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17. 2016 Budget Hearing Session III (Rescheduled)- Century Center
Century Center September 23, 2015 TABLE OF CONTENTS POWERPOINT PRESENTATION ............................................. ............................2 -5 CENTURYCENTER ............................................................... ............................... 6 -30 670rCENTURYrCENTERr0PERATINGr ......................................................... ............................... i6 -23r 671 rCENTURYrCENTERrCAPITALrr .................................................................... ........................r24 -27r 672rCENTURYrCENTERrENERGYrCONSERVATIONrDEBTrSERVICEff ............ ........................r28 -30r 8/20/2015 Century Center �- August 26, 2015 Y Century Center Department Vision • It is our purpose to strive to be the leader in customer service by exceeding guest's expectations. • Provide a healthy, happy and safe place to work for our employees in order to ensure a professional, friendly staff. • Achieve our financial goals • Be a vital and active member of this community by supporting our locally and minority owned businesses, volunteering our time at local charities, and doing our part for the environment by reducing our carbon foot print by ways of energy savings measures and recycling & composting waste. a 2 1 Century Center ~ ", 1 " Budget Summary • Hotel /Motel Tax Operating Funds will remain the same amount as last year. There is no indication at this time that this amount will change. Also, Century Center will be requesting less monies for capital then the amount approved over the last two years. • The growth in revenue is based on anticipated growth in conventions which will drive Food and Beverage and A /V; and public shows which drive rent, other services (i.e. electrical, security), parking and A /V. We also foresee that the local social market (weddings, galas, fundraisers, proms, etc.), will remain strong. • Wages are assumed to increase by 2.5% for full time employees. • Adding an additional employee. • Health insurance is estimated at a 15% increase. • All other indirect expenses are based on historical information. • Decrease in expenses due to repairs and capital repairs over the past 2 years. • With Ameresco, GESP we will have savings on utility bills almost immediately. • Fund 671 has not budgeted any expenses for 2016, with the awareness that this fund is available for additional appropriations if needed. Century Center � 2015 Accomplishments • Net Promoter Score has approached the high 70's. • Increased booking in the year for future years by 9 %. • Completed three self - promoting events (Brewfest 2015 with record attendance, Best of the Bend and Tab Benoit Concert). • Forecasting attendance for 2015 to be up by 22 %. • Ameresco — Guaranteed Energy Savings Plan (GESP) • Lighting upgrades with replacement of 80% of light bulbs to LED • New roof —All 7 roofs replaced. The new roof will be more insulated and is light reflective which will help with heating and cooling. • HVAC upgrades • Capital Projects South Entrance Improvements • Masonry repairs • New Food and Beverage equipment: Bars and Dishwasher 8/20/2015 K Century Center 2015 Goals & Challenges What We Have Accomplished So Far Increase year over year revenue and decrease year over year net loss. Self promoted events Food and Beverage profit of 30% Improve Client /Customer relations J •O r Increasing revenue by adding events and controlling expenses. Working with Visit SB /Mishawaka and local vendors. Increasing revenue and controlling expenses. Continued customer service training and measuring by Net Promoter Score. Century Center 2016 Goals & Challenges Goals: • Achieve a valuable presence within the convention industry via new trade show opportunities with Visit South Bend /Mishawaka. Century Center has been working closely with Visit South Bend /Mishawaka participating in FAMS, Trade Shows, Blitzes, etc. • Increase year over year revenue and decrease year over year net loss. Century Center will be controlling expenses while still focused on increased sales. • Increase bookings in the year for future years. Century Center is working with Visit South Bend /Mishawaka and increasing our marketing efforts. • Create partnership opportunities for self promoted events. • Food and Beverage profit of 30 %. Century Center F &B department has created new menus with more competitive pricing and controlling expenses. • Increase number of events with sleeping room by focusing on multiday events. Challenges: • Lack of additional downtown hotel. However, Century Center has met with owners of Courtyard by Marriot regarding future business. Century Center has also included hotel representatives in the SB Alliance meetings and joint sales meetings. • Increased local facility competition. New hotels opening with meeting space will provide increased competition. • Staffing— part time and on call • Maintenance of 35+ year old building. 8/20/2015 3 8/20/2015 Century Center Key Performance Indicators 2017 2014 2015 Mayoral Long Term Actual Estimated 2016 Measure Goal Type Goal if available if available Tar et Number of events with 20 or more rooms on peak ED Effectiveness 30 38 39 40 et Operating Loss GG Efficiency $699,996 $1,109,668 $1,447,356 $1,211,645 et Promoter Score BE Effectiveness 80% 71% 72% 80% lag - J@O _ City of South Bend, Indiana 2016 Budget CenturyrCenterrOperatingr- -x670 FundlSummar3rx lOperatinglandtCapitahBud�,,et ❑ 2015 2016 Budget 2013 2014 Amended 30 -Jun Proposed Forecast Variance 2017 2018 2019 2020 Description Actual Actual Budget Actual Budget 2015 -2016 Change REVENUES PropertyTaxes nmamatammar nmammammar amammammar mmnmmnmmnmr r -r Localdncome Taxes x -x Othe Taxes mmmd,313,436 mm .1,313,450 mmmd, 313,436 nnn- 656,725 mm rt,313,436 mmm 7,313,436 mmmmm61, 313,436 tmtur- 1,313,436 mmmmm4,313,436 0.0% Gxants /Intergovernmental mm�rnnrnrmm�r mm�rnnrnrmm�r mm�rnnrnrmm�r mm�marnmmm nammamnrmry mmammammmm mmmnmmm� mmmnmmmmmm mmmnmm mmmnmmmux ex ChargesrfonServices mmmd, 817,300 mmmr8, 774,255 a-mrE, 505,815 mmmtt,012,859 mmm>Q,670,351 mmmmS, 750,462 mm-3,860,480 mmmmn2,960,597 mmmm 3,108,627 mmmmt(i4,536 6.6% IutexfundrAllocations mm�marnmmm amm�vunnvma amm�mmnmrat mmnmrmmimnnnr maamnmmnmmrr mmnmmmnnrt e r Fines k&orfitures wammammaff rmammammaff rmammammaff mmmanxmnv mmmmm� mmmmnmmmumf rr Donations imnmmmnvms rmnnmmmamn o�nmmmm�sff mnm111ll1ll111ll r�mm�mmxam anrmaommrnmmrf anmmnmmmm�m mrmmnmmammvr r -r Otherrincome nmamma 1,079 mmmnmmmna mmmmmm�,,,n nnmmnmmnmmnr r -r Transf -In Total Revenue 3,133,815 4,087,705 3,819,251 1,669,584 3,983,787 4,063,898 4,173,916 4,274,033 4,422,063 164,536 4.3% EXPENDITURES BY TYPE Personnel Salaries &AVages mmmd, 487,974 - ni,806,030 m- 2,022,490 run - 810,712 1, 834,135 mmxmn7,879,988 ammmmd,926,988 ammmmi, 975,163 antnar-2,024,542 .m *l 88,355) -9.3% Fxi et$eneEtm nmmmB47,170 mmmm326,929 nnnnaa483,327 anmm767,064 415,638 ammnx.r436,420 axum...m 458,241 axummm�v461,153 axummm�v.605,217 7,689 -14.0% Total Personnel mmmd, 835,144 mmmr8,132,959 m- 2,505,817 mmmmr977,776 2,249,773 - .12,316,408 nn- arna2, 385,229 nmmm12,456,316 ammmmr2,529,752 256,044 -10.2% Su lies amm x281,676 mmm301,472 ntra- 496,646 mro- 262,400 473,779 mmmn - 483,255 mmmmmm492,920 mmmmm,,502,778 mmmmm312,834 22,86 -4.6 Services & Charges Profssional Servicesr mmmmd77,149 mra- 418,909 mnmm114,366 ammmr273,001 414,536 nmmr- 435,263 antarn-457,026 mmxmmmr679,877 mmxmnm303,871 mmmm¢99,830) -19.4% Printing6asUvemsing rmnman46,601 X1,158 X5,000 mmmmrB6,486 60,500 X3,525 ®66,707 X0,036 X3,538 mmmm 75,500 34.4% UtiGdes mmxmn499,302 mmxm119,232 mmxm128,000 m...471,092 270,000 -.m E83,500 ......297,675 ar-r 112,559 mmmmm328,187 mmmmr(58,000) -17.7% Educationx&xTxainiug rmrar-5,810 rarara 4,168 mmmm75,500 raranartarra, 302 24,500 m r nmaxnrd5,725 X7,011 X8,362 X9,780 x,000 58.1% Travel mmmmvi4,804 mmmma26,903 mmmma23,000 mmm77,711 28,000 -rurar 19,400 mmmran- 30,870 mmmmmm12,414 rammamma14,034 mmnmma1,000 21.7% Repairs. &.Maintenance .. to-96,826 mnxnm155,652 mmmad30,088 m....55,164 85,139 immnmmnv69,396 immnmamn93,866 immnmmnr®8,559 mnmaxnxnat03,487 X44,949) -34.6% Interfundr,Uocadons mm- 23,342 mmm74,083 mmmm12,000 mmm75, 626 23,864 mmmamm14,341 rn- annr24,828 mmmamm15,324 mmmmm75,831 ar-' [8,136) -25.4% Administration - rmmvrnnrvmrmrm unmmnmv» anmvrnnrvmmma annrvrnnrvmmmm IT - wammammamaz PaymentsrinrideumfrTaxest(PILOT) - aamnmmnmmma aammamnmrmbm aamnmmnmrmrmt aamnmmnrmmma Centeal Stores - rmmammammamr Print,Shop - GIS - Liabditydnsurance 23,864 mm narn-24,341 mmmmmm14,828 mmmvamm25,324 mmmmma x25,831 Telephone - mmnmmnmmnmr Unemploymentdnsurance - rmmnmrunmmma mtmnmvmnmmmx rmmnmmnnrmma mxamrmnarrmmmx 311rC0rCenme - rammammmnmar Utilities - rmmmm�rnmmma rmmnmmnmmmm rmmnmmnmmma wnanaaanmm�mx Debt Service: r Principal anmamnmmua anmrunnrmma anmvmnvunm anmrunnrmmia - annrvrnnrvmmma annrvrnnrvmmmm annrvrnnrvmmma annrnrnnrm amm�mmnrmrx x -x Interestr&rFees - rmnmmnmmnmmr mmmmnmmnmm rr Granur&Subsidies Payatenrdnd.ieum &Taxes rmmnmmnmmr rmmammammr rmnmmnmmmr - r -r Transfers,Out 79,390 uatrarra a>81,924 nssnmura- 85,909 mmmmmmB0,754 mna-- na86,427 aavnaaaF9,390 11 OdierServicesr&rChar s mmm358,965 una-484,384 mmrmml98,194 mmmma97,963 248,235 mmmmmr231,161 mmmrm711,881 amnmmn777,054 mmmmm x194,322 mmmma60,041 25.2% Total Services & Charges mnaad,022,799 ranrn7,184,489 max-1,286,148 mnnna,670,345 1,234,164 mnmamd,264,235 amm- mmd 295,767 martnarrad,314,939 mnaramn4,379,477 51,984 -4.0% Capital mm-322,976 mmm343,951 nmmmm14,722 229,229 -94.0% Total Expenditures by Type 3,362,595 3,818,920 4,532,562 1,910,521 3,972,438 4,063,898 4,173,916 4,274,033 4,422,063 1 (560,124) -12.4% Net Surplus / (Deficit) (228,780) 268,785 (713,311) (240,937)1 11,349 1 (0) 0 0 (0) BegintdngrCashrBalance mnmmr901,198 rasa- 887,475 mnnnm892,876 ana- 892,876 mnmmd79,565 ammm 490,914 ammmnmrd90,914 ammm 490,914 ammmnmA 90,914 CashrAdjustments mnamn415,057 mmmv(263,385) mnamn665,960 Ending Cash Balance 887,475 892,876 179,565 1,217,899 190,914 190,914 190,914 190,914 190,914 Cashdtes -sffar t ann- 672,519 mm-363,784 mmm306,512 mmm382,104 mmm394,488 mmmmm112,780 nmmamm134,783 nmmmm354,807 nmammam884,413 20.00% Explain Significant Revenue and E enditure Changes Below: Chargnif rServicesr- dMGfiavingdilstorydsxbeaermblcrtoxdetermineaentalmndrfoodrmdrbeveragenevenue. nSponsorshipr- rAlthoughSMGrhasrbeenmyingtomeceivemponsorsEpmevenue ,ritfiasmotmccwred. Tota lRersonnelo-rWithngesxbeingdow norisr themsagemfrpa medoodrendrbe mge.mllsor3Tositionsrtha- . eplacedrw ithmewes.ployeesrwhererlessrtha relic employeesrwhomriginalrheldttherposidon. ServicesmdrChargesraPro fessionalusrdowmdetcrminingtthat MGrwillrbemblett eachr Critedar2mndr3tbutmottateriarlmfrthemonmact. Orintingr& rAdvertisingr- uncreasedAonupportgiveawaysmhilemmonventions. aUtWtiesr- rCmmryrCentenisrimmnrEnergyxSavingsmontxacuviithrAmeresco .rEducadonr& Trainingr- tthismccountrincludesmom onlyrtrainingrbu tmisomonventionsrt hate[ hersalesrdepanmen =tcndsaThemccount hr ffieenvncr asedrtomllowe CenmryrCentemalestto ndmddi6onalrconventionsr withrCVB. Travelr -tln reasedrforrthcn mem ffiducationaac Training.aRepairsmndr Maintenances -decreasedtbecauserthaAmeresc tpmjectuncludedrmajomquipmentmhatrwi0rbeaeplacedrbynhea: ndmfnhegaroject.ThexHotel/ MoteIrTaxtBoardmpeeatingwontributionmf r$1, 313 ,436diasmotiincreasedmincer2006. City of South Bend, Indiana 2016 Budget CenturyrCenterrOperatingr - -r670 FundiSummaryr- rDescril2tion; rAccomglishments; rGoals; rKPI's Fund Description & Purpose CenturytCentenismrConventiomCentermimedmtmttract ingdocalmndnegionaluneetings, mpecialmvents, rtrademhows ,monvendons,randtbanquets. nCenturyiCenteraeceived£ undingi£ rommhargesifomervice ,aentaldncome,r hotel /motelrtaxesmndtothetmources. 2015 Accomplishments & Outcomes r T- tContinuertorcreatet partnershipmppormnitiesrfomelfipromotedmvents. nCreatedrthreemel fipromotedmventsdnr2015. aBrewfest ,rBestmfrtherBendmndaTabrBenoit T- Havedmprovedtxlient/ customemelationsm- rNetiPromoten- Scoter2014r70 %mndr2015r78%msmfrjuner2015 T- Increaserbookingunrthetyeariforrfuturetyears T- Cont inueifocusmnryieldananagementmssessmenttopportunities T- Increasesonven6ombusinesstpotentialnvithrcurrentmndrf uturenmprovements. mAmerescorEnergyiSSavingstProgram. T- Inr2014dradr38mventsrwithr20toiimoremoommights. dnr2015, msdmatingr39mventsnvithr20m =oreaoommights. T- SignificantrCapitaldmprovements T- T- T- 2016 Department Goals & Objectives & Linkage to City Goals Basics are Easy (BE) T- Continuertorcreaterpartnershipmpportuni tiestforoelftpromotedmvents T- MeedngrExpressrCoordinator T- T- T- T- T- Good Government (GG) T- Improverchent/ customermelationsrthroughntreamhnestcommunicationmbjecdves T- T- T- T- T- T- Economic Development (ED) T- Increasetbookingrinrthetyeariforrfuturetyears T- IncreaserconventionibusinesstpotentialnvithtcuirentmndrfuturenmprovementsrtomnhancemverallmconomiaimpacttfortDowntowmSouthrBend. T- Decreaseryearmvertyearmetmperatingdoss T- Workmf fectivelynvithrthemewrCourtyardrbyrMarriott T- r- r- If- Key Performance Indicators KPI's 2017 City Long Term 2014 2015 2016 Measure Goal Type Goal Actual Estimated Target r Numbermfreventsmithr2Omrrmoreaoommights r r 30 38 39 40 r- NenOperatingd oss r T 699,996 1,109,668 1,447,356 1,211,645 r- Netd'romotenScore .80 r- T- T- T- T- r T r T- r T T T- r T T T- r T T T- .71 .72 .80 r T T T T T T T T T T T T T T T r r T r r T r r T T r Types: mutput, mfficiency, tcffectiveness ,nluality,mutcome,rtechnology 2016 Significant Chan es /Challen es /O ortunities with a focus on solutions r- Increasesonvention/ booking. nCenturyrCenterdiasnncreasedntsrvisibifity nnmthe= arketsibyrpartneringnvithrVisinSouthrBend/ Mishawakamnnnultipl erTradevShows ,tFams,vSiterVisitsmndrBhtzes. r- TrainingmndaievelopingrpartrtimerFoodmndnBeveragevStaffing. r- Completingrallaonstructionnvhileaninimizingrthetimpacttontbusiness r- City of South Bend, Indiana 2016 Budget CenturyrCenterrOperadngr -rO70 FundiSummaryr- ifive- YearrCapitaldmprovementrPlan Minimum Equipment $10,000 Thresholds Buildings $100,000 Funding 2015 BUDGET FORECAST Name Source Budget 2016 2017 2018 2019 2020 Total justification Replacement Capital twnwvmim'e mim>mvmmr m>mwvmim'e mimvmtmmr mllawvmim'e mimllavmmr mvmmvmmiax mvavvvmm'e mimvavmmr mvawvmim'e mimvavmmr mvmwvmm'e rnnm>nnvtazr r mmmpvtmm nmwtmmmx mmmpmmut nmxmtmmmx mmmpmmm nmwtmmmt m�mr twnwvmim'e mim>mvmmr m>mwvmim'e mim>mvmmr m>mwvmim'e mimvmtmmr mvmntummiar mnmmnmm'e r pvmvvvmm'e mimvavvtmr mvavmmim'e mimvavmmr mvmmvmmiar pnnnpnnnmr tmmvmmvnx nmmpvtminr tmmvmmvnx �t �r �r Project Capital t u»srmws�t rm�vs�vmr xt �m»mvmr r Bmldingtptojects a pvmpvssA4,722 e mr -r mr - 14,722 uv>nnm>nnae �m>�vtazr mvmtvvmtae rnnm>nnvtazr pmmvv»mae mnmvauvmr mnmvavmmixe mmvmpmm'r pvmummuat mmvmpmm'r imanpvmrme mrm>mnmmr imanpvmrme �wvmpvme r a r umwvsmun't m>mvv»mm'e mim>mvmmr onm»nuvvmar uvmimvavae mvmmvmmr mvmwvmm'e rnnm>nnvtazr pmmivv>mae mmmmumax x mnmmpmm'r mmmmsmae mwtmpmm'r mtmpmmpae mmvmpmm'r pvmmvmuat uvmpvtmxmme Totals - 14,722 - - - - 14,722 I 8 9 6/30/15 2016 YTD 2015 2015 2015 656,725 2013 2014 ORIGINAL AMENDED Y -T -D ACCOUNT NUMBER ACCOUNT DESCRIPTION ACTUAL ACTUAL BUDGET BUDGET ACTUAL CENTURY CENTER 670- 0000 - 317.00 -00 HOTEL /MOTEL TAX 1,313,436 1,313,450 1,313,436 1,313,436 1,313,450 LEVEL TEXT TEXT AMT 01 ALLOCATION FROM SAINT JOSEPH COUNTY HOTEL /MOTEL 1,313,436 TAX BOARD OF MANAGERS FOR 2016 - FUNDING FROM HOTEL /MOTEL TAX REVENUE - PAYMENT DIRECTLY FROM COUNTY TO CENTURY CENTER CONSISTENT WITH PRIOR YEAR ALLOCATION 1,313,436 670- 0000 - 349.11 -00 PARKING 110,884 100,634 162,000 103,297 79,090 LEVEL TEXT TEXT AMT 01 DECREASED BASED ON TRENDING 100,033 100,033 670 - 0000 - 360.00 -00 MISCELLANEOUS REVENUE 88,361 48,593 15,000 15,000 24,429 - LEVEL TEXT TEXT AMT 01 NEW DETAILED ACCOUNTS SET UP FOR 2015 FOR OTHER 5,630 REVENUE ITEMS 5,630 670- 0000 - 360.50 -10 SPONSORSHIPS 0 0 10,000 0 0 LEVEL TEXT TEXT AMT 01 SPONSORSHIP ACCOUNT 2015 670 - 0000 - 361.00 -00 INTEREST ON INVESTMENTS 3,079 0 0 0 0 670- 0000 - 371.01 -00 FOOD /BEVERGE COW]ISSIONS 249,226 0 0 0 0 LEVEL TEXT TEXT AMP 01 NEW ACCOUNT FOR 2014 670- 0420- 371 -01.00 670- 0000 - 371.02 -00 ROOM RENTAL 284,687 322,416 480,480 369,586 242,538 LEVEL TEXT TEXT AMT 01 BASED ON ANTICIPATED EVENTS 388,647 388,647 670- 0000 - 371.03 -00 EQUIPMENT RENTAL 6,640 21,314 13,000 8,000 4,910 LEVEL TEXT TEXT AMT 01 BASED ON CHARGES FOR EQUIP AND SERVICES 13,000 (I.E. STAGING, DANCE FLOOR, ETC.) 13,000 670 - 0000 - 371.05 -00 ART CENTER RENT 65,000 65,000 65,000 65,000 0 9 6/30/15 2016 YTD PROPOSED Actual BUDGET 656,725 1,313,436 75,975 100,033 25,106- 5,630 0 0 0 0 0 0 229,905 388,647 4,910 13,000 0 65,000 10 2015 6/30/15 2016 Y -T -D YTD PROPOSED ACTUAL Actual BUDGET 0 0 7,000 77,704 69,855 212,273 2015 2015 5,880 2013 2014 ORIGINAL AMENDED ACCOUNT NUMBER ACCOUNT DESCRIPTION ACTUAL ACTUAL BUDGET BUDGET LEVEL TEXT 20,505 TEXT AMT 6,174 5,904 01 PER CONTRACT WITH CITY 65,000 65,000 670 - 0000 - 371.06 -00 SKYWALK RENT 17,975 0 7,000 7,000 LEVEL TEXT TEXT AMT 01 ESTIMATED PER CONTRACT- CALCULATED RATE (DEPENDENT 7,000 ON UTILITY RATE INCREASES OR ACTUAL SHARED COSTS) 7,000 670 - 0000 - 371.07 -00 A/V TECH 179,345 195,173 294,391 220,120 LEVEL TEXT TEXT AMT 01 CHARGES FOR AV SERVICES AT GROSS 212,273 212,273 670 - 0000 - 371.11 -00 SECURITY EVENT 19,619 14,957 45,000 3,000 LEVEL TEXT TEXT AMT 01 CHARGES FOR SECURITY SERVICES (GUEST SERVICES) 5,880 5,880 670- 0000 - 371.13 -00 FOOD & BEVERAGE REVENUE 0 0 0 12,000 670 - 0000 - 371.14 -00 OPERATION LABOR BILLED 0 2,025 10,000 8,000 LEVEL TEXT TEXT AMT 01 LABOR BILLED FOR EVENTS /F &B 10,000 10,000 670 - 0000 - 371.15 -00 CLEANING BILLED 0 0 10,000 8,205 LEVEL TEXT TEXT AMT 01 CLEANING BILLED FOR EVENTS /F &B 10,000 10,000 670- 0000 - 371.16 -00 ELECTRICAL BILLED 0 8,320 45,000 22,000 LEVEL TEXT TEXT AMT 01 USAGE CHARGE OF ELECTRIC FOR EVENT /F &B 25,500 25,500 670- 0000 - 371.17 -00 TELECOM BILLED 0 3,240 15,000 5,000 LEVEL TEXT TEXT AMT 01 TELECOM BILLED 5,000 5,000 10 2015 6/30/15 2016 Y -T -D YTD PROPOSED ACTUAL Actual BUDGET 0 0 7,000 77,704 69,855 212,273 12,228 11,133 5,880 0 0 0 7,250 7,200 10,000 0 0 10,000 20,505 20,505 25,500 6,174 5,904 5,000 11 2015 2015 2015 6/30/15 2016 2013 2014 ORIGINAL AMENDED Y -T -D YTD PROPOSED ACCOUNT NUMBER ACCOUNT DESCRIPTION ACTUAL ACTUAL BUDGET BUDGET ACTUAL Actual BUDGET 670- 0000 - 371.18 -00 INSURANCE BILLED 0 0 15,000 10,000 1,775 1,271 10,920 LEVEL TEXT TEXT AMT O1 INSURANCE PER ATTENDANCE FOR EVENTS /F &B 10,920 10,920 670 - 0000 - 371.19 -00 DECORATING SERVICES 0 0 10,000 2,000 0 0 5,000 LEVEL TEXT TEXT AMT O1 CHARGE FOR FLOORING, ETC PER EVENT /F &B 5,000 5,000 670- 0000 - 371.20 -00 OTHER SERVICES 0 174,629 5,000 0 0 0 0 ** CENTURY CENTER ------ - - - - -- 2,338,252 ------ - - - - -- ------ 2,269,751 - - - - -- 2,515,307 ------ - - - - -- 2,171,644 ------ - - - - -- 1,741,195 ------ - - - - -- 1,058,276 ------ - - - - -- 2,177,319 11 12 2015 2015 2015 6/30/15 2016 2013 2014 ORIGINAL AMENDED Y -T -D YTD PROPOSED ACCOUNT NUMBER ACCOUNT DESCRIPTION ACTUAL ACTUAL BUDGET BUDGET ACTUAL Actual BUDGET 670 - 0420 - 371.01 -00 FOOD /BEVERGE COMMISSIONS 0 77,211 336,209 274,601 98,428 90,353 301,078 LEVEL TEXT TEXT AMT O1 SERVICE FEE CHARGED ON CATERTED EVENTS - 20% 301,078 301,078 670- 0420 - 371.13 -00 FOOD & BEVERAGE REVENUE 795,563 1,740,743 1,681,046 1,373,006 591,246 520,954 1,505,390 LEVEL TEXT TEXT AMT O1 CONCESSION AND CATERING REVENUE NET OF SALES TAX 1,505,390 1,505,390 ------ ** FOOD & BEVERAGE - - - - -- 795,563 ------ - - - - -- ------ 1,817,954 - - - - -- 2,017,255 ------ - - - - -- 1,647,607 ------ - - - - -- 689,674 ------ - - - - -- 611,307 ------ - - - - -- 1,806,468 ------ *** CENTURY CENTER - - - - -- 3,133,815 ------ - - - - -- ------ 4,087,705 - - - - -- 4,532,562 ------ - - - - -- 3,819,251 ------ - - - - -- 2,430,869 ------ - - - - -- 1,669,583 ------ - - - - -- 3,983,787 12 13 2015 2015 2015 6/30/15 2016 2013 2014 ORIGINAL AMENDED Y -T -D YTD PROPOSED ACCOUNT NUMBER ACCOUNT DESCRIPTION ACTUAL ACTUAL BUDGET BUDGET ACTUAL Actual BUDGET CENTURY CENTER 670- 0406 - 645.10 -01 REGULAR 1,096,570 1,132,919 1,122,516 1,122,516 678,887 541,075 1,067,514 LEVEL TEXT TEXT AMT O1 ALL FULL TIME BASED ON 2.5% WAGE INCREASE 1,067,514 TOTAL FIE - 24 1 - GENERAL MANAGER 1 - RECEPTIONIST 1 - ADMIN ASSISTANT 1 - HR DESIGNEE 1 - DIRECTOR OF FINANCE 1 - STAFF ACCOUNTANT 1 - DIRECTOR OF SALES 2 - SALES MANAGERS 1 - DIRECTOR OF EVENT SERVICES 4 - SET UP EMPLOYEES 1 - HOUSEKEEPER 3 - EVENT MPINAGERS 1 - DIRECTOR OF OPERATIONS 1 - IT MANAGER 2 - ENGINEERS 2 - GUEST SERVICES OFFICERS 1,067,514 670- 0406 - 645.10 -05 TEMPORARY SERVICES 28,612 14,453 15,000 15,000 3,199 2,856 0 670 - 0406 - 645.10 -09 PERMANENT PART TIME 33,813 29,398 65,000 65,000 9,303 7,881 65,000 LEVEL TEXT TEXT AMT O1 BASED ON BUSINESS VOLUME, INCLUDES HOSTESS 65,000 PARKING ATTENDANTS, SECURITY, AND GROUNDS INCLUDES ADDING AN ADDITIONAL SHIFT FOR SECURITY 65,000 670 - 0406 - 645.10 -11 EMPLOYEE BONUSES 49,196 20,739 47,890 47,890 10,232 10,232 47,505 LEVEL TEXT TEXT AMT O1 BASED ON ELIGIBLE EMPLOYEES BONUS POTENTIAL 47,505 47,505 670 - 0406 - 645.11 -01 FICA - REGULAR 81,967 85,716 95,656 95,656 49,183 39,053 90,271 LEVEL TEXT TEXT AMT O1 7.65 % OF WAGES 90,271 90,271 670- 0406 - 645.11 -08 GROUP INSURANCE - HEALTH 190,740 155,824 230,000 230,000 80,217 70,275 160,425 LEVEL TEXT TEXT AMT 13 14 2015 2015 2015 6/30/15 2016 2013 2014 ORIGINAL AMENDED Y -T -D YTD PROPOSEL ACCOUNT NUMBER ACCOUNT DESCRIPTION ACTUAL ACTUAL BUDGET BUDGET ACTUAL Actual BUDGET O1 ASSUMES A 15% INCREASE IN HEALTH INSURANCE (MED, 160,425 DENTAL,VISION) 160,425 670- 0406 - 645.11 -09 GROUP INSURANCE - LIFE 1,075 538 0 0 0 0 0 670 - 0406 - 645.11 -11 401K RETIREMENT PLAN 22,417 6,182 21,811 21,811 11,367 12,675 31,220 LEVEL TEXT TEXT AMT O1 401K 31,220 31,220 670- 0406 - 645.11 -13 STATE UNEMPLOYMENT TAX 22,432 9,076 10,314 10,314 3,258 3,079 9,443 LEVEL TEXT TEXT AMT O1 STATE UNEMPLOYMENT 9,443 9,443 670 - 0406 - 645.11 -14 FEDERAL UNEMPLOY TAX 4,026 8,058 2,898 2,898 2,445 2,384 4,410 LEVEL TEXT TEXT AMT O1 FEDERAL UNEMPLOYMENT TAX - .05o OF WAGES 4,410 4,410 670 - 0406 - 645.11 -99 OTHER FRINGE BENEFITS 231 853 650 650 0 0 650 LEVEL TEXT TEXT AMT O1 EAP, HSA AND OTHER EMPLOYEE BENEFITS; BASED ON 650 CURRENT ENROLLMENT 650 ------ - - - - -- * PERSONNEL SERVICES 1,531,079 ------ - - - - -- ------ 1,463,756 - - - - -- 1,611,735 ------ - - - - -- ------ 1,611,735 - - - - -- ------ 848,091 - - - - -- 689,509 ------ - - - - -- 1,476,438 670 - 0406 - 645.21 -03 C.S. - OFFICE SUPPLIES 0 292 0 0 0 0 0 670- 0406 - 645.21 -04 OTHER - OFFICE SUPPLIES 5,864 5,198 7,200 7,200 2,754 2,457 6,000 LEVEL TEXT TEXT AMT O1 BASED ON CURRENT NEEDS 6,000 6,000 670- 0406 - 645.22 -01 CENTRAL SERVICE GASOLINE 431 769 500 500 273 233 500 LEVEL TEXT TEXT AMT O1 NEED FOR FUEL GENERATORS, MOWERS, AND BOBCAT 500 500 670 - 0406 - 645.22 -05 UNIFORMS 160 426 800 800 2,747 2,583 2,000 LEVEL TEXT TEXT AMT 14 15 2015 6/30/15 2016 Y -T -D YTD PROPOSED ACTUAL Actual BUDGET 9,096 7,360 13,000 27,014 21,331 40,000 0 0 1,800 2,211 1,616 3,500 2015 2015 66,800 2013 2014 ORIGINAL AMENDED ACCOUNT NUMBER ACCOUNT DESCRIPTION ACTUAL ACTUAL BUDGET BUDGET 01 BASED ON CURRENT STAFFING LEVELS - SHIRTS FOR 2,000 SETUP AND PERMANENT PART - TIMERS 2,000 670- 0406 - 645.22 -15 OTHER- CLEANING SUPPLIES 12,088 11,554 13,000 13,000 LEVEL TEXT TEXT AMT 01 JANITORIAL SUPPLIES - BASED ON HISTORICAL TRENDS 13,000 13,000 670 -0406- 645.23 -01 BUILDING MATERIALS 19,241 30,956 35,000 35,000 LEVEL TEXT TEXT AMT 01 BASED ON PRICE INCREASES 40,000 40,000 670- 0406 - 645.23 -20 SMALL TOOLS & EQUIPMENT 1,358 1,447 1,800 1,800 LEVEL TEXT TEXT AMT 01 SMALL TOOL /EQUIPMENT PURCHASES 1,800 1,800 670- 0406 - 645.23 -40 SALT 5,906 2,578 3,500 3,500 LEVEL TEXT TEXT AMT 01 INCLUDES WATER TREATMENT SUPPLIES, ICE MELT AND 3,500 SOFTENER SALT 3,500 * SUPPLIES 45,048 53,220 61,800 61,800 670- 0406 - 645.31 -01 LEGAL SERVICES 2,595 0 0 0 670 - 0406 - 645.31 -06 OTHER PROFESSIONAL SVCS 143,202 207,595 216,351 216,351 LEVEL TEXT TEXT AMT 01 BASE FEE $135,000 PLUS INCENTIVE FEE $25,313 160,313 ASSUMING NO PAYMENT FOR CRITERIA 1, BUT PAYMENT FOR CRITERIA 2 AND 3 160,313 670 - 0406 - 645.31 -11 CONSULTING & PROFESSIONAL 0 5,195 2,000 2,000 LEVEL TEXT TEXT AMT 01 CONSULTING FEE 750 750 670 - 0406 - 645.31 -18 DATA PROCESSING FEES 0 11,782 6,000 6,000 15 2015 6/30/15 2016 Y -T -D YTD PROPOSED ACTUAL Actual BUDGET 9,096 7,360 13,000 27,014 21,331 40,000 0 0 1,800 2,211 1,616 3,500 44,095 35,580 66,800 0 0 0 113,736 100,840 160,313 0 0 750 7,110 5,804 9,250 16 2015 6/30/15 2016 Y -T -D YTD PROPOSED ACTUAL Actual BUDGET 2,100 1,800 4,000 2015 2015 0 2013 2014 ORIGINAL AMENDED ACCOUNT NUMBER ACCOUNT DESCRIPTION ACTUAL ACTUAL BUDGET BUDGET LEVEL TEXT TEXT AMT O1 ADP PAYROLL PROCESSING AND BANK FEES - NEW ACCOUNT 9,250 9,250 670 - 0406 - 645.31 -19 INTERNET FEES 0 3,600 4,000 4,000 LEVEL TEXT TEXT AMT O1 INTERNET FEES 4,000 4,000 670- 0406 - 645.31 -20 RECRUITMENT /RELOCATION 0 0 6,000 6,000 670 - 0406 - 645.31 -21 COMMISSION PAYMENTS 0 111,800 170,747 170,747 LEVEL TEXT TEXT AMT O1 NEW ACCOUNT FOR 2016 - MARKEY COMMISSION PAYMENTS 142,223 (SERVICE EXPENSE) 67% OF MOSS VAE REVENUE 142,223 670- 0406 - 645.32 -02 POSTAGE 1,986 1,380 2,000 2,000 LEVEL TEXT TEXT AMT O1 BASED ON HISTORICAL TRENDS - WILL INCLUDE POSTAGE 1,500 FOR EVERYDAY MAILING OF CONTRACTS AND DIRECT MAIL PIECES FOR SALES PROMOTIONS 1,500 670- 0406 - 645.32 -03 TRAVEL 727 24,517 20,000 20,000 LEVEL TEXT TEXT AMT O1 INCREASED DUE TO TRADE SHOW PARTICIPATION WITH 25,000 VIST SOUTH BEND /MISHAWAKA 25,000 670- 0406 - 645.32 -04 TELEPHONE 19,403 24,229 18,000 18,000 LEVEL TEXT TEXT AMT O1 LAND LINES AND CELLULAR LINES 20,024 20,024 670- 0406 - 645.32 -21 TRAVEL - MILEAGE 573 0 0 0 670 - 0406 - 645.32 -22 TRAVEL - AIRFARE 2,607 0 0 0 670- 0406 - 645.32 -23 TRAVEL - HOTEL 2,067 0 0 0 670- 0406 - 645.32 -24 TRAVEL - MEALS 1,174 112 0 0 670 - 0406 - 645.32 -25 TRAVEL - OTHER 6,976 0 0 0 670- 0406 - 645.33 -03 ADVERTISING /PROMOTION 46,601 41,158 45,000 45,000 LEVEL TEXT TEXT AMT 16 2015 6/30/15 2016 Y -T -D YTD PROPOSED ACTUAL Actual BUDGET 2,100 1,800 4,000 2,274 2,274 0 133,709 121,707 142,223 688 688 1,500 19,902 15,998 25,000 14,068 12,337 20,024 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 48,148 36,486 60,500 17 2015 2015 2015 6/30/15 2016 2013 2014 ORIGINAL AMENDED Y -T -D YTD PROPOSED ACCOUNT NUMBER ACCOUNT DESCRIPTION ACTUAL ACTUAL BUDGET BUDGET ACTUAL Actual BUDGET O1 INCLUEDS ADVERTISING, PROMOTION, WEBSITE AND 60,500 PRINTING, TRADE SHOW GIVE AWAYS AND COMMUNITY EVENT PARTICIPATION 60,500 670 - 0406 - 645.34 -01 WOP=IS COMP 28,254 35,898 18,051 18,051 22,648 22,648 18,051 LEVEL TEXT TEXT AMT O1 SMG ESTIMATE 18,051 18,051 670- 0406 - 645.34 -02 LIABILITY INSURANCE 23,342 34,083 32,000 32,000 15,626 15,626 23,864 LEVEL TEXT TEXT AMT O1 2016 FIXED COST ALLOCATION #7 - LIABILITY INSURANCE 23,864 23,864 670 - 0406 - 645.34 -05 LIABILITY - OTHER 28,299 55,618 38,000 38,000 27,173 19,646 53,861 LEVEL TEXT TEXT AMT O1 SMG INSURANCE - ESTIMATE 53,861 GENERAL,EMPLOYEMENT PRACTICES,CRIME,PROFESSIONAL LIABILITY,EXCESS INSURANCE PREMIUMS 53,861 670 - 0406 - 645.35 -01 ELECTRIC 195,341 185,846 190,000 190,000 110,083 92,220 140,000 LEVEL TEXT TEXT AMT O1 BASED ON AVERAGE TRENDS /USE OF BUILDING 140,000 AND BASED ON ENERGY SAVINGS PROGRAM THAT CC HAS BEGUN 140,000 670 - 0406 - 645.35 -02 GAS 64,300 98,120 100,000 100,000 60,489 59,966 90,000 LEVEL TEXT TEXT AMT O1 BASED ON AVERAGE TRENDS /USE OF BUILDING 90,000 90,000 670 - 0406 - 645.35 -03 TRASH REMOVAL 7,838 8,678 8,000 8,000 7,159 6,884 8,000 LEVEL TEXT TEXT AMT O1 BASED ON AVERAGE TRENDS /USE OF BUILDING 8,000 8,000 670- 0406 - 645.35 -04 WATER 31,823 26,588 30,000 30,000 15,587 12,022 32,000 LEVEL TEXT TEXT AMT 17 ACCOUNT NUMBER ACCOUNT DESCRIPTION 01 BASED ON AVERAGE TRENDS /USE OF BUILDING 670- 0406 - 645.36 -01 BUILDINGS LEVEL TEXT 01 CONTRACTED SERVICES INCLUDED IN MISCELLANEOUS MICHAELANGELOS, ROSE PEST CONTROL, MUSIC ENGINEERING, WINDOW WASHING SMG ESTIMATE 670 - 0406 - 645.36 -02 OFFICE EQUIPMENT LEVEL TEXT 01 BUDGET FOR 2016 - OTIS ELEVATOR, JOHNSON CONTROLS, COPIER MAINTENANCE 670- 0406 - 645.36 -04 COMPUTER EQUIPMENT 670 - 0406 - 645.37 -04 EQUIPMENT RENTALS 670- 0406 - 645.37 -80 ENERGY SAVINGS LEVEL TEXT 01 ENERGY SAVINGS PAID TO AMERESCO 670- 0406 - 645.39 -10 SUBSCRIPTIONS 670 - 0406 - 645.39 -11 DUES LEVEL TEXT 01 INDUSTRY ME11BERSHIPS 670- 0406 - 645.39 -12 SECURITY LEVEL TEXT 01 OUTSIDE SECURITY 670- 0406 - 645.39 -39 CREDIT CARD CHARGES LEVEL TEXT 01 BANK CHARGES, CREDIT CARD CHARGES & SOFTKW RE SUPPORT 670 - 0406 - 645.39 -48 LICENSES & PERMITS 18 2015 2015 2015 6/30/15 2016 2013 2014 ORIGINAL AMENDED Y -T -D YTD PROPOSED ACTUAL ACTUAL BUDGET BUDGET ACTUAL Actual BUDGET 32,000 32,000 57,859 93,620 60,000 60,000 46,483 37,841 60,000 TEXT AMT 60,000 60,000 0 2,043 50,000 50,000 1,393 1,393 15,000 TEXT AMT 15,000 15,000 12,871 22,250 8,000 8,000 10,296 6,825 0 5,564 6,719 2,000 2,000 1,980 1,980 0 0 0 0 0 0 0 79,676 TEXT AMT 79,676 79,676 334 932 1,000 1,000 350 350 0 1,340 4,562 3,000 3,000 2,250 2,250 5,400 TEXT AMT 5,400 5,400 0 0 38,550 38,550 7,928 7,300 3,000 TEXT AMT 3,000 3,000 20,947 26,980 18,000 18,000 18,684 16,549 25,000 TEXT AMT 25,000 25,000 0 2,383 13,000 13,000 1,409 1,409 4,400 18 ACCOUNT NUMBER ACCOUNT DESCRIPTION LEVEL TEXT 01 COMPUTER USER FEES, ENTERTAIINMMENT PERMIT, LIQUOR LICENSE, ELEVATOR PERMITS 670 - 0406 - 645.39 -70 EDUCATION & TRAINING LEVEL TEXT 01 STAFF AND SALES TRAINING MEETINGS AND CONFERENCES 670- 0406 - 645.39 -80 RELOCATION EXPENSES 670 - 0406 - 645.39 -88 EMPLOYEE GOOD & WELFARE LEVEL TEXT 01 GOOD & WELFARE 670- 0406 - 645.39 -89 MISC CHARGES & SERVICES LEVEL TEXT 01 MISC CHARGES & SERVICES * OTHER SERVICES & CHARGES 670 - 0406 - 645.42 -02 BUILDINGS LEVEL TEXT 01 RESIDUAL NET EXCESS BUDGETED TO CAPITAL * CAPITAL 670 - 0406 - 645.50 -02 INTER -FUND OPER. TRANSFRS LEVEL TEXT 01 OPERATING SAVINGS TRANSFER TO FUND 672 - ENERGY SAVINGS DEBT SERVICE FUND PER AMERESCO SUMMARY * OTHER USES 19 2015 2015 2015 6/30/15 2016 2013 2014 ORIGINAL AMENDED Y -T -D YTD PROPOSEE ACTUAL ACTUAL BUDGET BUDGET ACTUAL Actual BUDGET TEXT AMT 4,400 4,400 5,110 4,168 15,500 15,500 4,718 3,302 24,500 TEXT AMT 24,500 24,500 700 0 0 0 0 0 0 0 3,656 4,000 4,000 1,477 1,371 4,000 TEXT AMT 4,000 4,000 240,672 1,091- 5,770 5,770 73 73 6,000 TEXT AMT 6,000 6,000 - - - - - -- 952,505 ------ - - - - -- ------ 1,042,421 - - - - -- 1,124,969 ------ - - - - -- ------ 1,124,969 - - - - -- ------ 697,541 - - - - -- 607,588 ------ - - - - -- 1,016,312 222,976 0 243,951 243,951 0 0 14,722 TEXT AMT 14,722 14,722 222,976 0 243,951 243,951 0 0 14,722 0 0 0 0 0 0 79, 390 TEXT AMT 79,390 79,390 - - - - - -- 0 ------ - - - - -- ------ 0 - - - - -- 0 ------ - - - - -- ------ 0 - - - - -- ------ 0 - - - - -- 0 ------ - - - - -- 79,390 19 ACCOUNT NUMBER ACCOUNT DESCRIPTION ** CENTURY CENTER 2015 2015 2015 6/30/15 2016 2013 2014 ORIGINAL AMENDED Y -T -D YTD PROPOSED ACTUAL ACTUAL BUDGET BUDGET ACTUAL Actual BUDGET --- - - - - -- ------ - - - - -- ------ - - - - -- 2,751,608 2,559,397 3,042,455 ------ - - - - -- 3,042,455 ------ - - - - -- 1,589,727 ------ - - - - -- 1,332,678 ------ - - - - -- 2,653,662 20 ACCOUNT NUMBER ACCOUNT DESCRIPTION 670 - 0420 - 645.10 -01 REGULAR LEVEL TEXT 01 TOTAL FIE - 5 1 - EXECUTIVE CHEF 2 - CATERING MANAGER 1 - ACCOUNTING MANAGER 1 - FOOD AND BEVERAGE � 4ANAGER 670 - 0420 - 645.10 -02 HOURLY LEVEL TEXT 01 CONCESSION AND CATERING HOURLY EMPLOYEES 670- 0420 - 645.10 -05 TEMPORARY SERVICES LEVEL TEXT 01 TEMP EMPLOYEES FOR F &B 670- 0420 - 645.10 -09 PERMANENT PART TIME 670 - 0420 - 645.11 -01 FICA - REGULAR LEVEL TEXT 01 7.65% OF WAGES 670- 0420 - 645.11 -08 GROUP INSURANCE - HEALTH LEVEL TEXT 01 GROUP HEALTH INSURANCE F &B 670- 0420 - 645.11 -11 401K RETIREMENT PLAN LEVEL TEXT 01 401K 670 - 0420 - 645.11 -13 STATE UNEMPLOYMENT TAX LEVEL TEXT 01 STATE UNEMPLOYMENT TAX 670 - 0420 - 645.11 -14 FEDERAL UNEMPICY TAX 21 2015 2015 2015 6/30/15 2016 2013 2014 ORIGINAL AMENDED Y -T -D YTD PROPOSED ACTUAL ACTUAL BUDGET BUDGET ACTUAL Actual BUDGET 106,712 222,054 273,583 273,583 123,558 98,854 254,116 TEXT AMT 340,000 254,116 26,433 21 254,116 0 103,409 482,501 482,501 136,558 105,366 340,000 TEXT AMT 340,000 340,000 26,433 59,063 16,000 16,000 53,249 44,490 60,000 TEXT AMT 60,000 60,000 146,638 223,995 0 0 42- 42- 0 20,063 41,429 59,064 59,064 19,440 15,254 50,040 TEXT AMT 50,040 50,040 2,375- 9,252 32,726 32,726 19,582 17,221 37,635 TEXT AMT 37,635 37,635 1,145- 2,936- 5,472 5,472 467- 157 6,249 TEXT AMT 6f249 6,249 6,692 11,213 19,281 19,281 638 303 19,840 TEXT AMT 19,840 19,840 1,047 1,724 5,455 5,455 6,800 6,663 5,455 21 ACCOUNT NUMBER ACCOUNT DESCRIPTION LEVEL TEXT 01 FEDERAL UNEMPLOYMENT AT .05% OF WAGES * PERSONNEL SERVICES 670 - 0420 - 645.21 -04 OTHER - OFFICE SUPPLIES LEVEL TEXT 01 MOVED TO MAIN OFFICE SUPPLIES 670 - 0420 - 645.22 -05 UNIFORMS LEVEL TEXT 01 UNIFORMS FOR PART TIME F &B 670 - 0420 - 645.22 -29 COST OF GOODS SOLD LEVEL TEXT 01 BASED ON 23.5% OF GROSS FOOD AND BEVERAGE 670- 0420 - 645.22 -71 PAPER & DISPOSABLES LEVEL TEXT 01 PAPER & DISPOSABLES FOR F &B 670 - 0420 - 645.22 -72 LINEN & DECOR LEVEL TEXT 01 LINEN & DECOR F &B * SUPPLIES 670 - 0420 - 645.31 -06 OTHER PROFESSIONAL SVCS LEVEL TEXT 01 SAVOR MANAGEMENT FEE BASED ON 6.5% OF GROSS FOOD AND BEVERAGE 670 - 0420 - 645.32 -21 TRAVEL - MILEAGE LEVEL TEXT 22 2015 2015 2015 6/30/15 2016 2013 2014 ORIGINAL AMENDED Y -T -D YTD PROPOSED ACTUAL ACTUAL BUDGET BUDGET ACTUAL Actual BUDGET TEXT AMT 5,455 5,455 304,065 669,203 894,082 894,082 359,316 288,266 773,335 678 269 0 0 0 0 0 TEXT AMT 3,013 2,023 1,800 1,800 814 814 1,800 TEXT AMT 1,800 1,800 199,703 409,928 395,046 395,046 245,017 202,180 353,767 TEXT AMT 353,767 353,767 2,211 3,500 15,000 15,000 1,675 1,642 14,471 TEXT AMT 14,471 14,471 31,023 32,532 23,000 23,000 30,084 22,184 36,941 TEXT AMT 36,941 36,941 236,628 448,252 434,846 434,846 277,590 226,820 406,979 31,352 78,937 109,268 109,268 58,342 40,576 98,000 TEXT AMT 98,000 98,000 314 2,243 3,000 3,000 1,713 1,713 3,000 TEXT AMT 22 ACCOUNT NUMBER ACCOUNT DESCRIPTION O1 TRAVEL - MILEAGE FOR F &B 670- 0420 - 645.32 -23 TRAVEL - HOTEL 670- 0420 - 645.32 -24 TRAVEL - MEALS 670 - 0420 - 645.32 -25 TRAVEL - OTHER 670- 0420 - 645.34 -01 WORKMEN'S COMP LEVEL TEXT O1 WORKERS COMP F &B 670 - 0420 - 645.34 -05 LIABILITY - OTHER 670- 0420 - 645.36 -01 BUILDINGS LEVEL TEXT O1 CONTRACTED SERVICES 670- 0420 - 645.37 -04 EQUIPMENT RENTALS 670 - 0420 - 645.37 -05 KITCHEN SUPPLY RENTALS 670- 0420 - 645.39 -39 CREDIT CARD CHARGES LEVEL TEXT O1 CREDIT CARD FEES 670- 0420 - 645.39 -48 LICENSES & PERMITS LEVEL TEXT 01 LICENSES AND FEES 670 - 0420 - 645.39 -70 EDUCATION & TRAINING 670- 0420 - 645.39 -80 RELOCATION EXPENSES 670- 0420 - 645.39 -89 MISC CHARGES & SERVICES * OTHER SERVICES & CHARGES ** FOOD & BEVERAGE * ** CENTURY CENTER 23 2015 2015 2015 6/30/15 2016 2013 2014 ORIGINAL AMENDED Y -T -D YTD PROPOSEE ACTUAL ACTUAL BUDGET BUDGET ACTUAL Actual BUDGET 3,000 3,000 201 0 0 0 0 0 0 25 31 0 0 0 0 0 140 0 0 0 0 0 0 0 3,010 11,803 11,803 0 0 11,803 TEXT AMT 11,803 11,803 0 918 11,000 11,000 0 0 0 26,096 37,739 12,088 12,088 11,730 9,105 10,139 TEXT AMT 10,139 10,139 0 0 0 0 110 110 0 3,939 5,788 0 0 1,216 1,046 0 0 11,980 13,620 13,620 11,640 9,472 14,320 TEXT AMT 14,320 14,320 1,635 1,422 400 400 734 734 1,200 TEXT AMT 1,200 1,200 700 0 0 0 0 0 0 4,113 0 0 0 0 0 0 1,779 0 0 0 0 0 0 70,294 142,068 161,179 161,179 85,485 62,757 138,462 610,987 1,259,523 1,490,107 1,490,107 722,391 577,843 1,318,776 3,362,595 3,818,920 4,532,562 4,532,562 2,312,118 1,910,521 3,972,438 23 City of South Bend, Indiana 2016 Budget CenturyrCenterrCapitalr - -rO l FundiSummar3rx rOperatinglandtCapitahBud�,,et ❑ 2015 2016 Budget 2013 2014 Amended 30 -Jun Proposed Forecast Variance % Description Actual Actual Budget Actual Budget 2015 -2016 Change 2017 2018 2019 2020 REVENUES PropertyrTaxes nmamarammar nmammammar amammammar mmnmmnmmnmr r -r Localdncome Taxes r -r Othe Taxes X00,000 er Grants /Intergovernmental amanvuanvrrav mrmnvuanvrav umm�mmnmrrn umm�mmnmruF umm�mmnmruF mmmm�mmmmme mmnmmnmmmmx mmnmmnmmmm mmammammmrm mmnmmnmmr er Chargestf-Services er IntexfundrAllocadons rmmmm�mmvn mmmmmmrrrr>F mammamarrmr mrmmm�mmvn mmmmmanma nmmnmmnmmrr>f mamammmrmmar nmmnmmnmmrr>f nmmnmmnmmrmr mammammurr x t Finesr&rForfeitures er Donations Otherdncome mra- 675,315 mmamma 728 mmammam600 mmnnna -2270 mmammam600 nammammamil0 mmamarar 620 nammammamf3l mnammamma14l 0.0% Transfe -In Total Revenue 675,315 328 500 270 500 510 520 531 541 0.0% EXPENDITURES BY TYPE Personnel SalariesakAVages - mmmammammar r -r Fxin rBenefits rmmamruamm uamnmmavxmr rvxmmummm�a rmmmm�mmm mrmnmmnmmma mrmnmmnmmmra rmmnmmnmmma wmnmmnmmmxn rmmnmmvmm Total Personnel supplies mmmm114,242 mmmm73,356 .....41,156 53,356 -iwoA / Services & Charges ProfessionaB -icesr rmammammax rmammammax - annrmm�rmm�rma r r Printing SmAdvertisingr 7 - ra Utilidee rmmammammr rmmammammr rmmammammr - anmmnmmnmmnr r r Educatiom&xTrairwl; sr Travel - mmmammammar Repairsr&rMaiotenance mmmm70,928 nnv.d30,000 mmmmi30,000 - uanrnranrmmmmr uanrnranrmmmma uanrnranrmmmmr uanrnranrmmmma runwm (130,000) - 100.0% InterfundrAHocadons - wnmmnmmnmaz r r Administration - umm�mmnmmma unmmmm�mrmma umm�mmnmrmmx umm�mmnmrmma IT - rmnmmnmmnmm Paymennrnd.ieumf,Taxesr(PILOT) - umamruanvrrmm>• umm�mmmmnmvx muammammmmx mrmmmammmmn Cennaldtores - mrammmm PrintrShop - mxmarnmmnrmm�r GIS - nammnmmammar liabilitydnsurance - Telephone - mmmnmmnmmnr Unemploymmulnsurance - aartnvannrxmaavr mmmmvmmrrmmx rmmammammma mmnmammtmmm 311rCalIrCemer - rammammmnmar Utilities - rmnmmnmmnmmr rmmnmmnmmmm rmmnmmnmmma rmnmmmmnnmmx Debt Service: r Principal uamruanrmma uamruanrvmm uamaramaraavx uamruanrmmra - uanrvranrvrmmrm unnrnrnnrnrnmma umm�mmm�mmmr anmmmammrx r -r InterestrkrFees mmmma62,000 - rmammammammr mmmmammamm mtammmmummux mmmmr (62,000) - 100.0% Gxanur&6ubsidies Payrncnrdnd.ieum &Taxes rmmnmmnmmr rmmnmmnmmr - rmmammammamr rmmammmmumnr - TransfersrOut mmmm70,000 mmmma60,000 (90 ,000) - 100.0% Otherdervicesr&rChae esr Total Services & Closcges mmmar 70,965 mmmm342,000 mmmmi80,000 242,000 - 100.0% Capital mmmam67,288 mmm739,363 mmm710,300 mmmmr25,440 310,300 - 100.0% Total Expenditures by Type 192,495 339,363 605,656 246,596 (605,656) - 100.0% Net Surplus / (Deficit) 482,820 (339,035) (605,156) (246,326) 500 510 520 531 541 BeginningrCashrBalance mmmd, 274,877 mmmd,757,697 mmmd,418,663 mmmd, 418,663 mmmm813,507 mnmmmm814,007 arran rr814,517 mmnmmm815,037 mmnmmnrr815,567 CashrAdjustments ) nmmnmmnmxB rmammammaa a ... rn A Ending Cash Balance 1,757,697 1,418,663 813,507 1,172,337 814,007 814,517 815,037 815,567 816,109 Cashd2ese -Tar t mmmmn88,499 mmmmn67,873 mmmm121,131 mmmmn99,319 20.00% Explain Sigmfir.. Revenue and E enditure Changes Below: TherCenmryrCmterxCapitalrPund671x smsmbhshedxpwsummorCommonrCouncilxOrdinmcerNo .18041- 89mdopteddnrl989. TherCenmryxCentern aintainsr eparatemapitalrbmkmccomtn hichrisaeconciledrbyrcityrpersonnel .dnr2013,mmeparaterCenwryr CenterrCapitaIrFundr671 r srestablished. ThcdundneceivesrcateringrcommissionsnrrddormerlyaeceivedmnmUocationdromaherPmfessionaLSportsrDe dopmenrrFund .dnr20134SMGmontdbutcdr$575,000tt thenfundsTherfunddsmseddomn pairsrarrdmapiuI atrtherCentuxyxCmtermndmxpendimres. dnr2015, rthexfundr asmsedxforxbondxissuancemostsq$ 62, 735),xinidalrpaymenworAmerescor ($130, 000) mndrmtmnsfexaomstablishmrtlebrmervicexfundr ($50, 000) xinmonnectionradthrthe ,Cenmry,Center,Enetgyx Consemationr Bonda TherCenmryrCenterrBoazdmfiManagersrhasmorcurrenaplansa npendanoneydromrthed unddnr2016mndrbeyond. 24 ACCOUNT NUMBER ACCOUNT DESCRIPTION CENTURY CENTER CAPITAL 671- 0000 - 335.10 -00 PROF SPORTS DEV AREA LEVEL TEXT 01 PSDA TAX REVENUE - TRANSFER FROM FUND 377 ELIMINATED IN 2014 671- 0000 - 361.00 -00 INTEREST ON INVESTMENTS LEVEL TEXT 01 ESTIMATED INTEREST EARNED ON INVESTMENTS 671 - 0000 - 399.50 -00 CONTRIBUTED CAPITAL ** CENTURY CENTER CAPITAL * ** CENTURY CENTER CAPITAL 25 2015 6/30/15 2016 Y -T -D YTD PROPOSED ACTUAL Actual BUDGET 0 0 0 366 270 500 0 0 2015 2015 2013 2014 ORIGINAL AMENDED ACTUAL ACTUAL BUDGET BUDGET 100,000 0 0 0 TEXT AMT 315 328 500 500 TEXT AMT 500 500 575,000 0 0 0 675,315 328 500 500 675,315 328 500 500 25 2015 6/30/15 2016 Y -T -D YTD PROPOSED ACTUAL Actual BUDGET 0 0 0 366 270 500 0 0 0 366 270 500 366 270 500 ACCOUNT NUMBER ACCOUNT DESCRIPTION CENTURY CENTER CAPITAL 671- 0406 - 645.22 -24 OTHER OPERATING SUPPLIES * SUPPLIES 671 - 0406 - 645.31 -15 BOND ISSUANCE COSTS 671- 0406 - 645.36 -01 BUILDINGS LEVEL TEXT 01 REGLAZE 12 SKYLIGHT PANELS REPLACE CEILING TILES IN SUITES AND GREAT ROOM * OTHER SERVICES & CHARGES 671- 0406 - 645.42 -02 BUILDINGS 671 - 0406 - 645.43 -09 MATERIALS & EQUIPMENT * CAPITAL 671- 0406 - 645.50 -02 INTER -FUND OPER. TRANSFRS * OTHER USES ** CENTURY CENTER 26 2015 2015 2015 6/30/15 2016 2013 2014 ORIGINAL AMENDED Y -T -D YTD PROPOSED ACTUAL ACTUAL BUDGET BUDGET ACTUAL Actual BUDGET 0 0 0 12,200 0 0 0 0 0 0 12,200 0 0 0 0 0 0 62,000 62,735 0 0 0 0 0 130,000 130,000 130,000 0 TEXT AMT 0 0 0 192,000 192,735 130,000 0 0 339,363 0 77,500 50,000 25,000 0 0 0 0 232,800 440 440 0 0 339,363 0 310,300 50,440 25,440 0 0 0 0 50,000 50,000 50,000 0 0 0 0 50,000 50,000 50,000 0 0 339,363 0 564,500 293,175 205,440 0 26 27 2015 2015 2015 6/30/15 2016 2013 2014 ORIGINAL AMENDED Y -T -D YTD PROPOSED ACCOUNT NUMBER ACCOUNT DESCRIPTION ACTUAL ACTUAL BUDGET BUDGET ACTUAL Actual BUDGET 671 - 0420 - 645.22 -24 OTHER OPERATING SUPPLIES 101,389 0 0 41,156 41,156 41,156 0 671- 0420 - 645.22 -60 COMPUTER SUPPLIES /EQUIP 12,853 0 0 0 0 0 0 ------ * SUPPLIES - - - - -- ------ 114,242 - - - - -- ------ 0 - - - - -- ------ 0 - - - - -- ------ 41,156 - - - - -- ------ 41,156 - - - - -- ------ 41,156 - - - - -- 0 671 - 0420 - 645.33 -02 PUBLICATION LEGAL NOTICE 37 0 0 0 0 0 0 671- 0420 - 645.36 -01 BUILDINGS 10,928 0 0 0 0 0 0 ------ * OTHER SERVICES & CHARGES - - - - -- ------ 10,965 - - - - -- ------ 0 - - - - -- ------ 0 - - - - -- ------ 0 - - - - -- ------ 0 - - - - -- ------ 0 - - - - -- 0 671 - 0420 - 645.43 -09 MATERIALS & EQUIPMENT 67,288 0 0 0 0 0 0 * CAPITAL 67,288 0 0 0 0 0 0 ------ ** FOOD & BEVERAGE - - - - -- ------ 192,495 - - - - -- ------ 0 - - - - -- ------ 0 - - - - -- ------ 41,156 - - - - -- ------ 41,156 - - - - -- ------ 41,156 - - - - -- 0 ------ *** CENTURY CENTER CAPITAL - - - - -- ------ 192,495 - - - - -- ------ 339,363 - - - - -- ------ 0 - - - - -- ------ 605,656 - - - - -- ------ 334,331 - - - - -- ------ 246,596 - - - - -- 0 27 City of South Bend, Indiana 2016 Budget CenturyrCenterrEnergyrConservationrDebtiServicer- -x672 FundiSummar3x 1OperatingrandrCapitahBudget ❑ 2015 2016 Budget 2013 2014 Amended 30 -Jun Proposed Forecast Variance % 2017 2018 2019 2020 Description Actual Actual Budget Actual Budget 2015 -2016 Change REVENUES PropertyrTaxes nmamarammar nmammammar amammammar mmnmmnmmnmr r -r Localdncome Taxes r -r Othe Taxes mmmmmma10,718 ma ra- 921,436 mrammam221,436 r-r Grants /Intergovemmental umanvuanvrav mmimmn ®rnr unmmnmmnrnr unmmnmmnrnr unmmnxmm�rm mmnrnrunmmmm mxunmxunmxtm mammxunmxtmm� ammruaxnmarmua mxunmxunmxur er Chamestf-Services er IntexfuadrA locadoas 1-1 Finesr&Forfeitures rr Donations mmmammm�rr mm�mmnmmxr; m®rmmmmart r -r Other Income mammnt57,742 rm-- nd10,372 rramman�09,109 rmmamm,d03,233 mammamnt03,233 - rant57,742 - mmm�trmmmvr mrmmmnmmvt Transfersln - -60,000 mmmmn60,000 --- 6'9,390 nammammr61,924 nammamm�5,909 nammamm,130,754 nammammn86,427 mmarr-29,390 58.8% Total Revenue 50,000 50,007 237,132 192,296 305,736 415,423 411,096 187,132 374.3% EXPENDITURES BY TYPE Personnel SalariesakAVages - mmmammammar , -� Fxin rBenefits rmmamruammr imnmmmavxme rnxm�mmmnx mmmnrnmmm mrmnmmnmmma mrmnmmnmmmra mrmnmmnmmma wmnmmnmmmxn rmmnmmvmm Total Personnel supplies Services & Charges ProfessionalServicesr - rmmammammamr rr Printing SmAdvertising r -x Utilities anmmnmmnmr anmmnmmnmr anmmnmmnmr - aammammammar rx Educatiom&rTraining sr Travel - mmmammammar r e RepairsakiMaintenance rmmmm�mmm mrmnmmnmm mrmnmmnmm mrmnmmnmm - uanrmm�rnmmma umm�xmm�mmmm uamamnrmmmn¢ umm�xmm�mmmm uammammum x -r InterfundrAllocations - wnmmnmmnmaz r r Administration - umm�mmm�mrm unn�umnx umm�rmnnmmma umm�mmnmrmmff IT - rmmnmmnmmnm Paymentsdn UmtofrTaxesr(PILOT) - umanvuanvrmmm mrmnvuanvrmmm umm�rmm�rmmmx umm�rmm�rmmma Cenn.hSmres - rmmammammamr Print,Shop - GIS - nammammammar liabilitydnsurance Telephone - mmmnmmnmmnr Unemploymmulnsurance - aartnvannrrmaavr mmmmvmmrrmmx rmmammammma �mmmnurummm 311rCalIrCemer - rammammmnmar Utilities - rmmmm�rnmmnmt rmmmm�rnmmmm rmmnmmnmmma wnmmmmanrnmx Debt Service: r Principal uamruanrvmm uanvuanrmmra uamruanrvmm uanvuanrvmm 22,585 nurrannrm96,606 - varrrnrd62,702 mxrrnmxr 280,090 nrvrnmvmm'85,614 rmmmmR2,585 11 Interesu&tFees 214,547 mmmmmrd45,690 mmmmmmt43,034 mmmmmrd35,333 mmmmmmt25,482 -- .,214,547 r -r Grants oSubsidies - x -r Paymentdnd.ieum &Taxes mrnmmnmmna rmnmmnmmna rmmnmmmm�a - rmmammammamr t -r TransfersrOut OtherdervicesnkrChae esr Total Services & Charges 237,132 X92,296 mmamavxn805,736 mmrmmnn415,423 X11,096 marnrZ37,132 Capital Total Expenditures by Type 237,132 192,296 305,736 415,423 411,096 237,132 Net Surplus / (Deficit) 50,000 50,007 BeginningrCashrBalance amammamma xx®60,000 - ra"rnmr60,000 ®60,000 nnrm..rnmr60,000 ®60,000 CashrAdjustments nnmmnmmnmr nnmmnmmnmr nammammamr mmnmmnmmf0) nnmmnmmnmr Ending Cash Balance - - 50,000 50,007 50,000 50,000 50,000 50,000 50,000 Cashdteserves Tar et F---() -011-1 Explain Sigmfir.. Revenue and E enditure Change. Below: Nemfundmstabhshedunr2015dnmonjunctionrwithrther2015rCenmryrCentertE nergyvConsevationrQECBrBondsm fr$4, 167, 897. ThemlosingmnrtherbondsrwasrMayrl 4, r201 5. rDebmervicerwiUtbeaepaidmwal5tyensmtartingronrMayrl ,r2016rthroughrMaydl,r 2031. Therbondsmillrbemsedrforme oofs, dightingrandmtherumprovementmmherCenturyrCmternndrw ilhbenepaidry rithmmombin adonmfmperatingrsavings,rH otel/ MotelrTaxunonies ,=dndnteresmebates. Thedundr asmstablishedr ithnnrinidalrnansfer o6$50,000rduring2015if omrthmCenturyrCentervCapitalxFundr671. rOtherdncomeusrfordnteresmebatesdTomrtherQualifiedrEnergyrC onset ationr(QECB)rprogram. TransfersdndsrfonenergympeatingsavingsmansfemdrfromrCenturyrCenterxFundr670 ¢or payrarportionrofnherdebmery ice. rOthexrTaxesmredorrconnibu tionsdromrthe6ainnjosephrCountyrHoul /MotelrT=tFund. 28 29 2015 2015 2015 6/30/15 2016 2013 2019 ORIGINAL AMENDED Y -T -D YTD PROPOSED ACCOUNT NUMBER ACCOUNT DESCRIPTION ACTUAL ACTUAL BUDGET BUDGET ACTUAL Actual BUDGET CENTURY CENTER ENERGY SAV 672- 0000 - 361.00 -00 INTEREST ON INVESTMENTS 0 0 0 0 11 7 100 672 - 0000 - 361.60 -10 INTEREST REBATE 0 0 0 0 0 0 157,692 LEVEL TEXT TEXT AMT O1 2015 CENUTRY CENTER QECB INTEREST REBATE 157,692 157,692 672 - 0000 - 392.00 -00 INTER -FUND OPER. TRANSFER 0 0 0 50,000 50,000 50,000 79,390 LEVEL TEXT TEXT AMT O1 TRANSFER FROM FUND 670 - CENTURY CENTER ENERGY 79,390 SAVINGS CONTRACT - OPERATING SAVINGS 79,390 ------ ** CENTURY CENTER ENERGY SAV - - - - -- 0 ------ - - - - -- ------ 0 - - - - -- ------ 0 - - - - -- ------ 50,000 - - - - -- ------ 50,011 - - - - -- ------ 50,007 - - - - -- 237,132 * ** CENTURY CENTER ENERGY SAV 0 0 0 50,000 50,011 50,007 237,132 29 ACCOUNT NUMBER ACCOUNT DESCRIPTION CENTURY CENTER ENERGY SAV 672- 0000 - 472.38 -01 PRINCIPAL LEVEL TEXT 01 2015 CENTURY CENTER QECB LOAN - PRINCIPAL 672 - 0000 - 472.38 -02 INTEREST LEVEL TEXT 01 2015 CENTURY CENTER QECB LOAN - INTEREST 672- 0000 - 472.38 -03 PAYING AGENT FEES LEVEL TEXT 01 2015 CENTURY CENTER QECB LOAN * OTHER SERVICES & CHARGES ** CENTURY CENTER ENERGY SAV * ** CENTURY CENTER ENERGY SAV 30 2015 6/30/15 2016 Y -T -D YTD PROPOSED ACTUAL Actual BUDGET 0 0 22,585 0 0 213,547 0 0 1,000 0 0 0 0 237,132 0 237,132 0 237,132 2015 2015 2013 2014 ORIGINAL AMENDED ACTUAL ACTUAL BUDGET BUDGET 0 0 0 0 TEXT AMT 22,585 22,585 0 0 0 0 TEXT AMT 213,547 213,547 0 0 0 0 TEXT AMT 1,000 1,000 - - - - - -- 0 ------ - - - - -- ------ 0 - - - - -- ------ 0 - - - - -- 0 - - - - - -- 0 ------ - - - - -- ------ 0 - - - - -- ------ 0 - - - - -- 0 - - - - -- 0 ------ - - - - -- ------ 0 - - - - -- ------ 0 - - - - -- 0 30 2015 6/30/15 2016 Y -T -D YTD PROPOSED ACTUAL Actual BUDGET 0 0 22,585 0 0 213,547 0 0 1,000 0 0 0 0 237,132 0 237,132 0 237,132