354 (2,228,447) 1,865,658 (357,263) 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 11,680,975 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 June 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 1,512,733 1,512,733 303,016 83% Interest Earnings 89,378 75,461 69,286 69,286 39,824 39,824 29,462 57% Total Revenue 3,171,100 3,057,189 1,885,035 1,885,035 1,552,557 1,552,557 332,478 82% Expenditures by Type Services & Charges Professional Services 140,498 162,661 - 731,102 55,940 327,454 383,395 347,707 52% Total Services & Charges 140,498 162,661 - 731,102 55,940 327,454 383,395 347,707 52% Capital 76,527 999,692 - 8,942,403 876,113 1,238,212 2,114,325 6,828,077 24% Total Expenditures 217,025 1,162,353 - 9,673,505 932,053 1,565,667 2,497,720 7,175,784 26% Net Surplus / (Deficit) 2,954,075 1,894,837 1,885,035 (7,788,470) 620,504 (945,163) 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 6,684,712 15,358,037 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 June 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 - 269,923 166,000 166,000 194,469 194,469 (28,469) 117% Interest Earnings 1,154 687 3,511 3,511 322 322 3,189 9% Total Revenue 1,154 270,610 169,511 169,511 194,791 194,791 (25,280) 115% 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 - 254,036 179,861 - 179,861 74,175 71% Net Surplus / (Deficit) (94,989) 164,440 169,511 (84,525) 14,930 14,930 Beginning Cash Balance 187,806 93,140 257,579 Cash Adjustments 322 - - Ending Cash Balance 93,140 257,579 173,055 272,509 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 June 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 3,544,574 3,544,574 2,433,806 59% Interest Earnings 15,060 19,471 53,667 53,667 9,819 9,819 43,848 18% Total Revenue 5,324,035 6,318,471 6,032,047 6,032,047 3,554,392 3,554,392 2,477,654 59% Expenditures by Type Services & Charges Professional Services - 13,350 30,000 30,000 1,500 - 1,500 28,500 5% 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 494,828 508,178 525,329 525,329 248,164 - 248,164 277,165 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 2,443,789 - 2,443,789 2,477,915 50% Net Surplus / (Deficit) 965,082 751,634 1,110,343 1,110,343 1,110,603 1,110,603 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 6,540,572 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. Professional Services will cover mandatory administrative costs related to TIF neutralization calculations. 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. This fund is used to repay bonds related to capital projects in the community. The repayment of the bonds is accounted for in separate debt service funds with the repayment being funded by interfund transfers from this fund to the debt service funds (see Interfund Transfers Out). Also, this fund is repaying two interfund loans (see Debt Service Principal & Interest expense). Principal and interest payments are made to the Major Moves Fund (#412). The loans will be paid off in 2024 and 2029. Current debt includes: • 2011/2013 Major Moves-Triangle Development Interfund Loan, (Repay Fund #412) - final payment 2/15/29, (debt schedule #84) • 2011/2013 Major Moves-Eddy Street Commons Interfund Loan, (Repay Fund #412) - final payment 2/15/24, (debt schedule #85) • 2015 South Bend Redevelopment Authority Lease Rental Revenue Bonds, Refunding 2008 (Eddy Street Commons Project), (Interfund Transfer to Fund #752) - final payment 2/15/33, (debt schedule #54) • 2017 Taxable Economic Development Revenue Bonds (Eddy Street Phase II), (Interfund Transfer to Fund #760) - final payment 2/15/37, (debt schedule #163) Cash Reserves Target No reserve requirement 161 City of South Bend, Indiana Monthly Financial Report June 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 June 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 June 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 2,903 2,903 6,454 31% Total Revenue 8,934 6,085 9,357 9,357 2,903 2,903 6,454 31% Total Expenditures - - - - - - - - - Net Surplus / (Deficit)8,934 6,085 9,357 9,357 2,903 2,903 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 1,038,653 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 June 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 2 2 8 16% 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 1,035,010 518,502 518,502 516,508 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 1,877 1,877 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 June 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 8 8 2 82% Interfund Transfers In 326,938 - - - - - - - Total Revenue 326,939 16 10 10 8 8 2 82% Expenditures by Type Interfund Transfers Out - 11 - - 8 - 8 (8) - Total Expenditures - 11 - - 8 - 8 (8) - Net Surplus / (Deficit)326,939 5 10 10 (0) (0) Beginning Cash Balance - 326,939 326,944 Cash Adjustments - - - Ending Cash Balance 326,939 326,944 326,954 326,944 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 June 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 7,000 556 510 510 46 92% Hotel/Motel Taxes - - - 381,500 - - 381,500 0% Interest Earnings 11,827 13,014 24,072 24,072 8,627 8,627 15,445 36% 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 9,137 9,137 1,546,991 1% Expenditures by Type Services & Charges Professional Services 1,657 91 4,500 4,500 - - - 4,500 0% Grants & Subsidies 666,323 538,272 - 755,283 245,742 209,541 455,283 300,000 60% Total Services & Charges 667,979 538,363 4,500 759,783 245,742 209,541 455,283 304,500 60% Capital 2,214 - - - - - - - - Interfund Transfers Out - 147,786 - 381,500 - - - 381,500 0% Total Expenditures 670,193 686,149 4,500 1,141,283 245,742 209,541 455,283 686,000 40% Net Surplus / (Deficit) 965,263 743,285 1,176,572 414,845 (236,605) (446,146) 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 3,602,839 2,953,140 Cash Reserves Target 167,548 171,537 285,321 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). • 2022 South Bend Redevelopment Authority Lease Rental Revenue Bonds (Morris Project), (Interfund Transfer to Fund #752) - final payment 2/1/46, (debt schedule #221) • 2022 Economic Development Lease Rental Revenue Bonds (Potawatomi Zoo Project), (Interfund Transfer to Fund #755) - final payment 2/1/42, (debt schedule #222) Cash Reserves Target 25% of Annual expenditures 167 City of South Bend, Indiana Monthly Financial Report June 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 31 31 70 31% Total Revenue 96 65 101 101 31 31 70 31% Expenditures by Type Services & Charges Professional Services - - - - - - - - - Other Services & Charges - - - - - - - - - Total Services & Charges - - - - - - - - - Capital - - - - - - - - - Total Expenditures - - - - - - - - - Net Surplus / (Deficit)96 65 101 101 31 31 Beginning Cash Balance 10,965 11,080 11,145 Cash Adjustments 19 - - Ending Cash Balance 11,080 11,145 11,246 11,176 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 June 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 - 8,000 6,821 6,821 1,179 85% Total Revenue 28,865 15,033 - 8,000 6,821 6,821 1,179 85% 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 15,662 2,209,579 2,225,241 132,895 94% Total Expenditures 1,514,357 188,982 - 2,389,024 15,662 2,209,579 2,225,241 163,783 93% Net Surplus / (Deficit) (1,485,491) (173,950) - (2,381,024) (8,841) (2,218,420) 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 52,212 2,440,056 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 June 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 1,502 1,150 1,150 352 77% Total Revenue 3,540 2,411 2 1,502 1,150 1,150 352 77% Expenditures by Type Services & Charges Professional Services - - - - - - - - - Other Services & Charges - - - - - - - - - Total Services & Charges - - - - - - - - - Capital - - - - - - - - - Total Expenditures - - - - - - - - - Net Surplus / (Deficit)3,540 2,411 2 1,502 1,150 1,150 Beginning Cash Balance 403,750 407,982 410,393 Cash Adjustments 692 - - Ending Cash Balance 407,982 410,393 411,895 411,544 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