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Home My WebLink About10-09-2023 City Budget ApprovalCity of South Bend Indiana City of South Bend Indiana City of South Bend 2024 Budget October 9, 2023 City of South Bend Indiana 2024 Budget Process •11 public meetings –10 have been completed, tonight is the 11th. Date Time Topic Wednesday, August 16, 2023 5:30 PM 2024 City-Wide Budget Overview Wednesday, August 23, 2023 5:30 PM Police Department & Fire Department Wednesday, August 30, 2023 5:30 PM Venues Parks & Arts Tuesday, September 6, 2023 5:30 PM Council Working Session #1 Wednesday, September 13, 2023 5:30 PM Department of Community Investment Wednesday, September 20, 2023 5:30 PM Public Works Monday, September 25, 2023 7:00 PM Public Hearing on 2024 Budget (Council Meeting) Tuesday, September 26, 2023 5:30 PM Admin & Finance, Legal, and Innovation & Technology Thursday, September 28, 2023 5:30 PM Mayor’s Office, Diversity & Inclusion, City Clerk and Common Council Tuesday, October 3, 2023 5:30 PM Transpo, Budget Wrap-up and Final Questions Monday, October 9, 2023 5:00 PM Vote on 2024 Budget (Council Meeting) City of South Bend Indiana 2024 Proposed Budget City of South Bend Indiana Strategic Priorities Strong Neighborhoods Safe Community for Everyone Robust, Sustainable Infrastructure Equitable Access to Opportunity Youth and Workforce Development City of South Bend Indiana Revenues 2020 Actual 2021 Actual 2022 Actual 2023 Adopted Budget 2024 Proposed Budget YOY % Chg Property Taxes 80,188,143 87,866,397 88,670,960 91,383,556 95,578,162 4.6% Local Income Taxes 36,897,937 35,736,715 31,464,822 32,377,557 41,439,440 28.0% Charges for Services 101,247,133 105,060,688 110,825,456 114,555,260 123,589,568 7.9% Debt Proceeds 16,244,982 27,792,114 20,602,267 56,973,500 11,928,500 -79.1% Donations 4,629,063 4,581,762 3,523,560 7,603,000 9,720,560 27.9% Fines, Forfeitures, and Fees 1,073,088 662,297 646,218 733,550 744,420 1.5% Interest Earnings 2,502,753 1,727,224 4,874,844 3,443,910 3,715,036 7.9% Interfund Allocation Reimb 20,960,750 25,124,917 25,996,674 26,659,591 30,402,622 14.0% Interfund Transfers In 54,052,369 61,843,919 49,177,864 62,287,807 66,265,624 6.4% Intergov./ Grants 10,051,021 40,813,139 39,961,550 4,387,255 4,332,568 -1.2% Intergov./ Shared Revenues 25,155,512 25,978,557 25,873,341 28,863,886 31,830,188 10.3% Licenses & Permits 1,619,205 1,821,899 2,240,128 1,881,225 1,930,707 2.6% Other Income 6,340,335 5,414,593 6,362,370 3,107,411 3,108,272 0.0% PILOT 6,221,791 6,154,321 6,079,325 6,095,594 6,024,186 -1.2% Grand Total 367,184,081 430,578,541 416,299,378 440,353,102 430,609,853 -2.2% City of South Bend Indiana 2024 Proposed Department Budgets Note: Excludes Redevelopment Commission Mayor's Office, $1,109,306 City Clerk, $492,180 Common Council, $864,100 Administration & Finance, $47,911,151 Legal Department, $1,731,678 Public Works, $108,207,936 Innovation & Technology, $13,046,360 Police Department, $51,624,654 Fire Department, $43,376,050 Dept of Community Investment, $21,726,628 Venues, Parks & Arts, $34,221,129 2021 Actual 2022 Actual 2023 Adopted Budget 2024 Proposed Budget YOY Variance Mayor's Office 1,716,896$ 2,132,797$ 1,036,452$ 1,109,306$ 7% City Clerk 477,787$ 433,836$ 453,901$ 492,180$ 8% Common Council 538,882$ 509,239$ 607,587$ 864,100$ 42% Administration & Finance 35,073,661$ 52,290,061$ 43,629,245$ 47,911,151$ 10% Legal Department 1,227,132$ 1,303,534$ 1,604,576$ 1,731,678$ 8% Public Works 93,949,799$ 82,035,216$ 142,580,721$ 108,207,936$ -24% Innovation & Technology 9,183,704$ 9,298,919$ 10,078,207$ 13,046,360$ 29% Police Department 42,044,556$ 43,031,323$ 47,335,169$ 51,624,654$ 9% Fire Department 35,767,842$ 37,766,018$ 40,474,070$ 43,376,050$ 7% Dept of Community Investment 23,192,498$ 23,115,744$ 21,890,532$ 21,726,628$ -1% Venues, Parks & Arts 22,403,068$ 36,464,143$ 37,033,164$ 34,221,129$ -8% Interfund Transfers 74,248,130$ 77,074,888$ 80,052,361$ 92,501,964$ 16% Total 339,823,954$ 365,455,718$ 426,775,985$ 416,813,135$ -2% City of South Bend Indiana 2024 Proposed Budget Total Revenue (City): 430,609,853 Total Expenditures (City): (450,666,350) Net Surplus/(Deficit): (20,056,997) • Deficit Breakdown: • General Plus Fund Deficit: $16,137,143 • Other Funds Net Deficit: $3,919,854 City of South Bend Indiana 2024 Budget • General Plus Fund Deficit: $16,137,143 • $8.1 million for streets operating & capital • Subsidizing of various City operations and programs. • $ Increased costs due to inflation and increased salaries and wages •General Plus Fund History: General Plus Funds Budget 2021 2022 2023 Budget Actual Budget Actual Budget 9/30/2023 Actual $5.0 Million Deficit $9.9 Million Surplus $6.3 Million Deficit $2.7 Million Surplus $13.1 Million Deficit $8.67 Million Deficit •Stronger than expected revenue •Cost savings (particularly in personnel) City of South Bend Indiana 2024 Budget Highlights Safe Community for Everyone •Full staffing level of the SB Police Department (252 Officers) and SB Fire Department (256 Firefighters). •New crime intelligence analysts (SBPD) •Continued investment in traffic calming efforts Equitable Access to Opportunity & Youth/Workforce •Revamped VPA structure, emphasizing community programming. •Enhancing scholarship Opportunities Great Employer with Great Employees •Targeted wage increases for hard-to-recruit positions and talent retention. •3% cost of living increase for non-bargaining employees, $2,000 Residency Bonus Strong Neighborhoods & Robust, Sustainable Infrastructure •Continuation of Rebuilding Our Streets initiative. •New Neighborhood housing - Workforce and affordable housing funding with ARP allocation ($2.5M). •Vacant Building Reduction and redevelopment. •Home Repair Program ($2.5M already appropriated through ARP Home repair. $350K proposed for the 2024 budget). •Investment in our water & wastewater utility infrastructure. •Continued investing in our digital and cyber security. infrastructure. •Continued investments in Climate Action Plan. •EV Chargers •Greener Homes •“Solarize, Switch & Save” initiative