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Home My WebLink About2022-11 - Monthly Financial ReportPeriod Ending: Issued By: City of South Bend Monthly Financial Report Page(s)Contents 2 Fund 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 - 37 Employee Headcount Fund Summaries 38 - 59 General Fund 60 - 84 Public Works Funds 85 - 103 Public Safety Funds 104 - 122 Venues, Parks & Arts Funds 123 - 135 Department of Community Investment Funds 136 - 142 Internal Service Funds 143 - 156 Administrative Funds 157 - 171 Redevelopment Commission Controlled Funds Distribution Mayor Chief of Staff Deputy Chief of Staff Common Council Department Heads Directors of Department Finance November 30, 2022 Controller's Office Page #General Fund Page #Venues, Parks & Arts Funds 38 101 General Fund 104 201 Parks & Recreation 105 273 Morris PAC / Palais Royale Marketing General Fund Departments/Divisions 106 274 Morris PAC Self-Promotion 40 Mayor 107 312 2017 Parks Bond Debt Service 41 Community Initiatives 108 401 Coveleski Stadium Capital 42 Community Police Review Office 109 413 Professional Sports Convention Develop. Area 43 City Clerk 110 416 Morris Performing Arts Center Capital 44 Common Council 111 450 Palais Royale Historic Preservation 45 Controller's Office 112 453 Zoo Bond Capital 46 Human Resources 113 471 2017 Parks Bond Capital 47 Diversity & Inclusion 114 601 Parking Garages 48 Human Rights 115 602 Morris Performing Arts Center Operations 49 Legal Department 116 Morris PAC Historical Budget Summary 50 Engineering 117 670 Century Center 51 Office of Sustainability 118 671 Century Center Capital 52 AmeriCorps Grant Program 119 672 Century Center Energy Conservation Debt Svc 53 Police Department 120 730 City Cemetery 54 Police Crime Lab 121 731 Bowman Cemetery 55 Fire Department 122 757 2015 Parks Bond Debt Service 56 Emergency Medical Services 57 Fire Training Center Dept of Community Investment Funds 58 Morris Performing Arts Center 123 209 Studebaker-Oliver Revitalizing Grants 59 Palais Royale Ballroom 124 210 Economic Development State Grants 125 211 Dept of Community Investment Operating Public Works Funds 126 212 Dept of Community Investment Grants 60 202 Motor Vehicle Highway 127 219 Unsafe Building 61 266 MVH Restricted 128 221 Rental Units Regulation 62 Motor Vehicle Highway Combined Budget Summary 129 230 Code Enforcement 63 251 Local Road & Street 130 410 Urban Development Action Grant 64 257 LOIT Special Distribution 131 600 Consolidated Building 65 265 Local Road & Bridge Grant 132 754 Industrial Revolving Fund 66 412 Major Moves Construction 133 756 2015 Smart Streets Bond Debt Service 67 455 2021 Infrastructure Bond Capital 134 759 2017 Eddy Street Commons Bond Capital 68 610 Solid Waste Operations 135 760 2017 Eddy Street Commons Bond Debt Service 69 611 Solid Waste Capital 70 620 Water Works Operations Internal Service Funds 71 622 Water Works Capital 136 222 Central Services 72 624 Water Works Customer Deposit 137 224 Central Services Capital 73 625 Water Works Sinking (Debt Service)138 226 Liability Insurance 74 626 Water Works Bond Reserve 139 279 IT / Innovation / 311 Call Center 75 629 Water Works Operations & Maint. Reserve 140 711 Self-Funded Employee Benefits 76 640 Sewer Repair Insurance 141 713 Unemployment Compensation 77 641 Sewage Works Operations 142 714 Parental Leave 78 642 Sewage Works Capital 79 643 Sewage Works Operations & Maint. Reserve Administrative Funds 80 649 Sewage Sinking (Debt Service)143 102 Rainy Day 81 653 Sewage Debt Service Reserve 144 217 Gift, Donation, Bequest 82 654 Sewage Works Customer Deposit 145 227 Loss Recovery 83 655 Project ReLeaf 146 258 Human Rights Federal Grants 84 667 Storm Sewer 147 263 American Rescue Plan 148 American Rescue Plan Budget Summary Public Safety Funds 149 264 COVID-19 Response 85 216 Police State Seizures 150 404 Local Income Tax - Certified Shares 86 218 Police Curfew Violations 151 406 Cumulative Capital Development 87 220 Law Enforcement Continuing Education 152 407 Cumulative Capital Improvement 88 249 Local Income Tax - Public Safety 153 408 Local Income Tax - Economic Development 89 278 Take Home Vehicle Police 154 750 Equipment/Vehicle Leasing 90 280 Police Block Grants 155 752 South Bend Redevelopment Authority 91 287 Fire Department Capital 156 755 South Bend Building Corporation 92 288 Emergency Medical Services Operating 93 289 Haz-Mat Redevelopment Commission Controlled Funds 94 291 Indiana River Rescue 157 324 TIF - River West Development Area 95 292 Police Grants 158 422 TIF - West Washington 96 294 Regional Police Academy 159 429 TIF - River East Development Area (NE Dev) 97 295 COPS MORE Grant 160 430 TIF - Southside Development Area #1 98 299 Police Federal Drug Enforcement 161 435 TIF - Douglas Road 99 350 2018 Fire Station #9 Bond Debt Service 162 436 TIF - River East Residential Area (NE Res) 100 451 2018 Fire Station #9 Capital 163 315 Redevelopment Bond - Airport Taxable 101 701 Fire Pension 164 328 Redevelopment Bond - Palais Royale 102 702 Police Pension 165 351 2018 TIF Park Bond Debt Service Reserve 103 705 Police K-9 Unit 166 352 2019 South Shore Double Tracking Bond Debt Svc 167 353 2020 TIF Library Bond Debt Service Reserve 168 433 Redevelopment General 169 439 Certified Technology Park 170 452 2018 TIF Park Bond Capital 171 454 Airport Urban Enterprise Zone November 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 - 37) 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 (38 - 171) 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. City of South Bend Report of Changes in Cash Balance January 1, 2022 through November 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)11/30/2022 Requirement Reserve Req. City Controlled Funds 101 General Fund 54,208,073 49,257,256 72,880,424 661,564 (22,961,603) 31,246,470 39,954,018 (8,707,548) Special Revenue Funds 102 Rainy Day 10,910,077 135,496 - (39,832) 95,664 11,005,742 8,717,131 2,288,611 201 Parks & Recreation 5,865,858 11,788,419 15,530,061 21,419 (3,720,223) 2,145,635 4,955,940 (2,810,305) 202 Motor Vehicle Highway 4,772,416 8,676,343 7,976,772 202,263 901,835 5,674,250 2,963,963 2,710,288 209 Studebaker-Oliver Revitalizing Grants 692,248 8,454 41,621 (2,305) (35,473) 656,775 - - 210 Economic Development State Grants 26,876 126,873 220,637 (15) (93,778) (66,903) - - 211 Dept of Community Investment Operating 394,125 3,409,761 3,512,638 243 (102,633) 291,492 - - 212 Dept of Community Investment Grants 409,818 1,513,528 2,299,431 (28,151) (814,054) (404,236) - - 216 Police State Seizures 173,825 22,358 - (681) 21,678 195,503 11,125 184,378 217 Gift, Donation, Bequest 978,522 259,132 251,930 (414) 6,789 985,311 - - 218 Police Curfew Violations 13,880 178 14,059 - (13,880) - - - 219 Unsafe Building 764,981 78,317 16,910 (2,884) 58,523 823,504 - - 220 Law Enforcement Continuing Education 378,981 845,257 511,556 (6,750) 326,951 705,932 137,142 568,790 221 Rental Units Regulation 87,416 113,260 74,998 (945) 37,317 124,733 - - 227 Loss Recovery 414,099 5,143 - (1,512) 3,631 417,730 - - 230 Code Enforcement 497,492 3,235,321 3,382,262 (63,389) (210,329) 287,163 - - 249 Local Income Tax - Public Safety 3,844,465 8,467,392 10,248,840 (6,273) (1,787,722) 2,056,743 - - 251 Local Road & Street 2,349,376 2,020,548 1,870,111 15,776 166,213 2,515,589 - - 257 LOIT Special Distribution 245,630 3,051 - (897) 2,154 247,784 - - 258 Human Rights Federal Grants 426,544 7,835 178,304 (952) (171,421) 255,123 - - 263 American Rescue Plan 29,536,642 30,079,070 2,312,701 (206,936) 27,559,433 57,096,075 - - 264 COVID-19 Response - 447,892 472,081 (8,440) (32,629) (32,629) - - 265 Local Road & Bridge Grant 704,875 2,370,149 594,751 (7,797) 1,767,601 2,472,476 - - 266 MVH Restricted 2,042,332 3,789,847 3,753,972 (4,320) 31,555 2,073,887 - - 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 3,353 200 (108) 3,046 31,148 2,500 28,648 291 Indiana River Rescue 360,311 130,210 83,975 (13,599) 32,636 392,948 27,340 365,608 292 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 60,237 118,043 59,979 - 58,064 118,301 19,625 98,676 404 Local Income Tax - Certified Shares 18,631,245 11,382,162 13,034,712 624,320 (1,028,230) 17,603,015 8,798,204 8,804,811 408 Local Income Tax - Economic Development 24,795,353 12,097,921 13,152,252 1,636,291 581,959 25,377,313 14,972,339 10,404,974 410 Urban Development Action Grant 27,182 389,037 18,000 (1,436) 369,601 396,783 - - 655 Project ReLeaf 282,057 457,791 358,744 5,820 104,867 386,924 112,427 274,497 705 Police K-9 Unit 2,435 1 2,436 - (2,435) - - - 730 City Cemetery 30,218 375 - (110) 265 30,483 - - 731 Bowman Cemetery 475,369 5,904 - (1,736) 4,168 479,537 400,000 79,537 754 Industrial Revolving Fund 3,700,843 5,355,357 3,598,247 (1,235,468) 521,642 4,222,485 - - Total Special Revenue Funds 114,485,206 107,344,089 84,113,050 871,184 24,102,223 138,587,429 41,117,735 22,998,513 Debt Service Funds 312 2017 Parks Bond Debt Service 184,163 664,820 1,169,365 - (504,545) (320,382) - - 350 2018 Fire Station #9 Bond Debt Service - 344,156 344,156 - - - - - 672 Century Center Energy Conservation Debt Svc 196,702 383,046 402,367 (693) (20,014) 176,687 - - 752 South Bend Redevelopment Authority 242,425 3,057,619 3,040,677 - 16,942 259,367 259,367 - 755 South Bend Building Corporation 224,375 2,737,077 2,749,716 - (12,640) 211,736 211,736 - 756 2015 Smart Streets Bond Debt Service 1,742,699 1,715,084 1,711,344 - 3,741 1,746,439 1,746,439 - 757 2015 Parks Bond Debt Service 587,763 343,179 372,556 - (29,377) 558,386 558,386 - 760 2017 Eddy Street Commons Bond Debt Service 3,668,611 1,926,548 1,926,375 - 173 3,668,784 2,500,000 1,168,784 Total Debt Service Funds 6,846,739 11,171,530 11,716,557 (693) (545,720) 6,301,019 5,275,929 1,168,784 Capital Funds 287 Fire Department Capital 2,758,339 3,219,969 2,282,888 (6,636) 930,445 3,688,784 - - 401 Coveleski Stadium Capital 814 21,196 17,784 (8) 3,404 4,218 - - 406 Cumulative Capital Development 286,746 288,004 487,547 (618) (200,162) 86,584 - - 407 Cumulative Capital Improvement 651,096 102,759 445,567 9,939 (332,869) 318,228 - - 412 Major Moves Construction 1,889,193 550,947 1,047,902 443,051 (53,905) 1,835,289 - - 413 Professional Sports Convention Development Area 775,632 1,788,381 1,117,850 (284,530) 386,002 1,161,633 - - 416 Morris Performing Arts Center Capital 1,912,926 6,510,003 6,895,366 (202) (385,566) 1,527,361 - - 450 Palais Royale Historic Preservation 93,481 15,485 - (382) 15,104 108,585 - - 451 2018 Fire Station #9 Bond Capital 316,090 3,926 - (1,154) 2,772 318,861 - - 453 Zoo Bond Capital - 5,891,985 806,213 - 5,085,771 5,085,771 - - 455 2021 Infrastructure Bond Capital 3,836,482 33,923 1,550,366 136,593 (1,379,850) 2,456,631 - - 471 2017 Parks Bond Capital 4,259,726 41,749 1,608,708 91,547 (1,475,412) 2,784,313 - - 750 Equipment/Vehicle Leasing 347,697 - 347,697 - (347,697) - - - 759 2017 Eddy Street Commons Bond Capital 25,763 25,565 - (25,564) 1 25,764 - - Total Capital Funds 17,153,985 18,493,891 16,607,889 362,036 2,248,038 19,402,023 - - City of South Bend Report of Changes in Cash Balance January 1, 2022 through November 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)11/30/2022 Requirement Reserve Req. Enterprise Funds 600 Consolidated Building 2,102,372 1,750,614 1,692,941 (7,248) 50,425 2,152,797 511,713 1,641,083 601 Parking Garages 907,380 757,374 845,694 15,921 (72,399) 834,981 353,374 481,607 602 Morris Performing Arts Center Operations - 1,601,025 1,023,295 5,064 582,794 582,794 168,358 414,436 610 Solid Waste Operations 906,471 6,717,856 7,360,466 2,810 (639,800) 266,670 710,676 (444,006) 611 Solid Waste Capital 779,163 2,530,214 1,739,934 (289) 789,991 1,569,154 - - 620 Water Works Operations 6,550,457 19,370,989 20,843,316 206,319 (1,266,008) 5,284,449 1,265,680 4,018,769 622 Water Works Capital 9,672,979 3,720,571 2,409,390 (27,124) 1,284,057 10,957,036 - - 624 Water Works Customer Deposit 1,279,314 10,755 - 18,211 28,966 1,308,280 1,308,280 - 625 Water Works Sinking (Debt Service)- 2,233,625 195,723 (6,800) 2,031,102 2,031,102 - - 626 Water Works Bond Reserve 1,422,804 11,674 - (5,050) 6,624 1,429,428 1,429,428 - 629 Water Works Operations & Maintenance Reserve 2,912,652 39,322 - (10,645) 28,677 2,941,330 3,111,318 (169,989) 640 Sewer Repair Insurance 2,003,861 716,299 760,337 3,240 (40,798) 1,963,063 248,267 1,714,795 641 Sewage Works Operations 13,825,371 38,104,703 37,243,708 (77,782) 783,213 14,608,584 2,325,575 12,283,009 642 Sewage Works Capital 14,359,708 3,564,013 3,298,067 26,030 291,975 14,651,683 - - 643 Sewage Works Operations & Maintenance Reserve 5,550,801 45,549 - (20,181) 25,368 5,576,169 5,290,960 285,210 649 Sewage Sinking (Debt Service)- 9,311,673 7,513,373 (16,300) 1,782,001 1,782,001 - - 653 Sewage Debt Service Reserve 3,749,760 30,770 - (13,633) 17,137 3,766,897 3,766,897 - 654 Sewage Works Customer Deposit 903,840 9,135 - 239,718 248,853 1,152,693 1,152,693 - 667 Storm Sewer 1,604,154 1,057,530 1,356,570 10,161 (288,879) 1,315,275 - - 670 Century Center Operations 194,350 4,660,916 3,676,799 (264,211) 719,907 914,257 1,023,739 (109,482) 671 Century Center Capital 983,710 3,258 - (1,826) 1,432 985,142 800,000 185,142 Total Enterprise Funds 69,709,146 96,247,866 89,959,612 76,385 6,364,639 76,073,786 23,466,960 76,073,786 Internal Service Funds 222 Central Services 658,666 8,650,518 8,970,553 70,394 (249,641) 409,024 887,373 (478,349) 226 Liability Insurance 6,100,867 2,914,259 4,411,791 54,972 (1,442,559) 4,658,307 3,251,539 1,406,768 278 Police Take Home Vehicle 698,546 49,472 - (2,680) 46,791 745,337 750,000 (4,663) 279 IT / Innovation / 311 Call Center 3,482,865 8,537,778 8,349,852 28,197 216,123 3,698,988 - - 711 Self-Funded Employee Benefits 10,786,414 15,734,141 15,274,008 (14,060) 446,074 11,232,488 4,599,966 6,632,522 713 Unemployment Compensation - 77,256 24,444 24,168 76,980 76,980 20,000 56,980 714 Parental Leave 226,711 239,031 74,240 (1,340) 163,450 390,161 20,308 369,853 Total Internal Service Funds 21,954,068 36,202,455 37,104,887 159,650 (742,781) 21,211,287 9,529,185 7,983,111 Fiduciary Funds 701 Fire Pension 420,180 4,072,807 3,785,909 (1,308) 285,589 705,769 459,189 246,580 702 Police Pension 560,923 6,020,254 5,475,824 (2,045) 542,385 1,103,308 605,774 497,534 718 State Tax Withholding Fund 795,612 - - 530 530 796,142 796,142 - 725 Morris / Palais Box Office 791,599 - - 828,273 828,273 1,619,871 1,619,871 - 726 Police Distributions Payable 1,641,403 - - (562,935) (562,935) 1,078,468 1,078,468 - Total Fiduciary Funds 4,209,716 10,093,061 9,261,733 262,514 1,093,842 5,303,558 4,559,444 744,114 Total City Controlled Funds 288,566,933 328,810,148 321,644,152 2,392,641 9,558,637 298,125,571 123,903,271 100,260,760 Redevelopment Commission Controlled Funds Tax Increment Financing Funds 324 TIF - River West Development Area 33,713,041 10,725,346 15,699,947 25,774 (4,948,827) 28,764,214 - - 422 TIF - West Washington 1,235,031 167,352 105,690 (4,784) 56,878 1,291,909 - - 429 TIF - River East Development Area (NE Dev)9,506,445 2,574,648 1,160,054 (36,044) 1,378,550 10,884,995 - - 430 TIF - Southside Development Area #1 14,473,182 1,693,859 1,968,593 409,738 135,004 14,608,186 - - 435 TIF - Douglas Road 257,579 197,127 210,455 (881) (14,209) 243,371 - - 436 TIF - River East Residential Area (NE Res)5,429,968 3,595,145 4,902,703 (14,885) (1,322,442) 4,107,526 - - Total Tax Increment Financing Funds 64,615,246 18,953,477 24,047,441 378,919 (4,715,045) 59,900,201 - - Redevelopment Funds 433 Redevelopment General 3,187,994 1,412,799 791,917 (11,677) 609,206 3,797,200 347,821 3,449,379 439 Certified Technology Park 11,145 138 - (41) 98 11,243 - - 452 2018 TIF Park Bond Capital 2,433,236 30,016 23,208 (8,799) (1,991) 2,431,245 - - 454 Airport Urban Enterprise Zone 410,393 5,097 - (1,498) 3,599 413,992 - - Total Redevelopment Funds 6,042,769 1,448,050 815,125 (22,015) 610,911 6,653,679 347,821 3,449,379 Debt Service Funds 315 Airport 2003 Debt Reserve 1,040,462 8,538 - (3,783) 4,755 1,045,217 1,045,217 - 328 SBCDA 2003 Debt Reserve 1,739,495 14,274 - (6,324) 7,950 1,747,445 1,747,445 - 351 2018 TIF Park Bond Debt Service 1,035,750 12,863 - (3,781) 9,082 1,044,832 1,044,832 - 352 2019 South Shore Double Tracking Debt Service 9,443 1,035,003 1,029,750 - 5,253 14,696 14,696 - 353 2020 TIF Library Bond Debt Service Reserve 326,944 15 16 - (1) 326,943 326,943 - Total Debt Service Funds 4,152,094 1,070,693 1,029,766 (13,889) 27,039 4,179,132 4,179,132 - Total Redevelopment Commission Funds 74,810,109 21,472,220 25,892,332 343,015 (4,077,096) 70,733,013 4,526,953 3,449,379 Grand Total 363,377,042 350,282,368 347,536,484 2,735,657 5,481,542 368,858,583 128,430,224 103,710,139 NOTE: REFER TO INDIVIDUAL FUND SUMMARIES FOR FURTHER DETAIL 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 73,973,720 114,154,337 - (40,180,617) 14,027,457 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 11,855,851 - (1,933,776) 2,838,639 209 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 12,791,925 - (3,758,368) (3,348,550) 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 378,981 827,245 548,568 - 278,677 657,658 221 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 60,089,134 - (30,544,110) (1,007,468) 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 5,545,613 - (1,598,821) 443,512 273 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 92,991 109,359 - (16,368) 343,943 292 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 29,944,678 - (16,629,070) 8,166,284 410 Urban Development Action Grant 27,182 385,842 356,253 - 29,589 56,771 655 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 114,485,206 129,018,831 198,757,859 305,175 (69,433,853) 45,051,350 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 November 30, 2022 Projected Cash Balance 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 November 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 3,917,170 - (2,414,170) (1,638,538) 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 36,362,499 - (16,863,478) 290,507 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 25,313,606 - (3,443,158) 3,107,299 622 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 2,003,861 723,687 993,069 - (269,382) 1,734,479 641 Sewage Works Operations 13,825,371 39,446,578 46,511,498 - (7,064,920) 6,760,451 642 Sewage Works Capital 14,359,708 4,255,647 14,614,348 - (10,358,701) 4,001,007 643 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 69,709,146 103,882,271 136,052,453 - (32,170,182) 37,538,964 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 4,591,888 - (525,877) (105,697) 702 Police Pension 560,923 6,021,412 6,057,740 - (36,328) 524,595 Total Fiduciary Funds 981,103 10,087,423 10,649,628 - (562,205) 418,898 Total City Controlled Funds 285,338,320 387,654,176 552,914,158 305,175 (164,954,807) 120,383,510 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 November 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 29,272,725 - (10,982,793) 22,730,248 422 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 9,417,026 - (5,566,672) 3,939,773 430 TIF - Southside Development Area #1 14,473,182 1,885,035 10,198,505 - (8,313,470) 6,159,712 435 TIF - Douglas Road 257,579 169,511 284,630 - (115,119) 142,461 436 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 54,323,151 - (23,802,710) 40,812,537 Redevelopment Funds 433 Redevelopment General 3,187,994 1,556,128 1,391,283 - 164,845 3,352,839 439 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 3,780,307 - (2,214,576) 3,828,192 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 59,133,208 - (26,002,659) 48,807,450 Grand Total 360,148,428 420,784,725 612,047,366 305,175 (190,957,465) 169,190,961 NOTE: REFER TO INDIVIDUAL FUND SUMMARIES FOR FURTHER DETAIL City of South Bend * NOTE: Available Cash is a Fund's cash balance minus any outstanding encumbrances Cash Reserves Summary by Fund Status Cash ActualFundFund Name Cash Outstanding Available Reserve % of Balance Encumb.Cash *Requirement Variance Budget Notes Cash Reserve Policy Under Reserve Requirement 101 General Fund 31,246,470 5,303,625 25,942,845 39,954,018 (14,011,173) 23%Property tax distribution received in June & Dec 35% of Annual expenditures 201 Parks & Recreation 2,145,635 1,770,279 375,356 4,955,940 (4,580,584) 2%Property tax distribution received in June & Dec 25% of Annual expenditures 222 Central Services 409,024 45,242 363,782 887,373 (523,591) 4%Charges for services came in under budget 10% of Annual expenditures 278 Police Take Home Vehicle 745,337 - 745,337 750,000 (4,663) 1491%One large claim in 2019, continuing to build cash reserves back up Set dollar amount of $750,000 610 Solid Waste Operations 266,670 63,386 203,284 710,676 (507,392) 3%Operations continue to rebound from shutdown 10% of Annual expenditures 629 Water Works Operations & Maintenance Reserve 2,941,330 - 2,941,330 3,111,318 (169,989) 16%Transfer from operating fund to be completed in December.16.67% of annual operating expenses in Fund 620, net of transfers 670 Century Center Operations 914,257 68,461 845,796 1,023,739 (177,943) 21%Operations continue to rebound from shutdown 25% of Annual expenditures Under Reserve Requirement Total 38,668,724$ 7,250,993$ 31,417,731$ 51,393,064$ (19,975,335)$ Meets or Exceeds Requirement 102 Rainy Day 11,005,742 - 11,005,742 8,717,131 2,288,611 4% 3% of total expenditures in previous fiscal year for Civil City Funds, less interfund transfers out 202 Motor Vehicle Highway 5,674,250 1,794,090 3,880,160 2,963,963 916,197 33%25% of Annual expenditures 216 Police State Seizures 195,503 - 195,503 11,125 184,378 439%25% of Annual expenditures 220 Law Enforcement Continuing Education 705,932 19,069 686,864 137,142 549,721 125%25% of Annual expenditures 226 Liability Insurance 4,658,307 1,129,413 3,528,894 3,251,539 277,355 54%50% of Annual expenditures 289 Haz-Mat 31,148 - 31,148 2,500 28,648 311%25% of Annual expenditures 291 Indiana River Rescue 392,948 1,925 391,023 27,340 363,683 358%25% of Annual expenditures 299 Police Federal Drug Enforcement 118,301 - 118,301 19,625 98,676 151%25% of Annual expenditures 315 Airport 2003 Debt Reserve 1,045,217 - 1,045,217 1,045,217 - 100%100% debt service reserve per bond covenants 328 SBCDA 2003 Debt Reserve 1,747,445 - 1,747,445 1,747,445 - 100%100% debt service reserve per bond covenants 351 2018 TIF Park Bond Debt Service 1,044,832 - 1,044,832 1,044,832 - 100% 100% debt service reserve per bond covenants 352 2019 South Shore Double Tracking Debt Service 14,696 - 14,696 14,696 - 100%100% debt service reserve per bond covenants 353 2020 TIF Library Bond Debt Service Reserve 326,943 - 326,943 326,943 - 100%100% debt service reserve per bond covenants 404 Local Income Tax - Certified Shares 17,603,015 2,400,852 15,202,163 8,798,204 6,403,959 86%50% of Annual expenditures 408 Local Income Tax - Economic Development 25,377,313 4,944,824 20,432,489 14,972,339 5,460,150 68%50% of Annual expenditures 433 Redevelopment General 3,797,200 374,866 3,422,334 347,821 3,074,513 246%25% of Annual expenditures 600 Consolidated Building 2,152,797 70 2,152,727 511,713 1,641,013 105%25% of Annual expenditures 601 Parking Garages 834,981 225,864 609,117 353,374 255,743 43%25% of Annual expenditures 602 Morris Performing Arts Center Operations 582,794 80,148 502,646 168,358 334,288 30%10% of Annual expenditures 620 Water Works Operations 5,284,449 832,451 4,451,998 1,265,680 3,186,318 18%5% of Annual expenditures 624 Water Works Customer Deposit 1,308,280 - 1,308,280 1,308,280 - 100%100% cash reserves for customer deposits November 30, 2022 City of South Bend * NOTE: Available Cash is a Fund's cash balance minus any outstanding encumbrances Cash Reserves Summary by Fund Status Cash ActualFundFund Name Cash Outstanding Available Reserve % of Balance Encumb.Cash *Requirement Variance Budget Notes Cash Reserve Policy November 30, 2022 626 Water Works Bond Reserve 1,429,428 - 1,429,428 1,429,428 - 100%100% cash reserves per bond covenants 640 Sewer Repair Insurance 1,963,063 26,602 1,936,461 248,267 1,688,194 195%25% of Annual expenditures 641 Sewage Works Operations 14,608,584 3,851,008 10,757,576 2,325,575 8,432,001 23%5% of Annual expenditures 643 Sewage Works Operations & Maintenance Reserve 5,576,169 - 5,576,169 5,290,960 285,210 18% 16.67% of annual operating expenses in Fund 641, net of transfers 653 Sewage Debt Service Reserve 3,766,897 - 3,766,897 3,766,897 - 100%100% cash reserves per bond covenants 654 Sewage Works Customer Deposit 1,152,693 - 1,152,693 1,152,693 - 100%100% cash reserves for customer deposits 655 Project ReLeaf 386,924 999 385,925 112,427 273,498 86%25% of Annual expenditures 671 Century Center Capital 985,142 - 985,142 800,000 185,142 2815%$800,000 Minimum per Board of Managers 701 Fire Pension 705,769 - 705,769 459,189 246,580 15%Slightly under reserve requirement 10% of Annual expenditures 702 Police Pension 1,103,308 - 1,103,308 605,774 497,534 18%Slightly under reserve requirement 10% of Annual expenditures 711 Self-Funded Employee Benefits 11,232,488 436,817 10,795,672 4,599,966 6,195,706 59%25% of Annual expenditures 713 Unemployment Compensation 76,980 - 76,980 20,000 56,980 96%25% of Annual expenditures 714 Parental Leave 390,161 - 390,161 20,308 369,853 154%8% of Annual expenditures - one month reserve 718 State Tax Withholding Fund 796,142 - 796,142 796,142 - 100%100% cash reserves - trust & agency funds 725 Morris / Palais Box Office 1,619,871 - 1,619,871 1,619,871 - 100%100% cash reserves - trust & agency funds 726 Police Distributions Payable 1,078,468 - 1,078,468 1,078,468 - 100%100% cash reserves - trust & agency funds 730 City Cemetery 30,483 - 30,483 - 30,483 100%25% of Annual expenditures 731 Bowman Cemetery 479,537 - 479,537 400,000 79,537 100%$400,000 minimum 752 South Bend Redevelopment Authority 259,367 - 259,367 259,367 - 100%100% cash reserves per bond covenants 755 South Bend Building Corporation 211,736 - 211,736 211,736 - 100%100% cash reserves per bond covenants 756 2015 Smart Streets Bond Debt Service 1,746,439 - 1,746,439 1,746,439 - 100%100% cash reserves per bond covenants 757 2015 Parks Bond Debt Service 558,386 - 558,386 558,386 - 100%100% cash reserves per bond covenants 760 2017 Eddy Street Commons Bond Debt Service 3,668,784 - 3,668,784 2,500,000 1,168,784 190%$2,500,000 minimum Meets or Exceeds Requirement Total 137,728,914$ 16,118,997$ 121,609,917$ 77,037,159$ 44,572,755$ City of South Bend * NOTE: Available Cash is a Fund's cash balance minus any outstanding encumbrances Cash Reserves Summary by Fund Status Cash ActualFundFund Name Cash Outstanding Available Reserve % of Balance Encumb.Cash *Requirement Variance Budget Notes Cash Reserve Policy November 30, 2022 No Reserve Requirement 209 Studebaker-Oliver Revitalizing Grants 656,775 16,713 640,063 - 640,063 100%No reserve requirement - Grant fund - spend down to zero 210 Economic Development State Grants (66,903) 57,418 (124,321) - (124,321) 100%Reimbursed by grant receipts No reserve requirement - Grant fund - spend down to zero 211 Dept of Community Investment Operating 291,492 227,013 64,479 - 64,479 100%Reimbursed through interfund transfers from Fund 408 No reserve requirement 212 Dept of Community Investment Grants (404,236) 3,780,084 (4,184,321) - (4,184,321) 100%Reimbursed by grant receipts No reserve requirement - Grant fund - spend down to zero 217 Gift, Donation, Bequest 985,311 252,922 732,389 - 732,389 100%No reserve requirement 219 Unsafe Building 823,504 2,690 820,814 - 820,814 100%No reserve requirement 221 Rental Units Regulation 124,733 99,686 25,047 - 25,047 100%Reimbursed through interfund transfers from Fund 408 No reserve requirement 227 Loss Recovery 417,730 - 417,730 - 417,730 100%No reserve requirement 230 Code Enforcement 287,163 216,045 71,118 - 71,118 100%Reimbursed through interfund transfers from Fund 408 No reserve requirement 249 Local Income Tax - Public Safety 2,056,743 - 2,056,743 - 2,056,743 100% No reserve requirement 251 Local Road & Street 2,515,589 1,441,737 1,073,852 - 1,073,852 100%No reserve requirement 257 LOIT Special Distribution 247,784 56,950 190,834 - 190,834 100%No reserve requirement - one-time distribution - spend down to zero 258 Human Rights Federal Grants 255,123 3,709 251,414 - 251,414 100%No reserve requirement - Grant fund - spend down to zero 263 American Rescue Plan 57,096,075 1,322,492 55,773,583 - 55,773,583 100%No reserve requirement - Grant fund - spend down to zero 264 COVID-19 Response (32,629) 211,848 (244,477) - (244,477) 100%To be reimbursed by grant receipts No reserve requirement - Grant fund - spend down to zero 265 Local Road & Bridge Grant 2,472,476 2,226,360 246,116 - 246,116 100%Reimbursed through interfund transfer to cover matching portion No reserve requirement - Grant fund - spend down to zero 266 MVH Restricted 2,073,887 964,772 1,109,115 - 1,109,115 100%No reserve requirement 279 IT / Innovation / 311 Call Center 3,698,988 922,628 2,776,360 - 2,776,360 100%Reimbursed through interfund allocation No reserve requirement 287 Fire Department Capital 3,688,784 2,599,672 1,089,112 - 1,089,112 100%No reserve requirement - Capital fund - spend down to zero 295 COPS MORE Grant 20,813 20,808 4 - 4 100%No reserve requirement 312 2017 Parks Bond Debt Service (320,382) - (320,382) - (320,382) 100%Property tax distribution received in June & Dec No reserve requirement 324 TIF - River West Development Area 28,764,214 5,071,212 23,693,002 - 23,693,002 100%Property tax distribution received in June & Dec No reserve requirement 350 2018 Fire Station #9 Bond Debt Service - - - - - 100%Receives transfers from Fund 287 for debt services pmts No reserve requirement 401 Coveleski Stadium Capital 4,218 - 4,218 - 4,218 100%Revenue based on stadium attendence is received in the fall No reserve requirement - Capital fund - spend down to zero 406 Cumulative Capital Development 86,584 - 86,584 - 86,584 100%Property tax distribution received in June & Dec No reserve requirement - Capital fund - spend down to zero 407 Cumulative Capital Improvement 318,228 996 317,231 - 317,231 100%No reserve requirement - Capital fund - spend down to zero 410 Urban Development Action Grant 396,783 - 396,783 - 396,783 100%No reserve requirement - Grant fund - spend down to zero 412 Major Moves Construction 1,835,289 427,782 1,407,507 - 1,407,507 100%No reserve requirement - Capital fund - spend down to zero 413 Professional Sports Convention Development Area 1,161,633 2,756,696 (1,595,062) - (1,595,062) 100%No reserve requirement - Capital fund - spend down to zero City of South Bend * NOTE: Available Cash is a Fund's cash balance minus any outstanding encumbrances Cash Reserves Summary by Fund Status Cash ActualFundFund Name Cash Outstanding Available Reserve % of Balance Encumb.Cash *Requirement Variance Budget Notes Cash Reserve Policy November 30, 2022 416 Morris Performing Arts Center Capital 1,527,361 1,471,063 56,298 - 56,298 100%No reserve requirement 422 TIF - West Washington 1,291,909 57,009 1,234,900 - 1,234,900 100%Property tax distribution received in June & Dec No reserve requirement 429 TIF - River East Development Area (NE Dev)10,884,995 4,966,049 5,918,946 - 5,918,946 100%Property tax distribution received in June & Dec No reserve requirement 430 TIF - Southside Development Area #1 14,608,186 4,036,023 10,572,163 - 10,572,163 100%Property tax distribution received in June & Dec No reserve requirement 435 TIF - Douglas Road 243,371 - 243,371 - 243,371 100%Property tax distribution received in June & Dec No reserve requirement 436 TIF - River East Residential Area (NE Res)4,107,526 - 4,107,526 - 4,107,526 100%Property tax distribution received in June & Dec No reserve requirement 439 Certified Technology Park 11,243 - 11,243 - 11,243 100%No reserve requirement 450 Palais Royale Historic Preservation 108,585 - 108,585 - 108,585 100%No reserve requirement 451 2018 Fire Station #9 Bond Capital 318,861 - 318,861 - 318,861 100%No reserve requirement - Bond capital fund - spend down to zero 453 Zoo Bond Capital 5,085,771 - 5,085,771 - 5,085,771 100%No reserve requirement - Bond capital fund - spend down to zero 452 2018 TIF Park Bond Capital 2,431,245 2,327,401 103,844 - 103,844 100%No reserve requirement - Bond capital fund - spend down to zero 454 Airport Urban Enterprise Zone 413,992 - 413,992 - 413,992 100%No reserve requirement 455 2021 Infrastructure Bond Capital 2,456,631 1,900,729 555,902 - 555,902 100%No reserve requirement - Bond capital fund - spend down to zero 471 2017 Parks Bond Capital 2,784,313 1,491,844 1,292,470 - 1,292,470 100%No reserve requirement - Bond capital fund - spend down to zero 611 Solid Waste Capital 1,569,154 1,294,726 274,428 - 274,428 100%Receives transfers from Fund 610 as needed No reserve requirement - Capital fund - spend down to zero 622 Water Works Capital 10,957,036 4,790,327 6,166,709 - 6,166,709 100%Receives transfers from Fund 620 as needed No reserve requirement - Capital fund - spend down to zero 625 Water Works Sinking (Debt Service)2,031,102 - 2,031,102 - 2,031,102 100%Receives transfers from Fund 620 as needed No reserve requirement 642 Sewage Works Capital 14,651,683 2,617,662 12,034,021 - 12,034,021 100%Receives transfers from Fund 641 as needed No reserve requirement - Capital fund - spend down to zero 649 Sewage Sinking (Debt Service)1,782,001 - 1,782,001 - 1,782,001 100%Receives transfers from Fund 641 as needed No reserve requirement 667 Storm Sewer 1,315,275 473,858 841,417 - 841,417 100%No reserve requirement - Capital fund - spend down to zero 672 Century Center Energy Conservation Debt Svc 176,687 - 176,687 - 176,687 100%No reserve requirement 754 Industrial Revolving Fund 4,222,485 28,065 4,194,419 - 4,194,419 100%No City reserve requirement; there are program requirements 759 2017 Eddy Street Commons Bond Capital 25,764 - 25,764 - 25,764 100%No reserve requirement - Bond capital fund - spend down to zero No Reserve Requirement Total 192,460,946$ 48,134,989$ 144,325,957$ -$ 144,325,955$ Total Funds 368,858,583$ 71,504,979$ 297,353,605$ 128,430,224$ 168,923,375$ City of South Bend Monthly Fund Financials Revenue Summary November 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 73,973,720 527,374 49,257,256 53,253,671 24,716,464 67% Special Revenue Funds 102 Rainy Day 99,340 20,402 135,496 60,234 (36,156) 136% 201 Parks & Recreation 17,505,813 190,412 11,788,419 11,244,133 5,717,394 67% 202 Motor Vehicle Highway 9,922,075 323,545 8,676,343 7,485,536 1,245,732 87% 209 Studebaker-Oliver Revitalizing Grants 5,942 1,217 8,454 4,071 (2,512) 142% 210 Economic Development State Grants 577,360 - 126,873 61,559 450,487 22% 211 Dept of Community Investment Operating 5,365,416 395,991 3,409,761 1,569,392 1,955,655 64% 212 Dept of Community Investment Grants 9,033,557 26,017 1,513,528 2,219,739 7,520,029 17% 216 Police State Seizures 5,896 13,115 22,358 29,857 (16,462) 379% 217 Gift, Donation, Bequest 246,270 3,833 259,132 475,779 (12,862) 105% 218 Police Curfew Violations 8 - 178 77 (170) 2231% 219 Unsafe Building 70,871 31,416 78,317 36,814 (7,446) 111% 220 Law Enforcement Continuing Education 827,245 89,096 845,257 309,210 (18,012) 102% 221 Rental Units Regulation 404,123 6,031 113,260 7,257 290,863 28% 227 Loss Recovery 3,769 774 5,143 2,369 (1,374) 136% 230 Code Enforcement 4,880,820 76,968 3,235,321 2,612,221 1,645,499 66% 249 Local Income Tax - Public Safety 9,178,554 729,237 8,467,392 8,657,492 711,162 92% 251 Local Road & Street 2,783,569 200,272 2,020,548 2,452,020 763,021 73% 257 LOIT Special Distribution 843 459 3,051 2,883 (2,208) 362% 258 Human Rights Federal Grants 155,250 473 7,835 171,899 147,415 5% 263 American Rescue Plan 29,545,024 105,840 30,079,070 29,526,201 (534,046) 102% 264 COVID-19 Response 1,166,853 26,232 447,892 1,421,257 718,961 38% 265 Local Road & Bridge Grant 2,002,427 4,583 2,370,149 1,586,800 (367,722) 118% 266 MVH Restricted 3,946,792 312,762 3,789,847 2,861,647 156,945 96% 273 Morris PAC / Palais Royale Marketing 43 - 43 5,909 - 99% 274 Morris PAC Self-Promotion 150 - 150 21,115 - 100% 280 Police Block Grants 2 - 2 23 - 119% 289 Haz-Mat 10,256 58 3,353 155 6,903 33% 291 Indiana River Rescue 92,991 17,978 130,210 95,619 (37,219) 140% 294 Regional Police Academy 83 - 83 20,392 - 100% 295 COPS MORE Grant 30 - 30 110,330 - 100% 299 Police Federal Drug Enforcement 89,724 27,257 118,043 58,102 (28,319) 132% 404 Local Income Tax - Certified Shares 12,096,973 772,441 11,382,162 14,332,581 714,811 94% 408 Local Income Tax - Economic Development 13,315,608 1,052,498 12,097,921 13,077,813 1,217,687 91% 410 Urban Development Action Grant 385,842 736 389,037 18,440 (3,195) 101% 655 Project ReLeaf 490,012 38,620 457,791 430,803 32,221 93% 705 Police K-9 Unit 1 - 1 13 - 139% 730 City Cemetery 273 57 375 167 (102) 137% 731 Bowman Cemetery 4,328 889 5,904 2,625 (1,576) 136% 754 Industrial Revolving Fund 4,804,698 102,679 5,355,357 2,482,897 (550,659) 111% Total Special Revenue Funds 129,018,831 4,571,887 107,344,089 103,455,433 21,674,745 83% Debt Service Fund 312 2017 Parks Bond Debt Service 1,150,804 - 664,820 655,479 485,984 58% 350 2018 Fire Station #9 Bond Debt Service 344,157 - 344,156 345,306 1 100% 672 Century Center Energy Conservation Debt Svc 404,367 234 383,046 365,908 21,321 95% 752 South Bend Redevelopment Authority 3,058,250 463 3,057,619 2,866,066 631 100% 755 South Bend Building Corporation 2,769,500 145 2,737,077 11,424,079 32,423 99% 756 2015 Smart Streets Bond Debt Service 1,716,000 7 1,715,084 1,716,084 916 100% 757 2015 Parks Bond Debt Service 375,106 31,622 343,179 344,840 31,927 91% 760 2017 Eddy Street Commons Bond Debt Service 1,928,125 16 1,926,548 1,916,149 1,577 100% Total Debt Service Funds 11,746,309 32,487 11,171,530 19,633,911 574,780 95% City of South Bend Monthly Fund Financials Revenue Summary November 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 4,276,873 167,952 3,219,969 1,966,112 1,056,904 75% 401 Coveleski Stadium Capital 25,109 8 21,196 58 3,913 84% 406 Cumulative Capital Development 514,423 161 288,004 282,521 226,419 56% 407 Cumulative Capital Improvement 243,166 590 102,759 105,714 140,407 42% 412 Major Moves Construction 499,578 3,402 550,947 586,971 (51,369) 110% 413 Professional Sports Convention Development Area 1,503,000 2,153 1,788,381 509,462 (285,381) 119% 416 Morris Performing Arts Center Capital 6,508,701 26 6,510,003 20,869 (1,302) 100% 450 Palais Royale Historic Preservation 8,320 6,577 15,485 11,820 (7,165) 186% 451 2018 Fire Station #9 Bond Capital 1,250 591 3,926 1,745 (2,676) 314% 453 Zoo Bond Capital 5,891,800 23 5,891,985 - (184) 100% 455 2021 Infrastructure Bond Capital 12,000 4,554 33,923 8,620,255 (21,923) 283% 471 2017 Parks Bond Capital 14,801 5,162 41,749 29,902 (26,948) 282% 750 Equipment/Vehicle Leasing - - - 16 - 0% 759 2017 Eddy Street Commons Bond Capital - 0 25,565 1 (25,565) 0% Total Capital Funds 19,499,021 191,198 18,493,891 12,135,445 1,005,130 95% Enterprise Funds 600 Consolidated Building 1,603,384 242,201 1,750,614 1,409,425 (147,230) 109% 601 Parking Garages 965,795 70,641 757,374 845,767 208,421 78% 602 Morris Performing Arts Center Operations 2,203,607 38,069 1,601,025 - 602,582 73% 610 Solid Waste Operations 6,727,723 607,798 6,717,856 7,168,221 9,867 100% 611 Solid Waste Capital 2,684,437 7 2,530,214 1,626,268 154,223 94% 620 Water Works Operations 21,870,448 1,378,227 19,370,989 19,810,784 2,499,459 89% 622 Water Works Capital 4,213,704 22,029 3,720,571 3,319,374 493,133 88% 624 Water Works Customer Deposit - 2,425 10,755 7,042 (10,755) 0% 625 Water Works Sinking (Debt Service)2,662,430 3,765 2,233,625 1,387,987 428,805 84% 626 Water Works Bond Reserve 22 2,669 11,674 7,700 (11,652) 53064% 629 Water Works Operations & Maintenance Reserve 15,296 5,452 39,322 16,138 (24,026) 257% 640 Sewer Repair Insurance 723,687 63,185 716,299 651,870 7,388 99% 641 Sewage Works Operations 39,446,578 3,260,626 38,104,703 36,917,771 1,341,875 97% 642 Sewage Works Capital 4,255,647 30,270 3,564,013 6,099,108 691,634 84% 643 Sewage Works Operations & Maintenance Reserve - 10,337 45,549 30,756 (45,549) 0% 649 Sewage Sinking (Debt Service)11,107,089 3,301 9,311,673 23,163,052 1,795,416 84% 653 Sewage Debt Service Reserve 36,647 6,983 30,770 1,509,481 5,877 84% 654 Sewage Works Customer Deposit - 2,137 9,135 4,134 (9,135) 0% 667 Storm Sewer 1,238,842 89,134 1,057,530 1,053,020 181,312 85% 670 Century Center Operations 4,125,935 305,226 4,660,916 1,969,217 (534,981) 113% 671 Century Center Capital 1,000 1,824 3,258 90 (2,258) 326% Total Enterprise Funds 103,882,271 6,146,305 96,247,866 106,997,204 7,634,406 93% Internal Service Funds 222 Central Services 8,878,405 674,734 8,650,518 6,755,256 227,887 97% 224 Central Services Capital - - - 84,157 - 0% 226 Liability Insurance 3,429,594 8,777 2,914,259 3,092,048 515,335 85% 278 Police Take Home Vehicle 26,154 5,122 49,472 15,712 (23,318) 189% 279 IT / Innovation / 311 Call Center 10,122,770 7,524 8,537,778 9,451,123 1,584,992 84% 711 Self-Funded Employee Benefits 16,625,249 1,424,865 15,734,141 15,840,432 891,108 95% 713 Unemployment Compensation 105,726 733 77,256 94,850 28,470 73% 714 Parental Leave 258,703 20,370 239,031 227,207 19,672 92% Total Internal Service Funds 39,446,601 2,142,126 36,202,455 35,560,784 3,244,146 92% Fiduciary Funds 701 Fire Pension 4,066,011 3,115 4,072,807 4,102,815 (6,796) 100% 702 Police Pension 6,021,412 2,046 6,020,254 5,956,744 1,158 100% Total Fiduciary Funds 10,087,423 5,161 10,093,061 10,059,559 (5,638) 100% Total City Controlled Funds 387,654,176 13,616,538 328,810,148 341,096,006 58,844,033 85% City of South Bend Monthly Fund Financials Revenue Summary November 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 53,623 10,725,346 12,312,618 7,564,586 59% 422 TIF - West Washington 293,562 2,395 167,352 219,919 126,210 57% 429 TIF - River East Development Area (NE Dev)3,850,354 20,178 2,574,648 3,191,341 1,275,706 67% 430 TIF - Southside Development Area #1 1,885,035 27,080 1,693,859 1,543,661 191,176 90% 435 TIF - Douglas Road 169,511 451 197,127 92,028 (27,616) 116% 436 TIF - River East Residential Area (NE Res)6,032,047 7,614 3,595,145 3,510,446 2,436,902 60% Total Tax Increment Financing Funds 30,520,441 111,341 18,953,477 20,870,014 11,566,964 62% Redevelopment Funds 433 Redevelopment General 1,556,128 380,867 1,412,799 1,428,215 143,329 91% 439 Certified Technology Park 101 21 138 62 (37) 137% 452 2018 TIF Park Bond Capital 8,000 4,507 30,016 14,173 (22,016) 375% 454 Airport Urban Enterprise Zone 1,502 767 5,097 2,266 (3,595) 339% Total Redevelopment Funds 1,565,731 386,162 1,448,050 1,444,714 117,681 92% Debt Service Funds 315 Airport 2003 Debt Reserve - 1,938 8,538 5,765 (8,538) 0% 328 SBCDA 2003 Debt Reserve - 3,239 14,274 9,638 (14,274) 0% 351 2018 TIF Park Bond Debt Service 9,357 1,937 12,863 5,718 (3,506) 137% 352 2019 South Shore Double Tracking Debt Service 1,035,010 0 1,035,003 1,036,503 7 100% 353 2020 TIF Library Bond Debt Service Reserve 10 1 15 15 (5) 150% Total Debt Service Funds 1,044,377 7,115 1,070,693 1,057,639 (26,316) 103% Total Redevelopment Commission Funds 33,130,549 504,619 21,472,220 23,372,368 11,658,329 65% Grand Total 420,784,725 14,121,156 350,282,368 364,468,374 70,502,362 83% City of South Bend Monthly Fund Financials Expenditure Summary November 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 114,154,337 6,650,141 72,880,424 65,581,351 5,303,625 35,970,288 68% Special Revenue Funds 102 Rainy Day - - - - - - 0% 201 Parks & Recreation 19,823,760 1,041,941 15,530,061 13,912,659 1,770,279 2,523,420 87% 202 Motor Vehicle Highway 11,855,851 727,335 7,976,772 9,301,543 1,794,090 2,084,989 82% 209 Studebaker-Oliver Revitalizing Grants 262,443 33,487 41,621 69,534 16,713 204,109 22% 210 Economic Development State Grants 604,236 - 220,637 61,846 57,418 326,181 46% 211 Dept of Community Investment Operating 5,759,541 275,301 3,512,638 3,129,731 227,013 2,019,890 65% 212 Dept of Community Investment Grants 12,791,925 561,881 2,299,431 2,226,082 3,780,084 6,712,410 48% 216 Police State Seizures 44,500 - - 71,043 - 44,500 0% 217 Gift, Donation, Bequest 740,289 16,519 251,930 450,655 252,922 235,438 68% 218 Police Curfew Violations 18,799 - 14,059 - - 4,740 75% 219 Unsafe Building 23,000 - 16,910 104,996 2,690 3,400 85% 220 Law Enforcement Continuing Education 548,568 22,904 511,556 381,362 19,069 17,943 97% 221 Rental Units Regulation 450,794 4,885 74,998 150,187 99,686 276,109 39% 227 Loss Recovery - - - 69,630 - - 0% 230 Code Enforcement 5,129,435 210,319 3,382,262 3,134,840 216,045 1,531,128 70% 249 Local Income Tax - Public Safety 12,689,047 - 10,248,840 8,719,457 - 2,440,207 81% 251 Local Road & Street 3,656,900 86,037 1,870,111 3,488,524 1,441,737 345,052 91% 257 LOIT Special Distribution 56,950 - - 23,927 56,950 - 100% 258 Human Rights Federal Grants 248,783 (1,812) 178,304 211,752 3,709 66,769 73% 263 American Rescue Plan 60,089,134 118,361 2,312,701 - 1,322,492 56,453,941 6% 264 COVID-19 Response 1,166,853 6,397 472,081 2,928,914 211,848 482,924 59% 265 Local Road & Bridge Grant 2,923,443 - 594,751 2,482,521 2,226,360 102,331 96% 266 MVH Restricted 5,545,613 93,075 3,753,972 2,237,812 964,772 826,868 85% 273 Morris PAC / Palais Royale Marketing 100,000 - 74,852 5,885 - 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 - 200 - - 9,800 2% 291 Indiana River Rescue 109,359 - 83,975 53,135 1,925 23,460 79% 292 Police Grants 26,716 - 26,716 - - 1 100% 294 Regional Police Academy 175,000 - 146,411 100 - 28,589 84% 295 COPS MORE Grant 145,808 - 24,566 83,048 20,808 100,434 31% 299 Police Federal Drug Enforcement 78,500 - 59,979 81,148 - 18,521 76% 404 Local Income Tax - Certified Shares 17,596,408 937,370 13,034,712 9,315,323 2,400,852 2,160,844 88% 408 Local Income Tax - Economic Development 29,944,678 1,755,293 13,152,252 7,029,691 4,944,824 11,847,601 60% 410 Urban Development Action Grant 356,253 - 18,000 24,000 - 338,253 5% 655 Project ReLeaf 449,708 17,806 358,744 509,092 999 89,965 80% 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 1,979 3,598,247 2,507,857 28,065 1,292,397 74% Total Special Revenue Funds 198,757,859 5,909,079 84,113,050 72,766,296 21,861,350 92,783,459 53% Debt Service Fund 312 2017 Parks Bond Debt Service 1,169,368 - 1,169,365 1,189,190 - 3 100% 350 2018 Fire Station #9 Bond Debt Service 344,157 - 344,156 345,306 - 1 100% 672 Century Center Energy Conservation Debt Svc 402,368 - 402,367 406,711 - 1 100% 752 South Bend Redevelopment Authority 3,044,328 20,663 3,040,677 2,854,869 - 3,651 100% 755 South Bend Building Corporation 2,751,956 1,350 2,749,716 12,033,240 - 2,240 100% 756 2015 Smart Streets Bond Debt Service 1,711,694 - 1,711,344 1,712,469 - 350 100% 757 2015 Parks Bond Debt Service 372,557 - 372,556 374,381 - 1 100% 760 2017 Eddy Street Commons Bond Debt Service 1,926,375 - 1,926,375 1,710,875 - - 100% Total Debt Service Funds 11,722,804 22,013 11,716,557 20,627,041 - 6,247 100% * Percent of budget spent includes year to date expenditures and outstanding encumbrances City of South Bend Monthly Fund Financials Expenditure Summary November 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 6,798,339 167,231 2,282,888 2,211,616 2,599,672 1,915,779 72% 401 Coveleski Stadium Capital 25,715 - 17,784 10,183 - 7,931 69% 406 Cumulative Capital Development 512,428 107,261 487,547 394,767 - 24,881 95% 407 Cumulative Capital Improvement 489,341 230,612 445,567 240,300 996 42,778 91% 412 Major Moves Construction 1,789,238 545,148 1,047,902 83,092 427,782 313,555 82% 413 Professional Sports Convention Development Area 3,917,170 2,033 1,117,850 - 2,756,696 42,625 99% 416 Morris Performing Arts Center Capital 8,475,984 2,281,494 6,895,366 123,880 1,471,063 109,555 99% 450 Palais Royale Historic Preservation 35,000 - - - - 35,000 0% 451 2018 Fire Station #9 Bond Capital - - - - - - 0% 453 Zoo Bond Capital 5,891,800 153,408 806,213 - - 5,085,587 14% 455 2021 Infrastructure Bond Capital 3,815,260 179,807 1,550,366 3,812,701 1,900,729 364,165 90% 471 2017 Parks Bond Capital 4,264,527 112,922 1,608,708 1,547,366 1,491,844 1,163,975 73% 750 Equipment/Vehicle Leasing 347,697 - 347,697 - - - 100% 759 2017 Eddy Street Commons Bond Capital - - - - - - 0% Total Capital Funds 36,362,499 3,779,915 16,607,889 8,423,905 10,648,782 9,105,831 75% Enterprise Funds 600 Consolidated Building 2,046,854 109,769 1,692,941 1,434,393 70 353,843 83% 601 Parking Garages 1,413,495 49,194 845,694 543,977 225,864 341,937 76% 602 Morris Performing Arts Center Operations 1,683,579 83,714 1,023,295 - 80,148 580,136 66% 610 Solid Waste Operations 7,106,763 397,841 7,360,466 6,131,384 63,386 (317,090) 104% 611 Solid Waste Capital 3,463,022 128,665 1,739,934 1,235,235 1,294,726 428,362 88% 620 Water Works Operations 25,313,606 945,925 20,843,316 18,201,282 832,451 3,637,839 86% 622 Water Works Capital 12,735,287 776,208 2,409,390 1,472,856 4,790,327 5,535,569 57% 624 Water Works Customer Deposit - - - 7,042 - - 0% 625 Water Works Sinking (Debt Service)2,662,430 - 195,723 211,464 - 2,466,707 7% 626 Water Works Bond Reserve - - - 7,696 - - 0% 629 Water Works Operations & Maintenance Reserve - - - 16,138 - - 0% 640 Sewer Repair Insurance 993,069 30,044 760,337 646,974 26,602 206,131 79% 641 Sewage Works Operations 46,511,498 1,082,694 37,243,708 36,287,830 3,851,008 5,416,782 88% 642 Sewage Works Capital 14,614,348 392,676 3,298,067 4,788,223 2,617,662 8,698,619 40% 643 Sewage Works Operations & Maintenance Reserve - - - 30,756 - - 0% 649 Sewage Sinking (Debt Service)11,107,089 6,878,882 7,513,373 8,071,307 - 3,593,716 68% 653 Sewage Debt Service Reserve - - - 1,749,971 - - 0% 654 Sewage Works Customer Deposit - - - 4,134 - - 0% 667 Storm Sewer 2,271,456 11,098 1,356,570 331,802 473,858 441,028 81% 670 Century Center Operations 4,094,958 305,198 3,676,799 2,653,627 68,461 349,698 91% 671 Century Center Capital 35,000 - - - - 35,000 0% Total Enterprise Funds 136,052,453 11,191,909 89,959,612 83,826,093 14,324,563 31,768,277 77% Internal Service Funds 222 Central Services 8,873,729 566,969 8,970,553 7,460,555 45,242 (142,065) 102% 224 Central Services Capital - - - 110,378 - - 0% 226 Liability Insurance 6,503,078 369,161 4,411,791 3,009,190 1,129,413 961,874 85% 278 Police Take Home Vehicle 50,000 - - 270 - 50,000 0% 279 IT / Innovation / 311 Call Center 11,054,062 564,235 8,349,852 8,188,252 922,628 1,781,582 84% 711 Self-Funded Employee Benefits 18,399,864 1,383,709 15,274,008 15,034,522 436,817 2,689,040 85% 713 Unemployment Compensation 80,000 - 24,444 75,134 - 55,556 31% 714 Parental Leave 253,846 6,390 74,240 168,540 - 179,606 29% Total Internal Service Funds 45,214,579 2,890,464 37,104,887 34,046,840 2,534,100 5,575,593 88% Fiduciary Funds 701 Fire Pension 4,591,888 334,654 3,785,909 3,785,686 - 805,979 82% 702 Police Pension 6,057,740 500,668 5,475,824 5,468,098 - 581,916 90% Total Fiduciary Funds 10,649,628 835,321 9,261,733 9,253,783 - 1,387,895 87% Total City Controlled Funds 552,914,158 31,278,841 321,644,152 294,525,309 54,672,419 176,597,590 68% * Percent of budget spent includes year to date expenditures and outstanding encumbrances City of South Bend Monthly Fund Financials Expenditure Summary November 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 29,272,725 814,359 15,699,947 14,048,358 5,071,212 8,501,567 71% 422 TIF - West Washington 228,561 61,242 105,690 50,482 57,009 65,862 71% 429 TIF - River East Development Area (NE Dev)9,417,026 65,236 1,160,054 1,404,591 4,966,049 3,290,923 65% 430 TIF - Southside Development Area #1 10,198,505 519,770 1,968,593 873,644 4,036,023 4,193,889 59% 435 TIF - Douglas Road 284,630 - 210,455 106,170 - 74,175 74% 436 TIF - River East Residential Area (NE Res)4,921,704 - 4,902,703 5,566,837 - 19,001 100% Total Tax Increment Financing Funds 54,323,151 1,460,607 24,047,441 22,050,082 14,130,293 16,145,417 70% Redevelopment Funds 433 Redevelopment General 1,391,283 - 791,917 683,349 374,866 224,500 84% 439 Certified Technology Park - - - - - - 0% 452 2018 TIF Park Bond Capital 2,389,024 - 23,208 188,982 2,327,401 38,416 98% 454 Airport Urban Enterprise Zone - - - - - - 0% Total Redevelopment Funds 3,780,307 - 815,125 872,332 2,702,267 262,916 93% Debt Service Funds 315 Airport 2003 Debt Reserve - - - 5,765 - - 0% 328 SBCDA 2003 Debt Reserve - - - 9,638 - - 0% 351 2018 TIF Park Bond Debt Service - - - - - - 0% 352 2019 South Shore Double Tracking Debt Service 1,029,750 - 1,029,750 1,027,750 - - 100% 353 2020 TIF Library Bond Debt Service Reserve - - 16 - - (16) 0% Total Debt Service Funds 1,029,750 - 1,029,766 1,043,153 - (16) 100% Total Redevelopment Commission Funds 59,133,208 1,460,607 25,892,332 23,965,566 16,832,559 16,408,316 72% Grand Total 612,047,366 32,739,448 347,536,484 318,490,875 71,504,979 193,005,906 68% * Percent of budget spent includes year to date expenditures and outstanding encumbrances City of South Bend Revenue by Type Report Year to Date % Revenue Type Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of Budget Taxes Property 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 Shares 744,465 744,465 744,465 744,465 744,465 744,465 744,465 744,465 744,465 744,465 744,465 - 8,189,120 8,933,585 92% LIT for Economic Development 1,005,450 1,005,450 1,005,450 1,005,450 1,005,450 1,005,450 1,005,450 1,005,450 1,005,450 1,005,450 1,005,450 - 11,059,955 12,065,405 92% LIT for Public Safety 725,425 725,425 725,425 725,425 725,425 725,425 725,425 725,425 725,425 725,425 725,425 - 7,979,674 8,705,099 92% LIT for Redevelopment 8 8 8 8 8 8 8 8 - - - - 61 92 67% LIT Additional - Supplemental Distrib - - - - 1,760,616 - - - - - - - 1,760,616 1,760,616 100% Sub Total 2,475,348 2,475,348 2,475,348 2,475,348 4,235,964 2,475,348 2,475,348 2,475,348 2,475,341 2,475,341 2,475,341 - 28,989,426 31,464,797 92% Total Taxes 2,475,348 2,475,348 2,475,348 2,475,348 4,235,964 51,538,124 2,475,348 2,475,348 2,475,341 2,475,341 2,475,341 - 78,052,202 118,366,010 66% Intergovernmental Revenue State 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 Tax 22,556 - - - - 37,389 - - - - - - 59,945 90,000 67% Liquor Gallonage Tax 71,052 - - 58,872 - - 54,718 - - 73,072 - - 257,714 239,165 108% Cigarette Tax - - - - - 122,361 - - - - - - 122,361 272,798 45% Gasoline Tax 557,915 545,448 549,715 554,658 596,187 531,168 585,356 302,627 511,388 488,015 611,039 - 5,833,515 5,829,152 100% Wheel Tax 135,309 114,163 157,569 176,831 202,639 - 379,337 211,340 173,972 3,331 205,008 - 1,759,499 2,100,000 84% PSCDA Tax 265,657 224,381 103,144 272,388 183,129 175,887 - - - 552,135 - - 1,776,721 1,500,000 118% State Pension Subsidy - - - - - 5,041,940 - - 5,030,559 - - - 10,072,499 10,076,880 100% Sub Total 1,052,488 883,992 810,428 1,062,749 981,954 8,205,015 1,019,411 513,967 5,715,918 1,116,553 816,046 - 22,178,524 24,761,777 90% Local Government Shared Revenue Hotel Motel Tax 1,258,937 - - 200,000 - - 637,500 - - - 374,523 - 2,470,960 2,274,437 109% Grants Federal Grants 397,089 527,201 2,683,009 527,979 880,693 29,590,849 460,000 1,188,857 1,612,409 14,040 35,475 - 37,917,601 46,266,163 82% State Grants - 75,432 - 15,196 - - 105,977 - 7,410 - 69,783 - 273,798 647,105 42% Sub Total 397,089 602,634 2,683,009 543,175 880,693 29,590,849 565,977 1,188,857 1,619,819 14,040 105,258 - 38,191,399 46,913,268 81% Other Intergovernmental Staffing Agreements with County - 30,000 - - - - - - - - - - 30,000 30,000 100% Local Government Grants - - - - - - - - - - - - - 55,000 0% Federal Seized Drug - - 70,027 - - - - 758 - - 27,257 - 98,041 70,027 140% State Seized Drug - - - 741 - 4,061 - - - 2,567 12,752 - 20,121 5,000 402% Sub Total - 30,000 70,027 741 - 4,061 - 758 - 2,567 40,009 - 148,162 160,027 93% Total Intergovernmental Revenue 2,708,515 1,516,626 3,563,464 1,806,665 1,862,647 37,799,925 2,222,888 1,703,582 7,335,737 1,133,160 1,335,836 - 62,989,044 74,109,509 85% Licenses & Permits Business Business Licenses 15,490 25,501 16,589 16,519 7,868 7,535 5,295 3,058 2,842 668 849 - 102,212 104,025 98% Taxi Cab Licensing 21 - 220 1,020 401 - 180 55 84 763 482 - 3,226 2,300 140% Sub Total 15,511 25,501 16,809 17,539 8,269 7,535 5,475 3,113 2,926 1,431 1,331 - 105,438 106,325 99% Nonbusiness Lawn Parking 180 45 560 132 965 100 235 1,856 4,991 869 445 - 10,378 10,000 104% Engineering 3,975 3,955 5,860 9,835 19,460 7,250 10,110 19,620 5,565 10,125 8,830 - 104,585 156,100 67% Right-of-Way Closures - 100 350 100 175 325 400 375 125 50 100 - 2,100 1,500 140% Park Food Sales Permit - 25 26 53 26 30 26 26 83 - 53 - 348 250 139% Fire Dept-Building Plan Review 874 2,229 2,633 1,565 2,535 1,976 2,940 1,904 3,846 4,704 2,344 - 27,550 24,000 115% Building Department 98,526 86,698 141,787 131,717 169,850 156,395 170,393 160,879 134,488 229,473 237,912 - 1,718,118 1,585,100 108% SBARC - Pet Licenses 1,490 2,300 3,235 2,625 4,435 2,215 2,150 2,605 1,345 1,315 2,480 - 26,195 37,000 71% Sub Total 105,045 95,352 154,451 146,026 197,446 168,291 186,254 187,265 150,443 246,536 252,163 - 1,889,273 1,813,950 104% Total Licenses & Permits 120,555 120,853 171,260 163,566 205,715 175,826 191,729 190,378 153,369 247,966 253,494 - 1,994,711 1,920,275 104% Period Ending: November 30, 2022 City of South Bend Revenue by Type Report Year to Date % Revenue Type Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of Budget Period Ending: November 30, 2022 Charges for Services General Government Plan Commission Charges 800 100 300 250 100 100 100 200 450 350 - - 2,750 4,100 67% Copies of Public Records 129 - 26 - - - - - - - - - 154 1,200 13% Historic Preserv Certificate of Approval 40 20 220 240 260 360 160 140 180 140 80 - 1,840 2,000 92% IT Services - - - - - - - - - - - - - - NA Sub Total 969 120 546 490 360 460 260 340 630 490 80 - 4,744 7,300 65% Public Safety Accident Report Copies 7,467 3,554 12,126 7,083 6,681 8,634 6,173 7,839 7,824 8,703 4,371 - 80,454 81,000 99% Traffic Signal Maintenance 8,511 10,921 - 11,855 3,322 1,201 15,250 13,180 9,178 8,067 5,772 - 87,256 249,455 35% EMS Special Event Coverage - 4,740 49,122 6,248 - 13,057 22,469 - - 1,562 16,171 - 113,368 150,000 76% Regional Academy Tuition 5,400 2,600 850 1,025 - 850 - 25 - 7,500 3,000 - 21,250 20,000 106% River Rescue School Tuition 19,405 (2,800) - 10,700 25,900 11,200 - - 18,400 25,750 17,250 - 125,805 90,000 140% Fire Training Center Tuition 505 3,915 1,515 - - - - - - - - - 5,935 50,000 12% Emergency Medical Service 261,028 254,111 364,083 292,212 274,418 295,062 291,290 353,735 344,391 298,867 326,729 - 3,355,924 3,620,000 93% Medicaid Reimbursements - - - - 578,790 - - - - - - - 578,790 579,000 100% EMS for County 164,337 164,337 164,337 - - 493,011 328,674 - 164,337 164,337 164,337 - 1,807,707 1,892,852 96% Hazmat Charges - - - - - - - - 3,000 - - - 3,000 10,000 30% Police Special Event Coverage - - - - - - 23,894 - - - - - 23,894 15,000 159% Crime Lab Services 925 1,706 875 900 1,063 838 275 - - 1,275 513 - 8,369 10,000 84% EMS Late Payment Interest - 3,703 1,192 837 1,096 - 2,080 292 - - - - 9,201 15,000 61% Misc Revenue - - - - - - - - - 102 - - 102 500 20% Sub Total 467,578 446,786 594,100 330,860 891,269 823,852 690,106 375,070 547,130 516,162 538,142 - 6,221,055 6,782,807 92% Culture & Recreation Morris Performing Arts Center 22,058 24,638 191,643 66,611 - 176,950 69,090 - - - 28,224 - 579,215 985,000 59% Palais Royale Ballroom 4,720 20,484 11,463 17,143 10,114 12,517 14,271 9,052 12 12,227 32,425 - 144,430 144,190 100% Parks & Recreation 232,465 209,399 220,174 171,252 304,691 490,627 428,163 566,452 311,341 158,048 107,372 - 3,199,984 3,108,794 103% Lease of Coveleski Stadium - - 274 - - - - - - 20,908 - - 21,182 25,000 85% Century Center 68,058 136,585 196,809 199,327 229,382 194,571 132,031 5,417 360,566 965,607 295,258 - 2,783,610 2,643,452 105% Sub Total 327,302 391,106 620,363 454,333 544,187 874,664 643,555 580,921 671,919 1,156,791 463,279 - 6,728,420 6,906,436 97% Highways & Streets Sale of Signs/Materials 883 - - 1,270 - 2,879 - - - - - - 5,033 5,500 92% Special Events - - - - - - 10,255 1,940 - - - - 12,195 1,500 813% Sub Total 883 - - 1,270 - 2,879 10,255 1,940 - - - - 17,228 7,000 246% Sanitation Trash Collection/Residential 467,840 498,325 497,781 498,620 500,078 502,489 501,408 502,999 502,410 502,952 503,737 - 5,478,639 5,504,876 100% Trash Collection/Commercial 9,998 10,506 10,511 10,530 10,596 10,667 10,701 10,804 10,764 10,771 10,845 - 116,693 124,680 94% Trash Collection/Apt 2 Units 3,996 4,233 4,260 4,246 4,215 4,234 4,246 4,238 4,247 4,188 4,216 - 46,317 51,950 89% Trash Collection/Apt 3 Units 1,879 1,979 1,993 1,949 1,949 1,963 1,919 1,919 1,919 1,938 1,928 - 21,334 23,897 89% Trash Collection/Apt 4 Units 2,313 2,440 2,478 2,570 2,526 2,554 2,554 2,590 2,516 2,516 2,516 - 27,575 29,092 95% Trash Collection/Seniors - - - - - - - - - - - - - 46,755 0% Trash Collection/Special Pickup 1,580 1,700 2,080 2,940 2,515 2,620 4,150 4,200 3,880 4,940 3,060 - 33,665 32,000 105% Trash Collection/Yard Waste Pickup 40 10 90 60 140 280 120 10 - - - - 750 250 300% Misc/Additional Trash Totes (67) (90) (148) (189) (601) (489) (669) (507) (306) (457) (183) - (3,705) - NA Misc/Return Trip Customer Error 1,130 880 1,390 1,080 880 910 1,150 1,050 910 670 700 - 10,750 10,000 108% Misc/Contamination Fee - - - - 740 1,015 1,660 810 695 1,395 810 - 7,125 500 1425% Misc/Tote Replacement Fee 350 598 450 650 791 1,005 1,295 722 528 448 559 - 7,394 3,000 246% Misc/Trash Start Fee 3,320 2,940 3,510 3,760 3,710 4,230 4,309 4,470 5,029 4,420 4,040 - 43,738 48,000 91% Misc/Yard Waste Totes 108 64 33 71,345 72,146 73,455 73,914 74,680 74,681 75,003 75,076 - 590,505 523,200 113% Sub Total 492,487 523,586 524,426 597,561 599,685 604,933 606,756 607,984 607,273 608,784 607,304 - 6,380,780 6,398,200 100% City of South Bend Revenue by Type Report Year to Date % Revenue Type Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of Budget Period Ending: November 30, 2022 Charges for Services Utilities - Water Metered Sales/Residential 655,684 645,891 632,796 633,323 634,827 781,858 888,664 779,913 776,474 677,542 630,069 - 7,737,042 8,534,213 91% Metered Sales/Commercial 188,023 185,869 194,028 193,806 196,396 215,885 225,828 217,758 220,961 198,127 188,505 - 2,225,185 2,708,998 82% Metered Sales/Industrial 25,906 25,142 31,102 28,122 27,842 31,684 29,906 30,321 30,592 28,296 29,758 - 318,671 518,557 61% Metered Sales/Multi Family 103,007 102,043 101,128 100,521 97,293 110,599 119,932 106,103 112,490 103,405 94,670 - 1,151,191 1,294,174 89% Bulk Sales/Olive St - - - - - - - - - - - - - 7,476 0% Metered Sales/Institution 11,203 11,968 10,909 10,412 10,760 10,830 12,279 11,159 11,829 11,057 9,857 - 122,263 140,287 87% Public Fire Protection 216,186 214,425 217,050 215,834 215,505 216,848 214,873 213,812 214,198 213,488 212,669 - 2,364,888 2,726,802 87% Private Fire Protection 37,837 37,666 37,801 37,676 37,808 37,830 37,517 37,693 37,928 38,031 38,013 - 415,802 512,768 81% Sales to Public Authorities 31,382 29,827 30,862 31,549 38,252 48,339 52,639 46,122 48,807 40,453 33,530 - 431,761 402,036 107% Irrigation Sales 710 152 849 3,453 150,198 244,276 377,392 339,223 322,643 203,979 2,646 - 1,645,522 1,446,969 114% Other Water/Misc Service 12,104 10,211 18,162 16,312 13,230 17,614 15,812 16,556 29,262 30,784 27,447 - 207,494 397,154 52% Backflow Prevention Insp.16,800 12,500 13,825 14,675 17,825 19,750 13,700 19,425 14,400 13,850 11,125 - 167,875 170,026 99% Water Main Extension - - - - - - - - - - - - - - NA Rents From Water Property - - - - - - - - - - - - - - NA Revenue From Cut Off Fees 375 - 375 375 375 375 225 375 - 75 300 - 2,850 5,000 57% Penalties (Forfeit Disc.)- - - - - - - - - - 915 - 915 44,000 2% Water Leak Insurance 85,216 93,374 88,566 88,540 88,644 89,059 88,879 89,216 89,142 89,104 88,934 - 978,675 1,111,911 88% System Development Fee 3,856 436 3,001 4,031 4,283 4,711 3,352 13,854 209,395 3,262 1,718 - 251,897 210,000 120% Sub Total 1,388,288 1,369,506 1,380,455 1,378,629 1,533,239 1,829,657 2,080,997 1,921,531 2,118,121 1,651,453 1,370,156 - 18,022,031 20,230,371 89% Utilities - Sewage Metered Sales/Residential 1,747,223 1,720,245 1,722,884 1,729,106 1,727,829 1,775,503 1,779,743 1,759,675 1,754,434 1,759,332 1,705,074 - 19,181,048 20,052,148 96% Metered Sales/Commercial 626,435 668,879 659,390 662,636 662,423 660,433 673,855 756,674 725,841 672,530 623,774 - 7,392,869 7,576,499 98% Metered Sales/Industrial 526,602 724,506 444,049 524,943 449,322 427,068 489,586 425,377 466,800 473,857 456,779 - 5,408,890 5,401,760 100% Metered Sales/Multi Family 251,249 305,370 260,575 258,684 250,905 256,041 256,181 250,312 283,783 261,779 247,094 - 2,881,972 3,152,406 91% Metered Sales/Institution 27,331 28,021 27,276 26,441 26,877 27,165 29,783 28,057 29,768 28,408 25,912 - 305,040 299,645 102% Sales to Public Authority 80,407 77,689 79,879 79,335 86,792 102,521 110,929 98,958 109,498 96,179 81,815 - 1,004,002 1,124,666 89% Wholesale Meter/New Carlisle - - - - - - - - - - - - - 255,691 0% Penalties (Forfeit Disc.)- - - - - - - - - - 5,432 - 5,432 340,283 2% Dumping Fees 788 928 1,645 1,960 - 6,055 4,550 5,460 8,978 8,234 8,461 - 47,058 23,001 205% Laboratory Service Fees - - - - - - - 1,030 - 390 1,200 - 2,620 1,560 168% Discharge Permit Fees 500 1,250 2,500 - - 3,500 5,000 750 1,250 - 2,000 - 16,750 5,720 293% System Development Fee 8,296 1,083 17,899 7,683 9,294 11,355 2,080 31,335 5,687 7,862 3,111 - 105,684 339,000 31% Sewer Repair Insurance 47,219 51,667 49,076 49,112 49,214 49,464 49,376 49,543 49,582 49,414 49,329 - 542,995 579,500 94% Sewer Repair Deductible 8,086 9,218 8,434 10,614 9,548 10,154 8,109 8,388 8,793 9,372 10,217 - 100,932 80,000 126% UAP Assistance Fee 94,855 95,027 94,545 94,502 94,445 94,627 94,670 94,883 95,967 94,928 94,653 - 1,043,103 840,000 124% UAP Credit (Contra)(35,000) (35,950) (37,322) (38,572) (41,341) (46,324) (48,605) (50,334) (52,305) (54,985) (28,904) - (469,641) (840,000) 56% RINS Credits - - - - - - - - - - - - - - NA Disconnect Program Fee - - - - - - - - - - - - - - NA Sub Total 3,383,990 3,647,933 3,330,829 3,406,446 3,325,309 3,377,561 3,455,257 3,460,107 3,488,074 3,407,298 3,285,947 - 37,568,752 39,231,879 96% Utilities - Other Storm Water Fees 80,646 89,900 86,029 86,307 86,377 86,871 86,656 86,913 86,962 86,885 86,694 - 950,241 1,147,200 83% Clean Air/ReLeaf (Leaf Pickup)36,205 40,005 37,726 37,730 37,785 37,975 37,901 38,018 38,029 37,996 37,902 - 417,273 451,610 92% Sub Total 116,851 129,904 123,755 124,038 124,162 124,847 124,557 124,930 124,992 124,881 124,597 - 1,367,514 1,598,810 86% Organic Resources Yard Waste Drop-Off 28,266 1,215 4,626 12,613 6,400 7,950 6,188 7,371 6,868 6,628 9,951 - 98,076 95,501 103% Mulch/Compost Sales 160 288 4,220 11,504 14,746 11,017 6,896 5,129 2,735 1,133 304 - 58,131 70,070 83% Sub Total 28,426 1,504 8,846 24,117 21,146 18,966 13,084 12,500 9,603 7,761 10,255 - 156,208 165,571 94% City of South Bend Revenue by Type Report Year to Date % Revenue Type Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of Budget Period Ending: November 30, 2022 Charges for Services Animal Resource Center Pet Impound Reclaim Fee 150 305 910 485 470 545 315 630 810 365 285 - 5,270 6,300 84% Pet Adoption Fees 1,422 1,546 2,469 2,504 1,301 1,462 1,350 1,839 2,310 2,003 1,557 - 19,763 25,000 79% Pick Up Fees 80 - - 80 120 40 80 40 155 120 - - 715 500 143% Pet Micro Chipping 160 320 400 400 500 420 420 440 340 300 340 - 4,040 3,600 112% Vet Expenses 75 160 385 341 406 315 220 302 431 113 60 - 2,807 3,100 91% Pet Euthanasia - 20 - - - 60 - - 40 20 20 - 160 100 160% Animal Surrenders 860 640 1,000 1,100 800 1,040 880 1,000 740 1,000 620 - 9,680 8,000 121% Cremation 263 430 770 730 260 1,090 465 430 865 650 1,020 - 6,973 2,200 317% Rabies Specimen Prep 30 60 - 30 60 30 30 150 60 - - - 450 500 90% Boarding - 240 30 60 10 480 - - 15 - - - 835 1,000 84% Sub Total 3,040 3,721 5,964 5,730 3,927 5,482 3,760 4,831 5,766 4,571 3,902 - 50,693 50,300 101% Other DCI Staff Contracts 8,297 9,352 134,589 21,140 30,475 - 76,179 50,805 20,000 102,086 381,857 - 834,779 1,438,326 58% Other Misc Charges for Services - - - - - - - - - - - - - 35,000 0% Parking-Garages 70,942 69,500 79,946 49,726 64,296 76,650 27,306 99,319 75,093 25,079 61,487 - 699,344 913,300 77% Parking-Century Center 12,745 6,720 27,565 12,140 3,655 7,825 3,740 - 6,050 24,530 9,790 - 114,760 100,000 115% Central Services-Internal Customers 651,692 617,253 792,125 764,995 643,214 801,835 793,237 866,628 736,690 723,428 653,459 - 8,044,556 8,166,626 99% Central Services-External Customers 35,872 34,872 32,507 31,021 36,237 29,161 38,443 32,053 45,765 33,217 20,035 - 369,183 469,375 79% Employee & Employer Assessments 1,379,185 1,360,234 1,370,480 1,356,714 1,409,967 1,370,751 1,337,643 1,384,593 1,383,594 1,379,408 1,381,345 - 15,113,914 16,464,886 92% Sub Total 2,158,732 2,097,930 2,437,212 2,235,736 2,187,845 2,286,222 2,276,548 2,433,398 2,267,192 2,287,747 2,507,973 - 25,176,536 27,587,513 91% Total Charges for Services 8,368,546 8,612,097 9,026,496 8,559,210 9,231,128 9,949,524 9,905,136 9,523,554 9,840,700 9,765,937 8,911,634 - 101,693,960 108,966,187 93% Fines, Forfeitures, & Fees General Ordinance Violation - - - - - - - - - - - - - 5,500 0% Bad Checks Fines - - 24 - - - - 48 48 - - - 120 537 22% Court Fees - 1,640 50 - 1,972 - - 1,427 150 - 1,273 - 6,513 10,000 65% Plan Commission Application Fee 2,300 1,250 1,150 975 1,800 1,200 2,000 2,300 2,650 2,800 800 - 19,225 23,250 83% Zoning Appeals Application Fee 650 1,125 1,650 850 650 2,725 725 1,975 1,200 350 10,125 - 22,025 11,250 196% Zoning Admin Fees 1,400 1,200 1,400 1,100 1,500 1,400 1,000 1,700 1,800 1,800 1,850 - 16,150 13,950 116% Zoning Admin Fines - - 100 - - - - 580 - - 240 - 920 - NA Tax Abatement Admin Fees - - 1,935 - - 1,212 250 1,329 - 978 500 - 6,204 10,000 62% Test Filling Fees 450 900 600 900 600 500 500 400 400 200 150 - 5,600 3,950 142% Econ Dev-CDBG Loan Late Fees - - - - - - - - - - - - - - NA Sub Total 4,800 6,115 6,909 3,825 6,522 7,037 4,475 9,759 6,248 6,128 14,938 - 76,757 78,437 98% Code Enforcement Vacant Bldg Registration - 300 - 75 - - - - - - - - 375 12,900 3% Landlord Registration Fee - - - - - - - - - - - - - - NA Rental Unit Safety Fees 750 250 750 850 - - 7,500 12,250 4,750 8,950 5,800 - 41,850 99,900 42% Demolition & Boarding 358 771 301 1,452 300 551 1,665 25,370 314 633 29,319 - 61,031 45,000 136% Collections 698 - 5 598 - - 878 - - 524 5 - 2,708 10,155 27% Environmental Violations 2,952 9,265 5,315 8,016 2,391 6,567 5,456 8,936 4,011 9,794 1,114 - 63,816 165,000 39% Ordinance Violation 2,216 538 205 700 50 3,550 4,120 260 404 125 949 - 13,117 27,500 48% Animal Ordinance Violation 3,564 208 1,210 (2,867) 4,151 225 3,541 2,553 2,108 2,841 69,140 - 86,672 25,000 347% Forfeitures-Civil Penalties - 1,000 - - - - 1,000 57,504 - - - - 59,504 117,500 51% Sub Total 10,539 12,330 7,785 8,823 6,892 10,893 24,159 106,872 11,587 22,868 106,326 - 329,074 502,955 65% Parking Street Parking Fines 2,270 1,770 4,495 4,020 4,250 5,050 3,404 4,906 5,075 5,680 8,347 - 49,266 52,500 94% City of South Bend Revenue by Type Report Year to Date % Revenue Type Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of Budget Period Ending: November 30, 2022 Fines, Forfeitures, & Fees Public Safety False Alarms Fine 16,638 8,585 5,123 5,074 2,800 6,784 6,143 9,854 5,610 7,827 8,568 - 83,006 80,000 104% Noise Ordinance 103 170 179 170 - 200 210 1,750 353 438 150 - 3,723 1,000 372% Curfew Violation - - - - - 171 49 - - - - - 220 200 110% Impound Towing Fees 715 828 697 580 433 930 720 900 480 1,100 660 - 8,043 10,000 80% Sub Total 17,456 9,583 6,000 5,824 3,233 8,084 7,122 12,504 6,443 9,365 9,378 - 94,992 91,200 104% Total Fines, Forfeitures, & Fees 35,065 29,799 25,189 22,492 20,897 31,064 39,160 134,041 29,353 44,041 138,990 - 550,090 725,092 76% Other Income Miscellaneous Revenue Miscellaneous Revenue 746 76,520 6,636 12,847 24,711 19,353 4,446 2,273 21,510 10,954 97,044 - 277,040 543,720 51% Sale of Scrap Metal - 2,082 1,773 1,542 7,971 - 6,446 1,472 3,222 104 81 - 24,692 21,185 117% Bond Interest Rebate - - - 18,406 - - - - 39,772 - - - 58,178 80,242 73% Origination Fees 4,840 31,243 - - - - - - 13,176 8,600 4,169 - 62,028 43,083 144% Loan Servicing Fees 7,000 - 975 - 10,597 10,704 - - 2,468 8,420 1,331 - 41,494 15,975 260% Sub Total 12,586 109,844 9,383 32,794 43,278 30,057 10,892 3,745 80,148 28,078 102,626 - 463,431 704,205 66% Bank Account Interest 194,087 65,944 93,291 87,024 104,554 379,237 210,288 949,408 826,802 848,231 638,581 - 4,397,448 1,814,771 242% Rental of Property 5,416 14,663 10,932 1,947 12,685 16,611 13,078 700 11,432 15,361 400 - 103,223 121,387 85% Donations 584,444 183,567 92,351 808 68,476 519,435 2,410 690 2,038,845 3,175 10,856 - 3,505,056 3,926,988 89% 3rd Party Revenue Cable TV Franchise Fees - 163,168 - - 166,031 - 29,348 163,410 - - 28,484 - 550,441 700,000 79% Video Franchise Fees - 32,549 - - 30,792 - - - - - - - 63,341 135,000 47% Sub Total - 195,718 - - 196,823 - 29,348 163,410 - - 28,484 - 613,782 835,000 74% Total Other Income 796,533 569,737 205,957 122,572 425,816 945,340 266,016 1,117,953 2,957,226 894,845 780,947 - 9,082,941 7,402,351 123% Reimbursements Miscellaneous Reimbursements 5,303 131,228 63,936 18,650 7,818 42,081 (51,914) 231 574 2,040 2,192 - 222,139 223,365 99% Insurance Claim - - - - - 146 - - - - - - 146 20,146 1% IT Services 5,377 5,377 5,377 5,377 5,377 5,377 5,377 5,377 5,377 5,377 792 - 54,563 64,525 85% Travel Reimbursement - - - - - - - - - - - - - 200 0% Lamppost Program - - - - - 200 2,850 5,950 - - - - 9,000 8,000 113% Energy Rebates - - - 83,452 - - - - - - - - 83,452 84,607 99% Repair Reimbursement - 75 75 150 - 5 75 150 75 75 - - 680 20,000 3% Salary/Overtime Reimb 6,230 8,645 12,188 3,117 8,302 13,122 22,931 3,790 3,604 3,309 56,622 - 141,859 387,000 37% Diesel Tax Rebate - - - - - 19,590 - - - - - - 19,590 50,000 39% Pharmacy Rebates 133,067 198,064 20,416 70,512 13,650 30,910 126,371 32,217 32,984 114,642 42,989 - 815,823 475,000 172% Beck's Lake Reimbursement - - - - - 28,418 - - - - - - 28,418 28,418 100% Morris Advertising Reimbursement - - 600 300 - 1,000 - - - - - - 1,900 2,000 95% Sub Total 149,977 343,389 102,591 181,557 35,147 140,848 105,690 47,715 42,613 125,444 102,595 - 1,377,567 1,363,261 101% Departmental Reimbursements - - 4,916 - - - - - - - - - 4,916 245,441 2% Total Reimbursements 149,977 343,389 107,508 181,557 35,147 140,848 105,690 47,715 42,613 125,444 102,595 - 1,382,483 1,608,702 86% Other Sources Interfund Transfers & Fixed Cost Allocations Interfund Transfers In 8,902,932 2,862,538 4,535,535 3,654,964 3,067,814 3,080,626 8,657,573 2,897,218 3,342,110 2,991,267 31,390 - 44,023,968 52,531,767 84% PILOT 3,039,663 - - - - - 3,039,663 - - - - - 6,079,325 6,079,325 100% Administration Cost Allocation 752,500 752,500 752,500 752,500 752,500 752,500 752,500 752,500 752,500 752,500 - - 7,525,000 9,030,000 83% IT Cost Allocation 801,684 801,684 801,684 801,684 801,684 801,684 801,684 801,684 801,684 801,684 - - 8,016,837 9,620,204 83% Liability Insurance Allocation 280,417 280,417 280,417 280,417 280,417 280,417 280,417 280,417 280,417 280,417 - - 2,804,167 3,365,000 83% Payroll Cost Allocation 216,811 216,811 216,811 216,811 216,811 196,138 203,592 203,592 203,592 203,592 - - 2,094,560 2,601,735 81% Facilities Management Allocation 13,333 13,333 13,333 13,333 13,333 13,333 13,333 13,333 13,333 13,333 - - 133,333 160,000 83% Utility Customer Service Mgmt Allocation 109,977 109,977 109,977 109,977 109,977 109,977 109,977 109,977 109,977 109,977 - - 1,099,772 1,319,726 83% Sub Total 14,117,317 5,037,260 6,710,258 5,829,686 5,242,536 5,234,674 13,858,738 5,058,721 5,503,613 5,152,770 31,390 - 71,776,962 84,707,757 85% City of South Bend Revenue by Type Report Year to Date % Revenue Type Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of Budget Period Ending: November 30, 2022 Other Sources Sale of Assets Sale of Capital Assets - - - - - - - - 145,406 - - - 145,406 - NA Sale of Non-Capital Assets - - 23,500 - - - - - 87,184 - - - 110,684 23,500 471% Sale of Property 17,925 - - 4,156 - - - - - 3,581 - - 25,662 - NA Other Damage Reimbursement - - - - - - - - - - - - - - NA Vehicle Damage Reimbursement - - - - - - - - - - - - - - NA Hydrant Damage Reimbursement - - - - - - - - - - - - - 500 0% Sub Total 17,925 - 23,500 4,156 - - - - 232,590 3,581 - - 281,752 24,000 1174% 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 Refunds 240,646 287 1,188 10,760 6,203 12,103 18,305 48 2,180 1,737 815 - 294,274 217,197 135% Specific Stop Loss 234 3,927 - - - - - 23,820 (18,815) 5,742 3,686 - 18,595 10,000 186% Utility Receipts Tax Refund - - - 10,160 - - - - - - - - 10,160 10,160 100% Sub Total 240,880 4,213 1,188 20,920 6,203 12,103 18,305 23,868 (16,635) 7,480 4,501 - 323,029 237,357 136% Other Sale of Property Held for Resale - - - - - - - - - - - - - - NA Interfund Loan - Principal Income 6,000 220,397 - 6,000 - - 6,000 225,126 - - - - 463,523 469,523 99% Interfund Loan - Interest Income - 26,267 - - - - - 21,538 - - - - 47,805 47,805 100% Other Loan - Principal Income 26,498 10,533 97,475 50,764 26,916 20,387 33,011 330,690 123 142,971 50,049 - 789,417 423,171 187% Other Loan - Interest Income 13,593 23,271 23,876 - 23,782 17,948 23,467 6,524 31,110 52,232 36,380 - 252,183 174,718 144% Sub Total 46,091 280,467 121,351 56,764 50,698 38,335 62,477 583,878 31,233 195,203 86,429 - 1,552,928 1,115,217 139% Total Other Sources 14,422,213 5,321,940 19,249,987 6,077,870 5,299,437 13,327,346 13,939,521 5,666,467 5,750,801 5,359,034 122,321 - 94,536,937 107,686,599 88% Revenue Total 29,076,752 18,989,788 34,825,209 19,409,280 21,316,752 113,907,997 29,145,488 20,859,038 28,585,141 20,045,767 14,121,156 - 350,282,368 420,784,725 83% City of South Bend Expenditures by Activity Year to Date Amended %Division Fund Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of Budget General Fund General Government Mayor 101 75,328 83,108 85,770 112,241 74,701 79,626 83,271 90,901 111,951 80,849 71,341 - 949,085 1,048,915 90% Community Initiatives 101 28,850 228,309 78,411 84,036 178,404 42,430 93,657 30,367 106,007 39,449 29,112 - 939,032 1,526,626 62% Community Police Review Office 101 - - - - - - - - - - - - - 103,199 0% Clerk 101 46,576 41,333 42,787 68,038 35,549 42,164 43,035 48,572 74,713 43,784 33,691 - 520,242 694,547 75% Common Council 101 32,144 37,173 37,057 35,523 51,569 41,332 52,251 56,992 37,142 63,024 40,821 - 485,029 724,941 67% General City 101 67,500 8,329 1,154,152 41,001 292,627 126,036 57,545 1,037,973 1,104,765 2,757,637 1,054,296 - 7,701,860 39,486,328 20% Controller' Office 101 139,766 151,078 143,775 305,549 142,962 237,262 149,839 158,045 207,678 152,700 141,940 - 1,930,592 2,592,304 74% Human Resources 101 43,818 44,184 51,536 53,960 34,563 44,474 55,101 50,632 74,408 51,105 43,783 - 547,564 934,327 59% Diversity & Inclusion 101 38,739 36,167 38,464 41,421 45,452 32,920 15,653 58,423 21,494 16,669 59,901 - 405,303 740,743 55% Human Rights 101 31,753 32,791 28,191 38,866 31,632 24,868 23,190 41,939 38,813 26,090 22,452 - 340,584 462,479 74% Legal 101 101,032 110,529 106,648 150,076 115,841 119,100 123,459 127,007 151,713 109,538 103,941 - 1,318,884 1,695,716 78% Sub Total 605,508 773,000 1,766,790 930,711 1,003,299 790,211 697,001 1,700,850 1,928,684 3,340,845 1,601,276 - 15,138,174 50,010,125 30% Public Works Engineering 101 229,205 230,682 222,892 299,976 231,648 238,206 231,981 252,710 297,742 220,550 213,283 - 2,668,873 3,582,616 74% Sub Total 229,205 230,682 222,892 299,976 231,648 238,206 231,981 252,710 297,742 220,550 213,283 - 2,668,873 3,582,616 74% Public Safety Police 101 2,437,107 2,264,379 2,350,301 2,936,898 2,263,068 2,450,506 2,377,981 2,381,426 3,176,916 2,770,748 2,462,913 - 27,872,243 31,263,638 89% Crime Lab 101 48,512 52,110 50,720 70,598 47,686 46,419 53,877 62,230 87,679 66,189 48,660 - 634,679 869,889 73% Fire 101 2,089,089 2,075,047 2,148,267 2,791,929 2,140,674 2,112,918 2,061,564 2,241,956 2,752,674 2,400,031 2,251,775 - 25,065,925 26,677,690 94% EMS 101 56,097 64,095 52,178 65,731 31,047 51,891 33,319 63,734 79,305 28,194 48,707 - 574,298 708,828 81% Fire Training Center 101 3,535 5,188 4,907 9,783 5,697 6,674 2,683 3,386 2,520 2,386 3,121 - 49,878 53,730 93% Sub Total 4,634,340 4,460,818 4,606,374 5,874,938 4,488,172 4,668,407 4,529,424 4,752,733 6,099,093 5,267,548 4,815,175 - 54,197,023 59,573,774 91% Community Investment Sustainability 101 1,808 546 864 6,877 - 50,000 6,000 - 942 - - - 67,037 101,458 66% Sub Total 1,808 546 864 6,877 - 50,000 6,000 - 942 - - - 67,037 101,458 66% Arts & Culture Morris Performing Arts Center 101 606,600 6,248 18,653 1,332 1,332 500 500 - 2,676 500 4,992 - 643,333 656,962 98% Palais Royale Ballroom 101 18,879 15,936 22,663 14,606 17,856 12,980 11,603 10,811 10,343 14,890 15,415 - 165,983 229,403 72% Sub Total 625,479 22,184 41,316 15,938 19,188 13,480 12,103 10,811 13,019 15,390 20,407 - 809,316 886,365 91% Total General Fund 6,096,339 5,487,230 6,638,236 7,128,441 5,742,307 5,760,304 5,476,509 6,717,104 8,339,480 8,844,333 6,650,141 - 72,880,424 114,154,337 64% Venues, Parks & Arts Parks & Recreation Park Administration 201 84,642 86,965 89,965 110,763 89,854 67,166 84,488 90,873 100,775 79,717 44,059 - 929,268 1,133,336 82% Park Maintenance 201 606,620 558,304 565,318 662,295 522,144 710,069 904,011 772,862 997,978 557,553 514,640 - 7,371,796 9,202,281 80% Golf Courses 201 94,822 83,034 118,212 213,841 239,335 175,201 216,929 199,389 229,308 158,391 107,423 - 1,835,884 1,856,271 99% Recreational Experiences 201 281,368 187,364 209,056 230,371 (30,817) 239,566 246,054 241,210 256,987 62,982 183,904 - 2,108,046 2,480,739 85% Community Programming 201 19,885 16,938 19,915 18,438 461,164 98,794 100,231 103,762 19,771 203,880 41,779 - 1,104,557 1,627,786 68% Development & Promotions 201 107,817 49,551 65,886 87,779 77,460 107,271 72,791 83,089 128,590 106,219 102,425 - 988,879 1,119,622 88% Park Projects & Capital 201 46,375 41,431 9,639 80,550 34,374 105,297 - 20,817 14,149 85,387 47,711 - 485,729 1,696,920 29% Potawatomi Zoo 201 350,150 150 150 150 350,150 150 150 150 150 150 - - 701,503 701,803 100% Park Debt 201 - 4,400 - - - - - - - - - - 4,400 5,000 88% Morris Palais Marketing 273 74,852 - - - - - - - - - - - 74,852 100,000 75% Morris PAC Self-Promotion 274 264,160 - - - - - - - - - - - 264,160 410,000 64% Coveleski Stadium Capital 401 - 6,962 - - 2,017 450 4,504 - 3,005 847 - - 17,784 25,715 69% Professional Sports Convention Dev. Area 413 - 664,810 263,005 63,210 11,408 7,605 3,803 25,000 61,977 15,000 2,033 - 1,117,850 3,917,170 29% Morris PAC Improvement 416 17,030 - 416,519 37,250 23,525 185,794 1,197,655 157,163 702,146 1,876,791 2,281,494 - 6,895,366 8,475,984 81% Palais Historic Preservation 450 - - - - - - - - - - - - - 35,000 0% Morris Performing Arts Center Operations 602 97,320 96,327 107,667 119,650 64,730 71,628 73,745 84,515 106,541 117,460 83,714 - 1,023,295 1,683,579 61% Sub Total 2,045,042 1,796,235 1,865,332 1,624,298 1,845,343 1,768,991 2,904,361 1,778,831 2,621,379 3,264,376 3,409,181 - 24,923,369 34,471,207 72% Parking Garages Parking Enforcement 601 62 62 162 182 62 (279) 62 92 31 72 (20) - 484 1,038 47% Parking General Operations 601 66,240 29,086 39,179 32,988 27,535 14,525 23,892 28,725 52,434 29,998 29,431 - 374,033 579,121 65% Main Street Garage 601 6,862 46,676 11,475 2,541 53,830 6,196 6,498 4,823 6,356 23,284 6,079 - 174,619 309,407 56% Leighton Plaza Garage 601 8,705 45,413 13,786 6,454 47,656 5,716 6,343 6,055 3,078 6,564 9,159 - 158,930 271,422 59% Wayne Street Garage 601 4,888 45,943 8,929 5,910 45,004 7,147 5,272 3,371 1,836 4,783 4,545 - 137,628 252,507 55% Sub Total 86,757 167,179 73,529 48,074 174,087 33,306 42,066 43,066 63,734 64,701 49,194 - 845,694 1,413,495 60% Period Ending: November 30, 2022 City of South Bend Expenditures by Activity Year to Date Amended %Division Fund Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of Budget Period Ending: November 30, 2022 Century Center Century Center Operations 670 227,604 299,954 342,643 367,940 304,774 316,147 262,360 90,481 382,690 777,008 305,198 - 3,676,799 4,094,958 90% Century Center Capital 671 - - - - - - - - - - - - - 35,000 0% Century Center Energy Saving 672 - - - 200,952 - - - - - 201,415 - - 402,367 402,368 100% Sub Total 227,604 299,954 342,643 568,892 304,774 316,147 262,360 90,481 382,690 978,423 305,198 - 4,079,166 4,532,326 90% Total Venues, Parks & Arts 2,359,402 2,263,369 2,281,504 2,241,264 2,324,204 2,118,444 3,208,786 1,912,377 3,067,803 4,307,500 3,763,573 - 29,848,228 40,417,028 74% Public Safety Police Department Police Seizures 216 - - - - - - - - - - - - - 44,500 0% Curfew Violations 218 13,888 - - - - - 171 - - - - - 14,059 18,799 75% Law Enforcement Education 220 37,418 62,683 66,514 50,473 35,028 125,512 27,409 48,549 26,679 8,387 22,904 - 511,556 548,568 93% Public Safety Local Income Tax - Police 249 488,040 488,040 488,040 732,060 488,040 488,040 488,040 488,040 732,060 244,020 - - 5,124,420 6,344,523 81% Police Take Home Vehicle 278 - - - - - - - - - - - - - 50,000 0% Police Block Grant 280 4,165 - - - - - - - - - - - 4,165 4,338 96% Police Grants 292 26,716 - - - - - - - - - - - 26,716 26,716 100% Police Academy 294 146,411 - - - - - - - - - - - 146,411 175,000 84% COPS MORE Grants 295 24,566 - - - - - - - - - - - 24,566 145,808 17% Drug Enforcement 299 - - - - 9,692 24,453 9,999 - - 15,835 - - 59,979 78,500 76% K-9 Unit 705 2,436 - - - - - - - - - - - 2,436 2,520 97% Sub Total 743,640 550,723 554,554 782,533 532,760 638,004 525,619 536,589 758,739 268,242 22,904 - 5,914,308 7,439,273 80% Fire Department Public Safety Local Income Tax - Fire 249 488,040 488,040 488,040 732,060 488,040 488,040 488,040 488,040 732,060 244,020 - - 5,124,420 6,344,524 81% Fire Department Capital 287 567,083 - - - 807,991 - 709,583 - 31,000 - 167,231 - 2,282,888 6,798,339 34% Haz-Mat 289 - - - - - - - 200 - - - - 200 10,000 2% Indiana River Rescue 291 6,946 22,300 7,181 3,339 14,005 10,816 15,278 13 2,791 1,306 - - 83,975 109,359 77% Sub Total 1,062,069 510,340 495,221 735,399 1,310,036 498,856 1,212,901 488,253 765,851 245,326 167,231 - 7,491,483 13,262,222 56% Total Public Safety 1,805,709 1,061,063 1,049,776 1,517,931 1,842,796 1,136,860 1,738,520 1,024,841 1,524,590 513,568 190,136 - 13,405,790 20,701,495 65% Public Works Streets Motor Vehicle Highway 202 1,398,252 764,390 781,157 955,629 616,439 344,763 914,864 452,597 423,379 597,968 727,335 - 7,976,772 11,855,851 67% Local Road & Street 251 20,092 2,268 110,904 458,466 209,220 88,393 104,405 61,444 713,869 15,013 86,037 - 1,870,111 3,656,900 51% LOIT 2016 Special Distribution 257 - - - - - - - - - - - - - 56,950 0% Local Road & Bridge Grant 265 - 197,847 - 12,698 130,582 98,617 - 137,189 17,818 - - - 594,751 2,923,443 20% MVH Restricted Fund 266 37,790 7,307 478,294 27,213 92,024 728,220 574,436 907,452 312,274 495,887 93,075 - 3,753,972 5,545,613 68% Major Moves 412 - 867 43,822 - - 17,712 - 81,558 358,796 - 545,148 - 1,047,902 1,789,238 59% Project ReLeaf 655 38,751 29,271 65,638 29,323 29,536 29,423 29,278 29,472 29,428 30,817 17,806 - 358,744 449,708 80% Sub Total 1,494,885 1,001,950 1,479,815 1,483,328 1,077,802 1,307,128 1,622,982 1,669,712 1,855,564 1,139,685 1,469,401 - 15,602,252 26,277,703 59% Solid Waste Solid Waste Operations 610 655,522 626,031 1,153,359 689,386 593,493 657,211 862,205 605,343 653,432 466,645 397,841 - 7,360,466 7,106,763 104% Solid Waste Capital 611 203,562 - 758,270 76,259 128,665 - 368,254 - - 76,259 128,665 - 1,739,934 3,463,022 50% Sub Total 859,084 626,031 1,911,629 765,645 722,159 657,211 1,230,459 605,343 653,432 542,904 526,507 - 9,100,401 10,569,785 86% Water Works Water Works Operations 620 2,704,987 1,726,045 2,459,159 1,833,043 1,445,993 1,748,993 2,780,278 1,738,069 1,828,783 1,632,042 945,925 - 20,843,316 25,313,606 82% Water Works Capital 622 76,443 54,469 116,951 54,685 257,304 13,600 334,920 38,196 359,313 327,301 776,208 - 2,409,390 12,735,287 19% Water Works Sinking (Debt Service)625 - 500 - - - 194,623 - 600 - - - - 195,723 2,662,430 7% Sub Total 2,781,430 1,781,014 2,576,110 1,887,727 1,703,298 1,957,216 3,115,197 1,776,865 2,188,096 1,959,344 1,722,133 - 23,448,429 40,711,323 58% Wastewater/Sewer/Organic Resources Sewer Repair Insurance 640 53,257 53,984 139,898 72,885 72,678 77,477 37,971 98,568 74,120 49,455 30,044 - 760,337 993,069 77% Sewer Division 641 542,054 435,590 1,970,000 489,545 439,521 440,074 481,262 466,920 807,399 734,854 334,111 - 7,141,329 7,983,494 89% Concrete Crew 641 46,554 43,557 38,540 47,380 46,674 38,089 36,441 44,690 42,846 50,295 28,608 - 463,674 563,540 82% Wastewater Operations 641 4,632,060 2,192,494 2,272,603 2,408,207 2,253,710 2,410,609 4,475,990 2,272,056 2,441,873 2,300,615 560,222 - 28,220,437 36,261,425 78% Organic Resources 641 165,677 74,217 100,962 140,757 83,538 125,490 158,487 178,527 102,597 128,263 159,752 - 1,418,268 1,703,040 83% Sewage Works Capital 642 - - 726,313 1,441,592 21,374 8,786 121,909 255,282 308,319 21,817 392,676 - 3,298,067 14,614,348 23% Sewage Works Sinking (Debt Service)649 1,100 - 28,000 750 603,846 - - - 795 - 6,878,882 - 7,513,373 11,107,089 68% Sub Total 5,440,702 2,799,843 5,276,316 4,601,115 3,521,341 3,100,524 5,312,060 3,316,042 3,777,948 3,285,298 8,384,296 - 48,815,484 73,226,004 67% City of South Bend Expenditures by Activity Year to Date Amended %Division Fund Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of Budget Period Ending: November 30, 2022 Storm Water Fees Storm Sewer Fund 667 2,385 10,083 86,430 878 108,249 117,215 89,427 71,912 353,496 505,396 11,098 - 1,356,570 2,271,456 60% Sub Total 2,385 10,083 86,430 878 108,249 117,215 89,427 71,912 353,496 505,396 11,098 - 1,356,570 2,271,456 60% Total Public Works 10,578,486 6,218,919 11,330,299 8,738,694 7,132,848 7,139,294 11,370,124 7,439,874 8,828,536 7,432,627 12,113,435 - 98,323,136 153,056,271 64% Department of Community Investment Studebaker/Oliver Revitalizing Grant 209 - - 2,717 2,064 150 2,258 - - 763 183 33,487 - 41,621 262,443 16% Economic Development State Grants 210 - 5,649 4,332 82,625 30,449 57,620 7,005 (55,705) 11,975 76,686 - - 220,637 604,236 37% DCI Operating 211 254,919 275,336 284,453 424,061 319,298 283,392 312,636 362,723 415,839 304,679 275,301 - 3,512,638 5,759,541 61% DCI Grants 212 74,337 82,586 194,358 238,384 111,485 269,112 130,622 141,620 422,046 72,999 561,881 - 2,299,431 12,791,925 18% Unsafe Building 219 700 1,510 - 3,440 1,470 - 600 3,270 - 5,920 - - 16,910 23,000 74% Rental Units Regulation 221 10,065 11,650 9,127 7,930 4,566 5,362 4,888 4,891 6,748 4,885 4,885 - 74,998 450,794 17% Neighborhood Services & Enforcement 230 234,472 186,104 198,925 239,355 194,183 165,482 464,678 209,002 306,495 185,221 147,818 - 2,531,736 3,914,676 65% Animal Resource Center 230 67,272 68,101 76,129 107,834 72,720 72,413 83,481 70,623 100,075 69,377 62,501 - 850,526 1,214,759 70% UDAG 410 6,000 - - 6,000 - - 6,000 - - - - - 18,000 356,253 5% Building Dept Operations 600 173,560 143,680 146,873 185,990 147,383 143,107 158,223 154,451 180,193 149,711 109,769 - 1,692,941 2,046,854 83% Industrial Revolving Fund 754 123,432 2,272,544 441,050 75,093 621,545 62,283 841,830 30,308 (881,611) 9,796 1,979 - 3,598,247 4,918,709 73% Total Dept of Community Investment 944,756 3,047,161 1,357,964 1,372,777 1,503,250 1,061,029 2,009,964 921,182 562,522 879,457 1,197,622 - 14,857,683 32,343,188 46% Capital & Debt Service Funds 2017 Park Bond Debt Service 312 572,683 - - - - - 596,683 - - - - - 1,169,365 1,169,368 100% 2018 Fire Station #9 Debt Service 350 172,866 - - - - - 171,291 - - - - - 344,156 344,157 100% Local Income Tax - Certified Shares 404 1,470,173 1,635,497 801,893 688,487 1,221,008 1,397,020 2,215,614 1,187,350 825,946 654,353 937,370 - 13,034,712 17,596,408 74% Cumulative Capital Development 406 40,076 11,974 11,974 60,515 119,235 11,974 40,077 11,974 11,974 60,515 107,261 - 487,547 512,428 95% Cumulative Capital Improvement 407 19,946 19,945 19,945 25,947 19,945 25,945 20,446 20,745 20,465 21,625 230,612 - 445,567 489,341 91% Local Income Tax - Economic Develop.408 889,690 734,084 1,029,366 797,333 779,490 1,044,863 1,351,156 813,985 606,570 3,350,422 1,755,293 - 13,152,252 29,944,678 44% 2018 Fire Station #9 Bond Capital 451 - - - - - - - - - - - - - - NA 2022 Zoo Bond Capital 453 - - 318,188 - - - - 133,460 94,188 106,970 153,408 - 806,213 5,891,800 14% 2021 Infrastructure Bond Capital 455 - 33,466 170,828 79,445 768,998 158,391 - 3,600 142,332 13,500 179,807 - 1,550,366 3,815,260 41% 2017 Park Bond Capital 471 - 111,492 68,518 35,501 44,948 63,959 108,332 356,012 567,130 139,894 112,922 - 1,608,708 4,264,527 38% Equipment / Vehicle Leasing 750 - - 347,697 - - - - - - - - - 347,697 347,697 100% Redevelopment Authority Debt Service 752 - 1,231,178 - - 365,763 - - 1,421,724 1,350 - 20,663 - 3,040,677 3,044,328 100% South Bend Building Corporation 755 - 1,388,778 - - - - - 1,358,239 - 1,350 1,350 - 2,749,716 2,751,956 100% 2015 Smart Streets Bond Debt Service 756 - 853,784 - 1,650 - - - 855,909 - - - - 1,711,344 1,711,694 100% 2015 Park Bond Debt Service 757 - 187,141 - - - - - 185,416 - - - - 372,556 372,557 100% 2017 Eddy St. Commons Bond Capital 759 - - - - - - - - - - - - - - NA 2017 Eddy St. Commons Bond Debt 760 - 962,625 - - - - - 963,750 - - - - 1,926,375 1,926,375 100% Total Capital & Debt Service 3,165,433 7,169,965 2,768,409 1,688,878 3,319,386 2,702,153 4,503,598 7,312,164 2,269,954 4,348,629 3,498,685 - 42,747,254 74,182,574 58% Internal Service Funds Central Services Equipment Services 222 763,846 748,148 701,554 935,944 695,495 884,730 658,318 977,172 827,748 744,963 528,733 - 8,466,651 7,945,303 107% Radio Shop 222 15,590 14,629 14,783 19,617 14,714 15,217 14,652 14,664 19,645 14,815 13,629 - 171,957 283,073 61% Building Maintenance 222 12,506 11,754 7,862 5,180 6,163 17,217 18,402 17,227 23,024 17,147 17,153 - 153,635 221,091 69% Facilities Management 222 14,890 6,925 6,557 6,557 6,557 14,019 14,019 14,019 17,128 14,010 7,454 - 122,135 181,838 67% Central Services Capital 222 - 2,256 - 26,750 22,400 - - 4,770 - - - - 56,176 242,425 23% Subtotal 806,831 783,711 730,755 994,048 745,329 931,183 705,392 1,027,852 887,545 790,936 566,969 - 8,970,553 8,873,729 101% Liability Insurance Business Insurance 226 38,439 24,555 - 597 8,979 35,516 1,038,175 29,323 1,367 181,343 179,465 - 1,537,760 1,431,000 107% Liability Insurance 226 4,030 13,597 52,521 23,093 18,973 66,683 20,304 112,480 1,246,155 208,894 108,765 - 1,875,496 3,700,754 51% Workers Compensation 226 218,111 1,581 253,259 (79,565) 12,250 903 182,831 157,289 113,342 57,125 80,931 - 998,056 1,268,000 79% Catastrophic Events 226 364 115 - - - - - - - - - - 479 103,324 0% Subtotal 260,944 39,848 305,780 (55,875) 40,201 103,102 1,241,310 299,092 1,360,864 447,362 369,161 - 4,411,791 6,503,078 68% IT / Innovation /311 Call Center 279 796,631 859,083 942,872 588,074 830,736 569,592 886,722 726,880 1,006,041 578,985 564,235 - 8,349,852 11,054,062 76% Self-Funded Employee Benefits 711 1,355,367 1,263,751 1,489,383 1,246,889 1,114,825 1,691,892 1,294,547 1,777,308 1,290,971 1,365,366 1,383,709 - 15,274,008 18,399,864 83% Unemployment Compensation 713 611 1,625 5,072 683 15,403 1,798 1,300 25 - (2,074) - - 24,444 80,000 31% Parental Leave 714 6,041 9,818 7,200 6,645 4,664 2,647 7,124 18,756 1,652 3,304 6,390 - 74,240 253,846 29% Total Internal Service Funds 3,226,425 2,957,837 3,481,062 2,780,464 2,751,159 3,300,214 4,136,395 3,849,913 4,547,074 3,183,880 2,890,464 - 37,104,887 45,164,579 82% City of South Bend Expenditures by Activity Year to Date Amended %Division Fund Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Budget of Budget Period Ending: November 30, 2022 Other Miscellaneous Gift, Donation, Bequest 217 16,100 51,404 16,192 26,520 12,895 21,740 26,657 11,564 24,337 28,004 16,519 - 251,930 740,289 34% Loss Recovery 227 - - - - - - - - - - - - - - NA Human Rights Federal Grants 258 14,958 15,083 19,199 20,837 14,972 20,774 19,588 19,295 30,458 4,953 (1,812) - 178,304 248,783 72% American Rescue Plan 263 1,859,986 28,704 5,240 65,650 68,700 44,550 - 121,510 - - 118,361 - 2,312,701 60,089,134 4% COVID-19 Response 264 57,024 41,280 72,156 26,081 24,700 80,693 29,170 37,893 52,661 44,024 6,397 - 472,081 1,166,853 40% Sub Total 1,948,068 136,471 112,787 139,088 121,267 167,757 75,415 190,261 107,456 76,981 139,465 - 3,215,017 62,245,059 5% Fiduciary Funds Fire Pension 701 344,630 342,637 340,526 340,863 348,534 338,342 348,205 342,273 354,631 350,615 334,654 - 3,785,909 4,591,888 82% Police Pension 702 504,789 504,920 502,540 502,830 489,753 497,709 498,526 492,032 492,403 489,653 500,668 - 5,475,824 6,057,740 90% Sub Total 849,419 847,558 843,066 843,693 838,287 836,050 846,731 834,306 847,034 840,268 835,321 - 9,261,733 10,649,628 87% Total Other 2,797,487 984,029 955,854 982,781 959,554 1,003,808 922,146 1,024,567 954,490 917,249 974,786 - 12,476,750 72,894,687 17% Total Civil City 30,974,038 29,189,572 29,863,104 26,451,229 25,575,504 24,222,105 33,366,041 30,202,024 30,094,449 30,427,243 31,278,841 - 321,644,152 552,914,158 58% Redevelopment Commission Controlled Funds Tax Increment Financing Funds TIF River West Development Area 324 4,399,775 339,849 624,965 283,199 725,987 711,470 4,535,785 922,057 576,523 1,765,976 814,359 - 15,699,947 29,272,725 54% TIF West Washington 422 - - - - - - - 44,448 - - 61,242 - 105,690 228,561 46% TIF River East Development Area 429 27,053 83,420 118,016 17,856 3,000 353,022 3,600 95,507 225,180 168,163 65,236 - 1,160,054 9,417,026 12% TIF Southside Development #1 430 51,507 1,494 6,950 2,351 509,917 359,835 143,257 180,197 179,591 13,724 519,770 - 1,968,593 10,198,505 19% TIF Douglas Road 435 178,553 - - - 1,308 - 30,594 - - - - - 210,455 284,630 74% TIF River East Residential Area 436 2,195,625 246,664 - - - 1,500 2,200,750 246,664 1,500 10,000 - - 4,902,703 4,921,704 100% Sub Total 6,852,513 671,427 749,932 303,406 1,240,212 1,425,827 6,913,986 1,488,873 982,795 1,957,864 1,460,607 - 24,047,441 54,323,151 44% Redevelopment Funds Redevelopment General 433 110,000 3,675 1,750 1,750 41,667 86,900 541,400 - 1,750 3,025 - - 791,917 1,391,283 57% Certified Technology Park 439 - - - - - - - - - - - - - - NA 2018 TIF Park Bond Capital 452 - - - - - 15,662 7,546 - - - - - 23,208 2,389,024 1% Airport Urban Enterprise Zone 454 - - - - - - - - - - - - - - NA Sub Total 110,000 3,675 1,750 1,750 41,667 102,562 548,946 - 1,750 3,025 - - 815,125 3,780,307 22% Debt Service Funds 2019 South Shore Double Tracking Res.352 - 516,625 - - - - - 513,125 - - - - 1,029,750 1,029,750 100% 2020 TIF Library Bond Debt Reserve 353 - 8 - - - - - 8 - - - - 16 - NA Sub Total - 516,633 - - - - - 513,133 - - - - 1,029,766 1,029,750 100% Total Redevelopment Funds 6,962,513 1,191,735 751,682 305,156 1,281,879 1,528,389 7,462,932 2,002,006 984,545 1,960,889 1,460,607 - 25,892,332 59,133,208 44% Total Expenditures 37,936,551 30,381,307 30,614,786 26,756,386 26,857,383 25,750,494 40,828,973 32,204,030 31,078,993 32,388,131 32,739,448 - 347,536,484 612,047,366 57% Civil City Debt Capital Leases 158 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 17 2018 N/A 2022 279 Monthly 9,092 1,481 - 1,481 21 1,502 - 171 2018 Vehicle/Equip Lease #1 (PNC) Sched 1 2018 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 & 2 2018 N/A 2023 279 Monthly 297,967 103,126 - 63,768 3,708 67,476 39,358 174 2018 HP Computer Lease 18 2018 N/A 2022 279 Monthly 214,471 49,194 - 49,194 1,181 50,375 - 177 2018 Vehicle/Equip Lease #2 2018 N/A 2023 Various Biannual 522,878 217,002 - 106,781 6,089 112,870 110,221 178 2018 Fitness Equipment Lease 2018 N/A 2023 201 Annual 205,473 84,925 - 41,164 5,359 46,522 43,761 180 2018 HP Computer Lease 19 2018 N/A 2023 279 Monthly 36,860 11,894 - 11,894 377 12,272 - 181 2019 Dell Computer Equipment Lease 2019 N/A 2022 279 Biannual 7,984 1,704 - 1,704 123 1,827 - 182 2019 Vehicle/Equip Lease #1 2019 N/A 2024 Various Biannual 1,472,985 755,651 - 297,131 15,545 312,676 458,520 183 2018 Golf Cart Lease 2018 N/A 2022 201 Annual 146,287 32,180 - 32,180 1,609 33,789 - 184 2019 Dell Computer Equipment Lease 2 2019 N/A 2023 279 Annual 51,468 21,695 - 10,654 788 11,442 11,041 185 2019 AT&T Lease 5 2019 N/A 2022 279 Monthly 17,310 1,543 - 1,543 13 1,556 - 186 2019 Golf Cart Lease 2019 N/A 2023 201 Annual 168,970 72,569 - 35,399 3,628 39,028 37,169 187 2018 HP Computer Lease 21 2019 N/A 2023 279 Monthly 237,388 123,173 - 54,540 4,905 59,445 68,633 188 2019 AT&T Lease 6 2019 N/A 2022 279 Monthly 8,755 1,295 - 1,295 16 1,311 - 189 2019 AT&T Lease 7 2019 N/A 2022 279 Monthly 5,400 799 - 799 10 809 - 190 2019 Canon Copier Lease 3 2019 N/A 2023 279 Monthly 5,584 2,350 - 1,255 89 1,344 1,095 191 2019 Canon Copier Lease 4 2019 N/A 2023 279 Monthly 3,514 1,422 - 885 51 936 537 192 2019 Canon Copier Lease 5 2019 N/A 2023 279 Monthly 9,249 3,686 - 2,427 129 2,556 1,260 193 2019 Canon Copier Lease 6 2019 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 20 2019 N/A 2023 279 Monthly 24,205 13,031 - 5,604 554 6,159 7,426 197 2019 Lease of SmartNet & VOIP 2019 N/A 2022 279 Annual 286,353 97,347 - 97,347 1,947 99,294 - 198 2019 AT&T Lease 8 2019 N/A 2022 279 Monthly 6,034 1,940 - 1,940 49 1,989 - 199 2019 AT&T Lease 9 2019 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 22 2020 N/A 2024 279 Monthly 39,800 22,899 - 8,976 877 9,853 13,923 203 2020 VLocker Equipment Lease Purchase 2020 N/A 2025 201 Annual 86,961 62,126 - 12,814 1,313 14,126 49,312 204 2020 AT&T Lease 10 2020 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 23 2020 N/A 2024 279 Monthly 29,652 18,635 - 6,616 567 7,184 12,019 207 2020 Dell Computer Equipment Lease 6 2020 N/A 2023 279 Annual 217,111 108,453 - 53,049 4,817 57,865 55,405 208 2020 Canon Copier Lease 7 2020 N/A 2023 279 Monthly 3,575 1,836 - 1,213 47 1,260 623 209 2020 Vehicle/Equip Lease #1 2020 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 8 2020 N/A 2023 279 Monthly 5,625 3,312 - 2,068 92 2,160 1,244 213 2021 Canon Copier Lease 9 2021 N/A 2023 279 Monthly 2,566 1,845 - 1,025 103 1,128 820 214 2021 Network Solutions Cisco Infrastructure Lease 2021 N/A 2025 279 Annual 900,000 682,171 - 164,926 15,260 180,186 517,245 216 2021 Dell Computer Equipment Lease 7 2021 N/A 2025 279 Annual 529,046 415,089 - 97,963 15,994 113,957 317,125 217 2021 Dell Computer Equipment Lease 8 2021 N/A 2024 279 Annual 214,222 157,550 - 50,517 6,155 56,672 107,032 218 2021 Vehicle/Equip Lease #1 2021 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 Lease 2022 N/A 2026 279 Annual 166,343 - 166,343 39,571 527 40,098 126,773 223 2022 Canon Copier Lease 10 2022 N/A 2023 279 Monthly 8,251 - 8,251 3,731 364 4,095 4,520 224 2022 Dell Computer Equipment Lease 9 2022 N/A 2025 279 Annual 202,985 - 202,985 57,654 - 57,654 145,331 225 2022 Vehicle/Equip Lease 2022 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 Debt 34,578,360 14,566,490 8,419,813 6,297,458 249,254 6,546,713 16,688,844 2022 Principal 2022 Interest City of South Bend Fiscal Year 2022 Outstanding Debt Debt Sched.Debt Instrument Year of Issue Year of Refinance Year of Maturity Fund No. 2022 Total Debt Payments Debt at 12/31/22Pmts Amount Issued Debt at 1/1/22 2022 Additions 2022 Principal 2022 Interest City of South Bend Fiscal Year 2022 Outstanding Debt Debt Sched.Debt Instrument Year of Issue Year of Refinance Year of Maturity Fund No. 2022 Total Debt Payments Debt at 12/31/22Pmts Amount Issued Debt at 1/1/22 2022 Additions Bonds 25 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-K 2017 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 Bonds 2022 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 Debt 207,331,953 118,443,154 12,110,000 12,122,955 4,241,897 16,364,852 118,430,199 Interfund Loan 82 2010 Interfund Loan from Fund 404 to UDAG Fund 410 2010 N/A 2026 410 Biannual 2,700,000 356,253 - 24,000 - 24,000 332,253 84 2013 Major Moves-Triangle Development Interfund Loan 2011 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 Loan 2011 2013 2026 436 Biannual 3,942,529 716,123 - 340,838 31,598 372,436 375,285 Total Civil City Interfund Loan Debt 8,200,579 1,908,735 - 469,523 47,805 517,328 1,439,212 Loan Payable 68 2009 Water Works Improvements - State Revolving Fund 2009 N/A 2030 625 Biannual 427,400 220,712 - 24,682 7,438 32,120 196,030 139 2015 Century Center Energy QECB Conservation Bond 2015 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 Debt 4,595,297 3,299,738 - 321,857 112,630 434,487 2,977,881 Total Civil City Debt 254,706,190 138,218,117 20,529,813 19,211,794 4,651,586 23,863,380 139,536,136 Redevelopment Commission Debt Capital Leases 13 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 Debt 2,510,278 717,014 - 166,202 33,798 200,000 550,812 Revenue Bonds 5 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 Bonds 2019 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 Bonds 2020 N/A 2037 324 Biannual 4,225,000 4,150,000 - 220,000 106,015 326,015 3,930,000 Total Redevelopment Revenue Bond Debt 124,075,000 74,250,000 - 7,215,000 2,702,230 9,917,230 67,035,000 Total Redevelopment Commission Debt 126,585,278 74,967,014 - 7,381,202 2,736,028 10,117,230 67,585,812 Total Debt 381,291,468 213,185,131 20,529,813 26,592,996 7,387,614 33,980,610 207,121,948 City of South Bend Staffing Headcount Full-Time Staffing Summary by Fund Budget Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 101 - General Fund Mayor's Office 8 9 9 9 8 8 9 9 9 9 9 9 - Community Initiatives 6 4 4 5 5 4 4 5 5 5 4 4 - Community Police Review Board 1 - - - - - - - - - - - - City Clerk 5 3 4 5 3 5 5 5 5 5 5 5 - Common Council 9 9 9 9 9 9 9 9 9 9 9 9 - Controller's Office 21 17 17 17 17 18 18 18 16 15 17 17 - Human Resources 8 5 5 4 2 5 5 5 6 6 6 6 - Diversity & Inclusion 3 3 3 3 1 1 1 1 1 1 1 1 - Human Rights 4 4 3 3 4 3 3 4 4 4 2 2 - Legal Department 13 10 9 11 11 11 11 11 10 10 12 12 - Engineering 25 23 23 23 22 22 23 23 22 23 25 25 - Police Department 276 270 260 257 265 262 260 266 270 268 283 283 - Police Crime Lab 7 6 6 6 5 5 6 7 8 8 8 8 - Fire Department 265 251 243 247 249 249 249 245 249 249 249 249 - EMS 4 4 4 4 4 4 4 4 4 4 4 4 - 655 618 599 603 605 606 607 612 618 616 634 634 - 201 - Parks & Recreation Administration 5 5 6 6 6 6 6 6 5 6 6 5 - Maintenance 43 43 47 46 45 46 46 47 44 46 46 43 - Golf Courses 9 7 7 7 7 7 8 8 8 8 8 8 - Recreational Experiences 10 10 10 10 10 10 10 10 10 10 9 8 - Community Programming 14 11 7 7 7 7 7 7 7 7 7 13 - Development & Promotions 7 7 6 7 7 8 8 8 8 8 9 9 - 88 83 83 83 82 84 85 86 82 85 85 86 - 202 - Motor Vehicle Highway Streets/Traffic & Lighting 51 52 50 52 50 48 47 48 50 48 53 52 - Curb & Sidewalk 8 7 8 8 8 8 7 7 8 8 7 7 - 59 59 58 60 58 56 54 55 58 56 60 59 - 211 - Dept of Community Investment Operating Community Investment 37 28 28 28 27 28 30 29 29 29 30 30 - Historic Preservation 2 2 2 2 2 2 2 2 2 2 2 2 - Office of Sustainability 2 1 1 1 1 1 1 1 1 1 1 1 - 41 31 31 31 30 31 33 32 32 32 33 33 - November 30, 2022 City of South Bend Staffing Headcount November 30, 2022 Full-Time Staffing Summary by Fund Budget Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 221 - Rental Units Regulation Rental Unit Inspection 5 2 1 1 1 1 1 1 1 1 1 1 - 222 - Central Services Equipment Services 31 26 26 26 24 24 23 24 25 26 25 25 - Radio Shop 3 2 2 2 2 2 2 2 2 2 2 2 - Building Maintenance 3 2 1 - - 3 3 3 3 3 3 3 - Facilities Management 1 - - - - 1 1 1 1 1 1 1 - 38 30 29 28 26 30 29 30 31 32 31 31 - 230 - Code Enforcement Fund Neighborhood Services 20 20 20 19 19 17 16 15 16 19 18 18 - Animal Resource Center 9 7 8 9 8 8 8 9 9 9 9 9 - 29 27 28 28 27 25 24 24 25 28 27 27 - 258 - Human Rights Federal Grants EEOC 1 1 1 1 1 1 1 1 1 - - - - HUD 1 1 1 1 1 1 1 1 - - - - - 2 2 2 2 2 2 2 2 1 - - - - 279 - IT / Innovation / 311 Call Center 311 Call Center 8 8 8 8 8 8 8 8 8 8 8 8 - Innovation & Technology 24 22 21 21 21 20 20 20 21 21 20 20 - 32 30 29 29 29 28 28 28 29 29 28 28 - 600 - Consolidated Building Fund Building Department 16 15 15 15 14 14 16 16 14 14 15 15 - 602 - Morris Performing Arts Center Operations Morris Performing Arts Center 9 9 8 6 5 6 6 6 6 6 6 6 - 610 - Solid Waste Solid Waste 25 23 24 24 24 24 24 23 25 23 24 24 - 620 - Water Works Water Works 68 62 61 62 59 58 60 59 62 66 65 65 - 640 - Sewer Insurance Sewer Repair 2 2 2 2 2 2 2 2 2 2 2 2 - City of South Bend Staffing Headcount November 30, 2022 Full-Time Staffing Summary by Fund Budget Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 641 - Sewage Works Sewers 35 36 34 33 32 35 34 34 37 36 32 33 - Concrete Crew 4 5 4 4 4 4 3 4 3 4 5 5 - Wastewater 44 39 42 42 41 39 39 40 43 41 42 42 - Organic Resources 6 6 6 6 6 5 5 5 5 6 6 6 - 89 86 86 85 83 83 81 83 88 87 85 86 - 670 - Century Center Century Center 7 5 5 5 5 4 4 4 4 4 5 5 - Total Full-Time Employees by Fund 1,165 1,084 1,061 1,064 1,052 1,054 1,056 1,063 1,078 1,081 1,101 1,102 - Full-Time Staffing Summary by Activity Budget Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec General Government Mayor's Office 8 9 9 9 8 8 9 9 9 9 9 9 - Community Initiatives 6 4 4 5 5 4 4 5 5 5 4 4 - City Clerk 5 3 4 5 3 5 5 5 5 5 5 5 - Community Police Review Board 1 - - - - - - - - - - - - Common Council 9 9 9 9 9 9 9 9 9 9 9 9 - Controller's Office 21 17 17 17 17 18 18 18 16 15 17 17 - Human Resources 8 5 5 4 2 5 5 5 6 6 6 6 - Diversity & Inclusion 3 3 3 3 1 1 1 1 1 1 1 1 - Human Rights 6 6 5 5 6 5 5 6 5 4 2 2 - Legal Department 13 10 9 11 11 11 11 11 10 10 12 12 - Central Services 38 30 29 28 26 30 29 30 31 32 31 31 - 118 96 94 96 88 96 96 99 97 96 96 96 - Public Works Engineering 25 23 23 23 22 22 23 23 22 23 25 25 - Streets & Sewers 100 102 98 99 96 97 93 95 100 98 99 99 - Solid Waste 25 23 24 24 24 24 24 23 25 23 24 24 - Wastewater 44 39 42 42 41 39 39 40 43 41 42 42 - Organic Resources 6 6 6 6 6 5 5 5 5 6 6 6 - Water Works 68 62 61 62 59 58 60 59 62 66 65 65 - 268 255 254 256 248 245 244 245 257 257 261 261 - City of South Bend Staffing Headcount November 30, 2022 Full-Time Staffing Summary by Activity Budget Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Public Safety Police - Sworn Officers 232 228 218 220 213 215 213 211 223 222 221 221 - Police - Civilians 43 42 42 38 41 41 42 42 43 43 45 45 - Police - Police Recruit 8 6 6 5 16 11 11 20 12 11 25 25 - Fire/EMS - Sworn Firefighters 256 248 240 239 241 241 241 237 241 246 246 246 - Fire/EMS - Civilians 7 7 7 7 7 7 7 7 7 7 7 7 - Fire/EMS - Fire Recruits 6 - - 5 5 5 5 5 5 - - - - 552 531 513 514 523 520 519 522 531 529 544 544 - Venues, Parks & Arts Parks & Recreation 88 83 83 83 82 84 85 86 82 85 85 86 - Morris Performing Arts Center 9 9 8 6 5 6 6 6 6 6 6 6 - Century Center 7 5 5 5 5 4 4 4 4 4 5 5 - 104 97 96 94 92 94 95 96 92 95 96 97 - Department of Community Investment Community Investment 39 30 30 30 29 30 32 31 31 31 32 32 - Office of Sustainability 2 1 1 1 1 1 1 1 1 1 1 1 - Neighborhood Services 25 22 21 20 20 18 17 16 17 20 19 19 - Animal Resource Center 9 7 8 9 8 8 8 9 9 9 9 9 - Building Department 16 15 15 15 14 14 16 16 14 14 15 15 - 91 75 75 75 72 71 74 73 72 75 76 76 - Department of Innovation & Technology 32 30 29 29 29 28 28 28 29 29 28 28 - Total Full-Time Employees by Activity 1,165 1,084 1,061 1,064 1,052 1,054 1,056 1,063 1,078 1,081 1,101 1,102 - City of South Bend Staffing Headcount November 30, 2022 Part-Time Staffing Summary by Fund Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 101 - General Fund Commmunity Initiatives - - - - - - - - 5 6 6 - Diversity & Inclusion - - - - - - - - 1 - - - Human Rights 1 1 1 - - - 1 1 1 1 1 - Legal Department 1 1 1 1 1 1 1 1 1 1 1 - Engineering 1 1 1 1 1 1 1 1 1 1 1 - Police Department 18 20 20 18 41 35 32 20 20 19 19 - Police Crime Lab 1 1 1 1 1 1 1 1 1 1 1 - Fire Department 1 1 1 1 1 1 1 1 1 1 1 - 23 25 25 22 45 39 37 25 31 30 30 - 201 - Parks & Recreation Maintenance 13 9 9 15 18 21 23 25 28 25 25 - Golf Courses 6 10 38 43 48 51 51 79 80 52 52 - Recreational Experiences 18 18 20 22 26 23 26 30 35 36 25 - Community Programming - - - - - - - - - - 11 - Development & Promotions 1 1 2 2 1 1 1 1 1 1 1 - 38 38 69 82 93 96 101 135 144 114 114 - 202 - Motor Vehicle Highway Streets/Traffic & Lighting 2 2 2 2 6 7 6 7 6 5 5 - 222 - Central Services Equipment Services 1 1 1 1 1 1 1 1 1 - - - 230 - Code Enforcement Fund Neighborhood Services 1 1 1 1 1 1 1 1 1 1 1 - Animal Resource Center 3 3 3 3 3 3 1 2 3 3 3 - 4 4 4 4 4 4 2 3 4 4 4 - 279 - IT / Innovation / 311 Call Center 311 Call Center - - - - - - - - 1 1 1 - 602 - Morris Performing Arts Center Operations Morris Performing Arts Center 3 3 3 3 3 3 3 4 4 4 4 - 620 - Water Works Water Works - - 1 2 1 1 1 1 1 1 1 - 641 - Sewage Works Sewers 4 4 3 2 2 2 2 2 2 3 3 - 670 - Century Center Century Center 3 3 3 3 3 2 2 3 3 2 2 - Total Part-Time Employees by Fund 78 80 111 121 158 155 155 181 197 164 164 - City of South Bend Staffing Headcount November 30, 2022 Paid Temporary, Seasonal, and Intern Staffing Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 101 - General Fund Mayor's Office 2 2 5 - 4 4 4 2 2 2 2 - City Clerk 1 1 1 - - - - 1 1 1 1 - Common Council - - - - 1 1 1 7 7 7 7 - Diversity & Inclusion 2 2 2 1 1 - - - - 1 1 - Legal Department - - - - 2 4 4 - - - - - Engineering - - - - 6 6 6 11 11 11 11 - Police Department - - - - 3 4 4 2 2 2 2 - 5 5 8 1 17 19 19 23 23 24 24 - 201 - Parks & Recreation Maintenance 3 3 8 14 22 26 21 24 19 14 14 - Golf Courses - 2 5 7 7 5 7 15 14 7 7 - Recreational Experiences 58 54 48 12 72 100 95 121 116 138 138 - 61 59 61 33 101 131 123 160 149 159 159 - 202 - Motor Vehicle Highway Streets/Traffic & Lighting - - - 1 3 4 4 2 2 1 1 - Curb & Sidewalk - - - - - - 1 - - - - - - - - 1 3 4 5 2 2 1 1 - 230 - Code Enforcement Fund Neighborhood Services - - - - - - - 1 1 1 1 - Animal Resource Center - - - - - - - 1 - - - - - - - - - - - 2 1 1 1 - 279 - IT / Innovation / 311 Call Center 311 Call Center - - - - - - - - 1 1 1 - Innovation & Technology - - - - - 2 2 - - - - - - - - - - 2 2 - 1 1 1 - 620 - Water Works Water Works - - - - 1 2 3 1 - - - - 641 - Sewage Works Sewers 1 1 1 2 2 6 6 3 3 1 1 - Wastewater 1 - - - - - - 1 1 1 1 - 2 1 1 2 2 6 6 4 4 2 2 - 655 - Project ReLeaf Leaf Pickup - - - - - - - 6 6 12 12 - Total Paid Temporary, Seasonal, and Intern Staff 68 65 70 37 124 164 158 198 186 200 200 - City of South Bend Staffing Headcount November 30, 2022 Staffing Summary Budget Full- Time Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Full Time Staff 1,165 1,084 1,061 1,064 1,052 1,054 1,056 1,063 1,078 1,081 1,101 1,102 - Part Time Staff 78 80 111 121 158 155 155 181 197 164 164 - Temporary / Seasonal 68 65 70 37 124 164 158 198 186 200 200 - City Total 1,165 1,230 1,206 1,245 1,210 1,336 1,375 1,376 1,457 1,464 1,465 1,466 - City of South Bend, Indiana Monthly Financial Report November 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 2,161,031 2,161,031 1,839,091 54% Intergov./ Grants 191,097 1,482,045 - - - - - - Licenses & Permits 281,230 258,054 294,125 294,125 244,725 244,725 49,400 83% Charges for Services 4,468,596 5,286,199 4,135,160 4,891,160 4,422,337 4,422,337 468,823 90% Fines, Forfeitures, and Fees 5,298 6,235 8,525 8,525 4,611 4,611 3,914 54% Interest Earnings 309,268 290,597 481,983 417,105 540,444 540,444 (123,339) 130% Donations 1,357,432 1,769,377 1,365,000 1,365,000 1,358,100 1,358,100 6,900 99% Other Income 1,706,245 1,238,059 1,333,520 1,398,836 1,002,060 1,002,060 396,776 72% Interfund Allocation Reimb 8,563,135 9,896,054 10,544,420 10,544,420 8,787,017 8,787,017 1,757,403 83% Interfund Transfers In 6,283,500 2,727,079 - - - - - - PILOT 6,221,791 6,154,321 6,079,325 6,079,325 6,079,325 6,079,325 - 100% Total Revenue 74,885,707 77,019,698 73,217,282 73,973,720 49,257,256 49,257,256 24,716,463 67% Expenditures by Type Personnel Salaries & Wages 38,858,879 39,390,302 36,304,419 36,506,539 33,824,316 - 33,824,316 2,682,223 93% Fringe Benefits 13,303,099 13,920,158 17,929,005 17,670,885 14,618,222 1,025 14,619,247 3,051,638 83% Total Personnel 52,161,978 53,310,460 54,233,424 54,177,424 48,442,537 1,025 48,443,562 5,733,861 89% Supplies 1,720,163 2,033,958 2,265,998 2,722,718 2,444,232 357,524 2,801,755 (79,037) 103% Services & Charges Professional Services 1,755,294 1,811,607 2,011,038 2,425,125 1,700,169 818,598 2,518,766 (93,642) 104% Printing & Advertising 83,792 188,451 185,430 345,471 298,525 33,122 331,648 13,824 96% Utilities 663,087 654,363 614,408 618,408 543,162 - 543,162 75,246 88% Repairs & Maintenance 2,191,066 1,951,940 2,363,099 3,939,932 2,061,099 1,611,195 3,672,294 267,638 93% Education & Training 152,685 186,351 296,460 408,485 209,477 70,656 280,133 128,352 69% Travel 17,787 25,843 92,000 69,687 50,151 12,282 62,433 7,254 90% Grants & Subsidies 48,635 390,075 36,645,000 25,256,025 5,035,167 973,096 6,008,263 19,247,762 24% Other Services & Charges 491,973 597,714 575,273 7,282,601 2,106,385 404,773 2,511,158 4,771,443 34% 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 40,345,733 12,004,135 3,923,721 15,927,856 24,417,877 39% Operating Expenditures 59,440,332 61,298,229 99,282,130 97,245,876 62,890,904 4,282,270 67,173,174 30,072,701 69% Capital - - - 4,605,500 172,078 1,021,355 1,193,433 3,412,067 26% Bad Debt 8,070 649 300 1,300 930 - 930 370 72% Interfund Interfund Allocations 6,910,980 9,320,120 9,701,661 9,701,661 8,084,718 - 8,084,718 1,616,944 83% Interfund Transfers Out 175,579 4,948,093 600,000 2,600,000 1,731,794 - 1,731,794 868,206 67% Total Interfund 7,086,559 14,268,213 10,301,661 12,301,661 9,816,512 - 9,816,512 2,485,150 80% Total Expenditures 66,534,960 75,567,091 109,584,091 114,154,337 72,880,424 5,303,625 78,184,049 35,970,288 68% Net Surplus / (Deficit)8,350,746 1,452,607 (36,366,809) (40,180,617) (23,623,168) (28,926,793) 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 14,027,457 31,246,470 Cash Reserves Target 23,287,236 26,448,482 39,954,018 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 City of South Bend, Indiana Monthly Financial Report November 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 1,048,915 949,085 1,350 950,435 98,480 91% Community Initiatives 300,312 857,425 1,160,126 1,526,626 939,032 66,460 1,005,492 521,134 66% Community Police Review Office - 27,206 103,199 103,199 - - - 103,199 0% City Clerk 512,958 633,713 694,547 694,547 520,242 11,419 531,661 162,886 77% Common Council 483,761 593,820 724,311 724,941 485,029 27,770 512,799 212,142 71% General City 44,841 43,000 43,000 (8,672) 1,091,623 (678,091) 413,532 (422,204) -4769% American Rescue Plan - 4,948,093 36,195,000 39,495,000 6,610,237 4,539,003 11,149,240 28,345,760 28% Finance 2,217,244 2,111,012 2,535,491 2,592,304 1,930,592 46,535 1,977,127 615,177 76% Human Resources 597,913 651,325 957,327 934,327 547,564 2 547,565 386,762 59% Diversity & Inclusion 254,986 546,687 611,073 740,743 405,303 141,477 546,780 193,963 74% Human Rights General 267,591 295,679 462,479 462,479 340,584 12,206 352,790 109,689 76% Legal Dept 1,299,029 1,399,494 1,695,716 1,695,716 1,318,884 11,464 1,330,347 365,369 78% Police General 27,639,992 30,031,479 31,101,209 31,263,638 27,872,243 542,106 28,414,349 2,849,289 91% Crime Lab 552,838 628,676 868,577 869,889 634,679 3,331 638,010 231,879 73% Fire General 26,056,166 26,373,821 26,165,969 26,677,690 25,065,925 411,387 25,477,312 1,200,377 96% EMS 592,302 710,778 825,174 708,828 574,298 36,415 610,713 98,115 86% Fire Training Center 30,175 32,253 148,000 53,730 49,878 1,873 51,750 1,980 96% Morris PAC 1,003,966 1,106,303 600,000 656,962 643,333 5,648 648,981 7,981 99% Palais Royale 221,414 149,547 208,649 229,403 165,983 8,965 174,948 54,455 76% Engineering 2,879,656 3,123,492 3,435,362 3,582,616 2,668,873 80,945 2,749,818 832,797 77% Sustainability 234,165 90,441 - 101,458 67,037 33,362 100,400 1,058 99% AmeriCorps 307,799 222,663 - - - - - - - Total Expenditures 66,534,960 75,567,091 109,584,091 114,154,337 72,880,424 5,303,625 78,184,049 35,970,288 68% NOTE: For more detail, see department and division summary pages that follow. City of South Bend, Indiana Monthly Financial Report November 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 568,439 577,992 621,971 621,971 587,946 - 587,946 34,025 95% Fringe Benefits 199,062 205,069 231,870 231,870 202,776 - 202,776 29,094 87% Total Personnel 767,501 783,061 853,841 853,841 790,722 - 790,722 63,119 93% Supplies 6,028 3,888 5,500 5,500 2,563 - 2,563 2,937 47% Services & Charges Professional Services 143,724 - 7,000 500 - - - 500 0% Printing & Advertising 25,634 43,385 41,500 41,230 33,565 650 34,215 7,015 83% Repairs & Maintenance 800 650 300 300 33 - 33 267 11% Education & Training - 171 1,000 300 25 - 25 275 8% Travel - - 3,500 475 474 - 474 1 100% Other Services & Charges 740 1,110 500 11,028 8,585 700 9,285 1,743 84% Total Services & Charges 170,898 45,316 53,800 53,833 42,683 1,350 44,033 9,801 82% Operating Expenditures 944,428 832,264 913,141 913,174 835,968 1,350 837,318 75,857 92% Interfund Allocations 93,425 157,918 135,741 135,741 113,118 - 113,118 22,624 83% Total Expenditures 1,037,853 990,182 1,048,882 1,048,915 949,085 1,350 950,435 98,481 91% 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. City of South Bend, Indiana Monthly Financial Report November 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 119,402 218,129 320,394 320,394 227,932 - 227,932 92,462 71% Fringe Benefits 46,102 91,386 144,080 144,080 97,071 - 97,071 47,009 67% Total Personnel 165,504 309,515 464,474 464,474 325,003 - 325,003 139,471 70% Supplies - - - - - - - - - Services & Charges Professional Services 134,808 210,500 273,000 385,500 288,500 62,500 351,000 34,500 91% Printing & Advertising - 1,410 25,000 24,880 9,080 460 9,540 15,340 38% Education & Training - - 12,500 112,500 35,237 3,500 38,737 73,763 34% Travel - - - - 1,775 - 1,775 (1,775) - Grant & Subsidies - 336,000 350,000 504,000 250,000 - 250,000 254,000 50% Other Services & Charges - - - 120 143 - 143 (23) 119% Total Services & Charges 134,808 547,910 660,500 1,027,000 584,735 66,460 651,195 375,805 63% Operating Expenditures 300,312 857,425 1,124,974 1,491,474 909,739 66,460 976,198 515,276 65% Interfund Allocations - - 35,152 35,152 29,293 - 29,293 5,859 83% Total Expenditures 300,312 857,425 1,160,126 1,526,626 939,032 66,460 1,005,492 521,135 66% 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. City of South Bend, Indiana Monthly Financial Report November 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. City of South Bend, Indiana Monthly Financial Report November 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 270,954 288,911 320,512 319,992 256,483 - 256,483 63,509 80% Fringe Benefits 103,502 113,731 133,959 134,479 82,236 920 83,156 51,323 62% Total Personnel 374,456 402,642 454,471 454,471 338,719 920 339,639 114,832 75% Supplies 6,389 8,089 9,200 9,200 4,145 2,255 6,400 2,800 70% Services & Charges Professional Services 25,275 15,066 25,000 20,000 18,448 - 18,448 1,553 92% Printing & Advertising 18,528 23,705 27,500 27,500 15,657 5,244 20,901 6,599 76% Repairs & Maintenance 32,656 6,400 5,000 10,000 8,185 - 8,185 1,815 82% Education & Training 1,393 14,250 6,000 4,000 796 3,000 3,796 204 95% Travel 342 - 5,000 2,500 - - - 2,500 0% Other Services & Charges 4,963 7,635 7,500 12,000 5,130 - 5,130 6,870 43% Total Services & Charges 83,157 67,056 76,000 76,000 48,215 8,244 56,459 19,541 74% Operating Expenditures 464,002 477,787 539,671 539,671 391,078 11,419 402,497 137,173 75% Interfund Allocations 48,956 155,926 154,876 154,876 129,063 - 129,063 25,813 83% Total Expenditures 512,958 633,713 694,547 694,547 520,142 11,419 531,561 162,986 77% 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. City of South Bend, Indiana Monthly Financial Report November 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 187,249 182,138 260,858 260,858 179,620 - 179,620 81,238 69% Fringe Benefits 84,521 95,359 164,916 164,916 95,519 - 95,519 69,397 58% Total Personnel 271,770 277,497 425,774 425,774 275,139 - 275,139 150,635 65% Supplies 2,716 1,894 2,500 2,500 2,496 - 2,496 4 100% Services & Charges Professional Services 117,174 193,211 214,308 202,538 143,505 27,320 170,825 31,713 84% Printing & Advertising 7,973 35,048 6,200 12,497 7,652 450 8,102 4,395 65% Repairs & Maintenance 34,153 24,584 3,000 8,803 7,340 - 7,340 1,463 83% Education & Training 2,069 599 5,000 5,000 1,435 - 1,435 3,565 29% Travel 1,479 1,334 10,000 10,000 4,618 - 4,618 5,382 46% Other Services & Charges 4,091 4,714 14,000 14,300 6,569 - 6,569 7,731 46% Total Services & Charges 166,939 259,491 252,508 253,138 171,119 27,770 198,889 54,249 79% Operating Expenditures 441,425 538,882 680,782 681,412 448,755 27,770 476,524 204,888 70% Interfund Allocations 42,336 54,938 43,529 43,529 36,274 - 36,274 7,255 83% Total Expenditures 483,761 593,820 724,311 724,941 485,029 27,770 512,799 212,143 71% 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. City of South Bend, Indiana Monthly Financial Report November 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 1,117,794 - 1,117,794 372,406 75% Fringe Benefits 480,160 464,963 580,534 580,534 394,576 - 394,576 185,958 68% Total Personnel 1,834,099 1,786,330 2,070,734 2,070,734 1,512,370 - 1,512,370 558,364 73% Supplies 14,013 8,804 16,420 16,691 7,655 659 8,313 8,378 50% Services & Charges Professional Services 43,980 92,490 241,500 298,000 241,937 43,674 285,610 12,390 96% Printing & Advertising 1,203 4,914 2,000 2,786 2,184 - 2,184 602 78% Repairs & Maintenance 2,254 225 1,100 1,100 202 - 202 898 18% Education & Training 1,994 4,235 5,760 4,331 904 1,250 2,154 2,177 50% Travel 2,045 1,300 6,000 2,093 1,784 225 2,009 84 96% Other Services & Charges 14,429 19,228 11,585 16,177 13,230 728 13,957 2,220 86% Total Services & Charges 65,905 122,391 267,945 324,487 260,241 45,876 306,117 18,371 94% Operating Expenditures 1,914,017 1,917,524 2,355,099 2,411,912 1,780,266 46,535 1,826,801 585,113 76% Bad Debt - 55 - - - - - - - Interfund Allocations 303,227 193,433 180,392 180,392 150,327 - 150,327 30,065 83% Total Expenditures 2,217,244 2,111,012 2,535,491 2,592,304 1,930,592 46,535 1,977,127 615,178 76% 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. City of South Bend, Indiana Monthly Financial Report November 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 374,910 400,053 533,505 533,505 317,768 - 317,768 215,737 60% Fringe Benefits 139,389 148,223 215,402 215,402 108,535 - 108,535 106,867 50% Total Personnel 514,299 548,276 748,907 748,907 426,303 - 426,303 322,604 57% Supplies 642 2,165 11,250 11,250 7,263 2 7,265 3,985 65% Services & Charges Professional Services - - - 204 204 - 204 1 100% Printing & Advertising 999 287 7,060 6,968 1,028 - 1,028 5,940 15% Repairs & Maintenance 100 150 - 450 450 - 450 - 100% Education & Training 795 1,361 52,700 29,700 3,268 - 3,268 26,432 11% Travel - - 6,000 5,796 2,461 - 2,461 3,335 42% Other Services & Charges 1,760 1,609 7,000 6,642 2,912 - 2,912 3,730 44% Total Services & Charges 3,655 3,407 72,760 49,760 10,323 - 10,323 39,438 21% Operating Expenditures 518,596 553,847 832,917 809,917 443,889 2 443,890 366,027 55% Interfund Allocations 79,317 97,478 124,410 124,410 103,675 - 103,675 20,735 83% Total Expenditures 597,913 651,325 957,327 934,327 547,564 2 547,565 386,762 59% 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. City of South Bend, Indiana Monthly Financial Report November 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 165,515 206,014 233,671 233,671 139,867 - 139,867 93,804 60% Fringe Benefits 50,278 64,933 82,633 82,633 34,830 - 34,830 47,803 42% Total Personnel 215,793 270,948 316,304 316,304 174,697 - 174,697 141,607 55% Supplies 74 1,486 1,500 1,500 347 896 1,243 257 83% Services & Charges Professional Services 14,260 194,734 80,000 244,794 156,129 88,208 244,337 457 100% Printing & Advertising 2,025 1,581 6,000 4,000 1,960 - 1,960 2,040 49% Repairs & Maintenance 50 - - - - - - - - Education & Training 1,000 10,780 100,000 83,832 595 50,215 50,810 33,022 61% Travel - - 20,000 4,544 1,862 2,158 4,020 524 88% Other Services & Charges 2,843 3,755 5,000 3,500 1,155 - 1,155 2,345 33% Total Services & Charges 20,177 210,850 211,000 340,670 161,701 140,581 302,283 38,388 89% Operating Expenditures 236,044 483,283 528,804 658,474 336,745 141,477 478,222 180,252 73% Interfund Allocations 18,942 63,404 82,269 82,269 68,558 - 68,558 13,712 83% Total Expenditures 254,986 546,687 611,073 740,743 405,303 141,477 546,780 193,964 74% 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. City of South Bend, Indiana Monthly Financial Report November 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 134,381 135,895 245,062 260,062 184,482 - 184,482 75,580 71% Fringe Benefits 49,745 55,005 99,688 84,688 66,556 - 66,556 18,132 79% Total Personnel 184,125 190,901 344,750 344,750 251,038 - 251,038 93,712 73% Supplies 765 969 2,000 2,000 1,980 - 1,980 20 99% Services & Charges Professional Services 819 3,538 3,070 1,070 - - - 1,070 0% Printing & Advertising 347 407 1,500 908 1,294 280 1,574 (666) 173% Repairs & Maintenance 9,716 8,151 9,200 9,200 3,602 5,175 8,777 423 95% Education & Training 600 - 3,500 2,166 1,681 - 1,681 485 78% Travel - - - - - - - - - Other Services & Charges 44,073 45,538 51,140 55,066 41,556 6,751 48,307 6,759 88% Total Services & Charges 55,555 57,634 68,410 68,410 48,134 12,206 60,339 8,071 88% Operating Expenditures 240,446 249,504 415,160 415,160 301,152 12,206 313,357 101,803 75% Interfund Allocations 27,145 46,175 47,319 47,319 39,433 - 39,433 7,887 83% Total Expenditures 267,591 295,679 462,479 462,479 340,584 12,206 352,790 109,690 76% Revenue Other Income 30,069 30,049 30,000 30,000 30,659 30,659 (659) 102% Total Revenue 30,069 30,049 30,000 30,000 30,659 30,659 (659) 102% 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. City of South Bend, Indiana Monthly Financial Report November 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 1,081,277 859,293 - 859,293 221,984 79% Fringe Benefits 298,375 291,446 386,599 386,859 276,669 - 276,669 110,190 72% Total Personnel 1,206,003 1,186,938 1,480,136 1,468,136 1,135,962 - 1,135,962 332,174 77% Supplies 3,568 1,515 3,500 4,000 4,081 714 4,796 (796) 120% Services & Charges Professional Services 1,440 9,384 2,550 14,550 3,780 9,085 12,865 1,685 88% Printing & Advertising 106 252 1,000 500 170 - 170 330 34% Repairs & Maintenance 100 1,000 - - - - - - - Education & Training 8,063 7,108 12,000 10,500 9,450 - 9,450 1,051 90% Travel - - 5,500 2,823 2,279 304 2,583 240 91% Other Services & Charges 16,829 18,408 19,500 23,677 20,220 1,360 21,580 2,097 91% Total Services & Charges 26,538 36,152 40,550 52,050 35,898 10,749 46,648 5,403 90% Operating Expenditures 1,236,109 1,224,605 1,524,186 1,524,186 1,175,942 11,464 1,187,406 336,781 78% Bad Debt 100 - - - - - - - - Interfund Allocations 62,820 174,889 171,530 171,530 142,942 - 142,942 28,588 83% Total Expenditures 1,299,029 1,399,494 1,695,716 1,695,716 1,318,884 11,464 1,330,347 365,369 78% Revenue Charges for Services 135,710 91,343 93,170 93,170 70,220 70,220 22,950 75% Interfund Allocation Reimb 56,529 - - - - - - - Total Revenue 192,239 91,343 93,170 93,170 70,220 70,220 22,950 75% 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. City of South Bend, Indiana Monthly Financial Report November 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 1,586,872 - 1,586,872 365,250 81% Fringe Benefits 588,063 592,477 741,859 741,859 549,778 105 549,883 191,976 74% Total Personnel 2,268,284 2,324,174 2,693,981 2,693,981 2,136,650 105 2,136,755 557,226 79% Supplies 5,144 7,128 22,700 23,411 11,539 39 11,578 11,833 49% Services & Charges Professional Services 151,673 192,618 150,000 276,543 80,756 74,224 154,980 121,562 56% Printing & Advertising 1,872 5,897 8,535 14,035 6,170 72 6,242 7,793 44% Repairs & Maintenance 5,718 5,931 27,700 25,700 5,187 - 5,187 20,513 20% Education & Training 1,500 1,157 21,000 41,000 30,797 3,473 34,271 6,729 84% Travel 3,762 3,986 15,250 15,250 7,298 1,147 8,445 6,805 55% Other Services & Charges 12,230 11,024 36,300 32,800 7,228 1,885 9,113 23,687 28% Debt Service Principal 10,755 4,493 - - - - - - - Debt Service Interest & Fees 194 51 - - - - - - - Total Services & Charges 187,704 225,158 258,785 405,328 137,437 80,801 218,239 187,089 54% Operating Expenditures 2,461,132 2,556,460 2,975,466 3,122,720 2,285,627 80,945 2,366,572 756,148 76% Bad Debt 84 - - - - - - - - Interfund Allocations 418,440 567,032 459,896 459,896 383,247 - 383,247 76,649 83% Total Expenditures 2,879,656 3,123,492 3,435,362 3,582,616 2,668,873 80,945 2,749,818 832,797 77% Revenue Licenses & Permits 161,952 122,575 156,100 156,100 104,585 104,585 51,515 67% Charges for Services 415,210 192,000 196,000 196,000 147,000 147,000 49,000 75% 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 1,262,017 1,262,017 252,403 83% Total Revenue 2,035,075 1,770,209 1,866,520 1,866,520 1,525,919 1,525,919 340,601 82% 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. City of South Bend, Indiana Monthly Financial Report November 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 17,037 33,362 50,400 1,058 98% Repairs & Maintenance - 285 - - - - - - - Education & Training 86 150 - - - - - - - Other Services & Charges 12,760 3,700 - - - - - - - Total Services & Charges 87,431 10,025 - 51,458 17,037 33,362 50,400 1,058 98% Operating Expenditures 224,425 70,295 - 51,458 17,037 33,362 50,400 1,058 98% Capital - - - 50,000 50,000 - 50,000 - 100% Interfund Allocations 9,740 20,146 - - - - - - - Total Expenditures 234,165 90,441 - 101,458 67,037 33,362 100,400 1,058 99% 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. City of South Bend, Indiana Monthly Financial Report November 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). City of South Bend, Indiana Monthly Financial Report November 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 15,097,055 14,036,356 - 14,036,356 1,060,699 93% Fringe Benefits 5,423,162 5,728,486 7,600,855 7,341,955 6,399,310 - 6,399,310 942,645 87% Total Personnel 20,986,615 22,098,933 22,483,010 22,439,010 20,435,666 - 20,435,666 2,003,344 91% Supplies 767,165 955,573 1,152,960 1,249,949 1,255,079 114,309 1,369,388 (119,439) 110% Services & Charges Professional Services 765,305 495,799 720,000 663,306 351,358 349,075 700,433 (37,127) 106% Printing & Advertising 3,288 55,375 24,721 178,941 193,694 24,050 217,744 (38,803) 122% Utilities 170,952 182,655 174,408 174,408 183,006 - 183,006 (8,598) 105% Repairs & Maintenance 871,987 822,096 980,199 972,578 827,056 30,312 857,368 115,210 88% Education & Training 426 56,136 - - - - - - - Travel 1,648 2,618 250 350 573 144 717 (367) 205% Grants & Subsidies 5,635 11,075 57,000 58,099 20,369 300 20,669 37,430 36% Other Services & Charges 272,222 344,841 349,608 312,445 253,851 23,916 277,768 34,677 89% 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 1,829,907 427,797 2,257,704 102,422 96% Operating Expenditures 23,988,164 25,168,022 25,942,156 26,049,085 23,520,652 542,106 24,062,758 1,986,327 92% Capital - - - 55,500 52,630 - 52,630 2,870 95% Bad Debt 397 - 300 300 - - - 300 0% Interfund Allocations 3,651,431 4,863,457 5,158,753 5,158,753 4,298,961 - 4,298,961 859,792 83% Total Expenditures 27,639,992 30,031,479 31,101,209 31,263,638 27,872,243 542,106 28,414,349 2,849,289 91% Revenue Intergov./ Grants - 210,402 - - - - - - Charges for Services 8,316 - - - - - - - Other Income 655,931 338,317 456,500 456,792 197,784 197,784 259,008 43% Donations - - 7,500 7,500 - - 7,500 0% Interfund Transfers In 1,547,272 - - - - - - - Total Revenue 2,211,518 548,719 464,000 464,292 197,784 197,784 266,508 43% 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). City of South Bend, Indiana Monthly Financial Report November 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 395,207 346,190 475,637 475,637 341,325 - 341,325 134,312 72% Fringe Benefits 142,250 118,776 184,461 184,461 119,076 - 119,076 65,385 65% Total Personnel 537,456 464,966 660,098 660,098 460,401 - 460,401 199,697 70% Supplies 15,373 15,138 17,000 18,312 14,713 3,331 18,044 268 99% Services & Charges Professional Services 8 - - - - - - - - Printing & Advertising - - - - - - - - - Education & Training - - - - - - - - - Travel - - - - - - - - - Other Services & Charges - - - - - - - - - Total Services & Charges 8 - - - - - - - - Operating Expenditures 552,838 480,105 677,098 678,410 475,114 3,331 478,444 199,965 71% Interfund Allocations - 148,571 191,479 191,479 159,566 - 159,566 31,913 83% Total Expenditures 552,838 628,676 868,577 869,889 634,679 3,331 638,010 231,878 73% Revenue Charges for Services 7,756 26,169 10,000 10,000 8,369 8,369 1,631 84% Total Revenue 7,756 26,169 10,000 10,000 8,369 8,369 1,631 84% 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. City of South Bend, Indiana Monthly Financial Report November 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 13,636,366 13,850,285 - 13,850,285 (213,919) 102% Fringe Benefits 5,397,609 5,621,419 7,250,515 7,265,515 6,115,171 - 6,115,171 1,150,344 84% Total Personnel 21,771,825 21,527,001 20,901,881 20,901,881 19,965,456 - 19,965,456 936,425 96% Supplies 591,801 592,256 678,568 1,002,787 832,201 210,119 1,042,320 (39,533) 104% Services & Charges Professional Services 233,686 351,832 204,000 202,809 361,797 117,936 479,733 (276,924) 237% Printing & Advertising 2,063 2,040 22,214 7,452 3,760 1,102 4,862 2,590 65% Utilities 293,257 271,750 315,000 315,000 248,662 - 248,662 66,338 79% Repairs & Maintenance 1,159,796 992,999 1,032,000 1,193,647 1,058,781 63,863 1,122,644 71,003 94% Education & Training 67,844 79,268 73,000 106,904 125,066 9,218 134,284 (27,379) 126% Travel 6,318 12,979 20,500 22,197 26,092 8,304 34,395 (12,198) 155% Other Services & Charges 39,047 50,324 38,500 44,707 43,854 846 44,701 6 100% Total Services & Charges 1,802,010 1,761,191 1,705,214 1,892,715 1,868,013 201,268 2,069,281 (176,564) 109% Operating Expenditures 24,165,636 23,880,448 23,285,663 23,797,384 22,665,670 411,387 23,077,057 720,328 97% Interfund Allocations 1,890,530 2,493,373 2,880,306 2,880,306 2,400,255 - 2,400,255 480,051 83% Total Expenditures 26,056,166 26,373,821 26,165,969 26,677,690 25,065,925 411,387 25,477,312 1,200,379 96% Revenue Charges for Services 337 340 1,500 1,500 432 432 1,068 29% Intergov./ Grants 14,866 94,668 - - - - - - Licenses & Permits 19,227 23,137 24,000 24,000 27,550 27,550 (3,550) 115% Donations 420 - - - 100 100 (100) - Other Income 6,033 20,678 1,000 1,146 19,268 19,268 (18,122) 1681% Interfund Transfers In 3,474,135 607,079 - - - - - - Total Revenue 3,515,018 745,902 26,500 26,646 47,350 47,350 (20,704) 178% 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. City of South Bend, Indiana Monthly Financial Report November 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 138,124 146,217 156,804 156,804 135,514 - 135,514 21,290 86% Fringe Benefits 75,881 79,326 85,060 85,060 75,906 - 75,906 9,154 89% Total Personnel 214,005 225,543 241,864 241,864 211,421 - 211,421 30,444 87% Supplies 232,073 387,434 332,900 351,554 272,910 22,677 295,587 55,967 84% Services & Charges Professional Services 14,058 22,033 80,610 48,310 30,345 13,214 43,559 4,751 90% Printing & Advertising 220 - 12,200 - - - - - - Repairs & Maintenance 2,640 3,704 133,600 4,200 1,990 474 2,464 1,736 59% Education & Training 66,239 7,912 4,000 4,000 199 - 199 3,802 5% Other Services & Charges 47,260 63,559 20,000 57,900 56,604 50 56,654 1,246 98% Total Services & Charges 130,417 97,208 250,410 114,410 89,137 13,738 102,875 11,535 90% Operating Expenditures 576,495 710,184 825,174 707,828 573,468 36,415 609,883 97,946 86% Bad Debt 5,648 594 - 1,000 830 - 830 170 83% Interfund Allocations 10,159 - - - - - - - - Total Expenditures 592,302 710,778 825,174 708,828 574,298 36,415 610,713 98,116 86% Revenue Charges for Services 3,491,328 4,195,362 3,608,000 4,364,000 4,057,282 4,057,282 306,718 93% Fines, Forfeitures, and Fees - 11 - - 12 12 (12) - Other Income 186 588 - - 1,418 1,418 (1,418) - Total Revenue 3,491,515 4,195,961 3,608,000 4,364,000 4,058,712 4,058,712 305,288 93% 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. City of South Bend, Indiana Monthly Financial Report November 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 15,018 1,873 16,890 (6,260) 159% Services & Charges Professional Services - - - 1,100 1,929 - 1,929 (829) 175% Utilities 5,729 18,331 33,000 37,000 28,685 - 28,685 8,315 78% Repairs & Maintenance 10,605 635 110,000 5,000 4,246 - 4,246 754 85% Total Services & Charges 16,334 18,966 143,000 43,100 34,860 - 34,860 8,240 81% Operating Expenditures 30,175 32,253 148,000 53,730 49,878 1,873 51,750 1,980 96% Total Expenditures 30,175 32,253 148,000 53,730 49,878 1,873 51,750 1,980 96% 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). City of South Bend, Indiana Monthly Financial Report November 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 22,310 815 23,125 650 97% Utilities 112,645 110,532 - - - - - - - Repairs & Maintenance 34,268 61,776 - 9,785 5,816 3,707 9,523 262 97% Education & Training - 3,224 - 4,252 25 - 25 4,227 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 34,898 5,648 40,546 7,982 84% Operating Expenditures 617,512 868,330 - 56,962 43,333 5,648 48,981 7,982 86% 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 1,106,303 600,000 656,962 643,333 5,648 648,981 7,982 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). City of South Bend, Indiana Monthly Financial Report November 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 3,806 651 4,457 543 89% Services & Charges Printing & Advertising 3,693 - - - - - - - - Utilities 80,505 71,095 92,000 92,000 82,809 - 82,809 9,191 90% Repairs & Maintenance 26,223 23,356 61,000 76,767 34,994 5,028 40,023 36,745 52% Other Services & Charges 5,539 8,062 14,640 19,626 14,366 3,286 17,652 1,975 90% Total Services & Charges 115,959 102,514 167,640 188,394 132,169 8,314 140,483 47,911 75% Operating Expenditures 177,777 104,140 172,640 193,394 135,976 8,965 144,941 48,454 75% Interfund Interfund Allocations 43,637 45,407 36,009 36,009 30,008 - 30,008 6,002 83% Interfund Total 43,637 45,407 36,009 36,009 30,008 - 30,008 6,002 83% Total Expenditures 221,414 149,547 208,649 229,403 165,983 8,965 174,948 54,456 76% Revenue Charges for Services 88,843 122,575 136,190 136,190 130,194 130,194 5,996 96% Other Income 4,966 - - - 4,299 4,299 (4,299) - Total Revenue 93,809 122,575 136,190 136,190 134,493 134,493 1,697 99% 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. City of South Bend, Indiana Monthly Financial Report November 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 2,879,448 2,879,448 170,552 94% Intergov./ Grants - 123,272 - - - - - - Licenses & Permits 300 1,975 1,500 1,500 2,100 2,100 (600) 140% Charges for Services 290,475 224,847 262,300 256,455 104,484 104,484 151,971 41% Interest Earnings 39,751 23,518 19,635 19,635 47,550 47,550 (27,915) 242% 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 43,626 43,626 (4,604) 112% Interfund Allocation Reimb 149,020 150,163 187,963 187,963 156,636 156,636 31,327 83% Interfund Transfers In 4,937,750 3,500,000 5,550,000 5,550,000 4,625,000 4,625,000 925,000 83% Total Revenue 10,238,117 8,159,765 9,852,398 9,922,075 8,676,343 8,676,343 1,245,731 87% Expenditures by Activity Streets / Traffic & Lighting 7,154,221 8,652,023 8,317,336 9,435,990 6,555,992 1,490,119 8,046,111 1,389,879 85% Curb & Sidewalk Program 1,202,773 1,320,264 1,879,899 2,419,862 1,420,780 303,972 1,724,751 695,111 71% Total Expenditures 8,356,994 9,972,287 10,197,235 11,855,851 7,976,772 1,794,090 9,770,862 2,084,990 82% Expenditures by Type Personnel Salaries & Wages 2,715,345 2,826,835 3,330,520 3,330,220 2,606,933 - 2,606,933 723,287 78% Fringe Benefits 1,138,382 1,168,166 1,423,392 1,423,392 1,086,741 - 1,086,741 336,651 76% Total Personnel 3,853,726 3,995,001 4,753,912 4,753,612 3,693,674 - 3,693,674 1,059,938 78% Supplies 1,065,253 898,714 720,794 859,521 765,933 73,824 839,757 19,764 98% Services & Charges Professional Services 255,097 389,410 700,000 1,239,963 635,199 288,991 924,190 315,773 75% Printing & Advertising 194 771 2,950 3,142 2,377 - 2,377 765 76% Utilities 44,364 41,299 51,856 51,856 39,509 - 39,509 12,347 76% Repairs & Maintenance 699,746 637,358 692,525 636,132 608,379 12,749 621,128 15,004 98% 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 161,862 102,368 149,210 146,819 28,336 116 28,452 118,367 19% Debt Service Principal 590,097 874,648 953,898 954,165 891,039 - 891,039 63,125 93% Debt Service Interest & Fees 28,674 39,036 52,508 52,241 34,928 - 34,928 17,313 67% Total Services & Charges 1,796,145 2,087,736 2,617,947 3,100,609 2,253,194 301,856 2,555,050 545,559 82% Operating Expenditures 6,715,125 6,981,451 8,092,653 8,713,741 6,712,801 375,680 7,088,481 1,625,261 81% Capital 102,840 1,571,080 775,000 1,812,528 155,986 1,418,410 1,574,396 238,132 87% Bad Debt 4,042 - - - - - - - - Interfund Allocations 1,534,987 1,419,756 1,329,582 1,329,582 1,107,985 - 1,107,985 221,597 83% Total Expenditures 8,356,994 9,972,287 10,197,235 11,855,851 7,976,772 1,794,090 9,770,862 2,084,990 82% Net Surplus / (Deficit)1,881,123 (1,812,522) (344,837) (1,933,776) 699,572 (1,094,519) 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 2,838,639 5,674,250 Cash Reserves Target 2,089,248 2,493,072 2,963,963 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. City of South Bend, Indiana Monthly Financial Report November 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 2,879,448 2,879,448 170,552 94% Interest Earnings 12,589 9,704 285 8,785 22,391 22,391 (13,606) 255% 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 3,789,847 3,789,847 156,946 96% Expenditures by Type Personnel Salaries & Wages 221,144 247,754 429,064 429,364 252,315 - 252,315 177,049 59% Fringe Benefits 103,529 110,873 159,953 159,953 122,948 - 122,948 37,005 77% Total Personnel 324,673 358,626 589,017 589,317 375,264 - 375,264 214,054 64% Supplies 1,165,290 1,099,093 1,516,135 2,054,007 1,725,625 123,782 1,849,407 204,600 90% Services & Charges Professional Services - 249,700 - - - - - - - Repairs & Maintenance 1,042,462 568,445 1,419,325 1,816,325 1,375,203 178,199 1,553,402 262,923 86% Debt Service Principal - - 175,924 176,214 91,621 - 91,621 84,593 52% Debt Service Interest & Fees - - 22,033 21,743 2,144 - 2,144 19,599 10% Total Services & Charges 1,042,462 818,145 1,617,282 2,014,282 1,468,967 178,199 1,647,167 367,115 82% 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 5,545,613 3,753,972 964,772 4,718,744 826,869 85% Net Surplus / (Deficit)465,321 922,169 (672,149) (1,598,821) 35,875 (928,897) Beginning Cash Balance 650,402 1,126,297 2,042,332 Cash Adjustments 10,574 (6,134) - Ending Cash Balance 1,126,297 2,042,332 443,512 2,073,887 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 City of South Bend, Indiana Monthly Financial Report November 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 5,758,897 5,758,897 341,103 94% Intergov./ Grants - 123,272 - - - - - - Licenses & Permits 300 1,975 1,500 1,500 2,100 2,100 (600) 140% Charges for Services 290,475 224,847 262,300 256,455 104,484 104,484 151,971 41% Interest Earnings 52,340 33,222 19,920 28,420 69,941 69,941 (41,521) 246% 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 43,626 43,626 (4,604) 112% Interfund Allocation Reimb 149,020 150,163 187,963 187,963 156,636 156,636 31,327 83% Interfund Transfers In 4,937,750 3,500,000 5,550,000 5,550,000 4,625,000 4,625,000 925,000 83% Total Revenue 13,235,863 11,373,598 13,827,683 13,868,867 12,466,190 12,466,190 1,402,676 90% Expenditures by Fund Motor Vehicle Highway (#202)8,356,994 9,972,287 10,197,235 11,855,851 7,976,772 1,794,090 9,770,862 2,084,989 82% MVH Restricted (#266)2,532,426 2,291,664 4,647,434 5,545,613 3,753,972 964,772 4,718,744 826,868 85% Total Expenditures 10,889,419 12,263,951 14,844,669 17,401,464 11,730,744 2,758,863 14,489,606 2,911,857 83% Expenditures by Activity Streets / Traffic & Lighting 9,686,646 10,943,687 12,964,770 14,981,602 10,309,964 2,454,891 12,764,855 2,216,747 85% Curb & Sidewalk Program 1,202,773 1,320,264 1,879,899 2,419,862 1,420,780 303,972 1,724,751 695,111 71% Total Expenditures 10,889,419 12,263,951 14,844,669 17,401,464 11,730,744 2,758,863 14,489,606 2,911,858 83% Expenditures by Type Personnel Salaries & Wages 2,936,488 3,074,589 3,759,584 3,759,584 2,859,249 - 2,859,249 900,335 76% Fringe Benefits 1,241,911 1,279,038 1,583,345 1,583,345 1,209,689 - 1,209,689 373,656 76% Total Personnel 4,178,400 4,353,627 5,342,929 5,342,929 4,068,938 - 4,068,938 1,273,991 76% Supplies 2,230,544 1,997,807 2,236,929 2,913,527 2,491,557 197,606 2,689,163 224,364 92% Services & Charges Professional Services 255,097 639,109 700,000 1,239,963 635,199 288,991 924,190 315,773 75% Printing & Advertising 194 771 2,950 3,142 2,377 - 2,377 765 76% Utilities 44,364 41,299 51,856 51,856 39,509 - 39,509 12,347 76% Repairs & Maintenance 1,742,208 1,205,803 2,111,850 2,452,457 1,983,581 190,948 2,174,530 277,927 89% 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 161,862 102,368 149,210 146,819 28,336 116 28,452 118,367 19% Debt Service Principal 590,097 874,648 1,129,822 1,130,378 982,660 - 982,660 147,718 87% Debt Service Interest & Fees 28,674 39,036 74,541 73,985 37,072 - 37,072 36,912 50% Total Services & Charges 2,838,607 2,905,881 4,235,229 5,114,891 3,722,161 480,056 4,202,217 912,674 82% Operating Expenditures 9,247,550 9,257,315 11,815,087 13,371,347 10,282,656 677,662 10,960,318 2,411,029 82% Capital 102,840 1,586,880 1,700,000 2,700,535 340,102 2,081,201 2,421,303 279,232 90% Bad Debt 4,042 - - - - - - - - Interfund Allocations 1,534,987 1,419,756 1,329,582 1,329,582 1,107,985 - 1,107,985 221,597 83% Total Expenditures 10,889,419 12,263,951 14,844,669 17,401,464 11,730,744 2,758,863 14,489,606 2,911,858 83% Net Surplus / (Deficit)2,346,444 (890,352) (1,016,986) (3,532,597) 735,447 (2,023,416) 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 3,282,151 7,748,138 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. City of South Bend, Indiana Monthly Financial Report November 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 1,834,117 1,834,117 (4,965) 100% Intergov./ Grants 101,082 670,528 947,000 936,490 145,348 145,348 791,142 16% Interest Earnings 43,781 18,850 7,417 7,417 30,572 30,572 (23,155) 412% 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 2,020,548 2,020,548 763,022 73% Expenditures by Type Supplies 4,468 367,364 350,000 133,184 43,336 28,538 71,874 61,311 54% Services & Charges Professional Services 200,078 459,207 1,170,000 1,742,455 509,583 1,078,262 1,587,845 154,610 91% Repairs & Maintenance 795,967 534,977 250,000 168,494 125,774 42,720 168,494 - 100% Other Services & Charges 2,094 8,202 - - - - - - - Total Services & Charges 998,139 1,002,386 1,420,000 1,910,949 635,357 1,120,982 1,756,339 154,610 92% Capital 1,552,078 543,198 300,000 612,767 191,418 292,217 483,635 129,132 79% Interfund Transfers Out 1,000,000 2,000,000 1,000,000 1,000,000 1,000,000 - 1,000,000 - 100% Total Expenditures 3,554,685 3,912,948 3,070,000 3,656,900 1,870,111 1,441,737 3,311,848 345,053 91% Net Surplus / (Deficit)(1,609,236) (1,284,072) (286,431) (873,331) 150,437 (1,291,300) 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 2,515,589 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 City of South Bend, Indiana Monthly Financial Report November 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 3,051 3,051 (2,208) 362% Other Income - 1,500 - - - - - - Total Revenue 145,354 2,969 543 843 3,051 3,051 (2,208) 362% 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) 3,051 (53,899) Beginning Cash Balance 170,735 266,588 245,630 Cash Adjustments 293 - - Ending Cash Balance 266,588 245,630 189,523 247,784 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 City of South Bend, Indiana Monthly Financial Report November 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 1,350,100 1,350,100 (350,100) 135% Interest Earnings 7,642 4,832 1,049 2,427 20,049 20,049 (17,622) 826% Other Income - - - - - - - - Interfund Transfers In 1,522,365 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 - 100% Total Revenue 2,632,372 1,795,904 2,001,049 2,002,427 2,370,149 2,370,149 (367,722) 118% Expenditures by Type Services & Charges Repairs & Maintenance 1,691,081 2,482,521 2,000,000 2,923,443 594,751 2,226,360 2,821,111 102,331 96% Other Services & Charges - - - - - - - - - Total Services & Charges 1,691,081 2,482,521 2,000,000 2,923,443 594,751 2,226,360 2,821,111 102,331 96% Capital - - - - - - - - - Total Expenditures 1,691,081 2,482,521 2,000,000 2,923,443 594,751 2,226,360 2,821,111 102,331 96% Net Surplus / (Deficit)941,291 (686,618) 1,049 (921,016) 1,775,398 (450,962) Beginning Cash Balance 449,431 1,391,493 704,875 Cash Adjustments 770 - - Ending Cash Balance 1,391,493 704,875 (216,141) 2,472,476 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 City of South Bend, Indiana Monthly Financial Report November 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 - - 32,517 32,517 (32,517) - Interest Earnings 17,411 9,556 3,481 6,250 25,102 25,102 (18,852) 402% Other Income 493,328 493,328 493,328 493,328 493,328 493,328 - 100% Total Revenue 511,407 587,639 496,809 499,578 550,947 550,947 (51,369) 110% Expenditures by Type Supplies - - 350,000 350,000 337,799 - 337,799 12,201 97% Services & Charges Professional Services 108,890 57,027 - 489,238 189,798 296,855 486,653 2,585 99% Repairs & Maintenance 44,201 - 450,000 450,000 450,000 - 450,000 - 100% Total Services & Charges 153,090 57,027 450,000 939,238 639,798 296,855 936,653 2,585 100% Capital 649,253 27,855 500,000 500,000 70,305 130,926 201,231 298,769 40% Interfund Transfers Out 522,365 - - - - - - - - Total Expenditures 1,324,708 84,882 1,300,000 1,789,238 1,047,902 427,782 1,475,684 313,555 82% Net Surplus / (Deficit)(813,301) 502,758 (803,191) (1,289,660) (496,956) (924,737) 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 1,835,289 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 City of South Bend, Indiana Monthly Financial Report November 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 33,923 33,923 (21,923) 283% Interfund Transfers In - 8,601,026 - - - - - - Total Revenue - 8,622,248 - 12,000 33,923 33,923 (21,923) 283% Expenditures by Type Capital - 3,785,766 - 3,815,260 1,550,366 1,900,729 3,451,095 364,165 90% Interfund Transfers Out - 1,000,000 - - - - - - - Total Expenditures - 4,785,766 - 3,815,260 1,550,366 1,900,729 3,451,095 364,165 90% Net Surplus / (Deficit)- 3,836,482 - (3,803,260) (1,516,443) (3,417,172) Beginning Cash Balance - - 3,836,482 Cash Adjustments - - - Ending Cash Balance - 3,836,482 33,222 2,456,631 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. City of South Bend, Indiana Monthly Financial Report November 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 6,380,780 6,380,780 17,420 100% Interest Earnings 2,362 781 - 2,000 2,715 2,715 (715) 136% Other Income 98,540 49,951 45,000 64,374 63,265 63,265 1,109 98% Interfund Transfers In 250,000 1,796,371 - 263,149 263,687 263,687 (538) 100% Total Revenue 6,007,008 7,939,316 6,443,200 6,727,723 6,710,446 6,710,446 17,276 100% Expenditures by Type Personnel Salaries & Wages 1,151,775 1,116,262 1,294,255 1,324,255 1,110,746 - 1,110,746 213,509 84% Fringe Benefits 491,924 450,803 625,177 595,177 437,723 - 437,723 157,454 74% Total Personnel 1,643,699 1,567,066 1,919,432 1,919,432 1,548,469 - 1,548,469 370,963 81% Supplies 328,387 314,035 448,120 459,050 400,314 6,760 407,074 51,976 89% Services & Charges Printing & Advertising 504 4,106 5,193 40,868 13,059 190 13,249 27,619 32% Repairs & Maintenance 1,156,210 1,249,530 1,030,000 1,030,000 1,738,704 - 1,738,704 (708,704) 169% 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 1,253,578 1,038,185 56,436 1,094,622 158,956 87% Debt Service Principal - 250,000 - - - - - - - Total Services & Charges 2,320,333 2,647,575 2,271,977 2,354,346 2,790,128 56,626 2,846,754 (492,409) 121% Operating Expenditures 4,292,419 4,528,676 4,639,529 4,732,828 4,738,911 63,386 4,802,297 (69,470) 101% Bad Debt 35,467 24,584 62,273 62,273 663,173 - 663,173 (600,900) 1065% Interfund Interfund Allocations 958,978 1,185,129 1,187,501 1,187,501 989,584 - 989,584 197,917 83% Interfund Transfers Out 979,213 867,967 1,124,161 1,124,161 968,798 - 968,798 155,363 86% Total Interfund 1,938,191 2,053,096 2,311,662 2,311,662 1,958,382 - 1,958,382 353,280 85% Total Expenditures 6,266,076 6,606,356 7,013,464 7,106,763 7,360,466 63,386 7,423,853 (317,090) 104% Net Surplus / (Deficit)(259,069) 1,332,960 (570,264) (379,040) (650,020) (713,407) Beginning Cash Balance 449,145 87,032 906,471 Cash Adjustments (103,044) (513,522) - Ending Cash Balance 87,032 906,471 527,431 266,670 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 City of South Bend, Indiana Monthly Financial Report November 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 1,690 1,690 (1,140) 307% 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 1,124,161 968,798 968,798 155,363 86% Total Revenue 1,355,159 1,626,271 2,554,161 2,684,437 2,530,214 2,530,214 154,223 94% Expenditures by Type Services & Charges Debt Service Principal 927,626 843,122 1,061,327 1,061,836 950,448 - 950,448 111,388 90% Debt Service Interest & Fees 51,027 37,977 62,834 62,325 31,216 - 31,216 31,109 50% Total Services & Charges 978,653 881,100 1,124,161 1,124,161 981,664 - 981,664 142,497 87% 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 1,739,934 1,294,726 3,034,660 428,362 88% Net Surplus / (Deficit)323,090 391,036 - (778,585) 790,280 (504,446) Beginning Cash Balance 64,925 388,126 779,163 Cash Adjustments 111 - - Ending Cash Balance 388,126 779,163 578 1,569,154 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 City of South Bend, Indiana Monthly Financial Report November 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 17,770,134 17,770,134 2,250,237 89% Interest Earnings 29,477 28,409 15,362 35,362 85,916 85,916 (50,554) 243% Other Income 30,256 23,582 20,000 105,912 41,394 41,394 64,518 39% Interfund Allocation Reimb 1,788,327 1,856,424 1,414,701 1,414,701 1,178,918 1,178,918 235,784 83% Interfund Transfers In 83,727 656,984 - 294,102 294,627 294,627 (525) 100% Total Revenue 21,461,793 21,989,022 21,470,434 21,870,448 19,370,989 19,370,989 2,499,460 89% Expenditures by Type Personnel Salaries & Wages 3,387,258 3,192,897 3,894,196 3,910,196 3,184,741 - 3,184,741 725,455 81% Fringe Benefits 1,442,985 1,353,254 1,764,581 1,748,581 1,374,812 - 1,374,812 373,769 79% Total Personnel 4,830,243 4,546,151 5,658,777 5,658,777 4,559,553 - 4,559,553 1,099,224 81% Supplies 1,266,625 1,039,704 1,531,847 2,287,196 1,519,162 415,584 1,934,746 352,450 85% Services & Charges Professional Services 850,848 749,968 656,560 1,276,008 719,002 229,394 948,395 327,612 74% Printing & Advertising 2,209 2,029 10,359 11,105 4,533 653 5,186 5,919 47% Utilities 752,924 774,893 825,700 834,700 788,955 - 788,955 45,745 95% Repairs & Maintenance 388,841 465,164 446,700 599,744 378,614 45,710 424,324 175,420 71% Education & Training 10,322 20,142 32,675 33,875 9,046 6,571 15,617 18,258 46% Travel 2,754 - 18,750 8,750 - - - 8,750 0% Other Services & Charges 2,998,135 2,896,198 3,079,422 3,693,489 2,446,807 134,540 2,581,348 1,112,142 70% Debt Service Principal 401,882 296,671 201,048 201,048 201,048 - 201,048 - 100% Debt Service Interest & Fees 15,525 8,064 3,132 3,132 3,131 - 3,131 1 100% Total Services & Charges 5,423,441 5,213,129 5,274,346 6,661,850 4,551,137 416,867 4,968,004 1,693,847 75% Operating Expenditures 11,520,310 10,798,983 12,464,970 14,607,823 10,629,851 832,451 11,462,302 3,145,521 78% Bad Debt 99,420 51,503 100,000 100,000 1,091,078 - 1,091,078 (991,078) 1091% Interfund Interfund Allocations 2,184,334 2,267,793 2,342,714 2,342,714 1,952,262 - 1,952,262 390,452 83% PILOT 1,629,442 1,611,201 1,613,639 1,613,639 1,613,639 - 1,613,639 - 100% Interfund Transfers Out 5,166,931 4,951,702 6,649,430 6,649,430 5,556,486 - 5,556,486 1,092,944 84% Total Interfund 8,980,707 8,830,696 10,605,783 10,605,783 9,122,387 - 9,122,387 1,483,396 86% Total Expenditures 20,600,437 19,681,182 23,170,753 25,313,606 20,843,316 832,451 21,675,767 3,637,839 86% Net Surplus / (Deficit)861,356 2,307,840 (1,700,319) (3,443,158) (1,472,327) (2,304,778) Beginning Cash Balance 4,204,418 4,840,727 6,550,457 Cash Adjustments (225,047) (598,110) - Ending Cash Balance 4,840,727 6,550,457 3,107,299 5,284,449 Cash Reserves Target 1,030,022 984,059 1,265,680 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. City of South Bend, Indiana Monthly Financial Report November 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 236,907 171,959 210,000 210,000 251,897 251,897 (41,897) 120% Interest Earnings 51,626 50,372 2,173 32,000 139,091 139,091 (107,091) 435% Other Income 9,568 11,040 - - 7,084 7,084 (7,084) - Interfund Transfers In 3,862,000 3,373,000 3,987,000 3,971,704 3,322,500 3,322,500 649,204 84% Total Revenue 4,160,101 3,606,371 4,199,173 4,213,704 3,720,571 3,720,571 493,132 88% Expenditures by Type Services & Charges Professional Services 31,704 22,740 100,000 309,347 42,253 17,093 59,347 250,000 19% Total Services & Charges 31,704 22,740 100,000 309,347 42,253 17,093 59,347 250,000 19% Capital 726,784 1,511,591 8,887,000 12,425,940 2,367,137 4,773,234 7,140,371 5,285,569 57% Bad Debt - (428) - - - - - - - Total Expenditures 758,488 1,533,903 8,987,000 12,735,287 2,409,390 4,790,327 7,199,717 5,535,569 57% Net Surplus / (Deficit)3,401,613 2,072,468 (4,787,827) (8,521,583) 1,311,181 (3,479,146) 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 10,957,036 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. City of South Bend, Indiana Monthly Financial Report November 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 - - 10,755 10,755 (10,755) - Total Revenue 11,222 7,493 - - 10,755 10,755 (10,755) - Expenditures Interfund Transfers Out 16,448 7,493 - - - - - - - Total Expenditures 16,448 7,493 - - - - - - - Net Surplus / (Deficit)(5,227) - - - 10,755 10,755 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 1,308,280 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 City of South Bend, Indiana Monthly Financial Report November 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 - - 14,935 14,935 (14,935) - Interfund Transfers In 1,218,000 1,508,702 2,662,430 2,662,430 2,218,690 2,218,690 443,740 83% Total Revenue 1,226,907 1,511,520 2,662,430 2,662,430 2,233,625 2,233,625 428,805 84% 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 443,037 417,148 723,157 723,157 195,723 - 195,723 527,434 27% Total Services & Charges 1,501,136 1,511,025 2,662,430 2,662,430 195,723 - 195,723 2,466,707 7% Interfund Transfers Out 10,069 2,818 - - - - - - - Total Expenditures 1,511,205 1,513,843 2,662,430 2,662,430 195,723 - 195,723 2,466,707 7% Net Surplus / (Deficit)(284,298) (2,323) - - 2,037,902 2,037,902 Beginning Cash Balance 286,131 2,323 - Cash Adjustments 491 - - Ending Cash Balance 2,323 - - 2,031,102 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 City of South Bend, Indiana Monthly Financial Report November 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 11,674 11,674 (11,652) 53064% Total Revenue 12,438 8,191 - 22 11,674 11,674 (11,652) 53064% Expenditures Interfund Transfers Out 20,000 8,188 - - - - - - - Total Expenditures 20,000 8,188 - - - - - - - Net Surplus / (Deficit)(7,562) 4 - 22 11,674 11,674 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 1,429,428 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 City of South Bend, Indiana Monthly Financial Report November 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 - - 24,026 24,026 (24,026) - Interfund Transfers In 16,931 - - 15,296 15,296 15,296 - 100% Total Revenue 42,357 17,168 - 15,296 39,322 39,322 (24,026) 257% Expenditures Interfund Transfers Out 37,210 17,168 - - - - - - - Total Expenditures 37,210 17,168 - - - - - - - Net Surplus / (Deficit)5,147 - - 15,296 39,322 39,322 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 2,941,330 Cash Reserves Target 2,572,765 2,455,404 3,111,318 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 City of South Bend, Indiana Monthly Financial Report November 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 672,463 697,338 659,500 659,500 643,927 643,927 15,573 98% Interest Earnings 18,620 12,053 16,020 16,020 24,205 24,205 (8,185) 151% Other Income - - - - - - - - Interfund Transfers In - - - 48,167 48,167 48,167 - 100% Total Revenue 691,083 709,391 675,520 723,687 716,299 716,299 7,388 99% Expenditures by Type Personnel Salaries & Wages 116,128 119,441 128,227 128,227 107,957 - 107,957 20,270 84% Fringe Benefits 51,106 52,566 55,297 55,297 50,420 - 50,420 4,877 91% Total Personnel 167,234 172,007 183,524 183,524 158,377 - 158,377 25,147 86% Supplies 26,545 34,659 65,500 65,500 38,493 2,104 40,596 24,904 62% Services & Charges Printing & Advertising - - 350 350 - - - 350 0% Repairs & Maintenance 507,227 422,857 401,000 641,000 425,823 24,498 450,321 190,679 70% Other Services & Charges 6,875 - - - - - - - - Total Services & Charges 514,102 422,857 401,350 641,350 425,823 24,498 450,321 191,029 70% Operating Expenditures 707,880 629,522 650,374 890,374 622,692 26,602 649,294 241,080 73% Bad Debt 3,705 1,891 6,500 6,500 57,482 - 57,482 (50,982) 884% Interfund Allocations 84,511 91,901 96,195 96,195 80,163 - 80,163 16,033 83% Total Expenditures 796,097 723,314 753,069 993,069 760,337 26,602 786,938 206,131 79% Net Surplus / (Deficit)(105,014) (13,923) (77,549) (269,382) (44,038) (70,639) 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 1,734,479 1,963,063 Cash Reserves Target 199,024 180,829 248,267 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 City of South Bend, Indiana Monthly Financial Report November 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 36,975,349 36,975,349 1,423,601 96% Interest Earnings 80,803 69,545 10,333 77,000 220,764 220,764 (143,764) 287% Other Income 36,100 276,595 5,142 92,480 106,610 106,610 (14,130) 115% Interfund Allocation Reimb 446,759 449,895 463,761 463,761 386,468 386,468 77,294 83% Interfund Transfers In 77,322 1,697,758 - 414,387 415,513 415,513 (1,126) 100% Total Revenue 37,610,549 41,265,804 38,878,186 39,446,578 38,104,703 38,104,703 1,341,875 97% Expenditures by Division Sewers 5,816,750 6,803,434 6,687,529 7,983,494 7,141,329 1,055,630 8,196,959 (213,465) 103% Concrete Crew 416,511 466,063 556,545 563,540 463,674 1,037 464,711 98,829 82% Wastewater 33,360,472 29,353,258 32,667,861 36,261,425 28,220,437 2,774,966 30,995,404 5,266,021 85% Organic Resources 1,587,652 1,326,459 1,508,008 1,703,040 1,418,268 19,375 1,437,643 265,397 84% Total Expenditures 41,181,385 37,949,214 41,419,943 46,511,498 37,243,708 3,851,008 41,094,716 5,416,782 88% Expenditures by Type Personnel Salaries & Wages 4,716,820 4,777,198 5,469,187 5,470,387 4,495,726 - 4,495,726 974,661 82% Fringe Benefits 1,973,822 1,956,552 2,367,307 2,366,107 1,848,609 - 1,848,609 517,498 78% Total Personnel 6,690,642 6,733,749 7,836,494 7,836,494 6,344,335 - 6,344,335 1,492,159 81% Supplies 1,666,866 1,569,805 2,038,904 2,730,949 2,044,614 241,009 2,285,623 445,326 84% Services & Charges Professional Services 849,692 399,309 210,000 2,182,767 551,081 1,467,355 2,018,436 164,331 92% Printing & Advertising 849 1,623 6,749 6,749 1,062 56 1,118 5,631 17% Utilities 1,101,420 1,160,652 1,322,556 1,322,556 1,157,134 - 1,157,134 165,422 87% Repairs & Maintenance 1,455,801 1,677,510 2,115,850 2,575,814 1,566,297 594,335 2,160,633 415,181 84% Education & Training 12,122 15,176 36,500 36,374 15,229 6,143 21,371 15,003 59% Travel 6,202 356 38,000 39,500 10,140 - 10,140 29,360 26% Other Services & Charges 2,439,052 3,157,093 2,079,655 4,018,451 1,763,520 1,536,110 3,299,630 718,820 82% Debt Service Principal 514,260 294,414 188,483 188,483 188,482 - 188,482 1 100% Debt Service Interest & Fees 16,278 7,815 2,936 2,936 2,935 - 2,935 1 100% Total Services & Charges 6,395,675 6,713,948 6,000,729 10,373,629 5,255,881 3,603,999 8,859,880 1,513,750 85% Operating Expenditures 14,753,183 15,017,502 15,876,127 20,941,072 13,644,830 3,845,008 17,489,838 3,451,235 84% Capital - - - 26,610 20,610 6,000 26,610 - 100% Bad Debt 158,420 83,831 225,000 225,000 1,734,978 - 1,734,978 (1,509,978) 771% Interfund Interfund Allocations 5,645,332 6,312,945 6,081,041 6,081,041 5,067,534 - 5,067,534 1,013,507 83% PILOT 4,592,349 4,543,120 4,465,686 4,465,686 4,465,686 - 4,465,686 - 100% Interfund Transfers Out 16,032,102 11,991,816 14,772,089 14,772,089 12,310,070 - 12,310,070 2,462,019 83% Total Interfund 26,269,783 22,847,881 25,318,816 25,318,816 21,843,290 - 21,843,290 3,475,526 86% Total Expenditures 41,181,385 37,949,214 41,419,943 46,511,498 37,243,708 3,851,008 41,094,716 5,416,783 88% Net Surplus / (Deficit)(3,570,836) 3,316,590 (2,541,757) (7,064,920) 860,996 (2,990,013) Beginning Cash Balance 15,409,455 11,466,153 13,825,371 Cash Adjustments (372,465) (957,372) - Ending Cash Balance 11,466,153 13,825,371 6,760,451 14,608,584 Cash Reserves Target 2,059,069 1,897,461 2,325,575 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. City of South Bend, Indiana Monthly Financial Report November 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 547,367 539,730 339,000 339,000 105,684 105,684 233,316 31% Interest Earnings 137,764 87,851 1,399 42,500 180,131 180,131 (137,631) 424% Other Income 17,342 24,656 - - 19,550 19,550 (19,550) - Interfund Transfers In 7,911,000 5,946,370 3,693,000 3,874,147 3,258,647 3,258,647 615,500 84% Total Revenue 8,613,472 6,598,607 4,033,399 4,255,647 3,564,013 3,564,013 691,635 84% Expenditures by Type Services & Charges Professional Services - - 2,400,000 2,400,000 18,900 981,248 1,000,148 1,399,852 58% Total Services & Charges - - 2,400,000 2,400,000 18,900 981,248 1,000,148 1,399,852 42% Capital 4,248,134 6,048,729 8,293,000 12,214,348 3,279,167 1,636,414 4,915,581 7,298,767 40% Bad Debt - (1,031) - - - - - - - Total Expenditures 4,248,134 6,047,698 10,693,000 14,614,348 3,298,067 2,617,662 5,915,729 8,698,619 40% Net Surplus / (Deficit)4,365,338 550,908 (6,659,601) (10,358,701) 265,945 (2,351,716) 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 4,001,007 14,651,683 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 City of South Bend, Indiana Monthly Financial Report November 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 - - 45,549 45,549 (45,549) - Interfund Transfers In - - - - - - - - Total Revenue 48,416 32,719 - - 45,549 45,549 (45,549) - Expenditures Interfund Transfers Out 71,004 32,719 - - - - - - - Total Expenditures 71,004 32,719 - - - - - - - Net Surplus / (Deficit)(22,588) - - - 45,549 45,549 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 5,576,169 Cash Reserves Target 4,192,386 4,327,098 5,290,960 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 City of South Bend, Indiana Monthly Financial Report November 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 - 51,103 51,103 (51,103) - Debt Proceeds 5,743,815 14,339,893 - - - - - - Interfund Transfers In 8,110,581 7,845,090 11,079,089 11,107,089 9,260,570 9,260,570 1,846,519 83% Total Revenue 13,896,394 22,204,969 11,091,164 11,107,089 9,311,673 9,311,673 1,795,416 84% Expenditures by Type Services & Charges Debt Service Principal 11,716,557 20,236,844 8,699,185 8,699,185 6,275,000 - 6,275,000 2,424,185 72% Debt Service Interest & Fees 1,948,613 1,779,749 2,379,904 2,407,904 1,238,373 - 1,238,373 1,169,531 51% Total Services & Charges 13,665,170 22,016,593 11,079,089 11,107,089 7,513,373 - 7,513,373 3,593,716 68% Interfund Transfers Out - 1,509,210 - - - - - - - Total Expenditures 13,665,170 23,525,803 11,079,089 11,107,089 7,513,373 - 7,513,373 3,593,716 68% Net Surplus / (Deficit)231,224 (1,320,833) 12,075 - 1,798,300 1,798,300 Beginning Cash Balance 1,087,745 1,320,833 - Cash Adjustments 1,865 - - Ending Cash Balance 1,320,833 - - 1,782,001 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 City of South Bend, Indiana Monthly Financial Report November 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 30,770 30,770 5,877 84% Interfund Transfers In - 1,509,210 - - - - - - Total Revenue 20,901 1,509,481 36,647 36,647 30,770 30,770 5,877 84% 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 30,770 30,770 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 3,766,897 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 City of South Bend, Indiana Monthly Financial Report November 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 - - 9,135 9,135 (9,135) - Total Revenue 4,641 4,446 - - 9,135 9,135 (9,135) - Expenditures Interfund Transfers Out 6,318 4,446 - - - - - - - Total Expenditures 6,318 4,446 - - - - - - - Net Surplus / (Deficit)(1,677) - - - 9,135 9,135 Beginning Cash Balance 413,157 649,073 903,840 Cash Adjustments 237,593 254,768 - Ending Cash Balance 649,073 903,840 903,840 1,152,693 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 City of South Bend, Indiana Monthly Financial Report November 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 446,136 466,321 451,610 451,610 417,273 417,273 34,337 92% Interest Earnings 4,176 2,322 2,244 2,244 4,360 4,360 (2,116) 194% Interfund Transfers In - - - 36,158 36,158 36,158 - 100% Total Revenue 450,312 468,643 453,854 490,012 457,791 457,791 32,221 93% Expenditures by Type Personnel Salaries & Wages 56,338 40,726 83,136 83,136 19,778 - 19,778 63,359 24% Fringe Benefits 4,376 3,115 6,360 6,360 1,575 - 1,575 4,785 25% Total Personnel 60,714 43,841 89,496 89,496 21,353 - 21,353 68,144 24% Supplies 4,764 3,980 7,250 7,250 5,934 999 6,933 317 96% Services & Charges Other Services & Charges - - - - - - - - - Total Services & Charges - - - - - - - - - Operating Expenditures 65,478 47,821 96,746 96,746 27,287 999 28,286 68,461 29% Bad Debt 2,634 1,793 6,500 6,500 42,739 - 42,739 (36,239) 658% Interfund Interfund Allocations 42,385 37,736 46,462 46,462 38,718 - 38,718 7,744 83% Interfund Transfers Out 300,000 500,000 300,000 300,000 250,000 - 250,000 50,000 83% Total Interfund 342,385 537,736 346,462 346,462 288,718 - 288,718 57,744 83% Total Expenditures 410,497 587,350 449,708 449,708 358,744 999 359,743 89,966 80% Net Surplus / (Deficit)39,815 (118,707) 4,146 40,304 99,047 98,048 Beginning Cash Balance 398,183 425,913 282,057 Cash Adjustments (12,085) (25,149) - Ending Cash Balance 425,913 282,057 322,361 386,924 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 City of South Bend, Indiana Monthly Financial Report November 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 1,147,200 950,241 950,241 196,959 83% Intergov./ Grants - 68,000 - - - - - - Interest Earnings 4,831 7,492 4,172 6,000 21,647 21,647 (15,647) 361% 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 1,057,530 1,057,530 181,312 85% Expenditures by Type Services & Charges Professional Services 11,085 74,572 200,000 457,213 177,072 264,743 441,815 15,397 97% Other Services & Charges - - - - - - - - - Total Services & Charges 11,085 74,572 200,000 457,213 177,072 264,743 441,815 15,397 97% Capital 90,050 436,855 824,000 1,814,243 1,095,736 209,115 1,304,851 509,392 72% Bad Debt 3,186 175 - - 83,761 - 83,761 (83,761) - Total Expenditures 104,322 511,602 1,024,000 2,271,456 1,356,570 473,858 1,830,428 441,028 81% Net Surplus / (Deficit)938,407 628,227 127,372 (1,032,614) (299,040) (772,898) 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 1,315,275 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 City of South Bend, Indiana Monthly Financial Report November 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 20,121 20,121 (15,121) 402% Interest Earnings 1,895 993 896 896 2,238 2,238 (1,342) 250% Other Income 18 - - - - - - - Interfund Transfers In - 7,636 - - - - - - Total Revenue 6,591 31,299 5,896 5,896 22,358 22,358 (16,463) 379% 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) 22,358 22,358 Beginning Cash Balance 238,323 213,569 173,825 Cash Adjustments 409 - - Ending Cash Balance 213,569 173,825 135,221 195,503 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 City of South Bend, Indiana Monthly Financial Report November 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 14,059 - 14,059 4,740 75% Total Expenditures - - 18,799 18,799 14,059 - 14,059 4,740 75% Net Surplus / (Deficit)883 82 (18,799) (18,791) (13,880) (13,880) 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 City of South Bend, Indiana Monthly Financial Report November 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 - 252,783 390,016 390,016 (137,233) 154% Charges for Services 148,550 115,024 115,000 115,000 125,268 125,268 (10,268) 109% Fines, Forfeitures, and Fees 92,751 89,648 101,200 101,200 101,335 101,335 (135) 100% Interest Earnings 3,849 2,229 4,889 3,005 7,616 7,616 (4,611) 253% Donations 2,000 500 1,000 1,000 785 785 215 79% Other Income 11,555 2,970 - 1,884 1,884 1,884 - 100% Interfund Transfers In - 73,512 352,373 352,373 218,353 218,353 134,020 62% Total Revenue 258,705 325,862 574,462 827,245 845,257 845,257 (18,012) 102% Expenditures by Type Supplies 62,084 193,652 137,000 228,199 198,761 3,657 202,418 25,781 89% Services & Charges Professional Services 1,136 188 - 2,000 1,929 - 1,929 71 96% Education & Training 81,558 131,259 90,000 165,375 166,601 4,054 170,655 (5,280) 103% Travel 20,646 28,840 51,500 36,745 46,236 1,505 47,741 (10,996) 130% Other Services & Charges 31,421 69,045 59,250 57,250 52,692 660 53,352 3,898 93% Total Services & Charges 134,762 229,333 200,750 261,370 267,457 6,219 273,676 (12,307) 105% 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 196,900 422,985 337,750 548,568 511,556 19,069 530,625 17,943 97% Net Surplus / (Deficit)61,806 (97,123) 236,712 278,677 333,701 314,632 Beginning Cash Balance 421,276 483,549 378,981 Cash Adjustments 467 (7,445) - Ending Cash Balance 483,549 378,981 657,658 705,932 Cash Reserves Target 49,225 105,746 137,142 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 City of South Bend, Indiana Monthly Financial Report November 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 8,443,129 8,443,129 725,425 92% Interest Earnings 33,595 25,015 10,000 10,000 24,262 24,262 (14,262) 243% Total Revenue 9,736,892 9,416,761 8,836,957 9,178,554 8,467,392 8,467,392 711,163 92% Expenditures by Department Police Department 4,619,654 4,737,560 6,344,523 6,344,523 5,124,420 - 5,124,420 1,220,103 81% Fire Department 4,330,886 4,880,453 6,344,524 6,344,524 5,124,420 - 5,124,420 1,220,104 81% Total Expenditures 8,950,540 9,618,013 12,689,047 12,689,047 10,248,840 - 10,248,840 2,440,207 81% Expenditures by Type Personnel Salaries & Wages 6,703,431 7,651,358 12,689,047 12,689,047 10,248,840 - 10,248,840 2,440,207 81% Fringe Benefits 2,247,109 1,966,655 - - - - - - - Total Personnel 8,950,540 9,618,013 12,689,047 12,689,047 10,248,840 - 10,248,840 2,440,207 81% Total Expenditures 8,950,540 9,618,013 12,689,047 12,689,047 10,248,840 - 10,248,840 2,440,207 81% Net Surplus / (Deficit)786,352 (201,253) (3,852,090) (3,510,493) (1,781,448) (1,781,448) 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 2,056,743 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 City of South Bend, Indiana Monthly Financial Report November 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 40,460 40,460 (19,740) 195% Interest Earnings 5,998 4,038 5,434 5,434 9,012 9,012 (3,578) 166% Total Revenue 11,478 18,678 11,154 26,154 49,472 49,472 (23,318) 189% 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) 49,472 49,472 Beginning Cash Balance 725,194 681,823 698,546 Cash Adjustments 2,928 (1,685) - Ending Cash Balance 681,823 698,546 674,700 745,337 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. City of South Bend, Indiana Monthly Financial Report November 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 City of South Bend, Indiana Monthly Financial Report November 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 1,807,707 1,807,707 85,145 96% Fines, Forfeitures, and Fees - 300 - - - - - - Interest Earnings 9,151 8,474 9,023 9,023 21,688 21,688 (12,665) 240% 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 35,574 35,574 (15,576) 178% Interfund Transfers In - - - - - - - - Total Revenue 4,192,303 2,125,468 4,231,873 4,276,873 3,219,969 3,219,969 1,056,904 75% Expenditures by Type Supplies - - - - - - - - - Services & Charges Debt Service Principal 343,971 662,651 1,132,508 1,132,950 833,022 - 833,022 299,928 74% Debt Service Interest & Fees 31,114 36,120 82,708 82,266 29,449 - 29,449 52,817 36% Total Services & Charges 375,085 698,771 1,215,216 1,215,216 862,471 - 862,471 352,745 71% Capital 1,925,268 1,029,049 2,610,000 4,834,466 671,760 2,599,672 3,271,432 1,563,034 68% Interfund Transfers Out 746,231 750,306 748,657 748,657 748,656 - 748,656 1 100% Total Expenditures 3,046,584 2,478,126 4,573,873 6,798,339 2,282,888 2,599,672 4,882,560 1,915,780 72% Net Surplus / (Deficit)1,145,719 (352,658) (342,000) (2,521,466) 937,081 (1,662,591) 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 3,688,784 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 City of South Bend, Indiana Monthly Financial Report November 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 City of South Bend, Indiana Monthly Financial Report November 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 3,000 3,000 7,000 30% Interest Earnings 243 165 256 256 353 353 (97) 138% Other Income - - - - - - - - Total Revenue 243 165 10,256 10,256 3,353 3,353 6,903 33% Expenditures by Type Supplies - - 10,000 10,000 200 - 200 9,800 2% Services & Charges Professional Services - - - - - - - - - Other Services & Charges - - - - - - - - - Total Services & Charges - - - - - - - - - Capital - - - - - - - - - Total Expenditures - - 10,000 10,000 200 - 200 9,800 2% Net Surplus / (Deficit)243 165 256 256 3,153 3,153 Beginning Cash Balance 27,647 27,937 28,102 Cash Adjustments 47 - - Ending Cash Balance 27,937 28,102 28,358 31,148 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 City of South Bend, Indiana Monthly Financial Report November 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 90,000 125,805 125,805 (35,805) 140% Interest Earnings 2,955 1,993 2,991 2,991 4,405 4,405 (1,414) 147% Other Income - 1,300 - - - - - - Total Revenue 57,555 97,843 92,991 92,991 130,210 130,210 (37,219) 140% Expenditures by Type Supplies 16,731 32,702 24,000 73,475 54,125 1,925 56,050 17,426 76% Services & Charges Professional Services - - - Printing & Advertising - - 1,300 1,300 - - - 1,300 0% Education & Training 425 13,608 9,000 22,000 21,479 - 21,479 521 98% 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 - - 575 - 575 (575) - Total Services & Charges 2,949 20,433 68,300 35,884 29,850 - 29,850 6,034 83% Capital - - - - - - - - - Total Expenditures 19,679 53,135 92,300 109,359 83,975 1,925 85,899 23,460 79% Net Surplus / (Deficit)37,876 44,708 691 (16,368) 46,236 44,311 Beginning Cash Balance 293,325 330,404 360,311 Cash Adjustments (797) (14,800) - Ending Cash Balance 330,404 360,311 343,943 392,948 Cash Reserves Target 4,920 13,284 27,340 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 City of South Bend, Indiana Monthly Financial Report November 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 City of South Bend, Indiana Monthly Financial Report November 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 City of South Bend, Indiana Monthly Financial Report November 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 City of South Bend, Indiana Monthly Financial Report November 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 98,041 98,041 (28,014) 140% Interest Earnings 723 192 697 697 1,002 1,002 (305) 144% Interfund Transfers In - - - 19,000 19,000 19,000 - 100% Total Revenue 723 58,110 25,697 89,724 118,043 118,043 (28,319) 132% Expenditures by Type Supplies - - 6,000 46,000 34,145 - 34,145 11,855 74% Services & Charges Professional Services - - - 10,000 9,999 - 9,999 1 100% Other Services & Charges - - - - - - - - - Total Services & Charges - - - 10,000 9,999 - 9,999 1 100% 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 59,979 - 59,979 18,521 76% Net Surplus / (Deficit)(30,277) (23,037) (2,803) 11,224 58,064 58,064 Beginning Cash Balance 113,552 83,275 60,237 Cash Adjustments - - - Ending Cash Balance 83,275 60,237 71,461 118,301 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 City of South Bend, Indiana Monthly Financial Report November 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 341,231 345,306 344,157 344,157 344,156 344,156 1 100% Total Revenue 341,231 345,306 344,157 344,157 344,156 344,156 1 100% Expenditures by Type Services & Charges Debt Service Principal 195,000 205,000 210,000 210,000 210,000 - 210,000 - 100% Debt Service Interest & Fees 146,231 140,306 134,157 134,157 134,156 - 134,156 1 100% Total Services & Charges 341,231 345,306 344,157 344,157 344,156 - 344,156 1 100% Total Expenditures 341,231 345,306 344,157 344,157 344,156 - 344,156 1 100% 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 City of South Bend, Indiana Monthly Financial Report November 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 3,926 3,926 (2,676) 314% Total Revenue 2,981 1,857 - 1,250 3,926 3,926 (2,676) 314% Expenditures by Type Capital 89,311 - - - - - - - - Total Expenditures 89,311 - - - - - - - - Net Surplus / (Deficit)(86,330) 1,857 - 1,250 3,926 3,926 Beginning Cash Balance 399,877 314,233 316,090 Cash Adjustments 686 - - Ending Cash Balance 314,233 316,090 317,340 318,861 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 City of South Bend, Indiana Monthly Financial Report November 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 4,061,778 4,061,778 - 100% Interest Earnings 2,205 1,809 11 311 5,301 5,301 (4,990) 1705% Other Income - - - 3,922 5,728 5,728 (1,806) 146% Total Revenue 4,325,739 4,103,087 4,521,270 4,066,011 4,072,807 4,072,807 (6,796) 100% Expenditures by Type Personnel Salaries & Wages 4,205,078 4,131,672 4,576,038 4,576,038 3,776,138 - 3,776,138 799,900 83% Total Personnel 4,205,078 4,131,672 4,576,038 4,576,038 3,776,138 - 3,776,138 799,900 83% Supplies - - 100 100 - - - 100 0% Services & Charges Professional Services 3,500 3,500 6,000 14,000 8,767 - 8,767 5,233 63% Travel - - 350 350 - - - 350 0% Other Services & Charges 679 1,296 1,400 1,400 1,004 - 1,004 396 72% Total Services & Charges 4,179 4,796 7,750 15,750 9,771 - 9,771 5,979 62% Total Expenditures 4,209,256 4,136,468 4,583,888 4,591,888 3,785,909 - 3,785,909 805,979 82% Net Surplus / (Deficit)116,482 (33,381) (62,618) (525,877) 286,898 286,898 Beginning Cash Balance 336,501 453,561 420,180 Cash Adjustments 577 - - Ending Cash Balance 453,561 420,180 (105,697) 705,769 Cash Reserves Target 420,926 413,647 459,189 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 City of South Bend, Indiana Monthly Financial Report November 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 6,010,721 6,010,721 4,381 100% Interest Earnings 3,126 2,305 4,310 4,310 8,006 8,006 (3,696) 186% 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 6,020,254 6,020,254 1,158 100% Expenditures by Type Personnel Salaries & Wages 6,186,554 5,958,435 6,049,340 6,049,340 5,471,492 - 5,471,492 577,848 90% Total Personnel 6,186,554 5,958,435 6,049,340 6,049,340 5,471,492 - 5,471,492 577,848 90% 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 1,400 832 - 832 568 59% Total Services & Charges 4,445 4,329 8,400 8,400 4,332 - 4,332 4,068 52% Total Expenditures 6,190,998 5,962,764 6,057,740 6,057,740 5,475,824 - 5,475,824 581,916 90% Net Surplus / (Deficit)(132,776) (5,646) 6,310 (36,328) 544,430 544,430 Beginning Cash Balance 698,148 566,569 560,923 Cash Adjustments 1,197 - - Ending Cash Balance 566,569 560,923 524,595 1,103,308 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 City of South Bend, Indiana Monthly Financial Report November 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 City of South Bend, Indiana Monthly Financial Report November 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 - 250 348 348 (98) 139% Charges for Services 2,760,462 2,922,965 3,196,581 3,108,794 3,199,984 3,199,984 (91,190) 103% Fines, Forfeitures, and Fees - 12 - - 24 24 (24) - Interest Earnings 7,167 20,758 50,000 15,000 38,911 38,911 (23,911) 259% Debt Proceeds - - 269,000 1,290,000 1,290,000 1,290,000 - 100% Donations 1,061,421 912,899 1,000,000 1,061,000 640,929 640,929 420,071 60% Other Income 127,858 132,135 314,941 377,287 290,373 290,373 86,914 77% Interfund Transfers In 800,000 1,232,541 119,221 119,221 99,351 99,351 19,870 83% Total Revenue 15,876,432 16,604,000 16,484,004 17,505,813 11,788,419 11,788,419 5,717,394 67% Expenditures by Division Park Administration 1,499,024 1,528,718 1,137,939 1,138,336 933,668 4,694 938,362 199,975 82% Park Maintenance 6,962,316 6,987,490 7,542,027 9,202,281 7,371,796 707,826 8,079,622 1,122,659 88% Golf Courses 1,501,398 1,700,799 1,831,495 1,856,271 1,835,884 75,697 1,911,581 (55,309) 103% Recreational Experiences 2,773,309 2,683,314 2,444,112 2,480,739 2,108,046 45,938 2,153,984 326,755 87% Community Programming - - 1,604,980 1,627,786 1,104,557 14,042 1,118,599 509,188 69% Development & Promotions 882,516 911,174 921,648 1,119,622 988,879 25,825 1,014,704 104,919 91% Park Projects & Capital 1,041,871 460,817 300,000 1,696,920 485,729 896,257 1,381,987 314,934 81% Potawatomi Zoo 700,000 701,965 701,803 701,803 701,503 - 701,503 301 100% Total Expenditures 15,360,434 14,974,277 16,484,004 19,823,760 15,530,061 1,770,279 17,300,340 2,523,422 87% Expenditures by Type Personnel Salaries & Wages 6,015,996 5,799,795 6,516,670 6,573,570 5,678,232 - 5,678,232 895,338 86% Fringe Benefits 2,133,462 2,037,827 2,319,980 2,333,053 1,930,972 789 1,931,761 401,292 83% Total Personnel 8,149,458 7,837,623 8,836,650 8,906,623 7,609,204 789 7,609,993 1,296,630 85% Supplies 1,173,909 1,372,042 1,514,568 1,548,573 1,481,659 119,440 1,601,099 (52,526) 103% Services & Charges Professional Services 192,616 114,458 324,780 228,617 189,609 69,396 259,005 (30,388) 113% Printing & Advertising 102,375 155,635 258,800 408,815 399,883 25,016 424,898 (16,083) 104% Utilities 790,831 930,114 781,304 780,304 866,519 - 866,519 (86,215) 111% Repairs & Maintenance 515,084 636,277 584,034 591,917 556,925 86,161 643,086 (51,168) 109% Education & Training 11,167 15,827 25,425 24,879 18,888 6,495 25,384 (505) 102% Travel 3,355 5,123 33,400 30,767 17,371 9,545 26,915 3,852 87% Grants & Subsidies 715,000 715,000 715,000 715,000 715,000 - 715,000 - 100% Other Services & Charges 685,769 565,456 684,573 921,219 848,058 87,882 935,939 (14,721) 102% Debt Service Principal 504,636 452,898 291,946 387,683 379,954 - 379,954 7,729 98% Debt Service Interest & Fees 47,338 31,020 34,076 28,339 23,547 - 23,547 4,792 83% Total Services & Charges 3,568,171 3,621,808 3,733,338 4,117,540 4,015,752 284,494 4,300,246 (182,707) 104% Operating Expenditures 12,891,538 12,831,473 14,084,556 14,572,736 13,106,615 404,723 13,511,338 1,061,397 93% Capital 1,030,272 474,790 569,000 3,420,576 896,973 1,365,556 2,262,529 1,158,047 66% Bad Debt 5,606 - - - 1,100 - 1,100 (1,100) - Interfund Interfund Allocations 1,421,220 1,668,015 1,830,448 1,830,448 1,525,373 - 1,525,373 305,075 83% Interfund Transfers Out 11,799 - - - - - - - - Total Interfund 1,433,019 1,668,015 1,830,448 1,830,448 1,525,373 - 1,525,373 305,075 83% Total Expenditures 15,360,434 14,974,277 16,484,004 19,823,760 15,530,061 1,770,279 17,300,340 2,523,419 87% Net Surplus / (Deficit)515,998 1,629,723 - (2,317,947) (3,741,642) (5,511,921) 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 2,145,635 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 City of South Bend, Indiana Monthly Financial Report November 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 City of South Bend, Indiana Monthly Financial Report November 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 City of South Bend, Indiana Monthly Financial Report November 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 1,176 253 253 923 21% Total Revenue 1,151,444 1,185,775 1,150,804 1,150,804 664,820 664,820 485,983 58% Expenditures by Type Services & Charges Debt Service Principal 785,000 825,000 830,000 830,000 830,000 - 830,000 - 100% Debt Service Interest & Fees 387,965 364,190 339,368 339,368 339,365 - 339,365 3 100% Total Services & Charges 1,172,965 1,189,190 1,169,368 1,169,368 1,169,365 - 1,169,365 3 100% Total Expenditures 1,172,965 1,189,190 1,169,368 1,169,368 1,169,365 - 1,169,365 3 100% Net Surplus / (Deficit)(21,521) (3,415) (18,564) (18,564) (504,545) (504,545) Beginning Cash Balance 208,740 187,578 184,163 Cash Adjustments 358 - - Ending Cash Balance 187,578 184,163 165,599 (320,382) 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 City of South Bend, Indiana Monthly Financial Report November 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 21,182 21,182 3,818 85% Interest Earnings 144 58 109 109 14 14 95 13% Total Revenue 144 58 25,109 25,109 21,196 21,196 3,913 84% Expenditures by Type Services & Charges Repairs & Maintenance 15,099 10,183 25,000 25,715 17,784 - 17,784 7,931 69% Total Services & Charges 15,099 10,183 25,000 25,715 17,784 - 17,784 7,931 69% Capital - - - - - - - - - Total Expenditures 15,099 10,183 25,000 25,715 17,784 - 17,784 7,931 69% Net Surplus / (Deficit)(14,955) (10,125) 109 (606) 3,412 3,412 Beginning Cash Balance 25,850 11,685 814 Cash Adjustments 790 (746) - Ending Cash Balance 11,685 814 208 4,218 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 City of South Bend, Indiana Monthly Financial Report November 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 1,776,721 1,776,721 (276,721) 118% Interest Earnings - 218 - 3,000 11,660 11,660 (8,660) 389% Total Revenue - 775,632 1,500,000 1,503,000 1,788,381 1,788,381 (285,381) 119% Expenditures by Type Capital - - 1,500,000 3,917,170 1,117,850 2,756,696 3,874,545 42,625 99% Total Expenditures - - 1,500,000 3,917,170 1,117,850 2,756,696 3,874,545 42,625 99% Net Surplus / (Deficit)- 775,632 - (2,414,170) 670,531 (2,086,164) Beginning Cash Balance - - 775,632 Cash Adjustments - - - Ending Cash Balance - 775,632 (1,638,538) 1,161,633 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. City of South Bend, Indiana Monthly Financial Report November 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 8,113 8,113 (1,302) 119% 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 6,510,003 6,510,003 (1,302) 100% Expenditures by Type Supplies - 14,811 25,000 25,000 - - - 25,000 0% Services & Charges Professional Services - - - 34,910 25,230 4,770 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 25,000 419,184 384,504 4,770 389,274 29,910 93% Capital 346,394 113,550 - 8,031,800 6,510,863 1,466,293 7,977,155 54,645 99% Total Expenditures 436,865 128,451 50,000 8,475,984 6,895,366 1,471,063 8,366,429 109,555 99% Net Surplus / (Deficit)(219,751) 1,709,829 541,811 (1,967,283) (385,363) (1,856,426) Beginning Cash Balance 422,125 203,098 1,912,926 Cash Adjustments 724 - - Ending Cash Balance 203,098 1,912,926 (54,357) 1,527,361 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 City of South Bend, Indiana Monthly Financial Report November 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 14,235 14,235 (6,235) 178% Interest Earnings 617 493 247 320 1,250 1,250 (930) 391% Total Revenue 7,094 12,571 8,247 8,320 15,485 15,485 (7,165) 186% 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) 15,485 15,485 Beginning Cash Balance 107,792 80,911 93,481 Cash Adjustments 185 - - Ending Cash Balance 80,911 93,481 66,801 108,585 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 City of South Bend, Indiana Monthly Financial Report November 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 - - - 184 184 (184) - Debt Proceeds - - - 5,891,800 5,891,800 5,891,800 - 100% Total Revenue 293 - - 5,891,800 5,891,985 5,891,985 (184) 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 - - 5,573,613 488,026 - 488,026 5,085,587 9% Total Expenditures 121,222 - - 5,891,800 806,213 - 806,213 5,085,587 14% Net Surplus / (Deficit)(120,929) - - - 5,085,771 5,085,771 Beginning Cash Balance 120,929 - - Cash Adjustments - - - Ending Cash Balance - - - 5,085,771 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. City of South Bend, Indiana Monthly Financial Report November 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 41,749 41,749 (26,948) 282% Total Revenue 72,162 31,461 - 14,801 41,749 41,749 (26,948) 282% 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 16,339 11,081 27,420 332 99% Series C - Colfax-Seitz - 821,301 - 191,031 187,099 3,193 190,292 739 100% Series D - Howard-Farmers 1,071,889 104,566 - 3,500 - 2,819 2,819 681 81% Series E - Miami-Twyckenham 685,828 97,564 - 33,483 8,218 - 8,218 25,265 25% Series F - Seitz Park - - - 1,088,451 1,085,400 2,765 1,088,165 286 100% Series G - East Race 22,320 2,230 - 1,277,354 13,770 1,263,584 1,277,354 - 100% Series H - Pinhook Park 454,571 471,842 - 125,741 9,932 75,242 85,174 40,567 68% Series I - Other Park Improv.109,488 66,543 - 65,844 7,364 7,488 14,852 50,992 23% Series J - Pinhook Connect 755,805 127,248 - 41,811 1,263 4,568 5,831 35,980 14% Series K - Future Projects 47,423 3,917 - 909,560 279,324 121,103 400,427 509,133 44% Total Expenditures 3,227,021 1,695,211 - 4,264,527 1,608,708 1,491,844 3,100,552 1,163,975 73% Expenditures by Type Services & Charges Professional Services - - - 6,464 - 6,414 6,414 50 99% Total Services & Charges - - - 6,464 - 6,414 6,414 50 99% Capital 3,227,021 1,695,211 - 4,258,063 1,608,708 1,485,430 3,094,138 1,163,925 73% Total Expenditures 3,227,021 1,695,211 - 4,264,527 1,608,708 1,491,844 3,100,552 1,163,975 73% Net Surplus / (Deficit)(3,154,859) (1,663,750) - (4,249,726) (1,566,959) (3,058,803) 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 2,784,313 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 City of South Bend, Indiana Monthly Financial Report November 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 844,835 905,346 913,300 913,300 699,344 699,344 213,956 77% Fines, Forfeitures, and Fees 38,862 45,810 50,000 50,000 44,691 44,691 5,309 89% Interest Earnings 8,089 4,803 2,495 2,495 9,935 9,935 (7,440) 398% Other Income 2,468 71 - - 3,404 3,404 (3,404) - Total Revenue 894,253 956,029 965,795 965,795 757,374 757,374 208,421 78% Expenditures by Subdivisions Parking Enforcement 71,212 3,992 738 1,038 484 - 484 554 47% Parking General Operations 40,118 435,881 527,193 579,121 374,033 11,814 385,847 193,274 67% Main Street Garage 638,343 109,357 213,469 309,407 174,619 76,759 251,377 58,029 81% Leighton Plaza Garage 478,042 108,032 202,274 271,422 158,930 72,581 231,511 39,912 85% Wayne Street Garage 307,837 67,306 148,444 252,507 137,628 64,710 202,339 50,168 80% Eddy St Commons Garage 10,511 - - - - - - - - Total Expenditures 1,546,063 724,568 1,092,118 1,413,495 845,694 225,864 1,071,558 341,937 76% Expenditures by Type Personnel Other Personnel Costs - 172,990 295,100 295,100 260,772 - 260,772 34,328 12% Total Personnel - 172,990 295,100 295,100 260,772 - 260,772 34,328 12% Supplies - 21,389 30,000 31,699 20,615 6,809 27,424 4,275 87% Services & Charges Professional Services 490,335 164,606 104,900 116,114 17,268 8,206 25,474 90,640 22% Utilities 100,720 101,784 131,000 131,000 100,538 - 100,538 30,462 77% Repairs & Maintenance 237,452 63,496 156,000 176,783 67,236 53,164 120,400 56,382 68% Other Services & Charges 16,358 24,276 22,200 22,237 13,102 - 13,102 9,135 59% Total Services & Charges 844,864 354,162 414,100 446,134 198,144 61,370 259,514 186,619 58% Operating Expenditures 844,864 548,541 739,200 772,933 479,531 68,179 547,710 225,222 71% Capital 576,152 14,248 190,000 477,644 275,068 157,685 432,753 44,892 91% Bad Debt 730 41 - - 55 - 55 (55) - Interfund Allocations 124,317 161,738 162,918 162,918 91,040 - 91,040 71,878 56% Total Expenditures 1,546,063 724,568 1,092,118 1,413,495 845,694 225,864 1,071,558 341,937 76% Net Surplus / (Deficit)(651,810) 231,462 (126,323) (447,700) (88,320) (314,184) Beginning Cash Balance 1,326,253 674,268 907,380 Cash Adjustments (175) 1,650 - Ending Cash Balance 674,268 907,380 459,680 834,981 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. City of South Bend, Indiana Monthly Financial Report November 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 - - 987,000 985,000 579,215 579,215 405,785 59% Interest Earnings - - 4,657 4,657 9,040 9,040 (4,383) 194% Other Income - - 12,500 14,500 35,192 35,192 (20,692) 243% 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 1,592,275 1,592,275 611,331 72% Expenditures by Subdivisions Morris Performing Arts Center - - 1,613,579 1,613,579 1,023,295 80,148 1,103,443 510,136 68% Events Promotion - - 70,000 70,000 - - - 70,000 0% Total Expenditures - - 1,683,579 1,683,579 1,023,295 80,148 1,103,443 580,136 66% Expenditures by Type Personnel Salaries & Wages - - 500,702 500,702 366,139 - 366,139 134,563 73% Fringe Benefits - - 228,225 228,225 151,914 - 151,914 76,311 67% Total Personnel - - 728,927 728,927 518,053 - 518,053 210,874 71% Supplies - - 25,000 25,000 21,127 4,439 25,566 (566) 102% Services & Charges Professional Services - - 200,000 155,000 59,663 26,151 85,813 69,187 55% Printing & Advertising - - 200,000 200,000 37,694 16,399 54,093 145,907 27% Utilities - - 139,100 149,600 130,194 - 130,194 19,406 87% Repairs & Maintenance - - 98,500 92,800 33,760 10,694 44,454 48,346 48% Education & Training - - 4,500 4,500 2,413 1,000 3,413 1,087 76% Travel - - 4,500 9,700 5,775 3,884 9,659 41 100% Other Services & Charges - - 20,350 55,350 24,525 17,581 42,106 13,244 76% Total Services & Charges - - 666,950 666,950 294,024 75,708 369,733 297,218 55% Operating Expenditures - - 1,420,877 1,420,877 833,204 80,148 913,352 507,526 64% Interfund Interfund Allocations - - 262,702 262,702 190,091 - 190,091 72,611 72% Total Interfund - - 262,702 262,702 190,091 - 190,091 72,611 72% Total Expenditures - - 1,683,579 1,683,579 1,023,295 80,148 1,103,443 580,137 66% Net Surplus / (Deficit)- - 520,028 520,028 568,980 488,832 Beginning Cash Balance - - - Cash Adjustments - - - Ending Cash Balance - - 520,028 582,794 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) for 100% of costs of wages and benefits for the Manager-Facility Operations. 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). City of South Bend, Indiana Monthly Financial Report November 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 1,601,025 1,601,025 602,582 73% Total Revenue 462,715 1,780,967 2,203,607 2,258,678 1,656,096 1,656,096 602,582 73% Revenue Intergov./ Grants - 992,163 - - - - - - Charges for Services 358,834 696,886 987,000 985,000 579,215 579,215 405,785 59% Interest Earnings 2,466 1,808 4,657 4,850 9,233 9,233 (4,383) 190% Donations - 500 - - 8,750 8,750 (8,750) - Other Income 5,930 2,864 12,500 69,378 90,070 90,070 (20,692) 130% 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 1,656,096 1,656,096 602,581 73% Expenditures by Fund General Fund (#101)1,003,966 1,106,303 600,000 656,962 643,333 5,648 648,981 7,981 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 1,023,295 80,148 1,103,443 580,136 66% Total Expenditures 1,005,898 1,113,951 2,793,579 2,850,541 2,005,640 85,796 2,091,436 759,105 73% Expenditures by Type Personnel Salaries & Wages 285,767 430,859 500,702 500,702 366,139 - 366,139 134,563 73% Fringe Benefits 131,601 200,379 228,225 228,225 151,914 - 151,914 76,311 67% Total Personnel 417,368 631,239 728,927 728,927 518,053 - 518,053 210,874 71% Supplies 22,110 29,271 25,000 33,435 29,562 4,439 34,001 (566) 102% Services & Charges Professional Services 2,518 1,650 200,000 159,444 64,107 26,151 90,257 69,187 57% Printing & Advertising 17,634 21,798 200,000 223,775 60,004 17,214 77,218 146,556 35% Utilities 112,645 110,532 139,100 149,600 130,194 - 130,194 19,406 87% Repairs & Maintenance 34,268 61,776 98,500 102,585 39,576 14,401 53,977 48,608 53% Education & Training - 3,224 4,500 8,752 2,438 1,000 3,438 5,314 39% Travel 1,469 3,626 4,500 13,359 6,711 3,884 10,595 2,764 79% Other Services & Charges 11,433 12,862 20,350 57,963 25,892 18,707 44,599 13,364 77% Total Services & Charges 179,966 215,468 666,950 715,477 328,922 81,356 410,278 305,199 57% Operating Expenditures 619,444 875,978 1,420,877 1,477,839 876,537 85,796 962,333 515,507 65% Interfund Interfund Allocations 210,875 237,973 262,702 262,702 190,091 - 190,091 72,611 72% 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 1,129,104 - 1,129,104 243,598 82% Total Expenditures 1,005,898 1,113,951 2,793,579 2,850,541 2,005,640 85,796 2,091,436 759,105 73% Net Surplus / (Deficit)(543,183) 667,016 (589,972) (591,863) (349,544) (435,340) 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. City of South Bend, Indiana Monthly Financial Report November 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 1,675,000 1,675,000 (400,000) 131% Charges for Services 924,923 1,401,480 2,778,000 2,743,452 2,898,370 2,898,370 (154,918) 106% Interest Earnings 7 54 - - 426 426 (426) - Other Income 5,936 5,177 3,750 38,298 58,294 58,294 (19,996) 152% 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 4,660,916 4,660,916 (534,982) 113% Expenditures by Subdivisions City Operations 1,149,345 1,246,312 1,543,246 1,575,183 1,116,639 68,461 1,185,100 390,082 75% Food & Beverage Operations 1,444,541 1,702,069 2,535,485 2,519,775 2,560,159 - 2,560,159 (40,384) 102% Total Expenditures 2,593,886 2,948,380 4,078,731 4,094,958 3,676,799 68,461 3,745,260 349,698 91% Expenditures by Type Personnel Salaries & Wages 368,842 350,615 469,511 469,511 304,101 - 304,101 165,410 65% Fringe Benefits 138,803 124,970 185,425 185,425 105,108 - 105,108 80,317 57% Other Personnel Costs 757,895 730,187 718,000 718,000 1,013,331 - 1,013,331 (295,331) 141% Total Personnel 1,265,540 1,205,772 1,372,936 1,372,936 1,422,541 - 1,422,541 (49,604) 104% Supplies 317,548 551,277 1,136,200 1,136,301 973,585 1,508 975,093 161,209 86% Services & Charges Professional Services 35,698 107,162 122,108 137,508 147,908 6,603 154,511 (17,003) 112% Printing & Advertising 277 543 - - - - - - - Utilities 276,273 348,609 392,296 423,726 328,649 - 328,649 95,077 78% Repairs & Maintenance 74,654 71,901 115,000 130,188 68,539 55,937 124,476 5,712 96% Education & Training 1,724 428 2,500 - - - - - - Travel - 574 - - - - - - - Insurance 47,272 48,906 58,188 58,188 46,266 - 46,266 11,922 80% Other Services & Charges 311,417 268,797 537,589 494,197 381,301 4,413 385,714 108,482 78% Total Services & Charges 747,314 846,920 1,227,681 1,243,806 972,663 66,953 1,039,616 204,190 84% Operating Expenditures 2,330,403 2,603,968 3,736,817 3,753,044 3,368,789 68,461 3,437,250 315,795 92% Interfund Interfund Allocations 169,544 247,195 241,226 241,226 207,322 - 207,322 33,904 86% Interfund Transfers Out 93,939 97,217 100,688 100,688 100,688 - 100,688 - 100% Total Interfund 263,483 344,412 341,914 341,914 308,010 - 308,010 33,904 90% Total Expenditures 2,593,886 2,948,380 4,078,731 4,094,958 3,676,799 68,461 3,745,260 349,699 91% Net Surplus / (Deficit)(638,292) (836,692) 47,204 30,977 984,118 915,657 Beginning Cash Balance 1,537,206 1,016,748 194,350 Cash Adjustments 117,834 14,294 - Ending Cash Balance 1,016,748 194,350 225,327 914,257 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. City of South Bend, Indiana Monthly Financial Report November 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 3,258 3,258 (2,258) 326% Other Income - - - - - - - - Interfund Transfers In - - - - - - - - Total Revenue 1,931 98 1,000 1,000 3,258 3,258 (2,258) 326% 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) 3,258 3,258 Beginning Cash Balance 981,681 983,612 983,710 Cash Adjustments - - - Ending Cash Balance 983,612 983,710 949,710 985,142 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 City of South Bend, Indiana Monthly Financial Report November 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 2,744 2,744 (744) 137% Other Income 97,225 89,480 80,242 80,242 58,178 58,178 22,064 73% Interfund Transfers In 93,939 97,217 100,688 100,688 100,688 100,688 - 100% Total Revenue 415,154 409,708 404,367 404,367 383,046 383,046 21,320 95% Expenditures by Type Services & Charges Debt Service Principal 285,614 291,274 297,175 297,175 297,175 - 297,175 - 100% Debt Service Interest & Fees 125,482 115,437 105,193 105,193 105,192 - 105,192 1 100% Total Expenditures 411,096 406,711 402,368 402,368 402,367 - 402,367 1 100% Net Surplus / (Deficit)4,058 2,997 1,999 1,999 (19,321) (19,321) Beginning Cash Balance 189,409 193,705 196,702 Cash Adjustments 238 - - Ending Cash Balance 193,705 196,702 198,701 176,687 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 City of South Bend, Indiana Monthly Financial Report November 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 259 178 273 273 375 375 (102) 137% Other Income - - - - - - - - Total Revenue 259 178 273 273 375 375 (102) 137% Expenditures by Type Services & Charges Repairs & Maintenance - - - - - - - - - Other Services & Charges - - - - - - - - - Total Services & Charges - - - - - - - - - Capital - - - - - - - - - Total Expenditures - - - - - - - - - Net Surplus / (Deficit)259 178 273 273 375 375 Beginning Cash Balance 29,730 30,041 30,218 Cash Adjustments 51 - - Ending Cash Balance 30,041 30,218 30,491 30,483 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 City of South Bend, Indiana Monthly Financial Report November 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 5,904 5,904 (1,576) 136% Other Income - - - - - - - - Total Revenue 4,082 2,793 4,328 4,328 5,904 5,904 (1,576) 136% 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 5,904 5,904 Beginning Cash Balance 467,692 472,576 475,369 Cash Adjustments 802 - - Ending Cash Balance 472,576 475,369 479,697 479,537 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 City of South Bend, Indiana Monthly Financial Report November 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 1,000 846 846 154 85% Interfund Transfers In 375,939 375,986 374,106 374,106 342,334 342,334 31,772 92% Total Revenue 376,746 376,033 375,106 375,106 343,179 343,179 31,926 91% Expenditures by Type Services & Charges Debt Service Principal 225,000 225,000 230,000 230,000 230,000 - 230,000 - 100% Debt Service Interest & Fees 156,131 149,381 142,557 142,557 142,556 - 142,556 1 100% Total Expenditures 381,131 374,381 372,557 372,557 372,556 - 372,556 1 100% Net Surplus / (Deficit)(4,385) 1,652 2,549 2,549 (29,377) (29,377) Beginning Cash Balance 590,497 586,111 587,763 Cash Adjustments - - - Ending Cash Balance 586,111 587,763 590,312 558,386 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 City of South Bend, Indiana Monthly Financial Report November 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 8,454 8,454 (2,512) 142% Other Income 100,000 - - - - - - - Total Revenue 107,035 4,318 5,942 5,942 8,454 8,454 (2,512) 142% Expenditures by Type Services & Charges Professional Services 274,931 75,182 50,000 262,443 41,621 16,713 58,333 204,109 22% Total Services & Charges 274,931 75,182 50,000 262,443 41,621 16,713 58,333 204,109 22% Capital - - - - - - - - - Total Expenditures 274,931 75,182 50,000 262,443 41,621 16,713 58,333 204,109 22% Net Surplus / (Deficit)(167,896) (70,864) (44,058) (256,501) (33,167) (49,880) Beginning Cash Balance 929,415 763,112 692,248 Cash Adjustments 1,593 - - Ending Cash Balance 763,112 692,248 435,747 656,775 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 City of South Bend, Indiana Monthly Financial Report November 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 - 577,322 126,822 126,822 450,500 22% Interest Earnings 712 160 18 38 51 51 (13) 135% Other Income 90,013 36,005 - - - - - - Total Revenue 90,725 77,180 18 577,360 126,873 126,873 450,487 22% Expenditures by Type Supplies - - - 9,000 - 9,000 9,000 - 100% Services & Charges Professional Services 56,352 438 - 90,850 (46,845) 40,833 (6,012) 96,863 -7% Repairs & Maintenance - - - 400,000 246,637 200 246,837 153,163 62% 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 - 595,236 220,637 48,418 269,055 326,181 45% Total Expenditures 128,362 77,457 - 604,236 220,637 57,418 278,055 326,181 46% Net Surplus / (Deficit)(37,637) (277) 18 (26,876) (93,763) (151,182) Beginning Cash Balance 64,775 27,154 26,876 Cash Adjustments 16 - - Ending Cash Balance 27,154 26,876 - (66,903) 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 City of South Bend, Indiana Monthly Financial Report November 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 1,066,156 617,732 617,732 448,424 58% Fines, Forfeitures, and Fees 46,076 57,904 58,450 58,450 64,524 64,524 (6,074) 110% Interest Earnings 8,876 6,023 10,000 9,353 3,104 3,104 6,249 33% Other Income 2,598 573 - 647 2,750 2,750 (2,103) 425% Interfund Allocation Reimb 174,531 145,765 181,981 181,981 151,651 151,651 30,330 83% Interfund Transfers In 2,268,899 500,000 4,179,829 4,043,829 2,570,000 2,570,000 1,473,829 64% Total Revenue 3,372,939 2,172,743 5,484,915 5,365,416 3,409,761 3,409,761 1,955,655 64% Expenditures by Type Personnel Salaries & Wages 1,529,047 1,779,295 2,743,056 2,743,056 1,901,285 - 1,901,285 841,771 69% Fringe Benefits 568,983 649,973 1,097,667 1,097,667 698,404 - 698,404 399,263 64% Total Personnel 2,098,029 2,429,268 3,840,723 3,840,723 2,599,688 - 2,599,688 1,241,034 68% Supplies 13,503 20,424 45,870 49,922 26,236 1,724 27,960 21,962 56% Services & Charges Professional Services 224,609 196,969 809,200 1,069,554 292,762 221,495 514,257 555,297 48% Printing & Advertising 7,560 4,758 23,675 21,975 5,797 - 5,797 16,178 26% Education & Training 4,576 14,288 30,500 37,880 5,447 886 6,333 31,547 17% Travel 4,502 268 33,762 35,527 5,637 2,907 8,544 26,983 24% Repairs & Maintenance 12,447 2,822 3,100 3,100 767 - 767 2,333 25% Other Services & Charges 11,746 24,660 32,225 35,000 21,421 - 21,421 13,579 61% Total Services & Charges 265,440 243,765 932,462 1,203,036 331,830 225,289 557,119 645,917 46% Operating Expenditures 2,376,973 2,693,456 4,819,055 5,093,681 2,957,754 227,013 3,184,767 1,908,913 63% Bad Debt 26 - - - - - - - - Interfund Interfund Allocations 357,941 652,726 665,860 665,860 554,883 - 554,883 110,977 83% Interfund Transfers Out 35,000 50,000 - - - - - - - Total Interfund 392,941 702,726 665,860 665,860 554,883 - 554,883 110,977 83% Total Expenditures 2,769,940 3,396,182 5,484,915 5,759,541 3,512,638 227,013 3,739,650 2,019,890 65% Net Surplus / (Deficit)603,000 (1,223,439) - (394,125) (102,876) (329,889) 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 - 291,492 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 City of South Bend, Indiana Monthly Financial Report November 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 1,442,430 1,442,430 7,470,540 16% Fines, Forfeitures, and Fees 121 500 - - - - - - Other Income 186,664 341,376 119,687 120,587 71,098 71,098 49,489 59% Total Revenue 2,579,168 2,905,379 2,952,342 9,033,557 1,513,528 1,513,528 7,520,029 17% Expenditures by Type Services & Charges Professional Services 40,488 10,343 - 249,170 19,785 90,035 109,820 139,350 44% Grants & Subsidies 2,529,492 2,801,228 2,832,655 12,542,755 2,279,646 3,690,049 5,969,695 6,573,060 48% Total Services & Charges 2,569,980 2,811,571 2,832,655 12,791,925 2,299,431 3,780,084 6,079,515 6,712,410 48% Total Expenditures 2,569,980 2,811,571 2,832,655 12,791,925 2,299,431 3,780,084 6,079,515 6,712,410 48% Net Surplus / (Deficit)9,188 93,809 119,687 (3,758,368) (785,903) (4,565,987) Beginning Cash Balance 305,248 313,907 409,818 Cash Adjustments (528) 2,102 - Ending Cash Balance 313,907 409,818 (3,348,550) (404,236) 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 City of South Bend, Indiana Monthly Financial Report November 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 68,231 68,231 (5,331) 108% Interest Earnings 7,420 4,812 7,971 7,604 9,720 9,720 (2,116) 128% Other Income 18 - - 367 366 366 1 100% Total Revenue 59,018 38,879 70,871 70,871 78,317 78,317 (7,446) 111% Expenditures by Type Supplies 5,458 - - - - - - - - Services & Charges Professional Services 27,070 25,970 23,000 23,000 16,910 2,690 19,600 3,400 85% Other Services & Charges 109,058 81,316 - - - - - - - Total Services & Charges 136,128 107,286 23,000 23,000 16,910 2,690 19,600 3,400 85% Operating Expenditures 141,586 107,286 23,000 23,000 16,910 2,690 19,600 3,400 85% Bad Debt 165 - - - - - - - - Total Expenditures 141,751 107,286 23,000 23,000 16,910 2,690 19,600 3,400 85% Net Surplus / (Deficit)(82,733) (68,407) 47,871 47,871 61,407 58,717 Beginning Cash Balance 923,154 832,938 764,981 Cash Adjustments (7,482) 450 - Ending Cash Balance 832,938 764,981 812,852 823,504 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. City of South Bend, Indiana Monthly Financial Report November 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 41,850 41,850 58,050 42% Interest Earnings 573 728 200 300 1,410 1,410 (1,110) 470% Interfund Transfers In 245,626 50,000 303,923 303,923 70,000 70,000 233,923 23% Total Revenue 353,999 57,608 404,123 404,123 113,260 113,260 290,863 28% Expenditures by Type Personnel Salaries & Wages 119,900 106,421 236,047 236,047 49,482 - 49,482 186,565 21% Fringe Benefits 59,277 52,625 114,076 114,076 24,532 - 24,532 89,545 22% Total Personnel 179,177 159,046 350,123 350,123 74,014 - 74,014 276,110 21% 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 74,998 99,686 174,684 276,110 39% Net Surplus / (Deficit)171,237 (101,674) - (46,671) 38,262 (61,424) Beginning Cash Balance 17,823 189,090 87,416 Cash Adjustments 31 - - Ending Cash Balance 189,090 87,416 40,745 124,733 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. City of South Bend, Indiana Monthly Financial Report November 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 26,195 26,195 10,805 71% Charges for Services 43,360 47,624 50,300 50,300 50,693 50,693 (393) 101% Fines, Forfeitures, and Fees 367,113 411,114 342,000 340,155 218,994 218,994 121,161 64% Interest Earnings 2,492 941 - 450 1,467 1,467 (1,017) 326% Debt Proceeds 80,000 235,000 385,000 500,000 500,000 500,000 - 100% Other Income 15,396 2,998 500 1,985 52,972 52,972 (50,987) 2669% Interfund Allocation Reimb 76,927 34,708 - - - - - - Interfund Transfers In 3,619,593 2,290,000 3,950,930 3,950,930 2,385,000 2,385,000 1,565,930 60% Total Revenue 4,235,305 3,065,940 4,765,730 4,880,820 3,235,321 3,235,321 1,645,499 66% Expenditures by Subdivisions Neighborhood Services 2,498,995 2,420,819 3,644,322 3,914,676 2,531,736 158,898 2,690,633 1,224,042 69% Animal Resource Center 934,825 949,115 1,121,408 1,214,759 850,526 57,147 907,673 307,086 75% Total Expenditures 3,433,820 3,369,933 4,765,730 5,129,435 3,382,262 216,045 3,598,307 1,531,128 70% Expenditures by Type Personnel Salaries & Wages 1,415,442 1,410,684 1,463,721 1,463,721 1,227,313 - 1,227,313 236,408 84% Fringe Benefits 588,698 575,669 677,513 677,513 495,882 - 495,882 181,631 73% Total Personnel 2,004,140 1,986,353 2,141,234 2,141,234 1,723,195 - 1,723,195 418,039 80% Supplies 113,969 110,837 153,450 165,115 132,769 16,834 149,603 15,512 91% Services & Charges Professional Services 40,574 67,185 102,300 116,400 59,065 2,191 61,257 55,143 53% Printing & Advertising 10,559 11,260 22,201 24,241 19,060 824 19,883 4,358 82% Utilities 31,984 32,310 41,389 45,189 31,974 - 31,974 13,215 71% Repairs & Maintenance 239,861 137,334 404,900 415,900 150,311 - 150,311 265,589 36% Education & Training 2,933 4,013 18,900 16,070 3,622 - 3,622 12,448 23% Travel 3,826 777 16,800 16,600 1,360 - 1,360 15,240 8% Other Services & Charges 119,803 112,003 495,160 469,290 111,669 3,630 115,299 353,991 25% Debt Service Principal 47,510 90,535 203,054 203,217 181,470 - 181,470 21,747 89% Debt Service Interest & Fees 2,954 4,350 13,726 13,563 5,625 - 5,625 7,938 41% Total Services & Charges 500,003 459,767 1,318,430 1,320,470 564,155 6,645 570,800 749,669 43% Operating Expenditures 2,618,112 2,556,956 3,613,114 3,626,819 2,420,120 23,479 2,443,598 1,183,220 67% Capital - 49,478 385,000 735,000 320,736 192,566 513,302 221,698 70% Bad Debt 861 15 - - 1,726 - 1,726 (1,726) - Interfund Allocations 814,847 763,484 767,616 767,616 639,680 - 639,680 127,936 83% Total Expenditures 3,433,820 3,369,933 4,765,730 5,129,435 3,382,262 216,045 3,598,307 1,531,128 70% Net Surplus / (Deficit)801,485 (303,993) - (248,615) (146,941) (362,985) Beginning Cash Balance - 803,572 497,492 Cash Adjustments 2,088 (2,088) - Ending Cash Balance 803,572 497,492 248,877 287,163 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 City of South Bend, Indiana Monthly Financial Report November 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 3,459 3,459 (3,194) 1305% Other Income 18,442 18,278 21,996 385,577 385,577 385,577 - 100% Total Revenue 18,803 18,449 22,261 385,842 389,037 389,037 (3,194) 101% Expenditures by Type Services & Charges Debt Service Principal 40,000 24,000 24,000 356,253 18,000 - 18,000 338,253 5% Total Expenditures 40,000 24,000 24,000 356,253 18,000 - 18,000 338,253 5% Net Surplus / (Deficit)(21,197) (5,551) (1,739) 29,589 371,037 371,037 Beginning Cash Balance 53,838 32,733 27,182 Cash Adjustments 92 - - Ending Cash Balance 32,733 27,182 56,771 396,783 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 City of South Bend, Indiana Monthly Financial Report November 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 1,718,118 1,718,118 (133,018) 108% Fines, Forfeitures, and Fees 1,140 2,516 2,000 3,962 5,660 5,660 (1,698) 143% Interest Earnings 17,782 12,194 16,284 13,041 24,732 24,732 (11,691) 190% Other Income 422 1,044 - 1,281 2,105 2,105 (824) 164% Total Revenue 1,324,083 1,531,105 1,603,384 1,603,384 1,750,614 1,750,614 (147,231) 109% Expenditures by Type Personnel Salaries & Wages 763,648 739,269 870,751 870,751 722,982 - 722,982 147,769 83% Fringe Benefits 305,840 319,458 392,308 392,308 315,883 70 315,953 76,355 81% Total Personnel 1,069,488 1,058,727 1,263,059 1,263,059 1,038,865 70 1,038,935 224,124 82% Supplies 14,538 15,666 19,861 19,914 23,628 - 23,628 (3,715) 119% 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 2,131 - 2,131 3,869 36% Travel - - 6,000 6,000 9 - 9 5,991 0% Repairs & Maintenance 14,257 28,086 15,000 15,000 24,378 - 24,378 (9,378) 163% Other Services & Charges 9,408 18,348 34,310 34,310 25,308 - 25,308 9,002 74% Debt Service Principal 41,198 43,020 23,594 23,594 23,593 - 23,593 1 100% Debt Service Interest & Fees 2,184 1,316 567 567 526 - 526 41 93% Total Services & Charges 72,223 91,705 97,671 97,671 76,105 - 76,105 21,565 78% Operating Expenditures 1,156,248 1,166,098 1,380,591 1,380,644 1,138,599 70 1,138,669 241,974 82% Capital - 49,478 - - - - - - - Bad Debt 1,631 100 1,000 1,000 - - - 1,000 0% Interfund Allocations 328,799 339,938 665,210 665,210 554,342 - 554,342 110,868 83% Total Expenditures 1,486,678 1,555,614 2,046,801 2,046,854 1,692,941 70 1,693,011 353,842 83% Net Surplus / (Deficit)(162,595) (24,509) (443,417) (443,470) 57,673 57,603 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 2,152,797 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. City of South Bend, Indiana Monthly Financial Report November 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 4,667,492 4,667,492 (123,866) 103% Interest Earnings - 380 2,000 2,002 37,988 37,988 (35,986) 1897% Other Income 266,643 300,472 172,000 259,070 649,877 649,877 (390,807) 251% Total Revenue 266,643 2,959,263 174,000 4,804,698 5,355,357 5,355,357 (550,659) 111% Expenditures by Type Services & Charges Professional Services 88,742 291,043 455,982 589,021 181,079 28,065 209,144 379,877 36% Other Services & Charges 15,285 14,830 26,298 39,688 19,768 - 19,768 19,920 50% Grants & Subsidies - 2,700,000 - 4,290,000 3,397,400 - 3,397,400 892,600 79% Total Services & Charges 104,026 3,005,872 482,280 4,918,709 3,598,247 28,065 3,626,312 1,292,397 74% Bad Debt - 184,827 - - - - - - - Total Expenditures 104,026 3,190,699 482,280 4,918,709 3,598,247 28,065 3,626,312 1,292,397 74% Net Surplus / (Deficit)162,616 (231,436) (308,280) (114,011) 1,757,110 1,729,045 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 4,222,485 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 City of South Bend, Indiana Monthly Financial Report November 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 84 84 916 8% Interfund Transfers In 1,716,000 1,716,000 1,715,000 1,715,000 1,715,000 1,715,000 - 100% Total Revenue 1,716,869 1,716,091 1,716,000 1,716,000 1,715,084 1,715,084 916 100% Expenditures by Type Services & Charges Debt Service Principal 1,000,000 1,030,000 1,060,000 1,060,000 1,060,000 - 1,060,000 - 100% Debt Service Interest & Fees 712,694 682,469 651,694 651,694 651,344 - 651,344 350 100% Total Expenditures 1,712,694 1,712,469 1,711,694 1,711,694 1,711,344 - 1,711,344 350 100% Net Surplus / (Deficit)4,175 3,623 4,306 4,306 3,741 3,741 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 1,746,439 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 City of South Bend, Indiana Monthly Financial Report November 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 - - 25,565 25,565 (25,565) - Total Revenue 306,537 1 - - 25,565 25,565 (25,565) - Expenditures by Type Capital 3,328,966 - - - - - - - - Total Expenditures 3,328,966 - - - - - - - - Net Surplus / (Deficit)(3,022,429) 1 - - 25,565 25,565 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. City of South Bend, Indiana Monthly Financial Report November 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 1,750 173 173 1,577 10% Interfund Transfers In 1,390,625 1,915,979 1,926,375 1,926,375 1,926,375 1,926,375 - 100% Total Revenue 1,392,248 1,916,164 1,928,125 1,928,125 1,926,548 1,926,548 1,577 100% Expenditures by Type Services & Charges Debt Service Principal 145,000 475,000 720,000 720,000 720,000 - 720,000 - 100% Debt Service Interest & Fees 1,245,625 1,235,875 1,206,375 1,206,375 1,206,375 - 1,206,375 - 100% Total Expenditures 1,390,625 1,710,875 1,926,375 1,926,375 1,926,375 - 1,926,375 - 100% Net Surplus / (Deficit)1,623 205,289 1,750 1,750 173 173 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 3,668,784 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 City of South Bend, Indiana Monthly Financial Report November 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 3,226 3,226 (926) 140% Charges for Services 6,882,174 7,279,944 8,636,001 8,636,001 8,413,739 8,413,739 222,262 97% Interest Earnings 10,210 6,268 11,090 11,090 6,443 6,443 4,647 58% Other Income 84,210 78,626 69,000 69,014 93,777 93,777 (24,763) 136% Interfund Allocation Reimb 122,143 129,585 160,000 160,000 133,333 133,333 26,667 83% Total Revenue 7,101,248 7,497,135 8,878,391 8,878,405 8,650,518 8,650,518 227,887 97% Expenditures by Division Equipment Services 6,717,971 7,695,353 7,943,058 7,945,303 8,466,651 21,991 8,488,642 (543,340) 107% Print Shop 13,844 2,504 - - - - - - - Radio Shop 229,304 207,641 283,073 283,073 171,957 2,467 174,424 108,649 62% Building Maintenance 180,749 188,820 221,091 221,091 153,635 - 153,635 67,456 69% Facilities Management 101,697 144,897 181,838 181,838 122,135 - 122,135 59,703 67% Capital - - 190,000 242,425 56,176 20,784 76,960 165,465 32% Total Expenditures 7,243,566 8,239,216 8,819,060 8,873,729 8,970,553 45,242 9,015,795 (142,067) 102% Expenditures by Type Personnel Salaries & Wages 1,795,351 1,772,151 2,125,646 2,125,303 1,622,704 - 1,622,704 502,599 76% Fringe Benefits 780,402 758,851 982,988 983,331 692,243 - 692,243 291,088 70% Total Personnel 2,575,754 2,531,003 3,108,634 3,108,634 2,314,947 - 2,314,947 793,687 74% Supplies 3,998,093 4,782,010 4,594,490 4,595,876 5,812,476 3,938 5,816,414 (1,220,539) 127% Services & Charges Professional Services 7,777 12,174 38,825 35,625 12,641 - 12,641 22,984 35% Printing & Advertising 863 42 4,650 2,725 - - - 2,725 0% Utilities 53,701 61,782 64,468 64,468 66,228 - 66,228 (1,760) 103% Repairs & Maintenance 54,985 62,344 148,575 203,159 107,025 32,895 139,920 63,238 69% Education & Training 9,389 8,696 12,050 12,150 2,873 2,412 5,285 6,865 43% Travel - 51 1,850 1,850 61 55 116 1,734 6% Other Services & Charges 13,132 12,504 16,850 17,575 11,831 1,703 13,534 4,041 77% Debt Service Principal 15,596 2,483 8,069 8,069 8,069 - 8,069 - 100% Debt Service Interest & Fees 463 22 423 423 422 - 422 1 100% Total Services & Charges 155,905 160,096 295,760 346,044 209,150 37,065 246,215 99,828 71% Operating Expenditures 6,729,752 7,473,109 7,998,884 8,050,553 8,336,573 41,003 8,377,576 (327,024) 104% Capital - - 63,000 66,000 3,000 4,239 7,239 58,761 11% Interfund Interfund Allocations 306,521 683,462 757,176 757,176 630,980 - 630,980 126,196 83% Interfund Transfers Out 207,293 82,645 - - - - - - - Total Interfund 513,814 766,107 757,176 757,176 630,980 - 630,980 126,196 83% Total Expenditures 7,243,566 8,239,216 8,819,060 8,873,729 8,970,553 45,242 9,015,795 (142,067) 102% Net Surplus / (Deficit)(142,319) (742,081) 59,331 4,676 (320,035) (365,277) Beginning Cash Balance 1,455,158 1,209,079 658,666 Cash Adjustments (103,760) 191,668 - Ending Cash Balance 1,209,079 658,666 663,341 409,024 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 City of South Bend, Indiana Monthly Financial Report November 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 City of South Bend, Indiana Monthly Financial Report November 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 74,588 74,588 (42,741) 234% Other Income 1,626,433 84,555 2,000 32,747 35,505 35,505 (2,758) 108% Interfund Allocation Reimb 2,914,500 3,265,000 3,365,000 3,365,000 2,804,167 2,804,167 560,833 83% Interfund Transfers In 49,087 - - - - - - - Total Revenue 4,644,513 3,386,046 3,398,847 3,429,594 2,914,259 2,914,259 515,334 85% Expenditures by Division Safety/Risk Management 151,479 30,947 - - - - - - - Liability Insurance 761,414 1,188,510 1,230,000 1,431,000 1,537,760 90,991 1,628,750 (197,750) 114% Business Insurance 622,434 452,651 1,865,000 3,700,754 1,875,496 1,023,787 2,899,283 801,471 78% Workers' Compensation 1,211,428 1,531,310 1,268,000 1,268,000 998,056 1,791 999,847 268,153 79% 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 4,411,791 1,129,413 5,541,204 961,874 85% Expenditures by Type Personnel Salaries & Wages 116,402 - - - - - - - - Fringe Benefits 46,090 - - - - - - - - Other Personnel Costs 17,308 14,052 42,000 42,000 23,111 1,791 24,902 17,098 59% Total Personnel 179,800 14,052 42,000 42,000 23,111 1,791 24,902 17,098 59% Supplies 1,988 2,187 - - - - - - - Services & Charges Professional Services 420,313 334,849 1,001,000 1,387,754 384,072 477,168 861,240 526,514 62% Education & Training 6,285 2,000 - - - - - - - Travel 356 - - - - - - - - Repairs & Maintenance 2,119 4,286 - 1,828,784 1,282,165 546,619 1,828,784 - 100% Insurance 1,840,034 2,432,482 2,170,000 2,170,000 2,053,018 1,438 2,054,456 115,544 95% Other Services & Charges 218,415 391,938 1,150,000 971,216 668,946 89,553 758,498 212,718 78% Total Services & Charges 2,487,522 3,165,555 4,321,000 6,357,754 4,388,201 1,114,778 5,502,979 854,776 87% 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 4,411,791 1,129,413 5,541,204 961,874 85% Net Surplus / (Deficit)986,951 157,746 (964,153) (3,073,484) (1,497,531) (2,626,945) 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 4,658,307 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 City of South Bend, Indiana Monthly Financial Report November 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 8,016,837 8,016,837 1,603,367 83% 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 64,525 142,733 122,155 122,155 20,578 86% Donations - 15,000 - 181,988 181,987 181,987 1 100% Interest Earnings 21,431 14,598 5,000 11,500 50,456 50,456 (38,956) 439% Total Revenue 6,843,915 10,219,588 9,689,729 10,122,770 8,537,778 8,537,778 1,584,992 84% Expenditures by Division 311 Call Center 551,515 567,939 683,948 683,955 572,874 - 572,874 111,080 84% Innovation & Technology 7,324,325 8,264,034 9,015,101 10,370,108 7,776,978 922,628 8,699,606 1,670,502 84% Total Expenditures 7,875,840 8,831,973 9,699,049 11,054,062 8,349,852 922,628 9,272,480 1,781,582 84% Expenditures by Type Personnel Salaries & Wages 1,844,342 1,908,602 2,170,830 2,170,749 1,805,131 - 1,805,131 365,618 83% Fringe Benefits 708,812 704,230 874,276 874,357 655,182 - 655,182 219,175 75% Total Personnel 2,553,154 2,612,832 3,045,106 3,045,106 2,460,313 - 2,460,313 584,793 81% Supplies 130,511 714,903 193,850 599,848 457,161 14,643 471,804 128,044 79% Services & Charges Professional Services 1,058,605 510,586 410,500 1,156,825 650,049 553,619 1,203,668 (46,843) 104% Printing & Advertising 1,005 3,277 5,150 8,545 4,284 - 4,284 4,261 50% Repairs & Maintenance 3,021,127 3,646,311 4,635,738 4,747,286 3,487,443 344,044 3,831,487 915,799 81% Education & Training 9,162 33,654 57,900 43,857 26,425 - 26,425 17,433 60% Travel 7,385 161 27,110 33,110 24,829 908 25,737 7,373 78% Other Services & Charges 422,383 292,472 193,824 279,750 243,412 9,415 252,827 26,923 90% Debt Service Principal 606,922 966,528 1,063,402 1,073,320 930,387 - 930,387 142,933 87% Debt Service Interest & Fees 59,675 50,358 65,816 65,762 65,005 - 65,005 757 99% Total Services & Charges 5,186,263 5,503,347 6,459,440 7,408,455 5,431,833 907,986 6,339,819 1,068,636 86% Operating Expenditures 7,869,929 8,831,082 9,698,396 11,053,409 8,349,308 922,628 9,271,936 1,781,473 84% Interfund Allocations 5,911 891 653 653 544 - 544 109 83% Total Expenditures 7,875,840 8,831,973 9,699,049 11,054,062 8,349,852 922,628 9,272,480 1,781,582 84% Net Surplus / (Deficit)(1,031,925) 1,387,615 (9,320) (931,292) 187,926 (734,702) 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 3,698,988 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 City of South Bend, Indiana Monthly Financial Report November 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 14,762,108 14,762,108 1,319,332 92% Other Income 373,523 1,438,628 385,000 485,000 834,418 834,418 (349,418) 172% Interest Earnings 89,646 62,791 58,809 58,809 137,615 137,615 (78,806) 234% Total Revenue 16,348,427 17,243,514 16,625,249 16,625,249 15,734,141 15,734,141 891,108 95% Expenditures by Subdivision Health Insurance 14,472,911 15,509,012 17,121,703 17,129,426 14,854,725 21,692 14,876,417 2,253,009 87% Workplace Wellness Clinic 996,006 1,003,588 1,169,308 1,169,308 349,692 406,565 756,256 413,052 65% Employee Wellness 76,048 89,896 99,974 101,130 69,591 8,560 78,151 22,979 77% Total Expenditures 15,544,965 16,602,496 18,390,985 18,399,864 15,274,008 436,817 15,710,824 2,689,040 85% Expenditures by Type Personnel Other Personnel Costs 13,740,971 14,681,353 16,308,759 16,309,915 14,204,962 9,198 14,214,160 2,095,755 87% Total Personnel 13,740,971 14,681,353 16,308,759 16,309,915 14,204,962 9,198 14,214,160 2,095,755 87% Supplies 131,045 110,297 150,000 150,000 49,303 26,265 75,568 74,432 50% Services & Charges Professional Services 1,083,611 1,063,335 1,198,308 1,205,031 454,943 401,354 856,297 348,734 71% Printing & Advertising - - 100 100 - - - 100 0% Insurance 587,028 737,651 732,318 729,642 560,663 - 560,663 168,979 77% Other Services & Charges 1,476 3,194 1,500 5,176 4,137 - 4,137 1,039 80% Total Services & Charges 1,672,115 1,804,180 1,932,226 1,939,949 1,019,743 401,354 1,421,097 518,852 73% Bad Debt 833 - - - - - - - - Interfund Transfers Out - 6,667 - - - - - - - Total Expenditures 15,544,965 16,602,496 18,390,985 18,399,864 15,274,008 436,817 15,710,824 2,689,039 85% Net Surplus / (Deficit)803,462 641,018 (1,765,736) (1,774,615) 460,133 23,317 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 11,232,488 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 City of South Bend, Indiana Monthly Financial Report November 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 76,474 76,474 29,043 72% Interest Earnings 1,187 69 209 209 782 782 (573) 374% Other Income - 74,683 - - - - - - Interfund Transfers In - 6,667 - - - - - - Total Revenue 8,087 103,474 105,726 105,726 77,256 77,256 28,470 73% Expenditures by Type Personnel Other Personnel Costs 157,449 75,914 80,000 80,000 24,444 - 24,444 55,556 31% Total Expenditures 157,449 75,914 80,000 80,000 24,444 - 24,444 55,556 31% Net Surplus / (Deficit)(149,363) 27,560 25,726 25,726 52,813 52,813 Beginning Cash Balance 180,911 31,859 - Cash Adjustments 310 (59,419) - Ending Cash Balance 31,859 - 25,726 76,980 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 City of South Bend, Indiana Monthly Financial Report November 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 244,090 248,401 257,209 257,209 234,871 234,871 22,338 91% Interest Earnings 751 1,125 1,494 1,494 4,160 4,160 (2,666) 278% Total Revenue 244,841 249,526 258,703 258,703 239,031 239,031 19,672 92% Expenditures by Type Personnel Salaries & Wages 119,938 180,337 253,846 253,846 74,240 - 74,240 179,606 29% Total Expenditures 119,938 180,337 253,846 253,846 74,240 - 74,240 179,606 29% Net Surplus / (Deficit)124,903 69,189 4,857 4,857 164,791 164,791 Beginning Cash Balance 32,563 157,521 226,711 Cash Adjustments 56 - - Ending Cash Balance 157,521 226,711 231,568 390,161 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 City of South Bend, Indiana Monthly Financial Report November 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 99,340 135,496 135,496 (36,156) 136% Total Revenue 94,111 64,091 99,340 99,340 135,496 135,496 (36,156) 136% Total Expenditures - - - - - - - - - Net Surplus / (Deficit)94,111 64,091 99,340 99,340 135,496 135,496 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 11,005,742 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 Cash Reserves Target City of South Bend, Indiana Monthly Financial Report November 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 12,578 12,578 (9,308) 385% 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 - - 63 63 (63) - 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 56,492 56,492 (21,492) 161% Pokagon Band Donation 100,000 100,000 - 100,000 100,000 100,000 - 100% Total Revenue 765,453 478,492 56,270 246,270 259,132 259,132 (12,863) 105% Expenditures by Project Wayfinding Signage Project 56,258 33,500 - - - - - - - Bloomberg Mayors Challenge 313,871 323,775 322,506 477,704 179,215 200,462 379,676 98,028 79% 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 - 41,000 41,000 90,000 31% 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 28,290 - 28,290 21,710 57% Code Enforcement Demolitions - 2,863 - 52,625 44,425 - 44,425 8,200 84% Pokagon Band Donation - - - - - - - - - Total Expenditures 453,294 481,425 431,006 740,289 251,930 252,922 504,852 235,438 68% Expenditures by Type Supplies - - 43,500 43,500 - 41,000 41,000 2,500 94% Services & Charges Professional Services 382,631 360,185 372,506 527,704 207,505 200,462 407,967 119,738 77% 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 - 44,425 8,200 84% Total Services & Charges 453,294 481,425 387,506 696,789 251,930 211,922 463,852 232,938 67% Total Expenditures 453,294 481,425 431,006 740,289 251,930 252,922 504,852 235,438 68% Net Surplus / (Deficit)312,160 (2,933) (374,736) (494,019) 7,202 (245,719) Beginning Cash Balance 668,273 981,455 978,522 Cash Adjustments 1,022 - - Ending Cash Balance 981,455 978,522 484,503 985,311 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 City of South Bend, Indiana Monthly Financial Report November 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 5,143 5,143 (1,374) 136% Total Revenue 5,076 2,515 3,769 3,769 5,143 5,143 (1,374) 136% 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 5,143 5,143 Beginning Cash Balance 605,471 481,214 414,099 Cash Adjustments 1,038 - - Ending Cash Balance 481,214 414,099 417,868 417,730 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 City of South Bend, Indiana Monthly Financial Report November 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 3,668 3,668 (2,068) 229% Other Income - - 2,050 450 - - 450 0% Total Revenue 177,140 175,390 155,250 155,250 7,835 7,835 147,415 5% 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 94,267 3,709 97,976 31,302 76% HUD 93,473 126,938 113,745 116,745 81,278 - 81,278 35,467 70% Total Expenditures 212,926 235,005 241,116 248,783 178,304 3,709 182,013 66,769 73% Expenditures by Type Personnel Salaries & Wages 124,770 125,084 128,156 128,156 108,072 - 108,072 20,084 84% Fringe Benefits 38,541 38,636 52,160 52,160 29,411 - 29,411 22,749 56% Total Personnel 163,311 163,721 180,316 180,316 137,483 - 137,483 42,833 76% Supplies 1,724 3,864 2,000 2,000 533 175 709 1,291 35% Services & Charges Professional Services 24,667 18,333 27,800 31,467 20,026 3,333 23,359 8,108 74% Printing & Advertising 16,215 11,878 6,000 13,525 9,323 - 9,323 4,202 69% Education & Training 5,960 5,178 6,000 4,818 3,503 200 3,703 1,115 77% Travel - - 17,800 15,332 7,295 - 7,295 8,037 48% Other Services & Charges 1,049 32,032 1,200 1,325 141 - 141 1,184 11% Total Services & Charges 47,891 67,420 58,800 66,467 40,288 3,533 43,822 22,646 66% Interfund Transfers Out - - - - - - - - - Total Expenditures 212,926 235,005 241,116 248,783 178,304 3,709 182,013 66,770 73% Net Surplus / (Deficit)(35,786) (59,614) (85,866) (93,533) (170,469) (174,178) Beginning Cash Balance 521,051 486,159 426,544 Cash Adjustments 893 - - Ending Cash Balance 486,159 426,544 333,012 255,123 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. City of South Bend, Indiana Monthly Financial Report November 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 - 90,000 624,046 624,046 (534,046) 693% Total Revenue - 29,536,642 29,455,024 29,545,024 30,079,070 30,079,070 (534,045) 102% Expenditures by Type Personnel Salaries & Wages - - - 47,990,405 1,889,660 - 1,889,660 46,100,745 4% Total Personnel - - - 47,990,405 1,889,660 - 1,889,660 46,100,745 4% Services & Charges Grants & Subsidies - - - 498,729 - - - 498,729 0% Other Services & Charges - - - 500,000 1,270 - 1,270 498,730 0% Total Services & Charges - - - 998,729 1,270 - 1,270 997,459 0% Capital - - 10,100,000 11,100,000 421,771 1,322,492 1,744,263 9,355,737 16% Total Expenditures - - 10,100,000 60,089,134 2,312,701 1,322,492 3,635,193 56,453,941 6% Net Surplus / (Deficit)- 29,536,642 19,355,024 (30,544,110) 27,766,369 26,443,877 Beginning Cash Balance - - 29,536,642 Cash Adjustments - - - Ending Cash Balance - 29,536,642 (1,007,468) 57,096,075 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 City of South Bend, Indiana Monthly Financial Report November 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 6,610,237 4,539,003 11,149,240 28,345,760 28% American Rescue Plan (#263)- 10,100,000 13,510,000 2,194,340 1,467,348 3,661,688 9,848,312 27% Total Expenditures by Fund 4,948,093 46,295,000 53,005,000 8,804,577 6,006,350 14,810,927 38,194,072 28% Expenditures by ARP Programs Strong Neighborhoods Home Repair Assistance Programs - 2,500,000 2,500,000 4,980 - 4,980 2,495,020 0% Housing Financing - 2,500,000 2,500,000 - - - 2,500,000 0% Home Buying Assistance - 1,000,000 1,000,000 55 - 55 999,945 0% Additional Neighborhood Infrastructure - 2,500,000 2,500,000 130,177 644,284 774,461 1,725,539 31% City-wide Comprehensive Plan - 500,000 500,000 114,917 105,571 220,488 279,512 44% Plan Implementation - 300,000 300,000 17,000 13,650 30,650 269,350 10% Land Bank Startup Costs - 250,000 250,000 - - - 250,000 0% Demolitions (Vacant & Abandoned / Commercial)- 3,670,000 4,170,000 815,003 122,621 937,624 3,232,376 22% 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 - 9,340 9,340 490,660 2% Athletic Court Repair - 1,600,000 1,600,000 80,812 1,494,948 1,575,761 24,239 98% Subtotal - 17,170,000 18,170,000 1,162,944 2,390,415 3,553,359 14,616,641 20% Safe Community for Everyone Homelessness Strategy Implementation - 200,000 200,000 - 200,000 200,000 - 100% County Partnerships on Homelessness & Mental Health - 5,800,000 5,800,000 1,000,000 85,500 1,085,500 4,714,500 19% Gun Violence Intervention - 500,000 500,000 8,663 - 8,663 491,337 2% Public Safety Technology Upgrades - 1,500,000 1,500,000 17,243 360,961 378,204 1,121,796 25% COVID Response 1,448,093 - - - - - - - COVID Facilities Upgrades - 1,800,000 2,000,000 57,784 968,851 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 2,973,350 1,615,311 4,588,661 7,321,338 39% Robust, Sustainable Infrastructure - Green Infrastructure Greener Homes - 100,000 100,000 - - - 100,000 0% Solarize, Switch & Save - 300,000 300,000 133,500 163,500 297,000 3,000 99% Commercial Recycling Partnership for CBD’s - 75,000 75,000 - - - 75,000 0% EV Plan & Deployment - 150,000 150,000 - 14,479 14,479 135,521 10% Distributed Solar/Storage - 1,000,000 1,000,000 150,000 - 150,000 850,000 15% Subtotal - 1,625,000 1,625,000 283,500 177,979 461,479 1,163,521 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 1,131,794 - 1,131,794 868,206 57% Streamlined Assistance - 500,000 600,000 193,130 160,730 353,860 246,140 59% Opportunity Fund - 1,000,000 1,000,000 36,400 30,800 67,200 932,800 7% Immigration Support - 100,000 101,350 55,515 45,833 101,348 2 100% Subtotal 3,500,000 5,350,000 5,451,350 1,416,839 237,363 1,654,202 3,797,148 30% Youth and Workforce Development Workforce Development - 250,000 248,650 151,600 67,606 219,206 29,444 88% Dream Center - 10,100,000 11,100,000 304,680 1,467,348 1,772,028 9,327,972 16% Pre-K Centers - 2,000,000 4,500,000 2,511,664 50,328 2,561,992 1,938,008 57% Subtotal - 12,350,000 15,848,650 2,967,944 1,585,282 4,553,226 11,295,424 29% Total Expenditures by Program 4,948,093 46,295,000 53,005,000 8,804,577 6,006,350 14,810,927 38,194,072 28% 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 City of South Bend, Indiana Monthly Financial Report November 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 - 1,166,853 447,892 447,892 718,961 38% Other Income - 5,000 - - - - - - Interfund Transfers In 1,000,000 1,448,093 - - - - - - Total Revenue 6,086,138 2,943,368 - 1,166,853 447,892 447,892 718,961 38% 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 - 1,166,853 472,081 211,848 683,929 482,924 59% Venues, Parks & Arts 127,466 5,595 - - - - - - - Code Enforcement 4,339 - - - - - - - - Building Department 863 - - - - - - - - Total Expenditures 6,033,275 2,996,232 - 1,166,853 472,081 211,848 683,929 482,924 59% 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 - 1,166,853 472,081 211,848 683,929 482,924 59% Other Services & Charges 54,452 18,250 - - - - - - - Total Services & Charges 2,432,318 1,977,914 - 1,166,853 472,081 211,848 683,929 482,924 59% Interfund Transfers Out 3,348,292 1,000,000 - - - - - - - Total Expenditures 6,033,275 2,996,232 - 1,166,853 472,081 211,848 683,929 482,924 59% Net Surplus / (Deficit)52,864 (52,864) - - (24,189) (236,037) Beginning Cash Balance - 53,214 - Cash Adjustments 350 (350) - Ending Cash Balance 53,214 - - (32,629) 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. City of South Bend, Indiana Monthly Financial Report November 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 8,846,833 8,846,833 744,465 92% Interest Earnings 111,181 87,126 110,950 110,950 182,762 182,762 (71,812) 165% 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 53,680 53,680 (21,680) 168% Interfund Transfers In - 147,786 383,028 730,725 666,887 666,887 63,838 91% Total Revenue 16,500,074 15,414,847 11,009,098 12,096,973 11,382,162 11,382,162 714,811 94% Expenditures by Activity General City 2,263,417 3,173,836 1,185,625 1,459,152 1,182,101 163,971 1,346,072 113,080 92% Legal Dept 3,441 2,527 15,000 15,000 625 - 625 14,375 4% Information Technology 1,579,347 28,098 80,000 151,500 24,728 46,772 71,500 80,000 47% Police Department 2,136,734 1,826,705 2,952,548 6,173,350 3,862,337 1,835,188 5,697,525 475,825 92% Vacant & Abandoned Houses 232,822 185,684 - 400,390 338,827 15,102 353,929 46,461 88% Community Investment 357,659 25,880 - 798,629 687,244 - 687,244 111,385 86% Parks & Recreation 1,778,605 1,596,732 956,850 1,480,749 1,190,192 209,065 1,399,257 81,492 94% Morris Performing Arts Center - 1,800,000 - - - - - - - Light Up South Bend 88,137 146,590 260,000 394,924 158,047 125,574 283,621 111,303 72% Streets 2,899,656 - 3,750,000 3,755,179 3,125,000 5,179 3,130,179 625,000 83% Curb & Sidewalk 1,500,000 1,500,000 1,500,000 1,500,000 1,250,000 - 1,250,000 250,000 83% Traffic Signals & Street Lighting 1,501,835 1,401,657 1,467,536 1,467,536 1,215,613 - 1,215,613 251,923 83% Total Expenditures 14,341,653 11,687,709 12,167,559 17,596,408 13,034,712 2,400,852 15,435,564 2,160,844 88% Expenditures by Type Supplies 92,245 145,595 200,000 334,924 107,876 125,574 233,451 101,474 70% Services & Charges Professional Services 1,681,956 35,065 155,000 358,073 80,752 150,852 231,603 126,470 65% Printing & Advertising 500 24,785 - - - - - - - Utilities 1,501,835 1,401,657 1,467,536 1,467,536 1,215,613 - 1,215,613 251,923 83% Repairs & Maintenance 756,305 565,186 610,000 1,135,344 757,778 247,317 1,005,095 130,249 89% Grants & Subsidies 397,553 340,711 341,129 1,016,129 993,118 23,011 1,016,129 - 100% Other Services & Charges 1,292,054 1,086,776 1,102,449 1,648,525 1,562,581 18,909 1,581,490 67,035 96% Debt Service Principal 1,364,172 1,631,258 1,379,062 1,379,594 1,269,734 - 1,269,734 109,861 92% Debt Service Interest & Fees 59,809 53,009 71,486 70,954 40,171 - 40,171 30,782 57% Total Services & Charges 7,054,183 5,138,446 5,126,662 7,076,156 5,919,746 440,089 6,359,835 716,320 90% Capital 825,101 123,519 1,462,000 4,806,431 2,524,676 1,835,188 4,359,864 446,567 91% Interfund Interfund Allocations 8,633 9,753 9,676 9,676 8,063 - 8,063 1,613 83% Interfund Transfers Out 6,361,491 6,270,396 5,369,221 5,369,221 4,474,351 - 4,474,351 894,870 83% Total Interfund 6,370,124 6,280,149 5,378,897 5,378,897 4,482,414 - 4,482,414 896,483 83% Total Expenditures 14,341,653 11,687,709 12,167,559 17,596,408 13,034,712 2,400,852 15,435,564 2,160,844 88% Net Surplus / (Deficit)2,158,421 3,727,138 (1,158,461) (5,499,435) (1,652,550) (4,053,402) 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 17,603,015 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. City of South Bend, Indiana Monthly Financial Report November 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 2,553 2,553 (558) 128% Total Revenue 475,372 511,620 514,423 514,423 288,004 288,004 226,419 56% Expenditures by Activity Transfer to Fund 404 - - 143,687 143,687 119,739 - 119,739 23,948 83% Police Department 516,510 394,767 368,741 368,741 367,808 - 367,808 933 100% Park Capital 12,970 - - - - - - - - Total Expenditures 529,479 394,767 512,428 512,428 487,547 - 487,547 24,881 95% Expenditures by Type Services & Charges Debt Service Principal 484,511 370,109 353,115 353,115 353,115 - 353,115 - 100% Debt Service Interest & Fees 31,998 24,658 15,626 15,626 14,694 - 14,694 932 94% Total Services & Charges 516,510 394,767 368,741 368,741 367,808 - 367,808 932 100% Capital 12,970 - - - - - - - - Interfund Transfers Out - - 143,687 143,687 119,739 - 119,739 23,948 83% Total Expenditures 529,479 394,767 512,428 512,428 487,547 - 487,547 24,880 95% Net Surplus / (Deficit)(54,108) 116,853 1,995 1,995 (199,543) (199,543) Beginning Cash Balance 223,617 169,893 286,746 Cash Adjustments 383 - - Ending Cash Balance 169,893 286,746 288,741 86,584 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. City of South Bend, Indiana Monthly Financial Report November 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 6,618 6,618 (2,793) 173% Other Income 18,750 25,000 25,000 25,000 - - 25,000 0% Total Revenue 243,373 236,443 243,166 243,166 102,759 102,759 140,407 42% Expenditures by Activity Transfer to Fund 404 - - 239,341 239,341 199,451 - 199,451 39,890 83% Community Investment 6,770 - - - - - - - - Park Vehicles & Equipment - 262,145 - - - - - - - Venues, Parks & Arts Capital - - 250,000 250,000 246,116 996 247,112 2,888 99% Streets Vehicles & Equipment 250,000 - - - - - - - - Total Expenditures 256,770 262,145 489,341 489,341 445,567 996 446,563 42,778 91% Expenditures by Type Capital 6,770 - 250,000 250,000 246,116 996 247,112 2,888 99% Interfund Transfers Out 250,000 262,145 239,341 239,341 199,451 - 199,451 39,890 83% Total Expenditures 256,770 262,145 489,341 489,341 445,567 996 446,563 42,778 91% Net Surplus / (Deficit)(13,397) (25,702) (246,175) (246,175) (342,808) (343,804) Beginning Cash Balance 689,015 676,798 651,096 Cash Adjustments 1,181 - - Ending Cash Balance 676,798 651,096 404,921 318,228 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. City of South Bend, Indiana Monthly Financial Report November 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 11,698,939 11,698,939 1,005,450 92% Intergov./ Grants 12,500 - 50,000 50,000 - - 50,000 0% Fines, Forfeitures, and Fees 354,660 - - - - - - - Interest Earnings 163,880 128,951 136,795 136,795 321,468 321,468 (184,673) 235% Donations - - - 75,000 67,950 67,950 7,050 91% Other Income 153,272 151,545 349,424 349,424 9,564 9,564 339,860 3% Interfund Transfers In - 1,000,000 - - - - - - Total Revenue 14,090,026 14,286,985 12,752,855 13,315,608 12,097,921 12,097,921 1,217,687 91% Expenditures by Activity General City 1,076,233 - - 7,800,000 2,834,071 41,451 2,875,522 4,924,478 37% 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 11,112,682 4,844,420 2,931,580 7,776,000 3,336,682 70% Neighborhoods 3,865,219 2,340,000 5,654,853 6,500,554 2,994,151 810,967 3,805,117 2,695,436 59% Streets 35,749 - - 3,018,812 1,228,927 1,160,827 2,389,754 629,059 79% 2015 Park Bonds 376,689 376,736 375,106 375,106 343,084 - 343,084 32,022 91% 2018 Zoo Bonds 320,900 324,100 332,100 332,100 332,100 - 332,100 - 100% 2021 Infrastructure Bonds - 253,000 606,000 606,000 575,500 - 575,500 30,500 95% Total Expenditures 12,470,279 8,380,845 13,810,778 29,944,678 13,152,252 4,944,824 18,097,076 11,847,601 60% Expenditures by Type Services & Charges Professional Services 2,883,244 3,074,579 160,000 620,920 367,725 130,011 497,736 123,184 80% Printing & Advertising 404 2,706 45,000 45,000 8,644 1,080 9,724 35,276 22% Utilities 42,523 46,983 70,000 70,000 41,728 - 41,728 28,272 60% Repairs & Maintenance 209,536 122,395 432,873 3,451,968 1,397,374 1,160,936 2,558,310 893,658 74% Grants & Subsidies 1,220,570 1,028,845 2,220,000 6,960,103 2,019,769 3,500,019 5,519,788 1,440,315 79% Other Services & Charges 1,603 - 635,593 635,593 39,675 - 39,675 595,918 6% Debt Service Principal 301,441 314,344 333,699 333,699 190,000 - 190,000 143,699 57% Debt Service Interest & Fees 219,669 209,777 198,825 198,825 142,850 - 142,850 55,975 72% Total Services & Charges 4,878,989 4,799,629 4,095,990 12,316,107 4,207,765 4,792,045 8,999,811 3,316,297 73% Capital 5,000 112,229 150,000 8,199,783 3,001,653 152,779 3,154,432 5,045,350 38% Interfund Transfers Out 7,586,290 3,468,986 9,564,788 9,428,788 5,942,834 - 5,942,834 3,485,954 63% Total Expenditures 12,470,279 8,380,845 13,810,778 29,944,678 13,152,252 4,944,824 18,097,076 11,847,601 60% Net Surplus / (Deficit)1,619,747 5,906,140 (1,057,923) (16,629,070) (1,054,332) (5,999,156) 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 8,166,284 25,377,313 Cash Reserves Target 6,235,140 4,190,422 14,972,339 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 City of South Bend, Indiana Monthly Financial Report November 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. City of South Bend, Indiana Monthly Financial Report November 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 2,119 2,119 631 77% Interfund Transfers In 2,870,500 2,866,000 2,865,000 3,055,500 3,055,500 3,055,500 - 100% Total Revenue 2,872,851 2,866,071 2,867,750 3,058,250 3,057,619 3,057,619 631 100% Expenditures by Type Services & Charges Debt Service Principal 1,790,000 1,850,000 1,925,000 2,030,000 2,030,000 - 2,030,000 - 100% Debt Service Interest & Fees 1,073,013 1,006,069 934,282 1,014,328 1,010,677 - 1,010,677 3,651 100% Total Expenditures 2,863,013 2,856,069 2,859,282 3,044,328 3,040,677 - 3,040,677 3,651 100% Net Surplus / (Deficit)9,839 10,002 8,468 13,922 16,942 16,942 Beginning Cash Balance 222,584 232,423 242,425 Cash Adjustments - - - Ending Cash Balance 232,423 242,425 256,347 259,367 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 City of South Bend, Indiana Monthly Financial Report November 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 1,077 1,077 1,923 36% Debt Proceeds - 8,860,022 - - - - - - Interfund Transfers In 2,645,000 2,564,000 2,575,500 2,766,500 2,736,000 2,736,000 30,500 99% Total Revenue 2,648,478 11,424,080 2,578,500 2,769,500 2,737,077 2,737,077 32,423 99% Expenditures by Type Services & Charges Debt Service Principal 2,250,000 2,150,000 2,075,000 2,195,000 2,195,000 - 2,195,000 - 100% Debt Service Interest & Fees 379,968 635,015 487,480 556,956 554,716 - 554,716 2,240 100% Total Services & Charges 2,629,968 2,785,015 2,562,480 2,751,956 2,749,716 - 2,749,716 2,240 100% Interfund Transfers Out - 9,248,224 - - - - - - - Total Expenditures 2,629,968 12,033,240 2,562,480 2,751,956 2,749,716 - 2,749,716 2,240 100% Net Surplus / (Deficit)18,510 (609,159) 16,020 17,544 (12,640) (12,640) Beginning Cash Balance 815,025 833,535 224,375 Cash Adjustments - - - Ending Cash Balance 833,535 224,375 241,919 211,736 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 City of South Bend, Indiana Monthly Financial Report November 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 - - 123,848 123,848 (123,848) - Charges for Services - - - - - - - - Interest Earnings 199,544 153,650 173,901 173,901 393,112 393,112 (219,211) 226% Donations 2,250 - - - - - - - Debt Proceeds 4,345,059 - - - - - - - Other Income 252,995 22,900 - 15,393 130,355 130,355 (114,962) 847% Interfund Transfers In 35,560 585,315 - 8 16 16 (8) 204% Total Revenue 22,045,151 20,134,540 18,274,531 18,289,932 10,725,346 10,725,346 7,564,587 59% Expenditures by Type Services & Charges Professional Services 1,082,200 714,611 425,000 1,081,566 558,052 298,909 856,961 224,605 79% Debt Service Principal 3,750,570 3,883,193 3,711,202 3,711,202 3,711,202 - 3,711,202 - 100% Debt Service Interest & Fees 1,329,981 958,715 813,204 813,204 812,903 - 812,903 301 100% Other Services & Charges 619,953 - - 250,000 250,000 - 250,000 - 100% Total Services & Charges 6,782,703 5,556,519 4,949,406 5,855,972 5,332,158 298,909 5,631,067 224,906 96% Capital 12,152,391 4,873,092 - 18,706,753 5,657,789 4,772,303 10,430,092 8,276,661 56% Interfund Transfers Out 5,085,022 5,013,303 4,710,000 4,710,000 4,710,000 - 4,710,000 - 100% Total Expenditures 24,020,117 15,442,915 9,659,406 29,272,725 15,699,947 5,071,212 20,771,158 8,501,567 71% Net Surplus / (Deficit)(1,974,965) 4,691,625 8,615,125 (10,982,793) (4,974,601) (10,045,812) 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 22,730,248 28,764,214 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 City of South Bend, Indiana Monthly Financial Report November 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 16,308 16,308 (6,673) 169% Other Income 300 - - - - - - - Total Revenue 246,422 356,020 293,562 293,562 167,352 167,352 126,210 57% 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 - 224,105 105,690 55,809 161,499 62,606 72% Total Expenditures 152,721 248,282 - 228,561 105,690 57,009 162,699 65,862 71% Net Surplus / (Deficit)93,701 107,738 293,562 65,001 61,662 4,653 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 1,291,909 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 City of South Bend, Indiana Monthly Financial Report November 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 27,464 132,862 132,862 (105,398) 484% 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 2,574,648 2,574,648 1,275,706 67% Expenditures by Type Services & Charges Professional Services 82,784 67,611 - 988,049 428,035 399,369 827,405 160,644 84% Insurance - 523 - 221 - - - 221 0% Other Services & Charges - - - - - - - - - Total Services & Charges 82,784 68,133 - 988,270 428,035 399,369 827,405 160,865 84% Capital 5,418,511 1,336,457 - 8,428,757 732,018 4,566,680 5,298,698 3,130,059 63% Total Expenditures 5,501,295 1,404,591 - 9,417,026 1,160,054 4,966,049 6,126,103 3,290,924 65% Net Surplus / (Deficit)(2,441,932) 3,711,876 3,850,354 (5,566,672) 1,414,594 (3,551,456) 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 3,939,773 10,884,995 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 City of South Bend, Indiana Monthly Financial Report November 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 69,286 181,126 181,126 (111,840) 261% Total Revenue 3,171,100 3,057,189 1,885,035 1,885,035 1,693,859 1,693,859 191,176 90% Expenditures by Type Services & Charges Professional Services 140,498 162,661 - 731,102 133,705 494,025 627,731 103,371 86% Total Services & Charges 140,498 162,661 - 731,102 133,705 494,025 627,731 103,371 86% Capital 76,527 999,692 - 9,467,403 1,834,888 3,541,998 5,376,885 4,090,517 57% Total Expenditures 217,025 1,162,353 - 10,198,505 1,968,593 4,036,023 6,004,616 4,193,888 59% Net Surplus / (Deficit)2,954,075 1,894,837 1,885,035 (8,313,470) (274,734) (4,310,757) 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 6,159,712 14,608,186 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 City of South Bend, Indiana Monthly Financial Report November 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 2,658 2,658 853 76% Total Revenue 1,154 270,610 169,511 169,511 197,127 197,127 (27,616) 116% 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 - 209,147 209,147 - 209,147 - 100% Total Expenditures 96,143 106,170 - 284,630 210,455 - 210,455 74,175 74% Net Surplus / (Deficit)(94,989) 164,440 169,511 (115,119) (13,328) (13,328) Beginning Cash Balance 187,806 93,140 257,579 Cash Adjustments 322 - - Ending Cash Balance 93,140 257,579 142,461 243,371 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 City of South Bend, Indiana Monthly Financial Report November 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 50,572 50,572 3,095 94% Total Revenue 5,324,035 6,318,471 6,032,047 6,032,047 3,595,145 3,595,145 2,436,901 60% Expenditures by Type Services & Charges Professional Services - 13,350 30,000 30,000 11,500 - 11,500 18,500 38% Debt Service Principal 409,383 427,037 445,524 445,524 445,523 - 445,523 1 100% Debt Service Interest & Fees 85,445 67,791 49,805 49,805 49,305 - 49,305 500 99% Total Services & Charges 494,828 508,178 525,329 525,329 506,328 - 506,328 19,001 96% Interfund Transfers Out 3,864,125 5,058,659 4,396,375 4,396,375 4,396,375 - 4,396,375 - 100% Total Expenditures 4,358,953 5,566,837 4,921,704 4,921,704 4,902,703 - 4,902,703 19,001 100% Net Surplus / (Deficit)965,082 751,634 1,110,343 1,110,343 (1,307,558) (1,307,558) 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 4,107,526 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 City of South Bend, Indiana Monthly Financial Report November 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 - - 8,538 8,538 (8,538) - Total Revenue 9,075 6,133 - - 8,538 8,538 (8,538) - Expenditures by Type Interfund Transfers Out 13,309 6,133 - - - - - - - Total Expenditures 13,309 6,133 - - - - - - - Net Surplus / (Deficit)(4,234) - - - 8,538 8,538 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 1,045,217 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 City of South Bend, Indiana Monthly Financial Report November 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 - - 8,538 8,538 (8,538) - Total Revenue 9,075 6,133 - - 8,538 8,538 (8,538) - Expenditures by Type Interfund Transfers Out 13,309 6,133 - - - - - - - Total Expenditures 13,309 6,133 - - - - - - - Net Surplus / (Deficit)(4,234) - - - 8,538 8,538 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 1,045,217 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 City of South Bend, Indiana Monthly Financial Report November 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 12,863 12,863 (3,506) 137% Total Revenue 8,934 6,085 9,357 9,357 12,863 12,863 (3,506) 137% Total Expenditures - - - - - - - - - Net Surplus / (Deficit)8,934 6,085 9,357 9,357 12,863 12,863 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 1,044,832 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 City of South Bend, Indiana Monthly Financial Report November 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 3 3 7 31% Interfund Transfers In 488,171 1,036,500 1,035,000 1,035,000 1,035,000 1,035,000 - 100% Total Revenue 488,184 1,036,503 1,035,010 1,035,010 1,035,003 1,035,003 7 100% Expenditures by Type Services & Charges Debt Service Principal 270,000 650,000 685,000 685,000 685,000 - 685,000 - 100% Debt Service Interest & Fees 247,313 377,750 344,750 344,750 344,750 - 344,750 - 100% Total Services & Charges 517,313 1,027,750 1,029,750 1,029,750 1,029,750 - 1,029,750 - 100% Total Expenditures 517,313 1,027,750 1,029,750 1,029,750 1,029,750 - 1,029,750 - 100% Net Surplus / (Deficit)(29,129) 8,753 5,260 5,260 5,253 5,253 Beginning Cash Balance 29,819 690 9,443 Cash Adjustments - - - Ending Cash Balance 690 9,443 14,703 14,696 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. City of South Bend, Indiana Monthly Financial Report November 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 15 15 (5) 150% Interfund Transfers In 326,938 - - - - - - - Total Revenue 326,939 16 10 10 15 15 (5) 150% Expenditures by Type Interfund Transfers Out - 11 - - 16 - 16 (16) - Total Expenditures - 11 - - 16 - 16 (16) - Net Surplus / (Deficit)326,939 5 10 10 (1) (1) Beginning Cash Balance - 326,939 326,944 Cash Adjustments - - - Ending Cash Balance 326,939 326,944 326,954 326,943 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. City of South Bend, Indiana Monthly Financial Report November 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 7,000 556 525 525 31 94% Hotel/Motel Taxes - - - 381,500 374,523 374,523 6,977 98% Interest Earnings 11,827 13,014 24,072 24,072 37,752 37,752 (13,680) 157% Donations 1,449,512 1,411,877 1,000,000 1,000,000 1,000,000 1,000,000 - 100% 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 1,412,799 1,412,799 143,328 91% Expenditures by Type Services & Charges Professional Services 1,657 91 4,500 4,500 - - - 4,500 0% Grants & Subsidies 666,323 538,272 - 1,005,283 410,417 374,866 785,283 220,000 78% Total Services & Charges 667,979 538,363 4,500 1,009,783 410,417 374,866 785,283 224,500 78% Capital 2,214 - - - - - - - - Interfund Transfers Out - 147,786 - 381,500 381,500 - 381,500 - 100% Total Expenditures 670,193 686,149 4,500 1,391,283 791,917 374,866 1,166,783 224,500 84% Net Surplus / (Deficit)965,263 743,285 1,176,572 164,845 620,882 246,016 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 3,352,839 3,797,200 Cash Reserves Target 167,548 171,537 347,821 Fund Purpose: Explanation of Revenue Sources: Explanation of Expenditures and Significant Changes/Variances: The Redevelopment Commission was established to address conditions associated with blight and the underutilization of land and/or barriers to development. The Commission operates within the city limits. They study areas of the city, identify problem areas and develop a strategic plan for eliminating blight and bringing about new development within those areas. A primary focus is on the expansion of tax base and the creation of new jobs within South Bend. There are five voting members of the South Bend Redevelopment Commission. Three are appointed by the Mayor; two are appointed by the South Bend Common Council. Starting in 2021, one of the Mayoral appointees is required to be a South Bend Community School Corporation Board of Trustees voting member. Prior to 2021, there was one additional member from the South Bend Community School Corporation Board of School Trustees, appointed by the Mayor as a non-voting adviser to the Commission. Starting in 2022, this fund will begin receiving hotel/motel tax revenue, remitted to the City by St. Joseph County. --- In 2022, the City issued revenue bonds, backed by the Hotel/Motel tax revenue, to fund capital improvements to the Morris Performing Arts Center and Potawatomi Zoo. The Morris bonds debt service payments are tracked in the South Bend Redevelopment Authority Debt Service Fund (#752) and the Zoo bonds debt service payments are tracked in the South Bend Building Corporation Fund (#755). The hotel/motel taxes received in this fund will be transferred to debt service funds for the repayment of the bonds. Starting in 2019, this fund receives the South Bend Redevelopment Commission's portion of the Local Income Tax (LIT) distribution from the State. Starting in 2018, the City of South Bend will receive donations from the Pokagon Band of the Potawatomi, a Native American tribe, as "payment in lieu of taxes" for the Four Winds Casino built on tribal land adjacent to the City. This is to be split between the General Fund (#101) and the Redevelopment General Fund (#433). This fund also receives revenue from interest earned on the fund's cash balance. Prior to 2019, this fund's sole expenditure was for general legal fees for the Redevelopment Commission. Starting in 2019, this fund will also be used for economic empowerment activities determined by the Redevelopment Commission and the Department of Community Investment. As outlined in the agreement with the Pokagon Band, the donations will fund initiatives broadly aimed at contributing to the improvement of educational opportunities in the City and to address poverty and unemployment in the City. In 2022, projects will be aimed at addressing: Non-traditional financial capital and education, responsive neighborhood based amenities, and supporting the creation and growth of small businesses. Interfund Transfers Out are budgeted for the transfer of hotel/motel tax revenues from this fund to the debt service funds repaying the Morris and Zoo bonds (issued 2022). • 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 City of South Bend, Indiana Monthly Financial Report November 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 65 101 101 138 138 (37) 137% Total Revenue 96 65 101 101 138 138 (37) 137% Expenditures by Type Services & Charges Professional Services - - - - - - - - - Other Services & Charges - - - - - - - - - Total Services & Charges - - - - - - - - - Capital - - - - - - - - - Total Expenditures - - - - - - - - - Net Surplus / (Deficit)96 65 101 101 138 138 Beginning Cash Balance 10,965 11,080 11,145 Cash Adjustments 19 - - Ending Cash Balance 11,080 11,145 11,246 11,243 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 City of South Bend, Indiana Monthly Financial Report November 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 30,016 30,016 (22,016) 375% Total Revenue 28,865 15,033 - 8,000 30,016 30,016 (22,016) 375% 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 23,208 2,327,401 2,350,608 7,528 100% Total Expenditures 1,514,357 188,982 - 2,389,024 23,208 2,327,401 2,350,608 38,416 98% Net Surplus / (Deficit)(1,485,491) (173,950) - (2,381,024) 6,808 (2,320,593) 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 2,431,245 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 City of South Bend, Indiana Monthly Financial Report November 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 5,097 5,097 (3,595) 339% Total Revenue 3,540 2,411 2 1,502 5,097 5,097 (3,595) 339% 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 5,097 5,097 Beginning Cash Balance 403,750 407,982 410,393 Cash Adjustments 692 - - Ending Cash Balance 407,982 410,393 411,895 413,992 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